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 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Four Friends from Kortrijk, company number BE0658846170, closed financial year 2025 with a result of € -9,739 after tax. For that financial year Four Friends recorded a gross margin of € -5,348 and equity of € 185,589. Compared with financial year 2024, the result moved from € -4,995 to € -9,739. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 185,589
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,739
▼ 95 % more loss than in 2024
Profit after tax over the fiscal year.
€ 15,493
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -114,411.
Debts at end 2025
€ 66,406
▼ 40% vs 2024
€ 44,164 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 19,841
Supplier invoices still open on the last day of the fiscal year.
€ 434
▲ 18% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,503 | € -13,619 | € 1,691 | € -5,348 | ▼ € 7,038 |
| Profit after taxes | € -12,658 | € -19,896 | € -4,995 | € -9,739 | ▼ € 4,745 |
| Equity | € 220,219 | € 200,322 | € 195,328 | € 185,589 | ▼ 5% |
| Total debts | € 512,770 | € 559,895 | € 679,740 | € 718,492 | ▲ 6% |
| Cash | € 9,777 | € 18,594 | € 38,292 | € 15,493 | ▼ 60% |
| Land & buildings | € 722,107 | € 740,397 | € 826,687 | € 878,806 | ▲ 6% |
| Retained profit | € -79,781 | € -99,678 | € -104,672 | € -114,411 | ▼ € 9,739 |
| Bank debt | € 196,357 | € 153,459 | € 110,144 | € 66,406 | ▼ 40% |
| Balance sheet total | € 732,989 | € 760,217 | € 875,068 | € 904,081 | ▲ 3% |
Key figures of Four Friends, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Four Friends?
What happened at Four Friends in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stephan Debrabandere stepped down as director. NBB
- Vlimex NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 9,739. Source: NBB ↗
- Stephan Debrabandere became a director. NBB
- Vlimex NV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,658 loss in 2022 to € 9,739 loss in 2025.
A new publication or filing at Four Friends? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Vlimex comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Four FriendsThe shares are held by Vlimex (50%).
Directors
According to the 2025 annual accounts
since 2024 · until 2030
Director · represented by Jozef Van Bogaert
Also active at: HUYS CONCEPT, Harelbeekse Houtzagerij, DE LEIEBOORDEN, De Betaalbare Woning, OMNIPLEX, ARCOM, M & V Projects, RESIDENCE LE CHRIST +4 more
since 2024 · until 2030
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Torkonjestraat(Mar) 23
8510 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →DUMA FORKLIFTS
€ 28.4 million revenue · 2025
G.S. INTERNATIONAL same network
€ 872,903 gross margin · 2025
S.E.A.
€ 223,381 revenue · 2025
STEFINA
€ 288,924 gross margin · 2025
DUMA-TRANS
€ 1.1 million gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0658.846.170
- VAT number
- BE 0658.846.170
- Registered office
- Torkonjestraat(Mar) 23, 8510 Kortrijk
- Names & denominations
- Four Friends
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2016
- Peppol
- Active · Active since 30 Jun 2025
- Activities · NACE
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