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Complete company report
Generated 04-09-2026
Active BE 1005.988.978Private limited company

Side 22

Vierlinden 27 ·9940 Evergem, Belgium· 2 yrs active
Sector: Business and other management consultancy (70200)
Conclusion Checked

Side 22 has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €23k. Its solvency ranks better than 59% of 4760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €35k
Net result €23k
Better than sector 59%
Active 2 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health100Profitability100Solvency100Growth78Stability82
92 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100
Profitability 100
Solvency 100
Growth 78
Stability 82
Bankruptcy probability (12 mo) Checked model v1 · free
0.4% Very low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2025 · computed
100 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€4k
estimate, not credit advice
Score history
78 2024
100 2025
purely financial, excl. current insolvency signals
Score components
Liquidity Current ratio 2.15 (≥ 1.5) +10
Quick ratio Quick ratio 2.15 (≥ 1.0) +5
Leverage Debt/equity 0.52 (< 1.0) +10
Profitability ROE 66% (≥ 10%) +10
Interest coverage Interest coverage 86.7× (≥ 3×) +8
Profit trend Net profit up YoY +5
Equity growth Equity growing YoY +3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 24-07-2026 with the NBB · fiscal year 2025 · micro schema
€0€10k€20k€30kOperating result 2024: €13k€13kNet result 2024: €9k€9kOperating result 2025: €30k€30kNet result 2025: €23k€23k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 70, Activities of head offices; management consultancy activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 65.8% 55.4%
better than 59% of 4760 sector peers
Net result €23k €38k
better than 37% of 4760 sector peers
Equity €35k €64k
better than 36% of 4761 sector peers
Gross operating margin €33k €61k
better than 32% of 4753 sector peers
Total assets €53k €146k
better than 17% of 4761 sector peers
EBITDA
€33k
+130.6% 24-25
Net profit
€23k
+143.4% 24-25
Cash flow
€26k
+149.1% 24-25
Total assets
€53k
+41.2% 24-25
Equity
€35k
+192.5% 24-25
Working capital
€21k
+123.7% 24-25
Income taxes
€7k
+81.8% 24-25
Debt
€18k
-29.3% 24-25
Debt ≤ 1y
€18k
-29.3% 24-25
Current ratio
2.15
+57.8% 24-25
Quick ratio
2.15
+57.8% 24-25
Solvency
65.8%
+107.3% 24-25
Debt / equity
0.52
-75.8% 24-25
ROE
65.8%
-16.8% 24-25
ROA
43.3%
+72.4% 24-25
Interest coverage
86.68
+9.0% 24-25
Figures by fiscal year and ratios
Fiscal year20252024
Depositmicro schemamicro schema
Revenue--
EBITDA€33k€14k
Net profit€23k€9k
Cash flow€26k€10k
Staff costs--
Income taxes€7k€4k
Dividends--
Total assets€53k€38k
Equity€35k€12k
Debt€18k€26k
of which ≤ 1y€18k€26k
of which > 1y--
Working capital€21k€9k
Employees (FTE)--
Ratios (computed)
20252024
Current ratio2.151.36
Quick ratio2.151.36
Working capital ratio39.4%24.9%
Solvency65.8%31.8%
Debt / equity0.522.15
Long-term debt ratio--
Interest coverage86.6879.51
Gross margin--
Net margin--
ROA43.3%25.1%
ROE65.8%79.1%
EBITDA margin--
Days sales outstanding--
Days payable outstanding--
Inventory turnover--
Days inventory (DSI)--
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code20252024
Balance sheet, Assets
TOTAL ASSETS 20/58€53k€38k
Fixed assets 21/28€14k€3k
Intangible fixed assets 21€819€2k
Tangible fixed assets 22/27€13k€1k
Current assets 29/58€39k€35k
Amounts receivable within one year 40/41€13k€4k
Investments 50/53€14k€7k
Cash & bank 54/58€12k€25k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€53k€38k
Equity 10/15€35k€12k
Contributions / capital 10/11€3k€3k
Reserves 13€9k€9k
Accumulated profits (losses) 14€23k-
Amounts payable 17/49€18k€26k
Amounts payable within one year 42/48€18k€26k
Trade debts payable within one year 44€3k€3k
Income statement
Gross operating margin 9900€33k€14k
Operating result 9901€30k€13k
Financial income 75€63€8
Financial charges 65€379€179
Result before taxes 9903€30k€13k
Income taxes 67/77€7k€4k
Net result for the period 9904€23k€9k
Result to be appropriated 9905€23k€9k
Legal Structure
NACE primary Business and other management consultancy(70200)
Legal form Private limited company(610)
Incorporation14-02-2024
StatusActive
Postal code9940
Establishment units 1 location
Finance & Flow
Vierlinden 27, 9940 EvergemActivities of head offices; management consultancy activities
since 20242.356.119.508
Real-estate footprint Source: CBE × cadastre
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44302D1318/00E000 Flanders 1,054 m² 1 · 151 m² 4.8 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events
Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
Business and other management consultancy70200Business consulting70220
Names & trade names
Legal nameNL Side 22
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative