Skip to content

BORDER

Active
Private limited company·Activiteiten van bouwarchitecten· 4 yrs active
Faubourg de Namur 68 ·1400 Nivelles, Belgium
KBO/BCE: BE 0777.268.621
Watch Print / PDF
Full dossier in preparation

Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

Process with priority Sign in free to move this company to the front.
Age4 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of BORDER is 0.7% (low). The 2024 annual accounts show equity of €65k and a net result of €18k. Equity is growing by ~41.8% per year across the filed fiscal years. Its solvency ranks better than 81% of 3380 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

3 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 81% of 3380 peers (2024). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.7% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€18k-17.1%
Working capital€54k+52.5%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 29-07-2025 with the NBB · fiscal year 2024 · micro
€0€10k€20k€30kOperating result 2022: €30k€30kNet result 2022: €24k€24kOperating result 2023: €28k€28kNet result 2023: €21k€21kOperating result 2024: €23k€23kNet result 2024: €18k€18k202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~41.8%/year over 3 fiscal years, indicative, assuming unchanged policy.
€0€50k€100k€150k2025: €84k (€79k - €89k)2026: €104k (€99k - €109k)2027: €123k (€118k - €128k)2022: €25k2023: €47k2024: €65k202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 71, Architecture & engineering · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 78.1% 55.1%
better than 81% of 3380 sector peers
Net result €18k €19k
better than 48% of 3380 sector peers
Equity €65k €45k
better than 63% of 3382 sector peers
Gross operating margin €29k €38k
better than 41% of 3377 sector peers
Total assets €83k €95k
better than 44% of 3381 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P81
2022: P68 · n=19142023: P74 · n=27852024: P81 · n=33802022 2024
Improving position over 2022-2024 · n=1914-3380
Net result P48
2022: P62 · n=19152023: P56 · n=27832024: P48 · n=33802022 2024
Weakening position over 2022-2024 · n=1915-3380
Equity P63
2022: P43 · n=19142023: P58 · n=27852024: P63 · n=33822022 2024
Improving position over 2022-2024 · n=1914-3382
Gross operating margin P41
2022: P52 · n=19122023: P48 · n=27812024: P41 · n=33772022 2024
Stable position over 2022-2024 · n=1912-3377
Describes the position versus peers, not a forecast.
EBITDA
€27k
-12.7% -2% vs sector
Net profit
€18k
-17.1% +35% vs sector
Cash flow
€22k
-12.2% +7% vs sector
Total assets
€83k
+22.9% -69% vs sector
Equity
€65k
+37.9% -41% vs sector
Working capital
€54k
+52.5% -44% vs sector
Income taxes
€5k
-16.2% far above sector median
Debt
€18k
-11.4% -89% vs sector
Debt ≤ 1y
€18k
-11.4% -86% vs sector
Current ratio
3.96
+45.6% +186% vs sector
Quick ratio
3.96
+45.6% +191% vs sector
Solvency
78.1%
+12.2% +93% vs sector
Debt / equity
0.28
-35.7% -81% vs sector
ROE
27.5%
-39.9% +137% vs sector
ROA
21.4%
-32.5% far above sector median
Interest coverage
59.35
-13.6% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€27k
Net profit€18k
Cash flow€22k
Staff costs-
Income taxes€5k
Dividends-
Total assets€83k
Equity€65k
Debt€18k
of which ≤ 1y€18k
of which > 1y-
Working capital€54k
Employees (FTE)-
Ratios (computed)
2024
Current ratio3.96
Quick ratio3.96
Working capital ratio64.9%
Solvency78.1%
Debt / equity0.28
Long-term debt ratio-
Interest coverage59.35
Gross margin-
Net margin-
ROA21.4%
ROE27.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€83k
Fixed assets 21/28€11k
Tangible fixed assets 22/27€11k
Current assets 29/58€72k
Cash & bank 54/58€72k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€83k
Equity 10/15€65k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€63k
Amounts payable 17/49€18k
Amounts payable within one year 42/48€18k
Trade debts payable within one year 44€156
Income statement
Gross operating margin 9900€29k
Operating result 9901€23k
Financial charges 65€460
Result before taxes 9903€23k
Income taxes 67/77€5k
Net result for the period 9904€18k
Result to be appropriated 9905€18k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
93 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
BORDER
Faubourg de Namur 68, 1400 NivellesVervaardiging van kantoor- en winkelmeubelen
since 20212.324.258.273
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area290 m²
Buildings1
Building footprint57 m²
Volume (LiDAR)612 m³
Tallest building12.6 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25782C0430/00V004 Wallonia 290 m² 1 · 57 m² 12.6 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health93Profitability100Solvency100Growth52Stability94
88 / 100

Exceptional profile, strong across almost every axis.

Health 93
Profitability 100
Solvency 100
Growth 52
Stability 94

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector, ranked by comparable size

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Bouwarchitecten71111Activiteiten van bouwarchitecten71111Vervaardiging van kantoor- en winkelmeubelen31001Vervaardiging van kantoor- en winkelmeubelen31010Interieurarchitecten71112Activiteiten van interieurarchitecten71112Stedebouwkundige en tuin- en landschapsarchitecten71113Activiteiten van stedebouwkundige en tuin- en landschapsarchitecten71113Scheppende kunsten, m.u.v. ondersteunende diensten90031Literaire creatie90111Reparatie van meubelen en stoffering95240Reparatie en onderhoud van meubelen en stoffering95240
Primary activity highlighted.
Names & trade names
Legal nameFR BORDER
Registered office
Faubourg de Namur 68
1400 Nivelles, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.