Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2022 and 2023.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
4th Avenue from Mons, company number BE0432059675, closed financial year 2023 with a result of € -9,252 after tax. For that financial year 4th Avenue recorded a gross margin of € 260,691 and equity of € 5,730. Compared with financial year 2022, the result moved from € -31,190 to € -9,252. The company made a loss. The buffer shrank hard: equity is 62 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2024.
€ 5,730
▼ 62% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,252
▲ 70 % less loss than in 2022
Profit after tax over the fiscal year.
€ 3,002
▼ 92% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -32,862.
People and assets in 2023
€ 233,389
▲ 20% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,608
▲ 69% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 181,215
▼ 23% vs 2022
€ 70,847 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 36,769
▼ 70% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 189,289
▲ € 148,374 vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 294,257 | € 203,744 | € 260,691 | ▲ 28% |
| Profit after taxes | € 26,169 | € -31,190 | € -9,252 | ▲ € 21,938 |
| Equity | € 46,172 | € 14,982 | € 5,730 | ▼ 62% |
| Total debts | € 337,151 | € 465,231 | € 458,971 | ▼ 1% |
| Cash | € 7,421 | € 36,310 | € 3,002 | ▼ 92% |
| Retained profit | € 7,580 | € -23,610 | € -32,862 | ▼ € 9,252 |
| Bank debt | € 169,040 | € 235,255 | € 181,215 | ▼ 23% |
| Balance sheet total | € 383,323 | € 480,213 | € 464,701 | ▼ 3% |
Key figures of 4th Avenue, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to 4th Avenue?
What happened at 4th Avenue in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
4th Avenue is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 9,252. filed late Source: NBB ↗
- B&R COMPANY SRL became a director. NBB
- Marie Bruyr stepped down as director. NBB
- Marie Bruyr became a director. NBB
- New establishment in Mons. KBO
- Start of the company according to the CBE. KBO
In short
From € 26,169 profit in 2021 to € 9,252 loss in 2023.
Paid € 9,759 in corporate taxes since 2021.
Best year ever: 2021, with € 26,169 profit.
Management
The stake of B&R Company comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
4th AvenueBehind 4th Avenue is B&R COMPANY SRL. The shares are held by B&R Company (100%).
Directors
According to the 2023 annual accounts
Director · represented by HELENE RASQUIN
since 2023
Marie Bruyr
Director
since 2016 · until 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de l'Epargne 16
7000 Mons
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.059.675
- VAT number
- BE 0432.059.675
- Registered office
- Rue de l'Epargne 16, 7000 Mons
- Names & denominations
- 4th Avenue
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Opening faillissement
- Start date
- 25 September 1987
- Peppol
- Not registered
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