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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BORZEE from Aywaille, company number BE0418071780, closed financial year 2025 with a result of € -96,053 after tax. For that financial year BORZEE recorded a gross margin of € 33,446 and equity of € 345,084. Compared with financial year 2024, the result moved from € -110,224 to € -96,053. The company made a loss. The buffer shrank hard: equity is 73 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 345,084
▼ 73% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -96,053
▲ 13 % less loss than in 2024
Profit after tax over the fiscal year.
€ 451,148
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -113,281.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 318
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 62,757 | € 57,175 | € 56,499 | € 33,446 | ▼ 41% |
| Profit after taxes | € 12,438 | € -3,969 | € -110,224 | € -96,053 | ▲ € 14,171 |
| Equity | € 1,405,810 | € 1,401,841 | € 1,291,617 | € 345,084 | ▼ 73% |
| Total debts | € 51,454 | € 50,758 | € 1,661 | € 21,621 | ▲ € 19,959 |
| Cash | € 197,850 | € 398,960 | € 414,420 | € 451,148 | ▲ 9% |
| Land & buildings | € 951,579 | € 911,446 | € 874,844 | - | |
| Retained profit | € 684 | € 32,097 | € -42,745 | € -113,281 | ▼ € 70,536 |
| Balance sheet total | € 1,464,962 | € 1,458,989 | € 1,298,361 | € 466,705 | ▼ 64% |
Key figures of BORZEE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BORZEE?
What happened at BORZEE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Close Techniques stepped down as director. NBB
- Stephan Van Butsel stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 96,053. Source: NBB ↗
- Odile Marie A Close stepped down as director. NBB
- New establishment in Heusden-Zolder. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,438 profit in 2022 to € 96,053 loss in 2025.
Paid € 42,763 in corporate taxes since 2022.
Best year ever: 2022, with € 12,438 profit.
Management
The stake of CLOSE COMFORT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BORZEEThe shares are held by CLOSE COMFORT (100%).
Directors
According to the 2025 annual accounts
Director · represented by Odile Marie A Close
Owns 100% via CLOSE COMFORT
Also active at: Close, P.A., SAVENERG, CLOSE MAINTENANCE, CLOSE COMFORT
· until 2029
· until 2029
Odile Marie A Close
Director
Also active at: Close, ETABLISSEMENTS KARL BOUVE, P.A., SAVENERG, CLOSE MAINTENANCE, CLOSE COMFORT, Close Techniques, DAMIEN CLETTE MANAGEMENT COMPANY +1 more
· until 2026
Shareholders
CLOSE COMFORT · holding of Close Techniques
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Hé Copin 9
4920 Aywaille
Industrieweg 8
3550 Heusden-Zolder
Active since 15 March 1978
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Close same network
€ 2.1 million revenue · 2025
CLOSE COMFORT same network
€ 55.1 million revenue · 2025
Ass momentanée CEGELEC-CLOSE-SPIE
Société momentanée Close-Spie
Société momentanée Close-EMT
+5 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
- 0418.071.780
- VAT number
- BE 0418.071.780
- Registered office
- Rue de la Hé Copin 9, 4920 Aywaille
- Names & denominations
- BORZEE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 1978
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Sanitaire werkzaamheden
Overig loodgieterswerk