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Streamside

Active Public limited companyfounded 2020active for 6 yearsVerdussenstraat 29, 2018 AntwerpKBO/BCE: BE 0744.940.105

Lifetime

5 annual accounts with figures on one time axis
peak €1,085 (2025)
€1,085▲ €116,275
lowest -€539,398 (2022)
-€407,603▼ €147,307
peak €81,587 (2021)
-€1.4m▼ €407,603
€2.0m▲ 30.8%
Board5 names since 2020
5 directorsFrancis Hendrickx and 4 others
Owners2 names in the annual accounts
25.79%EQUINOXE INVESTMENTS and 1 other
Documentsfilings and deeds
28-05-202664 days before the deadline
2025micro format
Gross margin from -€115,190 to €1,085Loss of €407,603Equity from -€983,812 to -€1.4mDebts from €1.5m to €2.0m

Key points

from the 2025 annual accounts

Equity

-€1.4m
20212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€2.0m in five years
-518,4132021-539,3982022-265,7052023-260,2972024-407,6032025

Every financial year from 2021 to 2025 closed with a loss. 2022 was the heaviest.

Turnover

≈ €5,900 estimated

The micro format states no turnover.

Debts

€2.0m 334% of the balance sheet
Financial debts 73%Suppliers 7%Other 20%

Of this, €133,119 falls due within a year.

Board

3 joined

New directors. Latest change 30-04-2026 · 5 in office.

Position in the sector

-233.7%

Lower solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 21,206 companies.

Checked score

53
Fair
Financially stronger than 16% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.4%▼ -0.1 percentage points vs 12-2024 02-2025: 0.5%▲ +0.1 percentage points vs 01-2025 03-2025: 0.4%▼ -0.1 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.4%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.4%● unchanged vs 07-2025lowest value 09-2025: 0.4%● unchanged vs 08-2025lowest value 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.5%▲ +0.1 percentage points vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.2 percentage points vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026highest value 11-2026: 0.7%● unchanged vs 10-2026highest value

Financial strength
Weak

0=equity -233.7% of total assets
58-3short-term debt 22.4% · cash 12.7%
0=return on assets -68.5%

Score breakdown

raises risk
Capped at 59: negative equity
Loss of €407,603, the second in a row (financial year 2025)
Negative equity -€1.4m
lowers risk
Size: total assets €595,342
Sector: Computer programming, consultancy and related activities (NACE 62)
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 62, micro). It does better than 3% of them on solvency, 41% on liquidity, 5% on profitability and 17% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 562 companies had the same profile as Streamside has now. Each dot stands for 2 companies, two years later.

86.7%
were still trading
4.8%
stopped another way
7.1%
went bankrupt
  • Small
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Streamside itself is lower: 0.7% within 12 months. It rests on far more data about Streamside than the profile alone.

Test of the method

The method was tested on the 497,447 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 562 companies, not a prediction for Streamside. 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

No credit on open account

Liquidity is ample, with a current ratio of 1.8 (2.11 in 2024), above the usual 1.5. Short-term debt is 22.4% and cash 12.7% of total assets. However, equity is negative.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €407,603, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€1.4m
NBB · annual accounts
lowers risk · Size: total assets €595,342
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€1.4m
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 28-05-2026, 64 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
64 days early
2024
41 days early
2023
61 days early
2022
67 days early
2021
58 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 58 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 1 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 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

Board and ownership

JD
Managing director
SS
Director, Peter De Cuyper
FH
Director
DJ
Director, since 03-04-2026
VR
Director, since 03-04-2026
Board & ownership

Recent changes

3 directors reappointed Jan De Meester, SB Software BVBA and Francis Hendrickx · Permanent representative: Peter De Cuyper · General meeting of 30-04-2026 · Gazette deed
Appointments: VAN RANSBEEK Kristiaan Eduard Lieven (director) and DESLEE Jos Gerard Germain (director) Capital from €397,928 to €597,928, 72,725 new shares · Capital from €597,928 to €2,314,453.25, 624,191 new shares · Capital contribution: zekere, vaststaande en opeisbare schuldvorderingen · General meeting of 03-04-2026 · Gazette deed
New managing director Jan De Meester appointed, SB-Software BV resigned · Board meeting of 20-01-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0744940105
All 14 events

Comparable companies

same main activity, similar in size and age
Company
Streamside Antwerp €595,342 €1,085 -233.7% -
Independer.be Antwerp €742,867 -€616,354 38.8% 5
SMART SOFTWARE DEVELOPMENT Grobbendonk €681,907 -€1,793 27.4% -
Granstudio Belgium Kortrijk €639,715 -€105,470 -42.4% 2.7
OVERWORKS Tournai €557,409 -€20,660 62.4% -
GET YOUR WAY Awans €624,463 -€52,175 -38.9% -
Mindspeller BCI Herent €680,685 -€20,303 37.1% -

These companies have the same main activity as Streamside: computer programming (NACE 62100). They are comparable in size and age: total assets between €557,000 and €743,000, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 10-03-2020Normal situation
Activity
Computer programmingNACE 62100
Establishment unit
2.301.201.1752018 Antwerp, since 10-03-2020
Financial year end
31 December
Peppol
Reachable since 25-07-2025
Company details

Annual accounts 2025

€595,342▲ 11.3%
Filing
Filed on 28-05-2026, 64 days before the end of the filing period
Financials

Insights on Streamside

Streamside files the micro format. That format states no turnover. The gross margin rose from -€493,784 in 2021 to €1,085 in 2025.

In February 2026, the Official Gazette published the appointment of Jan De Meester as managing director.

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 Streamside

What is the company number of Streamside?
The company number of Streamside is 0744.940.105. The VAT number is the same number with BE in front: BE 0744.940.105.
Where is Streamside based?
The registered office is at Verdussenstraat 29, 2018 Antwerp.Company details
What does Streamside do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of Streamside?
Streamside is a public limited company (NV).
When was Streamside founded?
Streamside was founded on 10-03-2020.
Is Streamside still active?
Yes, Streamside is an active enterprise in the KBO register.
What is the turnover of Streamside?
The turnover in financial year 2025 is ≈ €5,900. This figure is estimated from the gross margin of €1,085 and 53 comparable companies (NACE 62100). It probably lies between €3,100 and €11,000. It is a rough estimate.Financials
Is Streamside profitable?
In financial year 2025, Streamside made a loss of €407,603.
Where can I find the annual accounts of Streamside?
Streamside filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Streamside due?
Streamside must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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