Equity
€135,972 ▲ 27.1%
GROUP BORGES has made a profit in every financial year since 2020.
GROUP BORGES
Lifetime
6 annual accounts with figures on one time axispeak €41,478 (2025)
€41,478▲ 12.2%
peak €29,023 (2025)
€29,023▲ 9.3%
peak €135,972 (2025)
€135,972▲ 27.1%
€32,234▲ 102%
Board1 name since 2020
1 director
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €36,953 to €41,478Equity from €106,948 to €135,972Debts from €15,944 to €32,234Cash from €11,505 to €37,895
Key points
from the 2025 annual accountsFilings
6 annual accounts 6 late
The 2021 accounts came latest: 75 days after the end of the period.
Position in the sector
80.8%
Higher solvency than 86% of companies in specialised construction. Sector median 46.7% · 35,156 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as GROUP BORGES has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,972 companies, not a prediction for GROUP BORGES. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0753870637
First establishment
Vilvoordsesteenweg 80, Brussels
Incorporation
Founding capital of €2,000, 1,000 shares · Founder: · Appointment: (director) · published on 11-09-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GROUP BORGES Brussels | €168,205 | €41,478 | 80.8% | - |
| M.I.C. THERMIQUE Fléron | €192,795 | €44,042 | 38.1% | - |
| Pallaume Oudenaarde | €181,417 | €37,782 | 38.4% | - |
| DERMAUT GREGORY Ostend | €162,986 | €35,997 | 44.8% | - |
| IDC RENOV Ganshoren | €151,024 | €27,308 | 54.3% | - |
| HOME RENOVATION Sint-Pieters-Leeuw | €210,908 | €42,782 | 86.4% | - |
| ZERO HUMIDITE Liège | €140,636 | €38,666 | 21.2% | - |
These companies have the same main activity as GROUP BORGES: insulation installation (NACE 43230). They are comparable in size and age: total assets between €141,000 and €211,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 09-09-2020Normal situation
- Registered office
- 16 active companies are registered at this addressSource: KBO register, as of 11 November 2026.
- Activity
- Insulation installationNACE 43230and 3 others
- Establishment unit
- 2.354.812.6791120 Brussels, since 15-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2025
Insights on GROUP BORGES
GROUP BORGES files the micro format. That format states no turnover. The gross margin rose from €21,696 in 2020 to €41,478 in 2025.
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 GROUP BORGES
- What is the company number of GROUP BORGES?
- The company number of GROUP BORGES is 0753.870.637. The VAT number is the same number with BE in front: BE 0753.870.637.
- Where is GROUP BORGES based?
- The registered office is at Vilvoordsesteenweg 80, 1120 Brussels.Company details
- What does GROUP BORGES do?
- According to the KBO register, the main activity is insulation installation (NACE 43230).
- What is the legal form of GROUP BORGES?
- GROUP BORGES is a private limited company (BV).
- When was GROUP BORGES founded?
- GROUP BORGES was founded on 09-09-2020.
- Is GROUP BORGES still active?
- Yes, GROUP BORGES is an active enterprise in the KBO register.
- What is the turnover of GROUP BORGES?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €41,478 and 119 comparable companies (NACE 432). It probably lies between €150,000 and €300,000.Financials
- Is GROUP BORGES profitable?
- In financial year 2025, GROUP BORGES made a profit of €29,023.
- Where can I find the annual accounts of GROUP BORGES?
- GROUP BORGES filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GROUP BORGES due?
- GROUP BORGES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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