FrontForce
ActiveSummary
FrontForce has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €287,249 and a net result of -€216,923. Equity is shrinking by about 4.4% per year across the filed financial years. Its solvency ranks better than 27% of 1,672 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Staff
- 22.9 FTE
- Equity
- €287,249
- Loss
- -€216,923
- Parent
- Nijvest Holding S.à r.l. · 92.5%
- Richard NijkerkChair
- Something Is Happening Here bvDirector · permanent representative Dennis de Breij
Why 82raises riskLoss of €216,923, the second in a row (financial year 2025)Equity €287,249 (13.6% of total assets)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.07, cash €456,751Show the evidence
Checked score
About 3 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 62, small): better than 20% on solvency, 27% on liquidity, 9% on profitability and 10% on growth.
The bankruptcy probability was computed on 17-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Appointment: Something Is Happening Here bv…Gazette deed
- Annual accounts filedfinancial year 2025 · full…
- Resignation: Ernst Alexander Nijkerk (lid van…Appointment: Richard Nijkerk (chair and…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result stays negative: a loss of €167,419 in 2025 against €21,883 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.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: 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), Staff (FTE).
- 2025 Net result -210% on 2024. The accounts now follow the full format, last year the abbreviated format.
Peer companies
Historical observationOf the 122 companies that looked in July 2024 the way this one looks now, 6.6% went bankrupt within 24 months and 86.1% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
A further 2.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,472 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 122 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 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | €3.7m | - | €3.4m | €4.4m | - | - | - |
| Non-recurring operating income76A | - | €0.03m | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €1.6m | €1.5m | - | - | - |
| Remuneration, social security and pensions62 | - | €2.0m | €2.4m | €2.6m | €2.6m | €2.6m | ▲ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.005m | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €0.004m | €0.003m | €0.002m | -€0.01m | -€0.01m | ▲ 4.0% |
| Other operating charges640/8 | - | €0.002m | €0.002m | €0.004m | €0.003m | €0.003m | ▲ 2.4% |
| Non-recurring operating charges66A | - | - | - | €0.02m | €0.006m | €50 | ▼ 99.1% |
| Gross operating margin9900 | - | €2.2m | €2.6m | €2.9m | €2.6m | €2.5m | ▼ 5.0% |
| Operating profit (loss)9901 | €0.05m | -€0.03m | €0.04m | €0.05m | -€0.02m | -€0.2m | ▼ 665% |
| Financial income75/76B | - | €0.02m | €0.03m | €0.03m | €0.01m | €0.01m | ▼ 7.0% |
| Recurring financial income75 | €0.02m | €0.02m | €0.03m | €0.03m | €0.01m | €0.01m | ▼ 7.0% |
| Financial charges65/66B | - | €0.03m | €0.04m | €0.04m | €0.06m | €0.05m | ▼ 9.9% |
| Recurring financial charges65 | €0.04m | €0.03m | €0.04m | €0.04m | €0.06m | €0.05m | ▼ 9.9% |
| Debt charges650 | €0.03m | - | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.03m | -€0.03m | €0.04m | €0.05m | -€0.06m | -€0.2m | ▼ 219% |
| Income taxes67/77 | €0.005m | €0.005m | €0.006m | €0.03m | €0.006m | €0.01m | ▲ 112% |
| Profit (loss) for the period9904 | €0.03m | -€0.04m | €0.03m | €0.02m | -€0.07m | -€0.2m | ▼ 210% |
| Profit (loss) for the period to be appropriated9905 | €0.03m | -€0.04m | €0.03m | €0.02m | -€0.07m | -€0.2m | ▼ 210% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €2.6m | €2.4m | €3.0m | €2.2m | €2.5m | €2.1m | ▼ 15.2% |
| Fixed assets21/28 | €0.3m | €0.2m | €0.2m | €0.4m | €0.3m | €0.2m | ▼ 22.9% |
| Intangible fixed assets21 | €0.3m | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | ▼ 26.7% |
| Tangible fixed assets22/27 | €0.03m | €0.02m | €0.02m | €0.06m | €0.06m | €0.06m | ▼ 7.9% |
| Plant, machinery and equipment23 | - | €0.02m | €0.02m | €0.05m | €0.06m | €0.02m | ▼ 66.2% |
| Furniture and vehicles24 | - | €0.001m | €0.001m | €0.003m | €0.002m | €0.007m | ▲ 243% |
| Other tangible fixed assets26 | - | - | - | - | - | €0.03m | - |
| Current assets29/58 | €2.3m | €2.1m | €2.7m | €1.8m | €2.2m | €1.9m | ▼ 14.1% |
| Amounts receivable after more than one year29 | - | - | - | - | - | €0.5m | - |
| Other amounts receivable291 | - | - | - | - | - | €0.5m | - |
| Stocks and contracts in progress3 | €0.3m | €0.2m | €0.9m | €0.6m | €0.4m | €0.3m | ▼ 32.9% |
| Contracts in progress37 | - | €0.2m | €0.9m | €0.6m | €0.4m | €0.3m | ▼ 32.9% |
| Amounts receivable within one year40/41 | €1.9m | €1.5m | €1.6m | €1.2m | €1.1m | €0.6m | ▼ 44.6% |
| Trade receivables40 | - | €0.5m | €0.6m | €0.3m | €1.1m | €0.6m | ▼ 45.6% |
| Other amounts receivable41 | - | €1.0m | €1.0m | €0.9m | - | €0.01m | - |
| Current investments50/53 | - | - | - | - | €0.4m | - | - |
| Cash at bank and in hand54/58 | €8 | €0.3m | €0.2m | €0.07m | €0.3m | €0.5m | ▲ 63.9% |
| Deferred charges and accrued income490/1 | - | €0.07m | €0.03m | €0.01m | €0.05m | €0.07m | ▲ 38.0% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €2.6m | €2.4m | €3.0m | €2.2m | €2.5m | €2.1m | ▼ 15.2% |
| Equity10/15 | €0.6m | €0.5m | €0.6m | €0.6m | €0.5m | €0.3m | ▼ 43.0% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Issued capital100 | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Profit (loss) carried forward14 | -€0.4m | -€0.5m | -€0.4m | -€0.4m | -€0.5m | -€0.7m | ▼ 43.7% |
| Provisions and deferred taxes16 | €0.03m | €0.04m | €0.04m | €0.04m | €0.03m | €0.02m | ▼ 40.2% |
| Provisions for liabilities and charges160/5 | - | €0.04m | €0.04m | €0.04m | €0.03m | €0.02m | ▼ 40.2% |
| Other liabilities and charges164/5 | - | €0.04m | €0.04m | €0.04m | €0.03m | €0.02m | ▼ 40.2% |
| Amounts payable17/49 | €2.0m | €1.8m | €2.4m | €1.6m | €2.0m | €1.8m | ▼ 7.6% |
| Amounts payable within one year42/48 | €2.0m | €1.8m | €2.4m | €1.5m | €1.9m | €1.8m | ▼ 7.8% |
| Financial debts43 | - | €0.03m | - | - | - | - | - |
| Credit institutions430/8 | - | €0.03m | - | - | - | - | - |
| Trade debts44 | €0.5m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 7.9% |
| Suppliers440/4 | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 7.9% |
| Advances received on contracts in progress46 | - | €1.3m | €1.6m | €1.0m | €1.4m | €1.3m | ▼ 7.3% |
| Taxes, remuneration and social security45 | - | €0.3m | €0.6m | €0.3m | €0.3m | €0.3m | ▼ 9.9% |
| Taxes450/3 | - | €0.02m | €0.1m | €0.01m | €0.07m | €0.04m | ▼ 40.3% |
| Remuneration and social security454/9 | - | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 2.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.05m | €0.05m | €0.05m | ▼ 0.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,788 | -€36,094 | €29,879 | €22,268 | -€69,898 | -€216,923 | ▼ 210% |
| + Depreciation and write-downs630 | €131,143 | €133,708 | €113,627 | €145,974 | €110,188 | €108,454 | ▼ 1.6% |
| Operating cash flow (approximation) | €160,931 | €97,614 | €143,506 | €168,242 | €40,290 | -€108,469 | - |
| Investment in fixed assets (approximation) | - | -€20,913 | -€129,093 | -€270,638 | -€49,526 | -€38,101 | ▲ 23.1% |
| Change in cash | - | €344,508 | -€157,574 | -€121,893 | €213,553 | €178,149 | ▼ 16.6% |
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 (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 28-07-2026 | 2026-00342985 |
| 31-12-2024 | abbreviated format | 16-07-2025 | 2025-00277164 |
| 31-12-2023 | abbreviated format | 12-07-2024 | 2024-00250491 |
| 31-12-2022 | abbreviated format | 28-07-2023 | 2023-00311433 |
| 31-12-2021 | abbreviated format | 04-07-2022 | 2022-20124058 |
| 31-12-2020 | full format | 25-06-2021 | 2021-25200483 |
| 31-12-2019 | full format | 28-07-2020 | 2020-36200094 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 7 entries · €178,774 awarded · €144,336 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | €3,244 | €48,016 |
| 2024 | 1 | €0 | €45,000 |
| 2023 | 2 | €171,418 | €47,208 |
| 2022 | 1 | €4,112 | €4,112 |
Public contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.
Directors
Board 2
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| Richard Nijkerk |
|
| Something Is Happening Here bv |
|
| Ernst Alexander Nijkerk |
|
Owners and capital
Owners
3 ownersChain of control
- Nijvest Holding S.à r.l.LU
- FrontForce
Highest known parent: Nijvest Holding S.à r.l. (Luxembourg). The sources do not say who stands above it.
Owners 3
- Nijvest Holding S.à r.l.LUparentSourceown accounts 202592.5%
- Nijkerk Holding B.V.NLparentSourceLEI registerconsolidated
- Stichting Administratiekantoor Silta & FrontForce (STAK)NLSourceown accounts 20257.5%
According to the 2025 annual accounts of FrontForce and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
31-08
Gazette deed
Appointment: Something Is Happening Here bv (director)2 facts ▸
- Board meeting, 04-05-2026
- Director appointment, Something Is Happening Here bv (director)
24-06
Gazette deed
Resignation: Ernst Alexander Nijkerk (lid van het bestuur en voorzitterschap)Appointment: Richard Nijkerk (chair and director) · Power of attorney4 facts ▸
- Board meeting, 13-04-2025
- Director resignation, Ernst Alexander Nijkerk (lid van het bestuur en voorzitterschap)
- Director appointment, Richard Nijkerk (chair and director)
- Power of attorney (2 times)
29-07
Gazette deed
Reappointments: BEEHIVE BUSINESS BV, ERNST ALEXANDER NIJKERK and EY Bedrijfsrevisoren BVPermanent representative: Robert (roepnaam : Rob) Tillemans · Power of attorney9 facts ▸
- General meeting, 30-06-2025
- Director reappointment, BEEHIVE BUSINESS BV (director)
- Permanent representative, Robert (roepnaam : Rob) Tillemans
- Director reappointment, ERNST ALEXANDER NIJKERK (director)
- Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
- Director reappointment, ERNST ALEXANDER NIJKERK (chair)
- Other provision, “compensation of daily managers” (deed in Dutch)
- Power of attorney, Johan Lagae
- Power of attorney, Els Bruls
24-04
Gazette deed
Permanent representatives: Anna Van de Wiele and Kris MooreesAppointment: Willy Lyssens (day-to-day manager)7 facts ▸
- General meeting, 26-06-2023
- Other provision, “lid van het Dagelijks Bestuur, lid van het Dagelijks Bestuur” (deed in Dutch)
- Permanent representative, Anna Van de Wiele
- General meeting, 17-11-2023
- Other provision, 1, “lid van het Dagelijks Bestuur” (deed in Dutch)
- Permanent representative, Kris Moorees
- Director appointment, Willy Lyssens (day-to-day manager)
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 6 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 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0736.767.161
Recognitions · licences · registrations
Legal Entity Identifier
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 |
|---|---|---|---|---|
| 11815D0271/07S000 | Flanders | 5.5 ha | 1 · 5,388 m² | 10.4 m · 3 |
How the parcels are linked
Articles of association
- Other provisionsOther rules from the articles that fall under none of the themes above.
- 4 more provisions in the deed, see the deed of 29-07-2025
Read from the deeds: 4 provisions, deed of 29-07-2025