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REDECOM

Active
Private limited companyfounded 20206 yrs activeLouizalaan 380, 1050 Brussel, BelgiumKBO/BCE: BE 0748.830.496
Summary

REDECOM has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €47k. Equity is growing by ~59.4% per year across the filed fiscal years. Its solvency ranks better than 27% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability45▲+6
Solvency34▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.0 in 2024; short-term debt: 8.3% and cash: 5.2% of total assets), and 91.2% of the assets are financed with debt.
Credit check 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
8.8%
Return on assets
3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
9 d early
2024
21 d late
2023
22 d late
2022
25 d late
2021
26 d early
← before the deadline after the deadline →
Checked, nothing found (2)
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
25-09-2026 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
€47k▲ 57.6%
2024 · €30k
2021: €-22klowest in 5 years 2022: €41k▲ +290% vs 2021 2023: €32k▼ -23.4% vs 2022 2024: €30k▼ -5.2% vs 2023 2025: €47k▲ +57.6% vs 2024highest in 5 years
2021 → 2025
Working capital
€16k▲ 17,589%
2024 · €93
2021: €-1.47Mlowest in 5 years 2022: €-1.46M▲ +0.8% vs 2021 2023: €-937▲ +99.9% vs 2022 2024: €93▲ +110% vs 2023 2025: €16k▲ +17589% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-12k-€30k€61k▲ 107%€91k▲ 49.0%€138k▲ 51.8% 2021: €-12klowest in 5 years 2022: €30k▲ +353% vs 2021 2023: €61k▲ +107% vs 2022 2024: €91k▲ +49.0% vs 2023 2025: €138k▲ +51.8% vs 2024highest in 5 years
Operating result€-14k-€48k€100k▲ 107%€92k▼ 7.9%€110k▲ 20.4% 2021: €-14klowest in 5 years 2022: €48k▲ +449% vs 2021 2023: €100k▲ +107% vs 2022 2024: €92k▼ -7.9% vs 2023 2025: €110k▲ +20.4% vs 2024highest in 5 years
Net result€-22k-€41k€32k▼ 23.4%€30k▼ 5.2%€47k▲ 57.6% 2021: €-22klowest in 5 years 2022: €41k▲ +290% vs 2021 2023: €32k▼ -23.4% vs 2022 2024: €30k▼ -5.2% vs 2023 2025: €47k▲ +57.6% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €-14k€-14kNet result 2021: €-22k€-22kOperating result 2022: €48k€48kNet result 2022: €41k€41kOperating result 2023: €100k€100kNet result 2023: €32k€32kOperating result 2024: €92k€92kNet result 2024: €30k€30kOperating result 2025: €110k€110kNet result 2025: €47k€47k20212022202320242025€0€50k€100kOperating result 2023: €100k€100kNet result 2023: €32k€32kOperating result 2024: €92k€92kNet result 2024: €30k€30kOperating result 2025: €110k€110kNet result 2025: €47k€47k202320242025
The operating result recovers in 2025; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.58M
Fixed assets €1.43M ▼ 1.4%
Current assets €147k ▲ 34.8%
Equity and liabilities €1.58M
Equity €138k ▲ 51.8%
Debt €1.44M ▼ 2.0%
Debt's share of the balance-sheet total falls from 94.1% to 91.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€130k▲
2024 · €111k
Cash flow
€67k▲
2024 · €50k
Current ratio
1.13▲
2024 · 1.00
Debt to equity
10.38▼
2024 · 16.08
ROE
34.1%▲
2024 · 32.9%
ROA
3.0%▲
2024 · 1.9%
Interest coverage
2.66▲
2024 · 2.18
Debt ≤ 1 year
€131k▲
2024 · €109k
Debt > 1 year
€1.30M▼
2024 · €1.35M
Income taxes
€16k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.56M€1.58M▲
Fixed assets21/28€1.45M€1.43M▼
Tangible fixed assets22/27€1.45M€1.43M▼
Land and buildings22€1.45M€1.43M▼
Current assets29/58€109k€147k▲
Amounts receivable within one year40/41€0€63k▲
Trade receivables40€0€10k▲
Other amounts receivable41€0€52k▲
Cash at bank and in hand54/58€107k€82k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.56M€1.58M▲
Equity10/15€91k€138k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€81k€128k▲
Amounts payable17/49€1.47M€1.44M▼
Amounts payable after more than one year17€1.35M€1.30M▼
Financial debts170/4€1.35M€1.30M▼
Amounts payable within one year42/48€109k€131k▲
Current portion of amounts payable after more than one year42€48k€50k▲
Trade debts44€33k€44k▲
Suppliers440/4€33k€44k▲
Taxes, remuneration and social security45€28k€37k▲
Taxes450/3€28k€37k▲
Accrued charges and deferred income492/3€11k€10k▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k=
Other operating charges640/8€9k€9k▼
Gross operating margin9900€120k€138k▲
Operating profit (loss)9901€92k€110k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€51k€49k▼
Recurring financial charges65€51k€49k▼
Profit (loss) for the period before taxes9903€41k€64k▲
Income taxes67/77€11k€16k▲
Profit (loss) for the period9904€30k€47k▲
Profit (loss) for the period to be appropriated9905€30k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€81k€128k▲
Profit (loss) brought forward from the previous period14P€51k€81k▲

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€102k€19k€20k€20k€20k=
Other operating charges640/8€757€410€8k€9k€9k▼ 7.7%
Gross operating margin9900€89k€67k€127k€120k€138k▲ 14.9%
Operating profit (loss)9901€-14k€48k€100k€92k€110k▲ 20.4%
Financial income75/76B----€2k-
Recurring financial income75----€2k-
Financial charges65/66B€8k€111€56k€51k€49k▼ 4.4%
Recurring financial charges65€8k€111€56k€51k€49k▼ 4.4%
Profit (loss) for the period before taxes9903€-22k€48k€43k€41k€64k▲ 57.0%
Income taxes67/77-€7k€12k€11k€16k▲ 55.1%
Profit (loss) for the period9904€-22k€41k€32k€30k€47k▲ 57.6%
Profit (loss) for the period to be appropriated9905€-22k€41k€32k€30k€47k▲ 57.6%
Line20212022202320242025Change
Assets
Total assets20/58€1.67M€1.74M€1.58M€1.56M€1.58M▲ 1.2%
Fixed assets21/28€1.48M€1.49M€1.47M€1.45M€1.43M▼ 1.4%
Tangible fixed assets22/27€1.48M€1.49M€1.47M€1.45M€1.43M▼ 1.4%
Land and buildings22€1.48M€1.49M€1.47M€1.45M€1.43M▼ 1.4%
Current assets29/58€190k€257k€108k€109k€147k▲ 34.8%
Stocks and contracts in progress3€10k-----
Contracts in progress37€10k-----
Amounts receivable within one year40/41€12k€26k€16k€0€63k-
Trade receivables40€12k-€9k€0€10k-
Other amounts receivable41-€26k€7k€0€52k-
Cash at bank and in hand54/58€156k€231k€92k€107k€82k▼ 23.2%
Deferred charges and accrued income490/1€13k--€2k€2k▲ 4.9%
Equity and liabilities
Total equity and liabilities10/49€1.67M€1.74M€1.58M€1.56M€1.58M▲ 1.2%
Equity10/15€-12k€30k€61k€91k€138k▲ 51.8%
Contributions10/11€10k€10k€10k€10k€10k=
Profit (loss) carried forward14€-22k€20k€51k€81k€128k▲ 58.2%
Amounts payable17/49€1.68M€1.71M€1.51M€1.47M€1.44M▼ 2.0%
Amounts payable after more than one year17--€1.39M€1.35M€1.30M▼ 3.7%
Financial debts170/4--€1.39M€1.35M€1.30M▼ 3.7%
Amounts payable within one year42/48€1.66M€1.71M€109k€109k€131k▲ 19.9%
Current portion of amounts payable after more than one year42--€47k€48k€50k▲ 3.6%
Financial debts43€1.66M€1.66M€0---
Credit institutions430/8€1.66M€1.66M€0---
Trade debts44-€50k€48k€33k€44k▲ 33.9%
Suppliers440/4-€50k€48k€33k€44k▲ 33.9%
Taxes, remuneration and social security45€2k€7k€14k€28k€37k▲ 31.6%
Taxes450/3€2k€7k€14k€28k€37k▲ 31.6%
Accrued charges and deferred income492/3€18k-€11k€11k€10k▼ 4.5%
Line20212022202320242025Change
Profit (loss) for the period9904€-22k€41k€32k€30k€47k▲ 57.6%
+ Depreciation and write-downs630€102k€19k€20k€20k€20k=
Operating cash flow (approximation)€81k€60k€51k€50k€67k▲ 34.9%
Investment in fixed assets (approximation)-€-30k€0€0€0-
Change in cash-€75k€-139k€15k€-25k▼ 269%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2021net €47k ▲57.6%
Operating result €110k, net result €47k, both a record.
31-12
Financial Equity above €100kEq €138k ▲51.8%
4 profitable years in a row build equity to €138k.
21-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 21 days late
2024
22-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 22 days late
2023
25-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
31-12
Financial Back to profitnet €41k
Net result €41k after one loss-making year.
05-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
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 2020
seat establishment The establishment unit on the map
Ground area
420 m²
Building footprint
419 m²
Volume, LiDAR
6,636 m³
Parcel 21807G0180/00P004, Brussels · tallest building 26.2 m, ±7 floors. Linked by address, not a title deed.
51 companies at this address See who is registered here
1 establishment unit
REDECOM
Louizalaan 380, 1050 ElseneReal estate development
since 20202.304.544.113
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0180/00P004 Brussels 420 m² 1 · 419 m² 26.2 m · 7 fl.
Linked by address, not proof of ownership
Good to know
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 12,041 companies in sector 68203 we hold annual accounts for 5,989. 4,028 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
Founded22-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68121Development of residential building projects
70200Business and other management consultancy

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