De Vier Wegen

Open bankruptcy

Private limited company (pre-2019)founded 1993KBO/BCE: BE 0449.524.526

A bankruptcy procedure is open for De Vier Wegen according to publications in the Belgian State Gazette; curator: Koen VANDER STUYFT. The 2017 annual accounts show equity of €27k and a net result of €7k.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 27-08-2018, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

not filed

← before the deadline after the deadline →

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

Financials · fiscal year 2017, abbreviated schema

Equity

€27k▲ 33.1%

2016 · €20k

2013: €34k 2014: €21k 2015: €19k 2016: €20k

2013 → 2017

Total assets

€38k▲ 6.5%

2016 · €36k

2013: €44k 2014: €29k 2015: €31k 2016: €36k

2013 → 2017

Net result

€7k▲ 451%

2016 · €1k

2013: €516 2014: €-13k 2015: €-3k 2016: €1k

2013 → 2017

Working capital

€17k▲ 95.6%

2016 · €9k

2013: €18k 2014: €10k 2015: €6k 2016: €9k

2013 → 2017

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20132014201520162017Trend

Equity€34k-€21k▼ 37.5%€19k▼ 12.8%€20k▲ 6.4%€27k▲ 33.1%

Operating result€1k-€-12k€-2k▲ 80.0%€2k€9k▲ 453%

Net result€516-€-13k€-3k▲ 78.6%€1k€7k▲ 451%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2014 the operating result has climbed three years in a row; 2017 is 453% above 2016 and is the highest year so far.

Balance-sheet composition

2017 in colour, 2016 as the grey bar beneath

Assets €38k

25.5%

74.5%

Fixed assets €10k▼ 13.7%

Current assets €29k▲ 15.8%

Equity and liabilities €38k

68.9%

31.1%

Equity €27k▲ 33.1%

Debt €12k▼ 26.2%

The debt ratio falls from 44.9% to 31.1%: equity grows while debt is paid down.

Key figures and ratios

2017 value · change against 2016

EBITDA

€12k▲

2016 · €5k

Cash flow

€10k▲

2016 · €4k

Solvency

68.9%▲

2016 · 55.1%

Current ratio

2.39▲

2016 · 1.53

Quick ratio

2.39▲

2016 · 1.53

ROE

24.9%▲

2016 · 6.0%

ROA

17.1%▲

2016 · 3.3%

Debt

€12k▼

2016 · €16k

Debt ≤ 1 year

€12k▼

2016 · €16k

Income taxes

€2k▲

2016 · €255

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2017 against 2016

Balance sheet Code20162017

Assets

Total assets20/58€36k€38k▲

Fixed assets21/28€11k€10k▼

Tangible fixed assets22/27€11k€10k▼

Current assets29/58€25k€29k▲

Amounts receivable within one year40/41€15k€17k▲

Cash at bank and in hand54/58€8k€11k▲

Equity and liabilities

Total equity and liabilities10/49€36k€38k▲

Equity10/15€20k€27k▲

Contributions10/11€19k€19k=

Reserves13€3k€8k▲

Profit (loss) carried forward14€-2k€-3k▼

Amounts payable17/49€16k€12k▼

Amounts payable within one year42/48€16k€12k▼

Trade debts44€3k€1k▼

Income statement Code20162017

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲

Gross operating margin9900€8k€20k▲

Operating profit (loss)9901€2k€9k▲

Recurring financial charges65€185€88▼

Profit (loss) for the period before taxes9903€1k€9k▲

Income taxes67/77€255€2k▲

Profit (loss) for the period9904€1k€7k▲

Profit (loss) for the period to be appropriated9905€1k€7k▲

Download as CSV

Timeline · acts, filings and financial milestones

All 14Signals 1Financial 3Filings 10

2020

06-07

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Oudenaarde · DE VIER WEGEN BV MARKT 1, 9500 GERAARDSBERGEN · event 30-06-2020

2018

27-08

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 27 days late

2017

31-12

Financial Highest result since 2013net €7k ▲451%

Operating result €9k, net result €7k, both a record.

30-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 30 days late

2016

31-12

Financial Back to profitnet €1k

Net result €1k after 2 loss-making years.

26-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 26 days late

2015

07-08

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema · 7 days late

2014

31-12

Financial Weakest financial yearnet €-13k ▼2598%

Net result drops to €-13k, the lowest in the series.

30-09

NBB filing Annual accounts filed

fiscal year 2013 · abbreviated schema · 61 days late

2013

28-06

NBB filing Annual accounts filed

fiscal year 2012 · abbreviated schema

2012

18-06

NBB filing Annual accounts filed

fiscal year 2011 · abbreviated schema

2011

21-06

NBB filing Annual accounts filed

fiscal year 2010 · abbreviated schema

2010

11-06

NBB filing Annual accounts filed

fiscal year 2009 · abbreviated schema

2009

08-06

NBB filing Annual accounts filed

fiscal year 2008 · abbreviated schema

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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

1 establishment unit since 1993

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Ground area

69 m²

Building footprint

106 m²

Volume, LiDAR

1,121 m³

Parcel 41018B0284/00C000, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Breughel

NACE 5530105

since 19932.061.427.766

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41018B0284/00C000	Flanders	69 m²	1 · 105 m²	13.8 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate

Role	Name	Tenure
Curator	Koen VANDER STUYFT EINESTRAAT 22, 9700 OUDEN- AARDE	30-06-2020 → present

Similar companies · same sector, comparable size

Heist-op-den-Berg · Eq €27k

Middelkerke · Eq €27k

Of 13,832 companies in sector 56301 we hold annual accounts for 4,808. 3,995 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded01-03-1993

Fiscal year end31-12

Activities, NACEBEL

55401

56301Cafés and bars

Sources

Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.