SIDES
ActiveSummary
SIDES has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21,900 and a net result of €20,400. Its solvency ranks better than 72% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.05; short-term debt: 25.2% and cash: 39.8% of total assets), and 25.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
74.8%
Return on assets
69.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
20 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 20 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€21,900
Total assets
€29,269
Net result
€20,400
Working capital
€7,726
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €29,269
Fixed assets
€14,174
Current assets
€15,095
Equity and liabilities €29,269
Equity
€21,900
Debt
€7,369
Debt finances 25.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€28,103
Cash flow
€22,226
Current ratio
2.05
Debt to equity
0.34
ROE
93.2%
ROA
69.7%
Interest coverage
364.98
Debt ≤ 1 year
€7,369
Income taxes
€5,800
Annual accounts
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,826 |
| Other operating charges640/8 | €644 |
| Gross operating margin9900 | €28,747 |
| Operating profit (loss)9901 | €26,277 |
| Financial charges65/66B | €77 |
| Recurring financial charges65 | €77 |
| Profit (loss) for the period before taxes9903 | €26,200 |
| Income taxes67/77 | €5,800 |
| Profit (loss) for the period9904 | €20,400 |
| Profit (loss) for the period to be appropriated9905 | €20,400 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €29,269 | |
| Fixed assets21/28 | €14,174 | |
| Tangible fixed assets22/27 | €14,174 | |
| Furniture and vehicles24 | €8,174 | |
| Assets under construction and advance payments27 | €6,000 | |
| Current assets29/58 | €15,095 | |
| Amounts receivable within one year40/41 | €2,846 | |
| Trade receivables40 | €2,846 | |
| Cash at bank and in hand54/58 | €11,647 | |
| Deferred charges and accrued income490/1 | €602 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €29,269 | |
| Equity10/15 | €21,900 | |
| Contributions10/11 | €1,500 | |
| Profit (loss) carried forward14 | €20,400 | |
| Amounts payable17/49 | €7,369 | |
| Amounts payable within one year42/48 | €7,369 | |
| Trade debts44 | €132 | |
| Suppliers440/4 | €132 | |
| Taxes, remuneration and social security45 | €6,206 | |
| Taxes450/3 | €6,206 | |
| Other amounts payable47/48 | €1,031 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €20,400 |
| + Depreciation and write-downs630 | €1,826 |
| Operating cash flow (approximation) | €22,226 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts
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.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe
Ground area
113 m²
Building footprint
90 m²
Volume, LiDAR
1,273 m³
Parcel 21674C0185/00X002, Brussels · tallest building 22.0 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21674C0185/00X002 | Brussels | 113 m² | 1 · 90 m² | 22.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
EXIN ARCHITECTURE, ENGINEERING & DESIGN
BE 0550.774.710
Dilbeek · Eq €21,879
Davy Nekkebroek Architect
BE 0809.023.451
Arendonk · Eq €21,872
Buro Bauer Architectuur
BE 0738.755.067
Antwerpen · Eq €21,872
Ariës Brugge
BE 0760.888.784
Brugge · Eq €21,929
ARNAUD HAVET ARCHITECTURE
BE 0788.974.343
Stoumont · Eq €21,871
Of 18,249 companies in sector 71111 we hold annual accounts for 6,320. 4,592 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-04-2024
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
Scores and ratios are computed by Checked and are not a credit decision.