Equity
€4.1m ▲ 9.8%
4EST has made a profit without a break since 2012.
4EST
Lifetime
20 annual accounts with figures on one time axis, 50 filings since 1976Gross marginpeak €642,902 (2008)
€538,501▲ 5.3%
Resultlowest -€43,289 (2011)
€364,899▼ 47.2%
Equitypeak €4.1m (2025)
€4.1m▲ 9.8%
Debts
€359,679▲ 268%
Staffpeak 11.6 FTE (2008)
-not published
Owners2 names in the annual accounts
Documentsfilings and deeds
28-08-202628 days late
2025financial year
Result from €691,138 to €364,899Debts from €97,824 to €359,679Investments €300,000Cash from €57,679 to €252,132
Key points
from the 2025 annual accountsResult
€364,899 ▼ 47.2%
The result fell in 2025 from €691,138 to €364,899.
Debts
€359,679 ▲ 268%
Debts rose by €261,854 in 2025.
Investments
€300,000 3.1 × depreciation
Green is investment, beige is depreciation. Machinery stands 4029.8% higher than in 2024.
Liquidity
9.93 was 38.37 in 2024
Short-term debts rose from €76,524 to €338,379.
Filings
50 annual accounts since 1976
Eight of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.
Checked score
97
Excellent
Financially stronger than 77% of small companies in chemicals (NACE 20)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 147 companies (NACE 20, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value
08-2025: < 0.1%▼ -0.3 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: 0.1%▲ +0.1 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: < 0.1%▼ -0.2 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 9.93, cash €252,132
lowers risk
Size: total assets €4.4m
Figures for financial year 2025 (filed on 28-08-2026)
Founded in 1968
Calculation
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 20, small). It does better than 91% of them on solvency, 70% on liquidity, 74% on profitability and 71% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
Comparable companies, two years later
In July 2024, 20,136 companies had the same profile as 4EST has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of 4EST itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,136 companies, not a prediction for 4EST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €390,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 9.93 (38.37 in 2024), above the usual 1.5. Short-term debt is 7.6% and cash 5.7% of total assets. 8.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
30 days early
2023
12 days early
2022
11 days late
2021
31 days late
2020
10 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Plasmajet Technologies consolidatesscore 97equity €3.9m (2025) · annual accounts 2021
Recent changes
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Hechtel-Eksel
First establishment
Dellestraat 24, Lummen
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| 4EST Lummen | €4.4m | €0.5m | 91.9% | - |
| PROCHIBAT Perwez | €2.3m | €0.6m | 93.0% | 5.5 |
| Franz JOST Bullange | €3.1m | €1.2m | 66.4% | 6.2 |
| LOS BLANCOS Aalst | €1.5m | €0.7m | 33.4% | 6.4 |
| ZINGAMETALL Nazareth-De Pinte | €3.1m | €1.5m | 67.4% | 10.7 |
| H.S.H. AEROSPACE FINISHES Asse | €2.8m | €1.6m | 54.5% | 11.9 |
| RENO PAINTS Ciney | €1.1m | €0.4m | 19.5% | 5.5 |
These companies have the same main activity as 4EST: manufacture of chemicals and chemical products (NACE 20300). They are comparable in size and age: total assets between €1.1m and €3.1m, founded between 1978 and 1986.
Official details
Source: KBO- Status
- Active since 22-11-1968Normal situation
- Activity
- Manufacture of chemicals and chemical productsNACE 20300
- Establishment unit
- 2.128.442.3933560 Lummen, since 01-06-1973
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- Turnover
- ≈ €1.3mestimated
- Total assets
- €4.4m▲ 16.4%
- Filing
- Filed on 28-08-2026
Insights on 4EST
4EST has existed since 1968. The gross margin fell from €642,902 in 2008 to €295,125 in 2009 and staff from 11.6 to 5.4 full-time equivalents.
Solvency fell in 2025 from 97.4% to 91.9% because of higher debts to suppliers.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about 4EST
- What is the company number of 4EST?
- The company number of 4EST is 0406.185.718. The VAT number is the same number with BE in front: BE 0406.185.718.
- Where is 4EST based?
- The registered office is at Dellestraat 24, 3560 Lummen.Company details
- What does 4EST do?
- According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20300).
- What is the legal form of 4EST?
- 4EST is a public limited company (NV).
- When was 4EST founded?
- 4EST was founded on 22-11-1968.
- Is 4EST still active?
- Yes, 4EST is an active enterprise in the KBO register.
- What is the turnover of 4EST?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €538,501 and 2,281 comparable companies of the same size. It probably lies between €760,000 and €2.2m. It is a rough estimate.Financials
- Is 4EST profitable?
- In financial year 2025, 4EST made a profit of €364,899.
- Where can I find the annual accounts of 4EST?
- 4EST filed 50 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of 4EST due?
- 4EST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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