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THE SIDES

Active
Private limited companyfounded 2011active for 15 yearsSchildedreef 22, 2970 Schilde, BelgiumKBO/BCE: BE 0840.061.570
Summary

THE SIDES has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,480 and a net result of €46,719. Equity has been stable since 2018 (±2.1% per year). Its solvency ranks better than 50% of 2,479 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-10-2011 Normal situation
Activity
Other support activities for arts and performing arts NACE 90399
Establishment unit
2.204.194.445 2970 Schilde, since 22-11-2011
Financial year end
31 December
Peppol
Reachable since 17-11-2025

Board and ownership

Board
Shareholders
  • Rik Zangannual accounts 2017
  • Koen Zangannual accounts 2017

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€58,961
Turnover
≈ €180,000
estimated
Profit
€46,719
Equity
€89,480
▼ 12.9%
Total assets
€182,061
▲ 67.7%
Filed on 03-07-2026, 28 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 1.92, cash €174,516Size: total assets €182,061Sector: Arts creation and performing arts activities (NACE 90)Equity €89,480 (49.1% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of micro companies in creative and performing arts (NACE 90)
Financial strength · tick: 2024
Strong
Solvency 74-26
equity 49.1% of total assets
Liquidity 74-26
short-term debt 50.9% · cash 95.9%
Profitability 100+100
return on assets 25.7%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (3,429 companies, NACE 90, micro)
Last 24 months 12-2024: < 0.1%highest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.92 (17.44 in 2024), above the usual 1.5. Short-term debt is 50.9% and cash 95.9% of total assets. However, 50.9% of the assets are financed with debt and provisions.
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 90, micro). It does better than 51% of them on solvency, 63% on liquidity, 91% on profitability and 29% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 1.92, cash €174,516
NBB · annual accounts
lowers risk · Size: total assets €182,061
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: Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Equity €89,480 (49.1% of total assets)
NBB · annual accounts
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
31 days early
2023
14 days late
2022
24 days early
2021
37 days early
2020
32 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% 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 3 July (4 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
01-11-2026 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

Key points

  • Positive: Back in profit in 2025after a loss of €35,972 in 2024 €46,719 View
  • Positive: Higher net result than 86% of companies in creative and performing artssector median €6,335 · 2,475 companies €46,719 View

Recent changes

  1. · Gazette deed Resignation: ZANG Rik Hilde Marc (manager)Reappointment: ZANG Rik Hilde Marc (director) · Permanent representative: ZANG Rik Hilde Marc
  2. · Gazette deed Registered office moved from Mortsel to Schilde
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as THE SIDES: other support activities for arts and performing arts (NACE 90399). They are comparable in size and age: total assets between €165,000 and €267,000, founded between 2008 and 2014.

CompanyTotal assetsGross margin
THE SIDES Schilde€182,061€58,961
MAdocx8888 Bornem€176,603€50,676
Cameo Willebroek€164,611€61,593
FABRIK ARTISTIK Antwerpen€167,412€77,936
Soul Happenings Leuven€173,800€82,642
LOVELY LOOKS Boortmeerbeek€267,168€55,846
Pollie Pocket Brussel€198,548€42,011
Full comparison

Key facts about THE SIDES

What is the company number of THE SIDES?
The company number of THE SIDES is 0840.061.570. The VAT number is the same number with BE in front: BE 0840.061.570.
Where is THE SIDES based?
The registered office is at Schildedreef 22, 2970 Schilde.Company details
What does THE SIDES do?
According to the KBO register, the main activity is other support activities for arts and performing arts (NACE 90399).
What is the legal form of THE SIDES?
The legal form of THE SIDES is Private limited company (BV).
When was THE SIDES founded?
THE SIDES was founded on 07-10-2011.
Is THE SIDES still active?
Yes, THE SIDES is an active enterprise in the KBO register.
What is the turnover of THE SIDES?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €58,961 and 2,678 comparable companies of the same size. It probably lies between €120,000 and €310,000. It is a rough estimate.Financials
Is THE SIDES profitable?
In financial year 2025, THE SIDES made a profit of €46,719.
Where can I find the annual accounts of THE SIDES?
THE SIDES filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THE SIDES due?
THE SIDES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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