Financials
Financial year 2025
Bormans Grond- en Funderingswerken from As, company number BE0803692609, closed financial year 2025 with a result of € 158,076 after tax. For that financial year Bormans Grond- en Funderingswerken recorded a gross margin of € 287,262 and equity of € 194,302. Compared with financial year 2024, the result moved from € 33,225 to € 158,076. 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.
€ 194,302
▲ € 158,076 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 158,076
▲ € 124,851 vs 2024
Profit after tax over the fiscal year.
€ 42,755
▲ € 33,446 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 € 191,302.
People and assets in 2025
€ 172,727
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 151,925
▼ 26% vs 2024
€ 54,515 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 54,752
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,697
▲ € 45,478 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 87,561 | € 287,262 | ▲ 228% |
| Profit after taxes | € 33,225 | € 158,076 | ▲ € 124,851 |
| Equity | € 36,225 | € 194,302 | ▲ € 158,076 |
| Total debts | € 371,092 | € 359,515 | ▼ 3% |
| Cash | € 9,309 | € 42,755 | ▲ € 33,446 |
| Retained profit | € 33,225 | € 191,302 | ▲ € 158,076 |
| Bank debt | € 205,961 | € 151,925 | ▼ 26% |
| Balance sheet total | € 407,317 | € 553,816 | ▲ 36% |
Key figures of Bormans Grond- en Funderingswerken, fiscal years 2024 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 Bormans Grond- en Funderingswerken?
What happened at Bormans Grond- en Funderingswerken in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 158,076 (▲ € 124,851 vs 2024). Source: NBB ↗
- New establishment in As. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,225 profit in 2024 to € 158,076 profit in 2025.
Paid € 51,697 in corporate taxes since 2024.
Best year ever: 2025, with € 158,076 profit.
Management
Behind Bormans Grond- en Funderingswerken is Michael Bormans.
Directors
According to the 2025 annual accounts
Michael Bormans
Director
Establishments
Establishment units
Physical locations of this company
Hoogstraat(As) 52
3665 As
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0803.692.609
- VAT number
- BE 0803.692.609
- Registered office
- Hoogstraat(As) 52, 3665 As
- Names & denominations
- Bormans Grond- en Funderingswerken · BGF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2023
- Peppol
- Active · Active since 30 Oct 2023
- Contact
- [email protected] +32477779927
- Activities · NACE
Bouwrijp maken van terreinen
Overige werkzaamheden in verband met de afwerking van gebouwen
Algemene bouw van residentiële gebouwen
Chapewerken
Overige gespecialiseerde bouwactiviteiten, neg
Slopen
Overige gespecialiseerde bouwwerkzaamheden