RedElec

Active

Private limited company (pre-2019)founded 2016active for 9 yearsRue de Falen,Havrenne 8, 5580 Rochefort, BelgiumKBO/BCE: BE 0667.806.002

Summary

The computed 12-month bankruptcy probability of RedElec is 14.5% (high). For RedElec, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€27,699) and a net result of -€29,867. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 30,362 sector peers (NACE 43, financial year 2022). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

RedElecActive

Risk analysis Report Compare

Activity

Electrical installation work in industrial facilities

NACE 43212

1 site

Size

€92,871total assets 2022

Staff: ≈ 0.4 FTE, estimated
Equity: -€27,699
Loss: -€29,867

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 14.5%

2022 figures too old to score

Structure

2023 accounts not filed, 819 days past the deadline1 deed in the Belgian Official Gazette

Signalsraises risk3 financial years not filed after the legal deadline; last filed accounts filed 402 days late; 2 of the last 3 lateFigures for financial year 2022 (filed 06-09-2024)Size: total assets €92,871Loss of €29,867 (financial year 2022)Two or more financial years not filed2022 accounts filed 402 days lateShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: High

Filing: At least two filing cycles are missing

Financial strength, FY 2022 · tick = 2021

Weak

Solvency 0-27

equity -29.8% of total assets

Liquidity 11-7

short-term debt 120.4% · cash 8.4%

Profitability 0-55

return on assets -32.2%

Bankruptcy probability, 12 months

14.5% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)

Last 24 months 11-2024: 8.8%lowest value 12-2024: 9.9%▲ +1.1 percentage points vs 11-2024 01-2025: 12.6%▲ +2.7 percentage points vs 12-2024 02-2025: 12.5%▼ -0.1 percentage points vs 01-2025 03-2025: 12.8%▲ +0.3 percentage points vs 02-2025 04-2025: 12.1%▼ -0.7 percentage points vs 03-2025 05-2025: 12.1%● unchanged vs 04-2025 06-2025: 11.9%▼ -0.2 percentage points vs 05-2025 07-2025: 11.9%● unchanged vs 06-2025 08-2025: 14.7%▲ +2.8 percentage points vs 07-2025highest value 09-2025: 14.7%● unchanged vs 08-2025highest value 10-2025: 14.6%▼ -0.1 percentage points vs 09-2025 11-2025: 14.6%● unchanged vs 10-2025 12-2025: 14.6%● unchanged vs 11-2025 01-2026: 14.6%● unchanged vs 12-2025 02-2026: 14.6%● unchanged vs 01-2026 03-2026: 14.6%● unchanged vs 02-2026 04-2026: 14.6%● unchanged vs 03-2026 05-2026: 14.6%● unchanged vs 04-2026 06-2026: 14.6%● unchanged vs 05-2026 07-2026: 14.6%● unchanged vs 06-2026 08-2026: 13.8%▼ -0.8 percentage points vs 07-2026 09-2026: 13.8%● unchanged vs 08-2026 10-2026: 14.5%▲ +0.7 percentage points vs 09-2026

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

raises risk

3 financial years not filed after the legal deadline; last filed accounts filed 402 days late; 2 of the last 3 late

NBB · filings

Figures for financial year 2022 (filed 06-09-2024)

NBB · annual accounts

Size: total assets €92,871

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Loss of €29,867 (financial year 2022)

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 6 filings

Position against the passed deadline

31-12-2023 year end31-07-2024 deadline28-10-2026 today

2022 accounts filed 402 days late

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 05-09-2024, 402 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 6 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

402 days late

2021

31 days late

2020

87 days early

2019

1 day early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 86 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

05-09-2024 Annual accounts filedfinancial year 2022 · micro…
31-12-2022 Weakest financial yearnet -€29,867
31-08-2022 Annual accounts filedfinancial year 2021 · micro…

Key points

Risk: 2023 accounts not fileddeadline was 31-07-2024 819 days past the deadline View
Risk: Negative equityfinancial year 2022: debts exceed assets -€27,699 View
Caution: Among the weakest 5% on solvencysector median 43.9% · 30,362 companies -29.8% View

By topic

Financials

Financial year: 2022
Total assets: €92,871
Loss: -€29,867
Solvency: -29.8%

Total assets▲ 58.5%

Net result

20182022

Go to Financials

Timeline

Events: 8
Since: 2018

05-05-2021Annual accounts filed
31-12-2020Back to profit
30-07-2020Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: Electrical installation work in industrial facilitiesNACE 43212
Founded: 19-12-2016
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about RedElec

What is the company number of RedElec?: 0667.806.002. In Belgium the VAT number is the company number with BE in front: BE 0667.806.002.
Where is RedElec based?: The registered office is at Rue de Falen,Havrenne 8, 5580 Rochefort.Company details
What does RedElec do?: According to the KBO register, the main activity is electrical installation work in industrial facilities (NACE 43212).
What is the legal form of RedElec?: Private limited company (pre-2019) (BVBA).
When was RedElec founded?: On 19-12-2016.
Is RedElec still active?: Yes, RedElec is an active enterprise in the KBO register.
How many employees does RedElec have?: On average 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of RedElec?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is RedElec profitable?: In financial year 2022, RedElec made a loss of €29,867.
Where can I find the annual accounts of RedElec?: RedElec filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2022.