Pace4
ActivePace4 has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €592k and a net result of €74k. Equity is growing by ~28.5% per year across the filed fiscal years. Its solvency ranks better than 84% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-18
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 21.11 against 6.5 in 2023; short-term debt: 4.7% and cash: 86.1% of total assets), and 15.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
84.2%
Return on assets
10.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
44 d early
2022
13 d early
2021
30 d early
2020
37 d late
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€74k▼ 56.8%
2023 · €170k
2019: €111k
2020: €150k
2021: €152k
2022: €162k
2023: €170k
2019 → 2024
Working capital
€665k▲ 27.0%
2023 · €524k
2019: €76k
2020: €183k
2021: €307k
2022: €421k
2023: €524k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€198k-€319k▲ 60.8%€431k▲ 35.2%€531k▲ 23.3%€592k▲ 11.4%
Operating result€204k-€200k▼ 2.1%€230k▲ 14.9%€219k▼ 4.7%€95k▼ 56.6%
Net result€150k-€152k▲ 1.5%€162k▲ 6.7%€170k▲ 5.1%€74k▼ 56.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 57% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €703k
Fixed assets
€5k▼ 35.4%
Current assets
€698k▲ 12.8%
Equity and liabilities €703k
Equity
€592k▲ 11.4%
Provisions
€78k
Debt
€33k▼ 65.3%
The debt ratio falls from 15.2% to 4.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€97k▼
2023 · €222k
Cash flow
€76k▼
2023 · €173k
Solvency
84.2%▼
2023 · 84.8%
Current ratio
21.11▲
2023 · 6.50
Quick ratio
21.11▲
2023 · 6.50
Debt / equity
0.06▼
2023 · 0.18
ROE
12.4%▼
2023 · 32.1%
ROA
10.5%▼
2023 · 27.2%
Interest coverage
522.05▼
2023 · 1214.17
Debt
€33k▼
2023 · €95k
Debt ≤ 1 year
€33k▼
2023 · €95k
Income taxes
€21k▼
2023 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€626k€703k▲
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€7k€5k▼
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€43€43=
Current assets29/58€619k€698k▲
Amounts receivable within one year40/41€84k€89k▲
Trade receivables40€60k€35k▼
Other amounts receivable41€23k€53k▲
Cash at bank and in hand54/58€533k€605k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€626k€703k▲
Equity10/15€531k€592k▲
Contributions10/11€20k€20k=
Reserves13€511k€572k▲
Distributable reserves133€511k€572k▲
Provisions and deferred taxes16-€78k
Deferred taxes168-€78k
Amounts payable17/49€95k€33k▼
Amounts payable within one year42/48€95k€33k▼
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€20k€15k▼
Taxes450/3€17k€15k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€72k€15k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€78k
Other operating charges640/8€806€722▼
Gross operating margin9900€222k€177k▼
Operating profit (loss)9901€219k€95k▼
Financial income75/76B€20€16▼
Recurring financial income75€20€16▼
Financial charges65/66B€183€187▲
Recurring financial charges65€183€187▲
Profit (loss) for the period before taxes9903€219k€95k▼
Income taxes67/77€48k€21k▼
Profit (loss) for the period9904€170k€74k▼
Profit (loss) for the period to be appropriated9905€170k€74k▼
Appropriation of the result
Profit (loss) to be appropriated9906€170k€74k▼
Transfer to equity691/2€100k€61k▼
To other reserves6921€100k€61k▼
Profit to be distributed694/7€70k€13k▼
Return on contributions (dividend)694€70k€13k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €74k ▼56.8%
Net result drops to €74k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 21.11
Current ratio from 6.50 to 21.11; short-term debt falls from €95k to €33k.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2019net €170k ▲5.1%
Net result €170k, the highest in the series.
31-12
Financial
Equity above €500kEq €531k ▲23.3%
5 profitable years in a row build equity to €531k.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 5.65
Current ratio from 2.24 to 5.65; short-term debt falls from €147k to €66k.
31-12
Financial
Equity above €200kEq €319k ▲60.8%
3 profitable years in a row build equity to €319k.
06-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 37 days late
2020
31-12
Financial
Equity above €150kEq €198k ▲117%
2 profitable years in a row build equity to €198k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schaarbeek · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gustave Hubertistraat 51030 SchaarbeekGround area
235 m²
Building footprint
136 m²
Volume, LiDAR
1,192 m³
2 parcels, Brussels · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Pace4
since 20192.284.858.853
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21015A0165/00S004 | Brussels | 123 m² | 1 · 65 m² | 12.4 m · 3 fl. |
| 21015A0165/00W004 | Brussels | 112 m² | 1 · 71 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900R5Q2VKSLDL0W69
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Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 5,572 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2019
Fiscal year end31-12
Abbreviation FR
P4
Activities, NACEBEL
82990Other business support services
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
85592Vocational training
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:laurentpeeters1@gmail.com
Phone:+32477300930