ACTIVE

A4F

Financial year 2025 · Closed on 31/12/2025

Net result-34,6 k €-91,5 %over 1 year

Gross margin-7,6 k €-72,9 %over 1 year

Equity251 k €-12,1 %over 1 year

Identity

Source · BCE/KBO

A4F is a Public limited company incorporated in 1992. Its main activity is: Development of building projects. Its registered office is in Aalst.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0446.981.542
Incorporation: 16/03/1992
Legal form: Public limited company
Registered office: Industrielaan 4
9320 Aalst · FlandreSee on map
Contributed capital: 810 022,01 €
Latest accounts: 31/12/2025

Activities (NACE)

41102Development of building projects· main 68122Buying and selling of own real estate 70113Activities of head offices 68310Real estate agencies 68311Real estate agencies 70311Activities of head offices; management consultancy activities

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-7,6 k €	-72.9%	-4,4 k €	+63.8%	-12,2 k €	-912%	-1,2 k €	+76.7%	-5,2 k €
EBITDA	-8,6 k €	-36.9%	-6,3 k €	+52.5%	-13,2 k €	+89.7%	-128,2 k €	-2086%	-5,9 k €
Operating result	-8,6 k €	-36.9%	-6,3 k €	+52.5%	-13,2 k €	+89.7%	-128,2 k €	-2086%	-5,9 k €
Net result	-34,6 k €	-91.5%	-18 k €	-52.4%	-11,8 k €	+90.7%	-126,9 k €	-2377%	-5,1 k €
Balance sheet
Equity	251 k €	-12.1%	285,5 k €	-5.9%	303,6 k €	+459%	-84,6 k €	-300%	42,3 k €
Total assets	2,4 M €	+130%	1,1 M €	+130%	459,7 k €	+835%	49,1 k €	+6.9%	46 k €
Cash	578,5 k €	+142%	238,8 k €	+347%	53,4 k €	+2980%	1,7 k €	+547%	268 €
Debts	2,2 M €	+183%	772,5 k €	+395%	156,1 k €	+16.7%	133,7 k €	+3584%	3,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Mobimo0403.455.860Represented by Axel BOEDTS	Director20/12/2024 → 30/06/2030
BOPAT0863.620.197Represented by Frederik Vande Vyvere	Associate20/12/2023 → 20/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
IPARCO0464.312.868Represented by Boedts AXEL	Director20/12/2023 → 2023 accounts
BELITA0463.722.059	Managing director21/02/2019 → 2022 accounts
PARCODI0870.139.686Represented by Axel Boedts	Managing director21/02/2019 → 2021 accounts

Other companies at this address

Industrielaan 4 9320 Aalst

Company	CBE no.
A C & C● Bankrupt	0865.471.513
Aequitas Analytics● Active	1004.093.718
A Fortiori● Active	0896.588.321
Agemas● Active	1020.234.419
A.J.S. Enterprises● Active	1035.339.990
Algemene Bouw Sobczak● Active	1035.335.339
ALL ROUND● Active	0431.071.859
ALL TECHNIQUES I.V● Active	1040.371.817
Anka grond- en sloopwerken● Bankrupt	0726.625.911
AS Antoine● Active	0781.936.893
AU VIEUX MOUTON● Active	0428.797.804
Azizo International Logistics● Bankrupt	0751.946.077
BAHIA TRADING● Bankrupt	0502.709.725
BEDRIJVENCENTRUM REGIO AALST● Active	0428.749.502
Be-Mach● Active	0841.150.544
BIM BELGIUM● Active	0480.040.924
B.IMMO.INVEST● Active	0866.261.468
BO CARE● Active	0691.751.837
Bocheval● Active	0800.980.468
BRUSSELS FOR HUMAN RIGHTS AND DEVELOPMENT● Active	0707.667.458

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/06/2026	03/07/2025	26/06/2024	29/06/2023	11/07/2022	18/06/2021
General meeting	03/06/2026	04/06/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	23/06/2026	Dutch	PDF
Abridged model	31/12/2024	04/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	05/06/2024	26/06/2024	Dutch	PDF
Micro model	31/12/2022	07/06/2023	29/06/2023	Dutch	PDF
Micro model	31/12/2021	01/06/2022	11/07/2022	Dutch	PDF
Micro model	31/12/2020	02/06/2021	18/06/2021	Dutch	PDF
Micro model	31/12/2019	03/06/2020	23/06/2020	Dutch	PDF
Micro model	31/12/2018	05/06/2019	11/06/2019	Dutch	PDF
Micro model	31/12/2017	06/06/2018	12/06/2018	Dutch	PDF
Micro model	31/12/2016	07/06/2017	08/06/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	09/07/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	04/07/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	06/07/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	18/06/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	05/06/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	12/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Mobimo0403.455.860Represented by Axel BOEDTS	Director20/12/2024 → 30/06/2030
BOPAT0863.620.197Represented by Frederik Vande Vyvere	Associate20/12/2023 → 20/12/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
IPARCO0464.312.868Represented by Boedts AXEL	Director20/12/2023 → 2023 accounts
BELITA0463.722.059	Managing director21/02/2019 → 2022 accounts
PARCODI0870.139.686Represented by Axel Boedts	Managing director21/02/2019 → 2021 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office18/06/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/05/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/10/2023
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other29/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office19/09/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates15/04/2019
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Mobimo

BOPAT

IPARCO

PROVYSA

BELITA

PARCODI

Frederik Vande Vyvere

Axel Boedts

Bevim BVBA

Cennini Holding

TRIS

GELDOF INDUSTRIES

199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

A4FIMMOBILIERE DU VIEUX TILLEUL

Industrielaan 4, 9320 ErembodegemKoninklijke Baan(Kok) 328 bte A, 8670 Koksijde

Director

Associate

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Industrielaan 4, 9320 ErembodegemCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00188445
Neep 101, 9402 Meerbeke	accounts 2023	Accounts 2023 · 2024-00165775
Koninklijke Baan(Kok) 328 bte A, 8670 Koksijde	accounts 2021 → 2022	Accounts 2022 · 2023-00174423

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
A4FCurrent	accounts 2015 → 2025	Accounts 2025 · 2026-00188445
IMMOBILIERE DU VIEUX TILLEUL	accounts 2006 → 2014	Accounts 2014 · 2015-21300370

Events

2025
Annual accounts 2025-34,6 k €↓
2024
Annual accounts 2024-18 k €↓
2023
Annual accounts 2023-11,8 k €↑
2022
Annual accounts 2022-126,9 k €↓
2021
Annual accounts 2021-5,1 k €↑
2020
Annual accounts 2020-17,8 k €↓
2019
Annual accounts 20194,5 k €↓
2018
Annual accounts 201811,9 k €↑
2017
Annual accounts 2017-8,4 k €↓
2016
Annual accounts 2016-4,8 k €↑
2015
Annual accounts 2015-33,7 k €↓
2015
Name changeA4F
2014
Annual accounts 201464,3 k €↑
2013
Annual accounts 2013-5,6 k €↑
2012
Annual accounts 2012-42,6 k €↑
2011
Annual accounts 2011-192,4 k €↑
2010
Annual accounts 2010-244 k €↓
2009
Annual accounts 2009113,5 k €↑
2008
Annual accounts 200810,4 k €↓
2007
Annual accounts 2007466,6 k €↑
2006
Annual accounts 2006-27,6 k €
16/03/1992
IncorporationPublic limited company

A4F

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events