Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
111 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
INDUSTRIELLE BORAINE from Ukkel, company number BE0401496955, closed financial year 2024 with a result of € -1.4 million after tax. For that financial year INDUSTRIELLE BORAINE recorded a gross margin of € 268,401 and equity of € -1.5 million. Compared with financial year 2023, the result moved from € -33,576 to € -1.4 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 11, 2025.
€ -1.5 million
▼ € 1.4 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▼ 4129 % more loss than in 2023
Profit after tax over the fiscal year.
€ 4,624
▼ 97% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.6 million.
People and assets in 2024
24
▲ 5.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 108% vs 2023
€ 65,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 420
▲ 20% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1 million
▲ 57% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1 million
▲ € 907,172 vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 470,312 | € 761,838 | € 268,401 | ▼ 65% |
| Profit after taxes | € -6,685 | € -33,576 | € -1,419,918 | ▼ € 1.4 million |
| Equity | € -91,372 | € -124,948 | € -1,544,866 | ▼ € 1.4 million |
| Total debts | € 1,580,904 | € 1,733,609 | € 2,140,691 | ▲ 23% |
| Cash | € 44,750 | € 154,775 | € 4,624 | ▼ 97% |
| Retained profit | € -109,964 | € -143,540 | € -1,563,458 | ▼ € 1.4 million |
| Balance sheet total | € 1,489,532 | € 1,608,661 | € 595,825 | ▼ 63% |
| Employees (FTE) | 15.3 | 18.9 | 24 | ▲ 5.1 |
Key figures of INDUSTRIELLE BORAINE, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to INDUSTRIELLE BORAINE?
What happened at INDUSTRIELLE BORAINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
INDUSTRIELLE BORAINE is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 1.4 million. Source: NBB ↗
- New establishment in Quiévrain. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,685 loss in 2022 to € 1.4 million loss in 2024.
Paid € 7,366 in corporate taxes since 2022.
On average € 11,200 of value added per employee in 2024.
Management
Behind INDUSTRIELLE BORAINE is PHILIPPE JEROZOLIMSKI. The shares are held by PHILIPPE JEROZOLIMSKI (100%).
Directors
According to the 2024 annual accounts
PHILIPPE JEROZOLIMSKI
Director
Owns 100% directly
Shareholders
PHILIPPE JEROZOLIMSKI · director
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Alsembergsesteenweg 897
1180 Ukkel
Rue de la Frontière 39
7380 Quiévrain
Active since 1 October 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 111 companies are registered at this address.
All companies at this address →The British Charitable Fund
JM Construction
€ -93,714 gross margin · 2025
LINEA
€ 19,901 gross margin · 2025
BLIZZARD
€ 87,486 gross margin · 2025
R.C. & Co
€ 68,172 gross margin · 2025
+106 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.496.955
- VAT number
- BE 0401.496.955
- Registered office
- Alsembergsesteenweg 897, 1180 Ukkel
- Names & denominations
- INDUSTRIELLE BORAINE · I.B.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 1 January 1968
- Peppol
- Not registered
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan