R.D.I.
ActiveSummary
R.D.I. has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €824,109 and a net result of €1.2m. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 30% of 5046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+11
Solvency53▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.39 in 2024; short-term debt: 16.3% and cash: 3.3% of total assets), and 72.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% 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
27.7%
Return on assets
38.8%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-11-2025, 30 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
30 d late
2024
25 d late
2023
27 d late
2021
59 d late
2020
92 d late
2019
62 d late
2018
56 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 50 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#4 company by total assets in Incourt, Wholesale and retail trade sector#5 company by equity in Incourt, Wholesale and retail trade sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.2m▲ 97.9%
2024 · €582,589
Working capital
-€376,421▲ 0.3%
2024 · -€377,459
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202320242025
Operating result€44,654▼ 0.8%€44,359▼ 0.7%€215,124-€181,646▼ 15.6%€205,858▲ 13.3%
Net result€28,789within the sector's middle half▲ 6.9%€28,488within the sector's middle half▼ 1.0%€137,095within the sector's middle half-€582,589above the sector's middle half▲ 325%€1.2mabove the sector's middle half▲ 97.9%
Equity€372,996within the sector's middle half▲ 8.4%€401,485within the sector's middle half▲ 7.6%€538,579within the sector's middle half-€621,169within the sector's middle half▲ 15.3%€824,109within the sector's middle half▲ 32.7%
Total assets€772,212within the sector's middle half▲ 3.0%€799,561below the sector's middle half▲ 3.5%€3.4mwithin the sector's middle half-€3.0mwithin the sector's middle half▼ 11.2%€3.0mwithin the sector's middle half▼ 1.4%
Debt€399,216▼ 1.5%€398,077▼ 0.3%€2.9m-€2.4m▼ 16.2%€2.1m▼ 10.3%
Working capital-€144,934below the sector's middle half▲ 12.2%-€117,926below the sector's middle half▲ 18.6%-€368,495below the sector's middle half--€377,459below the sector's middle half▼ 2.4%-€376,421below the sector's middle half▲ 0.3%
Solvency48.3%within the sector's middle half▲ 2.4pp50.2%within the sector's middle half▲ 1.9pp15.9%below the sector's middle half-20.6%below the sector's middle half▲ 4.7pp27.7%within the sector's middle half▲ 7.1pp
Current ratio0.64below the sector's middle half▲ 0.050.70below the sector's middle half▲ 0.070.62below the sector's middle half-0.39below the sector's middle half▼ 0.230.22below the sector's middle half▼ 0.16
Return on assets (ROA)3.7%within the sector's middle half▲ 0.1pp3.6%within the sector's middle half▼ 0.2pp4.0%within the sector's middle half-19.3%above the sector's middle half▲ 15.3pp38.8%above the sector's middle half▲ 19.5pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2024 Net result +325% on 2023. The previous fiscal year ran 15 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.0m
Fixed assets
€2.9m ▲ 3.2%
Current assets
€109,077 ▼ 54.7%
Equity and liabilities €3.0m
Equity
€824,109 ▲ 32.7%
Debt
€2.1m ▼ 10.3%
Debt's share of the balance-sheet total falls from 79.4% to 72.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€224,216▲
2024 · €199,275
Cash flow
€1.2m▲
2024 · €600,219
Debt to equity
2.61▼
2024 · 3.86
ROE
139.9%▲
2024 · 93.8%
Interest coverage
3.27▲
2024 · 2.78
Debt ≤ 1 year
€485,498▼
2024 · €618,284
Debt > 1 year
€1.7m▼
2024 · €1.8m
Income taxes
€34,313▲
2024 · €27,330
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €15,875 | €17,629 | €18,358 | ▲ 4.1% |
| Gross operating margin9900 | €44,654 | €44,359 | €231,000 | €199,275 | €224,216 | ▲ 12.5% |
| Operating profit (loss)9901 | €44,654 | €44,359 | €215,124 | €181,646 | €205,858 | ▲ 13.3% |
| Financial income75/76B | - | €2,044 | - | €500,000 | €1.1m | ▲ 110% |
| Recurring financial income75 | €2,004 | €2,044 | - | €500,000 | €1.1m | ▲ 110% |
| Financial charges65/66B | - | €8,158 | €29,556 | €71,726 | €68,604 | ▼ 4.4% |
| Recurring financial charges65 | €8,127 | €8,158 | €29,556 | €71,726 | €68,604 | ▼ 4.4% |
| Profit (loss) for the period before taxes9903 | €38,531 | €38,245 | €185,568 | €609,919 | €1.2m | ▲ 94.7% |
| Income taxes67/77 | €9,742 | €9,757 | €48,473 | €27,330 | €34,313 | ▲ 25.6% |
| Profit (loss) for the period9904 | €28,789 | €28,488 | €137,095 | €582,589 | €1.2m | ▲ 97.9% |
| Profit (loss) for the period to be appropriated9905 | €28,789 | €28,488 | €137,095 | €582,589 | €1.2m | ▲ 97.9% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €772,212 | €799,561 | €3.4m | €3.0m | €3.0m | ▼ 1.4% |
| Fixed assets21/28 | €519,410 | €519,410 | €2.8m | €2.8m | €2.9m | ▲ 3.2% |
| Tangible fixed assets22/27 | €174,591 | €174,591 | €335,008 | €317,379 | €406,568 | ▲ 28.1% |
| Land and buildings22 | - | €174,591 | €174,591 | €174,591 | €281,410 | ▲ 61.2% |
| Plant, machinery and equipment23 | - | - | €160,417 | €142,788 | €125,159 | ▼ 12.3% |
| Financial fixed assets28 | €344,820 | €344,820 | €2.5m | €2.5m | €2.5m | = |
| Current assets29/58 | €252,802 | €280,151 | €604,428 | €240,825 | €109,077 | ▼ 54.7% |
| Amounts receivable within one year40/41 | €135,568 | €137,688 | €215,363 | €7,431 | €10,687 | ▲ 43.8% |
| Trade receivables40 | - | €25,415 | €210,363 | €2,431 | - | - |
| Other amounts receivable41 | - | €112,273 | €5,000 | €5,000 | €10,687 | ▲ 114% |
| Cash at bank and in hand54/58 | €117,189 | €142,457 | €388,561 | €232,785 | €97,783 | ▼ 58.0% |
| Deferred charges and accrued income490/1 | - | €5 | €504 | €609 | €607 | ▼ 0.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €772,212 | €799,561 | €3.4m | €3.0m | €3.0m | ▼ 1.4% |
| Equity10/15 | €372,996 | €401,485 | €538,579 | €621,169 | €824,109 | ▲ 32.7% |
| Contributions10/11 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Capital10 | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Issued capital100 | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Reserves13 | €7,500 | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Non-distributable reserves130/1 | - | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Legal reserve130 | - | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Profit (loss) carried forward14 | €290,496 | €318,985 | €456,079 | €538,669 | €741,609 | ▲ 37.7% |
| Amounts payable17/49 | €399,216 | €398,077 | €2.9m | €2.4m | €2.1m | ▼ 10.3% |
| Amounts payable after more than one year17 | €1,479 | - | €1.9m | €1.8m | €1.7m | ▼ 6.3% |
| Financial debts170/4 | - | - | €1.9m | €1.8m | €1.7m | ▼ 6.3% |
| Amounts payable within one year42/48 | €397,736 | €398,077 | €972,923 | €618,284 | €485,498 | ▼ 21.5% |
| Current portion of amounts payable after more than one year42 | - | €1,479 | €105,729 | €109,183 | €112,750 | ▲ 3.3% |
| Trade debts44 | €7,955 | €7,981 | €190,370 | €52,256 | €9,364 | ▼ 82.1% |
| Suppliers440/4 | - | €7,981 | €190,370 | €52,256 | €9,364 | ▼ 82.1% |
| Taxes, remuneration and social security45 | - | €674 | €33,623 | €13,230 | €11,088 | ▼ 16.2% |
| Taxes450/3 | - | €674 | €33,623 | €13,230 | €11,088 | ▼ 16.2% |
| Other amounts payable47/48 | - | €387,942 | €643,201 | €443,615 | €352,296 | ▼ 20.6% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,789 | €28,488 | €137,095 | €582,589 | €1.2m | ▲ 97.9% |
| + Depreciation and write-downs630 | - | - | €15,875 | €17,629 | €18,358 | ▲ 4.1% |
| Operating cash flow (approximation) | €28,789 | €28,488 | €152,970 | €600,219 | €1.2m | ▲ 95.1% |
| Investment in fixed assets (approximation) | - | €0 | - | €0 | -€107,510 | - |
| Change in cash | - | €25,269 | - | -€155,776 | -€135,002 | ▲ 13.3% |
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
2025
30-11
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 30 days late
31-03
Financial
Highest result since 2018net €1.2m ▲97.9%
Net result €1.2m, the highest in the series.
2024
25-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2023
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
31-03
Financial
Equity above €500,000Eq €538,579 ▲34.1%
5 profitable years in a row build equity to €538,579.
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 59 days late
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 92 days late
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 62 days late
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 56 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
21-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 52 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Incourt · 1 establishment unit since 2001
Ground area
8,129 m²
Building footprint
2,440 m²
Volume, LiDAR
947 m³
2 parcels, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Rue du Commandant Michaux 7 A, 1315 Incourt
since 20012.098.185.125
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25035A0206/00H000 | Wallonia | 5,178 m² | 1 · 2,309 m² | - |
| 25035B0472/00A000 | Wallonia | 2,951 m² | 1 · 131 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-03-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the annual accounts to 31-03-2025 of R.D.I. and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 6,146 companies in sector 46190 we hold annual accounts for 2,576. 1,300 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-04-2001
Fiscal year end31-03
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474506281
Registered
18-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.