Digital Payroll Services
ActiveSummary
Digital Payroll Services has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €301,387 and a net result of €611,493. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 20% of 220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▲+2
Solvency32▼-1
Growth78▼-7
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.09 in 2024; short-term debt: 92.2% and cash: 28.4% of total assets), and 93.3% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.7%
Return on assets
13.7%
Age of the figures
9 mo
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Employment activities (NACE 78)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 220 sector peers (2025).
NBB · sector comparisonPosition among 220 sector peers
Solvency
better than 20%
← weakest
strongest →
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
14 d early
2023
57 d early
2022
41 d early
2021
17 d early
2020
22 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#3 employer in East Flanders, Administrative and support services sector#7 fastest grower in East Flanders, Employment activities sector#8 company by total assets in East Flanders, Employment activities sector
Turnover
€31.2m▼ 13.3%
2024 · €36.0m
EBIT margin
2.4%▲ 0.6pp
2024 · 1.8%
Net result
€611,493▲ 29.9%
2024 · €470,788
Working capital
€269,573▼ 11.2%
2024 · €303,632
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
Turnover€18.6m€24.1m▲ 29.8%€35.4m▲ 46.9%€36.0m▲ 1.7%€31.2m▼ 13.3%
Operating result€902,266▲ 8.4%€683,764▼ 24.2%€880,339▲ 28.7%€648,491▼ 26.3%€748,389▲ 15.4%
Net result€838,780▲ 12.7%€612,823▼ 26.9%€806,398▲ 31.6%€470,788▼ 41.6%€611,493▲ 29.9%
EBIT margin4.9%2.8%▼ 2.0pp2.5%▼ 0.4pp1.8%▼ 0.7pp2.4%▲ 0.6pp
Equity€218,472▲ 21.6%€221,295▲ 1.3%€222,693▲ 0.6%€289,894▲ 30.2%€301,387▲ 4.0%
Total assets€3.0m▲ 0.4%€3.9m▲ 30.6%€4.8m▲ 22.2%€3.8m▼ 20.3%€4.5m▲ 18.1%
Debt€2.8m▼ 0.9%€3.7m▲ 33.0%€4.5m▲ 23.5%€3.5m▼ 22.7%€4.2m▲ 19.3%
Working capital€294,670▲ 138%€238,499▼ 19.1%€254,251▲ 6.6%€303,632▲ 19.4%€269,573▼ 11.2%
Staff (FTE)286.3▲ 13.9%428.7▲ 49.7%702.6▲ 63.9%777.5▲ 10.7%609.5▼ 21.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.5m
Fixed assets
€77,834 ▲ 141%
Current assets
€4.4m ▲ 17.1%
Equity and liabilities €4.5m
Equity
€301,387 ▲ 4.0%
Debt
€4.2m ▲ 19.3%
Debt's share of the balance-sheet total rises from 92.4% to 93.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€762,795▲
2024 · €661,606
Cash flow
€625,899▲
2024 · €483,903
Current ratio
1.07▼
2024 · 1.09
Debt to equity
13.85▲
2024 · 12.07
ROE
202.9%▲
2024 · 162.4%
ROA
13.7%▲
2024 · 12.4%
Interest coverage
653.64▼
2024 · 683.48
Debt ≤ 1 year
€4.1m▲
2024 · €3.5m
Income taxes
€125,099▼
2024 · €186,026
Staff costs
€28.3m▼
2024 · €32.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,921 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 95% are still going.
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
- without size
1.2%
went bankrupt
3.2%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,921 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €19.4m | €25.0m | €36.5m | €36.9m | €32.4m | ▼ 12.2% |
| Turnover70 | €18.6m | €24.1m | €35.4m | €36.0m | €31.2m | ▼ 13.3% |
| Other operating income74 | €807,828 | €893,078 | €1.1m | €912,428 | €1.2m | ▲ 29.1% |
| Operating charges60/66A | €18.5m | €24.3m | €35.6m | €36.3m | €31.6m | ▼ 12.7% |
| Services and other goods61 | €1.3m | €2.7m | €4.0m | €3.8m | €3.3m | ▼ 14.6% |
| Remuneration, social security and pensions62 | €17.0m | €21.6m | €31.5m | €32.3m | €28.3m | ▼ 12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,557 | €15,625 | €15,538 | €13,115 | €14,406 | ▲ 9.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €163,362 | €41,571 | €4,646 | €40,377 | €20,410 | ▼ 49.5% |
| Other operating charges640/8 | €3,981 | €10,501 | €710 | €28,151 | €43,539 | ▲ 54.7% |
| Non-recurring operating charges66A | - | - | - | €15,850 | €410 | ▼ 97.4% |
| Operating profit (loss)9901 | €902,266 | €683,764 | €880,339 | €648,491 | €748,389 | ▲ 15.4% |
| Financial income75/76B | €4,214 | €7,038 | €42,761 | €25,166 | €3,423 | ▼ 86.4% |
| Recurring financial income75 | €4,214 | €7,038 | €42,761 | €24,737 | €3,423 | ▼ 86.2% |
| Income from current assets751 | €4,099 | €7,003 | €42,679 | €24,331 | €3,405 | ▼ 86.0% |
| Other financial income752/9 | €115 | €35 | €82 | €406 | €18 | ▼ 95.6% |
| Non-recurring financial income76B | - | - | - | €429 | - | - |
| Financial charges65/66B | €15,869 | €11,115 | €10,260 | €16,843 | €15,220 | ▼ 9.6% |
| Recurring financial charges65 | €15,869 | €11,115 | €10,260 | €16,843 | €15,220 | ▼ 9.6% |
| Debt charges650 | €11,303 | €5,550 | €511 | €968 | €1,167 | ▲ 20.6% |
| Other financial charges652/9 | €4,566 | €5,565 | €9,749 | €15,875 | €14,053 | ▼ 11.5% |
| Profit (loss) for the period before taxes9903 | €890,611 | €679,687 | €912,840 | €656,814 | €736,592 | ▲ 12.1% |
| Income taxes67/77 | €51,831 | €66,864 | €106,442 | €186,026 | €125,099 | ▼ 32.8% |
| Taxes670/3 | €51,831 | €66,864 | €106,442 | €186,026 | €125,099 | ▼ 32.8% |
| Profit (loss) for the period9904 | €838,780 | €612,823 | €806,398 | €470,788 | €611,493 | ▲ 29.9% |
| Profit (loss) for the period to be appropriated9905 | €838,780 | €612,823 | €806,398 | €470,788 | €611,493 | ▲ 29.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.0m | €3.9m | €4.8m | €3.8m | €4.5m | ▲ 18.1% |
| Fixed assets21/28 | €40,421 | €24,796 | €14,442 | €32,282 | €77,834 | ▲ 141% |
| Intangible fixed assets21 | €36,357 | €21,974 | €7,590 | - | - | - |
| Tangible fixed assets22/27 | €4,064 | €2,822 | €3,507 | €32,282 | €74,534 | ▲ 131% |
| Plant, machinery and equipment23 | €369 | €11 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €18,072 | €42,739 | ▲ 136% |
| Other tangible fixed assets26 | €3,695 | €2,811 | €3,507 | €14,210 | €31,795 | ▲ 124% |
| Financial fixed assets28 | - | - | €3,345 | - | €3,300 | - |
| Other financial fixed assets284/8 | - | - | €3,345 | - | €3,300 | - |
| Amounts receivable and cash guarantees285/8 | - | - | €3,345 | - | €3,300 | - |
| Current assets29/58 | €2.9m | €3.9m | €4.7m | €3.8m | €4.4m | ▲ 17.1% |
| Amounts receivable after more than one year29 | €5,000 | - | - | - | - | - |
| Other amounts receivable291 | €5,000 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €2.1m | €2.3m | €2.8m | €2.8m | €3.1m | ▲ 13.3% |
| Trade receivables40 | €2.0m | €2.2m | €2.8m | €2.5m | €3.1m | ▲ 22.3% |
| Other amounts receivable41 | €75,956 | €68,581 | - | €237,462 | €40,792 | ▼ 82.8% |
| Cash at bank and in hand54/58 | €728,159 | €1.5m | €1.9m | €976,838 | €1.3m | ▲ 30.1% |
| Deferred charges and accrued income490/1 | €92,690 | €26,667 | €27,535 | €21,325 | €3,306 | ▼ 84.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.0m | €3.9m | €4.8m | €3.8m | €4.5m | ▲ 18.1% |
| Equity10/15 | €218,472 | €221,295 | €222,693 | €289,894 | €301,387 | ▲ 4.0% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €21,150 | €21,150 | €21,150 | €5,714 | €6,150 | ▲ 7.6% |
| Non-distributable reserves130/1 | €6,150 | €6,150 | €6,150 | €5,001 | €6,150 | ▲ 23.0% |
| Legal reserve130 | €6,150 | €6,150 | €6,150 | €5,001 | €6,150 | ▲ 23.0% |
| Distributable reserves133 | €15,000 | €15,000 | €15,000 | €713 | - | - |
| Profit (loss) carried forward14 | €135,822 | €138,645 | €140,043 | €222,680 | €233,737 | ▲ 5.0% |
| Amounts payable17/49 | €2.8m | €3.7m | €4.5m | €3.5m | €4.2m | ▲ 19.3% |
| Amounts payable within one year42/48 | €2.6m | €3.6m | €4.5m | €3.5m | €4.1m | ▲ 19.6% |
| Financial debts43 | €297,893 | €167,089 | - | - | - | - |
| Credit institutions430/8 | €297,893 | €167,089 | - | - | - | - |
| Trade debts44 | €255,338 | €1.5m | €2.0m | €2.0m | €1.5m | ▼ 23.2% |
| Suppliers440/4 | €255,338 | €1.5m | €2.0m | €2.0m | €1.5m | ▼ 23.2% |
| Advances received on contracts in progress46 | €5,084 | €4,039 | €3,039 | €3,039 | - | - |
| Taxes, remuneration and social security45 | €1.3m | €1.4m | €1.7m | €934,919 | €2.0m | ▲ 115% |
| Taxes450/3 | €366,099 | €319,902 | €519,843 | €238,338 | €433,426 | ▲ 81.9% |
| Remuneration and social security454/9 | €918,224 | €1.1m | €1.1m | €696,581 | €1.6m | ▲ 126% |
| Other amounts payable47/48 | €800,000 | €610,000 | €805,000 | €533,992 | €600,000 | ▲ 12.4% |
| Accrued charges and deferred income492/3 | €116,619 | €42,000 | €46,000 | €46,020 | €46,020 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €838,780 | €612,823 | €806,398 | €470,788 | €611,493 | ▲ 29.9% |
| + Depreciation and write-downs630 | €18,557 | €15,625 | €15,538 | €13,115 | €14,406 | ▲ 9.8% |
| Operating cash flow (approximation) | €857,337 | €628,448 | €821,936 | €483,903 | €625,899 | ▲ 29.3% |
| Investment in fixed assets (approximation) | - | €0 | -€5,184 | -€30,955 | -€59,958 | ▼ 93.7% |
| Change in cash | - | €797,011 | €370,407 | -€918,739 | €293,604 | ▲ 132% |
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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €838,780 ▲12.7%
Operating result €902,266, net result €838,780, both a record.
31-12
Financial
Equity above €200,000Eq €218,472 ▲21.6%
3 profitable years in a row build equity to €218,472.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150,000Eq €179,692
2 profitable years in a row build equity to €179,692.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Gent · 6 establishment units since 2019
Ground area
13.3 ha
Building footprint
6,010 m²
Volume, LiDAR
35,222 m³
6 parcels, Flanders · tallest building 22.7 m, ±4 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
6 establishment units
JF950 - Roeselare Payroll Services
since 20192.287.736.288
JF957 - Zottegem Payroll Services
since 20192.297.072.638
Hoofdzetel Digital Payroll Services
since 20242.356.050.024
DPS100
since 20252.382.784.115
DPS100
since 20252.382.784.214
DPS100
since 20252.382.784.313
6 parcels
Flanders
6
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010E0039/00M000 | Flanders | 11.8 ha | 1 · 174 m² | 20.8 m · 3 fl. |
| 24514C0173/03A000 | Flanders | 7,586 m² | 1 · 2,879 m² | 9.7 m · 2 fl. |
| 44062A0318/00F002 | Flanders | 4,552 m² | 1 · 534 m² | 4.0 m |
| 44413A0076/00A000 | Flanders | 2,268 m² | 1 · 1,729 m² | 9.1 m · 2 fl. |
| 36015A1382/00A000 | Flanders | 569 m² | 1 · 569 m² | 22.6 m · 1 fl. |
| 41081A0410/00E000 | Flanders | 127 m² | 1 · 125 m² | 14.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
6 of 6 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- B.O.E.M.M.
- Digital Payroll Services
Highest known parent: B.O.E.M.M.. The sources do not say who stands above it.
Owners 1
- B.O.E.M.M.parentSourceaccounts B.O.E.M.M. 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 7,060 EUR awarded · 7,060 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,053 EUR | 2,053 EUR |
| 2023 | 1 | 2,221 EUR | 2,221 EUR |
| 2022 | 1 | 2,786 EUR | 2,786 EUR |
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Of 1,014 companies in sector 78200 we hold annual accounts for 645. 438 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
78200Temporary employment agencies and other provision of personnel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0806902319
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.