BORA
Annual accounts 2025
abbreviated format, filed on 26-06-2026, 35 days before the deadlineTurnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €86,371 on 31-12-2025in euro
in euro
Position in the sector
-497.3%
Lower than 95% of 12,856 companies in 2025.
0.02
Lower than 95% of 12,646 companies in 2025.
-113.3%
Lower than 95% of 12,719 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
86,371 | 103,045 | |
21/28 |
73,689 | 81,877 | |
21 |
73,689 | 81,877 | |
29/58 |
12,682 | 21,168 | |
40/41 |
151 | 10,000 | |
41 |
151 | 10,000 | |
54/58 |
11,796 | 10,621 | |
490/1 |
734 | 547 | |
| Balance sheet: equity and liabilities | |||
10/49 |
86,371 | 103,045 | |
10/15 |
-429,554 | -331,733 | |
10/11 |
20,000 | 20,000 | |
14 |
-449,554 | -351,733 | |
17/49 |
515,925 | 434,778 | |
42/48 |
515,925 | 434,778 | |
44 |
87,472 | 285,707 | |
440/4 |
87,472 | 285,707 | |
47/48 |
428,453 | 149,071 | |
| Income statement | |||
9900 |
-90,207 | -350,683 | |
630 |
8,188 | 1,257 | |
640/8 |
120 | 168 | |
9901 |
-98,515 | -352,108 | |
75/76B |
734 | 547 | |
75 |
734 | 547 | |
65/66B |
40 | 172 | |
65 |
40 | 172 | |
9903 |
-97,821 | -351,733 | |
9904 |
-97,821 | -351,733 | |
9905 |
-97,821 | -351,733 | |
| Appropriation of the result | |||
9906 |
-449,554 | -351,733 | |
14P |
-351,733 | - | |
| Document | |||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| -90,327 | -350,851 | ||
| -89,633 | -350,477 | ||
| 0 | 81,877 | ||
| 1,175 | - | ||
| -503,244 | -413,610 | ||
| -497.3% | -321.9% | ||
| 0.02 | 0.05 | ||
| -113.3% | -341.3% | ||
| -2235.82 | -2034.63 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Intangible fixed assets | - | €81,877 |
| €8,188 | €1,257 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on BORA
The operating result for 2025 is a loss of €98,515, smaller than the loss of €352,108 in 2024.
Equity is negative. Debt (€515,925) exceeds the balance-sheet total (€86,371).