Liquidity
Short-term debts fell from €10,440 to €1,594.
Short-term debts fell from €10,440 to €1,594.
Ten of the last ten came late. The 2019 accounts came latest: 89 days after the end of the period.
Lower net result than 80% of companies in head offices and management consultancy. Sector median €37,464 · 10,858 companies.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 66% of them on solvency, 41% on liquidity, 13% on profitability and 35% on growth.
The bankruptcy probability was computed on 09-11-2026 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 very low class on 30-06-2025, 0.1% 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).
Liquidity is ample, with a current ratio of 5.7 (1.3 in 2024), above the usual 1.5. Short-term debt is 1.4% and cash 2.2% of total assets. 30% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| G4E+ Esneux | €117,767 | -€1,349 | 70.0% | - |
| OVEA Esneux | €126,024 | -€10,560 | 1.3% | - |
| SOGEOS Wanze | €121,674 | -€402 | 92.7% | - |
| ARKHAM CONSULT Chaudfontaine | €120,724 | -€6,743 | 19.8% | - |
| BIOPRODUCT CONSULT Pepinster | €104,851 | -€3,336 | 98.4% | - |
| ANSEL Destelbergen | €110,367 | -€2,281 | 98.7% | - |
| MOVACO Ghent | €107,020 | -€404 | 24.9% | - |
These companies have the same main activity as G4E+: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €105,000 and €126,000, founded between 2010 and 2014.
G4E+ files the abbreviated format. That format states no turnover. The gross margin fell from €75,405 in 2013 to -€1,349 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
Higher than 66% of 10,858 companies in 2025.
Higher than 81% of 10,480 companies in 2025.
Higher than 15% of 10,727 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
117,767 | 123,109 | 123,001 | 111,395 | 113,338 | 112,359 | 134,055 | 97,518 | 115,037 | 112,828 | 108,961 | 225,753 | |
21/28 |
108,681 | 109,551 | 110,421 | 102,500 | 102,500 | 102,500 | 102,500 | 88,500 | 86,000 | 86,264 | 88,450 | 4,371 | |
22/27 |
6,181 | 7,051 | 7,921 | - | - | - | - | - | - | 264 | 2,450 | 4,371 | |
23 |
6,181 | 7,051 | 7,921 | - | - | - | - | - | - | - | 340 | 681 | |
24 |
- | - | - | - | - | - | - | - | - | 264 | 2,110 | 3,690 | |
28 |
102,500 | 102,500 | 102,500 | 102,500 | 102,500 | 102,500 | 102,500 | 88,500 | 86,000 | 86,000 | 86,000 | - | |
29/58 |
9,087 | 13,558 | 12,581 | 8,895 | 10,838 | 9,859 | 31,555 | 9,018 | 29,037 | 26,563 | 20,511 | 221,382 | |
40/41 |
6,533 | 12,303 | 12,566 | 8,379 | 6,293 | 9,770 | 20,333 | 8,263 | 19,109 | 22,566 | 18,488 | 143,887 | |
40 |
6,041 | 12,303 | 11,565 | 8,231 | 6,041 | 8,787 | 20,333 | 8,263 | 14,868 | 9,605 | 6,389 | 57,887 | |
41 |
492 | - | 1,002 | 148 | 252 | 983 | - | - | 4,240 | 12,961 | 12,098 | 86,000 | |
54/58 |
2,554 | 1,255 | 14 | 516 | 4,545 | 89 | 11,222 | 755 | 9,928 | 3,997 | 2,024 | 77,495 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
117,767 | 123,109 | 123,001 | 111,395 | 113,338 | 112,359 | 134,055 | 97,518 | 115,037 | 112,828 | 108,961 | 225,753 | |
10/15 |
82,380 | 84,647 | 80,934 | 55,923 | 58,572 | 58,182 | 59,096 | 40,743 | 31,781 | 30,342 | 9,653 | 45,233 | |
10/11 |
6,820 | 6,820 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | - | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | |
100 |
- | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
- | - | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | |
130/1 |
- | - | 620 | 620 | 620 | 620 | - | - | - | - | - | - | |
130 |
- | - | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | 620 | |
14 |
75,560 | 77,827 | 74,114 | 49,103 | 51,752 | 51,362 | 52,276 | 33,923 | 24,961 | 23,522 | 2,833 | 38,413 | |
17/49 |
35,387 | 38,462 | 42,067 | 55,472 | 54,766 | 54,177 | 74,959 | 56,776 | 83,256 | 82,486 | 99,308 | 180,520 | |
42/48 |
1,594 | 10,440 | 7,947 | 2,024 | 780 | 6,092 | 16,771 | 10,097 | 2,005 | 462 | 31,746 | 71,263 | |
44 |
- | - | 338 | 1,921 | 676 | 1,907 | 8,977 | 157 | 1,320 | 462 | 7,060 | 44,512 | |
440/4 |
- | - | 338 | 1,921 | 676 | 1,907 | 8,977 | 157 | 1,320 | 462 | 7,060 | 44,512 | |
46 |
- | - | - | - | - | - | - | 8,230 | - | - | - | - | |
45 |
1,594 | 10,440 | 7,608 | 103 | 104 | 4,185 | 7,794 | 1,710 | 685 | - | 24,686 | 26,751 | |
450/3 |
1,594 | 10,440 | 7,608 | 103 | 104 | 4,185 | 7,794 | 1,710 | 685 | - | 24,686 | 26,751 | |
492/3 |
33,793 | 28,022 | 34,121 | 53,448 | 53,986 | 48,085 | 58,188 | 46,679 | 81,252 | 82,024 | 67,562 | 109,257 | |
| Income statement | |||||||||||||
9900 |
-1,349 | 6,652 | 33,837 | -2,584 | 1,242 | -481 | 22,602 | 13,646 | 2,145 | -19,740 | -32,694 | 75,405 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | 7,628 | |
630 |
870 | 870 | 779 | - | - | - | - | - | 264 | 264 | 1,921 | 2,871 | |
640/8 |
- | 401 | 384 | - | 348 | 382 | - | 348 | 348 | 1,292 | 433 | 865 | |
9901 |
-2,219 | 5,381 | 32,674 | -2,584 | 894 | -863 | 22,602 | 13,299 | 1,533 | -21,296 | -35,048 | 64,041 | |
75/76B |
- | - | - | - | - | - | - | - | - | - | 24 | 2 | |
75 |
- | - | - | - | - | - | - | - | - | - | 24 | 2 | |
65/66B |
47 | 75 | 54 | 65 | 48 | 52 | 63 | 96 | 95 | 429 | 556 | 323 | |
65 |
47 | 75 | 54 | 65 | 48 | 52 | 63 | 96 | 95 | 429 | 556 | 323 | |
9903 |
-2,266 | 5,306 | 32,619 | -2,649 | 846 | -914 | 22,538 | 13,203 | 1,439 | -21,725 | -35,580 | 63,719 | |
67/77 |
- | 1,594 | 7,608 | - | 456 | - | 4,185 | 4,240 | - | - | - | 24,686 | |
9904 |
-2,266 | 3,713 | 25,011 | -2,649 | 390 | -914 | 18,353 | 8,962 | 1,439 | -21,725 | -35,580 | 39,033 | |
9905 |
-2,266 | 3,713 | 25,011 | -2,649 | 390 | -914 | 18,353 | 8,962 | 1,439 | -21,725 | -35,580 | 39,033 | |
| Appropriation of the result | |||||||||||||
9906 |
75,560 | 77,827 | 74,114 | 49,103 | 51,752 | 51,362 | 52,276 | 33,923 | 24,961 | 23,522 | 2,833 | 39,033 | |
14P |
77,827 | 74,114 | 49,103 | 51,752 | 51,362 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | 620 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 620 | |
| Document | |||||||||||||
The notes to these accounts have 5 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 24-08-2026.
2025 annual accounts filed 24 days after the deadline. Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00429123.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-08-2026 | 2026-00429123 | |
| 31-12-2024 | full format | 28-08-2025 | 2025-00419426 | |
| 31-12-2023 | full format | 19-08-2024 | 2024-00354708 | |
| 31-12-2022 | full format | 21-08-2023 | 2023-00340687 | |
| 31-12-2021 | full format | 23-08-2022 | 2022-20322288 | |
| 31-12-2020 | full format | 30-08-2021 | 2021-57100033 | |
| 31-12-2019 | full format | 28-10-2020 | 2020-64400225 | |
| 31-12-2018 | full format | 28-08-2019 | 2019-54400035 | |
| 31-12-2017 | full format | 29-08-2018 | 2018-52900070 | |
| 31-12-2016 | full format | 30-08-2017 | 2017-54100125 | |
| 31-12-2014 | full format | 13-10-2015 | 2015-64800261 | |
| 31-12-2013 | full format | 27-09-2014 | 2014-61200030 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1,349 | 6,251 | 33,453 | - | - | - | - | - | 1,798 | -21,032 | -33,126 | 66,912 | ||
| -1,396 | 4,583 | 25,790 | - | - | - | - | - | 1,703 | -21,461 | -33,659 | 41,904 | ||
| 0 | 0 | 8,700 | - | - | - | 14,000 | 2,500 | 0 | - | 86,000 | 6,292 | ||
| 1,299 | 1,241 | -502 | -4,029 | 4,456 | -11,133 | 10,466 | -9,173 | 5,931 | - | -75,472 | - | ||
| 7,493 | 3,118 | 4,634 | 6,871 | 10,058 | 3,767 | 14,784 | -1,079 | 27,032 | 26,102 | -11,235 | 150,119 | ||
| 70.0% | 68.8% | 65.8% | 50.2% | 51.7% | 51.8% | 44.1% | 41.8% | 27.6% | 26.9% | 8.9% | 20.0% | ||
| 5.70 | 1.30 | 1.58 | 4.39 | 13.89 | 1.62 | 1.88 | 0.89 | 14.48 | 57.50 | 0.65 | 3.11 | ||
| 0.43 | 0.45 | 0.52 | 0.99 | 0.94 | 0.93 | 1.27 | 1.39 | 2.62 | 2.72 | 10.29 | 3.99 | ||
| -2.8% | 4.4% | 30.9% | -4.7% | 0.7% | -1.6% | 31.1% | 22.0% | 4.5% | -71.6% | -368.6% | 86.3% | ||
| -1.9% | 3.0% | 20.3% | -2.4% | 0.3% | -0.8% | 13.7% | 9.2% | 1.3% | -19.3% | -32.7% | 17.3% | ||
| -28.82 | 83.48 | over 100 | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €8,700 | - | - |
| €870 | €870 | €779 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €2,219, after a profit of €5,381 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total falls from 31.2% to 30.0%. Equity and debt are lower.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue du Chêneux 19 registered office 4130 Esneux | 17-12-2012 | 2.214.990.149 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62032A0763/00A002 | 1,225 m² | 1 · 215 m² | 7.1 m · 2 |
If something looks wrong or is missing, please tell us.