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RTD-LINE

Bankruptcy
Private limited companyfounded 2021Brugsesteenweg 228, 8740 Pittem, BelgiumKBO/BCE: BE 0775.301.501

The KBO register records for RTD-LINE the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (€-121k) and a net result of €-106k.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year €-121k
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
59 d late
2021
8 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€-121k▼ 722%
2023 · €-15k
2021: €4k 2022: €14k 2023: €-15k
2021 → 2024
Total assets
€711k▲ 61.8%
2023 · €440k
2021: €7k 2022: €150k 2023: €440k
2021 → 2024
Net result
€-106k▼ 272%
2023 · €-28k
2021: €3k 2022: €10k 2023: €-28k
2021 → 2024
Working capital
€-154k▼ 102%
2023 · €-76k
2021: €4k 2022: €14k 2023: €-76k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2021202220232024Trend
Equity€4k-€14k▲ 261%€-15k€-121k▼ 722%
Operating result€3k-€13k▲ 353%€-19k€-92k▼ 392%
Net result€3k-€10k▲ 253%€-28k€-106k▼ 272%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0Operating result 2021: €3k€3kNet result 2021: €3k€3kOperating result 2022: €13k€13kNet result 2022: €10k€10kOperating result 2023: €-19k€-19kNet result 2023: €-28k€-28kOperating result 2024: €-92k€-92kNet result 2024: €-106k€-106k2021202220232024
The operating result stays negative: a loss of €92k in 2024 against €19k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €711k
Fixed assets €131k▼ 50.0%
Current assets €580k▲ 227%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-51k
2023 · €29k
Cash flow
€-65k
2023 · €19k
Solvency
-17.0%
2023 · -3.3%
Current ratio
0.79
2023 · 0.70
Quick ratio
0.79
2023 · 0.70
Debt / equity
-6.90
2023 · -30.96
ROA
-14.9%
2023 · -6.5%
Interest coverage
-3.68
2023 · 2.75
Debt
€832k
2023 · €454k
Debt ≤ 1 year
€733k
2023 · €253k
Debt > 1 year
€98k
2023 · €201k
Staff costs
€670k
2023 · €412k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€440k€711k
Fixed assets21/28€262k€131k
Tangible fixed assets22/27€262k€131k
Plant, machinery and equipment23€4k€4k
Furniture and vehicles24€96k€2k
Leasing and similar rights25€163k€125k
Current assets29/58€177k€580k
Amounts receivable within one year40/41€136k€472k
Trade receivables40€136k€450k
Other amounts receivable41-€23k
Cash at bank and in hand54/58€41k€100k
Deferred charges and accrued income490/1-€7k
Equity and liabilities
Total equity and liabilities10/49€440k€711k
Equity10/15€-15k€-121k
Contributions10/11€1k€1k=
Profit (loss) carried forward14€-16k€-122k
Amounts payable17/49€454k€832k
Amounts payable after more than one year17€201k€98k
Financial debts170/4€201k€98k
Amounts payable within one year42/48€253k€733k
Current portion of amounts payable after more than one year42€53k€37k
Trade debts44€65k€330k
Suppliers440/4€65k€330k
Advances received on contracts in progress46-€245k
Taxes, remuneration and social security45€135k€84k
Taxes450/3€29k€36k
Remuneration and social security454/9€106k€48k
Other amounts payable47/48€1k€38k
Income statement Code20232024
Remuneration, social security and pensions62€412k€670k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€40k
Other operating charges640/8€80k€125k
Gross operating margin9900€522k€743k
Operating profit (loss)9901€-19k€-92k
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€11k€14k
Recurring financial charges65€11k€14k
Profit (loss) for the period before taxes9903€-29k€-106k
Income taxes67/77€-756-
Profit (loss) for the period9904€-28k€-106k
Profit (loss) for the period to be appropriated9905€-28k€-106k
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-122k
Profit (loss) brought forward from the previous period14P€13k€-16k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Weakest financial yearnet €-106k
Net result drops to €-106k, the lowest in the series.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
28-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial Highest result since 2021net €10k ▲253%
Operating result €13k, net result €10k, both a record.
08-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Pittem · 1 establishment unit since 2021
establishment The establishment unit on the map
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.

Brugsesteenweg 2288740 Pittem
Ground area
901 m²
Building footprint
171 m²
Volume, LiDAR
1,032 m³
Parcel 37003C0251/00D000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RTD-LINE
Brugsesteenweg 228, 8740 PittemNACE 45112
since 20212.323.223.838
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37003C0251/00D000 Flanders 901 m² 1 · 171 m² 9.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 5 entries · 8,448 EUR awarded · 8,788 EUR paid
Year Entries awardedpaid
2025 1 603 EUR603 EUR
2024 1 1,236 EUR1,236 EUR
2023 2 6,486 EUR6,826 EUR
2022 1 123 EUR123 EUR
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
1 entry · 6,000 EUR · 6,000 EUR paid · Departement Mobiliteit en Openbare Werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 2,448 EUR · 2,788 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Parcel delivery

Notified to the BIPT
since 29-05-2024

Similar companies · same sector, comparable size

Of 4,917 companies in sector 53200 we hold annual accounts for 1,330. 987 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-10-2021
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
53200Other postal and courier activities
52250Logistics services
52290Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.