Summary
BORSACO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €479,184 and a net result of -€4,143. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 94% of 6,570 sector peers (NACE 64, financial year 2025). The company has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial
Liquidity doublescurrent ratio 25.92
Current ratio from 12.86 to 25.92; short-term debt falls from €13,400 to €7,937.
10-06
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format
2024
11-06
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
2023
31-12
Financial
Back to profitnet €4,458
Net result €4,458 after one loss-making year.
31-12
Financial
Liquidity more than doubledcurrent ratio 14.70
Current ratio from 6.33 to 14.70; short-term debt falls from €30,322 to €11,027.
06-06
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
2022
31-12
Financial
Weakest financial yearnet -€32,411
Net result drops to -€32,411, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
2021
31-12
Financial
Highest result from 2018 to 2025net €334,221 ▲3,056%
Operating result €491,944, net result €334,221, both a record.
31-12
Financial
Liquidity more than 14 timescurrent ratio 3.33
Current ratio from 0.22 to 3.33; short-term debt falls from €144,862 to €66,796.
31-12
Financial
Equity above €500,000equity €522,896 ▲177%
2 profitable years in a row build equity to €522,896.
Show earlier events
11-06
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
31-12
Financial
Back to profitnet €10,589
Net result €10,589 after 2 loss-making years.
15-06
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2019
04-06
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2018
19-06
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
16-06
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 42 annual accounts filed, the latest 10 are here; all 42 are at the National Bank.
0 of 3 deeds read
About the unread acts
We know of 3 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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