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Density

Active
Private limited companyfounded 2022active for 4 yearsDesguinlei 184, 2018 Antwerpen, BelgiumKBO/BCE: BE 0784.767.810
Summary

Density has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,257 and a net result of -€5,299. Equity is shrinking by about 68% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 38% of 2,293 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Computing infrastructure, data processing, hosting and related activities
NACE 63100
1 site
Size
€37,500total assets 2025
Equity
€15,257
Loss
-€5,299
Turnover not published (micro format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
  • JOKAMONTODirector · permanent representative VAN UYTBERGEN Steve
2025 accounts 3 days early1 of 2 deeds summarised
Why 87raises riskLoss of €5,299, the second in a row (financial year 2025)lowers riskSector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)Liquidity: current ratio 1.54, cash €7,863Figures for financial year 2025 (filed 28-07-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (NACE 63, micro)
Financial strength · tick = 2024
Weak
Solvency 66-1
equity 40.7% of total assets
Liquidity 45-25
short-term debt 59.3% · cash 21.0%
Profitability 1+1
return on assets -14.1%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (2,944 companies, NACE 63, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025highest value 09-2025: 0.2%● unchanged vs 08-2025highest value 10-2025: 0.2%● unchanged vs 09-2025highest value 11-2025: 0.2%● unchanged vs 10-2025highest value 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.54, compared with 1.57 in 2024, above the usual 1.5; short-term debt: 59.3% and cash: 21% of total assets), but 59.3% 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 63, micro): better than 39% on solvency, 24% on liquidity, 13% on profitability and 60% on growth.

The bankruptcy probability was computed on 29-10-2026 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: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
KBO
lowers risk · Liquidity: current ratio 1.54, cash €7,863
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 28-07-2026)
NBB · annual accounts
raises risk · Loss of €5,299, the second in a row (financial year 2025)
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 28-07-2026, 3 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
3 days early
2024
1 day early
2023
6 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 3 days before the deadline; the sector median (NACE 63) for financial year 2024 is 10 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Appointment: JOKAMONTO (director)Permanent representative: VAN UYTBERGEN Steve…

Financials · financial year 2025, micro format

Equity
€15,257▲ 14.2%
2024 · €13,357
Total assets
€37,500▲ 19.0%
2024 · €31,506
Net result
-€5,299▲ 76.7%
2024 · -€22,748
Working capital
€12,060▲ 17.5%
2024 · €10,265
Trend over the years

2023 to 2025, 3 financial years

The operating result stays negative: a loss of €5,154 in 2025 against €22,714 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€5,154 2025 Net result-€5,299 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 63, Computing infrastructure, data processing, hosting and other information service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€21,276--€22,714-€5,154▲ 77.3%
Net result€16,905within the sector's middle half--€22,748below the sector's middle half-€5,299below the sector's middle half▲ 76.7%
Equity€36,105within the sector's middle half-€13,357below the sector's middle half▼ 63.0%€15,257below the sector's middle half▲ 14.2%
Total assets€54,336below the sector's middle half-€31,506below the sector's middle half▼ 42.0%€37,500below the sector's middle half▲ 19.0%
Debt€18,231-€18,149▼ 0.5%€22,243▲ 22.6%
Working capital€34,449within the sector's middle half-€10,265within the sector's middle half▼ 70.2%€12,060within the sector's middle half▲ 17.5%
Solvency66.4%within the sector's middle half-42.4%within the sector's middle half▼ 24.1pp40.7%within the sector's middle half▼ 1.7pp
Current ratio3.20within the sector's middle half-1.57within the sector's middle half▼ 1.631.54within the sector's middle half▼ 0.02
Return on assets (ROA)31.1%above the sector's middle half--72.2%below the sector's middle half▼ 103.3pp-14.1%below the sector's middle half▲ 58.1pp
above within below the middle half of NACE 63, Computing infrastructure, data processing, hosting and other information service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37,500
Fixed assets €3,197 ▲ 3.4%
Current assets €34,303 ▲ 20.7%
Equity and liabilities €37,500
Equity €15,257 ▲ 14.2%
Debt €22,243 ▲ 22.6%
Debt's share of the balance-sheet total rises from 57.6% to 59.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€3,836▲
2024 · -€21,599
Cash flow
-€3,980▲
2024 · -€21,633
Debt to equity
1.46▲
2024 · 1.36
ROE
-34.7%▲
2024 · -170.3%
Interest coverage
-26.49▲
2024 · -631.56
Debt ≤ 1 year
€22,243▲
2024 · €18,149
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,223 companies that looked in July 2024 the way this one looks now, 3.4% went bankrupt within 24 months and 87.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.4% went bankrupt
8.7% stopped otherwise
87.8% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,445 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 3,223 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 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€31,506€37,500▲
Fixed assets21/28€3,091€3,197▲
Intangible fixed assets21€3,091€3,197▲
Current assets29/58€28,414€34,303▲
Amounts receivable within one year40/41€12,853€25,525▲
Trade receivables40€9,082€21,125▲
Other amounts receivable41€3,771€4,400▲
Cash at bank and in hand54/58€15,036€7,863▼
Deferred charges and accrued income490/1€525€915▲
Equity and liabilities
Total equity and liabilities10/49€31,506€37,500▲
Equity10/15€13,357€15,257▲
Contributions10/11€19,200€26,400▲
Profit (loss) carried forward14-€5,843-€11,143▼
Amounts payable17/49€18,149€22,243▲
Amounts payable within one year42/48€18,149€22,243▲
Trade debts44€13,610€21,526▲
Suppliers440/4€13,610€21,526▲
Taxes, remuneration and social security45€4,237-
Taxes450/3€4,237-
Other amounts payable47/48€303€717▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,115€1,319▲
Other operating charges640/8€118€520▲
Gross operating margin9900-€21,481-€3,316▲
Operating profit (loss)9901-€22,714-€5,154▲
Financial charges65/66B€34€145▲
Recurring financial charges65€34€145▲
Profit (loss) for the period before taxes9903-€22,748-€5,299▲
Profit (loss) for the period9904-€22,748-€5,299▲
Profit (loss) for the period to be appropriated9905-€22,748-€5,299▲
Appropriation of the result
Profit (loss) to be appropriated9906-€5,843-€11,143▼
Profit (loss) brought forward from the previous period14P€16,905-€5,843▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,369€1,115€1,319▲ 18.3%
Other operating charges640/8€493€118€520▲ 340%
Gross operating margin9900€23,138-€21,481-€3,316▲ 84.6%
Operating profit (loss)9901€21,276-€22,714-€5,154▲ 77.3%
Financial income75/76B€15---
Recurring financial income75€15---
Financial charges65/66B€149€34€145▲ 323%
Recurring financial charges65€149€34€145▲ 323%
Profit (loss) for the period before taxes9903€21,142-€22,748-€5,299▲ 76.7%
Income taxes67/77€4,237---
Profit (loss) for the period9904€16,905-€22,748-€5,299▲ 76.7%
Profit (loss) for the period to be appropriated9905€16,905-€22,748-€5,299▲ 76.7%
Line202320242025Change
Assets
Total assets20/58€54,336€31,506€37,500▲ 19.0%
Fixed assets21/28€4,206€3,091€3,197▲ 3.4%
Intangible fixed assets21€4,206€3,091€3,197▲ 3.4%
Current assets29/58€50,130€28,414€34,303▲ 20.7%
Amounts receivable within one year40/41€27,390€12,853€25,525▲ 98.6%
Trade receivables40€27,390€9,082€21,125▲ 133%
Other amounts receivable41-€3,771€4,400▲ 16.7%
Cash at bank and in hand54/58€22,146€15,036€7,863▼ 47.7%
Deferred charges and accrued income490/1€594€525€915▲ 74.4%
Equity and liabilities
Total equity and liabilities10/49€54,336€31,506€37,500▲ 19.0%
Equity10/15€36,105€13,357€15,257▲ 14.2%
Contributions10/11€19,200€19,200€26,400▲ 37.5%
Profit (loss) carried forward14€16,905-€5,843-€11,143▼ 90.7%
Amounts payable17/49€18,231€18,149€22,243▲ 22.6%
Amounts payable within one year42/48€15,681€18,149€22,243▲ 22.6%
Trade debts44€11,085€13,610€21,526▲ 58.2%
Suppliers440/4€11,085€13,610€21,526▲ 58.2%
Taxes, remuneration and social security45€4,293€4,237--
Taxes450/3€4,293€4,237--
Other amounts payable47/48€303€303€717▲ 137%
Accrued charges and deferred income492/3€2,550---
Line202320242025Change
Profit (loss) for the period9904€16,905-€22,748-€5,299▲ 76.7%
+ Depreciation and write-downs630€1,369€1,115€1,319▲ 18.3%
Operating cash flow (approximation)€18,274-€21,633-€3,980▲ 81.6%
Investment in fixed assets (approximation)-€0-€1,425-
Change in cash--€7,110-€7,173▼ 0.9%

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 (3)
Financial year Type Filed Reference
31-12-2025 micro format 28-07-2026 2026-00342701
31-12-2024 micro format 30-07-2025 2025-00335073
31-12-2023 micro format 25-07-2024 2024-00284007

Similar companies · same sector, comparable size

Of the 2,672 active companies whose main activity is computing infrastructure, data processing, hosting and related activities (NACE 63100), figures are known for 1,275. 696 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
1 director, last change in 2025

Board 1

JOKAMONTO
Director (not named in the articles) · since 04-07-2025 · Limited partnership · permanent representative: VAN UYTBERGEN Steve
Current

Permanent representatives 1

VAN UYTBERGEN Steve
Permanent representative · since 04-07-2025 · for JOKAMONTO
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2025, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
JOKAMONTO
  • Director (not named in the articles), from 04-07-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

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

Group and network

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Horeca Partners
Shared corporate director
→

History

On 12 April 2022, Density was incorporated as a private limited company.1 Total assets went from €54,336 in 2023 to €37,500 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-07
NBB filing Annual accounts filed
financial year 2024 · micro format
04-07
Gazette deed Appointment: JOKAMONTO (director)
Permanent representative: VAN UYTBERGEN Steve · Share issue · Bank account10 facts ▸
  • General meeting, 26-06-2025
  • Share issue, “bijkomende inbreng in speciën”, 7200 (deed in Dutch)
  • Other provision, “afstand opmaak verslag bestuursorgaan, eenparig besluit” (deed in Dutch)
  • Other provision, “individueel,uitdrukkelijk en onherroepelijk, alle aandeelhouders” (deed in Dutch)
  • Bank account, “bankattest inbreng in geld, bijzondere rekening” (deed in Dutch)
  • Amendment of the articles, “Artikel 5” (deed in Dutch)
  • Power of attorney
  • Director appointment, JOKAMONTO (director (not named in the articles))
  • Permanent representative, VAN UYTBERGEN Steve
  • Other provision, “geen verbod functie-uitoefening, uitoefenen functie niet verboden” (deed in Dutch)
2024
31-12
Financial Weakest financial yearnet -€22,748
Net result drops to -€22,748, the lowest in the series; recovery starts the following year.
25-07
NBB filing Annual accounts filed
financial year 2023 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded12-04-2022
Financial year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
70200Business and other management consultancy
73120Media representation
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0784767810
Also 9925:BE0784767810
Registered 31-10-2023

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

Register as of 29 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, Antwerpen · 1 establishment unit since 2022
registered office establishment The establishment unit on the map
Ground area
106 m²
Building footprint
92 m²
Building volume
1,122 m³
Parcel 11810K2171/00E002, Flanders · tallest building 16.2 m. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Density
Desguinlei 184, 2018 AntwerpenComputing infrastructure, data processing, hosting and related activities
since 2022unit no. 2.330.952.857
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11810K2171/00E002 Flanders 106 m² 1 · 92 m² 16.2 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.