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RED APPLE GROUP

Active
Private limited companyfounded 20197 yrs activeOude Haachtsesteenweg 59, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 0731.928.544
Summary

The computed 12-month bankruptcy probability of RED APPLE GROUP is 1.7% (moderate). The 2025 annual accounts show equity of €622,393 and a net result of -€69,905. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 52% of 5584 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
RED APPLE GROUPActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Freight transport by road
NACE 49410
1 site
Size
€1.6mtotal assets 2025
Equity
€622,393
Loss
-€69,905
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy chance 12 m
1.7%
Structure
Accounts filed 56 d late0 of 1 deed read
Why 54- Latest accounts 56 days late; 3 of the last 3 late- Sector Land transport and transport via pipelines (NACE 49)- Founded in 2019+ Size: total assets €1.6mShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 37% of its sector peers (NACE 49, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 65-13
equity 40.1% of total assets
Liquidity 42-11
short-term debt 42.7% · cash 9.8%
Profitability 57-12
return on assets -4.5%
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (8,995 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● 0.0% vs 11-2024 01-2025: 0.8%▼ -1.4% vs 12-2024lowest value 02-2025: 0.8%▲ +1.0% vs 01-2025 03-2025: 0.8%▲ +3.4% vs 02-2025 04-2025: 0.8%▼ -1.3% vs 03-2025 05-2025: 0.8%▲ +1.0% vs 04-2025 06-2025: 0.9%▲ +12.7% vs 05-2025 07-2025: 1.0%▲ +6.4% vs 06-2025 08-2025: 1.3%▲ +37.1% vs 07-2025 09-2025: 1.5%▲ +13.7% vs 08-2025 10-2025: 2.1%▲ +38.7% vs 09-2025highest value 11-2025: 1.0%▼ -54.2% vs 10-2025 12-2025: 1.0%▼ -2.3% vs 11-2025 01-2026: 0.9%▼ -1.3% vs 12-2025 02-2026: 0.9%▲ +0.5% vs 01-2026 03-2026: 1.0%▲ +2.2% vs 02-2026 04-2026: 1.0%▼ -1.3% vs 03-2026 05-2026: 0.9%▼ -4.5% vs 04-2026 06-2026: 0.9%▲ +4.6% vs 05-2026 07-2026: 1.1%▲ +11.7% vs 06-2026 08-2026: 1.4%▲ +36.6% vs 07-2026 09-2026: 1.6%▲ +10.1% vs 08-2026 10-2026: 1.7%▲ +4.8% vs 09-2026
  • Latest accounts 56 days late; 3 of the last 3 late raises the probability
  • Sector Land transport and transport via pipelines (NACE 49) raises the probability
  • Size: total assets €1.6m lowers the probability for this profile
  • Founded in 2019 raises the probability for this profile
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.72 in 2024; short-term debt: 42.7% and cash: 9.8% of total assets), and 59.9% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 49, micro). Better than this share of them on solvency 52%, liquidity 40%, profitability 31%, growth against the median 26%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 56 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Land transport and transport via pipelines (NACE 49)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: total assets €1.6m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Founded in 2019
In the bankruptcy model this factor raises the probability for this profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 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 · 6 filings
Deviation from the deadline
2025
56 d late
2024
60 d late
2023
69 d late
2022
86 d late
2021
59 d late
2020
87 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 41 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 29 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€69,905
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: From profit to loss in 2025after €7,267 in 2024 -€69,905 View
  • Caution: Among the weakest 5% on net resultsector median €5,808 · 5,559 companies -€69,905 View
  • Total assets 20256 fiscal years filed €1.6m View

By topic

Financials

Fiscal year
2025
Total assets
€1.6m
Loss
-€69,905
Solvency
40.1%
Total assets▲ 17.8%
Net result
20202025
Go to Financials

Timeline

Events
10
Since
2021
Next accounts
by 31-07-2027
  1. 25-09-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 29-09-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
07-08-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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