Financials
Financial year 2025
BORGS STEVE from Heers, company number BE0896536455, closed financial year 2025 with a result of € -162,505 after tax. For that financial year BORGS STEVE recorded a gross margin of € 65,986 and equity of € 39,140. Compared with financial year 2024, the result moved from € 8,482 to € -162,505. The company made a loss. The buffer shrank hard: equity is 81 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ 39,140
▼ 81% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -162,505
▼ still € 8,482 profit in 2024
Profit after tax over the fiscal year.
€ 13,014
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 32,940.
People and assets in 2025
€ 205,915
▲ 46% 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.
€ 12,936
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 67,639
▲ € 61,767 vs 2024
Loans from banks and other lenders, long and short.
€ 241,125
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,897
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 157,113 | € 130,472 | € 175,210 | € 65,986 | ▼ 62% |
| Profit after taxes | € 39,620 | € 10,747 | € 8,482 | € -162,505 | ▼ € 170,986 |
| Equity | € 182,416 | € 193,163 | € 201,645 | € 39,140 | ▼ 81% |
| Total debts | € 173,355 | € 218,177 | € 228,554 | € 350,586 | ▲ 53% |
| Cash | € 35,786 | € 10,921 | € 83,199 | € 13,014 | ▼ 84% |
| Retained profit | € 176,216 | € 186,963 | € 195,445 | € 32,940 | ▼ 83% |
| Bank debt | € 21,349 | € 19,273 | € 5,872 | € 67,639 | ▲ € 61,767 |
| Balance sheet total | € 355,771 | € 411,340 | € 430,199 | € 389,727 | ▼ 9% |
Key figures of BORGS STEVE, 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 BORGS STEVE?
What happened at BORGS STEVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 162,505 (▼ € 170,986 vs 2024). filed late Source: NBB ↗
- New establishment in Heers. KBO
- Steve Borgs became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 39,620 profit in 2022 to € 162,505 loss in 2025.
Paid € 20,385 in corporate taxes since 2022.
Best year ever: 2022, with € 39,620 profit.
Management
Behind BORGS STEVE is Steve Borgs.
Directors
According to the 2025 annual accounts
Steve Borgs
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Kultuurlaan(H.) 27
3870 Heers
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
Self-hosted
Website info
Features
Security
Network
Details
- Company number
- 0896.536.455
- VAT number
- BE 0896.536.455
- Registered office
- Kultuurlaan(H.) 27, 3870 Heers
- Names & denominations
- BORGS STEVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2008
- Peppol
- Active · Active since 13 Oct 2025
- Contact
- elektriciteitswerken-borgs.be
- Activities · NACE
Algemene elektrotechnische installatiewerken