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Redant eSolutions

Active
Private limited companyfounded 2025active for 1 yearKetsestraat 29, 9890 Gavere, BelgiumKBO/BCE: BE 1023.078.202
Summary

The computed 12-month bankruptcy probability of Redant eSolutions is 1.9% (moderate). The 2025 annual accounts show equity of €40,609 and a net result of €40,509. Its solvency ranks better than 32% of 34,143 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€40,609
Total assets
€133,835
Net result
€40,509
Working capital
€13,510

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €133,835
Fixed assets €57,965
Current assets €75,870
Equity and liabilities €133,835
Equity €40,609
Debt €93,226
Debt finances 69.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€61,835
Cash flow
€47,598
Current ratio
1.22
Quick ratio
1.10
Debt to equity
2.30
ROE
99.8%
ROA
30.3%
Interest coverage
67.11
Debt ≤ 1 year
€62,360
Debt > 1 year
€27,591
Income taxes
€13,513

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 1.9% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 74.5% 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 11,280 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
Filed annual accounts As filed with the NBB · 2025 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€133,835
Fixed assets21/28€57,965
Intangible fixed assets21€1
Tangible fixed assets22/27€57,542
Plant, machinery and equipment23€7,010
Furniture and vehicles24€50,532
Financial fixed assets28€422
Current assets29/58€75,870
Stocks and contracts in progress3€6,992
Stocks30/36€6,992
Amounts receivable within one year40/41€54,718
Trade receivables40€30,981
Other amounts receivable41€23,737
Cash at bank and in hand54/58€13,423
Deferred charges and accrued income490/1€737
Equity and liabilities
Total equity and liabilities10/49€133,835
Equity10/15€40,609
Contributions10/11€100
Profit (loss) carried forward14€40,509
Amounts payable17/49€93,226
Amounts payable after more than one year17€27,591
Financial debts170/4€27,591
Amounts payable within one year42/48€62,360
Current portion of amounts payable after more than one year42€10,364
Trade debts44€33,358
Suppliers440/4€33,358
Taxes, remuneration and social security45€13,946
Taxes450/3€13,946
Other amounts payable47/48€4,692
Accrued charges and deferred income492/3€3,275
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,090
Other operating charges640/8€501
Gross operating margin9900€62,336
Operating profit (loss)9901€54,746
Financial income75/76B€197
Recurring financial income75€197
Financial charges65/66B€921
Recurring financial charges65€921
Profit (loss) for the period before taxes9903€54,021
Income taxes67/77€13,513
Profit (loss) for the period9904€40,509
Profit (loss) for the period to be appropriated9905€40,509
Appropriation of the result
Profit (loss) to be appropriated9906€40,509

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,090
Other operating charges640/8€501
Gross operating margin9900€62,336
Operating profit (loss)9901€54,746
Financial income75/76B€197
Recurring financial income75€197
Financial charges65/66B€921
Recurring financial charges65€921
Profit (loss) for the period before taxes9903€54,021
Income taxes67/77€13,513
Profit (loss) for the period9904€40,509
Profit (loss) for the period to be appropriated9905€40,509
Line2025
Assets
Total assets20/58€133,835
Fixed assets21/28€57,965
Intangible fixed assets21€1
Tangible fixed assets22/27€57,542
Plant, machinery and equipment23€7,010
Furniture and vehicles24€50,532
Financial fixed assets28€422
Current assets29/58€75,870
Stocks and contracts in progress3€6,992
Stocks30/36€6,992
Amounts receivable within one year40/41€54,718
Trade receivables40€30,981
Other amounts receivable41€23,737
Cash at bank and in hand54/58€13,423
Deferred charges and accrued income490/1€737
Equity and liabilities
Total equity and liabilities10/49€133,835
Equity10/15€40,609
Contributions10/11€100
Profit (loss) carried forward14€40,509
Amounts payable17/49€93,226
Amounts payable after more than one year17€27,591
Financial debts170/4€27,591
Amounts payable within one year42/48€62,360
Current portion of amounts payable after more than one year42€10,364
Trade debts44€33,358
Suppliers440/4€33,358
Taxes, remuneration and social security45€13,946
Taxes450/3€13,946
Other amounts payable47/48€4,692
Accrued charges and deferred income492/3€3,275
Line2025
Profit (loss) for the period9904€40,509
+ Depreciation and write-downs630€7,090
Operating cash flow (approximation)€47,598

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 23-06-2026 2026-00185693

Similar companies · same sector, comparable size

Of the 6,974 active companies whose main activity is plumbing work (NACE 43221), figures are known for 3,525. 2,955 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.