DIGITAL FORCE
ActiveSummary
DIGITAL FORCE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €53k and a net result of €33k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+2
Solvency53▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.06 in 2023; short-term debt: 71.7% and cash: 52.8% of total assets), and 71.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven 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 →
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 2024Solvency, return and age of the figures
Solvency
28.2%
Return on assets
17.3%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 20780 sector peers (2024).
NBB · sector comparisonPosition among 20780 sector peers
Solvency
better than 22%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €53k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-10-2025, 83 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
83 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
26 d late
2019
34 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€53k▲ 160%
2023 · €20k
2018: €19k
2019: €39k▲ +101% vs 2018
2020: €73k▲ +86.7% vs 2019highest in 7 years
2021: €21k▼ -71.9% vs 2020
2022: €13k▼ -37.0% vs 2021lowest in 7 years
2023: €20k▲ +57.2% vs 2022
2024: €53k▲ +160% vs 2023
2018 → 2024
Total assets
€188k▼ 1.7%
2023 · €191k
2018: €24klowest in 7 years
2019: €53k▲ +123% vs 2018
2020: €94k▲ +76.0% vs 2019
2021: €108k▲ +14.3% vs 2020
2022: €90k▼ -16.7% vs 2021
2023: €191k▲ +113% vs 2022highest in 7 years
2024: €188k▼ -1.7% vs 2023
2018 → 2024
Net result
€33k▲ 13.1%
2023 · €29k
2018: €8k
2019: €20k▲ +160% vs 2018
2020: €34k▲ +65.8% vs 2019highest in 7 years
2021: €21k▼ -37.0% vs 2020
2022: €-8k▼ -136% vs 2021lowest in 7 years
2023: €29k▲ +479% vs 2022
2024: €33k▲ +13.1% vs 2023
2018 → 2024
Working capital
€47k▲ 337%
2023 · €11k
2018: €18k
2019: €38k▲ +112% vs 2018
2020: €62k▲ +64.2% vs 2019highest in 7 years
2021: €12k▼ -80.9% vs 2020
2022: €-1k▼ -112% vs 2021lowest in 7 years
2023: €11k▲ +860% vs 2022
2024: €47k▲ +337% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€73k-€21k▼ 71.9%€13k▼ 37.0%€20k▲ 57.2%€53k▲ 160%
2020: €73khighest in 5 years
2021: €21k▼ -71.9% vs 2020
2022: €13k▼ -37.0% vs 2021lowest in 5 years
2023: €20k▲ +57.2% vs 2022
2024: €53k▲ +160% vs 2023
Operating result€43k-€28k▼ 35.7%€-7k€37k€43k▲ 17.7%
2020: €43k
2021: €28k▼ -35.7% vs 2020
2022: €-7k▼ -126% vs 2021lowest in 5 years
2023: €37k▲ +612% vs 2022
2024: €43k▲ +17.7% vs 2023highest in 5 years
Net result€34k-€21k▼ 37.0%€-8k€29k€33k▲ 13.1%
2020: €34khighest in 5 years
2021: €21k▼ -37.0% vs 2020
2022: €-8k▼ -136% vs 2021lowest in 5 years
2023: €29k▲ +479% vs 2022
2024: €33k▲ +13.1% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 18% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €188k
Fixed assets
€6k ▼ 37.6%
Current assets
€182k ▲ 0.2%
Equity and liabilities €188k
Equity
€53k ▲ 160%
Debt
€135k ▼ 20.9%
Debt's share of the balance-sheet total falls from 89.3% to 71.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€47k▲
2023 · €42k
Cash flow
€36k▲
2023 · €34k
Current ratio
1.35▲
2023 · 1.06
Debt to equity
2.55▼
2023 · 8.39
ROE
61.5%▼
2023 · 141.4%
ROA
17.3%▲
2023 · 15.1%
Interest coverage
55.91▼
2023 · 71.07
Debt ≤ 1 year
€135k▼
2023 · €171k
Income taxes
€10k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€191k€188k▼
Fixed assets21/28€10k€6k▼
Tangible fixed assets22/27€10k€6k▼
Furniture and vehicles24€8k€5k▼
Other tangible fixed assets26€2k€1k▼
Current assets29/58€181k€182k▲
Amounts receivable within one year40/41€122k€82k▼
Trade receivables40€117k€81k▼
Other amounts receivable41€5k€680▼
Cash at bank and in hand54/58€59k€99k▲
Deferred charges and accrued income490/1€843€877▲
Equity and liabilities
Total equity and liabilities10/49€191k€188k▼
Equity10/15€20k€53k▲
Contributions10/11€19k€19k=
Reserves13€2k€32k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€30k
Profit (loss) carried forward14-€3k
Amounts payable17/49€171k€135k▼
Amounts payable within one year42/48€171k€135k▼
Trade debts44€88k€86k▼
Suppliers440/4€88k€86k▼
Taxes, remuneration and social security45€16k€12k▼
Taxes450/3€16k€12k▼
Other amounts payable47/48€67k€36k▼
Accrued charges and deferred income492/3€64€286▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€43k€48k▲
Operating profit (loss)9901€37k€43k▲
Financial charges65/66B€584€836▲
Recurring financial charges65€584€836▲
Profit (loss) for the period before taxes9903€36k€42k▲
Income taxes67/77€7k€10k▲
Profit (loss) for the period9904€29k€33k▲
Profit (loss) for the period to be appropriated9905€29k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€33k▲
Profit (loss) brought forward from the previous period14P€-7k€0▲
Transfer to equity691/2-€30k
To other reserves6921-€30k
Profit to be distributed694/7€21k-
Return on contributions (dividend)694€21k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €7k | €5k | €4k | ▼ 26.2% |
| Other operating charges640/8 | - | €934 | €876 | €1k | €1k | ▲ 0.1% |
| Gross operating margin9900 | €49k | €34k | €1k | €43k | €48k | ▲ 12.2% |
| Operating profit (loss)9901 | €43k | €28k | €-7k | €37k | €43k | ▲ 17.7% |
| Financial income75/76B | - | - | €2 | - | - | - |
| Recurring financial income75 | €1 | - | €2 | - | - | - |
| Financial charges65/66B | - | €222 | €318 | €584 | €836 | ▲ 43.0% |
| Recurring financial charges65 | €215 | €222 | €318 | €584 | €836 | ▲ 43.0% |
| Profit (loss) for the period before taxes9903 | €43k | €27k | €-7k | €36k | €42k | ▲ 17.3% |
| Income taxes67/77 | €9k | €6k | €112 | €7k | €10k | ▲ 33.5% |
| Profit (loss) for the period9904 | €34k | €21k | €-8k | €29k | €33k | ▲ 13.1% |
| Profit (loss) for the period to be appropriated9905 | €34k | €21k | €-8k | €29k | €33k | ▲ 13.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €94k | €108k | €90k | €191k | €188k | ▼ 1.7% |
| Fixed assets21/28 | €11k | €9k | €15k | €10k | €6k | ▼ 37.6% |
| Tangible fixed assets22/27 | €11k | €9k | €15k | €10k | €6k | ▼ 37.6% |
| Furniture and vehicles24 | - | €9k | €12k | €8k | €5k | ▼ 38.6% |
| Other tangible fixed assets26 | - | - | €2k | €2k | €1k | ▼ 32.5% |
| Current assets29/58 | €83k | €99k | €75k | €181k | €182k | ▲ 0.2% |
| Amounts receivable within one year40/41 | €26k | €27k | €47k | €122k | €82k | ▼ 32.9% |
| Trade receivables40 | - | €23k | €42k | €117k | €81k | ▼ 30.7% |
| Other amounts receivable41 | - | €4k | €5k | €5k | €680 | ▼ 86.1% |
| Cash at bank and in hand54/58 | €55k | €70k | €26k | €59k | €99k | ▲ 69.2% |
| Deferred charges and accrued income490/1 | - | €1k | €2k | €843 | €877 | ▲ 4.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €94k | €108k | €90k | €191k | €188k | ▼ 1.7% |
| Equity10/15 | €73k | €21k | €13k | €20k | €53k | ▲ 160% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €32k | ▲ 1,713% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | - | - | - | €30k | - |
| Profit (loss) carried forward14 | €59k | €180 | €-7k | - | €3k | - |
| Amounts payable17/49 | €21k | €87k | €77k | €171k | €135k | ▼ 20.9% |
| Amounts payable within one year42/48 | €21k | €87k | €77k | €171k | €135k | ▼ 21.1% |
| Trade debts44 | €1k | €2k | €26k | €88k | €86k | ▼ 1.9% |
| Suppliers440/4 | - | €2k | €26k | €88k | €86k | ▼ 1.9% |
| Taxes, remuneration and social security45 | - | €5k | €11k | €16k | €12k | ▼ 21.2% |
| Taxes450/3 | - | €5k | €11k | €16k | €12k | ▼ 21.2% |
| Other amounts payable47/48 | - | €80k | €40k | €67k | €36k | ▼ 46.0% |
| Accrued charges and deferred income492/3 | - | €57 | €145 | €64 | €286 | ▲ 348% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34k | €21k | €-8k | €29k | €33k | ▲ 13.1% |
| + Depreciation and write-downs630 | €4k | €5k | €7k | €5k | €4k | ▼ 26.2% |
| Operating cash flow (approximation) | €38k | €27k | €-141 | €34k | €36k | ▲ 7.4% |
| Investment in fixed assets (approximation) | - | €-3k | €-13k | €0 | €0 | - |
| Change in cash | - | €15k | €-44k | €33k | €41k | ▲ 24.2% |
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
2025
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 83 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Highest result since 2018net €34k ▲65.8%
Net result €34k, the highest in the series.
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Liège · 1 establishment unit since 2018
Ground area
188 m²
Building footprint
60 m²
Volume, LiDAR
825 m³
Parcel 62810C0264/00F002, Wallonia · tallest building 15.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
DIGITAL FORCE
since 20182.272.066.632
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62810C0264/00F002 | Wallonia | 188 m² | 1 · 60 m² | 15.2 m · 5 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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,325 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 (pre-2019)
Founded23-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.