BRIGHTSIDE
ActiveSummary
BRIGHTSIDE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48k and a net result of €-16k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 33% of 958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability33▼-38
Solvency57▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.19 against 0.22 in 2024; short-term debt: 49.3% and cash: 0.8% of total assets), and 67.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Printing and reproduction of recorded media (NACE 18)
about 11% 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
32.4%
Return on assets
-10.9%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
16 d early
2023
on the day
2022
2 d early
2021
1 d early
2020
1 d early
2019
34 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€48k▼ 25.1%
2024 · €65k
2018: €26klowest in 8 years
2019: €26k▲ +2.1% vs 2018
2020: €27k▲ +0.3% vs 2019
2021: €39k▲ +46.3% vs 2020
2022: €52k▲ +34.1% vs 2021
2023: €62k▲ +18.6% vs 2022
2024: €65k▲ +4.5% vs 2023highest in 8 years
2025: €48k▼ -25.1% vs 2024
2018 → 2025
Total assets
€149k▼ 12.9%
2024 · €171k
2018: €65klowest in 8 years
2019: €89k▲ +38.1% vs 2018
2020: €89k▼ -0.4% vs 2019
2021: €99k▲ +11.9% vs 2020
2022: €88k▼ -11.6% vs 2021
2023: €132k▲ +50.3% vs 2022
2024: €171k▲ +29.8% vs 2023highest in 8 years
2025: €149k▼ -12.9% vs 2024
2018 → 2025
Net result
€-16k
2024 · €3k
2018: €-2k
2019: €554▲ +132% vs 2018
2020: €71▼ -87.2% vs 2019
2021: €12k▲ +17276% vs 2020
2022: €13k▲ +8.0% vs 2021highest in 8 years
2023: €10k▼ -26.8% vs 2022
2024: €3k▼ -71.1% vs 2023
2025: €-16k▼ -678% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-60k▼ 10.9%
2024 · €-54k
2018: €-6khighest in 8 years
2019: €-17k▼ -208% vs 2018
2020: €-31k▼ -80.6% vs 2019
2021: €-25k▲ +19.4% vs 2020
2022: €-23k▲ +9.4% vs 2021
2023: €-47k▼ -104% vs 2022
2024: €-54k▼ -15.6% vs 2023
2025: €-60k▼ -10.9% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€52k▲ 34.1%€62k▲ 18.6%€65k▲ 4.5%€48k▼ 25.1%
2021: €39klowest in 5 years
2022: €52k▲ +34.1% vs 2021
2023: €62k▲ +18.6% vs 2022
2024: €65k▲ +4.5% vs 2023highest in 5 years
2025: €48k▼ -25.1% vs 2024
Operating result€17k-€18k▲ 7.6%€15k▼ 18.4%€11k▼ 24.1%€-8k
2021: €17k
2022: €18k▲ +7.6% vs 2021highest in 5 years
2023: €15k▼ -18.4% vs 2022
2024: €11k▼ -24.1% vs 2023
2025: €-8k▼ -173% vs 2024lowest in 5 years
Net result€12k-€13k▲ 8.0%€10k▼ 26.8%€3k▼ 71.1%€-16k
2021: €12k
2022: €13k▲ +8.0% vs 2021highest in 5 years
2023: €10k▼ -26.8% vs 2022
2024: €3k▼ -71.1% vs 2023
2025: €-16k▼ -678% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €11k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€135k ▼ 13.3%
Current assets
€14k ▼ 9.6%
Equity and liabilities €149k
Equity
€48k ▼ 25.1%
Debt
€101k ▼ 5.5%
Debt's share of the balance-sheet total rises from 62.3% to 67.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€27k▼
2024 · €48k
Cash flow
€19k▼
2024 · €39k
Current ratio
0.19▼
2024 · 0.22
Debt to equity
2.08▲
2024 · 1.65
ROE
-33.6%▼
2024 · 4.3%
ROA
-10.9%▼
2024 · 1.6%
Interest coverage
3.40▼
2024 · 6.41
Debt ≤ 1 year
€73k▲
2024 · €69k
Debt > 1 year
€27k▼
2024 · €38k
Income taxes
€143▼
2024 · €1k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€171k€149k▼
Fixed assets21/28€156k€135k▼
Tangible fixed assets22/27€156k€135k▼
Land and buildings22€50k€45k▼
Plant, machinery and equipment23€103k€85k▼
Furniture and vehicles24€3k€6k▲
Current assets29/58€15k€14k▼
Amounts receivable within one year40/41€6k€9k▲
Trade receivables40€2k€8k▲
Other amounts receivable41€4k€280▼
Current investments50/53€2€2=
Cash at bank and in hand54/58€6k€1k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€171k€149k▼
Equity10/15€65k€48k▼
Contributions10/11€12k€12k=
Reserves13€52k€42k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€52k€42k▼
Profit (loss) carried forward14-€-6k
Amounts payable17/49€107k€101k▼
Amounts payable after more than one year17€38k€27k▼
Financial debts170/4€38k€27k▼
Amounts payable within one year42/48€69k€73k▲
Current portion of amounts payable after more than one year42€10k€11k▲
Financial debts43€322€0▼
Credit institutions430/8€322€0▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€5k€5k▼
Taxes450/3€2k€3k▲
Remuneration and social security454/9€4k€1k▼
Other amounts payable47/48€51k€57k▲
Accrued charges and deferred income492/3-€200
Income statement
Code20242025
Non-recurring operating income76A€6k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€35k▼
Other operating charges640/8€141€332▲
Gross operating margin9900€48k€27k▼
Operating profit (loss)9901€11k€-8k▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€4k€-16k▼
Income taxes67/77€1k€143▼
Profit (loss) for the period9904€3k€-16k▼
Profit (loss) for the period to be appropriated9905€3k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-16k▼
Transfer from equity791/2-€10k
Transfer to equity691/2€3k€0▼
To other reserves6921€3k€0▼
The notes to these accounts (14 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4k | €0 | €6k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €21k | €30k | €36k | €35k | ▼ 3.9% |
| Other operating charges640/8 | €120 | €303 | €152 | €141 | €332 | ▲ 136% |
| Gross operating margin9900 | €31k | €39k | €45k | €48k | €27k | ▼ 43.4% |
| Operating profit (loss)9901 | €17k | €18k | €15k | €11k | €-8k | ▼ 173% |
| Financial income75/76B | €5 | €12 | €0 | €0 | €0 | = |
| Recurring financial income75 | €5 | €12 | €0 | €0 | €0 | = |
| Financial charges65/66B | €1k | €1k | €2k | €7k | €8k | ▲ 5.7% |
| Recurring financial charges65 | €1k | €1k | €2k | €7k | €8k | ▲ 5.7% |
| Profit (loss) for the period before taxes9903 | €16k | €17k | €13k | €4k | €-16k | ▼ 518% |
| Income taxes67/77 | €3k | €4k | €3k | €1k | €143 | ▼ 86.3% |
| Profit (loss) for the period9904 | €12k | €13k | €10k | €3k | €-16k | ▼ 678% |
| Profit (loss) for the period to be appropriated9905 | €12k | €13k | €10k | €3k | €-16k | ▼ 678% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99k | €88k | €132k | €171k | €149k | ▼ 12.9% |
| Fixed assets21/28 | €77k | €83k | €115k | €156k | €135k | ▼ 13.3% |
| Tangible fixed assets22/27 | €77k | €83k | €115k | €156k | €135k | ▼ 13.3% |
| Land and buildings22 | €3k | €39k | €55k | €50k | €45k | ▼ 10.3% |
| Plant, machinery and equipment23 | €36k | €42k | €56k | €103k | €85k | ▼ 17.7% |
| Furniture and vehicles24 | €1k | €1k | €4k | €3k | €6k | ▲ 83.9% |
| Assets under construction and advance payments27 | €38k | €0 | - | - | - | - |
| Current assets29/58 | €23k | €5k | €17k | €15k | €14k | ▼ 9.6% |
| Amounts receivable within one year40/41 | €15k | €331 | €11k | €6k | €9k | ▲ 46.9% |
| Trade receivables40 | €15k | €0 | €5k | €2k | €8k | ▲ 276% |
| Other amounts receivable41 | €687 | €331 | €5k | €4k | €280 | ▼ 92.4% |
| Current investments50/53 | €2 | €2 | €2 | €2 | €2 | = |
| Cash at bank and in hand54/58 | €4k | €2k | €5k | €6k | €1k | ▼ 79.6% |
| Deferred charges and accrued income490/1 | €3k | €3k | €2k | €4k | €4k | ▲ 8.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99k | €88k | €132k | €171k | €149k | ▼ 12.9% |
| Equity10/15 | €39k | €52k | €62k | €65k | €48k | ▼ 25.1% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €26k | €40k | €49k | €52k | €42k | ▼ 19.5% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Distributable reserves133 | €25k | €38k | €48k | €52k | €42k | ▼ 19.5% |
| Profit (loss) carried forward14 | €0 | - | - | - | €-6k | - |
| Amounts payable17/49 | €61k | €36k | €70k | €107k | €101k | ▼ 5.5% |
| Amounts payable after more than one year17 | €13k | €8k | €6k | €38k | €27k | ▼ 27.9% |
| Financial debts170/4 | €13k | €8k | €6k | €38k | €27k | ▼ 27.9% |
| Amounts payable within one year42/48 | €48k | €28k | €64k | €69k | €73k | ▲ 6.4% |
| Current portion of amounts payable after more than one year42 | €5k | €5k | €2k | €10k | €11k | ▲ 4.0% |
| Financial debts43 | - | €84 | €79 | €322 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €84 | €79 | €322 | €0 | ▼ 100% |
| Trade debts44 | €5k | €2k | €2k | €3k | €1k | ▼ 61.3% |
| Suppliers440/4 | €5k | €2k | €2k | €3k | €1k | ▼ 61.3% |
| Taxes, remuneration and social security45 | €7k | €6k | €6k | €5k | €5k | ▼ 15.5% |
| Taxes450/3 | €5k | €6k | €5k | €2k | €3k | ▲ 107% |
| Remuneration and social security454/9 | €2k | €0 | €2k | €4k | €1k | ▼ 64.2% |
| Other amounts payable47/48 | €31k | €15k | €53k | €51k | €57k | ▲ 13.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €200 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €13k | €10k | €3k | €-16k | ▼ 678% |
| + Depreciation and write-downs630 | €14k | €21k | €30k | €36k | €35k | ▼ 3.9% |
| Operating cash flow (approximation) | €26k | €34k | €40k | €39k | €19k | ▼ 52.2% |
| Investment in fixed assets (approximation) | - | €-27k | €-62k | €-78k | €-14k | ▲ 81.6% |
| Change in cash | - | €-3k | €3k | €1k | €-5k | ▼ 478% |
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
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €13k ▲8%
Operating result €18k, net result €13k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €554
Net result €554 after one loss-making year.
04-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
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 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, Gent · 1 establishment unit since 2012
Ground area
117 m²
Parcel 44021A3678/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
brightside
since 20122.212.209.912
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A3678/00G000 | Flanders | 117 m² | - | - |
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.
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Of 2,855 companies in sector 18130 we hold annual accounts for 832. 686 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
Founded16-07-2012
Fiscal year end30-09
Activities, NACEBEL 2025
18130Pre-press and pre-media services
58190Other publishing activities, excluding software publishing
73110Advertising agencies
74201Photography, excluding press photography
74202Other professional, scientific and technical activities
74209Other photographic activities
Scores and ratios are computed by Checked and are not a credit decision.