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RED CONCEPT

Inactive
KBO/BCE: BE 0824.388.053

RED CONCEPT was declared bankrupt on 09-08-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 21-10-2025, published in the Belgian State Gazette on 07-11-2025.

Summary

Inactive; last annual accounts for fiscal year 2023.

Signals

Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-06-2024, 33 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2023
33 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2023 accounts 33 days before the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.

Checked, nothing found (1)
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

History

RED CONCEPT has filed annual accounts once, for fiscal year 2023.1 On 9 August 2024 the company was declared bankrupt; the bankruptcy was closed on 21 October 2025.23

  1. 1National Bank, annual accounts 2023
  2. 2Belgian State Gazette, 02-09-2024
  3. 3Belgian State Gazette, 07-11-2025

Financials · fiscal year 2023, micro schema

Equity
-€74,297
Total assets
€29,485
Net result
-€51,103
Working capital
-€73,101

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €29,485
Fixed assets €173
Current assets €29,312
Key figures and ratios
2023 value
EBITDA
-€49,124
Cash flow
-€51,039
Solvency
-252.0%
Current ratio
0.29
Debt to equity
-1.40
ROA
-173.3%
Interest coverage
-25.76
Debt
€103,783
Debt ≤ 1 year
€102,413
Income taxes
€8
Annual accounts
Filed annual accounts As filed with the NBB · 2023 · 42 lines
Balance sheet Code2023
Assets
Total assets20/58€29,485
Fixed assets21/28€173
Tangible fixed assets22/27€173
Plant, machinery and equipment23€173
Current assets29/58€29,312
Amounts receivable within one year40/41€28,986
Trade receivables40€28,986
Cash at bank and in hand54/58€49
Deferred charges and accrued income490/1€277
Equity and liabilities
Total equity and liabilities10/49€29,485
Equity10/15-€74,297
Contributions10/11€18,600
Reserves13€62,560
Non-distributable reserves130/1€57,960
Reserves not available under the articles1311€57,960
Tax-exempt reserves132€4,600
Profit (loss) carried forward14-€155,457
Amounts payable17/49€103,783
Amounts payable within one year42/48€102,413
Financial debts43€14,203
Credit institutions430/8€14,203
Trade debts44€47,518
Suppliers440/4€47,518
Advances received on contracts in progress46€1,675
Taxes, remuneration and social security45€129
Taxes450/3€129
Other amounts payable47/48€38,889
Accrued charges and deferred income492/3€1,370
Income statement Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64
Other operating charges640/8€769
Gross operating margin9900-€48,355
Operating profit (loss)9901-€49,188
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,907
Recurring financial charges65€1,907
Profit (loss) for the period before taxes9903-€51,095
Income taxes67/77€8
Profit (loss) for the period9904-€51,103
Profit (loss) for the period to be appropriated9905-€51,103
Appropriation of the result
Profit (loss) to be appropriated9906-€155,457
Profit (loss) brought forward from the previous period14P-€104,355

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64
Other operating charges640/8€769
Gross operating margin9900-€48,355
Operating profit (loss)9901-€49,188
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,907
Recurring financial charges65€1,907
Profit (loss) for the period before taxes9903-€51,095
Income taxes67/77€8
Profit (loss) for the period9904-€51,103
Profit (loss) for the period to be appropriated9905-€51,103
Line2023
Assets
Total assets20/58€29,485
Fixed assets21/28€173
Tangible fixed assets22/27€173
Plant, machinery and equipment23€173
Current assets29/58€29,312
Amounts receivable within one year40/41€28,986
Trade receivables40€28,986
Cash at bank and in hand54/58€49
Deferred charges and accrued income490/1€277
Equity and liabilities
Total equity and liabilities10/49€29,485
Equity10/15-€74,297
Contributions10/11€18,600
Reserves13€62,560
Non-distributable reserves130/1€57,960
Reserves not available under the articles1311€57,960
Tax-exempt reserves132€4,600
Profit (loss) carried forward14-€155,457
Amounts payable17/49€103,783
Amounts payable within one year42/48€102,413
Financial debts43€14,203
Credit institutions430/8€14,203
Trade debts44€47,518
Suppliers440/4€47,518
Advances received on contracts in progress46€1,675
Taxes, remuneration and social security45€129
Taxes450/3€129
Other amounts payable47/48€38,889
Accrued charges and deferred income492/3€1,370
Line2023
Profit (loss) for the period9904-€51,103
+ Depreciation and write-downs630€64
Operating cash flow (approximation)-€51,039

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
07-11
Bankruptcy Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · event 21-10-2025
2024
02-09
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 09-08-2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
SignalNBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator POL MASSART
CHAUSSEE DE LA HULPE 110/5, 1000 FR BRUXELLES-VILLE
09-08-2024 → 21-10-2025