2022 accounts filed 30 days after the deadline2022 figures too old to score
Bankruptcy probability
No current score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months12-2024: 1.3%lowest value01-2025: 2.0%▲ +0.7 percentage points vs 12-202402-2025: 2.0%● unchanged vs 01-202503-2025: 2.1%▲ +0.1 percentage points vs 02-2025highest value04-2025: 1.9%▼ -0.2 percentage points vs 03-202505-2025: 1.9%● unchanged vs 04-202506-2025: 1.9%● unchanged vs 05-202507-2025: 1.9%● unchanged vs 06-202508-2025: 1.9%● unchanged vs 07-202509-2025: 1.8%▼ -0.1 percentage points vs 08-202510-2025: 1.8%● unchanged vs 09-202511-2025: 1.8%● unchanged vs 10-202512-2025: 1.8%● unchanged vs 11-202501-2026: 1.8%● unchanged vs 12-202502-2026: 1.8%● unchanged vs 01-202603-2026: 1.8%● unchanged vs 02-202604-2026: 1.8%● unchanged vs 03-202605-2026: 1.8%● unchanged vs 04-202606-2026: 1.8%● unchanged vs 05-202607-2026: 1.8%● unchanged vs 06-202608-2026: 1.7%▼ -0.1 percentage points vs 07-202609-2026: 1.7%● unchanged vs 08-202610-2026: 1.7%● unchanged vs 09-202611-2026: 1.7%● unchanged vs 10-2026
Financial strength, FY 2022
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
Strong
84equity 58.9% of total assets
57short-term debt 41.1% · cash 21.3%
93return on assets 19.1%
Credit check for an amount and term of your choice
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
The company filed its 2022 accounts 30 days after the deadline. In the sector (NACE 46), the median for financial year 2022 was 3 days before the deadline, and 42% of those companies filed late.
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0748756460
Incorporation
Founding capital of €500, 100 shares · Founder: Philip van der Veeken · Appointment: Philip van der Veeken (manager) · published on 23-06-2020 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Boxhill: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €86,500 and €127,000, founded between 2019 and 2021.
The computed 12-month bankruptcy probability of Boxhill is 1.7% (moderate). The 2022 annual accounts show equity of €61,045 and a net result of €19,761.
Its solvency ranks better than 69% of 14,165 sector peers (NACE 46, financial year 2022). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €74,000 and €300,000.
Balance sheet
balance sheet total €103,630 on 31-12-2022
What the company ownsHow it is paid for
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
each dot is a set of accounts, on the day it reached the National Bank
2022 annual accounts filed 30 days after the deadline. Filed on 30 August 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00377653.
per financial year, computed from the annual accounts
Line
Trend
2022
26,455
20,215
60,494
58.9%
2.42
0.70
32.4%
19.1%
36.42
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on Boxhill
Debt's share of the balance-sheet total is 41.1%.
Board & ownership
Mandates through the years
Mandates through the years
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0748756460
2023
Annual accounts 2022 filedPDFmicro format · 30 days late
2020
IncorporationFounding capital of €500, 100 shares · Founder: Philip van der Veeken · Appointment: Philip van der Veeken (manager) · published on 23-06-20203 points ▸
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
PurposeThe purpose describes the activities the company may carry out under its articles.
“Voor eigen rekening; Voor rekening van derden; In deelneming met derden; Als vertegenwoordiger,agent,commissionair of tussenpersoon; De…”
15 activities
Voor eigen rekening
Voor rekening van derden
In deelneming met derden
Als vertegenwoordiger,agent,commissionair of tussenpersoon
De organisatie,medewerking aan en ondersteuning bij het organiseren van evenementen,wedstrijden,concerten en dergelijke meer met betrekking tot de culturele sector,zowel voor amateurs als professionelen
Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen
Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen
De aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen
Zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen
Alle zakelijke rechten op onroerende goederen,onder meer deze van erfpacht,opstal en vruchtgebruik verwerven,bezitten of toestaan
Onroerende goederen aan- en/of verkopen zowel in volle eigendom,naakte eigendom als in vruchtgebruik
Onroerende goederen huren en verhuren
Alle verrichtingen stellen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen
Betrokken zijn bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze,in de ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp
De aankoop,verkoop,import,export en het verhuur van alle soorten piano’s,klavieren en andere instrumenten,de toebehoren bij deze instrumenten,en de daarmee samenhangende diensten,waaronder maar niet beperkt tot,het advies over,het transport,de installatie en het onderhoud van deze instrumenten