RED & BLACK
InactiveRED & BLACK was declared bankrupt on 16-09-2024 (Tribunal de l’entreprise du Hainaut, division Charleroi); the bankruptcy was closed for insufficient assets by judgment of 01-12-2025, published in the Belgian State Gazette on 15-12-2025.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 20-09-2024, 51 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
51 d late
2022
18 d early
2021
30 d late
2020
25 d late
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€40k▼ 8.8%
2018 · €44k
2018: €44k
2018 → 2019
EBIT margin
25.3%▲ 7.2pp
2018 · 18.1%
2018: 18.1%
2018 → 2019
Net result
€-6k▲ 55.5%
2022 · €-12k
2018: €3k
2019: €10k
2020: €-26k
2021: €-42k
2022: €-12k
2018 → 2023
Working capital
€-63k▼ 9.6%
2022 · €-57k
2018: €116k
2019: €124k
2020: €84k
2021: €-45k
2022: €-57k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€40k-
Equity€24k-€-15k€-44k▼ 203%€-57k▼ 27.9%€-62k▼ 9.7%
Operating result€10k-€-25k€-42k▼ 67.1%€-5k▲ 88.3%€-4k▲ 13.5%
Net result€10k-€-26k€-42k▼ 64.2%€-12k▲ 70.9%€-6k▲ 55.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2023 against €5k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €42k
Fixed assets
€321 =
Current assets
€42k ▼ 13.6%
Key figures and ratios
Solvency
-147.4%▼
2022 · -116.2%
Current ratio
0.40▼
2022 · 0.46
Debt to equity
-1.68▲
2022 · -1.86
ROA
-13.0%▲
2022 · -25.3%
Debt
€104k▼
2022 · €106k
Debt ≤ 1 year
€104k▼
2022 · €106k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 37 lines
Balance sheet
Code20222023
Assets
Total assets20/58€49k€42k▼
Fixed assets21/28€321€321=
Financial fixed assets28€321€321=
Current assets29/58€48k€42k▼
Amounts receivable within one year40/41€48k€42k▼
Trade receivables40€41k€38k▼
Other amounts receivable41€7k€3k▼
Cash at bank and in hand54/58€41€41=
Equity and liabilities
Total equity and liabilities10/49€49k€42k▼
Equity10/15€-57k€-62k▼
Contributions10/11€17k€17k=
Reserves13€639€639=
Non-distributable reserves130/1€639€639=
Reserves not available under the articles1311€639€639=
Profit (loss) carried forward14€-75k€-80k▼
Amounts payable17/49€106k€104k▼
Amounts payable within one year42/48€106k€104k▼
Current portion of amounts payable after more than one year42€393-
Trade debts44€22k€8k▼
Suppliers440/4€22k€8k▼
Taxes, remuneration and social security45€32k€34k▲
Taxes450/3€25k€32k▲
Remuneration and social security454/9€7k€2k▼
Other amounts payable47/48€52k€62k▲
Income statement
Code20222023
Remuneration, social security and pensions62€35k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€200-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8€7k€1k▼
Gross operating margin9900€39k€-3k▼
Operating profit (loss)9901€-5k€-4k▲
Financial charges65/66B€7k€1k▼
Recurring financial charges65€7k€1k▼
Profit (loss) for the period before taxes9903€-12k€-6k▲
Profit (loss) for the period9904€-12k€-6k▲
Profit (loss) for the period to be appropriated9905€-12k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-75k€-80k▼
Profit (loss) brought forward from the previous period14P€-62k€-75k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Hainaut, division Charleroi · RED & BLACK CHAUSSEE DE MONS 39/1, 6150 ANDERLUES. déclarée le 16 septembre 2024 · event 01-12-2025
2024
20-09
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · RED & BLACK CHAUSSEE DE MONS 39/1, 6150 ANDERLUES · event 16-09-2024
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
04-07
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · collectif · event 27-06-2024
17-04
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · collectif · event 11-04-2024
2023
21-12
Judicial reorganisation
Opening
Tribunal de l’entreprise du Hainaut · collectif · event 14-12-2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €10k ▲254%
Operating result €10k, net result €10k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ALAIN FIASSE RUE TUMELAIRE, 23/31, 6000 CHAR-
LEROI- .
Date provisoire de cessation de paiement : 16/09/2024 |
16-09-2024 → 01-12-2025 |