OUTCOMM
Dissolved and wound upFinancials · financial year 2024, micro format
Annual accounts 2024 filed on 08-07-2025 PDF all 26 filings
Equity
€122,604▼ 3.6%
2023 · €127,245
Total assets
€128,893▼ 10.8%
2023 · €144,473
Net result
-€4,641
2023 · €11,745
Working capital
€122,564▼ 3.5%
2023 · €127,005
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
-€3,034
2024
20182024
Net result
-€4,641
2024
20182024
Equity
€122,604
▼ 3.6%
2024
20182024
Total assets
€128,893
▼ 10.8%
2024
20182024
Debt
€6,289
▼ 63.5%
2024
20182024
Working capital
€122,564
▼ 3.5%
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€43,843-€8,775▼ 80.0%-€5,316€67,859€70,063▲ 3.2%€18,106▼ 74.2%-€3,034
Net result€36,932-€7,317▼ 80.2%-€3,223€47,921€47,150▼ 1.6%€11,745▼ 75.1%-€4,641
Equity€113,300-€120,618▲ 6.5%€117,394▼ 2.7%€114,316▼ 2.6%€136,466▲ 19.4%€127,245▼ 6.8%€122,604▼ 3.6%
Total assets€137,891-€140,956▲ 2.2%€139,078▼ 1.3%€147,111▲ 5.8%€185,483▲ 26.1%€144,473▼ 22.1%€128,893▼ 10.8%
Debt€24,591-€20,338▼ 17.3%€21,684▲ 6.6%€32,796▲ 51.2%€49,017▲ 49.5%€17,228▼ 64.9%€6,289▼ 63.5%
Working capital€73,270-€82,235▲ 12.2%€91,527▲ 11.3%€109,693▲ 19.8%€129,508▲ 18.1%€127,005▼ 1.9%€122,564▼ 3.5%
The operating result for 2024 is a loss of €3,034, after a profit of €18,106 in 2023. It is the lowest result since 2020.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €128,893
Fixed assets
€40 ▼ 83.3%
Current assets
€128,853 ▼ 10.7%
Equity and liabilities €128,893
Equity
€122,604 ▼ 3.6%
Debt
€6,289 ▼ 63.5%
Debt's share of the balance-sheet total falls from 11.9% to 4.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€2,834▼
2023 · €25,265
Cash flow
-€4,442▼
2023 · €18,904
Current ratio
20.49▲
2023 · 8.37
Debt to equity
0.05▼
2023 · 0.14
ROE
-3.8%▼
2023 · 9.2%
ROA
-3.6%▼
2023 · 8.1%
Interest coverage
-13.49▼
2023 · 34.22
Debt ≤ 1 year
€6,289▼
2023 · €17,228
Income taxes
€1,397▼
2023 · €5,622
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | - | €6,075 | - | - |
| Depreciation and write-downs of the year | €6,386 | €9,223 | €7,159 | €200 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 · 1 entry · €317 awarded · €317 paidAnnual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,703 | €15,497 | €15,154 | €6,386 | €9,223 | €7,159 | €200 | ▼ 97.2% |
| Other operating charges640/8 | - | - | - | €863 | €753 | €907 | €855 | ▼ 5.8% |
| Non-recurring operating charges66A | - | - | - | - | - | €9 | - | - |
| Gross operating margin9900 | €60,217 | €25,501 | €10,660 | €75,108 | €80,039 | €26,181 | -€1,980 | - |
| Operating profit (loss)9901 | €43,843 | €8,775 | -€5,316 | €67,859 | €70,063 | €18,106 | -€3,034 | - |
| Financial income75/76B | - | - | - | €1,182 | - | - | - | - |
| Recurring financial income75 | €1,078 | €1,864 | €3,152 | €1,182 | - | - | - | - |
| Financial charges65/66B | - | - | - | €620 | €533 | €738 | €210 | ▼ 71.5% |
| Recurring financial charges65 | €1,339 | €1,121 | €817 | €620 | €533 | €738 | €210 | ▼ 71.5% |
| Profit (loss) for the period before taxes9903 | €43,582 | €9,517 | -€2,981 | €68,421 | €69,529 | €17,367 | -€3,244 | - |
| Income taxes67/77 | €6,650 | €2,200 | €243 | €20,500 | €22,379 | €5,622 | €1,397 | ▼ 75.2% |
| Profit (loss) for the period9904 | €36,932 | €7,317 | -€3,223 | €47,921 | €47,150 | €11,745 | -€4,641 | - |
| Profit (loss) for the period to be appropriated9905 | €36,932 | €7,317 | -€3,223 | €47,921 | €47,150 | €11,745 | -€4,641 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €137,891 | €140,956 | €139,078 | €147,111 | €185,483 | €144,473 | €128,893 | ▼ 10.8% |
| Fixed assets21/28 | €47,336 | €49,633 | €34,479 | €10,555 | €7,408 | €240 | €40 | ▼ 83.3% |
| Tangible fixed assets22/27 | €47,296 | €49,593 | €34,439 | €10,515 | €7,368 | €200 | - | - |
| Furniture and vehicles24 | - | - | - | €4,890 | €4,555 | €200 | - | - |
| Leasing and similar rights25 | - | - | - | €5,625 | €2,813 | - | - | - |
| Financial fixed assets28 | €40 | €40 | €40 | €40 | €40 | €40 | €40 | = |
| Current assets29/58 | €90,556 | €91,323 | €104,600 | €136,556 | €178,075 | €144,233 | €128,853 | ▼ 10.7% |
| Amounts receivable within one year40/41 | €74,579 | €75,404 | €79,058 | €43,385 | €27,118 | €7,000 | €5,600 | ▼ 20.0% |
| Trade receivables40 | - | - | - | €18,074 | €2,118 | - | - | - |
| Other amounts receivable41 | - | - | - | €25,311 | €25,000 | €7,000 | €5,600 | ▼ 20.0% |
| Current investments50/53 | - | - | - | - | - | - | €70,000 | - |
| Cash at bank and in hand54/58 | €14,901 | €14,055 | €21,377 | €91,989 | €150,958 | €137,233 | €53,127 | ▼ 61.3% |
| Deferred charges and accrued income490/1 | - | - | - | €1,182 | - | - | €126 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €137,891 | €140,956 | €139,078 | €147,111 | €185,483 | €144,473 | €128,893 | ▼ 10.8% |
| Equity10/15 | €113,300 | €120,618 | €117,394 | €114,316 | €136,466 | €127,245 | €122,604 | ▼ 3.6% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | - | - | - |
| Reserves13 | €94,360 | €101,360 | €101,360 | €95,360 | €117,360 | €127,000 | €127,000 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €93,500 | €115,500 | €127,000 | €127,000 | = |
| Profit (loss) carried forward14 | €340 | €658 | -€2,566 | €356 | €506 | €245 | -€4,396 | - |
| Amounts payable17/49 | €24,591 | €20,338 | €21,684 | €32,796 | €49,017 | €17,228 | €6,289 | ▼ 63.5% |
| Amounts payable after more than one year17 | €7,305 | €11,251 | €8,612 | €5,932 | €450 | - | - | - |
| Financial debts170/4 | - | - | - | €5,932 | €450 | - | - | - |
| Amounts payable within one year42/48 | €17,286 | €9,088 | €13,072 | €26,864 | €48,567 | €17,228 | €6,289 | ▼ 63.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,594 | €20,530 | €4,505 | - | - |
| Financial debts43 | - | - | - | €11,672 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €11,672 | - | - | - | - |
| Trade debts44 | - | €782 | €1,476 | €1,213 | €200 | €1,099 | €1,215 | ▲ 10.6% |
| Suppliers440/4 | - | - | - | €1,213 | €200 | €1,099 | €1,215 | ▲ 10.6% |
| Taxes, remuneration and social security45 | - | - | - | €10,385 | €9,184 | €4,864 | €3,041 | ▼ 37.5% |
| Taxes450/3 | - | - | - | €10,385 | €9,184 | €4,864 | €3,041 | ▼ 37.5% |
| Other amounts payable47/48 | - | - | - | - | €18,654 | €6,761 | €2,033 | ▼ 69.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,932 | €7,317 | -€3,223 | €47,921 | €47,150 | €11,745 | -€4,641 | - |
| + Depreciation and write-downs630 | €15,703 | €15,497 | €15,154 | €6,386 | €9,223 | €7,159 | €200 | ▼ 97.2% |
| Operating cash flow (approximation) | €52,635 | €22,815 | €11,931 | €54,307 | €56,373 | €18,904 | -€4,442 | - |
| Investment in fixed assets (approximation) | - | -€17,795 | €0 | €17,537 | -€6,075 | €9 | €0 | ▼ 100% |
| Change in cash | - | -€847 | €7,322 | €70,612 | €58,969 | -€13,725 | -€84,106 | ▼ 513% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 26 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 08-07-2025 | 2025-00242561 | |
| 31-12-2023 | micro format | 19-09-2024 | 2024-00465052 | |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00177409 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20330976 | |
| 31-12-2020 | micro format | 27-07-2021 | 2021-40100327 | |
| 31-12-2019 | micro format | 29-07-2020 | 2020-35200418 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-60900500 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-58300097 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-58300447 | |
| 31-12-2015 | abbreviated format | 15-07-2016 | 2016-32300326 |