4SE
Active4SE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €160k and a net result of €-65k. Equity is shrinking by ~11.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 35% of 3101 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency12▼-12
Growth32=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.18 against 0.39 in 2024), and 81.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€65k
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
29 d late
2023
30 d late
2022
3 d early
2021
2 d early
2020
3 d early
2019
70 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€160k▼ 29.1%
2024 · €225k
2018: €600k
2019: €624k
2020: €715k
2021: €865k
2022: €1.08M
2023: €328k
2024: €225k
2018 → 2025
Total assets
€881k▼ 6.3%
2024 · €941k
2018: €978k
2019: €2.52M
2020: €2.52M
2021: €3.09M
2022: €2.91M
2023: €954k
2024: €941k
2018 → 2025
Net result
€-65k▲ 36.1%
2024 · €-103k
2018: €85k
2019: €24k
2020: €90k
2021: €150k
2022: €216k
2023: €-155k
2024: €-103k
2018 → 2025
Working capital
€-361k▼ 76.8%
2024 · €-204k
2018: €164k
2019: €-164k
2020: €-131k
2021: €-59k
2022: €-11k
2023: €-63k
2024: €-204k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€865k-€1.08M▲ 24.9%€328k▼ 69.7%€225k▼ 31.3%€160k▼ 29.1%
Operating result€161k-€253k▲ 56.8%€-141k€-88k▲ 37.2%€-48k▲ 45.1%
Net result€150k-€216k▲ 43.7%€-155k€-103k▲ 33.8%€-65k▲ 36.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €48k in 2025 against €88k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €881k
Fixed assets
€801k▼ 1.4%
Current assets
€80k▼ 37.5%
Equity and liabilities €881k
Equity
€160k▼ 29.1%
Debt
€722k▲ 0.9%
The debt ratio rises from 76.1% to 81.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-14k▲
2024 · €-56k
Cash flow
€-31k▲
2024 · €-71k
Solvency
18.1%▼
2024 · 23.9%
Current ratio
0.18▼
2024 · 0.39
Quick ratio
0.07▼
2024 · 0.20
Debt / equity
4.52▲
2024 · 3.18
ROE
-41.0%▲
2024 · -45.6%
ROA
-7.4%▲
2024 · -10.9%
Interest coverage
-0.84▲
2024 · -3.93
Debt
€722k▲
2024 · €715k
Debt ≤ 1 year
€441k▲
2024 · €332k
Debt > 1 year
€233k▼
2024 · €354k
Income taxes
€0▲
2024 · €-95
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€941k€881k▼
Fixed assets21/28€812k€801k▼
Tangible fixed assets22/27€811k€800k▼
Land and buildings22€652k€638k▼
Plant, machinery and equipment23€14k€29k▲
Furniture and vehicles24€8k€5k▼
Leasing and similar rights25€7k€4k▼
Other tangible fixed assets26€130k€124k▼
Financial fixed assets28€2k€2k=
Current assets29/58€128k€80k▼
Stocks and contracts in progress3€62k€49k▼
Stocks30/36€62k€49k▼
Amounts receivable within one year40/41€28k€2k▼
Trade receivables40€570€33▼
Other amounts receivable41€27k€2k▼
Cash at bank and in hand54/58€38k€27k▼
Deferred charges and accrued income490/1€497€2k▲
Equity and liabilities
Total equity and liabilities10/49€941k€881k▼
Equity10/15€225k€160k▼
Contributions10/11€223k€223k=
Reserves13€82k€82k=
Tax-exempt reserves132€38k€38k=
Distributable reserves133€45k€45k=
Profit (loss) carried forward14€-81k€-146k▼
Amounts payable17/49€715k€722k▲
Amounts payable after more than one year17€354k€233k▼
Financial debts170/4€354k€233k▼
Amounts payable within one year42/48€332k€441k▲
Current portion of amounts payable after more than one year42€20k€21k▲
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Advances received on contracts in progress46€20k€0▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€289k€413k▲
Accrued charges and deferred income492/3€29k€48k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€34k▲
Other operating charges640/8€4k€3k▼
Non-recurring operating charges66A-€10k
Gross operating margin9900€-53k€-2k▲
Operating profit (loss)9901€-88k€-48k▲
Financial income75/76B€19€0▼
Recurring financial income75€19€0▼
Financial charges65/66B€14k€17k▲
Recurring financial charges65€14k€17k▲
Profit (loss) for the period before taxes9903€-103k€-65k▲
Income taxes67/77€-95€0▲
Profit (loss) for the period9904€-103k€-65k▲
Profit (loss) for the period to be appropriated9905€-103k€-65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-103k€-146k▼
Profit (loss) brought forward from the previous period14P-€-81k
Transfer from equity791/2€22k€0▼
The notes to these accounts (8 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-155k ▼172%
Net result drops to €-155k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €216k ▲43.7%
Operating result €253k, net result €216k, both a record.
31-12
Financial
Equity above €1MEq €1.08M ▲24.9%
5 profitable years in a row build equity to €1.08M.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Pajottegem · 1 establishment unit since 2008
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.
Bontestraat 251755 PajottegemGround area
3,074 m²
Building footprint
476 m²
Volume, LiDAR
900 m³
Parcel 23058C0558/00C000, Flanders · tallest building 7.1 m. Linked by address, not a title deed.
1 establishment unit
4SE
since 20082.171.287.095
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23058C0558/00C000 | Flanders | 3,074 m² | 1 · 476 m² | 7.1 m |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 3,875 EUR awarded · 3,875 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,765 EUR | 1,765 EUR |
| 2024 | 1 | 1,495 EUR | 1,495 EUR |
| 2023 | 1 | 615 EUR | 615 EUR |
Schemes
Subsidie in het kader van land- en tuinbouwbeleid
Niet-productieve investeringssteun land- en tuinbouwers
Recognitions · licences · registrations
Food safety, FASFC
1 sitePajottegem2.171.287.095
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Of 5,162 companies in sector 01110 we hold annual accounts for 611. 481 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2008
Fiscal year end31-12
Activities, NACEBEL
01110Growing of cereals (except rice), leguminous crops and oil seeds
01130Growing of vegetables, melons, roots and tubers
01280Crop and animal production, hunting and related service activities
01500Mixed farming
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.