ACTIVE

Bordes

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Financial year 2025 · closed on 31/12/2025

Net result

254,4 k €

+53.7% YoY

Gross margin

731,7 k €

+10.2% YoY

Equity

1,4 M €

+22.7% YoY

Workforce

3,1 ETP

+3.3% YoY

What does Bordes do?

Bordes is a Private limited company incorporated in 2015. Its registered office is in Izegem. It employs on average 3,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0568.663.290

Incorporation

13/01/2015

Legal form

Private limited company

Registered office

Rijksweg 17
8870 Izegem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

3,1 ETP

Joint committees (3)

323
3230
32300

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015
Income statement
Gross margin	731,7 k €	+10.2%	664,2 k €	+20.2%	552,7 k €	-13.7%	640,7 k €	+4.8%	611,6 k €	+3.1%	593,4 k €	+52.8%	388,4 k €	+54.6%	251,2 k €	+290%	64,4 k €
EBITDA	505,1 k €	+2.4%	493,2 k €	+35.7%	363,4 k €	-15.2%	428,7 k €	+5.4%	406,8 k €	+3.3%	393,8 k €	+42.9%	275,7 k €	+26.9%	217,3 k €	+240%	64 k €
Operating result	214,8 k €	-21.9%	275,2 k €	+52.8%	180,1 k €	-12.7%	206,3 k €	-24.6%	273,5 k €	-4.3%	285,7 k €	+65.3%	172,9 k €	+5.1%	164,5 k €	+260%	45,7 k €
Net result	254,4 k €	+53.7%	165,5 k €	+91.2%	86,6 k €	-15.6%	102,6 k €	-53.0%	218,1 k €	+14.5%	190,5 k €	+57.0%	121,4 k €	-1.5%	123,2 k €	+220%	38,5 k €
Balance sheet
Equity	1,4 M €	+22.7%	1,1 M €	+17.3%	955,9 k €	+10.0%	869,3 k €	+13.4%	766,7 k €	+103%	377,1 k €	+87.0%	201,6 k €	+43.8%	140,2 k €	+198%	47,1 k €
Total assets	4,8 M €	+10.7%	4,3 M €	+14.8%	3,8 M €	+5.7%	3,6 M €	+13.6%	3,1 M €	+109%	1,5 M €	+52.9%	983,8 k €	+58.6%	620,4 k €	+416%	120,3 k €
Cash	777,5 k €	+86.3%	417,4 k €	+111%	197,6 k €	-29.9%	281,9 k €	-22.2%	362,2 k €	+6.7%	339,4 k €	+86.8%	181,7 k €	-38.4%	294,9 k €	+371%	62,6 k €
Debts	3,4 M €	+5.4%	3,2 M €	+14.1%	2,8 M €	+3.5%	2,7 M €	+13.7%	2,4 M €	+111%	1,1 M €	+46.6%	768,6 k €	+65.3%	464,9 k €	+537%	72,9 k €
Other
Workforce	3,1 ETP	+3.3%	3,0 ETP	-21.1%	3,8 ETP	-29.6%	5,4 ETP	+25.6%	4,3 ETP	+43.3%	3,0 ETP	+66.7%	1,8 ETP	+125%	0,8 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

B.R.O. INVEST

Director · since 12 novembre 2023 · 0835.627.482

Represented by Brecht Romel

Active

EDREM

Director · since 12 novembre 2023 · 0652.822.470

Represented by Stijn Romel

Active

Ended mandates

B.R.O. INVEST

Director · since 12 novembre 2023 · 0835.627.482

Represented by Brecht ROMEL

Ended

EDREM

Director · since 12 novembre 2023 · 0652.822.470

Represented by Stijn Romel

Ended

EDREM

Director · since 30 avril 2016 · 0652.822.470

Represented by Stijn ROMEL

Ended

Bordes

Director · since 13 janvier 2015 · 0568.663.290

Represented by Brecht ROMEL

Ended

At this address

Other companies at this address

Company	CBE no.
Padel Dôme● Active	0771.429.716

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	27/07/2026	31/07/2025	29/07/2024	18/07/2023	30/08/2022	26/08/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	31/07/2022	28/07/2021
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	30/06/2026	27/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	29/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	18/07/2023	Dutch	PDF
Abridged model	31/12/2021	31/07/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/07/2021	26/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	25/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	06/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	01/07/2016	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 14 ended

Active mandates

B.R.O. INVEST

Director · since 12 novembre 2023 · 0835.627.482

Represented by Brecht Romel

Active

EDREM

Director · since 12 novembre 2023 · 0652.822.470

Represented by Stijn Romel

Active

Ended mandates

B.R.O. INVEST

Director · since 12 novembre 2023 · 0835.627.482

Represented by Brecht ROMEL

Ended

EDREM

Director · since 12 novembre 2023 · 0652.822.470

Represented by Stijn Romel

Ended

EDREM

Director · since 30 avril 2016 · 0652.822.470

Represented by Stijn ROMEL

Ended

Bordes

Director · since 13 janvier 2015 · 0568.663.290

Represented by Brecht ROMEL

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/03/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other15/01/2015
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 2025254,4 k €↑
2024
Annual accounts 2024165,5 k €↑
2023
Annual accounts 202386,6 k €↓
2022
Annual accounts 2022102,6 k €↓
2021
Annual accounts 2021218,1 k €↑
2018
Annual accounts 2018190,5 k €↑
2017
Annual accounts 2017121,4 k €↓
2016
Annual accounts 2016123,2 k €↑
2015
Annual accounts 201538,5 k €
13/01/2015
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

Bordes

Overview

What does Bordes do?

Trend over 9 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