ACTIVE

REDPENCIL

Financial year 2025 · closed on 31/12/2025
Net result
730,4 k €
+22.2% YoY
Gross margin
1,7 M €
+11.8% YoY
Equity
3,1 M €
+15.0% YoY

What does REDPENCIL do?

REDPENCIL is a Private limited company incorporated in 2017. Its main activity is: Computer programming activities. Its registered office is in Kapelle-op-den-Bos.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0681.569.312
Incorporation
20/09/2017
Legal form
Private limited company
Registered office
P.P. Rubensstraat 37 box A
1880 Kapelle-op-den-Bos · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (4)
  • 100
  • 1000
  • 200
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212018
Income statement
Gross margin1,7 M €1,5 M €1,9 M €1,3 M €963,4 k €188,9 k €
EBITDA924,9 k €786,9 k €1,1 M €833,9 k €574 k €174,9 k €
Operating result920,6 k €782,1 k €1,1 M €830,5 k €571,5 k €172,9 k €
Net result730,4 k €597,7 k €805,3 k €619,9 k €418,6 k €114,1 k €
Balance sheet
Equity3,1 M €2,7 M €2,2 M €1,6 M €1 M €132,7 k €
Total assets3,7 M €3,2 M €2,8 M €2,1 M €1,6 M €390,7 k €
Cash339,3 k €221,4 k €404,2 k €702,8 k €912,2 k €137,7 k €
Debts597,3 k €543,2 k €613,6 k €498,5 k €541,7 k €258 k €
Other
Workforce15,1 ETP10,0 ETP8,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 8 ended

Active mandates

Driving IT Comm.V

Director · since 18 décembre 2020 · 0675.997.651

Represented by Johan Delaure

Active
Hello Future

Director · since 18 décembre 2020 · 0683.712.220

Represented by Aad VERSTEDEN

Active
VANDEKEYBUS.EU

Director · since 18 décembre 2020 · 0685.491.179

Represented by Niels Vandekeybus

Active
MOOF

Director · since 20 septembre 2017 · 0664.977.164

Represented by Erika Pauwels

Active

Ended mandates

Driving IT Comm.V

Director · since 18 décembre 2020 · 0675.997.651

Represented by Johan DELAURE

Ended
Hello Future

Director · since 18 décembre 2020 · 0683.712.220

Represented by Aad VERSTEDEN

Ended
MEGENFELIXENDEKAT

Director · since 18 décembre 2020 · 0675.410.010

Represented by Félix Ruiz de Arcaute

Ended
MEGENFELIXENDEKAT

Director · since 18 décembre 2020 · 0675.410.010

Represented by Felix RUIZ DE ARCAUTE

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/08/202611/07/202530/08/202431/07/202315/08/202229/08/2021
General meeting18/05/202619/05/202521/05/202415/05/202315/05/202217/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/05/202628/08/2026DutchPDF
Abridged model31/12/202419/05/202511/07/2025DutchPDF
Abridged model31/12/202321/05/202430/08/2024DutchPDF
Abridged model31/12/202215/05/202331/07/2023DutchPDF
Abridged model31/12/202115/05/202215/08/2022DutchPDF
Abridged model31/12/202017/05/202129/08/2021DutchPDF
Abridged model31/12/201918/05/202031/08/2020DutchPDF
Micro model31/12/201820/05/201931/08/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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 31/12/2025 · 4 active · 8 ended

Active mandates

Driving IT Comm.V

Director · since 18 décembre 2020 · 0675.997.651

Represented by Johan Delaure

Active
Hello Future

Director · since 18 décembre 2020 · 0683.712.220

Represented by Aad VERSTEDEN

Active
VANDEKEYBUS.EU

Director · since 18 décembre 2020 · 0685.491.179

Represented by Niels Vandekeybus

Active
MOOF

Director · since 20 septembre 2017 · 0664.977.164

Represented by Erika Pauwels

Active

Ended mandates

Driving IT Comm.V

Director · since 18 décembre 2020 · 0675.997.651

Represented by Johan DELAURE

Ended
Hello Future

Director · since 18 décembre 2020 · 0683.712.220

Represented by Aad VERSTEDEN

Ended
MEGENFELIXENDEKAT

Director · since 18 décembre 2020 · 0675.410.010

Represented by Félix Ruiz de Arcaute

Ended
MEGENFELIXENDEKAT

Director · since 18 décembre 2020 · 0675.410.010

Represented by Felix RUIZ DE ARCAUTE

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/02/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Other22/09/2017
    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. 2025
    Annual accounts 2025730,4 k €
  2. 2024
    Annual accounts 2024597,7 k €
  3. 2023
    Annual accounts 2023805,3 k €
  4. 2022
    Annual accounts 2022619,9 k €
  5. 2021
    Annual accounts 2021418,6 k €
  6. 2018
    Annual accounts 2018114,1 k €
  7. 20/09/2017
    IncorporationPrivate limited company