One Two Four
ActiveSummary
One Two Four has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €16k. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 43% of 1304 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-14
Solvency36▲+3
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.54 against 0.61 in 2024; short-term debt: 35.1% and cash: 7.1% of total assets), and 88.9% 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 risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.1%
Return on assets
2.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
27 d late
2024
17 d early
2023
15 d early
2022
11 d early
2021
58 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▲ 27.2%
2024 · €60k
2021: €84k
2022: €87k
2023: €98k
2024: €60k
2021 → 2025
Total assets
€680k▼ 10.5%
2024 · €760k
2021: €206k
2022: €191k
2023: €840k
2024: €760k
2021 → 2025
Net result
€16k▼ 55.1%
2024 · €36k
2021: €16k
2022: €3k
2023: €11k
2024: €36k
2021 → 2025
Working capital
€-110k▼ 9.6%
2024 · €-100k
2021: €155k
2022: €125k
2023: €-69k
2024: €-100k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€84k-€87k▲ 4.2%€98k▲ 12.9%€60k▼ 39.5%€76k▲ 27.2%
Operating result€20k-€4k▼ 81.4%€26k▲ 591%€69k▲ 166%€55k▼ 21.0%
Net result€16k-€3k▼ 78.5%€11k▲ 222%€36k▲ 220%€16k▼ 55.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €680k
Fixed assets
€551k ▼ 9.0%
Current assets
€129k ▼ 16.2%
Equity and liabilities €680k
Equity
€76k ▲ 27.2%
Debt
€605k ▼ 13.7%
Debt's share of the balance-sheet total falls from 92.2% to 88.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€149k▼
2024 · €159k
Cash flow
€110k▼
2024 · €126k
Current ratio
0.54▼
2024 · 0.61
Quick ratio
0.50▼
2024 · 0.55
Debt to equity
7.98▼
2024 · 11.76
ROE
21.4%▼
2024 · 60.5%
ROA
2.4%▼
2024 · 4.7%
Interest coverage
4.02▼
2024 · 5.32
Debt ≤ 1 year
€239k▼
2024 · €254k
Debt > 1 year
€356k▼
2024 · €431k
Income taxes
€3k▼
2024 · €4k
Staff costs
€252k▲
2024 · €213k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€760k€680k▼
Fixed assets21/28€606k€551k▼
Intangible fixed assets21€13k€3k▼
Tangible fixed assets22/27€575k€530k▼
Plant, machinery and equipment23€109k€94k▼
Furniture and vehicles24€110k€95k▼
Other tangible fixed assets26€356k€342k▼
Financial fixed assets28€18k€18k=
Current assets29/58€154k€129k▼
Stocks and contracts in progress3€13k€10k▼
Stocks30/36€13k€10k▼
Amounts receivable within one year40/41€96k€59k▼
Trade receivables40€3k€257▼
Other amounts receivable41€94k€58k▼
Cash at bank and in hand54/58€36k€48k▲
Deferred charges and accrued income490/1€8k€12k▲
Equity and liabilities
Total equity and liabilities10/49€760k€680k▼
Equity10/15€60k€76k▲
Contributions10/11€19k€19k=
Reserves13€41k€57k▲
Distributable reserves133€41k€57k▲
Amounts payable17/49€700k€605k▼
Amounts payable after more than one year17€431k€356k▼
Financial debts170/4€263k€220k▼
Other amounts payable178/9€168k€136k▼
Amounts payable within one year42/48€254k€239k▼
Current portion of amounts payable after more than one year42€42k€43k▲
Trade debts44€37k€54k▲
Suppliers440/4€37k€54k▲
Advances received on contracts in progress46€40k€71k▲
Taxes, remuneration and social security45€21k€16k▼
Taxes450/3€4k€4k▲
Remuneration and social security454/9€17k€12k▼
Other amounts payable47/48€115k€55k▼
Accrued charges and deferred income492/3€15k€10k▼
Income statement
Code20242025
Non-recurring operating income76A€24k€1k▼
Remuneration, social security and pensions62€213k€252k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90k€94k▲
Other operating charges640/8€2k€913▼
Non-recurring operating charges66A€53k€3k▼
Gross operating margin9900€426k€404k▼
Operating profit (loss)9901€69k€55k▼
Financial income75/76B€152€1k▲
Recurring financial income75€152€1k▲
Financial charges65/66B€30k€37k▲
Recurring financial charges65€30k€37k▲
Profit (loss) for the period before taxes9903€40k€19k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€36k€16k▼
Profit (loss) for the period to be appropriated9905€36k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€16k▼
Transfer from equity791/2€75k-
Transfer to equity691/2€36k€16k▼
To other reserves6921€36k€16k▼
Profit to be distributed694/7€75k-
Return on contributions (dividend)694€75k-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €36k ▲220%
Operating result €69k, net result €36k, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €3k ▼78.5%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 14.82
Current ratio from 6.62 to 14.82; short-term debt falls from €28k to €9k.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2019
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.
Bagattenstraat 1249000 GentGround area
280 m²
Building footprint
104 m²
Volume, LiDAR
1,569 m³
Parcel 44805E1368/00B000, Flanders · tallest building 20.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
One Two Four hotel & spa
since 20192.287.873.375
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44805E1368/00B000 | Flanders | 280 m² | 1 · 104 m² | 20.6 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
2022 to 2025 · 2 entries · 388 EUR awarded · 388 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 87 EUR | 87 EUR |
| 2022 | 1 | 301 EUR | 301 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.287.873.375
Similar companies · same sector, comparable size
Domein Ter Wallen
BE 0721.784.918
Izegem · Eq €75,483
Forum 37
BE 0788.207.647
Oudenaarde · Eq €75,300
LOGIFAM
BE 0461.551.437
Lessines · Eq €75,008
2G
BE 0888.022.132
Saint-Hubert · Eq €76,962
LE BOSCO
BE 0418.729.895
Nivelles · Eq €74,547
Of 2,394 companies in sector 55100 we hold annual accounts for 1,517. 1,000 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
Founded30-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
55203Holiday cottages, homes and apartments
56210Event catering
77210Renting and leasing of sports and recreation goods
77223Rental and leasing activities
77229Renting and leasing of other personal and household goods
82100Office administrative and support services
82990Other business support services
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0470555360