ACTIVE

BOREALIS FINANCIAL SERVICES

Financial year 2025 · Closed on 31/12/2025

Net result11,5 M €-21,6 %over 1 year

Revenue1,4 M €+36,9 %over 1 year

Equity226,4 M €+5,4 %over 1 year

Identity

Source · BCE/KBO

BOREALIS FINANCIAL SERVICES is a Public limited company incorporated in 1994. Its main activity is: Other activities auxiliary to financial services, except insurance and pension funding. Its registered office is in Mechelen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0452.160.253
Incorporation: 23/02/1994
Legal form: Public limited company
Registered office: Schaliënhoevedreef 20 box G
2800 Mechelen · FlandreSee on map
Contributed capital: 99 189 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

66199Other activities auxiliary to financial services, except insurance and pension funding· main 66199Other activities auxiliary to financial services, except insurance and pension funding

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 21 filings

Trend over 17 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	1,4 M €	+36.9%	1 M €	-39.5%	1,7 M €	+23.8%	1,4 M €	+20.4%	1,2 M €
EBITDA	653,3 k €	+115%	304,4 k €	-41.8%	522,7 k €	+7.1%	488,3 k €	+13.3%	431,1 k €
Operating result	653,3 k €	+115%	304,4 k €	-41.8%	522,7 k €	+7.1%	488,3 k €	+13.3%	431,1 k €
Net result	11,5 M €	-21.6%	14,7 M €	+28.2%	11,5 M €	+339%	2,6 M €	+58.7%	1,6 M €
Balance sheet
Equity	226,4 M €	+5.4%	214,9 M €	+7.3%	200,2 M €	+6.1%	188,7 M €	+1.4%	186,1 M €
Total assets	378,5 M €	+28.3%	294,9 M €	-58.0%	701,6 M €	+40.4%	499,8 M €	-44.9%	906,9 M €
Cash	14,6 M €	-36.3%	23 M €	-90.6%	243,5 M €	+152%	96,6 M €	-13.8%	112,1 M €
Debts	152,1 M €	+116%	70,3 M €	-86.0%	501,2 M €	+61.1%	311,1 M €	-56.8%	720,5 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eddy Jacqmotte	Director11/07/2025 → 11/05/2032
Koen Timmermans	Director19/11/2009 → 11/05/2027
Koen Peeters	Director01/12/2014 → 12/05/2026
Nathalie Rigouts	Director04/03/2014 → 03/03/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Reginald Van Peteghem	Director08/03/2013 → 2013 accounts
Eddie Van den Eede	Director19/11/2009 → 2013 accounts
Philippe Van Haren	Director31/12/2008 → 19/11/2009

Other companies at this address

Schaliënhoevedreef 20 2800 Mechelen

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ArboPro● Active	1005.201.102
BAS DISTRIBUTION● Bankrupt	0457.292.345
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Blue Projects● Active	0676.893.318
Bright Lights● Active	1015.457.663
Bring Belgium● Active	0544.573.044
Business Park Management Maasmechelen● Active	0781.675.092
CBR Fashion Belgium● Active	0456.521.986
Cleaning Hero● Active	1025.028.395
COCHLEAR BENELUX● Active	0439.545.206
CTD.Services● Active	0780.805.359
DigiCert Europe Belgium● Active	0537.698.318
Dime Software● Active	0825.131.389
DRIVE MANAGEMENT● Active	0890.697.748
DRIVE SYSTEMS● Active	0448.751.791
ECOTONE Belgique● Active	0760.716.560
Electricity Solutions● Active	1031.438.909
Elugie● Bankrupt	0844.789.628
Equilima BVBA● Bankrupt	0721.778.483
ERIC-ICT● Active	0774.433.350

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/09/2026	10/06/2025	13/06/2024	10/03/2023	17/03/2022	15/03/2021
General meeting	12/05/2026	13/05/2025	14/05/2024	07/03/2023	01/03/2022	02/03/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full modelCorrection	31/12/2025	12/05/2026	07/09/2026	Dutch	PDF
Full model	31/12/2025	12/05/2026	11/06/2026	Dutch	PDF
Full model	31/12/2024	13/05/2025	10/06/2025	Dutch	PDF
Full model	31/12/2023	14/05/2024	13/06/2024	Dutch	PDF
Full model	31/12/2022	07/03/2023	10/03/2023	Dutch	PDF
Full model	31/12/2021	01/03/2022	17/03/2022	Dutch	PDF
Full model	31/12/2020	02/03/2021	15/03/2021	Dutch	PDF
Full model	31/12/2019	09/03/2020	16/03/2020	Dutch	PDF
Full model	31/12/2018	05/03/2019	21/03/2019	Dutch	PDF
Full model	31/12/2017	06/03/2018	13/03/2018	Dutch	PDF
Full model	31/12/2016	07/03/2017	13/03/2017	Dutch	PDF
Full model	31/12/2015	01/03/2016	11/03/2016	Dutch	PDF
Full model	31/12/2014	03/03/2015	09/03/2015	Dutch	PDF
Full model	31/12/2013	04/03/2014	21/03/2014	Dutch	PDF
Full model	31/12/2012	05/03/2013	18/03/2013	Dutch	PDF
Full model	31/12/2011	06/03/2012	14/03/2012	Dutch	PDF
Full model	31/12/2010	01/03/2011	21/03/2011	Dutch	PDF
Full model	31/12/2009	02/03/2010	30/03/2010	Dutch	PDF
Full model	31/12/2008	03/03/2009	30/03/2009	Dutch	PDF
Full model	31/12/2007	04/03/2008	13/03/2008	Dutch	PDF
Full model	31/12/2006	06/03/2007	16/03/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eddy Jacqmotte	Director11/07/2025 → 11/05/2032
Koen Timmermans	Director19/11/2009 → 11/05/2027
Koen Peeters	Director01/12/2014 → 12/05/2026
Nathalie Rigouts	Director04/03/2014 → 03/03/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Reginald Van Peteghem	Director08/03/2013 → 2013 accounts
Eddie Van den Eede	Director19/11/2009 → 2013 accounts
Philippe Van Haren	Director31/12/2008 → 19/11/2009

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/06/2026
DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other08/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates31/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/05/2020
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings17 filings

Mandates

Eddy Jacqmotte

Koen Timmermans

Nathalie Rigouts

Koen Peeters

Reginald Van Peteghem

Eddie Van den Eede

Philippe Van Haren

Markku Tapani Korvanranta

199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029203020312032

BOREALIS FINANCIAL SERVICES

Schaliënhoevedreef 20 bte G, 2800 Mechelen

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Schaliënhoevedreef 20 bte G, 2800 MechelenCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00509774

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BOREALIS FINANCIAL SERVICESCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00509774

Events

12/05/2026
reconductionKoen Peeters · bestuurder
12/05/2026
nominationHerwig Carmans · vaste vertegenwoordiger (commissaris)
2025
Annual accounts 202511,5 M €↓
14/07/2025
nominationEddy Jacqmotte · bestuurder
2024
Annual accounts 202414,7 M €↑
2023
Annual accounts 202311,5 M €↑
07/03/2023
nominationKPMG Bedrijfsrevisoren BVISRL · commissaris
07/03/2023
nominationHerwig Carmans · vaste vertegenwoordiger
2022
Annual accounts 20222,6 M €↑
2021
Annual accounts 20211,6 M €↑
2020
Annual accounts 2020512,4 k €↓
2019
Annual accounts 20191,6 M €↑
2018
Annual accounts 2018653,4 k €↓
2017
Annual accounts 20172,2 M €↓
2015
Annual accounts 20155,7 M €↓
2014
Annual accounts 20146,5 M €↓
2013
Annual accounts 20139,3 M €↓
2012
Annual accounts 201211,1 M €↑
2011
Annual accounts 201111 M €↑
2010
Annual accounts 20106,9 M €↑
2009
Annual accounts 20095,8 M €↑
2008
Annual accounts 20085,6 M €
23/02/1994
IncorporationPublic limited company

BOREALIS FINANCIAL SERVICES

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events