Equity
€55,319 ▼ 43.6%
DIGITAL ASSOCIATES paid out €833 in dividends in a year with a loss of €41,997.
DIGITAL ASSOCIATES
Lifetime
17 annual accounts with figures on one time axispeak €51,137 (2020)
-€38,133▼ €36,446
lowest -€41,997 (2025)
-€41,997▼ €29,763
peak €110,384 (2023)
€55,319▼ 43.6%
€1,173▲ 581%
Board2 names since 2015
2 directorsDenise Vignier and 1 other
Documentsfilings and deeds
13-05-202679 days before the deadline
2025micro format
Gross margin from -€1,687 to -€38,133Loss of €41,997Dividend €833Equity from €98,149 to €55,319Debts from €172 to €1,173Cash from €2,076 to €572
Key points
from the 2025 annual accountsLosses
-€54,231 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Position in the sector
-€41,997
Lower net result than 94% of companies in publishing. Sector median €6,257 · 822 companies.
Turnover not published (micro format)
Checked score
55
Fair
Financially stronger than 39% of micro companies in publishing (NACE 58)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,282 companies (NACE 58, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.3%▲ +0.2 percentage points vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.5%▲ +0.2 percentage points vs 05-2026highest value
07-2026: 0.5%● unchanged vs 06-2026highest value
08-2026: 0.5%● unchanged vs 07-2026highest value
09-2026: 0.5%● unchanged vs 08-2026highest value
10-2026: 0.5%● unchanged vs 09-2026highest value
11-2026: 0.5%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €41,997, the second in a row (financial year 2025)
Liquidity: current ratio 46.12, cash €572, halved
lowers risk
Sector: Publishing activities (NACE 58)
Equity €55,319 (97.9% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 58, micro). It does better than 87% of them on solvency, 44% on liquidity, 8% on profitability and 16% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,805 companies had the same profile as DIGITAL ASSOCIATES has now. Each dot stands for 13 companies, two years later.
88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DIGITAL ASSOCIATES itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 4,805 companies, not a prediction for DIGITAL ASSOCIATES. 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.
Credit verdict
Credit of up to €3,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 46.12, above the usual 1.5. Short-term debt is 2.1% and cash 1% of total assets. 2.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€41,997
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 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 days early
2024
125 days early
2023
89 days early
2022
39 days early
2021
5 days late
2020
71 days early
2019
49 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 64 days before the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% 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 13 May (4 of the last 5 accounts filed within 46 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0899720332
Legal-form change · Resignations & appointments
“texte repris dans statuts ci-dessous” (deed in French) · General meeting of 23-09-2022 · Gazette deed
Appointment: Denise Vignier (manager)
General meeting of 02-07-2018 · Gazette deed
First establishment
Lombardsijdestraat 217, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DIGITAL ASSOCIATES Brussels | €56,492 | -€38,133 | 97.9% | - |
| DIGITAL MONITORING SYSTEMS Bilzen-Hoeselt | €52,591 | -€903 | -1666.8% | - |
| BullGuard Benelux Antwerp | €61,593 | €36 | 87.0% | - |
| IMUSTBE Verviers | €54,890 | -€116 | 95.0% | - |
| MABLABO Etterbeek | €74,282 | -€5,176 | -50.9% | - |
| Strongly Typed Solutions Zele | €64,341 | -€2,879 | 93.6% | - |
| PLAIN SOURCE Kraainem | €44,137 | -€523 | 92.1% | - |
These companies have the same main activity as DIGITAL ASSOCIATES: other software publishing (NACE 58290). They are comparable in size and age: total assets between €44,100 and €74,300, founded between 2003 and 2011.
Official details
Source: KBO- Status
- Active since 08-08-2008Normal situation
- Activity
- Other software publishingNACE 58290and 3 others
- Establishment unit
- 2.174.034.8681120 Brussels, since 04-11-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Annual accounts 2025
- €56,492▼ 42.5%
- Filing
- Filed on 13-05-2026, 79 days before the end of the filing period
Insights on DIGITAL ASSOCIATES
DIGITAL ASSOCIATES files the micro format. That format states no turnover. The gross margin fell from €32,049 in 2009 to -€38,133 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DIGITAL ASSOCIATES
- What is the company number of DIGITAL ASSOCIATES?
- The company number of DIGITAL ASSOCIATES is 0899.720.332. The VAT number is the same number with BE in front: BE 0899.720.332.
- Where is DIGITAL ASSOCIATES based?
- The registered office is at Lombardsijdestraat 217, 1120 Brussels.Company details
- What does DIGITAL ASSOCIATES do?
- According to the KBO register, the main activity is other software publishing (NACE 58290).
- What is the legal form of DIGITAL ASSOCIATES?
- DIGITAL ASSOCIATES is a private limited company (BV).
- When was DIGITAL ASSOCIATES founded?
- DIGITAL ASSOCIATES was founded on 08-08-2008.
- Is DIGITAL ASSOCIATES still active?
- Yes, DIGITAL ASSOCIATES is an active enterprise in the KBO register.
- What is the turnover of DIGITAL ASSOCIATES?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is DIGITAL ASSOCIATES profitable?
- In financial year 2025, DIGITAL ASSOCIATES made a loss of €41,997.
- Where can I find the annual accounts of DIGITAL ASSOCIATES?
- DIGITAL ASSOCIATES filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DIGITAL ASSOCIATES due?
- DIGITAL ASSOCIATES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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