REDA Constructions
ActiveSummary
REDA Constructions has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €41k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+79
Solvency37▲+15
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 0.96 in 2024; short-term debt: 88.1% and cash: 7.9% of total assets), and 88.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-10-2025, 10 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
10 d early
2024
20 d early
2023
5 d early
2022
18 d late
2021
142 d early
2020
12 d late
2019
10 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k
2024 · €-14k
2019: €69k
2020: €73k▲ +7.0% vs 2019highest in 7 years
2021: €67k▼ -8.7% vs 2020
2022: €48k▼ -29.0% vs 2021
2023: €14k▼ -70.3% vs 2022
2024: €-14k▼ -202% vs 2023lowest in 7 years
2025: €27k▲ +288% vs 2024
2019 → 2025
Total assets
€228k▼ 58.2%
2024 · €546k
2019: €77k
2020: €83k▲ +7.7% vs 2019
2021: €67k▼ -19.2% vs 2020lowest in 7 years
2022: €539k▲ +703% vs 2021
2023: €521k▼ -3.3% vs 2022
2024: €546k▲ +4.8% vs 2023highest in 7 years
2025: €228k▼ -58.2% vs 2024
2019 → 2025
Net result
€41k
2024 · €-28k
2019: €12k
2020: €5k▼ -60.8% vs 2019
2021: €-6k▼ -233% vs 2020
2022: €-19k▼ -203% vs 2021
2023: €-33k▼ -72.3% vs 2022lowest in 7 years
2024: €-28k▲ +14.8% vs 2023
2025: €41k▲ +245% vs 2024highest in 7 years
2019 → 2025
Working capital
€19k
2024 · €-25k
2019: €69k
2020: €73k▲ +7.0% vs 2019highest in 7 years
2021: €67k▼ -8.7% vs 2020
2022: €40k▼ -40.6% vs 2021
2023: €57k▲ +43.9% vs 2022
2024: €-25k▼ -143% vs 2023lowest in 7 years
2025: €19k▲ +177% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€67k-€48k▼ 29.0%€14k▼ 70.3%€-14k€27k
2021: €67khighest in 5 years
2022: €48k▼ -29.0% vs 2021
2023: €14k▼ -70.3% vs 2022
2024: €-14k▼ -202% vs 2023lowest in 5 years
2025: €27k▲ +288% vs 2024
Operating result€-6k-€-19k▼ 214%€-26k▼ 37.8%€-6k▲ 78.0%€49k
2021: €-6k
2022: €-19k▼ -214% vs 2021
2023: €-26k▼ -37.8% vs 2022lowest in 5 years
2024: €-6k▲ +78.0% vs 2023
2025: €49k▲ +943% vs 2024highest in 5 years
Net result€-6k-€-19k▼ 203%€-33k▼ 72.3%€-28k▲ 14.8%€41k
2021: €-6k
2022: €-19k▼ -203% vs 2021
2023: €-33k▼ -72.3% vs 2022lowest in 5 years
2024: €-28k▲ +14.8% vs 2023
2025: €41k▲ +245% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €49k after a loss of €6k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228k
Fixed assets
€8k ▼ 18.6%
Current assets
€220k ▼ 58.9%
Equity and liabilities €228k
Equity
€27k
Debt
€201k
Debt finances 88.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€51k▲
2024 · €-4k
Cash flow
€43k▲
2024 · €-27k
Current ratio
1.09▲
2024 · 0.96
Quick ratio
0.10▲
2024 · 0.02
Debt to equity
7.44▲
2024 · -39.02
ROE
153.1%
ROA
18.1%▲
2024 · -5.2%
Interest coverage
6.90▲
2024 · -0.17
Debt ≤ 1 year
€201k▼
2024 · €561k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€546k€228k▼
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€10k€8k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€536k€220k▼
Stocks and contracts in progress3€526k€201k▼
Stocks30/36€526k€201k▼
Amounts receivable within one year40/41€2k€203▼
Trade receivables40-€203
Other amounts receivable41€2k-
Cash at bank and in hand54/58€7k€18k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€546k€228k▼
Equity10/15€-14k€27k▲
Contributions10/11€20k€20k=
Outside capital11€20k-
Other1109/19€20k-
Profit (loss) carried forward14€-35k€7k▲
Amounts payable17/49€561k€201k▼
Amounts payable within one year42/48€561k€201k▼
Financial debts43€356k-
Credit institutions430/8€356k-
Trade debts44€489€533▲
Suppliers440/4€489€533▲
Taxes, remuneration and social security45-€235
Taxes450/3-€235
Other amounts payable47/48€204k€201k▼
Income statement
Code20242025
Non-recurring operating income76A-€50k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A-€687
Gross operating margin9900€-3k€53k▲
Operating profit (loss)9901€-6k€49k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€23k€7k▼
Recurring financial charges65€23k€7k▼
Profit (loss) for the period before taxes9903€-28k€41k▲
Profit (loss) for the period9904€-28k€41k▲
Profit (loss) for the period to be appropriated9905€-28k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€7k▲
Profit (loss) brought forward from the previous period14P€-6k€-35k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €50k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €327 | €2k | €2k | €2k | ▼ 0.3% |
| Other operating charges640/8 | - | €560 | €14k | €1k | €2k | ▲ 34.1% |
| Non-recurring operating charges66A | - | - | - | - | €687 | - |
| Gross operating margin9900 | €-6k | €-18k | €-10k | €-3k | €53k | ▲ 2,042% |
| Operating profit (loss)9901 | €-6k | €-19k | €-26k | €-6k | €49k | ▲ 943% |
| Financial income75/76B | - | - | €98 | €0 | €1 | ▲ 400% |
| Recurring financial income75 | - | - | €98 | €0 | €1 | ▲ 400% |
| Financial charges65/66B | - | €333 | €7k | €23k | €7k | ▼ 67.6% |
| Recurring financial charges65 | €38 | €333 | €7k | €23k | €7k | ▼ 67.6% |
| Profit (loss) for the period before taxes9903 | €-6k | €-19k | €-33k | €-28k | €41k | ▲ 245% |
| Income taxes67/77 | €293 | - | - | - | - | - |
| Profit (loss) for the period9904 | €-6k | €-19k | €-33k | €-28k | €41k | ▲ 245% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €-19k | €-33k | €-28k | €41k | ▲ 245% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67k | €539k | €521k | €546k | €228k | ▼ 58.2% |
| Fixed assets21/28 | - | €8k | €10k | €10k | €8k | ▼ 18.6% |
| Tangible fixed assets22/27 | - | €8k | €10k | €10k | €8k | ▼ 18.6% |
| Plant, machinery and equipment23 | - | €8k | €7k | €7k | €6k | ▼ 21.0% |
| Furniture and vehicles24 | - | - | €3k | €3k | €2k | ▼ 12.1% |
| Current assets29/58 | €67k | €532k | €511k | €536k | €220k | ▼ 58.9% |
| Stocks and contracts in progress3 | - | €502k | €504k | €526k | €201k | ▼ 61.9% |
| Stocks30/36 | - | €502k | €504k | €526k | €201k | ▼ 61.9% |
| Amounts receivable within one year40/41 | - | €17k | €2k | €2k | €203 | ▼ 89.6% |
| Trade receivables40 | - | - | - | - | €203 | - |
| Other amounts receivable41 | - | €17k | €2k | €2k | - | - |
| Cash at bank and in hand54/58 | €67k | €11k | €3k | €7k | €18k | ▲ 162% |
| Deferred charges and accrued income490/1 | - | €1k | €2k | €1k | €1k | ▲ 8.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67k | €539k | €521k | €546k | €228k | ▼ 58.2% |
| Equity10/15 | €67k | €48k | €14k | €-14k | €27k | ▲ 288% |
| Contributions10/11 | €19k | €20k | €20k | €20k | €20k | = |
| Outside capital11 | - | - | - | €20k | - | - |
| Other1109/19 | - | - | - | €20k | - | - |
| Reserves13 | €2k | - | - | - | - | - |
| Profit (loss) carried forward14 | €46k | €27k | €-6k | €-35k | €7k | ▲ 119% |
| Amounts payable17/49 | €228 | €492k | €507k | €561k | €201k | ▼ 64.1% |
| Amounts payable after more than one year17 | - | - | €53k | - | - | - |
| Financial debts170/4 | - | - | €53k | - | - | - |
| Amounts payable within one year42/48 | €228 | €492k | €454k | €561k | €201k | ▼ 64.1% |
| Financial debts43 | - | €306k | €306k | €356k | - | - |
| Credit institutions430/8 | - | €306k | €306k | €356k | - | - |
| Trade debts44 | - | €58k | - | €489 | €533 | ▲ 9.1% |
| Suppliers440/4 | - | €58k | - | €489 | €533 | ▲ 9.1% |
| Taxes, remuneration and social security45 | - | - | - | - | €235 | - |
| Taxes450/3 | - | - | - | - | €235 | - |
| Other amounts payable47/48 | - | €127k | €148k | €204k | €201k | ▼ 1.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €-19k | €-33k | €-28k | €41k | ▲ 245% |
| + Depreciation and write-downs630 | - | €327 | €2k | €2k | €2k | ▼ 0.3% |
| Operating cash flow (approximation) | €-6k | €-19k | €-32k | €-27k | €43k | ▲ 263% |
| Investment in fixed assets (approximation) | - | - | €-4k | €-2k | €0 | ▲ 100% |
| Change in cash | - | €-56k | €-8k | €4k | €11k | ▲ 208% |
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
2025
21-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €41k
Net result €41k after 4 loss-making years.
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
2022
18-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Liquidity times 35current ratio 294.10
Current ratio from 8.46 to 294.10; short-term debt falls from €10k to €228.
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2019
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
07-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Alken · 1 establishment unit since 2017
Ground area
1,297 m²
Building footprint
144 m²
Volume, LiDAR
743 m³
Parcel 73001I0109/00R000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
St. Jorisstraat 25, 3570 Alken
since 20172.262.882.019
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73001I0109/00R000 | Flanders | 1,297 m² | 1 · 144 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,412 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
Founded15-03-2017
Fiscal year end31-03
Activities, NACEBEL 2025
68121Development of residential building projects
25110Manufacture of metal structures and parts of structures
25530Machining of metals
29202Manufacture of motor vehicles, trailers and semi-trailers
41001General construction of residential buildings
46841Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.