Van der Borght
ActiveVan der Borght has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €293k and a net result of €-1k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▼-54
Solvency100▲+13
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
short-term debt: 0.6% and cash: 2.1% of total assets, and 0.6% 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 risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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 dateAge against the risk zone
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
99.4%
Return on assets
-0.4%
Age of the figures
12 mo
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
8 d early
2023
8 d early
2022
6 d early
2021
5 d early
2020
22 d early
2019
63 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
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€293k▼ 0.4%
2024 · €294k
2018: €180k
2019: €169k
2020: €175k
2021: €202k
2022: €215k
2023: €226k
2024: €294k
2018 → 2025
Total assets
€294k▼ 38.1%
2024 · €476k
2018: €242k
2019: €372k
2020: €551k
2021: €425k
2022: €449k
2023: €554k
2024: €476k
2018 → 2025
Net result
€-1k
2024 · €68k
2018: €25k
2019: €-18k
2020: €-7k
2021: €28k
2022: €13k
2023: €11k
2024: €68k
2018 → 2025
Working capital
€287k▼ 29.8%
2024 · €409k
2018: €225k
2019: €147k
2020: €89k
2021: €149k
2022: €191k
2023: €274k
2024: €409k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€202k-€215k▲ 6.2%€226k▲ 5.1%€294k▲ 30.1%€293k▼ 0.4%
Operating result€43k-€22k▼ 47.8%€21k▼ 7.3%€106k▲ 414%€6k▼ 94.7%
Net result€28k-€13k▼ 54.7%€11k▼ 12.8%€68k▲ 520%€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 95% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €294k
Fixed assets
€6k▼ 52.6%
Current assets
€289k▼ 37.8%
Equity and liabilities €294k
Equity
€293k▼ 0.4%
Debt
€2k▼ 99.0%
The debt ratio falls from 38.2% to 0.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€12k▼
2024 · €113k
Cash flow
€5k▼
2024 · €75k
Solvency
99.4%▲
2024 · 61.8%
Debt / equity
0.01▼
2024 · 0.62
ROE
-0.4%▼
2024 · 23.1%
ROA
-0.4%▼
2024 · 14.3%
Interest coverage
1.72▼
2024 · 9.84
Debt
€2k▼
2024 · €182k
Debt ≤ 1 year
€2k▼
2024 · €55k
Debt > 1 year
€0▼
2024 · €127k
Income taxes
€173▼
2024 · €39k
A ratio outside any meaningful range has been withheld (balance sheet total €294k, equity €293k).
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€476k€294k▼
Fixed assets21/28€12k€6k▼
Tangible fixed assets22/27€11k€6k▼
Plant, machinery and equipment23€11k€6k▼
Financial fixed assets28€700€0▼
Current assets29/58€464k€289k▼
Stocks and contracts in progress3€164k€0▼
Stocks30/36€164k€0▼
Amounts receivable within one year40/41€273k€281k▲
Trade receivables40€2k€2k▲
Other amounts receivable41€271k€279k▲
Cash at bank and in hand54/58€26k€6k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€476k€294k▼
Equity10/15€294k€293k▼
Contributions10/11€19k€19k=
Reserves13€58k€58k=
Distributable reserves133€58k€58k=
Profit (loss) carried forward14€217k€216k▼
Amounts payable17/49€182k€2k▼
Amounts payable after more than one year17€127k€0▼
Financial debts170/4€127k€0▼
Amounts payable within one year42/48€55k€2k▼
Current portion of amounts payable after more than one year42€24k€0▼
Trade debts44€15k€1k▼
Suppliers440/4€15k€1k▼
Taxes, remuneration and social security45-€573
Taxes450/3-€573
Other amounts payable47/48€16k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€550€576▲
Non-recurring operating charges66A€52€0▼
Gross operating margin9900€114k€13k▼
Operating profit (loss)9901€106k€6k▼
Financial income75/76B€2€261▲
Recurring financial income75€2€261▲
Financial charges65/66B€11k€7k▼
Recurring financial charges65€11k€7k▼
Profit (loss) for the period before taxes9903€95k€-1k▼
Transfer from deferred taxes780€13k€0▼
Income taxes67/77€39k€173▼
Profit (loss) for the period9904€68k€-1k▼
Transfer from tax-exempt reserves789€50k€0▼
Profit (loss) for the period to be appropriated9905€118k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€217k€216k▼
Profit (loss) brought forward from the previous period14P€100k€217k▲
The notes to these accounts (10 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity times 20current ratio 164.93
Current ratio from 8.37 to 164.93; short-term debt falls from €55k to €2k.
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €68k ▲520%
Operating result €106k, net result €68k, both a record.
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
30-09
Financial
Equity above €200kEq €202k ▲15.9%
Equity rises from €175k to €202k.
08-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-18k ▼170%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
14-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-02
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, Begijnendijk · 1 establishment unit since 1994
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.
Zandstraat 253130 BegijnendijkGround area
5,276 m²
Building footprint
257 m²
Volume, LiDAR
1,648 m³
Parcel 24007A0062/00L002, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAN DER BORGHT
since 19942.069.364.049
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24007A0062/00L002 | Flanders | 5,276 m² | 1 · 257 m² | 9.3 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
CORNELIS - GEES
BE 0478.390.637
Haaltert · Eq €293k
Piscines Label'O
BE 0669.500.532
Virton · Eq €292k
Pro Projects
BE 0600.974.584
Ledegem · Eq €292k
Montako
BE 0781.478.619
Antwerpen · Eq €292k
Oaze
BE 0821.376.697
Ranst · Eq €293k
Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 5,423 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-08-1994
Fiscal year end30-09
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.