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V4 GP

Active
Private limited companyfounded 2024active for 2 yearsJan Mommaertslaan 22, 1831 Machelen (Brab.), Belgium37 active companies are registered at this addressKBO/BCE: BE 1007.309.168
Summary

V4 GP has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,838 and a net result of €111,838. The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
“Het management,besturen en beheren van al dan niet verbonden vennootschappen,instellingen,fondsen,stichtingen,ondernemingen of verenigingen,onder welke vorm…” (deed in Dutch)
From the articles, 4 activitiesNo NACE code in the KBO yet1 site
Size
≈ €380,000turnover 2025, estimated
Equity
€21,838
Profit
€111,838
Turnover estimated from the gross margin
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Structure
Parent
VENDIS CAPITAL MANAGEMENT · 100%
Holdings
2
2025 accounts 50 days early
Why 66raises riskFounded in 2024No main activity registeredlowers riskLiquidity: current ratio 1.17, cash €11,196Figures for financial year 2025 (filed 11-06-2026)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 74% of its sector peers (no NACE code, micro)
Financial strength
Strong
Solvency 95
equity 69.6% of total assets
Liquidity 82
short-term debt 30.4% · cash 35.7%
Profitability 100
return on assets 356.2%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 04-2025: 2.4% 05-2025: 2.4%● unchanged vs 04-2025 06-2025: 2.5%▲ +0.1 percentage points vs 05-2025 07-2025: 2.9%▲ +0.4 percentage points vs 06-2025 08-2025: 3.1%▲ +0.2 percentage points vs 07-2025 09-2025: 3.4%▲ +0.3 percentage points vs 08-2025 10-2025: 3.6%▲ +0.2 percentage points vs 09-2025 11-2025: 3.6%● unchanged vs 10-2025 12-2025: 3.5%▼ -0.1 percentage points vs 11-2025 01-2026: 3.5%● unchanged vs 12-2025 02-2026: 3.9%▲ +0.4 percentage points vs 01-2026 03-2026: 3.8%▼ -0.1 percentage points vs 02-2026 04-2026: 4.6%▲ +0.8 percentage points vs 03-2026highest value 05-2026: 4.6%● unchanged vs 04-2026highest value 06-2026: 4.6%● unchanged vs 05-2026highest value 07-2026: 1.4%▼ -3.2 percentage points vs 06-2026 08-2026: 1.4%● unchanged vs 07-2026 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 1.3%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.17, below the usual 1.5; short-term debt: 30.4% and cash: 35.7% of total assets), and 30.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 58% on solvency, 74% on liquidity and 90% on profitability.

The bankruptcy probability was computed on 29-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · No main activity registered
KBO
lowers risk · Liquidity: current ratio 1.17, cash €11,196
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 11-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
50 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. IncorporationAppointment: VENDIS CAPITAL MANAGEMENT (director)…

Financials · financial year 2025, abbreviated format

Turnover
≈ €380,000
Estimated: probably between €230,000 and €710,000
Total assets
€31,396
Net result
€111,838
Working capital
€1,638

Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €31,396
Fixed assets €20,200
Current assets €11,196
Equity and liabilities €31,396
Equity €21,838
Debt €9,558
Debt finances 30.4% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.17
Debt to equity
0.44
ROE
512.1%
ROA
356.2%
Debt ≤ 1 year
€9,558
Income taxes
€37,279
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 29 lines
Balance sheet Code2025
Assets
Total assets20/58€31,396
Fixed assets21/28€20,200
Financial fixed assets28€20,200
Current assets29/58€11,196
Cash at bank and in hand54/58€11,196
Equity and liabilities
Total equity and liabilities10/49€31,396
Equity10/15€21,838
Contributions10/11€10,000
Profit (loss) carried forward14€11,838
Amounts payable17/49€9,558
Amounts payable within one year42/48€9,558
Trade debts44€387
Suppliers440/4€387
Taxes, remuneration and social security45€9,171
Taxes450/3€9,171
Income statement Code2025
Other operating charges640/8€271
Gross operating margin9900€149,384
Operating profit (loss)9901€149,113
Financial income75/76B€360
Recurring financial income75€360
Financial charges65/66B€356
Recurring financial charges65€356
Profit (loss) for the period before taxes9903€149,117
Income taxes67/77€37,279
Profit (loss) for the period9904€111,838
Profit (loss) for the period to be appropriated9905€111,838
Appropriation of the result
Profit (loss) to be appropriated9906€111,838
Profit to be distributed694/7€100,000
Return on contributions (dividend)694€100,000

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€271
Gross operating margin9900€149,384
Operating profit (loss)9901€149,113
Financial income75/76B€360
Recurring financial income75€360
Financial charges65/66B€356
Recurring financial charges65€356
Profit (loss) for the period before taxes9903€149,117
Income taxes67/77€37,279
Profit (loss) for the period9904€111,838
Profit (loss) for the period to be appropriated9905€111,838
Line2025
Assets
Total assets20/58€31,396
Fixed assets21/28€20,200
Financial fixed assets28€20,200
Current assets29/58€11,196
Cash at bank and in hand54/58€11,196
Equity and liabilities
Total equity and liabilities10/49€31,396
Equity10/15€21,838
Contributions10/11€10,000
Profit (loss) carried forward14€11,838
Amounts payable17/49€9,558
Amounts payable within one year42/48€9,558
Trade debts44€387
Suppliers440/4€387
Taxes, remuneration and social security45€9,171
Taxes450/3€9,171
Line2025
Profit (loss) for the period9904€111,838
Operating cash flow (approximation)€111,838

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 11-06-2026 2026-00159463

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
VENDIS CAPITAL MANAGEMENT
Director · since 21-03-2024 · Public limited company
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
VENDIS CAPITAL MANAGEMENT
  • Director, from 21-03-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. VENDIS CAPITAL MANAGEMENT 100%
  2. V4 GP

Highest known parent: VENDIS CAPITAL MANAGEMENT. The sources do not say who stands above it.

According to the 2025 annual accounts of V4 GP and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 21-03-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 21-03-2024 Incorporation · €10,000 · 10,000 shares

Group and network

Holdings and subsidiaries

2 holdings

Holdings 2

Source for every holding own accounts 2025

According to the 2025 annual accounts of V4 GP and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

2 connected companies
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
VCD GP
Shared corporate director
→
VT GP
Shared corporate director
→

History

V4 GP was incorporated on 19 March 2024 as a private limited company by VENDIS CAPITAL MANAGEMENT, with a starting capital of €10,000.12 Since 2024, VENDIS CAPITAL MANAGEMENT has served as director of the company.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-03-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
11-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2024
21-03
Gazette deed Incorporation
Appointment: VENDIS CAPITAL MANAGEMENT (director) · Permanent representatives: DETURCK Michiel Albert Henri and OLBRECHTS Cedric Hervé Thérèse Philippe · Founder8 facts ▸
  • Founder, VENDIS CAPITAL MANAGEMENT
  • Incorporation, “V4 GP” (deed in Dutch)
  • Founding capital, €10,000
  • Other provision, “verzoek vaststelling oprichting en statuten bij authentieke akte, oprichting en statuten vast te stellen bij authentieke akte” (deed in Dutch)
  • Director appointment, VENDIS CAPITAL MANAGEMENT (director)
  • Permanent representative, DETURCK Michiel Albert Henri
  • Permanent representative, OLBRECHTS Cedric Hervé Thérèse Philippe (plaatsvervangend vaste vertegenwoordiger)
  • Declaration, “bestuursverbod, België en buitenland” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded19-03-2024
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007309168
Also 9925:BE1007309168
Registered 29-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
1.5 ha
Building footprint
1,365 m²
Building volume
15,633 m³
Parcel 23015B0161/00D006, Flanders · tallest building 20.2 m. Linked by address, not a title deed.
37 companies at this address See who is registered here
1 establishment unit
V4 GP
Jan Mommaertslaan 22, 1831 Machelen (Brab.)Other business support services
since 2024unit no. 2.361.099.863
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23015B0161/00D006 Flanders 1.5 ha 1 · 1,365 m² 20.2 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het management,besturen en beheren van al dan niet verbonden vennootschappen,instellingen,fondsen,stichtingen,ondernemingen of…” (deed in Dutch)
4 activities (deed in Dutch)
  1. Het management,besturen en beheren van al dan niet verbonden vennootschappen,instellingen,fondsen,stichtingen,ondernemingen of verenigingen,onder welke vorm of van welke aard ook;
  2. Het uitoefenen,waarnemen of bekleden van mandaten van bestuurder,zaakvoerder,vereffenaar,dagelijks bestuurder van vennootschappen,instellingen,fondsen,stichtingen,ondernemingen of verenigingen van of gelijkaardige functies;
  3. Het verlenen van diensten en het adviseren op het vlak van management,bedrijfsbeheer,organisatie,administratie,(dagelijks) beheer en beleid op alle mogelijke vlakken aan derden,natuurlijke en/of rechtspersonen,en dit in de ruimste zin van het woord en welke ook de activiteit weze van voornoemde personen; en
  4. Het ontwerpen,sturen,uitvoeren en begeleiden van alle ondernemingsprojecten.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
V4 GP
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…” (deed in Dutch)

deed of 21-03-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur;bij gebrek aan bepaling onbepaalde duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)

deed of 21-03-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Thursday of May at 13:30

deed of 21-03-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Volmacht aan ander lid college per reproduceerbaar schriftelijk middel met handtekening voor welbepaalde vergadering;mag meerdere collega's…” (deed in Dutch)
Other provision: “Dagelijks bestuur, alleen of gezamenlijk zoals bestuursorgaan bepaalt” (deed in Dutch)
Other provision: “Toegang algemene vergadering, houder effecten op naam ingeschreven in register van effecten op naam voor zijn categorie” (deed in Dutch)
Other provision: “Beraadslagingen algemene vergadering, gewone meerderheid uitgebrachte stemmen ongeacht vertegenwoordigde effecten behoudens wettelijke…” (deed in Dutch)
Other provision: “Bestemming winst-reserves-interimdividend, winst lopende boekjaar of voorgaande boekjaar zolang jaarrekening nog niet goedgekeurd,verminderd…” (deed in Dutch)
Liquidation distribution: “Netto actief onder alle aandeelhouders naar verhouding aantal aandelen,goederen in natura op zelfde wijze, alle schulden,lasten,kosten of…” (deed in Dutch)
2 more provisions in the deed, see the deed of 21-03-2024

deed of 21-03-2024