ONTOFORCE
ActiveSummary
ONTOFORCE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1.44M) and a net result of €-3.95M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 1424 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-52
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.47 against 1.69 in 2024; short-term debt: 65.8% and cash: 4.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-55.4%
Return on assets
-151.8%
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
1819202122232425
2018 to 2025 · latest year €-1.44M
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
23 d early
2023
20 d early
2022
33 d early
2021
31 d early
2020
47 d early
2019
44 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, full schema
Turnover
€2.72M
EBIT margin
-141.7%
Net result
€-3.95M▼ 122%
2024 · €-1.78M
2018: €-2.03M
2019: €-2.49M▼ -22.9% vs 2018
2020: €-1.50M▲ +39.7% vs 2019
2021: €-1.34M▲ +10.9% vs 2020highest in 8 years
2022: €-3.55M▼ -165% vs 2021
2023: €-3.18M▲ +10.5% vs 2022
2024: €-1.78M▲ +44.1% vs 2023
2025: €-3.95M▼ -122% vs 2024lowest in 8 years
2018 → 2025
Working capital
€813k▼ 43.5%
2024 · €1.44M
2018: €592k
2019: €-1.65M▼ -378% vs 2018lowest in 8 years
2020: €2.17M▲ +232% vs 2019
2021: €2.45M▲ +12.9% vs 2020
2022: €2.07M▼ -15.8% vs 2021
2023: €3.26M▲ +57.7% vs 2022highest in 8 years
2024: €1.44M▼ -55.8% vs 2023
2025: €813k▼ -43.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.72M
Equity€2.48M-€2.23M▼ 10.3%€2.78M▲ 24.7%€999k▼ 64.0%€-1.44M
2021: €2.48M
2022: €2.23M▼ -10.3% vs 2021
2023: €2.78M▲ +24.7% vs 2022highest in 5 years
2024: €999k▼ -64.0% vs 2023
2025: €-1.44M▼ -244% vs 2024lowest in 5 years
Operating result€-1.37M-€-3.56M▼ 159%€-3.09M▲ 13.2%€-1.74M▲ 43.6%€-3.85M▼ 121%
2021: €-1.37Mhighest in 5 years
2022: €-3.56M▼ -159% vs 2021
2023: €-3.09M▲ +13.2% vs 2022
2024: €-1.74M▲ +43.6% vs 2023
2025: €-3.85M▼ -121% vs 2024lowest in 5 years
Net result€-1.34M-€-3.55M▼ 165%€-3.18M▲ 10.5%€-1.78M▲ 44.1%€-3.95M▼ 122%
2021: €-1.34Mhighest in 5 years
2022: €-3.55M▼ -165% vs 2021
2023: €-3.18M▲ +10.5% vs 2022
2024: €-1.78M▲ +44.1% vs 2023
2025: €-3.95M▼ -122% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3.85M in 2025 against €1.74M in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.60M
Fixed assets
€73k ▼ 49.5%
Current assets
€2.53M ▼ 28.2%
Key figures and ratios
EBITDA
€-3.80M▼
2024 · €-1.68M
Cash flow
€-3.90M▼
2024 · €-1.72M
Solvency
-55.4%▼
2024 · 27.3%
Current ratio
1.47▼
2024 · 1.69
Debt to equity
-2.80▼
2024 · 2.67
ROA
-151.8%▼
2024 · -48.5%
Interest coverage
-21.26▼
2024 · -16.72
Debt
€4.04M▲
2024 · €2.66M
Debt ≤ 1 year
€1.71M▼
2024 · €2.07M
Income taxes
€2k▼
2024 · €3k
Staff costs
€2.55M▼
2024 · €3.09M
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.66M€2.60M▼
Formation expenses20€4k€2k▼
Fixed assets21/28€145k€73k▼
Intangible fixed assets21€117-
Tangible fixed assets22/27€80k€37k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€38k€17k▼
Other tangible fixed assets26€40k€19k▼
Financial fixed assets28€65k€36k▼
Current assets29/58€3.51M€2.53M▼
Amounts receivable within one year40/41€3.21M€2.32M▼
Trade receivables40€2.97M€2.23M▼
Other amounts receivable41€237k€87k▼
Cash at bank and in hand54/58€125k€106k▼
Deferred charges and accrued income490/1€184k€99k▼
Equity and liabilities
Total equity and liabilities10/49€3.66M€2.60M▼
Equity10/15€999k€-1.44M▼
Contributions10/11€5.96M€2.51M▼
Capital10€1.97M€2.15M▲
Issued capital100€1.97M€2.15M▲
Outside capital11€3.99M€354k▼
Share premium1100/10€3.99M€354k▼
Profit (loss) carried forward14€-4.96M€-3.95M▲
Amounts payable17/49€2.66M€4.04M▲
Amounts payable within one year42/48€2.07M€1.71M▼
Current portion of amounts payable after more than one year42€82k€94k▲
Financial debts43€1.25M€850k▼
Credit institutions430/8€1.25M€850k▼
Trade debts44€355k€410k▲
Suppliers440/4€355k€410k▲
Taxes, remuneration and social security45€388k€358k▼
Taxes450/3€135€55k▲
Remuneration and social security454/9€388k€303k▼
Accrued charges and deferred income492/3€590k€2.33M▲
Income statement
Code20242025
Turnover70-€2.72M
Goods, raw materials, services and sundry goods60/61-€4.16M
Remuneration, social security and pensions62€3.09M€2.55M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€49k▼
Other operating charges640/8€3k€8k▲
Non-recurring operating charges66A-€50k
Gross operating margin9900€1.41M€-1.19M▼
Operating profit (loss)9901€-1.74M€-3.85M▼
Financial income75/76B€67k€86k▲
Recurring financial income75€67k€86k▲
Financial charges65/66B€101k€179k▲
Recurring financial charges65€101k€179k▲
Profit (loss) for the period before taxes9903€-1.78M€-3.95M▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€-1.78M€-3.95M▼
Profit (loss) for the period to be appropriated9905€-1.78M€-3.95M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4.96M€-8.91M▼
Profit (loss) brought forward from the previous period14P€-3.18M€-4.96M▼
Transfer from equity791/2-€4.96M
Social balance
Average headcount (FTE)908730.023.0▼
The notes to these accounts (16 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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €2.72M | - |
| Non-recurring operating income76A | - | €97k | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €4.16M | - |
| Remuneration, social security and pensions62 | €2.13M | €2.84M | €3.44M | €3.09M | €2.55M | ▼ 17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €47k | €58k | €57k | €49k | ▼ 14.9% |
| Other operating charges640/8 | €6k | €2k | €4k | €3k | €8k | ▲ 183% |
| Non-recurring operating charges66A | €76k | €274 | - | - | €50k | - |
| Gross operating margin9900 | €863k | €-671k | €407k | €1.41M | €-1.19M | ▼ 185% |
| Operating profit (loss)9901 | €-1.37M | €-3.56M | €-3.09M | €-1.74M | €-3.85M | ▼ 121% |
| Financial income75/76B | €85k | €117k | €39k | €67k | €86k | ▲ 29.7% |
| Recurring financial income75 | €85k | €117k | €39k | €67k | €86k | ▲ 29.7% |
| Financial charges65/66B | €50k | €109k | €128k | €101k | €179k | ▲ 77.6% |
| Recurring financial charges65 | €50k | €109k | €128k | €101k | €179k | ▲ 77.6% |
| Profit (loss) for the period before taxes9903 | €-1.34M | €-3.55M | €-3.18M | €-1.78M | €-3.95M | ▼ 122% |
| Income taxes67/77 | €1k | €2k | €2k | €3k | €2k | ▼ 42.9% |
| Profit (loss) for the period9904 | €-1.34M | €-3.55M | €-3.18M | €-1.78M | €-3.95M | ▼ 122% |
| Profit (loss) for the period to be appropriated9905 | €-1.34M | €-3.55M | €-3.18M | €-1.78M | €-3.95M | ▼ 122% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.70M | €4.52M | €4.87M | €3.66M | €2.60M | ▼ 29.0% |
| Formation expenses20 | €5k | €7k | €5k | €4k | €2k | ▼ 39.4% |
| Fixed assets21/28 | €446k | €652k | €217k | €145k | €73k | ▼ 49.5% |
| Intangible fixed assets21 | €11k | €7k | €2k | €117 | - | - |
| Tangible fixed assets22/27 | €118k | €131k | €116k | €80k | €37k | ▼ 54.0% |
| Plant, machinery and equipment23 | €203 | €6k | €4k | €3k | €1k | ▼ 51.3% |
| Furniture and vehicles24 | €28k | €43k | €51k | €38k | €17k | ▼ 55.9% |
| Other tangible fixed assets26 | €90k | €82k | €61k | €40k | €19k | ▼ 52.3% |
| Financial fixed assets28 | €317k | €515k | €99k | €65k | €36k | ▼ 43.9% |
| Current assets29/58 | €4.25M | €3.86M | €4.65M | €3.51M | €2.53M | ▼ 28.2% |
| Amounts receivable within one year40/41 | €2.29M | €2.28M | €3.23M | €3.21M | €2.32M | ▼ 27.6% |
| Trade receivables40 | €2.23M | €2.27M | €2.92M | €2.97M | €2.23M | ▼ 24.8% |
| Other amounts receivable41 | €65k | €7k | €315k | €237k | €87k | ▼ 63.3% |
| Current investments50/53 | - | - | €681k | - | - | - |
| Cash at bank and in hand54/58 | €1.77M | €1.22M | €386k | €125k | €106k | ▼ 15.2% |
| Deferred charges and accrued income490/1 | €191k | €361k | €346k | €184k | €99k | ▼ 46.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.70M | €4.52M | €4.87M | €3.66M | €2.60M | ▼ 29.0% |
| Equity10/15 | €2.48M | €2.23M | €2.78M | €999k | €-1.44M | ▼ 244% |
| Contributions10/11 | €3.97M | €7.27M | €5.96M | €5.96M | €2.51M | ▼ 57.9% |
| Capital10 | €1.36M | €1.59M | €1.97M | €1.97M | €2.15M | ▲ 9.5% |
| Issued capital100 | €1.37M | €1.59M | €1.97M | €1.97M | €2.15M | ▲ 9.5% |
| Uncalled capital101 | €7k | - | - | - | - | - |
| Outside capital11 | €2.61M | €5.67M | €3.99M | €3.99M | €354k | ▼ 91.1% |
| Share premium1100/10 | €2.61M | €5.67M | €3.99M | €3.99M | €354k | ▼ 91.1% |
| Profit (loss) carried forward14 | €-1.49M | €-5.04M | €-3.18M | €-4.96M | €-3.95M | ▲ 20.4% |
| Amounts payable17/49 | €2.21M | €2.29M | €2.09M | €2.66M | €4.04M | ▲ 51.7% |
| Amounts payable after more than one year17 | €126k | - | - | - | - | - |
| Financial debts170/4 | €126k | - | - | - | - | - |
| Amounts payable within one year42/48 | €1.79M | €1.79M | €1.39M | €2.07M | €1.71M | ▼ 17.5% |
| Current portion of amounts payable after more than one year42 | €206k | €208k | €82k | €82k | €94k | ▲ 14.6% |
| Financial debts43 | €500k | €500k | €500k | €1.25M | €850k | ▼ 32.0% |
| Credit institutions430/8 | €500k | €500k | €500k | €1.25M | €850k | ▼ 32.0% |
| Trade debts44 | €533k | €663k | €354k | €355k | €410k | ▲ 15.3% |
| Suppliers440/4 | €533k | €663k | €354k | €355k | €410k | ▲ 15.3% |
| Taxes, remuneration and social security45 | €334k | €383k | €453k | €388k | €358k | ▼ 7.6% |
| Taxes450/3 | €1k | €3k | €6k | €135 | €55k | ▲ 40,709% |
| Remuneration and social security454/9 | €333k | €380k | €447k | €388k | €303k | ▼ 21.8% |
| Other amounts payable47/48 | €221k | €40k | - | - | - | - |
| Accrued charges and deferred income492/3 | €294k | €496k | €702k | €590k | €2.33M | ▲ 295% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1.34M | €-3.55M | €-3.18M | €-1.78M | €-3.95M | ▼ 122% |
| + Depreciation and write-downs630 | €28k | €47k | €58k | €57k | €49k | ▼ 14.9% |
| Operating cash flow (approximation) | €-1.31M | €-3.51M | €-3.12M | €-1.72M | €-3.90M | ▼ 126% |
| Investment in fixed assets (approximation) | - | €-254k | €378k | €15k | €23k | ▲ 55.5% |
| Change in cash | - | €-548k | €-831k | €-261k | €-19k | ▲ 92.7% |
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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-3.95M
Net result drops to €-3.95M, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €2MEq €2.48M ▲27%
Equity rises from €1.96M to €2.48M.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity times 5current ratio 2.82
Current ratio from 0.61 to 2.82; short-term debt falls from €4.20M to €1.19M.
31-12
Financial
Equity above €1MEq €1.96M
Equity rises from €-1.68M to €1.96M.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 36 acts read
About the unread acts
We know of 36 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
36 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, Gent · 1 establishment unit since 2011
Ground area
2.0 ha
Building footprint
1,138 m²
Volume, LiDAR
32,778 m³
Parcel 44808H0324/00F000, Flanders · tallest building 32.6 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
ONTOFORCE
since 20112.199.491.826
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0324/00F000 | Flanders | 2.0 ha | 1 · 1,138 m² | 32.6 m · 10 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 13,324 EUR awarded · 13,324 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,229 EUR | 2,229 EUR |
| 2024 | 2 | 2,151 EUR | 2,151 EUR |
| 2023 | 2 | 7,661 EUR | 7,661 EUR |
| 2022 | 1 | 1,283 EUR | 1,283 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
NIELCO
BE 0889.128.724
Wervik · Eq €998,896
DATA INVESTIGATION COMPANY EUROPE
BE 0436.689.842
Asse · Eq €998,219
COGENT COMMUNICATIONS BELGIUM
BE 0472.324.276
Sint-Joost-ten-Node · Eq €1,000,054
INTM BELGIUM
BE 0838.433.059
Brussel · Eq €1,000,571
DEMAREG
BE 0821.123.509
Ninove · Eq €996,883
Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 8,546 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-05-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Contact
Website
www.ontoforce.com
Phone
+32 9 396 80 07
Scores and ratios are computed by Checked and are not a credit decision.