DIGITAL ASSOCIATES
ActiveSummary
The annual accounts of DIGITAL ASSOCIATES for fiscal year 2025 show a net loss of 74% of total assets. The 2025 annual accounts show equity of €55k and a net result of €-42k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 95% of 681 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-3
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 46.12; short-term debt: 2.1% and cash: 1% of total assets), and 2.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 58
Relative position
BE, all sectors
reference
Publishing activities (NACE 58)
about 30% 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
97.9%
Return on assets
-74.3%
Age of the figures
9 mo
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 €-42k
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 d early
2024
125 d early
2023
89 d early
2022
39 d early
2021
5 d late
2020
71 d early
2019
49 d early
← 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, micro schema
Equity
€55k▼ 43.6%
2024 · €98k
Total assets
€56k▼ 42.5%
2024 · €98k
Net result
€-42k▼ 243%
2024 · €-12k
Working capital
€53k▼ 43.1%
2024 · €93k
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
Operating result€31k▼ 28.5%€23k▼ 26.4%€28k▲ 23.0%€-12k€-41k▼ 234%
Net result€24k▼ 39.0%€17k▼ 28.3%€21k▲ 25.4%€-12k€-42k▼ 243%
Equity€72k▲ 49.6%€89k▲ 23.8%€110k▲ 24.1%€98k▼ 11.1%€55k▼ 43.6%
Total assets€76k▼ 3.1%€93k▲ 23.3%€113k▲ 20.3%€98k▼ 12.6%€56k▼ 42.5%
Debt€4k▼ 87.0%€5k▲ 15.2%€2k▼ 53.0%€172▼ 91.9%€1k▲ 581%
Working capital€42k▲ 274%€67k▲ 61.4%€97k▲ 44.1%€93k▼ 4.3%€53k▼ 43.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €41k in 2025 against €12k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €56k
Fixed assets
€2k ▼ 53.3%
Current assets
€54k ▼ 41.9%
Equity and liabilities €56k
Equity
€55k ▼ 43.6%
Debt
€1k ▲ 581%
Debt's share of the balance-sheet total rises from 0.2% to 2.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-39k▼
2024 · €-2k
Cash flow
€-39k▼
2024 · €-2k
Current ratio
46.12
Debt to equity
0.02▲
2024 · 0.00
ROE
-75.9%▼
2024 · -12.5%
ROA
-74.3%▼
2024 · -12.4%
Interest coverage
-317.20▼
2024 · -18.20
Debt ≤ 1 year
€1k▲
2024 · €156
Income taxes
€587▼
2024 · €601
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €10k | €10k | €10k | €3k | ▼ 72.5% |
| Other operating charges640/8 | €348 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €41k | €33k | €39k | €-2k | €-38k | ▼ 2,161% |
| Operating profit (loss)9901 | €31k | €23k | €28k | €-12k | €-41k | ▼ 234% |
| Financial income75/76B | €334 | €546 | €599 | €872 | €86 | ▼ 90.1% |
| Recurring financial income75 | €334 | €546 | €599 | €872 | €86 | ▼ 90.1% |
| Financial charges65/66B | €131 | €140 | €114 | €114 | €121 | ▲ 6.6% |
| Recurring financial charges65 | €131 | €140 | €114 | €114 | €121 | ▲ 6.6% |
| Profit (loss) for the period before taxes9903 | €31k | €23k | €29k | €-12k | €-41k | ▼ 256% |
| Income taxes67/77 | €7k | €6k | €7k | €601 | €587 | ▼ 2.4% |
| Profit (loss) for the period9904 | €24k | €17k | €21k | €-12k | €-42k | ▼ 243% |
| Profit (loss) for the period to be appropriated9905 | €24k | €17k | €21k | €-12k | €-42k | ▼ 243% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €76k | €93k | €113k | €98k | €56k | ▼ 42.5% |
| Fixed assets21/28 | €30k | €22k | €13k | €5k | €2k | ▼ 53.3% |
| Tangible fixed assets22/27 | €30k | €21k | €13k | €5k | €2k | ▼ 59.7% |
| Furniture and vehicles24 | €30k | €21k | €13k | €5k | €2k | ▼ 59.7% |
| Financial fixed assets28 | €570 | €570 | €570 | €570 | €570 | = |
| Current assets29/58 | €45k | €72k | €99k | €93k | €54k | ▼ 41.9% |
| Amounts receivable within one year40/41 | €28k | €32k | €31k | €8k | €2k | ▼ 75.7% |
| Trade receivables40 | €5k | €9k | €7k | - | - | - |
| Other amounts receivable41 | €23k | €23k | €23k | €8k | €2k | ▼ 75.7% |
| Current investments50/53 | €12k | €33k | €60k | €82k | €51k | ▼ 38.2% |
| Cash at bank and in hand54/58 | €5k | €6k | €7k | €2k | €572 | ▼ 72.4% |
| Deferred charges and accrued income490/1 | €691 | €485 | €2k | €837 | €786 | ▼ 6.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €76k | €93k | €113k | €98k | €56k | ▼ 42.5% |
| Equity10/15 | €72k | €89k | €110k | €98k | €55k | ▼ 43.6% |
| Contributions10/11 | €6k | €8k | €8k | €8k | €8k | = |
| Reserves13 | €2k | - | - | - | - | - |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Profit (loss) carried forward14 | €64k | €81k | €102k | €90k | €47k | ▼ 47.5% |
| Amounts payable17/49 | €4k | €5k | €2k | €172 | €1k | ▲ 581% |
| Amounts payable within one year42/48 | €4k | €5k | €2k | €156 | €1k | ▲ 652% |
| Financial debts43 | €2k | €1k | €467 | €68 | €157 | ▲ 132% |
| Credit institutions430/8 | €2k | €1k | €467 | €68 | €157 | ▲ 132% |
| Trade debts44 | €1k | €2k | €2k | €88 | €118 | ▲ 34.3% |
| Suppliers440/4 | €1k | €2k | €2k | €88 | €118 | ▲ 34.3% |
| Taxes, remuneration and social security45 | - | €2k | - | - | €63 | - |
| Taxes450/3 | - | €2k | - | - | €63 | - |
| Other amounts payable47/48 | €567 | - | - | - | €833 | - |
| Accrued charges and deferred income492/3 | €282 | €6 | €7 | €17 | €2 | ▼ 87.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24k | €17k | €21k | €-12k | €-42k | ▼ 243% |
| + Depreciation and write-downs630 | €9k | €10k | €10k | €10k | €3k | ▼ 72.5% |
| Operating cash flow (approximation) | €33k | €27k | €32k | €-2k | €-39k | ▼ 1,942% |
| Investment in fixed assets (approximation) | - | €-1k | €-2k | €-2k | €0 | ▲ 100% |
| Change in cash | - | €1k | €602 | €-5k | €-2k | ▲ 68.2% |
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
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 13current ratio 597.46
Current ratio from 46.64 to 597.46; short-term debt falls from €2k to €156.
03-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 46.64
Current ratio from 15.87 to 46.64; short-term debt falls from €5k to €2k.
31-12
Financial
Equity above €100kEq €110k ▲24.1%
4 profitable years in a row build equity to €110k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial
Liquidity times 9current ratio 12.42
Current ratio from 1.37 to 12.42; short-term debt falls from €30k to €4k.
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
Show earlier events
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
12-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brussel · 1 establishment unit since 2008
Ground area
621 m²
Building footprint
148 m²
Volume, LiDAR
1,482 m³
Parcel 21819C0091/00P002, Brussels · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
DIGITAL ASSOCIATES
since 20082.174.034.868
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819C0091/00P002 | Brussels | 621 m² | 1 · 148 m² | 11.4 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
6488CWM152XY7Z14G560
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Of 1,287 companies in sector 58290 we hold annual accounts for 592. 452 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
Founded08-08-2008
Fiscal year end31-12
Activities, NACEBEL 2025
58290Other software publishing
58210Publishing activities
62900Other information technology and computer services
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.