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REDU SPACE SERVICES

Active
Public limited companyfounded 200719 yrs activeAllée de la Comète 80, 6890 Libin, BelgiumKBO/BCE: BE 0890.503.748
Summary

REDU SPACE SERVICES has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €369,665 and a net result of €259,665. Equity is shrinking by ~18.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 23% of 468 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisWatch ReportCompare
REDU SPACE SERVICESActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Activity
Repair and maintenance of computers and communication equipment
NACE 95100Telecommunications resale and intermediation services NACE 61200Telecommunications NACE 61900
#3 employer in the province of Luxembourg, Repair of computers and personal goods sector1 site
Size
€2.1mtotal assets 2025
Staff
24.6 FTE
Equity
€369,665
Profit
€259,665
Financial health
85 Excellent Checked score 2025
Bankruptcy chance 12 m
0.5%
Structure
Parent
SES TechCom SA · 100%
Accounts 21 d early0 of 28 deeds read
Why 85- 1 change of registered office in 24 months- 2 of the last 3 late- Equity €369,665 (17.5% of total assets)+ Liquidity: current ratio 1.27, cash €1.1m, halvedShow the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Better than 72% of its sector peers (NACE 95, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 43+17
equity 17.5% of total assets
Liquidity 58+8
short-term debt 76.7% · cash 52.8%
Profitability 84+11
return on assets 12.3%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (329 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.2%▲ +5.4% vs 01-2025 03-2025: 0.2%● 0.0% vs 02-2025 04-2025: 0.1%▼ -3.9% vs 03-2025 05-2025: 0.1%▼ -4.0% vs 04-2025lowest value 06-2025: 0.2%▲ +17.5% vs 05-2025 07-2025: 0.4%▲ +167% vs 06-2025 08-2025: 0.6%▲ +38.2% vs 07-2025 09-2025: 0.8%▲ +30.5% vs 08-2025highest value 10-2025: 0.5%▼ -37.5% vs 09-2025 11-2025: 0.5%● 0.0% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.5%▼ -0.8% vs 12-2025 02-2026: 0.5%▲ +3.8% vs 01-2026 03-2026: 0.5%▼ -1.0% vs 02-2026 04-2026: 0.5%▲ +0.2% vs 03-2026 05-2026: 0.6%▲ +12.4% vs 04-2026 06-2026: 0.6%▲ +5.9% vs 05-2026 07-2026: 0.6%▲ +3.3% vs 06-2026 08-2026: 0.5%▼ -24.0% vs 07-2026 09-2026: 0.5%▲ +2.5% vs 08-2026 10-2026: 0.5%● 0.0% vs 09-2026
  • Liquidity: current ratio 1.27, cash €1.1m, halved lowers the probability
  • 1 change of registered office in 24 months raises the probability
  • 2 of the last 3 late raises the probability
  • Equity €369,665 (17.5% of total assets) raises the probability
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.09 in 2024; short-term debt: 76.7% and cash: 52.8% of total assets), and 82.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 95, small). Better than this share of them on solvency 31%, liquidity 81%, profitability 82%, growth against the median 97%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 1.27, cash €1.1m, halved
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Equity €369,665 (17.5% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 468 sector peers (2025).
NBB · sector comparison
Position among 468 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 d early
2024
54 d late
2023
407 d late
2022
105 d late
2021
17 d early
2020
15 d early
2019
25 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 70 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · 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. Usually files around 23 September (4 of the last 5 filed years within 75 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Equity above €200,000Eq €369,665 ▲236%
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Equity rose in 2025from €110,000 to €369,665 ▲ 236% View
  • Positive: Employer in the province of Luxembourg, Repair of…in the Checked rankings #3 View
  • Positive: 8 profitable years in a rowprofit 2025: €259,665 8 years View
  • Controlled by SES TechCom SAknown shareholders 100% 100% View

By topic

Financials

Fiscal year
2025
Total assets
€2.1m
Profit
€259,665
Solvency
17.5%
Turnover▼ 0.4%
Net result
20182022
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 10-07-2026Annual accounts filed
  2. 31-12-2025Equity above €200,000
  3. 23-09-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Repair and maintenance of computers and communication equipmentNACE 95100
Founded
02-07-2007
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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