Equity
€92,780 ▲ 28.2%
B4BUILD has made a profit in every financial year since 2023.
B4BUILD
Overview
Lifetime
3 annual accounts with figures on one time axispeak €89,112 (2024)
€34,352▼ 61.5%
peak €62,842 (2024)
€20,414▼ 67.5%
peak €92,780 (2025)
€92,780▲ 28.2%
€29,784▲ 20.9%
Board2 names since 2023
1 directorSpitals Fabien
Documentsfilings and deeds
12-06-202649 days before the deadline
2025micro format
Gross margin from €89,112 to €34,352Result from €62,842 to €20,414Equity from €72,366 to €92,780Debts from €24,639 to €29,784Cash from €73,516 to €103,717
Key points
from the 2025 annual accountsChecked score
97
Excellent
Financially stronger than 75% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,555 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025highest value
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
lowers risk
Liquidity: current ratio 4.09, cash €103,717
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €122,564
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 70, micro). It does better than 86% of them on solvency, 84% on liquidity, 59% on profitability and 72% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as B4BUILD has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
The bankruptcy probability of B4BUILD itself is lower: < 0.1% within 12 months. It rests on far more data about B4BUILD than the profile alone.
Test of the method
The method was tested on the 497,447 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 39,278 companies, not a prediction for B4BUILD. 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.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.09 (3.78 in 2024), above the usual 1.5. Short-term debt is 24.1% and cash 84.6% of total assets. 24.3% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
49 days early
2024
48 days early
2023
10 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 29 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 June (3 of the last 3 accounts filed within 59 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
SF
Spitals Fabien
Director
- SPITALS Fabian,César,Robert 100 sharesdeed of 16-06-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802706870
Incorporation
Founding capital of €3,000, 100 shares · Founder: SPITALS Fabian, César, Robert · Appointment: SPITALS Fabian, César, Robert (director) · published on 16-06-2023 · Gazette deed
First establishment
Chemin d'Oeudeghien 29, Ath
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| B4BUILD Ath | €122,564 | €34,352 | 75.7% | - |
| ALBC Consult Colfontaine | €120,345 | €36,391 | 28.0% | - |
| ORI Consult Enghien | €118,180 | €40,014 | 27.0% | - |
| Sphera Consulting Pont-à-Celles | €113,061 | €34,303 | 86.2% | - |
| HARYA Saint-Ghislain | €104,552 | €37,221 | 42.9% | - |
| ECOTONE CONCEPT Chièvres | €124,923 | €29,841 | 8.2% | - |
| OPS Consulting Soignies | €104,993 | €30,567 | -16.6% | - |
These companies have the same main activity as B4BUILD: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €105,000 and €125,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 14-06-2023Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.347.817.5937803 Ath, since 14-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 13-02-2025
Annual accounts 2025
- €34,352▼ 61.5%
- €20,414▼ 67.5%
- €92,780▲ 28.2%
- €122,564▲ 26.3%
- Filing
- Filed on 12-06-2026, 49 days before the end of the filing period
Insights on B4BUILD
B4BUILD files the micro format. That format states no turnover. The gross margin rose from €11,872 in 2023 to €34,352 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 12-06-2026, 49 days before the deadline€34,352
▼ 61.5%
€30,846
▼ 64.0%
€20,414
▼ 67.5%
€91,092
▲ 33.5%
75.7%
▲ 1.1 percentage points
4.09
▲ 0.31
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €59,000 and €140,000.
Balance sheet
balance sheet total €122,564 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
75.7%
Higher than 72% of 39,335 companies in 2025.
4.09
Higher than 73% of 38,020 companies in 2025.
16.7%
Higher than 54% of 38,492 companies in 2025.
B4BUILD
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
122,564 | 97,005 | 45,758 | |
21/28 |
1,947 | 4,207 | 5,115 | |
22/27 |
1,947 | 3,982 | 4,890 | |
24 |
1,947 | 3,982 | 4,890 | |
28 |
- | 225 | 225 | |
29/58 |
120,617 | 92,798 | 40,643 | |
40/41 |
15,049 | 18,150 | 224 | |
40 |
15,049 | 18,150 | 224 | |
54/58 |
103,717 | 73,516 | 39,521 | |
490/1 |
1,852 | 1,132 | 898 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
122,564 | 97,005 | 45,758 | |
10/15 |
92,780 | 72,366 | 9,524 | |
10/11 |
3,000 | 3,000 | 3,000 | |
14 |
89,780 | 69,366 | 6,524 | |
17/49 |
29,784 | 24,639 | 36,234 | |
42/48 |
29,525 | 24,555 | 36,234 | |
44 |
1,114 | 2,970 | 6,325 | |
440/4 |
1,114 | 2,970 | 6,325 | |
45 |
28,230 | 21,585 | 19,074 | |
450/3 |
28,230 | 21,585 | 15,760 | |
454/9 |
- | - | 3,315 | |
47/48 |
181 | - | 10,835 | |
492/3 |
259 | 84 | - | |
| Income statement | ||||
9900 |
34,352 | 89,112 | 11,872 | |
630 |
2,035 | 1,804 | 377 | |
640/8 |
1,470 | 1,326 | 2,560 | |
66A |
- | 332 | - | |
9901 |
30,846 | 85,651 | 8,935 | |
75/76B |
1,095 | 100 | - | |
75 |
1,095 | 100 | - | |
65/66B |
4,022 | 4,922 | - | |
65 |
4,022 | 4,922 | - | |
9903 |
27,920 | 80,829 | 8,935 | |
67/77 |
7,506 | 17,987 | 2,411 | |
9904 |
20,414 | 62,842 | 6,524 | |
9905 |
20,414 | 62,842 | 6,524 | |
| Appropriation of the result | ||||
9906 |
89,780 | 69,366 | 6,524 | |
14P |
69,366 | 6,524 | - | |
| Document | ||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 12-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 32,881 | 87,455 | 9,312 | ||
| 22,449 | 64,646 | 6,901 | ||
| -225 | 1,227 | 5,492 | ||
| 30,200 | 33,995 | - | ||
| 91,092 | 68,244 | 4,409 | ||
| 75.7% | 74.6% | 20.8% | ||
| 4.09 | 3.78 | 1.12 | ||
| 0.32 | 0.34 | 3.80 | ||
| 22.0% | 86.8% | 68.5% | ||
| 16.7% | 64.8% | 14.3% | ||
| 8.18 | 17.77 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €1,227 | €5,267 |
| Financial fixed assets | - | - | €225 |
| €2,035 | €1,804 | €377 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on B4BUILD
The operating result for 2025 is 64% lower than in 2024.
Debt's share of the balance-sheet total falls from 25.4% to 24.3%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationMandates through the years
2 names, the dashed line is todaySpitals Fabien
Director
Director
SPITALS Fabian,César,Robert
Director (not named in the articles)
Director (not named in the articles)
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
- Spitals Fabien
- Director, since before 31-12-2023
- SPITALS Fabian,César,Robert
- Director (not named in the articles), appointed by deed of 16-06-2023, no longer listed in the 2025 annual accounts
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €928 in 2025
- Source
- deed of 16-06-2023
Articles of association
deed of 16-06-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié à charge du cédant et moitié à charge du ou des acquéreurs proportionnellement si plusieurs, tous cas de cessions entre vifs à titre…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 16-06-2023 ↗
- SPITALS Fabian,César,Robert 100 shares (100%) · €3,000 in cash
Network & group
No group
B4BUILD has no parent and no holdings in its annual accounts. Spitals Fabien is the only director. B4BUILD shares no director with another company.
Timeline
Timeline
8 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 49 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 48 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802706870
2024
Highest result from 2023 to 2025 net €62,842 ▲863% The operating result of €85,651 and the net result of €62,842 are both a record.
Liquidity more than triples current ratio 3.78 The current ratio rises from 1.12 to 3.78. Short-term debt falls from €36,234 to €24,555.
Annual accounts 2023 filed PDFmicro format · 10 days late
2023
IncorporationFounding capital of €3,000, 100 shares · Founder: SPITALS Fabian, César, Robert · Appointment: SPITALS Fabian, César, Robert (director) · published on 16-06-20235 points ▸
- Founder, SPITALS Fabian, César, Robert
- Founding capital, €3,000, 100 shares
- Registered office clause, Chemin d’Oeudeghien 29 B, 7803 Ath
- Board rule, 1
- Director appointment, SPITALS Fabian, César, Robert (director (not named in the articles))
- The deed holds 6 more points.
First establishment Chemin d'Oeudeghien 29, Ath
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0802.706.870
- VAT number
- BE 0802.706.870
- Peppol ID
- 0208:0802706870
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 14-06-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 18:00deed of 16-06-2023 (in French)
- Peppol
- Reachable since 13-02-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- B4BUILD in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 16-06-2023 (in French)
- Name clauseThe company operates under this name according to its articles.
- B4BUILDdeed of 16-06-2023 (in French)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
Codes under NACEBEL 2008
70220
Business consulting main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Les prestations de travail,de services,et de conseil aux particuliers et aux entreprises quant à leur organisation,à leur contrôle et leur…”deed of 16-06-2023 (in French)
31 activities
- Les prestations de travail,de services,et de conseil aux particuliers et aux entreprises quant à leur organisation,à leur contrôle et leur gestion et quant à la poursuite,au développement,à la réalisation et à l’expansion de leurs activités,et de manière plus générale,toutes activités de consultance et de management
- D’assurer les tâches et/ou missions ainsi que de dispenser des avis techniques,commerciaux ou administratifs dans le sens le plus large du terme,fournir son assistance et exécuter des services directement ou indirectement sur le plan de l’administration et des finances,de la vente,de la production et de la gestion en général,et exécuter tous mandats sous forme d’études,d’organisations,d’expertises,d’actes et de conseils techniques ou autres en matière de management,marketing,lobbying,networking,informatique,ressources humaines,publicité et réclame,gestion d’entreprise et organisation,planification financière ou juridique
- La prise de participation directe ou indirecte dans toutes sociétés ou entreprises commerciales,industrielles,financières,mobilières ou immobilières
- Le contrôle de leur gestion,ou la participation à celle-ci par la prise de tous mandats au sein desdites sociétés ou entreprises
- Elle peut exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés
- L’achat,l’administration,la vente de toutes valeurs mobilières ou immobilières,de tous droits sociaux et d’une manière générale toutes opérations de gestion du portefeuille ainsi constitué
- Elle peut prêter à toutes sociétés et se porter caution pour elles,même hypothécairement
- Les représentations industrielles et commerciales au niveau national et international
- L'import-export et le trading de tous produits et matières
- La distribution de produits et/ou services industriels et manufacturés
- L’importation,l’exportation,l’achat et la vente,la représentation,la création,la fabrication et l’installation de tout objet mobilier,de tout produit ou outillage liés à la construction
- Les services industriels: engineering,recyclage,maintenance et travaux divers
- Les conseils en management aux entreprises
- La formation et le coaching en entreprises ou ailleurs
- La gestion des ressources humaines
- La valorisation et la gestion des actifs en entreprises
- Les expertises privées et judiciaires
- La recherche,le développement,la communication,les études stratégiques,marketing et financières la publicité et la promotion de tous produits et services
- La coordination,l’organisation,la promotion et la réalisation de produits,conférences,de voyages d'incitants et d'événements nationaux et internationaux dans tous ses domaines d'activité en ce compris la prospection des marchés
- L'achat,la vente,la production,la fabrication,la construction,l'assemblage,la confection,la manufacture,le parachèvement,le façonnage,la transformation,le montage,l'installation,la pose,le placement,la réparation,l'entretien,la location,la représentation,et le commerce sous toutes leurs formes,y compris l'importation et l'exportation,en gros ou en détail,de tous meubles,produits,appareils,matériels,articles,matériaux(aluminium,bois,PVC,...),ouvrages,travaux,outils,machines,instruments,et fournitures généralement quelconques en toutes matières,ainsi qu'à tous services et prestations,tout parachèvement relatif aux châssis,volets et verrières
- La société pourra louer ou sous louer,acquérir des droits réels ou la pleine propriété de tout immeuble dans le but soit d’y établir son siège social,un siège d’exploitation ou d’y loger son/ses dirigeant(s)et les membres en ligne directe de leur famille à titre de résidence principale ou secondaire
- Elle pourra investir ses liquidités de toutes les manières qu’elle souhaitera,étant entendu que les actes posés supposeront générer des nouveaux revenus
- Elle peut également gérer un patrimoine immobilier,pour son propre compte,en Belgique ou à l'étranger,ce qui inclut la constitution et la gestion d'un patrimoine immobilier et la location-financement de biens immeubles aux tiers,l'acquisition par l'achat ou autrement,la vente,l'échange,le construction,le transformation,l'amélioration,l'équipement,l'aménagement,l'embellissement,l'entretien,la location,la prise en location,le lotissement,la prospection et l'exploitation de biens immobiliers,ainsi que toutes opérations qui,directement ou indirectement,sont en relation avec cet objet et qui sont de nature à favoriser l'accroissement et le rapport d'un patrimoine immobilier,de même que se porter caution pour la bonne fin d'engagements pris par des tiers qui auraient la jouissance de ces biens immobiliers
- La société pourra hypothéquer et affecter en garantie tous biens meubles ou immeubles pour son compte propre ou pour compte de ses dirigeants,et/ou pourra réaliser toute opération d’engagement à titre de caution,aval ou garanties quelconques pour le compte de ses dirigeants,à condition que ce soit dans le cadre d’une saine gestion patrimoniale ou pour acquérir des moyens supplémentaires destinés à faciliter l’exercice de la profession
- Elle dispose,d’une manière générale,d’une pleine capacité juridique pour accomplir tous les actes et opérations ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement,entièrement ou partiellement,la réalisation de cet objet
- Elle peut s'intéresser par voie d'association,d'apport,de fusion,d'intervention financière ou autrement dans toutes sociétés,associations ou entreprises dont l'objet est identique,analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés
- Elle peut exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés
- La société peut se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées,au sens le plus large
- Elle peut,en outre,sous réserve de restrictions légales,faire toutes les opérations commerciales,industrielles,mobilières,immobilières ou financières se rattachant directement ou indirectement à son objet social
- Elle peut encore gérer son propre patrimoine et s'intéresser par toutes voies de droit au développement de celui-ci
- Au cas où la prestation de certains actes serait soumise à des conditions préalables d'accès à la profession,la société subordonnera son action,en ce qui concerne la prestation de ces actes,à la réalisation de ces conditions
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Chemin d'Oeudeghien 29 registered office 7803 Ath | 14-06-2023 | 2.347.817.593 |
Buildings and parcels at the address
- Ground area
- 968 m²
- Buildings
- 96 m²
- Volume, LiDAR
- 520 m³
- Tallest building
- 6.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 51011A0240/00A002 | 968 m² | 1 · 96 m² | 6.8 m · 2 |