ACTIVE

BORALIT

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Financial year 2025 · closed on 31/12/2025

Net result

154,1 k €

+254.9% YoY

Gross margin

606,2 k €

+76.0% YoY

Equity

177,1 k €

+670.4% YoY

Workforce

5,9 ETP

-11.9% YoY

What does BORALIT do?

BORALIT is a Public limited company incorporated in 1982. Its registered office is in Aalter. It employs on average 5,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0422.863.184

Incorporation

02/07/1982

Legal form

Public limited company

Registered office

Nijverheidslaan 12
9880 Aalter · FlandreSee on map

Contributed capital

620 000,00 €

Latest accounts

31/12/2025

Average workforce

5,9 ETP

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	606,2 k €	+76.0%	344,4 k €	+44.1%	239,1 k €	-52.0%	498,4 k €	+223%	154,2 k €	-59.9%	384,6 k €	-0.4%	386,1 k €	+4.5%	369,6 k €	-63.3%	1 M €		–		–		–		–		–		–		–		–		–		–
EBITDA	170,5 k €	+324%	-76,2 k €	+51.6%	-157,6 k €	-208%	145,6 k €	+192%	-158 k €	-517%	37,9 k €	+148%	-79,2 k €	+75.6%	-325,2 k €	-163%	513,3 k €	+489%	-131,9 k €	+41.3%	-224,9 k €	-13.2%	-198,7 k €	-3.0%	-192,9 k €	+52.6%	-406,6 k €	-32.7%	-306,5 k €	-294%	157,7 k €	-34.1%	239,5 k €	-27.8%	331,9 k €	-78.2%	1,5 M €
Operating result	156 k €	+278%	-87,9 k €	+66.2%	-259,7 k €	-291%	135,9 k €	+183%	-163,4 k €	-665%	28,9 k €	+157%	-50,4 k €	+85.0%	-335,2 k €	-167%	497,2 k €	+379%	-178,3 k €	+38.3%	-288,8 k €	-15.1%	-251 k €	-18.2%	-212,3 k €	+53.9%	-460,2 k €	-5.5%	-436,4 k €	-97.7%	-220,8 k €	-198%	-74 k €	-539%	16,9 k €	-98.4%	1 M €
Net result	154,1 k €	+255%	-99,5 k €	+61.9%	-261 k €	-292%	136,2 k €	+184%	-163 k €	-598%	32,7 k €	+169%	-47,5 k €	+87.7%	-387 k €	-180%	485,3 k €	+360%	-186,5 k €	+38.9%	-305,3 k €	-7.7%	-283,6 k €	-134%	-121 k €	+78.8%	-571,4 k €	-31.3%	-435,2 k €	-115%	-202,6 k €	-91.5%	-105,8 k €	-1773%	6,3 k €	-99.1%	734,1 k €
Balance sheet
Equity	177,1 k €	+670%	23 k €	-81.2%	122,5 k €	-68.1%	383,5 k €	+55.1%	247,2 k €	-39.7%	410,2 k €	+1924%	-22,5 k €	-190%	25 k €	-93.9%	412 k €	+1260%	30,3 k €	-86.0%	216,8 k €	-58.5%	522,2 k €	-35.2%	806,1 k €	-13.1%	927,3 k €	-38.1%	1,5 M €	-22.6%	1,9 M €	-9.8%	2,1 M €	-5.0%	2,3 M €	-0.1%	2,3 M €
Total assets	879,9 k €	+34.3%	655,2 k €	+31.4%	498,5 k €	-25.4%	668,5 k €	+45.2%	460,3 k €	+0.3%	458,9 k €	+13.7%	403,7 k €	-25.4%	540,9 k €	-36.3%	849,8 k €	-19.4%	1,1 M €	+1.0%	1 M €	-10.4%	1,2 M €	-23.3%	1,5 M €	-8.8%	1,7 M €	-19.9%	2,1 M €	-23.6%	2,7 M €	-14.3%	3,2 M €	-17.6%	3,9 M €	-6.4%	4,1 M €
Cash	88,9 k €	+893%	9 k €	-24.8%	11,9 k €	-86.0%	85 k €	+252%	24,2 k €	-18.9%	29,8 k €	+34.2%	22,2 k €	+8.5%	20,5 k €	+16.4%	17,6 k €	-73.4%	66,1 k €	-29.8%	94,1 k €	+60.9%	58,5 k €	-55.2%	130,6 k €	-41.5%	223,4 k €	-14.8%	262,1 k €	-78.5%	1,2 M €	+428%	230,5 k €	+61.7%	142,5 k €	-63.5%	390,8 k €
Debts	701,6 k €	+11.0%	632,2 k €	+68.2%	376 k €	+31.9%	285 k €	+33.8%	213 k €	+342%	48,2 k €	-87.9%	399,6 k €	-19.5%	496,4 k €	+28.3%	386,7 k €	-60.1%	968,5 k €	+23.5%	784,2 k €	+30.8%	599,8 k €	-8.1%	652,3 k €	+15.7%	563,6 k €	+25.4%	449,4 k €	-14.7%	526,8 k €	-22.4%	678,7 k €	-46.0%	1,3 M €	-18.5%	1,5 M €
Other
Workforce	5,9 ETP	-11.9%	6,7 ETP	-1.5%	6,8 ETP	+4.6%	6,5 ETP	-5.8%	6,9 ETP	+1.5%	6,8 ETP	-21.8%	8,7 ETP	-7.4%	9,4 ETP	-3.1%	9,7 ETP	-29.2%	13,7 ETP	-2.8%	14,1 ETP	-7.8%	15,3 ETP	-3.2%	15,8 ETP	+10.5%	14,3 ETP	-24.3%	18,9 ETP	-20.3%	23,7 ETP	+3.5%	22,9 ETP	-8.4%	25,0 ETP	-15.3%	29,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 31 ended

Active mandates

JACQMAN

Director · 0771.481.085

Represented by Quint GEVAERT

Active

MUTN

Director · 0783.459.793

Represented by Marc THOMETSCHEK

Active

SYDWELL

Director · 0783.855.020

Represented by Sydney GEVAERT

Active

Ended mandates

JACQMAN

Managing director · since 27 octobre 2022 · until 08 juin 2028 · 0771.481.085

Represented by Quint Gevaert

Ended

JACQMAN

Managing director · since 27 octobre 2022 · until 08 juin 2028 · 0771.481.085

Represented by Quint GEVAERT

Ended

MUTN

Managing director · since 27 octobre 2022 · until 08 juin 2028 · 0783.459.793

Represented by Marc Thometschek

Ended

MUTN

Managing director · since 27 octobre 2022 · until 08 juin 2028 · 0783.459.793

Represented by Marc THOMETSCHEK

Ended

At this address

Other companies at this address

Company	CBE no.
DEVAPLUS R & C● Active	0429.696.736
DEVAPLUS R & D● Active	0475.575.360

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	31/12/2021	31/12/2020	31/12/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	30/12/2021	30/12/2020
Length of the financial year	12 months	12 months	12 months	13 months	13 months	13 months
Filing date	10/07/2026	11/07/2025	24/09/2024	23/06/2023	16/06/2022	29/06/2021
General meeting	09/07/2026	10/07/2025	28/08/2024	08/06/2023	09/06/2022	10/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/07/2026	10/07/2026	Dutch	PDF
Abridged model	31/12/2024	10/07/2025	11/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/08/2024	24/09/2024	Dutch	PDF
Abridged model	31/12/2022	08/06/2023	23/06/2023	Dutch	PDF
Abridged model	30/12/2021	09/06/2022	16/06/2022	Dutch	PDF
Abridged model	30/12/2020	10/06/2021	29/06/2021	Dutch	PDF
Abridged model	30/12/2019	11/06/2020	19/06/2020	Dutch	PDF
Abridged model	30/12/2018	13/06/2019	14/06/2019	Dutch	PDF
Abridged model	30/12/2017	14/06/2018	28/06/2018	Dutch	PDF
Abridged model	30/12/2016	08/06/2017	16/06/2017	Dutch	PDF
Full model	30/12/2015	09/06/2016	05/07/2016	Dutch	PDF
Full model	30/12/2014	11/06/2015	04/08/2015	Dutch	PDF
Full model	30/12/2013	12/06/2014	30/06/2014	Dutch	PDF
Full model	30/12/2012	13/06/2013	14/06/2013	Dutch	PDF
Full model	30/12/2011	14/06/2012	22/06/2012	Dutch	PDF
Full model	30/12/2010	09/06/2011	28/06/2011	Dutch	PDF
Full model	30/12/2009	10/06/2010	25/06/2010	Dutch	PDF
Full model	30/12/2008	11/06/2009	23/06/2009	Dutch	PDF
Full model	30/12/2007	12/06/2008	08/07/2008	Dutch	PDF
Full model	30/12/2006	26/06/2007	24/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 31 ended

Active mandates

JACQMAN

Director · 0771.481.085

Represented by Quint GEVAERT

Active

MUTN

Director · 0783.459.793

Represented by Marc THOMETSCHEK

Active

SYDWELL

Director · 0783.855.020

Represented by Sydney GEVAERT

Active

Ended mandates

JACQMAN

Managing director · since 27 octobre 2022 · until 08 juin 2028 · 0771.481.085

Represented by Quint Gevaert

Ended

JACQMAN

Managing director · since 27 octobre 2022 · until 08 juin 2028 · 0771.481.085

Represented by Quint GEVAERT

Ended

MUTN

Managing director · since 27 octobre 2022 · until 08 juin 2028 · 0783.459.793

Represented by Marc Thometschek

Ended

MUTN

Managing director · since 27 octobre 2022 · until 08 juin 2028 · 0783.459.793

Represented by Marc THOMETSCHEK

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other14/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates16/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other09/03/2022
DIVERSEN
PDF
Mandates22/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/11/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/10/2015
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025154,1 k €↑
2024
Annual accounts 2024-99,5 k €↑
2023
Annual accounts 2023-261 k €↓
2022
Annual accounts 2022136,2 k €↑
2021
Annual accounts 2021-163 k €↓
2020
Annual accounts 202032,7 k €↑
2019
Annual accounts 2019-47,5 k €↑
2018
Annual accounts 2018-387 k €↓
2017
Annual accounts 2017485,3 k €↑
2015
Annual accounts 2015-186,5 k €↑
2014
Annual accounts 2014-305,3 k €↓
2013
Annual accounts 2013-283,6 k €↓
2012
Annual accounts 2012-121 k €↑
2011
Annual accounts 2011-571,4 k €↓
2010
Annual accounts 2010-435,2 k €↓
2009
Annual accounts 2009-202,6 k €↓
2008
Annual accounts 2008-105,8 k €↓
2007
Annual accounts 20076,3 k €↓
2006
Annual accounts 2006734,1 k €
02/07/1982
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BORALIT

Overview

What does BORALIT do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline