Summary
P4HOLDING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €155k and a net result of €-11k. Equity is growing by ~40.3% per year across the filed fiscal years. Its solvency ranks better than 33% of 5547 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 10-06-2026, 51 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
51 d early
2024
6 d late
2023
27 d late
2022
31 d late
2021
61 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
€155k▼ 6.4%
2024 · €165k
Net result
€-11k
2024 · €47k
Total assets
€482k▼ 4.9%
2024 · €507k
Solvency
32.1%▼ 0.5pp
2024 · 32.6%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-2k-€69k€68k▼ 1.4%€66k▼ 2.6%€-5k
Net result€-2k-€48k€52k▲ 6.8%€47k▼ 9.3%€-11k
Equity€18k-€67k▲ 267%€118k▲ 77.7%€165k▲ 39.7%€155k▼ 6.4%
Total assets€469k-€500k▲ 6.7%€526k▲ 5.2%€507k▼ 3.6%€482k▼ 4.9%
Debt€451k-€434k▼ 3.8%€408k▼ 6.0%€342k▼ 16.1%€328k▼ 4.2%
Working capital€-69k-€-42k▲ 39.7%€-13k▲ 68.2%€12k€-23k
Solvency3.9%-13.3%▲ 9.4pp22.5%▲ 9.2pp32.6%▲ 10.1pp32.1%▼ 0.5pp
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €66k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €482k
Fixed assets
€413k =
Current assets
€69k ▼ 26.5%
Equity and liabilities €482k
Equity
€155k ▼ 6.4%
Debt
€328k ▼ 4.2%
Debt's share of the balance-sheet total rises from 67.4% to 67.9%. Equity and debt are lower.
Key figures and ratios
ROE
-6.8%▼
2024 · 28.4%
ROA
-2.2%▼
2024 · 9.3%
Debt ≤ 1 year
€93k▲
2024 · €82k
Debt > 1 year
€233k▼
2024 · €256k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €629 | €348 | €384 | €387 | €1k | ▲ 162% |
| Non-recurring operating charges66A | - | - | - | - | €29 | - |
| Gross operating margin9900 | €-1k | €69k | €68k | €66k | €-4k | ▼ 105% |
| Operating profit (loss)9901 | €-2k | €69k | €68k | €66k | €-5k | ▼ 107% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - |
| Financial charges65/66B | €2 | €4k | €4k | €3k | €6k | ▲ 69.3% |
| Recurring financial charges65 | €2 | €4k | €4k | €3k | €6k | ▲ 69.3% |
| Profit (loss) for the period before taxes9903 | €-2k | €65k | €64k | €63k | €-11k | ▼ 117% |
| Income taxes67/77 | - | €16k | €12k | €16k | - | - |
| Profit (loss) for the period9904 | €-2k | €48k | €52k | €47k | €-11k | ▼ 122% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €48k | €52k | €47k | €-11k | ▼ 122% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €469k | €500k | €526k | €507k | €482k | ▼ 4.9% |
| Fixed assets21/28 | €413k | €413k | €413k | €413k | €413k | = |
| Financial fixed assets28 | €413k | €413k | €413k | €413k | €413k | = |
| Current assets29/58 | €56k | €87k | €113k | €94k | €69k | ▼ 26.5% |
| Amounts receivable within one year40/41 | €52k | €50k | €62k | €27k | €24k | ▼ 10.5% |
| Trade receivables40 | - | - | €7k | €7k | €4k | ▼ 50.0% |
| Other amounts receivable41 | €52k | €50k | €54k | €20k | €20k | ▲ 4.0% |
| Cash at bank and in hand54/58 | €3k | €37k | €51k | €67k | €45k | ▼ 32.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €469k | €500k | €526k | €507k | €482k | ▼ 4.9% |
| Equity10/15 | €18k | €67k | €118k | €165k | €155k | ▼ 6.4% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | - | €47k | €98k | €145k | €145k | = |
| Distributable reserves133 | - | €47k | €98k | €145k | €145k | = |
| Profit (loss) carried forward14 | €-2k | - | - | - | €-11k | - |
| Amounts payable17/49 | €451k | €434k | €408k | €342k | €328k | ▼ 4.2% |
| Amounts payable after more than one year17 | €326k | €302k | €279k | €256k | €233k | ▼ 9.1% |
| Financial debts170/4 | €326k | €302k | €279k | €256k | €233k | ▼ 9.1% |
| Amounts payable within one year42/48 | €125k | €129k | €126k | €82k | €93k | ▲ 12.8% |
| Current portion of amounts payable after more than one year42 | €23k | €23k | €23k | €23k | €23k | = |
| Trade debts44 | - | €546 | €0 | €1k | €5k | ▲ 395% |
| Suppliers440/4 | - | €546 | €0 | €1k | €5k | ▲ 395% |
| Taxes, remuneration and social security45 | - | €3k | €1k | €1k | €0 | ▼ 100% |
| Taxes450/3 | - | €3k | €1k | €1k | €0 | ▼ 100% |
| Other amounts payable47/48 | €102k | €102k | €102k | €56k | €64k | ▲ 14.0% |
| Accrued charges and deferred income492/3 | - | €2k | €2k | €4k | €2k | ▼ 43.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €48k | €52k | €47k | €-11k | ▼ 122% |
| Operating cash flow (approximation) | €-2k | €48k | €52k | €47k | €-11k | ▼ 122% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €34k | €14k | €16k | €-22k | ▼ 239% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 6 days late
2024
31-12
Financial
Equity above €150kEq €165k ▲39.7%
3 profitable years in a row build equity to €165k.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
31-12
Financial
Highest result since 2021net €52k ▲6.8%
Net result €52k, the highest in the series.
31-12
Financial
Equity above €100kEq €118k ▲77.7%
2 profitable years in a row build equity to €118k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Seraing · 1 establishment unit since 2021
Ground area
4,638 m²
Building footprint
1,139 m²
Volume, LiDAR
4,115 m³
2 parcels, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
P4HOLDING
since 20212.318.136.781
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62352E0575/00Y000 | Wallonia | 2,742 m² | 1 · 484 m² | 10.1 m · 3 fl. |
| 61043B0005/00H000 | Wallonia | 1,896 m² | 1 · 655 m² | - |
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 24,730 companies in sector 64210 we hold annual accounts for 19,766. 13,295 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
Founded21-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
82100Office administrative and support services
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.