RAD2O
ActiveSummary
The computed 12-month bankruptcy probability of RAD2O is 3.6% (moderate). The 2025 annual accounts show equity of €248,334 and a net result of -€17,512. Equity is growing by ~3.8% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 52 days after 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)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 928 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 928 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €683 | €729 | €3,238 | €7,190 | €7,695 | ▲ 7.0% |
| Other operating charges640/8 | €560 | €652 | €619 | €478 | €654 | ▲ 36.8% |
| Gross operating margin9900 | €293,329 | €306,213 | €448,127 | €130,994 | €106,836 | ▼ 18.4% |
| Operating profit (loss)9901 | €292,086 | €304,832 | €444,271 | €123,326 | €98,487 | ▼ 20.1% |
| Financial income75/76B | €910 | €2,602 | €9,429 | €6,603 | €1,978 | ▼ 70.0% |
| Recurring financial income75 | €910 | €2,602 | €9,429 | €6,603 | €1,978 | ▼ 70.0% |
| Financial charges65/66B | €24,251 | €92,827 | €95,424 | €67,792 | €117,691 | ▲ 73.6% |
| Recurring financial charges65 | €24,251 | €92,827 | €95,424 | €67,792 | €117,691 | ▲ 73.6% |
| Profit (loss) for the period before taxes9903 | €268,745 | €214,607 | €358,275 | €62,137 | -€17,225 | ▼ 128% |
| Income taxes67/77 | €74,606 | €48,616 | €89,465 | €14,079 | €287 | ▼ 98.0% |
| Profit (loss) for the period9904 | €194,139 | €165,991 | €268,810 | €48,059 | -€17,512 | ▼ 136% |
| Profit (loss) for the period to be appropriated9905 | €194,139 | €165,991 | €268,810 | €48,059 | -€17,512 | ▼ 136% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €556,118 | €593,223 | €600,634 | €514,113 | €457,615 | ▼ 11.0% |
| Fixed assets21/28 | €2,926 | €3,815 | €21,384 | €18,572 | €10,877 | ▼ 41.4% |
| Tangible fixed assets22/27 | €2,676 | €3,815 | €21,384 | €18,572 | €10,877 | ▼ 41.4% |
| Furniture and vehicles24 | €2,676 | €3,815 | €7,974 | €8,016 | €3,175 | ▼ 60.4% |
| Other tangible fixed assets26 | - | - | €13,410 | €10,556 | €7,702 | ▼ 27.0% |
| Financial fixed assets28 | €250 | - | - | - | - | - |
| Current assets29/58 | €553,193 | €589,408 | €579,250 | €495,541 | €446,738 | ▼ 9.8% |
| Amounts receivable within one year40/41 | €13,148 | €61,122 | €64,721 | €36,163 | €38,632 | ▲ 6.8% |
| Trade receivables40 | - | €3,011 | €5,000 | - | €2,256 | - |
| Other amounts receivable41 | €13,148 | €58,110 | €59,721 | €36,163 | €36,377 | ▲ 0.6% |
| Current investments50/53 | €7,000 | €319,000 | €331,057 | €345,800 | €358,109 | ▲ 3.6% |
| Cash at bank and in hand54/58 | €375,047 | €87,927 | €26,513 | €82,917 | €19,694 | ▼ 76.2% |
| Deferred charges and accrued income490/1 | €157,998 | €121,360 | €156,960 | €30,661 | €30,302 | ▼ 1.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €556,118 | €593,223 | €600,634 | €514,113 | €457,615 | ▼ 11.0% |
| Equity10/15 | €419,487 | €585,477 | €305,288 | €265,846 | €248,334 | ▼ 6.6% |
| Contributions10/11 | €8,000 | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Reserves13 | €287,500 | €287,500 | €287,500 | €200,000 | €200,000 | = |
| Distributable reserves133 | €287,500 | €287,500 | €287,500 | €200,000 | €200,000 | = |
| Profit (loss) carried forward14 | €123,987 | €289,977 | €9,788 | €57,846 | €40,334 | ▼ 30.3% |
| Amounts payable17/49 | €136,632 | €7,746 | €295,347 | €248,267 | €209,281 | ▼ 15.7% |
| Amounts payable within one year42/48 | €136,632 | €7,746 | €295,347 | €246,160 | €202,060 | ▼ 17.9% |
| Trade debts44 | €3,963 | €5,246 | €3,882 | €3,399 | €3,162 | ▼ 7.0% |
| Suppliers440/4 | €3,963 | €5,246 | €3,882 | €3,399 | €3,162 | ▼ 7.0% |
| Taxes, remuneration and social security45 | €132,668 | €2,500 | €31,465 | €6,403 | €5,539 | ▼ 13.5% |
| Taxes450/3 | €132,668 | €2,500 | €31,465 | €3,403 | €5,539 | ▲ 62.8% |
| Remuneration and social security454/9 | - | - | - | €3,000 | - | - |
| Other amounts payable47/48 | - | - | €260,000 | €236,358 | €193,360 | ▼ 18.2% |
| Accrued charges and deferred income492/3 | - | - | - | €2,107 | €7,221 | ▲ 243% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €194,139 | €165,991 | €268,810 | €48,059 | -€17,512 | ▼ 136% |
| + Depreciation and write-downs630 | €683 | €729 | €3,238 | €7,190 | €7,695 | ▲ 7.0% |
| Operating cash flow (approximation) | €194,822 | €166,720 | €272,048 | €55,249 | -€9,818 | ▼ 118% |
| Investment in fixed assets (approximation) | - | -€1,619 | -€20,807 | -€4,378 | €0 | ▲ 100% |
| Change in cash | - | -€287,120 | -€61,414 | €56,404 | -€63,223 | ▼ 212% |
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
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0420/00L010 | Brussels | 1,980 m² | 1 · 996 m² | 29.9 m · 9 fl. |
| 62001B0453/00P014 | Wallonia | 540 m² | 1 · 133 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Legal Entity Identifier
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.