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REDOT

Active
Private limited companyfounded 2020active for 5 yearsBrugstraat 23, 9160 Lokeren, BelgiumKBO/BCE: BE 0760.685.876
Summary

The computed 12-month bankruptcy probability of REDOT is 6.0% (elevated). The 2024 annual accounts show equity of €53,489 and a net result of €9,015. Equity is growing by about 36% per year across the filed financial years. Its solvency ranks better than 72% of 1,321 sector peers (NACE 42, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Construction of utility projects for electricity and telecommunications
NACE 42220
1 site
Size
€82,796total assets 2024
Equity
€53,489
Profit
€9,015
Turnover not published (micro format)
Financial health
37 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.0%
Structure
Accounts 77 days overdue0 of 1 deed read
Why 37raises risk1 financial year not filed after the legal deadline; latest accounts 84 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 23-10-2025)Liquidity: current ratio 2.83, cash €13, halvedFounded in 2020Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 49% of its sector peers (NACE 42, micro)
Financial strength · tick = 2023
Strong
Solvency 90-7
equity 64.6% of total assets
Liquidity 34-8
short-term debt 35.4% · cash 0.0%
Profitability 65-35
return on assets 10.9%
Bankruptcy probability, 12 months
6.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,865 companies, NACE 42, micro)
Last 24 months 11-2024: 2.3% 12-2024: 2.2%▼ -0.1 percentage points vs 11-2024 01-2025: 2.2%● unchanged vs 12-2024 02-2025: 2.1%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 2.2%▲ +0.1 percentage points vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025 05-2025: 2.3%▲ +0.1 percentage points vs 04-2025 06-2025: 2.4%▲ +0.1 percentage points vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 2.9%▲ +0.5 percentage points vs 07-2025 09-2025: 3.0%▲ +0.1 percentage points vs 08-2025 10-2025: 3.9%▲ +0.9 percentage points vs 09-2025 11-2025: 4.4%▲ +0.5 percentage points vs 10-2025 12-2025: 4.4%● unchanged vs 11-2025 01-2026: 4.2%▼ -0.2 percentage points vs 12-2025 02-2026: 4.1%▼ -0.1 percentage points vs 01-2026 03-2026: 4.1%● unchanged vs 02-2026 04-2026: 3.9%▼ -0.2 percentage points vs 03-2026 05-2026: 3.9%● unchanged vs 04-2026 06-2026: 3.9%● unchanged vs 05-2026 07-2026: 3.8%▼ -0.1 percentage points vs 06-2026 08-2026: 4.4%▲ +0.6 percentage points vs 07-2026 09-2026: 4.6%▲ +0.2 percentage points vs 08-2026 10-2026: 6.0%▲ +1.4 percentage points vs 09-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 2.83, compared with 3.54 in 2023, above the usual 1.5; short-term debt: 35.4% and cash: 0% of total assets), and 35.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro): better than 73% on solvency, 25% on liquidity, 33% on profitability and 65% on growth.

The bankruptcy probability was computed on 15-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 84 days late; 1 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 23-10-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 2.83, cash €13, halved
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 77 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-10-2025, 84 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
84 days late
2023
30 days late
2022
on the day
2021
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 52 days after the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet €9,015 ▼48.5%
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View
  • Total assets 20244 financial years filed €82,796 View
  • Active since 2020founded 30-12-2020 5 years View

By topic

Financials

Financial year
2024
Total assets
€82,796
Profit
€9,015
Solvency
64.6%
Total assets▲ 33.6%
Net result
20212024
Go to Financials

Timeline

Events
6
Since
2022
  1. 31-12-2023Highest result from 2021 to 2024
  2. 31-07-2023Annual accounts filed
  3. 31-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Construction of utility projects for electricity and telecommunicationsNACE 42220
Founded
30-12-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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