D-SIDE
ActiveSummary
D-SIDE has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.8m and a net result of €1.2m. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 33% of 1,164 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-06-2000 Normal situation
- Registered office
- 21 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Organisation of conventions and trade shows NACE 82300and 1 other
- Joint committees
- 126 Paritair Comité voor de stoffering en de houtbewerking
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment units
- 2.123.324.951 1140 Evere, since 02-08-2000
- 2.241.286.354 1301 Wavre, since 01-01-2008and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Board and ownership
Board
- Next-IDManaging director
- RESULTHINKManaging director
- CAPITAL BOOOSTERDirector · since 29-06-2018
- Auditor
- Danielle Quivy
Shareholders
- D - SIDE COMMUNICATION GROUP100%annual accounts 2025
- Holdings
- Shares in 2 companies Rental Europe Frame and CITIZENFUND
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Turnover
- €23.6m
- ▼ 11.2%
- Profit
- €1.2m
- ▼ 11.6%
- Equity
- €3.8m
- ▲ 32.6%
- Total assets
- €13.4m
- ▲ 18.7%
- Employees on 31-12-2025
- 26
- ▼ 7.1%
- 2025 accounts filed 81 days after the deadline
Score breakdownraises riskLast filed accounts filed 81 days late; 1 of the last 3 accounts lateLiquidity: current ratio 1.63, cash €802,119, halvedlowers riskFounded in 2000Size: turnover €23.6m, 25.3 FTE, total assets €13.4mShow the evidence
Checked score
Score 2025
85
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 40% of small companies in office administrative support (NACE 82)
Financial strength · tick: 2024
Average
Solvency
53+3
equity 28.4% of total assets
Liquidity
27-25
short-term debt 59.1% · cash 6.0%
Profitability
69-3
return on assets 9.0%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.5 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.3%▲ +0.2 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €320,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.63 (2.0 in 2024), above the usual 1.5. Short-term debt is 59.1% and cash 6% of total assets. However, 71.6% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, small). It does better than 37% of them on solvency, 17% on liquidity, 54% on profitability and 54% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-10-2026, 81 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
81 days late
2024
on the day
2023
5 days early
2022
11 days early
2021
9 days early
2020
26 days early
2019
105 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
2025 annual accounts filed 81 days after the deadline Filed on 20 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00565762.
Annual accounts 2025 filed on 20-10-2026 at the NBB all 26 filings
Turnover
€23.6m▼ 11.2%
2024 · €26.6m
EBIT margin
6.2%▼ 0.4pp
2024 · 6.6%
Net result
€1.2m▼ 11.6%
2024 · €1.4m
Working capital
€5.0m▼ 8.7%
2024 · €5.4m
In the rankings
#3 company by total assets in Evere, Administrative and support services sector#4 company by equity in Evere, Administrative and support services sector
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 16% lower than in 2024.
Turnover€23.6m
2025
Operating result€1.5m
2025
Net result€1.2m
2025
Total assets€13.4m
2025
Equity€3.8m
2025
Debt€9.6m
2025
Working capital€5.0m
2025
EBIT margin6.2%
2025
Return on assets (ROA)9.0%
2025
Solvency28.4%
2025
Current ratio1.63
2025
Staff (FTE)25.3
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€17.4m-€16.6m▼ 4.6%€10.7m▼ 35.3%€15.9m▲ 48.0%€21.5m▲ 35.0%€22.5m▲ 4.8%€26.6m▲ 18.0%€23.6m▼ 11.2%
Operating result€1.4m-€1.1m▼ 17.3%€0.3m▼ 72.1%€0.7m▲ 126%€1.0m▲ 45.8%€1.2m▲ 18.9%€1.7m▲ 41.2%€1.5m▼ 16.3%
Net result€1.0m-€0.9m▼ 14.1%€0.3mabove the sector's middle half▼ 67.6%€0.6mabove the sector's middle half▲ 107%€0.8mabove the sector's middle half▲ 36.3%€1.0mabove the sector's middle half▲ 21.1%€1.4mabove the sector's middle half▲ 40.6%€1.2mabove the sector's middle half▼ 11.6%
EBIT margin7.8%-6.8%▼ 1.0pp2.9%▼ 3.9pp4.5%▲ 1.6pp4.8%▲ 0.4pp5.5%▲ 0.6pp6.6%▲ 1.1pp6.2%▼ 0.4pp
Equity€4.5m-€1.5m▼ 66.2%€1.6mwithin the sector's middle half▲ 2.3%€1.9mwithin the sector's middle half▲ 21.7%€2.5mabove the sector's middle half▲ 29.1%€1.8mwithin the sector's middle half▼ 27.6%€2.9mabove the sector's middle half▲ 61.5%€3.8mwithin the sector's middle half▲ 32.6%
Total assets€9.2m-€10.8m▲ 17.8%€8.2mabove the sector's middle half▼ 24.2%€8.2mabove the sector's middle half▼ 0.7%€8.0mabove the sector's middle half▼ 2.0%€9.1mabove the sector's middle half▲ 13.3%€11.3mabove the sector's middle half▲ 24.5%€13.4mabove the sector's middle half▲ 18.7%
Debt€4.7m-€9.3m▲ 99.1%€6.7m▼ 28.6%€6.3m▼ 5.9%€5.5m▼ 11.4%€7.3m▲ 31.4%€8.4m▲ 15.4%€9.6m▲ 14.0%
Working capital€5.4m-€2.7m▼ 50.2%€3.0mabove the sector's middle half▲ 10.9%€3.0mabove the sector's middle half▲ 0.8%€3.5mabove the sector's middle half▲ 17.5%€3.4mabove the sector's middle half▼ 3.2%€5.4mabove the sector's middle half▲ 59.4%€5.0mabove the sector's middle half▼ 8.7%
Solvency49.1%-14.1%▼ 35.1pp19.0%within the sector's middle half▲ 4.9pp23.3%within the sector's middle half▲ 4.3pp30.7%within the sector's middle half▲ 7.4pp19.6%within the sector's middle half▼ 11.1pp25.4%within the sector's middle half▲ 5.8pp28.4%within the sector's middle half▲ 3.0pp
Current ratio2.57-1.35▼ 1.231.62within the sector's middle half▲ 0.271.62within the sector's middle half▲ 0.011.86within the sector's middle half▲ 0.231.65within the sector's middle half▼ 0.212.00within the sector's middle half▲ 0.351.63within the sector's middle half▼ 0.37
Return on assets (ROA)11.1%-8.1%▼ 3.0pp3.5%within the sector's middle half▼ 4.6pp7.2%within the sector's middle half▲ 3.8pp10.0%above the sector's middle half▲ 2.8pp10.7%above the sector's middle half▲ 0.7pp12.1%above the sector's middle half▲ 1.4pp9.0%within the sector's middle half▼ 3.1pp
Staff (FTE)29.5-31.3▲ 6.1%31.6above the sector's middle half▲ 1.0%30.6above the sector's middle half▼ 3.2%32.8above the sector's middle half▲ 7.2%30above the sector's middle half▼ 8.5%28.3above the sector's middle half▼ 5.7%25.3above the sector's middle half▼ 10.6%
above
within
below
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.4m
Fixed assets
€493,830 ▲ 35.1%
Current assets
€12.9m ▲ 18.1%
Equity and liabilities €13.4m
Equity
€3.8m ▲ 32.6%
Debt
€9.6m ▲ 14.0%
Debt's share of the balance-sheet total falls from 74.6% to 71.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.6m▼
2024 · €1.8m
Cash flow
€1.3m▼
2024 · €1.5m
Debt to equity
2.52▼
2024 · 2.93
ROE
31.8%▼
2024 · 47.7%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€7.9m▲
2024 · €5.5m
Debt > 1 year
€26,745▼
2024 · €53,088
Income taxes
€363,601▼
2024 · €430,727
Customer credit
83 days▲
2024 · 81 days
Supplier credit
118 days▲
2024 · 74 days
Staff costs
€1.5m▼
2024 · €1.6m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 35 | 32 | 32 | 28 | 26 |
| full-time | 34 | 30 | 30 | 25 | 24 |
| part-time | 1 | 2 | 2 | 3 | 2 |
| in full-time equivalents | 34.8 | 31.4 | 31.4 | 27 | 25.6 |
| Average over the year, in full-time equivalents | 30.6 | 32.8 | 30 | 28.3 | 25.3 |
| On a permanent contract | 35 | 32 | 32 | 26 | 24 |
| Joined | 10 | 7 | 7 | 25 | 25 |
| Left | 6 | 10 | 10 | 20 | 27 |
| Training hours | - | - | - | 224 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €98,626 | €96,580 | - | - | - |
| Pledge on other assets, amount secured | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m |
| Guarantees given for others' debts | €30,000 | €30,000 | €30,000 | €30,000 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €38,330 | €127,850 | €127,787 | €74,943 | €128,748 |
| Intangible fixed assets | - | - | - | - | €126,628 |
| Financial fixed assets | €11,236 | - | - | - | €25,000 |
| Depreciation and write-downs of the year | €105,139 | €95,418 | €91,363 | €96,912 | €136,818 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €5,203 | €5,416 | €5,522 | €5,632 | €5,801 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €16.2m | €21.7m | €22.8m | €26.9m | €23.9m | ▼ 11.3% |
| Turnover70 | €17.4m | €16.6m | €10.7m | €15.9m | €21.5m | €22.5m | €26.6m | €23.6m | ▼ 11.2% |
| Other operating income74 | - | - | - | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 22.5% |
| Non-recurring operating income76A | - | - | - | €0.07m | €0.03m | €0.02m | €0.007m | €0.008m | ▲ 24.6% |
| Operating charges60/66A | - | - | - | €15.5m | €20.7m | €21.5m | €25.2m | €22.4m | ▼ 10.9% |
| Goods for resale, raw materials and consumables60 | - | - | - | €11.5m | €16.1m | €17.0m | €20.7m | €18.2m | ▼ 12.1% |
| Purchases600/8 | - | - | - | €11.5m | €16.1m | €17.0m | €20.7m | €18.2m | ▼ 12.1% |
| Services and other goods61 | - | - | - | €2.0m | €2.1m | €2.4m | €2.8m | €2.6m | ▼ 7.4% |
| Remuneration, social security and pensions62 | - | - | - | €1.8m | €2.2m | €2.0m | €1.6m | €1.5m | ▼ 5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.09m | €0.08m | €0.1m | €0.1m | €0.1m | €0.09m | €0.1m | €0.1m | ▲ 41.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.001m | -€124 | -€0.003m | - | €0.008m | - |
| Other operating charges640/8 | - | - | - | €0.04m | €0.04m | €0.06m | €0.06m | €0.04m | ▼ 33.7% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.01m | - | €0.003m | - |
| Operating profit (loss)9901 | €1.4m | €1.1m | €0.3m | €0.7m | €1.0m | €1.2m | €1.7m | €1.5m | ▼ 16.3% |
| Financial income75/76B | - | - | - | €0.01m | €0.02m | €0.01m | €0.06m | €0.1m | ▲ 105% |
| Recurring financial income75 | €0.03m | €0.05m | €0.03m | €0.01m | €0.02m | €0.01m | €0.06m | €0.1m | ▲ 105% |
| Income from financial fixed assets750 | - | - | - | €0.002m | €0.004m | €0.002m | €0.05m | €0.1m | ▲ 145% |
| Income from current assets751 | - | - | - | €0.001m | - | - | - | - | - |
| Other financial income752/9 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.002m | ▼ 80.1% |
| Financial charges65/66B | - | - | - | €0.03m | €0.02m | €0.004m | €0.01m | €0.02m | ▲ 70.5% |
| Recurring financial charges65 | €0.04m | €0.03m | €0.03m | €0.03m | €0.01m | €0.02m | €0.01m | €0.02m | ▲ 70.5% |
| Debt charges650 | €0.02m | €0.01m | €0.02m | €0.02m | €0.003m | €0.003m | €0.005m | €0.01m | ▲ 162% |
| Other financial charges652/9 | - | - | - | €0.007m | €0.009m | €0.01m | €0.007m | €0.007m | ▲ 1.3% |
| Non-recurring financial charges66B | - | - | - | - | €0.01m | -€0.01m | - | - | - |
| Profit (loss) for the period before taxes9903 | €1.4m | €1.2m | €0.3m | €0.7m | €1.0m | €1.2m | €1.8m | €1.6m | ▼ 12.5% |
| Income taxes67/77 | €0.3m | €0.3m | €0.03m | €0.1m | €0.2m | €0.3m | €0.4m | €0.4m | ▼ 15.6% |
| Taxes670/3 | - | - | - | €0.1m | €0.2m | €0.3m | €0.4m | €0.4m | ▼ 15.6% |
| Profit (loss) for the period9904 | €1.0m | €0.9m | €0.3m | €0.6m | €0.8m | €1.0m | €1.4m | €1.2m | ▼ 11.6% |
| Profit (loss) for the period to be appropriated9905 | €1.0m | €0.9m | €0.3m | €0.6m | €0.8m | €1.0m | €1.4m | €1.2m | ▼ 11.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €9.2m | €10.8m | €8.2m | €8.2m | €8.0m | €9.1m | €11.3m | €13.4m | ▲ 18.7% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.4m | €0.3m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 35.1% |
| Intangible fixed assets21 | - | - | - | - | - | - | - | €0.1m | - |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 0.6% |
| Land and buildings22 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.05m | €0.06m | €0.04m | €0.03m | ▼ 31.1% |
| Furniture and vehicles24 | - | - | - | €0.08m | €0.05m | €0.1m | €0.1m | €0.2m | ▲ 19.1% |
| Other tangible fixed assets26 | - | - | - | €0.08m | €0.1m | €0.09m | €0.06m | €0.05m | ▼ 16.8% |
| Financial fixed assets28 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 23.8% |
| Other financial fixed assets284/8 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 23.8% |
| Shares284 | - | - | - | €0.02m | €0.005m | €0.005m | €0.005m | €0.03m | ▲ 481% |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Current assets29/58 | €8.8m | €10.4m | €7.8m | €7.8m | €7.6m | €8.7m | €10.9m | €12.9m | ▲ 18.1% |
| Amounts receivable within one year40/41 | €6.0m | €7.0m | €2.5m | €5.9m | €7.0m | €8.0m | €8.3m | €11.7m | ▲ 41.2% |
| Trade receivables40 | - | - | - | €5.3m | €6.4m | €6.7m | €5.9m | €5.4m | ▼ 8.0% |
| Other amounts receivable41 | - | - | - | €0.6m | €0.6m | €1.3m | €2.4m | €6.3m | ▲ 162% |
| Cash at bank and in hand54/58 | €2.4m | €3.0m | €4.5m | €1.6m | €0.5m | €0.5m | €2.4m | €0.8m | ▼ 66.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.3m | €0.2m | €0.2m | €0.3m | €0.4m | ▲ 46.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €9.2m | €10.8m | €8.2m | €8.2m | €8.0m | €9.1m | €11.3m | €13.4m | ▲ 18.7% |
| Equity10/15 | €4.5m | €1.5m | €1.6m | €1.9m | €2.5m | €1.8m | €2.9m | €3.8m | ▲ 32.6% |
| Contributions10/11 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Capital10 | - | - | - | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Issued capital100 | - | - | - | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Legal reserve130 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Distributable reserves133 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Profit (loss) carried forward14 | €3.1m | €0.08m | €0.1m | €0.4m | €1.0m | €0.3m | €1.4m | €2.4m | ▲ 65.9% |
| Amounts payable17/49 | €4.7m | €9.3m | €6.7m | €6.3m | €5.5m | €7.3m | €8.4m | €9.6m | ▲ 14.0% |
| Amounts payable after more than one year17 | €0.06m | €0.04m | €0.05m | €0.03m | €0.02m | €0.04m | €0.05m | €0.03m | ▼ 49.6% |
| Financial debts170/4 | - | - | - | €0.03m | €0.02m | €0.04m | €0.05m | €0.03m | ▼ 49.6% |
| Credit institutions173 | - | - | - | €0.03m | €0.02m | €0.04m | €0.05m | €0.03m | ▼ 49.6% |
| Amounts payable within one year42/48 | €3.4m | €7.7m | €4.8m | €4.8m | €4.1m | €5.2m | €5.5m | €7.9m | ▲ 44.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.02m | €0.03m | €0.03m | ▼ 2.3% |
| Trade debts44 | €2.6m | €3.5m | €2.1m | €3.6m | €2.7m | €4.1m | €4.2m | €5.9m | ▲ 40.4% |
| Suppliers440/4 | - | - | - | €3.6m | €2.7m | €4.1m | €4.2m | €5.9m | ▲ 40.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.4m | €0.7m | €0.9m | €0.9m | €1.1m | ▲ 26.4% |
| Taxes450/3 | - | - | - | €0.2m | €0.4m | €0.7m | €0.7m | €0.9m | ▲ 25.1% |
| Remuneration and social security454/9 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 30.7% |
| Other amounts payable47/48 | - | - | - | €0.7m | €0.6m | €0.3m | €0.3m | €0.9m | ▲ 154% |
| Accrued charges and deferred income492/3 | - | - | - | €1.4m | €1.4m | €2.0m | €2.9m | €1.6m | ▼ 43.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.0m | €0.9m | €0.3m | €0.6m | €0.8m | €1.0m | €1.4m | €1.2m | ▼ 11.6% |
| + Depreciation and write-downs630 | €0.09m | €0.08m | €0.1m | €0.1m | €0.1m | €0.09m | €0.1m | €0.1m | ▲ 41.2% |
| Operating cash flow (approximation) | €1.1m | €1.0m | €0.4m | €0.7m | €0.9m | €1.1m | €1.5m | €1.3m | ▼ 8.1% |
| Investment in fixed assets (approximation) | - | -€0.1m | -€0.09m | -€0.05m | -€0.1m | -€0.1m | -€0.07m | -€0.3m | ▼ 290% |
| Change in cash | - | €0.5m | €1.6m | -€2.9m | -€1.1m | €0.004m | €1.9m | -€1.6m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,613 companies had the same profile as D-SIDE has now. Two years later, 0.7% had gone bankrupt and 97.3% were still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.0%
stopped otherwise
97.3%
was still going
That fits the bankruptcy probability of D-SIDE itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,613 companies, not a prediction for D-SIDE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 20-10-2026 | 2026-00565762 | |
| 31-12-2024 | full format | 31-07-2025 | 2025-00355823 | |
| 31-12-2023 | full format | 26-07-2024 | 2024-00307055 | |
| 31-12-2022 | full format | 20-07-2023 | 2023-00263421 | |
| 31-12-2021 | full format | 22-07-2022 | 2022-20218612 | |
| 31-12-2020 | full format | 05-07-2021 | 2021-31200259 | |
| 31-12-2019 | full format | 13-11-2020 | 2020-70500449 | |
| 31-12-2018 | full format | 08-07-2019 | 2019-30400314 | |
| 31-12-2017 | full format | 13-07-2018 | 2018-34000401 | |
| 31-12-2016 | full format | 06-07-2017 | 2017-29500166 |
Board & ownership
Directors
Directors
2 directors, 2 in day-to-day management
Board 2
CAPITAL BOOOSTER
Current
Director · since 29-06-2018 · 6-year term from 2026 · Legal entity · listed in the 2025 annual accounts, filed on 20-10-2026
RESULTHINK srl - Sebastien LOB
Current
Director · since 29-06-2018 · Legal entity · listed in the 2025 annual accounts, filed on 20-10-2026
Day-to-day management 2
Next-ID
Current
Managing director · in office according to the act of 11-09-2026 · 6-year term from 2026 · Legal entity
RESULTHINK
Current
Managing director · in office according to the act of 11-09-2026 · 6-year term from 2026 · Legal entity
Statutory auditor 1
Danielle Quivy
Current
Auditor · since 11-08-2021 · 3-year term from 2026 · listed in the 2025 annual accounts, filed on 20-10-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 20: Vertegenwoordiging van de vennootschap Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij…”
deed of 20-12-2023Owners and capital
Shareholders
1 ownerChain of control
- D - SIDE COMMUNICATION GROUP
- D-SIDE
Owners 1
- Equity €2.7m Profit of €1.0m in 2025 (profit of €171,085 in 2024)100%
Former owners (1)
-
50%
Capital transactions
Capital over time
- 20-12-2023 Capital stated in the deed · €1,250,174.86 · 1,010 shares
Mandate history
5 people, 5 in office
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| RESULTHINK srl - Sebastien LOB |
|
| CAPITAL BOOOSTER |
|
| Next-ID |
|
| RESULTHINK |
|
| Danielle Quivy |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “6 jaar, 3”
Articles of association, deed of 20-12-2023 (in Dutch)
Network & group
Part of the group
D - SIDE COMMUNICATION GROUP
10 companies
Group, risk and exposure
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 2025
- Rental Europe FrameLUEquity €123,043Result -€6,3245%
- Equity €517,637 Loss of €2,680 in 2025 (loss of €38,295 in 2024)3%
Connections & network
2 current directorsThe network starts from the directors of D-SIDE. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
20-10
full format · 81 days late
11-09
Gazette deed
Reappointments: Next-ID, Resulthink and 2 others9 points ▸
Gazette deed
Reappointments: Next-ID, Resulthink and 2 others
9 points ▸
- Board composition, Emmanuel Andries (représentant de next id)
- Board composition, Emmanuel Andries (représentant de capital boooster)
- General meeting, 15-07-2024
- Director reappointment, Next-ID (managing director)
- Director reappointment, Resulthink (managing director)
- Director reappointment, Capital Boooster (director)
- Board composition, Sébastien Lob (représentant de resulthink)
- Other provision, “révocation de tout autre mandat ou présidence du conseil” (deed in French)
- Auditor reappointment, Danielle Quivy
2025
31-07
full format · on the deadline day
2024
31-12
Financial
Highest result from 2018 to 2025net €1.4m ▲40.6%
The operating result of €1.7m and the net result of €1.4m are both a record.
31-12
Financial
Equity above €2mequity €2.9m ▲61.5%
With a profit in every financial year since 2018, equity grows to €2.9m.
26-07
full format · 5 days before the deadline
2023
20-12
Gazette deed
Amendment of the articlesCapital3 points ▸
Gazette deed
Amendment of the articles
Capital3 points ▸
- General meeting, 08-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €1,250,174.86
20-07
full format · 11 days before the deadline
2022
31-12
Financial
Equity above €2mequity €2.5m ▲29.1%
With a profit in every financial year since 2018, equity grows to €2.5m.
22-07
full format · 9 days before the deadline
2021
05-07
full format · 26 days before the deadline
2020
31-12
Financial
Weakest financial yearnet €284,553 ▼67.6%
The net result drops to €284,553, the lowest from 2018 to 2025. It recovers the following year.
Show earlier events
13-11
full format · 105 days late
2019
08-07
full format · 23 days before the deadline
2018
13-07
full format · 18 days before the deadline
2017
06-07
full format · 25 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.An act published in both Dutch and French appears here once.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
D-SIDE in French
Enterprise number
0472.232.523
Legal form
Public limited company
Status
Active, normale toestand
Founded
29-06-2000
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-12-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest of Brussels Hoofdstedelijk Gewest, bij enkel besluit bestuursorgaan administratieve…”
deed of 20-12-2023 (in Dutch)Registered office and establishments
Registered office
L. Mommaertslaan 24, 1140 Evere, Belgium
Establishment units
D-SIDE, L. Mommaertslaan 24, 1140 Evere since 02-08-2000 · unit number 2.123.324.951
D-SIDE, Rue Provinciale 243 A, 1301 Wavre since 01-01-2008 · unit number 2.241.286.354
D-SIDE, Dorpsstraat(STE) 45, 9190 Stekene since 01-10-2017 · unit number 2.305.520.942
Activities
NACEBEL 2025VAT activities
82300
Organisation of conventions and trade shows main activity
70200
Business and other management consultancy
Social security (RSZ) activities
82300
Organisation of conventions and trade shows main activity
Codes under NACEBEL 2008
VAT activities
82300
Organisation of conventions and trade shows main activity
70220
Business consulting
Social security (RSZ) activities
82300
Organisation of conventions and trade shows main activity
Codes under NACEBEL 2003
VAT activities
74872
main activity
74142
Social security (RSZ) activities
74872
main activity
Joint committees
126 Paritair Comité voor de stoffering en de houtbewerking
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
Invoicing and payment
VAT number
BE 0472.232.523
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of April at 10:30
deed of 20-12-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the addresses
Ground area
2,237 m²
Building footprint
866 m²
Building volume
7,412 m³
Tallest building: 13.2 m.
Flanders
1
(33.3%)
Wallonia
1
(33.3%)
Brussels
1
(33.3%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21372C0121/00F004 | Brussels | 1,047 m² | 1 · 538 m² | 13.1 m · 4 |
| 25006C0320/00S000 | Wallonia | 772 m² | 1 · 237 m² | 5.9 m · 2 |
| 46024A1109/02H000 | Flanders | 418 m² | 1 · 91 m² | 13.2 m · 3 |