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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RED² from Sint-Martens-Latem, company number BE0765362266, closed financial year 2025 with a result of € 125,062 after tax. For that financial year RED² recorded a gross margin of € 312,437 and equity of € 25,246. Compared with financial year 2024, the result moved from € -75,078 to € 125,062. Profitable, and profit is growing. 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 August 22, 2026.
€ 25,246
▲ € 125,062 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 125,062
▲ still € 75,078 loss in 2024
Profit after tax over the fiscal year.
€ 45,688
▲ € 39,792 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5,246.
Debts at end 2025
€ 1.1 million
▲ 140% vs 2024
Loans from banks and other lenders, long and short.
€ 42,792
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,462
▼ € 4.7 million vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,513 | € 12,871 | € 50,626 | € 312,437 | ▲ € 261,811 |
| Profit after taxes | € -24,840 | € -19,899 | € -75,078 | € 125,062 | ▲ € 200,140 |
| Equity | € -4,840 | € -24,739 | € -99,817 | € 25,246 | ▲ € 125,062 |
| Total debts | € 2,486,130 | € 4,147,960 | € 5,332,364 | € 4,641,929 | ▼ 13% |
| Cash | € 1,373 | € 2,469 | € 5,896 | € 45,688 | ▲ € 39,792 |
| Retained profit | € -24,840 | € -44,739 | € -119,817 | € 5,246 | ▲ € 125,062 |
| Bank debt | € 1,176,520 | € 455,000 | € 460,974 | € 1,106,285 | ▲ 140% |
| Balance sheet total | € 2,481,290 | € 4,123,221 | € 5,232,547 | € 4,722,373 | ▼ 10% |
Key figures of RED², 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 RED²?
What happened at RED² in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 125,062. filed late Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,840 loss in 2022 to € 125,062 profit in 2025.
Paid € 1,980 in corporate taxes since 2022.
Best year ever: 2025, with € 125,062 profit.
Management
Behind RED² are J.D. & Co and Bouw en Beheer. J.D. & Co is also behind BEAVER CORPORATION and LE TISSAGE.
Directors
According to the 2025 annual accounts
Director · represented by Guy Desmidt
Establishments
Establishment units
Physical locations of this company
Heidebergen 41
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0765.362.266
- VAT number
- BE 0765.362.266
- Registered office
- Heidebergen 41, 9830 Sint-Martens-Latem
- Names & denominations
- RED²
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 2021
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Activiteiten van bouwarchitecten
Ontwikkeling van niet-residentiële bouwprojecten
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Vermogensbeheer
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