Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 383 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2025 was expected before 31 October 2025 and has not been filed.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
BLACK BOX NETWORK SERVICES from Zaventem, company number BE0427904513, closed financial year 2024 with a result of € -1.2 million after tax. For that financial year BLACK BOX NETWORK SERVICES recorded a gross margin of € 125,630 and equity of € -2.7 million. Compared with financial year 2023, the result moved from € -391,482 to € -1.2 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 18, 2025.
€ -2.7 million
▼ € 1.2 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
▼ 200 % more loss than in 2023
Profit after tax over the fiscal year.
€ 58,719
▼ 73% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.9 million.
People and assets in 2024
11.8
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 15% vs 2023
€ 106,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 2.9 million
▲ 43% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 267,023
▼ 2% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 737,868 | € 718,011 | € 125,630 | ▼ 83% |
| Profit after taxes | € -266,723 | € -391,482 | € -1,175,932 | ▼ € 784,450 |
| Equity | € -1,128,387 | € -1,519,870 | € -2,695,802 | ▼ € 1.2 million |
| Total debts | € 3,368,743 | € 3,978,345 | € 4,678,276 | ▲ 18% |
| Cash | € 122,375 | € 220,701 | € 58,719 | ▼ 73% |
| Retained profit | € -4,293,787 | € -4,685,270 | € -5,861,202 | ▼ € 1.2 million |
| Balance sheet total | € 2,245,318 | € 2,467,831 | € 1,985,684 | ▼ 20% |
| Employees (FTE) | 11.8 | 11.8 | 11.8 |
Key figures of BLACK BOX NETWORK SERVICES, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 October 2025.
What happened to BLACK BOX NETWORK SERVICES?
What happened at BLACK BOX NETWORK SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 1.2 million. filed late Source: NBB ↗
- Kurt Bruggeman stepped down as director. NBB
- Andrew Van Der Wit stepped down as director. NBB
- Keith Anthony Pado stepped down as director. NBB
- Brian Richard Fisher stepped down as director. NBB
- Keith Anthony Pado became a director. NBB
- Brian Richard Fisher became a director. NBB
- Kurt Bruggeman became a director. NBB
In short
From € 266,723 loss in 2022 to € 1.2 million loss in 2024.
Paid € 9,130 in corporate taxes since 2022.
On average € 10,600 of value added per employee in 2024.
Management
Directors
According to the 2024 annual accounts
Brian Richard Fisher
Director
since 2022 · until 2024
Kurt Bruggeman
Managing director
since 2019 · until 2025
Andrew Van Der Wit
Director
since 2019 · until 2025
Keith Anthony Pado
Director
since 2024 · until 2025
Establishments
Establishment units
Physical locations of this company
Ikaroslaan 57
1930 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
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Website info
Features
Security
Network
Details
- Company number
- 0427.904.513
- VAT number
- BE 0427.904.513
- Registered office
- Ikaroslaan 57, 1930 Zaventem
- Names & denominations
- BLACK BOX NETWORK SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 October 1985
- Peppol
- Not registered
- Contact
- blackbox.be
- Activities · NACE
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