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RADEMA

Active
Public limited companyfounded 198838 yrs activeVen 44, 3930 Hamont-Achel, BelgiumKBO/BCE: BE 0433.279.697
Summary

RADEMA has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of €172,125. Equity remains stable across the filed fiscal years (±2% per year). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability78▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190,000 at 30 days acceptable
short-term debt: 0.4% and cash: 6% of total assets, and 0.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.6%
Return on assets
7.1%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
20 d early
2023
2 d early
2022
4 d early
2021
12 d early
2020
8 d early
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 3 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 28 January 1988, RADEMA was incorporated.1 Total assets went from EUR 2.1 million in 2018 to EUR 2.4 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€73,833
EBIT margin
-92.2%
Net result
€172,125▲ 23.0%
2024 · €139,918
Working capital
€2.1m▲ 4.7%
2024 · €2.0m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover
Operating result€119,453▲ 14.2%€157,115▲ 31.5%€125,277▼ 20.3%€150,269▲ 19.9%€134,581▼ 10.4%
Net result€77,818▲ 0.2%-€83,582€208,805€139,918▼ 33.0%€172,125▲ 23.0%
EBIT margin
Equity€2.3m▲ 3.5%€2.2m▼ 3.6%€2.4m▲ 9.4%€2.2m▼ 8.6%€2.4m▲ 7.7%
Total assets€2.3m▲ 2.9%€2.2m▼ 3.2%€2.5m▲ 9.3%€2.6m▲ 5.3%€2.4m▼ 6.7%
Debt€4,796▼ 72.4%€14,289▲ 198%€14,887▲ 4.2%€355,015▲ 2,285%€9,337▼ 97.4%
Working capital€2.3m▲ 5.1%€2.0m▼ 12.7%€2.2m▲ 9.9%€2.0m▼ 8.8%€2.1m▲ 4.7%
Staff (FTE)0
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2021: €119,453€119,453Net result 2021: €77,818€77,818Operating result 2022: €157,115€157,115Net result 2022: -€83,582-€83,582Operating result 2023: €125,277€125,277Net result 2023: €208,805€208,805Operating result 2024: €150,269€150,269Net result 2024: €139,918€139,918Operating result 2025: €134,581€134,581Net result 2025: €172,125€172,12520212022202320242025€0€100,000€200,000Operating result 2023: €125,277€125,000Net result 2023: €208,805€209,000Operating result 2024: €150,269€150,000Net result 2024: €139,918€140,000Operating result 2025: €134,581€135,000Net result 2025: €172,125€172,000202320242025
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.4m
Fixed assets €325,788 ▲ 32.4%
Current assets €2.1m ▼ 10.8%
Equity and liabilities €2.4m
Equity €2.4m ▲ 7.7%
Debt €9,337 ▼ 97.4%
Debt's share of the balance-sheet total falls from 13.7% to 0.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€164,958▼
2024 · €178,476
Cash flow
€202,502▲
2024 · €168,125
Debt to equity
0.00▼
2024 · 0.16
ROE
7.2%▲
2024 · 6.3%
ROA
7.1%▲
2024 · 5.4%
Interest coverage
14.21▼
2024 · 18.13
Debt ≤ 1 year
€9,337▼
2024 · €355,015
Income taxes
€48,836▲
2024 · €44,762
A ratio outside any meaningful range has been withheld (balance sheet total €2.4m, equity €2.4m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 20,082 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.6m€2.4m▼
Fixed assets21/28€246,134€325,788▲
Tangible fixed assets22/27€246,134€325,788▲
Land and buildings22€246,134€325,788▲
Current assets29/58€2.3m€2.1m▼
Amounts receivable within one year40/41€350,463€1,272▼
Trade receivables40-€253
Other amounts receivable41€350,463€1,019▼
Current investments50/53€2.0m€1.9m▼
Cash at bank and in hand54/58€25,616€143,872▲
Deferred charges and accrued income490/1€2,223€2,242▲
Equity and liabilities
Total equity and liabilities10/49€2.6m€2.4m▼
Equity10/15€2.2m€2.4m▲
Contributions10/11€156,173€156,173=
Capital10€156,173€156,173=
Issued capital100€156,173€156,173=
Reserves13€2.1m€2.2m▲
Non-distributable reserves130/1€15,617€15,617=
Legal reserve130€15,617€15,617=
Distributable reserves133€2.1m€2.2m▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€355,015€9,337▼
Amounts payable within one year42/48€355,015€9,337▼
Trade debts44€674€0▼
Suppliers440/4€674€0▼
Taxes, remuneration and social security45€0€4,607▲
Taxes450/3€0€4,607▲
Other amounts payable47/48€354,341€4,730▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,207€30,377▲
Other operating charges640/8€1,030€1,060▲
Gross operating margin9900€179,505€166,019▼
Operating profit (loss)9901€150,269€134,581▼
Financial income75/76B€44,257€97,992▲
Recurring financial income75€44,257€97,992▲
Financial charges65/66B€9,846€11,612▲
Recurring financial charges65€9,846€11,612▲
Profit (loss) for the period before taxes9903€184,680€220,961▲
Income taxes67/77€44,762€48,836▲
Profit (loss) for the period9904€139,918€172,125▲
Profit (loss) for the period to be appropriated9905€139,918€172,125▲
Appropriation of the result
Profit (loss) to be appropriated9906€139,918€172,125▲
Transfer from equity791/2€350,000€0▼
Transfer to equity691/2€139,918€172,125▲
To other reserves6921€139,918€172,125▲
Profit to be distributed694/7€350,000€0▼
Return on contributions (dividend)694€350,000€0▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,966€8,154€26,792€28,207€30,377▲ 7.7%
Other operating charges640/8€35,601€930€14,821€1,030€1,060▲ 3.0%
Gross operating margin9900€186,021€166,199€166,890€179,505€166,019▼ 7.5%
Operating profit (loss)9901€119,453€157,115€125,277€150,269€134,581▼ 10.4%
Financial income75/76B€31,069€67,978€45,828€44,257€97,992▲ 121%
Recurring financial income75€31,069€67,978€37,205€44,257€97,992▲ 121%
Non-recurring financial income76B--€8,623---
Financial charges65/66B€46,302€263,063-€75,417€9,846€11,612▲ 17.9%
Recurring financial charges65€46,302€263,063-€75,417€9,846€11,612▲ 17.9%
Profit (loss) for the period before taxes9903€104,220-€37,970€246,522€184,680€220,961▲ 19.6%
Income taxes67/77€26,403€45,612€37,718€44,762€48,836▲ 9.1%
Profit (loss) for the period9904€77,818-€83,582€208,805€139,918€172,125▲ 23.0%
Profit (loss) for the period to be appropriated9905€77,818-€83,582€208,805€139,918€172,125▲ 23.0%
Line20212022202320242025Change
Assets
Total assets20/58€2.3m€2.2m€2.5m€2.6m€2.4m▼ 6.7%
Fixed assets21/28€48,929€251,696€265,528€246,134€325,788▲ 32.4%
Tangible fixed assets22/27€48,929€251,696€265,528€246,134€325,788▲ 32.4%
Land and buildings22€48,929€251,696€265,528€246,134€325,788▲ 32.4%
Current assets29/58€2.3m€2.0m€2.2m€2.3m€2.1m▼ 10.8%
Amounts receivable within one year40/41€17,793€16,527€36,860€350,463€1,272▼ 99.6%
Trade receivables40----€253-
Other amounts receivable41€17,793€16,527€36,860€350,463€1,019▼ 99.7%
Current investments50/53€1.8m€1.7m€1.8m€2.0m€1.9m▼ 1.1%
Cash at bank and in hand54/58€442,433€257,944€333,126€25,616€143,872▲ 462%
Deferred charges and accrued income490/1€1,863€2,024€2,192€2,223€2,242▲ 0.9%
Equity and liabilities
Total equity and liabilities10/49€2.3m€2.2m€2.5m€2.6m€2.4m▼ 6.7%
Equity10/15€2.3m€2.2m€2.4m€2.2m€2.4m▲ 7.7%
Contributions10/11€156,173€156,173€156,173€156,173€156,173=
Capital10€156,173€156,173€156,173€156,173€156,173=
Issued capital100€156,173€156,173€156,173€156,173€156,173=
Reserves13€2.2m€2.1m€2.3m€2.1m€2.2m▲ 8.3%
Non-distributable reserves130/1€15,617€15,617€15,617€15,617€15,617=
Legal reserve130€15,617€15,617€15,617€15,617€15,617=
Distributable reserves133€2.1m€2.1m€2.3m€2.1m€2.2m▲ 8.4%
Profit (loss) carried forward14---€0€0-
Amounts payable17/49€4,796€14,289€14,887€355,015€9,337▼ 97.4%
Amounts payable within one year42/48€4,796€14,289€14,887€355,015€9,337▼ 97.4%
Trade debts44€455€1,408€1,507€674€0▼ 100%
Suppliers440/4€455€1,408€1,507€674€0▼ 100%
Taxes, remuneration and social security45-€8,540€9,039€0€4,607-
Taxes450/3-€8,540€9,039€0€4,607-
Other amounts payable47/48€4,341€4,341€4,341€354,341€4,730▼ 98.7%
Line20212022202320242025Change
Profit (loss) for the period9904€77,818-€83,582€208,805€139,918€172,125▲ 23.0%
+ Depreciation and write-downs630€30,966€8,154€26,792€28,207€30,377▲ 7.7%
Operating cash flow (approximation)€108,784-€75,428€235,596€168,125€202,502▲ 20.4%
Investment in fixed assets (approximation)--€210,921-€40,625-€8,812-€110,031▼ 1,149%
Change in cash--€184,490€75,182-€307,509€118,256▲ 138%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Liquidity times 34current ratio 223.06
Current ratio from 6.58 to 223.06; short-term debt falls from €355,015 to €9,337.
11-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €208,805
Net result €208,805 after one loss-making year.
27-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet -€83,582
Net result drops to -€83,582, the lowest in the series; recovery starts the following year.
19-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Liquidity quadruplescurrent ratio 472.83
Current ratio from 125.00 to 472.83; short-term debt falls from €17,371 to €4,796.
23-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial Back to profitnet €86,443
Net result €86,443 after one loss-making year.
Show earlier events
24-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
19-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 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
11 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, Hamont-Achel · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
4,387 m²
Building footprint
205 m²
Volume, LiDAR
1,047 m³
Parcel 72001B0276/00C000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
RADEMA NV
Ven 44, 3930 Hamont-AchelRenting and operating of own or leased non-residential real estate, excluding land
since 19882.034.889.853
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72001B0276/00C000 Flanders 4,386 m² 1 · 205 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

967600I8FXELL0VZUS17
live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded28-01-1988
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.