Reddlink
ActiveSummary
The computed 12-month bankruptcy probability of Reddlink is 1.8% (moderate). The 2025 annual accounts show negative equity (-€2,060) and a net result of €134, of which €4,815 non-recurring income. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 13,639 sector peers (NACE 46, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€2,060
- Profit
- €134
- Largest shareholder
- REDD POINT · 20%
- JOYCONDirector · permanent representative VANRYCKEGHEM Marnix
Why 54raises risk1 change of registered office in 24 monthsNegative equity -€2,060Figures for financial year 2025 (filed 05-12-2025)lowers riskSize: total assets €8,863Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 12% on solvency, 20% on liquidity, 37% on profitability and 91% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 4 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Capital & shares · Purpose ·…Name change · Purpose change…
- Permanent representative: Wim FeysRegistered-office move
Financials · financial year 2025, micro format
2025 annual accounts filed late (27 days) Filed on 27 November 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2025-00576266.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result returns to profit in 2025: €216 after a loss of €16,681 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 906 companies that looked in July 2024 the way this one looks now, 6.1% went bankrupt within 24 months and 89.3% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 906 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €4,815 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,189 | - | - | - | - | - | €53 | - |
| Other operating charges640/8 | - | - | - | €459 | €460 | €664 | €387 | ▼ 41.7% |
| Non-recurring operating charges66A | - | - | - | - | - | €9,987 | €0 | ▼ 100% |
| Gross operating margin9900 | €3,445 | €5,872 | €4,373 | €923 | -€3,370 | -€6,030 | €656 | - |
| Operating profit (loss)9901 | €2,050 | €5,765 | €3,916 | €464 | -€3,830 | -€16,681 | €216 | - |
| Financial income75/76B | - | - | - | €146 | - | - | €1 | - |
| Recurring financial income75 | €20 | €18 | €37 | €146 | - | - | €1 | - |
| Financial charges65/66B | - | - | - | €66 | €68 | €235 | €83 | ▼ 64.8% |
| Recurring financial charges65 | €1,901 | €132 | €186 | €66 | €68 | €235 | €83 | ▼ 64.8% |
| Profit (loss) for the period before taxes9903 | €169 | €5,650 | €3,767 | €544 | -€3,898 | -€16,916 | €134 | - |
| Income taxes67/77 | €29 | €1,678 | €954 | €191 | - | - | - | - |
| Profit (loss) for the period9904 | €140 | €3,973 | €2,813 | €353 | -€3,898 | -€16,916 | €134 | - |
| Profit (loss) for the period to be appropriated9905 | €140 | €3,973 | €2,813 | €353 | -€3,898 | -€16,916 | €134 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €11,584 | €17,447 | €27,239 | €24,344 | €19,708 | €432 | €8,863 | ▲ 20× |
| Fixed assets21/28 | - | - | - | - | - | - | €6,597 | - |
| Intangible fixed assets21 | - | - | - | - | - | - | €6,597 | - |
| Current assets29/58 | €11,584 | €17,447 | €27,239 | €24,344 | €19,708 | €432 | €2,265 | ▲ 424% |
| Stocks and contracts in progress3 | - | - | €1,161 | €2,810 | €3,300 | - | - | - |
| Stocks30/36 | - | - | - | €2,810 | €3,300 | - | - | - |
| Amounts receivable within one year40/41 | €3,714 | €209 | €696 | €4,500 | €3,569 | €406 | €781 | ▲ 92.1% |
| Trade receivables40 | - | - | - | €4,500 | €3,569 | - | €399 | - |
| Other amounts receivable41 | - | - | - | - | - | €406 | €381 | ▼ 6.2% |
| Cash at bank and in hand54/58 | €7,850 | €17,238 | €25,349 | €17,034 | €12,839 | €26 | €1,485 | ▲ 57× |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €11,584 | €17,447 | €27,239 | €24,344 | €19,708 | €432 | €8,863 | ▲ 20× |
| Equity10/15 | €6,340 | €10,313 | €13,126 | €13,479 | €9,581 | -€7,335 | -€2,060 | ▲ 71.9% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €11,341 | ▲ 82.9% |
| Reserves13 | €20 | €20 | €20 | €20 | €20 | €20 | €20 | = |
| Non-distributable reserves130/1 | - | - | - | €20 | €20 | €20 | €20 | = |
| Reserves not available under the articles1311 | - | - | - | €20 | €20 | €20 | - | - |
| Other1319 | - | - | - | - | - | - | €20 | - |
| Profit (loss) carried forward14 | €120 | €4,093 | €6,906 | €7,259 | €3,361 | -€13,555 | -€13,421 | ▲ 1.0% |
| Amounts payable17/49 | €5,244 | €7,134 | €14,113 | €10,865 | €10,127 | €7,768 | €10,923 | ▲ 40.6% |
| Amounts payable within one year42/48 | €5,244 | €7,134 | €14,113 | €10,865 | €10,127 | €7,768 | €10,923 | ▲ 40.6% |
| Trade debts44 | €74 | €273 | €2,558 | €144 | €3,428 | €1,672 | €380 | ▼ 77.3% |
| Suppliers440/4 | - | - | - | €144 | €3,428 | €1,672 | €380 | ▼ 77.3% |
| Taxes, remuneration and social security45 | - | - | - | €208 | €276 | €954 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €208 | €276 | €954 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €10,514 | €6,424 | €5,141 | €10,543 | ▲ 105% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €140 | €3,973 | €2,813 | €353 | -€3,898 | -€16,916 | €134 | - |
| + Depreciation and write-downs630 | €1,189 | - | - | - | - | - | €53 | - |
| Operating cash flow (approximation) | €1,330 | €3,973 | €2,813 | €353 | -€3,898 | -€16,916 | €187 | - |
| Change in cash | - | €9,388 | €8,111 | -€8,315 | -€4,195 | -€12,813 | €1,459 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | micro format | 27-11-2025 | 2025-00576266 |
| 31-03-2024 | abbreviated format | 28-10-2024 | 2024-00518159 |
| 31-03-2023 | abbreviated format | 13-11-2023 | 2023-00510538 |
| 31-03-2022 | abbreviated format | 31-10-2022 | 2022-20477872 |
| 31-03-2021 | abbreviated format | 02-11-2021 | 2021-76500159 |
| 31-03-2020 | abbreviated format | 23-10-2020 | 2020-63300598 |
| 31-03-2019 | abbreviated format | 30-10-2019 | 2019-73100074 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| JOYCON |
|
| Ghesquière Sandra |
|
Owners and capital
Owners
4 ownersOwners 4
-
20%
-
20%
- Sourceact 27-05-2025share not stated
- Sourceact 27-05-2025share not stated
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- JOYCON (BE 0861.191.536) €4,200 in cash
- FRANSISA (BE 0719.590.837) €12,600 in cash
- VANVES (BE 0794.893.818) €8,400 in cash
- BRANDERS Björn €8,400 in cash
- REDD POINT (BE 0774.641.406) €8,400 in cash
- FRANSISA (BE 0719.590.837) 9 shares
- REDD POINT (BE 0774.641.406) 6 shares
- JOYCON (BE 0861.191.536) 3 shares
- VANVES (BE 0794.893.818) 6 shares
- BRANDERS Björn 6 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 28-12-2023 Converted to unavailable equity
- 28-12-2023 Converted to available equity
Group and network
Connections & network
3 connected companiesHistory
Acts, filings and financial milestones
27-05
Gazette deed
Capital & shares · Purpose · Amendment of the articles · NameName change · Purpose change · Capital contribution23 facts ▸
- General meeting, 12-05-2025
- Name change, ReddLink
- Other provision, “vrijstelling lezing verslag bestuursorgaan”, 09-05-2025 (deed in Dutch)
- Purpose change
- Capital contribution, €42,000
- Other provision, “afstand verslaggeving uitgifteprijs en gevolgen, aandelen niet uitgegeven tot vergoeding inbreng in natura” (deed in Dutch)
- Other provision, “alle aandeelhouders, uitoefening voorkeurrecht en afstand aanbiedingen,mededelingen en termijnen” (deed in Dutch)
- Capital contribution, €4,200
- Capital contribution, €12,600
- Capital contribution, €8,400 (3 times)
- Bank account, 42000, “bijzondere rekening op naam vennootschap” (deed in Dutch)
- Other provision, “geen creatie nieuwe aandelen, aanvaarding bijkomende inbrengen” (deed in Dutch)
- +11 further facts in this act
07-05
Gazette deed
Permanent representative: Wim FeysRegistered-office move3 facts ▸
- General meeting, 08-04-2025
- Registered-office move, Moerkerkesteenweg 47,8340 Damme
- Permanent representative, Wim Feys
27-09
Gazette deed
Resignation: Ghesquière Sandra (director)Permanent representative: Vanryckeghem Marnix4 facts ▸
- General meeting, 25-04-2024
- Director resignation, Ghesquière Sandra (director)
- Director in office, Joycon bv (director)
- Permanent representative, Vanryckeghem Marnix
28-12
Gazette deed
Resignations: GHESQUIÈRE Sandra (director) and JOYCON (director)Appointments: GHESQUIÈRE Sandra (director) and JOYCON (director) · Permanent representative: VANRYCKEGHEM Marnix · Capital conversion16 facts ▸
- General meeting, 21-12-2023
- Other provision, “vaststelling inwerkingtreding en toepassing WVV” (deed in Dutch)
- Director resignation, GHESQUIÈRE Sandra (director (not named in the articles))
- Director resignation, JOYCON (director (not named in the articles))
- Director appointment, GHESQUIÈRE Sandra (director (not named in the articles))
- Director appointment, JOYCON (director (not named in the articles))
- Permanent representative, VANRYCKEGHEM Marnix
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “beschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles (2 times)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital
- +4 further facts in this act
09-11
Gazette deed
Permanent representative: Vanryckeghem MarnixRegistered-office move4 facts ▸
- General meeting, 23-10-2023
- Registered-office move, Kwadestraat 149 bus 0.1 8800 Roeselare
- Director in office, Joycon BV (director)
- Permanent representative, Vanryckeghem Marnix
Show earlier events
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 5 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31432A0378/00L000 | Flanders | 2,839 m² | 1 · 256 m² | 6.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimiteddeed of 27-05-2025
- Name clauseThe name the company operates under according to its articles.
- AIMFRESH BEdeed of 28-12-2023
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deeddeed of 28-12-2023
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alonedeed of 28-12-2023
- Board ruleHow the board is made up, meets and takes decisions.
- “Beëindigt mandaat vervangen bestuurder, openvalt om welke reden” (deed in Dutch)3 more provisions on this in the deeddeed of 27-05-2025
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deeddeed of 28-12-2023
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid aantal, elke overdracht onder levenden ten bezwarende of kosteloze titel,vrijwillig of…” (deed in Dutch)deed of 27-05-2025
- Share issue ruleHow and by whom new shares can be issued.
- “Alle niet-verboden effecten waaronder aandelen,(converteerbare)obligaties,winstbewijzen,inschrijvingsrechten, toereikend gelet op…” (deed in Dutch)“Bestaande aandeelhouders, e-mail” (deed in Dutch)1 more provision on this in the deeddeed of 28-12-2023
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of September at 12:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle handelingen nodig of dienstig voor vereffening, wanneer commissaris benoemd controleert hij” (deed in Dutch)