ACTIVE

FORCE

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Financial year 2025 · closed on 31/12/2025

Net result

-2,1 k €

-12.9% YoY

Gross margin

-1,5 k €

+10.8% YoY

Equity

-18,0 k €

-13.4% YoY

What does FORCE do?

FORCE is a Private company with limited liability incorporated in 2009. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0813.235.330

Incorporation

22/06/2009

Legal form

Private company with limited liability

Registered office

Lange Lozanastraat 142
2018 Antwerpen · FlandreSee on map

Contributed capital

54 450,00 €

Latest accounts

31/12/2025

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	-1,5 k €	+10.8%	-1,7 k €	-114%	-786,5 €	+11.4%	-887,7 €	-102%	49,0 k €	+9462%	-522,9 €	-130%	-226,9 €	+67.0%	-687,1 €	+14.7%	-805,0 €	-6.8%	-753,6 €	-0.3%	-751,6 €	+29.8%	-1,1 k €	-32.6%	-807,6 €	+84.7%	-5,3 k €
EBITDA	-2,0 k €	-16.9%	-1,7 k €	-92.1%	-876,9 €	+38.5%	-1,4 k €	-103%	48,5 k €	+4093%	-1,2 k €	-79.3%	-676,8 €	+49.3%	-1,3 k €	+8.6%	-1,5 k €	-4.8%	-1,4 k €	+12.3%	-1,6 k €	-7.8%	-1,5 k €	-4.6%	-1,4 k €	+77.3%	-6,2 k €
Operating result	-2,0 k €	-16.9%	-1,7 k €	-92.1%	-876,9 €	+38.5%	-1,4 k €	-103%	48,5 k €	+4093%	-1,2 k €	-79.3%	-676,8 €	+49.3%	-1,3 k €	+8.6%	-1,5 k €	-4.8%	-1,4 k €	+12.3%	-1,6 k €	-7.8%	-1,5 k €	-4.6%	-1,4 k €	+77.3%	-6,2 k €
Net result	-2,1 k €	-12.9%	-1,9 k €	-64.1%	-1,1 k €	+26.5%	-1,6 k €	-103%	46,4 k €	+3528%	-1,4 k €	-98.2%	-682,5 €	+71.0%	-2,4 k €	-751%	361,2 €	+109%	-3,9 k €	-131%	12,6 k €	+7.0%	11,8 k €	-43.1%	20,6 k €	+86.6%	11,1 k €
Balance sheet
Equity	-18,0 k €	-13.4%	-15,8 k €	-13.5%	-14,0 k €	-9.0%	-12,8 k €	-13.9%	-11,2 k €	-111%	102,6 k €	-1.3%	103,9 k €	-0.7%	104,6 k €	-2.2%	107,0 k €	+0.3%	106,6 k €	-3.5%	110,5 k €	+12.8%	97,9 k €	+13.6%	86,2 k €	+31.5%	65,5 k €
Total assets	18,8 €		0,0 €	-100%	5,3 €	+55.6%	3,4 €	-28.4%	4,8 €	-100.0%	157,1 k €	+0.0%	157,1 k €	-0.0%	157,1 k €	-0.5%	157,9 k €	-1.0%	159,4 k €	-1.6%	162,0 k €	-2.6%	166,3 k €	-3.4%	172,1 k €	-0.5%	172,9 k €
Cash	18,8 €		0,0 €	-100%	5,3 €	+55.6%	3,4 €	-28.4%	4,8 €	-55.6%	10,7 €	+212%	3,4 €	-72.7%	12,6 €	-68.6%	40,0 €		–		–		1,4 k €	-59.3%	3,5 k €	+17704%	19,8 €
Debts	18,0 k €	+13.5%	15,8 k €	+13.4%	14,0 k €	+14.7%	12,2 k €	+10.1%	11,1 k €	-79.7%	54,5 k €	+2.6%	53,1 k €	+1.5%	52,3 k €	+2.7%	50,9 k €	-3.6%	52,8 k €	+2.6%	51,5 k €	-24.7%	68,4 k €	-20.4%	86,0 k €	-20.0%	107,4 k €

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Alex Croymans-Plaghki

Managing director

Active

Ended mandates

Alex Croymans-Plaghki

Director · since 22 juin 2019

Ended

Alex Croymans

Manager · since 24 juin 2009

Ended

Alex Croymans

Manager · since 22 juin 2009

Ended

Alex Croymans-Plaghki

Director · since 22 juin 2009

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/08/2026	31/07/2025	30/07/2024	31/08/2023	17/08/2022	04/06/2021
General meeting	19/06/2026	30/06/2025	30/06/2024	31/08/2023	30/06/2022	03/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/06/2026	18/08/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	31/07/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Micro model	31/12/2022	31/08/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	17/08/2022	Dutch	PDF
Micro model	31/12/2020	03/06/2021	04/06/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	09/05/2019	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	10/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	05/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	20/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	26/01/2012	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Alex Croymans-Plaghki

Managing director

Active

Ended mandates

Alex Croymans-Plaghki

Director · since 22 juin 2019

Ended

Alex Croymans

Manager · since 24 juin 2009

Ended

Alex Croymans

Manager · since 22 juin 2009

Ended

Alex Croymans-Plaghki

Director · since 22 juin 2009

Ended

Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-2,1 k €↓
2024
Annual accounts 2024-1,9 k €↓
2023
Annual accounts 2023-1,1 k €↑
2022
Annual accounts 2022-1,6 k €↓
2021
Annual accounts 202146,4 k €↑
2018
Annual accounts 2018-1,4 k €↓
2017
Annual accounts 2017-682,5 €↑
2016
Annual accounts 2016-2,4 k €↓
2015
Annual accounts 2015361,2 €↑
2014
Annual accounts 2014-3,9 k €↓
2013
Annual accounts 201312,6 k €↑
2012
Annual accounts 201211,8 k €↓
2011
Annual accounts 201120,6 k €↑
2010
Annual accounts 201011,1 k €
22/06/2009
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FORCE

Overview

What does FORCE do?

Trend over 14 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline