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hOUTSIDE

Active
Private limited companyfounded 20242 yrs activeLage Vosbergstraat 82, 2840 Rumst, BelgiumKBO/BCE: BE 1009.566.496
Summary

The computed 12-month bankruptcy probability of hOUTSIDE is 2.5% (moderate). The 2025 annual accounts show equity of €10,804 and a net result of €10,704. Its solvency ranks better than 20% of 28184 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability91
Solvency43
Growth-
Track record67
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.7; short-term debt: 59.4% and cash: 9.8% of total assets), and 81.8% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
18.2%
Return on assets
18.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 28184 sector peers (2025).
NBB · sector comparison
Position among 28184 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
22 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 22 May 2024, hOUTSIDE was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€10,804
Total assets
€59,242
Net result
€10,704
Working capital
-€10,712

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €59,242
Fixed assets €34,778
Current assets €24,464
Equity and liabilities €59,242
Equity €10,804
Debt €48,438
Debt finances 81.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€22,957
Cash flow
€19,532
Current ratio
0.70
Debt to equity
4.48
ROE
99.1%
ROA
18.1%
Interest coverage
19.64
Debt ≤ 1 year
€35,176
Debt > 1 year
€12,395
Income taxes
€2,441

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€59,242
Fixed assets21/28€34,778
Intangible fixed assets21€898
Tangible fixed assets22/27€33,880
Plant, machinery and equipment23€9,616
Furniture and vehicles24€24,264
Current assets29/58€24,464
Amounts receivable within one year40/41€18,664
Trade receivables40€18,443
Other amounts receivable41€221
Cash at bank and in hand54/58€5,800
Equity and liabilities
Total equity and liabilities10/49€59,242
Equity10/15€10,804
Contributions10/11€100
Profit (loss) carried forward14€10,704
Amounts payable17/49€48,438
Amounts payable after more than one year17€12,395
Financial debts170/4€12,395
Amounts payable within one year42/48€35,176
Current portion of amounts payable after more than one year42€11,760
Trade debts44€12,419
Suppliers440/4€12,419
Taxes, remuneration and social security45€5,037
Taxes450/3€5,037
Other amounts payable47/48€5,960
Accrued charges and deferred income492/3€867
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,828
Other operating charges640/8€807
Gross operating margin9900€23,764
Operating profit (loss)9901€14,129
Financial income75/76B€185
Recurring financial income75€185
Financial charges65/66B€1,169
Recurring financial charges65€1,169
Profit (loss) for the period before taxes9903€13,145
Income taxes67/77€2,441
Profit (loss) for the period9904€10,704
Profit (loss) for the period to be appropriated9905€10,704
Appropriation of the result
Profit (loss) to be appropriated9906€10,704

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,828
Other operating charges640/8€807
Gross operating margin9900€23,764
Operating profit (loss)9901€14,129
Financial income75/76B€185
Recurring financial income75€185
Financial charges65/66B€1,169
Recurring financial charges65€1,169
Profit (loss) for the period before taxes9903€13,145
Income taxes67/77€2,441
Profit (loss) for the period9904€10,704
Profit (loss) for the period to be appropriated9905€10,704
Line2025
Assets
Total assets20/58€59,242
Fixed assets21/28€34,778
Intangible fixed assets21€898
Tangible fixed assets22/27€33,880
Plant, machinery and equipment23€9,616
Furniture and vehicles24€24,264
Current assets29/58€24,464
Amounts receivable within one year40/41€18,664
Trade receivables40€18,443
Other amounts receivable41€221
Cash at bank and in hand54/58€5,800
Equity and liabilities
Total equity and liabilities10/49€59,242
Equity10/15€10,804
Contributions10/11€100
Profit (loss) carried forward14€10,704
Amounts payable17/49€48,438
Amounts payable after more than one year17€12,395
Financial debts170/4€12,395
Amounts payable within one year42/48€35,176
Current portion of amounts payable after more than one year42€11,760
Trade debts44€12,419
Suppliers440/4€12,419
Taxes, remuneration and social security45€5,037
Taxes450/3€5,037
Other amounts payable47/48€5,960
Accrued charges and deferred income492/3€867
Line2025
Profit (loss) for the period9904€10,704
+ Depreciation and write-downs630€8,828
Operating cash flow (approximation)€19,532

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
22-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
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, Rumst · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
633 m²
Building footprint
145 m²
Volume, LiDAR
661 m³
Parcel 11037A0230/00R000, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
hOUTSIDE
Lage Vosbergstraat 82, 2840 RumstManufacture of other builders' carpentry and joinery
since 20242.359.758.788
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11037A0230/00R000 Flanders 633 m² 1 · 145 m² 9.6 m · 1 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

Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 4,825 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
Founded22-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
43310Plastering work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009566496
Also 9925:BE1009566496
Registered 22-11-2024

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.