BOXTRADE
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 27-06-2024 was due by 27-01-2025 and was filed on 26-11-2024, 62 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
62 d early
2023
41 d early
2022
1 d early
2021
4 d early
2020
26 d early
2019
42 d early
2018
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 31 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)
Financials · fiscal year 2024, full schema
Turnover
€822,670▼ 66.6%
2023 · €2.5m
EBIT margin
13.4%▲ 1.6pp
2023 · 11.8%
Net result
€86,852▼ 61.0%
2023 · €222,524
Working capital
€595,083▲ 17.3%
2023 · €507,321
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
Line20202021202220232024
Turnover€1.2m▲ 32.8%€2.1m▲ 85.1%€2.6m▲ 22.1%€2.5m▼ 5.9%€822,670▼ 66.6%
Operating result€122,553▲ 15.2%€245,868▲ 101%€263,977▲ 7.4%€290,154▲ 9.9%€110,384▼ 62.0%
Net result€97,809▲ 16.7%€178,358▲ 82.4%€210,243▲ 17.9%€222,524▲ 5.8%€86,852▼ 61.0%
EBIT margin10.6%▼ 1.6pp11.5%▲ 0.9pp10.1%▼ 1.4pp11.8%▲ 1.7pp13.4%▲ 1.6pp
Equity€381,742▲ 14.3%€560,100▲ 46.7%€310,343▼ 44.6%€506,867▲ 63.3%€593,720▲ 17.1%
Total assets€669,675▲ 51.8%€849,614▲ 26.9%€886,003▲ 4.3%€626,557▼ 29.3%€693,006▲ 10.6%
Debt€287,933▲ 169%€289,514▲ 0.5%€575,660▲ 98.8%€119,690▼ 79.2%€99,286▼ 17.0%
Working capital€388,947▲ 18.3%€562,181▲ 44.5%€320,611▼ 43.0%€507,321▲ 58.2%€595,083▲ 17.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 62% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €693,006
Equity
€593,720 ▲ 17.1%
Debt
€99,286 ▼ 17.0%
Debt's share of the balance-sheet total falls from 19.1% to 14.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€110,806▼
2023 · €291,354
Cash flow
€87,275▼
2023 · €223,724
Current ratio
7.08▲
2023 · 5.27
Quick ratio
7.08▲
2023 · 5.27
Debt to equity
0.17▼
2023 · 0.24
ROE
14.6%▼
2023 · 43.9%
ROA
12.5%▼
2023 · 35.5%
Interest coverage
124.83▲
2023 · 34.35
Debt ≤ 1 year
€97,922▼
2023 · €118,813
Income taxes
€29,161▼
2023 · €65,508
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €2.8m | €2.8m | €939,808 | ▼ 67.0% |
| Turnover70 | €1.2m | €2.1m | €2.6m | €2.5m | €822,670 | ▼ 66.6% |
| Other operating income74 | - | - | €191,040 | €387,260 | €117,138 | ▼ 69.8% |
| Operating charges60/66A | - | - | €2.5m | €2.6m | €829,425 | ▼ 67.6% |
| Goods for resale, raw materials and consumables60 | - | - | €2.2m | €2.2m | €703,738 | ▼ 68.1% |
| Purchases600/8 | - | - | €2.2m | €2.2m | €703,738 | ▼ 68.1% |
| Services and other goods61 | - | - | €355,720 | €332,375 | €119,107 | ▼ 64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,200 | €1,200 | €1,200 | €1,200 | €422 | ▼ 64.8% |
| Other operating charges640/8 | - | - | €20,778 | €17,483 | €6,157 | ▼ 64.8% |
| Operating profit (loss)9901 | €122,553 | €245,868 | €263,977 | €290,154 | €110,384 | ▼ 62.0% |
| Financial income75/76B | - | - | €15,066 | €6,359 | €6,518 | ▲ 2.5% |
| Recurring financial income75 | €854 | €561 | €15,066 | €6,359 | €6,518 | ▲ 2.5% |
| Income from current assets751 | - | - | - | - | €2,509 | - |
| Other financial income752/9 | - | - | €15,066 | €6,359 | €4,009 | ▼ 37.0% |
| Financial charges65/66B | - | - | €2,053 | €8,481 | €888 | ▼ 89.5% |
| Recurring financial charges65 | €4,636 | €9,028 | €2,053 | €8,481 | €888 | ▼ 89.5% |
| Other financial charges652/9 | - | - | €2,053 | €8,481 | €888 | ▼ 89.5% |
| Profit (loss) for the period before taxes9903 | €118,770 | €237,401 | €276,990 | €288,032 | €116,014 | ▼ 59.7% |
| Income taxes67/77 | €20,962 | €59,043 | €66,748 | €65,508 | €29,161 | ▼ 55.5% |
| Taxes670/3 | - | - | €66,748 | €65,508 | €29,161 | ▼ 55.5% |
| Tax adjustments and reversals of tax provisions77 | - | - | €0 | - | - | - |
| Profit (loss) for the period9904 | €97,809 | €178,358 | €210,243 | €222,524 | €86,852 | ▼ 61.0% |
| Profit (loss) for the period to be appropriated9905 | €97,809 | €178,358 | €210,243 | €222,524 | €86,852 | ▼ 61.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €669,675 | €849,614 | €886,003 | €626,557 | €693,006 | ▲ 10.6% |
| Fixed assets21/28 | €4,022 | €2,822 | €1,622 | €422 | €0 | ▼ 100% |
| Intangible fixed assets21 | €4,022 | €2,822 | €1,622 | €422 | €0 | ▼ 100% |
| Current assets29/58 | €665,652 | €846,791 | €884,381 | €626,134 | €693,006 | ▲ 10.7% |
| Stocks and contracts in progress3 | €29,272 | - | €0 | €0 | €137 | - |
| Stocks30/36 | - | - | - | - | €137 | - |
| Advance payments36 | - | - | - | - | €137 | - |
| Amounts receivable within one year40/41 | €74,392 | €261,749 | €345,478 | €166,132 | €299,737 | ▲ 80.4% |
| Trade receivables40 | - | - | €233,556 | €113,682 | €23,469 | ▼ 79.4% |
| Other amounts receivable41 | - | - | €111,922 | €52,450 | €276,268 | ▲ 427% |
| Cash at bank and in hand54/58 | €561,989 | €585,043 | €538,902 | €460,003 | €373,513 | ▼ 18.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | €19,619 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €669,675 | €849,614 | €886,003 | €626,557 | €693,006 | ▲ 10.6% |
| Equity10/15 | €381,742 | €560,100 | €310,343 | €506,867 | €593,720 | ▲ 17.1% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | - | - | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | - | - | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €320,242 | €498,600 | €248,843 | €445,367 | €532,220 | ▲ 19.5% |
| Non-distributable reserves130/1 | - | - | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | - | - | €6,150 | €6,150 | €6,150 | = |
| Distributable reserves133 | - | - | €242,693 | €439,217 | €526,070 | ▲ 19.8% |
| Amounts payable17/49 | €287,933 | €289,514 | €575,660 | €119,690 | €99,286 | ▼ 17.0% |
| Amounts payable within one year42/48 | €276,705 | €284,611 | €563,770 | €118,813 | €97,922 | ▼ 17.6% |
| Trade debts44 | €205,705 | €284,611 | €81,269 | €92,305 | €79,981 | ▼ 13.4% |
| Suppliers440/4 | - | - | €81,269 | €92,305 | €79,981 | ▼ 13.4% |
| Advances received on contracts in progress46 | - | - | €21,754 | €0 | €8,272 | - |
| Taxes, remuneration and social security45 | - | - | €748 | €508 | €9,669 | ▲ 1,803% |
| Taxes450/3 | - | - | €748 | €508 | €9,669 | ▲ 1,803% |
| Other amounts payable47/48 | - | - | €460,000 | €26,000 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | €11,890 | €876 | €1,364 | ▲ 55.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €97,809 | €178,358 | €210,243 | €222,524 | €86,852 | ▼ 61.0% |
| + Depreciation and write-downs630 | €1,200 | €1,200 | €1,200 | €1,200 | €422 | ▼ 64.8% |
| Operating cash flow (approximation) | €99,009 | €179,558 | €211,443 | €223,724 | €87,275 | ▼ 61.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €23,054 | -€46,140 | -€78,900 | -€86,490 | ▼ 9.6% |
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
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Highest result since 2019net €222,524 ▲5.8%
Operating result €290,154, net result €222,524, both a record.
30-06
Financial
Liquidity triplescurrent ratio 5.27
Current ratio from 1.57 to 5.27; short-term debt falls from €563,770 to €118,813.
30-06
Financial
Equity above €500,000Eq €506,867 ▲63.3%
5 profitable years in a row build equity to €506,867.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Equity above €500,000Eq €560,100 ▲46.7%
3 profitable years in a row build equity to €560,100.
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
17-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
Owners 0
No owner stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
-
100%
Holdings 0
The accounts to 30-06-2023 list no holdings, and no other source names one.
According to the annual accounts to 30-06-2023 of BOXTRADE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
54930002LOTHTTMTG620