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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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 6.8 to 5.9.
Financials
Financial year 2025
BORALIT from Aalter, company number BE0422863184, closed financial year 2025 with a result of € 154,127 after tax. For that financial year BORALIT recorded a gross margin of € 606,173 and equity of € 177,118. Compared with financial year 2024, the result moved from € -99,516 to € 154,127. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 177,118
▲ € 154,127 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 154,127
▲ still € 99,516 loss in 2024
Profit after tax over the fiscal year.
€ 88,863
▲ € 79,912 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -442,882.
People and assets in 2025
5.9
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 401,666
€ 68,100 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.
€ 37,374
▲ 133% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9,510
▼ 37% vs 2024
€ 5,933 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 261,428
▲ 135% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 70,918
▲ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 498,413 | € 239,075 | € 344,404 | € 606,173 | ▲ 76% |
| Profit after taxes | € 136,248 | € -260,962 | € -99,516 | € 154,127 | ▲ € 253,642 |
| Equity | € 383,469 | € 122,507 | € 22,991 | € 177,118 | ▲ € 154,127 |
| Total debts | € 285,038 | € 375,980 | € 632,236 | € 702,792 | ▲ 11% |
| Cash | € 85,030 | € 11,896 | € 8,951 | € 88,863 | ▲ € 79,912 |
| Land & buildings | - | - | € 569 | € 401 | ▼ 29% |
| Retained profit | € -236,531 | € -497,493 | € -597,009 | € -442,882 | ▲ € 154,127 |
| Bank debt | € 0 | € 0 | € 15,200 | € 9,510 | ▼ 37% |
| Balance sheet total | € 668,507 | € 498,487 | € 655,227 | € 879,910 | ▲ 34% |
| Employees (FTE) | 6.5 | 6.8 | 6.7 | 5.9 | ▼ 0.8 |
Key figures of BORALIT, 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 BORALIT?
What happened at BORALIT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 154,127. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Aalter. KBO
In short
From € 136,248 profit in 2022 to € 154,127 profit in 2025.
Best year ever: 2025, with € 154,127 profit.
On average € 102,700 of value added per employee in 2025.
Management
The stake of SUSTAINABLE DEVELOPMENT GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BORALITBehind BORALIT are JACQMAN BV, SYDWELL BV and MUTN BV. The shares are held by SUSTAINABLE DEVELOPMENT GROUP (100%).
Directors
According to the 2025 annual accounts
Director · represented by Quint GEVAERT
Also active at: Gevaplast, DEVAPLUS R & C, BEOLOGIC, DUOLIM, DEVAPLUS R & D, TECHNIKS, Pacific Invest, INNOLOGIC +2 more
Director · represented by Sydney GEVAERT
Also active at: Gevaplast, BEOLOGIC, DUOLIM, DEVAPLUS R & D, TECHNIKS, Pacific Invest, INNOLOGIC, AVERY AGENCY +1 more
Director · represented by Marc THOMETSCHEK
Also active at: Gevaplast, BEOLOGIC, DUOLIM, DEVAPLUS R & D, TECHNIKS, Pacific Invest, INNOLOGIC, AVERY AGENCY +2 more
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidslaan 12
9880 Aalter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.863.184
- VAT number
- BE 0422.863.184
- Registered office
- Nijverheidslaan 12, 9880 Aalter
- Names & denominations
- BORALIT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 1982
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
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