REDROSE PROPERTIES
ActiveREDROSE PROPERTIES has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.06M and a net result of €-89k. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 75% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▲+8
Solvency89▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €950k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 0.85 in 2024; short-term debt: 6% and cash: 0.2% of total assets), and 36.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.7%
Return on assets
-0.4%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 04-02-2026, 4 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 · 10 filingsDeviation from the deadline
2025
4 d late
2024
3 d late
2023
on the day
2022
1 d early
2021
1 d late
2020
8 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€13.06M▲ 7.3%
2024 · €12.17M
2019: €5.49M
2020: €5.70M
2021: €5.73M
2022: €9.05M
2023: €8.77M
2024: €12.17M
2019 → 2025
Total assets
€20.52M▼ 0.1%
2024 · €20.54M
2019: €9.76M
2020: €9.85M
2021: €10.47M
2022: €14.97M
2023: €17.60M
2024: €20.54M
2019 → 2025
Net result
€-89k▲ 8.2%
2024 · €-97k
2019: €1.39M
2020: €512k
2021: €30k
2022: €377k
2023: €-280k
2024: €-97k
2019 → 2025
Working capital
€132k
2024 · €-277k
2019: €3.27M
2020: €4.28M
2021: €3.45M
2022: €1.79M
2023: €131k
2024: €-277k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.73M-€9.05M▲ 57.9%€8.77M▼ 3.1%€12.17M▲ 38.8%€13.06M▲ 7.3%
Operating result€-277k-€97k€-158k€146k€149k▲ 2.2%
Net result€30k-€377k▲ 1,144%€-280k€-97k▲ 65.3%€-89k▲ 8.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.52M
Fixed assets
€19.16M▲ 0.7%
Current assets
€1.36M▼ 10.3%
Equity and liabilities €20.52M
Equity
€13.06M▲ 7.3%
Provisions
€856k▼ 5.4%
Debt
€6.60M▼ 11.5%
The debt ratio falls from 36.3% to 32.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€880k▲
2024 · €846k
Cash flow
€642k▲
2024 · €603k
Solvency
63.7%▲
2024 · 59.3%
Current ratio
1.11▲
2024 · 0.85
Quick ratio
1.11▲
2024 · 0.85
Debt / equity
0.51▼
2024 · 0.61
ROE
-0.7%▲
2024 · -0.8%
ROA
-0.4%▲
2024 · -0.5%
Interest coverage
3.57▲
2024 · 2.67
Debt
€6.60M▼
2024 · €7.46M
Debt ≤ 1 year
€1.23M▼
2024 · €1.80M
Debt > 1 year
€5.35M▼
2024 · €5.63M
Income taxes
€40k
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€20.54M€20.52M▼
Fixed assets21/28€19.02M€19.16M▲
Tangible fixed assets22/27€19.02M€19.16M▲
Land and buildings22€19.02M€19.16M▲
Furniture and vehicles24€3k€1k▼
Current assets29/58€1.52M€1.36M▼
Amounts receivable within one year40/41€1.48M€1.32M▼
Trade receivables40€52k€52k▲
Other amounts receivable41€1.43M€1.27M▼
Cash at bank and in hand54/58€36k€40k▲
Equity and liabilities
Total equity and liabilities10/49€20.54M€20.52M▼
Equity10/15€12.17M€13.06M▲
Contributions10/11€340k€340k=
Capital10€340k€340k=
Issued capital100€340k€340k=
Revaluation surpluses12€8.19M€9.00M▲
Reserves13€2.15M€2.24M▲
Non-distributable reserves130/1€34k€34k=
Legal reserve130€34k€34k=
Tax-exempt reserves132€2.00M€1.92M▼
Distributable reserves133€112k€287k▲
Profit (loss) carried forward14€1.49M€1.48M▼
Provisions and deferred taxes16€905k€856k▼
Deferred taxes168€905k€856k▼
Amounts payable17/49€7.46M€6.60M▼
Amounts payable after more than one year17€5.63M€5.35M▼
Financial debts170/4€5.61M€5.33M▼
Other amounts payable178/9€23k€23k=
Amounts payable within one year42/48€1.80M€1.23M▼
Current portion of amounts payable after more than one year42€934k€754k▼
Financial debts43€725k€270k▼
Credit institutions430/8€725k€270k▼
Trade debts44€24k€26k▲
Suppliers440/4€24k€26k▲
Advances received on contracts in progress46-€399
Taxes, remuneration and social security45€89€41k▲
Taxes450/3€89€41k▲
Other amounts payable47/48€114k€140k▲
Accrued charges and deferred income492/3€32k€22k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€701k€731k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€74k€68k▼
Gross operating margin9900€920k€948k▲
Operating profit (loss)9901€146k€149k▲
Financial income75/76B€17€137▲
Recurring financial income75€17€137▲
Financial charges65/66B€317k€246k▼
Recurring financial charges65€317k€246k▼
Profit (loss) for the period before taxes9903€-172k€-97k▲
Transfer from deferred taxes780€80k€80k=
Transfer to deferred taxes680€5k€31k▲
Income taxes67/77-€40k
Profit (loss) for the period9904€-97k€-89k▲
Transfer from tax-exempt reserves789€172k€172k=
Transfer to tax-exempt reserves689€15k€94k▲
Profit (loss) for the period to be appropriated9905€59k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.49M€1.48M▼
Profit (loss) brought forward from the previous period14P€1.43M€1.49M▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
30-06
Financial
Equity above €10MEq €12.17M ▲38.8%
Equity rises from €8.77M to €12.17M.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet €-280k ▼174%
Net result drops to €-280k, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 8 days late
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Korte Zoutstraat 459300 AalstGround area
1,119 m²
Building footprint
1,026 m²
Volume, LiDAR
888 m³
2 parcels, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Groot-Brittanniëlaan 109, 9000 Gent
since 19962.076.741.393
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0956/00S007 | Flanders | 1,001 m² | 1 · 944 m² | - |
| 41002A1917/00_000 | Flanders | 118 m² | 1 · 82 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 1,844 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-05-1996
Fiscal year end30-06
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.