MHA RAD

Active

Private limited companyfounded 20251 yr activeIepenlaan 1, 1740 Ternat, BelgiumKBO/BCE: BE 1027.510.904

MHA RAD has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €4k. Its solvency ranks better than 35% of 2293 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2025

86 / 100

Excellent

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency75

Growth-

Stability67

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 1.52), but 58.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 86

Relative position

BE, all sectors

reference

Sector 86

lower

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

1 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€6k

Total assets

€15k

Net result

€4k

Working capital

€5k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition

Assets €15k

11%

88.6%

Fixed assets €2k

Current assets €14k

Equity and liabilities €15k

41.7%

58.3%

Equity €6k

Debt €9k

Debt finances 58.3% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€5k

Cash flow

€4k

Solvency

41.7%

Current ratio

1.52

Quick ratio

1.52

Debt / equity

1.40

ROE

60.7%

ROA

25.3%

Interest coverage

28.35

Debt

€9k

Debt ≤ 1 year

€9k

Income taxes

€1k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€15k

Fixed assets21/28€2k

Tangible fixed assets22/27€2k

Plant, machinery and equipment23€2k

Current assets29/58€14k

Amounts receivable within one year40/41€13k

Trade receivables40€13k

Cash at bank and in hand54/58€790

Equity and liabilities

Total equity and liabilities10/49€15k

Equity10/15€6k

Contributions10/11€3k

Outside capital11€3k

Other1109/19€3k

Reserves13€4k

Distributable reserves133€4k

Amounts payable17/49€9k

Amounts payable within one year42/48€9k

Trade debts44€1k

Suppliers440/4€1k

Taxes, remuneration and social security45€1k

Taxes450/3€1k

Other amounts payable47/48€6k

Income statement Code2025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19

Gross operating margin9900€5k

Operating profit (loss)9901€5k

Financial charges65/66B€191

Recurring financial charges65€191

Profit (loss) for the period before taxes9903€5k

Income taxes67/77€1k

Profit (loss) for the period9904€4k

Profit (loss) for the period to be appropriated9905€4k

Appropriation of the result

Profit (loss) to be appropriated9906€4k

Transfer to equity691/2€4k

To the legal reserve6920€4k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2026

30-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

NBB filing

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, Ternat · 1 establishment unit since 2025

establishment The establishment unit on the map

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.

Iepenlaan 11740 Ternat

Ground area

586 m²

Building footprint

115 m²

Volume, LiDAR

601 m³

Parcel 23086C0105/00D002, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

MHA RAD

Iepenlaan 1, 1740 TernatMedical imaging and medical laboratories

since 20252.378.211.851

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23086C0105/00D002	Flanders	586 m²	1 · 115 m²	7.5 m · 2 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.

Similar companies · same sector, comparable size

Of 699 companies in sector 86910 we hold annual accounts for 520. 87 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-09-2025

Fiscal year end31-12

Activities, NACEBEL

86910Medical imaging and medical laboratories

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.