Financials
Financial year 2025
Schrijnwerkerij Borremans from Ternat, company number BE0502669143, closed financial year 2025 with a result of € 24,961 after tax. For that financial year Schrijnwerkerij Borremans recorded a gross margin of € 138,809 and equity of € 92,029. Compared with financial year 2024, the result moved from € 17,710 to € 24,961. 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 June 23, 2026.
€ 92,029
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,961
▲ 41% vs 2024
Profit after tax over the fiscal year.
€ 22,922
▼ 13% 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 € 85,829.
People and assets in 2025
€ 91,456
▼ 21% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 21,491
▲ 219% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 148,971
▼ 6% vs 2024
€ 5,436 is repaid this year. At this pace the long-term loan is gone in ≈ 27 years.
€ 9,988
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 950
▼ 60% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2023 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 88,874 | € 65,487 | € 159,526 | € 138,809 | ▼ 13% |
| Profit after taxes | € 5,084 | € 2,048 | € 17,710 | € 24,961 | ▲ 41% |
| Equity | € 47,310 | € 49,359 | € 67,068 | € 92,029 | ▲ 37% |
| Total debts | € 200,351 | € 203,236 | € 177,961 | € 161,761 | ▼ 9% |
| Cash | € 36,294 | € 4,817 | € 26,208 | € 22,922 | ▼ 13% |
| Land & buildings | € 130,900 | € 130,900 | € 130,900 | € 130,900 | |
| Retained profit | € 41,110 | € 43,159 | € 60,868 | € 85,829 | ▲ 41% |
| Bank debt | € 179,248 | € 169,525 | € 159,300 | € 148,971 | ▼ 6% |
| Balance sheet total | € 247,661 | € 252,595 | € 245,030 | € 253,790 | ▲ 4% |
Key figures of Schrijnwerkerij Borremans, fiscal years 2023 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 Schrijnwerkerij Borremans?
What happened at Schrijnwerkerij Borremans in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24,961 (▲ 41% vs 2024). Source: NBB ↗
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,084 profit in 2023 to € 24,961 profit in 2025.
Paid € 14,736 in corporate taxes since 2023.
Best year ever: 2025, with € 24,961 profit.
Management
Behind Schrijnwerkerij Borremans are Steven Borremans and Danny Borremans.
Directors
According to the 2025 annual accounts
Steven Borremans
Director
Danny Borremans
Director
Establishments
Establishment units
Physical locations of this company
Doelstraat 32
1741 Ternat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0502.669.143
- VAT number
- BE 0502.669.143
- Registered office
- Doelstraat 32, 1741 Ternat
- Names & denominations
- Schrijnwerkerij Borremans
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 2013
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Schrijnwerk