THE OUTSIDER - COAST
ActiveSummary
THE OUTSIDER - COAST has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €510k and a net result of €5k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 83% of 903 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-17
Solvency97▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.54 against 3.5 in 2024; short-term debt: 18.7% and cash: 19.2% of total assets), and 28.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.7%
Return on assets
0.8%
Age of the figures
9 mo
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 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
94 d early
2024
87 d early
2023
14 d early
2022
76 d early
2021
58 d early
2020
71 d early
2019
58 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€510k▼ 0.4%
2024 · €512k
2018: €378k
2019: €432k▲ +14.4% vs 2018
2020: €377k▼ -12.8% vs 2019lowest in 8 years
2021: €424k▲ +12.5% vs 2020
2022: €431k▲ +1.8% vs 2021
2023: €416k▼ -3.5% vs 2022
2024: €512k▲ +23.1% vs 2023highest in 8 years
2025: €510k▼ -0.4% vs 2024
2018 → 2025
Total assets
€712k▼ 1.5%
2024 · €722k
2018: €574klowest in 8 years
2019: €741k▲ +29.3% vs 2018
2020: €613k▼ -17.3% vs 2019
2021: €675k▲ +9.9% vs 2020
2022: €794k▲ +17.6% vs 2021highest in 8 years
2023: €710k▼ -10.5% vs 2022
2024: €722k▲ +1.7% vs 2023
2025: €712k▼ -1.5% vs 2024
2018 → 2025
Net result
€5k▼ 94.9%
2024 · €105k
2018: €74k
2019: €46k▼ -37.0% vs 2018
2020: €-45k▼ -196% vs 2019lowest in 8 years
2021: €30k▲ +167% vs 2020
2022: €7k▼ -75.9% vs 2021
2023: €-7k▼ -195% vs 2022
2024: €105k▲ +1637% vs 2023highest in 8 years
2025: €5k▼ -94.9% vs 2024
2018 → 2025
Working capital
€337k▲ 20.0%
2024 · €281k
2018: €136k
2019: €124k▼ -9.1% vs 2018
2020: €116k▼ -6.3% vs 2019lowest in 8 years
2021: €252k▲ +118% vs 2020
2022: €154k▼ -39.0% vs 2021
2023: €140k▼ -8.6% vs 2022
2024: €281k▲ +100% vs 2023
2025: €337k▲ +20.0% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€424k-€431k▲ 1.8%€416k▼ 3.5%€512k▲ 23.1%€510k▼ 0.4%
2021: €424k
2022: €431k▲ +1.8% vs 2021
2023: €416k▼ -3.5% vs 2022lowest in 5 years
2024: €512k▲ +23.1% vs 2023highest in 5 years
2025: €510k▼ -0.4% vs 2024
Operating result€12k-€-13k€-36k▼ 181%€73k€-30k
2021: €12k
2022: €-13k▼ -210% vs 2021
2023: €-36k▼ -181% vs 2022lowest in 5 years
2024: €73k▲ +301% vs 2023highest in 5 years
2025: €-30k▼ -141% vs 2024
Net result€30k-€7k▼ 75.9%€-7k€105k€5k▼ 94.9%
2021: €30k
2022: €7k▼ -75.9% vs 2021
2023: €-7k▼ -195% vs 2022lowest in 5 years
2024: €105k▲ +1637% vs 2023highest in 5 years
2025: €5k▼ -94.9% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €30k after €73k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €712k
Fixed assets
€241k ▼ 26.6%
Current assets
€470k ▲ 19.5%
Equity and liabilities €712k
Equity
€510k ▼ 0.4%
Debt
€202k ▼ 4.0%
Debt's share of the balance-sheet total falls from 29.1% to 28.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€70k▼
2024 · €178k
Cash flow
€106k▼
2024 · €210k
Current ratio
3.54▲
2024 · 3.50
Debt to equity
0.40▼
2024 · 0.41
ROE
1.1%▼
2024 · 20.5%
ROA
0.8%▼
2024 · 14.5%
Interest coverage
16.77▼
2024 · 42.19
Debt ≤ 1 year
€133k▲
2024 · €113k
Debt > 1 year
€68k▼
2024 · €97k
Income taxes
€924▼
2024 · €967
Staff costs
€266k▼
2024 · €321k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€722k€712k▼
Fixed assets21/28€329k€241k▼
Intangible fixed assets21€35k€41k▲
Tangible fixed assets22/27€284k€200k▼
Land and buildings22€167k€117k▼
Plant, machinery and equipment23€89k€66k▼
Furniture and vehicles24€27k€17k▼
Financial fixed assets28€10k€198▼
Current assets29/58€394k€470k▲
Amounts receivable within one year40/41€89k€162k▲
Trade receivables40€85k€145k▲
Other amounts receivable41€5k€17k▲
Current investments50/53€50k€153k▲
Cash at bank and in hand54/58€238k€137k▼
Deferred charges and accrued income490/1€16k€19k▲
Equity and liabilities
Total equity and liabilities10/49€722k€712k▼
Equity10/15€512k€510k▼
Contributions10/11€134k€134k=
Outside capital11€134k€134k=
Other1109/19€134k€134k=
Reserves13€355k€361k▲
Tax-exempt reserves132€36k€36k=
Distributable reserves133€319k€325k▲
Investment grants15€23k€15k▼
Provisions and deferred taxes16€0-
Deferred taxes168€0-
Amounts payable17/49€210k€202k▼
Amounts payable after more than one year17€97k€68k▼
Financial debts170/4€97k€68k▼
Amounts payable within one year42/48€113k€133k▲
Current portion of amounts payable after more than one year42€23k€29k▲
Trade debts44€31k€21k▼
Suppliers440/4€31k€21k▼
Advances received on contracts in progress46€3k€0▼
Taxes, remuneration and social security45€44k€59k▲
Taxes450/3€18k€31k▲
Remuneration and social security454/9€26k€28k▲
Other amounts payable47/48€11k€24k▲
Income statement
Code20242025
Remuneration, social security and pensions62€321k€266k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€100k▼
Other operating charges640/8€9k€13k▲
Gross operating margin9900€508k€349k▼
Operating profit (loss)9901€73k€-30k▼
Financial income75/76B€35k€41k▲
Recurring financial income75€35k€12k▼
Non-recurring financial income76B-€29k
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€104k€6k▼
Transfer from deferred taxes780€2k€0▼
Income taxes67/77€967€924▼
Profit (loss) for the period9904€105k€5k▼
Transfer from tax-exempt reserves789€4k€0▼
Profit (loss) for the period to be appropriated9905€109k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€109k€5k▼
Transfer to equity691/2€109k€5k▼
To other reserves6921€109k€5k▼
Social balance
Average headcount (FTE)90876.25.8▼
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | €299 | €0 | - | - | - |
| Remuneration, social security and pensions62 | €149k | €330k | €307k | €321k | €266k | ▼ 17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €73k | €83k | €97k | €105k | €100k | ▼ 4.4% |
| Other operating charges640/8 | €8k | €8k | €9k | €9k | €13k | ▲ 46.3% |
| Non-recurring operating charges66A | - | €9k | €0 | - | - | - |
| Gross operating margin9900 | €241k | €418k | €377k | €508k | €349k | ▼ 31.4% |
| Operating profit (loss)9901 | €12k | €-13k | €-36k | €73k | €-30k | ▼ 141% |
| Financial income75/76B | €17k | €22k | €30k | €35k | €41k | ▲ 17.4% |
| Recurring financial income75 | €17k | €22k | €30k | €35k | €12k | ▼ 66.7% |
| Non-recurring financial income76B | - | - | - | - | €29k | - |
| Financial charges65/66B | €3k | €3k | €3k | €4k | €4k | ▼ 1.2% |
| Recurring financial charges65 | €3k | €3k | €3k | €4k | €4k | ▼ 1.2% |
| Profit (loss) for the period before taxes9903 | €26k | €5k | €-10k | €104k | €6k | ▼ 93.9% |
| Transfer from deferred taxes780 | €4k | €4k | €4k | €2k | €0 | ▼ 100% |
| Income taxes67/77 | - | €2k | €1k | €967 | €924 | ▼ 4.5% |
| Profit (loss) for the period9904 | €30k | €7k | €-7k | €105k | €5k | ▼ 94.9% |
| Transfer from tax-exempt reserves789 | €8k | €8k | €8k | €4k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €38k | €15k | €818 | €109k | €5k | ▼ 95.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €675k | €794k | €710k | €722k | €712k | ▼ 1.5% |
| Fixed assets21/28 | €333k | €428k | €399k | €329k | €241k | ▼ 26.6% |
| Intangible fixed assets21 | - | €48k | €49k | €35k | €41k | ▲ 17.8% |
| Tangible fixed assets22/27 | €323k | €370k | €340k | €284k | €200k | ▼ 29.6% |
| Land and buildings22 | €276k | €277k | €221k | €167k | €117k | ▼ 30.1% |
| Plant, machinery and equipment23 | €43k | €89k | €105k | €89k | €66k | ▼ 26.0% |
| Furniture and vehicles24 | €5k | €4k | €15k | €27k | €17k | ▼ 38.7% |
| Financial fixed assets28 | €10k | €10k | €10k | €10k | €198 | ▼ 98.0% |
| Current assets29/58 | €341k | €366k | €312k | €394k | €470k | ▲ 19.5% |
| Amounts receivable within one year40/41 | €53k | €115k | €77k | €89k | €162k | ▲ 80.9% |
| Trade receivables40 | €48k | €89k | €71k | €85k | €145k | ▲ 71.8% |
| Other amounts receivable41 | €5k | €26k | €5k | €5k | €17k | ▲ 240% |
| Current investments50/53 | - | - | €125k | €50k | €153k | ▲ 204% |
| Cash at bank and in hand54/58 | €283k | €245k | €78k | €238k | €137k | ▼ 42.4% |
| Deferred charges and accrued income490/1 | €6k | €7k | €32k | €16k | €19k | ▲ 16.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €675k | €794k | €710k | €722k | €712k | ▼ 1.5% |
| Equity10/15 | €424k | €431k | €416k | €512k | €510k | ▼ 0.4% |
| Contributions10/11 | €134k | €134k | €134k | €134k | €134k | = |
| Outside capital11 | €134k | €134k | €134k | €134k | €134k | = |
| Other1109/19 | €134k | €134k | €134k | €134k | €134k | = |
| Reserves13 | €231k | €246k | €246k | €355k | €361k | ▲ 1.5% |
| Non-distributable reserves130/1 | €14k | €14k | €14k | - | - | - |
| Reserves not available under the articles1311 | €14k | €14k | €14k | - | - | - |
| Tax-exempt reserves132 | €36k | €36k | €36k | €36k | €36k | = |
| Distributable reserves133 | €181k | €196k | €197k | €319k | €325k | ▲ 1.7% |
| Investment grants15 | €59k | €51k | €35k | €23k | €15k | ▼ 33.5% |
| Provisions and deferred taxes16 | €10k | €6k | €2k | €0 | - | - |
| Deferred taxes168 | €10k | €6k | €2k | €0 | - | - |
| Amounts payable17/49 | €241k | €356k | €292k | €210k | €202k | ▼ 4.0% |
| Amounts payable after more than one year17 | €152k | €144k | €121k | €97k | €68k | ▼ 29.7% |
| Financial debts170/4 | €152k | €144k | €121k | €97k | €68k | ▼ 29.7% |
| Amounts payable within one year42/48 | €89k | €212k | €171k | €113k | €133k | ▲ 18.2% |
| Current portion of amounts payable after more than one year42 | €7k | €7k | €23k | €23k | €29k | ▲ 23.1% |
| Trade debts44 | €44k | €39k | €51k | €31k | €21k | ▼ 33.3% |
| Suppliers440/4 | €44k | €39k | €51k | €31k | €21k | ▼ 33.3% |
| Advances received on contracts in progress46 | €7k | €107k | €52k | €3k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €29k | €57k | €43k | €44k | €59k | ▲ 34.2% |
| Taxes450/3 | €19k | €11k | €2k | €18k | €31k | ▲ 73.4% |
| Remuneration and social security454/9 | €10k | €45k | €41k | €26k | €28k | ▲ 7.5% |
| Other amounts payable47/48 | €2k | €3k | €2k | €11k | €24k | ▲ 128% |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €7k | €-7k | €105k | €5k | ▼ 94.9% |
| + Depreciation and write-downs630 | €73k | €83k | €97k | €105k | €100k | ▼ 4.4% |
| Operating cash flow (approximation) | €103k | €91k | €90k | €210k | €106k | ▼ 49.6% |
| Investment in fixed assets (approximation) | - | €-178k | €-68k | €-35k | €-13k | ▲ 62.9% |
| Change in cash | - | €-38k | €-167k | €160k | €-101k | ▼ 163% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
State Gazette act
Reappointments: SNOWMAN KNOWS (non-statutory director) and TOURISM & OUTDOOR CONSULTANCY (non-statutory director)Permanent representatives: Geert Uytterhoeven and Hendrik Vandermarliere · Power of attorney8 facts ▸
State Gazette act
Reappointments: SNOWMAN KNOWS (non-statutory director) and TOURISM & OUTDOOR CONSULTANCY (non-statutory director)
Permanent representatives: Geert Uytterhoeven and Hendrik Vandermarliere · Power of attorney8 facts ▸
- General meeting, 19-08-2026
- Director reappointment, SNOWMAN KNOWS (non-statutory director)
- Permanent representative, Geert Uytterhoeven
- Director reappointment, TOURISM & OUTDOOR CONSULTANCY (non-statutory director)
- Permanent representative, Hendrik Vandermarliere
- Board meeting, 19-08-2026
- Director reappointment, SNOWMAN KNOWS (managing director)
- Power of attorney, TITECA
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €105k
Net result €105k after one loss-making year.
31-12
Financial
Equity above €500kEq €512k ▲23.1%
Equity rises from €416k to €512k.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
SNOWMAN KNOWS
CurrentNon-statutory director · since 04-04-2026 · Private limited company · perm. rep.: Geert Uytterhoeven
TOURISM & OUTDOOR CONSULTANCY
CurrentNon-statutory director · since 04-04-2026 · Private limited company · perm. rep.: Hendrik Vandermarliere
04-04-2026
SNOWMAN KNOWS: Mandate renewed as Non-statutory director
04-04-2026
SNOWMAN KNOWS: Mandate renewed as Managing director
04-04-2026
TOURISM & OUTDOOR CONSULTANCY: Mandate renewed as Non-statutory director
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Diksmuide · 3 establishment units since 2001
Ground area
3,746 m²
Building footprint
474 m²
Volume, LiDAR
2,482 m³
3 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
3 establishment units
THE OUTSIDER-COAST CVBA
since 20012.075.357.956
THE OUTSIDER - COAST
since 20062.172.531.467
Halvemaandijk 4, 8400 Oostende
since 20182.279.329.556
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382D0823/00C002indicative | Flanders | 2,461 m² | - | - |
| 32023B0425/00G000 | Flanders | 1,002 m² | 1 · 190 m² | 7.4 m · 2 fl. |
| 38021C0112/04C000 | Flanders | 284 m² | 1 · 284 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 29,219 EUR awarded · 29,790 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 1,441 EUR | 5,941 EUR |
| 2024 | 2 | 2,679 EUR | 10,483 EUR |
| 2023 | 2 | 492 EUR | 13,366 EUR |
| 2022 | 1 | 24,607 EUR | 0 EUR |
Schemes
Innovatieprojecten in de context van een speerpuntcluster
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Thematische projectoproep tot subsidiëring Toerisme Vlaanderen
Recognitions · licences · registrations
Food safety, FASFC
1 siteNieuwpoort2.172.531.467
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Of 3,292 companies in sector 93110 we hold annual accounts for 1,495. 1,020 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
Founded05-01-1996
Fiscal year end31-12
Activities, NACEBEL 2025
93110Operation of sports facilities
93199Other sports activities
51100Air transport
55209Other holiday and short-stay accommodation
85510Sports and recreation education
Scores and ratios are computed by Checked and are not a credit decision.