re6red
ActiveSummary
The computed 12-month bankruptcy probability of re6red is 1.8% (moderate). The 2025 annual accounts show equity of €26,934 and a net result of €16,089. Equity is growing by ~56.4% per year across the filed fiscal years. Its solvency ranks better than 51% of 177 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+10
Solvency61▲+1
Growth78=
Track record84
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 0.66 in 2024; short-term debt: 64.4% and cash: 12.7% of total assets), and 64.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-02-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
25 d late
2024
3 d late
2023
on the day
2022
253 d late
2021
122 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 3 February (4 of the last 5 filed years within 125 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€90,812
EBIT margin
0.4%
Net result
€16,089▲ 297%
2024 · €4,052
Working capital
€7,007
2024 · -€6,800
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€90,812
Operating result-€1,642-€337€3,072▲ 812%€5,180▲ 68.6%€21,068▲ 307%
Net result-€1,663within the sector's middle half-€284within the sector's middle half€3,172within the sector's middle half▲ 1,018%€4,052within the sector's middle half▲ 27.7%€16,089within the sector's middle half▲ 297%
EBIT margin0.4%
Equity€3,337below the sector's middle half-€3,621below the sector's middle half▲ 8.5%€6,793below the sector's middle half▲ 87.6%€10,845within the sector's middle half▲ 59.6%€26,934within the sector's middle half▲ 148%
Total assets€13,337below the sector's middle half-€17,730below the sector's middle half▲ 32.9%€34,377below the sector's middle half▲ 93.9%€30,782below the sector's middle half▼ 10.5%€75,738below the sector's middle half▲ 146%
Debt€10,000-€14,109▲ 41.1%€27,584▲ 95.5%€19,937▼ 27.7%€48,803▲ 145%
Working capital-€7,623within the sector's middle half-€1,487within the sector's middle half▲ 80.5%-€6,800within the sector's middle half▼ 357%€7,007within the sector's middle half
Solvency25.0%within the sector's middle half-20.4%within the sector's middle half▼ 4.6pp19.8%within the sector's middle half▼ 0.7pp35.2%within the sector's middle half▲ 15.5pp35.6%within the sector's middle half▲ 0.3pp
Current ratio0.46below the sector's middle half0.94within the sector's middle half▲ 0.480.66within the sector's middle half▼ 0.291.14within the sector's middle half▲ 0.48
Return on assets (ROA)-12.5%below the sector's middle half-1.6%within the sector's middle half▲ 14.1pp9.2%within the sector's middle half▲ 7.6pp13.2%above the sector's middle half▲ 3.9pp21.2%above the sector's middle half▲ 8.1pp
above
within
below
the middle half (P25 to P75) of NACE 38, Waste collection, recovery and disposal activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 307% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74,374
Fixed assets
€18,564 ▲ 14.0%
Current assets
€55,811 ▲ 325%
Equity and liabilities €75,738
Equity
€26,934 ▲ 148%
Debt
€48,803 ▲ 145%
Debt's share of the balance-sheet total falls from 64.8% to 64.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31,988▲
2024 · €10,154
Cash flow
€27,009▲
2024 · €9,026
Debt to equity
1.81▼
2024 · 1.84
ROE
59.7%▲
2024 · 37.4%
Interest coverage
316.77▲
2024 · 84.14
Debt ≤ 1 year
€48,803▲
2024 · €19,937
Income taxes
€5,680▲
2024 · €1,013
Staff costs
€1,204▼
2024 · €2,003
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €90,812 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €88,956 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €2,003 | €1,204 | ▼ 39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,519 | €3,226 | €4,974 | €10,920 | ▲ 120% |
| Other operating charges640/8 | - | - | €260 | €149 | €1,167 | ▲ 684% |
| Non-recurring operating charges66A | - | - | - | - | €1,885 | - |
| Gross operating margin9900 | -€1,642 | €1,856 | €6,557 | €12,305 | €36,244 | ▲ 195% |
| Operating profit (loss)9901 | -€1,642 | €337 | €3,072 | €5,180 | €21,068 | ▲ 307% |
| Financial income75/76B | - | €0 | - | €6 | €802 | ▲ 13,031% |
| Recurring financial income75 | - | €0 | - | €6 | €802 | ▲ 13,031% |
| Financial charges65/66B | - | €53 | -€611 | €121 | €101 | ▼ 16.3% |
| Recurring financial charges65 | €21 | €53 | -€611 | €121 | €101 | ▼ 16.3% |
| Profit (loss) for the period before taxes9903 | -€1,663 | €284 | €3,683 | €5,065 | €21,769 | ▲ 330% |
| Income taxes67/77 | - | - | €511 | €1,013 | €5,680 | ▲ 461% |
| Profit (loss) for the period9904 | -€1,663 | €284 | €3,172 | €4,052 | €16,089 | ▲ 297% |
| Profit (loss) for the period to be appropriated9905 | -€1,663 | €284 | €3,172 | €4,052 | €16,089 | ▲ 297% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,337 | €17,730 | €34,377 | €30,782 | €75,738 | ▲ 146% |
| Formation expenses20 | - | €1,363 | €1,363 | €1,363 | €1,363 | = |
| Fixed assets21/28 | €6,000 | €9,881 | €7,755 | €16,281 | €18,564 | ▲ 14.0% |
| Tangible fixed assets22/27 | - | €9,881 | €7,755 | €16,281 | €18,564 | ▲ 14.0% |
| Furniture and vehicles24 | - | €6,881 | €5,055 | €13,881 | €16,164 | ▲ 16.4% |
| Other tangible fixed assets26 | - | €3,000 | €2,700 | €2,400 | €2,400 | = |
| Financial fixed assets28 | €6,000 | - | - | - | - | - |
| Current assets29/58 | €7,337 | €6,485 | €25,258 | €13,138 | €55,811 | ▲ 325% |
| Amounts receivable within one year40/41 | €194 | €5,421 | €16,115 | €6,152 | €46,102 | ▲ 649% |
| Trade receivables40 | - | €3,300 | €15,166 | €921 | €24,193 | ▲ 2,526% |
| Other amounts receivable41 | - | €2,121 | €949 | €5,230 | €21,910 | ▲ 319% |
| Cash at bank and in hand54/58 | €7,143 | €1,064 | €9,081 | €5,091 | €9,646 | ▲ 89.5% |
| Deferred charges and accrued income490/1 | - | - | €62 | €1,895 | €62 | ▼ 96.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,337 | €17,730 | €34,377 | €30,782 | €75,738 | ▲ 146% |
| Equity10/15 | €3,337 | €3,621 | €6,793 | €10,845 | €26,934 | ▲ 148% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€1,663 | -€1,379 | €1,793 | €5,845 | €21,934 | ▲ 275% |
| Amounts payable17/49 | €10,000 | €14,109 | €27,584 | €19,937 | €48,803 | ▲ 145% |
| Amounts payable after more than one year17 | €10,000 | - | - | - | - | - |
| Amounts payable within one year42/48 | - | €14,109 | €26,745 | €19,937 | €48,803 | ▲ 145% |
| Trade debts44 | - | €13,039 | €25,227 | €17,534 | €41,214 | ▲ 135% |
| Suppliers440/4 | - | €13,039 | €25,227 | €17,534 | €41,214 | ▲ 135% |
| Taxes, remuneration and social security45 | - | - | €448 | €1,461 | €6,647 | ▲ 355% |
| Taxes450/3 | - | - | €448 | €1,461 | €6,647 | ▲ 355% |
| Other amounts payable47/48 | - | €1,070 | €1,070 | €942 | €942 | = |
| Accrued charges and deferred income492/3 | - | - | €839 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,663 | €284 | €3,172 | €4,052 | €16,089 | ▲ 297% |
| + Depreciation and write-downs630 | - | €1,519 | €3,226 | €4,974 | €10,920 | ▲ 120% |
| Operating cash flow (approximation) | -€1,663 | €1,803 | €6,398 | €9,026 | €27,009 | ▲ 199% |
| Investment in fixed assets (approximation) | - | -€5,400 | -€1,100 | -€13,500 | -€13,202 | ▲ 2.2% |
| Change in cash | - | -€6,079 | €8,017 | -€3,991 | €4,556 | ▲ 214% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
30-06
Financial
Highest result since 2021net €16,089 ▲297%
Operating result €21,068, net result €16,089, both a record.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
02-08
KBO administration
Address strikeout annulled
12-04
KBO administration
Address struck
event 14-02-2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 253 days late
2022
30-06
Financial
Back to profitnet €284
Net result €284 after one loss-making year.
2021
01-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Herstal · 1 establishment unit since 2020
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.
Parc Ind. des Hauts Sarts, 4e av 114040 Herstal1 establishment unit
re6red
since 20202.305.834.312
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Of 978 companies in sector 38210 we hold annual accounts for 587. 179 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-08-2020
Fiscal year end30-06
Activities, NACEBEL 2025
38210Materials recovery from waste
Contact
E-mail
info@re6red.be
E-mail
gregory@re6red.beHerstal
Phone
0499811985Herstal
E-invoicing
Reachable via Peppol
Peppol ID
0208:0751832746
Also
9925:BE0751832746
Registered
08-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.