BORAL
0468.608.681 · rovalta.com · 23/09/2026
NORMAL SITUATION
BORAL
Financial year 2025 · closed on 30/12/2025
Net result
9,3 k €
+5.4% YoY
Gross margin
11,4 k €
-18.6% YoY
Equity
91,8 k €
+11.3% YoY
Company — Normal situation.
Overview
What does BORAL do?
BORAL is a company registered in Belgium.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0468.608.681
Legal form
Private company with limited liability
Contributed capital
20 000,00 €
Latest accounts
30/12/2025
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
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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 | 11,4 k € | -18.6% | 14 k € | -14.5% | 16,4 k € | +26.8% | 12,9 k € | -15.2% | 15,3 k € | -24.9% | 20,3 k € | -9.0% | 22,4 k € | -10.7% | 25 k € | +40.7% | 17,8 k € | -18.1% | 21,7 k € | -23.8% | 28,5 k € | +807% | 3,1 k € | -71.8% | 11,1 k € | +16.8% | 9,5 k € | +928% | 928,6 € | -83.5% | 5,6 k € | -5.2% | 5,9 k € | -49.6% | 11,8 k € | -30.4% | 16,9 k € | -17.1% | 20,4 k € |
| EBITDA | 10,3 k € | -19.6% | 12,8 k € | -18.5% | 15,7 k € | +27.6% | 12,3 k € | -13.6% | 14,3 k € | -27.1% | 19,6 k € | -10.1% | 21,8 k € | -11.0% | 24,5 k € | +42.9% | 17,1 k € | -19.1% | 21,2 k € | -23.2% | 27,6 k € | +1023% | 2,5 k € | -76.3% | 10,3 k € | +17.4% | 8,8 k € | +3317% | 257,9 € | -94.8% | 4,9 k € | -5.8% | 5,2 k € | -53.1% | 11,1 k € | -27.8% | 15,4 k € | -22.5% | 19,9 k € |
| Operating result | 10,3 k € | -19.6% | 12,8 k € | -18.5% | 15,7 k € | +27.6% | 12,3 k € | -13.6% | 14,3 k € | -27.1% | 19,6 k € | -10.1% | 21,8 k € | -11.0% | 24,5 k € | +77.2% | 13,8 k € | -22.6% | 17,9 k € | -16.0% | 21,3 k € | +3998% | -545,2 € | -105% | 10,2 k € | +17.7% | 8,7 k € | +7571% | -115,8 € | -102% | 4,7 k € | +138% | -12,5 k € | -95.8% | -6,4 k € | -203% | -2,1 k € | -153% | 4 k € |
| Net result | 9,3 k € | +5.4% | 8,8 k € | -31.8% | 12,9 k € | +101% | 6,4 k € | -45.0% | 11,7 k € | -25.3% | 15,7 k € | +89.8% | 8,3 k € | -66.2% | 24,4 k € | +88.2% | 13 k € | -23.6% | 17 k € | -19.7% | 21,1 k € | +737% | -3,3 k € | -139% | 8,5 k € | -0.2% | 8,5 k € | -42.8% | 14,8 k € | +466% | -4 k € | +68.3% | -12,8 k € | -319% | -3 k € | -2.8% | -3 k € | -170% | 4,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 91,8 k € | +11.3% | 82,5 k € | +9.0% | 75,6 k € | +20.6% | 62,7 k € | +11.4% | 56,3 k € | +26.3% | 44,6 k € | +54.2% | 28,9 k € | +40.0% | 20,6 k € | +648% | -3,8 k € | +77.5% | -16,7 k € | +50.4% | -33,7 k € | +38.5% | -54,8 k € | -6.4% | -51,5 k € | +14.1% | -60 k € | +12.4% | -68,4 k € | +17.8% | -83,2 k € | -5.1% | -79,2 k € | -19.2% | -66,4 k € | -4.8% | -63,4 k € | -4.9% | -60,4 k € |
| Total assets | 99,9 k € | +15.4% | 86,6 k € | +4.8% | 82,6 k € | +19.1% | 69,4 k € | -2.0% | 70,8 k € | +36.6% | 51,8 k € | +7.1% | 48,4 k € | +6.7% | 45,4 k € | +45.4% | 31,2 k € | -25.6% | 41,9 k € | -35.0% | 64,5 k € | +69.5% | 38,1 k € | +2.8% | 37 k € | +14.7% | 32,3 k € | +60.4% | 20,1 k € | -26.8% | 27,5 k € | -6.6% | 29,4 k € | -35.4% | 45,6 k € | -27.2% | 62,6 k € | -23.3% | 81,6 k € |
| Cash | 96 k € | +31.9% | 72,8 k € | +8.6% | 67 k € | +126% | 29,7 k € | -13.0% | 34,1 k € | +71.4% | 19,9 k € | -28.5% | 27,8 k € | +79.9% | 15,5 k € | +115% | 7,2 k € | -7.0% | 7,7 k € | -32.2% | 11,4 k € | +11.5% | 10,2 k € | -16.9% | 12,3 k € | +76.5% | 7 k € | +62.0% | 4,3 k € | -38.3% | 7 k € | +2.7% | 6,8 k € | +13.6% | 6 k € | -6.6% | 6,4 k € | -46.9% | 12,1 k € |
| Debts | 2,7 k € | -35.3% | 4,1 k € | -41.4% | 7 k € | +4.8% | 6,7 k € | -54.1% | 14,6 k € | +99.8% | 7,3 k € | -62.7% | 19,5 k € | -21.1% | 24,7 k € | -29.3% | 35 k € | -40.4% | 58,7 k € | -40.3% | 98,3 k € | +5.7% | 92,9 k € | +4.9% | 88,6 k € | -4.0% | 92,3 k € | +4.2% | 88,6 k € | -20.0% | 110,7 k € | +1.9% | 108,6 k € | -3.0% | 112 k € | -11.1% | 126 k € | -11.3% | 142,1 k € |
Governance
Board of directors
Seen on filing of 30/12/2025 · 1 active
Active mandates
ROGER BORNAUW
ActiveFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Abridged model | Abridged model |
| Start of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Closing of the financial year | 30/12/2025 | 30/12/2024 | 30/12/2023 | 30/12/2022 | 30/12/2021 | 30/12/2020 |
| Length of the financial year | 13 months | 13 months | 13 months | 13 months | 13 months | 13 months |
| Filing date | 29/07/2026 | 30/07/2025 | 24/06/2024 | 28/06/2023 | 30/08/2022 | 02/08/2021 |
| General meeting | 30/03/2026 | 25/04/2025 | 26/04/2024 | 28/04/2023 | 29/04/2022 | 30/04/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
26 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/12/2025 | 30/03/2026 | 29/07/2026 | Dutch | |
| Micro model | 30/12/2024 | 25/04/2025 | 30/07/2025 | Dutch | |
| Micro model | 30/12/2023 | 26/04/2024 | 24/06/2024 | Dutch | |
| Micro model | 30/12/2022 | 28/04/2023 | 28/06/2023 | Dutch | |
| Abridged model | 30/12/2021 | 29/04/2022 | 30/08/2022 | Dutch | |
| Abridged model | 30/12/2020 | 30/04/2021 | 02/08/2021 | Dutch | |
| Abridged model | 30/12/2019 | 24/04/2020 | 29/05/2020 | Dutch | |
| Abridged model | 30/12/2018 | 26/04/2019 | 12/06/2019 | Dutch | |
| Abridged model | 30/12/2017 | 27/04/2018 | 29/06/2018 | Dutch | |
| Abridged model | 30/12/2016 | 28/04/2017 | 30/05/2017 | Dutch | |
| Abridged model | 30/12/2015 | 02/07/2016 | 10/08/2016 | Dutch | |
| Abridged model | 30/12/2014 | 24/04/2015 | 30/06/2015 | Dutch | |
| Abridged model | 30/12/2013 | 25/04/2014 | 30/06/2014 | Dutch | |
| Abridged model | 30/12/2012 | 26/04/2013 | 28/06/2013 | Dutch | |
| Abridged model | 30/12/2011 | 27/04/2012 | 27/06/2012 | Dutch | |
| Abridged model | 30/12/2010 | 29/04/2011 | 30/05/2011 | Dutch | |
| Abridged model | 30/12/2009 | 30/04/2010 | 23/06/2010 | Dutch | |
| Abridged model | 30/12/2008 | 24/04/2009 | 25/05/2009 | Dutch | |
| Abridged model | 30/12/2007 | 25/04/2008 | 12/06/2008 | Dutch | |
| Abridged model | 30/12/2006 | 27/04/2007 | 31/05/2007 | Dutch | |
| Abridged model | 30/12/2005 | 28/04/2006 | 01/06/2006 | Dutch | |
| Abridged model | 30/12/2004 | 29/04/2005 | 31/05/2005 | Dutch | |
| Abridged model | 30/12/2003 | 30/04/2004 | 01/06/2004 | Dutch | |
| Abridged model | 30/12/2002 | 25/04/2003 | 28/05/2003 | Dutch |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/12/2025 · 1 active
Active mandates
ROGER BORNAUW
ActiveShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20259,3 k €↑
- 2024Annual accounts 20248,8 k €↓
- 2023Annual accounts 202312,9 k €↑
- 2022Annual accounts 20226,4 k €↓
- 2021Annual accounts 202111,7 k €↓
- 2020Annual accounts 202015,7 k €↑
- 2019Annual accounts 20198,3 k €↓
- 2018Annual accounts 201824,4 k €↑
- 2017Annual accounts 201713 k €↓
- 2016Annual accounts 201617 k €↓
- 2015Annual accounts 201521,1 k €↑
- 2014Annual accounts 2014-3,3 k €↓
- 2013Annual accounts 20138,5 k €↓
- 2012Annual accounts 20128,5 k €↓
- 2011Annual accounts 201114,8 k €↑
- 2010Annual accounts 2010-4 k €↑
- 2009Annual accounts 2009-12,8 k €↓
- 2008Annual accounts 2008-3 k €↓
- 2007Annual accounts 2007-3 k €↓
- 2006Annual accounts 20064,2 k €