Equity
€614,040 from €8.1m in 2020
Equity fell by 92% in 5 years.
OUTOKUMPU
Lifetime
17 annual accounts with figures on one time axis, 49 filings since 1976peak €859,818 (2022)
€790,627▲ 7.3%
lowest -€524,322 (2012)
€29,841▼ 34.6%
peak €8.1m (2020)
€614,040▲ 5.1%
€194,163▼ 2.9%
peak 43.2 FTE (2010)
2.8 FTEunchanged
Board10 names since 2017
2 directorsCorinna Monika Osicki and 1 other
Owners2 names in the annual accounts
consolidatesOutokumpu OYJ
Documentsfilings and deeds
07-07-202624 days before the deadline
2025financial year
Result from €45,659 to €29,841
Key points
from the 2025 annual accountsTurnover
≈ €4.0m estimated
The accounts state no turnover.
Staff
2.8 FTE from 43.2 in 2010
Between 2010 and 2025, 94% of the full-time equivalents disappeared.
Filings
49 annual accounts 51 filings since 1976
Seven of the last ten came late. The 2017 accounts came latest: 356 days after the end of the period.
At the same address
65 companies
Position in the sector
76.0%
Higher solvency than 81% of companies in wholesale trade. Sector median 45.2% · 6,192 companies.
Checked score
71
Healthy
Financially stronger than 66% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 1.0%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.6%▼ -0.4 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026lowest value
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 4.20
1 of the last 3 accounts late
lowers risk
Founded in 1948
Equity €614,040 (76.0% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 84% on liquidity, 37% on profitability and 55% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as OUTOKUMPU has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of OUTOKUMPU itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 17,041 companies, not a prediction for OUTOKUMPU. 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.
Credit verdict
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.2 (3.92 in 2024), above the usual 1.5. Short-term debt is 23.8% of total assets. 24% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 days early
2024
27 days early
2023
92 days late
2022
20 days early
2021
29 days late
2020
58 days late
2019
129 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 34 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Reappointment: PricewaterhouseCoopers Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Christelle Gilles · General meeting of 20-10-2023 · Gazette deed
Capital decrease of €5,930,340.29 to €61,500
Capital from €5,991,840.29 to €61,500 · “Het verlenen van ondersteunende diensten,waaronder,maar niet beperkt tot,verkoop,supply chain,finance,HR of…” (deed in Dutch) · General meeting of 04-12-2023 · Gazette deed
Resignation: lan Holdsworth (director)
Appointment: Richard Waugh (director) · General meeting of 07-12-2022 · Gazette deed
Resignation: Hartmut Schmiedel (director)
Appointment: Corinna Monika Osicki (director) · General meeting of 07-07-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| OUTOKUMPU Brussels | €0.8m | €790,627 | 76.0% | 2.8 |
| CellMark Belgium Merelbeke-Melle | €1.4m | €978,627 | 62.8% | 4.7 |
| VOESTALPINE BELGIUM Grimbergen | €0.9m | €333,803 | 88.9% | 1.8 |
| Aciers Crustin Verviers | €2.7m | €498,099 | 35.4% | 2.5 |
| Borifa Willebroek | €1.3m | €581,566 | 87.6% | 6.2 |
| Het Metaal Sint-Niklaas | €2.6m | €714,482 | 81.7% | 3.9 |
| Transmétaux Charleroi | €1.9m | €404,063 | 67.9% | 3.7 |
These companies have the same main activity as OUTOKUMPU: wholesale trade (NACE 46820). They are comparable in size and age: total assets between €914,000 and €2.7m, founded between 1954 and 1971.
Official details
Source: KBO- Status
- Active since 01-01-1948Normal situation
- Registered office
- 66 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Wholesale tradeNACE 46820
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.174.686.1541000 Brussels, since 01-01-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- €808,202▲ 3.1%
- Employeeson 31-12-2025
- 3▲ 50.0%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on OUTOKUMPU
OUTOKUMPU has existed since 1948. The gross margin grew from €639,150 in 2020 to €790,627 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about OUTOKUMPU
- What is the company number of OUTOKUMPU?
- The company number of OUTOKUMPU is 0401.923.656. The VAT number is the same number with BE in front: BE 0401.923.656.
- Where is OUTOKUMPU based?
- The registered office is at de Meeûssquare 37, 1000 Brussels.Company details
- What does OUTOKUMPU do?
- According to the KBO register, the main activity is wholesale trade (NACE 46820).
- What is the legal form of OUTOKUMPU?
- OUTOKUMPU is a public limited company (NV).
- When was OUTOKUMPU founded?
- OUTOKUMPU was founded on 01-01-1948.
- Is OUTOKUMPU still active?
- Yes, OUTOKUMPU is an active enterprise in the KBO register.
- How many employees does OUTOKUMPU have?
- OUTOKUMPU had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does OUTOKUMPU fall under?
- In its 2025 annual accounts, OUTOKUMPU states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of OUTOKUMPU?
- The turnover in financial year 2025 is ≈ €4.0m. This figure is estimated from the gross margin of €790,627 and 139 comparable companies (NACE 46). It probably lies between €2.5m and €6.8m.
- Is OUTOKUMPU profitable?
- In financial year 2025, OUTOKUMPU made a profit of €29,841.
- Where can I find the annual accounts of OUTOKUMPU?
- OUTOKUMPU filed 51 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of OUTOKUMPU due?
- OUTOKUMPU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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