Liquidity
9.27 was 4.64 in 2024
Short-term debts fell from €14,894 to €7,363.
SIDERS
Lifetime
19 annual accounts with figures on one time axispeak €30,602 (2010)
€13,600▲ 57.4%
lowest -€19,692 (2007)
€720▼ 80.5%
peak €62,107 (2025)
€62,107▲ 1.2%
€9,530▼ 36.0%
peak 0.5 FTE (2007)
-not published
Board2 names since 2021
1 director
Documentsfilings and deeds
25-08-202625 days late
2025micro format
Gross margin from €8,639 to €13,600Result from €3,686 to €720Debts from €14,894 to €9,530
Key points
from the 2025 annual accountsFilings
19 annual accounts since 2007
Eight of the last ten came late. The 2019 accounts came latest: 87 days after the end of the period.
Position in the sector
86.7%
Higher solvency than 94% of companies in food and beverage service. Sector median 29.6% · 18,532 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,044 companies had the same profile as SIDERS has now. Each dot stands for 43 companies, two years later.
94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 17,044 companies, not a prediction for SIDERS. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0883245574
Amendment of the articles · Legal-form change · Resignations & appointments
Gazette deed
Resignation: (director)
General meeting of 18-03-2021 · Gazette deed
Incorporation
published on 08-09-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SIDERS Bruges | €71,637 | €13,600 | 86.7% | - |
| JADE VILLAGE Berchem-Sainte-Agathe | €73,164 | €12,556 | 90.7% | - |
| JOME & TNAA Zaventem | €73,633 | €13,834 | -19.4% | - |
| PENNEKE DOP Willebroek | €78,252 | €12,271 | 6.5% | - |
| LE DRAGON ROYAL Morlanwelz | €73,517 | €13,156 | 61.5% | - |
| ROBERTOS Temse | €75,325 | €16,195 | -8.8% | - |
| TUSSENSTOP Bruges | €77,443 | €17,593 | 67.0% | - |
These companies have the same main activity as SIDERS: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €73,200 and €78,300, founded between 2002 and 2008.
Official details
Source: KBO- Status
- Active since 31-08-2006Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Establishment unit
- 2.231.194.7908000 Bruges, since 31-08-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 05-11-2025
Insights on SIDERS
SIDERS files the micro format. That format states no turnover. The gross margin rose from -€14,602 in 2007 to €13,600 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 SIDERS
- What is the company number of SIDERS?
- The company number of SIDERS is 0883.245.574. The VAT number is the same number with BE in front: BE 0883.245.574.
- Where is SIDERS based?
- The registered office is at Academiestraat 6, 8000 Bruges.Company details
- What does SIDERS do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of SIDERS?
- SIDERS is a private limited company (BV).
- When was SIDERS founded?
- SIDERS was founded on 31-08-2006.
- Is SIDERS still active?
- Yes, SIDERS is an active enterprise in the KBO register.
- How many employees does SIDERS have?
- SIDERS had an average of 0.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SIDERS?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €13,600 and 89 comparable companies (NACE 56111). It probably lies between €71,000 and €290,000. It is a rough estimate. In financial year 2019 turnover was €106,065.
- Is SIDERS profitable?
- In financial year 2025, SIDERS made a profit of €720.
- Where can I find the annual accounts of SIDERS?
- SIDERS filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SIDERS due?
- SIDERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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