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REDIRACK

Active
Public limited company·Ontwikkeling van residentiële bouwprojecten· 40 yrs active
Boomsesteenweg 492 ·2020 Antwerpen, Belgium
KBO/BCE: BE 0428.461.371
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age40 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of REDIRACK is 0.1% (very low). The 2024 annual accounts show equity of €450k and a net result of €67k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 88% of 1697 sector peers (fiscal year 2024). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

3 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 88% of 1697 peers (2024). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
Long-established
Founded in 1986, 40 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Long track record Lower-risk legal form

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€67k+268.9%
Working capital€-119k+36.0%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 25-06-2025 with the NBB · fiscal year 2024 · verkort
€0€25k€50k€75k€100kOperating result 2020: €21k€21kNet result 2020: €14k€14kOperating result 2021: €36k€36kNet result 2021: €18k€18kOperating result 2022: €37k€37kNet result 2022: €24k€24kOperating result 2023: €34k€34kNet result 2023: €18k€18kOperating result 2024: €95k€95kNet result 2024: €67k€67k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~5.5%/year over 7 fiscal years, indicative, assuming unchanged policy.
€300k€400k€500k2025: €429k (€393k - €465k)2026: €453k (€417k - €489k)2027: €478k (€442k - €514k)2018: €311k2019: €315k2020: €323k2021: €341k2022: €365k2023: €383k2024: €450k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 79.0% 14.3%
better than 88% of 1697 sector peers
Net result €67k €0
better than 79% of 1693 sector peers
Equity €450k €108k
better than 69% of 1697 sector peers
Gross operating margin €100k €52k
better than 61% of 1694 sector peers
Total assets €569k €1.50M
better than 27% of 1697 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P88
2020: P76 · n=4612021: P78 · n=6942022: P80 · n=10992023: P83 · n=14362024: P88 · n=16972020 2024
Stable position over 2020-2024 · n=461-1697
Net result P79
2020: P47 · n=4612021: P60 · n=6942022: P67 · n=10992023: P66 · n=14322024: P79 · n=16932020 2024
Improving position over 2020-2024 · n=461-1693
Equity P69
2020: P52 · n=4612021: P58 · n=6942022: P64 · n=10992023: P67 · n=14362024: P69 · n=16972020 2024
Improving position over 2020-2024 · n=461-1697
Gross operating margin P61
2020: P31 · n=4602021: P43 · n=6922022: P48 · n=10952023: P48 · n=14322024: P61 · n=16942020 2024
Improving position over 2020-2024 · n=460-1694
Describes the position versus peers, not a forecast.
Net profit
€67k
+268.9% 18-24
Total assets
€569k
+0.1% 18-24
Equity
€450k
+17.4% 18-24
Working capital
€-119k
+36.0% 18-24
Income taxes
€21k
+203.0% 18-24
Debt
€119k
-35.6% 18-24
Debt ≤ 1y
€119k
-35.6% 18-24
Debt > 1y
€35k
- 18-24
Current ratio
0.01
+950.9% 18-24
Quick ratio
0.01
+950.9% 18-24
Solvency
79.0%
+17.3% 18-24
Debt / equity
0.27
-45.2% 18-24
ROE
14.8%
+214.2% 18-24
ROA
11.7%
+268.5% 18-24
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA-
Net profit€67k
Cash flow-
Staff costs-
Income taxes€21k
Dividends-
Total assets€569k
Equity€450k
Debt€119k
of which ≤ 1y€119k
of which > 1y-
Working capital€-119k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.01
Quick ratio0.01
Working capital ratio-20.8%
Solvency79.0%
Debt / equity0.27
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA11.7%
ROE14.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€569k
Fixed assets 21/28€569k
Tangible fixed assets 22/27€28k
Financial fixed assets 28€541k
Current assets 29/58€739
Cash & bank 54/58€739
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€569k
Equity 10/15€450k
Contributions / capital 10/11€175k
Reserves 13€275k
Accumulated profits (losses) 14€244
Amounts payable 17/49€119k
Amounts payable within one year 42/48€119k
Trade debts payable within one year 44€30
Income statement
Gross operating margin 9900€100k
Operating result 9901€95k
Financial charges 65€7k
Result before taxes 9903€88k
Income taxes 67/77€21k
Net result for the period 9904€67k
Result to be appropriated 9905€67k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
63 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
4 companies at this address See who is registered here

Establishment units

1 location
REDIRACK
Boomsesteenweg 492, 2020 AntwerpenVerhuur van woningen, exclusief sociale woningen
since 19932.102.554.281
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area832 m²
Buildings1
Building footprint832 m²
Volume (LiDAR)5,574 m³
Tallest building17.0 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11809I2333/00P003 Flanders 832 m² 1 · 832 m² 17.0 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 2 years ago
2024
08-01-2024 Publication in the Belgian Official Gazette, Minor change Minor change·Sofie Vermeersch
Summary: Statutes changeNotary: Sofie Vermeersch · Oudenburg

Analysis

Snowflake analysis

financial profile on 5 axes
Health63Profitability74Solvency67Growth78Stability100
76 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 63
Profitability 74
Solvency 67
Growth 78
Stability 100

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Projectontwikkeling voor woningbouw70111Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen47781Overige detailhandel, niet in winkels en exclusief markt- en straathandel47990Overige detailhandel, niet in winkels52630
Primary activity highlighted.
Names & trade names
Legal nameNL REDIRACK
Registered office
Boomsesteenweg 492
2020 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.