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BOXCO

Open bankruptcy
Public limited companyfounded 2005Venetiëlaan 30, 8530 Harelbeke, BelgiumKBO/BCE: BE 0874.529.234

A bankruptcy procedure is open for BOXCO according to publications in the Belgian State Gazette; curator: MAARTEN VINCKIER.

Summary

The 2023 annual accounts show equity of €24.9m and a net result of €46,635.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Kortrijk division
Declared bankrupt
21 October 2025
Supervising judge
Peter Herpels
Official Gazette
27-10-2025 (pdf) ↗search the document for 2025/143753

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-07-2024, 15 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
15 d early
2022
19 d early
2021
18 d early
2020
11 d early
2019
67 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 1 day after 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 June 2005, BOXCO was incorporated.1 Revenue went from EUR 46,088 in 2018 to EUR 16,081 in 2023.2 The company was declared bankrupt on 21 October 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 27-10-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, full schema, statutory accounts

Turnover
€16,081▼ 22.3%
2022 · €20,695
EBIT margin
-8.9%▼ 2.6pp
2022 · -6.3%
Net result
€46,635▲ 233%
2022 · €14,021
Working capital
-€19,975
2022 · €1,074
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
Line20192020202120222023
Turnover€19,538▼ 57.6%€18,548▼ 5.1%€18,089▼ 2.5%€20,695▲ 14.4%€16,081▼ 22.3%
Operating result-€1,397▲ 32.2%-€1,450▼ 3.7%-€1,286▲ 11.3%-€1,300▼ 1.1%-€1,435▼ 10.3%
Net result€15,916▲ 411%€15,456▼ 2.9%€13,515▼ 12.6%€14,021▲ 3.7%€46,635▲ 233%
EBIT margin-7.2%▼ 2.7pp-7.8%▼ 0.7pp-7.1%▲ 0.7pp-6.3%▲ 0.8pp-8.9%▼ 2.6pp
Equity€24.8m▲ 0.1%€24.9m▲ 0.1%€24.9m▲ 0.1%€24.9m▲ 0.1%€24.9m▲ 0.2%
Total assets€24.8m▼ 0.1%€24.9m▲ 0.1%€24.9m=€24.9m=€24.9m▲ 0.3%
Debt€8,636▼ 81.9%€13,944▲ 61.5%€12,139▼ 12.9%€6,961▼ 42.7%€23,444▲ 237%
Working capital-€1,436▲ 96.6%€354-€4,758€1,074-€19,975
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2019: -€1,397-€1,397Net result 2019: €15,916€15,916Operating result 2020: -€1,450-€1,450Net result 2020: €15,456€15,456Operating result 2021: -€1,286-€1,286Net result 2021: €13,515€13,515Operating result 2022: -€1,300-€1,300Net result 2022: €14,021€14,021Operating result 2023: -€1,435-€1,435Net result 2023: €46,635€46,63520192020202120222023-€20,000€0€20,000€40,000Operating result 2021: -€1,286-€1,290Net result 2021: €13,515€13,500Operating result 2022: -€1,300-€1,300Net result 2022: €14,021€14,000Operating result 2023: -€1,435-€1,430Net result 2023: €46,635€46,600202120222023
The operating result stays negative: a loss of €1,435 in 2023 against €1,300 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €24.9m
Fixed assets €24.9m ▲ 0.3%
Current assets €3,469 ▼ 56.8%
Equity and liabilities €24.9m
Equity €24.9m ▲ 0.2%
Debt €23,444 ▲ 237%
Debt's share of the balance-sheet total rises from 0.0% to 0.1%. Equity and debt are higher.
Key figures and ratios
2023 value · change against 2022
Current ratio
0.15▼
2022 · 1.15
Debt to equity
0.00▲
2022 · 0.00
ROE
0.2%▲
2022 · 0.1%
ROA
0.2%▲
2022 · 0.1%
Debt ≤ 1 year
€23,444▲
2022 · €6,961
Income taxes
€17,509▲
2022 · €4,450
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 50 lines
Balance sheet Code20222023
Assets
Total assets20/58€24.9m€24.9m▲
Fixed assets21/28€24.9m€24.9m▲
Financial fixed assets28€24.9m€24.9m▲
Affiliated companies280/1€24.9m€24.9m▲
Participating interests280€23.5m€23.5m=
Amounts receivable281€1.4m€1.4m▲
Current assets29/58€8,035€3,469▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€24€2,250▲
Trade receivables40-€1,400
Other amounts receivable41€24€850▲
Cash at bank and in hand54/58€8,010€1,219▼
Equity and liabilities
Total equity and liabilities10/49€24.9m€24.9m▲
Equity10/15€24.9m€24.9m▲
Contributions10/11€24.2m€24.2m=
Capital10€24.2m€24.2m=
Issued capital100€24.2m€24.2m=
Reserves13€35,250€37,650▲
Non-distributable reserves130/1€35,250€37,650▲
Legal reserve130€35,250€37,650▲
Profit (loss) carried forward14€606,979€651,213▲
Amounts payable17/49€6,961€23,444▲
Amounts payable within one year42/48€6,961€23,444▲
Trade debts44€2,461€1,515▼
Suppliers440/4€2,461€1,515▼
Taxes, remuneration and social security45€4,500€21,929▲
Taxes450/3€4,500€21,929▲
Income statement Code20222023
Operating income70/76A€20,695€16,081▼
Turnover70€20,695€16,081▼
Operating charges60/66A€21,996€17,516▼
Services and other goods61€21,016€16,440▼
Other operating charges640/8€980€1,075▲
Operating profit (loss)9901-€1,300-€1,435▼
Financial income75/76B€20,120€66,159▲
Recurring financial income75€20,120€66,159▲
Income from financial fixed assets750-€267
Income from current assets751€20,120€65,892▲
Financial charges65/66B€348€580▲
Recurring financial charges65€348€580▲
Other financial charges652/9€348€580▲
Profit (loss) for the period before taxes9903€18,471€64,144▲
Income taxes67/77€4,450€17,509▲
Taxes670/3€4,500€17,509▲
Tax adjustments and reversals of tax provisions77€50€0▼
Profit (loss) for the period9904€14,021€46,635▲
Profit (loss) for the period to be appropriated9905€14,021€46,635▲
Appropriation of the result
Profit (loss) to be appropriated9906€607,729€653,613▲
Profit (loss) brought forward from the previous period14P€593,708€606,979▲
Transfer to equity691/2€750€2,400▲
To the legal reserve6920€750€2,400▲

The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Operating income70/76A--€18,089€20,695€16,081▼ 22.3%
Turnover70€19,538€18,548€18,089€20,695€16,081▼ 22.3%
Operating charges60/66A--€19,375€21,996€17,516▼ 20.4%
Services and other goods61--€18,396€21,016€16,440▼ 21.8%
Other operating charges640/8--€979€980€1,075▲ 9.7%
Operating profit (loss)9901-€1,397-€1,450-€1,286-€1,300-€1,435▼ 10.3%
Financial income75/76B--€20,159€20,120€66,159▲ 229%
Recurring financial income75€24,506€22,748€20,159€20,120€66,159▲ 229%
Income from financial fixed assets750----€267-
Income from current assets751--€20,159€20,120€65,892▲ 228%
Financial charges65/66B--€323€348€580▲ 66.6%
Recurring financial charges65€344€187€323€348€580▲ 66.6%
Debt charges650€0-----
Other financial charges652/9--€323€348€580▲ 66.6%
Profit (loss) for the period before taxes9903€22,689€21,112€18,549€18,471€64,144▲ 247%
Income taxes67/77€6,773€5,655€5,034€4,450€17,509▲ 293%
Taxes670/3--€5,034€4,500€17,509▲ 289%
Tax adjustments and reversals of tax provisions77---€50€0▼ 100%
Profit (loss) for the period9904€15,916€15,456€13,515€14,021€46,635▲ 233%
Profit (loss) for the period to be appropriated9905€15,916€15,456€13,515€14,021€46,635▲ 233%
Line20192020202120222023Change
Assets
Total assets20/58€24.8m€24.9m€24.9m€24.9m€24.9m▲ 0.3%
Fixed assets21/28€24.8m€24.9m€24.9m€24.9m€24.9m▲ 0.3%
Financial fixed assets28€24.8m€24.9m€24.9m€24.9m€24.9m▲ 0.3%
Affiliated companies280/1--€24.9m€24.9m€24.9m▲ 0.3%
Participating interests280--€23.5m€23.5m€23.5m=
Amounts receivable281--€1.4m€1.4m€1.4m▲ 5.0%
Current assets29/58€7,200€14,298€7,381€8,035€3,469▼ 56.8%
Stocks and contracts in progress3€0€0€0€0€0-
Amounts receivable within one year40/41€5,275€10,556€11€24€2,250▲ 9,146%
Trade receivables40--€0-€1,400-
Other amounts receivable41--€11€24€850▲ 3,394%
Cash at bank and in hand54/58€1,926€3,741€7,370€8,010€1,219▼ 84.8%
Equity and liabilities
Total equity and liabilities10/49€24.8m€24.9m€24.9m€24.9m€24.9m▲ 0.3%
Equity10/15€24.8m€24.9m€24.9m€24.9m€24.9m▲ 0.2%
Contributions10/11€24.2m€24.2m€24.2m€24.2m€24.2m=
Capital10--€24.2m€24.2m€24.2m=
Issued capital100--€24.2m€24.2m€24.2m=
Reserves13€33,000€33,800€34,500€35,250€37,650▲ 6.8%
Non-distributable reserves130/1--€34,500€35,250€37,650▲ 6.8%
Legal reserve130--€34,500€35,250€37,650▲ 6.8%
Profit (loss) carried forward14€566,237€580,893€593,708€606,979€651,213▲ 7.3%
Amounts payable17/49€8,636€13,944€12,139€6,961€23,444▲ 237%
Amounts payable within one year42/48€8,636€13,944€12,139€6,961€23,444▲ 237%
Trade debts44€1,636€1,289€1,504€2,461€1,515▼ 38.4%
Suppliers440/4--€1,504€2,461€1,515▼ 38.4%
Taxes, remuneration and social security45--€10,634€4,500€21,929▲ 387%
Taxes450/3--€10,634€4,500€21,929▲ 387%
Line20192020202120222023Change
Profit (loss) for the period9904€15,916€15,456€13,515€14,021€46,635▲ 233%
Operating cash flow (approximation)€15,916€15,456€13,515€14,021€46,635▲ 233%
Investment in fixed assets (approximation)--€13,667-€18,627-€8,189-€67,684▼ 727%
Change in cash-€1,816€3,629€641-€6,792▼ 1,160%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
27-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 21-10-2025
2024
16-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €46,635 ▲233%
Net result €46,635, the highest in the series.
12-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
13-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
20-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
06-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 67 days late
2019
19-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
10-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
04-07
NBB filing Annual accounts filed
fiscal year 2017 · consolidated
2017
24-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
24-07
NBB filing Annual accounts filed
fiscal year 2016 · consolidated
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 22 acts read
About the unread acts

We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
22 acts for this company are 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, Harelbeke · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
6,903 m²
Building footprint
4,773 m²
Volume, LiDAR
31,246 m³
Parcel 34322B0675/00T000, Flanders · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
BOXCO
Venetiëlaan 30, 8530 HarelbekeNACE 74151
since 20052.148.372.430
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34322B0675/00T000 Flanders 6,903 m² 1 · 4,773 m² 12.6 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator MAARTEN VINCKIER
HOOGLEEDSESTEENWEG 7, 8800 ROESELARE
21-10-2025 → present

Structure & network

Owners and holdings

2 owners · 3 holdings · 4 subsidiaries in the tree

Chain of control

  1. Y CORR 97.07%
  2. BOXCO

Highest known parent: Y CORR. The sources do not say who stands above it.

Owners 2

Holdings 3

All subsidiaries, including indirect ones 4

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2023 annual accounts of BOXCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 3,426 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded17-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.