REDD POINT
Open bankruptcyA bankruptcy procedure is open for REDD POINT according to publications in the Belgian State Gazette. The 2025 annual accounts show negative equity (€-189k) and a net result of €-57k.
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-189k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 4 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
30 d late
2022
7 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-189k▼ 43.6%
2024 · €-132k
2022: €-38k
2023: €-149k
2024: €-132k
2022 → 2025
Total assets
€246k▲ 23.3%
2024 · €199k
2022: €336k
2023: €260k
2024: €199k
2022 → 2025
Net result
€-57k
2024 · €17k
2022: €-68k
2023: €-111k
2024: €17k
2022 → 2025
Working capital
€-303k▼ 63.9%
2024 · €-185k
2022: €-66k
2023: €-224k
2024: €-185k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-38k-€-149k▼ 292%€-132k▲ 11.6%€-189k▼ 43.6%
Operating result€-65k-€-85k▼ 30.8%€36k€-123k
Net result€-68k-€-111k▼ 63.2%€17k€-57k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €123k after €36k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €246k
Fixed assets
€121k▼ 27.6%
Current assets
€125k▲ 284%
Key figures and ratios
EBITDA
€-65k▼
2024 · €95k
Cash flow
€946▼
2024 · €76k
Solvency
-76.8%▼
2024 · -66.0%
Current ratio
0.29▲
2024 · 0.15
Quick ratio
0.12▼
2024 · 0.15
Debt / equity
-2.30▲
2024 · -2.52
ROA
-23.3%▼
2024 · 8.7%
Interest coverage
-4.81▼
2024 · 4.97
Debt
€435k▲
2024 · €331k
Debt ≤ 1 year
€428k▲
2024 · €218k
Debt > 1 year
€6k▼
2024 · €81k
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€199k€246k▲
Fixed assets21/28€167k€121k▼
Intangible fixed assets21€167k€109k▼
Financial fixed assets28-€12k
Current assets29/58€33k€125k▲
Stocks and contracts in progress3-€73k
Stocks30/36-€73k
Amounts receivable within one year40/41€6k€21k▲
Trade receivables40€4k€14k▲
Other amounts receivable41€1k€7k▲
Cash at bank and in hand54/58€27k€31k▲
Deferred charges and accrued income490/1€0€465▲
Equity and liabilities
Total equity and liabilities10/49€199k€246k▲
Equity10/15€-132k€-189k▼
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-162k€-219k▼
Amounts payable17/49€331k€435k▲
Amounts payable after more than one year17€81k€6k▼
Financial debts170/4€81k€6k▼
Amounts payable within one year42/48€218k€428k▲
Current portion of amounts payable after more than one year42€70k€112k▲
Financial debts43€0€50k▲
Credit institutions430/8€0€50k▲
Trade debts44€11k€36k▲
Suppliers440/4€11k€36k▲
Advances received on contracts in progress46-€196k
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€137k€34k▼
Accrued charges and deferred income492/3€33k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58k€58k=
Other operating charges640/8€513€528▲
Gross operating margin9900€95k€-64k▼
Operating profit (loss)9901€36k€-123k▼
Financial income75/76B€0€79k▲
Recurring financial income75€0€260▲
Non-recurring financial income76B-€79k
Financial charges65/66B€19k€13k▼
Recurring financial charges65€19k€13k▼
Profit (loss) for the period before taxes9903€17k€-57k▼
Profit (loss) for the period9904€17k€-57k▼
Profit (loss) for the period to be appropriated9905€17k€-57k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-162k€-219k▼
Profit (loss) brought forward from the previous period14P€-179k€-162k▲
The notes to these accounts (8 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
11-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · REDD POINT BV MOERKERKE- STEENWEG 47, 8340 DAMME · event 07-09-2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-111k
Net result drops to €-111k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Damme · 1 establishment unit since 2021
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.
Moerkerkesteenweg 478340 DammeGround area
3,361 m²
Building footprint
378 m²
Volume, LiDAR
2,154 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
REDD POINT
since 20212.323.910.360
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31432A0378/00L000 | Flanders | 2,839 m² | 1 · 256 m² | 6.9 m · 2 fl. |
| 31019B0666/00Z003 | Flanders | 522 m² | 1 · 121 m² | 8.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | YVES CASTERMANS HOUTKAAI 15/02, 8000 BRUGGE- |
07-09-2026 → present |
| Curator | MARC CASTERMANS HOUTKAAI 15/02, 8000 BRUGGE- marc.castermans@castermans-
advocaten.be |
07-09-2026 → present |
Similar companies · same sector and region
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 11,554 companies in sector 71121 we hold annual accounts for 6,562.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-09-2021
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
73200Market research and public opinion polling
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
77400Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.reddpoint.com
E-mail:info@reddpoint.com