RED PANDA
ActiveRED PANDA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (€-39k) and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 5498 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 7 filingsDeviation from the deadline
2025
26 d late
2024
35 d early
2023
30 d late
2022
53 d late
2021
30 d late
2020
29 d late
2019
70 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-39k▼ 7.1%
2024 · €-36k
2019: €10k
2020: €10k
2021: €9k
2022: €10k
2023: €-34k
2024: €-36k
2019 → 2025
Net result
€-3k▼ 45.9%
2024 · €-2k
2019: €-2k
2020: €-2k
2021: €1k
2022: €817
2023: €-44k
2024: €-2k
2019 → 2025
Total assets
€11.00M=
2024 · €11.00M
2019: €11.01M
2020: €11.01M
2021: €11.01M
2022: €11.01M
2023: €11.01M
2024: €11.00M
2019 → 2025
Solvency
-0.4%=
2024 · -0.3%
2019: 0.1%
2020: 0.1%
2021: 0.1%
2022: 0.1%
2023: -0.3%
2024: -0.3%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3k-€3k=
Equity€9k-€10k▲ 8.9%€-34k€-36k▼ 5.1%€-39k▼ 7.1%
Operating result€1k-€2k▲ 32.1%€-11k€-2k▲ 80.5%€-2k▼ 0.7%
Net result€1k-€817▼ 29.1%€-44k€-2k▲ 96.0%€-3k▼ 45.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €2k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.00M
Fixed assets
€11.00M=
Current assets
€2k▲ 619%
Key figures and ratios
Solvency
-0.4%▼
2024 · -0.3%
ROA
0.0%▼
2024 · 0.0%
Debt
€11.04M=
2024 · €11.04M
Debt ≤ 1 year
€40k▲
2024 · €36k
Debt > 1 year
€11.00M=
2024 · €11.00M
Income taxes
€0▼
2024 · €254
A ratio outside any meaningful range has been withheld (balance sheet total €11.00M, equity €-39k).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€11.00M€11.00M=
Fixed assets21/28€11.00M€11.00M=
Financial fixed assets28€11.00M€11.00M=
Current assets29/58€242€2k▲
Amounts receivable within one year40/41€64€0▼
Other amounts receivable41€64€0▼
Cash at bank and in hand54/58€178€2k▲
Equity and liabilities
Total equity and liabilities10/49€11.00M€11.00M=
Equity10/15€-36k€-39k▼
Contributions10/11€12k€12k=
Profit (loss) carried forward14€-48k€-51k▼
Amounts payable17/49€11.04M€11.04M=
Amounts payable after more than one year17€11.00M€11.00M=
Financial debts170/4€11.00M€11.00M=
Amounts payable within one year42/48€36k€40k▲
Trade debts44€6k€6k▼
Suppliers440/4€6k€6k▼
Other amounts payable47/48€30k€35k▲
Income statement
Code20242025
Other operating charges640/8€1k€1k▼
Gross operating margin9900€-989€-1k▼
Operating profit (loss)9901€-2k€-2k▼
Financial income75/76B€1k€201▼
Recurring financial income75€1k€201▼
Financial charges65/66B€495€657▲
Recurring financial charges65€495€657▲
Profit (loss) for the period before taxes9903€-1k€-3k▼
Income taxes67/77€254€0▼
Profit (loss) for the period9904€-2k€-3k▼
Profit (loss) for the period to be appropriated9905€-2k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-51k▼
Profit (loss) brought forward from the previous period14P€-47k€-48k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (19 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-44k ▼5512%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 53 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 29 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 70 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Truiden · 1 establishment unit since 2019
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.
Plankstraat 133800 Sint-TruidenGround area
1,640 m²
Building footprint
402 m²
Volume, LiDAR
1,255 m³
2 parcels, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Red Panda bvba
since 20192.291.323.607
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71053H0384/00K000 | Flanders | 1,274 m² | 1 · 280 m² | - |
| 71352D0406/00A000 | Flanders | 366 m² | 1 · 123 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,748. 5,074 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-04-2019
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.