BOREMI
ActiveSummary
BOREMI has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140,505 and a net result of -€51,622. Equity is growing by ~12.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability9▼-2
Solvency45▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.08 against 0.62 in 2024; short-term debt: 8% and cash: 0.4% of total assets), and 79.9% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€51,622
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
16 d early
2023
13 d early
2022
18 d early
2021
11 d early
2020
42 d early
2019
25 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 20 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 (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€140,505▼ 26.9%
2024 · €192,127
Total assets
€697,534▼ 2.8%
2024 · €717,757
Net result
-€51,622▼ 17.7%
2024 · -€43,851
Working capital
-€51,472▼ 453%
2024 · -€9,314
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
Line20212022202320242025
Operating result€43,408▼ 2.7%€53,828▲ 24.0%€54,455▲ 1.2%-€37,635-€47,217▼ 25.5%
Net result€22,828▼ 0.2%€34,126▲ 49.5%€19,486▼ 42.9%-€43,851-€51,622▼ 17.7%
Equity€182,365▲ 14.3%€216,492▲ 18.7%€235,978▲ 9.0%€192,127▼ 18.6%€140,505▼ 26.9%
Total assets€822,573▼ 2.4%€771,866▼ 6.2%€764,557▼ 0.9%€717,757▼ 6.1%€697,534▼ 2.8%
Debt€640,207▼ 6.3%€555,374▼ 13.3%€528,579▼ 4.8%€525,630▼ 0.6%€557,029▲ 6.0%
Working capital-€52,652-€35,872▲ 31.9%€11,065-€9,314-€51,472▼ 453%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €47,217 in 2025 against €37,635 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €697,534
Fixed assets
€693,105 ▼ 1.3%
Current assets
€4,429 ▼ 70.8%
Equity and liabilities €697,534
Equity
€140,505 ▼ 26.9%
Debt
€557,029 ▲ 6.0%
Debt's share of the balance-sheet total rises from 73.2% to 79.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€23,957▼
2024 · -€14,908
Cash flow
-€28,362▼
2024 · -€21,124
Current ratio
0.08▼
2024 · 0.62
Debt to equity
3.96▲
2024 · 2.74
ROE
-36.7%▼
2024 · -22.8%
ROA
-7.4%▼
2024 · -6.1%
Interest coverage
-5.32▼
2024 · -2.35
Debt ≤ 1 year
€55,901▲
2024 · €24,501
Debt > 1 year
€500,000=
2024 · €500,000
Income taxes
€0▲
2024 · -€115
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,422 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
0.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,422 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,003 | €22,610 | €22,527 | €22,727 | €23,260 | ▲ 2.3% |
| Other operating charges640/8 | €5,172 | €5,275 | €5,206 | €5,411 | €5,579 | ▲ 3.1% |
| Gross operating margin9900 | €81,582 | €81,713 | €82,188 | -€9,497 | -€18,378 | ▼ 93.5% |
| Operating profit (loss)9901 | €43,408 | €53,828 | €54,455 | -€37,635 | -€47,217 | ▼ 25.5% |
| Financial income75/76B | €106 | €0 | €0 | €0 | €101 | - |
| Recurring financial income75 | €106 | €0 | €0 | €0 | €101 | - |
| Financial charges65/66B | €9,886 | €8,179 | €27,081 | €6,331 | €4,506 | ▼ 28.8% |
| Recurring financial charges65 | €9,886 | €8,179 | €27,081 | €6,331 | €4,506 | ▼ 28.8% |
| Profit (loss) for the period before taxes9903 | €33,628 | €45,649 | €27,374 | -€43,966 | -€51,622 | ▼ 17.4% |
| Income taxes67/77 | €10,800 | €11,523 | €7,888 | -€115 | €0 | ▲ 100% |
| Profit (loss) for the period9904 | €22,828 | €34,126 | €19,486 | -€43,851 | -€51,622 | ▼ 17.7% |
| Profit (loss) for the period to be appropriated9905 | €22,828 | €34,126 | €19,486 | -€43,851 | -€51,622 | ▼ 17.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €822,573 | €771,866 | €764,557 | €717,757 | €697,534 | ▼ 2.8% |
| Fixed assets21/28 | €766,474 | €743,864 | €725,297 | €702,570 | €693,105 | ▼ 1.3% |
| Tangible fixed assets22/27 | €766,474 | €743,864 | €725,297 | €702,570 | €693,105 | ▼ 1.3% |
| Land and buildings22 | €766,474 | €743,864 | €725,297 | €702,570 | €693,105 | ▼ 1.3% |
| Current assets29/58 | €56,099 | €28,002 | €39,260 | €15,187 | €4,429 | ▼ 70.8% |
| Amounts receivable within one year40/41 | €6,449 | €7,500 | €2,000 | €109 | €0 | ▼ 100% |
| Trade receivables40 | €6,449 | €0 | - | €109 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €7,500 | €2,000 | €0 | - | - |
| Cash at bank and in hand54/58 | €48,379 | €19,128 | €35,786 | €13,577 | €2,919 | ▼ 78.5% |
| Deferred charges and accrued income490/1 | €1,272 | €1,374 | €1,475 | €1,501 | €1,510 | ▲ 0.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €822,573 | €771,866 | €764,557 | €717,757 | €697,534 | ▼ 2.8% |
| Equity10/15 | €182,365 | €216,492 | €235,978 | €192,127 | €140,505 | ▼ 26.9% |
| Contributions10/11 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Reserves13 | €107,365 | €141,492 | €160,978 | €117,127 | €107,365 | ▼ 8.3% |
| Non-distributable reserves130/1 | €7,500 | €7,500 | €0 | - | - | - |
| Reserves not available under the articles1311 | €7,500 | €7,500 | €0 | - | - | - |
| Distributable reserves133 | €99,865 | €133,992 | €160,978 | €117,127 | €107,365 | ▼ 8.3% |
| Profit (loss) carried forward14 | - | - | - | - | -€41,861 | - |
| Amounts payable17/49 | €640,207 | €555,374 | €528,579 | €525,630 | €557,029 | ▲ 6.0% |
| Amounts payable after more than one year17 | €530,000 | €490,000 | €500,000 | €500,000 | €500,000 | = |
| Financial debts170/4 | €530,000 | €490,000 | €0 | - | - | - |
| Other amounts payable178/9 | - | - | €500,000 | €500,000 | €500,000 | = |
| Amounts payable within one year42/48 | €108,751 | €63,874 | €28,195 | €24,501 | €55,901 | ▲ 128% |
| Current portion of amounts payable after more than one year42 | €40,000 | €40,000 | €0 | - | - | - |
| Trade debts44 | - | - | €722 | €3,978 | €10,834 | ▲ 172% |
| Suppliers440/4 | - | - | €722 | €3,978 | €10,834 | ▲ 172% |
| Taxes, remuneration and social security45 | €1,800 | €1,823 | €0 | - | - | - |
| Taxes450/3 | €1,800 | €1,823 | €0 | - | - | - |
| Other amounts payable47/48 | €66,951 | €22,051 | €27,473 | €20,524 | €45,067 | ▲ 120% |
| Accrued charges and deferred income492/3 | €1,456 | €1,500 | €384 | €1,129 | €1,129 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,828 | €34,126 | €19,486 | -€43,851 | -€51,622 | ▼ 17.7% |
| + Depreciation and write-downs630 | €33,003 | €22,610 | €22,527 | €22,727 | €23,260 | ▲ 2.3% |
| Operating cash flow (approximation) | €55,830 | €56,736 | €42,013 | -€21,124 | -€28,362 | ▼ 34.3% |
| Investment in fixed assets (approximation) | - | €0 | -€3,960 | €0 | -€13,795 | - |
| Change in cash | - | -€29,250 | €16,657 | -€22,209 | -€10,658 | ▲ 52.0% |
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
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€51,622
Net result drops to -€51,622, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity triplescurrent ratio 1.39
Current ratio from 0.44 to 1.39; short-term debt falls from €63,874 to €28,195.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €34,126 ▲49.5%
Net result €34,126, the highest in the series.
31-12
Financial
Equity above €200,000Eq €216,492 ▲18.7%
5 profitable years in a row build equity to €216,492.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150,000Eq €159,538 ▲16.7%
3 profitable years in a row build equity to €159,538.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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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Directors · office · real estate
Directors
3 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, Zwevegem · 1 establishment unit since 2015
Ground area
4,795 m²
Building footprint
289 m²
Volume, LiDAR
1,859 m³
Parcel 34028A0224/00C000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOREMI
since 20152.323.711.610
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34028A0224/00C000 | Flanders | 4,795 m² | 1 · 289 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded03-12-2015
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0643819385
Registered
27-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.