Bankrupt · Opening faillissement (CBE)

BORANDCO

BE0645653378

Rechtspersoon Private limited company 2 establishments

BORANDCO is a bar in Etterbeek. Private Limited, started on 6 January 2016, 2 establishments.

Steenweg op Waver 654, 1040 Etterbeek

Start date

6 January 2016

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 49 % of short-term debt in 2024; threshold 65 %.

  • Figures corrected NBB

    Corrected annual account filed for 2022.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

BORANDCO from Etterbeek, company number BE0645653378, closed financial year 2024 with a result of € 8,400 after tax. For that financial year BORANDCO recorded a gross margin of € 200,869 and equity of € -57,090. Compared with financial year 2023, the result moved from € 26,881 to € 8,400. 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 August 28, 2025.

What it is worth Caution

€ -57,090

▲ € 8,400 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 8,400

▼ 69% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 11,398

▼ 43% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € -75,690.

People and assets in 2024

Wage cost

€ 196,322

▼ 7% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2024

Bank debt

€ 12,500

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 13,280

▼ 21% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 46,767

▲ 2% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 46,215 € 43,094 € 249,585 € 200,869 ▼ 20%
Profit after taxes € 6,754 € -29,209 € 26,881 € 8,400 ▼ 69%
Equity € -63,162 € -92,371 € -65,490 € -57,090 ▲ € 8,400
Total debts € 121,831 € 131,466 € 115,467 € 104,189 ▼ 10%
Cash € 7,797 € 15,544 € 19,844 € 11,398 ▼ 43%
Retained profit € -81,762 € -110,971 € -84,090 € -75,690 ▲ € 8,400
Bank debt € 4,285 € 0 € 0 € 12,500
Balance sheet total € 58,669 € 39,095 € 49,977 € 47,099 ▼ 6%

Key figures of BORANDCO, 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 31 July 2026.

What happened to BORANDCO?

What happened at BORANDCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

BORANDCO is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: profit of € 8,400 (▼ 69% vs 2023). filed late Source: NBB ↗
  • New establishment in Elsene. KBO
  • New establishment in Etterbeek. KBO
  • Start of the company according to the CBE. KBO

In short

From € 6,754 profit in 2021 to € 8,400 profit in 2024.

Best year ever: 2023, with € 26,881 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Steenweg op Waver 654

1040 Etterbeek

2.266.793.196

Elsense Steenweg 96

1050 Elsene

Active since 1 January 2017

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 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
0645.653.378
VAT number
BE 0645.653.378
Registered office
Steenweg op Waver 654, 1040 Etterbeek
Names & denominations
BORANDCO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
6 January 2016
Peppol
Not registered
Activities · NACE

Cafés en bars

Frequently asked questions

What does BORANDCO do?
BORANDCO is a bar in Etterbeek. Private Limited, started on 6 January 2016, 2 establishments.
What is the address of BORANDCO?
The registered office of BORANDCO is located at Steenweg op Waver 654, 1040 Etterbeek.
Is BORANDCO still active?
No. The CBE lists BORANDCO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is BORANDCO registered on Peppol?
No, BORANDCO is currently not registered on the Peppol network.
What is the enterprise number of BORANDCO?
The enterprise number of BORANDCO is BE0645653378.
When was BORANDCO founded?
BORANDCO was founded on 6 January 2016.