REDECO
REDECO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €17.73M and a net result of €966k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 86% of 678 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €17.73M |
| Net result | €966k |
| Better than sector | 86% |
| Active | 3 yrs |
Strong profile, led by stability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 93.8% | 44.9% | |
| Net result | €966k | €48k | |
| Equity | €17.73M | €1.36M | |
| Total assets | €18.90M | €5.58M |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €966k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €18.90M |
| Equity | €17.73M |
| Debt | €1.18M |
| of which ≤ 1y | €1.18M |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 93.8% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 5.1% |
| ROE | 5.5% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €18.90M |
| Fixed assets | 21/28 | €17.70M |
| Tangible fixed assets | 22/27 | €6k |
| Financial fixed assets | 28 | €17.69M |
| Current assets | 29/58 | €1.21M |
| Amounts receivable within one year | 40/41 | €1.18M |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €18.90M |
| Equity | 10/15 | €17.73M |
| Contributions / capital | 10/11 | €2.80M |
| Reserves | 13 | €6.40M |
| Accumulated profits (losses) | 14 | €8.52M |
| Amounts payable | 17/49 | €1.18M |
| Amounts payable within one year | 42/48 | €1.18M |
| Trade debts payable within one year | 44 | €31k |
| Income statement | ||
| Turnover | 70 | €91k |
| Operating result | 9901 | €-179k |
| Financial income | 75 | €1.18M |
| Financial charges | 65 | €32k |
| Result before taxes | 9903 | €966k |
| Net result for the period | 9904 | €966k |
| Result to be appropriated | 9905 | €966k |
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| A&C - bedrijfsrevisor BVCurrent Statutory auditor · represented by Bert De Clercq |
- | 26-11-2025 → present |
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 23-12-2022 |
| Status | Active |
| Postal code | 9100 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C0726/00A002 | Flanders | 2.5 ha | 1 · 1.5 ha | 10.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
26-11-2025 Bert De Clercq reappointed as statutory auditor
- Bert De Clercq, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_renew",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Bert De Clercq",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": null,
"name": "BV A\u0026C - Bedrijfsrevisor",
"address": null,
"country": null,
"legal_form": null
},
"evidence_quote": "de herbenoeming tot commissaris van de vennootschap: - van de BV A\u0026C - Bedrijfsrevisor, met maatschappelijke zetel te 9700 Oudenaarde, Jacob Lacopsstraat 20/0207, vertegenwoordigd door de heer Bert De Clercq, voor een periode van drie jaar, eindigend na de jaarvergadering die beraadslaagt over de ja"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0795.352.686",
"name_full": "REDECO",
"legal_form": "BV"
}
}10-07-2025 Change in the board of directors
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0795.352.686",
"name_full": "REDECO",
"legal_form": "BV"
}
}28-12-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "9100 Sint-Niklaas, Industriepark-Noord 14",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "0687.667.048",
"name": "BV CHARLES HOLDING, thans BV DISTRIDECO"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Aandelen zonder vermelding van waarde",
"partner_role": null,
"holder_org_kbo": "0687.667.048",
"holder_org_name": "BV CHARLES HOLDING, thans BV DISTRIDECO",
"contribution_type": "in_kind",
"amount_paid_in_eur": 13602335.12,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 5000,
"amount_subscribed_eur": 13602335.12,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 13602335.12,
"subject_company": {
"kbo": "0795.352.686",
"name_full": "REDECO",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-12-21",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | REDECO |