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Details

Company details

Enterprise number
0885.680.868
VAT number
BE 0885.680.868
Peppol ID
Not found in the Peppol Directory. Check it yourself
Legal form
Naamloze vennootschap
Start date
14/12/200619 years
AddressTerhulpsesteenweg 120
1000 Brussel
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Why

Is BOREAS DEVELOPMENT a healthy company?

At risk
  • Return on equityWeak

    The company makes little profit on the money its owners put in.

    −10.9%

  • Debt service coverageWeak

    What the company earns in a year barely covers that year's loan repayments, or falls short.

    −9.46×

  • Net cashWeak

    The company has more short-term bank debt than money in the bank.

    −€8

Based on the 2024 annual accounts, filed on 17/09/2025. View the annual accounts at the NBB

Creya method: information, not advice. How we calculate

Sector comparison

How does BOREAS DEVELOPMENT compare with its sector?

We set every ratio against similar companies, using the National Bank's sector figures.

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Key figures

Figures over the years

Gross margin 2024
−€22,019
Fell
Profit or loss 2024
−€13,059
−221%
Equity 2024
€120,108
−10%
Employees (FTE) 2024
Not published
Gross margin 2022–2024−103%
202220232024
Key figures per fiscal year
Fiscal year202420232022
Income statement
Gross margin−€22,019Fell−€21,733−103%€810,714
Operating result−€22,987Fell−€22,693−103%€809,846
Profit or loss−€13,059−221%€10,797−98%€603,163
Balance sheet
Equity€120,108−10%€133,166+9%€122,369
Total assets€148,258−6%€157,453−92%€2,095,363
Filed17/09/202520/01/2025In 2023

Amounts as filed with the National Bank. Small companies don't have to publish their revenue. 2022: previous fiscal year, as stated in the 2023 annual accounts.

Management

Who runs BOREAS DEVELOPMENT?

According to the annual accounts of 17/09/2025.

Directors3
1 company2 people
When did they join?Newest director in 2024

Directors (3)

  • Vincent BeckManaging directorsince 01/03/2024
  • Christophe Jacobs SRLDirectorsince 17/06/2022represented by Christophe Jacobs
  • Hervé BodinDirectorsince 17/06/2022

Auditor and accountant (1)

Credit limit

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Timeline

Filed annual accounts

Questions

Frequently asked questions about BOREAS DEVELOPMENT

Is BOREAS DEVELOPMENT a healthy company?

At risk. The latest annual accounts show serious weak points. Based on the 2024 annual accounts, filed on 17/09/2025.

What is the revenue of BOREAS DEVELOPMENT?

BOREAS DEVELOPMENT doesn't have to publish its revenue. The gross margin was −€22,019 in 2024.

How much profit does BOREAS DEVELOPMENT make?

The result of fiscal year 2024 was −€13,059.

Who manages BOREAS DEVELOPMENT?

According to the annual accounts of 17/09/2025: Vincent Beck, Christophe Jacobs SRL, Hervé Bodin.

What is the VAT number of BOREAS DEVELOPMENT?

The VAT number is BE 0885.680.868. The enterprise number is 0885.680.868.

Where is BOREAS DEVELOPMENT located?

Terhulpsesteenweg 120, 1000 Brussel.

What is the Peppol ID of BOREAS DEVELOPMENT?

We didn't find BOREAS DEVELOPMENT in the Peppol Directory. That doesn't prove the company isn't on Peppol: check it yourself in the directory.

When was BOREAS DEVELOPMENT founded?

The start date in the KBO is 14/12/2006.

Sources

Where do these numbers come from?

Something not right?