REDUX
ActiveSummary
REDUX has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €97k and a net result of €95k. Its solvency ranks better than 21% of 4604 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability47▲+14
Solvency42▲+17
Growth78
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.23 against 0.44 in 2023; short-term debt: 8.5% and cash: 1.9% of total assets), and 83.1% 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 4604 sector peers (2024).
NBB · sector comparisonPosition among 4604 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
12 d late
2023
90 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€95k▲ 22,033%
2023 · €427
2023: €427
2024: €95k▲ +22033% vs 2023
2023 → 2024
Working capital
€-37k▼ 40.2%
2023 · €-27k
2023: €-27k
2024: €-37k▼ -40.2% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€2k-€97k▲ 3,895%
2023: €2k
2024: €97k▲ +3895% vs 2023
Operating result€5k-€2k▼ 56.4%
2023: €5k
2024: €2k▼ -56.4% vs 2023
Net result€427-€95k▲ 22,033%
2023: €427
2024: €95k▲ +22033% vs 2023
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 56% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €574k
Fixed assets
€562k ▼ 0.1%
Current assets
€11k ▼ 45.6%
Equity and liabilities €574k
Equity
€97k ▲ 3,895%
Debt
€477k ▼ 18.0%
Debt's share of the balance-sheet total falls from 99.6% to 83.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▲
2023 · €7k
Cash flow
€100k▲
2023 · €2k
Current ratio
0.23▼
2023 · 0.44
Debt to equity
4.92
ROE
97.5%▲
2023 · 17.6%
ROA
16.5%▲
2023 · 0.1%
Interest coverage
0.96▼
2023 · 1.69
Debt ≤ 1 year
€49k▲
2023 · €47k
Debt > 1 year
€425k▼
2023 · €530k
Income taxes
€160▼
2023 · €593
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€584k€574k▼
Fixed assets21/28€563k€562k▼
Tangible fixed assets22/27€13k€12k▼
Furniture and vehicles24€7k€4k▼
Other tangible fixed assets26€6k€8k▲
Financial fixed assets28€550k€550k=
Current assets29/58€21k€11k▼
Amounts receivable within one year40/41€10k€225▼
Trade receivables40€10k€225▼
Cash at bank and in hand54/58€11k€11k▲
Deferred charges and accrued income490/1€206-
Equity and liabilities
Total equity and liabilities10/49€584k€574k▼
Equity10/15€2k€97k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€427€95k▲
Amounts payable17/49€581k€477k▼
Amounts payable after more than one year17€530k€425k▼
Other amounts payable178/9€530k€425k▼
Amounts payable within one year42/48€47k€49k▲
Current portion of amounts payable after more than one year42€14k€19k▲
Trade debts44€12k€2k▼
Suppliers440/4€12k€2k▼
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Other amounts payable47/48€18k€23k▲
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k▲
Other operating charges640/8€161€454▲
Gross operating margin9900€7k€8k▲
Operating profit (loss)9901€5k€2k▼
Financial income75/76B-€100k
Recurring financial income75-€100k
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€1k€95k▲
Income taxes67/77€593€160▼
Profit (loss) for the period9904€427€95k▲
Profit (loss) for the period to be appropriated9905€427€95k▲
Appropriation of the result
Profit (loss) to be appropriated9906€427€95k▲
Profit (loss) brought forward from the previous period14P-€427
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €5k | ▲ 198% |
| Other operating charges640/8 | €161 | €454 | ▲ 182% |
| Gross operating margin9900 | €7k | €8k | ▲ 12.5% |
| Operating profit (loss)9901 | €5k | €2k | ▼ 56.4% |
| Financial income75/76B | - | €100k | - |
| Recurring financial income75 | - | €100k | - |
| Financial charges65/66B | €4k | €7k | ▲ 91.2% |
| Recurring financial charges65 | €4k | €7k | ▲ 91.2% |
| Profit (loss) for the period before taxes9903 | €1k | €95k | ▲ 9,180% |
| Income taxes67/77 | €593 | €160 | ▼ 73.0% |
| Profit (loss) for the period9904 | €427 | €95k | ▲ 22,033% |
| Profit (loss) for the period to be appropriated9905 | €427 | €95k | ▲ 22,033% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €584k | €574k | ▼ 1.8% |
| Fixed assets21/28 | €563k | €562k | ▼ 0.1% |
| Tangible fixed assets22/27 | €13k | €12k | ▼ 5.8% |
| Furniture and vehicles24 | €7k | €4k | ▼ 38.7% |
| Other tangible fixed assets26 | €6k | €8k | ▲ 34.3% |
| Financial fixed assets28 | €550k | €550k | = |
| Current assets29/58 | €21k | €11k | ▼ 45.6% |
| Amounts receivable within one year40/41 | €10k | €225 | ▼ 97.8% |
| Trade receivables40 | €10k | €225 | ▼ 97.8% |
| Cash at bank and in hand54/58 | €11k | €11k | ▲ 4.3% |
| Deferred charges and accrued income490/1 | €206 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €584k | €574k | ▼ 1.8% |
| Equity10/15 | €2k | €97k | ▲ 3,895% |
| Contributions10/11 | €2k | €2k | = |
| Profit (loss) carried forward14 | €427 | €95k | ▲ 22,133% |
| Amounts payable17/49 | €581k | €477k | ▼ 18.0% |
| Amounts payable after more than one year17 | €530k | €425k | ▼ 19.8% |
| Other amounts payable178/9 | €530k | €425k | ▼ 19.8% |
| Amounts payable within one year42/48 | €47k | €49k | ▲ 2.4% |
| Current portion of amounts payable after more than one year42 | €14k | €19k | ▲ 35.7% |
| Trade debts44 | €12k | €2k | ▼ 85.6% |
| Suppliers440/4 | €12k | €2k | ▼ 85.6% |
| Taxes, remuneration and social security45 | €3k | €5k | ▲ 46.9% |
| Taxes450/3 | €3k | €5k | ▲ 46.9% |
| Other amounts payable47/48 | €18k | €23k | ▲ 28.3% |
| Accrued charges and deferred income492/3 | €4k | €3k | ▼ 24.2% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €427 | €95k | ▲ 22,033% |
| + Depreciation and write-downs630 | €2k | €5k | ▲ 198% |
| Operating cash flow (approximation) | €2k | €100k | ▲ 4,621% |
| Investment in fixed assets (approximation) | - | €-4k | - |
| Change in cash | - | €465 | - |
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
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 12 days late
2024
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
NBB filing
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2023
Ground area
377 m²
Building footprint
119 m²
Volume, LiDAR
1,950 m³
Parcel 62805B0315/00Y007, Wallonia · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
REDUX
since 20232.346.776.428
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62805B0315/00Y007 | Wallonia | 377 m² | 1 · 119 m² | 18.6 m · 5 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.
Similar companies · same sector, comparable size
Kortimmo
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K Consulting
BE 0705.826.240
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LE CHÈVRALIER
BE 0754.614.270
Messancy · Eq €96,951
Bart Van der Auwelaer Consultancy
BE 0755.752.833
Antwerpen · Eq €96,958
T-REX COMPANY
BE 0791.940.464
Etterbeek · Eq €96,959
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,566 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail
welteralix@gmail.com
Phone
+32486893768
Scores and ratios are computed by Checked and are not a credit decision.