What does OUT OF OUR MINDS do?

OUT OF OUR MINDS is an IT company in Gent. Private Limited, started on 26 September 2018, 1 establishment.

What is the address of OUT OF OUR MINDS?

The registered office of OUT OF OUR MINDS is located at Josepha Goethalsstraat 8, 9040 Gent.

Is OUT OF OUR MINDS still active?

Yes. According to the CBE (31 October 2026) OUT OF OUR MINDS is active, legal situation “Normale toestand”, started on 26 September 2018.

Is OUT OF OUR MINDS registered on Peppol?

Yes, OUT OF OUR MINDS is registered on the Peppol network with ID 0208:0705886420.

What is the enterprise number of OUT OF OUR MINDS?

The enterprise number of OUT OF OUR MINDS is BE0705886420.

When was OUT OF OUR MINDS founded?

OUT OF OUR MINDS was founded on 26 September 2018.

Who are the directors of OUT OF OUR MINDS?

According to the 2024 annual accounts, the directors of OUT OF OUR MINDS are: Wouter Gheysen.

Is OUT OF OUR MINDS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 September 2018; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did OUT OF OUR MINDS make in 2024?

OUT OF OUR MINDS posted a profit after taxes of € 16,592 in financial year 2024.

What is the revenue of OUT OF OUR MINDS?

As a small company, OUT OF OUR MINDS is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 47,624.

OUT OF OUR MINDS (Private Limited) - Gent - BE0705886420

Dossier OUT OF OUR MINDS, printed on 1 November 2026 from databakkes.be/en/0705886420/out-of-our-minds. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

OUT OF OUR MINDS from Gent, company number BE0705886420, closed financial year 2024 with a result of € 16,592 after tax. For that financial year OUT OF OUR MINDS recorded a gross margin of € 47,624 and equity of € 165,132. Compared with financial year 2023, the result moved from € 13,746 to € 16,592. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2025.

What it is worth Growing

€ 165,132

▲ 11% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 16,592

▲ 21% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 117,871

▲ 5% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 158,932.

People and assets in 2024

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 45,317

▼ 30% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 45,191

▼ 22% vs 2023

€ 13,334 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 7,742

▲ 31% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 27,110

▼ 23% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 65,420 Gross margin 2021: € 65,420 First fiscal year in the series	€ 53,523 Gross margin 2022: € 53,523 ▼ 18% vs 2021 (€ 65,420) Unfavourable step	€ 39,650 Gross margin 2023: € 39,650 ▼ 26% vs 2022 (€ 53,523) Unfavourable step	€ 47,624 Gross margin 2024: € 47,624 ▲ 20% vs 2023 (€ 39,650) Favourable step	▲ 20%
Profit after taxes	€ 40,406 Profit after taxes 2021: € 40,406 First fiscal year in the series	€ 31,891 Profit after taxes 2022: € 31,891 ▼ 21% vs 2021 (€ 40,406) Unfavourable step	€ 13,746 Profit after taxes 2023: € 13,746 ▼ 57% vs 2022 (€ 31,891) Unfavourable step	€ 16,592 Profit after taxes 2024: € 16,592 ▲ 21% vs 2023 (€ 13,746) Favourable step	▲ 21%
Equity	€ 102,904 Equity 2021: € 102,904 First fiscal year in the series	€ 134,795 Equity 2022: € 134,795 ▲ 31% vs 2021 (€ 102,904) Favourable step	€ 148,540 Equity 2023: € 148,540 ▲ 10% vs 2022 (€ 134,795) Favourable step	€ 165,132 Equity 2024: € 165,132 ▲ 11% vs 2023 (€ 148,540) Favourable step	▲ 11%
Total debts	€ 38,941 Total debts 2021: € 38,941 First fiscal year in the series	€ 55,215 Total debts 2022: € 55,215 ▲ 42% vs 2021 (€ 38,941) Unfavourable step	€ 99,326 Total debts 2023: € 99,326 ▲ 80% vs 2022 (€ 55,215) Unfavourable step	€ 80,043 Total debts 2024: € 80,043 ▼ 19% vs 2023 (€ 99,326) Favourable step	▼ 19%
Cash	€ 50,200 Cash 2021: € 50,200 First fiscal year in the series	€ 69,960 Cash 2022: € 69,960 ▲ 39% vs 2021 (€ 50,200) Favourable step	€ 111,766 Cash 2023: € 111,766 ▲ 60% vs 2022 (€ 69,960) Favourable step	€ 117,871 Cash 2024: € 117,871 ▲ 5% vs 2023 (€ 111,766) Favourable step	▲ 5%
Retained profit	€ 96,704 Retained profit 2021: € 96,704 First fiscal year in the series	€ 128,595 Retained profit 2022: € 128,595 ▲ 33% vs 2021 (€ 96,704) Favourable step	€ 142,340 Retained profit 2023: € 142,340 ▲ 11% vs 2022 (€ 128,595) Favourable step	€ 158,932 Retained profit 2024: € 158,932 ▲ 12% vs 2023 (€ 142,340) Favourable step	▲ 12%
Bank debt	€ 0 Bank debt 2021: € 0 First fiscal year in the series	€ 0 Bank debt 2022: € 0 Unchanged (€ 0) Unchanged	€ 58,043 Bank debt 2023: € 58,043 Unchanged (€ 0) Unfavourable step	€ 45,191 Bank debt 2024: € 45,191 ▼ 22% vs 2023 (€ 58,043) Favourable step	▼ 22%
Balance sheet total	€ 141,844 Balance sheet total 2021: € 141,844 First fiscal year in the series	€ 190,009 Balance sheet total 2022: € 190,009 ▲ 34% vs 2021 (€ 141,844) Unchanged	€ 247,866 Balance sheet total 2023: € 247,866 ▲ 30% vs 2022 (€ 190,009) Unchanged	€ 245,175 Balance sheet total 2024: € 245,175 ▼ 1% vs 2023 (€ 247,866) Unchanged	▼ 1%

Key figures of OUT OF OUR MINDS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to OUT OF OUR MINDS?

What happened at OUT OF OUR MINDS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 8, 2025 New annual accounts for financial year 2024: profit of € 16,592 (▲ 21% vs 2023). filed late Source: NBB ↗
Sep 26, 2018 New establishment in Gent. KBO
Sep 26, 2018 Start of the company according to the CBE. KBO

In short

From € 40,406 profit in 2021 to € 16,592 profit in 2024.

Paid € 56,323 in corporate taxes since 2021.

Best year ever: 2021, with € 40,406 profit.

Original PDFs at the National Bank ↗

Management

Wouter Gheysen

OUT OF OUR MINDS

Behind OUT OF OUR MINDS is Wouter Gheysen.

Directors

According to the 2024 annual accounts

Wouter Gheysen

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Josepha Goethalsstraat 8

9040 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0705.886.420

VAT number

BE 0705.886.420

Registered office

Josepha Goethalsstraat 8, 9040 Gent

Names & denominations

OUT OF OUR MINDS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

26 September 2018

Peppol

Active · Active since 4 Dec 2025

Activities · NACE

Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten

Computerconsultancy-activiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

OUT OF OUR MINDS

Financials

What happened to OUT OF OUR MINDS?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions