RED ALLIGATOR
ActiveRED ALLIGATOR has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €-27k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 25% of 11323 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-71
Solvency34▼-47
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.08 against 2.71 in 2024; short-term debt: 78.8% and cash: 29.2% of total assets), and 90.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.2%
Return on assets
-14.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
34 d late
2024
7 d late
2023
41 d early
2022
62 d early
2021
32 d early
2020
43 d early
2019
16 d early
← 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
Equity
€17k▼ 85.6%
2024 · €118k
2018: €51k
2019: €74k
2020: €95k
2021: €144k
2022: €153k
2023: €136k
2024: €118k
2018 → 2025
Total assets
€186k▼ 12.4%
2024 · €212k
2018: €143k
2019: €158k
2020: €197k
2021: €233k
2022: €227k
2023: €211k
2024: €212k
2018 → 2025
Net result
€-27k
2024 · €4k
2018: €19k
2019: €33k
2020: €21k
2021: €49k
2022: €9k
2023: €-2k
2024: €4k
2018 → 2025
Working capital
€12k▼ 89.2%
2024 · €112k
2018: €49k
2019: €74k
2020: €92k
2021: €146k
2022: €151k
2023: €135k
2024: €112k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€144k-€153k▲ 6.4%€136k▼ 11.2%€118k▼ 13.4%€17k▼ 85.6%
Operating result€61k-€18k▼ 70.3%€-124€8k€-24k
Net result€49k-€9k▼ 81.3%€-2k€4k€-27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €24k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €186k
Fixed assets
€27k▼ 21.6%
Current assets
€158k▼ 10.5%
Equity and liabilities €186k
Equity
€17k▼ 85.6%
Debt
€169k▲ 79.5%
The debt ratio rises from 44.4% to 90.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-16k▼
2024 · €10k
Cash flow
€-20k▼
2024 · €6k
Solvency
9.2%▼
2024 · 55.6%
Current ratio
1.08▼
2024 · 2.71
Quick ratio
0.81▼
2024 · 1.86
Debt / equity
9.91▲
2024 · 0.80
ROE
-161.1%▼
2024 · 3.7%
ROA
-14.8%▼
2024 · 2.0%
Interest coverage
-4.96▼
2024 · 9.61
Debt
€169k▲
2024 · €94k
Debt ≤ 1 year
€146k▲
2024 · €65k
Debt > 1 year
€22k▼
2024 · €29k
Income taxes
€448▼
2024 · €3k
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€212k€186k▼
Fixed assets21/28€35k€27k▼
Tangible fixed assets22/27€35k€27k▼
Furniture and vehicles24€35k€27k▼
Financial fixed assets28€171€171=
Current assets29/58€177k€158k▼
Stocks and contracts in progress3€56k€40k▼
Stocks30/36€56k€40k▼
Amounts receivable within one year40/41€11k€10k▼
Trade receivables40€11k€10k▼
Current investments50/53€53k€52k▼
Cash at bank and in hand54/58€55k€54k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€212k€186k▼
Equity10/15€118k€17k▼
Contributions10/11€33k€33k=
Reserves13€78k€4k▼
Distributable reserves133€78k€4k▼
Profit (loss) carried forward14€7k€-20k▼
Amounts payable17/49€94k€169k▲
Amounts payable after more than one year17€29k€22k▼
Financial debts170/4€29k€22k▼
Amounts payable within one year42/48€65k€146k▲
Current portion of amounts payable after more than one year42€10k€6k▼
Trade debts44€28k€31k▲
Suppliers440/4€28k€31k▲
Taxes, remuneration and social security45€5k€15k▲
Taxes450/3€5k€15k▲
Other amounts payable47/48€23k€93k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€8k▲
Other operating charges640/8€4k€1k▼
Gross operating margin9900€14k€-15k▼
Operating profit (loss)9901€8k€-24k▼
Financial income75/76B€22€5▼
Recurring financial income75€22€5▼
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€7k€-27k▼
Income taxes67/77€3k€448▼
Profit (loss) for the period9904€4k€-27k▼
Profit (loss) for the period to be appropriated9905€4k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€-20k▼
Profit (loss) brought forward from the previous period14P€7k€7k▲
Transfer from equity791/2€23k€74k▲
Transfer to equity691/2€4k-
To other reserves6921€4k-
Profit to be distributed694/7€23k€74k▲
Return on contributions (dividend)694€23k€74k▲
The notes to these accounts (8 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
03-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 34 days late
2025
31-12
Financial
Weakest financial yearnet €-27k ▼734%
Net result drops to €-27k, the lowest in the series.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €153k ▲6.4%
5 profitable years in a row build equity to €153k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €49k ▲140%
Operating result €61k, net result €49k, both a record.
31-12
Financial
Equity above €100kEq €144k ▲52%
4 profitable years in a row build equity to €144k.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Fleurus · 2 establishment units since 2001
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.
Rue Emile Vandervelde(FL) 1176220 FleurusGround area
347 m²
Building footprint
328 m²
Volume, LiDAR
1,850 m³
2 parcels, Wallonia · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Rue Emile Vandervelde(FL) 117, 6220 Fleurus
since 20012.098.620.536
RED ALLIGATOR
since 20012.098.620.635
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52021D0018/00M002 | Wallonia | 260 m² | 1 · 263 m² | 11.1 m · 2 fl. |
| 52021D0235/00D000 | Wallonia | 88 m² | 1 · 65 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteFleurus2.098.620.536
Legal Entity Identifier
549300HG61Z51UB44L47
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Of 242 companies in sector 46382 we hold annual accounts for 142. 55 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-2001
Fiscal year end31-12
Activities, NACEBEL
46382Wholesale trade
51383
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.