REDRED
ActiveSummary
The computed 12-month bankruptcy probability of REDRED is 9.3% (elevated). The 2024 annual accounts show equity of €1,911 and a net result of €5,942. Its solvency ranks better than 48% of 18930 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 9.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 7,976 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 | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | €36,011 | €95,960 | ▲ 166% |
| Goods, raw materials, services and sundry goods60/61 | - | €74,153 | - |
| Remuneration, social security and pensions62 | - | €10,369 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,139 | - | - |
| Other operating charges640/8 | €399 | €5,230 | ▲ 1,209% |
| Gross operating margin9900 | -€4,491 | €21,807 | ▲ 586% |
| Operating profit (loss)9901 | -€6,029 | €6,208 | ▲ 203% |
| Financial charges65/66B | €2 | €265 | ▲ 11,046% |
| Recurring financial charges65 | €2 | €265 | ▲ 11,046% |
| Profit (loss) for the period before taxes9903 | -€6,032 | €5,942 | ▲ 199% |
| Profit (loss) for the period9904 | -€6,032 | €5,942 | ▲ 199% |
| Profit (loss) for the period to be appropriated9905 | -€6,032 | €5,942 | ▲ 199% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €5,476 | €7,041 | ▲ 28.6% |
| Formation expenses20 | €625 | €625 | = |
| Fixed assets21/28 | €3,306 | €3,306 | = |
| Tangible fixed assets22/27 | €3,306 | €3,306 | = |
| Plant, machinery and equipment23 | €3,306 | €3,306 | = |
| Current assets29/58 | €1,545 | €3,111 | ▲ 101% |
| Amounts receivable within one year40/41 | - | €308 | - |
| Other amounts receivable41 | - | €308 | - |
| Cash at bank and in hand54/58 | €1,545 | €2,802 | ▲ 81.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €5,476 | €7,041 | ▲ 28.6% |
| Equity10/15 | -€4,032 | €1,911 | ▲ 147% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€6,032 | -€89 | ▲ 98.5% |
| Amounts payable17/49 | €9,507 | €5,130 | ▼ 46.0% |
| Amounts payable within one year42/48 | €9,507 | €5,130 | ▼ 46.0% |
| Trade debts44 | €2,379 | €194 | ▼ 91.9% |
| Suppliers440/4 | €2,379 | €194 | ▼ 91.9% |
| Taxes, remuneration and social security45 | €191 | €4,937 | ▲ 2,490% |
| Taxes450/3 | €191 | €556 | ▲ 192% |
| Remuneration and social security454/9 | - | €4,381 | - |
| Other amounts payable47/48 | €6,937 | - | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€6,032 | €5,942 | ▲ 199% |
| + Depreciation and write-downs630 | €1,139 | - | - |
| Operating cash flow (approximation) | -€4,893 | €5,942 | ▲ 221% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €1,257 | - |
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
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21010B0098/00Z000 | Brussels | 170 m² | 1 · 98 m² | 13.5 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.