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OUTCOM

Active
Private limited companyfounded 2004active for 22 yearsFloridalaan 126, 1180 Ukkel, BelgiumKBO/BCE: BE 0863.477.469

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

OUTCOM has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €922,788 and a net result of -€32,856. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 62% of 2,077 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 13 days after the deadline Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00396736.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
13-08-2026
Format
abbreviated format
Reference
2026-00396736
Turnover
≈ €220,000
Estimated: probably between €170,000 and €320,000
EBIT margin
Not included in this filing
Net result
-€32,856▲ 10.5%
2024 · -€36,711
Working capital
€406,762▲ 14.6%
2024 · €354,803
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €31,323, larger than the loss of €30,074 in 2024. It is the lowest result since 2021.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result-€0.03m 2025 Net result-€0.03m 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.03m--€0.02m▲ 36.7%-€0.02m▼ 12.9%€0.2m€0.4m▲ 190%€0.1m▼ 75.6%-€0.03m-€0.03m▼ 4.2%
Net result-€0.04m-€0.1m€0.05mwithin the sector's middle half▼ 58.4%€0.2mabove the sector's middle half▲ 349%€0.4mabove the sector's middle half▲ 59.0%-€0.03mbelow the sector's middle half-€0.04mbelow the sector's middle half▼ 19.8%-€0.03mbelow the sector's middle half▲ 10.5%
Equity€0.3m-€0.4m▲ 33.9%€0.4mwithin the sector's middle half▲ 14.6%€0.6mwithin the sector's middle half▲ 57.1%€1.0mwithin the sector's middle half▲ 57.8%€1.0mwithin the sector's middle half▼ 3.0%€1.0mwithin the sector's middle half▼ 3.7%€0.9mabove the sector's middle half▼ 3.4%
Total assets€0.9m-€0.9m▲ 9.2%€2.0mwithin the sector's middle half▲ 107%€1.8mwithin the sector's middle half▼ 9.0%€2.1mwithin the sector's middle half▲ 20.6%€1.8mwithin the sector's middle half▼ 15.9%€1.7mwithin the sector's middle half▼ 6.5%€1.6mabove the sector's middle half▼ 4.9%
Debt€0.5m-€0.5m▼ 2.3%€1.5m▲ 188%€0.9m▼ 38.9%€0.9m▼ 0.2%€0.7m▼ 24.3%€0.6m▼ 11.3%€0.6m▼ 7.7%
Working capital-€0.2m--€0.1m▲ 41.5%-€0.5mbelow the sector's middle half▼ 278%€0.07mwithin the sector's middle half€0.5mwithin the sector's middle half▲ 611%€0.3mwithin the sector's middle half▼ 31.2%€0.4mwithin the sector's middle half▲ 9.8%€0.4mabove the sector's middle half▲ 14.6%
Solvency31.1%-38.1%▲ 7.0pp21.1%within the sector's middle half▼ 17.0pp36.5%within the sector's middle half▲ 15.4pp47.8%within the sector's middle half▲ 11.3pp55.2%within the sector's middle half▲ 7.4pp56.8%within the sector's middle half▲ 1.6pp57.7%within the sector's middle half▲ 0.9pp
Current ratio0.26-0.63▲ 0.370.37below the sector's middle half▼ 0.261.21within the sector's middle half▲ 0.842.37within the sector's middle half▲ 1.163.10within the sector's middle half▲ 0.734.34above the sector's middle half▲ 1.235.52above the sector's middle half▲ 1.19
Return on assets (ROA)-5.0%-13.4%▲ 18.3pp2.7%within the sector's middle half▼ 10.7pp13.3%above the sector's middle half▲ 10.6pp17.5%above the sector's middle half▲ 4.2pp-1.7%below the sector's middle half▼ 19.2pp-2.2%below the sector's middle half▼ 0.5pp-2.1%below the sector's middle half▲ 0.1pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half
above within below The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets €1.1m ▼ 9.6%
Current assets €496,733 ▲ 7.7%
Equity and liabilities €1.6m
Equity €922,788 ▼ 3.4%
Provisions €125,294 ▼ 2.5%
Debt €552,455 ▼ 7.7%
Debt's share of the balance-sheet total falls from 35.6% to 34.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€86,243▼
2024 · €90,016
Cash flow
€84,710▲
2024 · €83,379
Debt to equity
0.60▼
2024 · 0.63
ROE
-3.6%▲
2024 · -3.8%
Interest coverage
8.68▼
2024 · 9.15
Debt ≤ 1 year
€89,971▼
2024 · €106,374
Debt > 1 year
€462,484▼
2024 · €491,986
Income taxes
€218▼
2024 · €409
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 8,617 companies had the same profile as OUTCOM has now. Two years later, 0.4% had gone bankrupt and 94.2% were still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94.2% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of OUTCOM itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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 8,617 companies, not a prediction for OUTCOM. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines

Source: Annual accounts 2025 at the NBB, filed on 13-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€1.7m€1.6m▼
Fixed assets21/28€1.2m€1.1m▼
Tangible fixed assets22/27€1.2m€1.1m▼
Land and buildings22€1.1m€1.0m▼
Plant, machinery and equipment23€0.05m€0.03m▼
Furniture and vehicles24€0.08m€0.05m▼
Financial fixed assets28€0.04m€0.04m=
Current assets29/58€0.5m€0.5m▲
Amounts receivable within one year40/41€0.06m€0.1m▲
Trade receivables40€0.05m€0.1m▲
Other amounts receivable41€0.01m€0.02m▲
Current investments50/53€0.3m€0.3m▲
Cash at bank and in hand54/58€0.07m€0.03m▼
Deferred charges and accrued income490/1€0.006m€0.006m▲
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.6m▼
Equity10/15€1.0m€0.9m▼
Contributions10/11€0.02m€0.02m=
Reserves13€0.9m€0.9m▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€0.2m€0.1m▼
Distributable reserves133€0.8m€0.8m▼
Provisions and deferred taxes16€0.1m€0.1m▼
Provisions for liabilities and charges160/5€0.08m€0.08m=
Pensions and similar obligations160€0.08m€0.08m=
Deferred taxes168€0.05m€0.05m▼
Amounts payable17/49€0.6m€0.6m▼
Amounts payable after more than one year17€0.5m€0.5m▼
Financial debts170/4€0.5m€0.5m▼
Amounts payable within one year42/48€0.1m€0.09m▼
Current portion of amounts payable after more than one year42€0.03m€0.03m▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€0.01m€0.01m▲
Suppliers440/4€0.01m€0.01m▲
Taxes, remuneration and social security45€0.02m€0.03m▲
Taxes450/3€0.02m€0.03m▲
Other amounts payable47/48€0.05m€0.02m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€0.006m€0.002m▼
Gross operating margin9900€0.1m€0.09m▼
Operating profit (loss)9901-€0.03m-€0.03m▼
Financial income75/76B€356€0.005m▲
Recurring financial income75€356€0.005m▲
Financial charges65/66B€0.01m€0.01m▲
Recurring financial charges65€0.01m€0.01m▲
Profit (loss) for the period before taxes9903-€0.04m-€0.04m▲
Transfer from deferred taxes780€0.003m€0.003m=
Income taxes67/77€409€218▼
Profit (loss) for the period9904-€0.04m-€0.03m▲
Transfer from tax-exempt reserves789€0.01m€0.01m=
Profit (loss) for the period to be appropriated9905-€0.03m-€0.02m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.03m-€0.02m▲
Transfer from equity791/2€0.03m€0.02m▼
Social balance sheet
Average headcount (FTE)90870.0-

The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€259,931€0----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67,263€55,851€196,143€103,119€105,294€110,055€120,090€117,566▼ 2.1%
Provisions for liabilities and charges: additions (uses and reversals)635/8---€94,974-€4,212-€90,762€0--
Other operating charges640/8---€6,982€6,445€13,375€6,310€1,568▼ 75.2%
Non-recurring operating charges66A---€0-----
Gross operating margin9900€39,635€40,254€180,570€356,983€548,083€140,183€96,325€87,810▼ 8.8%
Operating profit (loss)9901-€32,519-€20,598-€23,253€151,907€440,556€107,515-€30,074-€31,323▼ 4.2%
Financial income75/76B---€167,479€51,093€328€356€5,373▲ 15×
Recurring financial income75€2,073€157,144€85,767€167,479€51,093€328€356€5,373▲ 15×
Financial charges65/66B---€21,753€119,976€137,161€9,833€9,936▲ 1.0%
Recurring financial charges65€12,196€9,892€9,858€21,753€119,976€137,161€9,833€9,936▲ 1.0%
Profit (loss) for the period before taxes9903-€42,642€126,654€52,656€297,634€371,673-€29,318-€39,551-€35,887▲ 9.3%
Transfer from deferred taxes780---€3,249€3,249€3,249€3,249€3,249=
Transfer to deferred taxes680---€64,983€0----
Income taxes67/77€251€435€187€174€160€4,568€409€218▼ 46.7%
Profit (loss) for the period9904-€42,893€126,219€52,469€235,726€374,762-€30,637-€36,711-€32,856▲ 10.5%
Transfer from tax-exempt reserves789---€9,747€9,747€9,747€9,747€9,747=
Transfer to tax-exempt reserves689---€194,948€0----
Profit (loss) for the period to be appropriated9905-€42,893€126,219€52,469€50,525€384,510-€20,889-€26,963-€23,108▲ 14.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.9m€0.9m€2.0m€1.8m€2.1m€1.8m€1.7m€1.6m▼ 4.9%
Fixed assets21/28€0.8m€0.7m€1.7m€1.4m€1.3m€1.3m€1.2m€1.1m▼ 9.6%
Tangible fixed assets22/27€0.8m€0.7m€1.6m€1.4m€1.3m€1.3m€1.2m€1.1m▼ 9.9%
Land and buildings22---€1.3m€1.2m€1.1m€1.1m€1.0m▼ 7.0%
Plant, machinery and equipment23---€0.04m€0.06m€0.04m€0.05m€0.03m▼ 29.4%
Furniture and vehicles24---€0.05m€0.04m€0.1m€0.08m€0.05m▼ 36.0%
Financial fixed assets28€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m=
Current assets29/58€0.07m€0.2m€0.3m€0.4m€0.8m€0.5m€0.5m€0.5m▲ 7.7%
Amounts receivable within one year40/41€0.07m€0.06m€0.2m€0.2m€0.05m€0.05m€0.06m€0.1m▲ 98.0%
Trade receivables40---€0.2m€0.05m€0.05m€0.05m€0.1m▲ 125%
Other amounts receivable41---€0.02m€0-€0.01m€0.02m▲ 10.5%
Current investments50/53--€0.004m€0.02m€0.03m€0.06m€0.3m€0.3m▲ 3.6%
Cash at bank and in hand54/58€0.005m€0.2m€0.05m€0.2m€0.7m€0.4m€0.07m€0.03m▼ 54.2%
Deferred charges and accrued income490/1---€0.001m€0.003m€0.006m€0.006m€0.006m▲ 3.0%
Equity and liabilities
Total equity and liabilities10/49€0.9m€0.9m€2.0m€1.8m€2.1m€1.8m€1.7m€1.6m▼ 4.9%
Equity10/15€0.3m€0.4m€0.4m€0.6m€1.0m€1.0m€1.0m€0.9m▼ 3.4%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.3m€0.3m€0.4m€0.6m€1.0m€1.0m€0.9m€0.9m▼ 3.5%
Non-distributable reserves130/1---€0.003m€0.003m€0.003m€0--
Reserves not available under the articles1311---€0.003m€0.003m€0.003m€0--
Tax-exempt reserves132---€0.2m€0.2m€0.2m€0.2m€0.1m▼ 6.3%
Distributable reserves133---€0.4m€0.8m€0.8m€0.8m€0.8m▼ 3.0%
Provisions and deferred taxes16€0.08m€0.08m€0.08m€0.2m€0.2m€0.1m€0.1m€0.1m▼ 2.5%
Provisions for liabilities and charges160/5---€0.2m€0.2m€0.08m€0.08m€0.08m=
Pensions and similar obligations160---€0.08m€0.08m€0.08m€0.08m€0.08m=
Other liabilities and charges164/5---€0.09m€0.09m€0---
Deferred taxes168---€0.06m€0.06m€0.06m€0.05m€0.05m▼ 6.3%
Amounts payable17/49€0.5m€0.5m€1.5m€0.9m€0.9m€0.7m€0.6m€0.6m▼ 7.7%
Amounts payable after more than one year17€0.2m€0.2m€0.7m€0.6m€0.5m€0.5m€0.5m€0.5m▼ 6.0%
Financial debts170/4---€0.6m€0.5m€0.5m€0.5m€0.5m▼ 6.0%
Amounts payable within one year42/48€0.3m€0.3m€0.7m€0.3m€0.3m€0.2m€0.1m€0.09m▼ 15.4%
Current portion of amounts payable after more than one year42---€0.03m€0.03m€0.03m€0.03m€0.03m▲ 1.6%
Financial debts43---€22€2€35€0--
Credit institutions430/8---€22€2€35€0--
Trade debts44€0.004m€0.02m€0.02m€0.05m€0.02m€0.02m€0.01m€0.01m▲ 43.2%
Suppliers440/4---€0.05m€0.02m€0.02m€0.01m€0.01m▲ 43.2%
Advances received on contracts in progress46---€0-----
Taxes, remuneration and social security45---€0.01m€0.02m€0.02m€0.02m€0.03m▲ 23.4%
Taxes450/3---€0.01m€0.02m€0.02m€0.02m€0.03m▲ 23.4%
Other amounts payable47/48---€0.2m€0.3m€0.08m€0.05m€0.02m▼ 58.2%
Accrued charges and deferred income492/3---€0.003m€0----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€0.04m€0.1m€0.05m€0.2m€0.4m-€0.03m-€0.04m-€0.03m▲ 10.5%
+ Depreciation and write-downs630€0.07m€0.06m€0.2m€0.1m€0.1m€0.1m€0.1m€0.1m▼ 2.1%
Operating cash flow (approximation)€0.02m€0.2m€0.2m€0.3m€0.5m€0.08m€0.08m€0.08m▲ 1.6%
Investment in fixed assets (approximation)-€0-€1.1m€0.2m-€0.04m-€0.1m-€0.02m€0-
Change in cash-€0.1m-€0.1m€0.1m€0.6m-€0.4m-€0.3m-€0.04m▲ 87.2%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 21 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 13-08-2026 2026-00396736 NBB
31-12-2024 full format 19-08-2025 2025-00384422 PDF
31-12-2023 full format 26-08-2024 2024-00371163 PDF
31-12-2022 full format 10-08-2023 2023-00322537 PDF
31-12-2021 full format 24-08-2022 2022-20336143 PDF
31-12-2020 full format 25-08-2021 2021-53800090 PDF
31-12-2019 full format 06-08-2020 2020-39700119 PDF
31-12-2018 full format 05-08-2019 2019-44500186 PDF
31-12-2017 full format 20-08-2018 2018-47700546 PDF
31-12-2016 full format 18-08-2017 2017-45800210 PDF

Show all 21 filings

Comparable companies

These companies have the same main activity as OUTCOM: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €1.1m and €1.6m, founded between 2002 and 2007.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
OUTCOM Ukkel2004€1.6m€0.9m€0.09m-€0.03m2025
LAMA & KIDS Gent2002€1.6m€0.5m€0.08m-€0.1m2025
PGR Genk2005€1.3m€1.1m€0.09m€0.04m2025
GLOBAL ABC Elsene2007€1.3m€1.2m€0.08m€0.08m2025
PHINIBEL Anderlecht2003€1.1m€0.1m€0.09m€0.005m2025
MIMALEO Elsene2003€1.2m€0.8m€0.06m€0.02m2025
MEERSHOEK Sint-Martens-Latem2002€1.5m€0.4m€0.1m€0.02m2025

They were chosen from the 7,100 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.