RedFox
Annual accounts 2025
micro format, filed on 27-03-2026, 34 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €250,000. Estimated: probably between €210,000 and €300,000.
Balance sheet
balance sheet total €501,302 on 30-09-2025in euro
in euro
Position in the sector
55.8%
Higher than 50% of 41,211 companies in 2025.
2.13
Higher than 51% of 39,782 companies in 2025.
17.0%
Higher than 55% of 40,303 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
501,302 | 408,507 | 335,607 | 268,936 | 226,374 | 199,647 | 188,725 | 173,163 | 113,648 | 80,325 | 103,205 | 132,256 | 139,586 | 106,748 | 100,705 | 64,361 | 41,298 | |
21/28 |
53,091 | 72,347 | 93,578 | 48,645 | 21,729 | 26,331 | 25,508 | 27,651 | 7,410 | 1,930 | 2,292 | 2,654 | 3,807 | 2,951 | 3,425 | 1,767 | 1,281 | |
22/27 |
51,575 | 70,831 | 92,062 | 47,128 | 20,212 | 24,815 | 23,992 | 26,135 | 6,219 | 1,165 | 1,527 | 1,889 | 3,042 | 2,186 | 2,660 | 1,002 | 516 | |
24 |
44,596 | 61,360 | 80,098 | 31,677 | 3,101 | 4,385 | 4,835 | 4,086 | 244 | 420 | 596 | 772 | 1,740 | 698 | 985 | 1,002 | 516 | |
26 |
6,979 | 9,471 | 11,963 | 15,451 | 17,111 | 20,429 | 19,157 | 22,049 | 5,974 | 744 | 930 | 1,116 | 1,303 | 1,489 | 1,675 | - | - | |
28 |
1,517 | 1,517 | 1,517 | 1,517 | 1,517 | 1,517 | 1,517 | 1,517 | 1,191 | 765 | 765 | 765 | 765 | 765 | 765 | 765 | 765 | |
29/58 |
448,211 | 336,159 | 242,029 | 220,291 | 204,645 | 173,316 | 163,216 | 145,512 | 106,239 | 78,395 | 100,913 | 129,603 | 135,779 | 103,797 | 97,281 | 62,594 | 40,018 | |
40/41 |
21,780 | 18,168 | 23,574 | 14,520 | 12,100 | 14 | 40,937 | 36,300 | 12,100 | 26,098 | 27,249 | 29,450 | 50,020 | 39,649 | 31,581 | 11,433 | 5,001 | |
40 |
21,780 | 18,150 | 21,912 | 14,520 | 12,100 | 0 | 36,300 | 36,300 | 12,100 | 8,540 | 25,746 | 29,450 | 50,020 | 37,750 | 31,581 | 11,386 | 5,000 | |
41 |
0 | 18 | 1,663 | - | 0 | 14 | 4,637 | - | - | 17,557 | 1,502 | - | - | 1,899 | - | 46 | 1 | |
50/53 |
58,658 | 160,244 | 13,409 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
367,053 | 155,876 | 204,625 | 205,357 | 190,381 | 170,847 | 119,362 | 106,738 | 90,038 | 52,298 | 66,664 | 98,683 | 84,324 | 62,483 | 63,607 | 49,691 | 34,758 | |
490/1 |
720 | 1,871 | 421 | 414 | 2,165 | 2,456 | 2,917 | 2,474 | 4,101 | - | 7,000 | 1,469 | 1,434 | 1,666 | 2,092 | 1,470 | 258 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
501,302 | 408,507 | 335,607 | 268,936 | 226,374 | 199,647 | 188,725 | 173,163 | 113,648 | 80,325 | 103,205 | 132,256 | 139,586 | 106,748 | 100,705 | 64,361 | 41,298 | |
10/15 |
279,905 | 222,975 | 189,319 | 166,832 | 150,660 | 166,507 | 140,519 | 116,888 | 91,128 | 66,950 | 35,350 | 110,360 | 56,590 | 30,238 | 8,364 | 33,850 | 23,940 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
251,966 | 193,317 | 160,662 | 137,342 | 120,371 | 135,417 | 108,629 | 84,198 | 57,638 | 33,460 | 1,860 | 103,860 | 1,860 | 1,860 | 1,860 | 11,860 | 1,860 | |
130/1 |
- | 0 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | 0 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | 0 | 2,216 | 8,021 | 8,021 | 5,805 | 3,708 | - | - | - | - | - | - | - | - | |
133 |
251,966 | 193,317 | 158,802 | 135,482 | 116,295 | 125,536 | 98,749 | 76,533 | 52,070 | 31,600 | - | 102,000 | - | - | - | 10,000 | - | |
14 |
21,740 | 23,458 | 22,457 | 23,290 | 24,090 | 24,890 | 25,690 | 26,490 | 27,290 | 27,290 | 27,290 | 300 | 48,530 | 22,178 | 304 | 15,790 | 15,880 | |
17/49 |
221,397 | 185,531 | 146,288 | 102,104 | 75,714 | 33,140 | 48,205 | 56,275 | 22,520 | 13,375 | 67,855 | 21,896 | 82,996 | 76,510 | 92,341 | 30,511 | 17,358 | |
42/48 |
210,769 | 177,080 | 142,125 | 100,415 | 74,750 | 32,607 | 47,421 | 55,400 | 21,644 | 13,375 | 66,224 | 19,625 | 81,484 | 76,091 | 90,528 | 29,381 | 17,358 | |
43 |
0 | 44 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
0 | 44 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
794 | 2,232 | 5,313 | 169 | 1,557 | 9,060 | 4,110 | 23,685 | 1,582 | - | 50 | 705 | 1,213 | 3,081 | 322 | 3,453 | 657 | |
440/4 |
794 | 2,232 | 5,313 | 169 | 1,557 | 9,060 | 4,110 | 23,685 | 1,582 | - | 50 | 705 | 1,213 | 3,081 | 322 | 3,453 | 657 | |
45 |
20,679 | 14,557 | 10,490 | 12,817 | 12,558 | 16,751 | 8,340 | 11,406 | 8,736 | 3,375 | 2,157 | 8,075 | 1,670 | 3,603 | 16,325 | 6,877 | 8,856 | |
450/3 |
20,679 | 14,557 | 10,490 | 12,817 | 12,558 | 16,751 | 8,340 | 11,406 | 8,736 | 3,375 | 2,157 | 8,075 | 1,670 | 3,603 | 16,325 | 6,877 | 8,856 | |
47/48 |
189,296 | 160,247 | 126,322 | 87,429 | 60,635 | 6,795 | 34,971 | 20,310 | 11,327 | 10,000 | 64,017 | 10,845 | 78,601 | 69,407 | 73,880 | 19,051 | 7,845 | |
492/3 |
10,627 | 8,451 | 4,164 | 1,690 | 964 | 534 | 784 | 875 | 876 | - | 1,631 | 2,271 | 1,512 | 418 | 1,813 | 1,130 | - | |
| Income statement | ||||||||||||||||||
76A |
- | 0 | 14,010 | - | - | - | - | - | 3,167 | - | - | - | - | - | - | - | - | |
9900 |
149,882 | 103,083 | 90,279 | 61,262 | 41,569 | 45,040 | 41,256 | 47,604 | 40,349 | 59,644 | 27,969 | 80,315 | 52,554 | 44,109 | 38,888 | 15,959 | 25,734 | |
630 |
21,515 | 22,143 | 18,849 | 16,291 | 4,602 | 4,162 | 4,002 | 3,630 | 1,172 | 362 | 362 | 1,692 | 1,803 | 473 | 473 | 197 | 964 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | -25,000 | - | 12,500 | 12,500 | - | - | - | |
640/8 |
400 | 387 | 384 | 348 | 348 | 348 | 348 | 348 | 577 | 617 | 619 | 614 | 611 | 604 | 596 | 713 | 695 | |
66A |
- | 0 | 33 | - | - | - | - | 108 | 744 | - | - | - | - | - | - | - | - | |
9901 |
127,968 | 80,553 | 71,013 | 44,624 | 36,619 | 40,531 | 36,906 | 43,518 | 37,856 | 58,665 | 51,988 | 78,009 | 37,640 | 30,532 | 37,819 | 15,049 | 24,075 | |
75/76B |
2,249 | 3,045 | - | - | 0 | 0 | - | 3 | 1,096 | 140 | 372 | 455 | 703 | 197 | 946 | 398 | 2 | |
75 |
2,249 | 3,045 | - | - | 0 | 0 | - | 3 | 1,096 | 140 | 372 | 455 | 703 | 197 | 946 | 398 | 2 | |
65/66B |
11,363 | 8,743 | 4,892 | 1,810 | 2,172 | 3,198 | 3,612 | 3,932 | 4,337 | 62 | 1,664 | 2,314 | 1,785 | 944 | 2,479 | 1,999 | 144 | |
65 |
11,363 | 8,743 | 4,892 | 1,810 | 2,172 | 3,198 | 3,612 | 3,932 | 4,337 | 62 | 1,664 | 2,314 | 1,785 | 944 | 2,479 | 1,999 | 144 | |
9903 |
118,854 | 74,854 | 66,121 | 42,814 | 34,447 | 37,333 | 33,294 | 39,588 | 34,614 | 58,743 | 50,696 | 76,150 | 36,557 | 29,785 | 36,286 | 13,447 | 23,933 | |
67/77 |
33,418 | 18,124 | 18,338 | 5,373 | 17,894 | 10,545 | 8,863 | 13,029 | 10,436 | 17,143 | 13,706 | 22,380 | 10,206 | 7,911 | 12,772 | 3,537 | 6,193 | |
9904 |
85,436 | 56,730 | 47,784 | 37,442 | 16,553 | 26,788 | 24,431 | 26,560 | 24,179 | 41,600 | 36,990 | 53,770 | 26,352 | 21,874 | 23,514 | 9,910 | 17,740 | |
789 |
- | - | 0 | 2,216 | 5,805 | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | 0 | 2,216 | 2,097 | 3,708 | - | - | - | - | - | - | - | - | |
9905 |
85,436 | 56,730 | 47,784 | 39,657 | 22,358 | 26,788 | 22,215 | 24,463 | 20,470 | 41,600 | 36,990 | 53,770 | 26,352 | 21,874 | 23,514 | 9,910 | 17,740 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
108,894 | 79,187 | 71,073 | 63,747 | 47,248 | 52,477 | 48,705 | 51,753 | 47,760 | 68,890 | 37,290 | 102,300 | 48,530 | 22,178 | 39,304 | 25,790 | 17,740 | |
14P |
23,458 | 22,457 | 23,290 | 24,090 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
26,788 | 24,075 | 24,463 | 20,470 | 31,600 | - | - | - | - | - | 102,000 | - | - | - | 10,000 | - | - | |
691/2 |
85,436 | 56,730 | 47,784 | 39,657 | 22,358 | 26,788 | 22,215 | 24,463 | 20,470 | 31,600 | - | 102,000 | - | - | - | 10,000 | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
85,436 | 56,730 | 47,784 | 39,657 | 22,358 | 26,788 | 22,215 | 24,463 | 20,470 | 31,600 | - | 102,000 | - | - | - | 10,000 | - | |
694/7 |
28,506 | 23,074 | 25,296 | 21,270 | 32,400 | 800 | 800 | 800 | - | 10,000 | 112,000 | - | - | - | 49,000 | - | - | |
694 |
28,506 | 23,074 | 25,296 | 21,270 | 32,400 | 800 | 800 | 800 | - | - | 102,000 | - | - | - | 49,000 | - | - | |
695 |
- | - | - | - | - | - | - | - | - | 10,000 | 10,000 | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 27-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 27-03-2026 | 2026-00066898 | |
| 30-09-2024 | micro format | 04-04-2025 | 2025-00064961 | |
| 30-09-2023 | micro format | 08-04-2024 | 2024-00059155 | |
| 30-09-2022 | micro format | 12-04-2023 | 2023-00057548 | |
| 30-09-2021 | micro format | 29-03-2022 | 2022-09100410 | |
| 30-09-2020 | micro format | 29-04-2021 | 2021-12300097 | |
| 30-09-2019 | micro format | 06-04-2020 | 2020-08800517 | |
| 30-09-2018 | micro format | 29-04-2019 | 2019-11400187 | |
| 30-09-2017 | micro format | 24-04-2018 | 2018-10500345 | |
| 30-09-2016 | abbreviated format | 23-03-2017 | 2017-07100544 | |
| 30-09-2015 | abbreviated format | 21-03-2016 | 2016-06600505 | |
| 30-09-2014 | abbreviated format | 08-12-2014 | 2014-68400333 | |
| 30-09-2013 | abbreviated format | 24-03-2014 | 2014-06900522 | |
| 30-09-2012 | abbreviated format | 18-03-2013 | 2013-06400531 | |
| 30-09-2011 | abbreviated format | 18-11-2011 | 2011-61100454 | |
| 30-09-2010 | abbreviated format | 31-03-2011 | 2011-07500494 | |
| 30-09-2009 | abbreviated format | 29-04-2010 | 2010-10500092 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 149,483 | 102,696 | 89,862 | 60,915 | 41,222 | 44,693 | 40,909 | 47,149 | 39,028 | 59,027 | 52,350 | 79,700 | 39,443 | 31,005 | 38,292 | 15,246 | 25,039 | ||
| 106,951 | 78,874 | 66,632 | 53,733 | 21,156 | 30,949 | 28,433 | 30,190 | 25,350 | 41,962 | 37,352 | 55,461 | 28,154 | 22,348 | 23,987 | 10,107 | 18,705 | ||
| 2,259 | 912 | 93,199 | 43,207 | 0 | 4,985 | 1,860 | 23,979 | 7,396 | 0 | 0 | 538 | 2,659 | 0 | 2,131 | 684 | 1,410 | ||
| 211,177 | -48,749 | -732 | 14,976 | 19,534 | 51,485 | 12,624 | 16,700 | 37,740 | -14,366 | -32,019 | 14,359 | 21,842 | -1,124 | 13,916 | 14,933 | - | ||
| 237,441 | 159,079 | 99,904 | 119,876 | 129,895 | 140,709 | 115,795 | 90,112 | 84,594 | 65,020 | 34,689 | 109,977 | 54,295 | 27,705 | 6,753 | 33,213 | 22,660 | ||
| 55.8% | 54.6% | 56.4% | 62.0% | 66.6% | 83.4% | 74.5% | 67.5% | 80.2% | 83.3% | 34.3% | 83.4% | 40.5% | 28.3% | 8.3% | 52.6% | 58.0% | ||
| 2.13 | 1.90 | 1.70 | 2.19 | 2.74 | 5.32 | 3.44 | 2.63 | 4.91 | 5.86 | 1.52 | 6.60 | 1.67 | 1.36 | 1.07 | 2.13 | 2.31 | ||
| 0.79 | 0.83 | 0.77 | 0.61 | 0.50 | 0.20 | 0.34 | 0.48 | 0.25 | 0.20 | 1.92 | 0.20 | 1.47 | 2.53 | 11.04 | 0.90 | 0.73 | ||
| 30.5% | 25.4% | 25.2% | 22.4% | 11.0% | 16.1% | 17.4% | 22.7% | 26.5% | 62.1% | 104.6% | 48.7% | 46.6% | 72.3% | 281.1% | 29.3% | 74.1% | ||
| 17.0% | 13.9% | 14.2% | 13.9% | 7.3% | 13.4% | 12.9% | 15.3% | 21.3% | 51.8% | 35.8% | 40.7% | 18.9% | 20.5% | 23.3% | 15.4% | 43.0% | ||
| 13.16 | 11.75 | 18.37 | 33.66 | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €2,259 | €912 | €93,199 | €43,207 |
| €21,515 | €22,143 | €18,849 | €16,291 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on RedFox
The operating result for 2025 is 59% higher than in 2024 and the highest since 2009. It is the fourth rise in a row, after the fall in 2021.
Debt's share of the balance-sheet total falls from 45.4% to 44.2%. Equity and debt are higher.