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BORMANS - COLSON

Active
Public limited companyfounded 1989active for 37 yearsMaaseikerbaan 173, 3600 Genk, BelgiumKBO/BCE: BE 0437.411.305
Summary

BORMANS - COLSON has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€20,981) and a net result of -€307,299. Equity is shrinking by about 16% per year across the filed financial years. Its solvency ranks better than 17% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
2 sites
Size
€8.2mtotal assets 2025
Staff
2.5 FTE
Equity
-€20,981
Loss
-€307,299
Turnover not published (abbreviated or micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
2025 accounts on time1 of 5 deeds summarised
Why 54raises riskCapped at 59: negative equityNegative equity -€20,981Liquidity: current ratio 0.18, cash €168,776, halvedlowers riskSize: total assets €8.2mFigures for financial year 2025 (filed 31-07-2026)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 25% of its sector peers (NACE 68, small)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 25-4
equity -0.3% of total assets
Liquidity 51-5
short-term debt 12.3% · cash 2.0%
Profitability 21+6
return on assets -3.7%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,985 companies, NACE 68, small)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.18, compared with 0.86 in 2024, below 1; short-term debt: 12.3% and cash: 2% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 14% on solvency, 66% on liquidity, 15% on profitability and 4% on growth.

The bankruptcy probability was computed on 25-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €8.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€20,981
NBB · annual accounts
raises risk · Liquidity: current ratio 0.18, cash €168,776, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 31-07-2026)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€20,981
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 filings
Deviation from the deadline
2025
on the day
2024
22 days late
2023
28 days late
2022
28 days late
2021
31 days early
2020
20 days late
2019
77 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€331,388

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€20,981 View
  • Risk: 5 loss-making years in a rowloss financial year 2025 -€307,299 View
  • Caution: Among the weakest 5% on net resultsector median €10,062 · 11,183 companies -€307,299 View

By topic

Financials

Financial year
2025
Total assets
€8.2m
Loss
-€307,299
Solvency
-0.3%
Total assets▲ 1.1%
Net result
20182025
Go to Financials

Timeline

Events
40
Since
1990
Next accounts
by 31-07-2027
  1. 28-08-2024Annual accounts filed
  2. 03-10-2023Reappointments: Gerrits Luc (director) and Bormans Miraise…
  3. 28-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
27-04-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about BORMANS - COLSON

What is the company number of BORMANS - COLSON?
0437.411.305. In Belgium the VAT number is the company number with BE in front: BE 0437.411.305.
Where is BORMANS - COLSON based?
The registered office is at Maaseikerbaan 173, 3600 Genk.Company details
What does BORMANS - COLSON do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of BORMANS - COLSON?
Public limited company (NV).
When was BORMANS - COLSON founded?
On 27-04-1989.
Is BORMANS - COLSON still active?
Yes, BORMANS - COLSON is an active enterprise in the KBO register.
How many employees does BORMANS - COLSON have?
On average 2.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BORMANS - COLSON?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BORMANS - COLSON profitable?
In financial year 2025, BORMANS - COLSON made a loss of €307,299.
Where can I find the annual accounts of BORMANS - COLSON?
BORMANS - COLSON filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BORMANS - COLSON due?
By 31-07-2027, for financial year 2026.Timeline

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