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REDART-CONSTRUCT

Active
Private limited companyfounded 201510 yrs activeLouizalaan 390, 1050 Brussel, BelgiumKBO/BCE: BE 0643.558.574

REDART-CONSTRUCT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €14k. Equity is growing by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 58% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
93 / 100
Excellent▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+3
Solvency96▲+14
Growth78=
Stability100
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.98 against 1.8 in 2024), and 48.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2025
Solvency, return and age of the figures
Solvency
51.1%
Return on assets
6.1%
Age of the figures
8 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 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
26 d late
2023
9 d early
2022
31 d late
2021
29 d late
2020
31 d late
2019
13 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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14k▲ 19.5%
2024 · €12k
2018: €1k 2019: €18k 2020: €4k 2021: €14k 2022: €20k 2023: €17k 2024: €12k
2018 → 2025
Working capital
€151k▲ 39.9%
2024 · €108k
2018: €17k 2019: €35k 2020: €38k 2021: €61k 2022: €73k 2023: €91k 2024: €108k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€53k-€73k▲ 38.5%€91k▲ 23.6%€102k▲ 12.8%€116k▲ 13.5%
Operating result€20k-€28k▲ 39.1%€24k▼ 14.3%€22k▼ 6.4%€19k▼ 13.5%
Net result€14k-€20k▲ 40.5%€17k▼ 15.1%€12k▼ 33.0%€14k▲ 19.5%
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2021: €20k€20kNet result 2021: €14k€14kOperating result 2022: €28k€28kNet result 2022: €20k€20kOperating result 2023: €24k€24kNet result 2023: €17k€17kOperating result 2024: €22k€22kNet result 2024: €12k€12kOperating result 2025: €19k€19kNet result 2025: €14k€14k20212022202320242025
The operating result has fallen three years in a row; 2025 is 14% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €227k
Equity €116k▲ 13.5%
Debt €111k▼ 21.1%
The debt ratio falls from 58.0% to 48.9%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
Solvency
51.1%
2024 · 42.0%
Current ratio
2.98
2024 · 1.80
Quick ratio
2.98
2024 · 1.80
Debt / equity
0.96
2024 · 1.38
ROE
11.9%
2024 · 11.3%
ROA
6.1%
2024 · 4.8%
Debt
€111k
2024 · €141k
Debt ≤ 1 year
€76k
2024 · €135k
Income taxes
€5k
2024 · €4k
Staff costs
€6k
2024 · €19k
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€243k€227k
Current assets29/58€243k€227k
Amounts receivable within one year40/41€241k€224k
Trade receivables40€227k€122k
Other amounts receivable41€14k€102k
Cash at bank and in hand54/58€720€3k
Deferred charges and accrued income490/1€1k€828
Equity and liabilities
Total equity and liabilities10/49€243k€227k
Equity10/15€102k€116k
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€95k€108k
Amounts payable17/49€141k€111k
Amounts payable within one year42/48€135k€76k
Trade debts44€46k€67k
Suppliers440/4€46k€67k
Taxes, remuneration and social security45€12k€9k
Taxes450/3€11k€9k
Remuneration and social security454/9€1k-
Other amounts payable47/48€77k-
Accrued charges and deferred income492/3€6k€35k
Income statement Code20242025
Remuneration, social security and pensions62€19k€6k
Other operating charges640/8€387€400
Gross operating margin9900€42k€25k
Operating profit (loss)9901€22k€19k
Financial income75/76B€2€19
Recurring financial income75€2€19
Financial charges65/66B€6k€514
Recurring financial charges65€6k€514
Profit (loss) for the period before taxes9903€16k€19k
Income taxes67/77€4k€5k
Profit (loss) for the period9904€12k€14k
Profit (loss) for the period to be appropriated9905€12k€14k
Appropriation of the result
Profit (loss) to be appropriated9906€95k€108k
Profit (loss) brought forward from the previous period14P€83k€95k
Social balance
Average headcount (FTE)90870.60.4

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial Equity above €100kEq €102k ▲12.8%
7 profitable years in a row build equity to €102k.
22-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial Highest result since 2018net €20k ▲40.5%
Operating result €28k, net result €20k, both a record.
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
13-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Brussel · 1 establishment unit since 2015
establishment The establishment unit on the map
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.

Louizalaan 3901050 Brussel
Ground area
1,228 m²
Building footprint
529 m²
Volume, LiDAR
8,602 m³
Parcel 21807G0218/00E016, Brussels · tallest building 24.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
REDART-CONSTRUCT
Louizalaan 390, 1050 ElseneCivil engineering
since 20152.248.502.956
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0218/00E016 Brussels 1,228 m² 1 · 529 m² 24.9 m · 7 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.

Similar companies · same sector, comparable size

Of 29,535 companies in sector 41001 we hold annual accounts for 15,871. 12,871 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-11-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43240Other construction installation
43299Specialised construction activities
43120Site preparation
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.