Red Penguin Studio
ActiveRed Penguin Studio has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €46k. Equity is growing by ~60.3% per year across the filed fiscal years. Its solvency ranks better than 68% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 8.1 against 3.64 in 2024), and 24.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
75.6%
Return on assets
31%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 d early
2024
26 d early
2023
92 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€112k▲ 69.4%
2024 · €66k
2023: €32k
2024: €66k
2023 → 2025
Total assets
€148k▲ 52.3%
2024 · €97k
2023: €63k
2024: €97k
2023 → 2025
Net result
€46k▲ 35.4%
2024 · €34k
2023: €29k
2024: €34k
2023 → 2025
Working capital
€127k▲ 114%
2024 · €59k
2023: €23k
2024: €59k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€32k-€66k▲ 105%€112k▲ 69.4%
Operating result€38k-€44k▲ 15.9%€59k▲ 34.4%
Net result€29k-€34k▲ 16.0%€46k▲ 35.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 34% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148k
Fixed assets
€3k▼ 79.2%
Current assets
€145k▲ 77.2%
Equity and liabilities €148k
Equity
€112k▲ 69.4%
Debt
€36k▲ 16.0%
The debt ratio falls from 32.0% to 24.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€60k▲
2024 · €54k
Cash flow
€47k▲
2024 · €44k
Solvency
75.6%▲
2024 · 68.0%
Current ratio
8.10▲
2024 · 3.64
Quick ratio
8.10▲
2024 · 3.64
Debt / equity
0.32▼
2024 · 0.47
ROE
41.0%▼
2024 · 51.3%
ROA
31.0%▼
2024 · 34.9%
Interest coverage
49.27▲
2024 · 48.59
Debt
€36k▲
2024 · €31k
Debt ≤ 1 year
€18k▼
2024 · €22k
Debt > 1 year
€18k▲
2024 · €9k
Income taxes
€12k▲
2024 · €9k
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€97k€148k▲
Fixed assets21/28€15k€3k▼
Tangible fixed assets22/27€15k€3k▼
Furniture and vehicles24€15k€3k▼
Current assets29/58€82k€145k▲
Amounts receivable within one year40/41€27k€95k▲
Trade receivables40€13k€22k▲
Other amounts receivable41€14k€73k▲
Cash at bank and in hand54/58€55k€50k▼
Deferred charges and accrued income490/1€162-
Equity and liabilities
Total equity and liabilities10/49€97k€148k▲
Equity10/15€66k€112k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€63k€109k▲
Amounts payable17/49€31k€36k▲
Amounts payable after more than one year17€9k€18k▲
Financial debts170/4€9k€18k▲
Amounts payable within one year42/48€22k€18k▼
Current portion of amounts payable after more than one year42€7k€6k▼
Trade debts44€688-
Suppliers440/4€688-
Taxes, remuneration and social security45€15k€12k▼
Taxes450/3€15k€12k▼
Income statement
Code20242025
Non-recurring operating income76A-€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€1k▼
Other operating charges640/8€283€367▲
Gross operating margin9900€54k€61k▲
Operating profit (loss)9901€44k€59k▲
Financial income75/76B€3€1▼
Recurring financial income75€3€1▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€43k€58k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€34k€46k▲
Profit (loss) for the period to be appropriated9905€34k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€109k▲
Profit (loss) brought forward from the previous period14P€29k€63k▲
The notes to these accounts (8 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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2023net €46k ▲35.4%
Operating result €59k, net result €46k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 8.10
Current ratio from 3.64 to 8.10; short-term debt falls from €22k to €18k.
30-09
Financial
Equity above €100kEq €112k ▲69.4%
3 profitable years in a row build equity to €112k.
04-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lubbeek · 1 establishment unit since 2022
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.
Heurbeek(LUB) 393210 LubbeekGround area
903 m²
Building footprint
192 m²
Volume, LiDAR
983 m³
Parcel 24066I0011/00N000, Flanders · tallest building 18.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Heurbeek(LUB) 39, 3210 Lubbeek
since 20222.330.621.473
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24066I0011/00N000 | Flanders | 903 m² | 1 · 192 m² | 18.0 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.
Similar companies · same sector, comparable size
SYSLINK
BE 0671.773.302
Donceel · Eq €112k
ART-OF-INSPIRATION
BE 0720.604.981
Halle · Eq €112k
DIGITIS
BE 0764.802.042
Chaudfontaine · Eq €112k
ITSF
BE 0674.882.349
Heist-op-den-Berg · Eq €112k
NEXXEO
BE 0634.642.492
Esneux · Eq €112k
Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 6,923 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-2022
Fiscal year end30-09
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
47120Other non-specialised retail sale
47910Retail trade
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.