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BD4

Active
Private limited companyfounded 20205 yrs activeVan Volxemlaan 302/304, 1190 Vorst, BelgiumKBO/BCE: BE 0759.608.186
Summary

The computed 12-month bankruptcy probability of BD4 is 4.7% (elevated). The annual accounts of BD4 for fiscal year 2025 show a net loss of 56% of the equity at the start of that year. The 2025 annual accounts show equity of €64,258 and a net result of -€81,973. Equity is shrinking by ~22.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability28=
Solvency28▼-4
Growth32=
Track record94
Bankruptcy probability, 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
short-term debt: 0% and cash: 3% of total assets, and 97.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
20202122232425
2020 to 2025 · latest year -€81,973
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 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
on the day
2024
25 d late
2023
28 d late
2022
31 d late
2021
30 d late
2020
31 d late
2020
149 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 1 day before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 9 December 2020, BD4 was incorporated as a Private limited company.1 Total assets went from EUR 1.1 million in 2020 to EUR 2.2 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€81,973▲ 2.8%
2024 · -€84,366
Working capital
€66,065▼ 10.9%
2024 · €74,142
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€10,105▼ 553%-€8,251▲ 18.3%-€10,548▼ 27.8%-€10,600▼ 0.5%-€8,032▲ 24.2%
Net result€2,257▼ 96.6%€7,370▲ 227%-€84,394-€84,366=-€81,973▲ 2.8%
Equity€307,620▲ 0.7%€314,990▲ 2.4%€230,596▼ 26.8%€146,231▼ 36.6%€64,258▼ 56.1%
Total assets€2.2m▲ 86.0%€2.3m▲ 3.6%€2.3m▼ 0.4%€2.2m▼ 0.5%€2.2m▼ 0.4%
Debt€1.9m▲ 116%€2.0m▲ 3.8%€2.0m▲ 3.8%€2.1m▲ 3.6%€2.2m▲ 3.5%
Working capital€14,796€95,537▲ 546%€85,785▼ 10.2%€74,142▼ 13.6%€66,065▼ 10.9%
Result per fiscal year
Operating resultNet result
-€100,000-€75,000-€50,000-€25,000€0Operating result 2021: -€10,105-€10,105Net result 2021: €2,257€2,257Operating result 2022: -€8,251-€8,251Net result 2022: €7,370€7,370Operating result 2023: -€10,548-€10,548Net result 2023: -€84,394-€84,394Operating result 2024: -€10,600-€10,600Net result 2024: -€84,366-€84,366Operating result 2025: -€8,032-€8,032Net result 2025: -€81,973-€81,97320212022202320242025-€100,000-€75,000-€50,000-€25,000€0Operating result 2023: -€10,548-€10,500Net result 2023: -€84,394-€84,400Operating result 2024: -€10,600-€10,600Net result 2024: -€84,366-€84,400Operating result 2025: -€8,032-€8,030Net result 2025: -€81,973-€82,000202320242025
The operating result stays negative: a loss of €8,032 in 2025 against €10,600 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets €2.2m =
Current assets €66,729 ▼ 10.8%
Equity and liabilities €2.2m
Equity €64,258 ▼ 56.1%
Debt €2.2m ▲ 3.5%
Debt's share of the balance-sheet total rises from 93.5% to 97.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
33.81▲
2024 · 14.35
ROE
-127.6%▼
2024 · -57.7%
ROA
-3.7%▲
2024 · -3.8%
Debt ≤ 1 year
€664=
2024 · €664
Debt > 1 year
€2.2m▲
2024 · €2.1m
A ratio outside any meaningful range has been withheld (balance sheet total €2.2m, equity €64,258).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.2m€2.2m▼
Fixed assets21/28€2.2m€2.2m=
Financial fixed assets28€2.2m€2.2m=
Current assets29/58€74,806€66,729▼
Cash at bank and in hand54/58€74,806€66,729▼
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.2m▼
Equity10/15€146,231€64,258▼
Contributions10/11€280,000€280,000=
Profit (loss) carried forward14-€133,769-€215,742▼
Amounts payable17/49€2.1m€2.2m▲
Amounts payable after more than one year17€2.1m€2.2m▲
Financial debts170/4€2.1m€2.2m▲
Amounts payable within one year42/48€664€664=
Trade debts44€557€557=
Suppliers440/4€557€557=
Other amounts payable47/48€107€107=
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Other operating charges640/8€968€998▲
Gross operating margin9900-€9,632-€7,033▲
Operating profit (loss)9901-€10,600-€8,032▲
Financial charges65/66B€73,766€73,941▲
Recurring financial charges65€73,766€73,941▲
Profit (loss) for the period before taxes9903-€84,366-€81,973▲
Profit (loss) for the period9904-€84,366-€81,973▲
Profit (loss) for the period to be appropriated9905-€84,366-€81,973▲
Appropriation of the result
Profit (loss) to be appropriated9906-€133,769-€215,742▼
Profit (loss) brought forward from the previous period14P-€49,404-€133,769▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€695€892€978€968€998▲ 3.2%
Gross operating margin9900-€9,410-€7,359-€9,571-€9,632-€7,033▲ 27.0%
Operating profit (loss)9901-€10,105-€8,251-€10,548-€10,600-€8,032▲ 24.2%
Financial income75/76B€47,500€89,800----
Recurring financial income75€47,500€89,800----
Financial charges65/66B€35,138€74,179€73,845€73,766€73,941▲ 0.2%
Recurring financial charges65€35,138€74,179€73,845€73,766€73,941▲ 0.2%
Profit (loss) for the period before taxes9903€2,257€7,370-€84,394-€84,366-€81,973▲ 2.8%
Profit (loss) for the period9904€2,257€7,370-€84,394-€84,366-€81,973▲ 2.8%
Profit (loss) for the period to be appropriated9905€2,257€7,370-€84,394-€84,366-€81,973▲ 2.8%
Line20212022202320242025Change
Assets
Total assets20/58€2.2m€2.3m€2.3m€2.2m€2.2m▼ 0.4%
Fixed assets21/28€2.2m€2.2m€2.2m€2.2m€2.2m=
Financial fixed assets28€2.2m€2.2m€2.2m€2.2m€2.2m=
Current assets29/58€17,282€96,369€86,449€74,806€66,729▼ 10.8%
Cash at bank and in hand54/58€17,282€96,369€86,449€74,806€66,729▼ 10.8%
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.3m€2.3m€2.2m€2.2m▼ 0.4%
Equity10/15€307,620€314,990€230,596€146,231€64,258▼ 56.1%
Contributions10/11€280,000€280,000€280,000€280,000€280,000=
Profit (loss) carried forward14€27,620€34,990-€49,404-€133,769-€215,742▼ 61.3%
Amounts payable17/49€1.9m€2.0m€2.0m€2.1m€2.2m▲ 3.5%
Amounts payable after more than one year17€1.9m€2.0m€2.0m€2.1m€2.2m▲ 3.5%
Financial debts170/4€1.9m€2.0m€2.0m€2.1m€2.2m▲ 3.5%
Amounts payable within one year42/48€2,486€832€664€664€664=
Trade debts44€2,379€725€557€557€557=
Suppliers440/4€2,379€725€557€557€557=
Other amounts payable47/48€107€107€107€107€107=
Accrued charges and deferred income492/3€348€24€972€0--
Line20212022202320242025Change
Profit (loss) for the period9904€2,257€7,370-€84,394-€84,366-€81,973▲ 2.8%
Operating cash flow (approximation)€2,257€7,370-€84,394-€84,366-€81,973▲ 2.8%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€79,087-€9,920-€11,643-€8,077▲ 30.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
31-12
Financial Weakest financial yearnet -€84,394
Net result drops to -€84,394, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial Liquidity times 17current ratio 115.78
Current ratio from 6.95 to 115.78; short-term debt falls from €2,486 to €832.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial Liquidity times 79current ratio 6.95
Current ratio from 0.09 to 6.95; short-term debt falls from €870,851 to €2,486.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 31 days late
26-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Back to profitnet €66,314
Net result €66,314 after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Vorst
exact location from the address register On OpenStreetMap
Ground area
5,009 m²
Building footprint
1,300 m²
Volume, LiDAR
16,967 m³
Parcel 21007A0063/00S009, Brussels · tallest building 21.3 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21007A0063/00S009 Brussels 5,009 m² 1 · 1,300 m² 21.3 m · 4 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.

Structure & network

Owners and holdings

1 owner · 1 holding

Owners 1

Holdings 1

  • TALARIAN SARL B-197.857LU
    Equity -€186,401Result €60,117
    20%

According to the 2025 annual accounts of BD4 and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Company details

Identification
Legal formPrivate limited company
Founded09-12-2020
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

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