Equity
-€798
Debts exceed assets in financial year 2024.
seaside
Lifetime
17 annual accounts with figures on one time axis, 23 filings since 2000peak €52,764 (2015)
-€330▼ €20,474
lowest -€14,501 (2009)
-€8,730▼ €15,504
peak €33,571 (2017)
-€798▼ €8,730
€59,406▲ 0.7%
peak 1 FTE (2013)
-not published
Board1 name since 2022
1 directorDuponcheel Hans
Documentsfilings and deeds
03-02-2026187 days late
2024abbreviated format
Turnover from €113,517 to €96,752Gross margin from €20,144 to -€330Loss of €8,730Equity from €7,932 to -€798
Key points
from the 2024 annual accountsChecked score
32
Weak
Financially stronger than 29% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
8.6% Elevated
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 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 11.1%
01-2025: 11.1%● unchanged vs 12-2024
02-2025: 11.1%● unchanged vs 01-2025
03-2025: 11.1%● unchanged vs 02-2025
04-2025: 11.1%● unchanged vs 03-2025
05-2025: 19.1%▲ +8.0 percentage points vs 04-2025highest value
06-2025: 19.1%● unchanged vs 05-2025highest value
07-2025: 19.1%● unchanged vs 06-2025highest value
08-2025: 19.1%● unchanged vs 07-2025highest value
09-2025: 16.5%▼ -2.6 percentage points vs 08-2025
10-2025: 16.4%▼ -0.1 percentage points vs 09-2025
11-2025: 16.4%● unchanged vs 10-2025
12-2025: 18.9%▲ +2.5 percentage points vs 11-2025
01-2026: 18.9%● unchanged vs 12-2025
02-2026: 18.9%● unchanged vs 01-2026
03-2026: 10.2%▼ -8.7 percentage points vs 02-2026
04-2026: 10.4%▲ +0.2 percentage points vs 03-2026
05-2026: 10.4%● unchanged vs 04-2026
06-2026: 9.5%▼ -0.9 percentage points vs 05-2026
07-2026: 9.5%● unchanged vs 06-2026
08-2026: 9.3%▼ -0.2 percentage points vs 07-2026
09-2026: 9.5%▲ +0.2 percentage points vs 08-2026
10-2026: 8.6%▼ -0.9 percentage points vs 09-2026lowest value
11-2026: 8.6%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 187 days late; 3 of the last 3 accounts late
Ex-officio strike-off in the KBO
Sector: Food and beverage service activities (NACE 56)
lowers risk
Founded in 1998
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 25% of them on solvency, 61% on liquidity, 19% on profitability and 13% 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 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 6,619 companies had the same profile as seaside has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of seaside itself is higher: 8.6% within 12 months. It rests on far more data about seaside 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.
| 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 6,619 companies, not a prediction for seaside. 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
No credit on open account
Liquidity is ample, with a current ratio of 1.58 (1.78 in 2023), above the usual 1.5. Short-term debt is 26.2% and cash 13.9% of total assets. However, equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Eight signals.
lowers riskraises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€798
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 187 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-02-2026, 187 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
187 days late
2023
552 days late
2022
828 days late
2021
1128 days late
2020
1466 days late
2019
229 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 732 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.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 2 notices about the company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Accounts not filedStrikeout withdrawn
Recent changes
Strikeout withdrawn
effective 03-02-2026 · KBO administration
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0463494605
Accounts not filed
effective 19-03-2025 · KBO administration
Registered office moved within Oostkamp
New registered office: Stationstraat 3, 8020 Oostkamp · Previous registered office: Kortrijksestraat 21, 8020 Oostkamp · Resignation: Duponcheel Hans (director) · General meeting of 07-06-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| seaside Oostkamp | €58,608 | -€330 | -1.4% | - |
| MT ADVIES Overijse | €62,858 | -€64 | 70.8% | - |
| FORMOSA Grimbergen | €59,597 | -€6,019 | 14.3% | - |
| DE DRIE WEIZEN Hasselt | €63,546 | €57 | 99.4% | - |
| ALLEES PAR FETE Durbuy | €61,972 | -€2,235 | 17.0% | - |
| LAUDO-INVEST Bruges | €52,934 | -€1,796 | 80.5% | - |
| Dedet Bruges | €82,401 | -€27,167 | -300.5% | - |
These companies have the same main activity as seaside: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €52,900 and €82,400, founded between 1995 and 2005.
Official details
Source: KBO- Status
- Active since 16-06-1998Normal situation
- Activity
- Full-service restaurantsNACE 56111and 1 other
- Establishment unit
- 2.181.920.5728020 Oostkamp, since 30-10-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Insights on seaside
seaside files the abbreviated format. That format states no turnover. The gross margin fell from €0 in 2008 to -€330 in 2024.
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 seaside
- What is the company number of seaside?
- The company number of seaside is 0463.494.605. The VAT number is the same number with BE in front: BE 0463.494.605.
- Where is seaside based?
- The registered office is at Stationsstraat 3, 8020 Oostkamp.Company details
- What does seaside do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of seaside?
- seaside is a private limited company (BV).
- When was seaside founded?
- seaside was founded on 16-06-1998.
- Is seaside still active?
- Yes, seaside is an active enterprise in the KBO register.
- How many employees does seaside have?
- seaside had an average of 1 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of seaside?
- The turnover of seaside was €96,752 in financial year 2024, according to the filed annual accounts.
- Is seaside profitable?
- In financial year 2024, seaside made a loss of €8,730.
- Where can I find the annual accounts of seaside?
- seaside filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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