ERIKA REDEL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.44M and a net result of €287k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 89% of 5521 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
133 d early
2023
33 d early
2022
38 d early
2021
38 d early
2020
33 d early
2019
56 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.44M▲ 5.0%
2024 · €1.37M
2018: €895k
2019: €992k
2020: €1.18M
2021: €1.17M
2022: €1.37M
2023: €1.42M
2024: €1.37M
2018 → 2025
Net result
€287k▲ 113%
2024 · €135k
2018: €185k
2019: €222k
2020: €183k
2021: €270k
2022: €307k
2023: €203k
2024: €135k
2018 → 2025
Total assets
€1.53M▲ 8.3%
2024 · €1.41M
2018: €945k
2019: €1.18M
2020: €1.28M
2021: €1.26M
2022: €1.45M
2023: €1.62M
2024: €1.41M
2018 → 2025
Solvency
94.3%▼ 2.9pp
2024 · 97.2%
2018: 94.7%
2019: 84.0%
2020: 91.8%
2021: 92.8%
2022: 94.3%
2023: 87.7%
2024: 97.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.17M-€1.37M▲ 17.6%€1.42M▲ 3.6%€1.37M▼ 3.5%€1.44M▲ 5.0%
Operating result€370k-€445k▲ 20.1%€265k▼ 40.5%€174k▼ 34.5%€402k▲ 132%
Net result€270k-€307k▲ 14.0%€203k▼ 34.0%€135k▼ 33.4%€287k▲ 113%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 132% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.53M
Fixed assets
€23k▼ 28.1%
Current assets
€1.50M▲ 9.1%
Equity and liabilities €1.53M
Equity
€1.44M▲ 5.0%
Debt
€87k▲ 121%
The debt ratio rises from 2.8% to 5.7%. Equity and debt are higher.
Key figures and ratios
Solvency
94.3%▼
2024 · 97.2%
ROE
20.0%▲
2024 · 9.9%
ROA
18.8%▲
2024 · 9.6%
Debt
€87k▲
2024 · €39k
Debt ≤ 1 year
€87k▲
2024 · €39k
Income taxes
€151k▲
2024 · €62k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.41M€1.53M▲
Fixed assets21/28€32k€23k▼
Tangible fixed assets22/27€22k€13k▼
Furniture and vehicles24€22k€13k▼
Financial fixed assets28€10k€10k=
Current assets29/58€1.38M€1.50M▲
Amounts receivable within one year40/41€164k€50k▼
Trade receivables40€45k-
Other amounts receivable41€119k€50k▼
Current investments50/53€884k€1.19M▲
Cash at bank and in hand54/58€324k€245k▼
Deferred charges and accrued income490/1€4k€14k▲
Equity and liabilities
Total equity and liabilities10/49€1.41M€1.53M▲
Equity10/15€1.37M€1.44M▲
Contributions10/11€20k€20k=
Reserves13€1.35M€1.42M▲
Tax-exempt reserves132€4k€4k=
Distributable reserves133€1.35M€1.41M▲
Amounts payable17/49€39k€87k▲
Amounts payable within one year42/48€39k€87k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€38k€82k▲
Taxes450/3€36k€82k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3-€133
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€18k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€192k€422k▲
Operating profit (loss)9901€174k€402k▲
Financial income75/76B€25k€35k▲
Recurring financial income75€25k€35k▲
Financial charges65/66B€1k€65▼
Recurring financial charges65€1k€65▼
Profit (loss) for the period before taxes9903€197k€438k▲
Income taxes67/77€62k€151k▲
Profit (loss) for the period9904€135k€287k▲
Profit (loss) for the period to be appropriated9905€135k€287k▲
Appropriation of the result
Profit (loss) to be appropriated9906€135k€287k▲
Transfer from equity791/2€185k€218k▲
Transfer to equity691/2€135k€287k▲
To other reserves6921€135k€287k▲
Profit to be distributed694/7€185k€218k▲
Return on contributions (dividend)694€185k€218k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €135k ▼33.4%
Net result drops to €135k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 34.98
Current ratio from 7.93 to 34.98; short-term debt falls from €198k to €39k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €307k ▲14%
Operating result €445k, net result €307k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity doublescurrent ratio 11.54
Current ratio from 5.75 to 11.54; short-term debt falls from €189k to €105k.
31-12
Financial
Equity above €1MEq €1.18M ▲18.5%
3 profitable years in a row build equity to €1.18M.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lievegem · 2 establishment units since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grote Baan 2229920 LievegemGround area
4,974 m²
Building footprint
667 m²
Volume, LiDAR
1,477 m³
2 parcels, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Erika Redel
since 20082.220.642.477
Keuzekouter 42, 9031 Gent
since 20232.346.538.678
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017C1265/02Z002 | Flanders | 2,818 m² | 1 · 281 m² | 10.5 m · 2 fl. |
| 44452B0990/00K000 | Flanders | 2,156 m² | 1 · 385 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
875500R18OIZ39S54I28
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,760. 11,867 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2008
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68204Real estate activities
69102Activities of notaries
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.