Skip to content

OFFSIDE

Active Private limited company (pre-2019)founded 2010active for 16 yearsStadionplein 4, 3600 GenkKBO/BCE: BE 0827.669.524

Lifetime

15 annual accounts with figures on one time axis
peak €413,731 (2025)
€413,731▲ 25.6%
lowest -€42,155 (2014)
€58,419▲ 300%
peak €270,351 (2025)
€270,351▲ 18.6%
€339,771▲ 8.1%
peak 6.2 FTE (2020)
-not published
Board1 name since 2010
1 directorMedved Dirk
Documentsfilings and deeds
16-10-202677 days late
2025micro format
Gross margin from €329,528 to €413,731Result from €14,610 to €58,419Dividend €16,000Equity from €227,932 to €270,351

Key points

from the 2025 annual accounts

Equity

€270,351 ▲ 18.6%

OFFSIDE has made a profit without a break since 2016.

Turnover

≈ €990,000 estimated

The micro format states no turnover.

Staff

6 employees on 31-12-2025
2223202157582022182183202323623620241861842025

In 2025, 186 short contracts started and 184 ended, on average 66 hours worked per contract. Staff averaged 8.7 full-time equivalents.

Filings

15 annual accounts 77 days
AprilJune31 JulyOctober201520202025

Latest accounts filed late: after the legal deadline.

Position in the sector

€270,351

More equity than 94% of companies in food and beverage service. Sector median €28,663 · 17,189 companies.

Checked score

67
Healthy
Financially stronger than 55% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.9% 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025lowest value 05-2025: 1.0%▲ +0.1 percentage points vs 04-2025 06-2025: 0.9%▼ -0.1 percentage points vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%▲ +0.2 percentage points vs 07-2025 09-2025: 1.4%▲ +0.2 percentage points vs 08-2025 10-2025: 1.6%▲ +0.2 percentage points vs 09-2025 11-2025: 1.3%▼ -0.3 percentage points vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.3%● unchanged vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.2%▼ -0.1 percentage points vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.6 percentage points vs 07-2026 09-2026: 2.0%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 1.0%▼ -1.0 percentage point vs 09-2026 11-2026: 1.0%● unchanged vs 10-2026

Financial strength
Strong

69+2equity 44.3% of total assets
31-4short-term debt 48.0% · cash 3.5%
81+14return on assets 9.6%

Score breakdown

raises risk
Last filed accounts filed 77 days late; 3 of the last 3 accounts late
Sector: Food and beverage service activities (NACE 56)
Liquidity: current ratio 1.82, cash €21,295
lowers risk
Founded in 2010
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 63% of them on solvency, 26% on liquidity, 66% on profitability and 65% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as OFFSIDE has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of OFFSIDE itself is higher: 1.0% within 12 months. It rests on far more data about OFFSIDE than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for OFFSIDE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €18,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.82 (1.79 in 2024), above the usual 1.5. Short-term debt is 48% and cash 3.5% of total assets. However, 55.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 77 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.82, cash €21,295
NBB · annual accounts
raises risk · 2025 accounts filed 77 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-10-2026, 77 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
77 days late
2024
68 days late
2023
65 days late
2022
70 days late
2021
30 days late
2020
31 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 62 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MD
Medved Dirk
Director, since 08-07-2010
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0827669524
Incorporation published on 12-07-2010 · Gazette deed
First establishment Thema Café Cup Final, Stadionplein 4, Genk
All 23 events

Comparable companies

same main activity, similar in size and age
Company
OFFSIDE Genk €610,122 €413,731 44.3% -
SANDHU Alken €592,804 €422,169 58.9% -
Keizers Kroon Sint-Niklaas €650,859 €389,328 56.0% 9.5
S.I.G.S. Charleroi €591,154 €371,731 -2.4% -
FPTC Bekkevoort €650,599 €431,733 13.6% -
HautRu Hoogstraten €625,958 €370,942 14.9% 6.5
KROOMA Dilbeek €562,155 €382,351 34.4% -

These companies have the same main activity as OFFSIDE: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €562,000 and €651,000, founded between 2007 and 2011.

Official details

Source: KBO
Status
Active since 08-07-2010Normal situation
Activity
Full-service restaurantsNACE 56111and 1 other
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.189.904.9593600 Genk, since 08-07-2010
Financial year end
31 December
Peppol
Reachable since 11-12-2025
Company details

Annual accounts 2025

€610,122▲ 12.5%
Employeeson 31-12-2025
6▲ 50.0%
Filing
Filed on 16-10-2026
Financials

Insights on OFFSIDE

OFFSIDE files the micro format. That format states no turnover. The gross margin rose from €191,420 in 2011 to €413,731 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about OFFSIDE

What is the company number of OFFSIDE?
The company number of OFFSIDE is 0827.669.524. The VAT number is the same number with BE in front: BE 0827.669.524.
Where is OFFSIDE based?
The registered office is at Stadionplein 4, 3600 Genk.Company details
What does OFFSIDE do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of OFFSIDE?
OFFSIDE is a private limited company (pre-2019) (BVBA).
When was OFFSIDE founded?
OFFSIDE was founded on 08-07-2010.
Is OFFSIDE still active?
Yes, OFFSIDE is an active enterprise in the KBO register.
How many employees does OFFSIDE have?
OFFSIDE had an average of 8.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does OFFSIDE fall under?
In its 2025 annual accounts, OFFSIDE states joint committee 302 (Hotels and catering).
What is the turnover of OFFSIDE?
The turnover in financial year 2025 is ≈ €990,000. This figure is estimated from the gross margin of €413,731 and 41 comparable companies (NACE 56111). It probably lies between €850,000 and €1.2m.
Is OFFSIDE profitable?
In financial year 2025, OFFSIDE made a profit of €58,419.
Where can I find the annual accounts of OFFSIDE?
OFFSIDE filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of OFFSIDE due?
OFFSIDE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.