FOUR BY FIVE (1014.823.205): financials and annual accounts

FOUR BY FIVE

Ghent ·KBO/BCE: BE 1014.823.205

Line	2025	2024
Balance sheet: assets
Total assets`20/58`	118,210	80,517
Fixed assets`21/28`	36,645	17,421
Tangible fixed assets`22/27`	36,645	17,421
Plant, machinery and equipment`23`	22,697	15,803
Furniture and vehicles`24`	13,948	1,617
Current assets`29/58`	81,565	63,097
Amounts receivable within one year`40/41`	23,344	33,675
Trade receivables`40`	21,928	30,048
Other amounts receivable`41`	1,416	3,628
Cash at bank and in hand`54/58`	57,950	29,103
Deferred charges and accrued income`490/1`	270	319
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	118,210	80,517
Equity`10/15`	68,997	11,774
Contributions`10/11`	2,000	2,000
Reserves`13`	66,997	9,774
Distributable reserves`133`	66,997	9,774
Profit (loss) carried forward`14`	0	0
Amounts payable`17/49`	49,213	68,743
Amounts payable within one year`42/48`	48,613	68,743
Financial debts`43`	1,140	2,380
Credit institutions`430/8`	1,140	2,380
Trade debts`44`	12,295	45,488
Suppliers`440/4`	12,295	45,488
Taxes, remuneration and social security`45`	17,653	2,783
Taxes`450/3`	17,653	2,783
Other amounts payable`47/48`	17,526	18,092
Accrued charges and deferred income`492/3`	600	-
Income statement
Gross operating margin`9900`	82,063	14,638
Remuneration, social security and pensions`62`	0	464
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	8,070	386
Other operating charges`640/8`	1,102	387
Operating profit (loss)`9901`	72,892	13,401
Financial income`75/76B`	1	-
Recurring financial income`75`	1	-
Financial charges`65/66B`	267	11
Recurring financial charges`65`	267	11
Profit (loss) for the period before taxes`9903`	72,625	13,390
Income taxes`67/77`	14,569	2,783
Profit (loss) for the period`9904`	58,056	10,607
Profit (loss) for the period to be appropriated`9905`	58,056	10,607
Appropriation of the result
Profit (loss) to be appropriated`9906`	58,056	10,607
Transfer to equity`691/2`	57,223	9,774
To other reserves`6921`	57,223	9,774
Profit to be distributed`694/7`	833	833
Return on contributions (dividend)`694`	833	833
Document	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	04-08-2026	2026-00379576	PDF
31-12-2024	micro format	18-08-2025	2025-00381314	PDF

Line	2025	2024
EBITDA	80,962	13,787
Cash flow	66,126	10,993
Investment in fixed assets	27,295	17,806
Change in cash	28,847	-
Working capital	32,952	-5,646
Solvency	58.4%	14.6%
Current ratio	1.68	0.92
Debt to equity	0.71	5.84
ROE	84.1%	90.1%
ROA	49.1%	13.2%
Interest coverage	over 100	over 100

Item	2025	2024
Tangible fixed assets	€27,295	€17,806
Depreciation and write-downs of the year	€8,070	€386

FOUR BY FIVE

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency58.4%

Current ratio1.68

Return on assets49.1%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on FOUR BY FIVE

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