RED CUP
ActiveThe computed 12-month bankruptcy probability of RED CUP is 6.2% (elevated). The 2024 annual accounts show equity of €18k and a net result of €-853. Its solvency ranks better than 60% of 18939 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability43▼-51
Solvency66▲+3
Growth32
Track record94
Bankruptcy probability, 12 months
6.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.05 against 0.89 in 2023; short-term debt: 58.9% and cash: 27.6% of total assets), and 58.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
41.1%
Return on assets
-1.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
88 d late
2023
62 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€18k▼ 4.4%
2023 · €19k
2023: €19k
2023 → 2024
Total assets
€45k▼ 12.3%
2023 · €51k
2023: €51k
2023 → 2024
Net result
€-853
2023 · €10k
2023: €10k
2023 → 2024
Working capital
€1k
2023 · €-3k
2023: €-3k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€19k-€18k▼ 4.4%
Operating result€16k-€1k▼ 91.8%
Net result€10k-€-853
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 92% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45k
Fixed assets
€17k▼ 24.8%
Current assets
€28k▼ 2.2%
Equity and liabilities €45k
Equity
€18k▼ 4.4%
Debt
€26k▼ 17.0%
The debt ratio falls from 62.3% to 58.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▼
2023 · €23k
Cash flow
€5k▼
2023 · €17k
Solvency
41.1%▲
2023 · 37.7%
Current ratio
1.05▲
2023 · 0.89
Quick ratio
1.01▲
2023 · 0.85
Debt / equity
1.43▼
2023 · 1.65
ROE
-4.7%▼
2023 · 53.1%
ROA
-1.9%▼
2023 · 20.0%
Interest coverage
3.19▼
2023 · 7.04
Debt
€26k▼
2023 · €32k
Debt ≤ 1 year
€26k▼
2023 · €32k
Income taxes
€0▼
2023 · €3k
Staff costs
€-408▼
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€51k€45k▼
Fixed assets21/28€23k€17k▼
Tangible fixed assets22/27€15k€9k▼
Plant, machinery and equipment23€560€92▼
Furniture and vehicles24€8k€5k▼
Other tangible fixed assets26€6k€4k▼
Financial fixed assets28€8k€8k=
Current assets29/58€28k€28k▼
Stocks and contracts in progress3€1k€900▼
Stocks30/36€1k€900▼
Amounts receivable within one year40/41€67€12k▲
Trade receivables40-€11k
Other amounts receivable41€67€315▲
Cash at bank and in hand54/58€24k€12k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€51k€45k▼
Equity10/15€19k€18k▼
Contributions10/11€9k€9k=
Reserves13€10k€9k▼
Distributable reserves133€10k€9k▼
Amounts payable17/49€32k€26k▼
Amounts payable within one year42/48€32k€26k▼
Financial debts43€294€3▼
Credit institutions430/8€294€3▼
Trade debts44€4k€13k▲
Suppliers440/4€4k€3k▼
Bills of exchange payable441-€11k
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€8k€6k▼
Other amounts payable47/48€20k€7k▼
Income statement
Code20232024
Remuneration, social security and pensions62€5k€-408▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€7k€4k▼
Gross operating margin9900€35k€11k▼
Operating profit (loss)9901€16k€1k▼
Financial income75/76B€38€0▼
Recurring financial income75€38€0▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€13k€-853▼
Income taxes67/77€3k€0▼
Profit (loss) for the period9904€10k€-853▼
Profit (loss) for the period to be appropriated9905€10k€-853▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-853▼
Transfer from equity791/2-€853
Transfer to equity691/2€10k€0▼
To other reserves6921€10k€0▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 88 days late
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
NBB filing
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
Registered office, Charleroi · 1 establishment unit since 2022
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.
Place de la Digue 16000 CharleroiGround area
177 m²
Building footprint
146 m²
Volume, LiDAR
2,420 m³
Parcel 52011C0143/00W002, Wallonia · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
RED CUP
since 20222.330.897.132
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011C0143/00W002 | Wallonia | 177 m² | 1 · 146 m² | 19.2 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 siteCharleroi2.330.897.132
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Of 14,025 companies in sector 56301 we hold annual accounts for 4,894. 3,960 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-04-2022
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.