FORCEA
ActiveFORCEA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €963k and a net result of €-1.13M. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 1397 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
61
/ 100
Healthy▲ +28 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability26▼-4
Solvency19▼-11
Growth37▼-15
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 0.76 in 2024), and 89.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
Sector 62
lower
← 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
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
10.8%
Return on assets
-12.7%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1.1M
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
8 d early
2023
21 d early
2022
17 d early
2021
11 d early
2020
4 d late
2019
19 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€8.92M▼ 7.8%
2024 · €9.67M
2018: €7.01M
2019: €8.22M
2020: €8.22M
2021: €8.90M
2022: €8.28M
2023: €9.23M
2024: €9.67M
2018 → 2025
EBIT margin
1.6%▲ 0.6pp
2024 · 1.0%
2018: -8.8%
2019: 10.6%
2020: 10.6%
2021: 14.1%
2022: 2.8%
2023: 5.1%
2024: 1.0%
2018 → 2025
Net result
€-1.13M▲ 0.9%
2024 · €-1.14M
2018: €-644k
2019: €609k
2020: €609k
2021: €911k
2022: €44k
2023: €147k
2024: €-1.14M
2018 → 2025
Working capital
€245k
2024 · €-942k
2018: €2.57M
2019: €2.55M
2020: €2.31M
2021: €2.44M
2022: €-445k
2023: €-254k
2024: €-942k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€8.90M-€8.28M▼ 6.9%€9.23M▲ 11.5%€9.67M▲ 4.7%€8.92M▼ 7.8%
Equity€3.04M-€3.08M▲ 1.5%€3.23M▲ 4.8%€2.09M▼ 35.3%€963k▼ 54.0%
Operating result€1.25M-€235k▼ 81.2%€467k▲ 99.0%€99k▼ 78.8%€142k▲ 43.4%
Net result€911k-€44k▼ 95.1%€147k▲ 232%€-1.14M€-1.13M▲ 0.9%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 43% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.89M
Fixed assets
€3.31M▼ 41.7%
Current assets
€5.58M▲ 90.1%
Equity and liabilities €8.89M
Equity
€963k▼ 54.0%
Debt
€7.93M▲ 21.5%
The debt ratio rises from 75.7% to 89.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€1.41M▼
2024 · €1.73M
Cash flow
€137k▼
2024 · €490k
Solvency
10.8%▼
2024 · 24.3%
Current ratio
1.05▲
2024 · 0.76
Quick ratio
1.05▲
2024 · 0.76
Debt / equity
8.23▲
2024 · 3.12
ROE
-117.2%▼
2024 · -54.5%
ROA
-12.7%▲
2024 · -13.2%
Interest coverage
10.08▲
2024 · 8.44
Debt
€7.93M▲
2024 · €6.53M
Debt ≤ 1 year
€5.33M▲
2024 · €3.88M
Income taxes
€8k▼
2024 · €32k
Staff costs
€6.23M▲
2024 · €5.73M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€8.62M€8.89M▲
Fixed assets21/28€5.68M€3.31M▼
Intangible fixed assets21€3.63M€2.37M▼
Tangible fixed assets22/27€18k€25k▲
Plant, machinery and equipment23€18k€22k▲
Furniture and vehicles24-€3k
Financial fixed assets28€2.03M€915k▼
Affiliated companies280/1€2.00M€888k▼
Participating interests280€2.00M€888k▼
Other financial fixed assets284/8€27k€27k=
Amounts receivable and cash guarantees285/8€27k€27k=
Current assets29/58€2.93M€5.58M▲
Amounts receivable within one year40/41€1.98M€4.08M▲
Trade receivables40€1.69M€1.67M▼
Other amounts receivable41€286k€2.41M▲
Current investments50/53€323k€323k=
Own shares50€323k€323k=
Deferred charges and accrued income490/1€635k€1.17M▲
Equity and liabilities
Total equity and liabilities10/49€8.62M€8.89M▲
Equity10/15€2.09M€963k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€427k€427k=
Non-distributable reserves130/1€329k€329k=
Legal reserve130€6k€6k=
Own shares acquired1312€323k€323k=
Distributable reserves133€98k€98k=
Profit (loss) carried forward14€1.60M€475k▼
Amounts payable17/49€6.53M€7.93M▲
Amounts payable within one year42/48€3.88M€5.33M▲
Financial debts43€1.76M€2.90M▲
Credit institutions430/8€1.76M€2.90M▲
Trade debts44€1.02M€1.03M▲
Suppliers440/4€1.02M€1.03M▲
Taxes, remuneration and social security45€1.10M€1.40M▲
Taxes450/3€176k€203k▲
Remuneration and social security454/9€926k€1.20M▲
Other amounts payable47/48-€380
Accrued charges and deferred income492/3€2.65M€2.60M▼
Income statement
Code20242025
Operating income70/76A€12.06M€11.39M▼
Turnover70€9.67M€8.92M▼
Own construction capitalised72€1.67M-
Other operating income74€725k€2.47M▲
Operating charges60/66A€11.96M€11.24M▼
Goods for resale, raw materials and consumables60€982k€946k▼
Purchases600/8€982k€946k▼
Services and other goods61€3.61M€2.80M▼
Remuneration, social security and pensions62€5.73M€6.23M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.63M€1.27M▼
Other operating charges640/8€969€998▲
Operating profit (loss)9901€99k€142k▲
Financial income75/76B€200k€1k▼
Recurring financial income75€200k€1k▼
Income from financial fixed assets750€200k-
Other financial income752/9€256€1k▲
Financial charges65/66B€1.41M€1.26M▼
Recurring financial charges65€207k€150k▼
Debt charges650€205k€140k▼
Other financial charges652/9€2k€10k▲
Non-recurring financial charges66B€1.20M€1.11M▼
Profit (loss) for the period before taxes9903€-1.11M€-1.12M▼
Income taxes67/77€32k€8k▼
Taxes670/3€32k€8k▼
Profit (loss) for the period9904€-1.14M€-1.13M▲
Profit (loss) for the period to be appropriated9905€-1.14M€-1.13M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.61M€475k▼
Profit (loss) brought forward from the previous period14P€2.75M€1.60M▼
Transfer to equity691/2€6k-
To the legal reserve6920€6k-
Social balance
Average headcount (FTE)908744.746.1▲
The notes to these accounts (43 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-09
State Gazette act
General meeting · Director reappointmentGeneral meeting · Director reappointment · Mandate compensation6 facts ▸
State Gazette act
General meeting · Director reappointment
General meeting · Director reappointment · Mandate compensation6 facts ▸
- General meeting, 2026-07-10
- Director reappointment, Patrick Van Dooren (bestuurder)
- Mandate compensation, Patrick Van Dooren
- Auditor reappointment, commissaris, drie boekjaren; zijnde 2026, 2027, 2028
- Permanent representative, Peter Lenoir
- Mandate compensation, Forvis Mazars Bedrijfsrevisoren BV
23-07
State Gazette act
Purpose · RestructuringGeneral meeting · Merger · Accounting effect4 facts ▸
State Gazette act
Purpose · Restructuring
General meeting · Merger · Accounting effect4 facts ▸
- General meeting, 2026-06-30
- Merger, verrichting gelijkgesteld met fusie door overneming, 2026-06-30
- Accounting effect, 2026-01-01
- Purpose change, Uitbreiding van het voorwerp teneinde de activiteiten van de Overgenomen Vennootschap te incorporeren
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-1.14M ▼874%
Net result drops to €-1.14M, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €911k ▲49.6%
Operating result €1.25M, net result €911k, both a record.
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 4 days late
2020
31-12
Financial
Equity above €2MEq €2.13M ▲16.9%
2 profitable years in a row build equity to €2.13M.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 19 days late
2019
31-12
Financial
Back to profitnet €609k
Net result €609k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Patrick Van Dooren
CurrentDirector · since 10-07-2026
10-07-2026
Mandate renewed as Director
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Da Vincilaan 71930 ZaventemGround area
6,456 m²
Building footprint
1,500 m²
Volume, LiDAR
40,654 m³
Parcel 23094D0081/00D003, Flanders · tallest building 34.9 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
FORCEA NV
since 20062.157.096.886
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0081/00D003 | Flanders | 6,456 m² | 1 · 1,500 m² | 34.9 m · 10 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| Forvis Mazars Réviseurs d’EntreprisesCurrent Statutory auditor · represented by Peter Lenoir | 01-01-2026 → present |
Structure & network
Acquisitions and mergers
1 transactionTook over:Omni Care Consult
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,185 EUR awarded · 2,185 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,185 EUR | 2,185 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
549300XULVTARCGJ1E12
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Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 4,164 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-09-2006
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
62900Other information technology and computer services
72600
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:ww.forcea.be
E-mail:info@forcea.be