RedBit
ActiveSummary
RedBit has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €69,252 and a net result of €59,473. Its solvency ranks better than 15% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability86▲+74
Solvency41▲+14
Growth78
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity short (current ratio 0.5 against 0.33 in 2023; short-term debt: 55.2% and cash: 0.4% of total assets), and 83.5% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
16.5%
Return on assets
14.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 20783 sector peers (2024).
NBB · sector comparisonPosition among 20783 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
74 d late
2023
328 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 201 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€59,473
2023 · -€60,221
Working capital
-€115,824▲ 39.6%
2023 · -€191,633
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20232024
Operating result-€45,813-€80,838
Net result-€60,221-€59,473
Equity€9,779-€69,252▲ 608%
Total assets€438,375-€419,985▼ 4.2%
Debt€428,596-€350,733▼ 18.2%
Working capital-€191,633--€115,824▲ 39.6%
Staff (FTE)1.8-1.8=
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €80,838 after a loss of €45,813 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €419,985
Fixed assets
€303,918 ▼ 11.9%
Current assets
€116,067 ▲ 24.2%
Equity and liabilities €419,985
Equity
€69,252 ▲ 608%
Debt
€350,733 ▼ 18.2%
Debt's share of the balance-sheet total falls from 97.8% to 83.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€121,838▲
2023 · €19,269
Cash flow
€100,473▲
2023 · €4,861
Current ratio
0.50▲
2023 · 0.33
Debt to equity
5.06▼
2023 · 43.83
ROE
85.9%▲
2023 · -615.8%
ROA
14.2%▲
2023 · -13.7%
Interest coverage
10.04▲
2023 · 1.28
Debt ≤ 1 year
€231,891▼
2023 · €285,090
Debt > 1 year
€118,842▼
2023 · €143,506
Income taxes
€9,382
Staff costs
€82,824▼
2023 · €158,613
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €158,613 | €82,824 | ▼ 47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €65,082 | €41,000 | ▼ 37.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €2,724 | - | - |
| Other operating charges640/8 | €7,258 | €13,358 | ▲ 84.0% |
| Gross operating margin9900 | €187,864 | €218,020 | ▲ 16.1% |
| Operating profit (loss)9901 | -€45,813 | €80,838 | ▲ 276% |
| Financial income75/76B | €700 | €150 | ▼ 78.6% |
| Recurring financial income75 | €700 | €150 | ▼ 78.6% |
| Financial charges65/66B | €15,108 | €12,133 | ▼ 19.7% |
| Recurring financial charges65 | €15,108 | €12,133 | ▼ 19.7% |
| Profit (loss) for the period before taxes9903 | -€60,221 | €68,855 | ▲ 214% |
| Income taxes67/77 | - | €9,382 | - |
| Profit (loss) for the period9904 | -€60,221 | €59,473 | ▲ 199% |
| Profit (loss) for the period to be appropriated9905 | -€60,221 | €59,473 | ▲ 199% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €438,375 | €419,985 | ▼ 4.2% |
| Fixed assets21/28 | €344,918 | €303,918 | ▼ 11.9% |
| Intangible fixed assets21 | €344,918 | €303,918 | ▼ 11.9% |
| Current assets29/58 | €93,457 | €116,067 | ▲ 24.2% |
| Amounts receivable within one year40/41 | €90,917 | €114,547 | ▲ 26.0% |
| Trade receivables40 | €49,409 | €33,604 | ▼ 32.0% |
| Other amounts receivable41 | €41,508 | €80,943 | ▲ 95.0% |
| Cash at bank and in hand54/58 | €2,540 | €1,520 | ▼ 40.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €438,375 | €419,985 | ▼ 4.2% |
| Equity10/15 | €9,779 | €69,252 | ▲ 608% |
| Contributions10/11 | €70,000 | €70,000 | = |
| Profit (loss) carried forward14 | -€60,221 | -€748 | ▲ 98.8% |
| Amounts payable17/49 | €428,596 | €350,733 | ▼ 18.2% |
| Amounts payable after more than one year17 | €143,506 | €118,842 | ▼ 17.2% |
| Financial debts170/4 | €143,506 | €118,842 | ▼ 17.2% |
| Amounts payable within one year42/48 | €285,090 | €231,891 | ▼ 18.7% |
| Current portion of amounts payable after more than one year42 | €45,495 | €33,594 | ▼ 26.2% |
| Financial debts43 | €8,445 | €27,922 | ▲ 231% |
| Credit institutions430/8 | €8,445 | €27,922 | ▲ 231% |
| Trade debts44 | €136,036 | €56,405 | ▼ 58.5% |
| Suppliers440/4 | €136,036 | €56,405 | ▼ 58.5% |
| Taxes, remuneration and social security45 | €95,114 | €108,811 | ▲ 14.4% |
| Taxes450/3 | €71,574 | €84,979 | ▲ 18.7% |
| Remuneration and social security454/9 | €23,540 | €23,832 | ▲ 1.2% |
| Other amounts payable47/48 | - | €5,159 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€60,221 | €59,473 | ▲ 199% |
| + Depreciation and write-downs630 | €65,082 | €41,000 | ▼ 37.0% |
| Operating cash flow (approximation) | €4,861 | €100,473 | ▲ 1,967% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€1,020 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 74 days late
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 328 days late
2024
31-12
Financial
Back to profitnet €59,473
Net result €59,473 after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Frasnes-lez-Anvaing · 1 establishment unit since 2022
Ground area
7,548 m²
Building footprint
1,046 m²
Volume, LiDAR
9,615 m³
Parcel 51022D0410/00F002, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RedBit
since 20222.328.259.326
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51022D0410/00F002indicative | Wallonia | 7,548 m² | 1 · 1,046 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
0 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 16,901 companies in sector 62100 we hold annual accounts for 8,775. 6,918 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
18130Pre-press and pre-media services
63910Web portal activities
73110Advertising agencies
73300Public relations and communication consultancy
74120Graphic design and visual communication
Contact
Scores and ratios are computed by Checked and are not a credit decision.