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MENUISERIE RADART

Active Private limited company (pre-2019)founded 1994active for 32 yearsRue de la Blanchisserie,Liernu 46, 5310 EghezéeKBO/BCE: BE 0452.326.539 #6 oldest company in Eghezée, Construction sector

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €363,114 (2011)
€248,014▲ 19.1%
lowest -€4,607 (2014)
€1,075▼ 48.8%
peak €201,267 (2025)
€201,267▲ 0.5%
€225,633▲ 11.9%
peak 7.7 FTE (2011)
-not published
Board2 names since 2018
2 directorsRadart Florentin and 1 other
Documentsfilings and deeds
06-08-20266 days late
2025micro format
Gross margin from €208,230 to €248,014Result from €2,101 to €1,075Investments €83,283

Key points

from the 2025 annual accounts

Equity

€201,267 ▲ 0.5%

MENUISERIE RADART has made a profit without a break since 2015.

Turnover

≈ €930,000 estimated

The micro format states no turnover.

Investments

€83,283 1.9 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

3.2 FTE from 7.7 in 2011

Between 2011 and 2025, 58% of the full-time equivalents disappeared.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

Two of the last ten came late. The 2025 accounts came latest: 6 days after the end of the period.

Position in the sector

€201,267

More equity than 84% of companies in specialised construction. Sector median €57,691 · 35,148 companies.

Checked score

93
Excellent
Financially stronger than 46% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.2 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

72-3equity 47.1% of total assets
67-8short-term debt 31.4% · cash 24.4%
63+3return on assets 0.3%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.59, cash €104,140
Size: total assets €426,901
Equity €201,267 (47.1% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 51% of them on solvency, 66% on liquidity, 30% on profitability and 37% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as MENUISERIE RADART has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MENUISERIE RADART itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for MENUISERIE RADART. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €18,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.59 (2.73 in 2024), above the usual 1.5. Short-term debt is 31.4% and cash 24.4% of total assets. However, 52.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 1.59, cash €104,140
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €426,901
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €201,267 (47.1% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 6 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
6 days late
2024
41 days early
2023
5 days late
2022
46 days early
2021
46 days early
2020
52 days early
2019
58 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 June (5 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

RF
Manager
  • Radart Fernand 55 sharesdeed of 03-01-2018
  • Hicguet Maríe-Françoise 55 sharesdeed of 03-01-2018
  • Radart Sébastien 5 sharesdeed of 03-01-2018
and 2 other shareholdersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0452326539
2 managers appointed, 1 resignation Resignation: Radart Florentin (manager) · Appointments: Radart Florentin (manager) and Radart Sébastien (manager) · General meeting of 30-11-2017 · Gazette deed
2 managers appointed, 1 reappointment Reappointment: Radart Fernand (manager) · Appointments: Radart Sébastien (manager) and Radart Florentin (manager) · Radart Fernand holds 55 shares · General meeting of 30-04-2012 · Gazette deed
First establishment Route de Perwez,Aische 94, Eghezée
All 42 events

Comparable companies

same main activity, similar in size and age
Company
MENUISERIE RADART Eghezée €426,901 €248,014 47.1% -
Fabrication et Réalisation Artisanales de Menuiseries Extérieures Eghezée €398,125 €285,741 57.5% -
VANTORNOUT Wingene €409,001 €248,039 45.8% 2.6
AUTOMATIC GATES Poperinge €440,675 €259,508 60.9% -
A2 AFWERKINGSBEDRIJF Oudsbergen €459,441 €250,920 67.1% 2.8
EUROVERANDA Puurs-Sint-Amands €406,248 €244,120 45.8% 2.4
Nico Poublon Wevelgem €437,527 €246,843 54.9% -

These companies have the same main activity as MENUISERIE RADART: joinery installation (NACE 43320). They are comparable in size and age: total assets between €398,000 and €459,000, founded between 1990 and 1997.

Official details

Source: KBO
Status
Active since 30-03-1994Normal situation
Activity
Joinery installationNACE 43320and 3 others
Establishment unit
2.066.463.7495310 Eghezée, since 19-04-1994
Financial year end
31 December
Peppol
Reachable since 18-12-2025
Company details

Annual accounts 2025

€426,901▲ 6.2%
Employeeson 31-12-2025
4=
Filing
Filed on 06-08-2026
Financials

Insights on MENUISERIE RADART

MENUISERIE RADART files the micro format. That format states no turnover. The gross margin fell from €313,004 in 2006 to €248,014 in 2025.

The balance sheet grew most in 2023 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MENUISERIE RADART

What is the company number of MENUISERIE RADART?
The company number of MENUISERIE RADART is 0452.326.539. The VAT number is the same number with BE in front: BE 0452.326.539.
Where is MENUISERIE RADART based?
The registered office is at Rue de la Blanchisserie,Liernu 46, 5310 Eghezée.Company details
What does MENUISERIE RADART do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of MENUISERIE RADART?
MENUISERIE RADART is a private limited company (pre-2019) (BVBA).
When was MENUISERIE RADART founded?
MENUISERIE RADART was founded on 30-03-1994.
Is MENUISERIE RADART still active?
Yes, MENUISERIE RADART is an active enterprise in the KBO register.
How many employees does MENUISERIE RADART have?
MENUISERIE RADART had an average of 3.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MENUISERIE RADART?
The turnover in financial year 2025 is ≈ €930,000. This figure is estimated from the gross margin of €248,014 and 36 comparable companies (NACE 43320). It probably lies between €660,000 and €1.3m. In financial year 2020 turnover was €735,448.
Is MENUISERIE RADART profitable?
In financial year 2025, MENUISERIE RADART made a profit of €1,075.
Where can I find the annual accounts of MENUISERIE RADART?
MENUISERIE RADART filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MENUISERIE RADART due?
MENUISERIE RADART must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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