BOX-IT
ActiveSummary
BOX-IT has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €14,499 and a net result of -€4,690. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-65
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 22.29 against 12.24 in 2023; short-term debt: 2.7% and cash: 59.3% of total assets), and 2.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
97.3%
Return on assets
-31.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
22 d early
2022
35 d early
2021
66 d early
2020
34 d early
2019
57 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€14,499▼ 24.4%
2023 · €19,189
Total assets
€14,895▼ 26.8%
2023 · €20,356
Net result
-€4,690
2023 · €2,275
Working capital
€8,431▼ 35.7%
2023 · €13,121
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€1,005€2,651€1,414▼ 46.7%€3,538▲ 150%-€4,643
Net result-€1,038below the sector's middle half€1,941below the sector's middle half€619below the sector's middle half▼ 68.1%€2,275below the sector's middle half▲ 268%-€4,690below the sector's middle half
Equity€14,354below the sector's middle half▼ 6.7%€16,295below the sector's middle half▲ 13.5%€16,914below the sector's middle half▲ 3.8%€19,189below the sector's middle half▲ 13.5%€14,499below the sector's middle half▼ 24.4%
Total assets€14,729below the sector's middle half▼ 5.3%€17,070below the sector's middle half▲ 15.9%€17,795below the sector's middle half▲ 4.2%€20,356below the sector's middle half▲ 14.4%€14,895below the sector's middle half▼ 26.8%
Debt€375▲ 142%€775▲ 107%€881▲ 13.7%€1,167▲ 32.5%€396▼ 66.1%
Working capital€8,286▼ 11.1%€10,227▲ 23.4%€10,846▲ 6.1%€13,121▲ 21.0%€8,431▼ 35.7%
Solvency97.5%above the sector's middle half▼ 1.5pp95.5%above the sector's middle half▼ 2.0pp95.0%above the sector's middle half▼ 0.4pp94.3%above the sector's middle half▼ 0.8pp97.3%above the sector's middle half▲ 3.1pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4,643 after €3,538 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €14,895
Fixed assets
€6,068 =
Current assets
€8,827 ▼ 38.2%
Equity and liabilities €14,895
Equity
€14,499 ▼ 24.4%
Debt
€396 ▼ 66.1%
Debt's share of the balance-sheet total falls from 5.7% to 2.7%. Equity and debt are lower.
Key figures and ratios
Current ratio
22.29▲
2023 · 12.24
Debt to equity
0.03▼
2023 · 0.06
ROE
-32.3%▼
2023 · 11.9%
ROA
-31.5%▼
2023 · 11.2%
Debt ≤ 1 year
€396▼
2023 · €1,167
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
14%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,827 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €1,201 | €1,219 | €1,021 | €1,786 | ▲ 74.9% |
| Gross operating margin9900 | €129 | €3,852 | €2,633 | €4,559 | -€2,857 | ▼ 163% |
| Operating profit (loss)9901 | -€1,005 | €2,651 | €1,414 | €3,538 | -€4,643 | ▼ 231% |
| Financial charges65/66B | - | €35 | €589 | €48 | €47 | ▼ 2.1% |
| Recurring financial charges65 | €33 | €35 | €589 | €48 | €47 | ▼ 2.1% |
| Non-recurring financial charges66B | - | - | €589 | €48 | - | - |
| Profit (loss) for the period before taxes9903 | -€1,038 | €2,616 | €825 | €3,490 | -€4,690 | ▼ 234% |
| Income taxes67/77 | - | €675 | €206 | €1,215 | - | - |
| Profit (loss) for the period9904 | -€1,038 | €1,941 | €619 | €2,275 | -€4,690 | ▼ 306% |
| Profit (loss) for the period to be appropriated9905 | -€1,038 | €1,941 | €619 | €2,275 | -€4,690 | ▼ 306% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14,729 | €17,070 | €17,795 | €20,356 | €14,895 | ▼ 26.8% |
| Formation expenses20 | - | €0 | - | - | - | - |
| Fixed assets21/28 | €6,068 | €6,068 | €6,068 | €6,068 | €6,068 | = |
| Tangible fixed assets22/27 | €6,068 | €6,068 | €6,068 | €6,068 | €6,068 | = |
| Land and buildings22 | - | €6,068 | €6,068 | €6,068 | €6,068 | = |
| Current assets29/58 | €8,661 | €11,002 | €11,727 | €14,288 | €8,827 | ▼ 38.2% |
| Amounts receivable within one year40/41 | €1,252 | €2,424 | - | - | - | - |
| Trade receivables40 | - | €2,424 | - | - | - | - |
| Cash at bank and in hand54/58 | €7,409 | €8,578 | €11,727 | €14,288 | €8,827 | ▼ 38.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14,729 | €17,070 | €17,795 | €20,356 | €14,895 | ▼ 26.8% |
| Equity10/15 | €14,354 | €16,295 | €16,914 | €19,189 | €14,499 | ▼ 24.4% |
| Contributions10/11 | €13,015 | €13,015 | €13,015 | €13,015 | €13,015 | = |
| Capital10 | - | €13,015 | €13,015 | €13,015 | €13,015 | = |
| Issued capital100 | - | €19,336 | €19,336 | €19,336 | €19,336 | = |
| Uncalled capital101 | - | €6,321 | €6,321 | €6,321 | €6,321 | = |
| Reserves13 | €1,166 | €3,166 | €3,666 | €5,866 | €5,866 | = |
| Non-distributable reserves130/1 | - | €1,166 | €1,166 | €1,166 | €1,166 | = |
| Legal reserve130 | - | €1,166 | €1,166 | €1,166 | €1,166 | = |
| Distributable reserves133 | - | €2,000 | €2,500 | €4,700 | €4,700 | = |
| Profit (loss) carried forward14 | €173 | €114 | €233 | €308 | -€4,382 | ▼ 1,523% |
| Amounts payable17/49 | €375 | €775 | €881 | €1,167 | €396 | ▼ 66.1% |
| Amounts payable within one year42/48 | €375 | €775 | €881 | €1,167 | €396 | ▼ 66.1% |
| Trade debts44 | €375 | €100 | - | €16 | €396 | ▲ 2,375% |
| Suppliers440/4 | - | €100 | - | €16 | €396 | ▲ 2,375% |
| Taxes, remuneration and social security45 | - | €675 | €881 | €1,151 | - | - |
| Taxes450/3 | - | €675 | €881 | €1,151 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,038 | €1,941 | €619 | €2,275 | -€4,690 | ▼ 306% |
| Operating cash flow (approximation) | -€1,038 | €1,941 | €619 | €2,275 | -€4,690 | ▼ 306% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €1,169 | €3,149 | €2,561 | -€5,461 | ▼ 313% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€4,690
Net result drops to -€4,690, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1,941
Net result €1,941 after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €2,902
Net result €2,902 after one loss-making year.
31-12
Financial
Liquidity times 11current ratio 61.15
Current ratio from 5.65 to 61.15; short-term debt falls from €1,382 to €155.
29-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ninove · 1 establishment unit since 1995
Ground area
1,417 m²
Building footprint
222 m²
Volume, LiDAR
1,295 m³
Parcel 41049A0265/00E000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Leopoldstraat(Oke) 100, 9400 Ninove
since 19952.073.882.368
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41049A0265/00E000 | Flanders | 1,417 m² | 1 · 222 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 5,712 companies in sector 70100 we hold annual accounts for 3,504. 1,405 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-09-1995
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0456163878
Registered
20-11-2020
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.