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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 628 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 January 2026 and has not been filed.
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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 2024
BORINVEST from Grez-Doiceau, company number BE0478038863, closed financial year 2024 with a result of € -18,827 after tax. For that financial year BORINVEST recorded a gross margin of € -5,830 and equity of € -222,187. Compared with financial year 2023, the result moved from € -94,652 to € -18,827. The company made a loss. 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 October 20, 2026.
€ -222,187
▼ € 18,827 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,827
▲ 80 % less loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -283,387.
People and assets in 2024
€ 18,543
▼ 26% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 302
Loans from banks and other lenders, long and short.
€ 104,025
▲ 100% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -3,350 | € 248,452 | € -71,165 | € -5,830 | ▲ € 65,335 |
| Profit after taxes | € -27,380 | € 209,484 | € -94,652 | € -18,827 | ▲ € 75,825 |
| Equity | € -318,192 | € -108,708 | € -203,360 | € -222,187 | ▼ € 18,827 |
| Total debts | € 1,393,491 | € 1,030,574 | € 715,962 | € 714,842 | |
| Cash | € 47 | € 26,148 | € 165 | - | |
| Retained profit | € -379,392 | € -169,908 | € -264,560 | € -283,387 | ▼ € 18,827 |
| Bank debt | € 283,015 | € 46 | € 302 | € 302 | |
| Balance sheet total | € 1,075,299 | € 921,866 | € 512,602 | € 492,655 | ▼ 4% |
Key figures of BORINVEST, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to BORINVEST?
What happened at BORINVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 18,827. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Grez-Doiceau. KBO
In short
From € 27,380 loss in 2021 to € 18,827 loss in 2024.
Paid € 1,976 in corporate taxes since 2021.
Best year ever: 2022, with € 209,484 profit.
Management
Behind BORINVEST is OLIVIER BORIN. OLIVIER BORIN is also behind WALLONIAN ASSET MANAGEMENT.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Chée de la Libération 58/1
1390 Grez-Doiceau
Chée de la Libération 58 box 1
1390 Grez-Doiceau
Active since 5 July 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0478.038.863
- VAT number
- BE 0478.038.863
- Registered office
- Chée de la Libération 58/1, 1390 Grez-Doiceau
- Names & denominations
- BORINVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2002
- Peppol
- Not registered
- Activities · NACE
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