REDDEX
ActiveREDDEX has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €133k and a net result of €49k. Equity is growing by ~75.8% per year across the filed fiscal years. Its solvency ranks better than 87% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Stability94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 6.18 against 6.15 in 2023), and 15.8% 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.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
51 d early
2022
42 d early
2021
41 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€133k▲ 58.8%
2023 · €83k
2021: €25k
2022: €47k
2023: €83k
2021 → 2024
Total assets
€157k▲ 60.4%
2023 · €98k
2021: €40k
2022: €60k
2023: €98k
2021 → 2024
Net result
€49k▲ 35.0%
2023 · €36k
2021: €21k
2022: €22k
2023: €36k
2021 → 2024
Working capital
€128k▲ 70.9%
2023 · €75k
2021: €18k
2022: €39k
2023: €75k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€25k-€47k▲ 88.5%€83k▲ 77.2%€133k▲ 58.8%
Operating result€26k-€29k▲ 9.6%€47k▲ 61.4%€62k▲ 33.6%
Net result€21k-€22k▲ 5.4%€36k▲ 64.3%€49k▲ 35.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 34% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €157k
Fixed assets
€4k▼ 51.2%
Current assets
€153k▲ 70.7%
Equity and liabilities €157k
Equity
€133k▲ 58.8%
Debt
€25k▲ 69.8%
The debt ratio rises from 14.9% to 15.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€68k▲
2023 · €51k
Cash flow
€55k▲
2023 · €40k
Solvency
84.2%▼
2023 · 85.1%
Current ratio
6.18▲
2023 · 6.15
Quick ratio
6.18▲
2023 · 6.15
Debt / equity
0.19▲
2023 · 0.18
ROE
37.0%▼
2023 · 43.6%
ROA
31.2%▼
2023 · 37.1%
Interest coverage
884.75▲
2023 · 168.64
Debt
€25k▲
2023 · €15k
Debt ≤ 1 year
€25k▲
2023 · €15k
Income taxes
€13k▲
2023 · €10k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€98k€157k▲
Fixed assets21/28€8k€4k▼
Tangible fixed assets22/27€8k€4k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€795€461▼
Other tangible fixed assets26€3k€376▼
Current assets29/58€90k€153k▲
Amounts receivable within one year40/41€1k€17k▲
Trade receivables40-€12k
Other amounts receivable41€1k€5k▲
Cash at bank and in hand54/58€88k€136k▲
Equity and liabilities
Total equity and liabilities10/49€98k€157k▲
Equity10/15€83k€133k▲
Contributions10/11€4k€4k=
Reserves13€79k€129k▲
Distributable reserves133€79k€129k▲
Amounts payable17/49€15k€25k▲
Amounts payable within one year42/48€15k€25k▲
Trade debts44€28€602▲
Suppliers440/4€28€602▲
Taxes, remuneration and social security45€15k€24k▲
Taxes450/3€15k€24k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€522€751▲
Gross operating margin9900€51k€68k▲
Operating profit (loss)9901€47k€62k▲
Financial income75/76B€59€196▲
Recurring financial income75€59€196▲
Financial charges65/66B€301€77▼
Recurring financial charges65€301€77▼
Profit (loss) for the period before taxes9903€46k€62k▲
Income taxes67/77€10k€13k▲
Profit (loss) for the period9904€36k€49k▲
Profit (loss) for the period to be appropriated9905€36k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€49k▲
Transfer to equity691/2€36k€49k▲
To other reserves6921€36k€49k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €49k ▲35%
Operating result €62k, net result €49k, both a record.
31-12
Financial
Equity above €100kEq €133k ▲58.8%
4 profitable years in a row build equity to €133k.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
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
1 act for this company is 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, Lasne · 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.
Avenue du Trianon 301380 LasneGround area
1,012 m²
Building footprint
169 m²
Volume, LiDAR
868 m³
Parcel 25087C0509/00K002, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
REDDEX
since 20212.315.557.175
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25087C0509/00K002 | Wallonia | 1,012 m² | 1 · 169 m² | 7.5 m · 2 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.
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VAN ECKEREN PROJECTS
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Boost Dreams Development
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KARDEMOM
BE 0694.573.844
Gent · Eq €132k
Of 9,635 companies in sector 68121 we hold annual accounts for 7,328. 5,298 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-2021
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
47400Retail sale of information and communication equipment
47410Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.