Financials
Financial year 2025
BORLIX from Brugge, company number BE0462704252, closed financial year 2025 with a result of € 937,106 after tax. For that financial year BORLIX recorded revenue of € 48.6 million and equity of € 9 million. Compared with financial year 2024, the result moved from € 1.8 million to € 937,106. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 7, 2026.
€ 9 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 937,106
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▼ 24% 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 € 7.6 million.
People and assets in 2025
11.1
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 921,200
▲ 1% vs 2024
€ 83,000 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.
€ 199,310
▲ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12.8 million
▼ 8% vs 2024
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 2.1 million
▲ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 17 days on average.
€ 236,279
▲ 46% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 48,573,243 | € 54,825,302 | € 53,668,099 | € 48,597,973 | ▼ 9% |
| Profit after taxes | € 112,380 | € 964,907 | € 1,755,992 | € 937,106 | ▼ 47% |
| Equity | € 5,314,936 | € 6,279,843 | € 8,035,835 | € 8,972,941 | ▲ 12% |
| Total debts | € 24,577,187 | € 24,479,786 | € 18,760,975 | € 16,736,785 | ▼ 11% |
| Cash | € 664,334 | € 1,021,662 | € 1,627,290 | € 1,234,750 | ▼ 24% |
| Land & buildings | € 6,794,067 | € 7,567,651 | € 7,170,951 | € 6,863,594 | ▼ 4% |
| Retained profit | € 3,939,936 | € 4,904,843 | € 6,660,835 | € 7,597,941 | ▲ 14% |
| Bank debt | € 16,000,000 | € 14,933,333 | € 13,866,667 | € 12,800,000 | ▼ 8% |
| Balance sheet total | € 29,892,123 | € 30,759,629 | € 26,796,810 | € 25,709,726 | ▼ 4% |
| Employees (FTE) | 9.9 | 10.4 | 11.2 | 11.1 | ▼ 0.1 |
Key figures of BORLIX, 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 BORLIX?
What happened at BORLIX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- KRM BVBA stepped down as director. NBB
- Clakar CommV stepped down as director. NBB
- Guy Maenhout stepped down as director. NBB
- Cyriel Management BV stepped down as director. NBB
- Mattschap BV stepped down as director. NBB
- Patrick Maselis stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 937,106 (▼ 47% vs 2024). filed late Source: NBB ↗
- KRM BVBA became a director. NBB
In short
From € 112,380 profit in 2022 to € 937,106 profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.8 million profit.
Pays suppliers within 17 days on average.
Management
The stake of MASELIS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BORLIXThe shares are held by MASELIS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Karel Clarebout
since 2025 · until 2031
since 2025 · until 2031
Director · represented by Pascal Dehaemers
since 2025 · until 2031
since 2025 · until 2031
Patrick Maselis
Director
Also active at: MASELIS, SILESAM, ECS EUROPEAN CONTAINERS, Granero Industrio, Dr. Réginald Moreels UNICHIR, Borlinvest, Ter Wind Invest, DEBRAMA +6 more
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lanceloot Blondeellaan 15
8380 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
DNS
Cloudflare DNS
Website info
Features
Security
Details
- Company number
- 0462.704.252
- VAT number
- BE 0462.704.252
- Registered office
- Lanceloot Blondeellaan 15, 8380 Brugge
- Names & denominations
- BORLIX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 1998
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- borlix.be
- Activities · NACE
Vervaardiging van veevoeders
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