C4V
C4V has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317k and a net result of €28k. Equity is shrinking by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 24% of 1680 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €317k |
| Net result | €28k |
| Staff (FTE) | 1.6 |
| Better than sector | 24% |
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 22.5% | 42.0% | |
| Net result | €28k | €61k | |
| Equity | €317k | €626k | |
| Gross operating margin | €389k | €338k | |
| Staff costs | €69k | €143k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €314k | €203k | €269k | €312k | €368k |
| Net profit | €28k | €-57k | €8k | €68k | €107k |
| Cash flow | €290k | €182k | €236k | €278k | €320k |
| Staff costs | €69k | €52k | €52k | €48k | €33k |
| Income taxes | €4k | €240 | €3k | €8k | €16k |
| Dividends | €79k | €356k | - | - | - |
| Total assets | €1.41M | €1.58M | €1.94M | €2.04M | €2.16M |
| Equity | €317k | €369k | €782k | €774k | €706k |
| Debt | €1.09M | €1.21M | €1.16M | €1.26M | €1.45M |
| of which ≤ 1y | €691k | €718k | €516k | €413k | €471k |
| of which > 1y | €400k | €494k | €638k | €848k | €980k |
| Working capital | €-60k | €-97k | €360k | €396k | €416k |
| Employees (FTE) | 1.6 | 1.6 | 1.6 | 1.6 | 1.3 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.91 | 0.87 | 1.70 | 1.96 | 1.88 |
| Quick ratio | 0.91 | 0.84 | 1.57 | 1.48 | 1.10 |
| Working capital ratio | -4.2% | -6.1% | 18.6% | 19.4% | 19.3% |
| Solvency | 22.5% | 23.3% | 40.3% | 38.0% | 32.7% |
| Debt / equity | 3.44 | 3.29 | 1.48 | 1.63 | 2.06 |
| Long-term debt ratio | 1.26 | 1.34 | 0.82 | 1.10 | 1.39 |
| Interest coverage | 15.84 | 9.27 | 9.25 | 11.50 | 11.32 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 2.0% | -3.6% | 0.4% | 3.3% | 4.9% |
| ROE | 8.8% | -15.4% | 1.0% | 8.8% | 15.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.41M | €1.58M | €1.94M | €2.04M | €2.16M |
| Fixed assets | 21/28 | €777k | €960k | €1.06M | €1.23M | €1.27M |
| Tangible fixed assets | 22/27 | €777k | €960k | €1.06M | €1.23M | €1.27M |
| Current assets | 29/58 | €632k | €621k | €876k | €809k | €887k |
| Stocks & contracts in progress | 3 | - | €21k | €64k | €196k | €370k |
| Amounts receivable within one year | 40/41 | €203k | €419k | €270k | €379k | €342k |
| Cash & bank | 54/58 | €397k | €158k | €542k | €233k | €164k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.41M | €1.58M | €1.94M | €2.04M | €2.16M |
| Equity | 10/15 | €317k | €369k | €782k | €774k | €706k |
| Contributions / capital | 10/11 | €33k | €33k | €33k | €33k | €33k |
| Reserves | 13 | €233k | €285k | €641k | €633k | €565k |
| Accumulated profits (losses) | 14 | €51k | €51k | €108k | €108k | €108k |
| Amounts payable | 17/49 | €1.09M | €1.21M | €1.16M | €1.26M | €1.45M |
| Amounts payable after one year | 17 | €400k | €494k | €638k | €848k | €980k |
| Amounts payable within one year | 42/48 | €691k | €718k | €516k | €413k | €471k |
| Trade debts payable within one year | 44 | €30k | €78k | €81k | €13k | €7k |
| Income statement | ||||||
| Gross operating margin | 9900 | €389k | €265k | €327k | €367k | €408k |
| Operating result | 9901 | €52k | €-35k | €40k | €103k | €155k |
| Financial income | 75 | €351 | €749 | €145 | €25 | €87 |
| Financial charges | 65 | €20k | €22k | €29k | €27k | €32k |
| Result before taxes | 9903 | €32k | €-57k | €11k | €75k | €122k |
| Income taxes | 67/77 | €4k | €240 | €3k | €8k | €16k |
| Net result for the period | 9904 | €28k | €-57k | €8k | €68k | €107k |
| Result to be appropriated | 9905 | €28k | €-57k | €8k | €68k | €107k |
-
COOLS Martine Carine MariaDirectorState Gazette act 24327000 (15-01-2024)Current15-01-2024 → present
-
VERSTRYNGE Nicolaas Rudi AlexDirectorState Gazette act 24327000 (15-01-2024)Current15-01-2024 → present
| NACE primary | Crop and animal production, hunting and related service activities(01471) |
| Legal form | Private limited company(610) |
| Incorporation | 04-05-2010 |
| Status | Active |
| Postal code | 9988 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43017B0742/00H000 | Flanders | 1.4 ha | 1 · 807 m² | 7.2 m · 2 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
15-01-2024 2 directors appointed
- COOLS Martine Carine Maria, Bestuurder
- VERSTRYNGE Nicolaas Rudi Alex, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "COOLS Martine Carine Maria",
"address": "9988 Sint-Laureins (Watervliet), Blekkersdijk(WAT) 6",
"birth_date": "1958-02-24",
"profession": null,
"birth_place": "Sint-Laureins"
},
"reason": null,
"subkind": "renewal",
"via_org": null,
"statutory": "niet_statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VERSTRYNGE Nicolaas Rudi Alex",
"address": "9970 Kaprijke, Stationsstraat 6",
"birth_date": "1990-05-08",
"profession": null,
"birth_place": "Gent"
},
"reason": null,
"subkind": "renewal",
"via_org": null,
"statutory": "niet_statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Bart Van de Keere",
"firm_city": null,
"firm_name": "Notariaat Sleidinge geassocieerde notarissen",
"office_city": "Evergem-Sleidinge",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-15",
"filing_date": "2024-01-11",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-01-09",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2024-01-09",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2024-01-09",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2024-01-09",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0825.624.408",
"name_full": "C4V",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Bart Van de Keere",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expeditie pv buitengewone algemene vergadering",
"co\u00F6rdinatie van de statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | C4V |