East Side Stories
ActiveSummary
The computed 12-month bankruptcy probability of East Side Stories is 2.7% (moderate). The 2024 annual accounts show equity of €31k and a net result of €8k. Equity is growing by ~42.2% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73=
Solvency37▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.42 in 2023; short-term debt: 11.9% and cash: 2.9% of total assets), and 87.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
12.3%
Return on assets
3.1%
Age of the figures
21 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
58 d early
2022
110 d early
2021
54 d early
2020
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€31k▲ 33.1%
2023 · €23k
2020: €8k
2021: €10k
2022: €15k
2023: €23k
2020 → 2024
Total assets
€254k▼ 2.0%
2023 · €259k
2020: €285k
2021: €273k
2022: €264k
2023: €259k
2020 → 2024
Net result
€8k▼ 7.5%
2023 · €8k
2020: €-22k
2021: €1k
2022: €6k
2023: €8k
2020 → 2024
Working capital
€-17k▲ 7.0%
2023 · €-18k
2020: €-17k
2021: €-25k
2022: €-22k
2023: €-18k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€8k-€10k▲ 12.8%€15k▲ 57.6%€23k▲ 55.7%€31k▲ 33.1%
Operating result€-17k-€5k€9k▲ 87.3%€12k▲ 34.8%€11k▼ 7.6%
Net result€-22k-€1k€6k▲ 407%€8k▲ 52.3%€8k▼ 7.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €254k
Fixed assets
€240k ▼ 2.3%
Current assets
€13k ▲ 5.0%
Equity and liabilities €254k
Equity
€31k ▲ 33.1%
Debt
€223k ▼ 5.5%
Debt's share of the balance-sheet total falls from 91.0% to 87.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22k▼
2023 · €23k
Cash flow
€19k▼
2023 · €19k
Current ratio
0.45▲
2023 · 0.42
Debt to equity
7.14▼
2023 · 10.05
ROE
24.9%▼
2023 · 35.8%
ROA
3.1%▼
2023 · 3.2%
Interest coverage
6.81▲
2023 · 6.00
Debt ≤ 1 year
€30k▼
2023 · €31k
Debt > 1 year
€187k▼
2023 · €201k
Income taxes
€254
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€259k€254k▼
Fixed assets21/28€246k€240k▼
Tangible fixed assets22/27€246k€240k▼
Land and buildings22€246k€240k▼
Current assets29/58€13k€13k▲
Amounts receivable within one year40/41€4k€4k▼
Trade receivables40€4k€4k▼
Other amounts receivable41-€46
Cash at bank and in hand54/58€6k€7k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€259k€254k▼
Equity10/15€23k€31k▲
Contributions10/11€30k€30k=
Reserves13-€1k
Distributable reserves133-€1k
Profit (loss) carried forward14€-7k€0▲
Amounts payable17/49€235k€223k▼
Amounts payable after more than one year17€201k€187k▼
Financial debts170/4€163k€149k▼
Other amounts payable178/9€38k€38k=
Amounts payable within one year42/48€31k€30k▼
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€1k€416▼
Suppliers440/4€1k€416▼
Other amounts payable47/48€15k€15k=
Accrued charges and deferred income492/3€3k€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€24k€23k▼
Operating profit (loss)9901€12k€11k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€8k€8k▼
Income taxes67/77-€254
Profit (loss) for the period9904€8k€8k▼
Profit (loss) for the period to be appropriated9905€8k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€1k▲
Profit (loss) brought forward from the previous period14P€-15k€-7k▲
Transfer to equity691/2-€1k
To other reserves6921-€1k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €8k ▲52.3%
Operating result €12k, net result €8k, both a record.
12-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2019
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.
Schuurstraat 419040 GentGround area
318 m²
Building footprint
80 m²
Volume, LiDAR
478 m³
Parcel 44432C0264/00H002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
East Side Stories
since 20192.296.286.443
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C0264/00H002 | Flanders | 318 m² | 1 · 80 m² | 10.5 m · 2 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2019
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:emmyeastsidestories@gmail.com