NORMAL SITUATION

BORNE

Financial year 2021 · closed on 31/12/2021
Net result
148,2 k €
+795.2% YoY
Gross margin
159 k €
+936.9% YoY
Equity
473,8 k €
+45.5% YoY

Company — Normal situation.

What does BORNE do?

BORNE is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0878.583.240
Legal form
Private company with limited liability
Contributed capital
12 400,00 €
Latest accounts
31/12/2021
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin159 k €-19 k €-18,5 k €-17,4 k €167,5 k €163,3 k €180,8 k €169,2 k €156,8 k €132,7 k €140,5 k €105,5 k €91,2 k €97,5 k €116,7 k €87 k €
EBITDA158,5 k €-19,6 k €-19 k €-17,8 k €147,6 k €95,7 k €111,4 k €93,1 k €118,8 k €63,9 k €73,4 k €39,3 k €51,3 k €60,8 k €67,1 k €54,9 k €
Operating result158,5 k €-19,6 k €-21,8 k €-20,6 k €144,6 k €95,3 k €110,7 k €91,1 k €114,1 k €61,4 k €70,5 k €36,4 k €49,8 k €59,1 k €66,1 k €53,9 k €
Net result148,2 k €-21,3 k €-24 k €-23,1 k €109,5 k €63,9 k €67,5 k €81,4 k €82,2 k €47,9 k €48,9 k €36,3 k €39,9 k €40,7 k €48,8 k €36,9 k €
Balance sheet
Equity473,8 k €325,6 k €346,9 k €370,9 k €610 k €525,5 k €475,9 k €422,1 k €360,8 k €304,1 k €257,7 k €210,3 k €175,5 k €137,2 k €98,1 k €49,3 k €
Total assets524 k €343 k €353,9 k €398,3 k €677,5 k €581,4 k €540,3 k €472,2 k €393 k €336,5 k €289,2 k €241,8 k €200 k €148,5 k €123,5 k €80 k €
Cash524 k €304,6 k €315,4 k €356,3 k €625,8 k €529,1 k €399,8 k €332 k €249,8 k €187 k €176,1 k €225,7 k €143,6 k €92,8 k €121 k €75,2 k €
Debts50,3 k €17,4 k €7 k €27,3 k €67,5 k €55,8 k €64,3 k €49,9 k €32 k €31,9 k €30,7 k €31,1 k €24,2 k €11,2 k €25,4 k €30,4 k €
Other
Workforce1,6 ETP1,6 ETP0,6 ETP1,6 ETP1,6 ETP1,6 ETP0,9 ETP1,3 ETP1,6 ETP1,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 1 ended

Active mandates

EDDIE VANDENBORNE

Director

Active

Ended mandates

EDDIE VANDENBORNE

Manager

Ended
Annual accounts

Full financial information

202120202019201820172016
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/04/202218/08/202123/07/202013/06/201917/05/201820/06/2017
General meeting16/03/202217/03/202118/03/202020/03/201921/03/201815/03/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202116/03/202229/04/2022DutchPDF
Micro model31/12/202017/03/202118/08/2021DutchPDF
Micro model31/12/201918/03/202023/07/2020DutchPDF
Micro model31/12/201820/03/201913/06/2019DutchPDF
Micro model31/12/201721/03/201817/05/2018DutchPDF
Micro model31/12/201615/03/201720/06/2017DutchPDF
Abridged model31/12/201516/03/201623/05/2016DutchPDF
Abridged model31/12/201418/03/201510/06/2015DutchPDF
Abridged model31/12/201319/03/201413/06/2014DutchPDF
Abridged model31/12/201220/03/201329/08/2013DutchPDF
Abridged model31/12/201121/03/201222/03/2012DutchPDF
Abridged model31/12/201016/03/201126/04/2011DutchPDF
Abridged model31/12/200917/03/201029/04/2010DutchPDF
Abridged model31/12/200818/03/200917/04/2009DutchPDF
Abridged model31/12/200719/03/200816/04/2008DutchPDF
Abridged model31/12/200621/03/200720/04/2007DutchPDF
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.

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 31/12/2021 · 1 active · 1 ended

Active mandates

EDDIE VANDENBORNE

Director

Active

Ended mandates

EDDIE VANDENBORNE

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2021
    Annual accounts 2021148,2 k €
  2. 2020
    Annual accounts 2020-21,3 k €
  3. 2019
    Annual accounts 2019-24 k €
  4. 2018
    Annual accounts 2018-23,1 k €
  5. 2017
    Annual accounts 2017109,5 k €
  6. 2016
    Annual accounts 201663,9 k €
  7. 2015
    Annual accounts 201567,5 k €
  8. 2014
    Annual accounts 201481,4 k €
  9. 2013
    Annual accounts 201382,2 k €
  10. 2012
    Annual accounts 201247,9 k €
  11. 2011
    Annual accounts 201148,9 k €
  12. 2010
    Annual accounts 201036,3 k €
  13. 2009
    Annual accounts 200939,9 k €
  14. 2008
    Annual accounts 200840,7 k €
  15. 2007
    Annual accounts 200748,8 k €
  16. 2006
    Annual accounts 200636,9 k €