d4front
d4front has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €-3k. Equity is growing by ~149.7% per year across the filed fiscal years. Its solvency ranks better than 72% of 3369 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
| Equity | €19k |
| Net result | €-3k |
| Better than sector | 72% |
| Active | 3 yrs |
Strong profile, led by 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 | 72.4% | 50.2% | |
| Net result | €-3k | €9k | |
| Equity | €19k | €43k | |
| Gross operating margin | €3k | €27k | |
| Staff costs | €538 | €27k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €2k | €80k | €-48k |
| Net profit | €-3k | €71k | €-49k |
| Cash flow | €2k | €74k | €-48k |
| Staff costs | €538 | €40k | €9k |
| Income taxes | €155 | €6k | - |
| Dividends | - | - | - |
| Total assets | €27k | €79k | €23k |
| Equity | €19k | €22k | €-48k |
| Debt | €7k | €57k | €71k |
| of which ≤ 1y | €7k | €56k | €70k |
| of which > 1y | - | - | - |
| Working capital | €12k | €11k | €-50k |
| Employees (FTE) | - | 1.0 | 0.3 |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 2.68 | 1.20 | 0.29 |
| Quick ratio | 2.68 | 1.20 | 0.29 |
| Working capital ratio | 46.3% | 13.9% | -219.3% |
| Solvency | 72.4% | 28.4% | -212.6% |
| Debt / equity | 0.38 | 2.52 | -1.47 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 41.16 | 1454.75 | -398.27 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -12.4% | 89.2% | -217.0% |
| ROE | -17.1% | 314.0% | 102.1% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (21 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €27k | €79k | €23k |
| Fixed assets | 21/28 | €7k | €12k | €2k |
| Tangible fixed assets | 22/27 | €7k | €12k | €2k |
| Current assets | 29/58 | €20k | €67k | €20k |
| Amounts receivable within one year | 40/41 | €10k | €33k | - |
| Cash & bank | 54/58 | €10k | €34k | €16k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €27k | €79k | €23k |
| Equity | 10/15 | €19k | €22k | €-48k |
| Contributions / capital | 10/11 | €1k | €1k | €1k |
| Accumulated profits (losses) | 14 | €18k | €21k | €-49k |
| Amounts payable | 17/49 | €7k | €57k | €71k |
| Amounts payable within one year | 42/48 | €7k | €56k | €70k |
| Trade debts payable within one year | 44 | €623 | €3k | €237 |
| Income statement | ||||
| Gross operating margin | 9900 | €3k | €120k | €-39k |
| Operating result | 9901 | €-3k | €77k | €-49k |
| Financial income | 75 | €15 | €1 | €4 |
| Financial charges | 65 | €55 | €55 | €121 |
| Result before taxes | 9903 | €-3k | €77k | €-49k |
| Income taxes | 67/77 | €155 | €6k | - |
| Net result for the period | 9904 | €-3k | €71k | €-49k |
| Result to be appropriated | 9905 | €-3k | €71k | €-49k |
| NACE primary | Other professional, scientific and technical activities(74999) |
| Legal form | Private limited company(610) |
| Incorporation | 07-11-2022 |
| Status | Active |
| Postal code | 2980 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11017A0438/00E000 | Flanders | 664 m² | 1 · 115 m² | 9.5 m · 2 fl. |
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.
12-12-2025 Registered office moved from Machelen to Zoersel
- Pegasuslaan 5, 1831 Machelen → Melkweg 43, 2980 Zoersel
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Zoersel",
"region": null,
"street": "Melkweg",
"country": "BE",
"postcode": "2980",
"box_number": null,
"street_number": "43"
},
"old_address": {
"city": "Machelen",
"region": null,
"street": "Pegasuslaan",
"country": "BE",
"postcode": "1831",
"box_number": null,
"street_number": "5"
},
"effective_date": "2025-10-01",
"evidence_quote": "Er wordt beslist met \u00E9\u00E9nparigheid van de stemmen om de maatschappelijke zetel te verplaatsen op heden 01/10/2025 naar Melkweg 43, 2980 Zoersel."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0793.353.397",
"name_full": "D4FRONT",
"legal_form": "BV"
}
}09-11-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "1831 Machelen, Pegasuslaan 5",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "LEGON Anne-Claire Katrien Adhemar",
"niss": null,
"address": "3370 Boutersem, Velpestraat 1"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 200,
"holder_person_name": "LEGON Anne-Claire Katrien Adhemar",
"is_subscriber_only": false,
"n_shares_subscribed": 200,
"amount_subscribed_eur": 200,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "JAUBIN Jelle Gert Emilio",
"niss": null,
"address": "3370 Boutersem, Velpestraat 1"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 800,
"holder_person_name": "JAUBIN Jelle Gert Emilio",
"is_subscriber_only": false,
"n_shares_subscribed": 800,
"amount_subscribed_eur": 800,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 1000,
"subject_company": {
"kbo": "0793.353.397",
"name_full": "d4front",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-10-27",
"post_incorporation_mandates": []
}| Legal nameNL | d4front |