FORCEBIT
ActiveSummary
The annual accounts of FORCEBIT for financial year 2025 show a net loss of 140% of total assets and of 77% of the equity at the start of that year. The 2025 annual accounts show equity of €70,778 and a net result of -€243,506. Equity is shrinking by about 5.3% per year across the filed financial years. Its solvency ranks better than 43% of 244 sector peers (NACE 26, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- 0.7 FTE
- Equity
- €70,778
- Loss
- -€243,506
Why 55raises 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 €243,506, the second in a row (financial year 2025)lowers riskSector: Manufacture of computer, electronic and optical products (NACE 26)Liquidity: current ratio 38.04, cash €76,605, halvedSize: total assets €174,219Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 26, micro): better than 43% on solvency, 97% on liquidity, 10% on profitability and 8% on growth.
The bankruptcy probability was computed on 16-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 29 days before the deadline; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Amendment of the articlesCapital · Auditor report ·…
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€243,506
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result stays negative: a loss of €242,623 in 2025 against €38,413 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 26, Manufacture of computer, electronic and optical products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,226 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 87.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 3,226 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €380 | €14,079 | ▲ 3,610% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,352 | €14,076 | €14,759 | ▲ 4.9% |
| Other operating charges640/8 | €2,404 | - | - | - |
| Gross operating margin9900 | €49,174 | -€23,957 | -€213,784 | ▼ 792% |
| Operating profit (loss)9901 | €44,419 | -€38,413 | -€242,623 | ▼ 532% |
| Financial income75/76B | - | - | €1 | - |
| Recurring financial income75 | - | - | €1 | - |
| Financial charges65/66B | €322 | €1,411 | €884 | ▼ 37.4% |
| Recurring financial charges65 | €322 | €1,411 | €884 | ▼ 37.4% |
| Profit (loss) for the period before taxes9903 | €44,098 | -€39,824 | -€243,506 | ▼ 511% |
| Profit (loss) for the period9904 | €44,098 | -€39,824 | -€243,506 | ▼ 511% |
| Profit (loss) for the period to be appropriated9905 | €44,098 | -€39,824 | -€243,506 | ▼ 511% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €129,689 | €388,521 | €174,219 | ▼ 55.2% |
| Formation expenses20 | €9 | - | - | - |
| Fixed assets21/28 | €68,534 | €55,817 | €43,327 | ▼ 22.4% |
| Intangible fixed assets21 | €65,088 | €52,070 | €39,053 | ▼ 25.0% |
| Tangible fixed assets22/27 | €3,446 | €3,746 | €4,274 | ▲ 14.1% |
| Plant, machinery and equipment23 | €3,446 | €3,746 | €4,274 | ▲ 14.1% |
| Current assets29/58 | €61,146 | €332,704 | €130,892 | ▼ 60.7% |
| Stocks and contracts in progress3 | €16,219 | €13,608 | €30,092 | ▲ 121% |
| Stocks30/36 | €16,219 | €13,608 | €30,092 | ▲ 121% |
| Amounts receivable within one year40/41 | €233 | €7,047 | €14,878 | ▲ 111% |
| Trade receivables40 | - | - | €14,520 | - |
| Other amounts receivable41 | €233 | €7,047 | €358 | ▼ 94.9% |
| Cash at bank and in hand54/58 | €42,285 | €309,374 | €76,605 | ▼ 75.2% |
| Deferred charges and accrued income490/1 | €2,409 | €2,675 | €9,317 | ▲ 248% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €129,689 | €388,521 | €174,219 | ▼ 55.2% |
| Equity10/15 | €79,098 | €314,283 | €70,778 | ▼ 77.5% |
| Contributions10/11 | €35,000 | €310,010 | €310,010 | = |
| Reserves13 | €44,098 | €4,274 | - | - |
| Distributable reserves133 | €44,098 | €4,274 | - | - |
| Profit (loss) carried forward14 | - | - | -€239,232 | - |
| Amounts payable17/49 | €50,592 | €74,237 | €103,441 | ▲ 39.3% |
| Amounts payable after more than one year17 | €50,000 | €50,000 | €100,000 | ▲ 100% |
| Financial debts170/4 | - | - | €50,000 | - |
| Other amounts payable178/9 | €50,000 | €50,000 | €50,000 | = |
| Amounts payable within one year42/48 | €592 | €24,237 | €3,441 | ▼ 85.8% |
| Trade debts44 | €592 | €17,767 | €3,441 | ▼ 80.6% |
| Suppliers440/4 | €592 | €17,767 | €3,441 | ▼ 80.6% |
| Taxes, remuneration and social security45 | - | €6,471 | - | - |
| Remuneration and social security454/9 | - | €6,471 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,098 | -€39,824 | -€243,506 | ▼ 511% |
| + Depreciation and write-downs630 | €2,352 | €14,076 | €14,759 | ▲ 4.9% |
| Operating cash flow (approximation) | €46,449 | -€25,748 | -€228,747 | ▼ 788% |
| Investment in fixed assets (approximation) | - | -€1,358 | -€2,269 | ▼ 67.1% |
| Change in cash | - | €267,089 | -€232,769 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 06-03-2026 | 2026-00049546 |
| 30-09-2024 | micro format | 23-04-2025 | 2025-00073242 |
| 30-09-2023 | micro format | 05-04-2024 | 2024-00057634 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 8 entries · €283,346 awarded · €149,518 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | €1,393 | €1,393 |
| 2024 | 1 | €221,828 | €88,000 |
| 2023 | 2 | €9,000 | €34,000 |
| 2022 | 2 | €51,125 | €26,125 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- imec.istart Fund NV (BE 0672.768.937) 463 shares · €51,600.42 in kind
- VAN RIET Juha 175 shares · in cash
- BEANGELS INVESTORS CLUB (BAC) 18 239 shares · in cash
- WAELBERS Steven 359 shares · in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 16-04-2026 Capital increase · 773 new shares
- 16-04-2026 Capital increase of €107,686.63 · 773 new shares
Group and network
Connections & network
No directors read yet: 2 of 4 Gazette acts processed.
History
Acts, filings and financial milestones
16-04
Gazette deed
Amendment of the articlesCapital · Auditor report · Capital contribution21 facts ▸
- Capital (2 times)
- Other provision, 30-03-2026
- General meeting, “coördinatie statuten opmaken en ondertekenen overeenkomstig vorig besluit en neerlegging in vennootschapsdossier verzorgen”, 6 (deed in Dutch)
- General meeting, 01-04-2026
- Other provision, “afstand verslaggevingsplicht bestuursorgaan over verantwoording uitgifteprijs nieuwe aandelen voor inbreng in geld, eenparigheid van stemmen” (deed in Dutch)
- Other provision, “kennisname en goedkeuring verslagen met ontslag voorzitter van voorlezing, eenparigheid van stemmen” (deed in Dutch)
- Other provision, 12, “uitgifte nieuwe preferente aandelen als tegenprestatie voor inbrengen in geld niet evenredig aan aantal uitgegeven aandelen binnen elk soort” (deed in Dutch)
- Auditor report, “uitgifte nieuwe aandelen niet evenredig aan aantal uitgegeven aandelen binnen elke soort, geen bevinding dat boekhoudkundige en financiële gegevens in bijzonder…” (deed in Dutch)
- Other provision, “bijzonder verslag bestuursorgaan betreffende inbreng in natura met uitgifte nieuwe preferente aandelen, artikels 5:121,§1 WVV en 5:133,§1 WVV” (deed in Dutch)
- Auditor report, “inbreng in natura en uitgifte aandelen, geen bevindingen van materieel belang” (deed in Dutch)
- Other provision, “aandeelhouders, ontvangst afschrift verslagen en neerlegging met uitgifte notulen op bevoegde griffie ondernemingsrechtbank” (deed in Dutch)
- Capital contribution, €51,600.42
- +9 further facts in this act
25-09
Gazette deed
Resignation: Pieter VERMEULEN (director)Director discharge3 facts ▸
- General meeting, 03-09-2024
- Director resignation, Pieter VERMEULEN (director)
- Director discharge, Pieter VERMEULEN (bestuursmandaat)
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 16 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24483E0215/00D017 | Flanders | 316 m² | 1 · 91 m² | 9.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- FORCEBIT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, mag exploitatiezetels administratieve zetels filialen agentschappen depots in België of buitenland oprichten” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “3, voordrachtsregeling zoals bepaald in Aandeelhoudersovereenkomst” (deed in Dutch)“Ad hoc per vergadering onder zijn leden, voorzitter bestuursorgaan” (deed in Dutch)“Collegiaal bestuursorgaan, 12.1 algemene regeling” (deed in Dutch)“Iedere bestuurder, kortere termijn of zonder kennisgeving mits gemotiveerd en schriftelijke instemming alle bestuurders of alle…” (deed in Dutch)“Instructies volmachtgever,niet afwijken, eigen stem plus evenveel stemmen als volmachten” (deed in Dutch)“Tegenwoordig of geldig vertegenwoordigd, besluitvorming” (deed in Dutch)“Ondertekend door alle bestuurders,volmacht hechten,ingelast in speciaal register, notulen-eenparig schriftelijk besluit” (deed in Dutch)“Meest uitgebreide machten behoudens uitsluitend aan algemene vergadering voorbehouden handelingen, artikel 13 bevoegdheden” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vrije overdrachten,voorkooprecht,volgrechten en volgplicht, overdracht aan niet-aandeelhouder” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering kan te allen tijde beperken bij gewone meerderheid, alle machten artikel 2:87 WVV zonder bijzondere machtiging” (deed in Dutch)