Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ecurie des 4 bras from Lasne, company number BE0746988783, closed financial year 2025 with a result of € -49,853 after tax. For that financial year Ecurie des 4 bras recorded a gross margin of € 25,845 and equity of € -214,341. Compared with financial year 2024, the result moved from € -62,060 to € -49,853. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 7, 2026.
€ -214,341
▼ € 49,853 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,853
▲ 20 % less loss than in 2024
Profit after tax over the fiscal year.
€ 378
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -244,341.
People and assets in 2025
€ 39,975
▲ 24% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 28,300
▼ 13% vs 2024
€ 5,008 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 7,444
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,573
▲ 58% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -801 | € 22,668 | € 674 | € 25,845 | ▲ € 25,171 |
| Profit after taxes | € -42,427 | € -33,386 | € -62,060 | € -49,853 | ▲ € 12,207 |
| Equity | € -69,041 | € -102,427 | € -164,487 | € -214,341 | ▼ € 49,853 |
| Total debts | € 290,045 | € 307,457 | € 367,412 | € 410,094 | ▲ 12% |
| Cash | € 1,022 | € 26,631 | € 335 | € 378 | ▲ 13% |
| Retained profit | € -99,041 | € -132,427 | € -194,487 | € -244,341 | ▼ € 49,853 |
| Bank debt | € 42,555 | € 37,928 | € 32,481 | € 28,300 | ▼ 13% |
| Balance sheet total | € 221,004 | € 205,030 | € 202,925 | € 195,753 | ▼ 4% |
Key figures of Ecurie des 4 bras, 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 Ecurie des 4 bras?
What happened at Ecurie des 4 bras in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 49,853. filed late Source: NBB ↗
- New establishment in Genappe. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,427 loss in 2022 to € 49,853 loss in 2025.
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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
Behind Ecurie des 4 bras are Sophie Piaget and Maxime Michel.
Directors
According to the 2025 annual accounts
Sophie Piaget
Director
Maxime Michel
Director
Establishments
Establishment units
Physical locations of this company
Rue du Fond Agny 11
1380 Lasne
Rue Dernier Patard 126
1470 Genappe
Active since 18 May 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0746.988.783
- VAT number
- BE 0746.988.783
- Registered office
- Rue du Fond Agny 11, 1380 Lasne
- Names & denominations
- Ecurie des 4 bras
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2020
- Peppol
- Active · Active since 28 Sept 2025
- Activities · NACE
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