ACTIVE

BN 4

Financial year 2025 · Closed on 31/12/2025

Net result952,6 k €+49,4 %over 1 year

Gross margin4,1 M €+8,4 %over 1 year

Equity4 M €+31,3 %over 1 year

Identity

Source · BCE/KBO

BN 4 is a Public limited company incorporated in 2003. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Namur.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0859.854.619
Incorporation: 30/07/2003
Legal form: Public limited company
Registered office: Avenue d'Ecolys(RH) 2 box 4
5020 Namur · WallonieSee on map
Contributed capital: 342 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	4,1 M €	+8.4%	3,8 M €	-1.7%	3,9 M €	+21.4%	3,2 M €	-17.0%	3,8 M €
EBITDA	3,6 M €	+4.1%	3,5 M €	-0.9%	3,5 M €	+16.7%	3 M €	-11.9%	3,4 M €
Operating result	1,8 M €	+21.2%	1,5 M €	-15.9%	1,8 M €	+28.0%	1,4 M €	+32.3%	1 M €
Net result	952,6 k €	+49.4%	637,7 k €	-22.9%	827 k €	+16.1%	712,5 k €	+137%	300,3 k €
Balance sheet
Equity	4 M €	+31.3%	3 M €	+26.5%	2,4 M €	+52.4%	1,6 M €	+82.4%	865,1 k €
Total assets	22,3 M €	-4.2%	23,2 M €	+2.6%	22,6 M €	-3.4%	23,5 M €	+1.1%	23,2 M €
Cash	96 k €	-14.0%	111,7 k €	-14.1%	130 k €	+16.8%	111,3 k €	-0.4%	111,7 k €
Debts	18,1 M €	-9.7%	20,1 M €	-0.2%	20,1 M €	-7.4%	21,7 M €	-2.2%	22,2 M €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Paul de Sauvage	MandateManaging director30/06/2009 → 2020 accountsendedDirector03/06/2009 → 2012 accountsended
Benoit de Sauvage	MandateDirector03/06/2009 → 2014 accountsended
de Sauvage Charles-Edmond	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Etablissements Auguste Defoux0401.385.208Represented by Paul de Sauvage Vercour	Director08/12/2015 → 2020 accounts
ISMANARA0435.481.894Represented by Paul de Sauvage	Director01/07/2015 → 2020 accounts
SACOFI0471.614.790	Managing director01/07/2015 → 2020 accounts
ANTIQUITES ACHAT - VENTE0463.017.622Represented by Benoit de SAUVAGE	Directorlisted until the 2009 accounts

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Avenue d'Ecolys(RH) 2 5020 Namur

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ACTIBEL MOBILITY● Active	0673.597.395
ACTIONAM● Active	0440.996.840
ACTION II● Active	0449.242.236
A-DJ SERVICES● Active	0862.601.006
Annet 4 Future● Active	0791.919.678
Antech Diagnostics Belgium● Active	0820.954.154
ANTIQUITES ACHAT - VENTE● Active	0463.017.622
AQUALE● Active	0477.877.428
AQUALYS MANAGEMENT● Active	1021.551.738
AVESTA Insurance● Active	0797.621.102
Aves TVA● Active	0804.855.718
A-Z ServiPro● Active	0462.702.668
BDG Ansotte● Active	1016.456.862
B.G.N INVEST● Active	0804.639.744
BIOWIN● Active	0882.768.591
CAVI● Active	0440.893.605
CCB & PARTNERS● Active	1016.343.927

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	18 months	12 months
Filing date	31/08/2026	26/08/2025	30/08/2024	31/08/2023	05/08/2022	28/01/2021
General meeting	30/06/2026	26/06/2025	29/06/2024	30/06/2023	12/05/2022	02/12/2020
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	26/06/2025	26/08/2025	French	PDF
Abridged model	31/12/2023	29/06/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	12/05/2022	05/08/2022	French	PDF
Abridged model	30/06/2020	02/12/2020	28/01/2021	French	PDF
Abridged model	30/06/2019	04/12/2019	14/01/2020	French	PDF
Abridged model	30/06/2018	05/12/2018	12/01/2019	French	PDF
Abridged model	30/06/2017	06/12/2017	08/12/2017	French	PDF
Abridged model	30/06/2016	07/12/2016	23/12/2016	French	PDF
Abridged model	31/12/2014	03/06/2015	31/07/2015	French	PDF
Abridged model	31/12/2013	04/06/2014	11/08/2014	French	PDF
Abridged model	31/12/2012	05/06/2013	24/07/2013	French	PDF
Abridged model	31/12/2011	06/06/2012	28/06/2012	French	PDF
Abridged model	31/12/2010	01/06/2011	22/06/2011	French	PDF
Abridged model	31/12/2009	02/06/2010	13/07/2010	French	PDF
Abridged model	31/12/2008	03/06/2009	19/06/2009	French	PDF
Abridged model	31/12/2007	04/06/2008	17/06/2008	French	PDF
Abridged model	31/12/2006	06/06/2007	22/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

3 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Paul de Sauvage	MandateManaging director30/06/2009 → 2020 accountsendedDirector03/06/2009 → 2012 accountsended
Benoit de Sauvage	MandateDirector03/06/2009 → 2014 accountsended
de Sauvage Charles-Edmond	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Etablissements Auguste Defoux0401.385.208Represented by Paul de Sauvage Vercour	Director08/12/2015 → 2020 accounts
ISMANARA0435.481.894Represented by Paul de Sauvage	Director01/07/2015 → 2020 accounts
SACOFI0471.614.790	Managing director01/07/2015 → 2020 accounts
ANTIQUITES ACHAT - VENTE0463.017.622Represented by Benoit de SAUVAGE	Directorlisted until the 2009 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates16/06/2021
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Registered office21/09/2016
SIEGE SOCIAL
PDF
Mandates12/01/2016
DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Capital / shares23/01/2013
CAPITAL, ACTIONS
PDF
Mandates15/02/2011
DEMISSIONS, NOMINATIONS
PDF
Other06/08/2003
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

Filings19 filings

Mandates

de Sauvage Paul

de Sauvage Charles-Edmond

de Sauvage Benoît

Etablissements Auguste Defoux

ISMANARA

SACOFI

ANTIQUITES ACHAT - VENTE

Paul de SAUVAGE VERCOUR

Benoit de SAUVAGE VERCOUR

200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

BN 4BN4

Avenue d'Ecolys(RH) 2 bte 4, 5020 Champion

Managing directorDirector

Director

Managing directorDirector

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue d'Ecolys(RH) 2 bte 4, 5020 ChampionCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00489180

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BN 4Current	accounts 2024 → 2025	Accounts 2025 · 2026-00489180
BN4	accounts 2021 → 2023	Accounts 2023 · 2024-00440676

Events

2025
Annual accounts 2025952,6 k €↑
2024
Annual accounts 2024637,7 k €↓
2024
Name changeBN 4
2023
Annual accounts 2023827 k €↑
2022
Annual accounts 2022712,5 k €↑
2021
Annual accounts 2021300,3 k €↓
2020
Annual accounts 2020310,9 k €↑
2019
Annual accounts 2019-95,9 k €↑
2018
Annual accounts 2018-371,3 k €↓
2017
Annual accounts 20175,9 k €↓
2016
Annual accounts 201640,6 k €↑
2014
Annual accounts 201426,2 k €↓
2013
Annual accounts 2013743,4 k €↑
2012
Annual accounts 2012402,9 k €↑
2011
Annual accounts 20115,8 k €↓
2010
Annual accounts 201074,8 k €↑
2009
Annual accounts 2009-142,2 k €↑
2008
Annual accounts 2008-305,1 k €↑
2007
Annual accounts 2007-419,5 k €↓
2006
Annual accounts 2006-108 k €
30/07/2003
IncorporationPublic limited company

BN 4

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