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VAN DER BORGHT

Active
Public limited companyfounded 199432 yrs activeTesteltsesteenweg 114, 3201 Aarschot, BelgiumKBO/BCE: BE 0451.881.626

VAN DER BORGHT has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €267k and a net result of €-26k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 84% of 9980 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
52 / 100
Fair▼ -34 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-44
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.98 against 3.77 in 2023), and 24.4% 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+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
75.6%
Return on assets
-7.3%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
3 d early
2023
29 d late
2022
38 d early
2021
3 d early
2020
3 d early
2019
3 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€267k▼ 12.4%
2023 · €305k
2018: €152k 2019: €152k 2020: €149k 2021: €181k 2022: €279k 2023: €305k
2018 → 2024
Total assets
€354k▼ 14.7%
2023 · €415k
2018: €445k 2019: €445k 2020: €297k 2021: €291k 2022: €471k 2023: €415k
2018 → 2024
Net result
€-26k
2023 · €27k
2018: €68k 2019: €68k 2020: €-36k 2021: €32k 2022: €98k 2023: €27k
2018 → 2024
Working capital
€222k▼ 11.9%
2023 · €252k
2018: €108k 2019: €137k 2020: €123k 2021: €165k 2022: €263k 2023: €252k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€149k-€181k▲ 21.7%€279k▲ 54.1%€305k▲ 9.5%€267k▼ 12.4%
Operating result€40k-€56k▲ 40.5%€138k▲ 145%€36k▼ 74.3%€-27k
Net result€-36k-€32k€98k▲ 203%€27k▼ 72.8%€-26k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150kOperating result 2020: €40k€40kNet result 2020: €-36k€-36kOperating result 2021: €56k€56kNet result 2021: €32k€32kOperating result 2022: €138k€138kNet result 2022: €98k€98kOperating result 2023: €36k€36kNet result 2023: €27k€27kOperating result 2024: €-27k€-27kNet result 2024: €-26k€-26k20202021202220232024
The operating result turns negative in 2024: a loss of €27k after €36k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €354k
Fixed assets €58k▼ 20.2%
Current assets €296k▼ 13.6%
Equity and liabilities €354k
Equity €267k▼ 12.4%
Debt €86k▼ 21.1%
The debt ratio falls from 26.4% to 24.4%: debt falls faster than equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-10k
2023 · €52k
Cash flow
€-9k
2023 · €43k
Solvency
75.6%
2023 · 73.6%
Current ratio
3.98
2023 · 3.77
Quick ratio
2.60
2023 · 2.67
Debt / equity
0.32
2023 · 0.36
ROE
-9.6%
2023 · 8.7%
ROA
-7.3%
2023 · 6.4%
Interest coverage
-8.08
2023 · 60.98
Debt
€86k
2023 · €109k
Debt ≤ 1 year
€74k
2023 · €91k
Debt > 1 year
€12k
2023 · €18k
Income taxes
€-502
2023 · €11k
Staff costs
€31k
2023 · €48k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€415k€354k
Fixed assets21/28€73k€58k
Tangible fixed assets22/27€73k€58k
Plant, machinery and equipment23€12k€8k
Furniture and vehicles24€60k€48k
Other tangible fixed assets26-€2k
Current assets29/58€342k€296k
Amounts receivable after more than one year29€20k€20k=
Other amounts receivable291€20k€20k=
Stocks and contracts in progress3€100k€103k
Stocks30/36€12k€23k
Contracts in progress37€88k€80k
Amounts receivable within one year40/41€83k€85k
Trade receivables40€16k€21k
Other amounts receivable41€67k€64k
Cash at bank and in hand54/58€140k€88k
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€415k€354k
Equity10/15€305k€267k
Contributions10/11€78k€78k=
Capital10€78k€78k=
Issued capital100€78k€78k=
Reserves13€227k€215k
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Distributable reserves133€219k€207k
Profit (loss) carried forward14€146€-26k
Amounts payable17/49€109k€86k
Amounts payable after more than one year17€18k€12k
Financial debts170/4€18k€12k
Amounts payable within one year42/48€91k€74k
Current portion of amounts payable after more than one year42€12k€6k
Trade debts44€76k€55k
Suppliers440/4€76k€55k
Taxes, remuneration and social security45€3k€13k
Taxes450/3€3k€11k
Remuneration and social security454/9-€2k
Accrued charges and deferred income492/3€238€0
Income statement Code20232024
Remuneration, social security and pensions62€48k€31k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k
Other operating charges640/8€2k€1k
Gross operating margin9900€102k€23k
Operating profit (loss)9901€36k€-27k
Financial income75/76B€3k€2k
Recurring financial income75€3k€2k
Financial charges65/66B€850€1k
Recurring financial charges65€850€1k
Profit (loss) for the period before taxes9903€38k€-26k
Income taxes67/77€11k€-502
Profit (loss) for the period9904€27k€-26k
Profit (loss) for the period to be appropriated9905€27k€-26k
Appropriation of the result
Profit (loss) to be appropriated9906€27k€-26k
Profit (loss) brought forward from the previous period14P€64€146
Transfer from equity791/2-€12k
Transfer to equity691/2€27k€0
To other reserves6921€27k€0
Profit to be distributed694/7-€12k
Return on contributions (dividend)694-€12k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
28-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €98k ▲203%
Operating result €138k, net result €98k, both a record.
31-12
Financial Equity above €200kEq €279k ▲54.1%
2 profitable years in a row build equity to €279k.
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €32k
Net result €32k after one loss-making year.
31-12
Financial Equity above €150kEq €181k ▲21.7%
Equity rises from €149k to €181k.
28-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €-36k ▼154%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
03-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 3 days late
2019
11-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Aarschot · 1 establishment unit since 1994
establishment The establishment unit on the map
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.

Testeltsesteenweg 1143201 Aarschot
Ground area
2,874 m²
Building footprint
254 m²
Volume, LiDAR
1,342 m³
Parcel 24652D0473/00H000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAN DER BORGHT NV
Testeltsesteenweg 114, 3201 AarschotNACE 4520002
since 19942.066.217.487
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24652D0473/00H000 Flanders 2,874 m² 1 · 254 m² 8.8 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.

Similar companies · same sector, comparable size

Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 11,196 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded07-02-1994
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

4 entries
Enterprise
E-mail:katarine@vanderborght.be
Enterprise
Phone:+32 16 56 61
Enterprise
Fax:+32 16 56 61 47
Enterprise