BORALLIS
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 03-07-2025, 28 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
34 d early
2022
38 d early
2021
33 d early
2020
39 d early
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 35 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€329,254▲ 6.1%
2023 · €310,407
Total assets
€594,907▲ 12.4%
2023 · €529,111
Net result
€18,848
2023 · -€19,922
Working capital
€333,497▲ 4.7%
2023 · €318,379
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€21,275€22,951▲ 7.9%€28,084▲ 22.4%-€6,046€6,599
Net result€20,466€21,997▲ 7.5%€24,795▲ 12.7%-€19,922€18,848
Equity€283,538▲ 7.8%€305,534▲ 7.8%€330,329▲ 8.1%€310,407▼ 6.0%€329,254▲ 6.1%
Total assets€361,206▲ 3.1%€634,504▲ 75.7%€500,490▼ 21.1%€529,111▲ 5.7%€594,907▲ 12.4%
Debt€77,668▼ 10.9%€328,970▲ 324%€170,161▼ 48.3%€218,705▲ 28.5%€265,652▲ 21.5%
Working capital€283,346▲ 7.8%€304,469▲ 7.5%€332,581▲ 9.2%€318,379▼ 4.3%€333,497▲ 4.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2021 Total assets +76% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €6,599 after a loss of €6,046 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €594,907
Fixed assets
€462 ▼ 36.9%
Current assets
€594,445 ▲ 12.5%
Equity and liabilities €594,907
Equity
€329,254 ▲ 6.1%
Debt
€265,652 ▲ 21.5%
Debt's share of the balance-sheet total rises from 41.3% to 44.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6,870▲
2023 · -€5,670
Cash flow
€19,118▲
2023 · -€19,545
Current ratio
2.28▼
2023 · 2.52
Debt to equity
0.81▲
2023 · 0.70
ROE
5.7%▲
2023 · -6.4%
ROA
3.2%▲
2023 · -3.8%
Interest coverage
3.79▲
2023 · -0.41
Debt ≤ 1 year
€260,948▲
2023 · €210,000
Income taxes
€347
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €402 | €411 | €377 | €377 | €270 | ▼ 28.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €5,826 | €23,117 | €27,362 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €449 | €19,047 | €493 | €505 | ▲ 2.4% |
| Gross operating margin9900 | €26,124 | €29,636 | €70,624 | €22,185 | €7,375 | ▼ 66.8% |
| Operating profit (loss)9901 | €21,275 | €22,951 | €28,084 | -€6,046 | €6,599 | ▲ 209% |
| Financial income75/76B | - | €5,283 | €22,624 | €78 | €14,408 | ▲ 18,292% |
| Recurring financial income75 | €1,835 | €5,283 | €22,624 | €78 | €14,408 | ▲ 18,292% |
| Financial charges65/66B | - | €4,264 | €16,568 | €13,954 | €1,813 | ▼ 87.0% |
| Recurring financial charges65 | €2,643 | €4,264 | €16,568 | €13,954 | €1,813 | ▼ 87.0% |
| Profit (loss) for the period before taxes9903 | €20,466 | €23,971 | €34,139 | -€19,922 | €19,194 | ▲ 196% |
| Income taxes67/77 | - | €1,974 | €9,345 | - | €347 | - |
| Profit (loss) for the period9904 | €20,466 | €21,997 | €24,795 | -€19,922 | €18,848 | ▲ 195% |
| Profit (loss) for the period to be appropriated9905 | €20,466 | €21,997 | €24,795 | -€19,922 | €18,848 | ▲ 195% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €361,206 | €634,504 | €500,490 | €529,111 | €594,907 | ▲ 12.4% |
| Fixed assets21/28 | €1,046 | €1,485 | €1,109 | €732 | €462 | ▼ 36.9% |
| Tangible fixed assets22/27 | €949 | €1,388 | €1,011 | €635 | €364 | ▼ 42.6% |
| Plant, machinery and equipment23 | - | €744 | €460 | €177 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €644 | €551 | €458 | €364 | ▼ 20.4% |
| Financial fixed assets28 | €98 | €98 | €98 | €98 | €98 | = |
| Current assets29/58 | €360,159 | €633,019 | €499,381 | €528,379 | €594,445 | ▲ 12.5% |
| Stocks and contracts in progress3 | €11,709 | €5,826 | - | - | - | - |
| Stocks30/36 | - | €5,826 | - | - | - | - |
| Amounts receivable within one year40/41 | €75,936 | €445,260 | €352,707 | €233,408 | €395,531 | ▲ 69.5% |
| Trade receivables40 | - | €444,190 | €351,808 | €230,591 | €394,668 | ▲ 71.2% |
| Other amounts receivable41 | - | €1,070 | €899 | €2,817 | €863 | ▼ 69.4% |
| Cash at bank and in hand54/58 | €204,345 | €181,926 | €146,666 | €294,791 | €198,910 | ▼ 32.5% |
| Deferred charges and accrued income490/1 | - | €7 | €8 | €180 | €5 | ▼ 97.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €361,206 | €634,504 | €500,490 | €529,111 | €594,907 | ▲ 12.4% |
| Equity10/15 | €283,538 | €305,534 | €330,329 | €310,407 | €329,254 | ▲ 6.1% |
| Contributions10/11 | - | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Reserves13 | €500 | €5,534 | €30,329 | €10,407 | €29,254 | ▲ 181% |
| Distributable reserves133 | - | €5,534 | €30,329 | €10,407 | €29,254 | ▲ 181% |
| Profit (loss) carried forward14 | -€16,962 | - | - | - | - | - |
| Amounts payable17/49 | €77,668 | €328,970 | €170,161 | €218,705 | €265,652 | ▲ 21.5% |
| Amounts payable within one year42/48 | €76,813 | €328,550 | €166,800 | €210,000 | €260,948 | ▲ 24.3% |
| Trade debts44 | €76,813 | €264,586 | €89,117 | €210,000 | €260,585 | ▲ 24.1% |
| Suppliers440/4 | - | €264,586 | €89,117 | €210,000 | €260,585 | ▲ 24.1% |
| Taxes, remuneration and social security45 | - | €1,974 | €11,319 | - | €347 | - |
| Taxes450/3 | - | €1,974 | €11,319 | - | €347 | - |
| Other amounts payable47/48 | - | €61,990 | €66,365 | - | €16 | - |
| Accrued charges and deferred income492/3 | - | €420 | €3,361 | €8,704 | €4,705 | ▼ 46.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,466 | €21,997 | €24,795 | -€19,922 | €18,848 | ▲ 195% |
| + Depreciation and write-downs630 | €402 | €411 | €377 | €377 | €270 | ▼ 28.2% |
| Operating cash flow (approximation) | €20,868 | €22,408 | €25,171 | -€19,545 | €19,118 | ▲ 198% |
| Investment in fixed assets (approximation) | - | -€850 | €0 | €0 | €0 | - |
| Change in cash | - | -€22,420 | -€35,260 | €148,125 | -€95,881 | ▼ 165% |
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
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €18,848
Net result €18,848 after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €24,795 ▲12.7%
Operating result €28,084, net result €24,795, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €20,466
Net result €20,466 after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€39,695
Net result drops to -€39,695, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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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Structure & network
Owners and holdings
1 ownerChain of control
- INTROPA HOLDING
- INTROPA
- BORALLIS
Highest known parent: INTROPA HOLDING. The sources do not say who stands above it.
Owners 1
- INTROPAparentSourceaccounts INTROPA 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.