RED SQUARE
ActiveRED SQUARE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €331k and a net result of €36k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 7002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▲+2
Solvency73▼-24
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 3.41 in 2024; short-term debt: 48% and cash: 6.9% of total assets), but 51.5% 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 · 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
48.5%
Return on assets
5.2%
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 27-08-2026, 27 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
27 d late
2024
29 d late
2023
44 d early
2022
16 d late
2021
37 d early
2020
22 d early
2019
31 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€331k▼ 31.6%
2024 · €484k
2018: €257k
2019: €326k
2020: €386k
2021: €446k
2022: €544k
2023: €469k
2024: €484k
2018 → 2025
Total assets
€683k▲ 2.1%
2024 · €669k
2018: €390k
2019: €450k
2020: €529k
2021: €602k
2022: €646k
2023: €629k
2024: €669k
2018 → 2025
Net result
€36k▲ 125%
2024 · €16k
2018: €89k
2019: €69k
2020: €60k
2021: €61k
2022: €98k
2023: €22k
2024: €16k
2018 → 2025
Working capital
€268k▼ 34.2%
2024 · €407k
2018: €213k
2019: €286k
2020: €352k
2021: €408k
2022: €478k
2023: €388k
2024: €407k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€446k-€544k▲ 21.9%€469k▼ 13.9%€484k▲ 3.4%€331k▼ 31.6%
Operating result€84k-€130k▲ 54.0%€-1k€29k€27k▼ 7.5%
Net result€61k-€98k▲ 61.3%€22k▼ 77.5%€16k▼ 28.2%€36k▲ 125%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €683k
Fixed assets
€87k▼ 6.9%
Current assets
€596k▲ 3.5%
Equity and liabilities €683k
Equity
€331k▼ 31.6%
Debt
€352k▲ 90.2%
The debt ratio rises from 27.6% to 51.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€33k▼
2024 · €35k
Cash flow
€42k▲
2024 · €22k
Solvency
48.5%▼
2024 · 72.4%
Current ratio
1.82▼
2024 · 3.41
Quick ratio
1.82▼
2024 · 3.41
Debt / equity
1.06▲
2024 · 0.38
ROE
10.7%▲
2024 · 3.3%
ROA
5.2%▲
2024 · 2.4%
Interest coverage
2.86▼
2024 · 3.08
Debt
€352k▲
2024 · €185k
Debt ≤ 1 year
€328k▲
2024 · €169k
Income taxes
€9k▲
2024 · €7k
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€669k€683k▲
Fixed assets21/28€94k€87k▼
Tangible fixed assets22/27€94k€87k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€91k€86k▼
Current assets29/58€576k€596k▲
Amounts receivable within one year40/41€83k€80k▼
Trade receivables40€8k€3k▼
Other amounts receivable41€76k€77k▲
Current investments50/53€397k€469k▲
Cash at bank and in hand54/58€95k€47k▼
Deferred charges and accrued income490/1€93€95▲
Equity and liabilities
Total equity and liabilities10/49€669k€683k▲
Equity10/15€484k€331k▼
Contributions10/11€15k€15k=
Reserves13€446k€293k▼
Distributable reserves133€446k€293k▼
Profit (loss) carried forward14€23k€23k▲
Amounts payable17/49€185k€352k▲
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€169k€328k▲
Current portion of amounts payable after more than one year42€13k€3k▼
Financial debts43€2k€1k▼
Other loans439€2k€1k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€12k€4k▼
Taxes450/3€12k€4k▼
Other amounts payable47/48€139k€318k▲
Accrued charges and deferred income492/3€13k€24k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€37k€36k▼
Operating profit (loss)9901€29k€27k▼
Financial income75/76B€6k€29k▲
Recurring financial income75€6k€29k▲
Financial charges65/66B€11k€12k▲
Recurring financial charges65€11k€12k▲
Profit (loss) for the period before taxes9903€23k€44k▲
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€16k€36k▲
Profit (loss) for the period to be appropriated9905€16k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€59k▲
Profit (loss) brought forward from the previous period14P€23k€23k▲
Transfer from equity791/2-€189k
Transfer to equity691/2€16k€35k▲
To other reserves6921€16k€35k▲
Profit to be distributed694/7-€189k
Return on contributions (dividend)694-€189k
The notes to these accounts (6 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €16k ▼28.2%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Highest result since 2018net €98k ▲61.3%
Net result €98k, the highest in the series.
31-12
Financial
Equity above €500kEq €544k ▲21.9%
5 profitable years in a row build equity to €544k.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Fernelmont · 1 establishment unit since 2007
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.
Rue du Parc, March. 455380 FernelmontGround area
442 m²
Building footprint
448 m²
Parcel 92084C0337/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
RED SQUARE SPRL
since 20072.168.384.223
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92084C0337/00L000 | Wallonia | 441 m² | 1 · 448 m² | - |
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.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,900. 4,714 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-01-2008
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:gilles.carlierdodeigne@gmail.com
Phone:0477685864