FOURTECH
ActiveSummary
The computed 12-month bankruptcy probability of FOURTECH is 1.5% (moderate). The 2025 annual accounts show equity of €81k and a net result of €19k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 24% of 982 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-1
Solvency48▼-27
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.98 in 2024; short-term debt: 76.7% of total assets), and 76.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.3%
Return on assets
5.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 982 sector peers (2025).
NBB · sector comparisonPosition among 982 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
16 d early
2023
48 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€81k▼ 28.1%
2024 · €112k
2022: €87k
2023: €89k
2024: €112k
2022 → 2025
Total assets
€346k▲ 54.4%
2024 · €224k
2022: €189k
2023: €173k
2024: €224k
2022 → 2025
Net result
€19k▼ 20.9%
2024 · €23k
2022: €83k
2023: €2k
2024: €23k
2022 → 2025
Working capital
€26k▼ 76.5%
2024 · €110k
2022: €87k
2023: €89k
2024: €110k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€87k-€89k▲ 1.8%€112k▲ 26.4%€81k▼ 28.1%
Operating result€106k-€15k▼ 86.1%€43k▲ 192%€34k▼ 22.0%
Net result€83k-€2k▼ 98.1%€23k▲ 1,354%€19k▼ 20.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €346k
Fixed assets
€55k ▲ 2,255%
Current assets
€291k ▲ 31.2%
Equity and liabilities €346k
Equity
€81k ▼ 28.1%
Debt
€265k ▲ 137%
Debt's share of the balance-sheet total rises from 50.0% to 76.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€37k▼
2024 · €43k
Cash flow
€22k▼
2024 · €24k
Current ratio
1.10▼
2024 · 1.98
Debt to equity
3.29▲
2024 · 1.00
ROE
22.9%▲
2024 · 20.9%
ROA
5.4%▼
2024 · 10.4%
Interest coverage
3.89▲
2024 · 3.23
Debt ≤ 1 year
€265k▲
2024 · €112k
Income taxes
€7k▼
2024 · €7k
Staff costs
€182k▼
2024 · €185k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€224k€346k▲
Fixed assets21/28€2k€55k▲
Tangible fixed assets22/27€2k€53k▲
Plant, machinery and equipment23€2k€36k▲
Furniture and vehicles24-€17k
Financial fixed assets28-€2k
Current assets29/58€222k€291k▲
Amounts receivable within one year40/41€215k€164k▼
Trade receivables40€161k€80k▼
Other amounts receivable41€54k€84k▲
Cash at bank and in hand54/58€0-
Deferred charges and accrued income490/1€7k€127k▲
Equity and liabilities
Total equity and liabilities10/49€224k€346k▲
Equity10/15€112k€81k▼
Contributions10/11€4k€4k=
Reserves13€108k€77k▼
Distributable reserves133€108k€77k▼
Profit (loss) carried forward14€31€31=
Amounts payable17/49€112k€265k▲
Amounts payable within one year42/48€112k€265k▲
Financial debts43€10k€6k▼
Credit institutions430/8€10k€6k▼
Trade debts44€77k€215k▲
Suppliers440/4€77k€215k▲
Taxes, remuneration and social security45€21k€20k▼
Taxes450/3€9k€7k▼
Remuneration and social security454/9€12k€12k▲
Other amounts payable47/48€4k€25k▲
Accrued charges and deferred income492/3€64€84▲
Income statement
Code20242025
Remuneration, social security and pensions62€185k€182k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€167€3k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€231k€222k▼
Operating profit (loss)9901€43k€34k▼
Financial income75/76B€1k€996▼
Recurring financial income75€1k€996▼
Financial charges65/66B€13k€9k▼
Recurring financial charges65€13k€9k▼
Profit (loss) for the period before taxes9903€31k€25k▼
Income taxes67/77€7k€7k▼
Profit (loss) for the period9904€23k€19k▼
Profit (loss) for the period to be appropriated9905€23k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€19k▼
Profit (loss) brought forward from the previous period14P€31€31=
Transfer from equity791/2-€31k
Transfer to equity691/2€23k€0▼
To other reserves6921€23k€0▼
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €112k ▲26.4%
3 profitable years in a row build equity to €112k.
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
31-12
Financial
Weakest financial yearnet €2k ▼98.1%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
Registered office, Harelbeke · 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.
Frankrijklaan 108530 HarelbekeGround area
257 m²
Building footprint
97 m²
Volume, LiDAR
488 m³
Parcel 34323D1516/00A002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FOURTECH
since 20222.327.184.705
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34323D1516/00A002 | Flanders | 257 m² | 1 · 97 m² | 8.9 m · 2 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.
Similar companies · same sector, comparable size
BDC CONCEPT
BE 0840.099.182
Elsene · Eq €81,315
HDM Technical Solutions
BE 0802.310.655
Heusden-Zolder · Eq €81,662
RCITIZEN
BE 0795.293.694
Wemmel · Eq €79,663
J-Tech
BE 0768.360.358
Laakdal · Eq €79,428
LYN Logistic
BE 0793.120.005
Etterbeek · Eq €79,369
Of 1,825 companies in sector 42220 we hold annual accounts for 958. 704 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
42211Civil engineering
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.