Ocho Projects
ActiveSummary
Ocho Projects has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-102k) and a net result of €29k. Equity is shrinking by ~58% per year across the filed fiscal years. Its solvency ranks better than 5% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 0.13 in 2023; short-term debt: 315.4% and cash: 51.5% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-215.4%
Return on assets
61.6%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9517 sector peers (2024).
NBB · sector comparisonPosition among 9517 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
61 d late
2022
35 d early
2021
9 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-102k▲ 22.2%
2023 · €-131k
2021: €7khighest in 4 years
2022: €-37k▼ -617% vs 2021
2023: €-131k▼ -254% vs 2022lowest in 4 years
2024: €-102k▲ +22.2% vs 2023
2021 → 2024
Total assets
€47k▲ 11.2%
2023 · €42k
2021: €80k
2022: €92k▲ +15.6% vs 2021highest in 4 years
2023: €42k▼ -54.0% vs 2022lowest in 4 years
2024: €47k▲ +11.2% vs 2023
2021 → 2024
Net result
€29k
2023 · €-94k
2021: €-8k
2022: €-44k▼ -463% vs 2021
2023: €-94k▼ -112% vs 2022lowest in 4 years
2024: €29k▲ +131% vs 2023highest in 4 years
2021 → 2024
Working capital
€-112k▲ 26.0%
2023 · €-151k
2021: €-6khighest in 4 years
2022: €-50k▼ -676% vs 2021
2023: €-151k▼ -201% vs 2022lowest in 4 years
2024: €-112k▲ +26.0% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€7k-€-37k€-131k▼ 254%€-102k▲ 22.2%
2021: €7khighest in 4 years
2022: €-37k▼ -617% vs 2021
2023: €-131k▼ -254% vs 2022lowest in 4 years
2024: €-102k▲ +22.2% vs 2023
Operating result€-8k-€-44k▼ 478%€-93k▼ 113%€28k
2021: €-8k
2022: €-44k▼ -478% vs 2021
2023: €-93k▼ -113% vs 2022lowest in 4 years
2024: €28k▲ +130% vs 2023highest in 4 years
Net result€-8k-€-44k▼ 463%€-94k▼ 112%€29k
2021: €-8k
2022: €-44k▼ -463% vs 2021
2023: €-94k▼ -112% vs 2022lowest in 4 years
2024: €29k▲ +131% vs 2023highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €28k after a loss of €93k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €47k
Fixed assets
€10k ▼ 50.1%
Current assets
€37k ▲ 69.7%
Key figures and ratios
EBITDA
€31k▲
2023 · €-90k
Cash flow
€32k▲
2023 · €-90k
Solvency
-215.4%▲
2023 · -308.2%
Current ratio
0.25▲
2023 · 0.13
Debt to equity
-1.46▼
2023 · -1.32
ROA
61.6%▲
2023 · -221.0%
Interest coverage
132.46▲
2023 · -503.21
Debt
€149k▼
2023 · €173k
Debt ≤ 1 year
€149k▼
2023 · €173k
Income taxes
€183▲
2023 · €181
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€42k€47k▲
Fixed assets21/28€21k€10k▼
Tangible fixed assets22/27€20k€10k▼
Plant, machinery and equipment23€971€635▼
Furniture and vehicles24€8k€6k▼
Other tangible fixed assets26€12k€4k▼
Financial fixed assets28€250€250=
Current assets29/58€22k€37k▲
Amounts receivable within one year40/41€16k€9k▼
Trade receivables40€36€799▲
Other amounts receivable41€16k€8k▼
Cash at bank and in hand54/58€3k€24k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€42k€47k▲
Equity10/15€-131k€-102k▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€-146k€-117k▲
Amounts payable17/49€173k€149k▼
Amounts payable within one year42/48€173k€149k▼
Trade debts44€4k€366▼
Suppliers440/4€4k€366▼
Taxes, remuneration and social security45€861€183▼
Taxes450/3€861€183▼
Other amounts payable47/48€168k€148k▼
Accrued charges and deferred income492/3€12€12=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€580€592▲
Non-recurring operating charges66A€642€8k▲
Gross operating margin9900€-89k€39k▲
Operating profit (loss)9901€-93k€28k▲
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€179€232▲
Recurring financial charges65€179€232▲
Profit (loss) for the period before taxes9903€-94k€29k▲
Income taxes67/77€181€183▲
Profit (loss) for the period9904€-94k€29k▲
Profit (loss) for the period to be appropriated9905€-94k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-146k€-117k▲
Profit (loss) brought forward from the previous period14P€-52k€-146k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €3k | €3k | ▼ 22.6% |
| Other operating charges640/8 | €976 | €759 | €580 | €592 | ▲ 2.1% |
| Non-recurring operating charges66A | - | - | €642 | €8k | ▲ 1,095% |
| Gross operating margin9900 | €-5k | €-41k | €-89k | €39k | ▲ 144% |
| Operating profit (loss)9901 | €-8k | €-44k | €-93k | €28k | ▲ 130% |
| Financial income75/76B | €4 | €0 | - | €1k | - |
| Recurring financial income75 | €4 | €0 | - | €1k | - |
| Financial charges65/66B | €5 | €109 | €179 | €232 | ▲ 29.9% |
| Recurring financial charges65 | €5 | €109 | €179 | €232 | ▲ 29.9% |
| Profit (loss) for the period before taxes9903 | €-8k | €-44k | €-94k | €29k | ▲ 131% |
| Income taxes67/77 | €257 | €191 | €181 | €183 | ▲ 1.5% |
| Profit (loss) for the period9904 | €-8k | €-44k | €-94k | €29k | ▲ 131% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €-44k | €-94k | €29k | ▲ 131% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €80k | €92k | €42k | €47k | ▲ 11.2% |
| Fixed assets21/28 | €14k | €13k | €21k | €10k | ▼ 50.1% |
| Tangible fixed assets22/27 | €14k | €13k | €20k | €10k | ▼ 50.7% |
| Plant, machinery and equipment23 | €2k | €1k | €971 | €635 | ▼ 34.6% |
| Furniture and vehicles24 | €2k | €2k | €8k | €6k | ▼ 25.0% |
| Other tangible fixed assets26 | €10k | €10k | €12k | €4k | ▼ 69.0% |
| Financial fixed assets28 | - | €250 | €250 | €250 | = |
| Current assets29/58 | €66k | €79k | €22k | €37k | ▲ 69.7% |
| Amounts receivable within one year40/41 | €10k | €24k | €16k | €9k | ▼ 44.9% |
| Trade receivables40 | €2k | €11k | €36 | €799 | ▲ 2,118% |
| Other amounts receivable41 | €8k | €13k | €16k | €8k | ▼ 49.7% |
| Cash at bank and in hand54/58 | €4k | €3k | €3k | €24k | ▲ 871% |
| Deferred charges and accrued income490/1 | €52k | €52k | €3k | €4k | ▲ 17.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €80k | €92k | €42k | €47k | ▲ 11.2% |
| Equity10/15 | €7k | €-37k | €-131k | €-102k | ▲ 22.2% |
| Contributions10/11 | €15k | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €-8k | €-52k | €-146k | €-117k | ▲ 19.9% |
| Amounts payable17/49 | €73k | €129k | €173k | €149k | ▼ 14.0% |
| Amounts payable within one year42/48 | €73k | €129k | €173k | €149k | ▼ 14.0% |
| Trade debts44 | €165 | €935 | €4k | €366 | ▼ 90.7% |
| Suppliers440/4 | €165 | €935 | €4k | €366 | ▼ 90.7% |
| Taxes, remuneration and social security45 | €257 | €490 | €861 | €183 | ▼ 78.7% |
| Taxes450/3 | €257 | €490 | €861 | €183 | ▼ 78.7% |
| Other amounts payable47/48 | €72k | €128k | €168k | €148k | ▼ 11.9% |
| Accrued charges and deferred income492/3 | - | - | €12 | €12 | = |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €-44k | €-94k | €29k | ▲ 131% |
| + Depreciation and write-downs630 | €1k | €2k | €3k | €3k | ▼ 22.6% |
| Operating cash flow (approximation) | €-7k | €-42k | €-90k | €32k | ▲ 135% |
| Investment in fixed assets (approximation) | - | €-2k | €-11k | €8k | ▲ 171% |
| Change in cash | - | €-1k | €-558 | €22k | ▲ 4,005% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
25-08
State Gazette act
Board meeting · Director appointment
Permanent representative
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €29k
Net result €29k after 3 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-94k
Net result drops to €-94k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Lievegem · 1 establishment unit since 2020
Ground area
1,800 m²
Building footprint
246 m²
Volume, LiDAR
1,303 m³
Parcel 44072A0020/00H002, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ocho Projects
since 20202.303.759.403
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44072A0020/00H002 | Flanders | 1,800 m² | 1 · 246 m² | 9.9 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.
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Of 24,515 companies in sector 82990 we hold annual accounts for 9,408. 3,835 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Contact
E-mail
carmen@ochoprojects.be
Scores and ratios are computed by Checked and are not a credit decision.