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GLOBAL FORCE

Active
Public limited companyfounded 199828 yrs activeWemmelse Steenweg 164, 1090 Jette, BelgiumKBO/BCE: BE 0462.881.624
Summary

The computed 12-month bankruptcy probability of GLOBAL FORCE is 1.7% (moderate). For GLOBAL FORCE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €115,451 and a net result of €0. Equity is growing by ~31.6% per year across the filed fiscal years. The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability38=
Solvency90=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 28 years 0 30 y
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 2023
Solvency, return and age of the figures
Solvency
65.3%
Return on assets
0%
Age of the figures
33 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-04-2025, 247 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
247 d late
2022
613 d late
2021
31 d late
2020
31 d late
2019
262 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 237 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

GLOBAL FORCE was incorporated on 16 March 1998.1 Total assets rose from EUR 46,106 in 2018 to EUR 176,671 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, full schema

Turnover
€0
2022 · €0
EBIT margin
Not included in this filing
Net result
€0
2022 · €0
Working capital
€115,632=
2022 · €115,632
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Turnover€0€0
Operating result-€25,764▼ 47.2%-€29,475▼ 14.4%€194,459€0▼ 100%€0
Net result-€26,591▼ 44.6%-€34,454▼ 29.6%€166,250€0▼ 100%€0
Equity-€16,345-€50,799▼ 211%€115,451€115,451=€115,451=
Total assets€185,717▲ 303%€22,498▼ 87.9%€176,671▲ 685%€176,671=€176,671=
Debt€202,061▲ 463%€73,297▼ 63.7%€61,220▼ 16.5%€61,220=€61,220=
Working capital-€18,112▲ 12.2%-€48,184▼ 166%€115,632€115,632=€115,632=
Staff (FTE)2.1▼ 16.0%
Why a figure moved sharply
  • 2022 Net result -100% on 2021. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2019: -€25,764-€25,764Net result 2019: -€26,591-€26,591Operating result 2020: -€29,475-€29,475Net result 2020: -€34,454-€34,454Operating result 2021: €194,459€194,459Net result 2021: €166,250€166,250Operating result 2022: €0€0Net result 2022: €0€0Operating result 2023: €0€0Net result 2023: €0€020192020202120222023€0€50,000€100,000€150,000€200,000Operating result 2021: €194,459€194,000Net result 2021: €166,250€166,000Operating result 2022: €0€0Net result 2022: €0€0Operating result 2023: €0€0Net result 2023: €0€0202120222023
The operating result stays at €0 in 2023, level with 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €176,671
Equity €115,451 =
Debt €61,220 =
Debt's share of the balance-sheet total stays at 34.7%.
Key figures and ratios
2023 value · change against 2022
Current ratio
2.89=
2022 · 2.89
Debt to equity
0.53=
2022 · 0.53
ROE
0.0%=
2022 · 0.0%
ROA
0.0%=
2022 · 0.0%
Debt ≤ 1 year
€61,039=
2022 · €61,039
Debt > 1 year
€181=
2022 · €181
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 35 lines
Balance sheet Code20222023
Assets
Total assets20/58€176,671€176,671=
Current assets29/58€176,671€176,671=
Amounts receivable within one year40/41€59,041€59,041=
Trade receivables40€4,842€4,842=
Other amounts receivable41€54,199€54,199=
Cash at bank and in hand54/58€117,630€117,630=
Equity and liabilities
Total equity and liabilities10/49€176,671€176,671=
Equity10/15€115,451€115,451=
Contributions10/11€111,600€111,600=
Capital10€111,600€111,600=
Issued capital100€111,600€111,600=
Reserves13€4,230€4,230=
Non-distributable reserves130/1€4,230€4,230=
Legal reserve130€4,230€4,230=
Profit (loss) carried forward14-€379-€379=
Amounts payable17/49€61,220€61,220=
Amounts payable after more than one year17€181€181=
Other amounts payable178/9€181€181=
Amounts payable within one year42/48€61,039€61,039=
Taxes, remuneration and social security45€27,183€27,183=
Taxes450/3€25,390€25,390=
Remuneration and social security454/9€1,793€1,793=
Other amounts payable47/48€33,856€33,856=
Income statement Code20222023
Turnover70€0€0=
Non-recurring operating income76A€0-
Gross operating margin9900€0€0=
Operating profit (loss)9901€0€0=
Financial charges65/66B€0-
Recurring financial charges65€0-
Profit (loss) for the period before taxes9903€0€0=
Profit (loss) for the period9904€0€0=
Profit (loss) for the period to be appropriated9905€0€0=
Appropriation of the result
Profit (loss) to be appropriated9906€0€0=
Profit to be distributed694/7€379€379=
Return on contributions (dividend)694€379€379=

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Turnover70---€0€0-
Non-recurring operating income76A---€0--
Remuneration, social security and pensions62---€1,644---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,673€6,917----
Gross operating margin9900€63,786€17,222€192,815€0€0-
Operating profit (loss)9901-€25,764-€29,475€194,459€0€0-
Financial charges65/66B--€2,761€0--
Recurring financial charges65€466€1,206€2,691€0--
Non-recurring financial charges66B--€70---
Profit (loss) for the period before taxes9903-€26,396-€34,454€191,699€0€0-
Income taxes67/77€195-€25,449---
Profit (loss) for the period9904-€26,591-€34,454€166,250€0€0-
Profit (loss) for the period to be appropriated9905-€26,591-€34,454€166,250€0€0-
Line20192020202120222023Change
Assets
Total assets20/58€185,717€22,498€176,671€176,671€176,671=
Fixed assets21/28€22,014€17,195----
Tangible fixed assets22/27€20,190€15,371----
Financial fixed assets28€1,824€1,824----
Current assets29/58€163,702€5,303€176,671€176,671€176,671=
Stocks and contracts in progress3€849-----
Amounts receivable within one year40/41€16,246€2,974€59,041€59,041€59,041=
Trade receivables40--€4,842€4,842€4,842=
Other amounts receivable41--€54,199€54,199€54,199=
Cash at bank and in hand54/58€5,670€2,329€117,630€117,630€117,630=
Equity and liabilities
Total equity and liabilities10/49€185,717€22,498€176,671€176,671€176,671=
Equity10/15-€16,345-€50,799€115,451€115,451€115,451=
Contributions10/11€111,600€111,600€111,600€111,600€111,600=
Capital10--€111,600€111,600€111,600=
Issued capital100--€111,600€111,600€111,600=
Reserves13€4,230€4,230€4,230€4,230€4,230=
Non-distributable reserves130/1--€4,230€4,230€4,230=
Legal reserve130--€4,230€4,230€4,230=
Profit (loss) carried forward14-€132,175-€166,629-€379-€379-€379=
Amounts payable17/49€202,061€73,297€61,220€61,220€61,220=
Amounts payable after more than one year17€14,181€14,181€181€181€181=
Other amounts payable178/9--€181€181€181=
Amounts payable within one year42/48€181,814€53,487€61,039€61,039€61,039=
Trade debts44€7,373€11,196----
Taxes, remuneration and social security45--€27,183€27,183€27,183=
Taxes450/3--€25,390€25,390€25,390=
Remuneration and social security454/9--€1,793€1,793€1,793=
Other amounts payable47/48--€33,856€33,856€33,856=
Line20192020202120222023Change
Profit (loss) for the period9904-€26,591-€34,454€166,250€0€0-
+ Depreciation and write-downs630€9,673€6,917----
Operating cash flow (approximation)-€16,918-€27,537€166,250€0€0-
Investment in fixed assets (approximation)--€2,097----
Change in cash--€3,341€115,301-€0€0▲ 100%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
04-04
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 247 days late
04-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 613 days late
13-03
Bankruptcy Judicial dissolution and immediate closure
Ondernemingsrechtbank Brussel · event 07-03-2025
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Back to profitnet €166,250
Net result €166,250 after 3 loss-making years.
31-12
Financial Liquidity times 29current ratio 2.89
Current ratio from 0.10 to 2.89.
31-12
Financial Equity above €100,000Eq €115,451
Equity rises from -€50,799 to €115,451.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
19-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 262 days late
2020
31-12
Financial Weakest financial yearnet -€34,454
Net result drops to -€34,454, the lowest in the series; recovery starts the following year.
2019
30-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Show earlier events
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
28-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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, Jette · 1 establishment unit since 1998
seat establishment The establishment unit on the map
Ground area
1,405 m²
Building footprint
390 m²
Volume, LiDAR
2,828 m³
2 parcels, Brussels · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PLANET KID'S
Eugène De Smetstraat 14, 1090 JetteNACE 92611
since 19982.086.580.757
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21463C0396/00K000
ProtectedMonumentLa Ferme du WilgSource ↗
Brussels 1,283 m² 1 · 309 m² 13.3 m · 2 fl.
21010B0019/00F013 Brussels 121 m² 1 · 81 m² 11.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Identification & contact

Identification
Legal formPublic limited company
Founded16-03-1998
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

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