Equity
€61,748 from €130,100 in 2024
Equity fell by 53% in 1 year.
RADEPA
Lifetime
17 annual accounts with figures on one time axispeak €239,737 (2024)
-€56,840▼ €296,577
lowest -€68,352 (2025)
-€68,352▼ €150,150
peak €130,100 (2024)
€61,748▼ 52.5%
€207,138▼ 17.0%
peak 1 FTE (2016)
-not published
Board2 names since 2021
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €239,737 to -€56,840Loss of €68,352Equity from €130,100 to €61,748Debts from €249,473 to €207,138Cash from €152,781 to €89,320
Key points
from the 2025 annual accountsResult
-€68,352 -€68,352
From profit to loss in 2025, after a profit of €81,798 in 2024.
Debts
€207,138 77% of the balance sheet
Suppliers 37%Taxes and wages 38%Other 25%
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,294 companies had the same profile as RADEPA has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
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.
| 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 1,294 companies, not a prediction for RADEPA. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0897407178
New sole director
appointed, resigned · “Waterbouwkundige werken.Omvat onder meer de eigenlijke zee- en stroomwerken zoals het bouwen en herstellen van…” (deed in Dutch) · Director discharge: (director (not named in the articles)) · Gazette deed
Registered office moved from Drongen to Deinze
New registered office: LEERNSESTEENWEG 282 A TE 9800 DEINZE · Previous registered office: Deinsesteenweg 107, 9031 Drongen · Gazette deed
Incorporation
published on 29-04-2008 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RADEPA Deinze | €268,887 | -€56,840 | 23.0% | - |
| ITTASK Destelbergen | €223,138 | -€108,655 | 72.3% | - |
| FixxHub Putte | €259,424 | -€1,238 | -224.7% | - |
| CAMERMAN ELECTRO Genk | €240,979 | -€16,839 | 62.1% | - |
| LITEC Niel | €293,896 | -€1,462 | -2.0% | - |
| WVT Heist-op-den-Berg | €239,211 | -€5,003 | 84.8% | - |
| BESA-AG Antwerp | €294,319 | -€59,455 | 20.6% | - |
These companies have the same main activity as RADEPA: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €223,000 and €294,000, founded between 2005 and 2009.
Official details
Source: KBO- Status
- Active since 21-04-2008Normal situation
- Activity
- General electrical installation workNACE 43211and 6 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2021
- Establishment unit
- 2.170.711.9269800 Deinze, since 21-04-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Insights on RADEPA
RADEPA files the micro format. That format states no turnover. The gross margin fell from €11,097 in 2009 to -€56,840 in 2025.
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 RADEPA
- What is the company number of RADEPA?
- The company number of RADEPA is 0897.407.178. The VAT number is the same number with BE in front: BE 0897.407.178.
- Where is RADEPA based?
- The registered office is at Leernsesteenweg 282, 9800 Deinze.Company details
- What does RADEPA do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of RADEPA?
- RADEPA is a private limited company (BV).
- When was RADEPA founded?
- RADEPA was founded on 21-04-2008.
- Is RADEPA still active?
- Yes, RADEPA is an active enterprise in the KBO register.
- How many employees does RADEPA have?
- RADEPA had an average of 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does RADEPA fall under?
- In its 2021 annual accounts, RADEPA states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of RADEPA?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is RADEPA profitable?
- In financial year 2025, RADEPA made a loss of €68,352.
- Where can I find the annual accounts of RADEPA?
- RADEPA filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RADEPA due?
- RADEPA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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