BOXSPRINGLINE
Open bankruptcyA bankruptcy procedure is open for BOXSPRINGLINE according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-19k) and a net result of €14k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 01-09-2023, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
32 d late
2021
29 d late
2020
55 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€-19k▲ 43.4%
2021 · €-33k
2020: €-2k
2021: €-33k
2020 → 2022
Total assets
€98k▲ 149%
2021 · €39k
2020: €21k
2021: €39k
2020 → 2022
Net result
€14k
2021 · €-30k
2020: €-17k
2021: €-30k
2020 → 2022
Working capital
€-21k▲ 41.8%
2021 · €-36k
2020: €-2k
2021: €-36k
2020 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Equity€-2k-€-33k▼ 1,347%€-19k▲ 43.4%
Operating result€-26k-€-30k▼ 14.4%€15k
Net result€-17k-€-30k▼ 76.6%€14k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €15k after a loss of €30k in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €98k
Fixed assets
€2k▼ 24.0%
Current assets
€95k▲ 163%
Key figures and ratios
EBITDA
€16k▲
2021 · €-30k
Cash flow
€15k▲
2021 · €-30k
Solvency
-19.0%▲
2021 · -83.4%
Current ratio
0.82▲
2021 · 0.50
Quick ratio
0.42▲
2021 · 0.30
Debt / equity
-6.26▼
2021 · -2.20
ROA
14.5%▲
2021 · -77.6%
Interest coverage
25.33▲
2021 · -115.43
Debt
€116k▲
2021 · €72k
Debt ≤ 1 year
€116k▲
2021 · €72k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€39k€98k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€3k€2k▼
Current assets29/58€36k€95k▲
Stocks and contracts in progress3€15k€47k▲
Stocks30/36€15k€47k▲
Amounts receivable within one year40/41€18k€48k▲
Trade receivables40€18k€48k▲
Cash at bank and in hand54/58€4k€506▼
Equity and liabilities
Total equity and liabilities10/49€39k€98k▲
Equity10/15€-33k€-19k▲
Contributions10/11€15k€15k=
Reserves13-€14k
Distributable reserves133-€14k
Profit (loss) carried forward14€-48k€-48k=
Amounts payable17/49€72k€116k▲
Amounts payable within one year42/48€72k€116k▲
Trade debts44€13k€25k▲
Suppliers440/4€13k€25k▲
Taxes, remuneration and social security45€15k€9k▼
Taxes450/3€15k€9k▼
Other amounts payable47/48€44k€81k▲
Income statement
Code20212022
Remuneration, social security and pensions62€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€588€706▲
Other operating charges640/8€692-
Gross operating margin9900€-28k€16k▲
Operating profit (loss)9901€-30k€15k▲
Financial charges65/66B€257€613▲
Recurring financial charges65€257€613▲
Profit (loss) for the period before taxes9903€-30k€14k▲
Profit (loss) for the period9904€-30k€14k▲
Profit (loss) for the period to be appropriated9905€-30k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-34k▲
Profit (loss) brought forward from the previous period14P€-17k€-48k▼
Transfer to equity691/2-€14k
To other reserves6921-€14k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · BOXSPRINGLINE BV RIJKS- WEG(E-V) 224/B12, 3630 MAASMECHELEN · event 16-10-2025
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series.
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Maasmechelen
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rijksweg(E-V) 2243630 MaasmechelenGround area
1,625 m²
Building footprint
839 m²
Volume, LiDAR
5,736 m³
Parcel 73096A0043/00H000, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73096A0043/00H000 | Flanders | 1,625 m² | 1 · 839 m² | 12.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | DANIEL LIBENS WILDEBAMP 4/002, 3800 SINT-
TRUIDEN |
16-10-2025 → present |
| Curator | ANDRE BYVOET ST.-TRUIDER-
STEENWEG 547, 3500 HASSELT |
16-10-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-2019
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.