Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2022.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
RED LINE SERVICE from Turnhout, company number BE0456567122, closed financial year 2023 with a result of € 860 after tax. For that financial year RED LINE SERVICE recorded revenue of € 15.6 million and equity of € 535,802. Compared with financial year 2022, the result moved from € 51,507 to € 860. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2024.
€ 535,802
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 860
▼ 98% vs 2022
Profit after tax over the fiscal year.
€ 399,721
▲ € 376,957 vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 224,707.
People and assets in 2023
26.7
▲ 0.3 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 14% vs 2022
€ 53,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 445,033
▲ 139% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 1.6 million
▲ 16% vs 2022
€ 162,821 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 5.5 million
▲ 19% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 141 days on average.
€ 596,398
▲ 33% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 10,185,174 | € 15,298,550 | € 15,637,898 | ▲ 2% |
| Profit after taxes | € 238,448 | € 51,507 | € 860 | ▼ 98% |
| Equity | € 487,628 | € 537,039 | € 535,802 | |
| Total debts | € 3,748,390 | € 6,470,579 | € 7,702,203 | ▲ 19% |
| Cash | € 253,489 | € 22,764 | € 399,721 | ▲ € 376,957 |
| Retained profit | € 172,340 | € 223,847 | € 224,707 | |
| Bank debt | € 1,394,033 | € 1,389,465 | € 1,611,256 | ▲ 16% |
| Balance sheet total | € 4,238,698 | € 7,009,598 | € 8,239,286 | ▲ 18% |
| Employees (FTE) | 25.2 | 26.4 | 26.7 | ▲ 0.3 |
Key figures of RED LINE SERVICE, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to RED LINE SERVICE?
What happened at RED LINE SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
RED LINE SERVICE is active according to the CBE. Legal situation: Opening faillissement.
- Loupo BV stepped down as director. NBB
- WoWy BV stepped down as director. NBB
- Insero BV stepped down as director. NBB
- LDK CommV stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 860 (▼ 98% vs 2022). filed late Source: NBB ↗
- POMACO BV stepped down as director. NBB
- Loupo BV became a director. NBB
- WoWy BV became a director. NBB
In short
From € 238,448 profit in 2021 to € 860 profit in 2023.
Paid € 10,407 in corporate taxes since 2021.
Best year ever: 2021, with € 238,448 profit.
Pays suppliers within 141 days on average.
Management
The stake of TRANSPORT DE WOLF & BERRE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RED LINE SERVICEThe shares are held by TRANSPORT DE WOLF & BERRE (91.3%).
Directors
According to the 2023 annual accounts
Managing director · represented by Didier Potters
Also active at: Transport Bellekens, TRANSPORT DE WOLF & BERRE, Group 5216, L&D Logistics, RED LINE LOGISTIC SERVICES
since 2020 · until 2026
Director · represented by Jozef De Wolf
Also active at: Transport Bellekens, TRANSPORT DE WOLF & BERRE, Group 5216, L&D Logistics, RED LINE LOGISTIC SERVICES
since 2020 · until 2026
Director · represented by Alfons De Wolf
Also active at: Transport Bellekens, TRANSPORT DE WOLF & BERRE, L&D Logistics, RED LINE LOGISTIC SERVICES
since 2020 · until 2026
Director · represented by Pascal Potters
Also active at: Transport Bellekens, TRANSPORT DE WOLF & BERRE, Group 5216, RED LINE LOGISTIC SERVICES
since 2020 · until 2024
Director · represented by Luc De Koninck
Also active at: Transport Bellekens, TRANSPORT DE WOLF & BERRE, Group 5216, L&D Logistics, RED LINE LOGISTIC SERVICES
since 2020 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schietstandlaan 3
2300 Turnhout
Slachthuisstraat 19
2300 Turnhout
Active since 22 December 1995
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0456.567.122
- VAT number
- BE 0456.567.122
- Registered office
- Schietstandlaan 3, 2300 Turnhout
- Names & denominations
- RED LINE SERVICE · RLS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 1 December 1995
- Peppol
- Not registered
- Activities · NACE
Goederenvervoer over de weg
Expeditiekantoren
Overige vrachtbehandeling, exclusief in zeehavens
Logistieke diensten
Verhuur en lease van vrachtwagens
Verhuur van overige transportmiddelen voor vervoer te land
Overige vrachtbehandeling
Overige vervoerondersteunende activiteiten