THE RED FACTORY
ActiveTHE RED FACTORY has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30k and a net result of €-1k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 2687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▼-61
Solvency96▲+21
Growth52=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 2.73 in 2024; short-term debt: 28.8% and cash: 31.3% of total assets), and 29% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
71%
Return on assets
-2.7%
Age of the figures
9 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
16 d early
2024
44 d early
2023
37 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€30k▼ 3.7%
2024 · €31k
2023: €22k
2024: €31k
2023 → 2025
Total assets
€43k▼ 32.3%
2024 · €63k
2023: €28k
2024: €63k
2023 → 2025
Net result
€-1k
2024 · €10k
2023: €17k
2024: €10k
2023 → 2025
Working capital
€2k▼ 91.3%
2024 · €21k
2023: €16k
2024: €21k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€22k-€31k▲ 43.7%€30k▼ 3.7%
Operating result€21k-€13k▼ 40.5%€-327
Net result€17k-€10k▼ 43.3%€-1k
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 turns negative in 2025: a loss of €327 after €13k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets
€29k▼ 3.9%
Current assets
€14k▼ 57.5%
Equity and liabilities €43k
Equity
€30k▼ 3.7%
Debt
€12k▼ 60.7%
The debt ratio falls from 50.1% to 29.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▼
2024 · €19k
Cash flow
€859▼
2024 · €16k
Solvency
71.0%▲
2024 · 49.9%
Current ratio
1.15▼
2024 · 2.73
Quick ratio
1.15▼
2024 · 2.73
Debt / equity
0.41▼
2024 · 1.00
ROE
-3.8%▼
2024 · 30.4%
ROA
-2.7%▼
2024 · 15.2%
Interest coverage
1.40▼
2024 · 26.82
Debt
€12k▼
2024 · €32k
Debt ≤ 1 year
€12k▲
2024 · €12k
Income taxes
€139▼
2024 · €3k
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€63k€43k▼
Fixed assets21/28€30k€29k▼
Tangible fixed assets22/27€30k€29k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€28k€27k▼
Current assets29/58€33k€14k▼
Amounts receivable within one year40/41€9k€109▼
Trade receivables40€92€109▲
Other amounts receivable41€9k-
Cash at bank and in hand54/58€24k€13k▼
Deferred charges and accrued income490/1€251€664▲
Equity and liabilities
Total equity and liabilities10/49€63k€43k▼
Equity10/15€31k€30k▼
Contributions10/11€5k€5k=
Outside capital11-€5k
Other1109/19-€5k
Profit (loss) carried forward14€26k€25k▼
Amounts payable17/49€32k€12k▼
Amounts payable after more than one year17€19k-
Financial debts170/4€19k-
Amounts payable within one year42/48€12k€12k▲
Current portion of amounts payable after more than one year42€6k-
Trade debts44€380€124▼
Suppliers440/4€380€124▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48-€9k
Accrued charges and deferred income492/3-€85
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€2k▼
Other operating charges640/8€546€543▼
Non-recurring operating charges66A-€9k
Gross operating margin9900€19k€11k▼
Operating profit (loss)9901€13k€-327▼
Financial income75/76B€397€514▲
Recurring financial income75€397€514▲
Financial charges65/66B€695€1k▲
Recurring financial charges65€695€1k▲
Profit (loss) for the period before taxes9903€12k€-1k▼
Income taxes67/77€3k€139▼
Profit (loss) for the period9904€10k€-1k▼
Profit (loss) for the period to be appropriated9905€10k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€25k▼
Profit (loss) brought forward from the previous period14P€17k€26k▲
The notes to these accounts (6 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-1k ▼112%
Net result drops to €-1k, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2023
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.
Sint-Bernardusstraat 1291060 Sint-Gillis (bij-Brussel)Ground area
805 m²
Building footprint
210 m²
Volume, LiDAR
2,866 m³
2 parcels, Brussels, Wallonia · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
The Red Factory
since 20232.343.445.962
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91034G0250/00S000 | Wallonia | 546 m² | 1 · 103 m² | 17.0 m · 5 fl. |
| 21013B0330/00R005 | Brussels | 258 m² | 1 · 106 m² | 17.4 m · 5 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.
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Of 16,887 companies in sector 62100 we hold annual accounts for 8,777. 6,356 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2023
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
18130Pre-press and pre-media services
62900Other information technology and computer services
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
73110Advertising agencies
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:theredfactory01@gmail.com
Phone:+32495300453