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CONBOX

Open bankruptcy
Private limited company (pre-2019)founded 2016August Van de Wielelei 161, 2100 Antwerpen, BelgiumKBO/BCE: BE 0666.997.041

A bankruptcy procedure is open for CONBOX according to publications in the Belgian State Gazette; curator: TOM HERMANS.

Summary

The 2021 annual accounts show equity of €13,836 and a net result of €17,418.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
18 October 2022
Supervising judge
Benoit Ide
Official Gazette
03-03-2023 (pdf) ↗search the document for 2023/108337

Curator

  • Tom HermansAmerikalei 122, 2000 Antwerpen 1tom.hermans@desdalex.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 08-09-2022, 39 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
39 d late
2020
30 d late
2019
69 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 December 2016, CONBOX was incorporated.1 Total assets went from EUR 12,163 in 2018 to EUR 192,836 in 2021.2 The company was declared bankrupt on 18 October 2022.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 03-03-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity
€13,836
2020 · -€3,582
Total assets
€192,836▲ 109%
2020 · €92,367
Net result
€17,418▲ 12.7%
2020 · €15,450
Working capital
-€29,718▲ 46.2%
2020 · -€55,199
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
Line2018201920202021
Operating result-€8,509--€7,642▲ 10.2%€16,379€22,753▲ 38.9%
Net result-€8,597--€7,873▲ 8.4%€15,450€17,418▲ 12.7%
Equity-€11,159--€19,032▼ 70.6%-€3,582▲ 81.2%€13,836
Total assets€12,163-€7,894▼ 35.1%€92,367▲ 1,070%€192,836▲ 109%
Debt€23,321-€26,926▲ 15.5%€95,949▲ 256%€179,000▲ 86.6%
Working capital-€20,204--€24,736▼ 22.4%-€55,199▼ 123%-€29,718▲ 46.2%
Staff (FTE)3.53▼ 14.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2018: -€8,509-€8,509Net result 2018: -€8,597-€8,597Operating result 2019: -€7,642-€7,642Net result 2019: -€7,873-€7,873Operating result 2020: €16,379€16,379Net result 2020: €15,450€15,450Operating result 2021: €22,753€22,753Net result 2021: €17,418€17,4182018201920202021-€10,000€0€10,000€20,000Operating result 2019: -€7,642-€7,640Net result 2019: -€7,873-€7,870Operating result 2020: €16,379€16,400Net result 2020: €15,450€15,400Operating result 2021: €22,753€22,800Net result 2021: €17,418€17,400201920202021
The operating result has risen three years in a row; 2021 is 39% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €192,836
Fixed assets €43,554 ▼ 15.6%
Current assets €149,282 ▲ 266%
Equity and liabilities €192,836
Equity €13,836
Debt €179,000
Debt finances 92.8% of the balance-sheet total.
Key figures and ratios
2021 value · change against 2020
EBITDA
€32,706▲
2020 · €21,335
Cash flow
€27,371▲
2020 · €20,406
Current ratio
0.83▲
2020 · 0.42
Quick ratio
0.39▼
2020 · 0.42
Debt to equity
12.94
ROE
125.9%
ROA
9.0%▼
2020 · 16.7%
Interest coverage
32.44
Debt ≤ 1 year
€179,000▲
2020 · €95,949
Income taxes
€3,028
Staff costs
€138,475
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 47 lines
Balance sheet Code20202021
Assets
Total assets20/58€92,367€192,836▲
Fixed assets21/28€51,617€43,554▼
Intangible fixed assets21€411-
Tangible fixed assets22/27€49,341€34,339▼
Plant, machinery and equipment23-€28,580
Furniture and vehicles24-€5,759
Financial fixed assets28€1,865€9,215▲
Current assets29/58€40,750€149,282▲
Stocks and contracts in progress3-€79,702
Stocks30/36-€79,702
Amounts receivable within one year40/41€29,531€64,377▲
Trade receivables40-€47,365
Other amounts receivable41-€17,011
Cash at bank and in hand54/58€10,341€4,876▼
Deferred charges and accrued income490/1-€328
Equity and liabilities
Total equity and liabilities10/49€92,367€192,836▲
Equity10/15-€3,582€13,836▲
Contributions10/11-€6,200
Outside capital11-€6,200
Other1109/19-€6,200
Profit (loss) carried forward14-€9,782€7,636▲
Amounts payable17/49€95,949€179,000▲
Amounts payable within one year42/48€95,949€179,000▲
Trade debts44€10,210€88,441▲
Suppliers440/4-€88,441
Advances received on contracts in progress46-€1,650
Taxes, remuneration and social security45-€7,058
Taxes450/3-€3,234
Remuneration and social security454/9-€3,824
Other amounts payable47/48-€81,851
Income statement Code20202021
Remuneration, social security and pensions62-€138,475
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,956€9,954▲
Other operating charges640/8-€1,638
Non-recurring operating charges66A-€3,494
Gross operating margin9900€61,444€176,313▲
Operating profit (loss)9901€16,379€22,753▲
Financial income75/76B-€240
Recurring financial income75€35€240▲
Financial charges65/66B-€2,547
Recurring financial charges65€751€1,008▲
Non-recurring financial charges66B-€1,539
Profit (loss) for the period before taxes9903€15,450€20,446▲
Income taxes67/77-€3,028
Profit (loss) for the period9904€15,450€17,418▲
Profit (loss) for the period to be appropriated9905€15,450€17,418▲
Appropriation of the result
Profit (loss) to be appropriated9906-€7,636
Profit (loss) brought forward from the previous period14P--€9,782

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Remuneration, social security and pensions62---€138,475-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,015€3,341€4,956€9,954▲ 101%
Other operating charges640/8---€1,638-
Non-recurring operating charges66A---€3,494-
Gross operating margin9900-€4,287-€2,825€61,444€176,313▲ 187%
Operating profit (loss)9901-€8,509-€7,642€16,379€22,753▲ 38.9%
Financial income75/76B---€240-
Recurring financial income75--€35€240▲ 588%
Financial charges65/66B---€2,547-
Recurring financial charges65--€751€1,008▲ 34.2%
Non-recurring financial charges66B---€1,539-
Profit (loss) for the period before taxes9903-€8,597-€7,873€15,450€20,446▲ 32.3%
Income taxes67/77---€3,028-
Profit (loss) for the period9904-€8,597-€7,873€15,450€17,418▲ 12.7%
Profit (loss) for the period to be appropriated9905-€8,597-€7,873€15,450€17,418▲ 12.7%
Line2018201920202021Change
Assets
Total assets20/58€12,163€7,894€92,367€192,836▲ 109%
Formation expenses20€489----
Fixed assets21/28€8,556€5,704€51,617€43,554▼ 15.6%
Intangible fixed assets21€1,234€822€411--
Tangible fixed assets22/27€7,323€4,882€49,341€34,339▼ 30.4%
Plant, machinery and equipment23---€28,580-
Furniture and vehicles24---€5,759-
Financial fixed assets28--€1,865€9,215▲ 394%
Current assets29/58€3,118€2,190€40,750€149,282▲ 266%
Stocks and contracts in progress3---€79,702-
Stocks30/36---€79,702-
Amounts receivable within one year40/41€3,013€2,131€29,531€64,377▲ 118%
Trade receivables40---€47,365-
Other amounts receivable41---€17,011-
Cash at bank and in hand54/58€104€59€10,341€4,876▼ 52.9%
Deferred charges and accrued income490/1---€328-
Equity and liabilities
Total equity and liabilities10/49€12,163€7,894€92,367€192,836▲ 109%
Equity10/15-€11,159-€19,032-€3,582€13,836▲ 486%
Contributions10/11€6,200€6,200-€6,200-
Outside capital11---€6,200-
Other1109/19---€6,200-
Profit (loss) carried forward14-€17,359-€25,232-€9,782€7,636▲ 178%
Amounts payable17/49€23,321€26,926€95,949€179,000▲ 86.6%
Amounts payable within one year42/48€23,321€26,926€95,949€179,000▲ 86.6%
Trade debts44-€3,416€10,210€88,441▲ 766%
Suppliers440/4---€88,441-
Advances received on contracts in progress46---€1,650-
Taxes, remuneration and social security45---€7,058-
Taxes450/3---€3,234-
Remuneration and social security454/9---€3,824-
Other amounts payable47/48---€81,851-
Line2018201920202021Change
Profit (loss) for the period9904-€8,597-€7,873€15,450€17,418▲ 12.7%
+ Depreciation and write-downs630€3,015€3,341€4,956€9,954▲ 101%
Operating cash flow (approximation)-€5,582-€4,533€20,406€27,371▲ 34.1%
Investment in fixed assets (approximation)--€489-€50,869-€1,891▲ 96.3%
Change in cash--€46€10,282-€5,465▼ 153%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2023
03-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 18-10-2022
2022
08-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
2021
31-12
Financial Highest result since 2018net €17,418 ▲12.7%
Operating result €22,753, net result €17,418, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Back to profitnet €15,450
Net result €15,450 after 2 loss-making years.
08-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
06-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 128 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Antwerpen · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
852 m²
Building footprint
243 m²
Volume, LiDAR
2,659 m³
Parcel 11344A0429/00B002, Flanders · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Conbox
August Van de Wielelei 161, 2100 AntwerpenPlumbing work
since 20162.261.541.340
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11344A0429/00B002 Flanders 852 m² 1 · 243 m² 13.7 m · 4 fl.
Linked by address, not proof of ownership
Good to know
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

1 mandate
Role Name Tenure
Curator TOM HERMANS
AMERIKALEI 122, 2000 ANTWERPEN 1-
18-10-2022 → present

Public money · subsidies and aid

Flemish government

2022 to 2024 · 4 entries · 9,755 EUR awarded · 9,755 EUR paid
Year Entries awardedpaid
2024 1 2,545 EUR3,604 EUR
2023 1 1,059 EUR1,205 EUR
2022 2 6,151 EUR4,946 EUR
Schemes
3 entries · 8,505 EUR · 8,505 EUR paid · Departement Werk en Sociale Economie
1 entry · 1,250 EUR · 1,250 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 907 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded06-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
31004Manufacture of dining room, living room, bedroom and bathroom furniture
43320Joinery installation
77399Renting and leasing of other machinery, equipment and tangible goods
95240Repair and maintenance of furniture and upholstery

Scores and ratios are computed by Checked and are not a credit decision.