REDSOF
ActiveThe computed 12-month bankruptcy probability of REDSOF is 3.6% (moderate). The annual accounts of REDSOF for fiscal year 2025 show a net loss of 69% of the equity at the start of that year. The 2025 annual accounts show equity of €3k and a net result of €-7k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 33% of 4547 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-66
Solvency47▼-31
Growth55▼-13
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.77 against 1.03 in 2024; short-term debt: 77.8% and cash: 50% of total assets), and 77.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
22.2%
Return on assets
-48.2%
Age of the figures
9 mo
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-7k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 8 filingsDeviation from the deadline
2025
27 d late
2024
17 d early
2023
67 d late
2022
64 d late
2021
30 d late
2020
31 d late
2019
59 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€32k▲ 1,073%
2018 · €3k
2018: €3k
2018 → 2022
EBIT margin
-65.9%▼ 83.8pp
2018 · 17.9%
2018: 17.9%
2018 → 2022
Net result
€-7k▼ 1,527%
2024 · €-438
2018: €430
2019: €4k
2020: €853
2021: €15k
2022: €-21k
2023: €-7k
2024: €-438
2018 → 2025
Working capital
€-3k
2024 · €321
2018: €4k
2019: €7k
2020: €-3k
2021: €20k
2022: €-3k
2023: €-4k
2024: €321
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€32k
Equity€26k-€18k▼ 32.2%€11k▼ 38.6%€10k▼ 4.0%€3k▼ 68.5%
Operating result€15k-€-21k€-7k▲ 67.5%€-387▲ 94.3%€-7k▼ 1,698%
Net result€15k-€-21k€-7k▲ 67.2%€-438▲ 93.6%€-7k▼ 1,527%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €387 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15k
Fixed assets
€6k▼ 41.7%
Current assets
€9k▼ 7.0%
Equity and liabilities €15k
Equity
€3k▼ 68.5%
Debt
€12k▲ 24.3%
The debt ratio rises from 47.1% to 77.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2024 · €5k
Cash flow
€-3k▼
2024 · €5k
Solvency
22.2%▼
2024 · 52.9%
Current ratio
0.77▼
2024 · 1.03
Quick ratio
0.77▼
2024 · 1.03
Debt / equity
3.51▲
2024 · 0.89
ROE
-217.6%▼
2024 · -4.2%
ROA
-48.2%▼
2024 · -2.2%
Interest coverage
-15.71▼
2024 · 95.53
Debt
€12k▲
2024 · €9k
Debt ≤ 1 year
€12k▲
2024 · €9k
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€20k€15k▼
Fixed assets21/28€10k€6k▼
Tangible fixed assets22/27€10k€6k▼
Furniture and vehicles24€10k€6k▼
Current assets29/58€10k€9k▼
Amounts receivable within one year40/41€4k€2k▼
Trade receivables40€2k€251▼
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€5k€7k▲
Deferred charges and accrued income490/1€430-
Equity and liabilities
Total equity and liabilities10/49€20k€15k▼
Equity10/15€10k€3k▼
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€193€193=
Non-distributable reserves130/1€193€193=
Legal reserve130€193-
Other1319-€193
Profit (loss) carried forward14€-8k€-16k▼
Amounts payable17/49€9k€12k▲
Amounts payable within one year42/48€9k€12k▲
Trade debts44€7k€11k▲
Suppliers440/4€7k€11k▲
Taxes, remuneration and social security45-€25
Taxes450/3-€25
Other amounts payable47/48€2k-
Income statement
Code20242025
Non-recurring operating income76A€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€749€2k▲
Gross operating margin9900€6k€-589▼
Operating profit (loss)9901€-387€-7k▼
Financial income75/76B-€8
Recurring financial income75-€8
Financial charges65/66B€51€175▲
Recurring financial charges65€51€175▲
Profit (loss) for the period before taxes9903€-438€-7k▼
Profit (loss) for the period9904€-438€-7k▼
Profit (loss) for the period to be appropriated9905€-438€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-16k▼
Profit (loss) brought forward from the previous period14P€-8k€-8k▼
The notes to these accounts (4 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
31-12
Financial
Weakest financial yearnet €-21k ▼241%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €15k ▲1621%
Operating result €15k, net result €15k, both a record.
31-12
Financial
Liquidity times 6current ratio 3.46
Current ratio from 0.63 to 3.46.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2018
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.
de Mérodestraat 2621060 Sint-Gillis (bij-Brussel)Ground area
168 m²
Building footprint
151 m²
Volume, LiDAR
2,152 m³
2 parcels, Brussels · tallest building 21.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
REDSOF
since 20182.276.761.828
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0035/00N002 | Brussels | 88 m² | 1 · 77 m² | 21.5 m · 6 fl. |
| 21562A0445/00S000 | Brussels | 80 m² | 1 · 74 m² | 16.9 m · 4 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.
Similar companies · same sector, comparable size
BEEDEL
BE 0766.278.026
Antwerpen · Eq €3k
ASW SERVICES
BE 0804.424.166
Lokeren · Eq €3k
MONIR
BE 0880.399.120
Brussel · Eq €3k
BEL-DRIVE
BE 1010.423.462
Antwerpen · Eq €3k
Citycab Antwerpen
BE 1023.253.691
Antwerpen · Eq €3k
Of 6,687 companies in sector 49330 we hold annual accounts for 2,288. 1,439 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-05-2018
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49310Scheduled passenger transport by road
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:ssosoh@hotmail.com
Phone:0472262970