Financials
Financial year 2025
REDGROW from Ranst, company number BE0809620396, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year REDGROW recorded a gross margin of € 4.3 million and equity of € 8.5 million. Compared with financial year 2024, the result moved from € 2.3 million to € 1.4 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 8.5 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▼ 39% vs 2024
Profit after tax over the fiscal year.
€ 802,726
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
31.9
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 1% vs 2024
€ 33,100 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.
€ 204,204
▲ 73% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 528,571
▼ 52% vs 2024
€ 342,857 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 351,248
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 125,586
▼ 76% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,487,018 | € 4,725,969 | € 5,305,810 | € 4,269,085 | ▼ 20% |
| Profit after taxes | € 2,161,829 | € 2,054,131 | € 2,257,980 | € 1,383,552 | ▼ 39% |
| Equity | € 6,444,928 | € 7,442,109 | € 9,190,139 | € 8,482,741 | ▼ 8% |
| Total debts | € 4,635,018 | € 4,031,109 | € 2,210,017 | € 1,894,139 | ▼ 14% |
| Cash | € 1,238,748 | € 1,568,091 | € 1,543,657 | € 802,726 | ▼ 48% |
| Retained profit | € 5,825,528 | € 6,842,659 | € 8,610,639 | € 7,923,191 | ▼ 8% |
| Dividend | € 0 | € 1,037,000 | € 490,000 | € 2,071,000 | ▲ € 1.6 million |
| Bank debt | € 3,424,048 | € 2,711,812 | € 1,092,031 | € 528,571 | ▼ 52% |
| Balance sheet total | € 11,086,546 | € 11,478,768 | € 11,404,656 | € 10,380,330 | ▼ 9% |
| Employees (FTE) | 28.9 | 30 | 30.7 | 31.9 | ▲ 1.2 |
By gross margin, REDGROW ranks 2nd of 5 companies with main activity “Teelt van groenten, meloenen en wortel- en knolgewassen” in Ranst that publish figures (fiscal year 2025).
Key figures of REDGROW, 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.
Ask about REDGROW the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to REDGROW?
What happened at REDGROW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.4 million (▼ 39% vs 2024). Source: NBB ↗
- Alain MOORTGAT became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Ranst. KBO
In short
From € 2.2 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 3 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.3 million profit.
On average € 133,800 of value added per employee in 2025.
Management
Behind REDGROW is Alain MOORTGAT.
Directors
According to the 2025 annual accounts
Alain MOORTGAT
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Bistweg 37
2520 Ranst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Ranst
Same main activity (Teelt van groenten, meloenen en wortel- en knolgewassen), 5 active companies in Ranst, largest first.
€ 7.4 million revenue · 2025
€ 5.9 million gross margin · 2025
€ 465,334 gross margin · 2025
€ 370,648 gross margin · 2025
€ -15,097 gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- MOORTGAT Alain Emiel Magdalena(oprichter) 100%
Details
- Company number
- 0809.620.396
- VAT number
- BE 0809.620.396
- Registered office
- Bistweg 37, 2520 Ranst
- Names & denominations
- REDGROW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 2009
- Peppol
- Active · Active since 23 Sept 2025
- Activities · NACE
Teelt van groenten, meloenen en wortel- en knolgewassen
Handel in elektriciteit
Productie van gas
Productie en distributie van stoom en gekoelde lucht
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
Distributie van elektriciteit
Teelt van andere eenjarige gewassen, neg
Handel in gas via leidingen