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4JS

Active
Private limited companyfounded 2021active for 5 yearsLangblok 20, 2260 Westerlo, BelgiumKBO/BCE: BE 0776.693.153

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 19-06-2026 at the NBB all 4 filings

Equity
€8,335▼ 37.3%
2024 · €13,286
Total assets
€12,713▼ 14.1%
2024 · €14,797
Net result
-€4,952▲ 26.5%
2024 · -€6,737
Working capital
€8,335▼ 36.5%
2024 · €13,133
Trend over the years

2022 to 2025, 4 financial years

The operating result for 2025 is a loss of €4,065, smaller than the loss of €5,622 in 2024.

Operating result-€4,065 2025 Net result-€4,952 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€21,012-€5,074▼ 75.9%-€5,622-€4,065▲ 27.7%
Net result€16,390within the sector's middle half-€2,633within the sector's middle half▼ 83.9%-€6,737below the sector's middle half-€4,952below the sector's middle half▲ 26.5%
Equity€17,390below the sector's middle half-€20,023below the sector's middle half▲ 15.1%€13,286below the sector's middle half▼ 33.6%€8,335below the sector's middle half▼ 37.3%
Total assets€55,162below the sector's middle half-€25,675below the sector's middle half▼ 53.5%€14,797below the sector's middle half▼ 42.4%€12,713below the sector's middle half▼ 14.1%
Debt€37,772-€5,652▼ 85.0%€1,511▼ 73.3%€4,378▲ 190%
Working capital€15,318within the sector's middle half-€19,047within the sector's middle half▲ 24.3%€13,133within the sector's middle half▼ 31.0%€8,335within the sector's middle half▼ 36.5%
Solvency31.5%within the sector's middle half-78.0%within the sector's middle half▲ 46.5pp89.8%above the sector's middle half▲ 11.8pp65.6%within the sector's middle half▼ 24.2pp
Current ratio1.41within the sector's middle half-4.54above the sector's middle half▲ 3.139.69above the sector's middle half▲ 5.152.90within the sector's middle half▼ 6.79
Return on assets (ROA)29.7%above the sector's middle half-10.3%within the sector's middle half▼ 19.5pp-45.5%below the sector's middle half▼ 55.8pp-38.9%below the sector's middle half▲ 6.6pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €12,713
Equity €8,335 ▼ 37.3%
Debt €4,378 ▲ 190%
Debt's share of the balance-sheet total rises from 10.2% to 34.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€3,912▲
2024 · -€4,526
Cash flow
-€4,798▲
2024 · -€5,641
Debt to equity
0.53▲
2024 · 0.11
ROE
-59.4%▼
2024 · -50.7%
Interest coverage
-4.31▼
2024 · -4.06
Debt ≤ 1 year
€4,378▲
2024 · €1,511
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as 4JS: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €10,500 and €19,100, founded between 2019 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
4JS Westerlo2021€12,713€8,335-€3,392-€4,952-2025
Emloda Assets Brugge2021€10,486-€668-€611-€1,669-2025
HerLo Jabbeke2021€16,386-€56,548-€6,165-€26,75102025
MATHIAS VERKOOIJEN Antwerpen2020€16,405€13,032-€17,469-€21,496-2025
BuzzBITe Geel2023€15,987-€73,554-€21,719-€26,296-2025
NHasbest Antwerpen2023€19,147-€7,034-€4,380-€8,818-2025
MUNERIS SERVICES Antwerpen2019€17,916-€1,619-€5,077-€5,419-2025

They were chosen from the 3,691 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 3,591 companies had the same profile as 4JS has now. Two years later, 3.0% had gone bankrupt and 87.4% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.0% went bankrupt
9.4% stopped otherwise
87.4% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of 4JS itself is lower: < 0.1% within 12 months. It rests on far more data about 4JS than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,591 companies, not a prediction for 4JS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Subsidies and aid

Flemish government

2023 · 1 entry · €990 awarded · €990 paid
Schemes
1 entry · €990 · €990 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines

Source: Annual accounts 2025 at the NBB, filed on 19-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€14,797€12,713▼
Fixed assets21/28€153€0▼
Tangible fixed assets22/27€153€0▼
Furniture and vehicles24€153€0▼
Current assets29/58€14,644€12,713▼
Amounts receivable within one year40/41-€1,286
Other amounts receivable41-€1,286
Cash at bank and in hand54/58€14,256€10,984▼
Deferred charges and accrued income490/1€387€443▲
Equity and liabilities
Total equity and liabilities10/49€14,797€12,713▼
Equity10/15€13,286€8,335▼
Contributions10/11€1,000€1,000=
Reserves13€12,286€7,335▼
Distributable reserves133€12,286€7,335▼
Amounts payable17/49€1,511€4,378▲
Amounts payable within one year42/48€1,511€4,378▲
Trade debts44€517€669▲
Suppliers440/4€517€669▲
Taxes, remuneration and social security45€492€3,710▲
Taxes450/3€492€3,710▲
Other amounts payable47/48€502€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,096€153▼
Other operating charges640/8€505€520▲
Gross operating margin9900-€4,020-€3,392▲
Operating profit (loss)9901-€5,622-€4,065▲
Financial income75/76B-€21
Recurring financial income75-€21
Financial charges65/66B€1,116€908▼
Recurring financial charges65€1,116€908▼
Profit (loss) for the period before taxes9903-€6,737-€4,952▲
Income taxes67/77€0-
Profit (loss) for the period9904-€6,737-€4,952▲
Profit (loss) for the period to be appropriated9905-€6,737-€4,952▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,737-€4,952▲
Transfer from equity791/2€6,737€4,952▼
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€943€1,096€1,096€153▼ 86.0%
Other operating charges640/8€797€793€505€520▲ 2.8%
Gross operating margin9900€22,752€6,964-€4,020-€3,392▲ 15.6%
Operating profit (loss)9901€21,012€5,074-€5,622-€4,065▲ 27.7%
Financial income75/76B---€21-
Recurring financial income75---€21-
Financial charges65/66B€166€1,405€1,116€908▼ 18.6%
Recurring financial charges65€166€1,405€1,116€908▼ 18.6%
Profit (loss) for the period before taxes9903€20,846€3,669-€6,737-€4,952▲ 26.5%
Income taxes67/77€4,456€1,036€0--
Profit (loss) for the period9904€16,390€2,633-€6,737-€4,952▲ 26.5%
Profit (loss) for the period to be appropriated9905€16,390€2,633-€6,737-€4,952▲ 26.5%
Line2022202320242025Change
Assets
Total assets20/58€55,162€25,675€14,797€12,713▼ 14.1%
Fixed assets21/28€2,345€1,249€153€0▼ 100%
Tangible fixed assets22/27€2,345€1,249€153€0▼ 100%
Furniture and vehicles24€2,345€1,249€153€0▼ 100%
Current assets29/58€52,816€24,426€14,644€12,713▼ 13.2%
Amounts receivable within one year40/41€14,520--€1,286-
Trade receivables40€14,520----
Other amounts receivable41---€1,286-
Cash at bank and in hand54/58€37,950€24,055€14,256€10,984▼ 23.0%
Deferred charges and accrued income490/1€346€371€387€443▲ 14.3%
Equity and liabilities
Total equity and liabilities10/49€55,162€25,675€14,797€12,713▼ 14.1%
Equity10/15€17,390€20,023€13,286€8,335▼ 37.3%
Contributions10/11€1,000€1,000€1,000€1,000=
Reserves13€16,390€19,023€12,286€7,335▼ 40.3%
Distributable reserves133€16,390€19,023€12,286€7,335▼ 40.3%
Amounts payable17/49€37,772€5,652€1,511€4,378▲ 190%
Amounts payable within one year42/48€37,499€5,379€1,511€4,378▲ 190%
Trade debts44€3,553€685€517€669▲ 29.4%
Suppliers440/4€3,553€685€517€669▲ 29.4%
Taxes, remuneration and social security45€6,172€3,229€492€3,710▲ 654%
Taxes450/3€6,172€3,229€492€3,710▲ 654%
Other amounts payable47/48€27,773€1,465€502€0▼ 100%
Accrued charges and deferred income492/3€273€273---
Line2022202320242025Change
Profit (loss) for the period9904€16,390€2,633-€6,737-€4,952▲ 26.5%
+ Depreciation and write-downs630€943€1,096€1,096€153▼ 86.0%
Operating cash flow (approximation)€17,333€3,729-€5,641-€4,798▲ 14.9%
Investment in fixed assets (approximation)-€0€0€0-
Change in cash--€13,895-€9,799-€3,272▲ 66.6%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2025 micro format 19-06-2026 2026-00177027 NBB
31-12-2024 micro format 20-06-2025 2025-00158268 PDF
31-12-2023 micro format 27-06-2024 2024-00168602 PDF
31-12-2022 micro format 30-06-2023 2023-00179419 PDF

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