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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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
RED LINE LOGISTIC SERVICES from Turnhout, company number BE0882576076, closed financial year 2023 with a result of € 38,726 after tax. For that financial year RED LINE LOGISTIC SERVICES recorded revenue of € 5.8 million and equity of € 305,105. Compared with financial year 2022, the result moved from € 23,809 to € 38,726. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2024.
€ 305,105
▲ 15% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 38,726
▲ 63% vs 2022
Profit after tax over the fiscal year.
€ 32,397
▼ 42% 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 € 60,105.
People and assets in 2023
18.6
▲ 3.7 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 49% vs 2022
€ 57,200 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.
€ 71,191
▲ 5% vs 2022
Of which on lease € 3,694.
Debts at end 2023
€ 826,595
▲ 55% vs 2022
€ 46,393 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.6 million
▲ 81% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 133 days on average.
€ 659,001
▲ 86% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 2,463,238 | € 3,981,198 | € 5,805,173 | ▲ 46% |
| Profit after taxes | € 2,817 | € 23,809 | € 38,726 | ▲ 63% |
| Equity | € -392,431 | € 266,379 | € 305,105 | ▲ 15% |
| Total debts | € 1,428,108 | € 1,842,589 | € 3,174,047 | ▲ 72% |
| Cash | € 35,775 | € 55,508 | € 32,397 | ▼ 42% |
| Land & buildings | € 42,577 | € 40,227 | € 37,876 | ▼ 6% |
| Retained profit | € -1,128,931 | € 21,379 | € 60,105 | ▲ 181% |
| Bank debt | € 26,005 | € 531,839 | € 826,595 | ▲ 55% |
| Balance sheet total | € 1,035,678 | € 2,108,968 | € 3,479,152 | ▲ 65% |
| Employees (FTE) | 11.6 | 14.9 | 18.6 | ▲ 3.7 |
Key figures of RED LINE LOGISTIC SERVICES, 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 LOGISTIC SERVICES?
What happened at RED LINE LOGISTIC SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
RED LINE LOGISTIC SERVICES 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 € 38,726 (▲ 63% vs 2022). filed late Source: NBB ↗
- POMACO BV stepped down as director. NBB
- New establishment in Turnhout. KBO
- Loupo BV became a director. NBB
In short
From € 2,817 profit in 2021 to € 38,726 profit in 2023.
Paid € 460 in corporate taxes since 2021.
Best year ever: 2023, with € 38,726 profit.
Pays suppliers within 133 days on average.
Management
The stake of TRANSPORT DE WOLF & BERRE, Group 5216 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RED LINE LOGISTIC SERVICESThe shares are held by TRANSPORT DE WOLF & BERRE (77.7%) and Group 5216 (22.3%).
Directors
According to the 2023 annual accounts
Managing director · represented by Didier Potters
Also active at: Transport Bellekens, TRANSPORT DE WOLF & BERRE, RLS, Group 5216, L&D Logistics
since 2020 · until 2026
Director · represented by Jozef De Wolf
Also active at: Transport Bellekens, TRANSPORT DE WOLF & BERRE, RLS, Group 5216, L&D Logistics
since 2020 · until 2026
Managing director · represented by Alfons De Wolf
Also active at: Transport Bellekens, TRANSPORT DE WOLF & BERRE, RLS, L&D Logistics
since 2020 · until 2026
Director · represented by Pascal Potters
Also active at: Transport Bellekens, TRANSPORT DE WOLF & BERRE, RLS, Group 5216
since 2020 · until 2024
Director · represented by Luc De Koninck
Also active at: Transport Bellekens, TRANSPORT DE WOLF & BERRE, RLS, Group 5216, L&D Logistics
since 2020 · until 2026
Shareholders
22.3%
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 14 July 2006
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
- 0882.576.076
- VAT number
- BE 0882.576.076
- Registered office
- Schietstandlaan 3, 2300 Turnhout
- Names & denominations
- RED LINE LOGISTIC SERVICES · RLLS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 17 July 2006
- Peppol
- Not registered
- Activities · NACE
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