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REDSYSTEM

Active Private limited companyfounded 2020active for 6 yearsRue du Progrès 15, 7503 TournaiKBO/BCE: BE 0752.709.508 subsidiary of Trustteam Group
Part of the group Green Hill I 13 companies in 5 countries
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REDSYSTEM
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 13-07-2026, 18 days before the deadline
€545,990
▲ 45.5%
€73,178
▲ €98,303
€31,629
▲ €65,588
€103,681
▲ 56.8%
20.9%
▲ 0.8 percentage points
1.22
▲ 0.04

The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.4m. Estimated: probably between €990,000 and €2.3m.

Balance sheet

balance sheet total €594,423 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

20.9%

Higher than 29% of 3,405 companies in 2025.

1.22

Higher than 33% of 3,266 companies in 2025.

5.3%

Higher than 44% of 3,314 companies in 2025.

REDSYSTEM Middle half of the sector 80% of the sector Abbreviated accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: top quarter

Staff

€44,561

Staff costs divided by the average number of full-time equivalents.

-2 people

people who joined people who left

In 2025, 7 people joined and 9 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 594,423460,906303,72371,84938,317
21/28 20,85726,23525,29921,04411,443
21 2,7093,46505791,286
22/27 16,70821,32923,85919,86510,157
24 16,70821,32923,85919,86510,157
28 1,4401,4401,440600-
29/58 573,566434,672278,42450,80426,875
40/41 399,799394,467227,72136,38525,288
40 264,413247,119221,98029,29424,225
41 135,386147,3485,7417,0901,063
54/58 173,76712,54339,87214,419217
490/1 027,66210,830-1,370
Balance sheet: equity and liabilities
10/49 594,423460,906303,72371,84938,317
10/15 124,00592,376126,335-15,539-16,903
10/11 5,0005,0005,0005,0005,000
13 119,005----
133 119,005----
14 087,376121,335-20,539-21,903
17/49 470,418368,530177,38887,38855,220
17 --027,61328,813
178/9 --027,61328,813
42/48 469,885368,530177,29359,77526,407
44 69,40078,67620,25816,17210,824
440/4 69,40078,67620,25816,17210,824
46 -0550550550
45 109,519107,717154,02143,05315,033
450/3 63,95851,12097,39015,9157,168
454/9 45,56156,59756,63127,1387,864
47/48 290,966182,1382,463--
492/3 533095--
Income statement
76A 14,345----
9900 545,990375,173455,25887,99627,493
62 458,975384,958245,26977,78143,487
630 12,14410,5449,9356,3424,311
631/4 01,425---
640/8 1,6933,3713,477744627
9901 73,178-25,125196,5773,129-20,932
75/76B 1,2541,7510751460
75 1,2541,7510751460
65/66B 29,0558,0842,3331,3241,246
65 29,0558,0842,3331,3241,246
9903 45,377-31,458194,2442,555-21,718
67/77 13,7482,50152,3691,191185
9904 31,629-33,959141,8741,364-21,903
9905 31,629-33,959141,8741,364-21,903
Appropriation of the result
9906 119,00587,376121,335-20,539-21,903
14P 87,376121,335-20,539-21,903-
691/2 119,005----
6921 119,005----
Social balance sheet
9087 10.39.472.50.6
Hours worked1013 18,24116,31512,2154,5401,986
Document PDFPDFPDFPDFPDF

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 13-07-2026 2026-00286438 PDF
31-12-2024 full format 26-05-2025 2025-00105441 PDF
31-12-2023 micro format 07-06-2024 2024-00114423 PDF
31-12-2022 micro format 28-08-2023 2023-00372802 PDF
31-12-2021 micro format 08-07-2022 2022-20172062 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
85,322-14,581206,5129,471-16,622
43,773-23,415151,8107,706-17,592
6,76714,01214,19015,94415,753
161,224-27,32925,45314,202-
103,68166,142101,131-8,971468
20.9%20.0%41.6%-21.6%-44.1%
1.221.181.570.851.02
3.793.991.40--
25.5%-36.8%112.3%--
5.3%-7.4%46.7%1.9%-57.2%
2.94-1.8088.517.15-13.34

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date911851
full-time78851
part-time230--
in full-time equivalents8.610.4851
10.39.472.50.6
On a permanent contract911631
Joined76992
Left93881
Training hours--1,798--

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€6,767€10,232€13,350€15,344€13,633
Intangible fixed assets-€3,780--€2,121
Financial fixed assets€0-€840€600-
€12,144€10,544€9,935€6,342€4,311

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on REDSYSTEM

The operating result for 2025 is a profit of €73,178, after a loss of €25,125 in 2024.

Debt's share of the balance-sheet total falls from 80.0% to 79.1%. Equity and debt are higher.

Next steps

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