ACTIVE

BORGES CONSTRUCT

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Financial year 2024 · closed on 31/12/2024

Net result

11,1 k €

-69.8% YoY

Gross margin

22,3 k €

-55.5% YoY

Equity

80 k €

+16.0% YoY

What does BORGES CONSTRUCT do?

BORGES CONSTRUCT is a Private limited company incorporated in 2019. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Forest.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0719.991.408

Incorporation

08/02/2019

Legal form

Private limited company

Registered office

Rue des Anciens Etangs 40
1190 Forest · BruxellesSee on map

Contributed capital

2 000,00 €

Latest accounts

31/12/2024

Activities (NACE)

43230Electrical, plumbing and other construction installation activities· main 43291Other construction installation 43120Site preparation 43120Site preparation 43240Electrical, plumbing and other construction installation activities 43299Other construction installation

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 6 financial years

	2024		2023		2022		2021		2020		2019
Income statement
Gross margin	22,3 k €	-55.5%	50,2 k €	+1769%	-3 k €	-110%	30 k €	+10.9%	27 k €	+31.7%	20,5 k €
EBITDA	21,8 k €	-56.0%	49,5 k €	+716%	-8 k €	-128%	28,7 k €	+15.8%	24,8 k €	+27.6%	19,4 k €
Operating result	15,3 k €	-66.6%	45,8 k €	+497%	-11,5 k €	-154%	21,3 k €	+8.9%	19,6 k €	+19.2%	16,4 k €
Net result	11,1 k €	-69.8%	36,6 k €	+411%	-11,8 k €	-182%	14,3 k €	-3.9%	14,9 k €	+15.4%	12,9 k €
Balance sheet
Equity	80 k €	+16.0%	69 k €	+113%	32,3 k €	-26.7%	44,1 k €	+48.0%	29,8 k €	+99.9%	14,9 k €
Total assets	98,9 k €	+17.6%	84 k €	+89.8%	44,3 k €	-44.5%	79,8 k €	+79.8%	44,4 k €	+37.0%	32,4 k €
Cash	30,9 k €	+31.9%	23,5 k €	+132%	10,1 k €	-22.9%	13,1 k €	+926%	1,3 k €	-85.2%	8,6 k €
Debts	18,8 k €	+24.8%	15,1 k €	+25.9%	12 k €	-66.5%	35,7 k €	+145%	14,6 k €	-16.6%	17,5 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 31/12/2024 · 3 active · 4 ended

Active mandates

José Luis BORGES ARAUJO

Mandate

Active

Manuel Caetano BORGES DE ARAUJO

Mandate

Active

Pedro Miguel BORGES DE ARAUJO

Mandate

Active

Ended mandates

Manuel Caetano Borges de Araujo

Manager

Ended

Manuel Caetano BORGES DE ARAUJO

Director

Ended

Pedro Miguel Borges de Araujo

Manager

Ended

Pedro Miguel BORGES DE ARAUJO

Director

Ended

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Abridged model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	08/02/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	11 months
Filing date	25/07/2025	18/09/2024	07/08/2023	18/07/2022	27/09/2021	06/07/2020
General meeting	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021	26/06/2020
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

6 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	27/06/2025	25/07/2025	French	PDF
Micro model	31/12/2023	28/06/2024	18/09/2024	French	PDF
Micro model	31/12/2022	30/06/2023	07/08/2023	French	PDF
Abridged model	31/12/2021	24/06/2022	18/07/2022	French	PDF
Micro model	31/12/2020	25/06/2021	27/09/2021	French	PDF
Micro model	31/12/2019	26/06/2020	06/07/2020	French	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 31/12/2024 · 3 active · 4 ended

Active mandates

José Luis BORGES ARAUJO

Mandate

Active

Manuel Caetano BORGES DE ARAUJO

Mandate

Active

Pedro Miguel BORGES DE ARAUJO

Mandate

Active

Ended mandates

Manuel Caetano Borges de Araujo

Manager

Ended

Manuel Caetano BORGES DE ARAUJO

Director

Ended

Pedro Miguel Borges de Araujo

Manager

Ended

Pedro Miguel BORGES DE ARAUJO

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/05/2024
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates20/12/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates09/10/2023
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Other12/02/2019
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2024
Annual accounts 202411,1 k €↓
2023
Annual accounts 202336,6 k €↑
2022
Annual accounts 2022-11,8 k €↓
2021
Annual accounts 202114,3 k €↓
2020
Annual accounts 202014,9 k €↑
2019
Annual accounts 201912,9 k €
08/02/2019
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

BORGES CONSTRUCT

Overview

What does BORGES CONSTRUCT do?

Trend over 6 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