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FORMBOX

Bankruptcy
Private limited company (pre-2019)founded 2017Rue de l'Escalette(TOU) 102, 7500 Tournai, BelgiumKBO/BCE: BE 0680.716.801
Summary

The KBO register records for FORMBOX the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €7k and a net result of €2k.

Signals

Two 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 12-10-2021, 73 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
73 d late
2019
60 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 2020, micro schema

Equity
€7k▲ 29.0%
2019 · €5k
2018: €-13k 2019: €5k
2018 → 2020
Total assets
€17k▼ 14.8%
2019 · €20k
2018: €3k 2019: €20k
2018 → 2020
Net result
€2k▼ 91.4%
2019 · €18k
2018: €-19k 2019: €18k
2018 → 2020
Working capital
€7k▼ 0.4%
2019 · €7k
2018: €-5k 2019: €7k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201820192020Trend
Equity€-13k-€5k€7k▲ 29.0%
Operating result€-17k-€19k€3k▼ 85.8%
Net result€-19k-€18k€2k▼ 91.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2018: €-17k€-17kNet result 2018: €-19k€-19kOperating result 2019: €19k€19kNet result 2019: €18k€18kOperating result 2020: €3k€3kNet result 2020: €2k€2k201820192020€-20k€-10k€0€10k€20kOperating result 2018: €-17k€-17kNet result 2018: €-19k€-19kOperating result 2019: €19k€19kNet result 2019: €18k€18kOperating result 2020: €3k€2.8kNet result 2020: €2k€1.6k201820192020
The operating result falls in 2020; 2020 is 86% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €17k
Equity €7k ▲ 29.0%
Debt €10k ▼ 31.4%
Debt's share of the balance-sheet total falls from 72.6% to 58.4%. Equity is higher and debt is lower.
Key figures and ratios
2020 value · change against 2019
Current ratio
1.71
2019 · 1.55
ROE
22.5%
2019 · 337.7%
ROA
9.4%
2019 · 92.6%
Debt ≤ 1 year
€10k
2019 · €13k
Income taxes
€699
2019 · €228
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 · 2020 against 2019 · 19 lines
Balance sheet Code20192020
Assets
Total assets20/58€20k€17k
Current assets29/58€20k€17k
Amounts receivable within one year40/41€12k€9k
Cash at bank and in hand54/58€7k€8k
Equity and liabilities
Total equity and liabilities10/49€20k€17k
Equity10/15€5k€7k
Contributions10/11€6k-
Profit (loss) carried forward14€-783€790
Amounts payable17/49€14k€10k
Amounts payable after more than one year17€2k-
Amounts payable within one year42/48€13k€10k
Trade debts44€605€1k
Income statement Code20192020
Gross operating margin9900€19k€3k
Operating profit (loss)9901€19k€3k
Recurring financial charges65€875€482
Profit (loss) for the period before taxes9903€19k€2k
Income taxes67/77€228€699
Profit (loss) for the period9904€18k€2k
Profit (loss) for the period to be appropriated9905€18k€2k

Download as CSV

Timeline · acts, filings and financial milestones

2021
12-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 73 days late
2020
29-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial Back to profitnet €18k
Net result €18k after one loss-making year.
31-12
Financial Liquidity quadruplescurrent ratio 1.55
Current ratio from 0.40 to 1.55.
19-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Tournai · 1 establishment unit since 2017
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.

Rue de l'Escalette(TOU) 1027500 Tournai
Ground area
1,174 m²
Building footprint
212 m²
Volume, LiDAR
2,598 m³
2 parcels, Wallonia · tallest building 15.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FORMBOX
Rue Morel(TOU) 4, 7500 TournaiBook publishing
since 20172.267.807.342
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
57462D0574/00D000 Wallonia 635 m² 1 · 156 m² 15.8 m · 5 fl.
57463L0061/00X002 Wallonia 539 m² 1 · 57 m² 10.3 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,112 companies in sector 58110 we hold annual accounts for 363. 146 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 formPrivate limited company (pre-2019)
Founded05-09-2017
Fiscal year end31-12
Activities, NACEBEL 2025
58110Book publishing
58190Other publishing activities, excluding software publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

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