R.A.D.A. CONSTRUCT
ActiveSummary
R.A.D.A. CONSTRUCT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €206k and a net result of €13k. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 13417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+8
Solvency90▲+26
Growth85=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 4.02 against 1.98 in 2024; short-term debt: 24.7% and cash: 0.3% of total assets), and 34.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
65.2%
Return on assets
4%
Age of the figures
10 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 30-06-2026, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
2 d late
2022
3 d late
2021
8 d late
2020
2 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-11-2026 close30-06-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€621k▲ 69.5%
2020 · €367k
2018: €299klowest in 4 years
2019: €473k▲ +58.1% vs 2018
2020: €367k▼ -22.4% vs 2019
2021: €621k▲ +69.5% vs 2020highest in 4 years
2018 → 2021
EBIT margin
13.6%▲ 0.6pp
2020 · 13.0%
2018: 3.1%lowest in 4 years
2019: 3.3%▲ +5.0% vs 2018
2020: 13.0%▲ +299% vs 2019
2021: 13.6%▲ +4.3% vs 2020highest in 4 years
2018 → 2021
Net result
€13k▼ 18.3%
2024 · €15k
2018: €6klowest in 8 years
2019: €12k▲ +84.4% vs 2018
2020: €34k▲ +195% vs 2019
2021: €61k▲ +79.6% vs 2020highest in 8 years
2022: €31k▼ -48.9% vs 2021
2023: €15k▼ -51.6% vs 2022
2024: €15k▲ +1.9% vs 2023
2025: €13k▼ -18.3% vs 2024
2018 → 2025
Working capital
€236k▼ 2.4%
2024 · €241k
2018: €4klowest in 8 years
2019: €18k▲ +408% vs 2018
2020: €55k▲ +208% vs 2019
2021: €117k▲ +113% vs 2020
2022: €144k▲ +22.5% vs 2021
2023: €176k▲ +22.4% vs 2022
2024: €241k▲ +37.3% vs 2023highest in 8 years
2025: €236k▼ -2.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€621k-
Equity€120k-€151k▲ 26.2%€178k▲ 18.0%€194k▲ 8.7%€206k▲ 6.5%
2021: €120klowest in 5 years
2022: €151k▲ +26.2% vs 2021
2023: €178k▲ +18.0% vs 2022
2024: €194k▲ +8.7% vs 2023
2025: €206k▲ +6.5% vs 2024highest in 5 years
Operating result€85k-€45k▼ 46.9%€30k▼ 34.0%€26k▼ 12.2%€20k▼ 22.4%
2021: €85khighest in 5 years
2022: €45k▼ -46.9% vs 2021
2023: €30k▼ -34.0% vs 2022
2024: €26k▼ -12.2% vs 2023
2025: €20k▼ -22.4% vs 2024lowest in 5 years
Net result€61k-€31k▼ 48.9%€15k▼ 51.6%€15k▲ 1.9%€13k▼ 18.3%
2021: €61khighest in 5 years
2022: €31k▼ -48.9% vs 2021
2023: €15k▼ -51.6% vs 2022
2024: €15k▲ +1.9% vs 2023
2025: €13k▼ -18.3% vs 2024lowest in 5 years
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 22% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €317k
Fixed assets
€3k ▼ 12.3%
Current assets
€314k ▼ 35.7%
Equity and liabilities €317k
Equity
€206k ▲ 6.5%
Debt
€110k ▼ 62.9%
Debt's share of the balance-sheet total falls from 60.6% to 34.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▼
2024 · €26k
Cash flow
€13k▼
2024 · €16k
Current ratio
4.02▲
2024 · 1.98
Debt to equity
0.53▼
2024 · 1.54
ROE
6.1%▼
2024 · 8.0%
ROA
4.0%▲
2024 · 3.2%
Interest coverage
5.79▲
2024 · 4.90
Debt ≤ 1 year
€78k▼
2024 · €247k
Debt > 1 year
€32k▼
2024 · €51k
Income taxes
€4k▼
2024 · €5k
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 · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€491k€317k▼
Fixed assets21/28€3k€3k▼
Tangible fixed assets22/27€815€408▼
Furniture and vehicles24€815€408▼
Financial fixed assets28€3k€3k=
Current assets29/58€488k€314k▼
Amounts receivable within one year40/41€484k€313k▼
Trade receivables40€305k€97k▼
Other amounts receivable41€180k€215k▲
Cash at bank and in hand54/58€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€491k€317k▼
Equity10/15€194k€206k▲
Contributions10/11€18k€18k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€174k€186k▲
Amounts payable17/49€298k€110k▼
Amounts payable after more than one year17€51k€32k▼
Financial debts170/4€51k€32k▼
Amounts payable within one year42/48€247k€78k▼
Current portion of amounts payable after more than one year42€19k€23k▲
Trade debts44€216k€46k▼
Suppliers440/4€39k€4k▼
Bills of exchange payable441€178k€42k▼
Taxes, remuneration and social security45€11k€9k▼
Taxes450/3€11k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€407€407=
Other operating charges640/8€868€1k▲
Gross operating margin9900€27k€22k▼
Operating profit (loss)9901€26k€20k▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€21k€17k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€15k€13k▼
Profit (loss) for the period to be appropriated9905€15k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€174k€186k▲
Profit (loss) brought forward from the previous period14P€158k€174k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €621k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €536k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €458 | €867 | - | €407 | €407 | = |
| Other operating charges640/8 | €40 | €115 | €4k | €868 | €1k | ▲ 46.7% |
| Gross operating margin9900 | €85k | €46k | €33k | €27k | €22k | ▼ 19.8% |
| Operating profit (loss)9901 | €85k | €45k | €30k | €26k | €20k | ▼ 22.4% |
| Financial charges65/66B | €450 | €474 | €7k | €5k | €4k | ▼ 34.0% |
| Recurring financial charges65 | €450 | €474 | €7k | €5k | €4k | ▼ 34.0% |
| Profit (loss) for the period before taxes9903 | €84k | €44k | €23k | €21k | €17k | ▼ 19.3% |
| Income taxes67/77 | €23k | €13k | €7k | €5k | €4k | ▼ 22.5% |
| Profit (loss) for the period9904 | €61k | €31k | €15k | €15k | €13k | ▼ 18.3% |
| Profit (loss) for the period to be appropriated9905 | €61k | €31k | €15k | €15k | €13k | ▼ 18.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €182k | €263k | €346k | €491k | €317k | ▼ 35.5% |
| Fixed assets21/28 | €3k | €7k | €3k | €3k | €3k | ▼ 12.3% |
| Tangible fixed assets22/27 | - | €5k | - | €815 | €408 | ▼ 50.0% |
| Furniture and vehicles24 | - | €5k | - | €815 | €408 | ▼ 50.0% |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €180k | €256k | €343k | €488k | €314k | ▼ 35.7% |
| Amounts receivable within one year40/41 | €165k | €252k | €342k | €484k | €313k | ▼ 35.4% |
| Trade receivables40 | €19k | €55k | €220k | €305k | €97k | ▼ 68.0% |
| Other amounts receivable41 | €146k | €196k | €122k | €180k | €215k | ▲ 19.7% |
| Cash at bank and in hand54/58 | €15k | €4k | €867 | €4k | €1k | ▼ 70.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €182k | €263k | €346k | €491k | €317k | ▼ 35.5% |
| Equity10/15 | €120k | €151k | €178k | €194k | €206k | ▲ 6.5% |
| Contributions10/11 | €6k | €6k | €18k | €18k | €18k | = |
| Outside capital11 | €6k | - | - | - | - | - |
| Other1109/19 | €6k | - | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €112k | €143k | €158k | €174k | €186k | ▲ 7.3% |
| Amounts payable17/49 | €62k | €112k | €167k | €298k | €110k | ▼ 62.9% |
| Amounts payable after more than one year17 | - | - | - | €51k | €32k | ▼ 36.8% |
| Financial debts170/4 | - | - | - | €51k | €32k | ▼ 36.8% |
| Amounts payable within one year42/48 | €62k | €112k | €167k | €247k | €78k | ▼ 68.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €19k | €23k | ▲ 22.7% |
| Trade debts44 | €27k | €77k | €142k | €216k | €46k | ▼ 78.9% |
| Suppliers440/4 | €20k | €9k | €5k | €39k | €4k | ▼ 90.1% |
| Bills of exchange payable441 | €7k | €68k | €137k | €178k | €42k | ▼ 76.4% |
| Taxes, remuneration and social security45 | €36k | €35k | €26k | €11k | €9k | ▼ 17.7% |
| Taxes450/3 | €36k | €35k | €26k | €11k | €9k | ▼ 17.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61k | €31k | €15k | €15k | €13k | ▼ 18.3% |
| + Depreciation and write-downs630 | €458 | €867 | - | €407 | €407 | = |
| Operating cash flow (approximation) | €62k | €32k | €15k | €16k | €13k | ▼ 17.8% |
| Investment in fixed assets (approximation) | - | €-6k | €5k | €-1k | €0 | ▲ 100% |
| Change in cash | - | €-11k | €-3k | €3k | €-2k | ▼ 193% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-11
Financial
Liquidity doublescurrent ratio 4.02
Current ratio from 1.98 to 4.02; short-term debt falls from €247k to €78k.
30-11
Financial
Equity above €200kEq €206k ▲6.5%
8 profitable years in a row build equity to €206k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
30-11
Financial
Equity above €150kEq €151k ▲26.2%
5 profitable years in a row build equity to €151k.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
30-11
Financial
Highest result since 2018net €61k ▲79.6%
Operating result €85k, net result €61k, both a record.
30-11
Financial
Equity above €100kEq €120k ▲105%
4 profitable years in a row build equity to €120k.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Ganshoren · 1 establishment unit since 2017
Ground area
2,672 m²
Parcel 21392A0043/00D002, Brussels. Linked by address, not a title deed.
1 establishment unit
R.A.D.A. CONSTRUCT
since 20172.267.219.107
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21392A0043/00D002 | Brussels | 2,672 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGanshoren2.267.219.107
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 6,607 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded21-06-2017
Fiscal year end30-11
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
93299Other amusement and recreation activities
Scores and ratios are computed by Checked and are not a credit decision.