Redwire Space
ActiveSummary
The annual accounts of Redwire Space for financial year 2025 show a net loss of 1,879% of the equity at the start of that year. The 2025 annual accounts show equity of €1.2m and a net result of -€20.9m. Equity has been shrinking by about 25% per year since 2019. Its solvency ranks better than 12% of 892 sector peers (NACE 71, financial year 2025). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Official details
Source: KBO- Status
- Active since 29-11-1989 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment units
- 2.053.389.733 9150 Beveren-Kruibeke-Zwijndrecht, since 08-07-1991
- 2.150.441.401 9150 Beveren-Kruibeke-Zwijndrecht, since 14-12-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Board and ownership
- Christopher (roepnaam: Chris) EdmundsManaging director
- Peter Cannito JRManaging director
- Frank Preud'hommeDirector · since 28-06-2022
- Auditor
- KPMG Bedrijfsrevisoren
- Redwire Space Europe LLC100%annual accounts 2025
- Redwire Corporationconsolidatesannual accounts 2025
- Holdings
- Shares in 1 company Redwire Poland
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
- Turnover
- €50.4m
- ▲ 10.7%
- Loss
- €20.9m
- ▲ 364%
- Equity
- €1.2m
- ▲ 5.3%
- Total assets
- €45.5m
- ▲ 37.2%
- Employees on 31-12-2025
- 157
- ▲ 17.2%
- 2025 accounts filed 67 days after the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €20.9m, the second in a row (financial year 2025)Equity €1.2m (2.6% of total assets)Last filed accounts filed 67 days late; 2 of the last 3 accounts latelowers riskSize: turnover €50.4m, 140.7 FTE, total assets €45.5m, files consolidated accountsShow the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, medium-sized). It does better than 10% of them on solvency, 18% on liquidity, 2% on profitability and 63% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€20.9m View
- Caution: Result fell in 2025from -€4.5m to -€20.9m ▼ 364% View
- Caution: Lower net result than 95% of companies in architecture and engineeringsector median €35,976 · 894 companies -€20.9m View
- Flemish supportawarded from 2022 to 2025 €332,067 View
- A director leftlatest change 01-12-2025 · 7 in office 1 left View
Recent changes
- · Gazette deed Capital increase of €21,000,000 to €24,190,000Resignation: Jonathan Baliff (director)
- · Gazette deed Appointments: Michael Nemiah Gold (director) and Marcus Dielissen (director)Resignation: Erik Masure (director)
- · Gazette deed Capital increase of €2,190,000 to €3,190,000
Comparable companies
These companies have the same main activity as Redwire Space: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €33m and €60m, founded between 1986 and 1999.
| Company | Total assets | Turnover |
|---|---|---|
| Redwire Space Beveren-Kruibeke-Zwijndrecht | €45.5m | €50.4m |
| ICOS VISION SYSTEMS Leuven | €47.5m | €36.6m |
| AZO Antwerpen | €38.5m | €46.4m |
| ONDERZOEKSCENTRUM VOOR AANWENDING VAN STAAL Zelzate | €51.1m | €26.7m |
| PITS Asse | €60.3m | €35.4m |
| CAMCO TECHNOLOGIES Leuven | €40.2m | €37.4m |
| GENETEC Namur | €32.7m | €27.9m |
Key facts about Redwire Space
- What is the company number of Redwire Space?
- The company number of Redwire Space is 0439.039.321. The VAT number is the same number with BE in front: BE 0439.039.321.
- Where is Redwire Space based?
- The registered office is at Hogenakkerhoekstraat 9, 9150 Beveren-Kruibeke-Zwijndrecht.Company details
- What does Redwire Space do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of Redwire Space?
- The legal form of Redwire Space is Public limited company (NV).
- When was Redwire Space founded?
- Redwire Space was founded on 29-11-1989.
- Is Redwire Space still active?
- Yes, Redwire Space is an active enterprise in the KBO register.
- How many employees does Redwire Space have?
- Redwire Space had an average of 140.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Redwire Space fall under?
- In its 2025 annual accounts, Redwire Space states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of Redwire Space?
- The turnover of Redwire Space was €50.4m in financial year 2025, according to the filed annual accounts.
- Is Redwire Space profitable?
- In financial year 2025, Redwire Space made a loss of €20.9m.
- Where can I find the annual accounts of Redwire Space?
- Redwire Space filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Redwire Space due?
- Redwire Space must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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