About Boreas Development
Boreas Development is a public limited company (NV/SA) based in Brussel, founded in 2006. For the 2024 financial year, Boreas Development reported a loss of €13,059. A year earlier, in 2023, it still made a profit of €10,797. Revenue was not published, which is common for abbreviated accounts. The gross margin came to -€22,019. Equity stands at €120,108, a solvency ratio of 81%. In 2007 it was €1.3 million. 18 annual accounts are available, covering 2007 to 2024.
- Activities
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No results found
- Signals
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Reporting lossesReporting losses € -23K
The company reported a loss in the latest financial year.
Negative cashflowNegative cashflow € -13KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -23KEBITDA is negative: operating activities are loss-making.
Strong equityStrong equity € 120KStrong equity provides a buffer against setbacks.
Low riskLow risk 81.0%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 5.27A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Financial ratios
|
|
2024
|
2023
|
2022
|
2021
|
|---|---|---|---|---|
|
€
-22K
|
€
-22K
|
€
811K
|
|
|
|
€
-23K
|
€
-23K
|
€
810K
|
€
3.78M
|
|
|
€
-13K
|
€
11K
|
€
603K
|
€
3.13M
|
|
|
€
120K
|
€
133K
|
€
122K
|
€
619K
|
|
|
81.01%
|
84.57%
|
5.84%
|
12.21%
|
|
|
€
28K
|
€
24K
|
€
1.97M
|
€
4.45M
|
|
|
€
77
|
€
11K
|
€
21K
|
€
4.27M
|
Publications 21
All publications- Demissions, Nominations 11/04/2024
- Demissions, Nominations 15/09/2022
- Statuts (Traduction, Coordination, Autres Modifications, ) 07/06/2022
- Demissions, Nominations 13/10/2021
- Demissions, Nominations 22/10/2018
Frequently asked questions
Answers to the most common questions about Boreas Development, based on official government data and the filed annual accounts.
What is the VAT number of Boreas Development?
The VAT number of Boreas Development is BE0885.680.868.
When was Boreas Development established?
Boreas Development was founded in 14-12-2006.
What is the official address of Boreas Development?
The official address of Boreas Development is Terhulpsesteenweg 120 Brussel 1000.
What is the legal form of Boreas Development?
The juridical form of Boreas Development is Public limited company (NV/SA).
What is the annual revenue of Boreas Development?
The 2024 accounts of Boreas Development do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Boreas Development a reliable company?
Boreas Development is a registered Rechtspersoon with company number 0885.680.868 and can be verified through the official CBE database.
What is the credit limit of Boreas Development?
The estimated credit limit of Boreas Development is €5,855.
Is Boreas Development still active?
Boreas Development currently has the status "Normal situation" and is active.