KSIDE
ActiveKSIDE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €10k. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 43% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
86
/ 100
Excellent▲ +53 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency54▲+24
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 0.75 in 2024), and 67% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33%
Return on assets
12.4%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
27 d late
2024
30 d late
2023
28 d late
2022
27 d late
2021
9 d late
2020
30 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▲ 60.3%
2024 · €16k
2020: €3k
2021: €17k
2022: €29k
2023: €19k
2024: €16k
2020 → 2025
Total assets
€80k▲ 17.8%
2024 · €68k
2020: €60k
2021: €80k
2022: €88k
2023: €62k
2024: €68k
2020 → 2025
Net result
€10k
2024 · €-3k
2020: €30
2021: €14k
2022: €12k
2023: €-9k
2024: €-3k
2020 → 2025
Working capital
€6k
2024 · €-13k
2020: €-36k
2021: €-36k
2022: €-19k
2023: €-19k
2024: €-13k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€29k▲ 72.6%€19k▼ 32.9%€16k▼ 14.4%€26k▲ 60.3%
Operating result€18k-€11k▼ 36.3%€-9k€-3k▲ 70.7%€10k
Net result€14k-€12k▼ 14.4%€-9k€-3k▲ 70.6%€10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80k
Fixed assets
€20k▼ 31.2%
Current assets
€60k▲ 55.3%
Equity and liabilities €80k
Equity
€26k▲ 60.3%
Debt
€54k▲ 4.2%
The debt ratio falls from 75.7% to 67.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€19k▲
2024 · €6k
Cash flow
€19k▲
2024 · €6k
Solvency
33.0%▲
2024 · 24.3%
Current ratio
1.12▲
2024 · 0.75
Quick ratio
1.12▲
2024 · 0.75
Debt / equity
2.03▼
2024 · 3.12
ROE
37.6%▲
2024 · -16.8%
ROA
12.4%▲
2024 · -4.1%
Interest coverage
304.48▲
2024 · 105.19
Debt
€54k▲
2024 · €51k
Debt ≤ 1 year
€54k▲
2024 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€68k€80k▲
Fixed assets21/28€29k€20k▼
Intangible fixed assets21€663€43▼
Tangible fixed assets22/27€29k€20k▼
Furniture and vehicles24€8k€4k▼
Other tangible fixed assets26€21k€17k▼
Current assets29/58€39k€60k▲
Amounts receivable within one year40/41€23k€36k▲
Trade receivables40€21k€29k▲
Other amounts receivable41€3k€7k▲
Cash at bank and in hand54/58€15k€24k▲
Deferred charges and accrued income490/1€159€159=
Equity and liabilities
Total equity and liabilities10/49€68k€80k▲
Equity10/15€16k€26k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€14k€24k▲
Amounts payable17/49€51k€54k▲
Amounts payable within one year42/48€51k€54k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€2k€2k=
Other amounts payable47/48€46k€46k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k=
Other operating charges640/8€892€864▼
Gross operating margin9900€7k€20k▲
Operating profit (loss)9901€-3k€10k▲
Financial charges65/66B€62€63▲
Recurring financial charges65€62€63▲
Profit (loss) for the period before taxes9903€-3k€10k▲
Profit (loss) for the period9904€-3k€10k▲
Profit (loss) for the period to be appropriated9905€-3k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€24k▲
Profit (loss) brought forward from the previous period14P€17k€14k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-9k ▼178%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
31-12
Financial
Highest result since 2020net €14k ▲46951%
Operating result €18k, net result €14k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sprimont · 1 establishment unit since 2020
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.
Fays Village 424140 SprimontGround area
3,277 m²
Building footprint
280 m²
Volume, LiDAR
2,191 m³
2 parcels, Wallonia · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
KSIDE
since 20202.297.392.540
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62100I0957/00C000 | Wallonia | 2,764 m² | 1 · 187 m² | 7.8 m · 2 fl. |
| 62032C0665/00C002 | Wallonia | 513 m² | 1 · 92 m² | 13.8 m · 4 fl. |
Linked by address, not proof of ownership
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.
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Of 1,794 companies in sector 46831 we hold annual accounts for 1,390. 503 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2019
Fiscal year end31-12
Activities, NACEBEL
46831Wholesale of construction materials, general range
46836Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
47522Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.