REDUCT
ActiveSummary
REDUCT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of €539,050. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 89% of 731 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+18
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290,000 at 30 days acceptable
Liquidity ample (current ratio 13.5 against 15.63 in 2024; short-term debt: 5.7% and cash: 43.4% of total assets), and 15% of the assets are financed with debt.
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Signals
Five 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
85%
Return on assets
14.7%
Age of the figures
9 mo
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
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
19 d late
2023
36 d early
2022
4 d early
2021
24 d late
2020
2 d early
2019
2 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 on the deadline day; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#6 company by equity in Schelle, Professional and technical services sector#7 company by total assets in Schelle, Professional and technical services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€539,050▲ 52,684%
2024 · €1,021
Working capital
€2.6m▲ 25.2%
2024 · €2.1m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€619,459▼ 17.4%-€11,935-€2,489▲ 79.1%-€13,545▼ 444%€530,888
Net result€611,434▼ 18.4%€5,765▼ 99.1%€1,365▼ 76.3%€1,021▼ 25.2%€539,050▲ 52,684%
Equity€3.3m▲ 22.6%€2.6m▼ 22.4%€2.6m▲ 0.1%€2.6m=€3.1m▲ 20.9%
Total assets€3.6m▲ 24.0%€3.6m▲ 2.5%€3.1m▼ 15.0%€3.1m▼ 0.3%€3.7m▲ 18.9%
Debt€230,760▲ 49.9%€1.1m▲ 362%€517,151▼ 51.4%€506,001▼ 2.2%€550,658▲ 8.8%
Working capital€2.8m▲ 21.8%€1.9m▼ 32.3%€2.0m▲ 7.6%€2.1m▲ 3.8%€2.6m▲ 25.2%
Staff (FTE)6▲ 33.3%8.3▲ 38.3%7.7▼ 7.2%7▼ 9.1%6.6▼ 5.7%
Why a figure moved sharply
- 2025 Net result +52,684% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
- 2022 Net result -99% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €530,888 after a loss of €13,545 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.7m
Fixed assets
€831,347 ▼ 1.5%
Current assets
€2.8m ▲ 26.6%
Equity and liabilities €3.7m
Equity
€3.1m ▲ 20.9%
Debt
€550,658 ▲ 8.8%
Debt's share of the balance-sheet total falls from 16.4% to 15.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€702,371▲
2024 · €149,616
Cash flow
€710,533▲
2024 · €164,182
Current ratio
13.50▼
2024 · 15.63
Quick ratio
10.21▼
2024 · 10.34
Debt to equity
0.18▼
2024 · 0.20
ROE
17.3%▲
2024 · 0.0%
ROA
14.7%▲
2024 · 0.0%
Interest coverage
179.88▲
2024 · 7.55
Debt ≤ 1 year
€210,271▲
2024 · €143,390
Debt > 1 year
€340,387▼
2024 · €362,611
Income taxes
€4,055▲
2024 · €400
Staff costs
€532,134▼
2024 · €535,821
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €451,920 | €562,381 | €637,021 | €535,821 | €532,134 | ▼ 0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €98,917 | €134,914 | €126,396 | €163,161 | €171,483 | ▲ 5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€3,660 | - | - | - | - |
| Other operating charges640/8 | €5,492 | €7,263 | €1,071 | €1,047 | €29,009 | ▲ 2,670% |
| Gross operating margin9900 | €1.2m | €688,963 | €761,999 | €686,484 | €1.3m | ▲ 84.1% |
| Operating profit (loss)9901 | €619,459 | -€11,935 | -€2,489 | -€13,545 | €530,888 | ▲ 4,019% |
| Financial income75/76B | €6,997 | €23,483 | €8,186 | €34,782 | €16,122 | ▼ 53.6% |
| Recurring financial income75 | €6,997 | €23,483 | €8,186 | €34,782 | €16,122 | ▼ 53.6% |
| Financial charges65/66B | €14,667 | €5,546 | €4,224 | €19,816 | €3,905 | ▼ 80.3% |
| Recurring financial charges65 | €14,667 | €5,546 | €4,224 | €19,816 | €3,905 | ▼ 80.3% |
| Profit (loss) for the period before taxes9903 | €611,790 | €6,002 | €1,472 | €1,421 | €543,106 | ▲ 38,114% |
| Income taxes67/77 | €356 | €236 | €108 | €400 | €4,055 | ▲ 914% |
| Profit (loss) for the period9904 | €611,434 | €5,765 | €1,365 | €1,021 | €539,050 | ▲ 52,684% |
| Profit (loss) for the period to be appropriated9905 | €611,434 | €5,765 | €1,365 | €1,021 | €539,050 | ▲ 52,684% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.6m | €3.6m | €3.1m | €3.1m | €3.7m | ▲ 18.9% |
| Fixed assets21/28 | €547,693 | €698,223 | €757,885 | €843,933 | €831,347 | ▼ 1.5% |
| Intangible fixed assets21 | €265,444 | €388,856 | €464,617 | €390,991 | €302,794 | ▼ 22.6% |
| Tangible fixed assets22/27 | €76,017 | €103,135 | €87,036 | €146,710 | €119,212 | ▼ 18.7% |
| Plant, machinery and equipment23 | €39,097 | €27,231 | €21,475 | €15,720 | €27,711 | ▲ 76.3% |
| Furniture and vehicles24 | €36,920 | €32,112 | €27,375 | €104,390 | €76,319 | ▼ 26.9% |
| Other tangible fixed assets26 | - | €43,791 | €38,186 | €26,600 | €15,183 | ▼ 42.9% |
| Financial fixed assets28 | €206,232 | €206,232 | €206,232 | €306,232 | €409,341 | ▲ 33.7% |
| Current assets29/58 | €3.0m | €2.9m | €2.3m | €2.2m | €2.8m | ▲ 26.6% |
| Amounts receivable after more than one year29 | €64,684 | €65,655 | - | - | - | - |
| Other amounts receivable291 | €64,684 | €65,655 | - | - | - | - |
| Stocks and contracts in progress3 | €407,390 | €485,510 | €653,382 | €758,894 | €691,500 | ▼ 8.9% |
| Stocks30/36 | €407,390 | €485,510 | €653,382 | €758,894 | €691,500 | ▼ 8.9% |
| Amounts receivable within one year40/41 | €877,123 | €655,668 | €486,179 | €301,591 | €529,589 | ▲ 75.6% |
| Trade receivables40 | €446,632 | €218,054 | €417,047 | €156,256 | €429,750 | ▲ 175% |
| Other amounts receivable41 | €430,490 | €437,614 | €69,132 | €145,335 | €99,839 | ▼ 31.3% |
| Cash at bank and in hand54/58 | €1.6m | €1.7m | €1.2m | €1.2m | €1.6m | ▲ 37.6% |
| Deferred charges and accrued income490/1 | €14,513 | €18,917 | €13,848 | €24,066 | €24,589 | ▲ 2.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.6m | €3.6m | €3.1m | €3.1m | €3.7m | ▲ 18.9% |
| Equity10/15 | €3.3m | €2.6m | €2.6m | €2.6m | €3.1m | ▲ 20.9% |
| Contributions10/11 | €526,821 | €526,821 | €526,821 | €526,821 | €526,821 | = |
| Capital10 | €526,821 | €526,821 | €526,821 | €526,821 | €526,821 | = |
| Issued capital100 | €526,821 | €526,821 | €526,821 | €526,821 | €526,821 | = |
| Reserves13 | €52,682 | €52,682 | €52,682 | €52,682 | €52,682 | = |
| Non-distributable reserves130/1 | €52,682 | €52,682 | €52,682 | €52,682 | €52,682 | = |
| Legal reserve130 | €52,682 | €52,682 | €52,682 | €52,682 | €52,682 | = |
| Profit (loss) carried forward14 | €2.7m | €2.0m | €2.0m | €2.0m | €2.5m | ▲ 27.0% |
| Amounts payable17/49 | €230,760 | €1.1m | €517,151 | €506,001 | €550,658 | ▲ 8.8% |
| Amounts payable after more than one year17 | - | - | €200,175 | €362,611 | €340,387 | ▼ 6.1% |
| Other amounts payable178/9 | - | - | €200,175 | €362,611 | €340,387 | ▼ 6.1% |
| Amounts payable within one year42/48 | €230,760 | €1.1m | €316,977 | €143,390 | €210,271 | ▲ 46.6% |
| Trade debts44 | €176,632 | €250,601 | €256,332 | €80,196 | €128,187 | ▲ 59.8% |
| Suppliers440/4 | €176,632 | €250,601 | €256,332 | €80,196 | €128,187 | ▲ 59.8% |
| Taxes, remuneration and social security45 | €54,127 | €64,363 | €60,645 | €63,194 | €82,084 | ▲ 29.9% |
| Taxes450/3 | €480 | €529 | €236 | - | €19,105 | - |
| Remuneration and social security454/9 | €53,647 | €63,834 | €60,408 | €63,194 | €62,979 | ▼ 0.3% |
| Other amounts payable47/48 | - | €750,000 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €611,434 | €5,765 | €1,365 | €1,021 | €539,050 | ▲ 52,684% |
| + Depreciation and write-downs630 | €98,917 | €134,914 | €126,396 | €163,161 | €171,483 | ▲ 5.1% |
| Operating cash flow (approximation) | €710,351 | €140,680 | €127,761 | €164,182 | €710,533 | ▲ 333% |
| Investment in fixed assets (approximation) | - | -€285,444 | -€186,057 | -€249,210 | -€158,897 | ▲ 36.2% |
| Change in cash | - | €77,400 | -€533,768 | -€27,319 | €435,165 | ▲ 1,693% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 15.63
Current ratio from 7.37 to 15.63; short-term debt falls from €316,977 to €143,390.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity triplescurrent ratio 7.37
Current ratio from 2.76 to 7.37; short-term debt falls from €1.1m to €316,977.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €748,943 ▲18%
Operating result €749,571, net result €748,943, both a record.
31-12
Financial
Liquidity triplescurrent ratio 15.79
Current ratio from 5.49 to 15.79; short-term debt falls from €331,498 to €153,992.
31-12
Financial
Equity above €2mEq €2.7m ▲38.2%
2 profitable years in a row build equity to €2.7m.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Back to profitnet €634,961
Net result €634,961 after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
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.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Schelle · 1 establishment unit since 2001
Ground area
671 m²
Building footprint
469 m²
Volume, LiDAR
3,362 m³
Parcel 11038C0332/00A002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
REDUCT NV
since 20012.095.679.060
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11038C0332/00A002 | Flanders | 671 m² | 1 · 469 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 5 entries · 69,847 EUR awarded · 20,444 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 59,001 EUR | 9,001 EUR |
| 2024 | 1 | 10,647 EUR | 10,647 EUR |
| 2023 | 1 | 199 EUR | 796 EUR |
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 1,787 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-11-2001
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-mail
info@reduct.netSchelle
Phone
03/4517739Schelle
Fax
03/4517731Schelle
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476198536
Also
9925:BE0476198536
Registered
17-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.