OKDO PROJECTS
Dissolved and wound upFinancials · financial year 2025, full format
Annual accounts 2025 filed on 24-03-2026 PDF all 12 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€165,520▼ 58.2%
2024 · -€104,600
Working capital
€16,640▼ 90.9%
2024 · €182,160
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€163,090
▼ 58.5%
2025
20182025
Net result
-€165,520
▼ 58.2%
2025
20182025
Equity
€16,640
▼ 90.9%
2025
20182025
Total assets
€70,422
▼ 71.3%
2025
20182025
Debt
€53,781
▼ 14.7%
2025
20182025
Working capital
€16,640
▼ 90.9%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€96,529--€5,547-€10,606▼ 91.2%€17,869€278,393▲ 16×€90,002▼ 67.7%-€102,891-€163,090▼ 58.5%
Net result€96,656--€3,342-€11,439▼ 242%€17,866€202,757▲ 11×€63,255▼ 68.8%-€104,600-€165,520▼ 58.2%
Equity€5,264-€14,322▲ 172%€2,883▼ 79.9%€20,749▲ 620%€223,506▲ 977%€286,761▲ 28.3%€182,160▼ 36.5%€16,640▼ 90.9%
Total assets€14,480-€78,177▲ 440%€41,505▼ 46.9%€21,297▼ 48.7%€344,218▲ 16×€391,234▲ 13.7%€245,220▼ 37.3%€70,422▼ 71.3%
Debt€9,216-€63,855▲ 593%€38,623▼ 39.5%€548▼ 98.6%€120,712▲ 220×€104,473▼ 13.5%€63,060▼ 39.6%€53,781▼ 14.7%
Working capital€5,264-€14,322▲ 172%€2,883▼ 79.9%€20,749▲ 620%€223,506▲ 977%€286,761▲ 28.3%€182,160▼ 36.5%€16,640▼ 90.9%
The operating result for 2025 is a loss of €163,090, larger than the loss of €102,891 in 2024. It is the lowest result since 2018.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €70,422
Equity
€16,640 ▼ 90.9%
Debt
€53,781 ▼ 14.7%
Debt's share of the balance-sheet total rises from 25.7% to 76.4%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.31▼
2024 · 3.89
Debt to equity
3.23▲
2024 · 0.35
ROE
-994.7%▼
2024 · -57.4%
ROA
-235.0%▼
2024 · -42.7%
Debt ≤ 1 year
€53,781▼
2024 · €63,060
Income taxes
€1
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €1,632 | €2,030 | €554 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €96,805 | -€2,809 | €51,495 | €19,500 | €280,423 | €90,556 | -€102,504 | -€162,690 | ▼ 58.7% |
| Operating profit (loss)9901 | €96,529 | -€5,547 | -€10,606 | €17,869 | €278,393 | €90,002 | -€102,891 | -€163,090 | ▼ 58.5% |
| Financial income75/76B | - | - | - | €5 | €383 | €350 | €45 | €1 | ▼ 97.9% |
| Recurring financial income75 | €260 | €5,069 | €0 | €5 | €383 | €350 | €45 | €1 | ▼ 97.9% |
| Financial charges65/66B | - | - | - | €8 | €819 | €4,065 | €1,754 | €2,430 | ▲ 38.5% |
| Recurring financial charges65 | €132 | €2,864 | €98 | €8 | €819 | €65 | €1,754 | €849 | ▼ 51.6% |
| Non-recurring financial charges66B | - | - | - | - | - | €4,000 | - | €1,581 | - |
| Profit (loss) for the period before taxes9903 | €96,656 | -€3,342 | -€10,704 | €17,866 | €277,956 | €86,288 | -€104,600 | -€165,519 | ▼ 58.2% |
| Income taxes67/77 | - | - | €736 | - | €75,199 | €23,033 | - | €1 | - |
| Profit (loss) for the period9904 | €96,656 | -€3,342 | -€11,439 | €17,866 | €202,757 | €63,255 | -€104,600 | -€165,520 | ▼ 58.2% |
| Profit (loss) for the period to be appropriated9905 | €96,656 | -€3,342 | -€11,439 | €17,866 | €202,757 | €63,255 | -€104,600 | -€165,520 | ▼ 58.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €14,480 | €78,177 | €41,505 | €21,297 | €344,218 | €391,234 | €245,220 | €70,422 | ▼ 71.3% |
| Financial fixed assets28 | €0 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €14,480 | €78,177 | €41,505 | €21,297 | €344,218 | €391,234 | €245,220 | €70,422 | ▼ 71.3% |
| Stocks and contracts in progress3 | - | - | - | - | - | €18,003 | - | - | - |
| Stocks30/36 | - | - | - | - | - | €18,003 | - | - | - |
| Amounts receivable within one year40/41 | €13,194 | €76,590 | €26,060 | €18,403 | €142,371 | €276,417 | €179,959 | €66,306 | ▼ 63.2% |
| Trade receivables40 | - | - | - | €17,475 | €106,667 | €74,118 | €54,792 | €56,024 | ▲ 2.2% |
| Other amounts receivable41 | - | - | - | €928 | €35,703 | €202,299 | €125,167 | €10,283 | ▼ 91.8% |
| Cash at bank and in hand54/58 | €1,286 | €1,587 | €15,445 | €2,894 | €201,847 | €96,814 | €63,505 | €1,859 | ▼ 97.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €1,756 | €2,256 | ▲ 28.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €14,480 | €78,177 | €41,505 | €21,297 | €344,218 | €391,234 | €245,220 | €70,422 | ▼ 71.3% |
| Equity10/15 | €5,264 | €14,322 | €2,883 | €20,749 | €223,506 | €286,761 | €182,160 | €16,640 | ▼ 90.9% |
| Contributions10/11 | €6,200 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€936 | -€4,278 | -€15,717 | €2,149 | €204,906 | €268,161 | €163,560 | -€1,960 | - |
| Amounts payable17/49 | €9,216 | €63,855 | €38,623 | €548 | €120,712 | €104,473 | €63,060 | €53,781 | ▼ 14.7% |
| Amounts payable within one year42/48 | €9,216 | €63,855 | €38,623 | €548 | €120,712 | €104,473 | €63,060 | €53,781 | ▼ 14.7% |
| Financial debts43 | - | - | - | - | - | - | €6,182 | - | - |
| Credit institutions430/8 | - | - | - | - | - | - | €6,182 | - | - |
| Trade debts44 | €6,206 | €1,855 | €6,460 | €548 | €46,532 | €7,261 | €33,153 | - | - |
| Suppliers440/4 | - | - | - | €548 | €46,532 | €7,261 | €33,153 | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €74,180 | €97,213 | €23,724 | - | - |
| Taxes450/3 | - | - | - | - | €74,180 | €97,213 | €23,724 | - | - |
| Other amounts payable47/48 | - | - | - | - | - | - | - | €53,781 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €96,656 | -€3,342 | -€11,439 | €17,866 | €202,757 | €63,255 | -€104,600 | -€165,520 | ▼ 58.2% |
| Operating cash flow (approximation) | €96,656 | -€3,342 | -€11,439 | €17,866 | €202,757 | €63,255 | -€104,600 | -€165,520 | ▼ 58.2% |
| Change in cash | - | €301 | €13,859 | -€12,551 | €198,953 | -€105,033 | -€33,309 | -€61,646 | ▼ 85.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 24-03-2026 | 2026-00060074 | |
| 31-12-2024 | full format | 14-08-2025 | 2025-00377115 | |
| 31-12-2023 | micro format | 09-07-2024 | 2024-00247045 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00438372 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20423363 | |
| 31-12-2020 | full format | 30-08-2021 | 2021-64000035 | |
| 31-12-2019 | full format | 28-08-2020 | 2020-49900223 | |
| 31-12-2018 | full format | 31-08-2019 | 2019-62600288 | |
| 31-12-2017 | full format | 31-08-2018 | 2018-59400280 | |
| 31-12-2016 | full format | 16-08-2017 | 2017-43900356 |