Red20

Active

Private limited companyfounded 20214 yrs activeRattenborgstraat 20, 3473 Kortenaken, BelgiumKBO/BCE: BE 0778.759.253

Summary

Red20 has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,999 and a net result of €12,816. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 53% of 1815 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch Report Compare

Red20ActiveChecked score 82/100

Risk analysis Report Compare

Activity

Media representation

NACE 73120

1 site

Size

€100,563total assets 2025

Equity: €47,999
Profit: €12,816

Turnover not published (abridged schema)

Financial health

82 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.4%

Structure

Accounts 157 d early0 of 1 deed read

Why 82- 1 of the last 3 late- Founded in 2021+ Sector Advertising, market research and public relations activities (NACE 73)+ Liquidity: current ratio 1.91, cash €14,105, halvedShow the evidence

Checked score

Score 2025

82 / 100

Excellent

Probability in this band: under 0.55%

Better than 38% of its sector peers (NACE 73, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 73-26

equity 47.7% of total assets

Liquidity 42-55

short-term debt 51.5% · cash 14.0%

Profitability 85-8

return on assets 12.7%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,109 companies)

Last 14 months 09-2025: 0.1% 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%▼ -4.2% vs 11-2025 01-2026: 0.1%▼ -1.4% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%▼ -0.7% vs 02-2026lowest value 04-2026: 0.4%▲ +200% vs 03-2026 05-2026: 0.4%▲ +3.0% vs 04-2026highest value 06-2026: 0.4%● 0.0% vs 05-2026highest value 07-2026: 0.4%● 0.0% vs 06-2026highest value 08-2026: 0.4%● 0.0% vs 07-2026highest value 09-2026: 0.4%● 0.0% vs 08-2026highest value 10-2026: 0.4%● 0.0% vs 09-2026highest value

Sector Advertising, market research and public relations activities (NACE 73) lowers the probability
Liquidity: current ratio 1.91, cash €14,105, halved lowers the probability
1 of the last 3 late raises the probability
Founded in 2021 raises the probability for this profile

Credit up to €3,500 at 30 days acceptable

Liquidity ample (current ratio 1.91 against 6.27 in 2024; short-term debt: 51.5% and cash: 14% of total assets), but 52.3% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 73, micro). Better than this share of them on solvency 47%, liquidity 25%, profitability 61%, growth against the median 21%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Sector Advertising, market research and public relations activities (NACE 73)

In the bankruptcy model this factor lowers the probability.

KBO

Liquidity: current ratio 1.91, cash €14,105, halved

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Founded in 2021

In the bankruptcy model this factor raises the probability for this profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-02-2026, 157 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

157 d early

2024

87 d early

2023

31 d late

2022

31 d late

← before the deadline after the deadline →

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

This company filed its last 4 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 3 July (3 of the last 4 filed years within 60 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage