ACTIVE

4WINGS Foundation

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Financial year 2025 · Closed on 31/12/2025

Net result-1 M €-743,8 %over 1 year

Gross margin-862,4 k €-471,4 %over 1 year

Equity921,5 k €-52,7 %over 1 year

Identity

Source · BCE/KBO

4WINGS Foundation is a Public utility foundation incorporated in 2014. Its registered office is in Bruxelles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0597.710.634
Incorporation: 18/12/2014
Legal form: Public utility foundation
Registered office: Rue Vilain XIIII 19
1000 Bruxelles · BruxellesSee on map
Latest accounts: 31/12/2025

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-862,4 k €	-471%	232,2 k €	-40.5%	390,3 k €	+16.5%	335,1 k €	+147%	-714,3 k €
EBITDA	-1 M €	-1916%	57,4 k €	-74.8%	227,8 k €	+16.5%	195,6 k €	+126%	-757,3 k €
Operating result	-1 M €	-1989%	55,3 k €	-75.5%	225,9 k €	+15.7%	195,3 k €	+126%	-757,3 k €
Net result	-1 M €	-744%	159,7 k €	-31.2%	231,9 k €	+19.5%	194,1 k €	+126%	-755,8 k €
Balance sheet
Equity	921,5 k €	-52.7%	1,9 M €	+8.9%	1,8 M €	+14.9%	1,6 M €	+14.2%	1,4 M €
Total assets	931,3 k €	-52.8%	2 M €	+9.4%	1,8 M €	+14.9%	1,6 M €	+14.1%	1,4 M €
Cash	345,7 k €	-41.0%	586 k €	-49.9%	1,2 M €	+14.1%	1 M €	+13.9%	900,7 k €
Debts	9,8 k €	-55.5%	22 k €	+88.7%	11,7 k €	+10.9%	10,5 k €	-6.5%	11,3 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arthur LHOIST	Directorsince 18/12/2014
Dorian DORMAL	Directorsince 18/12/2014
Christophe QUERTON	Chairman of the board of directorssince 11/06/2020
Etienne DENOEL	Directorsince 29/11/2019
Georges DE KERCHOVE	Directorsince 29/11/2019
Sophie VAN OUTRYVE D'YDEWALLE	Directorsince 29/11/2017

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Kim LEBEAU	Director29/09/2022 → 29/09/2025
Nicolas DE KUYSSCHE	Director22/09/2022 → 29/09/2025

Other companies at this address

Rue Vilain XIIII 19 1000 Bruxelles

Company	CBE no.
ANTI AGING CENTER● Bankrupt	0849.263.803
ANTI AGING CENTER SPA● Bankrupt	0646.811.737
Erya Impact Partners● Active	1041.536.015
FONDATION BABELLE● Active	0696.776.239
Fondation Haas-Teichen● Active	0664.868.187
Fondation MAD - Marguerite et Adrien Dassault● Active	0765.346.331
FONDATION MALOU● Active	1042.474.242
FONDATION OSKY● Active	0733.990.882
GENEBRU● Active	0425.140.607
J.C. CONSULTING● Active	0432.113.818
QiGreen● Active	0711.913.583
Stellar Impact● Active	0700.603.284
Telos Climate Fund I Capital Partners● Active	0798.703.245
TELOS IMPACT● Active	0635.754.331
Telos Impact GP● Active	0798.597.931
TELOS IMPACT INVESTING● Active	0678.816.589

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged 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	30/03/2026	28/05/2025	25/07/2024	27/06/2023	28/06/2022	07/06/2021
General meeting	16/02/2026	25/02/2025	21/02/2024	16/02/2023	27/01/2022	31/03/2021
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

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Annual accounts filings

Source · NBB, 10 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	16/02/2026	30/03/2026	French	PDF
Micro model	31/12/2024	25/02/2025	28/05/2025	French	PDF
Micro model	31/12/2023	21/02/2024	25/07/2024	French	PDF
Micro model	31/12/2022	16/02/2023	27/06/2023	French	PDF
Micro model	31/12/2021	27/01/2022	28/06/2022	French	PDF
Abridged model	31/12/2020	31/03/2021	07/06/2021	French	PDF
Abridged model	31/12/2019	31/03/2020	27/10/2020	French	PDF
Abridged model	31/12/2018	05/02/2019	27/08/2019	French	PDF
Abridged model	31/12/2017	28/02/2018	27/04/2018	French	PDF
Abridged model	31/12/2016	27/04/2017	01/02/2018	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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

6 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Arthur LHOIST	Directorsince 18/12/2014
Dorian DORMAL	Directorsince 18/12/2014
Christophe QUERTON	Chairman of the board of directorssince 11/06/2020
Etienne DENOEL	Directorsince 29/11/2019
Georges DE KERCHOVE	Directorsince 29/11/2019
Sophie VAN OUTRYVE D'YDEWALLE	Directorsince 29/11/2017

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Kim LEBEAU	Director29/09/2022 → 29/09/2025
Nicolas DE KUYSSCHE	Director22/09/2022 → 29/09/2025

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates19/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates19/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates10/06/2024
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates02/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates29/03/2022
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates23/08/2021
OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
PDF
Mandates24/11/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates18/05/2018
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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

Filings10 filings

Mandates

Dorian DORMAL

Arthur LHOIST

Christophe QUERTON

Etienne DENOEL

Georges DE KERCHOVE

Sophie VAN OUTRYVE D'YDEWALLE

Kim LEBEAU

Nicolas DE KUYSSCHE

Gabrielle UGHETTO

Céline GHINS

Aurore DE BORCHGRAVE

Olivier DEBUYST

and 8 more mandates

2014201520162017201820192020202120222023202420252026

4 WINGS FOUNDATION

Rue Gachard 88, 1050 Ixellesavenue Louise 523, 1050 Ixelles

Director

Chairman of the board of directors

Director

Chairman of the board of directorsDirector

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Vilain XIIII 19, 1000 BrusselsCurrent		CBE
Rue Gachard 88, 1050 Ixelles	accounts 2024 → 2025	Accounts 2025 · 2026-00066457
avenue Louise 523, 1050 Ixelles	accounts 2021 → 2023	Accounts 2023 · 2024-00291263

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
4WINGS FoundationCurrent		CBE
4 WINGS FOUNDATION	accounts 2021 → 2025	Accounts 2025 · 2026-00066457

Events

2025
Annual accounts 2025-1 M €↓
2024
Annual accounts 2024159,7 k €↓
2023
Annual accounts 2023231,9 k €↑
2022
Annual accounts 2022194,1 k €↑
2021
Annual accounts 2021-755,8 k €↓
2020
Annual accounts 2020-685,4 k €↓
2019
Annual accounts 20197,3 k €↓
2018
Annual accounts 2018429,9 k €↓
2017
Annual accounts 2017611,9 k €↓
2016
Annual accounts 20161 M €
18/12/2014
IncorporationPublic utility foundation

4WINGS Foundation

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