Equity
€35,575 from €64,879 in 2021
Equity fell by 45% in 4 years.
S4D
Lifetime
13 annual accounts with figures on one time axispeak €39,696 (2021)
€7,954▼ 55.9%
lowest -€10,603 (2023)
€2,949▼ 35.2%
peak €64,879 (2021)
€35,575▲ 9.0%
€52,777▼ 20.3%
Board2 names since 2011
2 directors and 1 other
Documentsfilings and deeds
15-10-202676 days late
2025micro format
Gross margin from €18,054 to €7,954Result from €4,552 to €2,949Debts from €66,237 to €52,777Cash from €1,719 to €11,401
Key points
from the 2025 annual accountsFilings
13 annual accounts 76 days
Latest accounts filed late: after the legal deadline.
At the same address
481 companies
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 10,915 companies had the same profile as S4D has now. Each dot stands for 28 companies, two years later.
95.0%
were still trading
4.1%
stopped another way
0.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 10,915 companies, not a prediction for S4D. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0840937045
Registered office moved within Brussels
New registered office: Avenue Louise 367 à 1050 BRUXELLES · Previous registered office: Rue Verbist 95-97 à 1210 BRUXELLES · General meeting of 30-10-2015 · Gazette deed
First establishment
Louizalaan 367, Ixelles
Incorporation
published on 14-11-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| S4D Ixelles | €88,352 | €7,954 | 40.3% | - |
| FURNAL Racing Charleroi | €88,122 | €7,095 | 27.8% | - |
| My-Team Aarschot | €116,593 | €12,435 | -60.9% | 0 |
| BEPAR Antwerp | €71,898 | €14,658 | 63.5% | 0 |
| TEAM SPORT PEETERS Zandhoven | €52,057 | €12,483 | 54.2% | - |
| Eddy Sterckx Bait Range Westerlo | €121,605 | €19,764 | 92.5% | - |
| WINSPORT Aywaille | €147,311 | €23,883 | 52.5% | - |
These companies have the same main activity as S4D: wholesale trade (NACE 46496). They are comparable in size and age: total assets between €52,100 and €147,000, founded between 2008 and 2014.
Official details
Source: KBO- Status
- Active since 09-11-2011Normal situation
- Registered office
- 482 active companies are registered at this address34 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- Wholesale tradeNACE 46496and 1 other
- Establishment unit
- 2.205.962.9141050 Ixelles, since 17-01-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Insights on S4D
S4D files the micro format. That format states no turnover. The gross margin rose from -€3,174 in 2013 to €7,954 in 2025.
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 S4D
- What is the company number of S4D?
- The company number of S4D is 0840.937.045. The VAT number is the same number with BE in front: BE 0840.937.045.
- Where is S4D based?
- The registered office is at Louizalaan 367, 1050 Ixelles.Company details
- What does S4D do?
- According to the KBO register, the main activity is wholesale trade (NACE 46496).
- What is the legal form of S4D?
- S4D is a private limited company (pre-2019) (BVBA).
- When was S4D founded?
- S4D was founded on 09-11-2011.
- Is S4D still active?
- Yes, S4D is an active enterprise in the KBO register.
- What is the turnover of S4D?
- The turnover in financial year 2025 is ≈ €78,000. This figure is estimated from the gross margin of €7,954 and 41 comparable companies (NACE 464). It probably lies between €40,000 and €320,000. It is a rough estimate.Financials
- Is S4D profitable?
- In financial year 2025, S4D made a profit of €2,949.
- Where can I find the annual accounts of S4D?
- S4D filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of S4D due?
- S4D must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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