ACTIVE

RED LINE

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Financial year 2025 · closed on 31/12/2025
Net result
-239,7 €
-102.8% YoY
Gross margin
10,5 k €
-68.9% YoY
Equity
60,9 k €
-0.4% YoY

What does RED LINE do?

RED LINE is a Private limited company incorporated in 2013. Its main activity is: Joinery installation. Its registered office is in Kapellen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0534.710.124
Incorporation
23/05/2013
Legal form
Private limited company
Registered office
Bloemenlaan 49
2950 Kapellen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
43320Joinery installation· main43320Joinery installation
Signals
Solid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin10,5 k €33,9 k €23,5 k €26,4 k €70 k €13,4 k €48,6 k €22,9 k €43,3 k €38,3 k €45,2 k €66,4 k €
EBITDA8,5 k €32,3 k €21,7 k €24,9 k €68,5 k €12 k €43,3 k €16,4 k €40,1 k €37,2 k €45 k €66,1 k €
Operating result-2,6 k €12,9 k €-3,6 k €-1,2 k €44,3 k €-8,3 k €21 k €-6,9 k €10,4 k €5,3 k €22,5 k €30 k €
Net result-239,7 €8,6 k €-12,8 k €-5,8 k €39,2 k €-12 k €11,9 k €-15,2 k €7,4 k €1,2 k €10,1 k €21,3 k €
Balance sheet
Equity60,9 k €61,2 k €52,6 k €65,4 k €71,3 k €32,1 k €44 k €32,2 k €47,4 k €40 k €38,1 k €27,9 k €
Total assets143,7 k €180,4 k €182,3 k €204,5 k €224,7 k €231,8 k €245,2 k €230 k €254,4 k €271,2 k €292 k €304,9 k €
Cash–––10,7 k €11,5 k €–––2,2 k €–4,8 k €3,1 k €
Debts82,8 k €119,2 k €129,7 k €139,1 k €153,4 k €199,8 k €201,1 k €197,8 k €207 k €231,2 k €253,9 k €276,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Ken Van De Ven

Mandate

Active
Seppe Kortleven

Mandate

Active

Ended mandates

Ken Van de Van

Manager · since 05 juin 2013

Ended
Sepke Kortleven

Manager · since 05 juin 2013

Ended
Ken Van de Ven

Manager

Ended
Seppe Kortleven

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/08/202626/09/202514/02/202530/09/202323/08/202210/09/2021
General meeting26/06/202620/06/202521/06/202428/06/202317/06/202229/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202618/08/2026DutchPDF
Micro model31/12/202420/06/202526/09/2025DutchPDF
Micro model31/12/202321/06/202414/02/2025DutchPDF
Micro model31/12/202228/06/202330/09/2023DutchPDF
Abridged model31/12/202117/06/202223/08/2022DutchPDF
Abridged model31/12/202029/06/202110/09/2021DutchPDF
Abridged model31/12/201919/06/202009/09/2020DutchPDF
Abridged model31/12/201821/06/201906/09/2019DutchPDF
Abridged model31/12/201729/06/201826/08/2018DutchPDF
Abridged model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201530/06/201626/07/2016DutchPDF
Abridged model31/12/201430/06/201527/08/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Ken Van De Ven

Mandate

Active
Seppe Kortleven

Mandate

Active

Ended mandates

Ken Van de Van

Manager · since 05 juin 2013

Ended
Sepke Kortleven

Manager · since 05 juin 2013

Ended
Ken Van de Ven

Manager

Ended
Seppe Kortleven

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/10/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-239,7 €↓
  2. 2024
    Annual accounts 20248,6 k €↑
  3. 2023
    Annual accounts 2023-12,8 k €↓
  4. 2022
    Annual accounts 2022-5,8 k €↓
  5. 2021
    Annual accounts 202139,2 k €↑
  6. 2020
    Annual accounts 2020-12 k €↓
  7. 2019
    Annual accounts 201911,9 k €↑
  8. 2018
    Annual accounts 2018-15,2 k €↓
  9. 2017
    Annual accounts 20177,4 k €↑
  10. 2016
    Annual accounts 20161,2 k €↓
  11. 2015
    Annual accounts 201510,1 k €↓
  12. 2014
    Annual accounts 201421,3 k €
  13. 23/05/2013
    IncorporationPrivate limited company