4V Construct
Open bankruptcyA bankruptcy procedure is open for 4V Construct according to publications in the Belgian State Gazette; curator: NICOLAS VAN DER BORGHT.
Summary
The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €53,352 and a net result of €11,579.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 29 September 2025
- Supervising judge
- Francis Vanbever
- Official Gazette
- 06-10-2025 (pdf) ↗search the document for 2025/139938
Curator
- Nicolas Van der BorghtAvenue De Fre 229, 1180 Fr Bruxelles 18nvdb@kairos.law
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 25-08-2023, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
25 d late
2020
109 d late
2019
94 d late
2018
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 64 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox or domiciliation address?Address check Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€53,352▲ 102%
2020 · €26,397
Total assets
€150,708▼ 26.4%
2020 · €204,658
Net result
€11,579▲ 248%
2020 · €3,323
Working capital
€40,341▲ 62.1%
2020 · €24,882
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202022
Operating result€17,245-€2,153▼ 87.5%€4,483▲ 108%€12,213-
Net result€16,854--€5,778€3,323€11,579-
Equity€28,903-€23,124▼ 20.0%€26,397▲ 14.2%€53,352-
Total assets€80,674-€97,193▲ 20.5%€204,658▲ 111%€150,708-
Debt€51,771-€74,068▲ 43.1%€178,261▲ 141%€97,356-
Working capital€21,769-€14,852▼ 31.8%€24,882▲ 67.5%€40,341-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €12,213 in 2022, compared with €4,483 in 2020. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2022 in colour, 2020 as the grey bar beneath
Assets €150,708
Fixed assets
€13,011 ▼ 51.0%
Current assets
€137,697 ▼ 22.7%
Equity and liabilities €150,708
Equity
€53,352 ▲ 102%
Debt
€97,356 ▼ 45.4%
Debt's share of the balance-sheet total falls from 87.1% to 64.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€19,594▲
2020 · €12,630
Cash flow
€18,960▲
2020 · €11,469
Current ratio
1.41▲
2020 · 1.16
Debt to equity
1.82▲
2020 · 0.78
ROE
21.7%▲
2020 · 12.6%
ROA
7.7%▲
2020 · 1.6%
Interest coverage
30.91
Debt ≤ 1 year
€97,356▼
2020 · €153,206
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2022 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,400 | €8,147 | €8,147 | €7,381 | - |
| Other operating charges640/8 | - | - | - | €1,601 | - |
| Gross operating margin9900 | €21,005 | €15,409 | €14,450 | €21,195 | - |
| Operating profit (loss)9901 | €17,245 | €2,153 | €4,483 | €12,213 | - |
| Recurring financial income75 | - | €145 | - | - | - |
| Financial charges65/66B | - | - | - | €634 | - |
| Recurring financial charges65 | €391 | €3,078 | €157 | €634 | - |
| Profit (loss) for the period before taxes9903 | €16,854 | -€779 | €4,450 | €11,579 | - |
| Income taxes67/77 | - | €4,999 | €1,127 | - | - |
| Profit (loss) for the period9904 | €16,854 | -€5,778 | €3,323 | €11,579 | - |
| Profit (loss) for the period to be appropriated9905 | €16,854 | -€5,778 | €3,323 | €11,579 | - |
| Line | 2018 | 2019 | 2020 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €80,674 | €97,193 | €204,658 | €150,708 | - |
| Formation expenses20 | - | - | - | €0 | - |
| Fixed assets21/28 | €7,133 | €34,577 | €26,570 | €13,011 | - |
| Tangible fixed assets22/27 | €7,133 | €33,887 | €25,740 | €12,181 | - |
| Furniture and vehicles24 | - | - | - | €12,181 | - |
| Financial fixed assets28 | - | €690 | €830 | €830 | - |
| Current assets29/58 | €73,541 | €62,616 | €178,088 | €137,697 | - |
| Amounts receivable within one year40/41 | €61,920 | €55,569 | €173,533 | €105,818 | - |
| Trade receivables40 | - | - | - | €93,457 | - |
| Other amounts receivable41 | - | - | - | €12,361 | - |
| Cash at bank and in hand54/58 | €11,621 | €7,047 | €4,555 | €13,263 | - |
| Deferred charges and accrued income490/1 | - | - | - | €18,616 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €80,674 | €97,193 | €204,658 | €150,708 | - |
| Equity10/15 | €28,903 | €23,124 | €26,397 | €53,352 | - |
| Contributions10/11 | €8,650 | €8,650 | - | €8,650 | - |
| Reserves13 | €1,013 | €1,013 | €1,013 | €1,013 | - |
| Non-distributable reserves130/1 | - | - | - | €1,013 | - |
| Reserves not available under the articles1311 | - | - | - | €1,013 | - |
| Profit (loss) carried forward14 | €19,240 | €13,462 | €16,734 | €43,689 | - |
| Amounts payable17/49 | €51,771 | €74,068 | €178,261 | €97,356 | - |
| Amounts payable after more than one year17 | - | €26,305 | €20,497 | - | - |
| Amounts payable within one year42/48 | €51,771 | €47,764 | €153,206 | €97,356 | - |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,299 | - |
| Trade debts44 | €38,805 | €34,405 | €76,657 | €54,890 | - |
| Suppliers440/4 | - | - | - | €54,890 | - |
| Other amounts payable47/48 | - | - | - | €35,167 | - |
| Line | 2018 | 2019 | 2020 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,854 | -€5,778 | €3,323 | €11,579 | - |
| + Depreciation and write-downs630 | €2,400 | €8,147 | €8,147 | €7,381 | - |
| Operating cash flow (approximation) | €19,254 | €2,368 | €11,469 | €18,960 | - |
| Investment in fixed assets (approximation) | - | -€35,590 | -€140 | - | - |
| Change in cash | - | -€4,574 | -€2,491 | - | - |
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
06-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 29-09-2025
10-06
KBO administration
Address struck
Kersbeeklaan 308 Die Sitzadresse Avenue Kersbeek / Kersbee-
1180 Uccle · event 07-04-2025
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2021
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 109 days late
2020
31-12
Financial
Back to profitnet €3,323
Net result €3,323 after one loss-making year.
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
2019
31-12
Financial
Weakest financial yearnet -€5,778
Net result drops to -€5,778, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Ukkel
Ground area
342 m²
Building footprint
99 m²
Volume, LiDAR
743 m³
Parcel 21616G0030/00T016, Brussels · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
446
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0030/00T016 | Brussels | 342 m² | 1 · 99 m² | 13.8 m · 3 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NICOLAS VAN DER BORGHT AVENUE DE FRE 229,
1180 FR BRUXELLES 18 |
29-09-2025 → present |
Identification & contact
Identification
Legal formPrivate limited company
Founded04-04-2016
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.