REDEV (0547.978.833): financials and annual accounts

REDEV

Watermael-Boitsfort ·KBO/BCE: BE 0547.978.833

Line	2025	2024	2022	2021	2020	2019	2018	2017	2016	2015
Balance sheet: assets
Total assets`20/58`	1.3m	769,537	639,419	1.2m	999,224	743,011	99,608	124,569	475,014	78,811
Fixed assets`21/28`	1,517	2,506	5,539	7,056	-	-	-	-	-	-
Intangible fixed assets`21`	1,517	2,506	5,539	7,056	-	-	-	-	-	-
Current assets`29/58`	1.3m	767,031	633,880	1.2m	999,224	743,011	99,608	124,569	475,014	78,811
Stocks and contracts in progress`3`	1.3m	759,892	611,284	469,002	691,366	265,212	47,157	8,670	64,924	-
Stocks`30/36`	1.3m	759,892	611,284	469,002	691,366	265,212	47,157	8,670	64,924	-
Amounts receivable within one year`40/41`	7,709	5,437	16,929	333,241	6,529	399,681	44,131	9,321	264,878	26,635
Trade receivables`40`	2,924	2,924	2,869	330,741	3,422	392,186	12,317	4,707	262,378	18,719
Other amounts receivable`41`	4,785	2,513	14,060	2,500	3,107	7,495	31,814	4,614	2,500	7,916
Cash at bank and in hand`54/58`	924	1,703	4,970	415,088	297,450	47,572	3,594	105,010	144,552	48,217
Deferred charges and accrued income`490/1`	527	-	697	2,747	3,878	30,546	4,726	1,569	660	3,959
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	1.3m	769,537	639,419	1.2m	999,224	743,011	99,608	124,569	475,014	78,811
Equity`10/15`	-155,620	-73,857	19,291	13,480	-125,418	-43,611	-30,093	-899	8,280	6,477
Contributions`10/11`	6,200	6,200	6,200	6,200	-	6,200	6,200	6,200	6,200	6,200
Issued capital`100`	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	12,400	12,400	12,400	12,400	12,400
Contributions outside capital`11`	-	-	-	-	6,200	-	-	-	-	-
Share premium`1100/10`	-	-	-	-	6,200	-	-	-	-	-
Reserves`13`	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	14
Non-distributable reserves`130/1`	-	-	-	-	1,860	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	1,860	1,860	1,860	1,860	14
Other`1319`	-	-	-	-	1,860	-	-	-	-	-
Distributable reserves`133`	1,860	1,860	1,860	1,860	-	-	-	-	-	-
Profit (loss) carried forward`14`	-163,680	-81,917	11,231	5,420	-133,478	-51,671	-38,153	-8,959	220	263
Amounts payable`17/49`	1.4m	843,394	620,129	1.2m	1.1m	786,622	129,701	125,468	466,734	72,334
Amounts payable within one year`42/48`	1.4m	843,394	620,129	1.2m	1.1m	786,622	129,701	125,468	466,734	72,334
Financial debts`43`	-	-	-	191,503	369,705	-	-	-	-	-
Credit institutions`430/8`	-	-	-	191,503	369,705	-	-	-	-	-
Trade debts`44`	674	23,281	34,559	180,562	54,446	281,491	12,524	101,271	180,290	67,077
Suppliers`440/4`	674	23,281	34,559	180,562	54,446	281,491	12,524	101,271	180,290	67,077
Advances received on contracts in progress`46`	-	-	-	347,506	213,572	-	-	-	-	-
Taxes, remuneration and social security`45`	1,456	1,298	2,115	46,163	86,895	668	-	-	20,487	3,324
Taxes`450/3`	1,456	1,298	2,115	46,163	86,895	668	-	-	20,487	3,324
Other amounts payable`47/48`	1.4m	818,816	583,455	447,721	398,315	504,463	117,177	24,197	265,957	1,933
Accrued charges and deferred income`492/3`	-	-	-	200	1,709	-	-	-	-	-
Income statement
Gross operating margin`9900`	-40,048	-43,935	28,351	163,219	-31,543	12,534	-28,313	-10,606	119,155	1,110
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	989	1,517	1,517	528	-	-	-	-	-	-
Other operating charges`640/8`	387	960	868	383	32,948	2,397	803	420	436	751
Non-recurring operating charges`66A`	-	-	-	-	5,730	369	-	-	-	-
Operating profit (loss)`9901`	-41,425	-46,412	25,966	162,308	-70,222	9,767	-29,116	-11,025	118,719	359
Financial income`75/76B`	0	1	138	1	2,134	21	0	1,879	88	40
Recurring financial income`75`	0	1	138	1	2,134	21	0	1,879	88	40
Financial charges`65/66B`	40,338	224	18,692	20,868	13,719	23,306	78	32	11,580	58
Recurring financial charges`65`	40,338	224	18,692	20,868	13,719	23,306	78	32	11,580	58
Profit (loss) for the period before taxes`9903`	-81,763	-46,636	7,413	141,441	-81,807	-13,518	-29,194	-9,179	107,227	341
Income taxes`67/77`	-	-	1,602	2,544	-	-	-	-	1,024	64
Profit (loss) for the period`9904`	-81,763	-46,636	5,811	138,898	-81,807	-13,518	-29,194	-9,179	106,203	277
Profit (loss) for the period to be appropriated`9905`	-81,763	-46,636	5,811	138,898	-81,807	-13,518	-29,194	-9,179	106,203	277
Appropriation of the result
Profit (loss) to be appropriated`9906`	-163,680	-81,917	11,231	5,420	-133,478	-51,671	-38,153	-8,959	106,466	277
Profit (loss) brought forward from the previous period`14P`	-81,917	-35,282	5,420	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	1,846	14
To the legal reserve`6920`	-	-	-	-	-	-	-	-	1,846	14
Profit to be distributed`694/7`	-	-	-	-	-	-	-	-	104,400	-
Directors or managers`695`	-	-	-	-	-	-	-	-	104,400	-
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Financial year	Type	Filed	Reference	Document
31-03-2025	micro format	29-09-2025	2025-00517730	PDF
31-03-2024	micro format	31-10-2024	2024-00527994	PDF
31-03-2022	full format	28-10-2022	2022-20484754	PDF
31-03-2021	full format	29-12-2021	2021-82000424	PDF
31-03-2020	micro format	28-01-2021	2021-04300575	PDF
31-03-2019	micro format	28-11-2019	2019-74900530	PDF
31-03-2018	micro format	30-10-2018	2018-71600013	PDF
31-03-2017	micro format	31-10-2017	2017-68900294	PDF
31-03-2016	full format	15-11-2016	2016-67900413	PDF
31-03-2015	full format	29-02-2016	2016-05400149	PDF

Line	2025	2024	2022	2021	2020	2019	2018	2017	2016	2015
EBITDA	-40,435	-44,896	27,483	162,836	-	-	-	-	-	-
Cash flow	-80,773	-45,119	7,328	139,425	-	-	-	-	-	-
Investment in fixed assets (approximation)	0	-	0	7,584	-	-	-	-	-	-
Change in cash	-778	-	-410,117	117,638	249,878	43,978	-101,415	-39,542	96,335	-
Working capital	-157,137	-76,363	13,751	6,623	-123,709	-43,611	-30,093	-899	8,280	6,477
Solvency	-12.1%	-9.6%	3.0%	1.1%	-12.6%	-5.9%	-30.2%	-0.7%	1.7%	8.2%
Current ratio	0.89	0.91	1.02	1.01	0.89	0.94	0.77	0.99	1.02	1.09
Quick ratio	0.01	0.01	0.04	0.62	0.27	0.61	0.40	0.92	0.88	1.09
Debt to equity	-	-	32.15	90.04	-	-	-	-	56.37	11.17
ROE	-	-	30.1%	-	-	-	-	-	-	4.3%
ROA	-6.4%	-6.1%	0.9%	11.3%	-8.2%	-1.8%	-29.3%	-7.4%	22.4%	0.4%
Interest coverage	-1.00	-200.43	1.47	-	-	-	-	-	-	-

REDEV

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-12.1%

Current ratio0.89

Return on assets-6.4%

Filed annual accounts

Filings

Key figures and ratios

Insights on REDEV

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