SIDE BY SIDE MUSIC
ActiveFrom the official registers: KBO 27 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of SIDE BY SIDE MUSIC is 2.4% (moderate). The 2024 annual accounts show equity of €241,160 and a net result of -€199,068. Equity has been shrinking by about 12% per year since 2018. Its solvency ranks better than 63% of 6,481 sector peers (NACE 47, financial year 2024). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 29-08-1997 Normal situation
- Activity
- Retail sale of electrical household appliances NACE 47540
- Establishment unit
- 2.085.972.528 1030 Schaarbeek, since 20-03-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.4%
- Gross margin
- €23,930
- ▼ 97.4%
- Turnover
- ≈ €240,000
- estimated
- Loss
- €199,068
- Equity
- €241,160
- ▼ 45.2%
- Total assets
- €544,987
- ▲ 0.2%
- Staff
- ≈ 0.1 FTE
- estimated
Score breakdownraises riskLoss of €199,068 (financial year 2024)Figures for financial year 2024 (filed on 30-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 89 days late; 3 of the last 3 accounts latelowers riskFounded in 1997Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 59% of them on solvency, 21% on liquidity, 36% on profitability and 12% on growth.
The bankruptcy probability was computed on 01-11-2026 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).
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Signals
The company filed its last 6 accounts on average 87 days after 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 (1)
Key points
Comparable companies
These companies have the same main activity as SIDE BY SIDE MUSIC: retail sale of electrical household appliances (NACE 47540). They are comparable in size and age: total assets between €301,000 and €707,000, founded between 1989 and 2001.
| Company | Total assets | Gross margin |
|---|---|---|
| SIDE BY SIDE MUSIC Schaarbeek | €544,987 | €23,930 |
| CREATEL Ukkel | €550,691 | €31,866 |
| SOLAREMA TRADING Elsene | €603,229 | €17,959 |
| WARNIER PLUS Sambreville | €473,572 | €42,970 |
| ELECTRO PEETERS Geel | €387,682 | €40,161 |
| H.T.V. Bornem | €301,121 | €29,991 |
| IMMO MARIV Lommel | €707,318 | €13,609 |
Documents
Annual accounts at the NBB
- Annual accounts 2024filed on 28-10-2025
- Annual accounts 2023filed on 04-10-2024
- Annual accounts 2022filed on 15-11-2023
- Annual accounts 2021filed on 31-08-2022
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about SIDE BY SIDE MUSIC
- What is the company number of SIDE BY SIDE MUSIC?
- The company number of SIDE BY SIDE MUSIC is 0461.358.229. The VAT number is the same number with BE in front: BE 0461.358.229.
- Where is SIDE BY SIDE MUSIC based?
- The registered office is at Generaal Gratrystraat 119, 1030 Schaarbeek.Company details
- What does SIDE BY SIDE MUSIC do?
- According to the KBO register, the main activity is retail sale of electrical household appliances (NACE 47540).
- What is the legal form of SIDE BY SIDE MUSIC?
- The legal form of SIDE BY SIDE MUSIC is Public limited company (NV).
- When was SIDE BY SIDE MUSIC founded?
- SIDE BY SIDE MUSIC was founded on 29-08-1997.
- Is SIDE BY SIDE MUSIC still active?
- Yes, SIDE BY SIDE MUSIC is an active enterprise in the KBO register.
- What is the turnover of SIDE BY SIDE MUSIC?
- The turnover in financial year 2024 is ≈ €240,000. This figure is estimated from the gross margin of €23,930 and 84 comparable companies (NACE 475). It probably lies between €120,000 and €480,000. It is a rough estimate. In financial year 2018 turnover was €73,920.Financials
- Is SIDE BY SIDE MUSIC profitable?
- In financial year 2024, SIDE BY SIDE MUSIC made a loss of €199,068.
- Where can I find the annual accounts of SIDE BY SIDE MUSIC?
- SIDE BY SIDE MUSIC filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)
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