Financials
Financial year 2025
BORG from Hasselt, company number BE0477811607, closed financial year 2025 with a result of € 28,731 after tax. For that financial year BORG recorded a gross margin of € 79,319 and equity of € 309,245. Compared with financial year 2024, the result moved from € 6,805 to € 28,731. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 309,245
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,731
▲ € 21,927 vs 2024
Profit after tax over the fiscal year.
€ 237,092
▲ 146% 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 € 303,045.
People and assets in 2025
€ 112,568
▼ 22% vs 2024
Of which on lease € 111,607.
Debts at end 2025
€ 77,144
▼ 25% vs 2024
€ 15,007 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 4,714
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,734
▼ 56% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 54,313 | € 21,985 | € 24,780 | € 79,319 | ▲ 220% |
| Profit after taxes | € 29,700 | € 7,223 | € 6,805 | € 28,731 | ▲ € 21,927 |
| Equity | € 266,486 | € 273,709 | € 280,514 | € 309,245 | ▲ 10% |
| Total debts | € 57,407 | € 61,002 | € 181,298 | € 138,887 | ▼ 23% |
| Cash | € 136,474 | € 140,566 | € 96,283 | € 237,092 | ▲ 146% |
| Land & buildings | € 26,612 | € 24,387 | € 22,163 | € 19,938 | ▼ 10% |
| Retained profit | € 260,286 | € 267,509 | € 274,314 | € 303,045 | ▲ 10% |
| Bank debt | € 6,954 | € 1,345 | € 103,499 | € 77,144 | ▼ 25% |
| Balance sheet total | € 323,893 | € 334,711 | € 461,812 | € 448,132 | ▼ 3% |
Key figures of BORG, 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 BORG?
What happened at BORG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,731 (▲ € 21,927 vs 2024). Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 29,700 profit in 2022 to € 28,731 profit in 2025.
Paid € 41,379 in corporate taxes since 2022.
Best year ever: 2022, with € 29,700 profit.
A new publication or filing at BORG? We notify you, reason included.
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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 BORG are Geert Geys and Davy Vosch.
Directors
According to the 2025 annual accounts
Geert Geys
Director
Davy Vosch
Director
Establishments
Establishment units
Physical locations of this company
Breestraat 26 box 4
3500 Hasselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.811.607
- VAT number
- BE 0477.811.607
- Registered office
- Breestraat 26 bus 4, 3500 Hasselt
- Names & denominations
- BORG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2002
- Peppol
- Active · Active since 4 Dec 2025
- Contact
- [email protected] 0496100582
- Activities · NACE
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