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REDIC

Active Private limited companyfounded 2021active for 5 yearsPaardenkerkhofstraat 122, 2800 MechelenKBO/BCE: BE 0776.724.035

Lifetime

1 annual account with figures
peak €13,198 (2023)
€13,198 
peak €8,497 (2023)
€8,497 
peak €10,725 (2023)
€10,725 
€21,828 
Board2 names since 2021
1 directorKENT & SUSSEX ELECTRICAL ENGINERING LTD M.
Documentsfilings and deeds
23-01-2025358 days late
2023micro format
First year with figures

Key points

from the 2023 annual accounts

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Position in the sector

€10,725

Less equity than 83% of companies in specialised construction. Sector median €56,797 · 33,171 companies.

2023 accounts filed 358 days after the deadline2023 figures too old to score

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: Filed more than 90 days late
Bankruptcy probability within 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 12.8%lowest value 01-2025: 12.8%● unchanged vs 12-2024lowest value 02-2025: 15.4%▲ +2.6 percentage points vs 01-2025 03-2025: 15.8%▲ +0.4 percentage points vs 02-2025 04-2025: 18.9%▲ +3.1 percentage points vs 03-2025 05-2025: 17.9%▼ -1.0 percentage point vs 04-2025 06-2025: 19.8%▲ +1.9 percentage points vs 05-2025 07-2025: 22.7%▲ +2.9 percentage points vs 06-2025 08-2025: 22.7%● unchanged vs 07-2025 09-2025: 23.2%▲ +0.5 percentage points vs 08-2025 10-2025: 22.0%▼ -1.2 percentage points vs 09-2025 11-2025: 21.9%▼ -0.1 percentage points vs 10-2025 12-2025: 21.6%▼ -0.3 percentage points vs 11-2025 01-2026: 21.6%● unchanged vs 12-2025 02-2026: ≥ 25%▲ +3.5 percentage points vs 01-2026 03-2026: ≥ 25%● unchanged vs 02-2026 04-2026: 22.8%▼ -2.3 percentage points vs 03-2026 05-2026: 22.8%● unchanged vs 04-2026 06-2026: 22.8%● unchanged vs 05-2026 07-2026: 22.8%● unchanged vs 06-2026 08-2026: ≥ 25%▲ +6.6 percentage points vs 07-2026highest value 09-2026: ≥ 25%● unchanged vs 08-2026highest value 11-2026: ≥ 25%

Financial strength, FY 2023
Average

58equity 32.9% of total assets
14short-term debt 67.1% · cash 0.1%
100return on assets 26.1%
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Signals

Seven signals.
raises riskneutral
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 359 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2023 (filed on 29-01-2025)
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
raises risk · 2023 accounts filed 358 days late
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 23-01-2025, 358 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 · 1 filing
Deviation from the deadline
2023
358 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2023 accounts 358 days after the deadline. In the sector (NACE 43), the median for financial year 2023 was 1 day before the deadline, and 44% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 2 notices about the company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
UBO non-complianceAddress strikeout annulled

Board and ownership

KS
KENT & SUSSEX ELECTRICAL ENGINERING LTD M.
Director
Board & ownership

Recent changes

Bankruptcy reversal Enterprise Court of Antwerp, Mechelen division · judgment of 02-11-2026 · Bankruptcy
Bankruptcy published Enterprise Court of Antwerp, Mechelen division · judgment of 21-09-2026 · Bankruptcy
Address strikeout annulled KBO administration
Registered-office move Board meeting of 08-03-2023 · Gazette deed
All 9 events

Comparable companies

same main activity, similar in size and age
Company
REDIC Mechelen €32,553 €13,198 32.9% -
PIXRED Braine-l'Alleud €30,706 €11,704 76.1% -
TECHNOTRONIC Ardooie €33,493 €12,643 87.6% -
CREA ELEC BUILDING Sint-Pieters-Leeuw €33,488 €15,179 -87.6% -
SL Elektro Roeselare €28,647 €13,611 75.1% -
HS SOLUTIONS Ghent €31,614 €13,346 81.4% -
Pollie Technics Harelbeke €37,652 €12,171 39.3% -

These companies have the same main activity as REDIC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €28,600 and €37,700, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 02-11-2021Normal situation
Activity
General electrical installation workNACE 43211
Establishment unit
2.323.907.2912800 Mechelen, since 02-11-2021
Financial year end
30 June
Peppol
Reachable since 24-12-2025
Company details

Annual accounts to 30-06-2023

€32,553
Filing
Filed on 23-01-2025
Financials

Insights on REDIC

The file of REDIC contains 2 historical bankruptcy publications and 1 administrative flag, as published in the Belgian Official Gazette. The latest annual accounts of REDIC were filed more than 90 days after the deadline.

The computed 12-month bankruptcy probability is at least 25% (high). The 2023 annual accounts show equity of €10,725 and a net result of €8,497.

Its solvency ranks better than 36% of 33,151 sector peers (NACE 43, financial year 2023).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about REDIC

What is the company number of REDIC?
The company number of REDIC is 0776.724.035. The VAT number is the same number with BE in front: BE 0776.724.035.
Where is REDIC based?
The registered office is at Paardenkerkhofstraat 122, 2800 Mechelen.Company details
What does REDIC do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of REDIC?
REDIC is a private limited company (BV).
When was REDIC founded?
REDIC was founded on 02-11-2021.
Is REDIC still active?
Yes, REDIC is an active enterprise in the KBO register.
What is the turnover of REDIC?
The turnover in financial year 2023 is ≈ €110,000. This figure is estimated from the gross margin of €13,198 and 97 comparable companies (NACE 43211). It probably lies between €71,000 and €230,000. It is a rough estimate.Financials
Is REDIC profitable?
In financial year 2023, REDIC made a profit of €8,497.
Where can I find the annual accounts of REDIC?
REDIC filed 1 annual account with the National Bank of Belgium, for financial year 2023.

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