REDWOOD S.L.
ActiveREDWOOD S.L. has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €-69k. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 17% of 16888 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency22▼-76
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.1 against 2.6 in 2024), and 87.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
12.9%
Return on assets
-94.5%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€69k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 16888 sector peers (2025).
NBB · sector comparisonPosition among 16888 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
26 d late
2023
13 d late
2022
4 d late
2021
23 d late
2020
30 d late
2019
69 d late
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
11-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 88.0%
2024 · €78k
2018: €101k
2019: €63k
2020: €105k
2021: €67k
2022: €78k
2023: €84k
2024: €78k
2018 → 2025
Total assets
€73k▼ 50.9%
2024 · €149k
2018: €125k
2019: €76k
2020: €119k
2021: €152k
2022: €137k
2023: €153k
2024: €149k
2018 → 2025
Net result
€-69k▼ 1,213%
2024 · €-5k
2018: €-12k
2019: €-38k
2020: €42k
2021: €12k
2022: €12k
2023: €7k
2024: €-5k
2018 → 2025
Working capital
€6k▼ 92.9%
2024 · €89k
2018: €88k
2019: €56k
2020: €101k
2021: €62k
2022: €63k
2023: €108k
2024: €89k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€67k-€78k▲ 16.4%€84k▲ 7.6%€78k▼ 6.3%€9k▼ 88.0%
Operating result€16k-€19k▲ 13.4%€29k▲ 56.1%€33k▲ 13.7%€-55k
Net result€12k-€12k▲ 0.1%€7k▼ 42.9%€-5k€-69k▼ 1,213%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €55k after €33k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€3k▼ 15.2%
Current assets
€70k▼ 51.8%
Equity and liabilities €73k
Equity
€9k▼ 88.0%
Provisions
€0▼ 100%
Debt
€64k▲ 13.9%
The debt ratio rises from 37.5% to 87.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-53k▼
2024 · €35k
Cash flow
€-67k▼
2024 · €-3k
Solvency
12.9%▼
2024 · 52.7%
Current ratio
1.10▼
2024 · 2.60
Quick ratio
1.10▼
2024 · 2.60
Debt / equity
6.73▲
2024 · 0.71
ROE
-729.9%▼
2024 · -6.7%
ROA
-94.5%▼
2024 · -3.5%
Interest coverage
-3.80▼
2024 · 0.93
Debt
€64k▲
2024 · €56k
Debt ≤ 1 year
€64k▲
2024 · €56k
Income taxes
€174▲
2024 · €164
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€149k€73k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€3k€3k▼
Other tangible fixed assets26€639€405▼
Current assets29/58€145k€70k▼
Amounts receivable within one year40/41€25k€23k▼
Trade receivables40€14k€9k▼
Other amounts receivable41€11k€14k▲
Cash at bank and in hand54/58€118k€45k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€149k€73k▼
Equity10/15€78k€9k▼
Contributions10/11€12k€12k=
Reserves13€19k€19k=
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€47k€-22k▼
Provisions and deferred taxes16€14k-
Provisions for liabilities and charges160/5€14k-
Other liabilities and charges164/5€14k-
Amounts payable17/49€56k€64k▲
Amounts payable within one year42/48€56k€64k▲
Trade debts44€2k€7k▲
Suppliers440/4€2k€7k▲
Taxes, remuneration and social security45€16k€16k▲
Taxes450/3€14k€3k▼
Remuneration and social security454/9€2k€13k▲
Other amounts payable47/48€38k€40k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-14k€-14k▼
Other operating charges640/8€437€583▲
Gross operating margin9900€22k€-67k▼
Operating profit (loss)9901€33k€-55k▼
Financial income75/76B€2€12▲
Recurring financial income75€2€12▲
Financial charges65/66B€38k€14k▼
Recurring financial charges65€38k€14k▼
Profit (loss) for the period before taxes9903€-5k€-69k▼
Income taxes67/77€164€174▲
Profit (loss) for the period9904€-5k€-69k▼
Profit (loss) for the period to be appropriated9905€-5k€-69k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€-22k▼
Profit (loss) brought forward from the previous period14P€52k€47k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-69k
Net result drops to €-69k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €42k
Net result €42k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €105k ▲66.5%
Equity rises from €63k to €105k.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
06-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 37 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.
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Directors · office · real estate
Directors
1 director, last change in 2023
Serge Luca
CurrentDirector · since 23-11-2023
23-11-2023
Appointed as Director
Not every act has been read: a resignation may be missing here
1 of this company's 1 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2001
Ground area
2,019 m²
Building footprint
616 m²
Volume, LiDAR
8,709 m³
Parcel 21612D0099/00P000, Brussels · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Jean en Pierre Carsoellaan 133, 1180 Ukkel
since 20012.068.545.091
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0099/00P000 | Brussels | 2,019 m² | 1 · 616 m² | 17.7 m · 5 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.
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Of 16,804 companies in sector 62100 we hold annual accounts for 8,748. 4,298 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-09-1994
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.