Red Snapper
ActiveRed Snapper has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €657k and a net result of €80k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 31545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▲+14
Solvency85▲+5
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 5.22 against 5.15 in 2024), but 60.1% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
39.9%
Return on assets
4.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
60 d late
2023
30 d late
2022
175 d late
2021
540 d late
2020
905 d late
2019
32 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, micro schema
Equity
€657k▲ 13.9%
2024 · €577k
2018: €505k
2019: €461k
2020: €432k
2021: €399k
2022: €439k
2023: €522k
2024: €577k
2018 → 2025
Total assets
€1.65M▲ 2.3%
2024 · €1.61M
2018: €1.31M
2019: €1.24M
2020: €1.40M
2021: €1.54M
2022: €1.53M
2023: €1.58M
2024: €1.61M
2018 → 2025
Net result
€80k▲ 47.2%
2024 · €55k
2018: €433k
2019: €-44k
2020: €-29k
2021: €-32k
2022: €115k
2023: €83k
2024: €55k
2018 → 2025
Working capital
€628k▲ 15.0%
2024 · €546k
2018: €629k
2019: €514k
2020: €267k
2021: €485k
2022: €526k
2023: €601k
2024: €546k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€399k-€439k▲ 10.0%€522k▲ 18.9%€577k▲ 10.5%€657k▲ 13.9%
Operating result€-27k-€136k€94k▼ 30.9%€60k▼ 35.8%€85k▲ 40.4%
Net result€-32k-€115k€83k▼ 27.5%€55k▼ 34.3%€80k▲ 47.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 40% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.65M
Fixed assets
€871k▼ 6.6%
Current assets
€777k▲ 14.7%
Equity and liabilities €1.65M
Equity
€657k▲ 13.9%
Provisions
€118k▼ 6.5%
Debt
€872k▼ 3.8%
The debt ratio falls from 56.3% to 52.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€161k▲
2024 · €127k
Cash flow
€157k▲
2024 · €122k
Solvency
39.9%▲
2024 · 35.8%
Current ratio
5.22▲
2024 · 5.15
Quick ratio
5.22▲
2024 · 5.15
Debt / equity
1.33▼
2024 · 1.57
ROE
12.2%▲
2024 · 9.5%
ROA
4.9%▲
2024 · 3.4%
Interest coverage
12.38▲
2024 · 9.13
Debt
€872k▼
2024 · €907k
Debt ≤ 1 year
€149k▲
2024 · €132k
Debt > 1 year
€716k▼
2024 · €772k
Income taxes
€38k▲
2024 · €29k
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€1.61M€1.65M▲
Fixed assets21/28€932k€871k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€932k€871k▼
Land and buildings22€805k€754k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€21k€16k▼
Other tangible fixed assets26€104k€99k▼
Current assets29/58€678k€777k▲
Amounts receivable within one year40/41€247k€290k▲
Trade receivables40€795€0▼
Other amounts receivable41€246k€290k▲
Current investments50/53€355k€355k=
Cash at bank and in hand54/58€20k€34k▲
Deferred charges and accrued income490/1€56k€98k▲
Equity and liabilities
Total equity and liabilities10/49€1.61M€1.65M▲
Equity10/15€577k€657k▲
Contributions10/11€13k€13k=
Reserves13€565k€645k▲
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Tax-exempt reserves132€302k€282k▼
Distributable reserves133€258k€358k▲
Provisions and deferred taxes16€127k€118k▼
Deferred taxes168€127k€118k▼
Amounts payable17/49€907k€872k▼
Amounts payable after more than one year17€772k€716k▼
Financial debts170/4€772k€716k▼
Amounts payable within one year42/48€132k€149k▲
Current portion of amounts payable after more than one year42€55k€56k▲
Trade debts44€42k€38k▼
Suppliers440/4€42k€38k▼
Taxes, remuneration and social security45€28k€48k▲
Taxes450/3€28k€48k▲
Other amounts payable47/48€6k€6k=
Accrued charges and deferred income492/3€3k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€77k▲
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A€639€0▼
Gross operating margin9900€132k€166k▲
Operating profit (loss)9901€60k€85k▲
Financial income75/76B€29k€39k▲
Recurring financial income75€29k€39k▲
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€75k€111k▲
Transfer from deferred taxes780€8k€8k=
Income taxes67/77€29k€38k▲
Profit (loss) for the period9904€55k€80k▲
Transfer from tax-exempt reserves789€20k€20k=
Profit (loss) for the period to be appropriated9905€74k€100k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€100k▲
Transfer to equity691/2€74k€100k▲
To other reserves6921€74k€100k▲
The notes to these accounts (17 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 175 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 540 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 905 days late
2023
31-12
Financial
Equity above €500kEq €522k ▲18.9%
2 profitable years in a row build equity to €522k.
2022
31-12
Financial
Back to profitnet €115k
Net result €115k after 3 loss-making years.
17-06
State Gazette act
Director resignation · General meeting
Director appointment · Permanent representative
2020
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
31-12
Financial
Weakest financial yearnet €-44k ▼110%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 8 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Leuven · 1 establishment unit since 2005
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.
Pelgrimstraat 13000 LeuvenGround area
160 m²
Building footprint
160 m²
Volume, LiDAR
2,283 m³
Parcel 24504E0149/00P002, Flanders · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Red Snapper
since 20052.145.210.428
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24504E0149/00P002 | Flanders | 160 m² | 1 · 159 m² | 18.2 m · 5 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.
Structure & network
Connections & network
4 connected companiesNetwork connections
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Ownership & control
1 partyRed SnapperBE 0870.576.780
controls
Where this company holds controlthis company sits on their board1
1 location
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 32,104 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2004
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.