REDAK
ActiveThe computed 12-month bankruptcy probability of REDAK is 2.2% (moderate). The 2025 annual accounts show equity of €10k and a net result of €1k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 61% of 27450 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-42
Solvency82▼-9
Growth78=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.31 against 2.94 in 2024; short-term debt: 43.2% and cash: 17.1% of total assets), and 43.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
2 d early
2022
31 d late
2021
2 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▲ 14.2%
2024 · €9k
2021: €4k
2022: €8k
2023: €6k
2024: €9k
2021 → 2025
Total assets
€18k▲ 32.7%
2024 · €14k
2021: €7k
2022: €12k
2023: €6k
2024: €14k
2021 → 2025
Net result
€1k▼ 60.6%
2024 · €3k
2021: €-2k
2022: €4k
2023: €-2k
2024: €3k
2021 → 2025
Working capital
€10k▲ 14.2%
2024 · €9k
2021: €4k
2022: €8k
2023: €6k
2024: €9k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€8k▲ 101%€6k▼ 29.2%€9k▲ 56.2%€10k▲ 14.2%
Operating result€-2k-€5k€-2k€4k€2k▼ 52.8%
Net result€-2k-€4k€-2k€3k€1k▼ 60.6%
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 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €18k
Equity
€10k▲ 14.2%
Debt
€8k▲ 68.7%
The debt ratio rises from 34.0% to 43.2%. Equity and debt are higher.
Key figures and ratios
Solvency
56.8%▼
2024 · 66.0%
Current ratio
2.31▼
2024 · 2.94
Quick ratio
2.31▼
2024 · 2.94
Debt / equity
0.76▲
2024 · 0.52
ROE
12.4%▼
2024 · 36.0%
ROA
7.0%▼
2024 · 23.7%
Debt
€8k▲
2024 · €5k
Debt ≤ 1 year
€8k▲
2024 · €5k
Income taxes
€371▲
2024 · €306
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€14k€18k▲
Current assets29/58€14k€18k▲
Amounts receivable within one year40/41€13k€15k▲
Trade receivables40€12k€13k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€122€3k▲
Equity and liabilities
Total equity and liabilities10/49€14k€18k▲
Equity10/15€9k€10k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€3k€4k▲
Amounts payable17/49€5k€8k▲
Amounts payable within one year42/48€5k€8k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€306€396▲
Taxes450/3€306€396▲
Other amounts payable47/48€1k€3k▲
Income statement
Code20242025
Other operating charges640/8€2k€648▼
Gross operating margin9900€6k€2k▼
Operating profit (loss)9901€4k€2k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€51€52▲
Recurring financial charges65€51€52▲
Profit (loss) for the period before taxes9903€4k€2k▼
Income taxes67/77€306€371▲
Profit (loss) for the period9904€3k€1k▼
Profit (loss) for the period to be appropriated9905€3k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€4k▲
Profit (loss) brought forward from the previous period14P€-247€3k▲
The notes to these accounts (2 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-2k ▼158%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 15current ratio 46.29
Current ratio from 3.08 to 46.29; short-term debt falls from €4k to €127.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
29-07
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.
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, Ingelmunster · 1 establishment unit since 2021
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.
Nijverheidstraat 138770 IngelmunsterGround area
1,586 m²
Building footprint
310 m²
Volume, LiDAR
1,307 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
REDAK
since 20212.314.132.661
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007B0952/00D002 | Flanders | 1,051 m² | 1 · 60 m² | 2.2 m |
| 36007B0955/00N003 | Flanders | 535 m² | 1 · 250 m² | 9.8 m · 2 fl. |
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.
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Of 8,560 companies in sector 43410 we hold annual accounts for 4,351. 2,308 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2021
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.