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Data Forge

Active
Private limited companyfounded 2024active for 2 yearsWaregemseweg (W.) 32, 9790 Wortegem-Petegem, BelgiumKBO/BCE: BE 1008.045.774
Summary

Data Forge has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65,114 and a net result of €62,114. Its solvency ranks better than 37% of 21,064 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Computer programming
NACE 62100
1 site
Size
€144,146total assets 2025
Equity
€65,114
Profit
€62,114
Turnover not published (micro format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 45 days early
Why 95raises riskFounded in 2024lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.84, cash €47,632Size: total assets €144,146Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 56% of its sector peers (NACE 62, micro)
Financial strength
Strong
Solvency 70
equity 45.2% of total assets
Liquidity 64
short-term debt 54.3% · cash 33.0%
Profitability 100
return on assets 43.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,870 companies, NACE 62, micro)
Last 24 months 05-2025: 0.4% 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.5%▲ +0.1 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026highest value 09-2026: 0.6%● unchanged vs 08-2026highest value 10-2026: < 0.1%▼ -0.6 percentage points vs 09-2026lowest value
Credit of up to €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 1.84, above the usual 1.5; short-term debt: 54.3% and cash: 33% of total assets), but 54.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 39% on solvency, 47% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 1.84, cash €47,632
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €144,146
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
45 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Board meeting · Permanent representativeOther provision

Financials · financial year 2025, micro format

Equity
€65,114
Total assets
€144,146
Net result
€62,114
Working capital
€65,825

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €144,146
Equity €65,114
Debt €79,032
Debt finances 54.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€80,129
Cash flow
€63,625
Current ratio
1.84
Debt to equity
1.21
ROE
95.4%
ROA
43.1%
Interest coverage
over 100
Debt ≤ 1 year
€78,321
Income taxes
€16,237

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€144,146
Current assets29/58€144,146
Amounts receivable within one year40/41€92,539
Trade receivables40€92,539
Cash at bank and in hand54/58€47,632
Deferred charges and accrued income490/1€3,974
Equity and liabilities
Total equity and liabilities10/49€144,146
Equity10/15€65,114
Contributions10/11€3,000
Reserves13€62,114
Distributable reserves133€62,114
Amounts payable17/49€79,032
Amounts payable within one year42/48€78,321
Trade debts44€47,374
Suppliers440/4€47,374
Taxes, remuneration and social security45€30,947
Taxes450/3€30,947
Accrued charges and deferred income492/3€712
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,511
Other operating charges640/8€170
Gross operating margin9900€80,298
Operating profit (loss)9901€78,618
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€267
Recurring financial charges65€267
Profit (loss) for the period before taxes9903€78,351
Income taxes67/77€16,237
Profit (loss) for the period9904€62,114
Profit (loss) for the period to be appropriated9905€62,114
Appropriation of the result
Profit (loss) to be appropriated9906€62,114
Transfer to equity691/2€62,114
To other reserves6921€62,114

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,511
Other operating charges640/8€170
Gross operating margin9900€80,298
Operating profit (loss)9901€78,618
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€267
Recurring financial charges65€267
Profit (loss) for the period before taxes9903€78,351
Income taxes67/77€16,237
Profit (loss) for the period9904€62,114
Profit (loss) for the period to be appropriated9905€62,114
Line2025
Assets
Total assets20/58€144,146
Current assets29/58€144,146
Amounts receivable within one year40/41€92,539
Trade receivables40€92,539
Cash at bank and in hand54/58€47,632
Deferred charges and accrued income490/1€3,974
Equity and liabilities
Total equity and liabilities10/49€144,146
Equity10/15€65,114
Contributions10/11€3,000
Reserves13€62,114
Distributable reserves133€62,114
Amounts payable17/49€79,032
Amounts payable within one year42/48€78,321
Trade debts44€47,374
Suppliers440/4€47,374
Taxes, remuneration and social security45€30,947
Taxes450/3€30,947
Accrued charges and deferred income492/3€712
Line2025
Profit (loss) for the period9904€62,114
+ Depreciation and write-downs630€1,511
Operating cash flow (approximation)€63,625

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 16-06-2026 2026-00164996

Similar companies · same sector, comparable size

Of the 16,995 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,924. 7,007 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors found in Belgian Official Gazette deeds yet. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 5 April 2024, Data Forge was incorporated as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
16-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
11-06
Gazette deed Board meeting · Permanent representative
Other provision
Gazette deedNBB filing

Register details

Identification
Legal formPrivate limited company
Founded05-04-2024
Financial year end31-12
Activities, NACEBEL 2025
62100Computer programming
58290Other software publishing
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1008045774
Registered 08-04-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 24 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Wortegem-Petegem · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
732 m²
Building footprint
80 m²
Building volume
534 m³
Parcel 45055C0011/00L002, Flanders · tallest building 10.3 m. Linked by address, not a title deed.
1 establishment unit
Data Forge
Waregemseweg (W.) 32, 9790 Wortegem-PetegemComputer programming
since 2024unit no. 2.359.503.422
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
45055C0011/00L002 Flanders 732 m² 1 · 80 m² 10.2 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.