Rouge
ActiveSummary
The computed 12-month bankruptcy probability of Rouge is 2.7% (moderate). The 2025 annual accounts show negative equity (€-38k) and a net result of €-12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 3705 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability55▲+28
Solvency0▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.32 in 2024; short-term debt: 124% and cash: 3.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Four 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
-34.1%
Return on assets
-10.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-38k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
15 d early
2024
12 d late
2023
57 d early
2022
5 d early
2021
24 d early
2020
51 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-38k▼ 46.8%
2024 · €-26k
Total assets
€112k▼ 39.7%
2024 · €185k
Net result
€-12k▲ 54.7%
2024 · €-27k
Working capital
€-116k▲ 10.1%
2024 · €-129k
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
Line20212022202320242025
Operating result€20k€-2k€-3k▼ 74.9%€-19k▼ 481%€23k
Net result€18k€-4k€-6k▼ 46.6%€-27k▼ 346%€-12k▲ 54.7%
Equity€11k€7k▼ 37.4%€862▼ 87.5%€-26k€-38k▼ 46.8%
Total assets€268k▼ 2.1%€244k▼ 9.0%€231k▼ 5.2%€185k▼ 20.0%€112k▼ 39.7%
Debt€257k▼ 8.4%€237k▼ 7.8%€231k▼ 2.8%€211k▼ 8.5%€150k▼ 29.0%
Working capital€-152k▲ 11.6%€-136k▲ 10.2%€-125k▲ 8.2%€-129k▼ 2.7%€-116k▲ 10.1%
Staff (FTE)2.5▲ 4.2%3.7▲ 48.0%3.7=3.6▼ 2.7%3.7▲ 2.8%
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 returns to profit in 2025: €23k after a loss of €19k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €112k
Fixed assets
€89k ▼ 28.7%
Current assets
€23k ▼ 62.2%
Key figures and ratios
EBITDA
€58k▲
2024 · €25k
Cash flow
€24k▲
2024 · €17k
Solvency
-34.1%▼
2024 · -14.0%
Current ratio
0.17▼
2024 · 0.32
Quick ratio
0.07▼
2024 · 0.26
Debt to equity
-3.93▲
2024 · -8.13
ROA
-10.9%▲
2024 · -14.5%
Interest coverage
6.12▲
2024 · 3.14
Debt ≤ 1 year
€138k▼
2024 · €189k
Debt > 1 year
€11k▼
2024 · €22k
Income taxes
€25k
Staff costs
€140k▼
2024 · €149k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €67k | €132k | €152k | €149k | €140k | ▼ 6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41k | €45k | €45k | €44k | €36k | ▼ 18.9% |
| Other operating charges640/8 | €2k | €2k | €3k | €3k | €11k | ▲ 317% |
| Non-recurring operating charges66A | - | €32 | - | €601 | - | - |
| Gross operating margin9900 | €130k | €177k | €197k | €178k | €209k | ▲ 17.8% |
| Operating profit (loss)9901 | €20k | €-2k | €-3k | €-19k | €23k | ▲ 220% |
| Financial income75/76B | €1 | €12 | €15 | €61 | €7 | ▼ 89.0% |
| Recurring financial income75 | €1 | €12 | €15 | €61 | €7 | ▼ 89.0% |
| Financial charges65/66B | €2k | €2k | €3k | €8k | €10k | ▲ 18.8% |
| Recurring financial charges65 | €2k | €2k | €3k | €8k | €10k | ▲ 18.8% |
| Profit (loss) for the period before taxes9903 | €18k | €-4k | €-6k | €-27k | €13k | ▲ 149% |
| Income taxes67/77 | €109 | €152 | €152 | - | €25k | - |
| Profit (loss) for the period9904 | €18k | €-4k | €-6k | €-27k | €-12k | ▲ 54.7% |
| Profit (loss) for the period to be appropriated9905 | €18k | €-4k | €-6k | €-27k | €-12k | ▲ 54.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €268k | €244k | €231k | €185k | €112k | ▼ 39.7% |
| Fixed assets21/28 | €244k | €202k | €163k | €124k | €89k | ▼ 28.7% |
| Tangible fixed assets22/27 | €244k | €202k | €163k | €124k | €89k | ▼ 28.7% |
| Plant, machinery and equipment23 | €16k | €14k | €15k | €13k | €8k | ▼ 33.2% |
| Furniture and vehicles24 | €40k | €28k | €16k | €4k | - | - |
| Other tangible fixed assets26 | €188k | €160k | €133k | €108k | €80k | ▼ 25.8% |
| Current assets29/58 | €25k | €42k | €68k | €61k | €23k | ▼ 62.2% |
| Stocks and contracts in progress3 | €7k | €14k | €12k | €11k | €13k | ▲ 16.8% |
| Stocks30/36 | €7k | €14k | €12k | €11k | €13k | ▲ 16.8% |
| Amounts receivable within one year40/41 | €2k | €248 | €46k | €41k | €3k | ▼ 93.0% |
| Trade receivables40 | €2k | €248 | €9k | €4k | €3k | ▼ 39.9% |
| Other amounts receivable41 | €58 | - | €37k | €37k | €264 | ▼ 99.3% |
| Cash at bank and in hand54/58 | €12k | €24k | €5k | €4k | €4k | ▼ 9.9% |
| Deferred charges and accrued income490/1 | €4k | €4k | €6k | €5k | €4k | ▼ 16.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €268k | €244k | €231k | €185k | €112k | ▼ 39.7% |
| Equity10/15 | €11k | €7k | €862 | €-26k | €-38k | ▼ 46.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-8k | €-12k | €-18k | €-45k | €-57k | ▼ 27.2% |
| Amounts payable17/49 | €257k | €237k | €231k | €211k | €150k | ▼ 29.0% |
| Amounts payable after more than one year17 | €81k | €59k | €37k | €22k | €11k | ▼ 48.5% |
| Financial debts170/4 | €81k | €59k | €37k | €22k | €11k | ▼ 48.5% |
| Amounts payable within one year42/48 | €176k | €178k | €194k | €189k | €138k | ▼ 26.8% |
| Current portion of amounts payable after more than one year42 | €21k | €22k | €22k | €15k | €11k | ▼ 29.8% |
| Trade debts44 | €10k | €21k | €12k | €20k | €5k | ▼ 75.1% |
| Suppliers440/4 | €10k | €21k | €12k | €20k | €5k | ▼ 75.1% |
| Taxes, remuneration and social security45 | €16k | €14k | €18k | €21k | €15k | ▼ 27.6% |
| Taxes450/3 | €10k | €4k | €4k | €7k | €5k | ▼ 32.2% |
| Remuneration and social security454/9 | €6k | €11k | €14k | €13k | €10k | ▼ 25.2% |
| Other amounts payable47/48 | €129k | €121k | €140k | €133k | €108k | ▼ 19.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €-4k | €-6k | €-27k | €-12k | ▲ 54.7% |
| + Depreciation and write-downs630 | €41k | €45k | €45k | €44k | €36k | ▼ 18.9% |
| Operating cash flow (approximation) | €59k | €41k | €39k | €17k | €24k | ▲ 37.0% |
| Investment in fixed assets (approximation) | - | €-3k | €-6k | €-5k | €0 | ▲ 100% |
| Change in cash | - | €12k | €-19k | €-716 | €-388 | ▲ 45.8% |
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
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €18k
Net result €18k after 3 loss-making years.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Turnhout · 1 establishment unit since 2018
Ground area
405 m²
Building footprint
323 m²
Volume, LiDAR
2,376 m³
Parcel 13453T0207/00K000, Flanders · tallest building 14.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rouge
since 20182.271.464.242
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453T0207/00K000 | Flanders | 405 m² | 1 · 322 m² | 14.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTurnhout2.271.464.242
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Of 14,006 companies in sector 56301 we hold annual accounts for 4,888. 982 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
Founded21-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
91410Libraries, archives, museums and other cultural activities
Scores and ratios are computed by Checked and are not a credit decision.