VAN DEN BORG
ActiveVAN DEN BORG has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €454k and a net result of €45k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 90% of 7740 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-11
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 11.06 against 13.54 in 2024; short-term debt: 9% and cash: 13% of total assets), and 9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91%
Return on assets
9%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
43 d early
2023
18 d early
2022
23 d early
2021
30 d early
2020
36 d early
2019
13 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€454k▲ 2.1%
2024 · €445k
2018: €192k
2019: €249k
2020: €291k
2021: €379k
2022: €299k
2023: €360k
2024: €445k
2018 → 2025
Total assets
€498k▲ 3.9%
2024 · €480k
2018: €226k
2019: €439k
2020: €862k
2021: €396k
2022: €340k
2023: €453k
2024: €480k
2018 → 2025
Net result
€45k▼ 47.3%
2024 · €85k
2018: €-21k
2019: €57k
2020: €41k
2021: €136k
2022: €37k
2023: €96k
2024: €85k
2018 → 2025
Working capital
€450k▲ 2.4%
2024 · €439k
2018: €161k
2019: €247k
2020: €287k
2021: €374k
2022: €288k
2023: €357k
2024: €439k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€379k-€299k▼ 21.1%€360k▲ 20.3%€445k▲ 23.6%€454k▲ 2.1%
Operating result€191k-€50k▼ 73.9%€137k▲ 174%€107k▼ 21.9%€50k▼ 53.5%
Net result€136k-€37k▼ 73.1%€96k▲ 163%€85k▼ 12.0%€45k▼ 47.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 54% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €498k
Fixed assets
€4k▼ 27.1%
Current assets
€495k▲ 4.3%
Equity and liabilities €498k
Equity
€454k▲ 2.1%
Debt
€45k▲ 27.6%
The debt ratio rises from 7.3% to 9.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€51k▼
2024 · €109k
Cash flow
€46k▼
2024 · €87k
Solvency
91.0%▼
2024 · 92.7%
Current ratio
11.06▼
2024 · 13.54
Quick ratio
11.06▼
2024 · 13.54
Debt / equity
0.10▲
2024 · 0.08
ROE
9.8%▼
2024 · 19.1%
ROA
9.0%▼
2024 · 17.7%
Interest coverage
26.00▼
2024 · 48.81
Debt
€45k▲
2024 · €35k
Debt ≤ 1 year
€45k▲
2024 · €35k
Income taxes
€20k▼
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€480k€498k▲
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€3k€1k▼
Plant, machinery and equipment23€1k€833▼
Furniture and vehicles24€2k€530▼
Financial fixed assets28€2k€2k=
Current assets29/58€474k€495k▲
Amounts receivable after more than one year29€213k€226k▲
Other amounts receivable291€213k€226k▲
Amounts receivable within one year40/41€111k€201k▲
Trade receivables40€20k€13k▼
Other amounts receivable41€91k€188k▲
Cash at bank and in hand54/58€147k€65k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€480k€498k▲
Equity10/15€445k€454k▲
Contributions10/11€12k€12k=
Reserves13€432k€441k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€430k€439k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€35k€45k▲
Amounts payable within one year42/48€35k€45k▲
Financial debts43€207€380▲
Credit institutions430/8€207€380▲
Trade debts44€5k€16k▲
Suppliers440/4€5k€16k▲
Taxes, remuneration and social security45€15k€6k▼
Taxes450/3€15k€6k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€15k€22k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€112k€54k▼
Operating profit (loss)9901€107k€50k▼
Financial income75/76B€17k€17k▲
Recurring financial income75€17k€17k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€122k€65k▼
Income taxes67/77€37k€20k▼
Profit (loss) for the period9904€85k€45k▼
Profit (loss) for the period to be appropriated9905€85k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€85k€45k▼
Transfer from equity791/2€0€36k▲
Transfer to equity691/2€85k€45k▼
To other reserves6921€85k€45k▼
Profit to be distributed694/7€0€36k▲
Return on contributions (dividend)694€0€36k▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Liquidity triplescurrent ratio 13.54
Current ratio from 4.83 to 13.54; short-term debt falls from €93k to €35k.
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €136k ▲229%
Operating result €191k, net result €136k, both a record.
30-09
Financial
Liquidity times 15current ratio 22.62
Current ratio from 1.50 to 22.62; short-term debt falls from €571k to €17k.
25-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €57k
Net result €57k after one loss-making year.
30-09
Financial
Equity above €200kEq €249k ▲29.6%
Equity rises from €192k to €249k.
12-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Boechout · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Appelkantstraat 1102530 BoechoutGround area
1,883 m²
Building footprint
302 m²
Volume, LiDAR
1,700 m³
Parcel 11004D0294/02F000, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Appelkantstraat 110, 2530 Boechout
since 20112.203.088.942
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11004D0294/02F000 | Flanders | 1,883 m² | 1 · 302 m² | 11.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 6,015 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-2011
Fiscal year end30-09
Activities, NACEBEL
82990Other business support services
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.