BOXSUN
ActiveBOXSUN has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-11k) and a net result of €-33k. Equity is shrinking by ~79% per year across the filed fiscal years. Its solvency ranks better than 5% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-73
Solvency0▼-53
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.48 against 3.12 in 2023; short-term debt: 187.8% and cash: 17.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-87.8%
Return on assets
-260.6%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
222324
2022 to 2024 · latest year €-11k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
27 d late
2022
34 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-11k
2023 · €22k
2022: €19k
2023: €22k
2022 → 2024
Total assets
€13k▼ 84.0%
2023 · €80k
2022: €41k
2023: €80k
2022 → 2024
Net result
€-33k
2023 · €3k
2022: €-16k
2023: €3k
2022 → 2024
Working capital
€-12k
2023 · €53k
2022: €17k
2023: €53k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€19k-€22k▲ 14.1%€-11k
Operating result€-15k-€3k€-33k
Net result€-16k-€3k€-33k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €33k after €3k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13k
Fixed assets
€1k▼ 34.3%
Current assets
€12k▼ 85.2%
Key figures and ratios
EBITDA
€-32k▼
2023 · €4k
Cash flow
€-33k▼
2023 · €3k
Solvency
-87.8%▼
2023 · 27.6%
Current ratio
0.48▼
2023 · 3.12
Quick ratio
0.48▼
2023 · 3.12
Debt / equity
-2.14▼
2023 · 2.62
ROA
-260.6%▼
2023 · 3.4%
Interest coverage
-123.98▼
2023 · 20.71
Debt
€24k▼
2023 · €58k
Debt ≤ 1 year
€24k▼
2023 · €25k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€80k€13k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€78k€12k▼
Amounts receivable within one year40/41€41k€9k▼
Trade receivables40€218€720▲
Other amounts receivable41€41k€8k▼
Cash at bank and in hand54/58€35k€2k▼
Deferred charges and accrued income490/1€2k€583▼
Equity and liabilities
Total equity and liabilities10/49€80k€13k▼
Equity10/15€22k€-11k▼
Contributions10/11€35k€35k=
Profit (loss) carried forward14€-13k€-46k▼
Amounts payable17/49€58k€24k▼
Amounts payable within one year42/48€25k€24k▼
Trade debts44€5k€48▼
Suppliers440/4€5k€48▼
Other amounts payable47/48€20k€24k▲
Accrued charges and deferred income492/3€33k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€655€655=
Other operating charges640/8€180€513▲
Gross operating margin9900€4k€-32k▼
Operating profit (loss)9901€3k€-33k▼
Financial income75/76B€23€1▼
Recurring financial income75€23€1▼
Financial charges65/66B€170€261▲
Recurring financial charges65€170€261▲
Profit (loss) for the period before taxes9903€3k€-33k▼
Profit (loss) for the period9904€3k€-33k▼
Profit (loss) for the period to be appropriated9905€3k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-46k▼
Profit (loss) brought forward from the previous period14P€-16k€-13k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-33k ▼1321%
Net result drops to €-33k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kortrijk · 1 establishment unit since 2021
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.
Gentsestraat(Kor) 28500 KortrijkGround area
349 m²
Building footprint
349 m²
Volume, LiDAR
4,196 m³
Parcel 34353H0728/00Y002, Flanders · tallest building 16.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Gentsestraat(Kor) 2, 8500 Kortrijk
since 20212.322.821.485
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353H0728/00Y002 | Flanders | 349 m² | 1 · 349 m² | 16.8 m · 4 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 72,500 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 72,500 EUR | 0 EUR |
Schemes
Projectsubsidie voor een initiatief in de audiovisuele of gamesector (Decreet Vlaams Audiovisueel Fonds 1999)
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Of 16,869 companies in sector 62100 we hold annual accounts for 8,779. 5,934 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-09-2021
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
13300Finishing of textiles
13960Manufacture of textiles
47519Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.boxsun.eu
E-mail:contact@boxsun.eu