ROADFOUR

Active

Public limited companyfounded 200719 yrs activeJachtlaan 111, 1040 Etterbeek, BelgiumKBO/BCE: BE 0888.581.267

ROADFOUR has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-8k) and a net result of €-49k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 37972 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

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Checked score

Score 2024

44 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency8▼-43

Growth32▼-20

Track record100

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity ample (current ratio 4.81 against 2.21 in 2023; short-term debt: 20.8% and cash: 77.9% of total assets), but equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-17.2%

Return on assets

-102.7%

Age of the figures

20 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year €-8k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

27 d early

2023

65 d late

2022

4 d early

2021

29 d late

2020

27 d late

2019

35 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€-8k

2023 · €41k

2018: €13k 2019: €5k 2020: €1k 2021: €-6k 2022: €-16k 2023: €41k

2018 → 2024

Total assets

€48k▼ 69.4%

2023 · €156k

2018: €15k 2019: €15k 2020: €5k 2021: €3k 2022: €4k 2023: €156k

2018 → 2024

Net result

€-49k▲ 49.4%

2023 · €-97k

2018: €-17k 2019: €-8k 2020: €-3k 2021: €-8k 2022: €-15k 2023: €-97k

2018 → 2024

Working capital

€38k▼ 55.7%

2023 · €85k

2018: €13k 2019: €5k 2020: €1k 2021: €-7k 2022: €-16k 2023: €85k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€1k-€-6k€-16k▼ 154%€41k€-8k

Operating result€-3k-€-8k▼ 128%€-15k▼ 94.7%€-97k▼ 554%€-49k▲ 48.8%

Net result€-3k-€-8k▼ 125%€-15k▼ 88.6%€-97k▼ 563%€-49k▲ 49.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €49k in 2024 against €97k in 2023; the loss shrinks.

Key figures and ratios

2024 value · change against 2023

Solvency

-17.2%▼

2023 · 26.1%

Current ratio

4.81▲

2023 · 2.21

Quick ratio

4.81▲

2023 · 2.21

Debt / equity

-6.81▼

2023 · 2.82

ROA

-102.7%▼

2023 · -62.1%

Debt

€56k▼

2023 · €115k

Debt ≤ 1 year

€10k▼

2023 · €71k

Debt > 1 year

€46k▲

2023 · €45k

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€156k€48k▼

Current assets29/58€156k€48k▼

Amounts receivable within one year40/41€49k€10k▼

Trade receivables40€45k-

Other amounts receivable41€4k€10k▲

Cash at bank and in hand54/58€107k€37k▼

Deferred charges and accrued income490/1-€259

Equity and liabilities

Total equity and liabilities10/49€156k€48k▼

Equity10/15€41k€-8k▼

Contributions10/11€250k€250k=

Capital10€250k€250k=

Issued capital100€250k€250k=

Profit (loss) carried forward14€-209k€-258k▼

Amounts payable17/49€115k€56k▼

Amounts payable after more than one year17€45k€46k▲

Other amounts payable178/9€45k€46k▲

Amounts payable within one year42/48€71k€10k▼

Trade debts44€71k€10k▼

Suppliers440/4€71k€10k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€358-

Other operating charges640/8€614€511▼

Gross operating margin9900€-96k€-49k▲

Operating profit (loss)9901€-97k€-49k▲

Financial income75/76B€58€750▲

Recurring financial income75€58€750▲

Financial charges65/66B€269€267▼

Recurring financial charges65€269€267▼

Profit (loss) for the period before taxes9903€-97k€-49k▲

Profit (loss) for the period9904€-97k€-49k▲

Profit (loss) for the period to be appropriated9905€-97k€-49k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-209k€-258k▼

Profit (loss) brought forward from the previous period14P€-112k€-209k▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

04-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Liquidity doublescurrent ratio 4.81

Current ratio from 2.21 to 4.81; short-term debt falls from €71k to €10k.

04-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 65 days late

2023

31-12

Financial Weakest financial yearnet €-97k

Net result drops to €-97k, the lowest in the series; recovery starts the following year.

31-12

Financial Liquidity times 12current ratio 2.21

Current ratio from 0.19 to 2.21.

27-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

29-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 29 days late

2021

27-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 27 days late

2020

26-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

18-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

20-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

12-06

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

2016

28-06

NBB filing Annual accounts filed

fiscal year 2015 · full 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, Etterbeek · 1 establishment unit since 2007

establishment The establishment unit on the map

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.

Jachtlaan 1111040 Etterbeek

Ground area

187 m²

Building footprint

94 m²

Volume, LiDAR

1,267 m³

Parcel 21364B0123/00N008, Brussels · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

ROADFOUR

Jachtlaan 111, 1040 EtterbeekNACE 72600

since 20072.164.414.349

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21364B0123/00N008	Brussels	187 m²	1 · 94 m²	17.6 m · 5 fl.

Linked by address, not proof of ownership

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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 4,350 EUR awarded

Year	Entries	awarded	paid
2023	1	4,350 EUR	0 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 4,350 EUR · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Villers-la-Ville · Eq €41k

Of 82,518 companies in sector 70200 we hold annual accounts for 52,573. 36,827 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded05-04-2007

Fiscal year end31-12

Activities, NACEBEL

70200Business and other management consultancy

70220Business consulting

74142

Sources

Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.