Financials
Financial year 2025
BORGRAEVE from Kortrijk, company number BE0437158808, closed financial year 2025 with a result of € -21,137 after tax. For that financial year BORGRAEVE recorded a gross margin of € 217,174 and equity of € 497,051. Compared with financial year 2024, the result moved from € 20,944 to € -21,137. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 497,051
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,137
▼ still € 20,944 profit in 2024
Profit after tax over the fiscal year.
€ 56,767
▲ 143% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 256,751.
People and assets in 2025
2.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 177,774
▲ 6% vs 2024
€ 61,300 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.
€ 127,538
▲ 105% vs 2024
Of which on lease € 58,684.
Debts at end 2025
€ 182,770
▲ 278% vs 2024
€ 27,157 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 30,265
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,972
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 193,286 | € 251,503 | € 256,625 | € 217,174 | ▼ 15% |
| Profit after taxes | € 23,157 | € 31,736 | € 20,944 | € -21,137 | ▼ € 42,081 |
| Equity | € 485,507 | € 517,243 | € 518,187 | € 497,051 | ▼ 4% |
| Total debts | € 213,473 | € 206,813 | € 135,531 | € 257,244 | ▲ 90% |
| Cash | € 60,177 | € 40,823 | € 23,377 | € 56,767 | ▲ 143% |
| Land & buildings | € 252,995 | € 247,988 | € 248,880 | € 243,860 | ▼ 2% |
| Retained profit | € 245,207 | € 276,943 | € 277,887 | € 256,751 | ▼ 8% |
| Dividend | € 0 | € 0 | € 20,000 | € 0 | ▼ 100% |
| Bank debt | € 131,853 | € 106,473 | € 48,335 | € 182,770 | ▲ 278% |
| Balance sheet total | € 698,980 | € 724,056 | € 653,719 | € 754,294 | ▲ 15% |
| Employees (FTE) | - | 2.9 | 3 | 2.9 | ▼ 0.1 |
Key figures of BORGRAEVE, 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 BORGRAEVE?
What happened at BORGRAEVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 21,137 (▼ € 42,081 vs 2024). Source: NBB ↗
- Jorbo BV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,157 profit in 2022 to € 21,137 loss in 2025.
Paid € 33,120 in corporate taxes since 2022.
Best year ever: 2023, with € 31,736 profit.
On average € 74,900 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of JORBO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BORGRAEVEBehind BORGRAEVE is Jorbo BV. The shares are held by JORBO (100%).
Establishments
Establishment units
Physical locations of this company
't Hoge(Kor) 96 box A
8500 Kortrijk
't Hoge(Kor) 96A
8500 Kortrijk
Active since 18 April 1989
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.158.808
- VAT number
- BE 0437.158.808
- Registered office
- 't Hoge(Kor) 96 bus A, 8500 Kortrijk
- Names & denominations
- BORGRAEVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 1989
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Verspanend bewerken van metalen
Algemene metaalbewerking
Persen, stampen en profielwalsen van metaal
Bewerken van metaal en poedermetallurgie
Persen, stampen en profielwalsen van metaal; poedermetallurgie
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Financiële leasing
Financiële lease
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