REDAA
ActiveREDAA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €12k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 69% of 18207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-23
Solvency82▼-18
Growth80▼-3
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.25 against 7.12 in 2024; short-term debt: 43% and cash: 64.4% of total assets), and 43% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
57%
Return on assets
5.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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 · 10 filingsDeviation from the deadline
2025
5 d late
2024
58 d late
2023
44 d late
2022
46 d late
2021
59 d late
2020
94 d late
2019
451 d late
← 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, micro schema
Turnover
€1.37M▲ 25.1%
2023 · €1.09M
2019: €567k
2020: €848k
2021: €980k
2022: €1.06M
2023: €1.09M
2019 → 2025
EBIT margin
1.3%▲ 0.3pp
2023 · 0.9%
2019: 3.2%
2020: 2.7%
2021: 2.7%
2022: 1.7%
2023: 0.9%
2019 → 2025
Net result
€12k▼ 19.1%
2024 · €15k
2018: €3k
2019: €18k
2020: €23k
2021: €20k
2022: €13k
2023: €8k
2024: €15k
2018 → 2025
Working capital
€130k▲ 8.8%
2024 · €120k
2019: €35k
2020: €65k
2021: €84k
2022: €99k
2023: €103k
2024: €120k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€980k-€1.06M▲ 7.9%€1.09M▲ 3.5%€1.37M
Equity€90k-€103k▲ 14.8%€111k▲ 7.3%€126k▲ 13.8%€138k▲ 9.8%
Operating result€27k-€18k▼ 34.5%€10k▼ 42.8%€15k▲ 51.9%€17k▲ 13.1%
Net result€20k-€13k▼ 33.9%€8k▼ 43.5%€15k▲ 103%€12k▼ 19.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €242k
Fixed assets
€8k▲ 28.7%
Current assets
€234k▲ 68.2%
Equity and liabilities €242k
Equity
€138k▲ 9.8%
Debt
€104k▲ 432%
The debt ratio rises from 13.5% to 43.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19k▲
2024 · €17k
Cash flow
€14k▼
2024 · €17k
Solvency
57.0%▼
2024 · 86.5%
Current ratio
2.25▼
2024 · 7.12
Quick ratio
2.07▼
2024 · 6.14
Debt / equity
0.75▲
2024 · 0.16
ROE
8.9%▼
2024 · 12.1%
ROA
5.1%▼
2024 · 10.5%
Interest coverage
409.25▲
2024 · 354.40
Debt
€104k▲
2024 · €20k
Debt ≤ 1 year
€104k▲
2024 · €20k
Debt > 1 year
€0=
2024 · €0
Income taxes
€5k▲
2024 · €0
Staff costs
€95k▲
2024 · €58k
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€145k€242k▲
Formation expenses20€0€0=
Fixed assets21/28€6k€8k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€4k€5k▲
Land and buildings22€0€0=
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€0€0=
Leasing and similar rights25€0€0=
Other tangible fixed assets26€0€0=
Assets under construction and advance payments27€0€0=
Financial fixed assets28€3k€3k=
Current assets29/58€139k€234k▲
Amounts receivable after more than one year29€0€0=
Trade receivables290€0€0=
Other amounts receivable291€0€0=
Stocks and contracts in progress3€19k€19k=
Stocks30/36€19k€19k=
Contracts in progress37€0€0=
Amounts receivable within one year40/41€9k€59k▲
Trade receivables40€9k€59k▲
Other amounts receivable41€0€712▲
Current investments50/53€0€0=
Cash at bank and in hand54/58€111k€156k▲
Deferred charges and accrued income490/1€0€0=
Equity and liabilities
Total equity and liabilities10/49€145k€242k▲
Equity10/15€126k€138k▲
Contributions10/11€6k€6k=
Revaluation surpluses12€0€0=
Reserves13€2k€32k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Own shares acquired1312€0€0=
Financial assistance1313€0€0=
Other1319€0€0=
Tax-exempt reserves132€0€0=
Distributable reserves133€0€30k▲
Profit (loss) carried forward14€118k€100k▼
Investment grants15€0€0=
Advance to shareholders on the distribution of net assets19€0€0=
Provisions and deferred taxes16€0€0=
Provisions for liabilities and charges160/5€0€0=
Pensions and similar obligations160€0€0=
Taxes161€0€0=
Major repairs and maintenance162€0€0=
Environmental obligations163€0€0=
Other liabilities and charges164/5€0€0=
Deferred taxes168€0€0=
Amounts payable17/49€20k€104k▲
Amounts payable after more than one year17€0€0=
Financial debts170/4€0€0=
Trade debts175€0€0=
Advances received on contracts in progress176€0€0=
Other amounts payable178/9€0€0=
Amounts payable within one year42/48€20k€104k▲
Current portion of amounts payable after more than one year42€0€0=
Financial debts43€0€0=
Credit institutions430/8€0€0=
Other loans439€0€0=
Trade debts44€5k€76k▲
Suppliers440/4€5k€76k▲
Bills of exchange payable441€0€0=
Advances received on contracts in progress46€0€0=
Taxes, remuneration and social security45€14k€28k▲
Taxes450/3€14k€5k▼
Remuneration and social security454/9€0€23k▲
Other amounts payable47/48€0€360▲
Accrued charges and deferred income492/3€0€0=
Income statement
Code20242025
Turnover70-€1.37M
Non-recurring operating income76A-€0
Goods, raw materials, services and sundry goods60/61€1.10M€1.26M▲
Remuneration, social security and pensions62€58k€95k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€0=
Provisions for liabilities and charges: additions (uses and reversals)635/8€0€0=
Other operating charges640/8€274€75▼
Operating charges capitalised as restructuring costs649€0€0=
Non-recurring operating charges66A-€0
Gross operating margin9900€75k€114k▲
Operating profit (loss)9901€15k€17k▲
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Non-recurring financial income76B-€0
Financial charges65/66B€48€46▼
Recurring financial charges65€48€46▼
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€15k€17k▲
Transfer from deferred taxes780€0€0=
Transfer to deferred taxes680€0€0=
Income taxes67/77€0€5k▲
Profit (loss) for the period9904€15k€12k▼
Transfer from tax-exempt reserves789€0€0=
Transfer to tax-exempt reserves689€0€0=
Profit (loss) for the period to be appropriated9905€15k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€118k€130k▲
Profit (loss) brought forward from the previous period14P€103k€118k▲
Transfer from equity791/2-€0
Transfer to equity691/2-€30k
To contributions691-€0
To the legal reserve6920-€0
To other reserves6921-€30k
Shareholders' contribution to the loss794-€0
Profit to be distributed694/7-€0
The notes to these accounts (14 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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 4.77
Current ratio from 1.78 to 4.77; short-term debt falls from €127k to €27k.
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
31-12
Financial
Equity above €100kEq €103k ▲14.8%
5 profitable years in a row build equity to €103k.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 94 days late
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 451 days late
2020
31-12
Financial
Highest result since 2018net €23k ▲28.2%
Net result €23k, the highest in the series.
31-12
Financial
Liquidity times 6current ratio 7.76
Current ratio from 1.34 to 7.76; short-term debt falls from €105k to €10k.
2019
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 134 days late
16-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 412 days late
2017
24-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 85 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Jette · 1 establishment unit since 2010
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.
Leopold I straat 4031090 JetteGround area
93 m²
Building footprint
83 m²
Volume, LiDAR
1,327 m³
Parcel 21463D0288/00E002, Brussels · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BOUCHERIE LEOPOLD I
since 20102.185.593.310
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463D0288/00E002 | Brussels | 93 m² | 1 · 82 m² | 17.2 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteJette2.185.593.310
Similar companies · same sector, comparable size
KLASSESLAGER LENAERTS-VERBEEK
BE 0846.351.724
Ravels · Eq €138k
D.SVN
BE 0673.806.342
Gent · Eq €138k
DESFO
BE 0454.327.313
Wichelen · Eq €139k
GODIA
BE 0865.907.914
Sint-Joost-ten-Node · Eq €137k
BRUNO DEGAND
BE 0422.587.824
Ath · Eq €139k
Of 3,043 companies in sector 47221 we hold annual accounts for 1,562. 1,342 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2010
Fiscal year end31-12
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.