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TEAM4

Active
Private limited companyfounded 20232 yrs activeRue des Viaducs(N) 58, 7020 Mons, BelgiumKBO/BCE: BE 1002.002.674
Summary

The computed 12-month bankruptcy probability of TEAM4 is 3.3% (moderate). The 2024 annual accounts show equity of €75,633 and a net result of €35,980. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability93
Solvency65
Growth-
Track record67
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.22; short-term debt: 13.9% and cash: 13.8% of total assets), and 59.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · 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
40.1%
Return on assets
19.1%
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 23-06-2025, 38 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2024 accounts 38 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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

History

On 7 November 2023, TEAM4 was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€35,980
Working capital
€5,830
Balance-sheet composition
Assets €187,498
Fixed assets €155,400
Current assets €32,098
Equity and liabilities €188,422
Equity €75,633
Debt €112,789
Debt finances 59.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€45,016
Cash flow
€40,176
Current ratio
1.22
Debt to equity
1.49
ROE
47.6%
ROA
19.1%
Interest coverage
9.30
Debt ≤ 1 year
€26,269
Debt > 1 year
€86,520

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 32 lines
Balance sheet Code2024
Assets
Total assets20/58€188,422
Formation expenses20€923
Fixed assets21/28€155,400
Tangible fixed assets22/27€155,400
Land and buildings22€145,000
Assets under construction and advance payments27€10,400
Current assets29/58€32,098
Amounts receivable within one year40/41€6,072
Other amounts receivable41€6,072
Cash at bank and in hand54/58€26,026
Equity and liabilities
Total equity and liabilities10/49€188,422
Equity10/15€75,633
Contributions10/11€10,000
Revaluation surpluses12€29,653
Profit (loss) carried forward14€35,980
Amounts payable17/49€112,789
Amounts payable after more than one year17€86,520
Financial debts170/4€79,065
Other amounts payable178/9€7,455
Amounts payable within one year42/48€26,269
Current portion of amounts payable after more than one year42€8,136
Other amounts payable47/48€18,133
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,197
Other operating charges640/8€1,844
Gross operating margin9900€46,860
Operating profit (loss)9901€40,819
Financial charges65/66B€4,840
Recurring financial charges65€4,840
Profit (loss) for the period before taxes9903€35,980
Profit (loss) for the period9904€35,980
Profit (loss) for the period to be appropriated9905€35,980
Appropriation of the result
Profit (loss) to be appropriated9906€35,980

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,197
Other operating charges640/8€1,844
Gross operating margin9900€46,860
Operating profit (loss)9901€40,819
Financial charges65/66B€4,840
Recurring financial charges65€4,840
Profit (loss) for the period before taxes9903€35,980
Profit (loss) for the period9904€35,980
Profit (loss) for the period to be appropriated9905€35,980
Line2024
Assets
Total assets20/58€188,422
Formation expenses20€923
Fixed assets21/28€155,400
Tangible fixed assets22/27€155,400
Land and buildings22€145,000
Assets under construction and advance payments27€10,400
Current assets29/58€32,098
Amounts receivable within one year40/41€6,072
Other amounts receivable41€6,072
Cash at bank and in hand54/58€26,026
Equity and liabilities
Total equity and liabilities10/49€188,422
Equity10/15€75,633
Contributions10/11€10,000
Revaluation surpluses12€29,653
Profit (loss) carried forward14€35,980
Amounts payable17/49€112,789
Amounts payable after more than one year17€86,520
Financial debts170/4€79,065
Other amounts payable178/9€7,455
Amounts payable within one year42/48€26,269
Current portion of amounts payable after more than one year42€8,136
Other amounts payable47/48€18,133
Line2024
Profit (loss) for the period9904€35,980
+ Depreciation and write-downs630€4,197
Operating cash flow (approximation)€40,176

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Mons · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
306 m²
Building footprint
42 m²
Volume, LiDAR
344 m³
Parcel 53059D0187/00L000, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TEAM4
Rue des Viaducs(N) 58, 7020 MonsRenting and operating of own or leased residential real estate, excluding social housing
since 20232.351.828.148
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53059D0187/00L000 Wallonia 306 m² 1 · 42 m² 10.3 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded07-11-2023
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.