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DIGICONNECT

Active
Private limited companyfounded 2019active for 7 yearsZandstraat 187, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0727.594.822

Financials · financial year 2025, micro format

2025 annual accounts filed 40 days after the deadline Filed on 9 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00509153.

Annual accounts 2025 filed on 09-09-2026 at the NBB all 7 filings

Turnover
€282,532▲ 7.5%
2024 · €262,859
EBIT margin
11.1%▼ 0.5pp
2024 · 11.6%
Net result
€20,100▼ 1.0%
2024 · €20,299
Working capital
€102,086▲ 17.6%
2024 · €86,774
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 2% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.

Turnover€282,532 2025 Operating result€31,344 2025 Net result€20,100 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€76,911€188,821▲ 146%€205,851▲ 9.0%€262,859▲ 27.7%€282,532▲ 7.5%
Operating result-€3,680-€2,824€29,414▲ 941%€26,838▼ 8.8%€30,678▲ 14.3%€30,590▼ 0.3%€31,344▲ 2.5%
Net result-€3,730-€2,739below the sector's middle half€23,669within the sector's middle half▲ 764%€20,964within the sector's middle half▼ 11.4%€21,163within the sector's middle half▲ 1.0%€20,299within the sector's middle half▼ 4.1%€20,100within the sector's middle half▼ 1.0%
EBIT margin38.2%14.2%▼ 24.0pp14.9%▲ 0.7pp11.6%▼ 3.3pp11.1%▼ 0.5pp
Equity-€1,230-€1,509below the sector's middle half€25,179below the sector's middle half▲ 17×€46,143within the sector's middle half▲ 83.3%€67,306within the sector's middle half▲ 45.9%€87,605within the sector's middle half▲ 30.2%€107,705within the sector's middle half▲ 22.9%
Total assets€2,523-€15,539below the sector's middle half▲ 516%€31,196below the sector's middle half▲ 101%€65,770below the sector's middle half▲ 111%€88,958within the sector's middle half▲ 35.3%€126,756within the sector's middle half▲ 42.5%€207,699within the sector's middle half▲ 63.9%
Debt€3,753-€14,030▲ 274%€6,017▼ 57.1%€19,627▲ 226%€21,652▲ 10.3%€39,151▲ 80.8%€99,994▲ 155%
Working capital-€1,230-€1,509below the sector's middle half€25,179within the sector's middle half▲ 17×€43,466within the sector's middle half▲ 72.6%€65,553within the sector's middle half▲ 50.8%€86,774within the sector's middle half▲ 32.4%€102,086within the sector's middle half▲ 17.6%
Solvency9.7%below the sector's middle half80.7%above the sector's middle half▲ 71.0pp70.2%within the sector's middle half▼ 10.6pp75.7%within the sector's middle half▲ 5.5pp69.1%within the sector's middle half▼ 6.5pp51.9%within the sector's middle half▼ 17.3pp
Current ratio1.11below the sector's middle half5.18above the sector's middle half▲ 4.083.21within the sector's middle half▼ 1.974.03within the sector's middle half▲ 0.813.22within the sector's middle half▼ 0.812.15within the sector's middle half▼ 1.07
Return on assets (ROA)17.6%within the sector's middle half75.9%above the sector's middle half▲ 58.2pp31.9%above the sector's middle half▼ 44.0pp23.8%within the sector's middle half▼ 8.1pp16.0%within the sector's middle half▼ 7.8pp9.7%within the sector's middle half▼ 6.3pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €207,699
Fixed assets €16,613 ▲ 20×
Current assets €191,086 ▲ 51.7%
Equity and liabilities €207,699
Equity €107,705 ▲ 22.9%
Debt €99,994 ▲ 155%
Debt's share of the balance-sheet total rises from 30.9% to 48.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€32,174▲
2024 · €31,513
Cash flow
€20,931▼
2024 · €21,222
Debt to equity
0.93▲
2024 · 0.45
ROE
18.7%▼
2024 · 23.2%
Interest coverage
4.77▼
2024 · 5.74
Debt ≤ 1 year
€89,000▲
2024 · €39,151
Debt > 1 year
€10,994
Income taxes
€4,500▼
2024 · €4,861
Customer credit
91 days▼
2024 · 92 days
Supplier credit
89 days▲
2024 · 18 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as DIGICONNECT: computer programming (NACE 62100). They are comparable in size and age: total assets between €185,000 and €251,000, founded between 2018 and 2020.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
DIGICONNECT Heusden-Zolder2019€207,699€107,705€32,718€282,532€20,1002025
Pianta Retie2019€199,665€148,728€35,007-€23,0292025
Vanhooydonck Jens Antwerpen2019€244,589€213,365€36,685-€22,0382025
KARAMELSOFT Faimes2020€184,821€27,026€35,466-€4,9262025
O’Labs Consulting Ath2019€250,657€149,469€34,614-€1,6402025
DIAMS-IT Wemmel2020€234,620€106,688€35,737-€6,7902025
METAVISION Haaltert2018€190,711€89,599€39,345-€12,4252025

They were chosen from the 9,111 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 26,972 companies had the same profile as DIGICONNECT has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of DIGICONNECT itself is lower: 0.1% within 12 months. It rests on far more data about DIGICONNECT than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for DIGICONNECT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines

Source: Annual accounts 2025 at the NBB, filed on 09-09-2026.

Balance sheet Code20242025
Assets
Total assets20/58€126,756€207,699▲
Fixed assets21/28€831€16,613▲
Tangible fixed assets22/27€831€16,613▲
Plant, machinery and equipment23€831€16,613▲
Current assets29/58€125,926€191,086▲
Amounts receivable within one year40/41€71,377€75,403▲
Trade receivables40€66,260€70,764▲
Other amounts receivable41€5,117€4,639▼
Cash at bank and in hand54/58€54,549€115,683▲
Equity and liabilities
Total equity and liabilities10/49€126,756€207,699▲
Equity10/15€87,605€107,705▲
Contributions10/11€2,500€2,500=
Reserves13€85,105€105,205▲
Distributable reserves133€85,105€105,205▲
Amounts payable17/49€39,151€99,994▲
Amounts payable after more than one year17-€10,994
Financial debts170/4-€10,994
Amounts payable within one year42/48€39,151€89,000▲
Current portion of amounts payable after more than one year42-€1,658
Trade debts44€11,626€61,208▲
Suppliers440/4€11,626€61,208▲
Taxes, remuneration and social security45€27,525€26,135▼
Taxes450/3€27,525€26,135▼
Income statement Code20242025
Turnover70€262,859€282,532▲
Goods, raw materials, services and sundry goods60/61€230,818€249,815▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€923€831▼
Other operating charges640/8€528€543▲
Gross operating margin9900€32,041€32,718▲
Operating profit (loss)9901€30,590€31,344▲
Financial income75/76B€61€1▼
Recurring financial income75€61€1▼
Financial charges65/66B€5,492€6,745▲
Recurring financial charges65€5,492€6,745▲
Profit (loss) for the period before taxes9903€25,160€24,600▼
Income taxes67/77€4,861€4,500▼
Profit (loss) for the period9904€20,299€20,100▼
Profit (loss) for the period to be appropriated9905€20,299€20,100▼
Appropriation of the result
Profit (loss) to be appropriated9906€20,299€20,100▼
Transfer to equity691/2€20,299€20,100▼
To other reserves6921€20,299€20,100▼

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2019202020212022202320242025Change
Turnover70--€76,911€188,821€205,851€262,859€282,532▲ 7.5%
Goods, raw materials, services and sundry goods60/61---€161,337€173,695€230,818€249,815▲ 8.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€92€923€923€831▼ 10.0%
Other operating charges640/8--€410€554€555€528€543▲ 3.0%
Gross operating margin9900-€3,332€2,824€29,823€27,484€32,156€32,041€32,718▲ 2.1%
Operating profit (loss)9901-€3,680€2,824€29,414€26,838€30,678€30,590€31,344▲ 2.5%
Financial income75/76B----€1€61€1▼ 98.4%
Recurring financial income75----€1€61€1▼ 98.4%
Financial charges65/66B--€75€633€3,015€5,492€6,745▲ 22.8%
Recurring financial charges65€50€85€75€633€3,015€5,492€6,745▲ 22.8%
Profit (loss) for the period before taxes9903-€3,730€2,739€29,339€26,205€27,663€25,160€24,600▼ 2.2%
Income taxes67/77--€5,670€5,241€6,500€4,861€4,500▼ 7.4%
Profit (loss) for the period9904-€3,730€2,739€23,669€20,964€21,163€20,299€20,100▼ 1.0%
Profit (loss) for the period to be appropriated9905-€3,730€2,739€23,669€20,964€21,163€20,299€20,100▼ 1.0%
Line2019202020212022202320242025Change
Assets
Total assets20/58€2,523€15,539€31,196€65,770€88,958€126,756€207,699▲ 63.9%
Fixed assets21/28---€2,677€1,754€831€16,613▲ 20×
Tangible fixed assets22/27---€2,677€1,754€831€16,613▲ 20×
Plant, machinery and equipment23---€2,677€1,754€831€16,613▲ 20×
Current assets29/58€2,523€15,539€31,196€63,093€87,204€125,926€191,086▲ 51.7%
Amounts receivable after more than one year29--€26,078-----
Trade receivables290--€21,030-----
Other amounts receivable291--€5,048-----
Amounts receivable within one year40/41---€43,862€47,852€71,377€75,403▲ 5.6%
Trade receivables40---€38,500€38,147€66,260€70,764▲ 6.8%
Other amounts receivable41---€5,362€9,705€5,117€4,639▼ 9.3%
Cash at bank and in hand54/58€1€1,788€5,118€19,230€39,353€54,549€115,683▲ 112%
Equity and liabilities
Total equity and liabilities10/49€2,523€15,539€31,196€65,770€88,958€126,756€207,699▲ 63.9%
Equity10/15-€1,230€1,509€25,179€46,143€67,306€87,605€107,705▲ 22.9%
Contributions10/11--€2,500€2,500€2,500€2,500€2,500=
Reserves13--€22,679€43,643€64,806€85,105€105,205▲ 23.6%
Distributable reserves133--€22,679€43,643€64,806€85,105€105,205▲ 23.6%
Profit (loss) carried forward14-€3,730-€991------
Amounts payable17/49€3,753€14,030€6,017€19,627€21,652€39,151€99,994▲ 155%
Amounts payable after more than one year17------€10,994-
Financial debts170/4------€10,994-
Amounts payable within one year42/48€3,753€14,030€6,017€19,627€21,652€39,151€89,000▲ 127%
Current portion of amounts payable after more than one year42------€1,658-
Trade debts44€3,753€13,530€348€8,716-€11,626€61,208▲ 426%
Suppliers440/4--€348€8,716-€11,626€61,208▲ 426%
Taxes, remuneration and social security45--€5,670€10,911€21,652€27,525€26,135▼ 5.1%
Taxes450/3--€5,670€10,911€21,652€27,525€26,135▼ 5.1%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€3,730€2,739€23,669€20,964€21,163€20,299€20,100▼ 1.0%
+ Depreciation and write-downs630---€92€923€923€831▼ 10.0%
Operating cash flow (approximation)-€3,730€2,739€23,669€21,057€22,086€21,222€20,931▼ 1.4%
Investment in fixed assets (approximation)----€0€0-€16,613-
Change in cash-€1,787€3,330€14,112€20,122€15,196€61,135▲ 302%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference Document
31-12-2025 micro format 09-09-2026 2026-00509153 NBB
31-12-2024 micro format 31-03-2025 2025-00057895 PDF
31-12-2023 micro format 08-05-2024 2024-00084188 PDF
31-12-2022 micro format 20-01-2023 2023-00000944 PDF
31-12-2021 micro format 31-08-2022 2022-20364096 PDF
31-12-2020 micro format 30-08-2021 2021-58300173 PDF
31-12-2019 micro format 29-10-2020 2020-67300370 PDF

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