4Retail
ActiveSummary
4Retail has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.15M and a net result of €159k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+47
Solvency58▲+12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.32 in 2024; short-term debt: 63.2% and cash: 9.7% of total assets), and 67.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.6%
Return on assets
4.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
14 d late
2024
on the day
2023
1 d early
2022
on the day
2021
5 d early
2020
2 d early
2018
64 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.15M▲ 79.9%
2024 · €636k
2021: €495k
2022: €645k
2023: €670k
2024: €636k
2021 → 2025
Total assets
€3.51M▲ 14.2%
2024 · €3.08M
2021: €1.76M
2022: €2.14M
2023: €2.84M
2024: €3.08M
2021 → 2025
Net result
€159k
2024 · €-33k
2021: €239k
2022: €350k
2023: €224k
2024: €-33k
2021 → 2025
Working capital
€405k▼ 39.0%
2024 · €663k
2021: €470k
2022: €688k
2023: €1.06M
2024: €663k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€495k-€645k▲ 30.3%€670k▲ 3.8%€636k▼ 5.0%€1.15M▲ 79.9%
Operating result€345k-€504k▲ 45.8%€338k▼ 32.8%€54k▼ 83.9%€288k▲ 430%
Net result€239k-€350k▲ 46.3%€224k▼ 35.9%€-33k€159k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 430% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.51M
Fixed assets
€887k ▲ 179%
Current assets
€2.63M ▼ 4.8%
Equity and liabilities €3.51M
Equity
€1.15M ▲ 79.9%
Debt
€2.37M ▼ 3.0%
Debt's share of the balance-sheet total falls from 79.3% to 67.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€334k▲
2024 · €63k
Cash flow
€204k▲
2024 · €-25k
Current ratio
1.18▼
2024 · 1.32
Quick ratio
1.03▼
2024 · 1.20
Debt to equity
2.07▼
2024 · 3.83
ROE
13.9%▲
2024 · -5.2%
ROA
4.5%▲
2024 · -1.1%
Interest coverage
5.47▲
2024 · 0.72
Debt ≤ 1 year
€2.22M▲
2024 · €2.10M
Debt > 1 year
€140k▼
2024 · €306k
Income taxes
€70k▲
2024 · €363
Staff costs
€296k▼
2024 · €621k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.08M€3.51M▲
Fixed assets21/28€318k€887k▲
Intangible fixed assets21€206k€168k▼
Tangible fixed assets22/27€7k€22k▲
Furniture and vehicles24€7k€22k▲
Financial fixed assets28€104k€697k▲
Current assets29/58€2.76M€2.63M▼
Stocks and contracts in progress3€246k€327k▲
Stocks30/36€246k€327k▲
Amounts receivable within one year40/41€1.98M€1.93M▼
Trade receivables40€1.37M€1.50M▲
Other amounts receivable41€613k€432k▼
Cash at bank and in hand54/58€510k€340k▼
Deferred charges and accrued income490/1€20k€24k▲
Equity and liabilities
Total equity and liabilities10/49€3.08M€3.51M▲
Equity10/15€636k€1.15M▲
Contributions10/11€12k€362k▲
Revaluation surpluses12€2k-
Reserves13-€2k
Distributable reserves133-€2k
Profit (loss) carried forward14€622k€781k▲
Amounts payable17/49€2.44M€2.37M▼
Amounts payable after more than one year17€306k€140k▼
Financial debts170/4€306k€140k▼
Amounts payable within one year42/48€2.10M€2.22M▲
Current portion of amounts payable after more than one year42€159k€158k▼
Financial debts43€395k€350k▼
Credit institutions430/8€395k€350k▼
Trade debts44€1.51M€1.43M▼
Suppliers440/4€1.51M€1.43M▼
Taxes, remuneration and social security45€36k€130k▲
Taxes450/3€542€94k▲
Remuneration and social security454/9€35k€36k▲
Other amounts payable47/48-€155k
Accrued charges and deferred income492/3€39k€7k▼
Income statement
Code20242025
Non-recurring operating income76A€1k€0▼
Remuneration, social security and pensions62€621k€296k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€45k▲
Other operating charges640/8€110k€56k▼
Gross operating margin9900€795k€686k▼
Operating profit (loss)9901€54k€288k▲
Financial income75/76B€128€1k▲
Recurring financial income75€128€1k▲
Financial charges65/66B€88k€61k▼
Recurring financial charges65€88k€61k▼
Profit (loss) for the period before taxes9903€-33k€229k▲
Income taxes67/77€363€70k▲
Profit (loss) for the period9904€-33k€159k▲
Profit (loss) for the period to be appropriated9905€-33k€159k▲
Appropriation of the result
Profit (loss) to be appropriated9906€622k€781k▲
Profit (loss) brought forward from the previous period14P€656k€622k▼
Social balance
Average headcount (FTE)90878.45.0▼
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 14 days late
2025
31-12
Financial
Back to profitnet €159k
Net result €159k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.15M ▲79.9%
Equity rises from €636k to €1.15M.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-33k ▼115%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Highest result since 2021net €350k ▲46.3%
Operating result €504k, net result €350k, both a record.
31-03
Financial
Equity above €500kEq €645k ▲30.3%
2 profitable years in a row build equity to €645k.
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2017
08-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
30-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zandhoven · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Driehoekstraat 1042240 ZandhovenGround area
7,018 m²
Building footprint
2,153 m²
Volume, LiDAR
422 m³
2 parcels, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RetailPlus
since 20142.240.331.202
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11333D0783/00M002 | Flanders | 6,368 m² | 1 · 2,054 m² | 0.6 m |
| 11054C0066/00B000 | Flanders | 651 m² | 1 · 99 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 6,338 EUR awarded · 6,338 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 176 EUR |
| 2023 | 1 | 6,176 EUR | 6,000 EUR |
| 2022 | 1 | 162 EUR | 162 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrecht2.240.331.202
Similar companies · same sector, comparable size
DENDAUW - JACOB
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PERNEEL
BE 0438.203.240
Staden · Eq €1,126,367
VAN DE ROSTIJNE AARDAPPELHANDEL
BE 0444.211.795
Assenede · Eq €1,124,597
FRESH FOOD D.F.
BE 0465.422.232
Roeselare · Eq €1,124,433
L.G.F.
BE 0480.036.370
Herk-de-Stad · Eq €1,176,665
Of 956 companies in sector 46319 we hold annual accounts for 609. 406 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-1997
Fiscal year end31-12
Activities, NACEBEL 2025
46319Wholesale of fruit and vegetables, excluding potatoes
73300Public relations and communication consultancy
46190Agents in non-specialised wholesale trade
46389Wholesale of other food products
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.