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REDART-CONSTRUCT

Active
Private limited companyfounded 2015active for 10 yearsLouizalaan 390, 1050 Brussel, BelgiumKBO/BCE: BE 0643.558.574

From the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

REDART-CONSTRUCT has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115,992 and a net result of €13,840. Equity has been growing by about 23% per year since 2018. Its solvency ranks better than 58% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

KBO
Status
Active since 24-11-2015 Normal situation
Registered office
94 active companies are registered at this address 4 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Other construction installation NACE 43240and 4 others
Establishment unit
2.248.502.956 1050 Elsene, since 24-11-2015
Financial year end
31 December
Peppol
Reachable since 13-03-2025

Board and ownership

Board

Financial position

65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Gross margin
€25,337
▼ 39.9%
Turnover
≈ €120,000
estimated
Profit
€13,840
▲ 19.5%
Equity
€115,992
▲ 13.5%
Total assets
€227,082
▼ 6.5%
Staff
0.4 FTE
▼ 33.3%
Filed on 31-08-2026, 31 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)Size: 0.4 FTE, total assets €227,082Liquidity: current ratio 2.98, cash €2,508Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 41% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 76+9
equity 51.1% of total assets
Liquidity 37+15
short-term debt 33.5% · cash 1.1%
Profitability 53+4
return on assets 6.1%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 1.8% 12-2024: 1.8%● unchanged vs 11-2024 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 2.0%▲ +0.2 percentage points vs 03-2025 05-2025: 2.3%▲ +0.3 percentage points vs 04-2025 06-2025: 2.3%● unchanged vs 05-2025 07-2025: 2.3%● unchanged vs 06-2025 08-2025: 3.3%▲ +1.0 percentage point vs 07-2025highest value 09-2025: 2.9%▼ -0.4 percentage points vs 08-2025 10-2025: 2.9%● unchanged vs 09-2025 11-2025: 2.1%▼ -0.8 percentage points vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.1%● unchanged vs 03-2026 05-2026: 1.8%▼ -0.3 percentage points vs 04-2026 06-2026: 1.7%▼ -0.1 percentage points vs 05-2026 07-2026: 1.7%● unchanged vs 06-2026 08-2026: 2.5%▲ +0.8 percentage points vs 07-2026 09-2026: 1.2%▼ -1.3 percentage points vs 08-2026lowest value 10-2026: 1.2%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.98 (1.8 in 2024), above the usual 1.5. Short-term debt is 33.5% and cash 1.1% of total assets. 48.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 56% of them on solvency, 25% on liquidity, 25% on profitability and 60% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: 0.4 FTE, total assets €227,082
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.98, cash €2,508
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
26 days late
2023
9 days early
2022
31 days late
2021
29 days late
2020
31 days late
2019
13 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €13,840 8 years View

Comparable companies

These companies have the same main activity as REDART-CONSTRUCT: other construction installation (NACE 43240). They are comparable in size and age: total assets between €88,600 and €246,000, founded between 2011 and 2018.

CompanyTotal assetsGross margin
REDART-CONSTRUCT Brussel€227,082€25,337
SMEETS JOEL MAINTENANCE INDUSTRIELLE Flémalle€154,149€47,708
ALION SERVICES Aalst€88,555€35,056
SKYGGE Pepingen€172,831€70,852
ZM Bulkline Antwerpen€204,322€78,415
Dorval Construct Elsene€186,006€16,717
VEL CONSTRUCT Anderlecht€246,013€31,556
Full comparison

Documents

Annual accounts at the NBB

All 10 annual accounts

Articles and registers

Key facts about REDART-CONSTRUCT

What is the company number of REDART-CONSTRUCT?
The company number of REDART-CONSTRUCT is 0643.558.574. The VAT number is the same number with BE in front: BE 0643.558.574.
Where is REDART-CONSTRUCT based?
The registered office is at Louizalaan 390, 1050 Brussel.Company details
What does REDART-CONSTRUCT do?
According to the KBO register, the main activity is other construction installation (NACE 43240).
What is the legal form of REDART-CONSTRUCT?
The legal form of REDART-CONSTRUCT is Private limited company (BV).
When was REDART-CONSTRUCT founded?
REDART-CONSTRUCT was founded on 24-11-2015.
Is REDART-CONSTRUCT still active?
Yes, REDART-CONSTRUCT is an active enterprise in the KBO register.
How many employees does REDART-CONSTRUCT have?
REDART-CONSTRUCT had an average of 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of REDART-CONSTRUCT?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €25,337 and 32 comparable companies (NACE 432). It probably lies between €74,000 and €140,000.
Is REDART-CONSTRUCT profitable?
In financial year 2025, REDART-CONSTRUCT made a profit of €13,840.
Where can I find the annual accounts of REDART-CONSTRUCT?
REDART-CONSTRUCT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of REDART-CONSTRUCT due?
REDART-CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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