Equity
Equity fell by 79% in 3 years.
Equity fell by 79% in 3 years.
The result fell in 2025: branch of activity transferred to BASILICUM.
The abbreviated format states no turnover.
Of this, €265,556 falls due within a year.
Short-term debts fell from €686,354 to €265,556.
The last five annual accounts were filed 89 to 128 days before the end of the period.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro). It does better than 21% of them on solvency, 61% on liquidity, 39% on profitability and 47% on growth.
The bankruptcy probability was computed on 08-11-2026 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 30-09-2025.
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).
In July 2024, 3,818 companies had the same profile as DIGITALMIND has now. Each dot stands for 10 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DIGITALMIND itself: 0.1% within 12 months.
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 3,818 companies, not a prediction for DIGITALMIND. 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.
Liquidity is ample, with a current ratio of 2.1 (1.22 in 2024), above the usual 1.5. Short-term debt is 46.1% and cash 62.6% of total assets. However, 82.3% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 99 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| DIGITALMIND Poperinge | €576,447 | €438,937 | 17.7% | 6.7 |
| IDCREATION Wevelgem | €599,726 | €423,610 | 54.1% | 7.6 |
| BRAINSOLUTIONS Hove | €622,172 | €425,832 | 60.2% | 6.9 |
| Open Eye Information and Communication Technology Kampenhout | €602,003 | €505,716 | 27.8% | 6.4 |
| I.G. SOFT Liège | €533,149 | €514,463 | 46.6% | 6.2 |
| ENCIMA Torhout | €568,288 | €714,678 | 12.1% | 8.3 |
| DELTA SOLUTIONS Waregem | €550,194 | €365,016 | 6.7% | 4 |
These companies have the same main activity as DIGITALMIND: computer programming (NACE 62100). They are comparable in size and age: total assets between €533,000 and €622,000, founded between 1997 and 2005.
DIGITALMIND files the abbreviated format. That format states no turnover. The gross margin rose from €236,643 in 2007 to €438,937 in 2025.
The balance sheet grew most from 2017 to 2018 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.