KOHA PROJECTS
InactiveFinancials · financial year 2025, abbreviated format
Equity
-€39,919▼ 31.4%
2024 · -€30,368
Total assets
€1.6m▼ 1.4%
2024 · €1.6m
Net result
-€9,551
2024 · €27,759
Working capital
-€1.6m▲ 2.5%
2024 · -€1.6m
Trend over the years
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result turns negative in 2025: a loss of €9,551 after €27,765 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.01m
2025
Net result-€0.01m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.6m
2025
Equity-€0.04m
2025
Debt€1.6m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€1.6m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result-€0.03m--€0.02m▲ 38.1%-€0.005m▲ 73.5%-€0.03m▼ 463%€0.03m-€0.01m
Net result-€0.03m--€0.02m▲ 35.4%-€0.02m▼ 6.6%-€0.04m▼ 104%€0.03m-€0.01m
Equity€0.02m-€0.002m▼ 88.7%-€0.02m-€0.06m▼ 231%-€0.03m▲ 47.8%-€0.04m▼ 31.4%
Total assets€0.03m-€0.2m▲ 359%€0.6m▲ 250%€1.2m▲ 125%€1.6m▲ 29.7%€1.6m▼ 1.4%
Debt€0.01m-€0.2m▲ 12×€0.6m▲ 267%€1.3m▲ 128%€1.6m▲ 26.2%€1.6m▼ 0.8%
Working capital€0.02m-€0.01m▼ 41.3%-€0.008m-€0.05m▼ 537%-€1.6m▼ 3,213%-€1.6m▲ 2.5%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€1.5m ▼ 3.1%
Current assets
€54,969 ▲ 92.2%
Equity and liabilities
Equity-€39,919
Debt€1.6m
Equity is negative: debt (€1.6m) exceeds the balance-sheet total (€1.6m).
Key figures and ratios
EBITDA
€39,501▼
2024 · €68,547
Cash flow
€39,501▼
2024 · €68,541
Solvency
-2.5%▼
2024 · -1.9%
Current ratio
0.03▲
2024 · 0.02
ROA
-0.6%▼
2024 · 1.7%
Debt ≤ 1 year
€1.6m▼
2024 · €1.6m
Debt > 1 year
€10,000=
2024 · €10,000
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €40,782 | €49,052 | ▲ 20.3% |
| Other operating charges640/8 | - | €1,008 | €1,229 | €282 | €291 | €3,653 | ▲ 13× |
| Gross operating margin9900 | -€28,582 | -€16,797 | -€3,484 | -€26,240 | €68,838 | €43,154 | ▼ 37.3% |
| Operating profit (loss)9901 | -€28,782 | -€17,805 | -€4,713 | -€26,522 | €27,765 | -€9,551 | - |
| Financial charges65/66B | - | €884 | €15,215 | €14,050 | €7 | €0 | ▼ 100% |
| Recurring financial charges65 | €157 | €884 | €15,215 | €14,050 | €7 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | -€28,938 | -€18,690 | -€19,927 | -€40,572 | €27,759 | -€9,551 | - |
| Profit (loss) for the period9904 | -€28,938 | -€18,690 | -€19,927 | -€40,572 | €27,759 | -€9,551 | - |
| Profit (loss) for the period to be appropriated9905 | -€28,938 | -€18,690 | -€19,927 | -€40,572 | €27,759 | -€9,551 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.03m | €0.2m | €0.6m | €1.2m | €1.6m | €1.6m | ▼ 1.4% |
| Fixed assets21/28 | - | - | - | - | €1.6m | €1.5m | ▼ 3.1% |
| Tangible fixed assets22/27 | - | - | - | - | €1.6m | €1.5m | ▼ 3.1% |
| Land and buildings22 | - | - | - | - | €1.6m | €1.5m | ▼ 3.1% |
| Current assets29/58 | €0.03m | €0.2m | €0.6m | €1.2m | €0.03m | €0.05m | ▲ 92.2% |
| Stocks and contracts in progress3 | €0.007m | €0.1m | €0.5m | €1.2m | €0 | - | - |
| Stocks30/36 | - | €0.1m | €0.5m | €1.2m | €0 | - | - |
| Amounts receivable within one year40/41 | €0.002m | €0.01m | €0.002m | €0.01m | €0 | €0.004m | - |
| Trade receivables40 | - | €0.01m | €0 | - | - | - | - |
| Other amounts receivable41 | - | €0.002m | €0.002m | €0.01m | €0 | €0.004m | - |
| Cash at bank and in hand54/58 | €0.02m | €0.03m | €0.02m | €0.04m | €0.03m | €0.05m | ▲ 81.0% |
| Deferred charges and accrued income490/1 | - | - | €225 | €498 | €0.001m | €0.001m | ▲ 15.2% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.03m | €0.2m | €0.6m | €1.2m | €1.6m | €1.6m | ▼ 1.4% |
| Equity10/15 | €0.02m | €0.002m | -€0.02m | -€0.06m | -€0.03m | -€0.04m | ▼ 31.4% |
| Contributions10/11 | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | -€0.03m | -€0.05m | -€0.07m | -€0.1m | -€0.08m | -€0.09m | ▼ 11.9% |
| Amounts payable17/49 | €0.01m | €0.2m | €0.6m | €1.3m | €1.6m | €1.6m | ▼ 0.8% |
| Amounts payable after more than one year17 | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Other amounts payable178/9 | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Amounts payable within one year42/48 | €0.01m | €0.1m | €0.6m | €1.3m | €1.6m | €1.6m | ▼ 0.8% |
| Financial debts43 | - | €0.1m | €0.5m | €0 | - | - | - |
| Credit institutions430/8 | - | €0.1m | €0.5m | €0 | - | - | - |
| Trade debts44 | €98 | €0.01m | €0.001m | €0.02m | €341 | €374 | ▲ 9.8% |
| Suppliers440/4 | - | €0.01m | €0.001m | €0.02m | €341 | €374 | ▲ 9.8% |
| Other amounts payable47/48 | - | €0.02m | €0.02m | €1.3m | €1.6m | €1.6m | ▼ 0.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.004m | €0.004m | ▲ 4.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,938 | -€18,690 | -€19,927 | -€40,572 | €27,759 | -€9,551 | - |
| + Depreciation and write-downs630 | - | - | - | - | €40,782 | €49,052 | ▲ 20.3% |
| Operating cash flow (approximation) | -€28,938 | -€18,690 | -€19,927 | -€40,572 | €68,541 | €39,501 | ▼ 42.4% |
| Investment in fixed assets (approximation) | - | - | - | - | - | €0 | - |
| Change in cash | - | €7,697 | -€14,712 | €22,232 | -€12,273 | €22,491 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 08-07-2026 | 2026-00269230 |
| 31-12-2024 | abbreviated format | 24-06-2025 | 2025-00191222 |
| 31-12-2023 | abbreviated format | 18-06-2024 | 2024-00150400 |
| 31-12-2022 | abbreviated format | 09-06-2023 | 2023-00116387 |
| 31-12-2021 | abbreviated format | 29-06-2022 | 2022-20134586 |
| 31-12-2020 | abbreviated format | 23-08-2021 | 2021-52700600 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.