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Reddium Software

Active
Private limited companyfounded 20241 yr activeGérardstraat 94, 1040 Etterbeek, BelgiumKBO/BCE: BE 1015.604.351
Summary

Reddium Software has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36,485 and a net result of €33,485. Its solvency ranks better than 53% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes
Profitability100
Solvency91
Growth-
Track record67
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.9; short-term debt: 34.4% and cash: 81.1% of total assets), and 34.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 22-07-2025, 9 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
9 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 9 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
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

History

On 25 October 2024, Reddium Software was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€36,485
Total assets
€55,640
Net result
€33,485
Working capital
€36,485

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

Balance-sheet composition
Equity and liabilities €55,640
Equity €36,485
Debt €19,156
Debt finances 34.4% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
2.90
Debt to equity
0.53
ROE
91.8%
ROA
60.2%
Debt ≤ 1 year
€19,156
Income taxes
€8,375
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 27 lines
Balance sheet Code2024
Assets
Total assets20/58€55,640
Current assets29/58€55,640
Amounts receivable within one year40/41€10,522
Trade receivables40€10,000
Other amounts receivable41€522
Cash at bank and in hand54/58€45,118
Equity and liabilities
Total equity and liabilities10/49€55,640
Equity10/15€36,485
Contributions10/11€3,000
Profit (loss) carried forward14€33,485
Amounts payable17/49€19,156
Amounts payable within one year42/48€19,156
Trade debts44€10,000
Suppliers440/4€10,000
Taxes, remuneration and social security45€9,156
Taxes450/3€8,375
Remuneration and social security454/9€781
Income statement Code2024
Other operating charges640/8€150
Gross operating margin9900€42,098
Operating profit (loss)9901€41,948
Financial charges65/66B€88
Recurring financial charges65€88
Profit (loss) for the period before taxes9903€41,860
Income taxes67/77€8,375
Profit (loss) for the period9904€33,485
Profit (loss) for the period to be appropriated9905€33,485
Appropriation of the result
Profit (loss) to be appropriated9906€33,485

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Other operating charges640/8€150
Gross operating margin9900€42,098
Operating profit (loss)9901€41,948
Financial charges65/66B€88
Recurring financial charges65€88
Profit (loss) for the period before taxes9903€41,860
Income taxes67/77€8,375
Profit (loss) for the period9904€33,485
Profit (loss) for the period to be appropriated9905€33,485
Line2024
Assets
Total assets20/58€55,640
Current assets29/58€55,640
Amounts receivable within one year40/41€10,522
Trade receivables40€10,000
Other amounts receivable41€522
Cash at bank and in hand54/58€45,118
Equity and liabilities
Total equity and liabilities10/49€55,640
Equity10/15€36,485
Contributions10/11€3,000
Profit (loss) carried forward14€33,485
Amounts payable17/49€19,156
Amounts payable within one year42/48€19,156
Trade debts44€10,000
Suppliers440/4€10,000
Taxes, remuneration and social security45€9,156
Taxes450/3€8,375
Remuneration and social security454/9€781
Line2024
Profit (loss) for the period9904€33,485
Operating cash flow (approximation)€33,485

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

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Timeline · acts, filings and financial milestones

2025
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Etterbeek · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
558 m²
Building footprint
240 m²
Volume, LiDAR
2,603 m³
2 parcels, Brussels · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
REDDIUM SOFTWARE
Vogelzang 173, 1160 OudergemComputer programming, consultancy and related activities
since 20242.365.724.288
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21005A0507/00V004 Brussels 295 m² 1 · 162 m² 14.1 m · 4 fl.
21002A0158/00M002 Brussels 263 m² 1 · 78 m² 12.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 16,901 companies in sector 62100 we hold annual accounts for 8,775. 6,572 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities

Scores and ratios are computed by Checked and are not a credit decision.