KOBE PROJECTS

Active Private limited companyfounded 2002active for 24 yearsWitte Burg 40, 8670 KoksijdeKBO/BCE: BE 0478.048.761 subsidiary of DEVAN HOLDING

Part of the group DEVAN HOLDING 9 companies in 2 countries

See the group

KOBE PROJECTS

Financial year 2025

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Annual accounts 2025

abbreviated format, filed on 20-07-2026, 11 days before the deadline

-€22,279

▼ €20,330

-€32,527

▼ €19,822

-€25,052

▼ €19,157

€403,254

▼ 5.4%

68.8%

▼ 3.7 percentage points

9.32

▼ 10.20

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance sheet

balance sheet total €495,618 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

68.8%

Higher than 78% of 11,289 companies in 2025.

9.32

Higher than 90% of 10,841 companies in 2025.

-5.1%

Higher than 14% of 11,174 companies in 2025.

KOBE PROJECTS Middle half of the sector 80% of the sector Abbreviated accounts in real estate (NACE 68)

Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: top quarter · Staff: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	495,618	505,191	514,464	668,190	1.3m	359,813	365,712	390,026	423,714	431,781	789,427	818,919	842,594	858,060	854,237	816,375	405,500	197,292	246,798	274,224
`20`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	135
`21/28`	43,878	56,074	62,923	76,988	96,974	120,114	143,255	165,685	188,589	200,054	332,643	363,769	390,439	397,750	399,979	390,274	312,399	120,532	225,753	270,218
`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	386
`22/27`	43,878	56,074	62,923	76,988	96,974	120,114	143,255	165,685	188,589	200,054	317,208	348,334	314,827	322,365	324,820	314,616	303,076	120,508	225,680	269,624
`22`	42,943	54,478	60,667	69,906	92,290	114,673	137,056	159,440	181,823	192,768	317,208	348,334	120,350	133,289	143,496	154,093	156,400	114,299	176,245	186,336
`23`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38,734	68,104
`24`	935	1,596	2,257	2,918	0	237	473	-	-	-	-	-	-	-	-	-	3,105	6,210	10,700	15,184
`26`	-	-	0	4,164	4,684	5,205	5,725	6,246	6,766	7,286	-	-	194,477	189,076	181,324	160,523	143,571	-	-	-
`28`	-	-	-	-	-	-	-	-	-	-	15,435	15,435	75,612	75,385	75,158	75,658	9,324	24	74	74
`29/58`	451,740	449,117	451,541	591,203	1.2m	239,699	222,457	224,340	235,125	231,726	456,784	455,151	452,155	460,310	454,259	426,101	93,101	76,760	21,044	4,006
`3`	33,936	33,936	34,059	44,201	979,065	80,098	53,089	59,043	59,043	64,899	64,935	65,087	65,087	67,191	78,658	341,643	-	215	454	629
`30/36`	33,936	33,936	34,059	44,201	979,065	80,098	53,089	59,043	59,043	64,899	64,935	65,087	65,087	67,191	78,658	134,174	-	215	454	629
`37`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	207,469	-	-	-	-
`40/41`	389,071	382,373	408,721	494,059	21,334	129,866	138,302	126,497	169,217	157,921	386,545	384,803	361,757	388,341	371,523	81,930	87,713	68,248	270	645
`40`	12,862	19,843	32,199	24,528	13,106	15,181	15,627	7,930	27,926	10,110	317,888	333,717	360,217	381,208	371,461	49,779	68,420	44,033	-	500
`41`	376,209	362,530	376,522	469,531	8,228	114,685	122,675	118,567	141,292	147,811	68,656	51,086	1,540	7,133	62	32,152	19,293	24,214	270	145
`50/53`	-	-	-	-	-	-	-	-	-	-	-	-	16	405	500	502	1,383	1,164	462	455
`54/58`	5,491	3,396	7,721	52,620	159,485	28,340	30,752	38,486	6,550	8,454	4,497	2,678	22,328	510	2,706	2,026	4,005	7,133	19,858	2,278
`490/1`	23,242	29,411	1,039	323	314	1,395	314	314	314	452	807	2,583	2,967	3,862	871	-	-	-	-	-
Balance sheet: equity and liabilities
`10/49`	495,618	505,191	514,464	668,190	1.3m	359,813	365,712	390,026	423,714	431,781	789,427	818,919	842,594	858,060	854,237	816,375	405,500	197,292	246,798	274,224
`10/15`	340,965	366,017	371,912	381,674	266,813	275,545	260,819	274,456	276,240	280,051	174,792	148,998	179,162	-127,423	-181,679	-174,023	-137,654	-132,792	-44,065	-18,130
`10/11`	380,000	380,000	380,000	380,000	380,000	380,000	380,000	380,000	380,000	380,000	380,000	380,000	380,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000
`100`	-	-	-	-	-	-	380,000	380,000	380,000	380,000	380,000	380,000	380,000	80,000	80,000	80,000	80,000	80,000	80,000	80,000
`13`	-	-	0	1,674	10,048	10,419	10,791	11,162	11,533	11,904	12,275	12,595	13,017	13,389	13,760	14,131	14,502	14,873	9,677	9,677
`132`	-	-	-	0	371	742	1,113	1,485	1,856	2,227	2,598	2,918	3,340	3,712	4,083	4,454	4,825	5,196	-	-
`133`	-	-	0	1,674	9,677	9,677	9,677	9,677	9,677	9,677	9,677	9,677	9,677	9,677	9,677	9,677	9,677	9,677	9,677	9,677
`14`	-39,035	-13,983	-8,088	0	-123,235	-114,874	-129,971	-116,706	-115,293	-111,853	-217,483	-243,597	-213,855	-220,811	-275,439	-268,154	-232,156	-227,665	-133,743	-107,807
`16`	-	-	-	0	191	382	573	764	956	1,147	1,338	1,503	1,720	1,911	2,102	2,293	2,485	2,676	-	-
`168`	-	-	-	0	191	382	573	764	956	1,147	1,338	1,503	1,720	1,911	2,102	2,293	2,485	2,676	-	-
`17/49`	154,653	139,173	142,552	286,516	990,168	83,886	104,320	114,805	146,518	150,583	613,297	668,419	661,712	983,572	1.0m	988,104	540,670	327,409	290,863	292,354
`17`	101,667	111,667	121,667	131,667	16,001	30,667	46,667	62,667	78,667	94,667	325,084	373,417	363,350	252,617	275,232	297,595	319,196	149,090	208,603	224,211
`170/4`	101,667	111,667	121,667	131,667	16,001	30,667	46,667	62,667	78,667	94,667	325,084	373,417	363,350	252,617	275,232	297,595	319,196	149,090	208,603	224,211
`42/48`	48,486	23,007	16,385	150,350	969,668	48,509	53,998	48,641	60,701	53,225	287,643	294,371	298,362	730,955	758,445	688,822	219,687	178,319	82,260	68,144
`42`	10,000	10,000	10,000	10,000	16,000	17,333	17,333	17,333	17,333	17,333	48,333	47,000	40,600	22,615	22,363	23,368	25,442	22,301	16,173	16,900
`43`	-	-	0	17,536	382,000	-	-	-	-	-	483	284	-	2,065	100,000	100,000	-	-	-	-
`430/8`	-	-	0	17,536	382,000	-	-	-	-	-	483	284	-	2,065	-	-	-	-	-	-
`439`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100,000	100,000	-	-	-	-
`44`	14,716	801	1,743	14,937	67,399	31,076	36,426	30,821	30,362	35,891	5,379	6,674	30,251	64,084	61,354	21,984	40,662	54,620	1,301	139
`440/4`	14,716	801	1,743	14,937	67,399	31,076	36,426	30,821	30,362	35,891	5,379	6,674	30,251	64,084	61,354	21,984	40,662	54,620	1,301	139
`46`	-	-	-	0	97,977	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`45`	-	-	-	-	-	-	-	486	13,005	-	3,384	-	7,547	-	4	5,851	7,450	156	1,656	5,563
`450/3`	-	-	-	-	-	-	-	486	13,005	-	3,384	-	7,547	-	4	5,851	7,450	-	823	4,275
`454/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	156	833	1,288
`47/48`	23,771	12,206	4,643	107,877	406,292	100	238	-	-	-	230,064	240,413	219,964	642,191	574,725	537,619	146,133	101,242	63,130	45,543
`492/3`	4,500	4,500	4,500	4,500	4,500	4,710	3,655	3,497	7,151	2,691	570	630	-	-	137	1,688	1,788	-	-	-
Income statement
`76A`	4,877	-	-	-	-	-	-	-	-	104,248	-	-	-	-	-	-	9,998	-	-	-
`9900`	-22,279	-1,949	-12,204	255,413	20,695	39,270	11,390	23,712	22,971	135,977	83,071	57,831	57,774	107,745	49,324	13,037	28,038	48,639	42,313	53,617
`62`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,138	6,644	8,031
`630`	9,073	9,507	9,328	23,292	23,141	23,141	23,178	22,904	23,306	22,122	31,126	38,153	27,915	26,554	24,991	25,921	23,668	15,737	46,623	47,977
`640/8`	1,174	1,248	2,063	1,791	4,308	1,735	1,645	1,612	1,587	6,689	5,215	18,430	5,137	4,995	5,483	5,371	969	104,435	2,824	5,629
`66A`	-	0	4,736	-	-	-	-	-	-	-	-	9,207	-	-	-	-	6,673	-	-	-
`9901`	-32,527	-12,705	-28,332	230,331	-6,753	14,394	-13,433	-804	-1,922	107,165	46,730	1,248	24,722	76,196	18,850	-18,255	3,401	-73,671	-13,779	-8,020
`75/76B`	20,160	18,948	21,218	4,326	0	3,237	3,522	3,617	3,541	34,699	1,471	1,129	11	112	14	152	1,793	317	44	123
`75`	20,160	18,948	21,218	4,326	0	3,237	3,522	3,617	3,541	34,699	1,471	1,129	11	112	14	152	1,793	317	44	123
`65/66B`	12,686	12,138	2,648	14,518	2,170	3,096	3,917	4,788	5,622	36,797	22,571	23,551	18,337	22,241	26,709	18,457	13,573	12,695	12,199	11,827
`65`	12,686	12,138	2,648	14,518	2,170	3,096	3,917	4,788	5,622	36,797	22,571	23,551	18,337	22,241	26,709	18,457	13,573	12,695	12,199	11,827
`9903`	-25,052	-5,895	-9,762	220,139	-8,924	14,535	-13,828	-1,975	-4,002	105,068	25,629	-30,381	6,396	54,067	-7,845	-36,560	-5,054	-86,050	-25,934	-19,724
`780`	-	-	0	191	191	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`67/77`	-	-	0	469	-	-	-	-	-	-	-	1	2	2	2	-	-	1	1	-
`9904`	-25,052	-5,895	-9,762	219,861	-8,732	14,726	-13,637	-1,784	-3,811	105,259	25,794	-30,164	6,585	54,256	-7,656	-36,369	-4,862	-88,726	-25,935	-19,724
`789`	-	-	0	371	371	371	371	371	371	371	320	422	371	371	371	371	371	371	-	-
`689`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,567	-	-
`9905`	-25,052	-5,895	-9,762	220,232	-8,361	15,097	-13,266	-1,413	-3,440	105,630	26,114	-29,742	6,956	54,627	-7,285	-35,998	-4,491	-93,923	-25,935	-19,724
Appropriation of the result
`9906`	-39,035	-13,983	-9,762	96,997	-123,235	-114,874	-129,971	-116,706	-115,293	-111,853	-217,483	-243,597	-213,855	-220,811	-275,439	-268,154	-232,156	-227,665	-133,743	-107,807
`14P`	-13,983	-8,088	0	-123,235	-114,874	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	-	0	1,674	8,003	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`694/7`	-	-	0	105,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`694`	-	-	0	45,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`695`	-	-	0	60,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.1	0.4	0.3
Hours worked`1013`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	160	664	572
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 3 older financial years (2003-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 20-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	20-07-2026	2026-00311450	PDF
31-12-2024	abbreviated format	11-07-2025	2025-00260272	PDF
31-12-2023	abbreviated format	11-07-2024	2024-00236492	PDF
31-12-2022	abbreviated format	29-06-2023	2023-00174969	PDF
31-12-2021	abbreviated format	30-06-2022	2022-20158413	PDF
31-12-2020	abbreviated format	25-06-2021	2021-24500097	PDF
31-12-2019	abbreviated format	24-06-2020	2020-20100361	PDF
31-12-2018	abbreviated format	07-06-2019	2019-16900456	PDF
31-12-2017	abbreviated format	08-06-2018	2018-17200140	PDF
31-12-2016	micro format	26-06-2017	2017-22300074	PDF
31-12-2015	abbreviated format	18-07-2016	2016-33300564	PDF
31-12-2014	abbreviated format	20-07-2015	2015-33100197	PDF
31-12-2013	abbreviated format	10-06-2014	2014-17000119	PDF
31-12-2012	abbreviated format	05-06-2013	2013-15200163	PDF
31-12-2011	abbreviated format	11-06-2012	2012-16900185	PDF
31-12-2010	abbreviated format	14-06-2011	2011-15900015	PDF
31-12-2009	abbreviated format	08-06-2010	2010-15900535	PDF
31-12-2008	abbreviated format	03-06-2009	2009-18600052	PDF
31-12-2007	abbreviated format	10-06-2008	2008-20900288	PDF
31-12-2006	abbreviated format	05-06-2007	2007-18800276	PDF
31-12-2005	abbreviated format	24-04-2006	2006-12001465	PDF
31-12-2004	abbreviated format	22-12-2005	2005-91102637	PDF
31-12-2003	abbreviated format	27-07-2004	2004-51803477	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
-23,454	-3,198	-19,004	253,623	16,387	37,535	9,745	22,100	21,384	129,287	77,856	39,401	52,637	102,750	43,842	7,666	27,069	-57,934	32,845	39,957
-15,979	3,612	-434	243,153	14,408	37,867	9,541	21,120	19,495	127,381	56,920	7,988	34,500	80,810	17,335	-10,448	18,805	-72,989	20,688	28,253
-3,123	2,658	-4,736	3,305	0	0	747	0	11,841	130,000	0	71,659	20,377	24,099	35,196	37,461	202,910	126,931	2,158	26,066
2,095	-4,325	-44,898	-106,866	131,146	-2,412	-7,734	31,936	-1,904	3,957	1,819	-19,650	21,818	-2,197	680	-1,979	-3,128	-12,725	17,580	-
403,254	426,110	435,156	440,853	190,531	191,190	168,460	175,699	174,424	178,502	169,141	160,779	153,793	-270,645	-304,186	-262,721	-126,586	-101,558	-61,215	-64,138
68.8%	72.5%	72.3%	57.1%	21.2%	76.6%	71.3%	70.4%	65.2%	64.9%	22.1%	18.2%	21.3%	-14.9%	-21.3%	-21.3%	-33.9%	-67.3%	-17.9%	-6.6%
9.32	19.52	27.56	3.93	1.20	4.94	4.12	4.61	3.87	4.35	1.59	1.55	1.52	0.63	0.60	0.62	0.42	0.43	0.26	0.06
8.62	18.05	25.48	3.64	0.19	3.29	3.14	3.40	2.90	3.13	1.36	1.33	1.30	0.54	0.50	0.12	0.42	0.43	0.25	0.05
0.45	0.38	0.38	0.75	3.71	0.30	0.40	0.42	0.53	0.54	3.51	4.49	3.69	-	-	-	-	-	-	-
-7.3%	-1.6%	-2.6%	57.6%	-3.3%	5.3%	-5.2%	-0.6%	-1.4%	37.6%	14.8%	-20.2%	3.7%	-	-	-	-	-	-	-
-5.1%	-1.2%	-1.9%	32.9%	-0.7%	4.1%	-3.7%	-0.5%	-0.9%	24.4%	3.3%	-3.7%	0.8%	6.3%	-0.9%	-4.5%	-1.2%	-45.0%	-10.5%	-7.2%
-1.85	-0.26	-7.18	17.47	7.55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	-	€121,667	€131,667	€141,667	€32,001
Mortgages, amount registered	-	-	-	€50,000	€75,000
	-	-	-	€100,000	€165,000
Carrying value of the mortgaged assets	-	-	-	€4,736	€18,974

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	€2,658	-	€3,305	-
	€9,073	€9,507	€9,328	€23,292	€23,141

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on KOBE PROJECTS

The operating result for 2025 is a loss of €32,527, larger than the loss of €12,705 in 2024. It is the lowest result since 2008.

Debt's share of the balance-sheet total rises from 27.5% to 31.2%. Equity is lower and debt is higher.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency68.8%

Current ratio9.32

Return on assets-5.1%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on KOBE PROJECTS

Next steps

in euro

in euro

68.8%

9.32

-5.1%