ACTIVE

Borremans

Financial year 2024 · closed on 31/12/2024
Net result
9,1 k €
-13.4% YoY
Gross margin
1,2 M €
+8.8% YoY
Equity
599,6 k €
-2.4% YoY
Workforce
23,6 ETP
0.0% YoY

What does Borremans do?

Borremans is a Public limited company incorporated in 1993. Its main activity is: Wholesale of meat and meat products. Its registered office is in Puurs-Sint-Amands. It employs on average 23,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0451.511.244
Incorporation
31/12/1993
Legal form
Public limited company
Registered office
Hemelrijken 6
2890 Puurs-Sint-Amands · FlandreSee on map
Contributed capital
265 000,00 €
Latest accounts
31/12/2024
Average workforce
23,6 ETP
Joint committees (2)
  • 119
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin1,2 M €1,1 M €1,2 M €1 M €198 k €267,3 k €267,8 k €275,6 k €382,2 k €401,9 k €361,3 k €380,4 k €356,1 k €402,5 k €519,7 k €393,5 k €487 k €566,3 k €
EBITDA242 k €197,5 k €234,1 k €113,8 k €-21 k €56,3 k €49,4 k €50,4 k €141 k €150,9 k €117,9 k €119,1 k €88 k €111,1 k €244,4 k €-15,5 k €186 k €191,7 k €
Operating result17,4 k €1,3 k €43,5 k €-36,5 k €-82 k €-6,6 k €-3,4 k €-12,5 k €66,4 k €95,7 k €50,4 k €51,3 k €12,5 k €26 k €156,4 k €-96,6 k €87,5 k €88 k €
Net result9,1 k €10,5 k €6,7 k €2,5 k €-6,6 k €-7,6 k €-6 k €-33 k €44,5 k €64,8 k €31,9 k €29 k €21,7 k €11,4 k €121,7 k €-44,1 k €57,9 k €60 k €
Balance sheet
Equity599,6 k €614,5 k €651,7 k €675,7 k €427,3 k €511,7 k €519,4 k €525,3 k €558,4 k €553,9 k €489,1 k €557,2 k €528,3 k €506,5 k €495,2 k €380,1 k €624,2 k €566,3 k €
Total assets4,6 M €3,6 M €3,5 M €3,5 M €628,3 k €730,3 k €754,1 k €782,6 k €796 k €832,5 k €773,8 k €924,2 k €930,5 k €912,4 k €880,8 k €881 k €1,1 M €1,1 M €
Cash346 k €273 k €279,5 k €119,6 k €20,5 k €91,1 k €128,7 k €158,1 k €83,4 k €159,7 k €97,9 k €91,9 k €57,8 k €71,3 k €85,7 k €110 k €67 k €47,3 k €
Debts4 M €3 M €2,8 M €2,8 M €201 k €218,6 k €234,8 k €242,6 k €237,7 k €278,6 k €284,7 k €365,1 k €400,4 k €405,9 k €385,7 k €500,3 k €444,3 k €474,8 k €
Other
Workforce23,6 ETP23,6 ETP23,4 ETP17,5 ETP5,0 ETP5,7 ETP6,2 ETP6,4 ETP6,4 ETP6,5 ETP6,6 ETP7,2 ETP7,4 ETP7,4 ETP7,3 ETP7,3 ETP8,1 ETP10,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 14 ended

Active mandates

Frans BORREMANS

Bestuurder · since 01 novembre 2024 · until 14 juin 2030

Active
Hans BORREMANS

Bestuurder · since 01 novembre 2024 · until 14 juin 2030

Active
Timothy BORREMANS

Bestuurder · since 01 novembre 2024 · until 14 juin 2030

Active
Wim BORREMANS

Bestuurder · since 01 novembre 2024 · until 14 juin 2030

Active

Ended mandates

Frans BORREMANS

Bestuurder · since 11 décembre 2020 · until 11 décembre 2026

Ended
Hans BORREMANS

Bestuurder · since 11 décembre 2020 · until 11 décembre 2026

Ended
Timothy BORREMANS

Bestuurder · since 11 décembre 2020 · until 11 décembre 2026

Ended
TIMOTHY BORREMANS

Director · since 01 juillet 2020 · until 30 juin 2026

Ended
At this address

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0668.455.902
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0887.052.924
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/04/202001/04/201901/04/2018
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/03/202031/03/2019
Length of the financial year12 months12 months12 months21 months12 months12 months
Filing date21/10/202516/10/202407/10/202303/08/202230/09/202016/09/2019
General meeting30/09/202516/10/202409/06/202310/05/202211/09/202013/09/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/09/202521/10/2025DutchPDF
Abridged model31/12/202316/10/202416/10/2024DutchPDF
Abridged model31/12/202209/06/202307/10/2023DutchPDF
Abridged model31/12/202110/05/202203/08/2022DutchPDF
Abridged model31/03/202011/09/202030/09/2020DutchPDF
Abridged model31/03/201913/09/201916/09/2019DutchPDF
Abridged model31/03/201814/09/201825/10/2018DutchPDF
Abridged model31/03/201708/09/201729/09/2017DutchPDF
Abridged model31/03/201609/09/201603/10/2016DutchPDF
Abridged model31/03/201511/09/201514/09/2015DutchPDF
Abridged model31/03/201412/09/201423/09/2014DutchPDF
Abridged model31/03/201313/09/201322/10/2013DutchPDF
Abridged model31/03/201214/09/201218/09/2012DutchPDF
Abridged model31/03/201109/09/201126/09/2011DutchPDF
Abridged model31/03/201001/07/201002/07/2010DutchPDF
Abridged model31/03/200911/09/200901/10/2009DutchPDF
Abridged model31/03/200830/09/200820/10/2008DutchPDF
Abridged model31/03/200714/09/200721/09/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2024 · 4 active · 14 ended

Active mandates

Frans BORREMANS

Bestuurder · since 01 novembre 2024 · until 14 juin 2030

Active
Hans BORREMANS

Bestuurder · since 01 novembre 2024 · until 14 juin 2030

Active
Timothy BORREMANS

Bestuurder · since 01 novembre 2024 · until 14 juin 2030

Active
Wim BORREMANS

Bestuurder · since 01 novembre 2024 · until 14 juin 2030

Active

Ended mandates

Frans BORREMANS

Bestuurder · since 11 décembre 2020 · until 11 décembre 2026

Ended
Hans BORREMANS

Bestuurder · since 11 décembre 2020 · until 11 décembre 2026

Ended
Timothy BORREMANS

Bestuurder · since 11 décembre 2020 · until 11 décembre 2026

Ended
TIMOTHY BORREMANS

Director · since 01 juillet 2020 · until 30 juin 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/02/2022
    BENAMING
    PDF
  • Mandates16/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates16/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/05/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2005
    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

Timeline

  1. 2024
    Annual accounts 20249,1 k €
  2. 2023
    Annual accounts 202310,5 k €
  3. 2022
    Annual accounts 20226,7 k €
  4. 2021
    Annual accounts 20212,5 k €
  5. 2020
    Annual accounts 2020-6,6 k €
  6. 2019
    Annual accounts 2019-7,6 k €
  7. 2018
    Annual accounts 2018-6 k €
  8. 2017
    Annual accounts 2017-33 k €
  9. 2016
    Annual accounts 201644,5 k €
  10. 2015
    Annual accounts 201564,8 k €
  11. 2014
    Annual accounts 201431,9 k €
  12. 2013
    Annual accounts 201329 k €
  13. 2012
    Annual accounts 201221,7 k €
  14. 2011
    Annual accounts 201111,4 k €
  15. 2010
    Annual accounts 2010121,7 k €
  16. 2009
    Annual accounts 2009-44,1 k €
  17. 2008
    Annual accounts 200857,9 k €
  18. 2007
    Annual accounts 200760 k €
  19. 31/12/1993
    IncorporationPublic limited company