Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
REDECO from Destelbergen, company number BE0434622752, closed financial year 2025 with a result of € -12,169 after tax. For that financial year REDECO recorded a gross margin of € 41,374 and equity of € 142,239. Compared with financial year 2024, the result moved from € -5,969 to € -12,169. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 142,239
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,169
▼ 104 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,595
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -292,257.
People and assets in 2025
€ 583
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 623,871
▼ 7% vs 2024
€ 48,167 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 932
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 62,025 | € 55,974 | € 44,904 | € 41,374 | ▼ 8% |
| Profit after taxes | € 11,086 | € 5,055 | € -5,969 | € -12,169 | ▼ € 6,200 |
| Equity | € 155,322 | € 160,377 | € 154,408 | € 142,239 | ▼ 8% |
| Total debts | € 964,990 | € 960,289 | € 952,979 | € 1,009,835 | ▲ 6% |
| Cash | € 5,438 | € 8,685 | € 5,764 | € 5,595 | ▼ 3% |
| Land & buildings | € 1,104,719 | € 1,102,460 | € 1,088,608 | € 1,126,983 | ▲ 4% |
| Retained profit | € -279,174 | € -274,119 | € -280,088 | € -292,257 | ▼ € 12,169 |
| Bank debt | € 760,149 | € 720,209 | € 671,322 | € 623,871 | ▼ 7% |
| Balance sheet total | € 1,120,312 | € 1,120,666 | € 1,107,386 | € 1,152,074 | ▲ 4% |
Key figures of REDECO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to REDECO?
What happened at REDECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alexia Nyinawase stepped down as director. NBB
- Didier Bracke stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 12,169. Source: NBB ↗
- Alexia Nyinawase became a director. NBB
- Didier Bracke became a director. NBB
- New establishment in Destelbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,086 profit in 2022 to € 12,169 loss in 2025.
Best year ever: 2022, with € 11,086 profit.
Management
Directors
According to the 2025 annual accounts
Alexia Nyinawase
Director
since 2022 · until 2028
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Dendermondesteenweg 401
9070 Destelbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.622.752
- VAT number
- BE 0434.622.752
- Registered office
- Dendermondesteenweg 401, 9070 Destelbergen
- Names & denominations
- REDECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 1988
- Peppol
- Active · Active since 13 Oct 2025