REDWOOD CAPITAL

Active

Private limited companyfounded 20224 yrs activeHamoirlaan 12, 1180 Ukkel, BelgiumKBO/BCE: BE 0788.463.510

Summary

The computed 12-month bankruptcy probability of REDWOOD CAPITAL is 10.7% (high). The 2025 annual accounts show negative equity (€-74k) and a net result of €-38k. Equity is shrinking by ~80.5% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

REDWOOD CAPITALActiveChecked score 7/100

Risk analysis Report Compare

Checked score

Score 2025

7 / 100

Critical

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency0=

Growth32=

Track record94

Bankruptcy probability, 12 months

10.7% High

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.07; cash: 3.4% of total assets), and equity is negative.

Credit check for your own amount and term

Signals

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

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Return on assets

-700.6%

Age of the figures

9 mo

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

232425

2023 to 2025 · latest year €-74k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

3 d early

2024

43 d early

2023

61 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 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, abbreviated schema

Equity

€-74k▼ 107%

2024 · €-36k

2023: €-16khighest in 3 years 2024: €-36k▼ -118% vs 2023 2025: €-74k▼ -107% vs 2024lowest in 3 years

2023 → 2025

Total assets

€5k▲ 1,473%

2024 · €348

2023: €177lowest in 3 years 2024: €348▲ +96.5% vs 2023 2025: €5k▲ +1473% vs 2024highest in 3 years

2023 → 2025

Net result

€-38k▼ 97.3%

2024 · €-19k

2023: €-16khighest in 3 years 2024: €-19k▼ -18.0% vs 2023 2025: €-38k▼ -97.3% vs 2024lowest in 3 years

2023 → 2025

Working capital

€-74k▼ 107%

2024 · €-36k

2023: €-16khighest in 3 years 2024: €-36k▼ -118% vs 2023 2025: €-74k▼ -107% vs 2024lowest in 3 years

2023 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€-16k-€-36k▼ 118%€-74k▼ 107% 2023: €-16khighest in 3 years 2024: €-36k▼ -118% vs 2023 2025: €-74k▼ -107% vs 2024lowest in 3 years

Operating result€-16k-€-19k▼ 17.0%€-38k▼ 101% 2023: €-16khighest in 3 years 2024: €-19k▼ -17.0% vs 2023 2025: €-38k▼ -101% vs 2024lowest in 3 years

Net result€-16k-€-19k▼ 18.0%€-38k▼ 97.3% 2023: €-16khighest in 3 years 2024: €-19k▼ -18.0% vs 2023 2025: €-38k▼ -97.3% vs 2024lowest in 3 years

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

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €38k in 2025 against €19k in 2024; the loss grows and 2025 has the lowest result in the available series.

Key figures and ratios

2025 value · change against 2024

Current ratio

0.07

Debt to equity

-1.07

ROA

-700.6%

Debt

€80k▲

2024 · €36k

Debt ≤ 1 year

€80k▲

2024 · €36k

A ratio outside any meaningful range has been withheld (balance sheet total €5k, equity €-74k).

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

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines

Balance sheet Code20242025

Assets

Total assets20/58€348€5k▲

Current assets29/58€348€5k▲

Amounts receivable within one year40/41€4€5k▲

Trade receivables40-€5k

Other amounts receivable41€4€0▼

Cash at bank and in hand54/58€344€185▼

Equity and liabilities

Total equity and liabilities10/49€348€5k▲

Equity10/15€-36k€-74k▼

Contributions10/11€1€1=

Profit (loss) carried forward14€-36k€-74k▼

Amounts payable17/49€36k€80k▲

Amounts payable within one year42/48€36k€80k▲

Trade debts44€34k€924▼

Suppliers440/4€34k€924▼

Other amounts payable47/48€3k€79k▲

Income statement Code20242025

Other operating charges640/8€387€7k▲

Gross operating margin9900€-18k€-30k▼

Operating profit (loss)9901€-19k€-38k▼

Financial charges65/66B€712€619▼

Recurring financial charges65€712€619▼

Profit (loss) for the period before taxes9903€-19k€-38k▼

Profit (loss) for the period9904€-19k€-38k▼

Profit (loss) for the period to be appropriated9905€-19k€-38k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-36k€-74k▼

Profit (loss) brought forward from the previous period14P€-16k€-36k▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2023	2024	2025	Change
Other operating charges640/8	€739	€387	€7k	▲ 1,829%
Gross operating margin9900	€-15k	€-18k	€-30k	▼ 65.0%
Operating profit (loss)9901	€-16k	€-19k	€-38k	▼ 101%
Financial charges65/66B	€468	€712	€619	▼ 13.1%
Recurring financial charges65	€468	€712	€619	▼ 13.1%
Profit (loss) for the period before taxes9903	€-16k	€-19k	€-38k	▼ 97.3%
Profit (loss) for the period9904	€-16k	€-19k	€-38k	▼ 97.3%
Profit (loss) for the period to be appropriated9905	€-16k	€-19k	€-38k	▼ 97.3%

Line	2023	2024	2025	Change
Assets
Total assets20/58	€177	€348	€5k	▲ 1,473%
Current assets29/58	€177	€348	€5k	▲ 1,473%
Amounts receivable within one year40/41	-	€4	€5k	▲ 141,803%
Trade receivables40	-	-	€5k	-
Other amounts receivable41	-	€4	€0	▼ 100%
Cash at bank and in hand54/58	€177	€344	€185	▼ 46.4%
Equity and liabilities
Total equity and liabilities10/49	€177	€348	€5k	▲ 1,473%
Equity10/15	€-16k	€-36k	€-74k	▼ 107%
Contributions10/11	€1	€1	€1	=
Profit (loss) carried forward14	€-16k	€-36k	€-74k	▼ 107%
Amounts payable17/49	€17k	€36k	€80k	▲ 120%
Amounts payable within one year42/48	€17k	€36k	€80k	▲ 120%
Trade debts44	€16k	€34k	€924	▼ 97.3%
Suppliers440/4	€16k	€34k	€924	▼ 97.3%
Other amounts payable47/48	€999	€3k	€79k	▲ 2,863%

Line	2023	2024	2025	Change
Profit (loss) for the period9904	€-16k	€-19k	€-38k	▼ 97.3%
Operating cash flow (approximation)	€-16k	€-19k	€-38k	▼ 97.3%
Change in cash	-	€167	€-160	▼ 196%

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

All 4Financial 1Filings 3

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Weakest financial yearnet €-38k

Net result drops to €-38k, the lowest in the series.

18-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 61 days late

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

0 of 1 act read

About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

1 act for this company is 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, Ukkel · 1 establishment unit since 2022

seat establishment The establishment unit on the map

Ground area

1.3 ha

Building footprint

914 m²

Volume, LiDAR

14,327 m³

Parcel 21612C0294/00Z019, Brussels · tallest building 18.9 m, ±6 floors. Linked by address, not a title deed.

45 companies at this address See who is registered here

1 establishment unit

REDWOOD CAPITAL

Hamoirlaan 12, 1180 UkkelHoldings

since 20222.335.751.387

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21612C0294/00Z019	Brussels	1.3 ha	1 · 914 m²	18.9 m · 6 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.

Identification & contact

Identification

Legal formPrivate limited company

Founded11-07-2022

Fiscal year end31-12

Scores and ratios are computed by Checked and are not a credit decision.