iSide
ActiveSummary
iSide has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €233k and a net result of €23k. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 82% of 2279 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability79=
Solvency100▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 6.31 against 3.39 in 2023; short-term debt: 14.6% and cash: 74.4% of total assets), and 14.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-07-2025, 26 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
26 d early
2023
23 d late
2022
29 d early
2021
28 d early
2020
26 d early
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€233k▲ 10.1%
2023 · €212k
2018: €35klowest in 7 years
2019: €59k▲ +68.8% vs 2018
2020: €97k▲ +64.4% vs 2019
2021: €152k▲ +57.3% vs 2020
2022: €191k▲ +25.4% vs 2021
2023: €212k▲ +11.0% vs 2022
2024: €233k▲ +10.1% vs 2023highest in 7 years
2018 → 2024
Total assets
€273k▼ 5.3%
2023 · €288k
2018: €89klowest in 7 years
2019: €105k▲ +18.8% vs 2018
2020: €161k▲ +53.0% vs 2019
2021: €210k▲ +30.2% vs 2020
2022: €247k▲ +17.9% vs 2021
2023: €288k▲ +16.5% vs 2022highest in 7 years
2024: €273k▼ -5.3% vs 2023
2018 → 2024
Net result
€23k▲ 1.8%
2023 · €23k
2018: €31k
2019: €42k▲ +34.6% vs 2018
2020: €38k▼ -9.5% vs 2019
2021: €57k▲ +50.3% vs 2020highest in 7 years
2022: €40k▼ -29.3% vs 2021
2023: €23k▼ -43.9% vs 2022lowest in 7 years
2024: €23k▲ +1.8% vs 2023
2018 → 2024
Working capital
€211k▲ 17.4%
2023 · €180k
2018: €3klowest in 7 years
2019: €21k▲ +648% vs 2018
2020: €56k▲ +169% vs 2019
2021: €106k▲ +88.1% vs 2020
2022: €147k▲ +38.4% vs 2021
2023: €180k▲ +22.6% vs 2022
2024: €211k▲ +17.4% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€97k-€152k▲ 57.3%€191k▲ 25.4%€212k▲ 11.0%€233k▲ 10.1%
2020: €97klowest in 5 years
2021: €152k▲ +57.3% vs 2020
2022: €191k▲ +25.4% vs 2021
2023: €212k▲ +11.0% vs 2022
2024: €233k▲ +10.1% vs 2023highest in 5 years
Operating result€59k-€80k▲ 35.4%€63k▼ 20.9%€33k▼ 47.4%€33k▼ 0.2%
2020: €59k
2021: €80k▲ +35.4% vs 2020highest in 5 years
2022: €63k▼ -20.9% vs 2021
2023: €33k▼ -47.4% vs 2022
2024: €33k▼ -0.2% vs 2023lowest in 5 years
Net result€38k-€57k▲ 50.3%€40k▼ 29.3%€23k▼ 43.9%€23k▲ 1.8%
2020: €38k
2021: €57k▲ +50.3% vs 2020highest in 5 years
2022: €40k▼ -29.3% vs 2021
2023: €23k▼ -43.9% vs 2022lowest in 5 years
2024: €23k▲ +1.8% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 0% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €273k
Fixed assets
€22k ▼ 33.7%
Current assets
€251k ▼ 1.6%
Equity and liabilities €273k
Equity
€233k ▲ 10.1%
Debt
€40k ▼ 47.9%
Debt's share of the balance-sheet total falls from 26.5% to 14.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48k▲
2023 · €47k
Cash flow
€38k▲
2023 · €37k
Current ratio
6.31▲
2023 · 3.39
Debt to equity
0.17▼
2023 · 0.36
ROE
9.9%▼
2023 · 10.7%
ROA
8.4%▲
2023 · 7.8%
Interest coverage
88.82▼
2023 · 597.43
Debt ≤ 1 year
€40k▼
2023 · €75k
Income taxes
€11k▼
2023 · €11k
Staff costs
€168k▼
2023 · €188k
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 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€288k€273k▼
Fixed assets21/28€33k€22k▼
Intangible fixed assets21€20k€12k▼
Tangible fixed assets22/27€11k€8k▼
Plant, machinery and equipment23€5k€5k▲
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€2k€2k=
Current assets29/58€255k€251k▼
Amounts receivable within one year40/41€56k€47k▼
Trade receivables40€47k€42k▼
Other amounts receivable41€9k€5k▼
Cash at bank and in hand54/58€197k€203k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€288k€273k▼
Equity10/15€212k€233k▲
Contributions10/11€6k€6k=
Reserves13€205k€227k▲
Distributable reserves133€205k€227k▲
Amounts payable17/49€76k€40k▼
Amounts payable within one year42/48€75k€40k▼
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€44k€17k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€38k€15k▼
Other amounts payable47/48€19k€19k▲
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Remuneration, social security and pensions62€188k€168k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k▲
Other operating charges640/8€839€907▲
Gross operating margin9900€236k€217k▼
Operating profit (loss)9901€33k€33k▼
Financial income75/76B€155€931▲
Recurring financial income75€155€931▲
Financial charges65/66B€79€536▲
Recurring financial charges65€79€536▲
Profit (loss) for the period before taxes9903€33k€34k▲
Income taxes67/77€11k€11k▼
Profit (loss) for the period9904€23k€23k▲
Profit (loss) for the period to be appropriated9905€23k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€23k▲
Transfer from equity791/2€2k€2k=
Transfer to equity691/2€23k€23k▲
To other reserves6921€23k€23k▲
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €112k | €141k | €188k | €168k | ▼ 10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €9k | €11k | €14k | €15k | ▲ 3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €-6k | - | - | - |
| Other operating charges640/8 | - | €744 | €862 | €839 | €907 | ▲ 8.1% |
| Gross operating margin9900 | €176k | €202k | €210k | €236k | €217k | ▼ 8.1% |
| Operating profit (loss)9901 | €59k | €80k | €63k | €33k | €33k | ▼ 0.2% |
| Financial income75/76B | - | €1k | €183 | €155 | €931 | ▲ 500% |
| Recurring financial income75 | €91 | €1k | €183 | €155 | €931 | ▲ 500% |
| Financial charges65/66B | - | €296 | €6k | €79 | €536 | ▲ 579% |
| Recurring financial charges65 | €354 | €296 | €6k | €79 | €536 | ▲ 579% |
| Profit (loss) for the period before taxes9903 | €59k | €80k | €57k | €33k | €34k | ▲ 0.8% |
| Income taxes67/77 | €21k | €23k | €17k | €11k | €11k | ▼ 1.4% |
| Profit (loss) for the period9904 | €38k | €57k | €40k | €23k | €23k | ▲ 1.8% |
| Profit (loss) for the period to be appropriated9905 | €38k | €57k | €40k | €23k | €23k | ▲ 1.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €161k | €210k | €247k | €288k | €273k | ▼ 5.3% |
| Fixed assets21/28 | €40k | €47k | €44k | €33k | €22k | ▼ 33.7% |
| Intangible fixed assets21 | €33k | €37k | €29k | €20k | €12k | ▼ 41.0% |
| Tangible fixed assets22/27 | €5k | €7k | €13k | €11k | €8k | ▼ 25.8% |
| Plant, machinery and equipment23 | - | - | €4k | €5k | €5k | ▲ 8.7% |
| Furniture and vehicles24 | - | €5k | €7k | €4k | €2k | ▼ 60.2% |
| Other tangible fixed assets26 | - | €2k | €2k | €2k | €1k | ▼ 27.2% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €121k | €163k | €203k | €255k | €251k | ▼ 1.6% |
| Amounts receivable within one year40/41 | €54k | €27k | €53k | €56k | €47k | ▼ 15.9% |
| Trade receivables40 | - | €25k | €44k | €47k | €42k | ▼ 10.4% |
| Other amounts receivable41 | - | €2k | €9k | €9k | €5k | ▼ 43.9% |
| Cash at bank and in hand54/58 | €65k | €133k | €147k | €197k | €203k | ▲ 2.8% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €2k | €1k | ▼ 43.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €161k | €210k | €247k | €288k | €273k | ▼ 5.3% |
| Equity10/15 | €97k | €152k | €191k | €212k | €233k | ▲ 10.1% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €90k | €146k | €185k | €205k | €227k | ▲ 10.4% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €144k | €183k | €205k | €227k | ▲ 10.4% |
| Amounts payable17/49 | €64k | €58k | €56k | €76k | €40k | ▼ 47.9% |
| Amounts payable within one year42/48 | €64k | €57k | €56k | €75k | €40k | ▼ 47.1% |
| Trade debts44 | €9k | €9k | €10k | €12k | €3k | ▼ 74.5% |
| Suppliers440/4 | - | €9k | €10k | €12k | €3k | ▼ 74.5% |
| Taxes, remuneration and social security45 | - | €30k | €30k | €44k | €17k | ▼ 60.5% |
| Taxes450/3 | - | €15k | €10k | €6k | €3k | ▼ 53.5% |
| Remuneration and social security454/9 | - | €15k | €19k | €38k | €15k | ▼ 61.6% |
| Other amounts payable47/48 | - | €18k | €17k | €19k | €19k | ▲ 0.3% |
| Accrued charges and deferred income492/3 | - | €396 | - | €1k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €57k | €40k | €23k | €23k | ▲ 1.8% |
| + Depreciation and write-downs630 | €8k | €9k | €11k | €14k | €15k | ▲ 3.4% |
| Operating cash flow (approximation) | €46k | €66k | €52k | €37k | €38k | ▲ 2.4% |
| Investment in fixed assets (approximation) | - | €-15k | €-9k | €-3k | €-3k | ▼ 17.8% |
| Change in cash | - | €68k | €14k | €50k | €6k | ▼ 88.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
05-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €23k ▼43.9%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €212k ▲11%
6 profitable years in a row build equity to €212k.
02-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €57k ▲50.3%
Operating result €80k, net result €57k, both a record.
31-12
Financial
Equity above €150kEq €152k ▲57.3%
4 profitable years in a row build equity to €152k.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Sint-Pieters-Leeuw · 1 establishment unit since 2016
Ground area
5,043 m²
Building footprint
912 m²
Volume, LiDAR
4,755 m³
Parcel 23583F0543/00D002, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
46
companies at this address
See who is registered here
1 establishment unit
iSide
since 20162.252.706.224
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23583F0543/00D002 | Flanders | 5,043 m² | 1 · 911 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,500 EUR awarded · 1,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,723 companies in sector 63100 we hold annual accounts for 1,270. 933 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
Contact
Scores and ratios are computed by Checked and are not a credit decision.