Checked.be
Active
BE 0809.403.830Private limited company (pre-2019)
EUROSIDE
Chemin des Pichoux 5 ·6851 Paliseul, Belgium· 17 yrs active
Conclusion
EUROSIDE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €113k and a net result of €-706. The computed 12-month bankruptcy probability is 1.4% (low).
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €113k |
| Net result | €-706 |
| Active | 17 yrs |
| Locations | 1 |
Financial profile
59
/ 100
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
62
Profitability
0
Solvency
100
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2009, 17 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
62
/ 100
Healthy
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€7k
estimate, not credit advice
Score history
65
2023
62
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 11.53 (≥ 1.5)
+10
Quick ratio
Quick ratio 11.53 (≥ 1.0)
+5
Leverage
Debt/equity 0.09 (< 1.0)
+10
Profitability
Negatieve ROE -1%
-10
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 02-06-2025 with the NBB · fiscal year 2024 · micro schema
€-706
-10.7%
23-24
€123k
-0.6%
23-24
€113k
-0.6%
23-24
€109k
-0.6%
23-24
€10k
0.0%
23-24
€10k
0.0%
23-24
11.53
-0.6%
23-24
11.53
-0.6%
23-24
91.6%
-0.1%
23-24
0.09
+0.6%
23-24
-0.6%
-11.4%
23-24
-0.6%
-11.4%
23-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 |
|---|---|---|
| Deposit | micro schema | micro schema |
| Revenue | - | - |
| EBITDA | - | - |
| Net profit | €-706 | €-637 |
| Cash flow | - | - |
| Staff costs | - | - |
| Income taxes | - | - |
| Dividends | - | - |
| Total assets | €123k | €124k |
| Equity | €113k | €113k |
| Debt | €10k | €10k |
| of which ≤ 1y | €10k | €10k |
| of which > 1y | - | - |
| Working capital | €109k | €110k |
| Employees (FTE) | - | - |
Ratios (computed)
| 2024 | 2023 | |
|---|---|---|
| Current ratio | 11.53 | 11.60 |
| Quick ratio | 11.53 | 11.60 |
| Working capital ratio | 88.8% | 88.9% |
| Solvency | 91.6% | 91.6% |
| Debt / equity | 0.09 | 0.09 |
| Long-term debt ratio | - | - |
| Interest coverage | - | - |
| Gross margin | - | - |
| Net margin | - | - |
| ROA | -0.6% | -0.5% |
| ROE | -0.6% | -0.6% |
| EBITDA margin | - | - |
| Days sales outstanding | - | - |
| Days payable outstanding | - | - |
| Inventory turnover | - | - |
| Days inventory (DSI) | - | - |
Balance-sheet composition 2024
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 |
|---|---|---|---|
| Balance sheet, Assets | |||
| TOTAL ASSETS | 20/58 | €123k | €124k |
| Fixed assets | 21/28 | €3k | €3k |
| Formation expenses | 20 | €0 | - |
| Tangible fixed assets | 22/27 | €1k | €1k |
| Financial fixed assets | 28 | €2k | €2k |
| Current assets | 29/58 | €120k | €120k |
| Amounts receivable within one year | 40/41 | €120k | €120k |
| Balance sheet, Equity & liabilities | |||
| TOTAL EQUITY & LIABILITIES | 10/49 | €123k | €124k |
| Equity | 10/15 | €113k | €113k |
| Contributions / capital | 10/11 | €6k | €6k |
| Reserves | 13 | €2k | €2k |
| Accumulated profits (losses) | 14 | €105k | €105k |
| Amounts payable | 17/49 | €10k | €10k |
| Amounts payable within one year | 42/48 | €10k | €10k |
| Trade debts payable within one year | 44 | €384 | €384 |
| Income statement | |||
| Gross operating margin | 9900 | €-706 | €-637 |
| Operating result | 9901 | €-706 | €-637 |
| Result before taxes | 9903 | €-706 | €-637 |
| Net result for the period | 9904 | €-706 | €-637 |
| Result to be appropriated | 9905 | €-706 | €-637 |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 28-01-2009 |
| Status | Active |
| Postal code | 6851 |
Establishment units
Olmstraat 13, 1040 Etterbeek
since 20092.175.957.844
Real-estate footprint
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84045A0699/00C000 | Wallonia | 1,571 m² | 1 · 267 m² | 7.7 m · 2 fl. |
| 21005A0494/00N000 | Brussels | 208 m² | 1 · 88 m² | 12.7 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 342 days late
2020
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 195 days late
2018
06-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 128 days late
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 141 days late
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 142 days late
NBB filing
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Names & trade names
| Legal nameFR | EUROSIDE |