Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 34.3 to 23.
Financials
Financial year 2025
ONTOFORCE from Gent, company number BE0836138020, closed financial year 2025 with a result of € -3.9 million after tax. For that financial year ONTOFORCE recorded revenue of € 2.7 million and equity of € -1.4 million. Compared with financial year 2024, the result moved from € -1.8 million to € -3.9 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ -1.4 million
▼ € 2.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.9 million
▼ 122 % more loss than in 2024
Profit after tax over the fiscal year.
€ 106,413
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.9 million.
People and assets in 2025
23
▼ 7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▼ 17% vs 2024
€ 111,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,687
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 943,999
▼ 29% vs 2024
Loans from banks and other lenders, long and short.
€ 409,597
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 358,388
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 2,719,319 | |
| Gross margin | € -670,929 | € 407,395 | € 1,405,397 | € -1,191,891 | ▼ € 2.6 million |
| Profit after taxes | € -3,553,795 | € -3,181,502 | € -1,778,525 | € -3,947,350 | ▼ € 2.2 million |
| Equity | € 2,228,248 | € 2,777,649 | € 999,125 | € -1,441,344 | ▼ € 2.4 million |
| Total debts | € 2,290,259 | € 2,090,885 | € 2,664,798 | € 4,041,976 | ▲ 52% |
| Cash | € 1,217,411 | € 386,465 | € 125,490 | € 106,413 | ▼ 15% |
| Retained profit | € -5,040,167 | € -3,181,502 | € -4,960,027 | € -3,947,350 | ▲ € 1 million |
| Bank debt | € 708,266 | € 582,000 | € 1,332,000 | € 943,999 | ▼ 29% |
| Balance sheet total | € 4,518,507 | € 4,868,535 | € 3,663,922 | € 2,600,633 | ▼ 29% |
| Employees (FTE) | 30.7 | 34.3 | 30 | 23 | ▼ 7 |
Key figures of ONTOFORCE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ONTOFORCE?
What happened at ONTOFORCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Illustris BV stepped down as director. NBB
- Syntaxon BV stepped down as director. NBB
- LRM Beheer NV stepped down as director. NBB
- Heran Partners BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 3.9 million. Source: NBB ↗
- Korys Management NV stepped down as director. NBB
- Dendrite BV stepped down as director. NBB
- Illustris BV became a director. NBB
In short
From € 3.6 million loss in 2022 to € 3.9 million loss in 2025.
Paid € 8,201 in corporate taxes since 2022.
On average € 46,800 of value added per employee in 2024.
Management
The stake of KORYS INVESTMENTS, Heran HealthTech Fund I, LIMBURGSE RECONVERSIE MAATSCHAPPIJ, Participatiemaatschappij Vlaanderen, Syntaxon comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ONTOFORCEThe shares are held by KORYS INVESTMENTS (27.8%), Heran HealthTech Fund I (24%), LIMBURGSE RECONVERSIE MAATSCHAPPIJ (19.9%), Participatiemaatschappij Vlaanderen (19%) and Syntaxon (0%). It owns 100% of Ontoforce Inc. itself.
Directors
According to the 2025 annual accounts
Director · represented by Koen Walbers, Tom Aerts
Also active at: Transport Marcel Depaire, Trafuco, Beltra - B, MIJNSCHADE EN BEMALING LIMBURGS MIJNGEBIED, BlooLoc, be-DIVE, LRM Lease, RMW +62 more
since 2020 · until 2026
since 2025 · until 2031
since 2022 · until 2028
Director · represented by EVA Van Overmeire
Also active at: Colruyt Group, GINSTBRONNEN, reMYND, D-DRINKS GROUP, FLUVES, SOFINDEV IV, URBANTZ, Pantarein Water +19 more
since 2024 · until 2025
Managing director · represented by Valerie Morel
Also active at: Vintia, SAG International
since 2021 · until 2025
Director · represented by Annie Vereecken, Raf Roelands
Also active at: Lynxcare Clinical Informatics, FOx Biosystems, ASPECT ANALYTICS, Heran HealthTech Fund I, nuclivision, ImmuneSpec, AMARON, icometrix
since 2020 · until 2026
Chairman of the board · represented by Hans Cobben
since 2020 · until 2025
Shareholders
Participations
Ontoforce Inc.
100%
Establishments
Establishment units
Physical locations of this company
Moutstraat 108-110
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
ontoforce.com
Registered
2010-06-10
Registrar
Combell NV
Expires
2026-06-10
Website info
Features
Security
Details
- Company number
- 0836.138.020
- VAT number
- BE 0836.138.020
- Registered office
- Moutstraat 108-110, 9000 Gent
- Names & denominations
- ONTOFORCE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 2011
- Peppol
- Active · Active since 31 Aug 2023
- Contact
- ontoforce.com +32 9 396 80 07
- Activities · NACE
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