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KODHO

Active
Private limited companyfounded 20179 yrs activeRonseweg 142, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0668.761.649
Summary

KODHO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €56,237. Equity is growing by ~5.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability43▼-2
Solvency85▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.15 in 2024; short-term debt: 40.5% and cash: 7.1% of total assets), and 40.5% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
59.5%
Return on assets
2.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
9 d early
2024
40 d early
2023
35 d early
2022
13 d early
2021
10 d late
2020
4 d early
2019
23 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 16 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 17 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

KODHO was incorporated on 5 January 2017.1 Total assets went from EUR 2.2 million in 2018 to EUR 2.3 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1.4m▲ 4.2%
2024 · €1.3m
Total assets
€2.3m▲ 1.0%
2024 · €2.3m
Net result
€56,237▼ 21.1%
2024 · €71,254
Working capital
-€784,712▲ 6.7%
2024 · -€840,949
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€1,837▲ 8.7%-€2,223▼ 21.0%-€3,589▼ 61.5%-€2,096▲ 41.6%-€1,430▲ 31.8%
Net result€73,583▼ 8.9%€73,233▼ 0.5%-€3,589€71,254€56,237▼ 21.1%
Equity€1.2m▲ 6.5%€1.3m▲ 6.1%€1.3m▼ 0.3%€1.3m▲ 5.6%€1.4m▲ 4.2%
Total assets€2.3m▲ 3.1%€2.4m▲ 2.2%€2.3m▼ 4.1%€2.3m▲ 1.6%€2.3m▲ 1.0%
Debt€1.1m▼ 0.3%€1.1m▼ 1.9%€1.0m▼ 8.6%€984,685▼ 3.4%€950,967▼ 3.4%
Working capital-€981,847▲ 7.0%-€908,614▲ 7.5%-€912,203▼ 0.4%-€840,949▲ 7.8%-€784,712▲ 6.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000€80,000Operating result 2021: -€1,837-€1,837Net result 2021: €73,583€73,583Operating result 2022: -€2,223-€2,223Net result 2022: €73,233€73,233Operating result 2023: -€3,589-€3,589Net result 2023: -€3,589-€3,589Operating result 2024: -€2,096-€2,096Net result 2024: €71,254€71,254Operating result 2025: -€1,430-€1,430Net result 2025: €56,237€56,23720212022202320242025-€20,000€0€20,000€40,000€60,000€80,000Operating result 2023: -€3,589-€3,590Net result 2023: -€3,589-€3,590Operating result 2024: -€2,096-€2,100Net result 2024: €71,254€71,300Operating result 2025: -€1,430-€1,430Net result 2025: €56,237€56,200202320242025
The operating result stays negative: a loss of €1,430 in 2025 against €2,096 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets €2.2m =
Current assets €166,255 ▲ 15.7%
Equity and liabilities €2.3m
Equity €1.4m ▲ 4.2%
Debt €950,967 ▼ 3.4%
Debt's share of the balance-sheet total falls from 42.3% to 40.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.17▲
2024 · 0.15
Debt to equity
0.68▼
2024 · 0.73
ROE
4.0%▼
2024 · 5.3%
ROA
2.4%▼
2024 · 3.1%
Debt ≤ 1 year
€950,967▼
2024 · €984,685
Income taxes
€5,647▼
2024 · €7,125
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.3m€2.3m▲
Fixed assets21/28€2.2m€2.2m=
Financial fixed assets28€2.2m€2.2m=
Current assets29/58€143,736€166,255▲
Amounts receivable within one year40/41€54,000€0▼
Other amounts receivable41€54,000€0▼
Cash at bank and in hand54/58€89,736€166,255▲
Equity and liabilities
Total equity and liabilities10/49€2.3m€2.3m▲
Equity10/15€1.3m€1.4m▲
Contributions10/11€812,000€812,000=
Reserves13€528,070€584,308▲
Distributable reserves133€528,070€584,308▲
Profit (loss) carried forward14€1,079€1,079=
Amounts payable17/49€984,685€950,967▼
Amounts payable within one year42/48€984,685€950,967▼
Trade debts44€726€749▲
Suppliers440/4€726€749▲
Taxes, remuneration and social security45€7,125€5,624▼
Taxes450/3€7,125€5,624▼
Other amounts payable47/48€976,834€944,594▼
Income statement Code20242025
Other operating charges640/8€1,261€1,290▲
Gross operating margin9900-€835-€140▲
Operating profit (loss)9901-€2,096-€1,430▲
Financial income75/76B€80,487€63,315▼
Recurring financial income75€80,487€63,315▼
Financial charges65/66B€12€0▼
Recurring financial charges65€12€0▼
Profit (loss) for the period before taxes9903€78,380€61,885▼
Income taxes67/77€7,125€5,647▼
Profit (loss) for the period9904€71,254€56,237▼
Profit (loss) for the period to be appropriated9905€71,254€56,237▼
Appropriation of the result
Profit (loss) to be appropriated9906€72,333€57,316▼
Profit (loss) brought forward from the previous period14P€1,079€1,079=
Transfer from equity791/2€0-
Transfer to equity691/2€71,254€56,237▼
To other reserves6921€71,254€56,237▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€1,143€277€1,007€1,261€1,290▲ 2.3%
Gross operating margin9900-€694-€1,946-€2,582-€835-€140▲ 83.2%
Operating profit (loss)9901-€1,837-€2,223-€3,589-€2,096-€1,430▲ 31.8%
Financial income75/76B€82,779€82,779€0€80,487€63,315▼ 21.3%
Recurring financial income75€82,779€82,779€0€80,487€63,315▼ 21.3%
Financial charges65/66B---€12€0▼ 100%
Recurring financial charges65---€12€0▼ 100%
Profit (loss) for the period before taxes9903€80,942€80,556-€3,589€78,380€61,885▼ 21.0%
Income taxes67/77€7,358€7,323€0€7,125€5,647▼ 20.7%
Profit (loss) for the period9904€73,583€73,233-€3,589€71,254€56,237▼ 21.1%
Profit (loss) for the period to be appropriated9905€73,583€73,233-€3,589€71,254€56,237▼ 21.1%
Line20212022202320242025Change
Assets
Total assets20/58€2.3m€2.4m€2.3m€2.3m€2.3m▲ 1.0%
Fixed assets21/28€2.2m€2.2m€2.2m€2.2m€2.2m=
Financial fixed assets28€2.2m€2.2m€2.2m€2.2m€2.2m=
Current assets29/58€155,214€206,411€107,351€143,736€166,255▲ 15.7%
Amounts receivable within one year40/41€5,557€88,336€8,336€54,000€0▼ 100%
Other amounts receivable41€5,557€88,336€8,336€54,000€0▼ 100%
Cash at bank and in hand54/58€149,656€118,075€99,015€89,736€166,255▲ 85.3%
Equity and liabilities
Total equity and liabilities10/49€2.3m€2.4m€2.3m€2.3m€2.3m▲ 1.0%
Equity10/15€1.2m€1.3m€1.3m€1.3m€1.4m▲ 4.2%
Contributions10/11€812,000€812,000€812,000€812,000€812,000=
Reserves13€385,683€458,916€456,816€528,070€584,308▲ 10.6%
Non-distributable reserves130/1€12,100€12,100€0---
Reserves not available under the articles1311€12,100€12,100€0---
Distributable reserves133€373,583€446,816€456,816€528,070€584,308▲ 10.6%
Profit (loss) carried forward14€2,568€2,568€1,079€1,079€1,079=
Amounts payable17/49€1.1m€1.1m€1.0m€984,685€950,967▼ 3.4%
Amounts payable within one year42/48€1.1m€1.1m€1.0m€984,685€950,967▼ 3.4%
Trade debts44€868€868€720€726€749▲ 3.2%
Suppliers440/4€868€868€720€726€749▲ 3.2%
Taxes, remuneration and social security45€7,358€7,323€0€7,125€5,624▼ 21.1%
Taxes450/3€7,358€7,323€0€7,125€5,624▼ 21.1%
Other amounts payable47/48€1.1m€1.1m€1.0m€976,834€944,594▼ 3.3%
Line20212022202320242025Change
Profit (loss) for the period9904€73,583€73,233-€3,589€71,254€56,237▼ 21.1%
Operating cash flow (approximation)€73,583€73,233-€3,589€71,254€56,237▼ 21.1%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€31,581-€19,060-€9,279€76,519▲ 925%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
21-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
21-03
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Back to profitnet €71,254
Net result €71,254 after one loss-making year.
26-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial Weakest financial yearnet -€3,589
Net result drops to -€3,589, the lowest in the series; recovery starts the following year.
17-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
26-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial Equity above €1mEq €1.0m ▲9.9%
2 profitable years in a row build equity to €1.0m.
30-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oudenaarde · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
2,611 m²
Building footprint
207 m²
Volume, LiDAR
1,392 m³
Parcel 45023A0872/00E002, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
KODHO
Ronseweg 142, 9700 OudenaardeHoldings
since 20172.264.303.365
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45023A0872/00E002 Flanders 2,611 m² 1 · 207 m² 10.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

4 holdings

Owners 0

The accounts to 30-09-2025 list no shareholders, and no other source names one.

Holdings 4

According to the annual accounts to 30-09-2025 of KODHO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded05-01-2017
Fiscal year end30-09
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

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