BOXDESIGN
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 17-03-2026.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
15 d early
2023
97 d early
2022
96 d early
2021
3 d early
2020
80 d early
2019
79 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 55 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Which other companies belong to the same group?FORESCO · 21 companies
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€10.3m▼ 35.2%
2024 · €15.9m
EBIT margin
7.1%▼ 3.6pp
2024 · 10.7%
Net result
€622,334▼ 52.3%
2024 · €1.3m
Working capital
€2.4m▲ 38.1%
2024 · €1.7m
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
Line20212022202320242025
Turnover€15.9m€10.3m▼ 35.2%
Operating result€212,199▼ 70.9%€1.3m▲ 501%€1.3m▲ 0.8%€1.7m▲ 32.0%€732,249▼ 56.9%
Net result€174,368▼ 68.2%€980,200▲ 462%€965,587▼ 1.5%€1.3m▲ 35.1%€622,334▼ 52.3%
EBIT margin10.7%7.1%▼ 3.6pp
Equity€1.4m▲ 13.9%€908,283▼ 36.4%€492,601▼ 45.8%€1.8m▲ 265%€2.4m▲ 34.6%
Total assets€2.3m▲ 22.0%€3.8m▲ 67.1%€2.6m▼ 32.6%€2.7m▲ 6.3%€3.7m▲ 33.6%
Debt€859,962▲ 38.2%€2.9m▲ 239%€2.1m▼ 28.4%€943,282▼ 54.8%€1.2m▲ 31.7%
Working capital€1.3m▲ 17.8%€762,524▼ 43.0%€392,282▼ 48.6%€1.7m▲ 341%€2.4m▲ 38.1%
Staff (FTE)3.4▼ 12.8%3▼ 11.8%3.3▲ 10.0%2.9▼ 12.1%2.9=
Why a figure moved sharply
- 2025 Net result -52% on 2024. The previous fiscal year ran 18 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.7m
Fixed assets
€34,600 ▼ 50.2%
Current assets
€3.6m ▲ 35.8%
Equity and liabilities €3.7m
Equity
€2.4m ▲ 34.6%
Debt
€1.2m ▲ 31.7%
Debt's share of the balance-sheet total falls from 34.4% to 33.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€762,486▼
2024 · €1.7m
Cash flow
€652,571▼
2024 · €1.3m
Current ratio
2.93▲
2024 · 2.84
Quick ratio
2.75▲
2024 · 2.58
Debt to equity
0.51▼
2024 · 0.52
ROE
25.7%▼
2024 · 72.6%
ROA
17.0%▼
2024 · 47.6%
Interest coverage
32.19▲
2024 · 29.01
Debt ≤ 1 year
€1.2m▲
2024 · €941,182
Income taxes
€218,962▼
2024 · €463,246
Staff costs
€276,060▼
2024 · €443,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €16.0m | €10.3m | ▼ 35.4% |
| Turnover70 | - | - | - | €15.9m | €10.3m | ▼ 35.2% |
| Other operating income74 | - | - | - | €43,374 | €9,541 | ▼ 78.0% |
| Non-recurring operating income76A | - | €7,091 | - | €19,581 | - | - |
| Operating charges60/66A | - | - | - | €14.3m | €9.6m | ▼ 32.9% |
| Goods for resale, raw materials and consumables60 | - | - | - | €13.4m | €9.0m | ▼ 32.4% |
| Purchases600/8 | - | - | - | €13.4m | €9.0m | ▼ 32.5% |
| Change in stocks: decrease (increase)609 | - | - | - | -€4,179 | €14,141 | ▲ 438% |
| Services and other goods61 | - | - | - | €438,749 | €239,763 | ▼ 45.4% |
| Remuneration, social security and pensions62 | - | €124,930 | €180,217 | €443,000 | €276,060 | ▼ 37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,135 | €34,986 | €50,503 | €38,752 | €30,237 | ▼ 22.0% |
| Other operating charges640/8 | - | €2,798 | €1,840 | €3,620 | €2,677 | ▼ 26.1% |
| Non-recurring operating charges66A | - | - | - | - | €4,631 | - |
| Gross operating margin9900 | €382,585 | €1.4m | €1.5m | - | - | - |
| Operating profit (loss)9901 | €212,199 | €1.3m | €1.3m | €1.7m | €732,249 | ▼ 56.9% |
| Financial income75/76B | - | €79,741 | €66,185 | €129,573 | €132,733 | ▲ 2.4% |
| Recurring financial income75 | €49,569 | €79,741 | €66,185 | €129,573 | €132,733 | ▲ 2.4% |
| Income from current assets751 | - | - | - | €1,573 | - | - |
| Other financial income752/9 | - | - | - | €128,000 | €132,733 | ▲ 3.7% |
| Financial charges65/66B | - | €39,921 | €51,574 | €59,881 | €23,686 | ▼ 60.4% |
| Recurring financial charges65 | €22,964 | €39,921 | €51,574 | €59,881 | €23,686 | ▼ 60.4% |
| Other financial charges652/9 | - | - | - | €59,881 | €23,686 | ▼ 60.4% |
| Profit (loss) for the period before taxes9903 | €238,805 | €1.3m | €1.3m | €1.8m | €841,296 | ▼ 52.4% |
| Income taxes67/77 | €64,437 | €335,541 | €335,607 | €463,246 | €218,962 | ▼ 52.7% |
| Taxes670/3 | - | - | - | €467,371 | €227,586 | ▼ 51.3% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €4,125 | €8,624 | ▲ 109% |
| Profit (loss) for the period9904 | €174,368 | €980,200 | €965,587 | €1.3m | €622,334 | ▼ 52.3% |
| Profit (loss) for the period to be appropriated9905 | €174,368 | €980,200 | €965,587 | €1.3m | €622,334 | ▼ 52.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.3m | €3.8m | €2.6m | €2.7m | €3.7m | ▲ 33.6% |
| Fixed assets21/28 | €90,603 | €150,759 | €108,473 | €69,468 | €34,600 | ▼ 50.2% |
| Tangible fixed assets22/27 | €90,454 | €150,610 | €108,324 | €69,319 | €34,451 | ▼ 50.3% |
| Plant, machinery and equipment23 | - | €2,769 | €1,055 | - | - | - |
| Furniture and vehicles24 | - | €140,123 | €101,095 | €64,689 | €34,451 | ▼ 46.7% |
| Other tangible fixed assets26 | - | €7,718 | €6,174 | €4,631 | - | - |
| Financial fixed assets28 | €149 | €149 | €149 | €149 | €149 | = |
| Other financial fixed assets284/8 | - | - | - | €149 | €149 | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €149 | €149 | = |
| Current assets29/58 | €2.2m | €3.7m | €2.5m | €2.7m | €3.6m | ▲ 35.8% |
| Stocks and contracts in progress3 | €141,050 | €282,443 | €237,462 | €241,641 | €227,499 | ▼ 5.9% |
| Stocks30/36 | - | €282,443 | €237,462 | €241,641 | €227,499 | ▼ 5.9% |
| Goods purchased for resale34 | - | - | - | €241,641 | €227,499 | ▼ 5.9% |
| Amounts receivable within one year40/41 | €921,595 | €1.6m | €1.4m | €1.6m | €3.2m | ▲ 109% |
| Trade receivables40 | - | €1.6m | €1.4m | €1.6m | €1.1m | ▼ 28.3% |
| Other amounts receivable41 | - | €7 | - | - | €2.1m | - |
| Cash at bank and in hand54/58 | €1.1m | €1.7m | €778,874 | €874,704 | €155,262 | ▼ 82.2% |
| Deferred charges and accrued income490/1 | - | €8,948 | €8,341 | €4,690 | €2,518 | ▼ 46.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.3m | €3.8m | €2.6m | €2.7m | €3.7m | ▲ 33.6% |
| Equity10/15 | €1.4m | €908,283 | €492,601 | €1.8m | €2.4m | ▲ 34.6% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €287,473 | €287,473 | €155,028 | €155,028 | €155,028 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | €285,614 | €153,169 | €155,028 | €155,028 | = |
| Profit (loss) carried forward14 | €1.1m | €602,218 | €318,980 | €1.6m | €2.2m | ▲ 38.3% |
| Amounts payable17/49 | €859,962 | €2.9m | €2.1m | €943,282 | €1.2m | ▲ 31.7% |
| Amounts payable within one year42/48 | €859,962 | €2.9m | €2.1m | €941,182 | €1.2m | ▲ 31.6% |
| Trade debts44 | €640,542 | €1.1m | €485,990 | €534,952 | €666,209 | ▲ 24.5% |
| Suppliers440/4 | - | €1.1m | €485,990 | €534,952 | €666,209 | ▲ 24.5% |
| Taxes, remuneration and social security45 | - | €300,439 | €205,981 | €406,230 | €572,022 | ▲ 40.8% |
| Taxes450/3 | - | €279,806 | €176,815 | €366,438 | €545,686 | ▲ 48.9% |
| Remuneration and social security454/9 | - | €20,633 | €29,166 | €39,792 | €26,336 | ▼ 33.8% |
| Other amounts payable47/48 | - | €1.5m | €1.4m | - | - | - |
| Accrued charges and deferred income492/3 | - | €5,000 | €8,154 | €2,100 | €4,200 | ▲ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €174,368 | €980,200 | €965,587 | €1.3m | €622,334 | ▼ 52.3% |
| + Depreciation and write-downs630 | €31,135 | €34,986 | €50,503 | €38,752 | €30,237 | ▼ 22.0% |
| Operating cash flow (approximation) | €205,503 | €1.0m | €1.0m | €1.3m | €652,571 | ▼ 51.4% |
| Investment in fixed assets (approximation) | - | -€95,142 | -€8,217 | €253 | €4,631 | ▲ 1,731% |
| Change in cash | - | €601,399 | -€957,322 | €95,829 | -€719,442 | ▼ 851% |
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
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
25-03
State Gazette act
Restructuring · End & cessationPermanent representative: DE QUINNEMAR Cédric · Merger · Dissolution9 facts ▸
State Gazette act
Restructuring · End & cessation
Permanent representative: DE QUINNEMAR Cédric · Merger · Dissolution9 facts ▸
- General meeting, 17/03/2026
- Merger, 17/03/2026
- Dissolution, 17-03-2026
- Accounting effect, 01/01/2026
- Director discharge, PONNET Jan
- Director discharge, FORESCO GROUP
- Permanent representative, DE QUINNEMAR Cédric
- Power of attorney, Wout Hooyberghs
- Power of attorney, Ad-ministerie BV
2025
31-12
Financial
Equity above €2mEq €2.4m ▲34.6%
7 profitable years in a row build equity to €2.4m.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2019net €1.3m ▲35.1%
Operating result €1.7m, net result €1.3m, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.84
Current ratio from 1.19 to 2.84; short-term debt falls from €2.1m to €941,182.
31-12
Financial
Equity above €1mEq €1.8m ▲265%
6 profitable years in a row build equity to €1.8m.
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet €174,368 ▼68.2%
Net result drops to €174,368, the lowest in the series.
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
30-06
Financial
Equity above €1mEq €1.3m ▲77.6%
2 profitable years in a row build equity to €1.3m.
2019
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
01-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Structure & network
Part of the group
FORESCO
21 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- FORESCO
- FORESCO GROUP
- Foresco BE
- CORPACK
- BOXDESIGN
Highest known parent: FORESCO. The sources do not say who stands above it.
Owners 1
- CORPACKparentSourceaccounts CORPACK 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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.
Acquisitions and mergers
1 transactionTaken over by:CORPACK