RED LINE SERVICE
0456.567.122 · rovalta.com · 24/09/2026
OPENING OF BANKRUPTCY
RED LINE SERVICE
Financial year 2023 · closed on 31/12/2023
Net result
860,4 €
-98.3% YoY
Revenue
15,6 M €
+2.2% YoY
Equity
535,8 k €
-0.2% YoY
Workforce
26,7 ETP
+1.1% YoY
Company — Opening of bankruptcy.
Overview
What does RED LINE SERVICE do?
RED LINE SERVICE is a Public limited company incorporated in 1995. Its registered office is in Turnhout. It employs on average 26,7 ETP workers (FTE).
Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0456.567.122
Incorporation
01/12/1995
Legal form
Public limited company
Registered office
Schietstandlaan 3
2300 Turnhout · FlandreSee on map
2300 Turnhout · FlandreSee on map
Contributed capital
307 250,00 €
Latest accounts
31/12/2023
Average workforce
26,7 ETP
Joint committees (3)
- 140
- 14003
- 226
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 18 financial years
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Revenue | 15,6 M € | +2.2% | 15,3 M € | +50.2% | 10,2 M € | +51.3% | 6,7 M € | – | – | – | – | – | – | – | 4,2 M € | -17.8% | 5,1 M € | +47.1% | 3,5 M € | +117% | 1,6 M € | -34.6% | 2,4 M € | -19.8% | 3 M € | -8.1% | 3,3 M € | ||||||||
| EBITDA | 148,1 k € | +23.4% | 120 k € | -52.4% | 252,1 k € | +46.3% | 172,3 k € | +149% | -349,1 k € | -678% | 60,4 k € | +8.4% | 55,7 k € | -61.0% | 143 k € | -24.7% | 190 k € | +29.4% | 146,8 k € | +137% | 62,1 k € | -32.0% | 91,3 k € | -13.4% | 105,4 k € | -61.1% | 270,7 k € | +89.9% | 142,5 k € | -45.4% | 261 k € | -13.8% | 302,8 k € | -12.8% | 347,2 k € |
| Operating result | 21,8 k € | -51.0% | 44,4 k € | -78.8% | 210 k € | +36.5% | 153,9 k € | +142% | -368,2 k € | -975% | 42,1 k € | +108% | 20,3 k € | -80.3% | 102,8 k € | +418% | 19,8 k € | +46.7% | 13,5 k € | +139% | -34,9 k € | -50.5% | -23,2 k € | +80.8% | -120,8 k € | -342% | 49,9 k € | +158% | -86,1 k € | -304% | -21,3 k € | -222% | -6,6 k € | -108% | 87,7 k € |
| Net result | 860,4 € | -98.3% | 51,5 k € | -78.4% | 238,4 k € | +51.1% | 157,8 k € | +143% | -368,5 k € | -740% | 57,6 k € | +91.9% | 30 k € | -42.1% | 51,8 k € | +224% | 16 k € | +137% | -43,6 k € | -15.1% | -37,9 k € | -31.5% | -28,8 k € | +78.0% | -131,1 k € | -381% | 46,7 k € | +161% | -76,8 k € | -553% | 17 k € | -8.2% | 18,5 k € | -77.2% | 81,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 535,8 k € | -0.2% | 537 k € | +10.1% | 487,6 k € | +94.1% | 251,3 k € | +201% | 83,4 k € | -81.5% | 451,9 k € | -43.4% | 799 k € | +3.9% | 769 k € | +1045% | 67,2 k € | +31.3% | 51,2 k € | -46.0% | 94,8 k € | -28.6% | 132,7 k € | -17.8% | 161,5 k € | -44.8% | 292,6 k € | +19.0% | 245,9 k € | -23.8% | 322,7 k € | +5.5% | 305,8 k € | +6.4% | 287,3 k € |
| Total assets | 8,2 M € | +17.5% | 7 M € | +65.4% | 4,2 M € | +57.7% | 2,7 M € | +48.6% | 1,8 M € | +8.4% | 1,7 M € | -2.4% | 1,7 M € | -12.9% | 2 M € | -5.4% | 2,1 M € | +3.2% | 2 M € | +115% | 933,2 k € | +9.7% | 851,1 k € | -35.5% | 1,3 M € | +26.3% | 1 M € | +13.2% | 923,1 k € | -13.0% | 1,1 M € | -22.8% | 1,4 M € | +9.7% | 1,3 M € |
| Cash | 399,7 k € | +1656% | 22,8 k € | -91.0% | 253,5 k € | +799% | 28,2 k € | +584% | 4,1 k € | -97.3% | 153,9 k € | +101% | 76,6 k € | +43.9% | 53,2 k € | -56.9% | 123,4 k € | +5.7% | 116,7 k € | +32.4% | 88,2 k € | +14.2% | 77,2 k € | -37.9% | 124,4 k € | +237% | 36,9 k € | -11.1% | 41,5 k € | +68.7% | 24,6 k € | -72.5% | 89,6 k € | +4.8% | 85,4 k € |
| Debts | 7,7 M € | +19.3% | 6,5 M € | +73.7% | 3,7 M € | +54.9% | 2,4 M € | +40.4% | 1,7 M € | +40.4% | 1,2 M € | +38.9% | 875,2 k € | -12.6% | 1 M € | -50.0% | 2 M € | +2.2% | 2 M € | +134% | 838,4 k € | +16.7% | 718,4 k € | -38.0% | 1,2 M € | +53.9% | 752,7 k € | +11.2% | 677,1 k € | -8.3% | 738,3 k € | -30.9% | 1,1 M € | +13.3% | 943,3 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 26,7 ETP | +1.1% | 26,4 ETP | +4.8% | 25,2 ETP | +8.6% | 23,2 ETP | -12.1% | 26,4 ETP | -5.7% | 28,0 ETP | +4.9% | 26,7 ETP | -4.6% | 28,0 ETP | +11.6% | 25,1 ETP | +11.6% | 22,5 ETP | -1.7% | 22,9 ETP | -35.3% | 35,4 ETP | -15.1% | 41,7 ETP | +34.5% | 31,0 ETP | +63.2% | 19,0 ETP | -19.5% | 23,6 ETP | -19.5% | 29,3 ETP | -5.2% | 30,9 ETP |
Governance
Board of directors
Seen on filing of 31/12/2023 · 5 active · 29 ended
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Group 5216● Bankrupt | 0743.535.088 |
RED LINE LOGISTIC SERVICES● Bankrupt | 0882.576.076 |
Transport Bellekens● Bankrupt | 0406.501.561 |
Financials
Annual accounts
Full financial information
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 |
| Closing of the financial year | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 12/08/2024 | 06/10/2023 | 17/06/2022 | 09/07/2021 | 08/10/2020 | 19/07/2019 |
| General meeting | 12/07/2024 | 06/10/2023 | 07/06/2022 | 23/06/2021 | 08/09/2020 | 21/06/2019 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2023 | 12/07/2024 | 12/08/2024 | Dutch | |
| Full modelCorrection | 31/12/2022 | 06/10/2023 | 06/10/2023 | Dutch | |
| Full model | 31/12/2022 | 26/06/2023 | 27/06/2023 | Dutch | |
| Full model | 31/12/2021 | 07/06/2022 | 17/06/2022 | Dutch | |
| Full model | 31/12/2020 | 23/06/2021 | 09/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 08/09/2020 | 08/10/2020 | Dutch | |
| Abridged model | 31/12/2018 | 21/06/2019 | 19/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 23/07/2018 | 30/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 03/04/2017 | 07/04/2017 | Dutch | |
| Abridged model | 31/12/2015 | 31/03/2016 | 14/04/2016 | Dutch | |
| Abridged model | 31/12/2014 | 16/03/2015 | 07/04/2015 | Dutch | |
| Abridged model | 31/12/2013 | 10/06/2014 | 02/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 11/06/2013 | 14/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 12/06/2012 | 14/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 14/06/2011 | 24/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 08/06/2010 | 15/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 09/06/2009 | 02/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 10/06/2008 | 17/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 12/06/2007 | 21/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2023 · 5 active · 29 ended
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates10/06/2025MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates05/02/2025ONTSLAGEN - BENOEMINGEN
- Mandates21/06/2024ONTSLAGEN - BENOEMINGEN
- Other13/10/2023BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates28/09/2021ONTSLAGEN - BENOEMINGEN
- Mandates21/01/2021ONTSLAGEN - BENOEMINGEN
- Mandates26/03/2020ONTSLAGEN - BENOEMINGEN
- Registered office07/01/2019MAATSCHAPPELIJKE ZETEL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2023Annual accounts 2023860,4 €↓
- 2022Annual accounts 202251,5 k €↓
- 2021Annual accounts 2021238,4 k €↑
- 2020Annual accounts 2020157,8 k €↑
- 2019Annual accounts 2019-368,5 k €↓
- 2018Annual accounts 201857,6 k €↑
- 2017Annual accounts 201730 k €↓
- 2016Annual accounts 201651,8 k €↑
- 2015Annual accounts 201516 k €↑
- 2014Annual accounts 2014-43,6 k €↓
- 2013Annual accounts 2013-37,9 k €↓
- 2012Annual accounts 2012-28,8 k €↑
- 2011Annual accounts 2011-131,1 k €↓
- 2010Annual accounts 201046,7 k €↑
- 2009Annual accounts 2009-76,8 k €↓
- 2008Annual accounts 200817 k €↓
- 2007Annual accounts 200718,5 k €↓
- 2006Annual accounts 200681,2 k €
- 01/12/1995IncorporationPublic limited company