Skip to content

SIDE

Active
Private limited companyfounded 2007active for 19 yearsKoeistraat 23, 2370 Arendonk, BelgiumKBO/BCE: BE 0890.342.412
Summary

SIDE has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,917 and a net result of €34,362. Equity has been growing by about 42% per year since 2018. Its solvency ranks better than 69% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 26-06-2007 Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110and 1 other
Establishment unit
2.163.871.941 2370 Arendonk, since 18-06-2007
Financial year end
31 December
Peppol
Reachable since 17-07-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€107,032
▼ 0.4%
Turnover
≈ €880,000
estimated
Profit
€34,362
▼ 22.7%
Equity
€101,917
▲ 28.1%
Total assets
€182,432
▲ 2.1%
Employees on 31-12-2025
0
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskFounded in 2007Liquidity: current ratio 1.18, cash €36,311Equity €101,917 (55.9% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 77% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 81+11
equity 55.9% of total assets
Liquidity 67+16
short-term debt 21.9% · cash 19.9%
Profitability 92-8
return on assets 18.8%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,281 companies, NACE 47, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.3%▲ +0.2 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.2%▼ -0.1 percentage points vs 12-2025 02-2026: 0.3%▲ +0.1 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026highest value 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.18 (0.57 in 2024), below the usual 1.5. Short-term debt is 21.9% and cash 19.9% of total assets. 44.1% of the assets are financed with debt and provisions.
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 47, micro). It does better than 69% of them on solvency, 74% on liquidity, 87% on profitability and 78% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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 riskneutral
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.18, cash €36,311
NBB · annual accounts
lowers risk · Equity €101,917 (55.9% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
177 days early
2023
40 days early
2022
61 days early
2021
79 days early
2020
54 days early
2019
66 days early
← 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 71 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 31 May (4 of the last 5 accounts filed within 43 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 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

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 13-07-2026 at the NBB all 18 filings

Turnover
≈ €880,000
Estimated: probably between €610,000 and €1.2m
Total assets
€182,432▲ 2.1%
2024 · €178,727
Net result
€34,362▼ 22.7%
2024 · €44,444
Working capital
€7,373
2024 · -€18,725
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€46,763
▼ 18.5% 2025
20182025
Net result
€34,362
▼ 22.7% 2025
highest quarter of the sector
20182025
Equity
€101,917
▲ 28.1% 2025
middle half of the sector
20182025
Total assets
€182,432
▲ 2.1% 2025
middle half of the sector
20182025
Debt
€80,516
▼ 18.8% 2025
20182025
Working capital
€7,373
2025
middle half of the sector
20182025
Solvency
55.9%
▲ 11.4pp 2025
middle half of the sector
20182025
Current ratio
1.18
▲ 0.61 2025
middle half of the sector
20182025
Return on assets (ROA)
18.8%
▼ 6.0pp 2025
highest quarter of the sector
20182025
Staff (FTE)
1.2
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€1,603-€2,008▲ 25.3%€4,554▲ 127%€12,804▲ 181%€3,530▼ 72.4%€47,841▲ 14×€57,395▲ 20.0%€46,763▼ 18.5%
Net result€1,375-€516▼ 62.5%€3,078within the sector's middle half▲ 497%€7,762within the sector's middle half▲ 152%€4within the sector's middle half▼ 99.9%€34,876above the sector's middle half▲ 7,768×€44,444above the sector's middle half▲ 27.4%€34,362above the sector's middle half▼ 22.7%
Equity€9,973-€12,389▲ 24.2%€15,467within the sector's middle half▲ 24.8%€23,229within the sector's middle half▲ 50.2%€23,234within the sector's middle half=€47,110within the sector's middle half▲ 103%€79,554within the sector's middle half▲ 68.9%€101,917within the sector's middle half▲ 28.1%
Total assets€18,761-€56,709▲ 202%€50,631below the sector's middle half▼ 10.7%€50,008below the sector's middle half▼ 1.2%€42,028below the sector's middle half▼ 16.0%€82,246within the sector's middle half▲ 95.7%€178,727within the sector's middle half▲ 117%€182,432within the sector's middle half▲ 2.1%
Debt€8,788-€44,321▲ 404%€35,164▼ 20.7%€26,779▼ 23.8%€18,795▼ 29.8%€35,136▲ 86.9%€99,173▲ 182%€80,516▼ 18.8%
Working capital-€1,271--€6,951▼ 447%-€2,805within the sector's middle half▲ 59.6%€7,801within the sector's middle half€10,062within the sector's middle half▲ 29.0%€22,331within the sector's middle half▲ 122%-€18,725below the sector's middle half€7,373within the sector's middle half
Solvency53.2%-21.8%▼ 31.3pp30.5%within the sector's middle half▲ 8.7pp46.5%within the sector's middle half▲ 15.9pp55.3%within the sector's middle half▲ 8.8pp57.3%within the sector's middle half▲ 2.0pp44.5%within the sector's middle half▼ 12.8pp55.9%within the sector's middle half▲ 11.4pp
Current ratio0.82-0.54▼ 0.280.80below the sector's middle half▲ 0.261.55within the sector's middle half▲ 0.751.69within the sector's middle half▲ 0.141.64within the sector's middle half▼ 0.060.57below the sector's middle half▼ 1.061.18within the sector's middle half▲ 0.61
Return on assets (ROA)7.3%-0.9%▼ 6.4pp6.1%within the sector's middle half▲ 5.2pp15.5%above the sector's middle half▲ 9.4pp0.0%within the sector's middle half▼ 15.5pp42.4%above the sector's middle half▲ 42.4pp24.9%above the sector's middle half▼ 17.5pp18.8%above the sector's middle half▼ 6.0pp
Staff (FTE)0.3-0.7▲ 133%0.5below the sector's middle half▼ 28.6%1.2
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 19% lower than in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €182,432
Fixed assets €135,123 ▼ 12.0%
Current assets €47,310 ▲ 87.5%
Equity and liabilities €182,432
Equity €101,917 ▲ 28.1%
Debt €80,516 ▼ 18.8%
Debt's share of the balance-sheet total falls from 55.5% to 44.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€80,363▼
2024 · €80,927
Cash flow
€67,962=
2024 · €67,977
Quick ratio
1.16▲
2024 · 0.54
Debt to equity
0.79▼
2024 · 1.25
ROE
33.7%▼
2024 · 55.9%
Interest coverage
20.88▼
2024 · 24.58
Debt ≤ 1 year
€39,937▼
2024 · €43,955
Debt > 1 year
€40,579▼
2024 · €55,218
Income taxes
€8,572▼
2024 · €9,901
Staff costs
€23,851▲
2024 · €21,674
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-2025
Employees at the balance-sheet date0
full-time0
part-time0
in full-time equivalents0
Average over the year, in full-time equivalents1.2
On a permanent contract0
Joined166
Left166
Training hours0

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€1,595€2,669€21,535€152,251€27,250
Depreciation and write-downs of the year€12,763€13,376€14,200€23,533€33,600

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€178,727€182,432▲
Fixed assets21/28€153,497€135,123▼
Tangible fixed assets22/27€153,497€135,123▼
Plant, machinery and equipment23€18,784€15,638▼
Furniture and vehicles24€134,713€119,485▼
Current assets29/58€25,230€47,310▲
Stocks and contracts in progress3€1,536€800▼
Stocks30/36€1,536€800▼
Amounts receivable within one year40/41€8,263€8,325▲
Other amounts receivable41€8,263€8,325▲
Cash at bank and in hand54/58€14,089€36,311▲
Deferred charges and accrued income490/1€1,343€1,874▲
Equity and liabilities
Total equity and liabilities10/49€178,727€182,432▲
Equity10/15€79,554€101,917▲
Contributions10/11€14,100€14,100=
Reserves13€65,454€87,817▲
Distributable reserves133€65,454€87,817▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€99,173€80,516▼
Amounts payable after more than one year17€55,218€40,579▼
Financial debts170/4€55,218€40,579▼
Amounts payable within one year42/48€43,955€39,937▼
Current portion of amounts payable after more than one year42€14,077€14,639▲
Trade debts44€6,428€1,945▼
Suppliers440/4€6,428€1,945▼
Taxes, remuneration and social security45€10,908€8,506▼
Taxes450/3€7,914€6,238▼
Remuneration and social security454/9€2,995€2,268▼
Other amounts payable47/48€12,541€14,847▲
Income statement Code20242025
Non-recurring operating income76A€31,674€4,300▼
Remuneration, social security and pensions62€21,674€23,851▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,533€33,600▲
Other operating charges640/8€4,897€2,818▼
Gross operating margin9900€107,498€107,032▼
Operating profit (loss)9901€57,395€46,763▼
Financial income75/76B€243€19▼
Recurring financial income75€243€19▼
Financial charges65/66B€3,293€3,849▲
Recurring financial charges65€3,293€3,849▲
Profit (loss) for the period before taxes9903€54,345€42,934▼
Income taxes67/77€9,901€8,572▼
Profit (loss) for the period9904€44,444€34,362▼
Profit (loss) for the period to be appropriated9905€44,444€34,362▼
Appropriation of the result
Profit (loss) to be appropriated9906€44,444€34,362▼
Transfer to equity691/2€32,444€22,362▼
To other reserves6921€32,444€22,362▼
Profit to be distributed694/7€12,000€12,000=
Directors or managers695€12,000€12,000=

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.

Line20182019202020212022202320242025Change
Non-recurring operating income76A------€31,674€4,300▼ 86.4%
Remuneration, social security and pensions62---€5,372€7,258€15,323€21,674€23,851▲ 10.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,902€9,931€11,991€12,763€13,376€14,200€23,533€33,600▲ 42.8%
Other operating charges640/8---€3,403€4,134€3,406€4,897€2,818▼ 42.5%
Gross operating margin9900€22,049€38,386€34,792€34,342€28,298€80,769€107,498€107,032▼ 0.4%
Operating profit (loss)9901€1,603€2,008€4,554€12,804€3,530€47,841€57,395€46,763▼ 18.5%
Financial income75/76B---€5€0€0€243€19▼ 92.1%
Recurring financial income75--€224€5€0€0€243€19▼ 92.1%
Financial charges65/66B---€1,530€1,463€1,672€3,293€3,849▲ 16.9%
Recurring financial charges65€228€810€1,008€1,530€1,463€1,672€3,293€3,849▲ 16.9%
Profit (loss) for the period before taxes9903€1,375€1,198€3,770€11,279€2,068€46,169€54,345€42,934▼ 21.0%
Income taxes67/77-€682€691€3,517€2,063€11,293€9,901€8,572▼ 13.4%
Profit (loss) for the period9904€1,375€516€3,078€7,762€4€34,876€44,444€34,362▼ 22.7%
Profit (loss) for the period to be appropriated9905€1,375€516€3,078€7,762€4€34,876€44,444€34,362▼ 22.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€18,761€56,709€50,631€50,008€42,028€82,246€178,727€182,432▲ 2.1%
Fixed assets21/28€12,856€48,587€39,318€28,150€17,443€24,779€153,497€135,123▼ 12.0%
Tangible fixed assets22/27€12,856€48,587€39,318€28,150€17,443€24,779€153,497€135,123▼ 12.0%
Plant, machinery and equipment23---€5,782€4,208€5,148€18,784€15,638▼ 16.7%
Furniture and vehicles24---€22,368€13,235€19,631€134,713€119,485▼ 11.3%
Current assets29/58€5,905€8,123€11,313€21,858€24,585€57,467€25,230€47,310▲ 87.5%
Stocks and contracts in progress3€1,605€1,175€1,775€2,475€3,175€200€1,536€800▼ 47.9%
Stocks30/36---€2,475€3,175€200€1,536€800▼ 47.9%
Amounts receivable within one year40/41€932€2,095€1,500€0€1,931€1,581€8,263€8,325▲ 0.8%
Other amounts receivable41---€0€1,931€1,581€8,263€8,325▲ 0.8%
Cash at bank and in hand54/58€3,028€2,938€7,146€17,466€17,358€52,978€14,089€36,311▲ 158%
Deferred charges and accrued income490/1---€1,918€2,120€2,708€1,343€1,874▲ 39.5%
Equity and liabilities
Total equity and liabilities10/49€18,761€56,709€50,631€50,008€42,028€82,246€178,727€182,432▲ 2.1%
Equity10/15€9,973€12,389€15,467€23,229€23,234€47,110€79,554€101,917▲ 28.1%
Contributions10/11€12,200€14,100-€14,100€14,100€14,100€14,100€14,100=
Reserves13--€1,367€9,129€9,134€33,010€65,454€87,817▲ 34.2%
Distributable reserves133---€9,129€9,134€33,010€65,454€87,817▲ 34.2%
Profit (loss) carried forward14-€2,227-€1,711€0--€0€0€0-
Amounts payable17/49€8,788€44,321€35,164€26,779€18,795€35,136€99,173€80,516▼ 18.8%
Amounts payable after more than one year17€1,613€29,247€21,046€12,721€4,272€0€55,218€40,579▼ 26.5%
Financial debts170/4---€12,721€4,272€0€55,218€40,579▼ 26.5%
Amounts payable within one year42/48€7,176€15,073€14,118€14,057€14,523€35,136€43,955€39,937▼ 9.1%
Current portion of amounts payable after more than one year42---€8,325€8,449€4,272€14,077€14,639▲ 4.0%
Trade debts44€268€1,479€1,225€895€4,312€10,068€6,428€1,945▼ 69.7%
Suppliers440/4---€895€4,312€10,068€6,428€1,945▼ 69.7%
Taxes, remuneration and social security45---€4,050€904€9,796€10,908€8,506▼ 22.0%
Taxes450/3---€3,772€57€7,972€7,914€6,238▼ 21.2%
Remuneration and social security454/9---€278€847€1,824€2,995€2,268▼ 24.3%
Other amounts payable47/48---€788€858€11,000€12,541€14,847▲ 18.4%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€1,375€516€3,078€7,762€4€34,876€44,444€34,362▼ 22.7%
+ Depreciation and write-downs630€4,902€9,931€11,991€12,763€13,376€14,200€23,533€33,600▲ 42.8%
Operating cash flow (approximation)€6,277€10,447€15,069€20,525€13,380€49,076€67,977€67,962=
Investment in fixed assets (approximation)--€45,661-€2,722-€1,595-€2,669-€21,535-€152,251-€15,225▲ 90.0%
Change in cash--€90€4,208€10,320-€107€35,619-€38,889€22,223-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 34,693 companies had the same profile as SIDE has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.3% was still going
3.9% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of SIDE itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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 SIDE. 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.

Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 13-07-2026 2026-00285339 PDF
31-12-2024 micro format 04-02-2025 2025-00026215 PDF
31-12-2023 micro format 21-06-2024 2024-00147905 PDF
31-12-2022 micro format 31-05-2023 2023-00099458 PDF
31-12-2021 micro format 13-05-2022 2022-20025777 PDF
31-12-2020 micro format 07-06-2021 2021-17400166 PDF
31-12-2019 micro format 26-05-2020 2020-12900099 PDF
31-12-2018 micro format 03-07-2019 2019-27100212 PDF
31-12-2017 micro format 30-08-2018 2018-53200017 PDF
31-12-2016 micro format 10-08-2017 2017-42100114 PDF

Show all 18 filings

Board & ownership

Directors

Directors
2 directors, last change in 2025
AKBULUT Hakan
Director (not named in the articles) · since 18-06-2007 · term without a fixed end · listed in the 2025 annual accounts, filed on 13-07-2026
Current
Akbulut Muammer
Director (not named in the articles) · since 01-10-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 13-07-2026
Current

Owners and capital

Mandate history

5 people, 2 in office
Show
  • Board
  • began earlier
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
AKBULUT Hakan
  • Director (not named in the articles), appointed in the act of 11-09-2023, still in office
Akbulut Muammer
  • Director (not named in the articles), from 01-10-2025 to date
Durmus Mehmet
  • Director (not named in the articles), until 30-09-2025
Durmus Mehmet Akif
  • Director (not named in the articles), appointed in the act of 11-07-2024, no longer listed in the 2025 annual accounts
Mehmed Mehmed
  • Director (not named in the articles), appointed in the act of 11-09-2023, until 30-06-2024
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Algemene vergadering met absolute meerderheid of enige aandeelhouder, algemene vergadering”

Articles of association, deed of 11-09-2023 (in Dutch)

Network & group

SIDE shares no director with another company.

Connections & network

2 current directors
Depth

The network starts from the directors of SIDE. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
13-07
NBB filing Annual accounts 2025 filedNBB
micro format · 18 days before the deadline
2025
31-12
Financial Liquidity more than doubledcurrent ratio 1.18
The current ratio rises from 0.57 to 1.18. Short-term debt falls from €43,955 to €39,937.
31-12
Financial Equity above €100,000equity €101,917 ▲28.1%
With a profit in every financial year since 2018, equity grows to €101,917.
24-10
Gazette deed Resignation: Durmus Mehmet (director)
Appointment: Akbulut Muammer (director) · Director discharge5 points ▸
  • General meeting, 30-09-2025
  • Director resignation, Durmus Mehmet (director (not named in the articles))
  • Director discharge, Durmus Mehmet (director (not named in the articles))
  • Director appointment, Akbulut Muammer (director (not named in the articles))
  • Other provision, “geen verbodsmaatregel, niet getroffen door maatregel die zich tegen benoeming verzet” (deed in Dutch)

Open the act in the Belgian Official Gazette

04-02
NBB filing Annual accounts 2024 filedPDF
micro format · 177 days before the deadline
2024
31-12
Financial Highest result from 2018 to 2025net €44,444 ▲27.4%
The operating result of €57,395 and the net result of €44,444 are both a record.
11-07
Gazette deed Resignation: Mehmed Mehmed (director)
Appointment: Durmus Mehmet Akif (director) · Director discharge5 points ▸
  • General meeting, 30-06-2024
  • Director resignation, Mehmed Mehmed (director (not named in the articles))
  • Director discharge, Mehmed Mehmed
  • Director appointment, Durmus Mehmet Akif (director (not named in the articles))
  • Other provision, “verklaring geen beletsel mandaat, niet getroffen door een maatregel die zich hiertegen verzet” (deed in Dutch)

Open the act in the Belgian Official Gazette

21-06
NBB filing Annual accounts 2023 filedPDF
micro format · 40 days before the deadline
2023
11-09
Gazette deed 2 directors appointed
Appointments: AKBULUT Hakan (director) and MEHMED Mehmed (director) · Permanent representative: AKBULUT Hakan · Amendment of the articles8 points ▸
  • General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
  • Amendment of the articles, mentioned 2 times in the deed
  • Capital conversion, “van rechtswege omgezet, artikel 39, §2, tweede lid van de wet van 23-03-2019” (deed in Dutch)
  • Capital conversion, “volledige opheffing aangelegde statutair onbeschikbare eigen vermogensrekening, middelen beschikbaar voor uitkering, niet vermelden in statuten” (deed in Dutch)
  • Registered office clause, “bevestiging adres zetel, Koeistraat 23, 2370 Arendonk” (deed in Dutch)
  • Director appointment, AKBULUT Hakan (director (not named in the articles))
  • Director appointment, MEHMED Mehmed (director (not named in the articles))
  • Permanent representative, AKBULUT Hakan

Open the act in the Belgian Official Gazette

31-05
NBB filing Annual accounts 2022 filedPDF
micro format · 61 days before the deadline
2022
31-12
Financial Weakest financial yearnet €4 ▼99.9%
The net result drops to €4, the lowest from 2018 to 2025. It recovers the following year.
13-05
NBB filing Annual accounts 2021 filedPDF
micro format · 79 days before the deadline
Show earlier events
2021
07-06
NBB filing Annual accounts 2020 filedPDF
micro format · 54 days before the deadline
2020
26-05
NBB filing Annual accounts 2019 filedPDF
micro format · 66 days before the deadline
2019
03-07
NBB filing Annual accounts 2018 filedPDF
micro format · 28 days before the deadline
2018
30-08
NBB filing Annual accounts 2017 filedPDF
micro format · 30 days late
2017
10-08
NBB filing Annual accounts 2016 filedPDF
micro format · 10 days late
2007
05-07
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

SIDE was incorporated on 26 June 2007.1 Total assets rose from €18,761 in 2018 to €182,432 in 2025 and headcount from 0.3 to 1.2 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name SIDE in Dutch
Enterprise number 0890.342.412
Legal form Private limited company
Status Active, normale toestand
Founded 26-06-2007
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 11-09-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 11-09-2023 (in Dutch)

Registered office and establishments

Registered office Koeistraat 23, 2370 Arendonk, Belgium
Establishment unit Side, Koeistraat 23, 2370 Arendonk since 18-06-2007 · unit number 2.163.871.941
Phone 0484/693483Arendonk

Activities

NACEBEL 2025
VAT activities
47110 Non-specialised retail sale with food, beverages or tobacco predominating main activity
56112 Limited-service restaurants, excluding mobile food services
Social security (RSZ) activities
56112 Limited-service restaurants, excluding mobile food services main activity
Codes under NACEBEL 2008
VAT activities
47112 Retail trade main activity
56102 Limited-service restaurants
Social security (RSZ) activities
56102 Limited-service restaurants main activity
Codes under NACEBEL 2003
52112 main activity

Invoicing and payment

VAT number BE 0890.342.412
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0890342412
Other Peppol ID 9925:BE0890342412
Registered 17-07-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Thursday of June at 20:00
deed of 11-09-2023 (in Dutch)

Recognitions · licences · registrations

Food safety, FASFC

1 site
Arendonkunit number 2.163.871.941
1 permission
Authorisation · Eetgelegenheid · since 01-01-2009

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
606 m²
Building footprint
342 m²
Building volume
1,540 m³
Cadastral parcel Region Area Buildings Height / floors
13322E0263/00T000 Flanders 606 m² 1 · 342 m² 12.5 m · 1