BORAMA
ActiveBORAMA has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €98k and a net result of €-2k. Equity is growing by ~42.5% per year across the filed fiscal years. Its solvency ranks better than 63% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▼-66
Solvency74▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.02 against 3.06 in 2024; short-term debt: 32.7% and cash: 9.9% of total assets), but 50.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
49.2%
Return on assets
-1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
62 d early
2023
44 d early
2022
35 d early
2021
62 d early
2020
37 d early
2019
35 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€98k▼ 2.0%
2024 · €100k
2018: €-67k
2019: €-47k
2020: €-5k
2021: €39k
2022: €56k
2023: €74k
2024: €100k
2018 → 2025
Total assets
€199k▼ 8.5%
2024 · €217k
2018: €166k
2019: €192k
2020: €218k
2021: €216k
2022: €219k
2023: €220k
2024: €217k
2018 → 2025
Net result
€-2k
2024 · €26k
2018: €11k
2019: €20k
2020: €42k
2021: €44k
2022: €17k
2023: €17k
2024: €26k
2018 → 2025
Working capital
€131k▼ 8.7%
2024 · €144k
2018: €84k
2019: €93k
2020: €113k
2021: €129k
2022: €134k
2023: €133k
2024: €144k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€56k▲ 44.0%€74k▲ 31.0%€100k▲ 35.6%€98k▼ 2.0%
Operating result€56k-€24k▼ 57.0%€25k▲ 3.7%€36k▲ 45.5%€-1k
Net result€44k-€17k▼ 61.0%€17k▲ 1.3%€26k▲ 50.5%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1k after €36k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199k
Fixed assets
€3k▼ 32.2%
Current assets
€196k▼ 8.1%
Equity and liabilities €199k
Equity
€98k▼ 2.0%
Debt
€101k▼ 14.0%
The debt ratio falls from 54.1% to 50.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€25▼
2024 · €38k
Cash flow
€-788▼
2024 · €28k
Solvency
49.2%▲
2024 · 45.9%
Current ratio
3.02▼
2024 · 3.06
Quick ratio
0.60▼
2024 · 0.79
Debt / equity
1.03▼
2024 · 1.18
ROE
-2.1%▼
2024 · 26.2%
ROA
-1.0%▼
2024 · 12.1%
Interest coverage
0.04▼
2024 · 50.97
Debt
€101k▼
2024 · €117k
Debt ≤ 1 year
€65k▼
2024 · €70k
Debt > 1 year
€36k▼
2024 · €48k
Income taxes
€150▼
2024 · €9k
Staff costs
€75k▲
2024 · €70k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€217k€199k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€967€372▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€130€130=
Current assets29/58€213k€196k▼
Stocks and contracts in progress3€158k€157k▼
Stocks30/36€158k€157k▼
Amounts receivable within one year40/41€29k€19k▼
Trade receivables40€28k€8k▼
Other amounts receivable41€2k€11k▲
Cash at bank and in hand54/58€25k€20k▼
Equity and liabilities
Total equity and liabilities10/49€217k€199k▼
Equity10/15€100k€98k▼
Contributions10/11€50k€50k=
Reserves13€49k€47k▼
Distributable reserves133€49k€47k▼
Profit (loss) carried forward14€676€641▼
Amounts payable17/49€117k€101k▼
Amounts payable after more than one year17€48k€36k▼
Financial debts170/4€48k€36k▼
Amounts payable within one year42/48€70k€65k▼
Current portion of amounts payable after more than one year42€2k€1k▼
Financial debts43€2k€3k▲
Credit institutions430/8€2k€3k▲
Trade debts44€48k€41k▼
Suppliers440/4€48k€41k▼
Taxes, remuneration and social security45€15k€18k▲
Taxes450/3€5k€5k▲
Remuneration and social security454/9€10k€13k▲
Other amounts payable47/48€2k€2k=
Income statement
Code20242025
Remuneration, social security and pensions62€70k€75k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€729€22k▲
Gross operating margin9900€109k€97k▼
Operating profit (loss)9901€36k€-1k▼
Financial income75/76B-€12
Recurring financial income75-€12
Financial charges65/66B€743€674▼
Recurring financial charges65€743€674▼
Profit (loss) for the period before taxes9903€35k€-2k▼
Income taxes67/77€9k€150▼
Profit (loss) for the period9904€26k€-2k▼
Profit (loss) for the period to be appropriated9905€26k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€-1k▼
Profit (loss) brought forward from the previous period14P€516€676▲
Transfer from equity791/2-€2k
Transfer to equity691/2€26k-
To other reserves6921€26k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-2k ▼108%
Net result drops to €-2k, the lowest in the series.
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €44k ▲5.6%
Operating result €56k, net result €44k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, La Hulpe · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Combattants 401310 La HulpeGround area
547 m²
Building footprint
117 m²
Volume, LiDAR
1,425 m³
Parcel 25050B0429/00P000, Wallonia · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Le coin du vin
since 20022.099.038.527
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050B0429/00P000 | Wallonia | 547 m² | 1 · 117 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLa Hulpe2.099.038.527
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Of 1,508 companies in sector 47252 we hold annual accounts for 651. 500 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2002
Fiscal year end31-12
Activities, NACEBEL
47252Retail sale of beverages, general range
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@lecoinduvin.be