RED HAWK
ActiveSummary
RED HAWK has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €58,226 and a net result of -€978. Equity remains stable across the filed fiscal years (±2.3% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability17▼-56
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 51.15 against 16.66 in 2023; short-term debt: 1.9% and cash: 97% of total assets), and 1.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
98.1%
Return on assets
-1.6%
Age of the figures
21 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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
37 d early
2023
34 d early
2022
39 d early
2021
38 d early
2020
37 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€58,226▼ 19.9%
2023 · €72,704
Total assets
€59,355▼ 23.1%
2023 · €77,196
Net result
-€978
2023 · €2,454
Working capital
€56,572▼ 19.6%
2023 · €70,365
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€2,157€31,461€1,868▼ 94.1%€2,712▲ 45.1%-€1,769
Net result-€2,206below the sector's middle half€22,502within the sector's middle half€982within the sector's middle half▼ 95.6%€2,454within the sector's middle half▲ 150%-€978below the sector's middle half
Equity€94,647within the sector's middle half▼ 2.3%€117,149within the sector's middle half▲ 23.8%€118,131within the sector's middle half▲ 0.8%€72,704within the sector's middle half▼ 38.5%€58,226within the sector's middle half▼ 19.9%
Total assets€96,741within the sector's middle half▼ 19.9%€121,638within the sector's middle half▲ 25.7%€120,835within the sector's middle half▼ 0.7%€77,196within the sector's middle half▼ 36.1%€59,355within the sector's middle half▼ 23.1%
Debt€2,094▼ 91.3%€4,489▲ 114%€2,704▼ 39.8%€4,492▲ 66.1%€1,128▼ 74.9%
Working capital€94,647above the sector's middle half▼ 1.9%€117,149above the sector's middle half▲ 23.8%€115,107above the sector's middle half▼ 1.7%€70,365within the sector's middle half▼ 38.9%€56,572within the sector's middle half▼ 19.6%
Solvency97.8%above the sector's middle half▲ 17.7pp96.3%above the sector's middle half▼ 1.5pp97.8%above the sector's middle half▲ 1.5pp94.2%above the sector's middle half▼ 3.6pp98.1%above the sector's middle half▲ 3.9pp
Current ratio46.19above the sector's middle half▲ 41.1727.10above the sector's middle half▼ 19.1043.57above the sector's middle half▲ 16.4716.66above the sector's middle half▼ 26.9151.15above the sector's middle half▲ 34.49
Return on assets (ROA)-2.3%below the sector's middle half▼ 28.7pp18.5%within the sector's middle half▲ 20.8pp0.8%within the sector's middle half▼ 17.7pp3.2%within the sector's middle half▲ 2.4pp-1.6%below the sector's middle half▼ 4.8pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1,769 after €2,712 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €59,355
Fixed assets
€1,655 ▼ 29.3%
Current assets
€57,700 ▼ 22.9%
Equity and liabilities €59,355
Equity
€58,226 ▼ 19.9%
Debt
€1,128 ▼ 74.9%
Debt's share of the balance-sheet total falls from 5.8% to 1.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,084▼
2023 · €3,396
Cash flow
-€293▼
2023 · €3,139
Debt to equity
0.02▼
2023 · 0.06
ROE
-1.7%▼
2023 · 3.4%
Interest coverage
-18.06▼
2023 · 78.98
Debt ≤ 1 year
€1,128▼
2023 · €4,492
Income taxes
€59▼
2023 · €1,693
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €399 | €685 | €685 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | €7,287 | €13,032 | €557 | €569 | ▲ 2.1% |
| Gross operating margin9900 | €3,530 | €38,748 | €15,300 | €3,953 | -€515 | ▼ 113% |
| Operating profit (loss)9901 | -€2,157 | €31,461 | €1,868 | €2,712 | -€1,769 | ▼ 165% |
| Financial income75/76B | - | - | €0 | €1,479 | €910 | ▼ 38.5% |
| Recurring financial income75 | - | - | €0 | €1,479 | €910 | ▼ 38.5% |
| Financial charges65/66B | - | €32 | €39 | €43 | €60 | ▲ 39.6% |
| Recurring financial charges65 | €49 | €32 | €39 | €43 | €60 | ▲ 39.6% |
| Profit (loss) for the period before taxes9903 | -€2,206 | €31,429 | €1,829 | €4,147 | -€919 | ▼ 122% |
| Income taxes67/77 | €0 | €8,928 | €847 | €1,693 | €59 | ▼ 96.5% |
| Profit (loss) for the period9904 | -€2,206 | €22,502 | €982 | €2,454 | -€978 | ▼ 140% |
| Profit (loss) for the period to be appropriated9905 | -€2,206 | €22,502 | €982 | €2,454 | -€978 | ▼ 140% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €96,741 | €121,638 | €120,835 | €77,196 | €59,355 | ▼ 23.1% |
| Fixed assets21/28 | €0 | - | €3,024 | €2,339 | €1,655 | ▼ 29.3% |
| Tangible fixed assets22/27 | €0 | - | €3,024 | €2,339 | €1,655 | ▼ 29.3% |
| Furniture and vehicles24 | - | - | €3,024 | €2,339 | €1,655 | ▼ 29.3% |
| Current assets29/58 | €96,741 | €121,638 | €117,811 | €74,857 | €57,700 | ▼ 22.9% |
| Amounts receivable within one year40/41 | €17 | €9,081 | €9,217 | €7,644 | €0 | ▼ 100% |
| Trade receivables40 | - | €9,060 | €9,196 | €7,623 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €21 | €21 | €21 | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | €40,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €96,603 | €112,432 | €108,453 | €27,068 | €57,576 | ▲ 113% |
| Deferred charges and accrued income490/1 | - | €125 | €141 | €145 | €124 | ▼ 15.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €96,741 | €121,638 | €120,835 | €77,196 | €59,355 | ▼ 23.1% |
| Equity10/15 | €94,647 | €117,149 | €118,131 | €72,704 | €58,226 | ▼ 19.9% |
| Contributions10/11 | - | €50,000 | €50,000 | €10,000 | €10,000 | = |
| Reserves13 | €46,250 | €66,250 | €66,250 | €60,250 | €46,750 | ▼ 22.4% |
| Non-distributable reserves130/1 | - | €5,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €5,000 | €0 | - | - | - |
| Distributable reserves133 | - | €61,250 | €66,250 | €60,250 | €46,750 | ▼ 22.4% |
| Profit (loss) carried forward14 | -€1,603 | €899 | €1,881 | €2,454 | €1,476 | ▼ 39.8% |
| Amounts payable17/49 | €2,094 | €4,489 | €2,704 | €4,492 | €1,128 | ▼ 74.9% |
| Amounts payable within one year42/48 | €2,094 | €4,489 | €2,704 | €4,492 | €1,128 | ▼ 74.9% |
| Trade debts44 | €998 | €700 | €700 | €770 | €800 | ▲ 3.9% |
| Suppliers440/4 | - | €700 | €700 | €770 | €800 | ▲ 3.9% |
| Taxes, remuneration and social security45 | - | €3,789 | €2,004 | €2,406 | €328 | ▼ 86.4% |
| Taxes450/3 | - | €3,789 | €2,004 | €2,406 | €328 | ▼ 86.4% |
| Other amounts payable47/48 | - | - | - | €1,317 | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,206 | €22,502 | €982 | €2,454 | -€978 | ▼ 140% |
| + Depreciation and write-downs630 | - | - | €399 | €685 | €685 | = |
| Operating cash flow (approximation) | -€2,206 | €22,502 | €1,382 | €3,139 | -€293 | ▼ 109% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | €15,828 | -€3,979 | -€81,385 | €30,509 | ▲ 137% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 51.15
Current ratio from 16.66 to 51.15; short-term debt falls from €4,492 to €1,128.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €22,502
Net result €22,502 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €117,149 ▲23.8%
Equity rises from €94,647 to €117,149.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€2,206
Net result drops to -€2,206, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 9current ratio 46.19
Current ratio from 5.02 to 46.19; short-term debt falls from €23,995 to €2,094.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Highest result since 2018net €31,964 ▲131%
Operating result €40,874, net result €31,964, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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 2013
Ground area
2,293 m²
Building footprint
927 m²
Volume, LiDAR
213 m³
Parcel 11807G1457/19R000, Flanders · tallest building 2.8 m. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
RED HAWK
since 20132.221.922.481
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1457/19R000 | Flanders | 2,293 m² | 1 · 927 m² | 2.8 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 363 companies in sector 82400 we hold annual accounts for 68. 55 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-09-2013
Fiscal year end31-12
Activities, NACEBEL 2025
82400Office administrative, office support and other business support activities
70200Business and other management consultancy
90391Promotion and organisation of arts and performing arts events
90399Other support activities for arts and performing arts
E-invoicing
Reachable via Peppol
Peppol ID
0208:0537969522
Also
9925:BE0537969522
Registered
12-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.