Equity
-€7,680
Debts exceed assets in financial year 2025.
FOURTY
Overview
Lifetime
2 annual accounts with figures on one time axispeak -€2,557 (2025)
-€2,557▲ €2,085
lowest -€5,686 (2024)
-€4,994▲ €692
peak -€2,686 (2024)
-€7,680▼ €4,994
€24,384▲ 50.3%
Board1 name since 2024
1 directorSOTO HIDALGO Laura José Antonia
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Gross margin from -€4,642 to -€2,557Loss of €4,994Equity from -€2,686 to -€7,680Debts from €16,226 to €24,384Cash from €212 to €861
Key points
from the 2025 annual accountsLosses
-€10,680 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€24,384 146% of the balance sheet
2025 accounts filed 76 days after the deadlineTurnover not published (micro format)
Checked score
45
Fair
Financially stronger than 6% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 1.9%
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.8%▼ -0.1 percentage points vs 12-2025lowest value
02-2026: 2.2%▲ +0.4 percentage points vs 01-2026
03-2026: 2.2%● unchanged vs 02-2026
04-2026: 2.3%▲ +0.1 percentage points vs 03-2026
05-2026: 2.5%▲ +0.2 percentage points vs 04-2026
06-2026: 2.5%● unchanged vs 05-2026
07-2026: 2.7%▲ +0.2 percentage points vs 06-2026
08-2026: 3.2%▲ +0.5 percentage points vs 07-2026
09-2026: 3.3%▲ +0.1 percentage points vs 08-2026
10-2026: 4.2%▲ +0.9 percentage points vs 09-2026highest value
11-2026: 4.2%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 76 days late; 1 of the last 3 accounts late
Founded in 2024
Sector: Retail trade (NACE 47)
Negative equity -€7,680
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 (NACE 47, micro). It does better than 6% of them on solvency, 8% on liquidity, 6% on profitability and 3% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as FOURTY has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FOURTY itself: 4.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for FOURTY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.35 (0.19 in 2024), below 1. Short-term debt is 146% and cash 5.2% of total assets. Equity is negative.
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
Six signals.
raises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€7,680
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 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
76 days late
2024
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 34 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed 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
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Incorporation
Founding capital of €3,000, 100 shares · Founder: SOTO HIDALGO Laura José Antonia · Appointment: SOTO HIDALGO Laura José Antonia (director) · published on 11-10-2024 · Gazette deed
First establishment
Vrijheidstraat 40, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FOURTY Antwerp | - | - | -46.0% | - |
| ASSANI & FILS Seraing | €807 | - | -23.0% | - |
| DASOKI Sint-Pieters-Leeuw | - | - | 21.7% | - |
| N'DAGNA GROUP Anderlecht | €597 | - | -85.1% | - |
| Whimsy'Woo Tournai | €35,106 | -6.8% | -70.7% | - |
| LBD-Fashion Diksmuide | - | - | -165.8% | - |
| KANDE ELEGANCE Schaerbeek | - | - | -164.2% | - |
These companies have the same main activity as FOURTY: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €15,700 and €23,000, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 09-10-2024Normal situation
- Activity
- Retail sale of clothing and accessories for women, men, children and babies (general range)NACE 47716and 1 other
- Establishment unit
- 2.364.950.2682000 Antwerp, since 09-10-2024
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- -€2,557▲ 44.9%
- €4,994▼ 12.2%
- -€7,680▼ 186%
- €16,705▲ 23.4%
- Filing
- Filed on 15-10-2026
Insights on FOURTY
The computed 12-month bankruptcy probability of FOURTY is 4.2% (elevated). The 2025 annual accounts show negative equity (-€7,680) and a net result of -€4,994.
Its solvency ranks better than 13% of 22,924 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 15-10-2026, 76 days late-€2,557
▲ €2,085
-€4,942
▲ €744
-€4,994
▲ €692
-€15,930
▼ €2,794
-46.0%
▼ 26.1 percentage points
0.35
▲ 0.16
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €16,705 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-46.0%
Higher than 13% of 22,924 companies in 2025.
0.35
Higher than 9% of 22,052 companies in 2025.
-29.9%
Higher than 9% of 22,202 companies in 2025.
FOURTY
Middle half of the sector
80% of the sector
Micro accounts in retail trade (NACE 47)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
16,705 | 13,540 | |
21/28 |
8,250 | 10,450 | |
21 |
8,250 | 10,450 | |
29/58 |
8,455 | 3,090 | |
3 |
4,819 | 819 | |
30/36 |
4,819 | 819 | |
40/41 |
2,775 | 2,059 | |
40 |
686 | 1,411 | |
41 |
2,089 | 647 | |
54/58 |
861 | 212 | |
| Balance sheet: equity and liabilities | |||
10/49 |
16,705 | 13,540 | |
10/15 |
-7,680 | -2,686 | |
10/11 |
3,000 | 3,000 | |
14 |
-10,680 | -5,686 | |
17/49 |
24,384 | 16,226 | |
42/48 |
24,384 | 16,226 | |
44 |
284 | 696 | |
440/4 |
284 | 696 | |
46 |
151 | - | |
47/48 |
23,949 | 15,530 | |
| Income statement | |||
9900 |
-2,557 | -4,642 | |
630 |
2,200 | 550 | |
640/8 |
186 | 494 | |
9901 |
-4,942 | -5,686 | |
65/66B |
51 | - | |
65 |
51 | - | |
9903 |
-4,994 | -5,686 | |
9904 |
-4,994 | -5,686 | |
9905 |
-4,994 | -5,686 | |
| Appropriation of the result | |||
9906 |
-10,680 | -5,686 | |
14P |
-5,686 | - | |
| Document | |||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 15-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 76 days after the deadline. Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00559684.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -2,742 | -5,136 | ||
| -2,794 | -5,136 | ||
| 0 | 11,000 | ||
| 649 | - | ||
| -15,930 | -13,136 | ||
| -46.0% | -19.8% | ||
| 0.35 | 0.19 | ||
| 0.15 | 0.14 | ||
| -29.9% | -42.0% | ||
| -53.29 | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Intangible fixed assets | - | €11,000 |
| €2,200 | €550 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on FOURTY
The operating result for 2025 is a loss of €4,942, smaller than the loss of €5,686 in 2024.
Equity is negative. Debt (€24,384) exceeds the balance-sheet total (€16,705).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 11-10-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 15-10-2026
Mandates through the years
1 name, the dashed line is todaySOTO HIDALGO Laura José Antonia
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- SOTO HIDALGO Laura José Antonia
- Director (not named in the articles), appointed by deed of 11-10-2024, still in office
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- -€76.80 in 2025
- Source
- deed of 11-10-2024
Articles of association
deed of 11-10-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 directorAt least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 11-10-2024 ↗
- SOTO HIDALGO Laura José Antonia 100 shares (100%) · €3,000
Network & group
No group
FOURTY has no parent and no holdings in its annual accounts. SOTO HIDALGO Laura José Antonia is the only director. FOURTY shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 76 days late
2025
Annual accounts 2024 filed NBBmicro format · 8 days before the deadline
2024
IncorporationFounding capital of €3,000, 100 shares · Founder: SOTO HIDALGO Laura José Antonia · Appointment: SOTO HIDALGO Laura José Antonia (director) · published on 11-10-20246 points ▸
- Registered office clause, Vrijheidstraat 40, 2000 Antwerpen
- Director appointment, SOTO HIDALGO Laura José Antonia (director (not named in the articles))
- Power of attorney, Steven Podevyn, mentioned twice in the deed
- Founder, SOTO HIDALGO Laura José Antonia
- Founding capital, €3,000, 100 shares
- SOTO HIDALGO Laura José Antonia holds 100 shares
- The deed holds 2 more points.
First establishment Vrijheidstraat 40, Antwerp
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 9 October 2024, FOURTY was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 SOTO HIDALGO Laura José Antonia is director of the company, appointed by deed of 11-10-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 1014.868.042
- VAT number
- BE 1014.868.042
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 09-10-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Thursday of June at 18:00deed of 11-10-2024 (in Dutch)
- Peppol
- Not found in the Peppol Directory
- Name
- FOURTY in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-10-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 11-10-2024 (in Dutch)
Activities
NACEBEL 202547716
Retail sale of clothing and accessories for women, men, children and babies (general range) main activity
Codes under NACEBEL 2008
47716
Retail trade main activity
47910
Retail trade
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Aankoop,verkoop,fabricage,invoer en uitvoer van alle aard van textielwaren en alle aanverwante producten van welke aard ook,zowel in…”deed of 11-10-2024 (in Dutch)
25 activities
- Aankoop,verkoop,fabricage,invoer en uitvoer van alle aard van textielwaren en alle aanverwante producten van welke aard ook,zowel in groot-als kleinhandel en zowel via het internet(online verkoop)als in winkels,shops,pop-ups,markten,exposities en andere verkooppunten.
- Het fabriceren,produceren,het inpakken en verpakken,de import,de export,de groothandel,de kleinhandel,de tussenhandel en de verhuring van alle voorgaande vermelde producten.
- Het opstarten,de organisatie en de exploitatie van de verkoop aan bedrijven van bovengenoemde en aanverwante producten.
- De organisatie,begeleiding,ondersteuning en uitvoering van(mental)coaching sessies,events,workshops en diverse happenings.
- Alle handelsfondsen met inbegrip van winkels en-shops uitbaten.
- Het voeren van publiciteit met het oog op promotie van alle voorgaand vermelde producten en diensten.
- Vergunningen,octrooien,licenties en fabrieksmerken aanhouden en/of aankopen,in huur nemen,onderhuren en verhuren,verkopen en ruilen,commercialiseren,exploiteren,in concessie geven en in concessie nemen.
- Alle advies-,opleidings-,marketing-en managementactiviteiten inzake communicatie en innovatie.
- De dienstverlening en productie op het gebied van media,zoals maar niet beperkt tot het internet,televisie,radio en evenementen.
- Grafisch ontwerp en ontwikkeling,drukwerkbegeleiding,copywriting en alle mogelijke publicitaire werkzaamheden.
- Alle activiteiten met betrekking tot lezingen,presentaties en conferenties,alsook de organisatie van studiereizen.
- Alle activiteiten met betrekking tot innovatieprocessen voor bedrijven in binnen-en buitenland.
- Alle activiteiten die rechtstreeks of onrechtstreeks verband hebben op het uitgeven van boeken,tijdschriften,grafische,audiovisuele en softwareproducten,merchandising en andere afgeleide producten.Hieronder dient onder meer te worden verstaan het ontwerpen,ontwikkelen,commercialiseren,conditioneren,distribueren en verkopen van boeken,tijdschriften,posters,grafiekartikels en andere communicatiemiddelen.
- Alle commerciele,administratieve en financiele daden die rechtstreeks of onrechtstreeks met deze oplijsting verband houden.
- Alle verrichtingen inzake dienstverlening op gebied van management,logistiek,bestuur,beheer en onderhoud voor andere firmas,evenals terbeschikkingstelling van personeel aan andere firmas en al wat daarmee rechtstreeks of onrechtstreeks verband houdt.
- Organisatie van diverse evenementen,shows,avonden,concerten,festivals,workshops,conferenties,toeristische,amusements-en vrijetijdsevenementen.
- Organisatie van beurzen en tentoonstellingen.
- Het leveren van materialen en diensten voor evenementen,beurzen en tentoonstellingen.
- Het ontwerp,de productie,de fabricage,het onderhoud,de reparatie,de aan-en verkoop van geluids-en verlichtingsapparatuur.
- Alle handelingen die leiden tot productie van immateriële goederen die verband houden met audiovisuele veld,met inbegrip van geluids-en/of visuele opname,mixen,masteren,geluidsversterking en opname van evenementen,terbeschikkingstelling van opnameruimten,mixen en repeteren,evenals terbeschikkingstelling van audiovisuele apparatuur,productie,regie,compositie en muziekproductie,productie van artiesten.
- De creatie,productie,marketing en verkoop van muziek.
- De exploitatie van een opnamestudio.
- Het leveren van diensten van fotografie en videografie.
- Het maken van reportages,videos en fotos,met inbegrip van modelfotografie,zowel binnen als buiten en zowel voor particulieren als voor industriële doeleinden.
- Organisatie en beheer van iedere vorm van cateringdienst.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Vrijheidstraat 40 registered office 2000 Antwerp | 09-10-2024 | 2.364.950.268 |
Buildings and parcels at the address
- Ground area
- 208 m²
- Buildings
- 126 m²
- Volume, LiDAR
- 1,393 m³
- Tallest building
- 17.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11811L3509/00W000 | 208 m² | 1 · 126 m² | 17.4 m · 3 |