BORMES
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive Normal situation
- Legal form
- Private limited company
- Activity
- No activity registered in the KBO
- Joint committee
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Board and ownership
Board
- Boret CarineDirector · since 28-02-2009
- Auditor
- KADIJA AMKHAOU, Bedrijfsrevisor
Financial position
No score
Annual accounts 2025
- Gross margin
- €126,666
- ▲ 10.9%
- Turnover
- ≈ €320,000
- estimated
- Profit
- €15,338
- ▲ 95.6%
- Equity
- €15,802
- ▲ 34×
- Total assets
- €33,816
- ▲ 4.0%
- Employees on 31-12-2025
- 4
- =
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 26-03-2026 PDF all 22 filings
Turnover
≈ €320,000
Estimated: probably between €210,000 and €490,000
Total assets
€33,816▲ 4.0%
2024 · €32,525
Net result
€15,338▲ 95.6%
2024 · €7,843
Working capital
€15,802▲ 196×
2024 · €81
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 93% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Operating result€15,957
2025
Net result€15,338
2025
Total assets€33,816
2025
Equity€15,802
2025
Debt€18,014
2025
Working capital€15,802
2025
Staff (FTE)4
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€857-€17,741▲ 21×-€4,387€2,154-€8,464-€14,899▼ 76.0%€8,283€15,957▲ 92.6%
Net result€555-€16,118▲ 29×-€5,303€1,273-€9,310-€15,693▼ 68.6%€7,843€15,338▲ 95.6%
Equity€1,535-€17,652▲ 12×€12,350▼ 30.0%€13,623▲ 10.3%€8,313▼ 39.0%-€7,380€464€15,802▲ 34×
Total assets€20,339-€31,839▲ 56.5%€50,025▲ 57.1%€54,821▲ 9.6%€33,570▼ 38.8%€26,842▼ 20.0%€32,525▲ 21.2%€33,816▲ 4.0%
Debt€18,804-€14,187▼ 24.6%€37,675▲ 166%€41,198▲ 9.4%€25,257▼ 38.7%€34,222▲ 35.5%€32,062▼ 6.3%€18,014▼ 43.8%
Working capital-€2,268-€15,620€3,451▼ 77.9%€6,017▲ 74.3%€1,922▼ 68.0%-€8,267€81€15,802▲ 196×
Staff (FTE)2.8-3.2▲ 14.3%2.8▼ 12.5%4▲ 42.9%4=4=4=4=
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 composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €33,816
Equity
€15,802 ▲ 34×
Debt
€18,014 ▼ 43.8%
Debt's share of the balance-sheet total falls from 98.6% to 53.3%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.88▲
2024 · 1.00
Debt to equity
1.14
ROE
97.1%
ROA
45.4%▲
2024 · 24.1%
Debt ≤ 1 year
€18,014▼
2024 · €32,062
Income taxes
€466▲
2024 · €286
Staff costs
€109,455▲
2024 · €104,477
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 4 | 4 | 4 | 4 |
| part-time | 4 | 4 | 4 | 4 | 4 |
| in full-time equivalents | 2.8 | 2.8 | 2.8 | 2.8 | 2.8 |
| Average over the year, in full-time equivalents | 2.8 | 2.8 | 2.8 | 2.8 | 2.8 |
| On a permanent contract | 4 | 4 | 4 | 4 | 4 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €0 | - | - | - |
| Depreciation and write-downs of the year | €7,199 | €7,199 | €7,011 | €504 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €81,539 | €90,792 | €104,530 | €104,477 | €109,455 | ▲ 4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,843 | €1,771 | €7,582 | €7,199 | €7,199 | €7,011 | €504 | - | - |
| Other operating charges640/8 | - | - | - | €1,491 | €1,616 | €1,382 | €922 | €1,253 | ▲ 35.9% |
| Gross operating margin9900 | €79,371 | €119,193 | €63,020 | €92,383 | €91,144 | €98,025 | €114,186 | €126,666 | ▲ 10.9% |
| Operating profit (loss)9901 | €857 | €17,741 | -€4,387 | €2,154 | -€8,464 | -€14,899 | €8,283 | €15,957 | ▲ 92.6% |
| Financial income75/76B | - | - | - | - | €0 | €0 | - | - | - |
| Recurring financial income75 | - | - | - | - | €0 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €379 | €292 | €223 | €154 | €153 | ▼ 0.7% |
| Recurring financial charges65 | €27 | €116 | €458 | €379 | €292 | €223 | €154 | €153 | ▼ 0.7% |
| Profit (loss) for the period before taxes9903 | €830 | €17,625 | -€4,844 | €1,775 | -€8,756 | -€15,121 | €8,129 | €15,804 | ▲ 94.4% |
| Income taxes67/77 | €274 | €1,507 | €458 | €501 | €554 | €571 | €286 | €466 | ▲ 62.9% |
| Profit (loss) for the period9904 | €555 | €16,118 | -€5,303 | €1,273 | -€9,310 | -€15,693 | €7,843 | €15,338 | ▲ 95.6% |
| Profit (loss) for the period to be appropriated9905 | €555 | €16,118 | -€5,303 | €1,273 | -€9,310 | -€15,693 | €7,843 | €15,338 | ▲ 95.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €20,339 | €31,839 | €50,025 | €54,821 | €33,570 | €26,842 | €32,525 | €33,816 | ▲ 4.0% |
| Fixed assets21/28 | €3,803 | €2,032 | €22,297 | €15,098 | €7,898 | €887 | €383 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €3,803 | €2,032 | €22,297 | €15,098 | €7,898 | €887 | €383 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | - | €0 | €0 | €0 | €0 | - |
| Furniture and vehicles24 | - | - | - | €14,909 | €7,898 | €887 | €383 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | - | €188 | €0 | €0 | €0 | €0 | - |
| Current assets29/58 | €16,536 | €29,807 | €27,728 | €39,724 | €25,672 | €25,955 | €32,142 | €33,816 | ▲ 5.2% |
| Amounts receivable within one year40/41 | €1,778 | €7,693 | €10,976 | €13,628 | €21,100 | €11,790 | €16,791 | €25,828 | ▲ 53.8% |
| Trade receivables40 | - | - | - | €11,332 | €17,468 | €11,790 | €12,737 | €20,699 | ▲ 62.5% |
| Other amounts receivable41 | - | - | - | €2,296 | €3,633 | - | €4,055 | €5,129 | ▲ 26.5% |
| Cash at bank and in hand54/58 | €14,621 | €21,878 | €15,446 | €25,826 | €4,148 | €13,722 | €14,752 | €7,874 | ▼ 46.6% |
| Deferred charges and accrued income490/1 | - | - | - | €269 | €424 | €442 | €599 | €113 | ▼ 81.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €20,339 | €31,839 | €50,025 | €54,821 | €33,570 | €26,842 | €32,525 | €33,816 | ▲ 4.0% |
| Equity10/15 | €1,535 | €17,652 | €12,350 | €13,623 | €8,313 | -€7,380 | €464 | €15,802 | ▲ 34× |
| Contributions10/11 | €14,600 | €14,600 | - | €14,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €4,978 | €4,978 | €4,978 | €4,978 | €4,978 | €4,978 | €4,978 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €3,118 | €3,118 | €4,978 | €4,978 | €4,978 | = |
| Profit (loss) carried forward14 | -€14,925 | -€1,925 | -€7,228 | -€5,955 | -€15,265 | -€30,957 | -€23,114 | -€7,776 | ▲ 66.4% |
| Amounts payable17/49 | €18,804 | €14,187 | €37,675 | €41,198 | €25,257 | €34,222 | €32,062 | €18,014 | ▼ 43.8% |
| Amounts payable after more than one year17 | - | - | €13,398 | €7,491 | €1,508 | - | - | - | - |
| Financial debts170/4 | - | - | - | €7,491 | €1,508 | - | - | - | - |
| Amounts payable within one year42/48 | €18,804 | €14,187 | €24,277 | €33,707 | €23,750 | €34,222 | €32,062 | €18,014 | ▼ 43.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,907 | €5,983 | €1,508 | - | - | - |
| Trade debts44 | €4,451 | €1,441 | €1,587 | €3,409 | €0 | €3,510 | €4,756 | €708 | ▼ 85.1% |
| Suppliers440/4 | - | - | - | €3,409 | €0 | €3,510 | €4,756 | €708 | ▼ 85.1% |
| Taxes, remuneration and social security45 | - | - | - | €24,391 | €17,766 | €26,582 | €27,306 | €17,306 | ▼ 36.6% |
| Taxes450/3 | - | - | - | €5,500 | €5,690 | €4,525 | €4,954 | €2,477 | ▼ 50.0% |
| Remuneration and social security454/9 | - | - | - | €18,890 | €12,076 | €22,057 | €22,352 | €14,829 | ▼ 33.7% |
| Other amounts payable47/48 | - | - | - | - | - | €2,622 | €0 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €555 | €16,118 | -€5,303 | €1,273 | -€9,310 | -€15,693 | €7,843 | €15,338 | ▲ 95.6% |
| + Depreciation and write-downs630 | €2,843 | €1,771 | €7,582 | €7,199 | €7,199 | €7,011 | €504 | - | - |
| Operating cash flow (approximation) | €3,398 | €17,888 | €2,279 | €8,473 | -€2,111 | -€8,682 | €8,348 | €15,338 | ▲ 83.7% |
| Investment in fixed assets (approximation) | - | €0 | -€27,846 | €0 | -€0 | €0 | €0 | €383 | ▲ 38,301× |
| Change in cash | - | €7,258 | -€6,432 | €10,380 | -€21,679 | €9,574 | €1,030 | -€6,878 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-03-2026 | 2026-00062601 | |
| 31-12-2024 | micro format | 24-07-2025 | 2025-00301014 | |
| 31-12-2023 | micro format | 02-07-2024 | 2024-00201558 | |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00274596 | |
| 31-12-2021 | micro format | 20-07-2022 | 2022-20210466 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-44300469 | |
| 31-12-2019 | micro format | 30-07-2020 | 2020-37100375 | |
| 31-12-2018 | micro format | 08-07-2019 | 2019-30300370 | |
| 31-12-2017 | micro format | 20-08-2018 | 2018-47800121 | |
| 31-12-2016 | micro format | 03-08-2017 | 2017-40900330 |
Board & ownership
Directors
Directors
1 director, last change in 2026
Board 1
Boret Carine
Current
Director · since 28-02-2009 · earlier statutory manager, until 06-07-2023 · listed in the 2025 annual accounts, filed on 26-03-2026
Statutory auditor 1
KADIJA AMKHAOU, Bedrijfsrevisor
Current
Company auditor · appointed in the act of 06-10-2026 · permanent representative: Kadija Amkhaou
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 06-07-2023Owners and capital
Capital transactions
Capital over time
- 06-07-2023 Converted to unavailable equity
Mandate history
5 people, 2 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Boret Carine |
|
| KADIJA AMKHAOU, Bedrijfsrevisor |
|
| Carine |
|
| Ivan |
|
| Messelis Ivan |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid aantal bij meer kopers, elke overdracht onder levenden ten bezwarende of kosteloze…”
Articles of association, deed of 06-07-2023 (in Dutch)
Network & group
BORMES shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of BORMES. Every other company they run is a node.
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
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
06-10
Gazette deed
Dissolution with immediate closure of the liquidationAppointment: KADIJA AMKHAOU BEDRIJFSREVISOR (company auditor) · Resignations: Ivan (director) and Carine (director) · Approval15 points ▸
Gazette deed
Dissolution with immediate closure of the liquidation
Appointment: KADIJA AMKHAOU BEDRIJFSREVISOR (company auditor) · Resignations: Ivan (director) and Carine (director) · Approval15 points ▸
- General meeting, 17-06-2026
- Approval, “ontbinding, verslag van het bestuursorgaan” (deed in Dutch)
- Approval, “goedgekeurd, staat van activa en passiva” (deed in Dutch)
- Auditor appointment, KADIJA AMKHAOU BEDRIJFSREVISOR (company auditor)
- Auditor report, “in België van toepassing zijnde boekhoudkundige wetgeving”, EUR (deed in Dutch)
- Dissolution, “vervroegde ontbinding, vervroegde ontbinding” (deed in Dutch)
- Real estate, “onroerende goederen, aandeelhouders” (deed in Dutch)
- Director resignation, Ivan (director)
- Director resignation, Carine (director)
- Director discharge, Ivan
- Director discharge, Carine
- Approval, “rekeningen en verrichtingen van het lopende boekjaar tot de datum van de algemene vergadering, goedgekeurd” (deed in Dutch)
- The act holds 3 more points.
26-03
micro format · 127 days before the deadline
2025
24-07
micro format · 7 days before the deadline
2024
31-12
Financial
Back to profitnet €7,843
The net result is €7,843, after 2 loss-making years.
02-07
micro format · 29 days before the deadline
2023
31-12
Financial
Weakest financial yearnet -€15,693
The net result drops to -€15,693, the lowest from 2018 to 2025.
25-07
micro format · 6 days before the deadline
06-07
Gazette deed
Change of role: Boret Carine, from statutory manager to directorResignation: Messelis Ivan (statutory manager) · Legal-form conversion · Amendment of the articles12 points ▸
Gazette deed
Change of role: Boret Carine, from statutory manager to director
Resignation: Messelis Ivan (statutory manager) · Legal-form conversion · Amendment of the articles12 points ▸
- General meeting, “buitengewone algemene vergadering, eenparig” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director resignation, Messelis Ivan (statutory manager)
- Director resignation, Boret Carine (statutory manager)
- Director appointment, Boret Carine (director)
- Other provision, “geen verbodsmaatregel voor benoeming, niet getroffen door maatregel die zich tegen benoeming verzet” (deed in Dutch)
- Capital
- Registered office clause, “8430 Middelkerke,Lavendelweg 16” (deed in Dutch)
- Director discharge, Messelis Ivan
- Director discharge, Boret Carine
2022
20-07
micro format · 11 days before the deadline
2021
31-12
Financial
Back to profitnet €1,273
The net result is €1,273, after one loss-making year.
30-07
micro format · 1 day before the deadline
2020
30-07
micro format · 1 day before the deadline
Show earlier events
2019
31-12
Financial
Highest result from 2018 to 2025net €16,118 ▲2,802%
The operating result of €17,741 and the net result of €16,118 are both a record.
31-12
Financial
Liquidity more than doubledcurrent ratio 2.10
The current ratio rises from 0.88 to 2.10. Short-term debt falls from €18,804 to €14,187.
08-07
micro format · 23 days before the deadline
2018
20-08
micro format · 20 days late
2017
03-08
micro format · 3 days late
2003
07-03
10 publications in the Belgian Official Gazette, the last on 06-10-2026
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive since October 2026
BORMES has not been in the KBO register since 5 October 2026.
- Status
- Inactiveout of the register since 5 October 2026
- Last annual accounts
- financial year to 31 December 2025
- Last registered office
- Lavendelweg 16, 8430 Middelkerkeas published on 6 October 2026
- Legal form
- Private limited company
- Active since
- 27 February 2003
Purpose, financial year and meetings according to the articles of association
Name, seat, purpose and duration
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- 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, bestuursorgaan mag administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland…”
General meeting and financial year
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 20:00
Articles of association, deed of 06-07-2023 (in Dutch)
Recognitions · licences · registrations
Dual-learning approval
1 endedWinkelbediende (so)
Sites & property
Location
Buildings and parcels at the address
Ground area
582 m²
Building footprint
131 m²
Building volume
689 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 35322C0310/00G002 | Flanders | 582 m² | 1 · 131 m² | 8.8 m · 2 |