Financials
- Fiscal year
- 2025
- Turnover
- €219,795
- Profit
- €47,179
- Solvency
- 91.5%
Turnover▼ 0.5%
Net result
20182025
RAD - ALEX
ActiveSummary
RAD - ALEX has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €306,189 and a net result of €47,179. Equity is shrinking by ~5.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Activity not known1 site
Size
€219,795turnover 2025
- Equity
- €306,189
- Profit
- €47,179
Structure
Accounts 28 d early0 of 2 deeds read
Why 97+ Size: turnover €219,795, total assets €334,525+ Liquidity: current ratio 19.00, cash €139,069+ Founded in 1999+ Equity €306,189 (91.5% of total assets)Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Better than 77% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 91.5% of total assets
Liquidity
100+6
short-term debt 4.6% · cash 41.6%
Profitability
91-5
return on assets 14.1%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 8 months
03-2026: 0.1%
04-2026: 0.1%▲ +2.9% vs 03-2026
05-2026: 0.1%▼ -1.4% vs 04-2026
06-2026: 0.1%▲ +24.3% vs 05-2026
07-2026: 0.1%▲ +5.7% vs 06-2026highest value
08-2026: 0.1%▼ -44.6% vs 07-2026lowest value
09-2026: 0.1%▲ +2.0% vs 08-2026
10-2026: 0.1%● 0.0% vs 09-2026
- Size: turnover €219,795, total assets €334,525 lowers the probability for this profile
- Liquidity: current ratio 19.00, cash €139,069 lowers the probability
- Founded in 1999 lowers the probability for this profile
- Equity €306,189 (91.5% of total assets) lowers the probability
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 19.0 against 6.9 in 2024; short-term debt: 4.6% and cash: 41.6% of total assets), and 8.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 95%, profitability 74%, growth against the median 59%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €306,189
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
21 d late
2023
49 d early
2022
14 d early
2021
44 d early
2020
30 d early
2019
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 24 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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. Usually files around 3 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Liquidity triplescurrent ratio 19.00
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Timeline
- Events
- 15
- Since
- 2017
- Next accounts
- by 31-07-2027
- 03-07-2026Annual accounts filed
- 31-12-2025Liquidity triples
- 21-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 30-03-1999
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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