Financials
Financial year 2025
BORGOO BART from Jabbeke, company number BE0720972789, closed financial year 2025 with a result of € 34,061 after tax. For that financial year BORGOO BART recorded a gross margin of € 342,352 and equity of € 456,193. Compared with financial year 2024, the result moved from € -46,617 to € 34,061. 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 12, 2026.
€ 456,193
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 34,061
▲ still € 46,617 loss in 2024
Profit after tax over the fiscal year.
€ 82,125
▲ € 69,741 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 € 437,193.
People and assets in 2025
€ 223,598
▲ 27% 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.
€ 105,508
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 176,470
▼ 22% vs 2024
€ 23,399 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 63,681
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,423
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 960,884 | € 640,289 | - | |
| Gross margin | € 140,690 | € 254,957 | € 190,608 | € 342,352 | ▲ 80% |
| Profit after taxes | € 62,544 | € 111,548 | € -46,617 | € 34,061 | ▲ € 80,678 |
| Equity | € 179,371 | € 290,919 | € 422,131 | € 456,193 | ▲ 8% |
| Total debts | € 97,818 | € 299,629 | € 349,516 | € 251,808 | ▼ 28% |
| Cash | € 68,899 | € 16,500 | € 12,384 | € 82,125 | ▲ € 69,741 |
| Land & buildings | - | € 73,199 | € 217,780 | € 231,705 | ▲ 6% |
| Retained profit | € 160,371 | € 271,919 | € 403,131 | € 437,193 | ▲ 8% |
| Bank debt | € 72,995 | € 205,134 | € 227,279 | € 176,470 | ▼ 22% |
| Balance sheet total | € 277,189 | € 590,548 | € 771,648 | € 708,001 | ▼ 8% |
| Employees (FTE) | - | - | 3 | - |
Key figures of BORGOO BART, fiscal years 2021 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 BORGOO BART?
What happened at BORGOO BART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 34,061. Source: NBB ↗
- New establishment in Oostende. KBO
- Bart Borgoo became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 62,544 profit in 2021 to € 34,061 profit in 2025.
Paid € 38,070 in corporate taxes since 2021.
Best year ever: 2022, with € 111,548 profit.
On average € 63,500 of value added per employee in 2024.
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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
Directors
According to the 2025 annual accounts
Bart Borgoo
Administrator-manager
since 2019
Establishments
Establishment units
Physical locations of this company
Oude Stokerijstraat 2
8490 Jabbeke
Oudenburgsesteenweg 31 box D7
8400 Oostende
Active since 1 March 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
UPCLOUD, FI
Website info
Features
Security
Network
Details
- Company number
- 0720.972.789
- VAT number
- BE 0720.972.789
- Registered office
- Oude Stokerijstraat 2, 8490 Jabbeke
- Names & denominations
- BORGOO BART
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 2019
- Peppol
- Active · Active since 6 Jun 2025
- Contact
- borgoobart.be
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Overige bouwinstallatie
Algemene elektrotechnische installatiewerken
Overige gespecialiseerde bouwactiviteiten, neg
Sanitaire werkzaamheden
Restaureren van bouwwerken
Overige bouwinstallatie, n.e.g.