BORMAGRI
ActiveBORMAGRI has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 3099 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency6▼-30
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 0.64 in 2024), and 98.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.7%
Return on assets
10.9%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 3099 sector peers (2025).
NBB · sector comparisonPosition among 3099 sector peers
Solvency
better than 19%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
18 d late
2023
8 d early
2022
33 d early
2021
4 d early
2020
27 d late
2019
26 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€146k
EBIT margin
-17.6%
Net result
€20k▲ 14.3%
2024 · €17k
2018: €1k
2019: €14k
2020: €-11k
2021: €-2k
2022: €24k
2023: €-27k
2024: €17k
2018 → 2025
Working capital
€-43k▲ 43.1%
2024 · €-76k
2018: €2k
2019: €-9k
2020: €-31k
2021: €-49k
2022: €-16k
2023: €-74k
2024: €-76k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€146k
Equity€-30k-€-6k▲ 78.7%€-34k▼ 429%€-17k▲ 50.9%€3k
Operating result€-102-€26k€-26k€20k€21k▲ 5.3%
Net result€-2k-€24k€-27k€17k€20k▲ 14.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €180k
Fixed assets
€76k▼ 20.4%
Current assets
€104k▼ 22.7%
Equity and liabilities €180k
Equity
€3k
Debt
€177k
Debt finances 98.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€40k▲
2024 · €39k
Cash flow
€39k▲
2024 · €36k
Solvency
1.7%▲
2024 · -7.2%
Current ratio
0.71▲
2024 · 0.64
Quick ratio
0.63▲
2024 · 0.58
Debt / equity
57.07▲
2024 · -14.86
ROE
635.5%▲
2024 · -103.8%
ROA
10.9%▲
2024 · 7.5%
Interest coverage
29.67▲
2024 · 13.53
Debt
€177k▼
2024 · €246k
Debt ≤ 1 year
€147k▼
2024 · €210k
Debt > 1 year
€30k▼
2024 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€230k€180k▼
Fixed assets21/28€95k€76k▼
Tangible fixed assets22/27€86k€66k▼
Plant, machinery and equipment23€16k€13k▼
Furniture and vehicles24€70k€54k▼
Financial fixed assets28€10k€10k=
Current assets29/58€135k€104k▼
Stocks and contracts in progress3€12k€11k▼
Stocks30/36€12k€11k▼
Amounts receivable within one year40/41€98k€36k▼
Trade receivables40€98k€36k▼
Other amounts receivable41€187€216▲
Cash at bank and in hand54/58€21k€50k▲
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€230k€180k▼
Equity10/15€-17k€3k▲
Contributions10/11€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-44k€-24k▲
Amounts payable17/49€246k€177k▼
Amounts payable after more than one year17€36k€30k▼
Financial debts170/4€36k€30k▼
Amounts payable within one year42/48€210k€147k▼
Current portion of amounts payable after more than one year42€9k€6k▼
Financial debts43€13k-
Credit institutions430/8€13k-
Trade debts44€30k€5k▼
Suppliers440/4€30k€5k▼
Taxes, remuneration and social security45€16k€895▼
Taxes450/3€16k€895▼
Other amounts payable47/48€143k€135k▼
Accrued charges and deferred income492/3€599-
Income statement
Code20242025
Remuneration, social security and pensions62€259-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▲
Other operating charges640/8€2k€993▼
Gross operating margin9900€41k€41k▲
Operating profit (loss)9901€20k€21k▲
Financial income75/76B€241€113▼
Recurring financial income75€241€113▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€17k€20k▲
Profit (loss) for the period9904€17k€20k▲
Profit (loss) for the period to be appropriated9905€17k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-24k▲
Profit (loss) brought forward from the previous period14P€-61k€-44k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-27k ▼216%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Havelange · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bormenville(F) 125370 HavelangeGround area
1,246 m²
Building footprint
40 m²
Parcel 91048D0111/00C002, Wallonia. Linked by address, not a title deed.
1 establishment unit
BORMAGRI
since 20122.206.389.813
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91048D0111/00C002 | Wallonia | 1,246 m² | 1 · 40 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Food safety, FASFC
1 siteHavelange2.206.389.813
Similar companies · same sector, comparable size
FERME DE DOMPIERRE
BE 0455.365.411
Fernelmont · Eq €3k
BAES PLANTY
BE 0799.086.790
Lens (Hainaut) · Eq €3k
DE KETSHOEVE
BE 0759.906.512
Willebroek · Eq €3k
BEL-AIR AGRI
BE 0833.680.158
Marchin · Eq €4k
FORESTREE
BE 0458.464.362
Schelle · Eq €3k
Of 20,586 companies in sector 01500 we hold annual accounts for 1,144. 154 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-01-2012
Fiscal year end31-12
Activities, NACEBEL
01500Mixed farming
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.