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Redix Studios

Active
Private limited companyfounded 2021active for 5 yearsGraaf van Landaststraat 43, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0769.870.588

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 1 November 2026.

Annual accounts 2023 filed on 20-08-2024 PDF all 2 filings

Turnover
≈ €55,000
Estimated: probably between €32,000 and €230,000
Total assets
€17,634▲ 292%
2022 · €4,497
Net result
€3,516
2022 · -€2,829
Working capital
€256
2022 · -€2,605
Trend over the years

2022 to 2023, 2 financial years

The operating result for 2023 is a profit of €4,274, after a loss of €2,829 in 2022.

Operating result€4,274 2023 Net result€3,516 2023

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets and working capital.

Every figure with its change against the financial year before
favourable unfavourable
Line20222023
Operating result-€2,829-€4,274
Net result-€2,829within the sector's middle half-€3,516within the sector's middle half
Equity-€429below the sector's middle half-€3,086below the sector's middle half
Total assets€4,497below the sector's middle half-€17,634below the sector's middle half▲ 292%
Debt€4,926-€14,547▲ 195%
Working capital-€2,605within the sector's middle half-€256within the sector's middle half
Solvency17.5%within the sector's middle half
Current ratio1.02within the sector's middle half
Return on assets (ROA)19.9%above the sector's middle half
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €16,078
Fixed assets €1,275
Current assets €14,803
Equity and liabilities €17,634
Equity €3,086
Debt €14,547
Debt's share of the balance-sheet total is 82.5%.
Key figures and ratios
2023 value · change against 2022
EBITDA
€4,912▲
2022 · -€1,905
Cash flow
€4,154▲
2022 · -€1,905
Debt to equity
4.71
ROE
113.9%
Interest coverage
25.78▲
2022 · -12699.33
Debt ≤ 1 year
€14,547▲
2022 · €4,926
Income taxes
€568
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as Redix Studios: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €17,100 and €62,300, founded between 2017 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
Redix Studios Oudenaarde2021€17,634€3,086€5,626€3,5162023
Sonic8 EU Houyet2021€37,407€9,815€3,197€1,1442025
KURT FONTAINE Bilzen-Hoeselt2023€25,746€13,013€6,250€9582025
TIS-DOMOTICA Sint-Niklaas2020€62,280€41,568€4,749€1,5392025
BRANDSCONCEPT Brussel2022€17,110€14,711-€20,393-€22,9512025
Kamado Belgium Zottegem2018€60,439€23,768€5,632-€2522025
Musiq4All Ronse2017€43,704€38,232€9,968€1,1962025

They were chosen from the 707 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 33 lines

Source: Annual accounts 2023 (PDF), filed on 20-08-2024.

Balance sheet Code20222023
Assets
Total assets20/58€4,497€17,634▲
Formation expenses20€2,176€1,556▼
Fixed assets21/28-€1,275
Tangible fixed assets22/27-€1,275
Furniture and vehicles24-€1,275
Current assets29/58€2,321€14,803▲
Amounts receivable within one year40/41€2,244€14,500▲
Trade receivables40€1,809€12,251▲
Other amounts receivable41€435€2,249▲
Cash at bank and in hand54/58€78€302▲
Equity and liabilities
Total equity and liabilities10/49€4,497€17,634▲
Equity10/15-€429€3,086▲
Contributions10/11€2,400€2,400=
Profit (loss) carried forward14-€2,829€686▲
Amounts payable17/49€4,926€14,547▲
Amounts payable within one year42/48€4,926€14,547▲
Trade debts44€3,856€7,352▲
Suppliers440/4€3,856€7,352▲
Taxes, remuneration and social security45-€5,682
Taxes450/3-€5,682
Other amounts payable47/48€1,070€1,513▲
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€924€638▼
Other operating charges640/8€91€714▲
Gross operating margin9900-€1,814€5,626▲
Operating profit (loss)9901-€2,829€4,274▲
Financial charges65/66B€0€191▲
Recurring financial charges65€0€191▲
Profit (loss) for the period before taxes9903-€2,829€4,084▲
Income taxes67/77-€568
Profit (loss) for the period9904-€2,829€3,516▲
Profit (loss) for the period to be appropriated9905-€2,829€3,516▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,829€686▲
Profit (loss) brought forward from the previous period14P--€2,829

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€924€638▼ 30.9%
Other operating charges640/8€91€714▲ 689%
Gross operating margin9900-€1,814€5,626-
Operating profit (loss)9901-€2,829€4,274-
Financial charges65/66B€0€191▲ 1,270×
Recurring financial charges65€0€191▲ 1,270×
Profit (loss) for the period before taxes9903-€2,829€4,084-
Income taxes67/77-€568-
Profit (loss) for the period9904-€2,829€3,516-
Profit (loss) for the period to be appropriated9905-€2,829€3,516-
Line20222023Change
Assets
Total assets20/58€4,497€17,634▲ 292%
Formation expenses20€2,176€1,556▼ 28.5%
Fixed assets21/28-€1,275-
Tangible fixed assets22/27-€1,275-
Furniture and vehicles24-€1,275-
Current assets29/58€2,321€14,803▲ 538%
Amounts receivable within one year40/41€2,244€14,500▲ 546%
Trade receivables40€1,809€12,251▲ 577%
Other amounts receivable41€435€2,249▲ 418%
Cash at bank and in hand54/58€78€302▲ 288%
Equity and liabilities
Total equity and liabilities10/49€4,497€17,634▲ 292%
Equity10/15-€429€3,086-
Contributions10/11€2,400€2,400=
Profit (loss) carried forward14-€2,829€686-
Amounts payable17/49€4,926€14,547▲ 195%
Amounts payable within one year42/48€4,926€14,547▲ 195%
Trade debts44€3,856€7,352▲ 90.6%
Suppliers440/4€3,856€7,352▲ 90.6%
Taxes, remuneration and social security45-€5,682-
Taxes450/3-€5,682-
Other amounts payable47/48€1,070€1,513▲ 41.4%
Line20222023Change
Profit (loss) for the period9904-€2,829€3,516-
+ Depreciation and write-downs630€924€638▼ 30.9%
Operating cash flow (approximation)-€1,905€4,154-
Change in cash-€224-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2023 micro format 20-08-2024 2024-00353699 PDF
31-12-2022 micro format 31-08-2023 2023-00416950 PDF

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