FOX POWER
ActiveFOX POWER is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For FOX POWER, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €256k and a net result of €19k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 38% of 9864 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: One filing cycle is missing
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 327 days later.
NBB · 7 filingsPosition against the passed deadline
31-03-2025 close31-10-2025 deadline23-09-2026 today
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 05-12-2024, 35 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
not filed
2024
35 d late
2023
36 d early
2022
28 d early
2021
25 d early
2020
16 d early
2019
23 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€256k▲ 8.2%
2023 · €236k
2019: €177k
2020: €206k
2021: €222k
2022: €226k
2023: €236k
2019 → 2024
Net result
€19k▲ 97.2%
2023 · €10k
2019: €44k
2020: €30k
2021: €15k
2022: €5k
2023: €10k
2019 → 2024
Total assets
€624k▲ 0.3%
2023 · €622k
2019: €609k
2020: €612k
2021: €645k
2022: €633k
2023: €622k
2019 → 2024
Solvency
41.0%▲ 3.0pp
2023 · 38.0%
2019: 29.0%
2020: 33.7%
2021: 34.4%
2022: 35.8%
2023: 38.0%
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€206k-€222k▲ 7.4%€226k▲ 2.2%€236k▲ 4.4%€256k▲ 8.2%
Operating result€15k-€12k▼ 17.7%€15k▲ 21.3%€20k▲ 36.9%€33k▲ 61.2%
Net result€30k-€15k▼ 48.5%€5k▼ 68.0%€10k▲ 102%€19k▲ 97.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 61% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €624k
Fixed assets
€594k=
Current assets
€30k▲ 7.4%
Equity and liabilities €624k
Equity
€256k▲ 8.2%
Debt
€368k▼ 4.5%
The debt ratio falls from 62.0% to 59.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
41.0%▲
2023 · 38.0%
ROE
7.6%▲
2023 · 4.2%
ROA
3.1%▲
2023 · 1.6%
Debt
€368k▼
2023 · €386k
Debt ≤ 1 year
€181k▲
2023 · €154k
Debt > 1 year
€187k▼
2023 · €232k
Income taxes
€5k▲
2023 · €3k
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€622k€624k▲
Fixed assets21/28€594k€594k=
Financial fixed assets28€594k€594k=
Current assets29/58€28k€30k▲
Amounts receivable within one year40/41€26k€30k▲
Trade receivables40€19k€25k▲
Other amounts receivable41€7k€5k▼
Cash at bank and in hand54/58€3k€548▼
Equity and liabilities
Total equity and liabilities10/49€622k€624k▲
Equity10/15€236k€256k▲
Contributions10/11€30k€30k=
Reserves13€206k€226k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€203k€223k▲
Amounts payable17/49€386k€368k▼
Amounts payable after more than one year17€232k€187k▼
Financial debts170/4€52k€7k▼
Other amounts payable178/9€180k€180k=
Amounts payable within one year42/48€154k€181k▲
Current portion of amounts payable after more than one year42€47k€48k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€58k€79k▲
Taxes450/3€11k€12k▲
Remuneration and social security454/9€48k€67k▲
Other amounts payable47/48€47k€52k▲
Income statement
Code20232024
Other operating charges640/8€460€549▲
Gross operating margin9900€21k€34k▲
Operating profit (loss)9901€20k€33k▲
Financial income75/76B€36-
Recurring financial income75€36-
Financial charges65/66B€8k€8k▲
Recurring financial charges65€8k€8k▲
Profit (loss) for the period before taxes9903€13k€25k▲
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€10k€19k▲
Profit (loss) for the period to be appropriated9905€10k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€19k▲
Transfer to equity691/2€10k€19k▲
To other reserves6921€10k€19k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet €5k ▼68%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
2021
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Equity above €200kEq €206k ▲16.8%
2 profitable years in a row build equity to €206k.
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 2017
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.
Zeger van Heulestraat(Heu) 878501 KortrijkGround area
570 m²
Building footprint
199 m²
Volume, LiDAR
1,195 m³
Parcel 34016C0330/00C005, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zeger van Heulestraat(Heu) 87, 8501 Kortrijk
since 20172.261.567.965
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C0330/00C005 | Flanders | 570 m² | 1 · 198 m² | 11.5 m · 2 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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,764. 13,673 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded31-01-2017
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.