REDNIS ELEC

Active

Private limited companyfounded 20196 yrs activeHinxelaar 7, 2830 Willebroek, BelgiumKBO/BCE: BE 0737.569.786

The computed 12-month bankruptcy probability of REDNIS ELEC is 2.0% (moderate). The 2025 annual accounts show equity of €37k and a net result of €524. Equity is growing by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 41% of 7629 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

79 / 100

Excellent▼ -7 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability7▼-89

Solvency80▼-6

Growth68▼-17

Stability100

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity ample (current ratio 2.45 against 2.99 in 2024), but 62.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

37.1%

Return on assets

0.5%

Age of the figures

8 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 6 filings

Deviation from the deadline

2025

27 d late

2024

133 d late

2023

36 d late

2022

29 d late

2021

70 d late

2020

88 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

10-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

€83k▲ 62.3%

2021 · €51k

2020: €55k 2021: €51k

2020 → 2022

EBIT margin

19.6%▲ 13.2pp

2021 · 6.4%

2020: 1.3% 2021: 6.4%

2020 → 2022

Net result

€524▼ 92.4%

2024 · €7k

2020: €661 2021: €3k 2022: €16k 2023: €8k 2024: €7k

2020 → 2025

Working capital

€52k▲ 4.1%

2024 · €50k

2020: €-187 2021: €5k 2022: €27k 2023: €41k 2024: €50k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€51k-€83k▲ 62.3%

Equity€5k-€21k▲ 341%€29k▲ 39.2%€36k▲ 23.7%€37k▲ 1.5%

Operating result€3k-€16k▲ 396%€15k▼ 5.7%€12k▼ 24.1%€1k▼ 90.6%

Net result€3k-€16k▲ 424%€8k▼ 49.3%€7k▼ 15.9%€524▼ 92.4%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen three years in a row; 2025 is 91% below 2024 and is the lowest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €99k

10%

89.6%

Fixed assets €10k▼ 12.8%

Current assets €88k▲ 16.9%

Equity and liabilities €99k

37.1%

62.9%

Equity €37k▲ 1.5%

Debt €62k▲ 20.9%

The debt ratio rises from 58.7% to 62.9%: debt grows faster than equity.

Key figures and ratios

2025 value · change against 2024

EBITDA

€10k▼

2024 · €18k

Cash flow

€9k▼

2024 · €13k

Solvency

37.1%▼

2024 · 41.3%

Current ratio

2.45▼

2024 · 2.99

Quick ratio

2.45▼

2024 · 2.99

Debt / equity

1.70▲

2024 · 1.42

ROE

1.4%▼

2024 · 19.1%

ROA

0.5%▼

2024 · 7.9%

Interest coverage

96.52▼

2024 · 406.42

Debt

€62k▲

2024 · €51k

Debt ≤ 1 year

€36k▲

2024 · €25k

Debt > 1 year

€26k=

2024 · €26k

Income taxes

€482▼

2024 · €5k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€87k€99k▲

Fixed assets21/28€12k€10k▼

Tangible fixed assets22/27€12k€10k▼

Plant, machinery and equipment23€2k€637▼

Furniture and vehicles24-€5k

Leasing and similar rights25€10k€5k▼

Current assets29/58€76k€88k▲

Amounts receivable within one year40/41€23k€31k▲

Trade receivables40€23k€26k▲

Other amounts receivable41€951€5k▲

Cash at bank and in hand54/58€52k€57k▲

Equity and liabilities

Total equity and liabilities10/49€87k€99k▲

Equity10/15€36k€37k▲

Contributions10/11€1k€1k=

Capital10€1k€1k=

Issued capital100€1k€1k=

Profit (loss) carried forward14€35k€36k▲

Amounts payable17/49€51k€62k▲

Amounts payable after more than one year17€26k€26k=

Financial debts170/4€26k€26k=

Amounts payable within one year42/48€25k€36k▲

Trade debts44€12k€25k▲

Suppliers440/4€12k€25k▲

Taxes, remuneration and social security45€11k€8k▼

Taxes450/3€11k€8k▼

Other amounts payable47/48€2k€3k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k▲

Other operating charges640/8€6k€1k▼

Non-recurring operating charges66A€0-

Gross operating margin9900€23k€11k▼

Operating profit (loss)9901€12k€1k▼

Financial income75/76B-€7

Recurring financial income75-€7

Financial charges65/66B€44€100▲

Recurring financial charges65€44€100▲

Profit (loss) for the period before taxes9903€12k€1k▼

Income taxes67/77€5k€482▼

Profit (loss) for the period9904€7k€524▼

Profit (loss) for the period to be appropriated9905€7k€524▼

Appropriation of the result

Profit (loss) to be appropriated9906€35k€36k▲

Profit (loss) brought forward from the previous period14P€28k€35k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

27-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 27 days late

2025

31-12

Financial Weakest financial yearnet €524 ▼92.4%

Net result drops to €524, the lowest in the series.

11-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 133 days late

2024

05-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 36 days late

2023

29-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 29 days late

2022

31-12

Financial Highest result since 2020net €16k ▲424%

Operating result €16k, net result €16k, both a record.

31-12

Financial Liquidity times 5current ratio 5.74

Current ratio from 1.13 to 5.74; short-term debt falls from €37k to €6k.

09-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 70 days late

2021

27-10

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 88 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 4 acts read

About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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