BOXS
InactiveBOXS was declared bankrupt on 23-04-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 21-10-2025, published in the Belgian State Gazette on 24-10-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-07-2023, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
11 d early
2021
114 d early
2020
103 d early
2019
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 58 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
Financials · fiscal year 2022, abbreviated schema
Equity
-€77,873▼ 244%
2021 · -€22,655
Total assets
€167,443▼ 13.6%
2021 · €193,880
Net result
-€86,218
2021 · €31,184
Working capital
-€117,431▼ 74.3%
2021 · -€67,367
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
Line20182019202020212022
Operating result€7,467-€8,549▲ 14.5%€4,835▼ 43.5%€37,266▲ 671%-€78,598
Net result€1,633-€3,842▲ 135%€824▼ 78.6%€31,184▲ 3,686%-€86,218
Equity-€78,505--€54,662▲ 30.4%-€53,839▲ 1.5%-€22,655▲ 57.9%-€77,873▼ 244%
Total assets€287,679-€134,976▼ 53.1%€122,096▼ 9.5%€193,880▲ 58.8%€167,443▼ 13.6%
Debt€366,184-€189,639▼ 48.2%€175,934▼ 7.2%€216,535▲ 23.1%€245,315▲ 13.3%
Working capital-€46,896--€29,183▲ 37.8%-€33,472▼ 14.7%-€67,367▼ 101%-€117,431▼ 74.3%
Staff (FTE)2.3-2.8▲ 21.7%2▼ 28.6%2.9▲ 45.0%3.7▲ 27.6%
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 2022: a loss of €78,598 after €37,266 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €167,443
Fixed assets
€59,242 ▼ 16.5%
Current assets
€108,200 ▼ 12.0%
Key figures and ratios
EBITDA
-€62,945▼
2021 · €43,057
Cash flow
-€70,565▼
2021 · €36,975
Solvency
-46.5%▼
2021 · -11.7%
Current ratio
0.48▼
2021 · 0.65
Debt to equity
-3.15▲
2021 · -9.56
ROA
-51.5%▼
2021 · 16.1%
Interest coverage
-7.63▼
2021 · 7.04
Debt ≤ 1 year
€225,632▲
2021 · €190,286
Debt > 1 year
€19,684▼
2021 · €25,990
Income taxes
€168▲
2021 · €142
Staff costs
€159,471▲
2021 · €127,977
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €127,977 | €159,471 | ▲ 24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,815 | €4,233 | €3,746 | €5,791 | €15,653 | ▲ 170% |
| Other operating charges640/8 | - | - | - | €3,213 | €3,837 | ▲ 19.4% |
| Gross operating margin9900 | €81,520 | €104,350 | €62,417 | €174,247 | €100,362 | ▼ 42.4% |
| Operating profit (loss)9901 | €7,467 | €8,549 | €4,835 | €37,266 | -€78,598 | ▼ 311% |
| Financial income75/76B | - | - | - | €178 | €795 | ▲ 347% |
| Recurring financial income75 | €530 | €60 | €512 | €178 | €795 | ▲ 347% |
| Financial charges65/66B | - | - | - | €6,118 | €8,247 | ▲ 34.8% |
| Recurring financial charges65 | €6,136 | €4,438 | €4,389 | €6,118 | €8,247 | ▲ 34.8% |
| Profit (loss) for the period before taxes9903 | €1,862 | €4,171 | €958 | €31,326 | -€86,050 | ▼ 375% |
| Income taxes67/77 | €229 | €329 | €134 | €142 | €168 | ▲ 18.2% |
| Profit (loss) for the period9904 | €1,633 | €3,842 | €824 | €31,184 | -€86,218 | ▼ 376% |
| Profit (loss) for the period to be appropriated9905 | €1,633 | €3,701 | €824 | €31,184 | -€86,218 | ▼ 376% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €287,679 | €134,976 | €122,096 | €193,880 | €167,443 | ▼ 13.6% |
| Fixed assets21/28 | €13,066 | €15,075 | €12,805 | €70,961 | €59,242 | ▼ 16.5% |
| Intangible fixed assets21 | - | €1,350 | €675 | €50,812 | €40,614 | ▼ 20.1% |
| Tangible fixed assets22/27 | €8,042 | €8,551 | €7,106 | €15,125 | €11,280 | ▼ 25.4% |
| Plant, machinery and equipment23 | - | - | - | €1,331 | €792 | ▼ 40.5% |
| Furniture and vehicles24 | - | - | - | €12,280 | €9,730 | ▼ 20.8% |
| Other tangible fixed assets26 | - | - | - | €1,514 | €757 | ▼ 50.0% |
| Financial fixed assets28 | €5,024 | €5,174 | €5,024 | €5,024 | €7,349 | ▲ 46.3% |
| Current assets29/58 | €274,613 | €119,901 | €109,290 | €122,919 | €108,200 | ▼ 12.0% |
| Amounts receivable within one year40/41 | €184,068 | €101,612 | €93,874 | €92,969 | €97,891 | ▲ 5.3% |
| Trade receivables40 | - | - | - | €82,391 | €65,070 | ▼ 21.0% |
| Other amounts receivable41 | - | - | - | €10,578 | €32,821 | ▲ 210% |
| Cash at bank and in hand54/58 | €50,205 | €12,073 | €15,255 | €14,861 | €9,560 | ▼ 35.7% |
| Deferred charges and accrued income490/1 | - | - | - | €15,089 | €748 | ▼ 95.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €287,679 | €134,976 | €122,096 | €193,880 | €167,443 | ▼ 13.6% |
| Equity10/15 | -€78,505 | -€54,662 | -€53,839 | -€22,655 | -€77,873 | ▼ 244% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €49,600 | ▲ 167% |
| Reserves13 | €182 | €323 | €323 | €323 | €323 | = |
| Tax-exempt reserves132 | - | - | - | €267 | €267 | = |
| Distributable reserves133 | - | - | - | €56 | €56 | = |
| Profit (loss) carried forward14 | -€97,286 | -€73,586 | -€72,762 | -€41,578 | -€127,796 | ▼ 207% |
| Amounts payable17/49 | €366,184 | €189,639 | €175,934 | €216,535 | €245,315 | ▲ 13.3% |
| Amounts payable after more than one year17 | €44,175 | €38,233 | €32,172 | €25,990 | €19,684 | ▼ 24.3% |
| Financial debts170/4 | - | - | - | €25,990 | €19,684 | ▼ 24.3% |
| Amounts payable within one year42/48 | €321,509 | €149,084 | €142,762 | €190,286 | €225,632 | ▲ 18.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,243 | €12,367 | ▲ 1.0% |
| Financial debts43 | - | - | - | €53,674 | €60,022 | ▲ 11.8% |
| Credit institutions430/8 | - | - | - | €53,674 | €60,022 | ▲ 11.8% |
| Trade debts44 | €203,175 | €65,975 | €60,263 | €86,145 | €134,731 | ▲ 56.4% |
| Suppliers440/4 | - | - | - | €86,145 | €134,731 | ▲ 56.4% |
| Taxes, remuneration and social security45 | - | - | - | €36,159 | €15,330 | ▼ 57.6% |
| Taxes450/3 | - | - | - | €16,944 | €3,106 | ▼ 81.7% |
| Remuneration and social security454/9 | - | - | - | €19,215 | €12,224 | ▼ 36.4% |
| Other amounts payable47/48 | - | - | - | €2,065 | €3,182 | ▲ 54.1% |
| Accrued charges and deferred income492/3 | - | - | - | €260 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,633 | €3,842 | €824 | €31,184 | -€86,218 | ▼ 376% |
| + Depreciation and write-downs630 | €6,815 | €4,233 | €3,746 | €5,791 | €15,653 | ▲ 170% |
| Operating cash flow (approximation) | €8,448 | €8,075 | €4,570 | €36,975 | -€70,565 | ▼ 291% |
| Investment in fixed assets (approximation) | - | -€6,242 | -€1,476 | -€63,947 | -€3,934 | ▲ 93.8% |
| Change in cash | - | -€38,133 | €3,183 | -€394 | -€5,301 | ▼ 1,245% |
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
24-10
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-10-2025
2024
29-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 23-04-2024
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€86,218
Net result drops to -€86,218, the lowest in the series.
08-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €31,184 ▲3,686%
Operating result €37,266, net result €31,184, both a record.
19-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
11-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 11 days late
2014
15-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEFAN SNEPVANGERS GROTE STEENWEG 154,
2600 BERCHEM (ANTWERPEN) |
23-04-2024 → 21-10-2025 |
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 12,944 EUR awarded · 12,944 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | -37,500 EUR | 0 EUR |
| 2022 | 2 | 50,444 EUR | 12,944 EUR |