Red-use On the Go
The computed 12-month bankruptcy probability of Red-use On the Go is 1.7% (moderate). The 2024 annual accounts show equity of €38k and a net result of €-109k. Equity is shrinking by ~22.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 43% of 429 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €38k |
| Net result | €-109k |
| Staff (FTE) | 1.9 |
| Better than sector | 43% |
Fragile profile, watch profitability in particular.
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?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
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 | 25.9% | 33.5% | |
| Net result | €-109k | €34k | |
| Equity | €38k | €108k | |
| Gross operating margin | €6k | €85k | |
| Staff costs | €75k | €157k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-73k |
| Net profit | €-109k |
| Cash flow | €-75k |
| Staff costs | €75k |
| Income taxes | €203 |
| Dividends | - |
| Total assets | €149k |
| Equity | €38k |
| Debt | €110k |
| of which ≤ 1y | €110k |
| of which > 1y | €0 |
| Working capital | €9k |
| Employees (FTE) | 1.9 |
| 2024 | |
|---|---|
| Current ratio | 1.08 |
| Quick ratio | 1.08 |
| Working capital ratio | 6.1% |
| Solvency | 25.9% |
| Debt / equity | 2.87 |
| Long-term debt ratio | 0.00 |
| Interest coverage | -63.40 |
| Gross margin | - |
| Net margin | - |
| ROA | -73.6% |
| ROE | -284.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €149k |
| Fixed assets | 21/28 | €29k |
| Tangible fixed assets | 22/27 | €29k |
| Current assets | 29/58 | €119k |
| Amounts receivable within one year | 40/41 | €101k |
| Cash & bank | 54/58 | €17k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €149k |
| Equity | 10/15 | €38k |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €-62k |
| Amounts payable | 17/49 | €110k |
| Amounts payable after one year | 17 | €0 |
| Amounts payable within one year | 42/48 | €110k |
| Trade debts payable within one year | 44 | €63k |
| Income statement | ||
| Gross operating margin | 9900 | €6k |
| Operating result | 9901 | €-108k |
| Financial income | 75 | €43 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-109k |
| Income taxes | 67/77 | €203 |
| Net result for the period | 9904 | €-109k |
| Result to be appropriated | 9905 | €-109k |
-
Coconut Event & ManagementLegal entityManaging director· perm. rep.: Christophe LAMPERTZState Gazette act 24171214 (04-12-2024)Current24-09-2024 → present
2 events
- 08-11-2024 Appointed· Managing director
- 24-09-2024 Appointed· Director
-
Impact SASLegal entityDirector· perm. rep.: Philippe BERTHEState Gazette act 24151103 (22-10-2024)Current24-09-2024 → present
| NACE primary | Overige zakelijke dienstverlening, neg(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 05-07-2021 |
| Status | Active |
| Postal code | 9100 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
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. |
|---|---|---|---|---|
| 46445D1758/00B000 | Flanders | 4.9 ha | 1 · 3.2 ha | - |
| 24094C0758/00L000 | Flanders | 3,399 m² | 1 · 1,128 m² | 6.0 m · 2 fl. |
| 44054A0078/00V000 | Flanders | 614 m² | 1 · 462 m² | 7.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
19-03-2026 General meeting · Officer resignation · Officer discharge · Permanent representative
- Publication: 19/03/2026 · Red-use On the Go
- Filing: 10/03/2026 · Red-use On the Go
- General meeting: 26/01/2026 · Red-use On the Go
- Officer resignation: role: niet-statutaire bestuurder, end_date: 2026-01-26 · Coconut Event & Management
- Officer discharge · Coconut Event & Management
- Permanent representative: status: resigned, end_date: 26/01/2026 · Christophe Lampertz
- Officer appointment: role: niet-statutaire bestuurder, term: onbepaalde duur, start_date: 2026-01-26 · PORTOL
- Mandate compensation: onbezoldigd · PORTOL
- Permanent representative: start_date: 26/01/2026 · Koen Heyvaert
- Power of attorney: term: onbepaalde tijd, scope: acties nodig voor de uitvoering en verwerking en publicatie van de beslissingen ... formaliteiten ... BTW, Belastingen ... KBO ... · Allaert & Partners
- Filing representative · Rik Allaert
Technical details
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}04-12-2024 Christophe LAMPERTZ appointed as managing director
- Christophe LAMPERTZ, Gedelegeerd bestuurder
Technical details
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}22-10-2024 2 directors appointed
- Philippe BERTHE, Bestuurder
- Christophe LAMPERTZ, Bestuurder
Technical details
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}08-10-2024 2 resigning
- BV Dobis, Bestuurder
- BV Goodless Smart Group, Bestuurder
Technical details
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}27-08-2024 Change in the board of directors
Technical details
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}09-04-2024 Registered office moved from Deinze to Sint-Niklaas
- Europalaan 68, 9800 Deinze → Industriepark West 42 te 9100 Sint-Niklaas
Technical details
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}07-07-2021 Incorporation of a new BV
Technical details
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}| Legal nameNL | Red-use On the Go |