RED START LINE
The computed 12-month bankruptcy probability of RED START LINE is 2.0% (moderate). The 2024 annual accounts show equity of €46k and a net result of €12k. Equity is growing by ~42.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 6698 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €46k |
| Net result | €12k |
| Better than sector | 90% |
| Active | 4 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 73.7% | 20.4% | |
| Net result | €12k | €4k | |
| Equity | €46k | €16k | |
| Gross operating margin | €17k | €24k | |
| Total assets | €63k | €94k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | €121k |
| EBITDA | €17k |
| Net profit | €12k |
| Cash flow | €14k |
| Staff costs | - |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €63k |
| Equity | €46k |
| Debt | €17k |
| of which ≤ 1y | €17k |
| of which > 1y | - |
| Working capital | €22k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.35 |
| Quick ratio | 2.29 |
| Working capital ratio | 35.5% |
| Solvency | 73.7% |
| Debt / equity | 0.36 |
| Long-term debt ratio | - |
| Interest coverage | 124.74 |
| Gross margin | - |
| Net margin | 9.8% |
| ROA | 18.9% |
| ROE | 25.6% |
| EBITDA margin | 14.4% |
| Days sales outstanding | 66d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €63k |
| Fixed assets | 21/28 | €24k |
| Intangible fixed assets | 21 | €19k |
| Tangible fixed assets | 22/27 | €4k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €39k |
| Stocks & contracts in progress | 3 | €850 |
| Amounts receivable within one year | 40/41 | €26k |
| Cash & bank | 54/58 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €63k |
| Equity | 10/15 | €46k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €45k |
| Amounts payable | 17/49 | €17k |
| Amounts payable within one year | 42/48 | €17k |
| Trade debts payable within one year | 44 | €12k |
| Income statement | ||
| Turnover | 70 | €121k |
| Gross operating margin | 9900 | €17k |
| Operating result | 9901 | €15k |
| Financial charges | 65 | €140 |
| Result before taxes | 9903 | €15k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €12k |
| Result to be appropriated | 9905 | €12k |
-
Current01-01-2026 → present
| NACE primary | Detailhandel in groenten en fruit(47210) |
| Legal form | Private limited company(610) |
| Incorporation | 17-10-2021 |
| Status | Active |
| Postal code | 1950 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 62083C0898/00Y014 | Wallonia | 652 m² | 1 · 130 m² | 6.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-04-2026 Act object · General meeting · Officer resignation · Power of attorney
- Publication: 2026-04-21 · Red Start Line
- Filing: 2026-04-14 · Red Start Line
- Act object: Ontslag van de heer Hamra Hassan · Red Start Line
- General meeting: 2026-04-01 · Red Start Line
- Officer resignation: 2026-01-01 · HAMRA Hassan
- Power of attorney: De bestuurders verlenen volmacht aan elke daartoe gemachtigde persoon om alle noodzakelijke formaliteiten te vervullen bij de Kruispuntbank van Ondernemingen en bij de bevoegde ondernemingsrechtbank (griffie). · MESSERE Katia
Technical details
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}27-02-2026 Articles of association amended
Technical details
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}26-02-2026 Articles of association amended
Technical details
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}20-10-2021 Incorporation of a new SRL
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | RED START LINE |
| Legal nameNL | RED START LINE |