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
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
≥ 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 months12-2024: 12.8%lowest value01-2025: 12.8%● unchanged vs 12-2024lowest value02-2025: 15.4%▲ +2.6 percentage points vs 01-202503-2025: 15.8%▲ +0.4 percentage points vs 02-202504-2025: 18.9%▲ +3.1 percentage points vs 03-202505-2025: 17.9%▼ -1.0 percentage point vs 04-202506-2025: 19.8%▲ +1.9 percentage points vs 05-202507-2025: 22.7%▲ +2.9 percentage points vs 06-202508-2025: 22.7%● unchanged vs 07-202509-2025: 23.2%▲ +0.5 percentage points vs 08-202510-2025: 22.0%▼ -1.2 percentage points vs 09-202511-2025: 21.9%▼ -0.1 percentage points vs 10-202512-2025: 21.6%▼ -0.3 percentage points vs 11-202501-2026: 21.6%● unchanged vs 12-202502-2026: ≥ 25%▲ +3.5 percentage points vs 01-202603-2026: ≥ 25%● unchanged vs 02-202604-2026: 22.8%▼ -2.3 percentage points vs 03-202605-2026: 22.8%● unchanged vs 04-202606-2026: 22.8%● unchanged vs 05-202607-2026: 22.8%● unchanged vs 06-202608-2026: ≥ 25%▲ +6.6 percentage points vs 07-2026highest value09-2026: ≥ 25%● unchanged vs 08-2026highest value11-2026: ≥ 25%
Financial strength, FY 2023
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
Average
58equity 32.9% of total assets
14short-term debt 67.1% · cash 0.1%
100return on assets 26.1%
Credit check for an amount and term of your choice
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.
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.
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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).
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.