Equity
€2.7m ▲ 0.6%
BORMS has made a profit in every financial year since 2007.
BORMS
Lifetime
19 annual accounts with figures on one time axis, 35 filings since 1991peak €264,441 (2022)
€239,978▲ 51.5%
peak €164,829 (2022)
€101,597▲ 31.3%
peak €2.7m (2025)
€2.7m▲ 0.6%
€2.2m▲ 132%
peak 0.5 FTE (2007)
-not published
Board3 names since 1996
3 directors and 2 others
Documentsfilings and deeds
31-03-202630 days before the deadline
2025abbreviated format
Gross margin from €158,438 to €239,978Result from €77,386 to €101,597Dividend €51,585Debts from €929,860 to €2.2mInvestments €1.1mCash from €633,253 to €876,033
Key points
from the 2025 annual accountsTurnover
≈ €1.2m estimated
The abbreviated format states no turnover.
Debts
€2.2m ▲ 132%
Debts rose by €1.2m in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€1.1m 13.0 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 44.1% higher than in 2024.
Filings
35 annual accounts since 1991
The last five annual accounts were filed 30 to 135 days before the end of the period.
Position in the sector
€2.7m
More equity than 90% of companies in wholesale trade. Sector median €493,293 · 10,732 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,769 companies had the same profile as BORMS has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,769 companies, not a prediction for BORMS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director,
Director
Director
- 1 sharedeed of 14-07-2023
- 1 sharedeed of 14-07-2023
- 73 sharesdeed of 14-07-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0439170171
Capital increase of €2,060,000 to €2,078,600
Capital from €18,600 to €2,078,600, 183 new shares · General meeting of 12-08-2024 · Gazette deed
Environmental permit granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Dendermonde
Amendment of the articles · Legal-form change · Resignations & appointments
Resignations: , and · Reappointments: , and · Permanent representative: · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BORMS Dendermonde | €4.8m | €239,978 | 55.1% | - |
| MARCHEM Lokeren | €4.1m | €244,918 | 48.1% | - |
| POLYMAR Brasschaat | €3.9m | €218,824 | 93.1% | 1.3 |
| Intermark Service Herentals | €2.8m | €220,279 | 10.7% | - |
| COPRABEL Wavre | €3.8m | €504,602 | 8.3% | 6.9 |
| ETABLISSEMENTS BADOT Thuin | €4.7m | €578,903 | 76.6% | 1 |
| STONE-HILL REAL ESTATE Saint-Vith | €4.0m | €99,077 | 37.3% | - |
These companies have the same main activity as BORMS: wholesale of industrial chemicals (NACE 46851). They are comparable in size and age: total assets between €2.8m and €4.7m, founded between 1983 and 1992.
Official details
Source: KBO- Status
- Active since 26-12-1989Normal situation
- Activity
- Wholesale of industrial chemicalsNACE 46851and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 30-09-2023
- Establishment unit
- 2.046.611.5129200 Dendermonde, since 18-01-1990
- Financial year end
- 30 September
- Peppol
- Reachable since 08-09-2025
Annual accounts to 30-09-2025
- €4.8m▲ 34.9%
- Filing
- Filed on 31-03-2026, 30 days before the end of the filing period
Insights on BORMS
BORMS files the abbreviated format. That format states no turnover. The gross margin rose from €157,118 in 2007 to €239,978 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BORMS
- What is the company number of BORMS?
- The company number of BORMS is 0439.170.171. The VAT number is the same number with BE in front: BE 0439.170.171.
- Where is BORMS based?
- The registered office is at Fabriekstraat 70, 9200 Dendermonde.Company details
- What does BORMS do?
- According to the KBO register, the main activity is wholesale of industrial chemicals (NACE 46851).
- What is the legal form of BORMS?
- BORMS is a private limited company (BV).
- When was BORMS founded?
- BORMS was founded on 26-12-1989.
- Is BORMS still active?
- Yes, BORMS is an active enterprise in the KBO register.
- How many employees does BORMS have?
- BORMS had an average of 0.4 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does BORMS fall under?
- In its 30-09-2023 annual accounts, BORMS states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of BORMS?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €239,978 and 102 comparable companies (NACE 46). It probably lies between €580,000 and €2.2m.
- Is BORMS profitable?
- In financial year 2025, BORMS made a profit of €101,597.
- Where can I find the annual accounts of BORMS?
- BORMS filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BORMS due?
- BORMS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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