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 1 of the last 1 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Shitbox Adventures from Merelbeke-Melle, company number BE1016475965, closed financial year 2025 with a result of € -9,365 after tax. For that financial year Shitbox Adventures recorded a gross margin of € -8,880 and equity of € -6,365. 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 July 17, 2026.
€ -6,365
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,365
Profit after tax over the fiscal year.
€ 4,580
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9,365.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 613
Supplier invoices still open on the last day of the fiscal year.
€ 524
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
What happened to Shitbox Adventures?
What happened at Shitbox Adventures in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,365. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Merelbeke-Melle. KBO
- Freek Goethals became a director. NBB
- Bram De Man became a director. NBB
Management
Behind Shitbox Adventures are Freek Goethals and Bram De Man. Freek Goethals is also behind Freek Carbon Classics.
Directors
According to the 2025 annual accounts
since 2024
Bram De Man
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Hundelgemsesteenweg 697
9820 Merelbeke-Melle
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.
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 ↗- Bram Joris DE MAN(oprichter) 50%
- Freek Roger Madeleine Maria GOETHALS(oprichter) 50%
Details
- Company number
- 1016.475.965
- VAT number
- BE 1016.475.965
- Registered office
- Hundelgemsesteenweg 697, 9820 Merelbeke-Melle
- Names & denominations
- Shitbox Adventures
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 2024
- Peppol
- Active · Active since 2 Jan 2025
- Activities · NACE
Activiteiten van reisorganisatoren