BOXPLUS
ActiveSummary
BOXPLUS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-5k) and a net result of €-79k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 11% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-23
Solvency23▼-26
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.92 against 1.37 in 2024; short-term debt: 101.2% and cash: 1.5% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-2.2%
Return on assets
-35.8%
Age of the figures
9 mo
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-5k
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
13 d late
2023
8 d late
2022
31 d early
2021
16 d early
2020
31 d late
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-5k
2024 · €74k
2018: €66k
2019: €67k▲ +0.1% vs 2018
2020: €87k▲ +30.6% vs 2019
2021: €82k▼ -5.7% vs 2020
2022: €115k▲ +40.1% vs 2021highest in 8 years
2023: €107k▼ -6.8% vs 2022
2024: €74k▼ -31.0% vs 2023
2025: €-5k▼ -107% vs 2024lowest in 8 years
2018 → 2025
Total assets
€220k▼ 28.5%
2024 · €308k
2018: €515k
2019: €539k▲ +4.7% vs 2018highest in 8 years
2020: €358k▼ -33.6% vs 2019
2021: €334k▼ -6.7% vs 2020
2022: €347k▲ +3.7% vs 2021
2023: €287k▼ -17.1% vs 2022
2024: €308k▲ +7.2% vs 2023
2025: €220k▼ -28.5% vs 2024lowest in 8 years
2018 → 2025
Net result
€-79k▼ 1,850%
2024 · €-4k
2018: €30k
2019: €65▼ -99.8% vs 2018
2020: €20k▲ +31065% vs 2019
2021: €-5k▼ -124% vs 2020
2022: €143k▲ +2974% vs 2021highest in 8 years
2023: €-8k▼ -105% vs 2022
2024: €-4k▲ +48.3% vs 2023
2025: €-79k▼ -1850% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-18k
2024 · €81k
2018: €98k
2019: €99k▲ +0.1% vs 2018
2020: €119k▲ +20.3% vs 2019
2021: €112k▼ -5.1% vs 2020
2022: €147k▲ +30.5% vs 2021highest in 8 years
2023: €142k▼ -3.6% vs 2022
2024: €81k▼ -43.0% vs 2023
2025: €-18k▼ -122% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€82k-€115k▲ 40.1%€107k▼ 6.8%€74k▼ 31.0%€-5k
2021: €82k
2022: €115k▲ +40.1% vs 2021highest in 5 years
2023: €107k▼ -6.8% vs 2022
2024: €74k▼ -31.0% vs 2023
2025: €-5k▼ -107% vs 2024lowest in 5 years
Operating result€2k-€160k▲ 6,860%€-3k€6k€-68k
2021: €2k
2022: €160k▲ +6860% vs 2021highest in 5 years
2023: €-3k▼ -102% vs 2022
2024: €6k▲ +315% vs 2023
2025: €-68k▼ -1200% vs 2024lowest in 5 years
Net result€-5k-€143k€-8k€-4k▲ 48.3%€-79k▼ 1,850%
2021: €-5k
2022: €143k▲ +2974% vs 2021highest in 5 years
2023: €-8k▼ -105% vs 2022
2024: €-4k▲ +48.3% vs 2023
2025: €-79k▼ -1850% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €68k after €6k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €220k
Fixed assets
€15k ▲ 53.2%
Current assets
€205k ▼ 31.2%
Key figures and ratios
EBITDA
€-67k▼
2024 · €8k
Cash flow
€-77k▼
2024 · €-3k
Solvency
-2.2%▼
2024 · 24.0%
Current ratio
0.92▼
2024 · 1.37
Quick ratio
0.34▼
2024 · 0.57
Debt to equity
-45.75▼
2024 · 3.17
ROA
-35.8%▼
2024 · -1.3%
Interest coverage
-6.26▼
2024 · 0.65
Debt
€225k▼
2024 · €234k
Debt ≤ 1 year
€223k▲
2024 · €217k
Debt > 1 year
€0▼
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€308k€220k▼
Fixed assets21/28€10k€15k▲
Tangible fixed assets22/27€10k€15k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€1k€6k▲
Other tangible fixed assets26€8k€8k▼
Current assets29/58€298k€205k▼
Stocks and contracts in progress3€174k€128k▼
Stocks30/36€174k€128k▼
Amounts receivable within one year40/41€116k€67k▼
Trade receivables40€81k€57k▼
Other amounts receivable41€35k€10k▼
Cash at bank and in hand54/58€2k€3k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€308k€220k▼
Equity10/15€74k€-5k▼
Contributions10/11€12k€12k=
Reserves13€61k€61k=
Distributable reserves133€61k€61k=
Profit (loss) carried forward14€0€-79k▼
Amounts payable17/49€234k€225k▼
Amounts payable after more than one year17€13k€0▼
Financial debts170/4€13k€0▼
Amounts payable within one year42/48€217k€223k▲
Financial debts43€140k€146k▲
Credit institutions430/8€140k€146k▲
Trade debts44€68k€36k▼
Suppliers440/4€68k€36k▼
Taxes, remuneration and social security45€9k€2k▼
Taxes450/3€9k€2k▼
Other amounts payable47/48-€38k
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€1k€8k▲
Gross operating margin9900€9k€-59k▼
Operating profit (loss)9901€6k€-68k▼
Financial income75/76B€1k€102▼
Recurring financial income75€1k€102▼
Financial charges65/66B€12k€11k▼
Recurring financial charges65€12k€11k▼
Profit (loss) for the period before taxes9903€-4k€-79k▼
Profit (loss) for the period9904€-4k€-79k▼
Profit (loss) for the period to be appropriated9905€-4k€-79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-79k▼
Transfer from equity791/2€33k€0▼
Profit to be distributed694/7€29k€0▼
Return on contributions (dividend)694€29k€0▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | €1k | €1k | ▲ 3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-370 | €0 | - | - | - |
| Other operating charges640/8 | €1k | €2k | €2k | €1k | €8k | ▲ 494% |
| Gross operating margin9900 | €6k | €164k | €765 | €9k | €-59k | ▼ 758% |
| Operating profit (loss)9901 | €2k | €160k | €-3k | €6k | €-68k | ▼ 1,200% |
| Financial income75/76B | €419 | €330 | €2k | €1k | €102 | ▼ 92.8% |
| Recurring financial income75 | €419 | €330 | €2k | €1k | €102 | ▼ 92.8% |
| Financial charges65/66B | €7k | €9k | €7k | €12k | €11k | ▼ 8.4% |
| Recurring financial charges65 | €7k | €9k | €7k | €12k | €11k | ▼ 8.4% |
| Profit (loss) for the period before taxes9903 | €-5k | €152k | €-8k | €-4k | €-79k | ▼ 1,850% |
| Income taxes67/77 | €323 | €9k | €0 | - | - | - |
| Profit (loss) for the period9904 | €-5k | €143k | €-8k | €-4k | €-79k | ▼ 1,850% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €143k | €-8k | €-4k | €-79k | ▼ 1,850% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €334k | €347k | €287k | €308k | €220k | ▼ 28.5% |
| Fixed assets21/28 | €12k | €11k | €9k | €10k | €15k | ▲ 53.2% |
| Tangible fixed assets22/27 | €11k | €11k | €9k | €10k | €15k | ▲ 53.2% |
| Plant, machinery and equipment23 | - | - | - | - | €2k | - |
| Furniture and vehicles24 | €3k | €2k | €311 | €1k | €6k | ▲ 281% |
| Other tangible fixed assets26 | €8k | €10k | €9k | €8k | €8k | ▼ 7.6% |
| Financial fixed assets28 | €760 | €0 | - | - | - | - |
| Current assets29/58 | €322k | €335k | €278k | €298k | €205k | ▼ 31.2% |
| Stocks and contracts in progress3 | €144k | €131k | €176k | €174k | €128k | ▼ 26.3% |
| Stocks30/36 | €144k | €131k | €176k | €174k | €128k | ▼ 26.3% |
| Amounts receivable within one year40/41 | €174k | €126k | €91k | €116k | €67k | ▼ 42.2% |
| Trade receivables40 | €79k | €106k | €63k | €81k | €57k | ▼ 29.3% |
| Other amounts receivable41 | €95k | €21k | €28k | €35k | €10k | ▼ 71.7% |
| Cash at bank and in hand54/58 | €607 | €73k | €6k | €2k | €3k | ▲ 55.8% |
| Deferred charges and accrued income490/1 | €4k | €5k | €5k | €6k | €6k | ▲ 11.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €334k | €347k | €287k | €308k | €220k | ▼ 28.5% |
| Equity10/15 | €82k | €115k | €107k | €74k | €-5k | ▼ 107% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €70k | €102k | €95k | €61k | €61k | = |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €68k | €101k | €95k | €61k | €61k | = |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €-79k | - |
| Amounts payable17/49 | €252k | €232k | €180k | €234k | €225k | ▼ 3.8% |
| Amounts payable after more than one year17 | €40k | €40k | €40k | €13k | €0 | ▼ 100% |
| Financial debts170/4 | €40k | €40k | €40k | €13k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €210k | €188k | €136k | €217k | €223k | ▲ 2.6% |
| Financial debts43 | €151k | €840 | €73k | €140k | €146k | ▲ 4.5% |
| Credit institutions430/8 | €151k | €840 | €73k | €140k | €146k | ▲ 4.5% |
| Trade debts44 | €50k | €73k | €57k | €68k | €36k | ▼ 46.7% |
| Suppliers440/4 | €50k | €73k | €57k | €68k | €36k | ▼ 46.7% |
| Taxes, remuneration and social security45 | €9k | €5k | €6k | €9k | €2k | ▼ 73.9% |
| Taxes450/3 | €3k | €5k | €6k | €9k | €2k | ▼ 73.9% |
| Remuneration and social security454/9 | €5k | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €110k | €0 | - | €38k | - |
| Accrued charges and deferred income492/3 | €2k | €3k | €4k | €3k | €2k | ▼ 31.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €143k | €-8k | €-4k | €-79k | ▼ 1,850% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €1k | €1k | ▲ 3.5% |
| Operating cash flow (approximation) | €-3k | €145k | €-6k | €-3k | €-77k | ▼ 2,768% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €-2k | €-7k | ▼ 252% |
| Change in cash | - | €72k | €-67k | €-4k | €1k | ▲ 131% |
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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-79k
Net result drops to €-79k, the lowest in the series.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 13 days late
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €143k
Net result €143k after one loss-making year.
31-12
Financial
Equity above €100kEq €115k ▲40.1%
Equity rises from €82k to €115k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Maaseik · 1 establishment unit since 2004
Ground area
828 m²
Building footprint
172 m²
Volume, LiDAR
1,058 m³
Parcel 72021A1480/00H003, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOXPLUS
since 20042.139.147.235
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021A1480/00H003 | Flanders | 828 m² | 1 · 172 m² | 9.9 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.
Similar companies · same sector, comparable size
HB POORTEN
BE 0870.753.459
Haacht · Eq €74k
Mitlee
BE 1002.939.517
Roeselare · Eq €75k
CONSTRUCTION 2 ENGINEERING SERVICES
BE 0463.497.375
Antwerpen · Eq €73k
MAISON MARCHAL
BE 0819.683.751
Oupeye · Eq €72k
KARELIA BELGIUM LIMITED
BE 0455.484.086
Brussel · Eq €76k
Of 1,566 companies in sector 46900 we hold annual accounts for 920. 568 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
Founded02-09-2004
Fiscal year end31-12
Activities, NACEBEL 2025
46900Non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.