AUDIO SIDE
ActiveSummary
AUDIO SIDE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141,667 and a net result of €827. Equity is growing by ~23.5% per year across the filed fiscal years. Its solvency ranks better than 37% of 2011 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-2
Solvency58=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.46 in 2024; short-term debt: 23% and cash: 4.9% of total assets), but 67.4% of the assets are financed with debt.
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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 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.6%
Return on assets
0.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 filingsDeviation from the deadline
2025
30 d late
2024
29 d late
2023
29 d late
2022
29 d late
2021
44 d late
2020
31 d late
2019
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 4 days before the deadline, and 38% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€827▼ 90.0%
2024 · €8,232
Working capital
€56,115▼ 12.7%
2024 · €64,246
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
Line20212022202320242025
Operating result€45,564€49,682▲ 9.0%€53,328▲ 7.3%€18,039▼ 66.2%€11,158▼ 38.1%
Net result€40,188€41,479▲ 3.2%€42,994▲ 3.7%€8,232▼ 80.9%€827▼ 90.0%
Equity€48,135▲ 506%€89,614▲ 86.2%€132,608▲ 48.0%€140,840▲ 6.2%€141,667▲ 0.6%
Total assets€284,020▲ 2.3%€266,262▼ 6.3%€363,213▲ 36.4%€421,560▲ 16.1%€434,546▲ 3.1%
Debt€235,885▼ 12.6%€176,648▼ 25.1%€230,605▲ 30.5%€280,720▲ 21.7%€292,879▲ 4.3%
Working capital-€44,898▲ 53.0%-€21,670▲ 51.7%-€25,257▼ 16.6%€64,246€56,115▼ 12.7%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 38% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €434,546
Fixed assets
€278,568 ▲ 28.4%
Current assets
€155,978 ▼ 23.8%
Equity and liabilities €434,546
Equity
€141,667 ▲ 0.6%
Debt
€292,879 ▲ 4.3%
Debt's share of the balance-sheet total rises from 66.6% to 67.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€103,739▼
2024 · €105,579
Cash flow
€93,408▼
2024 · €95,772
Current ratio
1.56▲
2024 · 1.46
Debt to equity
2.07▲
2024 · 1.99
ROE
0.6%▼
2024 · 5.8%
ROA
0.2%▼
2024 · 2.0%
Interest coverage
11.33▼
2024 · 16.10
Debt ≤ 1 year
€99,863▼
2024 · €140,428
Debt > 1 year
€193,016▲
2024 · €140,292
Income taxes
€2,072▼
2024 · €3,641
Staff costs
€33,774▲
2024 · €21,002
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €21,002 | €33,774 | ▲ 60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €65,958 | €66,660 | €87,261 | €87,540 | €92,581 | ▲ 5.8% |
| Other operating charges640/8 | €1,689 | €2,297 | €2,320 | €2,955 | €2,754 | ▼ 6.8% |
| Gross operating margin9900 | €113,211 | €118,639 | €142,909 | €129,536 | €140,267 | ▲ 8.3% |
| Operating profit (loss)9901 | €45,564 | €49,682 | €53,328 | €18,039 | €11,158 | ▼ 38.1% |
| Financial income75/76B | €343 | €914 | €785 | €392 | €900 | ▲ 130% |
| Recurring financial income75 | €343 | €914 | €785 | €392 | €900 | ▲ 130% |
| Financial charges65/66B | €5,719 | €3,129 | €4,896 | €6,558 | €9,159 | ▲ 39.7% |
| Recurring financial charges65 | €5,719 | €3,129 | €4,896 | €6,558 | €9,159 | ▲ 39.7% |
| Profit (loss) for the period before taxes9903 | €40,188 | €47,467 | €49,217 | €11,873 | €2,899 | ▼ 75.6% |
| Income taxes67/77 | - | €5,988 | €6,223 | €3,641 | €2,072 | ▼ 43.1% |
| Profit (loss) for the period9904 | €40,188 | €41,479 | €42,994 | €8,232 | €827 | ▼ 90.0% |
| Profit (loss) for the period to be appropriated9905 | €40,188 | €41,479 | €42,994 | €8,232 | €827 | ▼ 90.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €284,020 | €266,262 | €363,213 | €421,560 | €434,546 | ▲ 3.1% |
| Fixed assets21/28 | €173,345 | €151,770 | €236,235 | €216,886 | €278,568 | ▲ 28.4% |
| Tangible fixed assets22/27 | €173,345 | €151,770 | €236,235 | €216,886 | €278,568 | ▲ 28.4% |
| Plant, machinery and equipment23 | - | - | - | €148,438 | €112,437 | ▼ 24.3% |
| Furniture and vehicles24 | €96,504 | €91,428 | €130,471 | €6,394 | €37,606 | ▲ 488% |
| Leasing and similar rights25 | €75,367 | €50,453 | €98,077 | €56,565 | €34,687 | ▼ 38.7% |
| Other tangible fixed assets26 | €1,474 | €9,889 | €7,687 | €5,489 | €93,838 | ▲ 1,610% |
| Current assets29/58 | €110,675 | €114,492 | €126,978 | €204,674 | €155,978 | ▼ 23.8% |
| Amounts receivable within one year40/41 | €38,350 | €75,008 | €41,743 | €178,226 | €134,507 | ▼ 24.5% |
| Trade receivables40 | €38,350 | €75,008 | €41,743 | €147,451 | €119,482 | ▼ 19.0% |
| Other amounts receivable41 | - | - | - | €30,775 | €15,025 | ▼ 51.2% |
| Cash at bank and in hand54/58 | €72,325 | €39,484 | €85,235 | €26,448 | €21,307 | ▼ 19.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | €164 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €284,020 | €266,262 | €363,213 | €421,560 | €434,546 | ▲ 3.1% |
| Equity10/15 | €48,135 | €89,614 | €132,608 | €140,840 | €141,667 | ▲ 0.6% |
| Contributions10/11 | €71,000 | €71,000 | €71,000 | €71,000 | €71,000 | = |
| Capital10 | €71,000 | - | - | - | - | - |
| Issued capital100 | €71,000 | - | - | - | - | - |
| Reserves13 | €0 | - | - | - | - | - |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Legal reserve130 | €0 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€22,865 | €18,614 | €61,608 | €69,840 | €70,667 | ▲ 1.2% |
| Amounts payable17/49 | €235,885 | €176,648 | €230,605 | €280,720 | €292,879 | ▲ 4.3% |
| Amounts payable after more than one year17 | €80,312 | €40,486 | €78,370 | €140,292 | €193,016 | ▲ 37.6% |
| Financial debts170/4 | €80,312 | €40,486 | €78,370 | €140,292 | €193,016 | ▲ 37.6% |
| Amounts payable within one year42/48 | €155,573 | €136,162 | €152,235 | €140,428 | €99,863 | ▼ 28.9% |
| Current portion of amounts payable after more than one year42 | €53,336 | €40,419 | €53,283 | €60,109 | €57,116 | ▼ 5.0% |
| Trade debts44 | €4,710 | €12,002 | €22,603 | €20,064 | €924 | ▼ 95.4% |
| Suppliers440/4 | €4,710 | €12,002 | €22,603 | €20,064 | €924 | ▼ 95.4% |
| Advances received on contracts in progress46 | - | - | - | €39,826 | €20,595 | ▼ 48.3% |
| Taxes, remuneration and social security45 | €24,758 | €9,772 | €10,739 | €17,452 | €18,219 | ▲ 4.4% |
| Taxes450/3 | €18,758 | €9,772 | €10,739 | €16,420 | €17,151 | ▲ 4.5% |
| Remuneration and social security454/9 | €6,000 | - | - | €1,032 | €1,068 | ▲ 3.5% |
| Other amounts payable47/48 | €72,769 | €73,969 | €65,610 | €2,977 | €3,009 | ▲ 1.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,188 | €41,479 | €42,994 | €8,232 | €827 | ▼ 90.0% |
| + Depreciation and write-downs630 | €65,958 | €66,660 | €87,261 | €87,540 | €92,581 | ▲ 5.8% |
| Operating cash flow (approximation) | €106,146 | €108,139 | €130,255 | €95,772 | €93,408 | ▼ 2.5% |
| Investment in fixed assets (approximation) | - | -€45,085 | -€171,726 | -€68,191 | -€154,263 | ▼ 126% |
| Change in cash | - | -€32,841 | €45,751 | -€58,787 | -€5,141 | ▲ 91.3% |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €42,994 ▲3.7%
Operating result €53,328, net result €42,994, both a record.
31-12
Financial
Equity above €100,000Eq €132,608 ▲48%
3 profitable years in a row build equity to €132,608.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 44 days late
2021
31-12
Financial
Back to profitnet €40,188
Net result €40,188 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€48,151
Net result drops to -€48,151, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Enghien · 2 establishment units since 2010
Ground area
1,236 m²
Building footprint
180 m²
Volume, LiDAR
1,247 m³
2 parcels, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Koning Albert I Straat(P.E.) 60, 7850 Enghien
since 20102.187.793.527
Audio Side Tournai
since 20172.260.043.877
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55033D0001/00S008 | Wallonia | 1,050 m² | 1 · 131 m² | 8.8 m · 2 fl. |
| 57073B0303/00F004 | Wallonia | 187 m² | 1 · 49 m² | 10.6 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.
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 · 2 entries · 22,500 EUR in total| Year | Entries | paid |
|---|---|---|
| 2021 | 2 | 22,500 EUR |
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Of 3,395 companies in sector 90393 we hold annual accounts for 938. 745 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded19-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
47400Retail sale of information and communication equipment
Contact
Scores and ratios are computed by Checked and are not a credit decision.