The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 177 companies had the same profile as RADCON has now. Each dot is one company, two years later.
91.5%
were still trading
5.1%
stopped another way
3.4%
went bankrupt
Micro
under 2 years old
solvency 10 to 30%
a loss of 10% of the balance sheet or more
Test of the method
The method was tested on the 497,331 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.
The companies in ten equal groups, from the lowest to the highest expected share
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 177 companies, not a prediction for RADCON. 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.
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Incorporation
Founding capital of €3,000, 300 shares · Founder: Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in (director) · published on 01-07-2025 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as RADCON: real estate activities (NACE 68329). They are comparable in size and age: total assets between €16,600 and €87,200, founded between 2019 and 2025.
RADCON has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,084 and a net result of -€916.
Its solvency ranks better than 44% of 19,803 sector peers (NACE 68, financial year 2025).
The company number of RADCON is 1024.810.938. The VAT number is the same number with BE in front: BE 1024.810.938.
Where is RADCON based?
The registered office is at Mortagnestraat 12, 1670 Pepingen.Company details
What does RADCON do?
According to the KBO register, the main activity is real estate activities (NACE 68329).
What is the legal form of RADCON?
RADCON is a private limited company (BV).
When was RADCON founded?
RADCON was founded on 27-06-2025.
Is RADCON still active?
Yes, RADCON is an active enterprise in the KBO register.
What is the turnover of RADCON?
The turnover in financial year 2025 is ≈ €1,200. This figure is estimated from the gross margin of €315 and 42 comparable companies (NACE 683). It probably lies between €470 and €2,300. It is a rough estimate.Financials
Is RADCON profitable?
In financial year 2025, RADCON made a loss of €916.
Where can I find the annual accounts of RADCON?
RADCON filed 1 annual account with the National Bank of Belgium, for financial year 2025.