BORRE TECHNICS
ActiveBORRE TECHNICS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44k and a net result of €6k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 70% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+9
Solvency91▼-9
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 2.4 in 2024; short-term debt: 34.1% and cash: 19.2% of total assets), and 34.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.9%
Return on assets
8.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
22 d early
2024
29 d early
2023
7 d early
2022
6 d early
2021
30 d early
2020
29 d early
2019
277 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▲ 14.7%
2024 · €38k
2018: €19k
2019: €26k
2020: €30k
2021: €33k
2022: €40k
2023: €38k
2024: €38k
2018 → 2025
Total assets
€66k▲ 30.8%
2024 · €51k
2018: €24k
2019: €33k
2020: €60k
2021: €71k
2022: €57k
2023: €55k
2024: €51k
2018 → 2025
Net result
€6k▲ 827%
2024 · €607
2018: €7k
2019: €7k
2020: €3k
2021: €4k
2022: €838
2023: €-3k
2024: €607
2018 → 2025
Working capital
€14k▼ 22.2%
2024 · €18k
2018: €13k
2019: €17k
2020: €5k
2021: €-6k
2022: €9k
2023: €7k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€40k▲ 20.9%€38k▼ 7.0%€38k▲ 1.6%€44k▲ 14.7%
Operating result€4k-€2k▼ 63.5%€-2k€1k€8k▲ 530%
Net result€4k-€838▼ 77.6%€-3k€607€6k▲ 827%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 530% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets
€30k▲ 46.5%
Current assets
€36k▲ 20.1%
Equity and liabilities €66k
Equity
€44k▲ 14.7%
Debt
€23k▲ 79.2%
The debt ratio rises from 24.9% to 34.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15k▲
2024 · €11k
Cash flow
€13k▲
2024 · €10k
Solvency
65.9%▼
2024 · 75.1%
Current ratio
1.61▼
2024 · 2.40
Quick ratio
1.49▼
2024 · 1.92
Debt / equity
0.52▲
2024 · 0.33
ROE
12.9%▲
2024 · 1.6%
ROA
8.5%▲
2024 · 1.2%
Interest coverage
27.92▲
2024 · 16.32
Debt
€23k▲
2024 · €13k
Debt ≤ 1 year
€23k▲
2024 · €13k
Income taxes
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€51k€66k▲
Fixed assets21/28€21k€30k▲
Tangible fixed assets22/27€21k€30k▲
Land and buildings22€12k€10k▼
Plant, machinery and equipment23€7k€19k▲
Furniture and vehicles24€1k€440▼
Current assets29/58€30k€36k▲
Stocks and contracts in progress3€6k€3k▼
Stocks30/36€6k€3k▼
Amounts receivable within one year40/41€9k€19k▲
Trade receivables40€3k€18k▲
Other amounts receivable41€6k€2k▼
Cash at bank and in hand54/58€14k€13k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€51k€66k▲
Equity10/15€38k€44k▲
Contributions10/11€19k€19k=
Reserves13€20k€25k▲
Distributable reserves133€20k€25k▲
Amounts payable17/49€13k€23k▲
Amounts payable within one year42/48€13k€23k▲
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€11k€16k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Other operating charges640/8€876€840▼
Gross operating margin9900€12k€16k▲
Operating profit (loss)9901€1k€8k▲
Financial income75/76B€69€53▼
Recurring financial income75€69€53▼
Financial charges65/66B€678€542▼
Recurring financial charges65€678€542▼
Profit (loss) for the period before taxes9903€607€7k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€607€6k▲
Profit (loss) for the period to be appropriated9905€607€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€607€6k▲
Transfer to equity691/2€607€6k▲
To other reserves6921€607€6k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €607
Net result €607 after one loss-making year.
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-3k ▼439%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
01-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 277 days late
2019
30-09
Financial
Highest result since 2018net €7k ▲2.1%
Net result €7k, the highest in the series.
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bekkevoort · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rijnrode 673460 BekkevoortGround area
1,524 m²
Building footprint
242 m²
Volume, LiDAR
1,015 m³
Parcel 24002H0095/00K000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rijnrode 67, 3460 Bekkevoort
since 20172.260.752.670
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24002H0095/00K000 | Flanders | 1,524 m² | 1 · 242 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,662 EUR awarded · 1,662 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 544 EUR | 544 EUR |
| 2023 | 1 | 477 EUR | 477 EUR |
| 2022 | 1 | 641 EUR | 641 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
PASCAL DEFERME
BE 0841.195.183
Heusden-Zolder · Eq €44k
EGS TECHNIC
BE 0742.981.990
Ganshoren · Eq €44k
Belgian Innovation Group
BE 0471.668.042
Bekkevoort · Eq €43k
SAN-CV-SOLAR HOORNAERT
BE 0757.523.577
Harelbeke · Eq €44k
Electrical Panel Service
BE 1013.264.077
Balen · Eq €43k
Of 1,123 companies in sector 43212 we hold annual accounts for 420. 348 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2016
Fiscal year end30-09
Activities, NACEBEL
43212Electrical installation work in industrial facilities
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.