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FOX

Active
Public limited companyfounded 1997active for 29 yearsGemeenteplein 22, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0460.798.302
Summary

FOX has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163,675 and a net result of €76,821, of which €75,601 non-recurring income. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 9,811 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, abbreviated format

Turnover
≈ €560,000
Estimated: probably between €350,000 and €790,000
Total assets
€229,664▲ 11.1%
2024 · €206,741
Net result
€76,821▼ 35.9%
2024 · €119,791
Working capital
€88,971▲ 537×
2024 · €166
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 9% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€112,030 2025 Net result€76,821 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€22,841--€626▲ 97.3%-€59,033▼ 9,335%-€63,592▼ 7.7%€36,455€122,700▲ 237%€112,030▼ 8.7%
Net result-€36,182--€8,908below the sector's middle half▲ 75.4%-€66,615below the sector's middle half▼ 648%-€71,317below the sector's middle half▼ 7.1%€32,700within the sector's middle half€119,791within the sector's middle half▲ 266%€76,821within the sector's middle half▼ 35.9%
Equity€81,202-€72,294below the sector's middle half▼ 11.0%€5,679below the sector's middle half▼ 92.1%-€65,638below the sector's middle half-€32,937below the sector's middle half▲ 49.8%€86,854below the sector's middle half€163,675within the sector's middle half▲ 88.4%
Total assets€561,157-€463,310below the sector's middle half▼ 17.4%€411,189below the sector's middle half▼ 11.2%€352,719below the sector's middle half▼ 14.2%€231,342below the sector's middle half▼ 34.4%€206,741below the sector's middle half▼ 10.6%€229,664below the sector's middle half▲ 11.1%
Debt€476,297-€389,664▼ 18.2%€404,957▲ 3.9%€418,246▲ 3.3%€264,279▼ 36.8%€119,887▼ 54.6%€65,990▼ 45.0%
Working capital-€173,006--€139,557below the sector's middle half▲ 19.3%-€164,344below the sector's middle half▼ 17.8%-€215,905below the sector's middle half▼ 31.4%-€86,634below the sector's middle half▲ 59.9%€166below the sector's middle half€88,971within the sector's middle half▲ 537×
Solvency14.5%-15.6%below the sector's middle half▲ 1.1pp1.4%below the sector's middle half▼ 14.2pp-18.6%below the sector's middle half▼ 20.0pp-14.2%below the sector's middle half▲ 4.4pp42.0%within the sector's middle half▲ 56.2pp71.3%above the sector's middle half▲ 29.3pp
Current ratio0.25-0.20below the sector's middle half▼ 0.040.24below the sector's middle half▲ 0.040.18below the sector's middle half▼ 0.070.67below the sector's middle half▲ 0.491.00below the sector's middle half▲ 0.332.71within the sector's middle half▲ 1.71
Return on assets (ROA)-6.4%--1.9%below the sector's middle half▲ 4.5pp-16.2%below the sector's middle half▼ 14.3pp-20.2%below the sector's middle half▼ 4.0pp14.1%above the sector's middle half▲ 34.4pp57.9%above the sector's middle half▲ 43.8pp33.4%above the sector's middle half▼ 24.5pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €229,664
Fixed assets €88,635 ▼ 18.3%
Current assets €141,029 ▲ 43.5%
Equity and liabilities €229,664
Equity €163,675 ▲ 88.4%
Debt €65,990 ▼ 45.0%
Debt's share of the balance-sheet total falls from 58.0% to 28.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€131,704▼
2024 · €153,433
Cash flow
€96,495▼
2024 · €150,524
Debt to equity
0.40▼
2024 · 1.38
ROE
46.9%▼
2024 · 137.9%
Interest coverage
54.49▼
2024 · 54.73
Debt ≤ 1 year
€52,058▼
2024 · €98,131
Debt > 1 year
€13,140▼
2024 · €20,964
Income taxes
€32,850▲
2024 · €197
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€206,741€229,664▲
Fixed assets21/28€108,444€88,635▼
Tangible fixed assets22/27€108,444€88,635▼
Land and buildings22€35,638€34,124▼
Plant, machinery and equipment23€11,046€8,221▼
Furniture and vehicles24€61,760€46,291▼
Current assets29/58€98,297€141,029▲
Amounts receivable within one year40/41€3,529€29,809▲
Trade receivables40€1,940€16,216▲
Other amounts receivable41€1,590€13,594▲
Cash at bank and in hand54/58€92,848€109,801▲
Deferred charges and accrued income490/1€1,919€1,419▼
Equity and liabilities
Total equity and liabilities10/49€206,741€229,664▲
Equity10/15€86,854€163,675▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€24,854€101,675▲
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€18,654€95,475▲
Amounts payable17/49€119,887€65,990▼
Amounts payable after more than one year17€20,964€13,140▼
Financial debts170/4€20,964€13,140▼
Amounts payable within one year42/48€98,131€52,058▼
Current portion of amounts payable after more than one year42€7,476€7,824▲
Trade debts44€56,420€8,308▼
Suppliers440/4€56,420€8,308▼
Taxes, remuneration and social security45€197€35,925▲
Taxes450/3€197€35,925▲
Other amounts payable47/48€34,038-
Accrued charges and deferred income492/3€792€792=
Income statement Code20242025
Non-recurring operating income76A€66,000€75,601▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,733€19,674▼
Other operating charges640/8€7,094€7,162▲
Gross operating margin9900€160,527€138,866▼
Operating profit (loss)9901€122,700€112,030▼
Financial income75/76B€92€58▼
Recurring financial income75€92€58▼
Financial charges65/66B€2,804€2,417▼
Recurring financial charges65€2,804€2,417▼
Profit (loss) for the period before taxes9903€119,988€109,671▼
Income taxes67/77€197€32,850▲
Profit (loss) for the period9904€119,791€76,821▼
Profit (loss) for the period to be appropriated9905€119,791€76,821▼
Appropriation of the result
Profit (loss) to be appropriated9906€17,188€76,821▲
Profit (loss) brought forward from the previous period14P-€102,603-
Transfer to equity691/2€17,188€76,821▲
To other reserves6921€17,188€76,821▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A----€46,517€66,000€75,601▲ 14.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77,446€76,363€69,546€51,989€15,175€30,733€19,674▼ 36.0%
Other operating charges640/8---€10,741€14,138€7,094€7,162▲ 1.0%
Gross operating margin9900€69,837€88,388€20,908-€861€65,769€160,527€138,866▼ 13.5%
Operating profit (loss)9901-€22,841-€626-€59,033-€63,592€36,455€122,700€112,030▼ 8.7%
Financial income75/76B---€35€376€92€58▼ 37.6%
Recurring financial income75€1,899€159€5€35€376€92€58▼ 37.6%
Financial charges65/66B---€7,272€3,743€2,804€2,417▼ 13.8%
Recurring financial charges65€13,664€9,679€7,967€7,272€3,743€2,804€2,417▼ 13.8%
Profit (loss) for the period before taxes9903-€34,607-€10,145-€66,995-€70,828€33,089€119,988€109,671▼ 8.6%
Transfer from deferred taxes780---€442€111---
Income taxes67/77€1,576€1,068€420€931€499€197€32,850▲ 166×
Profit (loss) for the period9904-€36,182-€8,908-€66,615-€71,317€32,700€119,791€76,821▼ 35.9%
Transfer from tax-exempt reserves789---€1,327€332---
Profit (loss) for the period to be appropriated9905-€36,182-€4,431-€65,646-€69,990€33,032€119,791€76,821▼ 35.9%
Line2019202020212022202320242025Change
Assets
Total assets20/58€561,157€463,310€411,189€352,719€231,342€206,741€229,664▲ 11.1%
Fixed assets21/28€504,068€427,705€358,159€306,170€55,176€108,444€88,635▼ 18.3%
Tangible fixed assets22/27€504,068€427,705€358,159€306,170€55,176€108,444€88,635▼ 18.3%
Land and buildings22---€306,170€49,567€35,638€34,124▼ 4.2%
Plant, machinery and equipment23----€2,248€11,046€8,221▼ 25.6%
Furniture and vehicles24----€3,361€61,760€46,291▼ 25.0%
Current assets29/58€57,089€35,605€53,029€46,549€176,166€98,297€141,029▲ 43.5%
Amounts receivable within one year40/41€34,461€11,049€5,440€11,152€93,889€3,529€29,809▲ 745%
Trade receivables40---€7,039€93,889€1,940€16,216▲ 736%
Other amounts receivable41---€4,113-€1,590€13,594▲ 755%
Cash at bank and in hand54/58€20,687€24,033€45,796€34,277€80,044€92,848€109,801▲ 18.3%
Deferred charges and accrued income490/1---€1,120€2,233€1,919€1,419▼ 26.1%
Equity and liabilities
Total equity and liabilities10/49€561,157€463,310€411,189€352,719€231,342€206,741€229,664▲ 11.1%
Equity10/15€81,202€72,294€5,679-€65,638-€32,937€86,854€163,675▲ 88.4%
Contributions10/11€62,000€62,000€62,000€62,000€62,000€62,000€62,000=
Capital10---€62,000€62,000€62,000€62,000=
Issued capital100---€62,000€62,000€62,000€62,000=
Reserves13€19,202€10,294€9,325€7,998€7,666€24,854€101,675▲ 309%
Non-distributable reserves130/1---€6,200€6,200€6,200€6,200=
Legal reserve130---€6,200€6,200€6,200€6,200=
Tax-exempt reserves132---€332----
Distributable reserves133---€1,466€1,466€18,654€95,475▲ 412%
Profit (loss) carried forward14---€65,646-€135,635-€102,603---
Provisions and deferred taxes16€3,658€1,353€553€111----
Deferred taxes168---€111----
Amounts payable17/49€476,297€389,664€404,957€418,246€264,279€119,887€65,990▼ 45.0%
Amounts payable after more than one year17€245,477€213,151€186,859€155,000-€20,964€13,140▼ 37.3%
Financial debts170/4---€155,000-€20,964€13,140▼ 37.3%
Amounts payable within one year42/48€230,095€175,163€217,373€262,454€262,800€98,131€52,058▼ 47.0%
Current portion of amounts payable after more than one year42---€31,858-€7,476€7,824▲ 4.7%
Trade debts44€160,922€129,384€148,577€165,311€199,354€56,420€8,308▼ 85.3%
Suppliers440/4---€165,311€199,354€56,420€8,308▼ 85.3%
Advances received on contracts in progress46---€1,303€1,303---
Taxes, remuneration and social security45---€450€3,696€197€35,925▲ 182×
Taxes450/3---€450€3,696€197€35,925▲ 182×
Other amounts payable47/48---€63,531€58,447€34,038--
Accrued charges and deferred income492/3---€792€1,479€792€792=
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€36,182-€8,908-€66,615-€71,317€32,700€119,791€76,821▼ 35.9%
+ Depreciation and write-downs630€77,446€76,363€69,546€51,989€15,175€30,733€19,674▼ 36.0%
Operating cash flow (approximation)€41,264€67,455€2,931-€19,328€47,876€150,524€96,495▼ 35.9%
Investment in fixed assets (approximation)-€0€0€0€235,819-€84,002€134-
Change in cash-€3,346€21,763-€11,519€45,768€12,804€16,952▲ 32.4%

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

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Latest 10 of 26 filings with the National Bank
Financial year Type Filed Reference
31-05-2025 abbreviated format 03-12-2025 2025-00576216
31-05-2024 abbreviated format 20-12-2024 2024-00622244
31-05-2023 abbreviated format 24-11-2023 2023-00516774
31-05-2022 abbreviated format 29-11-2022 2022-20527287
31-05-2021 abbreviated format 17-12-2021 2021-80700306
31-05-2020 abbreviated format 30-12-2020 2020-77900203
31-05-2019 abbreviated format 23-12-2019 2019-77200452
31-05-2018 abbreviated format 14-12-2018 2018-74600439
30-06-2016 abbreviated format 19-12-2016 2016-71100411
30-06-2015 abbreviated format 08-12-2015 2015-68500502

Show all 26 filings

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Of the 670 active companies whose main activity is wholesale of household textiles and bedding (NACE 46412), figures are known for 529. 411 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.