Equity
€3.6m ▲ 0.4%
RADCO has made a profit in every financial year since 2006.
RADCO
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €1.6m (2010)
€743,032▼ 2.2%
peak €499,989 (2010)
€12,903▼ 24.1%
peak €3.6m (2025)
€3.6m▲ 0.4%
€2.1m▲ 4.4%
peak 28.1 FTE (2013)
13.9 FTE▲ 3.0%
Board5 names since 2021
4 directors and 3 others
Owners
consolidates
Documentsfilings and deeds
15-10-202676 days late
2025abbreviated format
Investments €196,353Cash from €194,304 to €460,015
Key points
from the 2025 annual accountsTurnover
≈ €1.8m estimated
The abbreviated format states no turnover.
Investments
€196,353 3.4 × depreciation
Green is investment, beige is depreciation.
Staff
13.9 FTE from 28.1 in 2013
Between 2013 and 2025, 51% of the full-time equivalents disappeared.
Filings
34 annual accounts 76 days
Latest accounts filed late: after the legal deadline.
Position in the sector
€3.6m
More equity than 93% of companies in wood and cork. Sector median €529,361 · 371 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as RADCO has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,768 companies, not a prediction for RADCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 15-12-2023
Director, since 15-12-2023
Director, since 15-12-2023
Director, since 15-12-2023
- 99%score equity €14.3m (2025) · 2025 annual accounts of
- consolidatesannual accounts 2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0446896618
4 directors appointed, 4 resignations
Resignations: , , and · Appointments: , , and · Director discharge: · General meeting of 15-12-2023 · Gazette deed
4 directors reappointed
(managing director), , and · General meeting of 02-10-2021 · Gazette deed
Resignation: (director)
Director discharge: · General meeting of 29-09-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RADCO Mouscron | €5.7m | €0.7m | 63.7% | 13.9 |
| DEGRO-WOODCONSTRUCT Evergem | €3.9m | €1.1m | 84.9% | 12.7 |
| MENUISOL Namur | €3.7m | €1.2m | 19.1% | 11.7 |
| L. VAN BIJLEN en ZN Dessel | €4.3m | €0.8m | 73.8% | 8.5 |
| DE MAESSCHALCK - GOETHALS Lokeren | €4.2m | €1.5m | 82.5% | 15.2 |
| ART BOIS ETALLE Etalle | €3.3m | €0.9m | 46.7% | 9.1 |
| FLEX Nivelles | €4.7m | €1.2m | 20.4% | 10.6 |
These companies have the same main activity as RADCO: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €3.3m and €4.7m, founded between 1974 and 1996.
Official details
Source: KBO- Status
- Active since 20-03-1992Normal situation
- Activity
- Manufacture of other builders' carpentry and joineryNACE 16230and 3 others
- Establishment unit
- 2.130.865.8117700 Mouscron, since 30-03-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Annual accounts 2025
- €5.7m▲ 1.8%
- Employeeson 31-12-2025
- 15▲ 15.4%
- Filing
- Filed on 15-10-2026
Insights on RADCO
RADCO files the abbreviated format. That format states no turnover. The gross margin fell from €793,748 in 2006 to €743,032 in 2025.
holds 99% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about RADCO
- What is the company number of RADCO?
- The company number of RADCO is 0446.896.618. The VAT number is the same number with BE in front: BE 0446.896.618.
- Where is RADCO based?
- The registered office is at Malgré-Toutstraat 50, 7700 Mouscron.Company details
- What does RADCO do?
- According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
- What is the legal form of RADCO?
- RADCO is a public limited company (NV).
- When was RADCO founded?
- RADCO was founded on 20-03-1992.
- Is RADCO still active?
- Yes, RADCO is an active enterprise in the KBO register.
- How many employees does RADCO have?
- RADCO had an average of 13.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of RADCO?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €743,032 and 2,275 comparable companies of the same size. It probably lies between €1.1m and €3.0m. It is a rough estimate.
- Is RADCO profitable?
- In financial year 2025, RADCO made a profit of €12,903.
- Where can I find the annual accounts of RADCO?
- RADCO filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RADCO due?
- RADCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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