4S
Active4S has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €297k and a net result of €80k. Equity is growing by ~55.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 7955 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 38.23 against 16.97 in 2024; short-term debt: 2.6% and cash: 87.9% of total assets), and 2.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
97.4%
Return on assets
26.2%
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
17 d early
2024
12 d late
2023
27 d late
2022
31 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€80k▼ 20.1%
2024 · €100k
2022: €18k
2023: €93k
2024: €100k
2022 → 2025
Working capital
€293k▲ 35.6%
2024 · €216k
2022: €24k
2023: €117k
2024: €216k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€24k-€117k▲ 390%€217k▲ 85.4%€297k▲ 36.8%
Operating result€23k-€120k▲ 433%€128k▲ 6.5%€101k▼ 21.1%
Net result€18k-€93k▲ 421%€100k▲ 7.3%€80k▼ 20.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €305k
Fixed assets
€4k▲ 269%
Current assets
€301k▲ 31.0%
Equity and liabilities €305k
Equity
€297k▲ 36.8%
Debt
€8k▼ 41.8%
The debt ratio falls from 5.9% to 2.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€102k▼
2024 · €128k
Cash flow
€81k▼
2024 · €100k
Solvency
97.4%▲
2024 · 94.1%
Current ratio
38.23▲
2024 · 16.97
Quick ratio
38.23▲
2024 · 16.97
Debt / equity
0.03▼
2024 · 0.06
ROE
26.9%▼
2024 · 46.1%
ROA
26.2%▼
2024 · 43.4%
Interest coverage
195.10▲
2024 · 176.28
Debt
€8k▼
2024 · €14k
Debt ≤ 1 year
€8k▼
2024 · €14k
Income taxes
€21k▼
2024 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€231k€305k▲
Fixed assets21/28€1k€4k▲
Tangible fixed assets22/27€1k€4k▲
Plant, machinery and equipment23€1k€4k▲
Current assets29/58€230k€301k▲
Amounts receivable within one year40/41€6k€33k▲
Trade receivables40€3k€14k▲
Other amounts receivable41€3k€19k▲
Cash at bank and in hand54/58€224k€269k▲
Deferred charges and accrued income490/1-€100
Equity and liabilities
Total equity and liabilities10/49€231k€305k▲
Equity10/15€217k€297k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€211k€291k▲
Amounts payable17/49€14k€8k▼
Amounts payable within one year42/48€14k€8k▼
Trade debts44€9k€8k▼
Suppliers440/4€9k€8k▼
Taxes, remuneration and social security45€4k-
Taxes450/3€4k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11€864▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€130k€104k▼
Operating profit (loss)9901€128k€101k▼
Financial income75/76B€5€151▲
Recurring financial income75€5€151▲
Financial charges65/66B€727€523▼
Recurring financial charges65€727€523▼
Profit (loss) for the period before taxes9903€127k€101k▼
Income taxes67/77€27k€21k▼
Profit (loss) for the period9904€100k€80k▼
Profit (loss) for the period to be appropriated9905€100k€80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€211k€291k▲
Profit (loss) brought forward from the previous period14P€111k€211k▲
The notes to these accounts (5 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity doublescurrent ratio 38.23
Current ratio from 16.97 to 38.23; short-term debt falls from €14k to €8k.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 12 days late
2024
31-12
Financial
Highest result since 2022net €100k ▲7.3%
Operating result €128k, net result €100k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 16.97
Current ratio from 6.25 to 16.97; short-term debt falls from €22k to €14k.
31-12
Financial
Equity above €200kEq €217k ▲85.4%
3 profitable years in a row build equity to €217k.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
31-12
Financial
Equity above €100kEq €117k ▲390%
2 profitable years in a row build equity to €117k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Mouscron
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.
Kanadezenlaan(D) 32D7711 MouscronGround area
417 m²
Building footprint
69 m²
Volume, LiDAR
704 m³
Parcel 54003T0513/00_000, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54003T0513/00_000 | Wallonia | 417 m² | 1 · 69 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LMT
BE 0533.887.010
Kortrijk · Eq €299k
CTL Lab Belgium
BE 0666.691.490
Elsene · Eq €300k
DGPharma
BE 0508.925.544
Gent · Eq €301k
MD MEDIC
BE 0674.465.546
Gent · Eq €293k
ADEPHAR
BE 0677.672.979
Anzegem · Eq €302k
Of 1,897 companies in sector 46460 we hold annual accounts for 1,116. 729 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2022
Fiscal year end31-12
Activities, NACEBEL
46460Wholesale of pharmaceutical and medical goods
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.