Financials
- Fiscal year
- 2025
- Total assets
- €1.0m
- Profit
- €32,602
- Solvency
- -3.6%
Total assets▼ 2.0%
Net result
20202025
Bornival
ActiveSummary
Bornival has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€36,065) and a net result of €32,602. Equity is growing by ~22.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
What they do
Activity not known1 site
How big
€1.0mtotal assets 2025
- Equity
- -€36,065
- Profit
- €32,602
Turnover not published (abridged schema)
Who decides
- Parent
- JCMK Management · 100%
Accounts filed 24 d late0 of 3 deeds read
Why 55Capped at 59: negative equity- Negative equity -€36,065+ Size: total assets €1.0m+ No main activity registered+ Figures for FY 2025 (filed 24-08-2026)Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 50% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency
21+3
equity -3.6% of total assets
Liquidity
56+4
short-term debt 7.5% · cash 4.4%
Profitability
69-7
return on assets 3.3%
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).
Last 3 months
08-2026: 2.0%highest value
09-2026: 0.2%▼ -89.3% vs 08-2026lowest value
10-2026: 0.2%● 0.0% vs 09-2026lowest value
- Size: total assets €1.0m lowers the probability for this profile
- Negative equity -€36,065 raises the probability
- No main activity registered lowers the probability
- Figures for FY 2025 (filed 24-08-2026) lowers the probability
No credit on open account
Liquidity short (current ratio 0.98 against 0.45 in 2024; short-term debt: 7.5% and cash: 4.4% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 14%, liquidity 51%, profitability 48%, growth against the median 86%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
24 d late
2024
28 d early
2023
76 d early
2022
45 d early
2021
18 d late
2020
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 15 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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. Usually files around 3 July (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2020net €56,677 ▲79.4%
Key points
By topic
Board & ownership
- Parent
- JCMK Management · 100%
Timeline
- Events
- 9
- Since
- 2021
- Next accounts
- by 31-07-2027
- 24-08-2026Annual accounts filed
- 03-07-2025Annual accounts filed
- 31-12-2024Highest result since 2020
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 23-01-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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