4T4
ActiveSummary
4T4 has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-10k) and a net result of €22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 9040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability50▼-31
Solvency22▲+5
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.87 against 0.79 in 2023; short-term debt: 99.8% and cash: 4.9% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-2.5%
Return on assets
5.6%
Age of the figures
21 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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 9040 sector peers (2024).
NBB · sector comparisonPosition among 9040 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
37 d early
2022
3 d early
2021
33 d early
2020
30 d early
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-10k▲ 69.1%
2023 · €-32k
2018: €75k
2019: €75k● +0.0% vs 2018highest in 7 years
2020: €48k▼ -35.2% vs 2019
2021: €-25k▼ -152% vs 2020
2022: €-70k▼ -174% vs 2021lowest in 7 years
2023: €-32k▲ +54.1% vs 2022
2024: €-10k▲ +69.1% vs 2023
2018 → 2024
Total assets
€395k▼ 0.4%
2023 · €396k
2018: €227k
2019: €188k▼ -17.2% vs 2018lowest in 7 years
2020: €208k▲ +10.2% vs 2019
2021: €283k▲ +36.1% vs 2020
2022: €281k▼ -0.5% vs 2021
2023: €396k▲ +41.0% vs 2022highest in 7 years
2024: €395k▼ -0.4% vs 2023
2018 → 2024
Net result
€22k▼ 41.5%
2023 · €38k
2018: €23k
2019: €3k▼ -89.2% vs 2018
2020: €-26k▼ -1146% vs 2019
2021: €-74k▼ -181% vs 2020lowest in 7 years
2022: €-44k▲ +40.1% vs 2021
2023: €38k▲ +185% vs 2022highest in 7 years
2024: €22k▼ -41.5% vs 2023
2018 → 2024
Working capital
€-53k▲ 38.3%
2023 · €-85k
2018: €71k
2019: €71k● +0.0% vs 2018highest in 7 years
2020: €38k▼ -46.0% vs 2019
2021: €-44k▼ -216% vs 2020
2022: €-119k▼ -171% vs 2021lowest in 7 years
2023: €-85k▲ +28.4% vs 2022
2024: €-53k▲ +38.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€48k-€-25k€-70k▼ 174%€-32k▲ 54.1%€-10k▲ 69.1%
2020: €48khighest in 5 years
2021: €-25k▼ -152% vs 2020
2022: €-70k▼ -174% vs 2021lowest in 5 years
2023: €-32k▲ +54.1% vs 2022
2024: €-10k▲ +69.1% vs 2023
Operating result€-22k-€-73k▼ 227%€-41k▲ 44.4%€46k€40k▼ 12.2%
2020: €-22k
2021: €-73k▼ -227% vs 2020lowest in 5 years
2022: €-41k▲ +44.4% vs 2021
2023: €46k▲ +213% vs 2022highest in 5 years
2024: €40k▼ -12.2% vs 2023
Net result€-26k-€-74k▼ 181%€-44k▲ 40.1%€38k€22k▼ 41.5%
2020: €-26k
2021: €-74k▼ -181% vs 2020lowest in 5 years
2022: €-44k▲ +40.1% vs 2021
2023: €38k▲ +185% vs 2022highest in 5 years
2024: €22k▼ -41.5% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €395k
Fixed assets
€54k ▼ 23.6%
Current assets
€341k ▲ 4.6%
Key figures and ratios
EBITDA
€57k▼
2023 · €62k
Cash flow
€39k▼
2023 · €53k
Solvency
-2.5%▲
2023 · -8.0%
Current ratio
0.87▲
2023 · 0.79
Quick ratio
0.52▼
2023 · 0.57
Debt to equity
-40.99▼
2023 · -13.42
ROA
5.6%▼
2023 · 9.5%
Interest coverage
2.95▼
2023 · 6.88
Debt
€405k▼
2023 · €428k
Debt ≤ 1 year
€394k▼
2023 · €412k
Debt > 1 year
€11k▼
2023 · €17k
Staff costs
€47k▼
2023 · €52k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€396k€395k▼
Fixed assets21/28€70k€54k▼
Tangible fixed assets22/27€70k€54k▼
Land and buildings22€31k€27k▼
Plant, machinery and equipment23€15k€9k▼
Furniture and vehicles24€24k€17k▼
Current assets29/58€326k€341k▲
Stocks and contracts in progress3€92k€135k▲
Stocks30/36€92k€135k▲
Amounts receivable within one year40/41€187k€183k▼
Trade receivables40€185k€178k▼
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€44k€19k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€396k€395k▼
Equity10/15€-32k€-10k▲
Contributions10/11€19k€19k=
Reserves13€56k€56k=
Distributable reserves133€56k€56k=
Profit (loss) carried forward14€-107k€-85k▲
Amounts payable17/49€428k€405k▼
Amounts payable after more than one year17€17k€11k▼
Financial debts170/4€17k€11k▼
Amounts payable within one year42/48€412k€394k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43€200k€100k▼
Credit institutions430/8€200k€100k▼
Trade debts44€83k€86k▲
Suppliers440/4€83k€86k▲
Taxes, remuneration and social security45€22k€20k▼
Taxes450/3€15k€13k▼
Remuneration and social security454/9€7k€7k▲
Other amounts payable47/48€101k€182k▲
Income statement
Code20232024
Remuneration, social security and pensions62€52k€47k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-4k-
Other operating charges640/8€5k€1k▼
Gross operating margin9900€115k€105k▼
Operating profit (loss)9901€46k€40k▼
Financial income75/76B€752€1k▲
Recurring financial income75€752€1k▲
Financial charges65/66B€9k€19k▲
Recurring financial charges65€9k€19k▲
Profit (loss) for the period before taxes9903€38k€22k▼
Profit (loss) for the period9904€38k€22k▼
Profit (loss) for the period to be appropriated9905€38k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-107k€-85k▲
Profit (loss) brought forward from the previous period14P€-144k€-107k▲
Social balance
Average headcount (FTE)90870.80.8=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €15k | €52k | €47k | ▼ 9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €3k | €8k | €16k | €17k | ▲ 5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €4k | €-4k | - | - |
| Other operating charges640/8 | - | €2k | €950 | €5k | €1k | ▼ 77.7% |
| Gross operating margin9900 | €-20k | €-67k | €-13k | €115k | €105k | ▼ 8.5% |
| Operating profit (loss)9901 | €-22k | €-73k | €-41k | €46k | €40k | ▼ 12.2% |
| Financial income75/76B | - | €3k | €4k | €752 | €1k | ▲ 43.4% |
| Recurring financial income75 | €2k | €3k | €4k | €752 | €1k | ▲ 43.4% |
| Financial charges65/66B | - | €3k | €7k | €9k | €19k | ▲ 116% |
| Recurring financial charges65 | €6k | €3k | €7k | €9k | €19k | ▲ 116% |
| Profit (loss) for the period before taxes9903 | €-26k | €-74k | €-44k | €38k | €22k | ▼ 41.5% |
| Income taxes67/77 | - | - | €665 | - | - | - |
| Profit (loss) for the period9904 | €-26k | €-74k | €-44k | €38k | €22k | ▼ 41.5% |
| Profit (loss) for the period to be appropriated9905 | €-26k | €-74k | €-44k | €38k | €22k | ▼ 41.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €208k | €283k | €281k | €396k | €395k | ▼ 0.4% |
| Fixed assets21/28 | €10k | €19k | €72k | €70k | €54k | ▼ 23.6% |
| Tangible fixed assets22/27 | €6k | €15k | €72k | €70k | €54k | ▼ 23.6% |
| Land and buildings22 | - | - | €25k | €31k | €27k | ▼ 12.3% |
| Plant, machinery and equipment23 | - | €12k | €17k | €15k | €9k | ▼ 38.4% |
| Furniture and vehicles24 | - | €2k | €30k | €24k | €17k | ▼ 29.2% |
| Financial fixed assets28 | €4k | €4k | - | - | - | - |
| Current assets29/58 | €197k | €264k | €209k | €326k | €341k | ▲ 4.6% |
| Stocks and contracts in progress3 | €20k | €51k | €56k | €92k | €135k | ▲ 47.1% |
| Stocks30/36 | - | €51k | €56k | €92k | €135k | ▲ 47.1% |
| Amounts receivable within one year40/41 | €141k | €146k | €95k | €187k | €183k | ▼ 2.1% |
| Trade receivables40 | - | €146k | €93k | €185k | €178k | ▼ 3.5% |
| Other amounts receivable41 | - | €114 | €1k | €3k | €5k | ▲ 89.7% |
| Cash at bank and in hand54/58 | €17k | €32k | €55k | €44k | €19k | ▼ 56.8% |
| Deferred charges and accrued income490/1 | - | €35k | €3k | €3k | €3k | ▲ 31.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €208k | €283k | €281k | €396k | €395k | ▼ 0.4% |
| Equity10/15 | €48k | €-25k | €-70k | €-32k | €-10k | ▲ 69.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €56k | €56k | €56k | €56k | €56k | = |
| Distributable reserves133 | - | €56k | €56k | €56k | €56k | = |
| Profit (loss) carried forward14 | €-26k | €-100k | €-144k | €-107k | €-85k | ▲ 20.7% |
| Amounts payable17/49 | €159k | €308k | €351k | €428k | €405k | ▼ 5.5% |
| Amounts payable after more than one year17 | - | - | €23k | €17k | €11k | ▼ 35.5% |
| Financial debts170/4 | - | - | €23k | €17k | €11k | ▼ 35.5% |
| Amounts payable within one year42/48 | €159k | €308k | €328k | €412k | €394k | ▼ 4.3% |
| Current portion of amounts payable after more than one year42 | - | - | €6k | €6k | €6k | ▲ 2.8% |
| Financial debts43 | - | €150k | €200k | €200k | €100k | ▼ 50.0% |
| Credit institutions430/8 | - | €150k | €200k | €200k | €100k | ▼ 50.0% |
| Trade debts44 | €84k | €134k | €119k | €83k | €86k | ▲ 3.8% |
| Suppliers440/4 | - | €134k | €119k | €83k | €86k | ▲ 3.8% |
| Advances received on contracts in progress46 | - | €19k | €2k | - | - | - |
| Taxes, remuneration and social security45 | - | €5k | €1k | €22k | €20k | ▼ 8.8% |
| Taxes450/3 | - | €5k | €1k | €15k | €13k | ▼ 13.0% |
| Remuneration and social security454/9 | - | - | €397 | €7k | €7k | ▲ 0.9% |
| Other amounts payable47/48 | - | - | - | €101k | €182k | ▲ 80.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-26k | €-74k | €-44k | €38k | €22k | ▼ 41.5% |
| + Depreciation and write-downs630 | €1k | €3k | €8k | €16k | €17k | ▲ 5.8% |
| Operating cash flow (approximation) | €-25k | €-70k | €-37k | €53k | €39k | ▼ 27.6% |
| Investment in fixed assets (approximation) | - | €-12k | €-61k | €-14k | €0 | ▲ 100% |
| Change in cash | - | €14k | €23k | €-10k | €-25k | ▼ 145% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €38k
Net result €38k after 3 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-74k
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Gistel · 1 establishment unit since 2006
Ground area
9,142 m²
Parcel 35027B0119/00R004, Flanders. Linked by address, not a title deed.
1 establishment unit
4T4
since 20062.207.886.977
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35027B0119/00R004 | Flanders | 9,142 m² | - | - |
Linked by address, not proof of ownership
Good to know
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
CR OUTDOOR INTL
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PANTAN
BE 0806.147.204
Vorst · Eq €48,064
LES 3 CRO
BE 0829.258.146
Estaimpuis · Eq €47,153
MODA E MODI
BE 0883.233.302
Antwerpen · Eq €47,046
DARS
BE 0810.197.745
Brasschaat · Eq €50,254
Of 1,276 companies in sector 46160 we hold annual accounts for 686. 519 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-01-2006
Fiscal year end31-12
Activities, NACEBEL 2025
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
Scores and ratios are computed by Checked and are not a credit decision.