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White Box

Active
Private limited companyfounded 2004active for 21 yearsKapellestraat 104, 8760 Tielt, BelgiumKBO/BCE: BE 0870.026.454
Summary

White Box has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €230,687 and a net result of €16,848. Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 95% of 5,684 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-11-2004 Normal situation
Activity
Combined facilities support activities NACE 81100and 1 other
Establishment unit
2.143.946.854 8760 Tielt, since 09-12-2004
Financial year end
30 September
Peppol
Reachable since 31-08-2023

Board and ownership

Board
  • Devolder WimDirector · since 09-11-2004

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Gross margin
€29,755
▼ 8.4%
Turnover
≈ €130,000
estimated
Profit
€16,848
▼ 10.1%
Equity
€230,687
▲ 7.9%
Total assets
€236,720
▲ 5.5%
Filed on 24-03-2026, 37 days before the deadline
Score breakdownraises riskSector: Services to buildings and landscape activities (NACE 81)lowers riskLiquidity: current ratio 22.09, cash €127,118Equity €230,687 (97.5% of total assets)Founded in 2004Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 73% of micro companies in building services and landscaping (NACE 81)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 97.5% of total assets
Liquidity 100=
short-term debt 2.5% · cash 53.7%
Profitability 78-1
return on assets 7.1%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,708 companies, NACE 81, micro)
Last 24 months 12-2024: < 0.1% 01-2025: 0.1%▲ +0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025highest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 22.09 (11.58 in 2024), above the usual 1.5. Short-term debt is 2.5% and cash 53.7% of total assets. 2.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro). It does better than 92% of them on solvency, 99% on liquidity, 54% on profitability and 49% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 22.09, cash €127,118
NBB · annual accounts
lowers risk · Equity €230,687 (97.5% of total assets)
NBB · annual accounts
raises risk · Sector: Services to buildings and landscape activities (NACE 81)
KBO
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
57 days early
2023
40 days early
2022
30 days early
2021
51 days early
2020
45 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 22 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in building services and landscapingsector median 40.5% · 5,684 companies 97.5% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €16,848 7 years View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as White Box: combined facilities support activities (NACE 81100). They are comparable in size and age: total assets between €187,000 and €277,000, founded between 2003 and 2008.

CompanyTotal assetsGross margin
White Box Tielt€236,720€29,755
GUY VLOEBERGH Antwerpen€246,725€30,515
DFZ ESTATE MANAGEMENT Gent€270,982€35,045
VF PROJECTS Kortrijk€237,780€53,246
ZONDER ZORGEN Zemst€187,159€25,591
MIRAX Tervuren€277,014€20,489
A.A.G. &Co Chastre€250,063€35,850
Full comparison

Key facts about White Box

What is the company number of White Box?
The company number of White Box is 0870.026.454. The VAT number is the same number with BE in front: BE 0870.026.454.
Where is White Box based?
The registered office is at Kapellestraat 104, 8760 Tielt.Company details
What does White Box do?
According to the KBO register, the main activity is combined facilities support activities (NACE 81100).
What is the legal form of White Box?
The legal form of White Box is Private limited company (BV).
When was White Box founded?
White Box was founded on 17-11-2004.
Is White Box still active?
Yes, White Box is an active enterprise in the KBO register.
What is the turnover of White Box?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €29,755 and 41 comparable companies (NACE 81). It probably lies between €80,000 and €210,000.Financials
Is White Box profitable?
In financial year 2025, White Box made a profit of €16,848.
Where can I find the annual accounts of White Box?
White Box filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of White Box due?
White Box must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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