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4SPROJECT

Active Private limited companyfounded 2017active for 9 yearsVictor Allardstraat 88, 1180 UccleKBO/BCE: BE 0682.709.556
4SPROJECT
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 29-10-2026, 90 days late
€25,803
▲ 27.7%
€13,027
▲ 251%
€8,237
▲ 12×
-€4,773
▲ €10,529
2.8%
▲ 13.6 percentage points
0.95
▲ 0.21

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €69,000. Estimated: probably between €48,000 and €91,000.

Balance sheet

balance sheet total €89,667 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

2.8%

Higher than 15% of 2,094 companies in 2025.

0.95

Higher than 28% of 2,010 companies in 2025.

9.2%

Higher than 65% of 2,053 companies in 2025.

4SPROJECT Middle half of the sector 80% of the sector Abbreviated accounts in advertising and market research (NACE 73)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half · Staff: middle half

Staff

€14,677

Staff costs divided by the average number of full-time equivalents.

+1 person

people who joined people who left

In 2025, 1 person joined and nobody left. Training hours in 2025: 882.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202020192018
Balance sheet: assets
20/58 89,66753,06937,3159,7104,6256,68317,481
21/28 7,2479,53912,2452,6769601,8371,300
22/27 4,5176,8099,5152,6769601,8371,300
24 4,5176,8099,5152,6769601,8371,300
28 2,7302,7302,730----
29/58 82,42043,53025,0717,0333,6654,84616,181
40/41 48,11436,50520,1266,781300675436
40 48,10636,43420,1266,781300675436
41 871-----
54/58 34,3075,5984,350671,4132,5771,396
490/1 -1,4285941861,9511,59314,348
Balance sheet: equity and liabilities
10/49 89,66753,06937,3159,7104,6256,68317,481
10/15 2,474-5,763-6,449-7,156-31,064-22,835-928
10/11 13,25013,25013,25013,2501,000--
100 ----1,000--
11 13,25013,25013,25013,250---
1100/10 12,25012,25012,25012,250---
1109/19 1,0001,0001,0001,000---
14 -10,776-19,013-19,699-20,406-32,064-22,835-928
17/49 87,19458,83343,76416,86635,68829,51818,409
42/48 87,19458,83343,76416,86635,68829,51818,409
44 37,5768,4462,5095,2451,137669117
440/4 37,5768,4462,5095,2451,137669117
45 33,70131,5186,8891,610494798535
450/3 22,53919,5184,5301,610494798535
454/9 11,16212,0002,359----
47/48 15,91618,86934,36710,01034,05828,05117,757
Income statement
9900 25,80320,20613,88320,305-5,990-17,8413,052
62 8,8067,87010,081----
630 2,8923,7762,0531,3288771,063928
631/4 -1,385-----
640/8 1,0793,4588876331,7502,2862,402
9901 13,0273,71686218,343-8,618-21,190-278
75/76B 355-193---
75 355-193---
65/66B 98459015679302453116
65 98459015679302453116
9903 12,3973,12670718,357-8,919-21,644-394
67/77 4,1602,441-255309263535
9904 8,23768670718,101-9,229-21,907-928
9905 8,23768670718,101-9,229-21,907-928
Appropriation of the result
9906 -10,776-19,013-19,699-20,406-32,064-22,835-928
14P -19,013-19,699-20,406-38,508---
Social balance sheet
9087 0.60.80.9----
Hours worked1013 8821,0791,284----
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 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.

Source: Annual accounts 2025 at the NBB, filed on 29-10-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 90 days after the deadline. Filed on 29 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00597498.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 29-10-2026 2026-00597498 PDF
31-12-2024 micro format 22-12-2025 2025-00590652 PDF
31-12-2023 micro format 08-10-2024 2024-00503345 PDF
31-12-2022 micro format 18-08-2023 2023-00337293 PDF
31-12-2020 micro format 27-08-2021 2021-55500166 PDF
31-12-2019 micro format 09-11-2020 2020-69800452 PDF
31-12-2018 micro format 22-08-2019 2019-49900065 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202020192018
15,9197,4932,91519,672-7,740-20,128651
11,1294,4622,76019,430-8,351-20,8440
6001,07111,6223,36501,6002,228
28,7091,2484,283--1,1641,181-
-4,773-15,302-18,694-9,832-32,024-24,672-2,228
2.8%-10.9%-17.3%-73.7%--341.7%-5.3%
0.950.740.570.42-0.160.88
35.25------
333.0%------
9.2%1.3%1.9%186.4%--327.8%-5.3%
16.1812.7018.68over 100---

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-2023
Employees at the balance-sheet date1-1
full-time1-1
in full-time equivalents1-1
0.60.80.9
Joined101
Left010
Training hours8821,079-

Source: social balance sheet in the 2023 to 2025 annual accounts

Investments

fixed assets acquired
Item2025202420232022
Tangible fixed assets€600€1,071€8,892€3,365
Financial fixed assets--€2,730-
€2,892€3,776€2,053€1,328

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on 4SPROJECT

The operating result for 2025 is 3.5 times that of 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total is 97.2%.

Next steps

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