4WINGS Foundation
ActiveSummary
4WINGS Foundation has the legal form “Public-utility foundation” in the KBO. Checked does not compute a bankruptcy probability for it. The annual accounts of 4WINGS Foundation for financial year 2025 show a net loss of 110% of total assets and of 53% of the equity at the start of that year. The 2025 annual accounts show equity of €921,499 and a net result of -€1.0m. Equity has been shrinking by about 12% per year since 2018. The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-12-2014 Normal situation
- Registered office
- 16 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.257.039.154 1000 Brussel, since 21-04-2016
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- Christophe QuertonChair
- LHOIST Arthur Charles André Marie GhislainChair
- Sophie d'YdewalleDirector · since 29-11-2017
Financial position
- Gross margin
- -€862,368
- Deficit
- €1.0m
- Equity
- €921,499
- ▼ 52.7%
- Total assets
- €931,303
- ▼ 52.8%
- Staff
- ≈ 4.8 FTE
- estimated
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
For a Public-utility foundation there is no bankruptcy probability. The model is built on companies and gives no reliable figure for associations and foundations.
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Signals
The company filed its last 7 accounts on average 32 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-03-2026 PDF all 10 filings
Every figure per financial year
The operating result for 2025 is a loss of €1.0m, after a profit of €55,301 in 2024. It is the lowest result since 2021.
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| full-time | 1 | 1 |
| in full-time equivalents | 1 | 1 |
| Average over the year, in full-time equivalents | 1.2 | 1 |
| On a permanent contract | 1 | 1 |
| Joined | 1 | - |
| Left | 1 | - |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,998 | €3,278 | €756 | - |
| Financial fixed assets | €102,100 | €175,243 | - | - | - |
| Depreciation and write-downs of the year | - | €296 | €1,854 | €2,140 | €1,660 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.04m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €296 | €0.002m | €0.002m | €0.002m | ▼ 22.4% |
| Other operating charges640/8 | - | - | - | - | - | - | €139 | - | - |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €184 | - |
| Gross operating margin9900 | €0.5m | €0.06m | -€0.7m | -€0.7m | €0.3m | €0.4m | €0.2m | -€0.9m | - |
| Operating profit (loss)9901 | €0.4m | €0.007m | -€0.7m | -€0.8m | €0.2m | €0.2m | €0.06m | -€1.0m | - |
| Financial income75/76B | - | - | - | €0.002m | €47 | €0.006m | €0.1m | €0.02m | ▼ 83.5% |
| Recurring financial income75 | €2 | - | €0 | €0.002m | €47 | €0.006m | €0.009m | €0.02m | ▲ 91.1% |
| Non-recurring financial income76B | - | - | - | - | - | - | €0.1m | - | - |
| Financial charges65/66B | - | - | - | €494 | €0.001m | €174 | €228 | €473 | ▲ 108% |
| Recurring financial charges65 | €214 | €149 | €349 | €494 | €0.001m | €174 | €228 | €473 | ▲ 108% |
| Profit (loss) for the period before taxes9903 | €0.4m | €0.007m | -€0.7m | -€0.8m | €0.2m | €0.2m | €0.2m | -€1.0m | - |
| Profit (loss) for the period9904 | €0.4m | €0.007m | -€0.7m | -€0.8m | €0.2m | €0.2m | €0.2m | -€1.0m | - |
| Profit (loss) for the period to be appropriated9905 | €0.4m | €0.007m | -€0.7m | -€0.8m | €0.2m | €0.2m | €0.2m | -€1.0m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.8m | €2.8m | €2.1m | €1.4m | €1.6m | €1.8m | €2.0m | €0.9m | ▼ 52.8% |
| Fixed assets21/28 | €0.3m | €0.4m | €0.4m | €0.3m | €0.4m | €0.4m | €0.3m | €0.3m | ▼ 0.7% |
| Tangible fixed assets22/27 | - | - | - | - | €0.004m | €0.005m | €0.004m | €0.002m | ▼ 49.3% |
| Furniture and vehicles24 | - | - | - | - | €0.004m | €0.005m | €0.004m | €0.002m | ▼ 49.3% |
| Financial fixed assets28 | €0.3m | €0.4m | €0.4m | €0.3m | €0.4m | €0.4m | €0.3m | €0.3m | = |
| Current assets29/58 | €2.5m | €2.5m | €1.8m | €1.1m | €1.1m | €1.4m | €1.7m | €0.7m | ▼ 60.5% |
| Amounts receivable after more than one year29 | - | - | - | €0.2m | €0.1m | €0.2m | €0.4m | €0.3m | ▼ 18.2% |
| Other amounts receivable291 | - | - | - | €0.2m | €0.1m | €0.2m | €0.4m | €0.3m | ▼ 18.2% |
| Amounts receivable within one year40/41 | - | - | - | - | €140 | - | €0.1m | €0.001m | ▼ 98.8% |
| Trade receivables40 | - | - | - | - | €140 | - | - | €0.001m | - |
| Other amounts receivable41 | - | - | - | - | - | - | €0.1m | €0.001m | ▼ 99.5% |
| Current investments50/53 | €0.5m | €0.5m | - | - | - | - | €0.6m | - | - |
| Cash at bank and in hand54/58 | €1.9m | €1.8m | €1.6m | €0.9m | €1.0m | €1.2m | €0.6m | €0.3m | ▼ 41.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | - | €0.004m | €0.001m | €437 | ▼ 31.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.8m | €2.8m | €2.1m | €1.4m | €1.6m | €1.8m | €2.0m | €0.9m | ▼ 52.8% |
| Equity10/15 | €2.8m | €2.8m | €2.1m | €1.4m | €1.6m | €1.8m | €1.9m | €0.9m | ▼ 52.7% |
| Reserves13 | - | - | - | €1.4m | €1.6m | €1.8m | €1.9m | €0.9m | ▼ 52.7% |
| Amounts payable17/49 | €0.01m | €0.01m | €0.009m | €0.01m | €0.01m | €0.01m | €0.02m | €0.01m | ▼ 55.5% |
| Amounts payable within one year42/48 | €0.01m | €0.01m | €0.009m | €0.01m | €0.01m | €0.01m | €0.02m | €0.01m | ▼ 55.5% |
| Trade debts44 | €0.005m | €0.006m | €0.006m | €0.009m | €0.004m | €0.003m | €0.01m | €0.004m | ▼ 67.6% |
| Suppliers440/4 | - | - | - | €0.009m | €0.004m | €0.003m | €0.01m | €0.004m | ▼ 67.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.002m | €0.007m | €0.008m | €0.01m | €0.006m | ▼ 41.8% |
| Taxes450/3 | - | - | - | - | - | €0.006m | €0.002m | - | - |
| Remuneration and social security454/9 | - | - | - | €0.002m | €0.007m | €0.003m | €0.008m | €0.006m | ▼ 28.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.007m | -€0.7m | -€0.8m | €0.2m | €0.2m | €0.2m | -€1.0m | - |
| + Depreciation and write-downs630 | - | - | - | - | €296 | €0.002m | €0.002m | €0.002m | ▼ 22.4% |
| Operating cash flow (approximation) | €0.4m | €0.007m | -€0.7m | -€0.8m | €0.2m | €0.2m | €0.2m | -€1.0m | - |
| Investment in fixed assets (approximation) | - | -€0.05m | €0 | €0.1m | -€0.2m | -€0.003m | €0.2m | €184 | ▼ 99.9% |
| Change in cash | - | -€0.07m | -€0.2m | -€0.7m | €0.1m | €0.1m | -€0.6m | -€0.2m | ▲ 58.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-03-2026 | 2026-00066457 | |
| 31-12-2024 | micro format | 28-05-2025 | 2025-00113875 | |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00291263 | |
| 31-12-2022 | micro format | 27-06-2023 | 2023-00163608 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20107712 | |
| 31-12-2020 | full format | 07-06-2021 | 2021-18300223 | |
| 31-12-2019 | full format | 27-10-2020 | 2020-64500174 | |
| 31-12-2018 | full format | 27-08-2019 | 2019-56100114 | |
| 31-12-2017 | full format | 27-04-2018 | 2018-11600572 | |
| 31-12-2016 | full format | 01-02-2018 | 2018-04400318 |
Board & ownership
Directors
Board 5
Permanent representatives 1
Owners and capital
Owners
This public-utility foundation has no shareholders or capital.
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Christophe Querton |
|
| DORMAL Dorian Georges Léon |
|
| LHOIST Arthur Charles André Marie Ghislain |
|
| Sophie d'Ydewalle |
|
| TELOS IMPACT |
|
| LADYBUG |
|
| Etienne Denoel |
|
| Georges de Kerchove |
|
| Kim Lebeau |
|
| Nicolas Dekuyssche |
|
| Amandine ANGLEBERT |
|
| Antoine d'Ydewalle |
|
| Gabrielle Ughetto |
|
| Sophie van Outryve d'Ydewalle |
|
| Arthur Lhoist |
|
| Augustin Querton |
|
| Pierre-Paul De Schrevel |
|
Network & group
Board mandates elsewhere
2 board mandatesCompanies at the same address
15 other companies- FONDATION MALOU Registered office · since 2026 1042474242
- Erya Impact Partners Registered office · since 2026 1041536015
- Telos Climate Fund I Capital Partners Registered office · since 2023 0798703245
- Telos Impact GP Registered office · since 2023 0798597931
- Fondation MAD - Marguerite et Adrien Dassault Registered office · since 2021 0765346331
- FONDATION OSKY Registered office · since 2019 0733990882
- QiGreen Registered office · since 2018 0711913583
- Stellar Impact Registered office · since 2018 0700603284
- FONDATION BABELLE Registered office · since 2018 0696776239
- TELOS IMPACT INVESTING Registered office · since 2017 0678816589
Connections & network
24 connected companiesShow 20 more companies with a shared director
Timeline
Acts, filings and financial milestones
27-10
Gazette deed
3 directors resigning, 2 reappointedResignations: Sophie van Outryve d'Ydewalle, Dorian Dormal and Amandine Englebert · Reappointments: Arthur Lhoist (director and chair) and Christophe Querton (director)6 points ▸
- General meeting, 24-08-2026
- Director resignation, Sophie van Outryve d'Ydewalle (director)
- Director resignation, Dorian Dormal (director)
- Director resignation, Amandine Englebert (managing director)
- Director reappointment, Arthur Lhoist (director and chair)
- Director reappointment, Christophe Querton (director)
19-06
Gazette deed
Registered office moved from Ixelles to BruxellesNew seat: Rue Vilain XIIII 19 à 1000 Bruxelles · Previous seat: Rue Gachard 88/16, 1050 Ixelles · Appointment: Telos Impact (director)3 points ▸
- General meeting, 01-04-2026
- Director appointment, Telos Impact (director)
- Registered-office move, Rue Vilain XIIII 19 à 1000 Bruxelles
19-03
Gazette deed
1 director appointed, 5 directors resigningAppointment: Arthur Lhoist (chair of the board) · Resignations: Kim Lebeau, Nicolas Dekuyssche and 3 others · Permanent representative: Amandine Englebert13 points ▸
- Board meeting, 16-02-2026
- Director appointment, Arthur Lhoist (chair of the board)
- Director resignation, Kim Lebeau (director)
- Director resignation, Nicolas Dekuyssche (director)
- Director resignation, Etienne Denoël (director)
- Director resignation, Georges de Kerchove (director)
- Board composition, Arthur Lhoist (director and chair)
- Board composition, Sophie van Outryve d'Ydewalle (administratice)
- Board composition, Christophe Querton (director)
- Board composition, Dorian Dormal (director)
- Permanent representative, Amandine Englebert
- Director resignation, Ladybug SRL (chief executive officer (ceo))
- The act holds 1 more point.
10-06
Gazette deed
Registered office moved from Ixelles to BruxellesNew seat: Rue Gachard 88, 1050 Bruxelles, boite 16 - Gachard House · Previous seat: Avenue Louise 523, 1050 Ixelles · Appointments: Arthur Lhoist, Dorian Dormal and Christophe Querton19 points ▸
- Board meeting, 22-06-2023
- Director appointment, Arthur Lhoist (director)
- Director appointment, Dorian Dormal (director)
- Director resignation, Antoine d'Ydewalle (director)
- Director resignation, Gabrielle Ughetto (director)
- Director reappointment, Georges de Kerchove (director)
- Director reappointment, Etienne Denoël (director)
- Director reappointment, Christophe Querton (director)
- Director reappointment, Sophie d'Ydewalle (director)
- Director appointment, Christophe Querton (chair of the board)
- Registered-office move, Rue Gachard 88, 1050 Bruxelles, boite 16 - Gachard House
- Board composition, Christophe Querton (director and chair)
- The act holds 7 more points.
02-03
Gazette deed
Appointments: Kim Lebeau (director) and Nicolas De Kuyssche (director)12 points ▸
- Board meeting, 29-09-2022
- Director appointment, Kim Lebeau (director)
- Director appointment, Nicolas De Kuyssche (director)
- Board composition, Christophe Querton (director and chair)
- Board composition, Gabrielle Ughetto (director)
- Board composition, Sophie van Outryve d'Ydewalle (director)
- Board composition, Antoine Van Outryve d'Ydewalle (director)
- Board composition, Etienne Denoël (director)
- Board composition, Georges de Kerchove (director)
- Board composition, Kim Lebeau (director)
- Board composition, Nicolas De Kuyssche (director)
- Other provision, “name and capacity of instrumenting notary or authorised person(s), form footer caption fragment” (deed in French)
Show earlier events
29-03
Gazette deed
Registered office moved to IxellesNew seat: 1050 Ixelles, Avenue Louise, 523 · Resignations: Augustin Querton, Pierre-Paul de Schrevel and Arthur Lhoist · Appointment: Ladybug SRL (chief executive officer)15 points ▸
- Board meeting, 27-01-2022
- Director resignation, Augustin Querton (director)
- Director resignation, Pierre-Paul de Schrevel (director)
- Director resignation, Arthur Lhoist (director)
- Registered-office move, 1050 Ixelles,Avenue Louise,523
- Power of attorney, Olivier Debuyst
- Director appointment, Ladybug SRL (chief executive officer(ceo))
- Permanent representative, Amandine Englebert
- Power of attorney, Amandine Englebert (director (executive))
- Board composition, Christophe Querton (director and chair)
- Board composition, Gabrielle Ughetto (director)
- Board composition, Sophie van Outryve d'Ydewalle (director)
- The act holds 3 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
2 former offices
- Rue Gachard 88/16, 1050 Ixelles until 01-04-2026 · act of 19-06-2026
- Avenue Louise 523, 1050 Ixelles until 01-04-2023 · act of 10-06-2024
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21807G0179/00Y008 | Brussels | 214 m² | 1 · 235 m² | 18.9 m · 5 |