MARKETSIDE
ActiveSummary
The computed 12-month bankruptcy probability of MARKETSIDE is 3.2% (moderate). The 2024 annual accounts show equity of €931k and a net result of €-35k. Equity is shrinking by ~2.9% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability17▼-17
Solvency76▼-7
Growth32=
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.38 in 2023; short-term debt: 7.3% and cash: 0.4% of total assets), and 48.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
51.1%
Return on assets
-1.9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
222324
2022 to 2024 · latest year €-35k
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 02-06-2025, 59 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
49 d early
2022
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€931k▼ 3.7%
2023 · €967k
2022: €987k
2023: €967k
2022 → 2024
Total assets
€1.82M▲ 8.5%
2023 · €1.68M
2022: €1.39M
2023: €1.68M
2022 → 2024
Net result
€-35k▼ 75.9%
2023 · €-20k
2022: €-13k
2023: €-20k
2022 → 2024
Working capital
€-126k▼ 143%
2023 · €-52k
2022: €102k
2023: €-52k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€987k-€967k▼ 2.0%€931k▼ 3.7%
Operating result€-10k-€-9k▲ 9.7%€-16k▼ 73.3%
Net result€-13k-€-20k▼ 54.8%€-35k▼ 75.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2024 against €9k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.82M
Fixed assets
€1.81M ▲ 10.2%
Current assets
€7k ▼ 78.0%
Equity and liabilities €1.82M
Equity
€931k ▼ 3.7%
Debt
€890k ▲ 25.0%
Debt's share of the balance-sheet total rises from 42.4% to 48.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k
Cash flow
€-18k
Current ratio
0.05▼
2023 · 0.38
Debt to equity
0.96▲
2023 · 0.74
ROE
-3.8%▼
2023 · -2.1%
ROA
-1.9%▼
2023 · -1.2%
Interest coverage
0.09
Debt ≤ 1 year
€133k▲
2023 · €84k
Debt > 1 year
€750k▲
2023 · €622k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 30 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.68M€1.82M▲
Fixed assets21/28€1.65M€1.81M▲
Tangible fixed assets22/27€1.65M€1.81M▲
Land and buildings22€1.65M€1.81M▲
Current assets29/58€32k€7k▼
Cash at bank and in hand54/58€32k€7k▼
Equity and liabilities
Total equity and liabilities10/49€1.68M€1.82M▲
Equity10/15€967k€931k▼
Contributions10/11€1.00M€1.00M=
Profit (loss) carried forward14€-33k€-69k▼
Amounts payable17/49€712k€890k▲
Amounts payable after more than one year17€622k€750k▲
Financial debts170/4€622k€750k▲
Amounts payable within one year42/48€84k€133k▲
Current portion of amounts payable after more than one year42-€19k
Trade debts44€9k€99▼
Suppliers440/4€9k€99▼
Other amounts payable47/48€75k€114k▲
Accrued charges and deferred income492/3€6k€7k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€18k
Other operating charges640/8€1k€1k▼
Gross operating margin9900€-8k€3k▲
Operating profit (loss)9901€-9k€-16k▼
Financial charges65/66B€11k€19k▲
Recurring financial charges65€11k€19k▲
Profit (loss) for the period before taxes9903€-20k€-35k▼
Profit (loss) for the period9904€-20k€-35k▼
Profit (loss) for the period to be appropriated9905€-20k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-69k▼
Profit (loss) brought forward from the previous period14P€-13k€-33k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Antwerpen · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leuvenstraat 112000 AntwerpenGround area
1,636 m²
Building footprint
538 m²
Volume, LiDAR
78 m³
Parcel 11811L3973/00D002, Flanders · tallest building 5.3 m. Linked by address, not a title deed.
1 establishment unit
MARKETSIDE
since 20222.328.423.236
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3973/00D002 | Flanders | 1,636 m² | 1 · 538 m² | 5.2 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.