REDWOOD S.L.
ActiveSummary
The annual accounts of REDWOOD S.L. for fiscal year 2025 show a net loss of 94% of total assets and of 88% of the equity at the start of that year. 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 17043 sector peers (fiscal year 2025). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-22
Solvency38▼-40
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.1 against 2.6 in 2024; short-term debt: 87.1% and cash: 62% of total assets), and 87.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. 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 17043 sector peers (2025).
NBB · sector comparisonPosition among 17043 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 →
Checked, nothing found (2)
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
24-09-2026 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 result in the available series.
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%
Debt's share of the balance-sheet total rises from 37.5% to 87.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-53k▼
2024 · €35k
Cash flow
€-67k▼
2024 · €-3k
Current ratio
1.10▼
2024 · 2.60
Debt to 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 ≤ 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 to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
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.
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 2001
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.
Jean en Pierre Carsoellaan 1331180 UkkelGround 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.
Recognitions · licences · registrations
Legal Entity Identifier
9845003DC6AS5E3FBQ91
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Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 4,308 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
Founded22-09-1994
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.