BOX-LOG
ActiveSummary
The computed 12-month bankruptcy probability of BOX-LOG is 3.7% (moderate). The 2024 annual accounts show negative equity (€-42k) and a net result of €-96k. Its solvency ranks better than 14% of 1306 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability23▼-32
Solvency23▼-6
Growth32
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 0.57 in 2023; short-term debt: 12.3% and cash: 0.6% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-2%
Return on assets
-4.5%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year €-42k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-42k
2023 · €53k
Total assets
€2.12M▲ 45.2%
2023 · €1.46M
Net result
€-96k
2023 · €33k
Working capital
€-193k▼ 108%
2023 · €-92k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result€75k-€-28k
Net result€33k-€-96k
Equity€53k-€-42k
Total assets€1.46M-€2.12M▲ 45.2%
Debt€1.41M-€2.16M▲ 53.7%
Working capital€-92k-€-193k▼ 108%
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 €28k after €75k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.12M
Fixed assets
€2.05M ▲ 53.4%
Current assets
€68k ▼ 44.9%
Key figures and ratios
EBITDA
€83k▼
2023 · €170k
Cash flow
€16k▼
2023 · €128k
Solvency
-2.0%▼
2023 · 3.7%
Current ratio
0.26▼
2023 · 0.57
Debt to equity
-51.19▼
2023 · 26.38
ROA
-4.5%▼
2023 · 2.3%
Interest coverage
1.23▼
2023 · 4.06
Debt ≤ 1 year
€260k▲
2023 · €216k
Debt > 1 year
€1.89M▲
2023 · €1.19M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Non-recurring operating income76A | €969 | €800 | ▼ 17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €95k | €112k | ▲ 17.6% |
| Other operating charges640/8 | €16k | €12k | ▼ 25.0% |
| Gross operating margin9900 | €187k | €96k | ▼ 48.7% |
| Operating profit (loss)9901 | €75k | €-28k | ▼ 137% |
| Financial income75/76B | €3 | €162 | ▲ 5,267% |
| Recurring financial income75 | €3 | €162 | ▲ 5,267% |
| Financial charges65/66B | €42k | €68k | ▲ 61.5% |
| Recurring financial charges65 | €42k | €68k | ▲ 61.5% |
| Profit (loss) for the period before taxes9903 | €33k | €-96k | ▼ 387% |
| Profit (loss) for the period9904 | €33k | €-96k | ▼ 387% |
| Profit (loss) for the period to be appropriated9905 | €33k | €-96k | ▼ 387% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.46M | €2.12M | ▲ 45.2% |
| Fixed assets21/28 | €1.34M | €2.05M | ▲ 53.4% |
| Tangible fixed assets22/27 | €1.34M | €2.05M | ▲ 53.4% |
| Land and buildings22 | €1.32M | €2.04M | ▲ 54.6% |
| Plant, machinery and equipment23 | €12k | €9k | ▼ 27.5% |
| Furniture and vehicles24 | €7k | €5k | ▼ 18.1% |
| Current assets29/58 | €123k | €68k | ▼ 44.9% |
| Amounts receivable within one year40/41 | €43k | €54k | ▲ 25.6% |
| Trade receivables40 | €33k | €42k | ▲ 28.6% |
| Other amounts receivable41 | €11k | €12k | ▲ 16.4% |
| Cash at bank and in hand54/58 | €80k | €13k | ▼ 83.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.46M | €2.12M | ▲ 45.2% |
| Equity10/15 | €53k | €-42k | ▼ 179% |
| Contributions10/11 | €20k | €20k | = |
| Reserves13 | €33k | €0 | ▼ 100% |
| Distributable reserves133 | €33k | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | €-62k | - |
| Amounts payable17/49 | €1.41M | €2.16M | ▲ 53.7% |
| Amounts payable after more than one year17 | €1.19M | €1.89M | ▲ 58.8% |
| Financial debts170/4 | €1.14M | €1.84M | ▲ 61.4% |
| Other amounts payable178/9 | €50k | €50k | = |
| Amounts payable within one year42/48 | €216k | €260k | ▲ 20.8% |
| Current portion of amounts payable after more than one year42 | €88k | €122k | ▲ 38.2% |
| Trade debts44 | €932 | €677 | ▼ 27.4% |
| Suppliers440/4 | €932 | €677 | ▼ 27.4% |
| Taxes, remuneration and social security45 | €2k | €12k | ▲ 548% |
| Taxes450/3 | €2k | €12k | ▲ 548% |
| Other amounts payable47/48 | €124k | €125k | ▲ 0.7% |
| Accrued charges and deferred income492/3 | - | €10k | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €-96k | ▼ 387% |
| + Depreciation and write-downs630 | €95k | €112k | ▲ 17.6% |
| Operating cash flow (approximation) | €128k | €16k | ▼ 87.6% |
| Investment in fixed assets (approximation) | - | €-827k | - |
| Change in cash | - | €-66k | - |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
NBB filing
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, Thuin · 1 establishment unit since 2022
Ground area
298 m²
Building footprint
94 m²
Volume, LiDAR
1,099 m³
Parcel 56078E0248/00W002, Wallonia · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BOX-LOG
since 20222.332.037.376
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56078E0248/00W002 ProtectedSite or landscape |
Wallonia | 298 m² | 1 · 94 m² | 13.8 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 1,031 companies in sector 52100 we hold annual accounts for 766. 325 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
Founded12-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
52100Warehousing and storage
68201Renting and operating of own or leased residential real estate, excluding social housing
68204Real estate activities
Scores and ratios are computed by Checked and are not a credit decision.