Zakenkantoor Borghmans
ActiveSummary
Zakenkantoor Borghmans has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55k and a net result of €20k. Equity is growing by ~10.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability99▲+27
Solvency91▼-2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 6.06; short-term debt: 15.2% and cash: 52.8% of total assets), and 33.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
26 d early
2022
25 d late
2021
31 d late
2020
24 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€55k▲ 35.4%
2023 · €41k
2018: €35k
2019: €33k
2020: €44k
2021: €52k
2022: €65k
2023: €41k
2018 → 2024
Total assets
€83k▲ 40.0%
2023 · €59k
2018: €104k
2019: €90k
2020: €92k
2021: €91k
2022: €94k
2023: €59k
2018 → 2024
Net result
€20k▲ 1,088%
2023 · €2k
2018: €6k
2019: €-1k
2020: €10k
2021: €9k
2022: €13k
2023: €2k
2018 → 2024
Working capital
€64k▲ 31.0%
2023 · €49k
2018: €26k
2019: €64k
2020: €65k
2021: €79k
2022: €72k
2023: €49k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€44k-€52k▲ 19.7%€65k▲ 24.9%€41k▼ 37.7%€55k▲ 35.4%
Operating result€16k-€13k▼ 18.6%€19k▲ 42.4%€3k▼ 83.1%€29k▲ 819%
Net result€10k-€9k▼ 16.7%€13k▲ 51.4%€2k▼ 87.0%€20k▲ 1,088%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 819% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €83k
Fixed assets
€6k ▼ 37.1%
Current assets
€77k ▲ 55.6%
Equity and liabilities €83k
Equity
€55k ▲ 35.4%
Debt
€28k ▲ 50.0%
Debt's share of the balance-sheet total rises from 31.5% to 33.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▲
2023 · €8k
Cash flow
€24k▲
2023 · €6k
Current ratio
6.06
Debt to equity
0.51▲
2023 · 0.46
ROE
36.4%▲
2023 · 4.2%
ROA
24.1%▲
2023 · 2.8%
Interest coverage
82.20▲
2023 · 13.61
Debt ≤ 1 year
€13k▲
2023 · €418
Debt > 1 year
€15k▼
2023 · €18k
Income taxes
€9k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€59k€83k▲
Fixed assets21/28€10k€6k▼
Tangible fixed assets22/27€10k€6k▼
Furniture and vehicles24€10k€6k▼
Current assets29/58€49k€77k▲
Amounts receivable after more than one year29€15k€15k=
Other amounts receivable291€15k€15k=
Amounts receivable within one year40/41€15k€15k▲
Other amounts receivable41€15k€15k▲
Cash at bank and in hand54/58€16k€44k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€59k€83k▲
Equity10/15€41k€55k▲
Contributions10/11€2k€2k=
Reserves13€39k€53k▲
Distributable reserves133€39k€53k▲
Amounts payable17/49€19k€28k▲
Amounts payable after more than one year17€18k€15k▼
Financial debts170/4€18k€15k▼
Amounts payable within one year42/48€418€13k▲
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45-€7k
Taxes450/3-€6k
Remuneration and social security454/9-€542
Other amounts payable47/48€418-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€9k€34k▲
Operating profit (loss)9901€3k€29k▲
Financial income75/76B€1k€660▼
Recurring financial income75€1k€660▼
Financial charges65/66B€554€396▼
Recurring financial charges65€554€396▼
Profit (loss) for the period before taxes9903€4k€29k▲
Income taxes67/77€2k€9k▲
Profit (loss) for the period9904€2k€20k▲
Profit (loss) for the period to be appropriated9905€2k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€20k▲
Transfer from equity791/2€10k€6k▼
Transfer to equity691/2€2k€20k▲
To other reserves6921€2k€20k▲
Profit to be distributed694/7€10k€6k▼
Return on contributions (dividend)694€10k€6k▼
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
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €20k ▲1088%
Operating result €29k, net result €20k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 11current ratio 118.02
Current ratio from 10.81 to 118.02; short-term debt falls from €7k to €418.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-1k ▼123%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 50.55
Current ratio from 21.27 to 50.55.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
04-07
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
2 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, Puurs-Sint-Amands · 1 establishment unit since 2010
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.
Lippelodorp(LIP) 212890 Puurs-Sint-AmandsGround area
394 m²
Building footprint
214 m²
Volume, LiDAR
1,165 m³
Parcel 12023A0120/00L000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Zakenkantoor Borghmans
since 20102.188.600.112
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12023A0120/00L000 | Flanders | 394 m² | 1 · 214 m² | 10.1 m · 1 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2010
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0496/02.42.98