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Megaforce

Active
Private limited company (pre-2019)founded 199927 yrs activeJ. Gadeynehelling 1, 8370 Blankenberge, BelgiumKBO/BCE: BE 0465.092.729

Megaforce has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €10k. Equity is shrinking by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 32% of 11185 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
51 / 100
Fair▲ +36 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency12▲+1
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.49 against 0.44 in 2023), and 82.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
elevated failure risk from 2 to 8 years 27 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-03-2026, 37 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
37 d late
2023
51 d late
2022
28 d late
2021
14 d late
2020
15 d late
2019
59 d late
2018
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€21k▲ 13.0%
2023 · €18k
2019: €40k 2020: €37k 2021: €15k 2022: €20k 2023: €18k
2019 → 2025
Total assets
€116k▲ 8.5%
2023 · €107k
2019: €193k 2020: €193k 2021: €174k 2022: €160k 2023: €107k
2019 → 2025
Net result
€10k
2023 · €-2k
2019: €4k 2020: €-37k 2021: €-37k 2022: €5k 2023: €-2k
2019 → 2025
Working capital
€-49k▼ 1.2%
2023 · €-48k
2019: €-5k 2020: €-5k 2021: €-47k 2022: €-68k 2023: €-48k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232025Trend
Equity€37k-€15k▼ 59.9%€20k▲ 33.8%€18k▼ 8.6%€21k▲ 13.0%
Operating result€-33k-€-33k=€7k€-374€12k
Net result€-37k-€-37k=€5k€-2k€10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2020: €-33k€-33kNet result 2020: €-37k€-37kOperating result 2021: €-33k€-33kNet result 2021: €-37k€-37kOperating result 2022: €7k€7kNet result 2022: €5k€5kOperating result 2023: €-374€-374Net result 2023: €-2k€-2kOperating result 2025: €12k€12kNet result 2025: €10k€10k20202021202220232025
The operating result returns to profit in 2025: €12k after a loss of €374 in 2023, the highest year so far.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €116k
Fixed assets €70k▲ 0.9%
Current assets €47k▲ 22.2%
Equity and liabilities €116k
Equity €21k▲ 13.0%
Debt €96k▲ 7.5%
The debt ratio falls from 83.0% to 82.3%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2023
EBITDA
€16k
2023 · €3k
Cash flow
€14k
2023 · €2k
Solvency
17.7%
2023 · 17.0%
Current ratio
0.49
2023 · 0.44
Quick ratio
0.35
2023 · 0.24
Debt / equity
4.66
2023 · 4.90
ROE
47.7%
2023 · -9.4%
ROA
8.4%
2023 · -1.6%
Interest coverage
7.52
2023 · 2.48
Debt
€96k
2023 · €89k
Debt ≤ 1 year
€96k
2023 · €87k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2023
Balance sheet Code20232025
Assets
Total assets20/58€107k€116k
Fixed assets21/28€69k€70k
Tangible fixed assets22/27€69k€70k
Land and buildings22€60k€58k
Plant, machinery and equipment23-€307
Furniture and vehicles24€243€2k
Other tangible fixed assets26€8k€9k
Financial fixed assets28€19€19=
Current assets29/58€38k€47k
Stocks and contracts in progress3€17k€13k
Stocks30/36€17k€13k
Amounts receivable within one year40/41€18k€27k
Trade receivables40€16k€27k
Other amounts receivable41€2k-
Cash at bank and in hand54/58€3k€6k
Deferred charges and accrued income490/1-€660
Equity and liabilities
Total equity and liabilities10/49€107k€116k
Equity10/15€18k€21k
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-2k€95
Amounts payable17/49€89k€96k
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€87k€96k
Current portion of amounts payable after more than one year42€9k-
Financial debts43€17k-
Credit institutions430/8€17k-
Trade debts44€9k€3k
Suppliers440/4€9k€3k
Taxes, remuneration and social security45€6k€4k
Taxes450/3€6k€4k
Other amounts payable47/48€45k€88k
Accrued charges and deferred income492/3-€33
Income statement Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k
Other operating charges640/8€2k€3k
Gross operating margin9900€5k€19k
Operating profit (loss)9901€-374€12k
Financial income75/76B€0€0
Recurring financial income75€0€0
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€-2k€10k
Profit (loss) for the period9904€-2k€10k
Profit (loss) for the period to be appropriated9905€-2k€10k
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€95
Profit (loss) brought forward from the previous period14P€-573€-10k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
09-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 37 days late
2025
30-06
Financial Back to profitnet €10k
Net result €10k after one loss-making year.
2024
22-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
28-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-06
Financial Back to profitnet €5k
Net result €5k after 2 loss-making years.
14-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 14 days late
2021
15-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 15 days late
2020
30-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2016
19-02
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Blankenberge · 1 establishment unit since 1999
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

J. Gadeynehelling 18370 Blankenberge
Ground area
1,307 m²
Building footprint
1,192 m²
Volume, LiDAR
26,965 m³
2 parcels, Flanders · tallest building 35.1 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
MEGAFORCE
Steenstraat 117, 9420 Erpe-MereNACE 5248701
since 19992.090.405.824
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31602A0859/00M024 Flanders 1,141 m² 1 · 1,054 m² 35.1 m · 9 fl.
41040B0626/00R000 Flanders 166 m² 1 · 138 m² 9.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,120 companies in sector 46500 we hold annual accounts for 1,400. 647 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded03-02-1999
Fiscal year end30-06
Activities, NACEBEL
46500Wholesale of information and communication equipment
46660Wholesale trade
51850
47400Retail sale of information and communication equipment
47410Retail trade
52487
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.