Skip to content

Bright-Side

Active
Private limited companyfounded 20206 yrs activeMaastrichterstraat 15, 3690 Zutendaal, BelgiumKBO/BCE: BE 0743.774.620

Bright-Side has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €35k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 19% of 1893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
43 / 100
Weak▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency11▼-4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity short (current ratio 0.59 against 0.8 in 2024), and 86.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
13.5%
Return on assets
5.9%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1893 sector peers (2025).
NBB · sector comparison
Position among 1893 sector peers
Solvency
better than 19%
← weakest strongest →
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 16-07-2026, 15 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
15 d early
2024
22 d early
2023
9 d early
2022
33 d early
2021
6 d early
← before the deadline after the deadline →
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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 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
€80k▲ 4.0%
2024 · €77k
2021: €35k 2022: €56k 2023: €40k 2024: €77k
2021 → 2025
Total assets
€594k▼ 6.3%
2024 · €634k
2021: €656k 2022: €726k 2023: €660k 2024: €634k
2021 → 2025
Net result
€35k▼ 4.6%
2024 · €37k
2021: €32k 2022: €21k 2023: €-16k 2024: €37k
2021 → 2025
Working capital
€-85k▼ 92.0%
2024 · €-45k
2021: €-137k 2022: €-97k 2023: €-92k 2024: €-45k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€35k-€56k▲ 61.9%€40k▼ 27.8%€77k▲ 91.2%€80k▲ 4.0%
Operating result€55k-€45k▼ 19.3%€161▼ 99.6%€73k▲ 45,025%€66k▼ 9.5%
Net result€32k-€21k▼ 33.2%€-16k€37k€35k▼ 4.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-25k€0€25k€50k€75kOperating result 2021: €55k€55kNet result 2021: €32k€32kOperating result 2022: €45k€45kNet result 2022: €21k€21kOperating result 2023: €161€161Net result 2023: €-16k€-16kOperating result 2024: €73k€73kNet result 2024: €37k€37kOperating result 2025: €66k€66kNet result 2025: €35k€35k20212022202320242025
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €594k
Fixed assets €471k▲ 2.4%
Current assets €123k▼ 29.3%
Equity and liabilities €594k
Equity €80k▲ 4.0%
Debt €514k▼ 7.7%
The debt ratio falls from 87.8% to 86.5%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€119k
2024 · €130k
Cash flow
€88k
2024 · €95k
Solvency
13.5%
2024 · 12.2%
Current ratio
0.59
2024 · 0.80
Quick ratio
0.59
2024 · 0.80
Debt / equity
6.40
2024 · 7.21
ROE
43.8%
2024 · 47.7%
ROA
5.9%
2024 · 5.8%
Interest coverage
8.41
2024 · 6.99
Debt
€514k
2024 · €557k
Debt ≤ 1 year
€209k
2024 · €219k
Debt > 1 year
€295k
2024 · €324k
Income taxes
€16k
2024 · €17k
Staff costs
€1k
2024 · €14k
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 2024
Balance sheet Code20242025
Assets
Total assets20/58€634k€594k
Fixed assets21/28€460k€471k
Tangible fixed assets22/27€458k€469k
Land and buildings22€432k€456k
Plant, machinery and equipment23€21k€9k
Furniture and vehicles24€5k€4k
Financial fixed assets28€2k€2k=
Current assets29/58€175k€123k
Amounts receivable within one year40/41€30k€17k
Trade receivables40€30k€17k
Other amounts receivable41€0€0
Cash at bank and in hand54/58€132k€96k
Deferred charges and accrued income490/1€13k€10k
Equity and liabilities
Total equity and liabilities10/49€634k€594k
Equity10/15€77k€80k
Contributions10/11€3k€3k=
Reserves13€75k€78k
Distributable reserves133€75k€78k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€557k€514k
Amounts payable after more than one year17€324k€295k
Financial debts170/4€324k€295k
Amounts payable within one year42/48€219k€209k
Current portion of amounts payable after more than one year42€31k€31k
Trade debts44€9k€14k
Suppliers440/4€9k€14k
Advances received on contracts in progress46€14k€16k
Taxes, remuneration and social security45€18k€21k
Taxes450/3€18k€21k
Remuneration and social security454/9€0-
Other amounts payable47/48€147k€125k
Accrued charges and deferred income492/3€14k€10k
Income statement Code20242025
Remuneration, social security and pensions62€14k€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€53k
Other operating charges640/8€3k€2k
Non-recurring operating charges66A-€791
Gross operating margin9900€148k€122k
Operating profit (loss)9901€73k€66k
Financial income75/76B€7€8
Recurring financial income75€7€8
Financial charges65/66B€19k€14k
Recurring financial charges65€19k€14k
Profit (loss) for the period before taxes9903€54k€52k
Income taxes67/77€17k€16k
Profit (loss) for the period9904€37k€35k
Profit (loss) for the period to be appropriated9905€37k€35k
Appropriation of the result
Profit (loss) to be appropriated9906€21k€35k
Profit (loss) brought forward from the previous period14P€-16k€0
Transfer from equity791/2-€32k
Transfer to equity691/2€21k€35k
To other reserves6921€21k€35k
Profit to be distributed694/7-€32k
Return on contributions (dividend)694-€32k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
09-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €37k
Net result €37k after one loss-making year.
22-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-16k ▼173%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
28-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2025
Coninx Linda
Director · since 01-07-2025
Current
01-07-2025 Appointed as Director
Location & real-estate footprint
Registered office, Zutendaal · 1 establishment unit since 2020
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.

Maastrichterstraat 153690 Zutendaal
Ground area
2,430 m²
Building footprint
707 m²
Volume, LiDAR
2,793 m³
Parcel 71067A0370/00R000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bright-Side
Maastrichterstraat 15, 3690 ZutendaalAccommodation
since 20202.299.651.848
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71067A0370/00R000 Flanders 2,430 m² 1 · 707 m² 7.0 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 · 4 entries · 46,458 EUR awarded · 15,970 EUR paid
Year Entries awardedpaid
2025 1 12,017 EUR0 EUR
2024 1 16,327 EUR15,970 EUR
2023 1 16,051 EUR0 EUR
2022 1 2,063 EUR0 EUR
Schemes
Logiessubsidie: steun voor erkend toeristisch logies
3 entries · 44,395 EUR · 15,970 EUR paid · Toerisme Vlaanderen
Subsidies Toerisme voor Allen-Verblijven - stopgezet
1 entry · 2,063 EUR · Toerisme Vlaanderen

Similar companies · same sector, comparable size

Of 2,714 companies in sector 63100 we hold annual accounts for 1,267. 978 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-02-2020
Fiscal year end31-12
Activities, NACEBEL
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
01290Crop and animal production, hunting and related service activities
55201Accommodation
55203Holiday cottages, homes and apartments
55209Other holiday and short-stay accommodation
56210Event catering
56309Food and beverage service activities
62010Computer programming, consultancy and related activities
62100Computer programming
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Enterprise
E-mail:info@bright-side.be
Enterprise