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INSIDE SD

Active
Private limited companyfounded 2020active for 6 yearsLindenlaan 9, 1702 Dilbeek, BelgiumKBO/BCE: BE 0741.814.329
Summary

The computed 12-month bankruptcy probability of INSIDE SD is 5.8% (elevated). The 2024 annual accounts show equity of €44,592 and a net result of €9,837. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 31% of 15,490 sector peers (NACE 46, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 13 October 2026.

Equity
€44,592▲ 28.3%
2023 · €34,755
Total assets
€301,413▲ 155%
2023 · €118,005
Net result
€9,837▼ 0.4%
2023 · €9,880
Working capital
€69,923▼ 14.7%
2023 · €81,955
Trend over the years

2020 to 2024, 5 financial years

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 29% above 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€15,120 2024 Net result€9,837 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20202021202220232024
Operating result€80,443--€40,525€4,791€11,738▲ 145%€15,120▲ 28.8%
Net result€62,633above the sector's middle half--€41,996below the sector's middle half€1,738within the sector's middle half€9,880within the sector's middle half▲ 468%€9,837within the sector's middle half▼ 0.4%
Equity€65,133within the sector's middle half-€23,137within the sector's middle half▼ 64.5%€24,875within the sector's middle half▲ 7.5%€34,755within the sector's middle half▲ 39.7%€44,592within the sector's middle half▲ 28.3%
Total assets€152,172within the sector's middle half-€155,728within the sector's middle half▲ 2.3%€133,061within the sector's middle half▼ 14.6%€118,005within the sector's middle half▼ 11.3%€301,413within the sector's middle half▲ 155%
Debt€87,039-€132,591▲ 52.3%€108,186▼ 18.4%€83,250▼ 23.0%€256,821▲ 208%
Working capital€51,328within the sector's middle half-€62,226within the sector's middle half▲ 21.2%€86,856within the sector's middle half▲ 39.6%€81,955within the sector's middle half▼ 5.6%€69,923within the sector's middle half▼ 14.7%
Solvency42.8%within the sector's middle half-14.9%within the sector's middle half▼ 27.9pp18.7%within the sector's middle half▲ 3.8pp29.5%within the sector's middle half▲ 10.8pp14.8%within the sector's middle half▼ 14.7pp
Current ratio1.85within the sector's middle half-2.02within the sector's middle half▲ 0.172.97within the sector's middle half▲ 0.953.30within the sector's middle half▲ 0.331.30within the sector's middle half▼ 1.99
Return on assets (ROA)41.2%above the sector's middle half--27.0%below the sector's middle half▼ 68.1pp1.3%within the sector's middle half▲ 28.3pp8.4%within the sector's middle half▲ 7.1pp3.3%within the sector's middle half▼ 5.1pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €301,413
Fixed assets €947 ▲ 162%
Current assets €300,466 ▲ 155%
Equity and liabilities €301,413
Equity €44,592 ▲ 28.3%
Debt €256,821 ▲ 208%
Debt's share of the balance-sheet total rises from 70.5% to 85.2%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€15,819▲
2023 · €12,099
Cash flow
€10,536▲
2023 · €10,241
Quick ratio
1.29▼
2023 · 3.30
Debt to equity
5.76▲
2023 · 2.40
ROE
22.1%▼
2023 · 28.4%
Interest coverage
4.08▼
2023 · 5.14
Debt ≤ 1 year
€230,542▲
2023 · €35,689
Debt > 1 year
€26,279▼
2023 · €47,561
Income taxes
€1,408▲
2023 · €177
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,274 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 94.6% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
2.5% went bankrupt
2.5% stopped otherwise
94.6% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 3,274 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 · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€118,005€301,413▲
Fixed assets21/28€361€947▲
Tangible fixed assets22/27€361€947▲
Plant, machinery and equipment23€361€947▲
Current assets29/58€117,644€300,466▲
Stocks and contracts in progress3-€3,987
Stocks30/36-€3,987
Amounts receivable within one year40/41€105,265€291,655▲
Trade receivables40€93,579€288,787▲
Other amounts receivable41€11,686€2,868▼
Cash at bank and in hand54/58€12,379€4,824▼
Equity and liabilities
Total equity and liabilities10/49€118,005€301,413▲
Equity10/15€34,755€44,592▲
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€32,255€42,092▲
Amounts payable17/49€83,250€256,821▲
Amounts payable after more than one year17€47,561€26,279▼
Financial debts170/4€47,561€26,279▼
Amounts payable within one year42/48€35,689€230,542▲
Current portion of amounts payable after more than one year42€16,385€17,450▲
Trade debts44€13,199€154,398▲
Suppliers440/4€13,199€154,398▲
Taxes, remuneration and social security45€6,106€2,653▼
Taxes450/3€6,106€2,653▼
Other amounts payable47/48-€56,042
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€361€699▲
Other operating charges640/8€434€387▼
Non-recurring operating charges66A€25-
Gross operating margin9900€12,559€16,206▲
Operating profit (loss)9901€11,738€15,120▲
Financial income75/76B€671€3▼
Recurring financial income75€671€3▼
Financial charges65/66B€2,353€3,879▲
Recurring financial charges65€2,353€3,879▲
Profit (loss) for the period before taxes9903€10,057€11,244▲
Income taxes67/77€177€1,408▲
Profit (loss) for the period9904€9,880€9,837▼
Profit (loss) for the period to be appropriated9905€9,880€9,837▼
Appropriation of the result
Profit (loss) to be appropriated9906€32,255€42,092▲
Profit (loss) brought forward from the previous period14P€22,375€32,255▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,703€10,559€361€361€699▲ 93.8%
Other operating charges640/8-€348€5,502€434€387▼ 10.8%
Non-recurring operating charges66A-€328-€25--
Gross operating margin9900€86,493-€29,291€10,653€12,559€16,206▲ 29.0%
Operating profit (loss)9901€80,443-€40,525€4,791€11,738€15,120▲ 28.8%
Financial income75/76B-€133€0€671€3▼ 99.5%
Recurring financial income75€1€133€0€671€3▼ 99.5%
Financial charges65/66B-€1,363€2,624€2,353€3,879▲ 64.9%
Recurring financial charges65€638€1,363€2,624€2,353€3,879▲ 64.9%
Profit (loss) for the period before taxes9903€79,805-€41,755€2,167€10,057€11,244▲ 11.8%
Income taxes67/77€17,172€241€429€177€1,408▲ 696%
Profit (loss) for the period9904€62,633-€41,996€1,738€9,880€9,837▼ 0.4%
Profit (loss) for the period to be appropriated9905€62,633-€41,996€1,738€9,880€9,837▼ 0.4%
Line20202021202220232024Change
Assets
Total assets20/58€152,172€155,728€133,061€118,005€301,413▲ 155%
Fixed assets21/28€40,494€32,317€2,022€361€947▲ 162%
Tangible fixed assets22/27€40,494€31,017€722€361€947▲ 162%
Plant, machinery and equipment23-€1,083€722€361€947▲ 162%
Furniture and vehicles24-€29,935----
Financial fixed assets28-€1,300€1,300---
Current assets29/58€111,678€123,411€131,039€117,644€300,466▲ 155%
Stocks and contracts in progress3----€3,987-
Stocks30/36----€3,987-
Amounts receivable within one year40/41€29,424€76,752€96,724€105,265€291,655▲ 177%
Trade receivables40-€75,488€95,777€93,579€288,787▲ 209%
Other amounts receivable41-€1,265€946€11,686€2,868▼ 75.5%
Cash at bank and in hand54/58€82,254€46,038€34,208€12,379€4,824▼ 61.0%
Deferred charges and accrued income490/1-€620€107---
Equity and liabilities
Total equity and liabilities10/49€152,172€155,728€133,061€118,005€301,413▲ 155%
Equity10/15€65,133€23,137€24,875€34,755€44,592▲ 28.3%
Contributions10/11-€2,500€2,500€2,500€2,500=
Profit (loss) carried forward14€62,633€20,637€22,375€32,255€42,092▲ 30.5%
Amounts payable17/49€87,039€132,591€108,186€83,250€256,821▲ 208%
Amounts payable after more than one year17€26,689€71,407€64,002€47,561€26,279▼ 44.7%
Financial debts170/4-€71,407€64,002€47,561€26,279▼ 44.7%
Amounts payable within one year42/48€60,350€61,184€44,184€35,689€230,542▲ 546%
Current portion of amounts payable after more than one year42-€15,787€19,722€16,385€17,450▲ 6.5%
Trade debts44€23,854€3,146€3,217€13,199€154,398▲ 1,070%
Suppliers440/4-€3,146€3,217€13,199€154,398▲ 1,070%
Taxes, remuneration and social security45-€20,367€4,632€6,106€2,653▼ 56.6%
Taxes450/3-€20,367€4,632€6,106€2,653▼ 56.6%
Other amounts payable47/48-€21,885€16,612-€56,042-
Line20202021202220232024Change
Profit (loss) for the period9904€62,633-€41,996€1,738€9,880€9,837▼ 0.4%
+ Depreciation and write-downs630€5,703€10,559€361€361€699▲ 93.8%
Operating cash flow (approximation)€68,336-€31,437€2,099€10,241€10,536▲ 2.9%
Investment in fixed assets (approximation)--€2,383€29,935€1,300-€1,286-
Change in cash--€36,216-€11,830-€21,829-€7,555▲ 65.4%

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

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2024 micro format 01-12-2025 2025-00573519
31-12-2023 micro format 16-07-2025 2025-00275358
31-12-2022 micro format 31-08-2023 2023-00392703
31-12-2021 micro format 31-08-2022 2022-20419853
31-12-2020 micro format 04-10-2021 2021-71000036

Similar companies · same sector, comparable size

Of the 6,003 active companies whose main activity is agents in non-specialised wholesale trade (NACE 46190), figures are known for 2,555. 1,894 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.