REDS IMMO
ActiveSummary
REDS IMMO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €702k and a net result of €435k. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 55% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (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
Profitability98▼-2
Solvency63▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.4 in 2024; short-term debt: 44.9% and cash: 4.3% of total assets), but 62% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
38%
Return on assets
23.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
2 d early
2022
1 d early
2021
2 d late
2020
36 d early
2019
10 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€702k▲ 35.8%
2024 · €517k
2019: €146k
2020: €201k
2021: €205k
2022: €246k
2023: €357k
2024: €517k
2019 → 2025
Total assets
€1.85M▲ 8.4%
2024 · €1.70M
2019: €657k
2020: €1.16M
2021: €976k
2022: €1.45M
2023: €1.61M
2024: €1.70M
2019 → 2025
Net result
€435k▼ 16.3%
2024 · €520k
2019: €129k
2020: €421k
2021: €404k
2022: €191k
2023: €311k
2024: €520k
2019 → 2025
Working capital
€451k▲ 48.0%
2024 · €305k
2019: €102k
2020: €152k
2021: €131k
2022: €121k
2023: €170k
2024: €305k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€205k-€246k▲ 19.8%€357k▲ 45.3%€517k▲ 44.8%€702k▲ 35.8%
Operating result€415k-€241k▼ 42.0%€379k▲ 57.3%€615k▲ 62.1%€538k▼ 12.4%
Net result€404k-€191k▼ 52.7%€311k▲ 62.8%€520k▲ 67.1%€435k▼ 16.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.85M
Fixed assets
€566k ▼ 12.3%
Current assets
€1.28M ▲ 21.0%
Equity and liabilities €1.85M
Equity
€702k ▲ 35.8%
Debt
€1.15M ▼ 3.6%
Debt's share of the balance-sheet total falls from 69.7% to 62.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€616k▼
2024 · €695k
Cash flow
€513k▼
2024 · €600k
Current ratio
1.54▲
2024 · 1.40
Quick ratio
1.54▲
2024 · 1.40
Debt to equity
1.63▼
2024 · 2.30
ROE
62.0%▼
2024 · 100.6%
ROA
23.6%▼
2024 · 30.5%
Interest coverage
85.80▼
2024 · 91.85
Debt ≤ 1 year
€830k▲
2024 · €754k
Debt > 1 year
€315k▼
2024 · €433k
Income taxes
€98k▲
2024 · €89k
Staff costs
€283k▲
2024 · €240k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.70M€1.85M▲
Fixed assets21/28€645k€566k▼
Intangible fixed assets21€191k€163k▼
Tangible fixed assets22/27€242k€193k▼
Land and buildings22€188k€160k▼
Plant, machinery and equipment23€18k€12k▼
Furniture and vehicles24€37k€21k▼
Financial fixed assets28€213k€210k▼
Current assets29/58€1.06M€1.28M▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€820k€1.19M▲
Trade receivables40€723k€1.01M▲
Other amounts receivable41€96k€184k▲
Cash at bank and in hand54/58€236k€79k▼
Deferred charges and accrued income490/1€610€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.70M€1.85M▲
Equity10/15€517k€702k▲
Contributions10/11€8k€8k=
Reserves13€509k€694k▲
Tax-exempt reserves132€34k€34k=
Distributable reserves133€475k€660k▲
Amounts payable17/49€1.19M€1.15M▼
Amounts payable after more than one year17€433k€315k▼
Financial debts170/4€433k€315k▼
Amounts payable within one year42/48€754k€830k▲
Current portion of amounts payable after more than one year42€102k€103k▲
Trade debts44€127k€320k▲
Suppliers440/4€127k€320k▲
Advances received on contracts in progress46€11k-
Taxes, remuneration and social security45€149k€153k▲
Taxes450/3€125k€121k▼
Remuneration and social security454/9€25k€32k▲
Other amounts payable47/48€365k€254k▼
Income statement
Code20242025
Remuneration, social security and pensions62€240k€283k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€78k▼
Other operating charges640/8€15k€14k▼
Gross operating margin9900€950k€913k▼
Operating profit (loss)9901€615k€538k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€609k€533k▼
Income taxes67/77€89k€98k▲
Profit (loss) for the period9904€520k€435k▼
Profit (loss) for the period to be appropriated9905€520k€435k▼
Appropriation of the result
Profit (loss) to be appropriated9906€520k€435k▼
Transfer to equity691/2€160k€185k▲
To other reserves6921€160k€185k▲
Profit to be distributed694/7€360k€250k▼
Return on contributions (dividend)694-€250k
Directors or managers695€360k-
Social balance
Average headcount (FTE)90873.73.9▲
The notes to these accounts (12 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2019net €520k ▲67.1%
Operating result €615k, net result €520k, both a record.
30-06
Financial
Equity above €500kEq €517k ▲44.8%
6 profitable years in a row build equity to €517k.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Equity above €200kEq €201k ▲38.2%
2 profitable years in a row build equity to €201k.
2019
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
09-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2017
09-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 9 days late
2016
25-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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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Directors · office · real estate
Directors
6 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, Antwerpen · 2 establishment units since 2007
Ground area
884 m²
Building footprint
475 m²
Volume, LiDAR
7,795 m³
2 parcels, Flanders · tallest building 25.0 m, ±7 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
Reds Immo
since 20072.162.282.032
Reds Immo
since 20202.306.616.745
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039D0150/00A002 | Flanders | 593 m² | 1 · 189 m² | 14.6 m · 3 fl. |
| 11002A1984/00D000 | Flanders | 290 m² | 1 · 286 m² | 25.0 m · 7 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.
Similar companies · same sector, comparable size
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PROF GROUNDS
BE 0502.750.802
Herk-de-Stad · Eq €704,023
Reno-Art Projects
BE 0414.647.581
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,368 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-04-2007
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
68310Real estate agency activities
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
68204Real estate activities
68322Real estate appraisal on a fee or contract basis
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Business parks
3 parksOffers a parcel on business park:Draaiboomstraat
Offers a parcel on business park:Haven
Offers a parcel on business park:Kloosterveld