N4V1
ActiveSummary
N4V1 has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €109k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency38▼-62
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 94.53 in 2024; short-term debt: 86.7% and cash: 93% of total assets), and 86.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
13.3%
Return on assets
36%
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 23% of 2699 sector peers (2025).
NBB · sector comparisonPosition among 2699 sector peers
Solvency
better than 23%
← 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 19-07-2026, 12 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
12 d early
2024
17 d late
2023
8 d early
2022
23 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€40k▼ 77.8%
2024 · €181k
2022: €55k
2023: €123k▲ +122% vs 2022
2024: €181k▲ +47.2% vs 2023highest in 4 years
2025: €40k▼ -77.8% vs 2024lowest in 4 years
2022 → 2025
Total assets
€303k▲ 65.9%
2024 · €183k
2022: €59klowest in 4 years
2023: €125k▲ +114% vs 2022
2024: €183k▲ +46.2% vs 2023
2025: €303k▲ +65.9% vs 2024highest in 4 years
2022 → 2025
Net result
€109k▲ 88.1%
2024 · €58k
2022: €52klowest in 4 years
2023: €68k▲ +29.2% vs 2022
2024: €58k▼ -14.1% vs 2023
2025: €109k▲ +88.1% vs 2024highest in 4 years
2022 → 2025
Working capital
€32k▼ 81.4%
2024 · €174k
2022: €55k
2023: €121k▲ +121% vs 2022
2024: €174k▲ +43.2% vs 2023highest in 4 years
2025: €32k▼ -81.4% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€55k-€123k▲ 122%€181k▲ 47.2%€40k▼ 77.8%
2022: €55k
2023: €123k▲ +122% vs 2022
2024: €181k▲ +47.2% vs 2023highest in 4 years
2025: €40k▼ -77.8% vs 2024lowest in 4 years
Operating result€52k-€68k▲ 29.2%€83k▲ 22.5%€132k▲ 59.6%
2022: €52klowest in 4 years
2023: €68k▲ +29.2% vs 2022
2024: €83k▲ +22.5% vs 2023
2025: €132k▲ +59.6% vs 2024highest in 4 years
Net result€52k-€68k▲ 29.2%€58k▼ 14.1%€109k▲ 88.1%
2022: €52klowest in 4 years
2023: €68k▲ +29.2% vs 2022
2024: €58k▼ -14.1% vs 2023
2025: €109k▲ +88.1% vs 2024highest in 4 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 60% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €303k
Fixed assets
€8k ▲ 11.8%
Current assets
€295k ▲ 68.1%
Equity and liabilities €303k
Equity
€40k ▼ 77.8%
Debt
€263k ▲ 14,052%
Debt's share of the balance-sheet total rises from 1.0% to 86.7%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.12▼
2024 · 94.53
Debt to equity
6.54▲
2024 · 0.01
ROE
271.3%▲
2024 · 32.1%
ROA
36.0%▲
2024 · 31.7%
Debt ≤ 1 year
€263k▲
2024 · €2k
Income taxes
€23k▼
2024 · €26k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€183k€303k▲
Formation expenses20€0€0=
Fixed assets21/28€7k€8k▲
Tangible fixed assets22/27€7k€8k▲
Furniture and vehicles24€7k€8k▲
Current assets29/58€176k€295k▲
Amounts receivable within one year40/41€4k€13k▲
Trade receivables40-€11k
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€172k€282k▲
Equity and liabilities
Total equity and liabilities10/49€183k€303k▲
Equity10/15€181k€40k▼
Contributions10/11€3k€3k=
Outside capital11€3k€3k=
Other1109/19€3k€3k=
Profit (loss) carried forward14€178k€37k▼
Amounts payable17/49€2k€263k▲
Amounts payable within one year42/48€2k€263k▲
Trade debts44€763€11k▲
Suppliers440/4€763€11k▲
Taxes, remuneration and social security45€1k€39k▲
Taxes450/3€1k€39k▲
Other amounts payable47/48-€213k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Gross operating margin9900€86k€132k▲
Operating profit (loss)9901€83k€132k▲
Financial income75/76B€850-
Recurring financial income75€850-
Non-recurring financial income76B€850-
Financial charges65/66B€102€98▼
Recurring financial charges65€102€98▼
Profit (loss) for the period before taxes9903€84k€132k▲
Income taxes67/77€26k€23k▼
Profit (loss) for the period9904€58k€109k▲
Profit (loss) for the period to be appropriated9905€58k€109k▲
Appropriation of the result
Profit (loss) to be appropriated9906€178k€287k▲
Profit (loss) brought forward from the previous period14P€120k€178k▲
Profit to be distributed694/7-€250k
Return on contributions (dividend)694-€250k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €217 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €223 | €3k | - | - |
| Gross operating margin9900 | €54k | €68k | €86k | €132k | ▲ 53.7% |
| Operating profit (loss)9901 | €52k | €68k | €83k | €132k | ▲ 59.6% |
| Financial income75/76B | - | - | €850 | - | - |
| Recurring financial income75 | - | - | €850 | - | - |
| Non-recurring financial income76B | - | - | €850 | - | - |
| Financial charges65/66B | €19 | €70 | €102 | €98 | ▼ 3.9% |
| Recurring financial charges65 | €19 | €70 | €102 | €98 | ▼ 3.9% |
| Profit (loss) for the period before taxes9903 | €52k | €68k | €84k | €132k | ▲ 58.0% |
| Income taxes67/77 | - | - | €26k | €23k | ▼ 10.4% |
| Profit (loss) for the period9904 | €52k | €68k | €58k | €109k | ▲ 88.1% |
| Profit (loss) for the period to be appropriated9905 | €52k | €68k | €58k | €109k | ▲ 88.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €59k | €125k | €183k | €303k | ▲ 65.9% |
| Formation expenses20 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €446 | €1k | €7k | €8k | ▲ 11.8% |
| Tangible fixed assets22/27 | €446 | €1k | €7k | €8k | ▲ 11.8% |
| Furniture and vehicles24 | €446 | €1k | €7k | €8k | ▲ 11.8% |
| Current assets29/58 | €58k | €124k | €176k | €295k | ▲ 68.1% |
| Amounts receivable within one year40/41 | €1k | €4k | €4k | €13k | ▲ 240% |
| Trade receivables40 | - | - | - | €11k | - |
| Other amounts receivable41 | €1k | €4k | €4k | €3k | ▼ 28.4% |
| Cash at bank and in hand54/58 | €57k | €120k | €172k | €282k | ▲ 64.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €59k | €125k | €183k | €303k | ▲ 65.9% |
| Equity10/15 | €55k | €123k | €181k | €40k | ▼ 77.8% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Outside capital11 | - | - | €3k | €3k | = |
| Other1109/19 | - | - | €3k | €3k | = |
| Profit (loss) carried forward14 | €52k | €120k | €178k | €37k | ▼ 79.1% |
| Amounts payable17/49 | €3k | €2k | €2k | €263k | ▲ 14,052% |
| Amounts payable within one year42/48 | €3k | €2k | €2k | €263k | ▲ 14,052% |
| Trade debts44 | - | €147 | €763 | €11k | ▲ 1,360% |
| Suppliers440/4 | - | €147 | €763 | €11k | ▲ 1,360% |
| Taxes, remuneration and social security45 | €2k | €2k | €1k | €39k | ▲ 3,472% |
| Taxes450/3 | €336 | €1k | €1k | €39k | ▲ 3,472% |
| Remuneration and social security454/9 | €2k | €589 | - | - | - |
| Other amounts payable47/48 | €1k | - | - | €213k | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52k | €68k | €58k | €109k | ▲ 88.1% |
| + Depreciation and write-downs630 | €1k | €223 | €3k | - | - |
| Operating cash flow (approximation) | €54k | €68k | €61k | €109k | ▲ 78.5% |
| Investment in fixed assets (approximation) | - | €-1k | €-9k | €-840 | ▲ 90.4% |
| Change in cash | - | €63k | €52k | €110k | ▲ 113% |
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
Next filing, fiscal year 2026, expected by
2026
19-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2022net €109k ▲88.1%
Operating result €132k, net result €109k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
31-12
Financial
Equity above €150kEq €181k ▲47.2%
3 profitable years in a row build equity to €181k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 57.36
Current ratio from 18.11 to 57.36; short-term debt falls from €3k to €2k.
31-12
Financial
Equity above €100kEq €123k ▲122%
2 profitable years in a row build equity to €123k.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
Financial 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, Sint-Jans-Molenbeek · 1 establishment unit since 2022
Ground area
253 m²
Building footprint
247 m²
Volume, LiDAR
3,170 m³
2 parcels, Brussels · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
136
companies at this address
See who is registered here
1 establishment unit
N4V1
since 20222.329.900.210
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N0121/00R007 | Brussels | 160 m² | 1 · 160 m² | 18.0 m · 4 fl. |
| 21522B0621/00K000 | Brussels | 93 m² | 1 · 86 m² | 17.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,982 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
Founded07-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.