RED 110
ActiveRED 110 has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €50k. Equity is growing by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 51% of 961 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+41
Solvency69▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.58 against 0.33 in 2024; short-term debt: 55.9% and cash: 6.5% of total assets), and 55.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.1%
Return on assets
68.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
93 d early
2023
12 d early
2022
27 d late
2021
39 d late
2020
2 d early
2019
243 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€35k
EBIT margin
-51.2%
Net result
€50k
2024 · €-3k
2018: €-18k
2019: €7k
2020: €3k
2021: €4k
2022: €632
2023: €2k
2024: €-3k
2018 → 2025
Working capital
€-17k▼ 6.2%
2024 · €-16k
2018: €-5k
2019: €4k
2020: €8k
2021: €-10k
2022: €-5k
2023: €-9k
2024: €-16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€12k-€12k▲ 5.4%€14k▲ 14.7%€11k▼ 19.7%€32k▲ 181%
Operating result€8k-€2k▼ 80.0%€3k▲ 109%€-2k€57k
Net result€4k-€632▼ 84.2%€2k▲ 190%€-3k€50k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €57k after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€49k▲ 78.5%
Current assets
€24k▲ 199%
Equity and liabilities €73k
Equity
€32k▲ 181%
Debt
€41k▲ 69.3%
The debt ratio falls from 67.8% to 55.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€76k▲
2024 · €9k
Cash flow
€69k▲
2024 · €8k
Solvency
44.1%▲
2024 · 32.2%
Current ratio
0.58▲
2024 · 0.33
Quick ratio
0.58▲
2024 · 0.33
Debt / equity
1.27▼
2024 · 2.11
ROE
156.1%▲
2024 · -24.6%
ROA
68.8%▲
2024 · -7.9%
Interest coverage
74.74▲
2024 · 9.20
Debt
€41k▲
2024 · €24k
Debt ≤ 1 year
€41k▲
2024 · €24k
Income taxes
€6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€36k€73k▲
Fixed assets21/28€28k€49k▲
Tangible fixed assets22/27€24k€46k▲
Furniture and vehicles24€24k€46k▲
Financial fixed assets28€4k€4k▲
Current assets29/58€8k€24k▲
Amounts receivable within one year40/41€3k€13k▲
Trade receivables40€2k€9k▲
Other amounts receivable41€944€4k▲
Cash at bank and in hand54/58€5k€5k▲
Deferred charges and accrued income490/1€139€6k▲
Equity and liabilities
Total equity and liabilities10/49€36k€73k▲
Equity10/15€11k€32k▲
Contributions10/11€19k€19k=
Reserves13-€14k
Distributable reserves133-€14k
Profit (loss) carried forward14€-7k-
Amounts payable17/49€24k€41k▲
Amounts payable within one year42/48€24k€41k▲
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€2k€6k▲
Taxes450/3€2k€6k▲
Other amounts payable47/48€19k€31k▲
Accrued charges and deferred income492/3-€5
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€18k▲
Other operating charges640/8€2k€7k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€11k€85k▲
Operating profit (loss)9901€-2k€57k▲
Financial income75/76B-€194
Recurring financial income75-€194
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€-3k€57k▲
Income taxes67/77-€6k
Profit (loss) for the period9904€-3k€50k▲
Profit (loss) for the period to be appropriated9905€-3k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€43k▲
Profit (loss) brought forward from the previous period14P€-4k€-7k▼
Transfer to equity691/2-€14k
To other reserves6921-€14k
Profit to be distributed694/7-€30k
Directors or managers695-€30k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 243 days late
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 2.07
Current ratio from 0.33 to 2.07; short-term debt falls from €7k to €4k.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Hoeilaart · 1 establishment unit since 2009
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.
Overijsesteenweg 821560 HoeilaartGround area
1.9 ha
Building footprint
7,726 m²
Volume, LiDAR
78,939 m³
2 parcels, Brussels, Flanders · tallest building 28.8 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
RED 110
since 20092.175.305.271
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23033B0268/00T004 | Flanders | 1.0 ha | 1 · 6,464 m² | 12.8 m · 2 fl. |
| 21372D0165/00D000 | Brussels | 9,179 m² | 1 · 1,262 m² | 28.8 m · 9 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
DG Dépannage
BE 0472.289.733
Frameries · Eq €32k
EGK TRANS
BE 0804.076.352
Tienen · Eq €32k
MADOTO
BE 0541.626.719
Evere · Eq €32k
MMGROUP
BE 1012.366.531
Anderlecht · Eq €32k
PHOENIX SERVICES
BE 1015.126.774
Sint-Pieters-Leeuw · Eq €31k
Of 1,725 companies in sector 52210 we hold annual accounts for 771. 492 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2009
Fiscal year end31-12
Activities, NACEBEL
52210Service activities incidental to land transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.