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KOHUBO

Active
Private limited companyfounded 199927 yrs activeHeirweg(Ide) 124, 9506 Geraardsbergen, BelgiumKBO/BCE: BE 0465.984.832

KOHUBO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €424k and a net result of €52k. Equity is growing by ~31.3% per year across the filed fiscal years. Its solvency ranks better than 86% of 912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
83 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-19
Solvency100▲+7
Growth72=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.67 against 2.64 in 2024; short-term debt: 17.3% and cash: 19% of total assets), and 17.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 27 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies more bankruptcies →
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
82.7%
Return on assets
10.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
29 d late
2023
27 d late
2022
43 d late
2021
19 d late
2020
32 d late
2019
91 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, abbreviated schema

Turnover
€0▼ 100%
2021 · €82k
2019: €70k 2021: €82k
2019 → 2022
EBIT margin
35.7%▲ 2.5pp
2019 · 33.2%
2019: 33.2%
2019 → 2021
Net result
€52k▼ 65.0%
2024 · €149k
2018: €10k 2019: €8k 2020: €19k 2021: €13k 2022: €27k 2023: €146k 2024: €149k
2018 → 2025
Working capital
€326k▲ 14.4%
2024 · €285k
2018: €-27k 2019: €-54k 2020: €-39k 2021: €-3k 2022: €32k 2023: €132k 2024: €285k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€82k-€0▼ 100%
Equity€105k-€132k▲ 26.1%€231k▲ 74.6%€379k▲ 64.3%€424k▲ 11.7%
Operating result€29k-€39k▲ 32.6%€213k▲ 451%€219k▲ 2.4%€78k▼ 64.4%
Net result€13k-€27k▲ 106%€146k▲ 435%€149k▲ 1.5%€52k▼ 65.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2021: €29k€29kNet result 2021: €13k€13kOperating result 2022: €39k€39kNet result 2022: €27k€27kOperating result 2023: €213k€213kNet result 2023: €146k€146kOperating result 2024: €219k€219kNet result 2024: €149k€149kOperating result 2025: €78k€78kNet result 2025: €52k€52k20212022202320242025
The operating result falls in 2025; 2025 is 64% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €513k
Fixed assets €98k▼ 2.7%
Current assets €415k▼ 9.5%
Equity and liabilities €513k
Equity €424k▲ 11.7%
Provisions €0▼ 100%
Debt €89k▼ 48.8%
The debt ratio falls from 31.0% to 17.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€85k
2024 · €230k
Cash flow
€59k
2024 · €160k
Solvency
82.7%
2024 · 67.9%
Current ratio
4.67
2024 · 2.64
Quick ratio
4.67
2024 · 2.64
Debt / equity
0.21
2024 · 0.46
ROE
12.3%
2024 · 39.1%
ROA
10.1%
2024 · 26.6%
Interest coverage
28.51
2024 · 678.05
Debt
€89k
2024 · €174k
Debt ≤ 1 year
€89k
2024 · €174k
Income taxes
€25k
2024 · €70k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€559k€513k
Fixed assets21/28€100k€98k
Tangible fixed assets22/27€100k€98k
Land and buildings22€87k€88k
Plant, machinery and equipment23€12k€8k
Furniture and vehicles24€1k€1k
Leasing and similar rights25€228€0
Current assets29/58€459k€415k
Amounts receivable within one year40/41€8k€18k
Trade receivables40-€3k
Other amounts receivable41€8k€15k
Current investments50/53-€297k
Cash at bank and in hand54/58€449k€97k
Deferred charges and accrued income490/1€1k€3k
Equity and liabilities
Total equity and liabilities10/49€559k€513k
Equity10/15€379k€424k
Reserves13€379k€423k
Distributable reserves133€379k€423k
Profit (loss) carried forward14€741€741=
Provisions and deferred taxes16€6k€0
Provisions for liabilities and charges160/5€6k€0
Pensions and similar obligations160€6k€0
Amounts payable17/49€174k€89k
Amounts payable within one year42/48€174k€89k
Trade debts44€17k€11k
Suppliers440/4€17k€11k
Taxes, remuneration and social security45€155k€78k
Taxes450/3€155k€78k
Other amounts payable47/48€2k€0
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€7k
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-6k
Other operating charges640/8€5k€4k
Non-recurring operating charges66A-€2k
Gross operating margin9900€235k€85k
Operating profit (loss)9901€219k€78k
Financial income75/76B€150€2k
Recurring financial income75€150€2k
Financial charges65/66B€339€3k
Recurring financial charges65€339€3k
Profit (loss) for the period before taxes9903€218k€77k
Income taxes67/77€70k€25k
Profit (loss) for the period9904€149k€52k
Profit (loss) for the period to be appropriated9905€149k€52k
Appropriation of the result
Profit (loss) to be appropriated9906€165k€53k
Profit (loss) brought forward from the previous period14P€17k€741
Transfer from equity791/2-€8k
Transfer to equity691/2€165k€52k
To other reserves6921€165k€52k
Profit to be distributed694/7-€8k
Return on contributions (dividend)694-€8k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial Highest result since 2018net €149k ▲1.5%
Operating result €219k, net result €149k, both a record.
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial Equity above €200kEq €231k ▲74.6%
6 profitable years in a row build equity to €231k.
12-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
19-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial Equity above €100kEq €105k ▲14.5%
4 profitable years in a row build equity to €105k.
01-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 32 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial Weakest financial yearnet €8k ▼23.8%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
27-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Geraardsbergen · 1 establishment unit since 1999
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Heirweg(Ide) 1249506 Geraardsbergen
Ground area
5,305 m²
Building footprint
390 m²
Volume, LiDAR
807 m³
2 parcels, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KOHUBO BVBA
Heirweg(Ide) 12, 9506 GeraardsbergenAir transport
since 19992.096.999.448
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41031A0383/00T002 Flanders 3,817 m² 1 · 238 m² -
41031A0149/00G000 Flanders 1,488 m² 1 · 151 m² 10.4 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 667 companies in sector 77320 we hold annual accounts for 492. 380 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-04-1999
Fiscal year end31-12
Activities, NACEBEL
71320
77320Rental and leasing activities
68310Real estate agency activities
68311Real estate activities
70311
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.