REDECOM
ActiveSummary
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 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
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 2025Solvency, 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 filingsDeviation 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
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
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
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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
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
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
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.
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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.