Red Dust
ActiveSummary
Red Dust has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €12k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 66% of 1518 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-1
Solvency91▲+39
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.26 against 1.36 in 2024; short-term debt: 29.4% and cash: 17.3% of total assets), and 34.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.7%
Return on assets
9.6%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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
12 d late
2024
42 d late
2023
106 d late
2022
65 d late
2021
4 d early
2020
17 d early
2019
14 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€81k▲ 9.6%
2024 · €74k
2018: €23k
2019: €31k
2020: €57k
2021: €57k
2022: €68k
2023: €64k
2024: €74k
2018 → 2025
Total assets
€123k▼ 54.6%
2024 · €270k
2018: €68k
2019: €97k
2020: €183k
2021: €110k
2022: €126k
2023: €155k
2024: €270k
2018 → 2025
Net result
€12k▼ 59.4%
2024 · €29k
2018: €10k
2019: €10k
2020: €28k
2021: €28k
2022: €20k
2023: €6k
2024: €29k
2018 → 2025
Working capital
€82k▲ 19.8%
2024 · €68k
2018: €16k
2019: €33k
2020: €61k
2021: €47k
2022: €63k
2023: €60k
2024: €68k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€68k▲ 18.6%€64k▼ 4.6%€74k▲ 14.1%€81k▲ 9.6%
Operating result€36k-€22k▼ 38.9%€16k▼ 28.4%€40k▲ 152%€19k▼ 51.1%
Net result€28k-€20k▼ 29.4%€6k▼ 68.6%€29k▲ 362%€12k▼ 59.4%
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 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €123k
Fixed assets
€5k ▼ 57.2%
Current assets
€118k ▼ 54.5%
Equity and liabilities €123k
Equity
€81k ▲ 9.6%
Debt
€42k ▼ 78.6%
Debt's share of the balance-sheet total falls from 72.8% to 34.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▼
2024 · €48k
Cash flow
€18k▼
2024 · €38k
Current ratio
3.26▲
2024 · 1.36
Debt to equity
0.52▼
2024 · 2.67
ROE
14.6%▼
2024 · 39.3%
ROA
9.6%▼
2024 · 10.7%
Interest coverage
10.41▼
2024 · 16.28
Debt ≤ 1 year
€36k▼
2024 · €191k
Debt > 1 year
€6k=
2024 · €6k
Income taxes
€6k▼
2024 · €8k
Staff costs
€40k
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 · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€270k€123k▼
Fixed assets21/28€11k€5k▼
Tangible fixed assets22/27€11k€4k▼
Plant, machinery and equipment23€879€125▼
Furniture and vehicles24€8k€4k▼
Leasing and similar rights25€2k€0▼
Financial fixed assets28€625€625=
Current assets29/58€259k€118k▼
Amounts receivable within one year40/41€144k€96k▼
Trade receivables40€141k€90k▼
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€112k€21k▼
Deferred charges and accrued income490/1€3k€860▼
Equity and liabilities
Total equity and liabilities10/49€270k€123k▼
Equity10/15€74k€81k▲
Contributions10/11€100€100=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14€65k€72k▲
Amounts payable17/49€197k€42k▼
Amounts payable after more than one year17€6k€6k=
Financial debts170/4€6k€6k=
Amounts payable within one year42/48€191k€36k▼
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€168k€25k▼
Suppliers440/4€168k€25k▼
Taxes, remuneration and social security45€15k€6k▼
Taxes450/3€15k€1k▼
Remuneration and social security454/9-€5k
Other amounts payable47/48€8k€0▼
Accrued charges and deferred income492/3€73€0▼
Income statement
Code20242025
Remuneration, social security and pensions62-€40k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€503€778▲
Gross operating margin9900€49k€67k▲
Operating profit (loss)9901€40k€19k▼
Financial income75/76B€66€1k▲
Recurring financial income75€66€1k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€37k€18k▼
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€29k€12k▼
Profit (loss) for the period to be appropriated9905€29k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€84k€72k▼
Profit (loss) brought forward from the previous period14P€55k€60k▲
Transfer from equity791/2-€5k
Profit to be distributed694/7€20k€5k▼
Return on contributions (dividend)694€20k€5k▼
The notes to these accounts (14 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 3.26
Current ratio from 1.36 to 3.26; short-term debt falls from €191k to €36k.
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
2024
31-12
Financial
Highest result since 2018net €29k ▲362%
Operating result €40k, net result €29k, both a record.
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 106 days late
2023
31-12
Financial
Weakest financial yearnet €6k ▼68.6%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2015
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.
Balansstraat 127/1292018 AntwerpenGround area
254 m²
Building footprint
231 m²
Volume, LiDAR
1,851 m³
Parcel 11810K1955/00V011, Flanders · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Red Dust
since 20152.238.952.911
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1955/00V011 | Flanders | 254 m² | 1 · 231 m² | 13.7 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 240 EUR awarded · 240 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 120 EUR | 120 EUR |
| 2022 | 1 | 120 EUR | 120 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,575 companies in sector 59113 we hold annual accounts for 703. 574 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
59113Video and film production, excluding cinema and television films
59111Production of cinema films
59112Motion picture, video and television programme production, sound recording and music publishing activities
59114Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.