Financials
Financial year 2025
Bauer Media Outdoor Belgium from Vilvoorde, company number BE0412432122, closed financial year 2025 with a result of € 6.6 million after tax. For that financial year Bauer Media Outdoor Belgium recorded revenue of € 71 million and equity of € 24.4 million. Compared with financial year 2024, the result moved from € 4.1 million to € 6.6 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 24.4 million
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.6 million
▲ 62% vs 2024
Profit after tax over the fiscal year.
€ 4.9 million
▲ € 4.5 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 17.6 million.
People and assets in 2025
214.1
▲ 5.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 17.5 million
▲ 12% vs 2024
€ 81,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 380,912
▲ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 16.4 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 118 days on average.
€ 13.4 million
▲ 48% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 46,709,417 | € 60,733,898 | € 63,787,426 | € 71,034,987 | ▲ 11% |
| Profit after taxes | € -131,233 | € 2,839,664 | € 4,082,603 | € 6,608,191 | ▲ 62% |
| Equity | € 10,819,764 | € 13,659,428 | € 17,742,031 | € 24,350,222 | ▲ 37% |
| Total debts | € 35,008,018 | € 42,442,022 | € 44,633,765 | € 47,753,395 | ▲ 7% |
| Cash | € 167,229 | € 223,991 | € 460,439 | € 4,937,278 | ▲ € 4.5 million |
| Land & buildings | € 325,105 | € 313,150 | € 313,150 | € 271,803 | ▼ 13% |
| Retained profit | € 4,100,093 | € 6,939,756 | € 11,022,359 | € 17,630,550 | ▲ 60% |
| Balance sheet total | € 54,126,186 | € 63,100,345 | € 68,131,860 | € 72,165,537 | ▲ 6% |
| Employees (FTE) | 180.7 | 196.1 | 208.6 | 214.1 | ▲ 5.5 |
Key figures of Bauer Media Outdoor Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Bauer Media Outdoor Belgium?
What happened at Bauer Media Outdoor Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6.6 million (▲ 62% vs 2024). Source: NBB ↗
- Cut The Mustard SRL became a director. NBB
- Justin Cochrane became a director. NBB
- JAN DE MOOR became a director. NBB
- LINKO SRL became a director. NBB
- New establishment in Vilvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 131,233 loss in 2022 to € 6.6 million profit in 2025.
Paid € 4.3 million in corporate taxes since 2022.
Best year ever: 2025, with € 6.6 million profit.
Pays suppliers within 118 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Bauer Media Outdoor Belgium are Cut The Mustard SRL, Justin Cochrane, JAN DE MOOR and LINKO SRL. The shares are held by Bauer Media Outdoor Oversees LTD (100%). It owns 100% of Service2cities itself.
Directors
According to the 2025 annual accounts
since 2023
Justin Cochrane
Director
since 2023
since 2023
Director · represented by Daniel SAX
since 2023
Shareholders
Bauer Media Outdoor Oversees LTD
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Laurent-Benoit Dewezplein 5
1800 Vilvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.432.122
- VAT number
- BE 0412.432.122
- Registered office
- Laurent-Benoit Dewezplein 5, 1800 Vilvoorde
- Names & denominations
- Bauer Media Outdoor Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 1972
- Peppol
- Active · Active since 19 Sept 2023
- Contact
- [email protected] 02/641 73 00
- Activities · NACE
Mediarepresentatie
Beheer van publiciteitsdragers
Publiciteitsagentschappen
Activiteiten van reclamebureaus