RED LINE LOGISTIC SERVICES
A bankruptcy procedure is open for RED LINE LOGISTIC SERVICES according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2023 annual accounts show equity of €305k and a net result of €39k.
| Equity | €305k |
| Net result | €39k |
| Staff (FTE) | 18.6 |
| Better than sector | 27% |
Fragile profile, watch stability in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.8% | 29.5% | |
| Net result | €39k | €28k | |
| Equity | €305k | €335k | |
| Staff costs | €1.06M | €966k | |
| Employees (FTE) | 18.6 | 23.1 |
Show 14 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | volledig |
| Revenue | €5.81M |
| EBITDA | €144k |
| Net profit | €39k |
| Cash flow | €136k |
| Staff costs | €1.06M |
| Income taxes | €164 |
| Dividends | - |
| Total assets | €3.48M |
| Equity | €305k |
| Debt | €3.17M |
| of which ≤ 1y | €3.05M |
| of which > 1y | €125k |
| Working capital | €88k |
| Employees (FTE) | 18.6 |
| 2023 | |
|---|---|
| Current ratio | 1.03 |
| Quick ratio | 1.03 |
| Working capital ratio | 2.5% |
| Solvency | 8.8% |
| Debt / equity | 10.40 |
| Long-term debt ratio | 0.41 |
| Interest coverage | 54.37 |
| Gross margin | 99.8% |
| Net margin | 0.7% |
| ROA | 1.1% |
| ROE | 12.7% |
| EBITDA margin | 2.5% |
| Days sales outstanding | 106d |
| Days payable outstanding | 48450d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.48M |
| Fixed assets | 21/28 | €342k |
| Tangible fixed assets | 22/27 | €336k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €3.14M |
| Amounts receivable within one year | 40/41 | €3.10M |
| Cash & bank | 54/58 | €32k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.48M |
| Equity | 10/15 | €305k |
| Contributions / capital | 10/11 | €245k |
| Reserves | 13 | €60k |
| Amounts payable | 17/49 | €3.17M |
| Amounts payable after one year | 17 | €125k |
| Amounts payable within one year | 42/48 | €3.05M |
| Trade debts payable within one year | 44 | €1.64M |
| Income statement | ||
| Turnover | 70 | €5.81M |
| Operating result | 9901 | €47k |
| Financial income | 75 | €22k |
| Financial charges | 65 | €30k |
| Result before taxes | 9903 | €39k |
| Income taxes | 67/77 | €164 |
| Net result for the period | 9904 | €39k |
| Result to be appropriated | 9905 | €39k |
Permanent representatives (1)
-
Loupo BVLegal entityPermanent representative· perm. rep.: Didier PottersState Gazette act 25072058 (06-06-2025)Permanent representative- → 18-04-2025
Former directors (3)
-
BV LoupoLegal entityDirectorState Gazette act 25072058 (06-06-2025)Former- → 18-04-2025
-
Luc De KoninckDirectorState Gazette act 25018623 (05-02-2025)Former- → 06-11-2024
-
BV PomacoLegal entityDirectorState Gazette act 24093633 (21-06-2024)Former- → 12-01-2024
2 events
- 12-01-2024 Resigned· Director
- 12-01-2024 Resigned· Daily management
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | GEERT NAULAERTS DE MERODELEI 83, 2300 TURN-
HOUT |
19-08-2025 → present | Belgian State Gazette |
| Curator | KRISTOF BENIJTS BOVENRIJ 76,
2200 HERENTALS |
19-08-2025 → present | Belgian State Gazette |
| Curator | PHILIP SOMERS BOVENRIJ 76, 2200 HERENTALS |
19-08-2025 → present | Belgian State Gazette |
| NACE primary | Opslag(52100) |
| Legal form | Public limited company(014) |
| Incorporation | 17-07-2006 |
| Status | Active |
| Postal code | 2300 |
| First BS signal | 02-12-2024 |
| Latest BS signal | 25-08-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452M0679/00A000 | Flanders | 4.6 ha | 1 · 1.5 ha | 14.3 m · 4 fl. |
| 13453O0969/00C000 | Flanders | 1.3 ha | 1 · 7,976 m² | 13.5 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 2 further earlier events in this file, covering 26-11-2024 to 19-08-2025.
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
06-06-2025 3 resigning correction
- BV Loupo, Bestuurder
- Didier Potters, Vaste vertegenwoordiger
- Didier Potters, Vaste vertegenwoordiger
Technical details
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}05-02-2025 Luc De Koninck resigns as director
- Luc De Koninck, Bestuurder
Technical details
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}21-06-2024 2 resigning correction
- BV Pomaco, Bestuurder
- BV Pomaco, Dagelijks bestuur
Technical details
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},
{
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}23-01-2023 Capital decrease of €1,126,500 to €245,000
- €1.371.500 → €245.000
- 2 kapitaalbewegingen in deze akte
Technical details
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"bedrijfsrevisor": {
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}| Legal nameNL | RED LINE LOGISTIC SERVICES |
| AbbreviationNL | RLLS |