RED SOLUTIONS

Active

Private limited companyfounded 2022active for 4 yearsDraaiboomstraat 18, 2660 Antwerpen, BelgiumKBO/BCE: BE 0791.783.185

Summary

The computed 12-month bankruptcy probability of RED SOLUTIONS is 9.6% (elevated). The latest annual accounts of RED SOLUTIONS were filed more than 90 days after the deadline. The 2023 annual accounts show equity of €11,922 and a net result of €9,422. Its solvency ranks better than 61% of 33,205 sector peers (NACE 43, financial year 2023). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

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RED SOLUTIONSActive

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Activity

General electrical installation work

NACE 43211

1 site

Size

€21,937total assets 2023

Equity: €11,922
Profit: €9,422

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 9.6%

2023 figures too old to score

Structure

Accounts filed 118 days late0 of 2 deeds read

Signalsraises riskFigures for financial year 2023 (filed 28-11-2024)2 financial years not filed after the legal deadline; latest accounts 118 days late; 1 of the last 3 lateSize: total assets €21,937Founded in 2022Filed more than 90 days lateShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: Filed more than 90 days late

Financial strength, FY 2023

Strong

Solvency 79

equity 54.3% of total assets

Liquidity 54

short-term debt 44.5% · cash 20.2%

Profitability 100

return on assets 42.9%

Bankruptcy probability, 12 months

9.6% Elevated

0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,538 companies, NACE 43, micro)

Last 24 months 11-2024: 5.6% 12-2024: 3.0%▼ -2.6 percentage points vs 11-2024 01-2025: 3.0%● unchanged vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025lowest value 03-2025: 3.0%● unchanged vs 02-2025 04-2025: 3.5%▲ +0.5 percentage points vs 03-2025 05-2025: 3.8%▲ +0.3 percentage points vs 04-2025 06-2025: 3.6%▼ -0.2 percentage points vs 05-2025 07-2025: 3.8%▲ +0.2 percentage points vs 06-2025 08-2025: 4.8%▲ +1.0 percentage point vs 07-2025 09-2025: 4.9%▲ +0.1 percentage points vs 08-2025 10-2025: 8.0%▲ +3.1 percentage points vs 09-2025 11-2025: 8.2%▲ +0.2 percentage points vs 10-2025 12-2025: 9.6%▲ +1.4 percentage points vs 11-2025 01-2026: 12.5%▲ +2.9 percentage points vs 12-2025 02-2026: 12.5%● unchanged vs 01-2026 03-2026: 12.8%▲ +0.3 percentage points vs 02-2026highest value 04-2026: 11.9%▼ -0.9 percentage points vs 03-2026 05-2026: 11.9%● unchanged vs 04-2026 06-2026: 11.1%▼ -0.8 percentage points vs 05-2026 07-2026: 7.4%▼ -3.7 percentage points vs 06-2026 08-2026: 9.5%▲ +2.1 percentage points vs 07-2026 09-2026: 9.5%● unchanged vs 08-2026 10-2026: 9.6%▲ +0.1 percentage points vs 09-2026

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Signals

Five signals.

raises risk

Figures for financial year 2023 (filed 28-11-2024)

NBB · annual accounts

2 financial years not filed after the legal deadline; latest accounts 118 days late; 1 of the last 3 late

NBB · filings

Size: total assets €21,937

The company's size counts in the probability; how much depends on the rest of its profile.

NBB · annual accounts

Founded in 2022

How long the company has existed counts in the probability; how much depends on the rest of its profile.

KBO

Filed more than 90 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 26-11-2024, 118 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.

NBB · 1 filing

Deviation from the deadline

2023

118 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 118 days after the deadline; the sector median (NACE 43) for financial year 2023 is 1 day before the deadline, and 44% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2022.

KBO publications · our coverage

26-11-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Caution: Latest accounts filed lateafter the legal deadline 118 days View
Caution: Among the weakest 18% on equitysector median €56,794 · 33,224 companies €11,922 View
Total assets 2023first financial year filed €21,937 View