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BORSELLINO

Active
Public limited companyfounded 1968active for 58 yearsOoststraat 87, 8800 Roeselare, BelgiumKBO/BCE: BE 0406.343.490
Summary

BORSELLINO has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,564 and a net result of -€32,067. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 27% of 12,404 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Retail trade
NACE 47722
1 site
Size
€242,713total assets 2025
Staff
2 FTE
Equity
€40,564
Loss
-€32,067
Turnover not published (abbreviated or micro format)
Financial health
64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Accounts 31 days early0 of 5 deeds read
Why 64raises riskSector: Retail trade (NACE 47)Loss of €32,067, the second in a row (financial year 2025)Liquidity: current ratio 1.22, cash €2,516lowers riskSize: total assets €242,713Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 17% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Weak
Solvency 42-8
equity 16.7% of total assets
Liquidity 10-6
short-term debt 75.6% · cash 1.0%
Profitability 2-2
return on assets -13.2%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,189 companies, NACE 47, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024lowest value 02-2025: 0.6%● unchanged vs 01-2025lowest value 03-2025: 0.6%● unchanged vs 02-2025lowest value 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.0%▲ +0.2 percentage points vs 07-2025 09-2025: 1.0%● unchanged vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.1%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026highest value 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.0%▼ -0.1 percentage points vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.22, compared with 1.35 in 2024, below the usual 1.5; short-term debt: 75.6% and cash: 1% of total assets), and 83.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 33% on solvency, 11% on liquidity, 13% on profitability and 12% on growth.

The bankruptcy probability was computed on 13-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €242,713
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Loss of €32,067, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.22, cash €2,516
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€32,067
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
34 days early
2023
21 days early
2022
20 days early
2021
16 days early
2020
25 days early
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 25 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€32,067 View
  • Caution: Among the weakest 11% on net resultsector median €28,321 · 12,392 companies -€32,067 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Active since 1968founded 01-07-1968 58 years View

By topic

Financials

Financial year
2025
Total assets
€242,713
Loss
-€32,067
Solvency
16.7%
Total assets▼ 15.5%
Net result
20182025
Go to Financials

Timeline

Events
50
Since
1978
Next accounts
by 31-07-2027
  1. 11-07-2023Annual accounts filed
  2. 31-12-2022Highest result from 2018 to 2025
  3. 15-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail tradeNACE 47722
Founded
01-07-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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