BENRAD
ActiveSummary
The computed 12-month bankruptcy probability of BENRAD is 4.5% (elevated). The 2025 annual accounts show equity of €3k and a net result of €164k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency26▼-74
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.01 against 6.86 in 2024; short-term debt: 99.2% and cash: 93.4% of total assets), and 99.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.8%
Return on assets
46.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
37 d early
2023
44 d early
2022
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 98.6%
2024 · €214k
2022: €11k
2023: €87k
2024: €214k
2022 → 2025
Total assets
€356k▲ 42.2%
2024 · €250k
2022: €17k
2023: €115k
2024: €250k
2022 → 2025
Net result
€164k▲ 29.3%
2024 · €127k
2022: €8k
2023: €76k
2024: €127k
2022 → 2025
Working capital
€3k▼ 98.6%
2024 · €214k
2022: €10k
2023: €86k
2024: €214k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€11k-€87k▲ 679%€214k▲ 146%€3k▼ 98.6%
Operating result€11k-€95k▲ 741%€163k▲ 71.6%€213k▲ 30.4%
Net result€8k-€76k▲ 828%€127k▲ 67.6%€164k▲ 29.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 30% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €356k
Equity
€3k ▼ 98.6%
Debt
€353k ▲ 868%
Debt's share of the balance-sheet total rises from 14.6% to 99.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€213k▲
2024 · €163k
Cash flow
€165k▲
2024 · €127k
Current ratio
1.01▼
2024 · 6.86
ROA
46.1%▼
2024 · 50.7%
Interest coverage
3406.90▲
2024 · 2216.87
Debt ≤ 1 year
€353k▲
2024 · €36k
Income taxes
€48k▲
2024 · €36k
A ratio outside any meaningful range has been withheld (balance sheet total €356k, equity €3k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€250k€356k▲
Fixed assets21/28€385€0▼
Tangible fixed assets22/27€385€0▼
Furniture and vehicles24€385€0▼
Current assets29/58€250k€356k▲
Amounts receivable within one year40/41-€23k
Trade receivables40-€23k
Cash at bank and in hand54/58€250k€333k▲
Deferred charges and accrued income490/1-€103
Equity and liabilities
Total equity and liabilities10/49€250k€356k▲
Equity10/15€214k€3k▼
Contributions10/11€3k€3k=
Reserves13€8k€0▼
Distributable reserves133€8k€0▼
Profit (loss) carried forward14€203k€0▼
Amounts payable17/49€36k€353k▲
Amounts payable within one year42/48€36k€353k▲
Trade debts44€578€2k▲
Suppliers440/4€578€2k▲
Taxes, remuneration and social security45€36k€5k▼
Taxes450/3€36k€3k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48-€346k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€443€385▼
Other operating charges640/8-€400
Gross operating margin9900€163k€213k▲
Operating profit (loss)9901€163k€213k▲
Financial charges65/66B€74€63▼
Recurring financial charges65€74€63▼
Profit (loss) for the period before taxes9903€163k€212k▲
Income taxes67/77€36k€48k▲
Profit (loss) for the period9904€127k€164k▲
Profit (loss) for the period to be appropriated9905€127k€164k▲
Appropriation of the result
Profit (loss) to be appropriated9906€203k€367k▲
Profit (loss) brought forward from the previous period14P€76k€203k▲
Transfer from equity791/2-€8k
Profit to be distributed694/7-€375k
Return on contributions (dividend)694-€375k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €164k ▲29.3%
Operating result €213k, net result €164k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €214k ▲146%
3 profitable years in a row build equity to €214k.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jette · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Guillaume De Greeflaan 61090 JetteGround area
2,916 m²
Building footprint
1,670 m²
Volume, LiDAR
22,691 m³
Parcel 21010B0136/00B002, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BENRAD
since 20222.335.742.380
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21010B0136/00B002 | Brussels | 2,916 m² | 1 · 1,670 m² | 17.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.