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P. RADOUX

Active
Private limited companyfounded 1980active for 46 yearsAvenue de l'Agriculture 66, 4030 Liège, BelgiumKBO/BCE: BE 0420.626.741
Summary

P. RADOUX has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €281,399 and a net result of €15,793. Equity is growing by about 4.7% per year across the filed financial years. Its solvency ranks better than 83% of 22,080 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (25 days) Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00424072.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15,793▲ 109%
2024 · €7,552
Working capital
€198,926▲ 19.9%
2024 · €165,957
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 71% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€24,429 2025 Net result€15,793 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€1,057-€1,383▲ 30.8%-€3,548-€5,308▼ 49.6%€16,548€22,092▲ 33.5%€14,277▼ 35.4%€24,429▲ 71.1%
Net result€12,955-€16,341▲ 26.1%€12,028within the sector's middle half▼ 26.4%€10,969within the sector's middle half▼ 8.8%€9,159within the sector's middle half▼ 16.5%€13,067within the sector's middle half▲ 42.7%€7,552within the sector's middle half▼ 42.2%€15,793within the sector's middle half▲ 109%
Equity€196,490-€212,831▲ 8.3%€224,859within the sector's middle half▲ 5.7%€235,829within the sector's middle half▲ 4.9%€244,987above the sector's middle half▲ 3.9%€258,055within the sector's middle half▲ 5.3%€265,606above the sector's middle half▲ 2.9%€281,399above the sector's middle half▲ 5.9%
Total assets€336,998-€342,523▲ 1.6%€363,256within the sector's middle half▲ 6.1%€351,019below the sector's middle half▼ 3.4%€337,953above the sector's middle half▼ 3.7%€357,230below the sector's middle half▲ 5.7%€358,238above the sector's middle half▲ 0.3%€381,087above the sector's middle half▲ 6.4%
Debt€140,507-€129,692▼ 7.7%€138,396▲ 6.7%€115,190▼ 16.8%€92,965▼ 19.3%€99,176▲ 6.7%€92,632▼ 6.6%€99,689▲ 7.6%
Working capital€54,647-€68,399▲ 25.2%€75,962within the sector's middle half▲ 11.1%€92,752within the sector's middle half▲ 22.1%€121,463above the sector's middle half▲ 31.0%€145,264within the sector's middle half▲ 19.6%€165,957above the sector's middle half▲ 14.2%€198,926above the sector's middle half▲ 19.9%
Solvency58.3%-62.1%▲ 3.8pp61.9%above the sector's middle half▼ 0.2pp67.2%above the sector's middle half▲ 5.3pp72.5%above the sector's middle half▲ 5.3pp72.2%above the sector's middle half▼ 0.3pp74.1%above the sector's middle half▲ 1.9pp73.8%above the sector's middle half▼ 0.3pp
Current ratio1.45-1.56▲ 0.121.65within the sector's middle half▲ 0.081.86within the sector's middle half▲ 0.222.42within the sector's middle half▲ 0.552.46above the sector's middle half▲ 0.052.81within the sector's middle half▲ 0.353.00above the sector's middle half▲ 0.19
Return on assets (ROA)3.8%-4.8%▲ 0.9pp3.3%within the sector's middle half▼ 1.5pp3.1%within the sector's middle half▼ 0.2pp2.7%within the sector's middle half▼ 0.4pp3.7%within the sector's middle half▲ 0.9pp2.1%within the sector's middle half▼ 1.5pp4.1%within the sector's middle half▲ 2.0pp
Staff (FTE)1.4-1.4=1.4below the sector's middle half=1.4below the sector's middle half=2▲ 42.9%2.7within the sector's middle half▲ 35.0%2.9▲ 7.4%3▲ 3.4%
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €381,087
Fixed assets €82,473 ▼ 18.0%
Current assets €298,614 ▲ 15.9%
Equity and liabilities €381,087
Equity €281,399 ▲ 5.9%
Debt €99,689 ▲ 7.6%
Debt's share of the balance-sheet total rises from 25.9% to 26.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€42,555▲
2024 · €35,764
Cash flow
€33,919▲
2024 · €29,038
Quick ratio
1.78▲
2024 · 1.55
Debt to equity
0.35▲
2024 · 0.35
ROE
5.6%▲
2024 · 2.8%
Interest coverage
22.78▲
2024 · 15.09
Debt ≤ 1 year
€99,689▲
2024 · €91,682
Income taxes
€6,804▲
2024 · €4,389
Staff costs
€44,100▼
2024 · €46,186
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.3% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,042 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€358,238€381,087▲
Fixed assets21/28€100,599€82,473▼
Tangible fixed assets22/27€100,421€82,295▼
Land and buildings22€93,369€79,789▼
Plant, machinery and equipment23€3,285€2,472▼
Furniture and vehicles24€3,767€33▼
Financial fixed assets28€179€179=
Current assets29/58€257,639€298,614▲
Stocks and contracts in progress3€115,625€121,209▲
Stocks30/36€115,625€121,209▲
Amounts receivable within one year40/41€84,223€89,805▲
Trade receivables40€70,717€71,952▲
Other amounts receivable41€13,506€17,853▲
Cash at bank and in hand54/58€55,755€85,847▲
Deferred charges and accrued income490/1€2,036€1,753▼
Equity and liabilities
Total equity and liabilities10/49€358,238€381,087▲
Equity10/15€265,606€281,399▲
Contributions10/11€12,395€12,395=
Reserves13€253,211€269,004▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€253,211€269,004▲
Amounts payable17/49€92,632€99,689▲
Amounts payable within one year42/48€91,682€99,689▲
Trade debts44€48,991€50,550▲
Suppliers440/4€48,991€50,550▲
Taxes, remuneration and social security45€6,145€8,982▲
Taxes450/3€133€195▲
Remuneration and social security454/9€6,012€8,787▲
Other amounts payable47/48€36,546€40,156▲
Accrued charges and deferred income492/3€950€0▼
Income statement Code20242025
Remuneration, social security and pensions62€46,186€44,100▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,487€18,126▼
Other operating charges640/8€4,899€3,881▼
Gross operating margin9900€86,849€90,536▲
Operating profit (loss)9901€14,277€24,429▲
Financial income75/76B€33€36▲
Recurring financial income75€33€36▲
Financial charges65/66B€2,370€1,868▼
Recurring financial charges65€2,370€1,868▼
Profit (loss) for the period before taxes9903€11,941€22,597▲
Income taxes67/77€4,389€6,804▲
Profit (loss) for the period9904€7,552€15,793▲
Profit (loss) for the period to be appropriated9905€7,552€15,793▲
Appropriation of the result
Profit (loss) to be appropriated9906€7,552€15,793▲
Transfer to equity691/2€7,552€15,793▲
To other reserves6921€7,552€15,793▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€31,676€34,826€41,603€46,186€44,100▼ 4.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,464€14,696€17,563€21,493€21,674€20,411€21,487€18,126▼ 15.6%
Other operating charges640/8---€6,854€5,754€4,158€4,899€3,881▼ 20.8%
Gross operating margin9900€59,705€53,367€48,655€54,715€78,802€88,264€86,849€90,536▲ 4.2%
Operating profit (loss)9901€1,057€1,383-€3,548-€5,308€16,548€22,092€14,277€24,429▲ 71.1%
Financial income75/76B---€22,358€101€728€33€36▲ 8.7%
Recurring financial income75€20,832€24,928€23,479€22,358€101€728€33€36▲ 8.7%
Financial charges65/66B---€1,682€2,049€3,603€2,370€1,868▼ 21.2%
Recurring financial charges65€3,726€3,620€2,718€1,682€2,049€3,603€2,370€1,868▼ 21.2%
Profit (loss) for the period before taxes9903€18,163€22,691€17,213€15,368€14,600€19,217€11,941€22,597▲ 89.2%
Income taxes67/77€5,208€6,350€5,185€4,399€5,441€6,150€4,389€6,804▲ 55.0%
Profit (loss) for the period9904€12,955€16,341€12,028€10,969€9,159€13,067€7,552€15,793▲ 109%
Profit (loss) for the period to be appropriated9905€12,955€16,341€12,028€10,969€9,159€13,067€7,552€15,793▲ 109%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€336,998€342,523€363,256€351,019€337,953€357,230€358,238€381,087▲ 6.4%
Fixed assets21/28€160,602€152,956€169,526€151,033€130,652€112,791€100,599€82,473▼ 18.0%
Tangible fixed assets22/27€160,453€152,807€169,347€150,854€130,473€112,612€100,421€82,295▼ 18.1%
Land and buildings22---€123,419€110,535€100,132€93,369€79,789▼ 14.5%
Plant, machinery and equipment23---€2,198€1,884€1,570€3,285€2,472▼ 24.8%
Furniture and vehicles24---€25,237€18,054€10,910€3,767€33▼ 99.1%
Financial fixed assets28€149€149€179€179€179€179€179€179=
Current assets29/58€176,396€189,567€193,730€199,986€207,301€244,440€257,639€298,614▲ 15.9%
Stocks and contracts in progress3€80,214€93,781€89,629€82,924€93,215€105,699€115,625€121,209▲ 4.8%
Stocks30/36---€82,924€93,215€105,699€115,625€121,209▲ 4.8%
Amounts receivable within one year40/41€42,461€39,226€44,882€53,534€53,425€72,047€84,223€89,805▲ 6.6%
Trade receivables40---€35,047€38,144€58,943€70,717€71,952▲ 1.7%
Other amounts receivable41---€18,487€15,281€13,104€13,506€17,853▲ 32.2%
Cash at bank and in hand54/58€36,801€38,273€37,106€46,536€44,851€64,413€55,755€85,847▲ 54.0%
Deferred charges and accrued income490/1---€16,991€15,810€2,280€2,036€1,753▼ 13.9%
Equity and liabilities
Total equity and liabilities10/49€336,998€342,523€363,256€351,019€337,953€357,230€358,238€381,087▲ 6.4%
Equity10/15€196,490€212,831€224,859€235,829€244,987€258,055€265,606€281,399▲ 5.9%
Contributions10/11€12,395€12,395€0€12,395€12,395€12,395€12,395€12,395=
Reserves13€184,096€200,436€212,465€223,434€232,593€245,660€253,211€269,004▲ 6.2%
Non-distributable reserves130/1---€1,859€1,859€1,859€0--
Reserves not available under the articles1311----€1,859€1,859€0--
Other1319---€1,859-----
Distributable reserves133---€221,575€230,733€243,801€253,211€269,004▲ 6.2%
Amounts payable17/49€140,507€129,692€138,396€115,190€92,965€99,176€92,632€99,689▲ 7.6%
Amounts payable after more than one year17€18,288€8,087€18,773€7,509-----
Financial debts170/4---€7,509-----
Amounts payable within one year42/48€121,749€121,168€117,768€107,234€85,838€99,176€91,682€99,689▲ 8.7%
Current portion of amounts payable after more than one year42---€11,895€7,509€0---
Financial debts43---€596-----
Credit institutions430/8---€596-----
Trade debts44€52,368€53,872€44,557€47,111€29,395€54,199€48,991€50,550▲ 3.2%
Suppliers440/4---€47,111€29,395€54,199€48,991€50,550▲ 3.2%
Taxes, remuneration and social security45---€7,171€13,082€8,505€6,145€8,982▲ 46.2%
Taxes450/3----€731€1,267€133€195▲ 46.8%
Remuneration and social security454/9---€7,171€12,351€7,238€6,012€8,787▲ 46.2%
Other amounts payable47/48---€40,462€35,852€36,472€36,546€40,156▲ 9.9%
Accrued charges and deferred income492/3---€447€7,127€0€950€0▼ 100%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€12,955€16,341€12,028€10,969€9,159€13,067€7,552€15,793▲ 109%
+ Depreciation and write-downs630€13,464€14,696€17,563€21,493€21,674€20,411€21,487€18,126▼ 15.6%
Operating cash flow (approximation)€26,419€31,037€29,591€32,462€30,832€33,478€29,038€33,919▲ 16.8%
Investment in fixed assets (approximation)--€7,051-€34,133-€3,000-€1,293-€2,550-€9,296€0-
Change in cash-€1,471-€1,166€9,430-€1,686€19,563-€8,659€30,092-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 45 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 25-08-2026 2026-00424072
31-12-2024 micro format 25-08-2025 2025-00399925
31-12-2023 full format 29-08-2024 2024-00420506
31-12-2022 micro format 30-08-2023 2023-00396767
31-12-2021 full format 29-09-2022 2022-20440388
31-12-2020 full format 25-08-2021 2021-53800522
31-12-2019 full format 26-08-2020 2020-46300558
31-12-2018 full format 29-08-2019 2019-57000339
31-12-2017 full format 18-07-2018 2018-35200243
31-12-2016 full format 28-08-2017 2017-51200555

Show all 45 filings

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