ACTIVE

LOWER EAST SIDE

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Financial year 2025 · Closed on 31/12/2025

Net result-21,2 k €-1 542,2 %over 1 year
Gross margin-22 k €-392,4 %over 1 year
Equity2,9 M €-0,7 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

LOWER EAST SIDE is a Public limited company incorporated in 2020. Its main activity is: Management of real estate on a fee or contract basis. Its registered office is in Pajottegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0752.558.662
Incorporation
13/08/2020
Legal form
Public limited company
Registered office
Oplombeekstraat 6
1755 Pajottegem · FlandreSee on map
Contributed capital
3 000 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
Good liquidity

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-22 k €-4,5 k €-11,7 k €-4,6 k €-33,1 k €
EBITDA-22,1 k €-4,8 k €-11,8 k €-4,7 k €-33,2 k €
Operating result-22,1 k €-4,8 k €-11,8 k €-4,7 k €-33,2 k €
Net result-21,2 k €1,5 k €-12 k €-4,8 k €-42,5 k €
Balance sheet
Equity2,9 M €2,9 M €2,9 M €3 M €3 M €
Total assets16,5 M €13,6 M €9,7 M €9,5 M €9,2 M €
Cash418,8 k €109,9 k €188,3 k €208,6 k €202,4 k €
Debts13,4 M €10,7 M €6,8 M €6,5 M €6,3 M €
Other
Workforce0,0 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
A-STAR GROUP0697.588.861Represented by Ben Van Loo
Director31/05/2022 → 30/05/2028
Filip Van Remortel
Director12/08/2020 → 11/08/2026
SAFFELBERG DIRECTOR & MANAGEMENT SERVICES0898.306.310Represented by Jos Sluys
Director12/08/2020 → 11/08/2026

Other companies at this address

Oplombeekstraat 6 1755 Pajottegem
CompanyCBE no.
BIZON● Active
0880.714.468
CLEANSAFFEL● Active
0672.915.031
De Pajotlopers● Active
0843.241.091
GREENWORX HOLDING● Active
0826.773.758
IMMERSIVE AUDIO TECHNOLOGIES● Active
0683.832.083
INCEPTA TECHNOLOGICA● Active
0719.905.294
KENIS & COOLS MANAGEMENT● Active
0876.785.473
PULLOAD● Active
1022.666.248
Retailsaffel● Active
0651.808.920
SAFFELBERG DIRECTOR & MANAGEMENT SERVICES● Active
0898.306.310
SAFFELBERG INVESTMENTS● Active
0892.301.812
SAS● Active
0459.677.258
SCIO PRODUCTIONS● Active
0832.126.376
SREW● Active
0686.763.166
TOPLIN● Active
0441.465.410

Full financial information

Source · NBB
20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202213/08/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months5 months
Filing date25/06/202626/06/202510/06/202427/07/202303/06/2022
General meeting19/06/202619/06/202510/05/202410/07/202331/05/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202625/06/2026DutchPDF
Abridged model31/12/202419/06/202526/06/2025DutchPDF
Abridged model31/12/202310/05/202410/06/2024DutchPDF
Abridged model31/12/202210/07/202327/07/2023DutchPDF
Abridged model31/12/202131/05/202203/06/2022DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
A-STAR GROUP0697.588.861Represented by Ben Van Loo
Director31/05/2022 → 30/05/2028
Filip Van Remortel
Director12/08/2020 → 11/08/2026
SAFFELBERG DIRECTOR & MANAGEMENT SERVICES0898.306.310Represented by Jos Sluys
Director12/08/2020 → 11/08/2026

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/08/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings5 filings
Mandates
A-STAR GROUP
SAFFELBERG DIRECTOR & MANAGEMENT SERVICES
Filip Van Remortel
202020212022202320242025202620272028
LOWER EAST SIDE
Oplombeekstraat 6, 1755 Pajottegem
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Oplombeekstraat 6, 1755 PajottegemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00205696

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
LOWER EAST SIDECurrent
CBE
Les
accounts 2025
Accounts 2025 · 2026-00205696
LOWER EAST SIDE
accounts 2021 → 2024
Accounts 2024 · 2025-00188555

Events

  1. 2025
    Annual accounts 2025-21,2 k €↓
  2. 2025
    Name changeLes
  3. 2024
    Annual accounts 20241,5 k €↑
  4. 2023
    Annual accounts 2023-12 k €↓
  5. 2022
    Annual accounts 2022-4,8 k €↑
  6. 2021
    Annual accounts 2021-42,5 k €
  7. 13/08/2020
    IncorporationPublic limited company