MENUISERIE RADART
ActiveMENUISERIE RADART has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €201k and a net result of €1k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+3
Solvency72▼-3
Growth37=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 2.73 in 2024; short-term debt: 31.4% and cash: 24.4% of total assets), but 52.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
47.1%
Return on assets
0.3%
Age of the figures
9 mo
neutral · Filed after the deadline
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. 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
6 d late
2024
41 d early
2023
5 d late
2022
46 d early
2021
46 d early
2020
52 d early
2019
58 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€735k▼ 16.5%
2019 · €881k
2018: €872k
2019: €881k
2018 → 2020
EBIT margin
2.6%▼ 2.3pp
2019 · 4.9%
2018: 3.1%
2019: 4.9%
2018 → 2020
Net result
€1k▼ 48.8%
2024 · €2k
2018: €18k
2019: €28k
2020: €8k
2021: €52k
2022: €34k
2023: €24k
2024: €2k
2018 → 2025
Working capital
€80k▼ 44.8%
2024 · €144k
2018: €134k
2019: €146k
2020: €145k
2021: €147k
2022: €149k
2023: €133k
2024: €144k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€181k-€190k▲ 5.4%€198k▲ 4.1%€200k▲ 1.1%€201k▲ 0.5%
Operating result€72k-€44k▼ 38.6%€37k▼ 16.4%€14k▼ 62.0%€14k▼ 0.5%
Net result€52k-€34k▼ 35.4%€24k▼ 29.4%€2k▼ 91.2%€1k▼ 48.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 0% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €427k
Fixed assets
€213k▲ 22.6%
Current assets
€214k▼ 6.3%
Equity and liabilities €427k
Equity
€201k▲ 0.5%
Debt
€226k▲ 11.9%
The debt ratio rises from 50.2% to 52.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€58k▲
2024 · €52k
Cash flow
€45k▲
2024 · €40k
Solvency
47.1%▼
2024 · 49.8%
Current ratio
1.59▼
2024 · 2.73
Quick ratio
0.98▼
2024 · 1.58
Debt / equity
1.12▲
2024 · 1.01
ROE
0.5%▼
2024 · 1.0%
ROA
0.3%▼
2024 · 0.5%
Interest coverage
5.29▲
2024 · 4.82
Debt
€226k▲
2024 · €202k
Debt ≤ 1 year
€134k▲
2024 · €84k
Debt > 1 year
€92k▼
2024 · €118k
Income taxes
€3k▲
2024 · €3k
Staff costs
€182k▲
2024 · €145k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€402k€427k▲
Fixed assets21/28€174k€213k▲
Tangible fixed assets22/27€174k€213k▲
Land and buildings22€23k€18k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€2k€76k▲
Leasing and similar rights25€143k€115k▼
Current assets29/58€228k€214k▼
Stocks and contracts in progress3€96k€82k▼
Stocks30/36€96k€82k▼
Amounts receivable within one year40/41€18k€8k▼
Trade receivables40€11k-
Other amounts receivable41€7k€8k▲
Cash at bank and in hand54/58€101k€104k▲
Deferred charges and accrued income490/1€13k€19k▲
Equity and liabilities
Total equity and liabilities10/49€402k€427k▲
Equity10/15€200k€201k▲
Contributions10/11€19k€19k=
Reserves13€77k€77k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€71k€71k=
Profit (loss) carried forward14€104k€105k▲
Amounts payable17/49€202k€226k▲
Amounts payable after more than one year17€118k€92k▼
Financial debts170/4€118k€92k▼
Amounts payable within one year42/48€84k€134k▲
Current portion of amounts payable after more than one year42€25k€26k▲
Trade debts44€48k€70k▲
Suppliers440/4€48k€70k▲
Taxes, remuneration and social security45€11k€27k▲
Taxes450/3€4k€5k▲
Remuneration and social security454/9€6k€22k▲
Other amounts payable47/48€366€11k▲
Income statement
Code20242025
Remuneration, social security and pensions62€145k€182k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€44k▲
Other operating charges640/8€6k€8k▲
Non-recurring operating charges66A€6k-
Gross operating margin9900€208k€248k▲
Operating profit (loss)9901€14k€14k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€11k€11k▲
Recurring financial charges65€11k€11k▲
Profit (loss) for the period before taxes9903€6k€5k▼
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€2k€1k▼
Profit (loss) for the period to be appropriated9905€2k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€104k€105k▲
Profit (loss) brought forward from the previous period14P€102k€104k▲
The notes to these accounts (6 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Weakest financial yearnet €1k ▼48.8%
Net result drops to €1k, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €200k ▲1.1%
7 profitable years in a row build equity to €200k.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €52k ▲589%
Operating result €72k, net result €52k, both a record.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
Registered office, Eghezée · 1 establishment unit since 1994
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.
Rue de la Blanchisserie,Liernu 465310 EghezéeGround area
1,516 m²
Building footprint
225 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Route de Perwez,Aische 94, 5310 Eghezée
since 19942.066.463.749
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92073A0160/00G000 | Wallonia | 987 m² | 1 · 125 m² | - |
| 92073A0129/00D002 | Wallonia | 528 m² | 1 · 100 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ACDM
BE 0870.055.752
Essen · Eq €201k
VDK J-P
BE 0835.003.417
Pajottegem · Eq €201k
DRG
BE 0807.649.219
Hasselt · Eq €201k
B.W. RENOVATION
BE 0806.898.953
Jette · Eq €201k
Eventus Interieur Schrijnwerk
BE 0651.717.264
Turnhout · Eq €202k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,407 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-03-1994
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
43343Specialised construction activities
43410Roofing work
45220
47521Retail sale of hardware, building materials, paint and glass (general range)
52462
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.