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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
RED COMPANY from Schaarbeek, company number BE0785651302, closed financial year 2024 with a result of € -87,651 after tax. For that financial year RED COMPANY recorded a gross margin of € -3,091 and equity of € -101,607. Compared with financial year 2023, the result moved from € -7,898 to € -87,651. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ -101,607
▼ € 87,651 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -87,651
▼ 1010 % more loss than in 2023
Profit after tax over the fiscal year.
€ 1,789
▲ € 1,534 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -102,607.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 73,712
▲ € 70,708 vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,322
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 9,782
Loans from banks and other lenders, long and short.
€ 49,204
▲ € 48,076 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 25,093
▲ € 24,241 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -417 | € -4,895 | € -3,091 | ▲ € 1,804 |
| Profit after taxes | € -7,058 | € -7,898 | € -87,651 | ▼ € 79,753 |
| Equity | € -6,058 | € -13,956 | € -101,607 | ▼ € 87,651 |
| Total debts | € 8,012 | € 20,460 | € 123,940 | ▲ € 103,480 |
| Cash | € 1,954 | € 255 | € 1,789 | ▲ € 1,534 |
| Retained profit | € -7,058 | € -14,956 | € -102,607 | ▼ € 87,651 |
| Bank debt | € 0 | € 0 | € 9,782 | |
| Balance sheet total | € 1,954 | € 6,504 | € 22,333 | ▲ 243% |
Key figures of RED COMPANY, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to RED COMPANY?
What happened at RED COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
RED COMPANY is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 87,651. filed late Source: NBB ↗
- New establishment in Schaarbeek. KBO
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,058 loss in 2022 to € 87,651 loss in 2024.
Paid € 350 in corporate taxes since 2022.
A new publication or filing at RED COMPANY? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Erkan Aydogan
Administrateur
Establishments
Establishment units
Physical locations of this company
de Beughemstraat 22
1030 Schaarbeek
Haachtsesteenweg 91
1030 Schaarbeek
Active since 17 November 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0785.651.302
- VAT number
- BE 0785.651.302
- Registered office
- de Beughemstraat 22, 1030 Schaarbeek
- Names & denominations
- RED COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 3 May 2022
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
Cafés en bars