DigiNet
ActiveSummary
The computed 12-month bankruptcy probability of DigiNet is 1.7% (moderate). The 2025 annual accounts show equity of €1.0m and a net result of €208,341. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 16% of 6,105 sector peers (NACE 46, financial year 2025). The company has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 14.5 FTE
- Equity
- €1.0m
- Profit
- €208,341
- Parent
- DIGINET HOLDING · 52%
- Holdings
- 1
Why 54raises riskLiquidity: current ratio 1.43, cash €196,6601 change of registered office in 24 monthsEquity €1.0m (14.3% of total assets)Size: turnover €23.2m, 14.5 FTE, total assets €7.3mShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 46, small): better than 16% on solvency, 16% on liquidity, 24% on profitability and 83% on growth.
The bankruptcy probability was computed on 20-10-2026 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
This company filed its last 7 accounts on average 21 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Equity above €1mequity €1.0m ▲24.8%
- Registered officeRegistered-office move
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 401% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: 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), Staff (FTE).
Peer companies
Historical observationOf the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a higher bankruptcy probability: 1.7% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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 4,685 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €20.5m | €24.5m | €20.9m | €23.3m | ▲ 11.5% |
| Turnover70 | €16.2m | €18.2m | €18.8m | €20.5m | €24.4m | €20.8m | €23.2m | ▲ 11.5% |
| Other operating income74 | - | - | - | €0.04m | €0.04m | €0.02m | €0.02m | ▼ 7.5% |
| Non-recurring operating income76A | - | - | - | €415 | €0 | - | - | - |
| Operating charges60/66A | - | - | - | €20.4m | €24.3m | €20.8m | €22.9m | ▲ 10.1% |
| Goods for resale, raw materials and consumables60 | - | - | - | €17.5m | €21.3m | €17.4m | €19.3m | ▲ 10.9% |
| Purchases600/8 | - | - | - | €17.4m | €21.2m | €17.7m | €19.0m | ▲ 7.3% |
| Change in stocks: decrease (increase)609 | - | - | - | €0.1m | €0.07m | -€0.3m | €0.3m | - |
| Services and other goods61 | - | - | - | €1.7m | €1.5m | €2.0m | €2.3m | ▲ 11.8% |
| Remuneration, social security and pensions62 | - | - | - | €1.1m | €1.3m | €1.2m | €1.2m | ▼ 2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.08m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 20.5% |
| Other operating charges640/8 | - | - | - | €0.002m | €0.02m | €0.002m | €0.01m | ▲ 709% |
| Operating profit (loss)9901 | -€0.002m | €0.07m | €0.2m | €0.1m | €0.2m | €0.08m | €0.4m | ▲ 401% |
| Financial income75/76B | - | - | - | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 44.6% |
| Recurring financial income75 | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 44.6% |
| Income from financial fixed assets750 | - | - | - | - | €0.08m | €0.09m | €0 | ▼ 100% |
| Income from current assets751 | - | - | - | €0.02m | €0.02m | €0.05m | €0.06m | ▲ 11.7% |
| Other financial income752/9 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 31.5% |
| Financial charges65/66B | - | - | - | €0.2m | €0.3m | €0.3m | €0.3m | ▼ 21.3% |
| Recurring financial charges65 | €0.1m | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | ▼ 21.3% |
| Debt charges650 | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.3m | €0.2m | ▼ 25.2% |
| Other financial charges652/9 | - | - | - | €0.02m | €0.03m | €0.04m | €0.04m | ▲ 7.2% |
| Profit (loss) for the period before taxes9903 | €0.05m | €0.1m | €0.3m | €0.1m | €0.2m | €0.04m | €0.3m | ▲ 708% |
| Income taxes67/77 | €0.03m | €0.05m | €0.06m | €0.04m | €0.05m | €0.03m | €0.08m | ▲ 162% |
| Taxes670/3 | - | - | - | €0.04m | €0.05m | €0.03m | €0.08m | ▲ 162% |
| Profit (loss) for the period9904 | €0.02m | €0.06m | €0.2m | €0.07m | €0.2m | €0.004m | €0.2m | ▲ 4,563% |
| Profit (loss) for the period to be appropriated9905 | €0.02m | €0.06m | €0.2m | €0.07m | €0.2m | €0.004m | €0.2m | ▲ 4,563% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €6.7m | €5.8m | €5.9m | €7.1m | €8.6m | €6.9m | €7.3m | ▲ 6.0% |
| Fixed assets21/28 | €0.9m | €1.0m | €0.8m | €0.6m | €0.5m | €0.3m | €0.4m | ▲ 5.4% |
| Intangible fixed assets21 | €0.3m | €0.2m | €0.2m | €0.1m | €0.06m | €0 | - | - |
| Tangible fixed assets22/27 | €0.4m | €0.5m | €0.4m | €0.3m | €0.2m | €0.2m | €0.3m | ▲ 7.9% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.007m | €0.003m | €0.002m | ▼ 31.4% |
| Furniture and vehicles24 | - | - | - | €0.3m | €0.2m | €0.2m | €0.09m | ▼ 41.8% |
| Other tangible fixed assets26 | - | - | - | - | - | €0.08m | €0.2m | ▲ 116% |
| Financial fixed assets28 | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | = |
| Affiliated companies280/1 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | = |
| Participating interests280 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | = |
| Other financial fixed assets284/8 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Current assets29/58 | €5.8m | €4.8m | €5.1m | €6.4m | €8.1m | €6.6m | €7.0m | ▲ 6.1% |
| Amounts receivable after more than one year29 | - | - | - | €0.3m | €0.6m | €0.7m | €1.7m | ▲ 136% |
| Other amounts receivable291 | - | - | - | €0.3m | €0.6m | €0.7m | €1.7m | ▲ 136% |
| Stocks and contracts in progress3 | €1.5m | €1.5m | €1.6m | €1.5m | €1.4m | €1.7m | €1.4m | ▼ 19.3% |
| Stocks30/36 | - | - | - | €1.5m | €1.4m | €1.7m | €1.4m | ▼ 19.3% |
| Goods purchased for resale34 | - | - | - | €1.5m | €1.4m | €1.7m | €1.4m | ▼ 19.3% |
| Amounts receivable within one year40/41 | €2.9m | €2.6m | €3.0m | €4.4m | €6.1m | €3.9m | €3.6m | ▼ 7.4% |
| Trade receivables40 | - | - | - | €4.4m | €6.0m | €3.9m | €3.6m | ▼ 7.3% |
| Other amounts receivable41 | - | - | - | €0.001m | €0.08m | €0.007m | €0.003m | ▼ 46.9% |
| Cash at bank and in hand54/58 | €0.02m | €0.2m | €0.3m | €0.2m | €0.04m | €0.2m | €0.2m | ▲ 10.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €6.7m | €5.8m | €5.9m | €7.1m | €8.6m | €6.9m | €7.3m | ▲ 6.0% |
| Equity10/15 | €0.3m | €0.3m | €0.6m | €0.7m | €0.8m | €0.8m | €1.0m | ▲ 24.8% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.2m | €0.3m | €0.5m | €0.6m | €0.8m | €0.8m | €1.0m | ▲ 26.7% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Distributable reserves133 | - | - | - | €0.6m | €0.8m | €0.8m | €1.0m | ▲ 26.9% |
| Amounts payable17/49 | €6.4m | €5.4m | €5.3m | €6.4m | €7.7m | €6.1m | €6.3m | ▲ 3.4% |
| Amounts payable after more than one year17 | €1.0m | €1.1m | €1.3m | €1.4m | €1.1m | €1.0m | €1.4m | ▲ 39.4% |
| Financial debts170/4 | - | - | - | €1.4m | €1.1m | €1.0m | €1.4m | ▲ 39.4% |
| Subordinated loans170 | - | - | - | €1.4m | €1.1m | €1.0m | €1.4m | ▲ 40.1% |
| Credit institutions173 | - | - | - | €0.03m | €0.01m | €0.005m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €5.3m | €4.3m | €4.0m | €5.0m | €6.7m | €5.1m | €4.9m | ▼ 3.7% |
| Financial debts43 | - | - | - | €2.9m | €4.0m | €3.0m | €2.8m | ▼ 7.6% |
| Credit institutions430/8 | - | - | - | €2.9m | €4.0m | €3.0m | €2.8m | ▼ 7.6% |
| Trade debts44 | €2.0m | €1.1m | €0.4m | €1.6m | €2.0m | €1.8m | €1.6m | ▼ 11.5% |
| Suppliers440/4 | - | - | - | €1.6m | €2.0m | €1.8m | €1.6m | ▼ 11.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.6m | €0.2m | €0.5m | ▲ 108% |
| Taxes450/3 | - | - | - | €0.1m | €0.4m | €0.1m | €0.3m | ▲ 235% |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 4.9% |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.03m | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.003m | €0 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,174 | €63,526 | €236,391 | €70,908 | €180,032 | €4,468 | €208,341 | ▲ 4,563% |
| + Depreciation and write-downs630 | €82,528 | €146,168 | €177,464 | €171,576 | €174,298 | €167,404 | €133,085 | ▼ 20.5% |
| Operating cash flow (approximation) | €100,702 | €209,694 | €413,855 | €242,484 | €354,330 | €171,872 | €341,426 | ▲ 98.7% |
| Investment in fixed assets (approximation) | - | -€233,581 | €53,169 | -€34,075 | -€5,158 | -€62,825 | -€152,040 | ▼ 142% |
| Change in cash | - | €140,615 | €102,178 | -€99,781 | -€123,294 | €136,926 | €18,070 | ▼ 86.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | full format | 30-01-2026 | 2026-00036404 |
| 30-06-2024 | full format | 31-01-2025 | 2025-00031222 |
| 30-06-2023 | full format | 31-01-2024 | 2024-00021714 |
| 30-06-2022 | full format | 08-02-2023 | 2023-00025233 |
| 30-06-2021 | full format | 22-11-2021 | 2021-77900205 |
| 30-06-2020 | full format | 09-11-2020 | 2020-69500481 |
| 30-06-2019 | full format | 31-01-2020 | 2020-04000340 |
| 30-06-2018 | abbreviated format | 26-04-2019 | 2019-12000218 |
| 30-06-2017 | abbreviated format | 31-01-2018 | 2018-04100135 |
| 30-06-2016 | abbreviated format | 30-03-2017 | 2017-08500136 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 5 entries · €21,211 awarded · €21,211 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €194 | €194 |
| 2024 | 1 | €123 | €123 |
| 2023 | 1 | €5,799 | €5,799 |
| 2022 | 2 | €15,095 | €15,095 |
Public contracts
Show 5 more contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.
Directors
Owners and capital
Owners
4 ownersChain of control
- DIGINET HOLDING
- DigiNet
Highest known parent: DIGINET HOLDING. The sources do not say who stands above it.
Owners 4
-
52%
-
12%
-
12%
-
4.5%
According to the annual accounts to 30-06-2025 of DigiNet and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
According to the annual accounts to 30-06-2025 of DigiNet and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
History
Acts, filings and financial milestones
30-06
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 01-06-2025
- Registered-office move, Leuvensesteenweg 248 bus B,1800 Vilvoorde
16-05
Gazette deed
Registered office · Amendment of the articlesCapital · Registered office clause · Power of attorney5 facts ▸
- General meeting, “uittreksel, eenparigheid van stemmen” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital, €61,500
- Registered office clause, “Vilvoorde, Aarschotsestraat 87A” (deed in Dutch)
- Power of attorney
Show earlier events
About the unread acts
Of the 12 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 21 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23066A0039/00A002 | Flanders | 383 m² | 1 · 149 m² | - |
| 23644H0033/00T003 | Flanders | 123 m² | 1 · 62 m² | 9.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DIGINET
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- 3 provisions in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Kapitaalverhoging, uitgifte converteerbare obligaties of inschrijvingsrechten met inschrijving in geld eerst aanbieden aan aandeelhouders…” (deed in Dutch)2 more provisions on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of December at 20:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuursorgaan in functie als college bij gebrek aan benoeming” (deed in Dutch)“Alle verrichtingen vermeld in de wet, algemene vergadering” (deed in Dutch)