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RED HOUSE

Active Private limited companyfounded 2017active for 9 yearsThéodore Verhaegenstraat 196-202, 1060 Sint-Gillis (bij-Brussel)KBO/BCE: BE 0682.571.083

Lifetime

8 annual accounts with figures on one time axis
peak €64,956 (2024)
€52,761▼ 18.8%
lowest -€30,970 (2023)
-€8,244▼ €27,796
peak €45,489 (2024)
€37,245▼ 18.1%
€14,793▼ 52.6%
peak 3.9 FTE (2018)
-not published
Board3 names since 2017
1 directorGUISSI Rajaa
Documentsfilings and deeds
27-08-202627 days late
2025abbreviated format
Gross margin from €64,956 to €52,761Loss of €8,244Registered-office move 11-03Resignation: GUISSI SAMIRA (director) 14-01Equity from €45,489 to €37,245Debts from €31,204 to €14,793

Key points

from the 2025 annual accounts

Turnover

≈ €130,000 estimated

The accounts state no turnover.

Filings

8 annual accounts 6 late
AprilJune31 JulyOctober20202025

The 2020 accounts came latest: 142 days after the end of the period.

Position in the sector

-€8,244

Lower net result than 80% of companies in personal services. Sector median €5,209 · 1,380 companies.

Checked score

53
Fair
Financially stronger than 43% of micro companies in personal services (NACE 96)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.0% 01-2025: 3.0%● unchanged vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 2.9%▼ -0.1 percentage points vs 02-2025 04-2025: 5.0%▲ +2.1 percentage points vs 03-2025 05-2025: 5.1%▲ +0.1 percentage points vs 04-2025 06-2025: 5.0%▼ -0.1 percentage points vs 05-2025 07-2025: 5.1%▲ +0.1 percentage points vs 06-2025 08-2025: 6.3%▲ +1.2 percentage points vs 07-2025 09-2025: 7.0%▲ +0.7 percentage points vs 08-2025 10-2025: 10.2%▲ +3.2 percentage points vs 09-2025highest value 11-2025: 3.2%▼ -7.0 percentage points vs 10-2025 12-2025: 2.7%▼ -0.5 percentage points vs 11-2025 01-2026: 2.7%● unchanged vs 12-2025 02-2026: 2.5%▼ -0.2 percentage points vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 2.8%▲ +0.3 percentage points vs 03-2026 05-2026: 2.9%▲ +0.1 percentage points vs 04-2026 06-2026: 2.9%● unchanged vs 05-2026 07-2026: 3.0%▲ +0.1 percentage points vs 06-2026 08-2026: 3.9%▲ +0.9 percentage points vs 07-2026 09-2026: 2.1%▼ -1.8 percentage points vs 08-2026lowest value 10-2026: 2.1%● unchanged vs 09-2026lowest value 11-2026: 2.1%● unchanged vs 10-2026lowest value

Financial strength
Average

97+13equity 71.6% of total assets
54+14short-term debt 28.4% · cash 12.1%
0-100return on assets -15.8%

Score breakdown

raises risk
Last filed accounts filed 27 days late; 2 of the last 3 accounts late
Loss of €8,244 (financial year 2025)
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 3.52, cash €6,277
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 84% of them on solvency, 57% on liquidity, 9% on profitability and 24% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 3,591 companies had the same profile as RED HOUSE has now. Each dot stands for 9 companies, two years later.

87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of RED HOUSE itself: 2.1% within 12 months.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,591 companies, not a prediction for RED HOUSE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.52 (2.48 in 2024), above the usual 1.5. Short-term debt is 28.4% and cash 12.1% of total assets. 28.4% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 27 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Loss of €8,244 (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 3.52, cash €6,277
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
27 days late
2024
71 days late
2023
91 days late
2022
114 days late
2021
121 days late
2020
142 days late
2019
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 78 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GR
Director
  • GUISSI RAJAA all the sharesdeed of 14-01-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0682571083
Registered-office move General meeting of 28-02-2025 · Gazette deed
Resignation: GUISSI SAMIRA (director) Transfer of shares from GUISSI SAMIRA to GUISSI RAJAA · Director discharge: GUISSI SAMIRA · General meeting of 01-11-2024 · Gazette deed
Changes of role: GUISSI Rajaa (director) and GUISSI Samira (director) Name clause: RED HOUSE · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
RED HOUSE Sint-Gillis (bij-Brussel) €52,037 €52,761 71.6% -
Alsega Temse €44,219 €50,406 73.6% -
SUKHOTHAI Kontich €57,856 €47,012 26.2% -
RASODI Herk-de-Stad €59,833 €66,023 23.9% -
EDLAU Brussels €73,697 €63,013 52.8% -
HEALTHY ASIAN MASSAGE Brussels €66,621 €47,639 53.3% -
Sit Wat Pho Mortsel €42,137 €40,125 -7.4% -

These companies have the same main activity as RED HOUSE: day spas, saunas and steam baths (NACE 96230). They are comparable in size and age: total assets between €42,100 and €73,700, founded between 2015 and 2018.

Official details

Source: KBO
Status
Active since 05-10-2017Normal situation
Registered office
174 active companies are registered at this address10 started in the 12 months before. Source: KBO register, as of 11 November 2026.
Activity
Day spas, saunas and steam bathsNACE 96230and 2 others
Establishment unit
2.268.773.9761831 Machelen (Brab.), since 05-10-2017
Financial year end
31 December
Peppol
Reachable since 29-09-2025
Company details

Annual accounts 2025

€52,037▼ 32.1%
Filing
Filed on 27-08-2026
Financials

Insights on RED HOUSE

RED HOUSE files the abbreviated format. That format states no turnover. The gross margin rose from €22,755 in 2018 to €52,761 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about RED HOUSE

What is the company number of RED HOUSE?
The company number of RED HOUSE is 0682.571.083. The VAT number is the same number with BE in front: BE 0682.571.083.
Where is RED HOUSE based?
The registered office is at Théodore Verhaegenstraat 196-202, 1060 Sint-Gillis (bij-Brussel).Company details
What does RED HOUSE do?
According to the KBO register, the main activity is day spas, saunas and steam baths (NACE 96230).
What is the legal form of RED HOUSE?
RED HOUSE is a private limited company (BV).
When was RED HOUSE founded?
RED HOUSE was founded on 05-10-2017.
Is RED HOUSE still active?
Yes, RED HOUSE is an active enterprise in the KBO register.
How many employees does RED HOUSE have?
RED HOUSE had an average of 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of RED HOUSE?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €52,761 and 34 comparable companies (NACE 962). It probably lies between €99,000 and €150,000. In financial year 2022 turnover was €121,029.
Is RED HOUSE profitable?
In financial year 2025, RED HOUSE made a loss of €8,244.
Where can I find the annual accounts of RED HOUSE?
RED HOUSE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RED HOUSE due?
RED HOUSE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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