Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Borg-Building from Turnhout, company number BE0808472432, closed financial year 2025 with a result of € 21,125 after tax. For that financial year Borg-Building recorded a gross margin of € 51,634 and equity of € 145,253. Compared with financial year 2024, the result moved from € 3,449 to € 21,125. 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 August 31, 2026.
€ 145,253
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,125
▲ € 17,676 vs 2024
Profit after tax over the fiscal year.
€ 4,672
▲ 32% 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 € 126,653.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 144,658
▼ 13% vs 2024
€ 18,284 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 13,847
▲ 138% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,883
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 | € 48,154 | € 37,315 | € 39,587 | € 51,634 | ▲ 30% |
| Profit after taxes | € 7,555 | € 3,445 | € 3,449 | € 21,125 | ▲ € 17,676 |
| Equity | € 117,234 | € 120,679 | € 124,128 | € 145,253 | ▲ 17% |
| Total debts | € 299,467 | € 271,421 | € 226,004 | € 183,969 | ▼ 19% |
| Cash | € 12,337 | € 16,618 | € 3,531 | € 4,672 | ▲ 32% |
| Land & buildings | € 391,715 | € 367,233 | € 342,750 | € 320,700 | ▼ 6% |
| Retained profit | € 98,634 | € 102,079 | € 105,528 | € 126,653 | ▲ 20% |
| Bank debt | € 216,280 | € 195,433 | € 166,482 | € 144,658 | ▼ 13% |
| Balance sheet total | € 416,702 | € 392,100 | € 350,132 | € 329,222 | ▼ 6% |
Key figures of Borg-Building, 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 Borg-Building?
What happened at Borg-Building in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 21,125 (▲ € 17,676 vs 2024). filed late Source: NBB ↗
- Walter Marcel Borgmans became a director. NBB
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,555 profit in 2022 to € 21,125 profit in 2025.
Paid € 1,992 in corporate taxes since 2022.
Best year ever: 2025, with € 21,125 profit.
Management
Behind Borg-Building is Walter Marcel Borgmans.
Directors
According to the 2025 annual accounts
Walter Marcel Borgmans
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Patersstraat 156
2300 Turnhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0808.472.432
- VAT number
- BE 0808.472.432
- Registered office
- Patersstraat 156, 2300 Turnhout
- Names & denominations
- Borg-Building
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2008
- Peppol
- Active · Active since 16 Mar 2026