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Borms

Active Private limited companyfounded 2024active for 2 yearsHeidebeekstraat 21, 1860 MeiseKBO/BCE: BE 1012.404.044

Lifetime

2 annual accounts with figures on one time axis
peak €95,341 (2025)
€95,341▲ 59×
lowest -€4,215 (2024)
€50,278▲ €54,493
peak €48,064 (2025)
€48,064▲ €50,278
€207,702▲ 17.9%
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €1,628 to €95,341Back to profit: €50,278Appointment: (director) 04-09Equity from -€2,215 to €48,064Debts from €176,113 to €207,702Investments €62,937

Key points

from the 2025 annual accounts

Result

€50,278 €50,278
-€4,2102024€50,3002025

Back in profit in 2025, after a loss of €4,215 in 2024.

Turnover

≈ €330,000 estimated

The micro format states no turnover.

Debts

€207,702 81% of the balance sheet
Financial debts 71%Suppliers 3%Taxes and wages 14%Other 13%

Of this, €60,869 falls due within a year.

Investments

€57,937 2.2 × depreciation
20242025

Green is investment, beige is depreciation.

Position in the sector

€50,278

Higher net result than 90% of companies in land transport. Sector median €5,535 · 6,571 companies.

2025 accounts filed 30 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 7,974 companies had the same profile as Borms has now. Each dot stands for 20 companies, two years later.

94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.3% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 7,974 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 12-08-2024
Director, since 26-08-2025
  • 90 sharesdeed of 23-02-2026
Board & ownership

Recent changes

Capital increase · Amendment of the articles 90 new shares · General meeting of 17-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:1012404044
Appointment: (director) General meeting of 26-08-2025 · Gazette deed
Incorporation Founding capital of €2,000, 100 shares · Founders: and · Appointment: (director) · published on 14-08-2024 · Gazette deed
All 8 events

Comparable companies

same main activity, similar in size and age
Company
Borms Meise €255,765 €95,341 18.8% -
LBT Technics Meise €223,031 €90,234 55.6% -
SKALL LOGISTICS Evere €253,899 €102,122 0.6% -
Transport Loontjens Ypres €230,441 €94,228 30.4% -
Bierens Transport Ravels €236,694 €89,807 12.8% -
Goederenvervoer Lennert Mertens Mol €296,069 €96,352 19.3% -
Transport Decroix Poperinge €233,667 €106,291 30.3% -

These companies have the same main activity as Borms: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €223,000 and €296,000, founded in 2024.

Official details

Source: KBO
Status
Active since 12-08-2024Normal situation
Activity
Freight transport by roadNACE 49410
Establishment unit
2.362.795.4821860 Meise, since 12-08-2024
Financial year end
31 December
Peppol
Reachable since 11-12-2025
Company details

Annual accounts 2025

€255,765▲ 47.1%
Filing
Filed on 30-08-2026
Financials

Insights on Borms

The 2025 annual accounts show equity of €48,064 and a net result of €50,278. Its solvency ranks better than 30% of 6,602 sector peers (NACE 49, 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. 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 1012.404.044. The VAT number is the same number with BE in front: BE 1012.404.044.
Where is Borms based?
The registered office is at Heidebeekstraat 21, 1860 Meise.Company details
What does Borms do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of Borms?
Borms is a private limited company (BV).
When was Borms founded?
Borms was founded on 12-08-2024.
Is Borms still active?
Yes, Borms is an active enterprise in the KBO register.
What is the turnover of Borms?
The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €95,341 and 47 comparable companies (NACE 49410). It probably lies between €260,000 and €410,000.Financials
Is Borms profitable?
In financial year 2025, Borms made a profit of €50,278.
Where can I find the annual accounts of Borms?
Borms filed 2 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 31-07-2027.Timeline

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