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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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
REDU SPACE SERVICES from Libin, company number BE0890503748, closed financial year 2025 with a result of € 259,665 after tax. For that financial year REDU SPACE SERVICES recorded a gross margin of € 3.3 million and equity of € 369,665. Compared with financial year 2024, the result moved from € 250,038 to € 259,665. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 369,665
▲ 236% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 259,665
▲ 4% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 82% 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 € 269,665.
People and assets in 2025
24.6
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.9 million
▲ 2% vs 2024
€ 118,100 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.
€ 1,528
▼ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 678,773
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 790,919
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,600,436 | - | - | - | |
| Gross margin | - | € 3,857,977 | € 3,250,031 | € 3,317,710 | ▲ 2% |
| Profit after taxes | € 650,368 | € 583,471 | € 250,038 | € 259,665 | ▲ 4% |
| Equity | € 4,682,936 | € 5,266,407 | € 110,000 | € 369,665 | ▲ 236% |
| Total debts | € 4,473,243 | € 2,264,256 | € 7,784,862 | € 1,737,325 | ▼ 78% |
| Cash | € 5,646,301 | € 5,833,931 | € 6,344,228 | € 1,111,467 | ▼ 82% |
| Retained profit | € 4,582,936 | € 5,166,407 | € 10,000 | € 269,665 | ▲ € 259,665 |
| Dividend | € 0 | € 0 | € 5,406,444 | € 0 | ▼ 100% |
| Balance sheet total | € 9,156,179 | € 7,530,662 | € 7,894,862 | € 2,106,990 | ▼ 73% |
| Employees (FTE) | 34.6 | 22.7 | 26.2 | 24.6 | ▼ 1.6 |
Key figures of REDU SPACE SERVICES, 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 REDU SPACE SERVICES?
What happened at REDU SPACE SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alan Kuresevic stepped down as director. NBB
- Philippe Glaesener stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 259,665 (▲ 4% vs 2024). Source: NBB ↗
- Mathis Prost stepped down as director. NBB
- Mathis Prost became a director. NBB
- Alan Kuresevic became a director. NBB
- Philippe Glaesener became a director. NBB
- New establishment in Libin. KBO
In short
From € 650,368 profit in 2022 to € 259,665 profit in 2025.
Paid € 741,853 in corporate taxes since 2022.
Best year ever: 2022, with € 650,368 profit.
On average € 134,900 of value added per employee in 2025.
Management
The stake of Redwire Space comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
REDU SPACE SERVICESThe shares are held by SES TechCom SA (100%) and Redwire Space (48%).
Directors
According to the 2025 annual accounts
Alan Kuresevic
Director
since 2022 · until 2028
Mathis Prost
Director
since 2025 · until 2025
Philippe Glaesener
Director
since 2021 · until 2028
Shareholders
SES TechCom SA
100%
48%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Allée de la Comète 80 box 3
6890 Libin
Devant les Hêtres,Transinne 2B
6890 Libin
Active since 2 July 2007
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
reduspaceservices.com
Registered
2007-04-19
Registrar
EuroDNS S.A.
Expires
2026-04-19
Website info
Features
Security
Details
- Company number
- 0890.503.748
- VAT number
- BE 0890.503.748
- Registered office
- Allée de la Comète 80 bus 3, 6890 Libin
- Names & denominations
- REDU SPACE SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2007
- Peppol
- Active · Active since 29 Jan 2026
- Contact
- reduspaceservices.com
- Activities · NACE
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