Red River

Active

Private limited companyfounded 2025active for 1 yearGroeneweg 17, 9320 Aalst, Belgium149 active companies are registered at this addressKBO/BCE: BE 1019.302.427

Summary

The computed 12-month bankruptcy probability of Red River is 13.9% (high). The 2025 annual accounts show equity of €758 and a net result of -€1,242. Its solvency ranks better than 18% of 5,822 sector peers (NACE 49, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).

Risk analysisFollow Report Compare

Red RiverActiveChecked score 27/100

Risk analysis Report Compare

Activity

Land transport and transport via pipelines

NACE 49110

1 site

Size

€18,280turnover 2025

Equity: €758
Loss: -€1,242

Financial health

27 Weak Checked score 2025

Bankruptcy probabilitywithin 12 months: 13.9%

Structure

AMJAHID RedouaneDirector

2025 accounts filed 42 days late

Why 27raises riskFounded in 2025Sector: Land transport and transport via pipelines (NACE 49)Ex-officio strike-off in the KBOLast filed accounts filed 42 days late; 1 of the last 3 lateShow the evidence

Checked score

Score 2025

27 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 18% of its sector peers (NACE 49, micro)

Every signal that counts is listed under Signals.

Financial strength

Weak

Solvency 29

equity 3.9% of total assets

Liquidity 7

short-term debt 96.1% · cash 5.8%

Profitability 51

return on assets -6.4%

Bankruptcy probability, 12 months

13.9% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)

Last 24 months 02-2026: 11.6%lowest value 03-2026: 11.6%● unchanged vs 02-2026lowest value 04-2026: 11.9%▲ +0.3 percentage points vs 03-2026 05-2026: 12.3%▲ +0.4 percentage points vs 04-2026 06-2026: 12.6%▲ +0.3 percentage points vs 05-2026 07-2026: 13.5%▲ +0.9 percentage points vs 06-2026 08-2026: 13.5%● unchanged vs 07-2026 09-2026: 14.0%▲ +0.5 percentage points vs 08-2026highest value 10-2026: 13.9%▼ -0.1 percentage points vs 09-2026

No publishable credit limit; credit only on tighter terms

Liquidity insufficient (current ratio 0.56, below 1; short-term debt: 96.1% and cash: 5.8% of total assets), and 96.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 49, micro): better than 17% on solvency, 8% on liquidity and 28% on profitability.

The bankruptcy probability was computed on 23-10-2026 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.

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

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Signals

Seven signals.

raises risk

Founded in 2025

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Ex-officio strike-off in the KBO

KBO publications

Last filed accounts filed 42 days late; 1 of the last 3 late

NBB · filings

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 5822 sector peers (2025).

NBB · sector comparison

Position among 5822 sector peers

Solvency

better than 18%

← weakest strongest →

2025 accounts filed 42 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 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 · 1 filing

Deviation from the deadline

2025

42 days late

← before the deadline after the deadline →

Administrative warnings in the KBO publications

2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.

KBO publications

Publications

Address struckAddress strikeout annulled

11-09-2026 Annual accounts filedfinancial year 2025 · micro…
27-03-2026 Address strikeout annulledKBO administration
19-01-2026 Address struckGroeneweg 17 9320 L’adresse du…

Key points

Caution: Among the weakest 17% on equitysector median €35,125 · 5,831 companies €758 View
One director decidessole director in office 1 View
Turnover 2025first financial year filed €18,280 View

By topic

Financials

Financial year: 2025
Turnover: €18,280
Loss: -€1,242
Solvency: 3.9%

Go to Financials

Board & ownership

Board: 1 member

AMJAHID RedouaneDirector

Go to Board & ownership

Timeline

Events: 5
Since: 2025

01-04-2025Registered office
30-01-2025Incorporation

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Land transport and transport via pipelinesNACE 49110
Founded: 28-01-2025
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 26

Who signs: Each director alone
Annual meeting: Fourth Monday of June at 18:00
Statutory auditor: No statutory auditor

Go to Articles of association

Key facts about Red River

What is the company number of Red River?: 1019.302.427. In Belgium the VAT number is the company number with BE in front: BE 1019.302.427.
Where is Red River based?: The registered office is at Groeneweg 17, 9320 Aalst.Company details
What does Red River do?: According to the KBO register, the main activity is land transport and transport via pipelines (NACE 49110).
What is the legal form of Red River?: Private limited company (BV).
When was Red River founded?: On 28-01-2025.
Is Red River still active?: Yes, Red River is an active enterprise in the KBO register.
What is the turnover of Red River?: €18,280 in financial year 2025, according to the filed annual accounts.Financials
Is Red River profitable?: In financial year 2025, Red River made a loss of €1,242.
Where can I find the annual accounts of Red River?: Red River filed 1 annual account with the National Bank of Belgium, for financial year 2025.