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Private limited companyfounded 20241 yr activeApollostraat 57, 2600 Antwerpen, BelgiumKBO/BCE: BE 1017.907.013
Summary

BORG is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €83,111 and a net result of €78,111. Its solvency ranks better than 16% of 8061 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-09-2026, 50 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
50 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BORG was incorporated on 24 December 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€83,111
Net result
€78,111
Total assets
€835,459
Solvency
9.9%

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €835,459
Fixed assets €750,373
Current assets €85,087
Equity and liabilities €835,459
Equity €83,111
Debt €752,348
Debt finances 90.1% of the balance-sheet total.
Key figures and ratios
2025 value
ROE
94.0%
ROA
9.3%
Debt ≤ 1 year
€573,338
Debt > 1 year
€179,010
Income taxes
€21,493
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€835,459
Fixed assets21/28€750,373
Tangible fixed assets22/27€373
Plant, machinery and equipment23€373
Financial fixed assets28€750,000
Current assets29/58€85,087
Amounts receivable within one year40/41€34,466
Trade receivables40€34,334
Other amounts receivable41€132
Cash at bank and in hand54/58€50,621
Equity and liabilities
Total equity and liabilities10/49€835,459
Equity10/15€83,111
Contributions10/11€5,000
Reserves13€42,100
Tax-exempt reserves132€42,100
Profit (loss) carried forward14€36,011
Amounts payable17/49€752,348
Amounts payable after more than one year17€179,010
Financial debts170/4€179,010
Amounts payable within one year42/48€573,338
Current portion of amounts payable after more than one year42€47,691
Trade debts44€4,154
Suppliers440/4€4,154
Taxes, remuneration and social security45€11,493
Taxes450/3€11,493
Other amounts payable47/48€510,000
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14
Other operating charges640/8€520
Gross operating margin9900€103,976
Operating profit (loss)9901€103,442
Financial charges65/66B€3,838
Recurring financial charges65€3,838
Profit (loss) for the period before taxes9903€99,604
Income taxes67/77€21,493
Profit (loss) for the period9904€78,111
Transfer to tax-exempt reserves689€42,100
Profit (loss) for the period to be appropriated9905€36,011
Appropriation of the result
Profit (loss) to be appropriated9906€36,011

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14
Other operating charges640/8€520
Gross operating margin9900€103,976
Operating profit (loss)9901€103,442
Financial charges65/66B€3,838
Recurring financial charges65€3,838
Profit (loss) for the period before taxes9903€99,604
Income taxes67/77€21,493
Profit (loss) for the period9904€78,111
Transfer to tax-exempt reserves689€42,100
Profit (loss) for the period to be appropriated9905€36,011
Line2025
Assets
Total assets20/58€835,459
Fixed assets21/28€750,373
Tangible fixed assets22/27€373
Plant, machinery and equipment23€373
Financial fixed assets28€750,000
Current assets29/58€85,087
Amounts receivable within one year40/41€34,466
Trade receivables40€34,334
Other amounts receivable41€132
Cash at bank and in hand54/58€50,621
Equity and liabilities
Total equity and liabilities10/49€835,459
Equity10/15€83,111
Contributions10/11€5,000
Reserves13€42,100
Tax-exempt reserves132€42,100
Profit (loss) carried forward14€36,011
Amounts payable17/49€752,348
Amounts payable after more than one year17€179,010
Financial debts170/4€179,010
Amounts payable within one year42/48€573,338
Current portion of amounts payable after more than one year42€47,691
Trade debts44€4,154
Suppliers440/4€4,154
Taxes, remuneration and social security45€11,493
Taxes450/3€11,493
Other amounts payable47/48€510,000
Line2025
Profit (loss) for the period9904€78,111
+ Depreciation and write-downs630€14
Operating cash flow (approximation)€78,125

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
19-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 50 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
212 m²
Building footprint
88 m²
Volume, LiDAR
729 m³
Parcel 11302A0060/00C005, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BORG
Apollostraat 57, 2600 AntwerpenHoldings
since 20242.368.193.335
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11302A0060/00C005 Flanders 212 m² 1 · 88 m² 9.8 m · 3 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.

Recognitions · licences · registrations

Legal Entity Identifier

894500CQ2EX86W7Z3R41
live in the LEI register

Similar companies · same sector, comparable size

Of 24,730 companies in sector 64210 we hold annual accounts for 19,772. 11,870 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies

Scores and ratios are computed by Checked and are not a credit decision.