Turnover
≈ €310,000 estimated
The micro format states no turnover.
BOREE SOLUTIONS
Lifetime
1 annual account with figurespeak €81,201 (2025)
€81,201
peak €58,408 (2025)
€58,408
peak €64,408 (2025)
€64,408
€59,674
Board3 names since 2025
3 directorsBONNEJONNE Jean-François Patrick and 2 others
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Incorporation 15-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€6,000 120 shares
Position in the sector
€58,408
Higher net result than 89% of companies in specialised construction. Sector median €10,184 · 35,124 companies.
2025 accounts filed 61 days after the deadline
Checked score
67
Healthy
Financially stronger than 69% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 1.9%
03-2026: 1.9%● unchanged vs 02-2026
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 2.4%▲ +0.5 percentage points vs 04-2026
06-2026: 2.4%● unchanged vs 05-2026
07-2026: 2.7%▲ +0.3 percentage points vs 06-2026
08-2026: 3.0%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 3.0%● unchanged vs 08-2026highest value
10-2026: 1.1%▼ -1.9 percentage points vs 09-2026lowest value
11-2026: 1.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
Size: total assets €124,082
Last filed accounts filed 61 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 2.25, cash €24,157
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 43, micro). It does better than 56% of them on solvency, 59% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as BOREE SOLUTIONS has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of BOREE SOLUTIONS itself is higher: 1.1% within 12 months. It rests on far more data about BOREE SOLUTIONS than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for BOREE SOLUTIONS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.25, above the usual 1.5. Short-term debt is 31.7% and cash 19.5% of total assets. 48.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
61 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- MASSET Medhy Armand Francis Ghislain founderdeed of 15-01-2025
- BONNEJONNE Jean-François Patrick founderdeed of 15-01-2025
- ELRHANDOUR Emeric founderdeed of 15-01-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1018628573
Incorporation
Founding capital of €6,000, 120 shares · Founders: MASSET Medhy Armand Francis Ghislain, BONNEJONNE Jean-François Patrick and ELRHANDOUR Emeric · Appointments: MASSET Medhy Armand Francis Ghislain, BONNEJONNE Jean-François Patrick and ELRHANDOUR Emeric · published on 15-01-2025 · Gazette deed
First establishment
Rue des Gaulx (F-E) 246, Fontaine-l'Evêque
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BOREE SOLUTIONS Fontaine-l'Evêque | €124,082 | €81,201 | 51.9% | - |
| FRANCQ-PUISSANT Binche | €115,070 | €87,692 | 13.2% | - |
| HEAT COOL & COMFORT Mons | €128,526 | €80,340 | 62.5% | - |
| Chauffage-Sanitaire Van Elsuwege Thuin | €151,021 | €86,241 | 28.4% | - |
| SIM BUILDING Ghent | €120,657 | €75,819 | 41.5% | - |
| JOWY Deerlijk | €120,204 | €76,760 | 69.5% | - |
| D. Klima Buggenhout | €126,636 | €87,805 | 53.7% | - |
These companies have the same main activity as BOREE SOLUTIONS: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €115,000 and €151,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 13-01-2025Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 1 other
- Establishment unit
- 2.368.712.7796140 Fontaine-l'Evêque, since 13-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Insights on BOREE SOLUTIONS
BOREE SOLUTIONS has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,408 and a net result of €58,408.
Its solvency ranks better than 56% of 35,136 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BOREE SOLUTIONS
- What is the company number of BOREE SOLUTIONS?
- The company number of BOREE SOLUTIONS is 1018.628.573. The VAT number is the same number with BE in front: BE 1018.628.573.
- Where is BOREE SOLUTIONS based?
- The registered office is at Rue des Gaulx (F-E) 246, 6140 Fontaine-l'Evêque.Company details
- What does BOREE SOLUTIONS do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of BOREE SOLUTIONS?
- BOREE SOLUTIONS is a private limited company (BV).
- When was BOREE SOLUTIONS founded?
- BOREE SOLUTIONS was founded on 13-01-2025.
- Is BOREE SOLUTIONS still active?
- Yes, BOREE SOLUTIONS is an active enterprise in the KBO register.
- What is the turnover of BOREE SOLUTIONS?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €81,201 and 30 comparable companies (NACE 43222). It probably lies between €250,000 and €430,000.Financials
- Is BOREE SOLUTIONS profitable?
- In financial year 2025, BOREE SOLUTIONS made a profit of €58,408.
- Where can I find the annual accounts of BOREE SOLUTIONS?
- BOREE SOLUTIONS filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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