Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Borlinvest from Roeselare, company number BE0738961935, closed financial year 2025 with a result of € -1,068 after tax. For that financial year Borlinvest recorded a gross margin of € -2,463 and equity of € 70,248. Compared with financial year 2024, the result moved from € 673 to € -1,068. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 70,248
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,068
▼ still € 673 profit in 2024
Profit after tax over the fiscal year.
€ 68,683
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 8,748.
Debts at end 2025
€ 4 million
▼ 33% vs 2024
Loans from banks and other lenders, long and short.
€ 62,400
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 252
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,177 | € -1,106 | € -2,192 | € -2,463 | ▼ € 271 |
| Profit after taxes | € 1,697 | € 967 | € 673 | € -1,068 | ▼ € 1,742 |
| Equity | € 69,676 | € 70,643 | € 71,316 | € 70,248 | ▼ 1% |
| Total debts | € 8,124,159 | € 8,104,713 | € 6,097,651 | € 4,063,013 | ▼ 33% |
| Cash | € 65,615 | € 67,091 | € 68,068 | € 68,683 | ▲ 1% |
| Retained profit | € 8,176 | € 9,143 | € 9,816 | € 8,748 | ▼ 11% |
| Bank debt | € 8,000,000 | € 8,000,000 | € 6,000,000 | € 4,000,000 | ▼ 33% |
| Balance sheet total | € 8,193,835 | € 8,175,356 | € 6,168,967 | € 4,133,261 | ▼ 33% |
Key figures of Borlinvest, 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 Borlinvest?
What happened at Borlinvest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,068 (▼ € 1,742 vs 2024). filed late Source: NBB ↗
- Antoon Maselis stepped down as director. NBB
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
- Patrick Maselis became a director. NBB
- Antoon Maselis became a director. NBB
In short
From € 1,697 profit in 2022 to € 1,068 loss in 2025.
Paid € 1,170 in corporate taxes since 2022.
Best year ever: 2022, with € 1,697 profit.
Management
Behind Borlinvest is Patrick Maselis. Patrick Maselis is also behind MASELIS, SILESAM, ECS EUROPEAN CONTAINERS, BORLIX and Granero Industrio.
Directors
According to the 2025 annual accounts
Patrick Maselis
Director
Also active at: MASELIS, SILESAM, ECS EUROPEAN CONTAINERS, BORLIX, Granero Industrio, Dr. Réginald Moreels UNICHIR, Ter Wind Invest, DEBRAMA +6 more
since 2019
Antoon Maselis
Director
since 2019 · until 2026
Establishments
Establishment units
Physical locations of this company
Keizer Karelstraat 5
8800 Roeselare
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0738.961.935
- VAT number
- BE 0738.961.935
- Registered office
- Keizer Karelstraat 5, 8800 Roeselare
- Names & denominations
- Borlinvest
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 2019
- Peppol
- Not registered