ACTIVE

BORSON

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Financial year 2025 · closed on 31/12/2025

Net result

-15,3 k €

-350.8% YoY

Gross margin

49 k €

-34.4% YoY

Equity

249,3 k €

-5.8% YoY

What does BORSON do?

BORSON is a Private limited company incorporated in 1997. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Affligem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0459.988.648

Incorporation

07/02/1997

Legal form

Private limited company

Registered office

Bellestraat 29
1790 Affligem · FlandreSee on map

Contributed capital

37 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

45113Sale of cars and light motor vehicles· main 47811Retail sale via stalls and markets of food, beverages and tobacco products 50103Sea and coastal passenger water transport

Signals

Solid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	49 k €	-34.4%	74,7 k €	+34.2%	55,7 k €	-47.8%	106,8 k €	-20.1%	133,7 k €	+140%	55,7 k €	+204%	18,3 k €	-51.8%	38,1 k €	-70.6%	129,5 k €	+96.9%	65,8 k €	+30.2%	50,5 k €	+15.3%	43,8 k €	+309%	10,7 k €	-23.2%	14 k €	+326%	3,3 k €	-91.7%	39,4 k €	-25.2%	52,6 k €	-28.3%	73,3 k €	+120%	33,3 k €	-49.5%	66,1 k €
EBITDA	42,2 k €	-27.7%	58,4 k €	+12.0%	52,1 k €	-49.9%	104,1 k €	-17.9%	126,9 k €	+229%	38,5 k €	+220%	12 k €	-62.8%	32,3 k €	-74.1%	124,9 k €	+111%	59,3 k €	+30.3%	45,5 k €	+11.9%	40,7 k €	+353%	9 k €	-29.8%	12,8 k €	+573%	1,9 k €	-95.0%	37,8 k €	-16.9%	45,4 k €	-37.2%	72,3 k €	+121%	32,7 k €	-49.7%	65,1 k €
Operating result	1,5 k €	-95.1%	30,5 k €	+47.3%	20,7 k €	-75.8%	85,3 k €	-0.1%	85,4 k €	+257%	23,9 k €	+79.5%	13,3 k €	+180%	4,8 k €	-94.0%	78,9 k €	+99.1%	39,7 k €	+32.0%	30 k €	+9.2%	27,5 k €	+241%	-19,6 k €	+15.7%	-23,2 k €	+2.2%	-23,7 k €	-302%	11,8 k €	-23.4%	15,3 k €	-72.5%	55,8 k €	+75.5%	31,8 k €	-47.8%	60,9 k €
Net result	-15,3 k €	-351%	6,1 k €	+1131%	494,5 €	-99.1%	52,1 k €	+6.4%	49 k €	+266%	13,4 k €	+12480%	106,4 €	+101%	-8,2 k €	-118%	45,9 k €	+51.4%	30,3 k €	+30.9%	23,2 k €	+12.1%	20,7 k €	+178%	-26,7 k €	+11.6%	-30,2 k €	-18.4%	-25,5 k €	-1077%	2,6 k €	-38.9%	4,3 k €	-60.1%	10,7 k €	-50.0%	21,4 k €	-59.1%	52,2 k €
Balance sheet
Equity	249,3 k €	-5.8%	264,6 k €	+2.4%	258,5 k €	+0.2%	258 k €	+25.3%	205,9 k €	+31.2%	156,9 k €	+9.3%	143,5 k €	+0.1%	143,4 k €	-5.4%	151,6 k €	+43.4%	105,8 k €	+40.2%	75,4 k €	+44.3%	52,3 k €	+65.4%	31,6 k €	-45.7%	58,3 k €	-34.1%	88,4 k €	-22.4%	113,9 k €	+2.3%	111,3 k €	+4.0%	107 k €	+11.1%	96,3 k €	+28.5%	75 k €
Total assets	570 k €	-7.0%	613,1 k €	+0.4%	610,6 k €	-6.8%	654,8 k €	+9.3%	599,3 k €	+1.7%	589,4 k €	-11.8%	667,9 k €	+15.9%	576,1 k €	-22.3%	741,8 k €	-0.1%	742,5 k €	+36.8%	542,6 k €	+42.7%	380,3 k €	-2.4%	389,6 k €	-12.9%	447,1 k €	+72.4%	259,3 k €	-20.2%	325,1 k €	+4.9%	309,8 k €	+7.7%	287,7 k €	+29.2%	222,6 k €	-18.9%	274,6 k €
Cash	197,3 k €	+116%	91,5 k €	-60.9%	234,2 k €	+422%	44,8 k €	-76.6%	191,5 k €	-9.8%	212,4 k €	+52.4%	139,3 k €	+251%	39,7 k €	-24.8%	52,8 k €	-66.6%	157,8 k €	+32.7%	118,9 k €	+93.1%	61,6 k €	+170%	22,8 k €	+400%	4,6 k €	-94.6%	84,4 k €	+25.0%	67,5 k €	+69.1%	39,9 k €	+4.8%	38,1 k €	+3.5%	36,8 k €	+1265%	2,7 k €
Debts	320,7 k €	-8.0%	348,5 k €	-1.0%	352,1 k €	-11.3%	396,8 k €	+0.9%	393,4 k €	-9.0%	432,5 k €	-17.5%	524,4 k €	+21.2%	432,7 k €	-26.6%	589,8 k €	-7.4%	636,7 k €	+36.3%	467,2 k €	+42.4%	328 k €	-8.4%	358 k €	-7.9%	388,8 k €	+128%	170,9 k €	-19.1%	211,2 k €	+6.4%	198,5 k €	+9.9%	180,6 k €	+43.1%	126,3 k €	-36.6%	199,3 k €

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 · 1 active · 2 ended

Active mandates

David Van Den Borre

Director

Active

Ended mandates

David VAN DEN BORRE

Manager

Ended

Sophie Wauters

Director

Ended

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	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	31/08/2026	29/09/2025	29/08/2024	25/08/2023	31/08/2022	17/09/2021
General meeting	03/08/2026	01/09/2025	31/07/2024	24/08/2023	30/08/2022	15/09/2021
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	03/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	01/09/2025	29/09/2025	Dutch	PDF
Abridged model	31/12/2023	31/07/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	24/08/2023	25/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/08/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	15/09/2021	17/09/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	09/10/2020	Dutch	PDF
Abridged model	31/12/2018	02/04/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	03/04/2018	30/05/2018	Dutch	PDF
Abridged model	31/12/2016	04/04/2017	26/07/2017	Dutch	PDF
Abridged model	31/12/2015	05/05/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	07/05/2015	27/07/2015	Dutch	PDF
Abridged model	31/12/2013	07/05/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/05/2013	22/07/2013	Dutch	PDF
Abridged model	31/12/2011	03/04/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	05/04/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	06/04/2010	30/04/2010	Dutch	PDF
Abridged model	31/12/2008	07/04/2009	25/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	18/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	31/08/2007	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 · 1 active · 2 ended

Active mandates

David Van Den Borre

Director

Active

Ended mandates

David VAN DEN BORRE

Manager

Ended

Sophie Wauters

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2018
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/12/2015
MAATSCHAPPELIJKE ZETEL
PDF
Other07/03/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office16/04/2007
MAATSCHAPPELIJKE ZETEL
PDF
Registered office19/07/2005
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares27/01/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates29/11/2004
MAATSCHAPPELIJKE ZETEL - BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BOEKJAAR - 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 2025-15,3 k €↓
2024
Annual accounts 20246,1 k €↑
2023
Annual accounts 2023494,5 €↓
2022
Annual accounts 202252,1 k €↑
2021
Annual accounts 202149 k €↑
2020
Annual accounts 202013,4 k €↑
2019
Annual accounts 2019106,4 €↑
2018
Annual accounts 2018-8,2 k €↓
2017
Annual accounts 201745,9 k €↑
2016
Annual accounts 201630,3 k €↑
2015
Annual accounts 201523,2 k €↑
2014
Annual accounts 201420,7 k €↑
2013
Annual accounts 2013-26,7 k €↑
2012
Annual accounts 2012-30,2 k €↓
2011
Annual accounts 2011-25,5 k €↓
2010
Annual accounts 20102,6 k €↓
2009
Annual accounts 20094,3 k €↓
2008
Annual accounts 200810,7 k €↓
2007
Annual accounts 200721,4 k €↓
2006
Annual accounts 200652,2 k €
07/02/1997
IncorporationPrivate 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

BORSON

Overview

What does BORSON do?

Trend over 20 financial years

Indicative valuation

Board of directors

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