BOXTRADE
InactiveOverview
Activity
Activity not known
Size
€822,670turnover 2024
- Equity
- €593,720
- Profit
- €86,852
Financial health
Inactive: no score
Structure
- H.O. InvestDirector · permanent representative Heidi Ollevier
- JIRONManaging director · permanent representative Jimmy Ollevier
Auditor: VRC BEDRIJFSREVISOREN3 of 9 deeds summarised
SignalsneutralLatest accounts filed on timeShow the evidence
Signals
1 signal.
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 days early
2023
41 days early
2022
1 day early
2021
4 days early
2020
26 days early
2019
42 days early
2018
42 days 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.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · full…
- Restructuring · End & cessationMerger · Declaration · Share…
- RestructuringPermanent representatives: Heidi Ollevier, Jimmy…
Financials · financial year 2024, full format
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
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result falls in 2024; 2024 is 62% below 2023 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€0.8m
2024
Operating result€0.1m
2024
Net result€0.09m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.7m
2024
Equity€0.6m
2024
Debt€0.1m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.6m
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin13.4%
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Turnover€0.9m-€1.2m▲ 32.8%€2.1m▲ 85.1%€2.6m▲ 22.1%€2.5m▼ 5.9%€0.8m▼ 66.6%
Operating result€0.1m-€0.1m▲ 15.2%€0.2m▲ 101%€0.3m▲ 7.4%€0.3m▲ 9.9%€0.1m▼ 62.0%
Net result€0.08m-€0.1m▲ 16.7%€0.2m▲ 82.4%€0.2m▲ 17.9%€0.2m▲ 5.8%€0.09m▼ 61.0%
EBIT margin12.2%-10.6%▼ 1.6pp11.5%▲ 0.9pp10.1%▼ 1.4pp11.8%▲ 1.7pp13.4%▲ 1.6pp
Equity€0.3m-€0.4m▲ 14.3%€0.6m▲ 46.7%€0.3m▼ 44.6%€0.5m▲ 63.3%€0.6m▲ 17.1%
Total assets€0.4m-€0.7m▲ 51.8%€0.8m▲ 26.9%€0.9m▲ 4.3%€0.6m▼ 29.3%€0.7m▲ 10.6%
Debt€0.1m-€0.3m▲ 169%€0.3m▲ 0.5%€0.6m▲ 98.8%€0.1m▼ 79.2%€0.1m▼ 17.0%
Working capital€0.3m-€0.4m▲ 18.3%€0.6m▲ 44.5%€0.3m▼ 43.0%€0.5m▲ 58.2%€0.6m▲ 17.3%
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
over 100▲
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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €2.8m | €2.8m | €0.9m | ▼ 67.0% |
| Turnover70 | €0.9m | €1.2m | €2.1m | €2.6m | €2.5m | €0.8m | ▼ 66.6% |
| Other operating income74 | - | - | - | €0.2m | €0.4m | €0.1m | ▼ 69.8% |
| Operating charges60/66A | - | - | - | €2.5m | €2.6m | €0.8m | ▼ 67.6% |
| Goods for resale, raw materials and consumables60 | - | - | - | €2.2m | €2.2m | €0.7m | ▼ 68.1% |
| Purchases600/8 | - | - | - | €2.2m | €2.2m | €0.7m | ▼ 68.1% |
| Services and other goods61 | - | - | - | €0.4m | €0.3m | €0.1m | ▼ 64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €422 | ▼ 64.8% |
| Other operating charges640/8 | - | - | - | €0.02m | €0.02m | €0.006m | ▼ 64.8% |
| Operating profit (loss)9901 | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | €0.1m | ▼ 62.0% |
| Financial income75/76B | - | - | - | €0.02m | €0.006m | €0.007m | ▲ 2.5% |
| Recurring financial income75 | €0.004m | €0.001m | €0.001m | €0.02m | €0.006m | €0.007m | ▲ 2.5% |
| Income from current assets751 | - | - | - | - | - | €0.003m | - |
| Other financial income752/9 | - | - | - | €0.02m | €0.006m | €0.004m | ▼ 37.0% |
| Financial charges65/66B | - | - | - | €0.002m | €0.008m | €0.001m | ▼ 89.5% |
| Recurring financial charges65 | €0.003m | €0.005m | €0.009m | €0.002m | €0.008m | €0.001m | ▼ 89.5% |
| Other financial charges652/9 | - | - | - | €0.002m | €0.008m | €0.001m | ▼ 89.5% |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | €0.1m | ▼ 59.7% |
| Income taxes67/77 | €0.02m | €0.02m | €0.06m | €0.07m | €0.07m | €0.03m | ▼ 55.5% |
| Taxes670/3 | - | - | - | €0.07m | €0.07m | €0.03m | ▼ 55.5% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0 | - | - | - |
| Profit (loss) for the period9904 | €0.08m | €0.1m | €0.2m | €0.2m | €0.2m | €0.09m | ▼ 61.0% |
| Profit (loss) for the period to be appropriated9905 | €0.08m | €0.1m | €0.2m | €0.2m | €0.2m | €0.09m | ▼ 61.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €441,070 | €669,675 | €849,614 | €886,003 | €626,557 | €693,006 | ▲ 10.6% |
| Fixed assets21/28 | €5,222 | €4,022 | €2,822 | €1,622 | €422 | €0 | ▼ 100% |
| Intangible fixed assets21 | €5,222 | €4,022 | €2,822 | €1,622 | €422 | €0 | ▼ 100% |
| Current assets29/58 | €435,848 | €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 | €24,514 | €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 | €410,466 | €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 | €441,070 | €669,675 | €849,614 | €886,003 | €626,557 | €693,006 | ▲ 10.6% |
| Equity10/15 | €333,933 | €381,742 | €560,100 | €310,343 | €506,867 | €593,720 | ▲ 17.1% |
| Contributions10/11 | €61,500 | €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 | €272,433 | €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 | €107,137 | €287,933 | €289,514 | €575,660 | €119,690 | €99,286 | ▼ 17.0% |
| Amounts payable within one year42/48 | €107,137 | €276,705 | €284,611 | €563,770 | €118,813 | €97,922 | ▼ 17.6% |
| Trade debts44 | €73,637 | €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 | ▲ 19× |
| Taxes450/3 | - | - | - | €748 | €508 | €9,669 | ▲ 19× |
| Other amounts payable47/48 | - | - | - | €460,000 | €26,000 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €11,890 | €876 | €1,364 | ▲ 55.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €83,826 | €97,809 | €178,358 | €210,243 | €222,524 | €86,852 | ▼ 61.0% |
| + Depreciation and write-downs630 | €778 | €1,200 | €1,200 | €1,200 | €1,200 | €422 | ▼ 64.8% |
| Operating cash flow (approximation) | €84,603 | €99,009 | €179,558 | €211,443 | €223,724 | €87,275 | ▼ 61.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €151,523 | €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.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 27-06-2024 | full format | 26-11-2024 | 2024-00606922 |
| 30-06-2023 | full format | 21-12-2023 | 2023-00536296 |
| 30-06-2022 | full format | 30-01-2023 | 2023-00018596 |
| 30-06-2021 | full format | 27-01-2022 | 2022-02500021 |
| 30-06-2020 | full format | 05-01-2021 | 2021-00300063 |
| 30-06-2019 | full format | 20-12-2019 | 2019-77000383 |
| 30-06-2018 | full format | 20-12-2018 | 2018-75400462 |
| 30-06-2017 | full format | 21-12-2017 | 2017-73000241 |
| 30-06-2016 | full format | 22-12-2016 | 2016-71400570 |
| 30-06-2015 | full format | 17-12-2015 | 2015-69500183 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, 1 in day-to-day management, last change in 2022
Board 2
H.O. Invest
CurrentDirector · since 01-07-2022 · Private limited company · permanent representative: Heidi Ollevier
JIRON
CurrentDirector · since 01-07-2022 · Private limited company · permanent representative: Jimmy Ollevier
Day-to-day management 1
JIRON
CurrentManaging director · since 01-07-2022 · Private limited company · permanent representative: Jimmy Ollevier
Permanent representatives 2
Heidi Ollevier
CurrentPermanent representative · since 01-07-2022 · for H.O. Invest
Jimmy Ollevier
CurrentPermanent representative · since 01-07-2022 · for JIRON
Statutory auditor 1
VRC BEDRIJFSREVISOREN
CurrentStatutory auditor · since 20-02-2023
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
6 of this company's 9 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
6 people since 2022, 3 in office
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| H.O. Invest |
|
| JIRON |
|
| VRC BEDRIJFSREVISOREN |
|
| Rudy Ollevier |
|
| Heidi Ollevier |
|
| Jimmy Ollevier |
|
Owners and capital
Owners
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%
According to the annual accounts to 30-06-2023 of BOXTRADE and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 22-10-2024 ↗
- TELIFRA 615 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 21-05-2024 Capital stated in the deed · €61,500 · 615 shares
Group and network
Connections & network
8 connected companiesThis company
Company
Director
Shareholding
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Linked via shared directors
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Acquisitions and mergers
1 transactionTaken over by:CONFORTLUXE
Acts, filings and financial milestones
2024
26-11
NBB filing
Annual accounts filed
financial year 2024 · full format
22-10
Gazette deed
Restructuring · End & cessationMerger · Declaration · Share issue15 facts ▸
Gazette deed
Restructuring · End & cessation
Merger · Declaration · Share issue15 facts ▸
- General meeting, 27-06-2024
- Merger, “fusie door overneming, artikel 12:25 eerste lid en tweede lid en 12:26 §1 laatste alinea WVV” (deed in Dutch)
- Other provision, 27-06-2024 (2 times)
- Other provision, 25-06-2024
- Other provision, “uitspraak te doen over de geschiktheid of opportuniteit van de verrichting, noch over de waardering van de vergoeding die als tegenprestatie voor de inbreng wor…” (deed in Dutch)
- Other provision, “late document delivery, De te verstrekken stukken en informatie werden ons niet tenminste één maand voor buitengewone algemene vergadering overhandigd” (deed in Dutch)
- Declaration, “shareholder access to documents, één maand voor de datum van deze algemene vergadering” (deed in Dutch)
- Declaration, “no material changes in assets, Het bestuursorgaan van de Overgenomen vennootschap heeft er zich van vergewist dat, tussen de datum van opstelling van het fusiev…” (deed in Dutch)
- Share issue, “nieuwe aandelen”, 3910 (deed in Dutch)
- Other provision, “Het bestuursorgaan van de Overnemende vennootschap, share creation mandate” (deed in Dutch)
- Board meeting, “geeft opdracht en volmacht aan het bestuursorgaan tot uitvoering van de genomen besluiten, De vergadering” (deed in Dutch)
- Power of attorney
- +3 further facts in this act
21-05
Gazette deed
RestructuringPermanent representatives: Heidi Ollevier, Jimmy Ollevier and Jacqueline Pauwels · Merger · Incorporation24 facts ▸
Gazette deed
Restructuring
Permanent representatives: Heidi Ollevier, Jimmy Ollevier and Jacqueline Pauwels · Merger · Incorporation24 facts ▸
- Merger, “fusie door overneming”, 3910 (deed in Dutch)
- Incorporation, 17-11-2008
- Other provision, “statutenwijziging, nog niet gewijzigd” (deed in Dutch)
- Capital, €61,500
- Board composition, H.O. Invest (director) (2 times)
- Permanent representative, Heidi Ollevier (director) (2 times)
- Board composition, Jiron BV (managing director)
- Permanent representative, Jimmy Ollevier (managing director)
- Board composition, TELIFRA (managing director)
- Permanent representative, Jacqueline Pauwels (managing director)
- Incorporation, 29-12-1972
- Other provision, “statutenwijziging, ongewijzigd sindsdien” (deed in Dutch)
- +12 further facts in this act
2023
21-12
NBB filing
Annual accounts filed
financial year 2023 · full format
30-06
Financial
Highest result from 2019 to 2024net €222,524 ▲5.8%
Operating result €290,154, net result €222,524, both a record.
30-06
Financial
Liquidity more than 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 €500,000equity €506,867 ▲63.3%
A profit in every financial year since 2019 builds equity to €506,867.
20-02
Gazette deed
Resignations: Rudy Ollevier, Jimmy Ollevier and Heidi OllevierAppointments: BV Jiron (director) and BV H.O. Invest (director) · Permanent representatives: Jimmy Ollevier and Heidi Ollevier · Reappointment: BV Vander Donckt-Roobrouck-Christiaens Bedrijfsrevisoren (statutory auditor)11 facts ▸
Gazette deed
Resignations: Rudy Ollevier, Jimmy Ollevier and Heidi Ollevier
Appointments: BV Jiron (director) and BV H.O. Invest (director) · Permanent representatives: Jimmy Ollevier and Heidi Ollevier · Reappointment: BV Vander Donckt-Roobrouck-Christiaens Bedrijfsrevisoren (statutory auditor)11 facts ▸
- Director resignation, Rudy Ollevier (director)
- Director resignation, Jimmy Ollevier (director)
- Director resignation, Heidi Ollevier (director)
- Director appointment, BV Jiron (director)
- Permanent representative, Jimmy Ollevier
- Director appointment, BV H.O. Invest (director)
- Permanent representative, Heidi Ollevier
- Auditor reappointment, BV Vander Donckt-Roobrouck-Christiaens Bedrijfsrevisoren (statutory auditor)
- Power of attorney, Alexander Soete
- Director appointment, BV Jiron (managing director)
- Board meeting, 27-01-2023
30-01
NBB filing
Annual accounts filed
financial year 2022 · full format
2022
27-01
NBB filing
Annual accounts filed
financial year 2021 · full format
2021
30-06
Financial
Equity above €500,000equity €560,100 ▲46.7%
A profit in every financial year since 2019 builds equity to €560,100.
05-01
NBB filing
Annual accounts filed
financial year 2020 · full format
Show earlier events
2019
20-12
NBB filing
Annual accounts filed
financial year 2019 · full format
2018
20-12
NBB filing
Annual accounts filed
financial year 2018 · full format
2017
21-12
NBB filing
Annual accounts filed
financial year 2017 · full format
2016
22-12
NBB filing
Annual accounts filed
financial year 2016 · full format
2015
17-12
NBB filing
Annual accounts filed
financial year 2015 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 15 annual accounts filed, the latest 10 are here; all 15 are under Financials.
3 of 9 deeds read
About the unread acts
Of the 9 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Inactive
Inactive
BOXTRADE is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 27 June 2024
- Last registered office
- Menensesteenweg 40, 8940 Wervikas published on 22 October 2024
- Legal form
- Public limited company
- Active since
- 2010 (first annual accounts)
Recognitions · licences · registrations
Legal Entity Identifier
54930002LOTHTTMTG620
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Articles of association
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Accounting effect: “01-01-2024” (deed in Dutch)5 more provisions in the deed, see the deed of 22-10-2024
Read from the deeds: 6 provisions, deed of 22-10-2024