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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CASA BORGHESE from Liège, company number BE0439559359, closed financial year 2025 with a result of € 405 after tax. For that financial year CASA BORGHESE recorded a gross margin of € 5,136 and equity of € -10,994. Compared with financial year 2024, the result moved from € 5,771 to € 405. The company is profitable. 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 May 6, 2026.
€ -10,994
▲ € 405 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 405
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% 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 € -54,376.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 335
▼ 98% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2025
€ 4,348
▲ 94% vs 2024
Loans from banks and other lenders, long and short.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 25,333 | € 26,556 | € 27,991 | € 5,136 | ▼ 82% |
| Profit after taxes | € -16,725 | € -10,451 | € 5,771 | € 405 | ▼ 93% |
| Equity | € -6,720 | € -17,171 | € -11,400 | € -10,994 | ▲ € 405 |
| Total debts | € 30,226 | € 30,987 | € 17,987 | € 10,994 | ▼ 39% |
| Cash | € 3,031 | € 1,459 | € 137 | € 0 | ▼ 100% |
| Land & buildings | € 1,421 | € 776 | € 284 | € 0 | ▼ 100% |
| Retained profit | € -50,102 | € -60,552 | € -54,781 | € -54,376 | ▲ € 405 |
| Bank debt | € 4,926 | € 4,663 | € 2,242 | € 4,348 | ▲ 94% |
| Balance sheet total | € 23,505 | € 13,816 | € 6,587 | € 0 | ▼ 100% |
Key figures of CASA BORGHESE, 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 CASA BORGHESE?
What happened at CASA BORGHESE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 405 (▼ 93% vs 2024). Source: NBB ↗
- New establishment in Liège. KBO
- Adrienne CARBONE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 16,725 loss in 2022 to € 405 profit in 2025.
Paid € 1,051 in corporate taxes since 2022.
Best year ever: 2024, with € 5,771 profit.
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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
Behind CASA BORGHESE is Adrienne CARBONE.
Directors
According to the 2025 annual accounts
Adrienne CARBONE
Manager
since 1990
Establishments
Establishment units
Physical locations of this company
Rue de Visé 166
4020 Liège
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.559.359
- VAT number
- BE 0439.559.359
- Registered office
- Rue de Visé 166, 4020 Liège
- Names & denominations
- CASA BORGHESE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 1990
- Peppol
- Not registered