FERRONNERIE RADOUX PHILIPPE
InactiveFERRONNERIE RADOUX PHILIPPE was declared bankrupt on 27-02-2023 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed by liquidation by judgment of 04-11-2025, published in the Belgian State Gazette on 10-11-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 22-08-2022, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
22 d late
2020
29 d late
2019
75 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-324k
2020 · €15k
2018: €35k
2019: €30k
2020: €15k
2018 → 2021
Working capital
€49k▼ 84.3%
2020 · €312k
2018: €258k
2019: €277k
2020: €312k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€325k-€330k▲ 1.4%€345k▲ 4.5%€20k▼ 94.1%
Operating result€43k-€57k▲ 33.7%€26k▼ 55.1%€-303k
Net result€35k-€30k▼ 14.7%€15k▼ 50.3%€-324k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €303k after €26k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.03M
Fixed assets
€149k ▼ 18.1%
Current assets
€881k ▼ 1.7%
Equity and liabilities €1.03M
Equity
€20k ▼ 94.1%
Debt
€1.01M ▲ 37.7%
Debt's share of the balance-sheet total rises from 68.0% to 98.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-262k▼
2020 · €63k
Cash flow
€-283k▼
2020 · €52k
Current ratio
1.06▼
2020 · 1.53
Quick ratio
0.71▼
2020 · 1.07
Debt to equity
49.24▲
2020 · 0.43
ROA
-31.5%▼
2020 · 1.4%
Interest coverage
-12.00
Debt ≤ 1 year
€832k▲
2020 · €584k
Debt > 1 year
€177k▲
2020 · €149k
Income taxes
€189▼
2020 · €1k
Staff costs
€529k
A ratio outside any meaningful range has been withheld (balance sheet total €1.03M, equity €20k).
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 · 2021 against 2020 · 55 lines
Balance sheet
Code20202021
Assets
Total assets20/58€1.08M€1.03M▼
Fixed assets21/28€181k€149k▼
Tangible fixed assets22/27€176k€143k▼
Land and buildings22-€6k
Plant, machinery and equipment23-€6k
Furniture and vehicles24-€120k
Other tangible fixed assets26-€11k
Financial fixed assets28€6k€6k=
Current assets29/58€896k€881k▼
Amounts receivable after more than one year29-€155k
Trade receivables290-€155k
Stocks and contracts in progress3€273k€286k▲
Stocks30/36-€286k
Amounts receivable within one year40/41€373k€427k▲
Trade receivables40-€304k
Other amounts receivable41-€123k
Cash at bank and in hand54/58€84k€11k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.03M▼
Equity10/15€345k€20k▼
Contributions10/11-€19k
Reserves13€234k€234k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€232k
Profit (loss) carried forward14€92k€-232k▼
Amounts payable17/49€733k€1.01M▲
Amounts payable after more than one year17€149k€177k▲
Financial debts170/4-€177k
Amounts payable within one year42/48€584k€832k▲
Current portion of amounts payable after more than one year42-€83k
Financial debts43-€125k
Credit institutions430/8-€125k
Trade debts44€345k€526k▲
Suppliers440/4-€526k
Taxes, remuneration and social security45-€83k
Taxes450/3-€3k
Remuneration and social security454/9-€80k
Other amounts payable47/48-€15k
Income statement
Code20202021
Remuneration, social security and pensions62-€529k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€41k▲
Other operating charges640/8-€2k
Gross operating margin9900€437k€269k▼
Operating profit (loss)9901€26k€-303k▼
Financial income75/76B-€601
Recurring financial income75€32€601▲
Financial charges65/66B-€22k
Recurring financial charges65€10k€22k▲
Profit (loss) for the period before taxes9903€16k€-324k▼
Income taxes67/77€1k€189▼
Profit (loss) for the period9904€15k€-324k▼
Profit (loss) for the period to be appropriated9905€15k€-324k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-232k
Profit (loss) brought forward from the previous period14P-€92k
Social balance
Average headcount (FTE)9087-13.4
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-11
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise de Liège, division Liège · FERRONNERIE RADOUX PHILIPPE SRL RUE BOYOU 52, 4682 HOUTAIN-SAINT-SIMEON. déclarée le 27 février 2023 · event 04-11-2025
2023
03-03
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · FERRONNERIE RADOUX PHILIPPE SRL RUE BOYOU 52, 4682 HOUTAIN-SAINT-SIMEON · event 27-02-2023
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 22 days late
2021
31-12
Financial
Weakest financial yearnet €-324k ▼2307%
Net result drops to €-324k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 29 days late
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 75 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1 day late
2016
30-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
02-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
06-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ALAIN BODEUS QUAI DE ROME 19/8, 4000 LIEGE 1- |
27-02-2023 → 04-11-2025 |
| Curator | JEAN-PHILIPPE RENAUD QUAI DES
ARDENNES 65, 4020 LIEGE 2 |
27-02-2023 → 04-11-2025 |