4VR
ActiveSummary
4VR has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,769 and a net result of -€2,231. Its solvency ranks better than 32% of 2,874 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 31-01-2025 Normal situation
- Activity
- Other amusement and recreation activities NACE 93299and 1 other
- Establishment units
- 2.369.549.355 4460 Grâce-Hollogne, since 31-01-2025
- 2.389.139.001 6900 Marche-en-Famenne, since 11-05-2026
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2025
Board and ownership
- BEBRONNE Gilles Stéphane Joanna GhislainManaging director
- GILISSEN Lucas Christian Marc HubertManaging director
- BD LegalDirector · permanent representative DOR Bruno Gaëtan Geoffrey
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- -€1,310
- Loss
- €2,231
- Equity
- €25,769
- Total assets
- €383,001
Score breakdownraises riskEquity €25,769 (6.7% of total assets)Founded in 2025lowers riskSector: Sports, amusement and recreation activities (NACE 93)Size: total assets €383,001Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 31% of them on solvency, 74% on liquidity and 28% on profitability.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 26-06-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €277,310 |
| Intangible fixed assets | €25,000 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| Gross operating margin9900 | -€1,310 |
| Operating profit (loss)9901 | -€1,310 |
| Financial income75/76B | €16 |
| Recurring financial income75 | €16 |
| Financial charges65/66B | €937 |
| Recurring financial charges65 | €937 |
| Profit (loss) for the period before taxes9903 | -€2,231 |
| Profit (loss) for the period9904 | -€2,231 |
| Profit (loss) for the period to be appropriated9905 | -€2,231 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €383,001 | |
| Formation expenses20 | €8,907 | |
| Fixed assets21/28 | €302,310 | |
| Intangible fixed assets21 | €25,000 | |
| Tangible fixed assets22/27 | €277,310 | |
| Plant, machinery and equipment23 | €131,950 | |
| Other tangible fixed assets26 | €145,360 | |
| Current assets29/58 | €71,783 | |
| Amounts receivable within one year40/41 | €10,103 | |
| Trade receivables40 | €4,846 | |
| Other amounts receivable41 | €5,256 | |
| Cash at bank and in hand54/58 | €61,664 | |
| Deferred charges and accrued income490/1 | €16 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €383,001 | |
| Equity10/15 | €25,769 | |
| Contributions10/11 | €28,000 | |
| Profit (loss) carried forward14 | -€2,231 | |
| Amounts payable17/49 | €357,232 | |
| Amounts payable after more than one year17 | €319,819 | |
| Financial debts170/4 | €207,819 | |
| Other amounts payable178/9 | €112,000 | |
| Amounts payable within one year42/48 | €37,408 | |
| Trade debts44 | €37,408 | |
| Suppliers440/4 | €37,408 | |
| Accrued charges and deferred income492/3 | €5 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€2,231 |
| Operating cash flow (approximation) | -€2,231 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 280 companies had the same profile as 4VR has now. Two years later, 1.1% had gone bankrupt and 95.7% were still going.
- Micro
- under 2 years old
- solvency under 10%
- a small loss
That fits the bankruptcy probability of 4VR itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 280 companies, not a prediction for 4VR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-06-2026 | 2026-00201153 |
Board & ownership
Directors
Board 4
Day-to-day management 2
Permanent representatives 1
Owners and capital
Shareholders
- BEBRONNE Gilles Stéphane Joanna Ghislain founder
- LEROY Renaud Nicolas Julien founder
- GILISSEN Lucas Christian Marc Hubert founder
- BD LEGAL (BE 0736.669.369) founder
Capital transactions
- 04-02-2025 Incorporation · 100 shares
Mandate history
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| BD Legal |
|
| BEBRONNE Gilles Stéphane Joanna Ghislain |
|
| GILISSEN Lucas Christian Marc Hubert |
|
| LEROY Renaud Nicolas Julien |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, personnes physiques ou morales,actionnaires ou non”“4”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Plus étendus conférés par articles 2:87 et suivants Code des sociétés et des associations, assemblée générale détermine le cas échéant”
Articles of association, deed of 04-02-2025 (in French)
Network & group
4VR shares no director with another company.
Companies at the same address
1 other companyConnections & network
4 current directorsThe network starts from the directors of 4VR. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
04-02
Gazette deed
IncorporationAppointments: BEBRONNE Gilles Stéphane Joanna Ghislain, LEROY Renaud Nicolas Julien and 2 others · Permanent representative: DOR Bruno Gaëtan Geoffrey · Founder19 points ▸
- Incorporation, “4VR” (deed in French)
- Founder, BEBRONNE Gilles Stéphane Joanna Ghislain
- Founder, LEROY Renaud Nicolas Julien
- Founder, GILISSEN Lucas Christian Marc Hubert
- Founder, BD LEGAL
- Founding capital
- Bank account, EUR, “Code des sociétés et des associations” (deed in French)
- Capital
- Pre-incorporation commitments, “takeover”, 01-01-2025 (deed in French)
- General meeting, “extraordinaire, fondateur” (deed in French)
- Registered office clause, “4460 Grâce-Hollogne,Rue des Rochers 26” (deed in French)
- Director appointment, BEBRONNE Gilles Stéphane Joanna Ghislain (director (not named in the articles))
- The act holds 7 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 83034A0889/00Y002 | Wallonia | 7,572 m² | 1 · 1,858 m² | - |
| 62454B0513/00M000 | Wallonia | 1,371 m² | 1 · 264 m² | 9.8 m · 2 |