FORCECOM
ActiveSummary
FORCECOM has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-54k) and a net result of €-3k. Equity remains stable across the filed fiscal years (±1.5% per year). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability4
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.27 against 0.28 in 2024; short-term debt: 375.3% and cash: 0.3% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-275.3%
Return on assets
-13.3%
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192122232425
2018 to 2025 · latest year €-54k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
57 d early
2023
308 d late
2022
50 d late
2021
32 d early
2019
31 d late
2018
19 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-54k▼ 5.1%
2024 · €-52k
2018: €-44khighest value
2019: €-50k▼ -13.5% vs 2018
2021: €-52k
2022: €-52k▼ -0.1% vs 2021
2023: €-52k● -0.0% vs 2022
2024: €-52k● -0.0% vs 2023
2025: €-54k▼ -5.1% vs 2024lowest value
2018 → 2025
Total assets
€20k▼ 3.6%
2024 · €20k
2018: €23khighest value
2019: €22k▼ -6.1% vs 2018
2021: €23k
2022: €23k● -0.0% vs 2021
2023: €23k● +0.0% vs 2022
2024: €20k▼ -10.0% vs 2023
2025: €20k▼ -3.6% vs 2024lowest value
2018 → 2025
Net result
€-3k▼ 5,386%
2022 · €-48
2018: €-2k
2019: €-6k▼ -160% vs 2018lowest value
2021: €-427
2022: €-48▲ +88.7% vs 2021highest value
2025: €-3k
2018 → 2025
Working capital
€-54k▼ 5.1%
2024 · €-52k
2018: €-44khighest value
2019: €-44k▼ -0.2% vs 2018
2021: €-52k
2022: €-52k▼ -0.1% vs 2021
2023: €-52k● -0.0% vs 2022
2024: €-52k● -0.0% vs 2023
2025: €-54k▼ -5.1% vs 2024lowest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-52k-€-52k▼ 0.1%€-52k=€-52k=€-54k▼ 5.1%
2021: €-52khighest in 5 years
2022: €-52k▼ -0.1% vs 2021
2023: €-52k● -0.0% vs 2022
2024: €-52k● -0.0% vs 2023
2025: €-54k▼ -5.1% vs 2024lowest in 5 years
Operating result€-348-€-3k
2021: €-348
2025: €-3k
Net result€-427-€-48▲ 88.7%€-3k
2021: €-427
2022: €-48▲ +88.7% vs 2021highest value
2025: €-3klowest value
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-3k in 2025, compared with €-348 in 2021. Comparable figures for the intervening years are unavailable.
Key figures and ratios
Solvency
-275.3%▼
2024 · -252.5%
Current ratio
0.27▼
2024 · 0.28
Debt to equity
-1.36▲
2024 · -1.40
ROA
-13.3%
Debt
€74k▲
2024 · €72k
Debt ≤ 1 year
€74k▲
2024 · €72k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 22 lines
Balance sheet
Code20242025
Assets
Total assets20/58€20k€20k▼
Current assets29/58€20k€20k▼
Amounts receivable within one year40/41€20k€20k▼
Other amounts receivable41€20k€20k▼
Cash at bank and in hand54/58€1€67▲
Equity and liabilities
Total equity and liabilities10/49€20k€20k▼
Equity10/15€-52k€-54k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-70k€-73k▼
Amounts payable17/49€72k€74k▲
Amounts payable within one year42/48€72k€74k▲
Other amounts payable47/48€72k€74k▲
Income statement
Code20242025
Other operating charges640/8-€1k
Gross operating margin9900-€-1k
Operating profit (loss)9901-€-3k
Financial charges65/66B-€61
Recurring financial charges65-€61
Profit (loss) for the period before taxes9903-€-3k
Profit (loss) for the period9904-€-3k
Profit (loss) for the period to be appropriated9905-€-3k
Appropriation of the result
Profit (loss) to be appropriated9906€-70k€-73k▼
Profit (loss) brought forward from the previous period14P€-70k€-70k=
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €348 | - | - | - | €1k | - |
| Gross operating margin9900 | - | - | - | - | €-1k | - |
| Operating profit (loss)9901 | €-348 | - | - | - | €-3k | - |
| Financial charges65/66B | €79 | €48 | - | - | €61 | - |
| Recurring financial charges65 | €79 | €48 | - | - | €61 | - |
| Profit (loss) for the period before taxes9903 | €-427 | €-48 | - | - | €-3k | - |
| Profit (loss) for the period9904 | €-427 | €-48 | - | - | €-3k | - |
| Profit (loss) for the period to be appropriated9905 | €-427 | €-48 | - | - | €-3k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €23k | €23k | €23k | €20k | €20k | ▼ 3.6% |
| Current assets29/58 | €23k | €23k | €23k | €20k | €20k | ▼ 3.6% |
| Amounts receivable within one year40/41 | €23k | €23k | €23k | €20k | €20k | ▼ 3.9% |
| Other amounts receivable41 | €23k | €23k | €23k | €20k | €20k | ▼ 3.9% |
| Cash at bank and in hand54/58 | - | - | €1 | €1 | €67 | ▲ 11,882% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €23k | €23k | €23k | €20k | €20k | ▼ 3.6% |
| Equity10/15 | €-52k | €-52k | €-52k | €-52k | €-54k | ▼ 5.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-70k | €-70k | €-70k | €-70k | €-73k | ▼ 3.7% |
| Amounts payable17/49 | €74k | €74k | €74k | €72k | €74k | ▲ 2.6% |
| Amounts payable within one year42/48 | €74k | €74k | €74k | €72k | €74k | ▲ 2.6% |
| Financial debts43 | €1 | €44 | - | - | - | - |
| Credit institutions430/8 | €1 | €44 | - | - | - | - |
| Trade debts44 | €2k | €2k | €2k | - | - | - |
| Suppliers440/4 | €2k | €2k | €2k | - | - | - |
| Other amounts payable47/48 | €72k | €72k | €72k | €72k | €74k | ▲ 2.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-427 | €-48 | - | - | €-3k | - |
| Operating cash flow (approximation) | €-427 | €-48 | - | - | €-3k | - |
| Change in cash | - | - | - | €0 | €67 | - |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 308 days late
2023
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Waasmunster · 1 establishment unit since 1989
Ground area
1,358 m²
Building footprint
252 m²
Volume, LiDAR
821 m³
Parcel 42023B0950/00H000, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Nijverheidslaan 73, 9250 Waasmunster
since 19892.042.624.515
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023B0950/00H000 | Flanders | 1,358 m² | 1 · 252 m² | 7.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded10-03-1989
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.