4SD
ActiveFrom the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of 4SD is 2.5% (moderate). The 2025 annual accounts show equity of €28,623 and a net result of -€3,176. Equity is growing by about 3.2% per year across the filed financial years. Its solvency ranks better than 32% of 1,682 sector peers (NACE 33, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 25-10-2016 Normal situation
- Legal form
- Private limited company
- Registered office
- Moerkantsebaan 339a, 2910 Essen
- Activity
- Repair and maintenance of machinery NACE 33120and 3 others
- Establishment unit
- 2.261.006.949 2910 Essen, since 25-10-2016
- Financial year end
- 30 June
- Peppol
- Reachable since 23-01-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- 2.5%
- Turnover
- €39,844
- ▼ 25.0%
- Loss
- €3,176
- Equity
- €28,623
- ▼ 10.0%
- Total assets
- €97,461
- ▲ 0.2%
Why 50raises riskLast filed accounts filed 104 days late; 3 of the last 3 lateLiquidity: current ratio 1.42, cash €3,552Size: turnover €39,844, total assets €97,461Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro): better than 32% on solvency, 9% on liquidity, 11% on profitability and 20% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 70 days after the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
2025 annual accounts filed late (103 days) Filed on 14 May 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00114388.
Annual accounts 2025
- Financial year ended
- 30-06-2025
- Filed on
- 14-05-2026
- Format
- micro format
- Reference
- 2026-00114388
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €3,134 after €202 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 2,166 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 94.2% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,166 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €389,131 | €608,063 | €716,281 | €123,826 | €191,748 | €53,142 | €39,844 | ▼ 25.0% |
| Non-recurring operating income76A | - | - | - | €13,209 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €126,040 | €180,609 | €42,330 | €42,186 | ▼ 0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,672 | €15,228 | €15,961 | €15,066 | €12,941 | €9,833 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €736 | €785 | €778 | €791 | ▲ 1.8% |
| Gross operating margin9900 | €7,325 | €16,629 | €46,121 | €10,996 | €11,139 | €10,812 | -€2,342 | - |
| Operating profit (loss)9901 | €2,797 | €1,048 | €29,252 | -€4,806 | -€2,586 | €202 | -€3,134 | - |
| Financial charges65/66B | - | - | - | €93 | €87 | €56 | €42 | ▼ 24.9% |
| Recurring financial charges65 | €206 | €36 | €2,364 | €93 | €87 | €56 | €42 | ▼ 24.9% |
| Profit (loss) for the period before taxes9903 | €2,591 | €1,012 | €26,888 | -€4,900 | -€2,673 | €146 | -€3,176 | - |
| Income taxes67/77 | - | - | €4,936 | €0 | €0 | - | - | - |
| Profit (loss) for the period9904 | €2,591 | €1,012 | €21,952 | -€4,900 | -€2,673 | €146 | -€3,176 | - |
| Profit (loss) for the period to be appropriated9905 | €2,591 | €1,012 | €21,952 | -€4,900 | -€2,673 | €146 | -€3,176 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €60,959 | €402,844 | €351,694 | €198,814 | €123,087 | €97,262 | €97,461 | ▲ 0.2% |
| Fixed assets21/28 | €13,040 | €50,338 | €36,576 | €20,615 | €7,674 | €0 | - | - |
| Tangible fixed assets22/27 | €13,040 | €50,338 | €36,576 | €20,615 | €7,674 | €0 | €0 | - |
| Plant, machinery and equipment23 | - | - | - | €19,882 | €7,674 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €733 | - | - | - | - |
| Current assets29/58 | €47,920 | €352,507 | €315,118 | €178,199 | €115,413 | €97,262 | €97,461 | ▲ 0.2% |
| Stocks and contracts in progress3 | €25,800 | €22,700 | €1,000 | €27,100 | €18,400 | €12,500 | €12,500 | = |
| Stocks30/36 | - | - | - | €27,100 | €18,400 | €12,500 | €12,500 | = |
| Amounts receivable within one year40/41 | €8,801 | €276,126 | €313,906 | €150,471 | €92,272 | €82,347 | €81,409 | ▼ 1.1% |
| Trade receivables40 | - | - | - | €150,471 | €92,272 | €82,347 | €81,409 | ▼ 1.1% |
| Cash at bank and in hand54/58 | €13,319 | €53,681 | €212 | €627 | €4,741 | €2,415 | €3,552 | ▲ 47.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €60,959 | €402,844 | €351,694 | €198,814 | €123,087 | €97,262 | €97,461 | ▲ 0.2% |
| Equity10/15 | €16,262 | €17,274 | €39,226 | €34,326 | €31,653 | €31,798 | €28,623 | ▼ 10.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€2,338 | -€1,326 | €20,626 | €15,726 | €13,053 | €13,198 | €10,023 | ▼ 24.1% |
| Amounts payable17/49 | €44,697 | €385,571 | €312,468 | €164,488 | €91,434 | €65,464 | €68,838 | ▲ 5.2% |
| Amounts payable within one year42/48 | €44,697 | €385,571 | €312,468 | €164,488 | €91,434 | €65,464 | €68,838 | ▲ 5.2% |
| Trade debts44 | €16,206 | - | €203,039 | €93,188 | €18,623 | €5,764 | €8,137 | ▲ 41.2% |
| Suppliers440/4 | - | - | - | €93,188 | €18,623 | €5,764 | €8,137 | ▲ 41.2% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €1 | - |
| Taxes450/3 | - | - | - | - | - | - | €1 | - |
| Other amounts payable47/48 | - | - | - | €71,299 | €72,812 | €59,700 | €60,700 | ▲ 1.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,591 | €1,012 | €21,952 | -€4,900 | -€2,673 | €146 | -€3,176 | - |
| + Depreciation and write-downs630 | €3,672 | €15,228 | €15,961 | €15,066 | €12,941 | €9,833 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €6,263 | €16,239 | €37,913 | €10,166 | €10,268 | €9,978 | -€3,176 | - |
| Investment in fixed assets (approximation) | - | -€52,526 | -€2,200 | €895 | €0 | -€2,159 | - | - |
| Change in cash | - | €40,362 | -€53,469 | €416 | €4,113 | -€2,326 | €1,137 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 14-05-2026 | 2026-00114388 | |
| 30-06-2024 | micro format | 30-06-2025 | 2025-00199197 | |
| 30-06-2023 | micro format | 30-06-2024 | 2024-00214606 | |
| 30-06-2022 | micro format | 28-02-2023 | 2023-00034725 | |
| 30-06-2021 | micro format | 28-02-2022 | 2022-06800294 | |
| 30-06-2020 | micro format | 28-02-2021 | 2021-06300515 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03200141 | |
| 30-06-2018 | micro format | 31-01-2019 | 2019-03100241 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Sanders,Anouk Karel Martina |
|
| Somers,Wim Maria Jos |
|
How the board is organised
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Articles of association, deed of 17-04-2023
Owners and capital
Capital and shareholders
- 17-04-2023 Converted to unavailable equity
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Aanwending jaarlijkse nettowinst, algemene vergadering”Liquidation distribution: “Vereffeningssaldo, netto actief naar verhouding aantal aandelen”2 more provisions in the deed, see the deed of 17-04-2023
Articles of association, deed of 17-04-2023 (in Dutch)
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
17-04
Gazette deed
Reappointments: Somers,Wim Maria Jos (director) and Sanders,Anouk Karel Martina (director)Amendment of the articles · Capital conversion · Reserve release8 facts ▸
- General meeting, 05-04-2023
- Amendment of the articles
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden statutenwijziging, statutair onbeschikbare eigen vermogensrekening per artikel 39,§2” (deed in Dutch)
- Registered office clause, “4SD” (deed in Dutch)
- Share issue, 1200, “vergoeding voor inbrengen” (deed in Dutch)
- Director reappointment, Somers,Wim Maria Jos (director)
- Director reappointment, Sanders,Anouk Karel Martina (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0664.974.986
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday of November at 20:00
Articles of association, deed of 17-04-2023 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11643A0312/00V000 | Flanders | 230 m² | 1 · 137 m² | 9.3 m · 2 |
| 11643A0312/00W000 | Flanders | 166 m² | 1 · 166 m² | 10.1 m · 2 |