Active BE 0677.481.850Private foundation

Stichting Alfons Borginon

Filip Williotstraat 30 ·2600 Antwerpen, Belgium· 9 yrs active

Conclusion Checked

The computed 12-month bankruptcy probability of Stichting Alfons Borginon is 0.1% (very low). The 2022 annual accounts show equity of €1.75M and a net result of €-36k. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€1.75M
Net result	€-36k
Active	9 yrs
Publications	1

Financial profile 4 of 5 axes measured · computed by Checked

63 / 100

Strong profile, led by solvency.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 68

Profitability 0

Solvency 100

Growth -

Stability 85

Bankruptcy probability (12 mo) Checked model v1 · free

0.1% Very low

0%0,5%1,5%4%10%≥25%

Lower-risk legal form −No NACE activity registered +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2017, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2022 · computed

68 / 100 Healthy

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 05-04-2023 with the NBB · fiscal year 2022 · micro

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	micro
Revenue	-
EBITDA	€3k
Net profit	€-36k
Cash flow	€-5k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€1.76M
Equity	€1.75M
Debt	€17k
of which ≤ 1y	€13k
of which > 1y	-
Working capital	€436k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	34.61
Quick ratio	34.61
Working capital ratio	24.7%
Solvency	99.0%
Debt / equity	0.01
Long-term debt ratio	-
Interest coverage	1.99
Gross margin	-
Net margin	-
ROA	-2.0%
ROE	-2.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €1.31M · 74.6% Current assets €448k · 25.4%

Equity & liabilities

Equity €1.75M · 99.0% Debt €17k · 1.0%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.76M
Fixed assets	21/28	€1.31M
Intangible fixed assets	21	€0
Tangible fixed assets	22/27	€1.31M
Current assets	29/58	€448k
Amounts receivable within one year	40/41	€7k
Investments	50/53	€338k
Cash & bank	54/58	€103k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.76M
Equity	10/15	€1.75M
Contributions / capital	10/11	€716k
Reserves	13	€1.07M
Accumulated profits (losses)	14	€-40k
Amounts payable	17/49	€17k
Amounts payable within one year	42/48	€13k
Trade debts payable within one year	44	€5k
Income statement
Gross operating margin	9900	€12k
Operating result	9901	€-28k
Financial income	75	€84
Financial charges	65	€2k
Result before taxes	9903	€-36k
Net result for the period	9904	€-36k
Result to be appropriated	9905	€-36k

Ratios computed by Checked.

Legal Structure

NACE primary	-
Legal form	Private foundation(026)
Incorporation	22-06-2017
Status	Active
Postal code	2600

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11003A0189/00Z000	Flanders	2,473 m²	1 · 530 m²	-

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

12-06-2023

State Gazette act Director changes

05-04-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 3 years ago

2023

12-06-2023 3 reappointed Director changes

Karel Everaet, Bestuurder
Michael Mohr, Bestuurder
Alfons Borginon, Bestuurder

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Karel Everaet",
        "address": "1730 Asse, Hoogstraat 7",
        "birth_date": "1965-10-23",
        "profession": null,
        "birth_place": "Asse"
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2023-06-22",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "6"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Michael Mohr",
        "address": "2531 Vremde (Boechout), Lazerijstraat 12",
        "birth_date": "1956-07-15",
        "profession": null,
        "birth_place": "Fuhlsb\u00FCttel-Hamburg (Duitsland)"
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2023-06-22",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "6"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Alfons Borginon",
        "address": "2600 Berchem (Antwerpen), Veldekens 6",
        "birth_date": "1966-07-12",
        "profession": null,
        "birth_place": "Lier"
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2023-06-22",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "6"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Antwerpen",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2023-05-30",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "stichters",
      "date": "2023-01-16",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0677.481.850",
    "name_full": "STICHTING ALFONS BORGINON",
    "legal_form": "private stichting",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Fons Borginon",
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Names & trade names

Legal nameNL

Stichting Alfons Borginon

Registered office

Filip Williotstraat 30 bus 102

2600 Antwerpen, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.