Essential4
ActiveEssential4 has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €372k and a net result of €-68k. Equity is shrinking by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 39% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▲+23
Solvency45▼-3
Growth32=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.09 in 2024; short-term debt: 12.4% and cash: 0.3% of total assets), and 79.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 2025Net result per financial year
232425
2023 to 2025 · latest year €-68k
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 01-07-2026, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
30 d early
2024
35 d early
2023
182 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€104k
EBIT margin
-14.8%
Net result
€-68k▼ 0.5%
2024 · €-68k
2023: €-44k
2024: €-68k
2023 → 2025
Working capital
€-219k▼ 43.8%
2024 · €-152k
2023: €-85k
2024: €-152k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€104k
Equity€508k-€440k▼ 13.3%€372k▼ 15.4%
Operating result€-23k-€-11k▲ 51.5%€-15k▼ 36.0%
Net result€-44k-€-68k▼ 52.7%€-68k▼ 0.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2025 against €11k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.84M
Fixed assets
€1.83M▼ 5.5%
Current assets
€8k▼ 46.6%
Equity and liabilities €1.84M
Equity
€372k▼ 15.4%
Debt
€1.46M▼ 3.0%
The debt ratio rises from 77.4% to 79.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€92k▼
2024 · €96k
Cash flow
€39k▼
2024 · €39k
Solvency
20.3%▼
2024 · 22.6%
Current ratio
0.03▼
2024 · 0.09
Quick ratio
0.03▼
2024 · 0.09
Debt / equity
3.93▲
2024 · 3.43
ROE
-18.3%▼
2024 · -15.4%
ROA
-3.7%▼
2024 · -3.5%
Interest coverage
1.74▲
2024 · 1.70
Debt
€1.46M▼
2024 · €1.51M
Debt ≤ 1 year
€227k▲
2024 · €167k
Debt > 1 year
€1.24M▼
2024 · €1.34M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.95M€1.84M▼
Fixed assets21/28€1.93M€1.83M▼
Tangible fixed assets22/27€1.93M€1.83M▼
Land and buildings22€1.93M€1.83M▼
Current assets29/58€15k€8k▼
Amounts receivable within one year40/41€27€27▲
Other amounts receivable41€27€27▲
Cash at bank and in hand54/58€12k€6k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.95M€1.84M▼
Equity10/15€440k€372k▼
Contributions10/11€552k€552k=
Profit (loss) carried forward14€-112k€-180k▼
Amounts payable17/49€1.51M€1.46M▼
Amounts payable after more than one year17€1.34M€1.24M▼
Financial debts170/4€1.34M€1.24M▼
Amounts payable within one year42/48€167k€227k▲
Current portion of amounts payable after more than one year42€107k€107k=
Trade debts44€270€131▼
Suppliers440/4€270€131▼
Other amounts payable47/48€60k€120k▲
Accrued charges and deferred income492/3€300€1k▲
Income statement
Code20242025
Turnover70-€104k
Goods, raw materials, services and sundry goods60/61-€12k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€107k=
Other operating charges640/8€19k€15k▼
Gross operating margin9900€115k€107k▼
Operating profit (loss)9901€-11k€-15k▼
Financial charges65/66B€56k€53k▼
Recurring financial charges65€56k€53k▼
Profit (loss) for the period before taxes9903€-68k€-68k▼
Profit (loss) for the period9904€-68k€-68k▼
Profit (loss) for the period to be appropriated9905€-68k€-68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-112k€-180k▼
Profit (loss) brought forward from the previous period14P€-44k€-112k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment · Permanent representative5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment · Permanent representative5 facts ▸
- General meeting, 20/05/2026
- Auditor appointment, BDO Bedrijfsrevisoren BV (commissaris)
- Permanent representative, Michel Dupont
- Permanent representative, Gert Maris
- Power of attorney, KMG Societas BV
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
24-03
State Gazette act
Capital & shares · Statutes amendmentGeneral meeting · Board meeting · Net-asset statement5 facts ▸
State Gazette act
Capital & shares · Statutes amendment
General meeting · Board meeting · Net-asset statement5 facts ▸
- General meeting, 13/07/2023
- Board meeting, 13/07/2023
- Net-asset statement, 13/07/2023
- Capital decrease, €1.600.000
- Power of attorney, directors of e1
2025
31-12
Financial
Weakest financial yearnet €-68k
Net result drops to €-68k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 182 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2022
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.
Spelonckvaart 469180 LokerenGround area
2,653 m²
Building footprint
562 m²
Parcel 44045K1039/00S000, Flanders. Linked by address, not a title deed.
1 establishment unit
Essential4
since 20222.336.983.584
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44045K1039/00S000 | Flanders | 2,653 m² | 1 · 562 m² | - |
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.
Statutory auditor
1 auditor| BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESCurrent Statutory auditor | 28-07-2026 → present |
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Of 7,322 companies in sector 68110 we hold annual accounts for 5,382. 3,801 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-2022
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.