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DSide

Active
Private limited companyfounded 201214 yrs activeRue de l'Institut 80, 4670 Blégny, BelgiumKBO/BCE: BE 0844.037.382
Summary

The computed 12-month bankruptcy probability of DSide is 2.1% (moderate). The 2025 annual accounts show negative equity (-€115,188) and a net result of -€52,935. Equity is shrinking by ~24.9% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-27
Solvency0▼-6
Growth32=
Track record92
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.12 against 1.85 in 2024; short-term debt: 47.3% and cash: 0% of total assets), but equity is negative.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
-34.8%
Return on assets
-16%
Age of the figures
9 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€115,188
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
29 d late
2023
201 d late
2022
31 d early
2021
31 d late
2020
2 d early
2019
179 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 57 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Checked, nothing found (1)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline

History

DSide was incorporated on 29 February 2012.1 Total assets went from EUR 346,126 in 2018 to EUR 331,348 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€52,935▼ 275%
2024 · -€14,121
Working capital
€174,689▲ 14.7%
2024 · €152,277
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€2,393€48,950▲ 1,945%-€13,462-€6,000▲ 55.4%-€34,914▼ 482%
Net result-€9,546▲ 40.0%€36,840-€22,564-€14,121▲ 37.4%-€52,935▼ 275%
Equity-€62,407▼ 18.1%-€25,568▲ 59.0%-€48,132▼ 88.3%-€62,253▼ 29.3%-€115,188▼ 85.0%
Total assets€337,216▼ 5.4%€357,645▲ 6.1%€343,857▼ 3.9%€331,845▼ 3.5%€331,348▼ 0.1%
Debt€399,624▼ 2.4%€383,213▼ 4.1%€391,989▲ 2.3%€394,099▲ 0.5%€446,537▲ 13.3%
Working capital€277,593▼ 3.4%€253,333▼ 8.7%€199,003▼ 21.4%€152,277▼ 23.5%€174,689▲ 14.7%
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000Operating result 2021: €2,393€2,393Net result 2021: -€9,546-€9,546Operating result 2022: €48,950€48,950Net result 2022: €36,840€36,840Operating result 2023: -€13,462-€13,462Net result 2023: -€22,564-€22,564Operating result 2024: -€6,000-€6,000Net result 2024: -€14,121-€14,121Operating result 2025: -€34,914-€34,914Net result 2025: -€52,935-€52,93520212022202320242025-€60,000-€40,000-€20,000€0Operating result 2023: -€13,462-€13,500Net result 2023: -€22,564-€22,600Operating result 2024: -€6,000-€6,000Net result 2024: -€14,121-€14,100Operating result 2025: -€34,914-€34,900Net result 2025: -€52,935-€52,900202320242025
The operating result stays negative: a loss of €34,914 in 2025 against €6,000 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
2025 value · change against 2024
Solvency
-34.8%▼
2024 · -18.8%
Current ratio
2.12▲
2024 · 1.85
Quick ratio
0.00▼
2024 · 0.00
Debt to equity
-3.88▲
2024 · -6.33
ROA
-16.0%▼
2024 · -4.3%
Debt ≤ 1 year
€156,659▼
2024 · €179,568
Debt > 1 year
€289,877▲
2024 · €214,531
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.5% went bankrupt
8.1% stopped otherwise
85% still going

A further 1.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,943 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€331,845€331,348▼
Current assets29/58€331,845€331,348▼
Stocks and contracts in progress3€331,297€331,297=
Stocks30/36€331,297€331,297=
Cash at bank and in hand54/58€548€51▼
Equity and liabilities
Total equity and liabilities10/49€331,845€331,348▼
Equity10/15-€62,253-€115,188▼
Contributions10/11€18,600€18,600=
Outside capital11€18,600€18,600=
Other1109/19€18,600€18,600=
Profit (loss) carried forward14-€80,853-€133,788▼
Amounts payable17/49€394,099€446,537▲
Amounts payable after more than one year17€214,531€289,877▲
Financial debts170/4€214,531€289,877▲
Amounts payable within one year42/48€179,568€156,659▼
Current portion of amounts payable after more than one year42€32,604-
Trade debts44€384€384=
Suppliers440/4€384€384=
Other amounts payable47/48€146,579€156,275▲
Income statement Code20242025
Other operating charges640/8-€20,448
Gross operating margin9900-€6,000-€14,466▼
Operating profit (loss)9901-€6,000-€34,914▼
Financial charges65/66B€8,121€18,021▲
Recurring financial charges65€8,121€18,021▲
Profit (loss) for the period before taxes9903-€14,121-€52,935▼
Profit (loss) for the period9904-€14,121-€52,935▼
Profit (loss) for the period to be appropriated9905-€14,121-€52,935▼
Appropriation of the result
Profit (loss) to be appropriated9906-€80,853-€133,788▼
Profit (loss) brought forward from the previous period14P-€66,732-€80,853▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€11,192€10,992€12,779-€20,448-
Gross operating margin9900€13,585€59,942-€683-€6,000-€14,466▼ 141%
Operating profit (loss)9901€2,393€48,950-€13,462-€6,000-€34,914▼ 482%
Financial income75/76B€1-----
Recurring financial income75€1-----
Financial charges65/66B€11,940€12,110€9,103€8,121€18,021▲ 122%
Recurring financial charges65€11,940€12,110€9,103€8,121€18,021▲ 122%
Profit (loss) for the period before taxes9903-€9,546€36,840-€22,564-€14,121-€52,935▼ 275%
Profit (loss) for the period9904-€9,546€36,840-€22,564-€14,121-€52,935▼ 275%
Profit (loss) for the period to be appropriated9905-€9,546€36,840-€22,564-€14,121-€52,935▼ 275%
Line20212022202320242025Change
Assets
Total assets20/58€337,216€357,645€343,857€331,845€331,348▼ 0.1%
Current assets29/58€337,216€357,645€343,857€331,845€331,348▼ 0.1%
Stocks and contracts in progress3€331,297€331,297€331,297€331,297€331,297=
Stocks30/36€331,297€331,297€331,297€331,297€331,297=
Amounts receivable within one year40/41€700€26,170€12,170---
Trade receivables40€700€700€700---
Other amounts receivable41-€25,470€11,470---
Cash at bank and in hand54/58€3,990€178€389€548€51▼ 90.7%
Deferred charges and accrued income490/1€1,229-----
Equity and liabilities
Total equity and liabilities10/49€337,216€357,645€343,857€331,845€331,348▼ 0.1%
Equity10/15-€62,407-€25,568-€48,132-€62,253-€115,188▼ 85.0%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Outside capital11---€18,600€18,600=
Other1109/19---€18,600€18,600=
Profit (loss) carried forward14-€81,007-€44,168-€66,732-€80,853-€133,788▼ 65.5%
Amounts payable17/49€399,624€383,213€391,989€394,099€446,537▲ 13.3%
Amounts payable after more than one year17€340,000€278,901€247,135€214,531€289,877▲ 35.1%
Financial debts170/4€340,000€278,901€247,135€214,531€289,877▲ 35.1%
Amounts payable within one year42/48€59,624€104,312€144,853€179,568€156,659▼ 12.8%
Current portion of amounts payable after more than one year42-€34,193€35,710€32,604--
Trade debts44€700€700€14,824€384€384=
Suppliers440/4€700€700€14,824€384€384=
Other amounts payable47/48€58,924€69,419€94,319€146,579€156,275▲ 6.6%
Line20212022202320242025Change
Profit (loss) for the period9904-€9,546€36,840-€22,564-€14,121-€52,935▼ 275%
Operating cash flow (approximation)-€9,546€36,840-€22,564-€14,121-€52,935▼ 275%
Change in cash--€3,812€212€158-€497▼ 414%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€52,935
Net result drops to -€52,935, the lowest in the series.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
17-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 201 days late
2024
06-09
KBO administration Address struck
event 14-02-2024
2023
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €36,840
Net result €36,840 after 4 loss-making years.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
26-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 179 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
13-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 13 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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, Blégny · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
1,541 m²
Building footprint
364 m²
Volume, LiDAR
3,453 m³
2 parcels, Brussels, Wallonia · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
DSide
Werktuigkundestraat 29, 1070 AnderlechtReal estate activities
since 20122.208.113.740
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
62103B0134/00W000 Wallonia 1,427 m² 1 · 250 m² 10.4 m · 3 fl.
21306D0203/00F008 Brussels 114 m² 1 · 115 m² 15.9 m · 4 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded29-02-2012
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.