FORCEA
ActiveSummary
The annual accounts of FORCEA for financial year 2025 show a net loss of 54% of the equity at the start of that year. The 2025 annual accounts show equity of €963,311 and a net result of -€1.1m. Equity has been growing by about 5.7% per year since 2018. Its solvency ranks better than 25% of 1,683 sector peers (NACE 62, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-09-2006 Normal situation
- Registered office
- 13 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Computer programming NACE 62100and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.157.096.886 1930 Zaventem, since 02-11-2006
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- Vanthournhout ClémentDirector · since 13-07-2022
- Emmanuel VanderhaegenDirector · since 01-02-2023
- PatríckVanDoorenDirector
Shareholders
- IQVIA Solutions Belgium82%· score 83annual accounts 2025
- IQVIA Holdings Inc.consolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
Annual accounts 2025
- Turnover
- €8.9m
- ▼ 7.8%
- Loss
- €1.1m
- ▼ 0.9%
- Equity
- €963,311
- ▼ 54.0%
- Total assets
- €8.9m
- ▲ 3.2%
- Employees on 31-12-2025
- 49
- ▲ 8.9%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €1.1m, the second in a row (financial year 2025)Liquidity: current ratio 1.05Equity €963,311 (10.8% of total assets)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 28% of small companies in computer programming and consultancy (NACE 62)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency
36-13
equity 10.8% of total assets
Liquidity
38-18
short-term debt 60.0%
Profitability
63-2
return on assets -12.7%
Bankruptcy probability within 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 1.0%▲ +0.6 percentage points vs 07-2025
09-2025: 1.0%● unchanged vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.1%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.4%▲ +0.3 percentage points vs 07-2026
09-2026: 1.4%● unchanged vs 08-2026
10-2026: 1.5%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 1.5%● unchanged vs 10-2026highest value
Credit of up to €50,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.05 (0.76 in 2024), below the usual 1.5. Short-term debt is 60% of total assets. 89.2% of the assets are financed with debt and provisions.
Calculation
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, small). It does better than 18% of them on solvency, 36% on liquidity, 43% on profitability and 17% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
Credit check for an amount and term of your choice
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.
Signals
Seven signals.
lowers riskraises riskneutral
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 -€1.1m
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 1683 sector peers (2025).
NBB · sector comparisonPosition among 1683 sector peers
Solvency
better than 25%
← 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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 days early
2024
8 days early
2023
21 days early
2022
17 days early
2021
11 days early
2020
4 days late
2019
19 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 7 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.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 13-07-2026 at the NBB all 19 filings
Amounts without an identifiable currency are taken as euros.
Turnover
€8.9m▼ 7.8%
2024 · €9.7m
EBIT margin
1.6%▲ 0.6pp
2024 · 1.0%
Net result
-€1.1m▲ 0.9%
2024 · -€1.1m
Working capital
€245,038
2024 · -€942,219
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
€8.9m
▼ 7.8%
2025
20182025
Operating result
€142,094
▲ 43.4%
2025
20182025
Net result
-€1.1m
▲ 0.9%
2025
lowest quarter of the sector
20182025
EBIT margin
1.6%
▲ 0.6pp
2025
20182025
Equity
€963,311
▼ 54.0%
2025
middle half of the sector
20182025
Total assets
€8.9m
▲ 3.2%
2025
highest quarter of the sector
20182025
Debt
€7.9m
▲ 21.5%
2025
20182025
Working capital
€245,038
2025
middle half of the sector
20182025
Solvency
10.8%
▼ 13.4pp
2025
lowest quarter of the sector
20182025
Current ratio
1.05
▲ 0.29
2025
middle half of the sector
20182025
Return on assets (ROA)
-12.7%
▲ 0.5pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
46.1
▲ 3.1%
2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€7.0m-€8.2m▲ 17.4%€7.2m▼ 12.2%€8.9m▲ 23.1%€8.3m▼ 6.9%€9.2m▲ 11.5%€9.7m▲ 4.7%€8.9m▼ 7.8%
Operating result€0.1m-€0.9m▲ 489%€0.6m▼ 36.7%€1.3m▲ 127%€0.2m▼ 81.2%€0.5m▲ 99.0%€0.1m▼ 78.8%€0.1m▲ 43.4%
Net result€0.1m-€0.6m▲ 529%€0.3mabove the sector's middle half▼ 49.4%€0.9mabove the sector's middle half▲ 196%€0.04mwithin the sector's middle half▼ 95.1%€0.1mwithin the sector's middle half▲ 232%-€1.1mbelow the sector's middle half-€1.1mbelow the sector's middle half▲ 0.9%
EBIT margin2.1%-10.6%▲ 8.5pp7.6%▼ 2.9pp14.1%▲ 6.4pp2.8%▼ 11.2pp5.1%▲ 2.2pp1.0%▼ 4.0pp1.6%▲ 0.6pp
Equity€1.2m-€1.8m▲ 50.2%€2.1mabove the sector's middle half▲ 16.9%€3.0mabove the sector's middle half▲ 42.8%€3.1mabove the sector's middle half▲ 1.5%€3.2mabove the sector's middle half▲ 4.8%€2.1mabove the sector's middle half▼ 35.3%€1.0mwithin the sector's middle half▼ 54.0%
Total assets€5.9m-€5.6m▼ 3.8%€6.6mabove the sector's middle half▲ 17.7%€7.4mabove the sector's middle half▲ 12.2%€9.1mabove the sector's middle half▲ 22.1%€10.4mabove the sector's middle half▲ 14.0%€8.6mabove the sector's middle half▼ 16.9%€8.9mabove the sector's middle half▲ 3.2%
Debt€4.7m-€3.8m▼ 17.9%€4.5m▲ 18.0%€4.4m▼ 2.3%€6.0m▲ 36.3%€7.1m▲ 18.7%€6.5m▼ 8.5%€7.9m▲ 21.5%
Working capital€2.5m-€2.1m▼ 17.0%€2.3mabove the sector's middle half▲ 9.1%€2.4mabove the sector's middle half▲ 5.9%-€0.4mbelow the sector's middle half-€0.3mbelow the sector's middle half▲ 43.0%-€0.9mbelow the sector's middle half▼ 271%€0.2mwithin the sector's middle half
Solvency20.7%-32.3%▲ 11.6pp32.1%within the sector's middle half▼ 0.2pp40.8%within the sector's middle half▲ 8.7pp33.9%within the sector's middle half▼ 6.9pp31.2%within the sector's middle half▼ 2.7pp24.3%within the sector's middle half▼ 6.9pp10.8%below the sector's middle half▼ 13.4pp
Current ratio2.24-2.36▲ 0.122.25within the sector's middle half▼ 0.122.29within the sector's middle half▲ 0.040.87below the sector's middle half▼ 1.410.94below the sector's middle half▲ 0.060.76below the sector's middle half▼ 0.181.05within the sector's middle half▲ 0.29
Return on assets (ROA)1.6%-10.8%▲ 9.1pp4.6%within the sector's middle half▼ 6.2pp12.2%within the sector's middle half▲ 7.6pp0.5%within the sector's middle half▼ 11.7pp1.4%within the sector's middle half▲ 0.9pp-13.2%below the sector's middle half▼ 14.6pp-12.7%below the sector's middle half▲ 0.5pp
Staff (FTE)36.4-39.4▲ 8.2%37.1above the sector's middle half▼ 5.8%40.6above the sector's middle half▲ 9.4%45above the sector's middle half▲ 10.8%51.6above the sector's middle half▲ 14.7%44.7above the sector's middle half▼ 13.4%46.1above the sector's middle half▲ 3.1%
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 43% higher than in 2024. It is a recovery after the fall in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.9m
Fixed assets
€3.3m ▼ 41.7%
Current assets
€5.6m ▲ 90.1%
Equity and liabilities €8.9m
Equity
€963,311 ▼ 54.0%
Debt
€7.9m ▲ 21.5%
Debt's share of the balance-sheet total rises from 75.7% to 89.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.4m▼
2024 · €1.7m
Cash flow
€137,265▼
2024 · €490,255
Debt to equity
8.23▲
2024 · 3.12
ROE
-117.2%▼
2024 · -54.5%
Interest coverage
10.08▲
2024 · 8.44
Debt ≤ 1 year
€5.3m▲
2024 · €3.9m
Income taxes
€8,412▼
2024 · €31,533
Customer credit
68 days▲
2024 · 64 days
Supplier credit
396 days▲
2024 · 379 days
Staff costs
€6.2m▲
2024 · €5.7m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 43 | 53 | 51 | 45 | 49 |
| full-time | 34 | 44 | 37 | 33 | 39 |
| part-time | 9 | 9 | 14 | 12 | 10 |
| in full-time equivalents | 41.4 | 51.4 | 48.1 | 42.9 | 46.9 |
| Average over the year, in full-time equivalents | 40.6 | 45 | 51.6 | 44.7 | 46.1 |
| On a permanent contract | 43 | 53 | 51 | 45 | 49 |
| Joined | 10 | 16 | 4 | 7 | 6 |
| Left | 5 | 6 | 6 | 13 | 2 |
| Training hours | 165 | 997 | 441 | 353 | 409 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €700 | €706 | €2,451 | €18,465 | €12,823 |
| Intangible fixed assets | €1.6m | €1.4m | €1.9m | €1.7m | - |
| Financial fixed assets | - | €2.8m | €215,022 | €182,875 | - |
| Depreciation and write-downs of the year | €977,169 | €1.3m | €1.5m | €1.6m | €1.3m |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
The auditor is Forvis Mazars Réviseurs d’Entreprises.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €10,000 | €11,100 | €12,248 | €12,623 | €12,864 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2023 · 1 entry · €2,185 awarded · €2,185 paidSchemes
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €10.8m | €10.3m | €12.1m | €12.1m | €11.4m | ▼ 5.6% |
| Turnover70 | €7.0m | €8.2m | €7.2m | €8.9m | €8.3m | €9.2m | €9.7m | €8.9m | ▼ 7.8% |
| Own construction capitalised72 | - | - | - | €1.5m | €1.2m | €1.9m | €1.7m | - | - |
| Other operating income74 | - | - | - | €0.5m | €0.8m | €1.0m | €0.7m | €2.5m | ▲ 241% |
| Operating charges60/66A | - | - | - | €9.6m | €10.1m | €11.6m | €12.0m | €11.2m | ▼ 6.0% |
| Goods for resale, raw materials and consumables60 | - | - | - | €1.1m | €0.9m | €1.0m | €1.0m | €0.9m | ▼ 3.7% |
| Purchases600/8 | - | - | - | €1.1m | €0.9m | €1.0m | €1.0m | €0.9m | ▼ 3.7% |
| Services and other goods61 | - | - | - | €2.6m | €2.4m | €2.8m | €3.6m | €2.8m | ▼ 22.4% |
| Remuneration, social security and pensions62 | - | - | - | €4.9m | €5.4m | €6.3m | €5.7m | €6.2m | ▲ 8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.4m | €0.6m | €0.9m | €1.0m | €1.3m | €1.5m | €1.6m | €1.3m | ▼ 22.3% |
| Other operating charges640/8 | - | - | - | €0.001m | €0.01m | €0.002m | €0.001m | €0.001m | ▲ 3.1% |
| Operating profit (loss)9901 | €0.1m | €0.9m | €0.6m | €1.3m | €0.2m | €0.5m | €0.1m | €0.1m | ▲ 43.4% |
| Financial income75/76B | - | - | - | €0.003m | €0.009m | €0.006m | €0.2m | €0.001m | ▼ 99.3% |
| Recurring financial income75 | €0.007m | €0.004m | €0.004m | €0.003m | €0.009m | €0.006m | €0.2m | €0.001m | ▼ 99.3% |
| Income from financial fixed assets750 | - | - | - | - | - | - | €0.2m | - | - |
| Income from current assets751 | - | - | - | €0.003m | €0.006m | €0.006m | - | - | - |
| Other financial income752/9 | - | - | - | €34 | €0.003m | €105 | €256 | €0.001m | ▲ 445% |
| Financial charges65/66B | - | - | - | €0.02m | €0.05m | €0.2m | €1.4m | €1.3m | ▼ 10.2% |
| Recurring financial charges65 | €0.04m | €0.03m | €0.03m | €0.02m | €0.05m | €0.2m | €0.2m | €0.1m | ▼ 27.8% |
| Debt charges650 | €0.03m | €0.03m | €0.02m | €0.02m | €0.04m | €0.2m | €0.2m | €0.1m | ▼ 31.8% |
| Other financial charges652/9 | - | - | - | €0.001m | €0.004m | €0.002m | €0.002m | €0.01m | ▲ 329% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €1.2m | €1.1m | ▼ 7.2% |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.8m | €0.5m | €1.2m | €0.2m | €0.3m | -€1.1m | -€1.1m | ▼ 1.1% |
| Income taxes67/77 | €0.02m | €0.2m | €0.2m | €0.3m | €0.2m | €0.1m | €0.03m | €0.008m | ▼ 73.3% |
| Taxes670/3 | - | - | - | €0.3m | €0.2m | €0.1m | €0.03m | €0.008m | ▼ 73.3% |
| Profit (loss) for the period9904 | €0.1m | €0.6m | €0.3m | €0.9m | €0.04m | €0.1m | -€1.1m | -€1.1m | ▲ 0.9% |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.6m | €0.3m | €0.9m | €0.04m | €0.1m | -€1.1m | -€1.1m | ▲ 0.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5.9m | €5.6m | €6.6m | €7.4m | €9.1m | €10.4m | €8.6m | €8.9m | ▲ 3.2% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €1.3m | €2.0m | €2.5m | €3.1m | €6.0m | €6.6m | €5.7m | €3.3m | ▼ 41.7% |
| Intangible fixed assets21 | €1.3m | €2.0m | €2.5m | €3.1m | €3.2m | €3.6m | €3.6m | €2.4m | ▼ 34.7% |
| Tangible fixed assets22/27 | €0.008m | €0.004m | €0.002m | €0.002m | €0.001m | €0.003m | €0.02m | €0.03m | ▲ 37.4% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €408 | €0.002m | €0.02m | €0.02m | ▲ 20.2% |
| Furniture and vehicles24 | - | - | - | €0.001m | €0.001m | €235 | - | €0.003m | - |
| Financial fixed assets28 | - | - | - | - | €2.8m | €3.0m | €2.0m | €0.9m | ▼ 54.9% |
| Affiliated companies280/1 | - | - | - | - | €2.8m | €3.0m | €2.0m | €0.9m | ▼ 55.6% |
| Participating interests280 | - | - | - | - | €2.8m | €3.0m | €2.0m | €0.9m | ▼ 55.6% |
| Other financial fixed assets284/8 | - | - | - | - | - | - | €0.03m | €0.03m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | - | - | €0.03m | €0.03m | = |
| Current assets29/58 | €4.6m | €3.7m | €4.2m | €4.3m | €3.1m | €3.7m | €2.9m | €5.6m | ▲ 90.1% |
| Amounts receivable within one year40/41 | €2.6m | €2.3m | €1.9m | €1.9m | €2.2m | €2.6m | €2.0m | €4.1m | ▲ 106% |
| Trade receivables40 | - | - | - | €1.9m | €1.4m | €1.8m | €1.7m | €1.7m | ▼ 1.3% |
| Other amounts receivable41 | - | - | - | €0.001m | €0.8m | €0.8m | €0.3m | €2.4m | ▲ 745% |
| Current investments50/53 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Own shares50 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Cash at bank and in hand54/58 | €1.1m | €0.3m | €1.3m | €1.5m | - | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €0.6m | €0.5m | €0.8m | €0.6m | €1.2m | ▲ 84.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5.9m | €5.6m | €6.6m | €7.4m | €9.1m | €10.4m | €8.6m | €8.9m | ▲ 3.2% |
| Equity10/15 | €1.2m | €1.8m | €2.1m | €3.0m | €3.1m | €3.2m | €2.1m | €1.0m | ▼ 54.0% |
| Contributions10/11 | €0.06m | €0.06m | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Non-distributable reserves130/1 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Legal reserve130 | - | - | - | - | - | - | €0.006m | €0.006m | = |
| Own shares acquired1312 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Distributable reserves133 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Profit (loss) carried forward14 | €0.7m | €1.3m | €1.6m | €2.6m | €2.6m | €2.7m | €1.6m | €0.5m | ▼ 70.4% |
| Amounts payable17/49 | €4.7m | €3.8m | €4.5m | €4.4m | €6.0m | €7.1m | €6.5m | €7.9m | ▲ 21.5% |
| Amounts payable within one year42/48 | €2.0m | €1.5m | €1.9m | €1.9m | €3.5m | €4.0m | €3.9m | €5.3m | ▲ 37.6% |
| Financial debts43 | - | - | - | - | €1.7m | €2.2m | €1.8m | €2.9m | ▲ 65.4% |
| Credit institutions430/8 | - | - | - | - | €1.7m | €2.2m | €1.8m | €2.9m | ▲ 65.4% |
| Trade debts44 | €0.7m | €0.6m | €0.6m | €0.5m | €0.6m | €0.8m | €1.0m | €1.0m | ▲ 0.8% |
| Suppliers440/4 | - | - | - | €0.5m | €0.6m | €0.8m | €1.0m | €1.0m | ▲ 0.8% |
| Taxes, remuneration and social security45 | - | - | - | €1.4m | €1.2m | €1.1m | €1.1m | €1.4m | ▲ 27.2% |
| Taxes450/3 | - | - | - | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 15.2% |
| Remuneration and social security454/9 | - | - | - | €1.1m | €1.1m | €0.9m | €0.9m | €1.2m | ▲ 29.5% |
| Other amounts payable47/48 | - | - | - | - | - | €101 | - | €380 | - |
| Accrued charges and deferred income492/3 | - | - | - | €2.5m | €2.5m | €3.1m | €2.6m | €2.6m | ▼ 1.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.1m | €0.6m | €0.3m | €0.9m | €0.04m | €0.1m | -€1.1m | -€1.1m | ▲ 0.9% |
| + Depreciation and write-downs630 | €0.4m | €0.6m | €0.9m | €1.0m | €1.3m | €1.5m | €1.6m | €1.3m | ▼ 22.3% |
| Operating cash flow (approximation) | €0.5m | €1.2m | €1.2m | €1.9m | €1.3m | €1.7m | €0.5m | €0.1m | ▼ 72.0% |
| Investment in fixed assets (approximation) | - | -€1.3m | -€1.4m | -€1.6m | -€4.2m | -€2.1m | -€0.7m | €1.1m | - |
| Change in cash | - | -€0.7m | €1.0m | €0.2m | - | - | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 307 companies had the same profile as FORCEA has now. Two years later, 88.9% were still going and 4.9% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
88.9%
was still going
5.2%
stopped otherwise
4.9%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FORCEA itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 307 companies, not a prediction for FORCEA. 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.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 13-07-2026 | 2026-00293083 | |
| 31-12-2024 | full format | 23-07-2025 | 2025-00310650 | |
| 31-12-2023 | full format | 10-07-2024 | 2024-00234528 | |
| 31-12-2022 | full format | 14-07-2023 | 2023-00236545 | |
| 31-12-2021 | full format | 20-07-2022 | 2022-20230865 | |
| 31-12-2020 | full format | 04-08-2021 | 2021-46800247 | |
| 31-12-2019 | full format | 19-08-2020 | 2020-43900218 | |
| 31-12-2018 | full format | 09-07-2019 | 2019-30800003 | |
| 31-12-2017 | full format | 20-06-2018 | 2018-21700375 | |
| 31-12-2016 | full format | 28-08-2017 | 2017-53100186 |
Board & ownership
Directors
Directors
4 directors, last change in 2026
Board 4
Vanthournhout Clément
Current
Current
PatríckVanDooren
Current
Director · in office according to the act of 15-05-2024
Patrick Van Dooren
Current
Director · in office according to the act of 01-09-2026
Statutory auditor 1
Forvis Mazars Réviseurs d’Entreprises
Current
Statutory auditor · appointed in the act of 21-05-2024 · term of 3 financial years from 2026 · permanent representative: Peter Lenoir
Owners and capital
Shareholders
2 ownersChain of control
- IQVIA Holdings Inc.
- IQVIA AG
- IQVIA Solutions Belgium
- FORCEA
Owners 2
- IQVIA Solutions BelgiumparentEquity €17.2m Profit of €1.8m in 2025 (profit of €985,045 in 2024) Checked score 8382%
- IQVIA Holdings Inc.consolidating parentconsolidates
Own shares 18% Source own accounts 2025
Mandate history
7 people, 5 in office
- Board
- Statutory auditor
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| Vanthournhout Clément |
|
| Emmanuel Vanderhaegen |
|
| PatríckVanDooren |
|
| Patrick Van Dooren |
|
| Forvis Mazars Réviseurs d’Entreprises |
|
| Clément Vanthoumhout |
|
| Frank Swaelens |
|
Network & group
Part of the group
IQVIA HOLDINGS INC.
6 companies
Group, risk and exposure
Holdings and subsidiaries
Holdings 0
See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.
Former holdings (1)
This company merged into FORCEA on 27-07-2026.
- Sourceact 26-05-2026own accounts 2025act 28-05-2026accounts OMNI CARE CONSULT, AFGEKORT : O C C 2025act 22-09-2022Equity €888,000 Loss of €187,286 in 2025 (loss of €96,495 in 2024)100%
Acquisitions and mergers
1 transactionTook over:Omni Care Consult
Companies at the same address
12 other companies- BRAVIA Europe B.V. Branch · since 2026 1042814930
- Salve Salvete Establishment · since 2026 1010867187
- Sony Europe Limited Establishment · since 2024 1012398007
- IQVIA Cancer Research Registered office · since 2021 0763914095
- Orifarm Healthcare Registered office · since 2020 0755731948
- Sony Europe B.V. Establishment · since 2018 0707687056
- REDPHARMA Registered office · since 2010 0824819011
- SONY INTERACTIVE ENTERTAINMENT BENELUX BV Establishment · since 2005 0875059566
- IQVIA RDS & INTEGRATED SERVICES BELGIUM Registered office · since 2003 0459151577
- IM ASSOCIATES Registered office · since 1998 0464554477
Connections & network
4 current directorsThe network starts from the directors of FORCEA. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
01-09
Gazette deed
Reappointments: Patrick Van Dooren (director) and Forvis Mazars Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Peter Lenoir5 points ▸
Gazette deed
Reappointments: Patrick Van Dooren (director) and Forvis Mazars Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Peter Lenoir5 points ▸
- General meeting, 10-07-2026
- Director reappointment, Patrick Van Dooren (director)
- Permanent representative, Peter Lenoir
- Other provision, “stemming, eenparigheid van stemmen” (deed in Dutch)
- Auditor reappointment, Forvis Mazars Bedrijfsrevisoren BV (statutory auditor)
23-07
Gazette deed
Merger: FORCEA takes over OMNI CARE CONSULTPurpose change · Power of attorney7 points ▸
Gazette deed
Merger: FORCEA takes over OMNI CARE CONSULT
Purpose change · Power of attorney7 points ▸
- General meeting, 30-06-2026
- Merger, “verrichting gelijkgesteld met fusie door overneming, hele vermogen zonder uitzondering noch voorbehoud onder algemene titel” (deed in Dutch)
- Other provision, 30-06-2026
- Purpose change
- Board meeting, “Machten aan het bestuursorgaan” (deed in Dutch)
- Power of attorney, mentioned 2 times in the deed
- Other provision, “kennisname verslag inzake wijziging van het voorwerp, EERSTE BESLISSING” (deed in Dutch)
13-07
full format · 18 days before the deadline
26-05
Gazette deed
Merger proposal: FORCEA takes over Omni Care Consult BVShareholding · Accounting effect · Real estate14 points ▸
Gazette deed
Merger proposal: FORCEA takes over Omni Care Consult BV
Shareholding · Accounting effect · Real estate14 points ▸
- Merger, “met fusie door overneming gelijkgestelde verrichting, Geruisloze Fusie” (deed in Dutch)
- General meeting, “goedkeuring Geruisloze Fusie, artikel 12:50 WVV” (deed in Dutch)
- The company holds all the shares of Omni Care Consult BV
- Other provision, “vereenvoudiging juridische,financiële en administratieve structuur, IQVIA-groep” (deed in Dutch)
- Accounting effect, 01-01-2026, mentioned 2 times in the deed
- Other provision, “enige aandeelhouder geen speciale rechten, geen houders effecten andere dan aandelen, rechten bijzondere rechten en andere effecten” (deed in Dutch)
- Other provision, “bijzondere voordelen bestuursorganen, art. 12:50, tweede lid, 4° WVV” (deed in Dutch)
- Real estate, Omni Care Consult BV
- Amendment of the articles
- Other provision, “uitgifte aandelen” (deed in Dutch)
- Other provision, “wederzijdse verbintenis verwezenlijking Geruisloze Fusie, alles doen wat in macht ligt” (deed in Dutch)
- Other provision, “verzaken tussentijdse cijfers, geen tussentijdse cijfers niet meer dan drie maanden voor datum Fusievoorstel” (deed in Dutch)
- The act holds 2 more points.
2025
23-07
full format · 8 days before the deadline
2024
31-12
Financial
Weakest financial yearnet -€1.1m
The net result drops to -€1.1m, the lowest from 2018 to 2025. It recovers the following year.
10-07
full format · 21 days before the deadline
21-05
Gazette deed
Appointment: Mazars Bedrijfsrevisoren - Reviseurs D'Entreprises (statutory auditor)Permanent representative: Peter Lenoir4 points ▸
Gazette deed
Appointment: Mazars Bedrijfsrevisoren - Reviseurs D'Entreprises (statutory auditor)
Permanent representative: Peter Lenoir4 points ▸
- General meeting, 13-12-2023
- General meeting, 12-07-2023
- Auditor appointment, Mazars Bedrijfsrevisoren - Reviseurs D'Entreprises (statutory auditor)
- Permanent representative, Peter Lenoir
15-05
Gazette deed
Reappointment: PatríckVanDooren (director)3 points ▸
Gazette deed
Reappointment: PatríckVanDooren (director)
3 points ▸
- General meeting, 12-07-2023
- Director reappointment, PatríckVanDooren (director)
- Board meeting, 29-04-2024
2023
14-07
full format · 17 days before the deadline
04-05
Gazette deed
Powers of attorney: Patrick Van Dooren and Lisbeth Van Eeckhoudt4 points ▸
Gazette deed
Powers of attorney: Patrick Van Dooren and Lisbeth Van Eeckhoudt
4 points ▸
- Board meeting, 15-03-2023
- Power of attorney, Patrick Van Dooren
- Power of attorney, Lisbeth Van Eeckhoudt
- Other provision, “inwerkingtreding besluiten, onmiddellijk” (deed in Dutch)
13-02
Gazette deed
1 director appointed, 1 director resigning, 1 reappointedResignation: Frank Swaelens (director) · Appointment: Emmanuel Vanderhaegen (director) · Reappointment: Clément Vanthoumhout (director)5 points ▸
Gazette deed
1 director appointed, 1 director resigning, 1 reappointed
Resignation: Frank Swaelens (director) · Appointment: Emmanuel Vanderhaegen (director) · Reappointment: Clément Vanthoumhout (director)5 points ▸
- General meeting, 01-02-2023
- Director resignation, Frank Swaelens (director)
- Director discharge, Frank Swaelens (director)
- Director appointment, Emmanuel Vanderhaegen (director)
- Director reappointment, Clément Vanthoumhout (director)
Show earlier events
2022
20-07
full format · 11 days before the deadline
2021
31-12
Financial
Highest result from 2018 to 2025net €910,864 ▲196%
The operating result of €1.3m and the net result of €910,864 are both a record.
04-08
full format · 4 days late
2020
31-12
Financial
Equity above €2mequity €2.1m ▲16.9%
With a profit in every financial year since 2018, equity grows to €2.1m.
19-08
full format · 19 days late
2019
09-07
full format · 22 days before the deadline
2018
20-06
full format · 41 days before the deadline
2017
28-08
full format · 28 days late
2006
22-09
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
FORCEA in Dutch
Enterprise number
0883.520.342
LEI code
549300XULVTARCGJ1E12
no longer live in the LEI register
Legal form
Public limited company
Status
Active, normale toestand
Founded
12-09-2006
Entity type
Legal entity
Registered office and establishments
Registered office
Da Vincilaan 7, 1930 Zaventem, Belgium
Establishment unit
FORCEA NV, Da Vincilaan 7, 1930 Zaventem since 02-11-2006 · unit number 2.157.096.886
Website
ww.forcea.beZaventem
E-mail
info@forcea.beZaventem
Activities
NACEBEL 2025VAT activities
62100
Computer programming main activity
62900
Other information technology and computer services
Social security (RSZ) activities
62100
Computer programming main activity
Codes under NACEBEL 2008
VAT activities
62010
Computer programming, consultancy and related activities main activity
62090
Computer programming, consultancy and related activities
Social security (RSZ) activities
62010
Computer programming, consultancy and related activities main activity
Codes under NACEBEL 2003
VAT activities
72220
main activity
72600
Social security (RSZ) activities
72220
main activity
Joint committee
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 23-07-2026 (in Dutch)
“De verkoop, de (door)ontwikkeling, de verfijning, de exploitatie en de commercialisering in al haar vormen, met inbegrip van het geven van…”
14 activities
- De verkoop, de (door)ontwikkeling, de verfijning, de exploitatie en de commercialisering in al haar vormen, met inbegrip van het geven van licenties en/of alle mogelijke soorten intellectuele rechten, van informaticadiensten, netwerkdiensten en digitale diensten, alsook van eender welke dienst op het gebied van wiskunde, toegepaste wetenschappen, toegepaste statistiek, data-analyse en gegevensverwerking, met inbegrip van advies, studies en ondersteuning inzake organisatie, marktstudies, operationele strategie, kwaliteits- en efficiëntieverbetering.
- Het verlenen van advies en bijstand, en het uitvoeren van opdrachten die rechtstreeks of onrechtstreeks verbonden zijn aan de informaticasector en technologie-gedreven organisatieprojecten, waaronder (doch niet beperkt tot) analyse, ontwerp, ontwikkeling, programmatie, integratie, installatie, onderhoud en ondersteuning van software, informatiesystemen en digitale toepassingen, evenals het verlenen van systeemintegratie-diensten.
- Het kopen, verkopen, (door)ontwikkelen, verhuren, leasen, importeren, exporteren, assembleren, distribueren en in het algemeen verhandelen van hardware, software, knowhow, licenties, elektronisch materiaal en componenten bestemd voor gegevensverwerking, bedrijfsautomatisering, telecommunicatie, multimedia- en communicatietoepassingen en aanverwante domeinen.
- Alle activiteiten in verband met internet en digitale platformen, waaronder in het bijzonder het ontwerpen, opstellen, creëren, uitbaten en onderhouden van websites en webapplicaties, het ter beschikking stellen van (hosting)infrastructuur en "application services", het aanbieden van internetaansluitingen, e-commerce en alle dienstverlening aangaande het voorgaande.
- Het ontwerpen, fabriceren, plaatsen en verhandelen van communicatie-, multimedia-telecommunicatiesystemen en -toepassingen, alsook het bouwen, onderhouden en exploiteren van netwerken voor gegevens-, spraak- en multimediatransport en aanverwante datacommunicatienetwerken.
- Het verlenen van consultancy en dienstverlening in de ruimste zin, met inbegrip van (doch niet beperkt tot) advies, consultaties en hulp op het gebied van administratie, planning, organisatie, efficiëntie, toezicht, investeringen, management, marketing, productlanceringen, financiële materies, banktechnische materies, financieringstechnieken en financiële producten, strategieontwikkeling, commerciële vertegenwoordiging, alsook het uitvoeren van project- en/of interim-management.
- Het uitvoeren van managementopdrachten, het leveren en/of ter beschikking stellen van personeel, alsook het verlenen van diensten inzake selectie, rekrutering, headhunting, assessments en andere human resources activiteiten, met inbegrip van het (laten) afnemen van tests en het meten van vaardigheden, kennis, persoonlijkheid en assessmentoefeningen.
- Het organiseren, inrichten en geven van opleidingen, trainingen, seminaries, workshops, ontwikkelingsactiviteiten en publicaties, alsook het maken en verspreiden van boeken en ander opleidings- en documentatiemateriaal; het geven van presentaties en mediapresentaties.
- Het verlenen van schriftelijke en mondelinge taaldiensten, waaronder (doch niet beperkt tot) schrijven, opstellen, vertalen, verbeteren, reviseren en bewerken van teksten (zoals artikels, speeches, cursussen, literatuur, voordrachten of handleidingen), ondertitelen, copywriting, tolken, inspreken en voorlezen van teksten, presentaties, uitspraaklessen en taallessen.
- Het verrichten van onderzoeks-, studie-, audit- en analysetaken, waaronder markt- en opinieonderzoek en alle dienstverlening aangaande het voorgaande; het ter beschikking stellen van databanken.
- Het aanleggen, het oordeelkundig uitbouwen, beheren en valoriseren van een onroerend vermogen; de handel in, het beheren en valoriseren van onroerend goed en onroerende rechten, waaronder de aankoop en verkoop in volle eigendom, vruchtgebruik en/of blote eigendom, het (doen) bouwen, verbouwen, renoveren en onderhouden, het verhuren en huren, het verkavelen, prospecteren en uitbaten van onroerende goederen, alsook (waar toepasselijk) het (doen) uitbaten, beheren, aan- en verkopen van zorg- of verblijfsinfrastructuur, met uitsluiting van de activiteiten voorbehouden aan vastgoedmakelaars.
- Het aanleggen, het oordeelkundig uitbouwen, beheren en valoriseren van een roerend patrimonium, alsook het verwerven, exploiteren en vervreemden van intellectuele rechten, knowhow en aanverwante immateriële activa.
- Het nemen van belangen, hetzij door aankoop, inbreng of elke andere wijze, in alle vennootschappen, ondernemingen, samenwerkingsverbanden, beroepsverenigingen of groeperingen, bestaande of op te richten, zowel in België als in het buitenland, ongeacht hun voorwerp; het waarnemen van functies of mandaten van bestuurder, zaakvoerder, directeur, vaste vertegenwoordiger en vereffenaar in andere vennootschappen, verenigingen of instellingen.
- Het verstrekken van leningen, voorschotten, kredieten en zekerheden aan of voor derden, zowel aandeelhouders, bestuurders, schuldeisers als loutere derden, behoudens hetgeen wettelijk is voorbehouden aan financiële instellingen, en het intekenen op alle financiële instrumenten.
Invoicing and payment
VAT number
BE 0883.520.342
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
6,456 m²
Building footprint
1,500 m²
Building volume
40,654 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23094D0081/00D003 | Flanders | 6,456 m² | 1 · 1,500 m² | 34.9 m · 10 |