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ALLBOX

Open bankruptcy
Public limited companyfounded 1977Venetiëlaan 30, 8530 Harelbeke, BelgiumKBO/BCE: BE 0417.348.339
Summary

A bankruptcy procedure is open for ALLBOX according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €32.13M and a net result of €1.34M.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
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 · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-07-2024, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
15 d early
2022
19 d early
2021
18 d early
2020
11 d early
2019
67 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2023, full schema

Turnover
€35.73M▼ 19.2%
2022 · €44.24M
2018: €34.07M 2019: €30.92M 2020: €28.11M 2021: €36.87M 2022: €44.24M
2018 → 2023
EBIT margin
1.3%▲ 0.9pp
2022 · 0.3%
2018: 0.4% 2019: 3.6% 2020: 1.6% 2021: 1.3% 2022: 0.3%
2018 → 2023
Net result
€1.34M
2022 · €-337k
2018: €791k 2019: €589k 2020: €149k 2021: €44k 2022: €-337k
2018 → 2023
Working capital
€152k▲ 14.4%
2022 · €133k
2018: €482k 2019: €-670k 2020: €-128k 2021: €-105k 2022: €133k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Turnover€30.92M-€28.11M▼ 9.1%€36.87M▲ 31.1%€44.24M▲ 20.0%€35.73M▼ 19.2%
Equity€31.01M-€31.09M▲ 0.2%€31.13M▲ 0.1%€30.79M▼ 1.1%€32.13M▲ 4.4%
Operating result€1.12M-€445k▼ 60.4%€472k▲ 6.2%€149k▼ 68.4%€451k▲ 202%
Net result€589k-€149k▼ 74.8%€44k▼ 70.6%€-337k€1.34M
Result per fiscal year
Operating resultNet result
€-500k€0€500k€1.00M€1.50MOperating result 2019: €1.12M€1.12MNet result 2019: €589k€589kOperating result 2020: €445k€445kNet result 2020: €149k€149kOperating result 2021: €472k€472kNet result 2021: €44k€44kOperating result 2022: €149k€149kNet result 2022: €-337k€-337kOperating result 2023: €451k€451kNet result 2023: €1.34M€1.34M20192020202120222023€-500k€0€500k€1M€1.5MOperating result 2021: €472k€472kNet result 2021: €44k€44kOperating result 2022: €149k€149kNet result 2022: €-337k€-337kOperating result 2023: €451k€451kNet result 2023: €1.34M€1.3M202120222023
The operating result recovers in 2023; 2023 is 202% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €45.28M
Fixed assets €37.95M ▲ 0.4%
Current assets €7.33M ▲ 6.7%
Equity and liabilities €45.28M
Equity €32.13M ▲ 4.4%
Debt €13.15M ▼ 5.3%
Debt's share of the balance-sheet total falls from 31.1% to 29.0%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€1.49M
2022 · €1.24M
Cash flow
€2.38M
2022 · €754k
Current ratio
1.02
2022 · 1.02
Quick ratio
0.68
2022 · 0.50
Debt to equity
0.41
2022 · 0.45
ROE
4.2%
2022 · -1.1%
ROA
3.0%
2022 · -0.8%
Interest coverage
2.23
2022 · 3.80
Debt ≤ 1 year
€7.17M
2022 · €6.73M
Debt > 1 year
€5.85M
2022 · €7.12M
Income taxes
€2k
2022 · €543
Staff costs
€1.92M
2022 · €2.01M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 86 lines
Balance sheet Code20222023
Assets
Total assets20/58€44.67M€45.28M
Fixed assets21/28€37.80M€37.95M
Tangible fixed assets22/27€3.51M€3.68M
Plant, machinery and equipment23€1.56M€1.94M
Furniture and vehicles24€333k€240k
Other tangible fixed assets26€1.62M€1.50M
Financial fixed assets28€34.30M€34.27M
Affiliated companies280/1€34.30M€34.27M
Participating interests280€31.36M€31.36M=
Amounts receivable281€2.94M€2.91M
Current assets29/58€6.86M€7.33M
Stocks and contracts in progress3€3.49M€2.46M
Stocks30/36€3.49M€2.46M
Raw materials and consumables30/31€1.88M€1.20M
Finished goods33€1.19M€919k
Goods purchased for resale34€420k€343k
Amounts receivable within one year40/41€2.74M€3.81M
Trade receivables40€1.97M€1.20M
Other amounts receivable41€773k€2.62M
Cash at bank and in hand54/58€381k€714k
Deferred charges and accrued income490/1€250k€336k
Equity and liabilities
Total equity and liabilities10/49€44.67M€45.28M
Equity10/15€30.79M€32.13M
Contributions10/11€14.43M€14.43M=
Capital10€14.43M€14.43M=
Issued capital100€14.43M€14.43M=
Reserves13€901k€968k
Non-distributable reserves130/1€352k€419k
Legal reserve130€352k€419k
Tax-exempt reserves132€43k€43k=
Distributable reserves133€506k€506k=
Profit (loss) carried forward14€15.46M€16.73M
Amounts payable17/49€13.88M€13.15M
Amounts payable after more than one year17€7.12M€5.85M
Financial debts170/4€3.48M€2.03M
Credit institutions173€3.48M€2.03M
Other amounts payable178/9€3.64M€3.82M
Amounts payable within one year42/48€6.73M€7.17M
Current portion of amounts payable after more than one year42€1.45M€1.45M=
Financial debts43€178k€963k
Credit institutions430/8€178k€963k
Trade debts44€4.77M€4.25M
Suppliers440/4€4.77M€4.25M
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€334k€508k
Taxes450/3€169k€334k
Remuneration and social security454/9€165k€173k
Other amounts payable47/48-€1k
Accrued charges and deferred income492/3€26k€127k
Income statement Code20222023
Operating income70/76A€44.19M€35.83M
Turnover70€44.24M€35.73M
Change in stocks of work in progress, finished goods and contracts in progress71€-309k€-261k
Other operating income74€256k€287k
Non-recurring operating income76A-€71k
Operating charges60/66A€44.04M€35.38M
Goods for resale, raw materials and consumables60€26.15M€17.60M
Purchases600/8€25.23M€16.84M
Change in stocks: decrease (increase)609€921k€766k
Services and other goods61€13.59M€13.51M
Remuneration, social security and pensions62€2.01M€1.92M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.09M€1.04M
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-65k€155k
Other operating charges640/8€102k€53k
Non-recurring operating charges66A€1.17M€1.09M
Operating profit (loss)9901€149k€451k
Financial income75/76B€191k€1.82M
Recurring financial income75€191k€1.82M
Income from financial fixed assets750€65k€1.60M
Income from current assets751€105k€208k
Other financial income752/9€21k€8k
Financial charges65/66B€676k€925k
Recurring financial charges65€675k€925k
Debt charges650€326k€670k
Other financial charges652/9€349k€255k
Non-recurring financial charges66B€1k€0
Profit (loss) for the period before taxes9903€-336k€1.34M
Income taxes67/77€543€2k
Taxes670/3€543€2k
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€-337k€1.34M
Profit (loss) for the period to be appropriated9905€-337k€1.34M
Appropriation of the result
Profit (loss) to be appropriated9906€15.46M€16.80M
Profit (loss) brought forward from the previous period14P€15.79M€15.46M
Transfer to equity691/2€0€67k
To the legal reserve6920€0€67k
Social balance
Average headcount (FTE)908737.936.2

The notes to these accounts (82 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
27-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · ALLBOX NV VENETIELAAN 30, 8530 HARELBEKE · event 21-10-2025
2024
16-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €1.34M
Net result €1.34M after one loss-making year.
12-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet €-337k ▼872%
Net result drops to €-337k, the lowest in the series.
13-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
20-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
06-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 67 days late
2019
19-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
10-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
25-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
24-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
14 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, Harelbeke · 1 establishment unit since 1977
establishment The establishment unit on the map
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.

Venetiëlaan 308530 Harelbeke
Ground area
6,903 m²
Building footprint
4,773 m²
Volume, LiDAR
31,246 m³
Parcel 34322B0675/00T000, Flanders · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Venetiëlaan 30, 8530 Harelbeke
Manufacture of paper and paper products
since 19772.039.587.425
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34322B0675/00T000 Flanders 6,903 m² 1 · 4,773 m² 12.6 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.

Insolvency mandates

2 mandates
Role Name Tenure
Curator GUY DELABIE
ENGELSE WANDELING 74, 8510 MARKE
21-10-2025present
Curator ELLEN DE GEETER
DOORNIK- SEWIJK 134, 8500 KORTRIJK
21-10-2025present

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 10,000 EUR awarded · 10,000 EUR paid
Year Entries awardedpaid
2023 1 0 EUR10,000 EUR
2022 1 10,000 EUR0 EUR
Schemes
Werkbaarheidscheque (stopgezet)
2 entries · 10,000 EUR · 10,000 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

549300FSQOIXHBR8H637
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 189 companies in sector 17210 we hold annual accounts for 154. 46 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded01-07-1977
Fiscal year end31-12
Activities, NACEBEL 2025
17210Manufacture of paper and paper products
46492Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers

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