Summary
RED 5 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €9,084 and a net result of -€6,660. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 125 sector peers (fiscal year 2026). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2026, abbreviated schema, statutory accounts
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €436 | €736 | €575 | €387 | €576 | ▲ 48.6% |
| Gross operating margin9900 | €1,121 | -€348 | -€321 | -€8,255 | -€5,491 | ▲ 33.5% |
| Operating profit (loss)9901 | €685 | -€1,084 | -€896 | -€8,643 | -€6,066 | ▲ 29.8% |
| Financial income75/76B | €291,153 | - | - | - | - | - |
| Recurring financial income75 | €291,153 | - | - | - | - | - |
| Non-recurring financial income76B | €291,153 | - | - | - | - | - |
| Financial charges65/66B | €175,097 | - | €547 | €83,617 | €594 | ▼ 99.3% |
| Recurring financial charges65 | €131 | - | €547 | €83,617 | €594 | ▼ 99.3% |
| Non-recurring financial charges66B | €174,966 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €116,740 | -€1,084 | -€1,443 | -€92,260 | -€6,660 | ▲ 92.8% |
| Income taxes67/77 | €22,030 | - | - | - | - | - |
| Profit (loss) for the period9904 | €94,710 | -€1,084 | -€1,443 | -€92,260 | -€6,660 | ▲ 92.8% |
| Profit (loss) for the period to be appropriated9905 | €94,710 | -€1,084 | -€1,443 | -€92,260 | -€6,660 | ▲ 92.8% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €326,610 | €137,148 | €110,238 | €34,557 | €28,837 | ▼ 16.6% |
| Fixed assets21/28 | €4 | €4 | €4 | €4 | €4 | = |
| Financial fixed assets28 | €4 | €4 | €4 | €4 | €4 | = |
| Current assets29/58 | €326,606 | €137,144 | €110,234 | €34,553 | €28,833 | ▼ 16.6% |
| Amounts receivable within one year40/41 | €307,849 | €118,386 | €91,477 | €8,696 | €8,696 | = |
| Trade receivables40 | €8,000 | - | - | - | - | - |
| Other amounts receivable41 | €299,849 | €118,386 | €91,477 | €8,696 | €8,696 | = |
| Cash at bank and in hand54/58 | €16,819 | €16,819 | €16,819 | €23,916 | €18,200 | ▼ 23.9% |
| Deferred charges and accrued income490/1 | €1,938 | €1,938 | €1,938 | €1,941 | €1,938 | ▼ 0.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €326,610 | €137,148 | €110,238 | €34,557 | €28,837 | ▼ 16.6% |
| Equity10/15 | €110,530 | €109,447 | €108,004 | €15,744 | €9,084 | ▼ 42.3% |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Profit (loss) carried forward14 | €60,530 | €59,447 | €58,004 | -€34,256 | -€40,916 | ▼ 19.4% |
| Amounts payable17/49 | €216,080 | €27,701 | €2,235 | €18,813 | €19,754 | ▲ 5.0% |
| Amounts payable within one year42/48 | €216,080 | €27,701 | €2,235 | €18,813 | €19,754 | ▲ 5.0% |
| Financial debts43 | - | - | €83 | - | - | - |
| Credit institutions430/8 | - | - | €83 | - | - | - |
| Trade debts44 | €1,871 | €5,671 | €2,152 | €1,813 | €2,754 | ▲ 51.9% |
| Suppliers440/4 | €1,871 | €5,671 | €2,152 | €1,813 | €2,754 | ▲ 51.9% |
| Taxes, remuneration and social security45 | €22,030 | €22,030 | - | - | - | - |
| Taxes450/3 | €22,030 | €22,030 | - | - | - | - |
| Other amounts payable47/48 | €192,179 | - | - | €17,000 | €17,000 | = |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €94,710 | -€1,084 | -€1,443 | -€92,260 | -€6,660 | ▲ 92.8% |
| Operating cash flow (approximation) | €94,710 | -€1,084 | -€1,443 | -€92,260 | -€6,660 | ▲ 92.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0 | €0 | €7,097 | -€5,716 | ▼ 181% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Show earlier events
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0121/00A008 | Brussels | 975 m² | 1 · 1,484 m² | 31.4 m · 6 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-01-2026 list no shareholders, and no other source names one.
Holdings 1
- GLAM HOLDINGsubsidiaryEquity -€68.4mResult -€335,28198.52%
According to the annual accounts to 31-01-2026 of RED 5 and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
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