FOURTOPS
Open bankruptcySummary
A bankruptcy procedure is open for FOURTOPS according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (-€143,400) and a net result of -€35,873.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Leuven
- Declared bankrupt
- 2 October 2025
- Supervising judge
- Boudewijn Leeman
- Official Gazette
- 08-10-2025 (pdf) ↗search the document for 2025/140591
Deadlines
- Provisional date payments stopped
- 2 October 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 23 October 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 1 November 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 11 November 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 2 October 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Christophe CelisGrasbos 35, 3294 Molenstedediest@advonet.be
- Charlotte GuelinckxBondgenoten- Laan 167, 3000 Leuvencharlotte.guelinckx@dion-guelinckx.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€143,400
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 22-05-2025, 22 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
22 d late
2023
8 d late
2022
9 d late
2021
9 d late
2020
27 d late
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Specialised image, lighting and sound technical services sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€143,400▼ 33.4%
2023 · -€107,527
Total assets
€15,976▲ 9.1%
2023 · €14,646
Net result
-€35,873▼ 5.5%
2023 · -€33,994
Working capital
-€5,805▲ 72.9%
2023 · -€21,402
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€11,274▼ 130%-€48,013▼ 326%-€15,494▲ 67.7%-€32,917▼ 112%-€34,671▼ 5.3%
Net result-€11,938below the sector's middle half▼ 138%-€48,185below the sector's middle half▼ 304%-€15,721below the sector's middle half▲ 67.4%-€33,994below the sector's middle half▼ 116%-€35,873below the sector's middle half▼ 5.5%
Equity-€9,628below the sector's middle half-€57,812below the sector's middle half▼ 500%-€73,533below the sector's middle half▼ 27.2%-€107,527below the sector's middle half▼ 46.2%-€143,400below the sector's middle half▼ 33.4%
Total assets€16,918below the sector's middle half▲ 10.7%€19,237below the sector's middle half▲ 13.7%€19,846below the sector's middle half▲ 3.2%€14,646below the sector's middle half▼ 26.2%€15,976below the sector's middle half▲ 9.1%
Debt€26,545▲ 105%€77,049▲ 190%€93,379▲ 21.2%€122,173▲ 30.8%€159,376▲ 30.5%
Working capital-€14,652below the sector's middle half▼ 299%€1,214within the sector's middle half-€3,348within the sector's middle half-€21,402below the sector's middle half▼ 539%-€5,805below the sector's middle half▲ 72.9%
Solvency-56.9%below the sector's middle half▼ 72.0pp-300.5%below the sector's middle half▼ 243.6pp-370.5%below the sector's middle half▼ 70.0pp-734.2%below the sector's middle half▼ 363.6pp-897.6%below the sector's middle half▼ 163.4pp
Current ratio0.31below the sector's middle half▼ 0.331.13within the sector's middle half▲ 0.820.76below the sector's middle half▼ 0.370.25below the sector's middle half▼ 0.520.50below the sector's middle half▲ 0.26
Return on assets (ROA)-70.6%below the sector's middle half▼ 37.7pp-250.5%below the sector's middle half▼ 179.9pp-79.2%below the sector's middle half▲ 171.3pp-232.1%below the sector's middle half▼ 152.9pp-224.5%below the sector's middle half▲ 7.6pp
Staff (FTE)0.2below the sector's middle half=0.4▲ 100%0.9▲ 125%1▲ 11.1%0.3▼ 70.0%
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34,671 in 2024 against €32,917 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €15,976
Fixed assets
€10,109 ▲ 31.6%
Current assets
€5,868 ▼ 15.7%
Key figures and ratios
EBITDA
-€33,787▼
2023 · -€31,562
Cash flow
-€34,989▼
2023 · -€32,638
Quick ratio
0.46▲
2023 · 0.23
Debt to equity
-1.11▲
2023 · -1.14
Interest coverage
-28.11▲
2023 · -29.01
Debt ≤ 1 year
€11,673▼
2023 · €28,366
Debt > 1 year
€142,364▲
2023 · €93,521
Staff costs
€1,759▼
2023 · €3,858
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €2,312 | €4,028 | €3,858 | €1,759 | ▼ 54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,837 | €1,747 | €1,587 | €1,355 | €884 | ▼ 34.8% |
| Other operating charges640/8 | - | €791 | €1,359 | €1,493 | €1,832 | ▲ 22.7% |
| Non-recurring operating charges66A | - | - | - | - | €363 | - |
| Gross operating margin9900 | -€4,517 | -€43,163 | -€8,519 | -€26,210 | -€29,833 | ▼ 13.8% |
| Operating profit (loss)9901 | -€11,274 | -€48,013 | -€15,494 | -€32,917 | -€34,671 | ▼ 5.3% |
| Financial income75/76B | - | - | - | €12 | - | - |
| Recurring financial income75 | €1 | - | - | €12 | - | - |
| Financial charges65/66B | - | €172 | €227 | €1,088 | €1,202 | ▲ 10.5% |
| Recurring financial charges65 | €111 | €172 | €227 | €1,088 | €1,202 | ▲ 10.5% |
| Profit (loss) for the period before taxes9903 | -€11,938 | -€48,185 | -€15,721 | -€33,994 | -€35,873 | ▼ 5.5% |
| Profit (loss) for the period9904 | -€11,938 | -€48,185 | -€15,721 | -€33,994 | -€35,873 | ▼ 5.5% |
| Profit (loss) for the period to be appropriated9905 | -€11,938 | -€48,185 | -€15,721 | -€33,994 | -€35,873 | ▼ 5.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16,918 | €19,237 | €19,846 | €14,646 | €15,976 | ▲ 9.1% |
| Fixed assets21/28 | €10,450 | €8,704 | €9,038 | €7,683 | €10,109 | ▲ 31.6% |
| Tangible fixed assets22/27 | €4,981 | €3,234 | €3,569 | €2,213 | €1,330 | ▼ 39.9% |
| Plant, machinery and equipment23 | - | €2,981 | €3,366 | €2,062 | €1,228 | ▼ 40.4% |
| Other tangible fixed assets26 | - | €253 | €202 | €152 | €101 | ▼ 33.3% |
| Financial fixed assets28 | €5,469 | €5,469 | €5,469 | €5,469 | €8,779 | ▲ 60.5% |
| Current assets29/58 | €6,468 | €10,533 | €10,808 | €6,964 | €5,868 | ▼ 15.7% |
| Stocks and contracts in progress3 | €462 | €705 | €254 | €350 | €455 | ▲ 29.8% |
| Stocks30/36 | - | €705 | €254 | €350 | €455 | ▲ 29.8% |
| Amounts receivable within one year40/41 | €4,526 | €2,856 | €695 | €466 | €3,036 | ▲ 552% |
| Trade receivables40 | - | - | €151 | - | €148 | - |
| Other amounts receivable41 | - | €2,856 | €544 | €466 | €2,888 | ▲ 520% |
| Cash at bank and in hand54/58 | €1,406 | €6,705 | €6,953 | €2,965 | €1,398 | ▼ 52.8% |
| Deferred charges and accrued income490/1 | - | €266 | €2,906 | €3,183 | €978 | ▼ 69.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16,918 | €19,237 | €19,846 | €14,646 | €15,976 | ▲ 9.1% |
| Equity10/15 | -€9,628 | -€57,812 | -€73,533 | -€107,527 | -€143,400 | ▼ 33.4% |
| Contributions10/11 | - | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Reserves13 | €3,207 | €3,207 | €3,207 | €3,207 | €3,207 | = |
| Tax-exempt reserves132 | - | €3,207 | €3,207 | €3,207 | €3,207 | = |
| Profit (loss) carried forward14 | -€37,624 | -€85,809 | -€101,529 | -€135,523 | -€171,396 | ▼ 26.5% |
| Amounts payable17/49 | €26,545 | €77,049 | €93,379 | €122,173 | €159,376 | ▲ 30.5% |
| Amounts payable after more than one year17 | €4,676 | €66,980 | €79,223 | €93,521 | €142,364 | ▲ 52.2% |
| Financial debts170/4 | - | - | - | - | €22,000 | - |
| Other amounts payable178/9 | - | €66,980 | €79,223 | €93,521 | €120,364 | ▲ 28.7% |
| Amounts payable within one year42/48 | €21,120 | €9,319 | €14,156 | €28,366 | €11,673 | ▼ 58.8% |
| Financial debts43 | - | €5,000 | €5,000 | €12,000 | - | - |
| Other loans439 | - | €5,000 | €5,000 | €12,000 | - | - |
| Trade debts44 | €3,991 | €3,451 | €5,065 | €11,663 | €7,909 | ▼ 32.2% |
| Suppliers440/4 | - | €3,451 | €5,065 | €11,663 | €7,909 | ▼ 32.2% |
| Taxes, remuneration and social security45 | - | €868 | €4,091 | €4,702 | €3,763 | ▼ 20.0% |
| Taxes450/3 | - | €221 | €3,656 | €4,612 | €3,763 | ▼ 18.4% |
| Remuneration and social security454/9 | - | €647 | €436 | €91 | - | - |
| Accrued charges and deferred income492/3 | - | €750 | - | €286 | €5,339 | ▲ 1,764% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,938 | -€48,185 | -€15,721 | -€33,994 | -€35,873 | ▼ 5.5% |
| + Depreciation and write-downs630 | €1,837 | €1,747 | €1,587 | €1,355 | €884 | ▼ 34.8% |
| Operating cash flow (approximation) | -€10,101 | -€46,438 | -€14,133 | -€32,638 | -€34,989 | ▼ 7.2% |
| Investment in fixed assets (approximation) | - | €0 | -€1,922 | €0 | -€3,310 | - |
| Change in cash | - | €5,299 | €248 | -€3,988 | -€1,567 | ▲ 60.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
08-10
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · event 02-10-2025
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
08-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
30-09
Financial
Weakest financial yearnet -€48,185
Net result drops to -€48,185, the lowest in the series.
30-09
Financial
Liquidity quadruplescurrent ratio 1.13
Current ratio from 0.31 to 1.13; short-term debt falls from €21,120 to €9,319.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Leuven · 1 establishment unit since 1997
Ground area
271 m²
Building footprint
271 m²
Volume, LiDAR
1,279 m³
Parcel 24432D0003/00E002, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Café Groenveld
since 19972.081.327.614
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24432D0003/00E002 | Flanders | 271 m² | 1 · 271 m² | 9.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE CELIS GRASBOS 35, 3294 MOLENSTEDE- |
02-10-2025 → present |
| Curator | CHARLOTTE GUELINCKX BONDGENOTEN-
LAAN 167, 3000 LEUVEN |
02-10-2025 → present |
Subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteLeuven2.081.327.614
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Of 3,393 companies in sector 90393 we hold annual accounts for 942. 198 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded21-02-1997
Fiscal year end30-09
Trade name NL
HAWK-EVENTS
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
77229Renting and leasing of other personal and household goods
82300Organisation of conventions and trade shows
93199Other sports activities
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.