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BORG

Active Risk: not assessed Private limited companyfounded 2024active for 1 yearApollostraat 57, 2600 AntwerpKBO/BCE: BE 1017.907.013

Overview

Lifetime

1 annual account with figures
peak €103,976 (2025)
€103,976 
peak €78,111 (2025)
€78,111 
peak €83,111 (2025)
€83,111 
€752,348 
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
19-09-202650 days late
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €160,000 estimated

The micro format states no turnover.

Debts

€752,348 90% of the balance sheet
Financial debts 24%Suppliers 1%Taxes and wages 2%Other 74%

Of this, €573,338 falls due within a year.

Position in the sector

9.9%

Lower solvency than 83% of companies in financial services. Sector median 51.2% · 10,277 companies.

2025 accounts filed 50 days after the deadline

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 24-12-2024
Director, since 24-12-2024
  • 25 sharesdeed of 30-12-2024
  • 25 sharesdeed of 30-12-2024
  • 25 sharesdeed of 30-12-2024
and 1 other shareholderBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1017907013
Incorporation Founding capital of €5,000, 100 shares · Founders: , , and 1 other · Appointments: (director) and (director) · published on 30-12-2024 · Gazette deed
First establishment Apollostraat 57, Antwerp
All 4 events

Comparable companies

same main activity, similar in size and age
Company
BORG Antwerp €0.8m €103,976 9.9% -
BERLOOT INVEST Bonheiden €1.1m €115,853 6.9% -
GFP WOOD Chiny €0.9m €112,489 8.1% -
ARDIVA Namur €0.7m €119,699 12.4% -
KITCHEN NUGGETS Mouscron €0.9m €90,127 13.1% -
JENTES Hasselt €1.1m €111,493 9.7% 0
CANTONA Ghent €1.1m €105,613 6.2% -

These companies have the same main activity as BORG: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €728,000 and €1.1m, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 24-12-2024Normal situation
Activity
Activities of holding companiesNACE 64210
Establishment unit
2.368.193.3352600 Antwerp, since 24-12-2024
Financial year end
31 December
Peppol
Reachable since 19-09-2025
Company details

Annual accounts 2025

€78,111
€83,111
€835,459
Filing
Filed on 19-09-2026
Financials

Insights on BORG

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 10,277 sector peers (NACE 64, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 19-09-2026, 50 days late
€83,111
€835,459
€78,111
9.9%
94.0%
9.3%

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance sheet

balance sheet total €835,459 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

9.9%

Higher than 16% of 10,277 companies in 2025.

9.3%

Higher than 50% of 10,128 companies in 2025.

BORG Middle half of the sector 80% of the sector Micro accounts in financial services (NACE 64)

Net result: middle half · Equity: middle half · Balance sheet total: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025
Balance sheet: assets
20/58 835,459
21/28 750,373
22/27 373
23 373
28 750,000
29/58 85,087
40/41 34,466
40 34,334
41 132
54/58 50,621
Balance sheet: equity and liabilities
10/49 835,459
10/15 83,111
10/11 5,000
13 42,100
132 42,100
14 36,011
17/49 752,348
17 179,010
170/4 179,010
42/48 573,338
42 47,691
44 4,154
440/4 4,154
45 11,493
450/3 11,493
47/48 510,000
Income statement
9900 103,976
630 14
640/8 520
9901 103,442
65/66B 3,838
65 3,838
9903 99,604
67/77 21,493
9904 78,111
689 42,100
9905 36,011
Appropriation of the result
9906 36,011
Document PDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 19-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 50 days after the deadline. Filed on 19 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00516844.

Financial year Type Filed Reference Document
31-12-2025 micro format 19-09-2026 2026-00516844 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025
750,387
9.9%
94.0%
9.3%

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2025
Tangible fixed assets€387
Financial fixed assets€750,000
€14

Source: notes to the 2025 annual accounts (statement of fixed assets)

Insights on BORG

Debt's share of the balance-sheet total is 90.1%.

Board & ownership

Board

2 directors, since incorporation
Director
since 24-12-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 19-09-2026
Director
since 24-12-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 19-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“3.3. Elke bestuurder (gewoon, statutair en/of gedelegeerd-bestuurder) heeft zijn/haar mandaat aanvaard. BESTUUR & VERTEGENWOORDIGING…”
“Artikel 15. Bestuur - Vertegenwoordiging - Handtekening (extern) 15.1. Handtekeningsbevoegdheid Generieke handtekening Alle akten die de…”
Full text

Artikel 15. Bestuur - Vertegenwoordiging - Handtekening (extern) 15.1. Handtekeningsbevoegdheid Generieke handtekening Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij ondertekend worden: door 1 bestuurder die alleen tekent, ongeacht het aantal bestuurders (1-handtekeningsbevoegdheid). Zij moeten tegenover derden geen bewijs van hun machten leveren. 15.2. Bijzondere volmachten De bestuurder(s) kan/kunnen gevolmachtigden van de vennootschap aanwijzen. Alleen bijzondere en beperkte volmachten voor bepaalde of een reeks bepaalde rechtshandelingen zijn geoorloofd. De akten van deze bijzondere gevolmachtigden verbinden de vennootschap, binnen de perken van de hun verleende volmacht, onverminderd de verantwoordelijkheid van de bestuurder (s) in geval van overdreven volmacht. De lasthebber kan ten aanzien van derden het bewijs van zijn aanstelling en volmacht leveren door voorlegging van de bekendmaking in het Belgisch Staatsblad.

deed of 30-12-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director

Director
Board
Mandates as a list
    • Director, from 24-12-2024 to date
    • Director, from 24-12-2024 to date

See the board, name and registered office on a given date →

Control

Founders
, ,
and 1 other
This company
BORG
Equity €83,111
Profit €78,111 in 2025

Capital

Contribution
€5,000
Shares
100
Contribution per share
€50
Equity per share
€831 in 2025
Source
deed of 30-12-2024

Articles of association

deed of 30-12-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
100 shares

Shareholders

At incorporation deed of 30-12-2024 ↗
  • 25 shares (25%) · €1,250
  • 25 shares (25%) · €1,250
  • 25 shares (25%) · €1,250
  • 25 shares (25%) · €1,250

Network & group

No group

BORG has no parent and no holdings in its annual accounts.

The LEI register names no parent.

At the same address

Apollostraat 57, 2600 Antwerp · 1 other company
EMWAY
registered office since 15-01-2004 · founded in 2003
total assets €669,747 (2025)
0862.170.345

Earlier ties

via , no longer at · Director · deed of 19-11-2020
founded in 2001

Board mandates elsewhere

1 board mandate
Board mandates of BORGBORG sits on their board1
Director
Founded in 2003 · total assets €669,747 (2025)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

4 events since 2024
2026
Annual accounts 2025 filed NBBmicro format · 50 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017907013
2024
IncorporationFounding capital of €5,000, 100 shares · Founders: , , and 1 other · Appointments: (director) and (director) · published on 30-12-20249 points ▸
  • Founder,
  • Founder,
  • Founder,
  • Founder,
  • Founding capital, €5,000, 100 shares
  • Capital contribution, €5,000
  • Director appointment,
  • Director appointment,
  • Registered office clause, Apollostraat 57, 2600 Antwerpen/Berchem
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

First establishment Apollostraat 57, Antwerp

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Identity

Enterprise number
1017.907.013
VAT number
BE 1017.907.013
Peppol ID
0208:1017907013
Other Peppol ID
9925:BE1017907013
LEI code
894500CQ2EX86W7Z3R41 live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
24-12-2024
Financial year
ends on 31 December
Peppol
Reachable since 19-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
BORG in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 30-12-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 30-12-2024 (in Dutch)

Activities

NACEBEL 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Participaties nemen en investeren in vennootschappen,ondernemingen,bedrijvigheden,samenwerkingsverbanden,joint ventures of andere…”
9 activities
  1. Participaties nemen en investeren in vennootschappen,ondernemingen,bedrijvigheden,samenwerkingsverbanden,joint ventures of andere entiteiten,al dan niet met rechtspersoonlijkheid,al dan niet genoteerd op de beurs;
  2. Voornoemde entiteiten financieren door middel van het onderschrijven,het verwerven,het overdragen of op enige andere wijze verhandelen van aandelen,opties,inschrijvingsrechten,of andere effecten of andere vormen van kapitaalfinanciering,of door middel van het toestaan,het onderschrijven,het verwerven,het overdragen of op enige andere wijze verhandelen van leningen,obligaties,kredietopeningen of andere vormen van schuldfinanciering of schuldinstrumenten;
  3. Liquiditeiten of activa beleggen in effecten,cash of roerende waarden in de meest brede betekenis van het woord;
  4. De voormelde participaties en beleggingen beheren,kapitaliseren en valoriseren,onder andere door rechtstreeks of onrechtstreeks te participeren in of door op enige andere wijze ondersteuning te geven aan de raad van bestuur,aan het management,bij de controle of de vereffening van de entiteiten,waarin zij een participatie heeft en door technische,zakelijke,administratieve,juridische,financiële of andere diensten of bijstand te verlenen;
  5. De ontwikkeling van de entiteiten,waarin zij participeert,bevorderen,plannen en coördineren,onder andere door middel van reorganisaties en herstructureringen;
  6. Alle financiële transacties en financiële overeenkomsten afsluiten,behoudens de activiteiten die wettelijk voorbehouden zijn aan spaar- en depositobanken en aan vennootschappen voor vermogensbeheer en beleggingsadvies;
  7. Het rechtstreeks of onrechtstreeks deelnemen aan het bestuur,de directie,de controle en vereffening van de vennootschappen waarin zij een belang of deelneming heeft en in het algemeen alle verrichtingen die rechtstreeks of onrechtstreeks,geheel of gedeeltelijk verband houden met de activiteiten van een holding.
  8. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals het aankopen,verkopen,ruilen,bouwen,verbouwen,oprichten,onderhouden,huren en verhuren van onroerende goederen,alsmede alle handelingen die rechtstreeks met dit bijkomstig doel in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen.
  9. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
deed of 30-12-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Apollostraat 57 registered office 2600 Antwerp 24-12-2024 2.368.193.335

Buildings and parcels at the address

Ground area
212 m²
Buildings
88 m²
Volume, LiDAR
729 m³
Tallest building
9.8 m
Buildings to scale, each on its own parcel
88 m², 9.8 m 88 m², 9.8 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11302A0060/00C005212 m² 1 · 88 m² 9.8 m · 3