Bankrupt · Opening faillissement (CBE)

10X

BE0756507354

Rechtspersoon Private limited company 1 establishment

10X is a publisher in Etterbeek. Private Limited, started on 13 October 2020, 1 establishment.

Sint-Michielslaan 47, 1040 Etterbeek

Behind the company: David MC GOWAN.

Start date

13 October 2020

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 36 % of short-term debt in 2023; threshold 65 %.

  • Busy address KBO

    41 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

10X from Etterbeek, company number BE0756507354, closed financial year 2023 with a result of € -69,174 after tax. For that financial year 10X recorded a gross margin of € 33,343 and equity of € -21,698. Compared with financial year 2022, the result moved from € -156 to € -69,174. 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 December 6, 2024.

What it is worth Caution

€ -21,698

▼ € 69,175 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -69,174

▼ 44297 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 100

▼ 90% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -26,698.

People and assets in 2023

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 60,151

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1,089

▲ 16% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt

€ 82,193

▲ 55% vs 2022

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 94,331

▲ 134% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 31,078

▼ 44% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 55,175 € 1,136 € 33,343 ▲ € 32,208
Profit after taxes € 42,632 € -156 € -69,174 ▼ € 69,019
Equity € 47,632 € 47,476 € -21,698 ▼ € 69,175
Total debts € 108,681 € 214,971 € 350,934 ▲ 63%
Cash € 403 € 1,008 € 100 ▼ 90%
Retained profit € 42,632 € 42,476 € -26,698 ▼ € 69,175
Bank debt € 37,094 € 53,120 € 82,193 ▲ 55%
Balance sheet total € 156,313 € 262,447 € 329,236 ▲ 25%

Key figures of 10X, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to 10X?

What happened at 10X in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

10X is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 69,175. filed late Source: NBB ↗
  • New establishment in Etterbeek. KBO
  • Start of the company according to the CBE. KBO

In short

From € 42,632 profit in 2021 to € 69,175 loss in 2023.

Paid € 15,468 in corporate taxes since 2021.

Best year ever: 2021, with € 42,632 profit.

Management

David MC GOWAN

Behind 10X is David MC GOWAN. David MC GOWAN is also behind Together Media.

See the full network in the app

Directors

According to the 2023 annual accounts

David MC GOWAN

Director

Also active at: Together Media

Establishments

Establishment units

Physical locations of this company

Registered office

Sint-Michielslaan 47

1040 Etterbeek

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0756.507.354
VAT number
BE 0756.507.354
Registered office
Sint-Michielslaan 47, 1040 Etterbeek
Names & denominations
10X
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
13 October 2020
Peppol
Not registered
Activities · NACE

Uitgeven van tijdschriften

Uitgeverijen van tijdschriften

Activiteiten van reclamebureaus

Overige zakelijke dienstverlening, neg

Frequently asked questions

What does 10X do?
10X is a publisher in Etterbeek. Private Limited, started on 13 October 2020, 1 establishment.
What is the address of 10X?
The registered office of 10X is located at Sint-Michielslaan 47, 1040 Etterbeek.
Is 10X still active?
No. The CBE lists 10X with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is 10X registered on Peppol?
No, 10X is currently not registered on the Peppol network.
What is the enterprise number of 10X?
The enterprise number of 10X is BE0756507354.
When was 10X founded?
10X was founded on 13 October 2020.