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REDUX

Active
Private limited companyfounded 2023active for 3 yearsRue Fabry 15, 4000 Liège, BelgiumKBO/BCE: BE 0803.319.653
Summary

REDUX has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189,991 and a net result of €93,037. Equity is growing by about 97% per year across the filed financial years. Its solvency ranks better than 34% of 10,777 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

Turnover
≈ €21,000
Estimated: probably between €9,200 and €52,000
EBIT margin
Not included in this filing
Net result
€93,037▼ 1.6%
2024 · €94,527
Working capital
-€19,852▲ 46.7%
2024 · -€37,227
Trend over the years

2023 to 2025, 3 financial years

The operating result turns negative in 2025: a loss of €433 after €2,144 in 2024, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€433 2025 Net result€93,037 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€4,920-€2,144▼ 56.4%-€433
Net result€427below the sector's middle half-€94,527within the sector's middle half▲ 221×€93,037within the sector's middle half▼ 1.6%
Equity€2,427below the sector's middle half-€96,954below the sector's middle half▲ 40×€189,991within the sector's middle half▲ 96.0%
Total assets€583,852within the sector's middle half-€573,563within the sector's middle half▼ 1.8%€569,517within the sector's middle half▼ 0.7%
Debt€581,424-€476,609▼ 18.0%€379,526▼ 20.4%
Working capital-€26,544within the sector's middle half--€37,227within the sector's middle half▼ 40.2%-€19,852within the sector's middle half▲ 46.7%
Solvency0.4%below the sector's middle half-16.9%below the sector's middle half▲ 16.5pp33.4%within the sector's middle half▲ 16.5pp
Current ratio0.44below the sector's middle half-0.23below the sector's middle half▼ 0.210.39below the sector's middle half▲ 0.15
Return on assets (ROA)0.1%below the sector's middle half-16.5%above the sector's middle half▲ 16.4pp16.3%above the sector's middle half▼ 0.1pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €569,517
Fixed assets €556,950 ▼ 0.9%
Current assets €12,567 ▲ 10.2%
Equity and liabilities €569,517
Equity €189,991 ▲ 96.0%
Debt €379,526 ▼ 20.4%
Debt's share of the balance-sheet total falls from 83.1% to 66.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,776▼
2024 · €7,151
Cash flow
€98,246▼
2024 · €99,535
Debt to equity
2.00▼
2024 · 4.92
ROE
49.0%▼
2024 · 97.5%
Interest coverage
0.75▼
2024 · 0.96
Debt ≤ 1 year
€32,419▼
2024 · €48,631
Debt > 1 year
€344,000▼
2024 · €425,000
Income taxes
€165▲
2024 · €160
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€573,563€569,517▼
Fixed assets21/28€562,159€556,950▼
Tangible fixed assets22/27€12,159€6,950▼
Furniture and vehicles24€4,338€1,599▼
Other tangible fixed assets26€7,821€5,351▼
Financial fixed assets28€550,000€550,000=
Current assets29/58€11,404€12,567▲
Amounts receivable within one year40/41€225€854▲
Trade receivables40€225€854▲
Cash at bank and in hand54/58€11,179€11,605▲
Deferred charges and accrued income490/1-€108
Equity and liabilities
Total equity and liabilities10/49€573,563€569,517▼
Equity10/15€96,954€189,991▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€94,954€187,991▲
Amounts payable17/49€476,609€379,526▼
Amounts payable after more than one year17€425,000€344,000▼
Other amounts payable178/9€425,000€344,000▼
Amounts payable within one year42/48€48,631€32,419▼
Current portion of amounts payable after more than one year42€19,000-
Trade debts44€1,766€3,417▲
Suppliers440/4€1,766€3,417▲
Taxes, remuneration and social security45€5,068€4,727▼
Taxes450/3€5,068€4,727▼
Other amounts payable47/48€22,797€24,275▲
Accrued charges and deferred income492/3€2,978€3,107▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,008€5,209▲
Other operating charges640/8€454€414▼
Gross operating margin9900€7,605€5,189▼
Operating profit (loss)9901€2,144-€433▼
Financial income75/76B€100,000€100,000=
Recurring financial income75€100,000€100,000=
Financial charges65/66B€7,456€6,365▼
Recurring financial charges65€7,456€6,365▼
Profit (loss) for the period before taxes9903€94,687€93,202▼
Income taxes67/77€160€165▲
Profit (loss) for the period9904€94,527€93,037▼
Profit (loss) for the period to be appropriated9905€94,527€93,037▼
Appropriation of the result
Profit (loss) to be appropriated9906€94,954€187,991▲
Profit (loss) brought forward from the previous period14P€427€94,954▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,681€5,008€5,209▲ 4.0%
Other operating charges640/8€161€454€414▼ 8.8%
Gross operating margin9900€6,763€7,605€5,189▼ 31.8%
Operating profit (loss)9901€4,920€2,144-€433-
Financial income75/76B-€100,000€100,000=
Recurring financial income75-€100,000€100,000=
Financial charges65/66B€3,900€7,456€6,365▼ 14.6%
Recurring financial charges65€3,900€7,456€6,365▼ 14.6%
Profit (loss) for the period before taxes9903€1,020€94,687€93,202▼ 1.6%
Income taxes67/77€593€160€165▲ 3.1%
Profit (loss) for the period9904€427€94,527€93,037▼ 1.6%
Profit (loss) for the period to be appropriated9905€427€94,527€93,037▼ 1.6%
Line202320242025Change
Assets
Total assets20/58€583,852€573,563€569,517▼ 0.7%
Fixed assets21/28€562,902€562,159€556,950▼ 0.9%
Tangible fixed assets22/27€12,902€12,159€6,950▼ 42.8%
Furniture and vehicles24€7,078€4,338€1,599▼ 63.1%
Other tangible fixed assets26€5,824€7,821€5,351▼ 31.6%
Financial fixed assets28€550,000€550,000€550,000=
Current assets29/58€20,950€11,404€12,567▲ 10.2%
Amounts receivable within one year40/41€10,029€225€854▲ 280%
Trade receivables40€10,029€225€854▲ 280%
Cash at bank and in hand54/58€10,714€11,179€11,605▲ 3.8%
Deferred charges and accrued income490/1€206-€108-
Equity and liabilities
Total equity and liabilities10/49€583,852€573,563€569,517▼ 0.7%
Equity10/15€2,427€96,954€189,991▲ 96.0%
Contributions10/11€2,000€2,000€2,000=
Profit (loss) carried forward14€427€94,954€187,991▲ 98.0%
Amounts payable17/49€581,424€476,609€379,526▼ 20.4%
Amounts payable after more than one year17€530,000€425,000€344,000▼ 19.1%
Other amounts payable178/9€530,000€425,000€344,000▼ 19.1%
Amounts payable within one year42/48€47,494€48,631€32,419▼ 33.3%
Current portion of amounts payable after more than one year42€14,000€19,000--
Trade debts44€12,272€1,766€3,417▲ 93.5%
Suppliers440/4€12,272€1,766€3,417▲ 93.5%
Taxes, remuneration and social security45€3,451€5,068€4,727▼ 6.7%
Taxes450/3€3,451€5,068€4,727▼ 6.7%
Other amounts payable47/48€17,771€22,797€24,275▲ 6.5%
Accrued charges and deferred income492/3€3,931€2,978€3,107▲ 4.3%
Line202320242025Change
Profit (loss) for the period9904€427€94,527€93,037▼ 1.6%
+ Depreciation and write-downs630€1,681€5,008€5,209▲ 4.0%
Operating cash flow (approximation)€2,109€99,535€98,246▼ 1.3%
Investment in fixed assets (approximation)--€4,265€0-
Change in cash-€465€425▼ 8.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 abbreviated format 27-06-2026 2026-00217699
31-12-2024 full format 12-08-2025 2025-00371974
31-12-2023 full format 02-05-2024 2024-00079908

Similar companies · same sector, comparable size

Of the 82,511 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,625. 41,405 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.