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FOURBASES

Active
Private limited companyfounded 198540 yrs activeGroendreef 35, 9880 Aalter, BelgiumKBO/BCE: BE 0428.243.914
Summary

FOURBASES has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.55M and a net result of €1.80M. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 34% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
76 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency60▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.59 in 2024; short-term debt: 62.1% and cash: 22.9% of total assets), but 65.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · 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 →
lowers risk · 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
highest failure risk from 2 to 8 years 40 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
34.7%
Return on assets
40.1%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 d early
2024
31 d early
2023
35 d early
2022
66 d early
2021
11 d early
2020
33 d early
2019
99 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, abbreviated schema

Equity
€1.55M=
2024 · €1.56M
2018: €439k 2019: €339k 2021: €1.73M 2022: €2.71M 2023: €3.61M 2024: €1.56M
2018 → 2025
Total assets
€4.48M▲ 20.7%
2024 · €3.71M
2018: €616k 2019: €754k 2021: €3.40M 2022: €4.98M 2023: €5.58M 2024: €3.71M
2018 → 2025
Net result
€1.80M▼ 0.6%
2024 · €1.81M
2018: €149k 2019: €121k 2021: €1.52M 2022: €1.90M 2023: €1.92M 2024: €1.81M
2018 → 2025
Working capital
€1.43M▲ 13.3%
2024 · €1.26M
2018: €112k 2019: €71k 2021: €1.58M 2022: €2.57M 2023: €3.38M 2024: €1.26M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.73M-€2.71M▲ 56.4%€3.61M▲ 33.5%€1.56M▼ 57.0%€1.55M=
Operating result€2.04M-€2.54M▲ 24.9%€2.59M▲ 1.9%€2.35M▼ 9.1%€2.32M▼ 1.6%
Net result€1.52M-€1.90M▲ 25.0%€1.92M▲ 1.1%€1.81M▼ 5.8%€1.80M▼ 0.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00M€3.00MOperating result 2021: €2.04M€2.04MNet result 2021: €1.52M€1.52MOperating result 2022: €2.54M€2.54MNet result 2022: €1.90M€1.90MOperating result 2023: €2.59M€2.59MNet result 2023: €1.92M€1.92MOperating result 2024: €2.35M€2.35MNet result 2024: €1.81M€1.81MOperating result 2025: €2.32M€2.32MNet result 2025: €1.80M€1.80M20212022202320242025€0€1M€2M€3MOperating result 2023: €2.59M€2.6MNet result 2023: €1.92M€1.9MOperating result 2024: €2.35M€2.4MNet result 2024: €1.81M€1.8MOperating result 2025: €2.32M€2.3MNet result 2025: €1.80M€1.8M202320242025
The operating result has fallen two years in a row; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.48M
Fixed assets €267k ▼ 14.3%
Current assets €4.21M ▲ 24.0%
Equity and liabilities €4.48M
Equity €1.55M =
Debt €2.92M ▲ 35.8%
Debt's share of the balance-sheet total rises from 58.1% to 65.3%. Debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2.37M
2024 · €2.41M
Cash flow
€1.85M
2024 · €1.86M
Current ratio
1.52
2024 · 1.59
Quick ratio
0.99
2024 · 0.99
Debt to equity
1.88
2024 · 1.38
ROE
115.5%
2024 · 116.2%
ROA
40.1%
2024 · 48.7%
Interest coverage
104.10
2024 · 159.36
Debt ≤ 1 year
€2.78M
2024 · €2.13M
Income taxes
€561k
2024 · €609k
Staff costs
€1.02M
2024 · €928k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.71M€4.48M
Fixed assets21/28€312k€267k
Intangible fixed assets21€72k€53k
Tangible fixed assets22/27€171k€146k
Plant, machinery and equipment23€58k€41k
Furniture and vehicles24€16k€13k
Other tangible fixed assets26€97k€92k
Financial fixed assets28€69k€69k=
Current assets29/58€3.40M€4.21M
Stocks and contracts in progress3€1.28M€1.45M
Stocks30/36€1.28M€1.45M
Amounts receivable within one year40/41€1.08M€1.20M
Trade receivables40€1.00M€1.00M
Other amounts receivable41€74k€200k
Current investments50/53€173k€511k
Cash at bank and in hand54/58€819k€1.02M
Deferred charges and accrued income490/1€47k€18k
Equity and liabilities
Total equity and liabilities10/49€3.71M€4.48M
Equity10/15€1.56M€1.55M=
Contributions10/11€43k€43k=
Reserves13€1.51M€1.51M=
Tax-exempt reserves132€57k€57k=
Distributable reserves133€1.45M€1.45M=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€2.15M€2.92M
Amounts payable within one year42/48€2.13M€2.78M
Trade debts44€631k€788k
Suppliers440/4€631k€788k
Taxes, remuneration and social security45€96k€103k
Taxes450/3€3k€702
Remuneration and social security454/9€93k€103k
Other amounts payable47/48€1.41M€1.89M
Accrued charges and deferred income492/3€20k€144k
Income statement Code20242025
Remuneration, social security and pensions62€928k€1.02M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€57k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-24k€98k
Other operating charges640/8€8k€22k
Gross operating margin9900€3.32M€3.51M
Operating profit (loss)9901€2.35M€2.32M
Financial income75/76B€77k€64k
Recurring financial income75€77k€64k
Financial charges65/66B€15k€23k
Recurring financial charges65€15k€23k
Profit (loss) for the period before taxes9903€2.42M€2.36M
Income taxes67/77€609k€561k
Profit (loss) for the period9904€1.81M€1.80M
Profit (loss) for the period to be appropriated9905€1.81M€1.80M
Appropriation of the result
Profit (loss) to be appropriated9906€1.81M€1.80M
Transfer from equity791/2€2.51M€355
Transfer to equity691/2€447k€0
To other reserves6921€447k€0
Profit to be distributed694/7€3.87M€1.80M
Return on contributions (dividend)694€3.86M€1.60M
Directors or managers695-€180k
Employees696€10k€0
Other beneficiaries697-€16k
Social balance
Average headcount (FTE)908711.813.2

The notes to these accounts (14 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €1.92M ▲1.1%
Operating result €2.59M, net result €1.92M, both a record.
26-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Equity above €2MEq €2.71M ▲56.4%
4 profitable years in a row build equity to €2.71M.
20-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €1MEq €1.73M ▲411%
3 profitable years in a row build equity to €1.73M.
28-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €121k ▼18.9%
Net result drops to €121k, the lowest in the series; recovery starts the following year.
26-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Aalter · 1 establishment unit since 1995
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.

Groendreef 359880 Aalter
Ground area
1.7 ha
Building footprint
6,571 m²
Parcel 44503H0074/00H007, Flanders. Linked by address, not a title deed.
1 establishment unit
Fourbases
Groendreef 35, 9880 AalterNACE 51190
since 19952.048.402.943
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44503H0074/00H007 Flanders 1.7 ha 1 · 6,571 m² -
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 to 2025 · 5 entries · 45,393 EUR awarded · 45,393 EUR paid
Year Entries awardedpaid
2025 1 6,000 EUR12,000 EUR
2024 2 6,531 EUR3,393 EUR
2023 2 32,862 EUR30,000 EUR
Schemes
Subsidies voor internationaal ondernemen
3 entries · 42,000 EUR · 42,000 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 3,393 EUR · 3,393 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 22,990 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-12-1985
Fiscal year end31-12
Activities, NACEBEL 2025
46140Agents in the wholesale of industrial machinery, ships and aircraft
70200Business and other management consultancy
46492Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers

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