A 4
ActiveSummary
A 4 has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€90,306) and a net result of -€10,164. Equity is shrinking by ~15% per year across the filed fiscal years. Its solvency ranks better than 5% of 7833 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.01 in 2024; short-term debt: 574.4% and cash: 8% of total assets), and equity is negative.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-475.9%
Return on assets
-53.6%
Age of the figures
12 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€90,306
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-02-2026, 76 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
76 d early
2024
82 d early
2023
7 d late
2022
32 d early
2021
44 d early
2020
45 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 17 March (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€90,306▼ 12.7%
2024 · -€80,142
Total assets
€18,974▼ 13.6%
2024 · €21,968
Net result
-€10,164▲ 5.8%
2024 · -€10,790
Working capital
-€106,808▼ 6.1%
2024 · -€100,696
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€9,563▼ 71.0%-€9,577▼ 0.1%-€5,542▲ 42.1%-€10,741▼ 93.8%-€9,988▲ 7.0%
Net result-€9,608below the sector's middle half▼ 70.7%-€9,619below the sector's middle half▼ 0.1%-€5,582below the sector's middle half▲ 42.0%-€10,790below the sector's middle half▼ 93.3%-€10,164below the sector's middle half▲ 5.8%
Equity-€54,151below the sector's middle half▼ 21.6%-€63,770below the sector's middle half▼ 17.8%-€69,352below the sector's middle half▼ 8.8%-€80,142below the sector's middle half▼ 15.6%-€90,306below the sector's middle half▼ 12.7%
Total assets€33,544below the sector's middle half▼ 0.7%€29,626below the sector's middle half▼ 11.7%€25,763below the sector's middle half▼ 13.0%€21,968below the sector's middle half▼ 14.7%€18,974below the sector's middle half▼ 13.6%
Debt€87,695▲ 12.0%€93,396▲ 6.5%€95,115▲ 1.8%€102,110▲ 7.4%€109,280▲ 7.0%
Working capital-€85,961below the sector's middle half▼ 13.6%-€91,828below the sector's middle half▼ 6.8%-€93,658below the sector's middle half▼ 2.0%-€100,696below the sector's middle half▼ 7.5%-€106,808below the sector's middle half▼ 6.1%
Solvency-161.4%below the sector's middle half▼ 29.6pp-215.2%below the sector's middle half▼ 53.8pp-269.2%below the sector's middle half▼ 53.9pp-364.8%below the sector's middle half▼ 95.6pp-475.9%below the sector's middle half▼ 111.1pp
Current ratio0.02below the sector's middle half▼ 0.010.02below the sector's middle half=0.02below the sector's middle half=0.01below the sector's middle half=0.02below the sector's middle half▲ 0.01
Return on assets (ROA)-28.6%below the sector's middle half▼ 12.0pp-32.5%below the sector's middle half▼ 3.8pp-21.7%below the sector's middle half▲ 10.8pp-49.1%below the sector's middle half▼ 27.5pp-53.6%below the sector's middle half▼ 4.5pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9,988 in 2025 against €10,741 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18,974
Fixed assets
€16,801 ▼ 18.3%
Current assets
€2,173 ▲ 53.6%
Key figures and ratios
EBITDA
-€6,235▲
2024 · -€6,989
Cash flow
-€6,412▲
2024 · -€7,038
Debt to equity
-1.21▲
2024 · -1.27
Interest coverage
-35.32▲
2024 · -143.52
Debt ≤ 1 year
€108,980▲
2024 · €102,110
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.8%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,697 | €3,752 | €3,752 | €3,752 | €3,752 | = |
| Other operating charges640/8 | - | €1,052 | €348 | €1,833 | €817 | ▼ 55.4% |
| Gross operating margin9900 | -€3,125 | -€4,773 | -€1,442 | -€5,157 | -€5,419 | ▼ 5.1% |
| Operating profit (loss)9901 | -€9,563 | -€9,577 | -€5,542 | -€10,741 | -€9,988 | ▲ 7.0% |
| Financial income75/76B | - | - | - | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | €42 | €40 | €49 | €177 | ▲ 263% |
| Recurring financial charges65 | €44 | €42 | €40 | €49 | €177 | ▲ 263% |
| Profit (loss) for the period before taxes9903 | -€9,608 | -€9,619 | -€5,582 | -€10,790 | -€10,164 | ▲ 5.8% |
| Profit (loss) for the period9904 | -€9,608 | -€9,619 | -€5,582 | -€10,790 | -€10,164 | ▲ 5.8% |
| Profit (loss) for the period to be appropriated9905 | -€9,608 | -€9,619 | -€5,582 | -€10,790 | -€10,164 | ▲ 5.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €33,544 | €29,626 | €25,763 | €21,968 | €18,974 | ▼ 13.6% |
| Fixed assets21/28 | €31,810 | €28,058 | €24,306 | €20,554 | €16,801 | ▼ 18.3% |
| Tangible fixed assets22/27 | €31,389 | €27,637 | €23,884 | €20,132 | €16,380 | ▼ 18.6% |
| Land and buildings22 | - | €24,810 | €21,928 | €19,045 | €16,163 | ▼ 15.1% |
| Plant, machinery and equipment23 | - | €2,826 | €1,957 | €1,087 | €217 | ▼ 80.0% |
| Financial fixed assets28 | €421 | €421 | €421 | €421 | €421 | = |
| Current assets29/58 | €1,734 | €1,568 | €1,457 | €1,414 | €2,173 | ▲ 53.6% |
| Amounts receivable within one year40/41 | €1,241 | €1,230 | €1,457 | €1,414 | €438 | ▼ 69.0% |
| Trade receivables40 | - | €799 | €1,344 | €1,285 | €438 | ▼ 65.9% |
| Other amounts receivable41 | - | €431 | €113 | €129 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €493 | €338 | €0 | - | €1,510 | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €225 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €33,544 | €29,626 | €25,763 | €21,968 | €18,974 | ▼ 13.6% |
| Equity10/15 | -€54,151 | -€63,770 | -€69,352 | -€80,142 | -€90,306 | ▼ 12.7% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,292 | €1,292 | €1,292 | €0 | - | - |
| Non-distributable reserves130/1 | - | €1,292 | €1,292 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,292 | €1,292 | €0 | - | - |
| Profit (loss) carried forward14 | -€74,035 | -€83,654 | -€89,236 | -€98,734 | -€108,898 | ▼ 10.3% |
| Amounts payable17/49 | €87,695 | €93,396 | €95,115 | €102,110 | €109,280 | ▲ 7.0% |
| Amounts payable within one year42/48 | €87,695 | €93,396 | €95,115 | €102,110 | €108,980 | ▲ 6.7% |
| Financial debts43 | - | - | €2 | €87 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | €2 | €87 | €0 | ▼ 100% |
| Trade debts44 | €1,375 | €1,185 | €401 | €1,590 | €61 | ▼ 96.1% |
| Suppliers440/4 | - | €1,185 | €401 | €1,590 | €61 | ▼ 96.1% |
| Other amounts payable47/48 | - | €92,212 | €94,712 | €100,433 | €108,919 | ▲ 8.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €300 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,608 | -€9,619 | -€5,582 | -€10,790 | -€10,164 | ▲ 5.8% |
| + Depreciation and write-downs630 | €3,697 | €3,752 | €3,752 | €3,752 | €3,752 | = |
| Operating cash flow (approximation) | -€5,910 | -€5,867 | -€1,830 | -€7,038 | -€6,412 | ▲ 8.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€155 | -€338 | - | - | - |
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
Next filing, fiscal year 2026, expected by
2026
13-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
NBB filing
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, Vorst · 1 establishment unit since 1998
Ground area
180 m²
Building footprint
144 m²
Volume, LiDAR
2,595 m³
Parcel 21383B0075/00E005, Brussels · tallest building 22.5 m, ±6 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Molièrelaan 72, 1190 Vorst
since 19982.089.409.296
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0075/00E005 | Brussels | 180 m² | 1 · 144 m² | 22.5 m · 6 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-10-1998
Fiscal year end30-09
Activities, NACEBEL 2025
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464344839
Also
9925:BE0464344839
Registered
15-10-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.