Checked.be
Active
BE 0795.267.960Public limited company
NB4
Kanaaldijk 16 ·2380 Ravels, Belgium· 3 yrs active
Sector: Renting and operating of own or leased non-residential real estate, excluding land
(68203)
Conclusion
NB4 has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191k and a net result of €39k. Its solvency ranks better than 50% of 547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €191k |
| Net result | €39k |
| Better than sector | 50% |
| Active | 3 yrs |
Financial profile
66
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
46
Profitability
100
Solvency
11
Growth
78
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
46
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 29-04-2026 with the NBB · fiscal year 2025 · abbreviated schema
Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 16.2% | 16.2% | |
| Net result | €39k | €6k | |
| Equity | €191k | €167k | |
| Gross operating margin | €124k | €77k | |
| Total assets | €1.18M | €1.39M |
€111k
-39.5%
24-25
€39k
-
24-25
€68k
-32.7%
24-25
€1.18M
-2.4%
24-25
€191k
+25.5%
24-25
€-436k
-0.5%
24-25
€988k
-6.4%
24-25
€469k
+0.5%
24-25
€516k
-11.8%
24-25
0.07
+0.1%
24-25
0.07
+0.1%
24-25
16.2%
+28.5%
24-25
5.16
-25.4%
24-25
20.3%
-
24-25
3.3%
-
24-25
2.57
+15.9%
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | abbreviated schema |
| Revenue | - |
| EBITDA | €111k |
| Net profit | €39k |
| Cash flow | €68k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.18M |
| Equity | €191k |
| Debt | €988k |
| of which ≤ 1y | €469k |
| of which > 1y | €516k |
| Working capital | €-436k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.07 |
| Quick ratio | 0.07 |
| Working capital ratio | -37.0% |
| Solvency | 16.2% |
| Debt / equity | 5.16 |
| Long-term debt ratio | 2.70 |
| Interest coverage | 2.57 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.3% |
| ROE | 20.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Balance-sheet composition 2025
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.18M |
| Fixed assets | 21/28 | €1.15M |
| Tangible fixed assets | 22/27 | €1.15M |
| Current assets | 29/58 | €33k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €31k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.18M |
| Equity | 10/15 | €191k |
| Contributions / capital | 10/11 | €250k |
| Accumulated profits (losses) | 14 | €-59k |
| Amounts payable | 17/49 | €988k |
| Amounts payable after one year | 17 | €516k |
| Amounts payable within one year | 42/48 | €469k |
| Trade debts payable within one year | 44 | €0 |
| Income statement | ||
| Gross operating margin | 9900 | €124k |
| Operating result | 9901 | €82k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €43k |
| Result before taxes | 9903 | €39k |
| Net result for the period | 9904 | €39k |
| Result to be appropriated | 9905 | €39k |
Legal Structure
| NACE primary | Renting and operating of own or leased non-residential real estate, excluding land(68203) |
| Legal form | Public limited company(014) |
| Incorporation | 22-12-2022 |
| Status | Active |
| Postal code | 2380 |
Establishment units
NB4
since 20222.341.141.619
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13035A0004/00X074 | Flanders | 4,946 m² | 1 · 1,733 m² | - |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2026
29-04-2026 NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-04-2025 NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Renting and operating of own or leased non-residential real estate, excluding land68203
Names & trade names
| Legal nameNL | NB4 |
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