Digi-Flow
ActiveSummary
Digi-Flow has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-220k) and a net result of €-78k. Equity is shrinking by ~36.2% per year across the filed fiscal years. Its solvency ranks better than 12% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-24
Solvency12▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.62 against 1.43 in 2024; short-term debt: 59.4% and cash: 1.2% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-12.8%
Return on assets
-4.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-220k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
56 d early
2023
12 d early
2022
24 d early
2021
1 d late
2020
52 d early
2019
11 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.73M
EBIT margin
11.4%
Net result
€-78k
2024 · €64k
Working capital
€633k▼ 5.8%
2024 · €673k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€-166k€-107k▲ 35.4%€42k€186k▲ 344%€14k▼ 92.5%
Net result€-194k€-165k▲ 14.8%€-56k▲ 66.2%€64k€-78k
EBIT margin
Equity€15k▼ 92.9%€-150k€-206k▼ 37.2%€-142k▲ 31.1%€-220k▼ 54.8%
Total assets€2.57M▼ 31.7%€3.41M▲ 32.6%€2.73M▼ 19.9%€2.31M▼ 15.4%€1.72M▼ 25.7%
Debt€2.56M▼ 28.1%€3.56M▲ 39.2%€2.94M▼ 17.5%€2.45M▼ 16.5%€1.94M▼ 21.1%
Working capital€-17k€657k€598k▼ 8.9%€673k▲ 12.5%€633k▼ 5.8%
Staff (FTE)23.8▲ 16.7%30.3▲ 27.3%29.9▼ 1.3%26.3▼ 12.0%19.5▼ 25.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 93% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.72M
Fixed assets
€64k ▼ 20.2%
Current assets
€1.65M ▼ 25.9%
Key figures and ratios
EBITDA
€41k▼
2024 · €279k
Cash flow
€-51k▼
2024 · €157k
Solvency
-12.8%▼
2024 · -6.2%
Current ratio
1.62▲
2024 · 1.43
Quick ratio
1.39▲
2024 · 1.13
Debt to equity
-8.80▲
2024 · -17.26
ROA
-4.5%▼
2024 · 2.8%
Interest coverage
0.42▼
2024 · 2.20
Debt ≤ 1 year
€1.02M▼
2024 · €1.56M
Debt > 1 year
€915k▲
2024 · €887k
Income taxes
€3k▼
2024 · €5k
Staff costs
€1.33M▼
2024 · €1.80M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1.43M | €1.73M | €1.99M | €1.80M | €1.33M | ▼ 26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €74k | €107k | €106k | €93k | €27k | ▼ 71.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | - | - | - | - |
| Other operating charges640/8 | €12k | €15k | €13k | €5k | €3k | ▼ 43.7% |
| Operating charges capitalised as restructuring costs649 | €0 | - | - | - | - | - |
| Gross operating margin9900 | €1.35M | €1.74M | €2.15M | €2.08M | €1.38M | ▼ 34.0% |
| Operating profit (loss)9901 | €-166k | €-107k | €42k | €186k | €14k | ▼ 92.5% |
| Financial income75/76B | €0 | - | €2k | €9k | €8k | ▼ 10.8% |
| Recurring financial income75 | €0 | - | €2k | €9k | €8k | ▼ 10.8% |
| Financial charges65/66B | €25k | €51k | €97k | €126k | €97k | ▼ 23.3% |
| Recurring financial charges65 | €25k | €51k | €97k | €126k | €97k | ▼ 23.3% |
| Profit (loss) for the period before taxes9903 | €-190k | €-158k | €-53k | €69k | €-75k | ▼ 209% |
| Income taxes67/77 | €4k | €8k | €3k | €5k | €3k | ▼ 33.0% |
| Profit (loss) for the period9904 | €-194k | €-165k | €-56k | €64k | €-78k | ▼ 222% |
| Profit (loss) for the period to be appropriated9905 | €-194k | €-165k | €-56k | €64k | €-78k | ▼ 222% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.57M | €3.41M | €2.73M | €2.31M | €1.72M | ▼ 25.7% |
| Formation expenses20 | €162k | €109k | €55k | €2k | €0 | ▼ 100% |
| Fixed assets21/28 | €138k | €141k | €112k | €80k | €64k | ▼ 20.2% |
| Tangible fixed assets22/27 | €138k | €141k | €92k | €59k | €43k | ▼ 28.2% |
| Plant, machinery and equipment23 | €5k | €4k | €11k | €8k | €6k | ▼ 28.0% |
| Furniture and vehicles24 | €132k | €131k | €75k | €47k | €33k | ▼ 29.5% |
| Other tangible fixed assets26 | - | €6k | €6k | €5k | €4k | ▼ 16.2% |
| Financial fixed assets28 | €46 | €546 | €21k | €21k | €21k | ▲ 2.5% |
| Current assets29/58 | €2.27M | €3.16M | €2.57M | €2.23M | €1.65M | ▼ 25.9% |
| Stocks and contracts in progress3 | €829k | €1.56M | €964k | €467k | €232k | ▼ 50.4% |
| Stocks30/36 | €50k | €50k | €75k | €114k | €141k | ▲ 22.9% |
| Contracts in progress37 | €779k | €1.51M | €889k | €353k | €91k | ▼ 74.1% |
| Amounts receivable within one year40/41 | €747k | €974k | €946k | €1.29M | €1.22M | ▼ 5.7% |
| Trade receivables40 | €670k | €970k | €758k | €855k | €779k | ▼ 8.9% |
| Other amounts receivable41 | €76k | €4k | €188k | €435k | €438k | ▲ 0.8% |
| Cash at bank and in hand54/58 | €354k | €113k | €129k | €110k | €20k | ▼ 81.8% |
| Deferred charges and accrued income490/1 | €345k | €517k | €526k | €362k | €184k | ▼ 49.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.57M | €3.41M | €2.73M | €2.31M | €1.72M | ▼ 25.7% |
| Equity10/15 | €15k | €-150k | €-206k | €-142k | €-220k | ▼ 54.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €0 | - | - | - | - | - |
| Profit (loss) carried forward14 | €-6k | €-171k | €-227k | €-163k | €-241k | ▼ 47.9% |
| Amounts payable17/49 | €2.56M | €3.56M | €2.94M | €2.45M | €1.94M | ▼ 21.1% |
| Amounts payable after more than one year17 | €266k | €1.02M | €951k | €887k | €915k | ▲ 3.2% |
| Financial debts170/4 | €266k | €1.02M | €951k | €887k | €915k | ▲ 3.2% |
| Amounts payable within one year42/48 | €2.29M | €2.51M | €1.97M | €1.56M | €1.02M | ▼ 34.5% |
| Current portion of amounts payable after more than one year42 | €89k | €88k | €66k | €64k | €47k | ▼ 27.3% |
| Financial debts43 | €1.05M | €459k | €498k | €640k | €311k | ▼ 51.5% |
| Credit institutions430/8 | €1.05M | €459k | €498k | €640k | €311k | ▼ 51.5% |
| Trade debts44 | €142k | €190k | €68k | €151k | €118k | ▼ 22.1% |
| Suppliers440/4 | €142k | €190k | €68k | €151k | €118k | ▼ 22.1% |
| Advances received on contracts in progress46 | €704k | €1.42M | €912k | €366k | €280k | ▼ 23.5% |
| Taxes, remuneration and social security45 | €309k | €344k | €349k | €261k | €147k | ▼ 43.7% |
| Taxes450/3 | €78k | €86k | €62k | €51k | €49k | ▼ 3.1% |
| Remuneration and social security454/9 | €231k | €258k | €287k | €210k | €98k | ▼ 53.5% |
| Other amounts payable47/48 | - | - | €75k | €75k | €118k | ▲ 57.5% |
| Accrued charges and deferred income492/3 | €3k | €39k | €21k | €10k | €2k | ▼ 75.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-194k | €-165k | €-56k | €64k | €-78k | ▼ 222% |
| + Depreciation and write-downs630 | €74k | €107k | €106k | €93k | €27k | ▼ 71.2% |
| Operating cash flow (approximation) | €-120k | €-59k | €50k | €157k | €-51k | ▼ 133% |
| Investment in fixed assets (approximation) | - | €-110k | €-77k | €-61k | €-11k | ▲ 82.6% |
| Change in cash | - | €-240k | €16k | €-19k | €-90k | ▼ 373% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €64k
Net result €64k after 3 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
31-12
Financial
Weakest financial yearnet €-194k
Net result drops to €-194k, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 11 days late
2019
31-12
Financial
Equity above €200kEq €208k ▲12.6%
2 profitable years in a row build equity to €208k.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2007
Ground area
3,807 m²
Building footprint
1,011 m²
Volume, LiDAR
6,581 m³
Parcel 11463D0203/00G000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
SOLINDUS
since 20072.167.773.816
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0203/00G000 | Flanders | 3,807 m² | 1 · 1,011 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 75,472 EUR awarded · 75,472 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 32,910 EUR | 32,910 EUR |
| 2024 | 2 | 22,169 EUR | 22,169 EUR |
| 2023 | 3 | 10,312 EUR | 10,312 EUR |
| 2022 | 2 | 10,081 EUR | 10,081 EUR |
Schemes
Individueel Maatwerk
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Subsidies ter ondersteuning van de professionele integratie van personen met een arbeidsbeperking
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,772. 5,246 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-08-2007
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.