Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
INBOX from Sint-Martens-Latem, company number BE0668520040, closed financial year 2025 with a result of € -68,499 after tax. For that financial year INBOX recorded revenue of € 20,000 and equity of € 11 million. Compared with financial year 2024, the result moved from € -68,236 to € -68,499. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2026.
€ 11 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today. At incorporation the founders contributed € 11 million in kind: shares or other assets, valued in the deed.
€ -68,499
Profit after tax over the fiscal year.
€ 4,601
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -27,965.
Debts at end 2025
€ 4 million
▲ 12% vs 2024
€ 257,000 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 7,275
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 146 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,000 | € 80,000 | € 20,000 | € 20,000 | |
| Profit after taxes | € -70,773 | € 476,935 | € -68,236 | € -68,499 | |
| Equity | € 10,631,835 | € 11,108,770 | € 11,040,534 | € 10,972,035 | ▼ 1% |
| Total debts | € 4,370,471 | € 3,945,166 | € 4,013,738 | € 4,052,120 | ▲ 1% |
| Cash | € 3,692 | € 6,892 | € 64,500 | € 4,601 | ▼ 93% |
| Retained profit | € -368,165 | € 108,770 | € 40,534 | € -27,965 | ▼ € 68,499 |
| Bank debt | € 4,247,253 | € 3,933,727 | € 3,578,984 | € 4,023,406 | ▲ 12% |
| Balance sheet total | € 15,002,305 | € 15,053,936 | € 15,054,271 | € 15,024,155 |
Key figures of INBOX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to INBOX?
What happened at INBOX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 68,499. filed late Source: NBB ↗
- PIETER DENYS became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Sint-Martens-Latem. KBO
In short
From € 70,773 loss in 2022 to € 68,499 loss in 2025.
Best year ever: 2023, with € 476,935 profit.
Pays suppliers within 146 days on average.
Management
Behind INBOX is PIETER DENYS. The shares are held by PIETER DENYS (100%). It owns 100% of Pk Immo, 100% of Xwift Racing Events, 100% of Xwift Logistics, 100% of Deertrans and 96.7% of Xwift itself.
Directors
According to the 2025 annual accounts
PIETER DENYS
Director
Owns 100% directly
Also active at: TRANSPORTS JOS PLAS & CIE BVBA, VADESCO LOGISTICS, V.D.C., FLINSTONE, TRADE AND TRANSPORT CORPORATION, Xwift Logistics
since 2022
Shareholders
PIETER DENYS · director
100%
Participations
Establishments
Establishment units
Physical locations of this company
Oudburgweg 29B
9830 Sint-Martens-Latem
Oudburgweg 29 box B
9830 Sint-Martens-Latem
Active since 28 December 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DENYS Pieter Jan(oprichter) 100%
Details
- Company number
- 0668.520.040
- VAT number
- BE 0668.520.040
- Registered office
- Oudburgweg 29B, 9830 Sint-Martens-Latem
- Names & denominations
- INBOX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2016
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings