Financials
Financial year 2024
Worth noting
- Figures corrected afterwards (2024).
Gross margin
€ -22,019
▼ 1% vs 2023
Profit
Caution€ -13,059
▼ 221% vs 2023
Debts
Low€ 28,150
▲ 16% vs 2023
BOREAS DEVELOPMENT from Brussel, company number BE0885680868, closed financial year 2024 with a result of € -13,059 after tax. For that financial year BOREAS DEVELOPMENT recorded a gross margin of € -22,019 and equity of € 120,108. Compared with financial year 2023, the result moved from € 10,797 to € -13,059. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 17, 2025.
What happened at BOREAS DEVELOPMENT?
What happened at BOREAS DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vincent Beck stepped down as director. NBB
- Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
- Hervé Bodin stepped down as director. NBB
- Christophe Jacobs SRL stepped down as director. NBB
- Vincent Beck became a director. NBB
- Hervé Bodin became a director. NBB
- Christophe Jacobs SRL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3.1 million profit in 2021 to € 13,059 loss in 2024.
Paid € 861,788 in corporate taxes since 2021.
Best year ever: 2021, with € 3.1 million profit.
Paid out € 3.6 million in dividends to the owners in total.
A new publication or filing at BOREAS DEVELOPMENT? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
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Management
Directors
According to the 2024 annual accounts
since 2022 · until 2025
Director · represented by Christophe Jacobs
Also active at: SOCIETE FINANCIERE CODIC, CODIC BELGIQUE - CODIC BELGIE, Socaré Offices +5 more
since 2022 · until 2025
Vincent Beck
Managing director
Also active at: CODIC BELGIQUE - CODIC BELGIE, Codic Invest RE B, Tage Invest
since 2024 · until 2029
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 120
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 48 companies are registered at this address.
Herman Miller
Belgian Multihull Association
Nisard-Invest
SOCIETE FINANCIERE CODIC same network
€ -16,090 gross margin · 2024
CODIC INTERNATIONAL
€ 3.7 million revenue · 2024
+43 more
Details
- Company number
- 0885.680.868
- VAT number
- BE 0885.680.868
- Registered office
- Terhulpsesteenweg 120, 1000 Brussel
- Names & denominations
- BOREAS DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 2006
- Peppol
- Not registered