4th Avenue
A bankruptcy procedure is open for 4th Avenue according to publications in the Belgian State Gazette. The file additionally contains 3 judicial reorganisations. The 2023 annual accounts show equity of €6k and a net result of €-9k.
| Equity | €6k |
| Net result | €-9k |
| Staff (FTE) | 6.2 |
| Better than sector | 15% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 1.2% | 45.8% | |
| Net result | €-9k | €10k | |
| Equity | €6k | €26k | |
| Gross operating margin | €261k | €26k | |
| Staff costs | €233k | €25k |
Show 11 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €25k |
| Net profit | €-9k |
| Cash flow | €12k |
| Staff costs | €233k |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €465k |
| Equity | €6k |
| Debt | €459k |
| of which ≤ 1y | €349k |
| of which > 1y | €110k |
| Working capital | €75k |
| Employees (FTE) | 6.2 |
| 2023 | |
|---|---|
| Current ratio | 1.22 |
| Quick ratio | 0.99 |
| Working capital ratio | 16.2% |
| Solvency | 1.2% |
| Debt / equity | 80.10 |
| Long-term debt ratio | 19.26 |
| Interest coverage | 1.95 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.0% |
| ROE | -161.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €465k |
| Fixed assets | 21/28 | €41k |
| Tangible fixed assets | 22/27 | €40k |
| Financial fixed assets | 28 | €776 |
| Current assets | 29/58 | €424k |
| Stocks & contracts in progress | 3 | €80k |
| Amounts receivable within one year | 40/41 | €304k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €465k |
| Equity | 10/15 | €6k |
| Contributions / capital | 10/11 | €39k |
| Reserves | 13 | €620 |
| Accumulated profits (losses) | 14 | €-33k |
| Amounts payable | 17/49 | €459k |
| Amounts payable after one year | 17 | €110k |
| Amounts payable within one year | 42/48 | €349k |
| Trade debts payable within one year | 44 | €37k |
| Income statement | ||
| Gross operating margin | 9900 | €261k |
| Operating result | 9901 | €3k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €-8k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €-9k |
| Result to be appropriated | 9905 | €-9k |
-
srl M&S ConsultingLegal entityDirector· perm. rep.: Rasquin HélèneState Gazette act 23149351 (23-11-2023)Current27-10-2023 → present
2 events
- 27-10-2023 Appointed· Director
- 27-10-2023 Appointed· Managing director
Former directors (1)
-
Bruyr MarieDirectorState Gazette act 23149351 (23-11-2023)Former- → 27-10-2023
2 events
- 27-10-2023 Resigned· Director
- 27-10-2023 Resigned· Managing director
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | TONY BELLAVIA AVENUE DES EXPOSITIONS, 8A,
7000 MONS- .
Date provisoire de cessation de paiement : 29/06/2026 |
29-06-2026 → present | Belgian State Gazette |
| NACE primary | Grafisch ontwerp en visuele communicatie(74120) |
| Legal form | Coöperatieve vennootschap met beperkte aansprakelijkheid(008) |
| Incorporation | 25-09-1987 |
| Status | Active |
| Postal code | 7000 |
| First BS signal | 05-06-2025 |
| Latest BS signal | 06-07-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53053D0218/00D067 | Wallonia | 6,121 m² | 1 · 83 m² | 24.6 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 3 further earlier events in this file, covering 26-05-2025 to 29-06-2026.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-11-2023 2 directors appointed, 2 resigning
- Rasquin Hélène, Bestuurder
- Rasquin Hélène, Gedelegeerd bestuurder
- Bruyr Marie, Bestuurder
- Bruyr Marie, Gedelegeerd bestuurder
Technical details
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}| Legal nameFR | 4th Avenue |