REDOT
ActiveSummary
The computed 12-month bankruptcy probability of REDOT is 1.7% (moderate). The 2024 annual accounts show equity of €53k and a net result of €9k. Equity is growing by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 72% of 1330 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability65▼-35
Solvency90▼-7
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.83 against 3.54 in 2023; short-term debt: 35.4% and cash: 0% of total assets), and 35.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
64.6%
Return on assets
10.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-10-2025, 84 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
84 d late
2023
30 d late
2022
on the day
2021
92 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€53k▲ 20.3%
2023 · €44k
2021: €15k
2022: €27k
2023: €44k
2021 → 2024
Total assets
€83k▲ 33.6%
2023 · €62k
2021: €33k
2022: €44k
2023: €62k
2021 → 2024
Net result
€9k▼ 48.5%
2023 · €17k
2021: €11k
2022: €12k
2023: €17k
2021 → 2024
Working capital
€53k▲ 20.3%
2023 · €44k
2021: €15k
2022: €27k
2023: €44k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€15k-€27k▲ 76.3%€44k▲ 64.9%€53k▲ 20.3%
Operating result€14k-€15k▲ 5.2%€22k▲ 51.6%€16k▼ 29.8%
Net result€11k-€12k▲ 3.3%€17k▲ 49.9%€9k▼ 48.5%
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 2024; 2024 is 30% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €83k
Equity
€53k ▲ 20.3%
Debt
€29k ▲ 67.7%
Debt's share of the balance-sheet total rises from 28.2% to 35.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.83▼
2023 · 3.54
Debt to equity
0.55▲
2023 · 0.39
ROE
16.9%▼
2023 · 39.3%
ROA
10.9%▼
2023 · 28.2%
Debt ≤ 1 year
€29k▲
2023 · €17k
Income taxes
€6k▲
2023 · €5k
Staff costs
€163▲
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet
Code20232024
Assets
Total assets20/58€62k€83k▲
Current assets29/58€62k€83k▲
Amounts receivable within one year40/41€59k€80k▲
Trade receivables40€21k€16k▼
Other amounts receivable41€38k€64k▲
Cash at bank and in hand54/58€1k€13▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€62k€83k▲
Equity10/15€44k€53k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€40k€49k▲
Amounts payable17/49€17k€29k▲
Amounts payable within one year42/48€17k€29k▲
Trade debts44€10k€18k▲
Suppliers440/4€10k€18k▲
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€8k€11k▲
Remuneration and social security454/9€0-
Income statement
Code20232024
Remuneration, social security and pensions62€0€163▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€24k€19k▼
Operating profit (loss)9901€22k€16k▼
Financial income75/76B-€60
Recurring financial income75-€60
Financial charges65/66B€359€572▲
Recurring financial charges65€359€572▲
Profit (loss) for the period before taxes9903€22k€15k▼
Income taxes67/77€5k€6k▲
Profit (loss) for the period9904€17k€9k▼
Profit (loss) for the period to be appropriated9905€17k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€49k▲
Profit (loss) brought forward from the previous period14P€23k€40k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 84 days late
2024
31-12
Financial
Weakest financial yearnet €9k ▼48.5%
Net result drops to €9k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2021net €17k ▲49.9%
Operating result €22k, net result €17k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lokeren · 1 establishment unit since 2021
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.
Brugstraat 239160 LokerenGround area
111 m²
Building footprint
100 m²
Volume, LiDAR
788 m³
Parcel 46384E1247/00W000, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
REDOT
since 20212.311.191.977
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384E1247/00W000 | Flanders | 111 m² | 1 · 100 m² | 9.8 m · 3 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.
Similar companies · same sector, comparable size
AZRAK GROUP
BE 0842.520.422
Anderlecht · Eq €53,447
AMC
BE 0779.951.660
Zele · Eq €53,271
HD INFRA
BE 0751.739.013
Zele · Eq €52,914
SABRI60
BE 0758.469.526
Zaventem · Eq €54,433
EFS Group
BE 0795.759.492
Beringen · Eq €52,384
Of 1,825 companies in sector 42220 we hold annual accounts for 958. 690 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.