FourC
ActiveSummary
FourC has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18.2m and a net result of €666,492. The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 20-08-2024 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.364.943.637 9280 Lebbeke, since 20-08-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
Board
- De heer SAELEN AntonManaging director
- De heer SAELEN Thomas Jan DriesDirector · since 20-08-2024
- Mevrouw SAELEN Margot Célestine JillDirector · since 20-08-2024
- Holdings
- Shares in 1 company IMMO44
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
Annual accounts 2025
- Gross margin
- -€21,789
- ▼ 139%
- Profit
- €666,492
- Equity
- €18.2m
- ▲ 3.8%
- Total assets
- €30.8m
- =
- 2025 accounts filed 10 days after the deadline
Turnover not published (abbreviated format)
Score breakdownraises riskLiquidity: current ratio 0.00, cash €293Founded in 2024lowers riskSize: total assets €30.8mNo main activity registeredShow the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 51% of medium-sized companies without a NACE code
Financial strength · tick: 2024
Average
Solvency
84+2
equity 59.1% of total assets
Liquidity
50=
short-term debt 3.0% · cash 0.0%
Profitability
43+6
return on assets 2.2%
Bankruptcy probability within 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 2.4%
10-2025: 2.4%● unchanged vs 09-2025
11-2025: 2.5%▲ +0.1 percentage points vs 10-2025
12-2025: 2.9%▲ +0.4 percentage points vs 11-2025highest value
01-2026: 1.3%▼ -1.6 percentage points vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.2%▼ -0.1 percentage points vs 03-2026
05-2026: 1.2%● unchanged vs 04-2026
06-2026: 1.2%● unchanged vs 05-2026
07-2026: 1.1%▼ -0.1 percentage points vs 06-2026
08-2026: 1.5%▲ +0.4 percentage points vs 07-2026
09-2026: 0.8%▼ -0.7 percentage points vs 08-2026lowest value
10-2026: 0.8%● unchanged vs 09-2026lowest value
11-2026: 0.8%● unchanged vs 10-2026lowest value
Credit of up to €1,200,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is insufficient, with a current ratio of 0.0 (0.0 in 2024), below 1. Short-term debt is 3% and cash 0% of total assets. 40.9% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, medium-sized). It does better than 41% of them on solvency, 35% on liquidity, 62% on profitability and 65% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 10 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
10 days late
2024
127 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 2 accounts on average 69 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 10 days after the deadline Filed on 10 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00393463.
Annual accounts 2025 filed on 10-08-2026 at the NBB all 2 filings
Equity
€18.2m▲ 3.8%
2024 · €17.5m
Total assets
€30.8m=
2024 · €30.8m
Net result
€666,492
2024 · -€9,107
Working capital
-€914,349▼ 25.9%
2024 · -€726,114
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
-€21,789
▼ 139%
2025
20242025
Net result
€666,492
2025
20242025
Equity
€18.2m
▲ 3.8%
2025
20242025
Total assets
€30.8m
=
2025
20242025
Debt
€12.6m
▼ 5.0%
2025
20242025
Working capital
-€914,349
▼ 25.9%
2025
20242025
Staff (FTE)
0
2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result-€0.009m--€0.02m▼ 139%
Net result-€0.009m-€0.7m
Equity€17.5m-€18.2m▲ 3.8%
Total assets€30.8m-€30.8m=
Debt€13.3m-€12.6m▼ 5.0%
Working capital-€0.7m--€0.9m▼ 25.9%
Staff (FTE)0-0
The operating result for 2025 is a loss of €21,789, larger than the loss of €9,115 in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30.8m
Fixed assets
€30.8m =
Current assets
€293 ▼ 39.4%
Equity and liabilities €30.8m
Equity
€18.2m ▲ 3.8%
Debt
€12.6m ▼ 5.0%
Debt's share of the balance-sheet total falls from 43.1% to 40.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.00▼
2024 · 0.00
Debt to equity
0.69▼
2024 · 0.76
ROE
3.7%▲
2024 · -0.1%
ROA
2.2%▲
2024 · 0.0%
Debt ≤ 1 year
€914,642▲
2024 · €726,597
Debt > 1 year
€11.6m▼
2024 · €12.5m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Financial fixed assets | €30.8m | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Gross operating margin9900 | -€9,115 | -€21,789 | ▼ 139% |
| Operating profit (loss)9901 | -€9,115 | -€21,789 | ▼ 139% |
| Financial income75/76B | €100 | €800,000 | ▲ 8,000× |
| Recurring financial income75 | €100 | €800,000 | ▲ 8,000× |
| Financial charges65/66B | €93 | €111,718 | ▲ 1,206× |
| Recurring financial charges65 | €93 | €111,718 | ▲ 1,206× |
| Profit (loss) for the period before taxes9903 | -€9,107 | €666,492 | - |
| Profit (loss) for the period9904 | -€9,107 | €666,492 | - |
| Profit (loss) for the period to be appropriated9905 | -€9,107 | €666,492 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €30.8m | €30.8m | = |
| Fixed assets21/28 | €30.8m | €30.8m | = |
| Financial fixed assets28 | €30.8m | €30.8m | = |
| Current assets29/58 | €483 | €293 | ▼ 39.4% |
| Cash at bank and in hand54/58 | €483 | €293 | ▼ 39.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €30.8m | €30.8m | = |
| Equity10/15 | €17.5m | €18.2m | ▲ 3.8% |
| Contributions10/11 | €17.5m | €17.5m | = |
| Profit (loss) carried forward14 | -€0.009m | €0.7m | - |
| Amounts payable17/49 | €13.3m | €12.6m | ▼ 5.0% |
| Amounts payable after more than one year17 | €12.5m | €11.6m | ▼ 7.0% |
| Other amounts payable178/9 | €12.5m | €11.6m | ▼ 7.0% |
| Amounts payable within one year42/48 | €0.7m | €0.9m | ▲ 25.9% |
| Current portion of amounts payable after more than one year42 | €0.7m | €0.9m | ▲ 23.2% |
| Trade debts44 | €387 | €0.001m | ▲ 91.6% |
| Suppliers440/4 | €387 | €0.001m | ▲ 91.6% |
| Other amounts payable47/48 | €0.009m | €0.03m | ▲ 236% |
| Accrued charges and deferred income492/3 | - | €0.03m | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€9,107 | €666,492 | - |
| Operating cash flow (approximation) | -€9,107 | €666,492 | - |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€190 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
4 directors, 1 in day-to-day management, no change since 2024
Board 4
De heer SAELEN Anton
Current
Director (not named in the articles) · since 20-08-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 10-08-2026
De heer SAELEN Thomas Jan Dries
Current
Director (not named in the articles) · since 20-08-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 10-08-2026
Mevrouw SAELEN Margot Célestine Jill
Current
Director (not named in the articles) · since 20-08-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 10-08-2026
Mevrouw SAELEN Mathilde Céline Marie
Current
Director (not named in the articles) · since 20-08-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 10-08-2026
Day-to-day management 1
De heer SAELEN Anton
Current
Managing director · appointed in the act of 22-08-2024
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“- hetzij twee bestuurders, gezamenlijk optredend; Zij moeten tegenover derden geen bewijs leveren van hun machten. Wanneer de vennootschap…”
deed of 22-08-2024Owners and capital
Shareholders
At incorporation
act of 22-08-2024 ↗
- SAELEN Margot Célestine Jill founder
- SAELEN Thomas Jan Dries founder
- SAELEN Anton founder
- SAELEN Mathilde Céline Marie founder
Capital transactions
Capital over time
- 26-05-2026 Capital increase of €24,879,964.20 · “inbreng 680 aandelen FASHION44”
- 22-08-2024 Incorporation · €17,514,198.75 · 4,000 shares
Mandate history
4 people, 4 in office
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| De heer SAELEN Anton |
|
| De heer SAELEN Thomas Jan Dries |
|
| Mevrouw SAELEN Margot Célestine Jill |
|
| Mevrouw SAELEN Mathilde Céline Marie |
|
Network & group
Holdings and subsidiaries
1 holding · 3 subsidiaries, including indirect onesHoldings 1
- IMMO44subsidiarySourceown accounts 2025Equity €11.4m Profit of €1.0m in 2025 (profit of €447,066 in 2024)100%
Companies at the same address
6 other companies- IMMO44 Registered office · since 2018 0701752636
- FASHION44 Registered office · since 2018 0700986930
- Cetex Sud Registered office · since 2015 0560708993
- IMMOCEL Registered office · since 1998 0463132339
- CETEX NOORD Registered office · since 1988 0433143897
- Caroline Registered office · since 1964 0400278715
Connections & network
4 current directorsThe network starts from the directors of FourC. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
10-08
abbreviated format · 10 days late
26-05
Gazette deed
Capital increase of €24,879,964.20Auditor report · Amendment of the articles · Power of attorney13 points ▸
Gazette deed
Capital increase of €24,879,964.20
Auditor report · Amendment of the articles · Power of attorney13 points ▸
- General meeting, 12-05-2026
- Other provision, “kennisname verslagen inbreng in natura, bestuursorgaan” (deed in Dutch)
- Auditor report, “Norm inbreng in natura en quasi-inbreng IBR”, 12-05-2026 (deed in Dutch)
- Other provision, “no fairness opinion, artikel 5:133 WVV” (deed in Dutch)
- Other provision, “laattijdige overhandiging stukken” (deed in Dutch)
- Capital increase, €24,879,964.20, mentioned 2 times in the deed
- Share issue, 5360, 24879964.2
- Capital contribution
- Other provision, “beschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Power of attorney, Sebastiaan-Willem VERBERT
- Power of attorney
- The act holds 1 more point.
2025
31-12
Financial
Back to profitnet €666,492
The net result is €666,492, after one loss-making year.
05-12
abbreviated format · 127 days late
2024
22-08
Gazette deed
IncorporationStarting capital €17,514,198.75 · Appointments: SAELEN Margot Célestine Jill, SAELEN Thomas Jan Dries and 2 others · Founder15 points ▸
Gazette deed
Incorporation
Starting capital €17,514,198.75 · Appointments: SAELEN Margot Célestine Jill, SAELEN Thomas Jan Dries and 2 others · Founder15 points ▸
- Incorporation, 20-08-2024
- Founder, SAELEN Margot Célestine Jill
- Founder, SAELEN Thomas Jan Dries
- Founder, SAELEN Anton
- Founder, SAELEN Mathilde Céline Marie
- Founding capital, €17,514,198.75
- Auditor report, “Norm inzake opdracht bedrijfsrevisor inbreng in natura en quasi-inbreng, geen wezenlijke invloed” (deed in Dutch)
- Other provision, “verslag oprichters over inbreng in natura, zetten uiteen waarom inbreng van belang is voor vennootschap” (deed in Dutch)
- Board rule, 4, “vergadering” (deed in Dutch)
- Director appointment, SAELEN Margot Célestine Jill (director (not named in the articles))
- Director appointment, SAELEN Thomas Jan Dries (director (not named in the articles))
- Director appointment, SAELEN Anton (director (not named in the articles))
- The act holds 3 more points.
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
FourC in Dutch
Enterprise number
1012.618.236
Legal form
Private limited company
Status
Active, normale toestand
Founded
20-08-2024
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-08-2024 (in Dutch)Registered office and establishments
Registered office
Kouterbaan 44, 9280 Lebbeke, Belgium
Establishment unit
FourC, Kouterbaan 44, 9280 Lebbeke since 20-08-2024 · unit number 2.364.943.63764210 Activities of holding companies
Invoicing and payment
VAT number
BE 1012.618.236
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Tuesday of June at 11:30
deed of 22-08-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
1.0 ha
Building footprint
3,541 m²
Building volume
21,568 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42011A0442/00D002 | Flanders | 1.0 ha | 1 · 3,541 m² | 9.1 m · 2 |