REDWIRE SOLUTIONS

Active

Private limited companyfounded 20179 yrs activeValleistraat(WIE) 2c, 2222 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0681.451.229

REDWIRE SOLUTIONS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €102k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Watch Print / PDF

Checked score

Score 2025

84 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency69▼-31

Growth78=

Track record100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €8k at 30 days acceptable

Liquidity ample (current ratio 1.61 against 5.88 in 2024; short-term debt: 55.8% and cash: 43.8% of total assets), but 55.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 62

Relative position

BE, all sectors

reference

Sector 62

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

44.2%

Return on assets

43.8%

Age of the figures

18 mo

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 15-10-2025, 16 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

16 d early

2024

43 d early

2023

4 d early

2022

3 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

31-03-2026 close22-09-2026 today31-10-2026 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€103k▼ 69.3%

2024 · €335k

2022: €103k 2023: €196k 2024: €335k

2022 → 2025

Total assets

€232k▼ 41.7%

2024 · €398k

2022: €128k 2023: €242k 2024: €398k

2022 → 2025

Net result

€102k▼ 26.7%

2024 · €139k

2022: €35k 2023: €93k 2024: €139k

2022 → 2025

Working capital

€79k▼ 74.6%

2024 · €309k

2022: €78k 2023: €166k 2024: €309k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€103k-€196k▲ 91.1%€335k▲ 70.7%€103k▼ 69.3%

Operating result€45k-€124k▲ 175%€188k▲ 51.4%€138k▼ 26.7%

Net result€35k-€93k▲ 170%€139k▲ 48.4%€102k▼ 26.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 27% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €232k

10%

89.6%

Fixed assets €24k▼ 7.4%

Current assets €208k▼ 44.1%

Equity and liabilities €232k

44.2%

55.8%

Equity €103k▼ 69.3%

Debt €129k▲ 105%

The debt ratio rises from 15.9% to 55.8%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€149k▼

2024 · €197k

Cash flow

€113k▼

2024 · €148k

Solvency

44.2%▼

2024 · 84.1%

Current ratio

1.61▼

2024 · 5.88

Quick ratio

1.61▼

2024 · 5.88

Debt / equity

1.26▲

2024 · 0.19

ROE

99.0%▲

2024 · 41.4%

ROA

43.8%▲

2024 · 34.8%

Interest coverage

31.84▼

2024 · 40.86

Debt

€129k▲

2024 · €63k

Debt ≤ 1 year

€129k▲

2024 · €63k

Income taxes

€32k▼

2024 · €44k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€398k€232k▼

Fixed assets21/28€26k€24k▼

Tangible fixed assets22/27€26k€24k▼

Land and buildings22€12k€10k▼

Plant, machinery and equipment23€7k€6k▼

Furniture and vehicles24€7k€8k▲

Current assets29/58€372k€208k▼

Amounts receivable within one year40/41€91k€59k▼

Trade receivables40€89k€56k▼

Other amounts receivable41€3k€3k▲

Current investments50/53€22k€47k▲

Cash at bank and in hand54/58€259k€102k▼

Equity and liabilities

Total equity and liabilities10/49€398k€232k▼

Equity10/15€335k€103k▼

Contributions10/11€1k€1k=

Reserves13€334k€102k▼

Distributable reserves133€334k€102k▼

Profit (loss) carried forward14-€0

Amounts payable17/49€63k€129k▲

Amounts payable within one year42/48€63k€129k▲

Trade debts44€5k€9k▲

Suppliers440/4€5k€9k▲

Taxes, remuneration and social security45€58k€52k▼

Taxes450/3€52k€34k▼

Remuneration and social security454/9€6k€18k▲

Other amounts payable47/48€0€68k▲

Income statement Code20242025

Non-recurring operating income76A€471€0▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲

Other operating charges640/8€419€2k▲

Gross operating margin9900€197k€151k▼

Operating profit (loss)9901€188k€138k▼

Financial income75/76B€12€370▲

Recurring financial income75€12€370▲

Financial charges65/66B€5k€5k▼

Recurring financial charges65€5k€5k▼

Profit (loss) for the period before taxes9903€183k€133k▼

Income taxes67/77€44k€32k▼

Profit (loss) for the period9904€139k€102k▼

Profit (loss) for the period to be appropriated9905€139k€102k▼

Appropriation of the result

Profit (loss) to be appropriated9906€139k€102k▼

Transfer from equity791/2-€334k

Transfer to equity691/2€139k€102k▼

To other reserves6921€139k€102k▼

Profit to be distributed694/7-€334k

Return on contributions (dividend)694-€334k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

Next filing, fiscal year 2026, expected by 31-10-2026

2025

15-10

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2024

18-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

31-03

Financial Highest result since 2022net €139k ▲48.4%

Operating result €188k, net result €139k, both a record.

31-03

Financial Equity above €200kEq €335k ▲70.7%

3 profitable years in a row build equity to €335k.

2023

27-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

31-03

Financial Equity above €150kEq €196k ▲91.1%

2 profitable years in a row build equity to €196k.

2022

28-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Heist-op-den-Berg · 1 establishment unit since 2017

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Valleistraat(WIE) 2c2222 Heist-op-den-Berg

Ground area

1,052 m²

Building footprint

135 m²

Volume, LiDAR

753 m³

Parcel 12039A0411/00D002, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

GP Consult

Valleistraat(WIE) 2c, 2222 Heist-op-den-BergManufacture of motor vehicles, trailers and semi-trailers

since 20172.268.187.820

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12039A0411/00D002	Flanders	1,052 m²	1 · 135 m²	6.2 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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 · 1 entry · 608 EUR awarded · 608 EUR paid

Year	Entries	awarded	paid
2023	1	608 EUR	608 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 608 EUR · 608 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Boortmeerbeek · Eq €103k

Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,562 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded08-09-2017

Fiscal year end31-03

Activities, NACEBEL

62020IT consultancy

62200Computer consultancy and computer facilities management

74201Photography, excluding press photography

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.