ACTIVE

BOROZO

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Financial year 2025 · closed on 31/12/2025

Net result

865,9 k €

-1.0% YoY

Gross margin

1,2 M €

-1.9% YoY

Equity

5 M €

+21.0% YoY

Workforce

2,8 ETP

+12.0% YoY

What does BOROZO do?

BOROZO is a Private limited company incorporated in 2014. Its main activity is: Manufacture of doors and windows of metal. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 2,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0556.659.838

Incorporation

16/07/2014

Legal form

Private limited company

Registered office

Schaarbeekstraat(MEL) 19
9120 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

60 000,00 €

Latest accounts

31/12/2025

Average workforce

2,8 ETP

Activities (NACE)

25120Manufacture of doors and windows of metal· main 25120Manufacture of doors and windows of metal 43240Electrical, plumbing and other construction installation activities 43299Other construction installation 25120Manufacture of doors and windows of metal 25120Manufacture of doors and windows of metal

Joint committees (4)

111
11101
209
20900

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	1,2 M €	-1.9%	1,2 M €	+11.5%	1,1 M €	+13.5%	956,9 k €	+10.8%	863,4 k €	+23.2%	700,8 k €	+10.4%	634,8 k €	+22.1%	519,8 k €	+62.1%	320,7 k €	-29.8%	457,1 k €	+33.0%	343,6 k €
EBITDA	1 M €	-6.4%	1,1 M €	+27.5%	847,2 k €	+13.0%	749,5 k €	+10.9%	675,9 k €	+27.4%	530,5 k €	+19.3%	444,8 k €	+13.1%	393,3 k €	+71.5%	229,3 k €	-38.1%	370,2 k €	+39.5%	265,3 k €
Operating result	996,7 k €	-6.5%	1,1 M €	+29.6%	822,6 k €	+14.3%	719,6 k €	+11.3%	646,6 k €	+29.0%	501,4 k €	+20.9%	414,6 k €	+31.0%	316,4 k €	+53.5%	206,2 k €	-41.1%	350 k €	+46.1%	239,6 k €
Net result	865,9 k €	-1.0%	874,9 k €	+37.0%	638,6 k €	+14.3%	558,5 k €	+11.3%	501,6 k €	+22.5%	409,6 k €	+30.8%	313,1 k €	+37.5%	227,8 k €	+55.5%	146,5 k €	-38.5%	238,3 k €	+45.1%	164,2 k €
Balance sheet
Equity	5 M €	+21.0%	4,1 M €	+26.9%	3,3 M €	+24.4%	2,6 M €	+27.1%	2,1 M €	+32.2%	1,6 M €	+35.6%	1,1 M €	+37.4%	836,8 k €	+37.4%	609 k €	+31.7%	462,5 k €	+106%	224,2 k €
Total assets	5,1 M €	+20.6%	4,2 M €	+27.1%	3,3 M €	+23.2%	2,7 M €	+28.2%	2,1 M €	+30.4%	1,6 M €	+32.6%	1,2 M €	+32.0%	924 k €	+24.7%	740,9 k €	-1.0%	748,2 k €	+63.8%	456,7 k €
Cash	4,6 M €	+1943%	226,5 k €	+24.8%	181,4 k €	-90.8%	2 M €	+22.7%	1,6 M €	+31.3%	1,2 M €	+62.5%	753,4 k €	+77.3%	424,8 k €	+75.8%	241,6 k €	+163%	91,9 k €	-43.1%	161,4 k €
Debts	108,4 k €	+5.5%	102,7 k €	+36.8%	75,1 k €	-10.6%	84 k €	+72.1%	48,8 k €	-16.0%	58,2 k €	-16.6%	69,8 k €	-20.1%	87,3 k €	-33.9%	132 k €	-53.8%	285,7 k €	+29.6%	220,4 k €
Other
Workforce	2,8 ETP	+12.0%	2,5 ETP	-40.5%	4,2 ETP	+10.5%	3,8 ETP	+8.6%	3,5 ETP	0.0%	3,5 ETP	+6.1%	3,3 ETP	+10.0%	3,0 ETP	+57.9%	1,9 ETP	-9.5%	2,1 ETP	+40.0%	1,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Ciara Bollaert

Director · since 01 janvier 2024

Active

Gino Bollaert

Director · since 07 juin 2023

Active

Ended mandates

Gino Bollaert

Director

Ended

Gino Bollaert

Manager

Ended

At this address

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GNC● Active	0873.153.913
GROEP MIRAFLOR● Active	0639.791.214
MANICOR● Active	0836.504.343
MIRAFLOR● Active	0892.924.887
VME Bedrijvenpark 16, Den Goeronde Heye te 9120 Beveren-Melsele● Active	0629.737.460
X-GIN● Bankrupt	0650.677.681

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	05/07/2026	05/07/2025	27/06/2024	30/06/2023	29/07/2022	30/07/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	05/07/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	05/07/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	27/06/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	23/07/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	25/07/2016	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Ciara Bollaert

Director · since 01 janvier 2024

Active

Gino Bollaert

Director · since 07 juin 2023

Active

Ended mandates

Gino Bollaert

Director

Ended

Gino Bollaert

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other15/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates09/04/2024
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/05/2019
MAATSCHAPPELIJKE ZETEL
PDF
Other18/07/2014
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025865,9 k €↓
2024
Annual accounts 2024874,9 k €↑
2023
Annual accounts 2023638,6 k €↑
2022
Annual accounts 2022558,5 k €↑
2021
Annual accounts 2021501,6 k €↑
2020
Annual accounts 2020409,6 k €↑
2019
Annual accounts 2019313,1 k €↑
2018
Annual accounts 2018227,8 k €↑
2017
Annual accounts 2017146,5 k €↓
2016
Annual accounts 2016238,3 k €↑
2015
Annual accounts 2015164,2 k €
16/07/2014
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

BOROZO

Overview

What does BOROZO do?

Trend over 11 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