LA BORGUEUSE HE
The computed 12-month bankruptcy probability of LA BORGUEUSE HE is 2.6% (moderate). The 2024 annual accounts show equity of €536k and a net result of €-16k. Equity is shrinking by ~3% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €536k |
| Net result | €-16k |
| Active | 5 yrs |
| Board | 2 |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €239 |
| Net profit | €-16k |
| Cash flow | €3k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €765k |
| Equity | €536k |
| Debt | €229k |
| of which ≤ 1y | €229k |
| of which > 1y | - |
| Working capital | €118k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.51 |
| Quick ratio | 1.51 |
| Working capital ratio | 15.4% |
| Solvency | 70.0% |
| Debt / equity | 0.43 |
| Long-term debt ratio | - |
| Interest coverage | 1.32 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.1% |
| ROE | -3.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €765k |
| Fixed assets | 21/28 | €417k |
| Formation expenses | 20 | €508 |
| Tangible fixed assets | 22/27 | €417k |
| Current assets | 29/58 | €347k |
| Amounts receivable within one year | 40/41 | €19k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €765k |
| Equity | 10/15 | €536k |
| Contributions / capital | 10/11 | €620k |
| Accumulated profits (losses) | 14 | €-84k |
| Amounts payable | 17/49 | €229k |
| Amounts payable within one year | 42/48 | €229k |
| Income statement | ||
| Gross operating margin | 9900 | €11k |
| Operating result | 9901 | €-19k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €181 |
| Result before taxes | 9903 | €-16k |
| Net result for the period | 9904 | €-16k |
| Result to be appropriated | 9905 | €-16k |
-
Current16-10-2024 → present
-
Current13-06-2023 → present
Permanent representatives (1)
-
Permanent representative14-06-2022 → present
2 events
- 10-06-2025 Appointed· Permanent representative
- 14-06-2022 Appointed· Permanent representative
Former directors (1)
-
Former- → 13-06-2023
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 04-09-2020 |
| Status | Active |
| Postal code | 4960 |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-11-2025 HORN Michel appointed as permanent representative
- HORN Michel, Vaste vertegenwoordiger
Technical details
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}24-10-2024 BODARWE Michel appointed as director
- BODARWE Michel, Bestuurder
Technical details
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}24-01-2024 1 director appointed, 1 resigning
- LEMAIRE Vincent, Bestuurder
- MESTDAGH Frank, Bestuurder
Technical details
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"effective_date": "2023-06-13",
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}27-12-2022 Michel HORN appointed as permanent representative
- Michel HORN, Vaste vertegenwoordiger
Technical details
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"effective_date": "2022-06-14",
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}08-09-2020 Incorporation of a new SNC
Technical details
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"initial_directors": [],
"incorporation_date": "2020-08-29",
"post_incorporation_mandates": []
}| Legal nameFR | LA BORGUEUSE HE |