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EA4C

Active
Private limited companyfounded 2012active for 14 yearsKantonstraat 64a, 9320 Aalst, BelgiumKBO/BCE: BE 0849.886.680

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 31-12-2025 PDF all 12 filings

Equity
€71,656▼ 17.4%
2024 · €86,788
Total assets
€108,813▼ 50.5%
2024 · €220,037
Net result
-€5,131
2024 · €4,212
Working capital
€71,656▼ 17.4%
2024 · €86,788
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is a loss of €4,592, after a profit of €7,368 in 2024. It is the lowest result since 2021.

Operating result-€4,592 2025 Net result-€5,131 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€6,225-€13,624€40,603▲ 198%€12,917▼ 68.2%€7,576▼ 41.3%€7,368▼ 2.7%-€4,592
Net result-€6,384-€10,000within the sector's middle half€27,062within the sector's middle half▲ 171%€8,261within the sector's middle half▼ 69.5%€5,342within the sector's middle half▼ 35.3%€4,212within the sector's middle half▼ 21.1%-€5,131below the sector's middle half
Equity€31,910-€41,910within the sector's middle half▲ 31.3%€68,973within the sector's middle half▲ 64.6%€77,234within the sector's middle half▲ 12.0%€82,576within the sector's middle half▲ 6.9%€86,788within the sector's middle half▲ 5.1%€71,656within the sector's middle half▼ 17.4%
Total assets€33,566-€72,092within the sector's middle half▲ 115%€168,779within the sector's middle half▲ 134%€145,407within the sector's middle half▼ 13.8%€162,368within the sector's middle half▲ 11.7%€220,037within the sector's middle half▲ 35.5%€108,813within the sector's middle half▼ 50.5%
Debt€1,656-€30,182▲ 18×€99,806▲ 231%€68,173▼ 31.7%€79,792▲ 17.0%€133,250▲ 67.0%€37,157▼ 72.1%
Working capital€28,910-€35,325within the sector's middle half▲ 22.2%€61,543within the sector's middle half▲ 74.2%€74,721within the sector's middle half▲ 21.4%€81,914within the sector's middle half▲ 9.6%€86,788within the sector's middle half▲ 6.0%€71,656within the sector's middle half▼ 17.4%
Solvency95.1%-58.1%within the sector's middle half▼ 36.9pp40.9%within the sector's middle half▼ 17.3pp53.1%within the sector's middle half▲ 12.3pp50.9%within the sector's middle half▼ 2.3pp39.4%within the sector's middle half▼ 11.4pp65.9%within the sector's middle half▲ 26.4pp
Current ratio18.46-2.17within the sector's middle half▼ 16.281.62within the sector's middle half▼ 0.552.10within the sector's middle half▲ 0.482.03within the sector's middle half▼ 0.071.65within the sector's middle half▼ 0.382.93within the sector's middle half▲ 1.28
Return on assets (ROA)-19.0%-13.9%within the sector's middle half▲ 32.9pp16.0%within the sector's middle half▲ 2.2pp5.7%within the sector's middle half▼ 10.4pp3.3%within the sector's middle half▼ 2.4pp1.9%within the sector's middle half▼ 1.4pp-4.7%below the sector's middle half▼ 6.6pp
above within below The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €108,813
Equity €71,656 ▼ 17.4%
Debt €37,157 ▼ 72.1%
Debt's share of the balance-sheet total falls from 60.6% to 34.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.52▼
2024 · 1.54
ROE
-7.2%▼
2024 · 4.9%
Debt ≤ 1 year
€37,157▼
2024 · €133,250
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as EA4C: urban planning and landscape architecture (NACE 71113). They are comparable in size and age: total assets between €81,500 and €138,000, founded between 2009 and 2014.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
EA4C Aalst2012€108,813€71,656-€4,448-€5,1312025
LUX LANDSCAPE URBANISM Antwerpen2013€95,103€81,178-€146-€1,0662025
REJKO Blankenberge2011€95,039€95,023-€20,792-€26,9182025
DEMURGER Beersel2014€120,608€77,017-€19,432-€51,0902025
Architectuuratelier Benoit Ottevaere Oudenaarde2011€81,538€11,274-€15,799-€3,6102025
PLANTSCAPE'S HORTICULTURAL SERVICE Overijse2014€138,498€91,228-€595-€8,6752025
JARDIDEES Etterbeek2009€95,208€71,310-€532€4062025

They were chosen from the 675 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 6,908 companies had the same profile as EA4C has now. Two years later, 1.1% had gone bankrupt and 90.9% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
90.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of EA4C itself is lower: < 0.1% within 12 months. It rests on far more data about EA4C than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,908 companies, not a prediction for EA4C. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines

Source: Annual accounts 2025 (PDF), filed on 31-12-2025.

Balance sheet Code20242025
Assets
Total assets20/58€220,037€108,813▼
Current assets29/58€220,037€108,813▼
Amounts receivable within one year40/41€157,868€67,358▼
Trade receivables40€151,552€45,381▼
Other amounts receivable41€6,316€21,977▲
Cash at bank and in hand54/58€62,169€41,455▼
Equity and liabilities
Total equity and liabilities10/49€220,037€108,813▼
Equity10/15€86,788€71,656▼
Contributions10/11€18,600€18,600=
Contributions outside capital11€18,600€18,600=
Other1109/19€18,600€18,600=
Reserves13€56,738€46,738▼
Distributable reserves133€56,738€46,738▼
Profit (loss) carried forward14€11,450€6,319▼
Amounts payable17/49€133,250€37,157▼
Amounts payable within one year42/48€133,250€37,157▼
Trade debts44€133,215€27,170▼
Suppliers440/4€133,215€27,170▼
Other amounts payable47/48€35€9,986▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€662-
Other operating charges640/8€141€144▲
Gross operating margin9900€8,170-€4,448▼
Operating profit (loss)9901€7,368-€4,592▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€552€539▼
Recurring financial charges65€552€539▼
Profit (loss) for the period before taxes9903€6,817-€5,131▼
Income taxes67/77€2,604-
Profit (loss) for the period9904€4,212-€5,131▼
Profit (loss) for the period to be appropriated9905€4,212-€5,131▼
Appropriation of the result
Profit (loss) to be appropriated9906€15,662€6,319▼
Profit (loss) brought forward from the previous period14P€11,450€11,450=
Transfer from equity791/2-€10,000
Transfer to equity691/2€4,212-
To other reserves6921€4,212-
Profit to be distributed694/7-€10,000
Return on contributions (dividend)694-€10,000

The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€67€1,255€1,917€1,851€662--
Other operating charges640/8---€242€132€141€144▲ 2.6%
Gross operating margin9900-€5,779€13,909€41,969€15,076€9,559€8,170-€4,448-
Operating profit (loss)9901-€6,225€13,624€40,603€12,917€7,576€7,368-€4,592-
Financial income75/76B----€1,175€0--
Recurring financial income75--€41-€1,175€0--
Financial charges65/66B---€246€288€552€539▼ 2.3%
Recurring financial charges65€159€308€139€246€288€552€539▼ 2.3%
Profit (loss) for the period before taxes9903-€6,384€13,316€40,505€12,671€8,463€6,817-€5,131-
Income taxes67/77€0€3,316€13,443€4,409€3,121€2,604--
Profit (loss) for the period9904-€6,384€10,000€27,062€8,261€5,342€4,212-€5,131-
Profit (loss) for the period to be appropriated9905-€6,384€10,000€27,062€8,261€5,342€4,212-€5,131-
Line2019202020212022202320242025Change
Assets
Total assets20/58€33,566€72,092€168,779€145,407€162,368€220,037€108,813▼ 50.5%
Fixed assets21/28€3,000€6,585€7,430€2,513€662---
Tangible fixed assets22/27-€3,585€4,430€2,513€662---
Plant, machinery and equipment23---€2,513€662---
Financial fixed assets28€3,000€3,000€3,000-----
Current assets29/58€30,566€65,507€161,349€142,894€161,706€220,037€108,813▼ 50.5%
Amounts receivable within one year40/41€4,456€14,525€34,510€79,520€134,839€157,868€67,358▼ 57.3%
Trade receivables40---€63,876€113,600€151,552€45,381▼ 70.1%
Other amounts receivable41---€15,644€21,238€6,316€21,977▲ 248%
Cash at bank and in hand54/58€26,110€50,982€126,839€63,374€26,867€62,169€41,455▼ 33.3%
Equity and liabilities
Total equity and liabilities10/49€33,566€72,092€168,779€145,407€162,368€220,037€108,813▼ 50.5%
Equity10/15€31,910€41,910€68,973€77,234€82,576€86,788€71,656▼ 17.4%
Contributions10/11€18,600--€18,600€18,600€18,600€18,600=
Contributions outside capital11---€18,600€18,600€18,600€18,600=
Other1109/19---€18,600€18,600€18,600€18,600=
Reserves13€1,860€11,860€38,923€47,184€52,526€56,738€46,738▼ 17.6%
Distributable reserves133---€47,184€52,526€56,738€46,738▼ 17.6%
Profit (loss) carried forward14€11,450€11,450€11,450€11,450€11,450€11,450€6,319▼ 44.8%
Amounts payable17/49€1,656€30,182€99,806€68,173€79,792€133,250€37,157▼ 72.1%
Amounts payable within one year42/48€1,656€30,182€99,806€68,173€79,792€133,250€37,157▼ 72.1%
Trade debts44€702€25,706€94,167€68,173€79,790€133,215€27,170▼ 79.6%
Suppliers440/4---€68,173€79,790€133,215€27,170▼ 79.6%
Other amounts payable47/48----€3€35€9,986▲ 285×
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€6,384€10,000€27,062€8,261€5,342€4,212-€5,131-
+ Depreciation and write-downs630-€67€1,255€1,917€1,851€662--
Operating cash flow (approximation)-€6,384€10,067€28,318€10,178€7,193€4,874-€5,131-
Investment in fixed assets (approximation)--€3,652-€2,100€3,000€0---
Change in cash-€24,872€75,857-€63,465-€36,506€35,302-€20,714-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 31-12-2025 2026-00000257 PDF
30-06-2024 micro format 20-12-2024 2024-00624637 PDF
30-06-2023 micro format 29-01-2024 2024-00021848 PDF
30-06-2022 micro format 23-12-2022 2022-20547613 PDF
30-06-2021 micro format 23-12-2021 2021-81600136 PDF
30-06-2020 micro format 26-01-2021 2021-01900595 PDF
30-06-2019 micro format 29-01-2020 2020-02900221 PDF
30-06-2018 micro format 30-01-2019 2019-03600363 PDF
30-06-2017 micro format 29-01-2018 2018-03200349 PDF
30-06-2016 abbreviated format 21-12-2016 2016-71000178 PDF

Show all 12 filings

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