Indesit WIL113 red light flashing like mad and 2 green lights?

Hi

I have a red light flashing very fast...
Easy iron and extra rinse flashing alot slower....
The machine runs but fills and empty with water until the machine shuts down.....

Turn the machine on and off and it starts all over again....

The machine was working fine until the drum stopped spinning, i found the belt had come off...after refitting it...the problem detailed above happened....
Any assistance would be greatful...