REDA SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of REDA SERVICES is 3.7% (moderate). The 2025 annual accounts show equity of €31,163 and a net result of €6,447. Equity is growing by ~56.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 28184 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-23
Solvency59▼-9
Growth78=
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.5 in 2024; short-term debt: 49.2% and cash: 2.2% of total assets), but 66.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.6%
Return on assets
7%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
3 d early
2024
2 d early
2023
50 d late
2022
47 d early
2021
23 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 5 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, micro schema
Equity
€31,163▲ 26.1%
2024 · €24,717
Total assets
€92,729▲ 61.0%
2024 · €57,609
Net result
€6,447▼ 75.8%
2024 · €26,589
Working capital
€25,533▲ 55.8%
2024 · €16,383
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Operating result-€229-€1,846€12,760▲ 591%€30,848▲ 142%€10,207▼ 66.9%
Net result€226below the sector's middle half-€407below the sector's middle half▲ 80.1%€10,994within the sector's middle half▲ 2,601%€26,589within the sector's middle half▲ 142%€6,447within the sector's middle half▼ 75.8%
Equity€2,726below the sector's middle half-€3,134below the sector's middle half▲ 15.0%€14,127below the sector's middle half▲ 351%€24,717within the sector's middle half▲ 75.0%€31,163within the sector's middle half▲ 26.1%
Total assets€27,901below the sector's middle half-€3,940below the sector's middle half▼ 85.9%€38,018below the sector's middle half▲ 865%€57,609below the sector's middle half▲ 51.5%€92,729within the sector's middle half▲ 61.0%
Debt€25,175-€806▼ 96.8%€23,890▲ 2,864%€32,892▲ 37.7%€61,566▲ 87.2%
Working capital€2,076-€3,846▲ 85.3%-€2,539€16,383€25,533▲ 55.8%
Solvency9.8%below the sector's middle half-37.2%within the sector's middle half42.9%within the sector's middle half▲ 5.7pp33.6%within the sector's middle half▼ 9.3pp
Staff (FTE)1.6
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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 falls in 2025; 2025 is 67% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92,729
Fixed assets
€21,613 ▲ 159%
Current assets
€71,116 ▲ 44.3%
Equity and liabilities €92,729
Equity
€31,163 ▲ 26.1%
Debt
€61,566 ▲ 87.2%
Debt's share of the balance-sheet total rises from 57.1% to 66.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29,347▼
2024 · €39,181
Cash flow
€25,586▼
2024 · €34,922
Current ratio
1.56▲
2024 · 1.50
Debt to equity
1.98▲
2024 · 1.33
ROE
20.7%▼
2024 · 107.6%
ROA
7.0%▼
2024 · 46.2%
Interest coverage
34.12▼
2024 · 132.54
Debt ≤ 1 year
€45,583▲
2024 · €32,892
Debt > 1 year
€15,983
Income taxes
€4,017▲
2024 · €4,004
Staff costs
€30,139▲
2024 · €7,887
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% 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
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 26,964 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €774 | €7,887 | €30,139 | ▲ 282% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,468 | - | €8,333 | €8,333 | €19,140 | ▲ 130% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €4,100 | - |
| Other operating charges640/8 | €405 | €1,121 | €2,020 | €2,108 | €4,845 | ▲ 130% |
| Gross operating margin9900 | €1,644 | €2,967 | €23,889 | €49,176 | €68,431 | ▲ 39.2% |
| Operating profit (loss)9901 | -€229 | €1,846 | €12,760 | €30,848 | €10,207 | ▼ 66.9% |
| Financial income75/76B | €602 | - | €0 | €41 | €1,117 | ▲ 2,637% |
| Recurring financial income75 | €2 | - | €0 | €41 | €0 | ▼ 100.0% |
| Non-recurring financial income76B | €600 | - | - | - | €1,117 | - |
| Financial charges65/66B | €147 | €1,034 | €1,052 | €296 | €860 | ▲ 191% |
| Recurring financial charges65 | €147 | €234 | €282 | €296 | €860 | ▲ 191% |
| Non-recurring financial charges66B | - | €800 | €770 | - | - | - |
| Profit (loss) for the period before taxes9903 | €226 | €812 | €11,709 | €30,593 | €10,464 | ▼ 65.8% |
| Income taxes67/77 | - | €405 | €715 | €4,004 | €4,017 | ▲ 0.3% |
| Profit (loss) for the period9904 | €226 | €407 | €10,994 | €26,589 | €6,447 | ▼ 75.8% |
| Profit (loss) for the period to be appropriated9905 | €226 | €407 | €10,994 | €26,589 | €6,447 | ▼ 75.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,901 | €3,940 | €38,018 | €57,609 | €92,729 | ▲ 61.0% |
| Fixed assets21/28 | €1,200 | - | €16,667 | €8,333 | €21,613 | ▲ 159% |
| Tangible fixed assets22/27 | €1,200 | - | €16,667 | €8,333 | €21,613 | ▲ 159% |
| Furniture and vehicles24 | €1,200 | - | €16,667 | €8,333 | €21,613 | ▲ 159% |
| Current assets29/58 | €26,701 | €3,940 | €21,351 | €49,275 | €71,116 | ▲ 44.3% |
| Amounts receivable within one year40/41 | €21,323 | €3,940 | €20,546 | €44,459 | €69,047 | ▲ 55.3% |
| Trade receivables40 | €20,611 | €1,500 | €17,165 | €39,916 | €68,621 | ▲ 71.9% |
| Other amounts receivable41 | €712 | €2,440 | €3,381 | €4,544 | €426 | ▼ 90.6% |
| Cash at bank and in hand54/58 | €5,378 | - | €805 | - | €2,069 | - |
| Deferred charges and accrued income490/1 | - | - | - | €4,816 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,901 | €3,940 | €38,018 | €57,609 | €92,729 | ▲ 61.0% |
| Equity10/15 | €2,726 | €3,134 | €14,127 | €24,717 | €31,163 | ▲ 26.1% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Capital10 | €2,500 | €2,500 | - | - | - | - |
| Issued capital100 | €2,500 | €2,500 | - | - | - | - |
| Profit (loss) carried forward14 | €226 | €634 | €11,627 | €22,217 | €28,663 | ▲ 29.0% |
| Amounts payable17/49 | €25,175 | €806 | €23,890 | €32,892 | €61,566 | ▲ 87.2% |
| Amounts payable after more than one year17 | - | - | - | - | €15,983 | - |
| Financial debts170/4 | - | - | - | - | €15,983 | - |
| Amounts payable within one year42/48 | €24,625 | €94 | €23,890 | €32,892 | €45,583 | ▲ 38.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €9,517 | - |
| Financial debts43 | - | €5 | - | - | - | - |
| Credit institutions430/8 | - | €5 | - | - | - | - |
| Trade debts44 | €15,019 | - | €23,483 | €11,445 | €29,745 | ▲ 160% |
| Suppliers440/4 | €15,019 | - | €23,483 | €11,445 | €29,745 | ▲ 160% |
| Advances received on contracts in progress46 | €8,001 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | €408 | €5,446 | €6,321 | ▲ 16.1% |
| Taxes450/3 | - | - | €408 | €3,020 | €4,011 | ▲ 32.8% |
| Remuneration and social security454/9 | - | - | - | €2,427 | €2,311 | ▼ 4.8% |
| Other amounts payable47/48 | €1,605 | €89 | - | €16,000 | - | - |
| Accrued charges and deferred income492/3 | €550 | €712 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €226 | €407 | €10,994 | €26,589 | €6,447 | ▼ 75.8% |
| + Depreciation and write-downs630 | €1,468 | - | €8,333 | €8,333 | €19,140 | ▲ 130% |
| Operating cash flow (approximation) | €1,694 | €407 | €19,327 | €34,922 | €25,586 | ▼ 26.7% |
| Investment in fixed assets (approximation) | - | - | - | €0 | -€32,419 | - |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €26,589 ▲142%
Operating result €30,848, net result €26,589, both a record.
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 39current ratio 41.91
Current ratio from 1.08 to 41.91; short-term debt falls from €24,625 to €94.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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, Schaarbeek · 1 establishment unit since 2020
Ground area
432 m²
Building footprint
247 m²
Volume, LiDAR
2,970 m³
Parcel 21904B0421/00R003, Brussels · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
HTAK CLEANING
since 20202.309.802.701
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21904B0421/00R003 | Brussels | 432 m² | 1 · 247 m² | 18.1 m · 5 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 7,300 companies in sector 43350 we hold annual accounts for 2,361. 1,922 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
Founded24-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
81210General cleaning of buildings
46190Agents in non-specialised wholesale trade
49330On-demand passenger transport by chauffeured vehicle
Contact
Phone
0483714960Schaarbeek
E-invoicing
Reachable via Peppol
Peppol ID
0208:0758711234
Also
9925:BE0758711234
Registered
30-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.