Skip to content

REDCOMMS

Active
Private limited companyfounded 2019active for 6 yearsGiervalkenlaan 10, 1170 Watermaal-Bosvoorde, Belgium326 active companies are registered at this addressKBO/BCE: BE 0738.924.125

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

REDCOMMS has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,011 and a net result of €2,085. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 8,566 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
01-07-2026
Format
micro format
Reference
2026-00231526
Turnover
≈ €32,000
Estimated: probably between €13,000 and €52,000
Total assets
€35,005▼ 20.9%
2024 · €44,234
Net result
€2,085▼ 87.4%
2024 · €16,515
Working capital
€3,011▼ 87.3%
2024 · €23,750
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 79% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€4,283 2025 Net result€2,085 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€2,702-€14,902€17,131▲ 15.0%€17,232▲ 0.6%-€12,608€20,383€4,283▼ 79.0%
Net result-€2,702-€12,155within the sector's middle half€10,981within the sector's middle half▼ 9.7%€11,638within the sector's middle half▲ 6.0%-€13,362below the sector's middle half€16,515within the sector's middle half€2,085within the sector's middle half▼ 87.4%
Equity€298-€12,453below the sector's middle half▲ 42×€23,434within the sector's middle half▲ 88.2%€29,073within the sector's middle half▲ 24.1%€15,711below the sector's middle half▼ 46.0%€23,926within the sector's middle half▲ 52.3%€3,011below the sector's middle half▼ 87.4%
Total assets€3,490-€26,969below the sector's middle half▲ 673%€55,789below the sector's middle half▲ 107%€54,055below the sector's middle half▼ 3.1%€22,624below the sector's middle half▼ 58.1%€44,234below the sector's middle half▲ 95.5%€35,005below the sector's middle half▼ 20.9%
Debt€3,193-€14,516▲ 355%€32,354▲ 123%€24,982▼ 22.8%€6,913▼ 72.3%€20,308▲ 194%€31,995▲ 57.5%
Working capital€298-€12,583within the sector's middle half▲ 42×€23,434within the sector's middle half▲ 86.2%€28,230within the sector's middle half▲ 20.5%€15,202within the sector's middle half▼ 46.2%€23,750within the sector's middle half▲ 56.2%€3,011within the sector's middle half▼ 87.3%
Solvency46.2%within the sector's middle half42.0%within the sector's middle half▼ 4.2pp53.8%within the sector's middle half▲ 11.8pp69.4%within the sector's middle half▲ 15.7pp54.1%within the sector's middle half▼ 15.4pp8.6%below the sector's middle half▼ 45.5pp
Current ratio1.87within the sector's middle half1.72within the sector's middle half▼ 0.152.13within the sector's middle half▲ 0.413.20within the sector's middle half▲ 1.072.17within the sector's middle half▼ 1.031.09within the sector's middle half▼ 1.08
Return on assets (ROA)45.1%above the sector's middle half19.7%within the sector's middle half▼ 25.4pp21.5%within the sector's middle half▲ 1.8pp-59.1%below the sector's middle half▼ 80.6pp37.3%above the sector's middle half▲ 96.4pp6.0%within the sector's middle half▼ 31.4pp
above within below the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €35,005
Equity €3,011 ▼ 87.4%
Debt €31,995 ▲ 57.5%
Debt's share of the balance-sheet total rises from 45.9% to 91.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,460▼
2024 · €20,716
Cash flow
€2,261▼
2024 · €16,848
Debt to equity
10.63▲
2024 · 0.85
ROE
69.2%▲
2024 · 69.0%
Interest coverage
7.34▼
2024 · 21.80
Debt ≤ 1 year
€31,995▲
2024 · €20,308
Income taxes
€2,057▼
2024 · €3,037
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96.1% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96.1% still going

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% 0.9%
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 2,153 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 against 2024 · 38 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 01-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€44,234€35,005▼
Fixed assets21/28€176-
Tangible fixed assets22/27€176-
Furniture and vehicles24€176-
Current assets29/58€44,057€35,005▼
Amounts receivable within one year40/41€19,717€33,299▲
Trade receivables40€16,723€28,096▲
Other amounts receivable41€2,993€5,203▲
Cash at bank and in hand54/58€22,888€1,582▼
Deferred charges and accrued income490/1€1,452€124▼
Equity and liabilities
Total equity and liabilities10/49€44,234€35,005▼
Equity10/15€23,926€3,011▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€20,926€11▼
Amounts payable17/49€20,308€31,995▲
Amounts payable within one year42/48€20,308€31,995▲
Trade debts44€4,922€3,098▼
Suppliers440/4€4,922€3,098▼
Taxes, remuneration and social security45€7,086€5,897▼
Taxes450/3€7,086€4,597▼
Remuneration and social security454/9-€1,300
Other amounts payable47/48€8,300€23,000▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€333€176▼
Other operating charges640/8€467€560▲
Gross operating margin9900€21,183€5,019▼
Operating profit (loss)9901€20,383€4,283▼
Financial income75/76B€119€466▲
Recurring financial income75€119€466▲
Financial charges65/66B€950€608▼
Recurring financial charges65€950€608▼
Profit (loss) for the period before taxes9903€19,551€4,141▼
Income taxes67/77€3,037€2,057▼
Profit (loss) for the period9904€16,515€2,085▼
Profit (loss) for the period to be appropriated9905€16,515€2,085▼
Appropriation of the result
Profit (loss) to be appropriated9906€29,226€23,011▼
Profit (loss) brought forward from the previous period14P€12,711€20,926▲
Profit to be distributed694/7€8,300€23,000▲
Return on contributions (dividend)694€8,300€23,000▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€157€333€333€176▼ 47.1%
Other operating charges640/8--€365€348€1,953€467€560▲ 19.9%
Gross operating margin9900-€2,702€14,902€17,496€17,737-€10,322€21,183€5,019▼ 76.3%
Operating profit (loss)9901-€2,702€14,902€17,131€17,232-€12,608€20,383€4,283▼ 79.0%
Financial income75/76B---€39€507€119€466▲ 293%
Recurring financial income75-€11-€39€507€119€466▲ 293%
Financial charges65/66B--€388€1,498€1,239€950€608▼ 36.1%
Recurring financial charges65-€57€388€764€1,239€950€608▼ 36.1%
Non-recurring financial charges66B---€734----
Profit (loss) for the period before taxes9903-€2,702€14,855€16,744€15,773-€13,340€19,551€4,141▼ 78.8%
Income taxes67/77-€2,700€5,762€4,134€21€3,037€2,057▼ 32.3%
Profit (loss) for the period9904-€2,702€12,155€10,981€11,638-€13,362€16,515€2,085▼ 87.4%
Profit (loss) for the period to be appropriated9905-€2,702€12,155€10,981€11,638-€13,362€16,515€2,085▼ 87.4%
Line2019202020212022202320242025Change
Assets
Total assets20/58€3,490€26,969€55,789€54,055€22,624€44,234€35,005▼ 20.9%
Fixed assets21/28---€842€509€176--
Tangible fixed assets22/27---€842€509€176--
Furniture and vehicles24---€842€509€176--
Current assets29/58€3,490€26,969€55,789€53,212€22,115€44,057€35,005▼ 20.5%
Amounts receivable within one year40/41€3,490€26,926€33,510€21,163€10,292€19,717€33,299▲ 68.9%
Trade receivables40--€33,510€21,163€6,953€16,723€28,096▲ 68.0%
Other amounts receivable41----€3,339€2,993€5,203▲ 73.8%
Cash at bank and in hand54/58-€23€22,278€32,049€11,823€22,888€1,582▼ 93.1%
Deferred charges and accrued income490/1-----€1,452€124▼ 91.4%
Equity and liabilities
Total equity and liabilities10/49€3,490€26,969€55,789€54,055€22,624€44,234€35,005▼ 20.9%
Equity10/15€298€12,453€23,434€29,073€15,711€23,926€3,011▼ 87.4%
Contributions10/11€3,000-€3,000€3,000€3,000€3,000€3,000=
Profit (loss) carried forward14-€2,702€9,453€20,434€26,073€12,711€20,926€11▼ 99.9%
Amounts payable17/49€3,193€14,516€32,354€24,982€6,913€20,308€31,995▲ 57.5%
Amounts payable within one year42/48€3,193€14,386€32,354€24,982€6,913€20,308€31,995▲ 57.5%
Trade debts44€3,193€8,007€16,910€4,557€1,890€4,922€3,098▼ 37.1%
Suppliers440/4--€16,910€4,557€1,890€4,922€3,098▼ 37.1%
Taxes, remuneration and social security45--€13,708€13,000€5,024€7,086€5,897▼ 16.8%
Taxes450/3--€13,708€13,000€5,024€7,086€4,597▼ 35.1%
Remuneration and social security454/9------€1,300-
Other amounts payable47/48--€1,736€7,425-€8,300€23,000▲ 177%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€2,702€12,155€10,981€11,638-€13,362€16,515€2,085▼ 87.4%
+ Depreciation and write-downs630---€157€333€333€176▼ 47.1%
Operating cash flow (approximation)-€2,702€12,155€10,981€11,795-€13,029€16,848€2,261▼ 86.6%
Investment in fixed assets (approximation)----€0€0--
Change in cash--€22,256€9,771-€20,226€11,065-€21,306-

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 (7)
Financial year Type Filed Reference Document
31-12-2025 micro format 01-07-2026 2026-00231526 NBB
31-12-2024 micro format 21-08-2025 2025-00388915 PDF
31-12-2023 micro format 12-08-2024 2024-00339580 PDF
31-12-2022 micro format 08-06-2023 2023-00113338 PDF
31-12-2021 micro format 30-09-2022 2022-20441283 PDF
31-12-2020 micro format 30-08-2021 2021-59200036 PDF
31-12-2019 micro format 25-09-2020 2020-55800101 PDF

Similar companies · same sector, comparable size

Of the 13,234 active companies whose main activity is public relations and communication consultancy (NACE 73300), figures are known for 7,091. 2,027 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.