BORAAR
ActiveSummary
BORAAR has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115,605 and a net result of €10,153. Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 63% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 26-06-1987 Normal situation
- Activity
- Wholesale of fruit and vegetables, excluding potatoes NACE 46319and 1 other
- Establishment unit
- 2.029.458.447 8810 Lichtervelde, since 13-07-1987
- Financial year end
- 30 June
- Peppol
- Reachable since 29-07-2025
Board and ownership
- BORET GeertDirector · since 26-06-1987
- TUYTTEN FabienneDirector · since 24-06-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €37,510
- ▲ 26.4%
- Turnover
- ≈ €290,000
- estimated
- Profit
- €10,153
- ▲ 38.7%
- Equity
- €115,605
- ▲ 9.6%
- Total assets
- €202,109
- ▲ 6.7%
Score breakdownlowers riskLiquidity: current ratio 1.72, cash €120,287Founded in 1987Equity €115,605 (57.2% of total assets)Size: total assets €202,109Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 64% of them on solvency, 82% on liquidity, 63% on profitability and 64% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed 1 director appointed, 2 directors resigning, 1 reappointedResignations: BORET Geert (manager) and BORET Walter (manager) · Reappointment: BORET Geert (director) · Appointment: TUYTTEN Fabienne (director)
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as BORAAR: wholesale of fruit and vegetables, excluding potatoes (NACE 46319). They are comparable in size and age: total assets between €117,000 and €393,000, founded between 1986 and 1994.
| Company | Total assets | Gross margin |
|---|---|---|
| BORAAR Lichtervelde | €202,109 | €37,510 |
| JOLY-FRAIS Elsene | €160,719 | €46,655 |
| JACQUES VAN CRAEYMEERSCH Blankenberge | €291,767 | €25,239 |
| JAKLON Grimbergen | €220,357 | €32,026 |
| Crotoni Trading BVBA Lier | €275,952 | €51,109 |
| GROUPEMENT DES PRODUCTEURS HORTICOLES DE FRUITS ET LEGUMES NAMUROIS Namur | €116,779 | €28,800 |
| VANDEWALLE M. Kortemark | €392,730 | €41,039 |
Key facts about BORAAR
- What is the company number of BORAAR?
- The company number of BORAAR is 0431.497.669. The VAT number is the same number with BE in front: BE 0431.497.669.
- Where is BORAAR based?
- The registered office is at Kasteelstraat 3, 8810 Lichtervelde.Company details
- What does BORAAR do?
- According to the KBO register, the main activity is wholesale of fruit and vegetables, excluding potatoes (NACE 46319).
- What is the legal form of BORAAR?
- The legal form of BORAAR is Private limited company (BV).
- When was BORAAR founded?
- BORAAR was founded on 26-06-1987.
- Is BORAAR still active?
- Yes, BORAAR is an active enterprise in the KBO register.
- What is the turnover of BORAAR?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €37,510 and 35 comparable companies (NACE 463). It probably lies between €150,000 and €630,000.Financials
- Is BORAAR profitable?
- In financial year 2025, BORAAR made a profit of €10,153.
- Where can I find the annual accounts of BORAAR?
- BORAAR filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BORAAR due?
- BORAAR must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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