ACTIVE

REDS

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Financial year 2024 · closed on 31/12/2024
Net result
-35,7 k €
-163.0% YoY
Gross margin
150 k €
+6.3% YoY
Equity
98,7 k €
-26.5% YoY

What does REDS do?

REDS is a Private limited company incorporated in 2016. Its main activity is: Electrical installation. Its registered office is in Berlare.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0664.631.033
Incorporation
14/10/2016
Legal form
Private limited company
Registered office
Kerkwegel(U) 19
9290 Berlare · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Activities (NACE)
43211Electrical installation· main43211Electrical installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation
Signals
Positive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2024202320222021202020192018
Income statement
Gross margin150 k €141,1 k €118,2 k €46,3 k €45 k €2,3 k €-2,7 k €
EBITDA31,5 k €120,4 k €110,3 k €44,8 k €43,9 k €2,3 k €-2,7 k €
Operating result-11,2 k €90 k €79,7 k €21,8 k €28 k €-11,8 k €-16,5 k €
Net result-35,7 k €56,7 k €55,8 k €12,9 k €24 k €-14,8 k €-17 k €
Balance sheet
Equity98,7 k €134,4 k €72,4 k €17,4 k €4,5 k €-19,4 k €-4,6 k €
Total assets925,2 k €666,6 k €381,5 k €258,3 k €253,4 k €210,2 k €227,4 k €
Cash47,2 k €3 k €16 k €1,6 k €6,7 k €2,6 k €2,6 k €
Debts817,5 k €521,1 k €306,6 k €239,9 k €248,9 k €229,7 k €232 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 3 ended

Active mandates

Jelle De Schryver

Director · since 08 juillet 2022

Active

Ended mandates

Jelle DE SCHRYVER

Director · since 12 octobre 2016

Ended
Jelle DE SCHRYVER

Director

Ended
JELLE DE SCHRYVER

Manager

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/07/202101/07/202001/07/201901/07/2018
Closing of the financial year31/12/202431/12/202331/12/202230/06/202130/06/202030/06/2019
Length of the financial year12 months12 months18 months12 months12 months12 months
Filing date29/08/202523/07/202406/07/202331/01/202228/02/202130/12/2019
General meeting30/06/202524/06/202422/06/202331/12/202131/12/202020/12/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/06/202529/08/2025DutchPDF
Micro model31/12/202324/06/202423/07/2024DutchPDF
Micro model31/12/202222/06/202306/07/2023DutchPDF
Micro model30/06/202131/12/202131/01/2022DutchPDF
Micro model30/06/202031/12/202028/02/2021DutchPDF
Micro model30/06/201920/12/201930/12/2019DutchPDF
Micro model30/06/201821/12/201810/01/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 3 ended

Active mandates

Jelle De Schryver

Director · since 08 juillet 2022

Active

Ended mandates

Jelle DE SCHRYVER

Director · since 12 octobre 2016

Ended
Jelle DE SCHRYVER

Director

Ended
JELLE DE SCHRYVER

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office16/10/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/07/2022
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office26/04/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other18/10/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-35,7 k €↓
  2. 2023
    Annual accounts 202356,7 k €↑
  3. 2022
    Annual accounts 202255,8 k €↑
  4. 2021
    Annual accounts 202112,9 k €↓
  5. 2020
    Annual accounts 202024 k €↑
  6. 2019
    Annual accounts 2019-14,8 k €↑
  7. 2018
    Annual accounts 2018-17 k €
  8. 14/10/2016
    IncorporationPrivate limited company