Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Redwire Space from Beveren-Kruibeke-Zwijndrecht, company number BE0439039321, closed financial year 2025 with a result of € -20.9 million after tax. For that financial year Redwire Space recorded revenue of € 50.4 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -4.5 million to € -20.9 million. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 6, 2026.
€ 1.2 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20.9 million
▼ 364 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7.2 million
▲ 208% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -23 million.
People and assets in 2025
140.7
▲ 10.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 17.6 million
▲ 31% vs 2024
€ 125,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 17.3 million
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 152 days on average.
€ 3.6 million
▲ 54% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 33,751,521 | € 56,170,208 | € 45,556,524 | € 50,435,814 | ▲ 11% |
| Profit after taxes | € 2,192,021 | € -3,996,962 | € -4,515,725 | € -20,941,032 | ▼ € 16.4 million |
| Equity | € 7,437,374 | € 3,440,412 | € 1,114,687 | € 1,173,655 | ▲ 5% |
| Total debts | € 41,551,620 | € 33,052,114 | € 31,515,678 | € 43,925,269 | ▲ 39% |
| Cash | € 5,905,064 | € 2,639,627 | € 2,328,578 | € 7,182,924 | ▲ 208% |
| Retained profit | € 6,437,374 | € 2,440,412 | € -2,075,313 | € -23,016,345 | ▼ € 20.9 million |
| Dividend | € 1,000,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 49,266,376 | € 36,831,221 | € 33,175,360 | € 45,529,376 | ▲ 37% |
| Employees (FTE) | 118.7 | 122.5 | 130.1 | 140.7 | ▲ 10.6 |
Key figures of Redwire Space, 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 Redwire Space?
What happened at Redwire Space in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marcus Dielissen stepped down as director. NBB
- Michael Nemiah Gold stepped down as director. NBB
- Frank Preud'homme stepped down as director. NBB
- Peter Cannito JR stepped down as director. NBB
- Christopher Edmunds stepped down as director. NBB
- Cederic Van Eccelpoel stepped down as director. NBB
- Tom Kinschots stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 20.9 million. filed late Source: NBB ↗
In short
From € 2.2 million profit in 2022 to € 20.9 million loss in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.2 million profit.
Paid out € 1 million in dividends to the owners in total.
Management
The shares are held by Redwire Space Europe LLC (100%). It owns 100% of Redwire Poland itself.
Directors
According to the 2025 annual accounts
Marcus Dielissen
Managing director
since 2025 · until 2028
Peter Cannito JR
Director
since 2022 · until 2028
Michael Nemiah Gold
Director
since 2025 · until 2028
Christopher Edmunds
Director
since 2022 · until 2028
since 2022 · until 2028
Cederic Van Eccelpoel
Director
since 2024 · until 2027
Tom Kinschots
Director
since 2024 · until 2027
Shareholders
Redwire Space Europe LLC
100%
Participations
Redwire Poland
100%
Establishments
Establishment units
Physical locations of this company
Hogenakkerhoekstraat 9
9150 Beveren-Kruibeke-Zwijndrecht
Hogenakkerhoekstraat 21
9150 Beveren-Kruibeke-Zwijndrecht
Active since 14 December 2005
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
GANDI-AS Domain name registrar - www.gandi.net, FR
Domain
Domain
redwirespace.eu
Registrar
GANDI
Website info
Features
Security
Details
- Company number
- 0439.039.321
- VAT number
- BE 0439.039.321
- Registered office
- Hogenakkerhoekstraat 9, 9150 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- Redwire Space
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 1989
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- redwirespace.eu
- Activities · NACE
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
Technische studiën en ingenieursactiviteiten