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G-FOUR

Active
Private limited companyfounded 201214 yrs activeHoornstraat 13, 9000 Gent, BelgiumKBO/BCE: BE 0845.899.485
Summary

The computed 12-month bankruptcy probability of G-FOUR is 2.0% (moderate). The 2025 annual accounts show negative equity (-€599,058) and a net result of €56,982. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 3787 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.11 against 0.24 in 2024; short-term debt: 267.1% and cash: 7.2% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-860.5%
Return on assets
81.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 3787 sector peers (2025).
NBB · sector comparison
Position among 3787 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
8 d late
2023
9 d late
2022
7 d early
2021
4 d early
2020
18 d early
2019
66 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

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. Usually files around 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 May 2012, G-FOUR was incorporated.1 Total assets went from EUR 125,274 in 2018 to EUR 69,620 in 2025 and headcount from 7.2 to 8.7 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€56,982
2024 · -€36,783
Working capital
-€164,558▲ 27.1%
2024 · -€225,776
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 56, Food and beverage service 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
Line20212022202320242025
Operating result-€7,022▲ 90.9%€20,981-€8,196-€27,599▼ 237%€58,227
Net result€14,984within the sector's middle half€11,981within the sector's middle half▼ 20.0%-€17,307below the sector's middle half-€36,783below the sector's middle half▼ 113%€56,982above the sector's middle half
Equity-€613,930below the sector's middle half▲ 2.4%-€601,950below the sector's middle half▲ 2.0%-€619,257below the sector's middle half▼ 2.9%-€656,040below the sector's middle half▼ 5.9%-€599,058below the sector's middle half▲ 8.7%
Total assets€138,090below the sector's middle half▲ 13.1%€101,971below the sector's middle half▼ 26.2%€130,439below the sector's middle half▲ 27.9%€122,351below the sector's middle half▼ 6.2%€69,620below the sector's middle half▼ 43.1%
Debt€752,020▲ 0.1%€703,921▼ 6.4%€749,696▲ 6.5%€778,391▲ 3.8%€668,678▼ 14.1%
Working capital-€202,686below the sector's middle half▲ 13.2%-€188,064below the sector's middle half▲ 7.2%-€209,889below the sector's middle half▼ 11.6%-€225,776below the sector's middle half▼ 7.6%-€164,558below the sector's middle half▲ 27.1%
Solvency-444.6%below the sector's middle half▲ 70.6pp-590.3%below the sector's middle half▼ 145.7pp-474.7%below the sector's middle half▲ 115.6pp-536.2%below the sector's middle half▼ 61.4pp-860.5%below the sector's middle half▼ 324.3pp
Current ratio0.30below the sector's middle half▲ 0.140.20below the sector's middle half▼ 0.100.23below the sector's middle half▲ 0.030.24below the sector's middle half=0.11below the sector's middle half▼ 0.12
Return on assets (ROA)10.9%within the sector's middle half▲ 83.9pp11.7%within the sector's middle half▲ 0.9pp-13.3%below the sector's middle half▼ 25.0pp-30.1%below the sector's middle half▼ 16.8pp81.8%above the sector's middle half▲ 111.9pp
Staff (FTE)6.6within the sector's middle half▲ 15.8%13.5within the sector's middle half▲ 105%13.7within the sector's middle half▲ 1.5%8.7within the sector's middle half▼ 36.5%8.7within the sector's middle half=
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€50,000-€25,000€0€25,000€50,000Operating result 2021: -€7,022-€7,022Net result 2021: €14,984€14,984Operating result 2022: €20,981€20,981Net result 2022: €11,981€11,981Operating result 2023: -€8,196-€8,196Net result 2023: -€17,307-€17,307Operating result 2024: -€27,599-€27,599Net result 2024: -€36,783-€36,783Operating result 2025: €58,227€58,227Net result 2025: €56,982€56,98220212022202320242025-€50,000-€25,000€0€25,000€50,000Operating result 2023: -€8,196-€8,200Net result 2023: -€17,307-€17,300Operating result 2024: -€27,599-€27,600Net result 2024: -€36,783-€36,800Operating result 2025: €58,227€58,200Net result 2025: €56,982€57,000202320242025
The operating result returns to profit in 2025: €58,227 after a loss of €27,599 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69,620
Fixed assets €48,240 ▼ 8.0%
Current assets €21,380 ▼ 69.4%
Key figures and ratios
2025 value · change against 2024
EBITDA
€71,293▲
2024 · -€13,481
Cash flow
€70,048▲
2024 · -€22,665
Debt to equity
-1.12▲
2024 · -1.19
Interest coverage
57.26▲
2024 · -1.46
Debt ≤ 1 year
€185,939▼
2024 · €295,665
Debt > 1 year
€415,000=
2024 · €415,000
Staff costs
€145,393▼
2024 · €283,289
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
2.9% went bankrupt
4.8% stopped otherwise
92% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€122,351€69,620▼
Fixed assets21/28€52,461€48,240▼
Tangible fixed assets22/27€52,461€48,240▼
Plant, machinery and equipment23€5,219€4,431▼
Furniture and vehicles24€21,118€15,566▼
Other tangible fixed assets26€26,124€28,243▲
Current assets29/58€69,890€21,380▼
Stocks and contracts in progress3€11,384-
Stocks30/36€11,384-
Amounts receivable within one year40/41€34,357€7,755▼
Trade receivables40€7,589€7,755▲
Other amounts receivable41€26,768-
Cash at bank and in hand54/58€21,863€4,984▼
Deferred charges and accrued income490/1€2,286€8,641▲
Equity and liabilities
Total equity and liabilities10/49€122,351€69,620▼
Equity10/15-€656,040-€599,058▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€674,640-€617,658▲
Amounts payable17/49€778,391€668,678▼
Amounts payable after more than one year17€415,000€415,000=
Financial debts170/4€415,000€415,000=
Amounts payable within one year42/48€295,665€185,939▼
Financial debts43-€1
Credit institutions430/8-€1
Trade debts44€54,971€45,931▼
Suppliers440/4€54,971€45,931▼
Taxes, remuneration and social security45€46,869€4,426▼
Taxes450/3€1,045€4,426▲
Remuneration and social security454/9€45,824-
Other amounts payable47/48€193,824€135,581▼
Accrued charges and deferred income492/3€67,726€67,739=
Income statement Code20242025
Remuneration, social security and pensions62€283,289€145,393▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,118€13,066▼
Other operating charges640/8€5,389€1,797▼
Gross operating margin9900€275,197€218,483▼
Operating profit (loss)9901-€27,599€58,227▲
Financial income75/76B€68€0▼
Recurring financial income75€68€0▼
Financial charges65/66B€9,252€1,245▼
Recurring financial charges65€9,252€1,245▼
Profit (loss) for the period before taxes9903-€36,783€56,982▲
Profit (loss) for the period9904-€36,783€56,982▲
Profit (loss) for the period to be appropriated9905-€36,783€56,982▲
Appropriation of the result
Profit (loss) to be appropriated9906-€674,640-€617,658▲
Profit (loss) brought forward from the previous period14P-€637,857-€674,640▼
Social balance
Average headcount (FTE)90878.78.7=

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€146,614€237,499€271,299€283,289€145,393▼ 48.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,915€22,595€21,557€14,118€13,066▼ 7.5%
Other operating charges640/8€3,819€4,181€5,152€5,389€1,797▼ 66.7%
Gross operating margin9900€169,327€285,256€289,813€275,197€218,483▼ 20.6%
Operating profit (loss)9901-€7,022€20,981-€8,196-€27,599€58,227▲ 311%
Financial income75/76B€24,757€5,151-€68€0▼ 99.6%
Recurring financial income75€11,228€89-€68€0▼ 99.6%
Non-recurring financial income76B€13,529€5,062----
Financial charges65/66B€2,778€14,152€9,111€9,252€1,245▼ 86.5%
Recurring financial charges65€2,778€14,152€9,111€9,252€1,245▼ 86.5%
Profit (loss) for the period before taxes9903€14,957€11,981-€17,307-€36,783€56,982▲ 255%
Income taxes67/77-€27-----
Profit (loss) for the period9904€14,984€11,981-€17,307-€36,783€56,982▲ 255%
Profit (loss) for the period to be appropriated9905€14,984€11,981-€17,307-€36,783€56,982▲ 255%
Line20212022202320242025Change
Assets
Total assets20/58€138,090€101,971€130,439€122,351€69,620▼ 43.1%
Fixed assets21/28€49,867€54,965€66,579€52,461€48,240▼ 8.0%
Tangible fixed assets22/27€49,867€54,965€66,579€52,461€48,240▼ 8.0%
Plant, machinery and equipment23€8,530€12,377€8,588€5,219€4,431▼ 15.1%
Furniture and vehicles24€4,363€6,218€26,937€21,118€15,566▼ 26.3%
Other tangible fixed assets26€36,974€36,369€31,054€26,124€28,243▲ 8.1%
Current assets29/58€88,223€47,006€63,860€69,890€21,380▼ 69.4%
Stocks and contracts in progress3€11,479€10,452€9,242€11,384--
Stocks30/36€11,479€10,452€9,242€11,384--
Amounts receivable within one year40/41€4,186€4,050€32,729€34,357€7,755▼ 77.4%
Trade receivables40€19€19€4,374€7,589€7,755▲ 2.2%
Other amounts receivable41€4,167€4,030€28,355€26,768--
Current investments50/53-€82----
Cash at bank and in hand54/58€71,467€28,778€18,782€21,863€4,984▼ 77.2%
Deferred charges and accrued income490/1€1,090€3,645€3,107€2,286€8,641▲ 278%
Equity and liabilities
Total equity and liabilities10/49€138,090€101,971€130,439€122,351€69,620▼ 43.1%
Equity10/15-€613,930-€601,950-€619,257-€656,040-€599,058▲ 8.7%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€632,530-€620,550-€637,857-€674,640-€617,658▲ 8.4%
Amounts payable17/49€752,020€703,921€749,696€778,391€668,678▼ 14.1%
Amounts payable after more than one year17€415,000€415,000€415,000€415,000€415,000=
Financial debts170/4€415,000€415,000€415,000€415,000€415,000=
Amounts payable within one year42/48€290,909€235,070€273,749€295,665€185,939▼ 37.1%
Financial debts43--€6,639-€1-
Credit institutions430/8--€6,639-€1-
Trade debts44€28,919€27,482€43,584€54,971€45,931▼ 16.4%
Suppliers440/4€28,919€27,482€43,584€54,971€45,931▼ 16.4%
Taxes, remuneration and social security45€43,585€38,684€41,921€46,869€4,426▼ 90.6%
Taxes450/3€9,286€8,948€6,951€1,045€4,426▲ 323%
Remuneration and social security454/9€34,299€29,736€34,971€45,824--
Other amounts payable47/48€218,404€168,904€181,604€193,824€135,581▼ 30.0%
Accrued charges and deferred income492/3€46,111€53,851€60,947€67,726€67,739=
Line20212022202320242025Change
Profit (loss) for the period9904€14,984€11,981-€17,307-€36,783€56,982▲ 255%
+ Depreciation and write-downs630€25,915€22,595€21,557€14,118€13,066▼ 7.5%
Operating cash flow (approximation)€40,900€34,575€4,250-€22,665€70,048▲ 409%
Investment in fixed assets (approximation)--€27,693-€33,171€0-€8,844-
Change in cash--€42,689-€9,996€3,080-€16,878▼ 648%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €56,982
Net result €56,982 after 2 loss-making years.
08-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 8 days late
2024
09-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
2023
24-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €14,984
Net result €14,984 after 3 loss-making years.
13-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet -€89,191
Net result drops to -€89,191, the lowest in the series; recovery starts the following year.
05-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 66 days late
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
31-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 396 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 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, Gent · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
149 m²
Building footprint
130 m²
Volume, LiDAR
2,041 m³
Parcel 44803C0962/00V000, Flanders · tallest building 19.2 m, ±6 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
G-FOUR
Hoornstraat 13, 9000 GentLimited-service restaurants
since 20122.209.916.158
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44803C0962/00V000 Flanders 149 m² 1 · 130 m² 19.2 m · 6 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Le Botaniste Development 100%
  2. G-FOUR

Highest known parent: Le Botaniste Development. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Subsidies and aid

Flemish government

2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2024 1 2,000 EUR2,000 EUR
Schemes
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Gent2.209.916.158
3 permissions
Toelating · Ambulante eetgelegenheid · since 01-07-2012
Toelating · Detailhandel · since 01-07-2012
Toelating · Eetgelegenheid · since 01-07-2012

Similar companies · same sector, comparable size

Of 13,991 companies in sector 56301 we hold annual accounts for 4,896. 677 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded04-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56210Event catering
56220Contract catering and other food service activities
Contact
E-mail gent@lebotaniste.eu
Phone 092334535
E-invoicing
Reachable via Peppol
Peppol ID 0208:0845899485
Also 9925:BE0845899485
Registered 11-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.