Radi
Open bankruptcyA bankruptcy procedure is open for Radi according to publications in the Belgian State Gazette; curator: PATRICK SCHRUERS. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €7k and a net result of €4k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-09-2023, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
61 d late
2021
199 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2022, micro schema
Equity
€7k▲ 113%
2021 · €3k
2021: €3k
2021 → 2022
Total assets
€46k▲ 948%
2021 · €4k
2021: €4k
2021 → 2022
Net result
€4k
2021 · €-2k
2021: €-2k
2021 → 2022
Working capital
€-4k
2021 · €3k
2021: €3k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€3k-€7k▲ 113%
Operating result€-2k-€5k
Net result€-2k-€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €5k after a loss of €2k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €46k
Fixed assets
€11k
Current assets
€34k
Equity and liabilities €46k
Equity
€7k▲ 113%
Debt
€39k▲ 3,452%
The debt ratio rises from 25.0% to 84.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▲
2021 · €-1k
Cash flow
€5k▲
2021 · €-2k
Solvency
15.2%
Current ratio
0.90
Quick ratio
0.90
Debt / equity
5.56
ROE
53.0%
ROA
8.1%
Interest coverage
971.83▲
2021 · -13.06
Debt
€39k▲
2021 · €1k
Debt ≤ 1 year
€38k▲
2021 · €667
Income taxes
€1k
Staff costs
€37k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€4k€46k▲
Formation expenses20€883-
Fixed assets21/28-€11k
Intangible fixed assets21-€667
Tangible fixed assets22/27-€11k
Furniture and vehicles24-€11k
Current assets29/58€3k€34k▲
Amounts receivable within one year40/41€3k€23k▲
Trade receivables40-€13k
Other amounts receivable41€3k€10k▲
Current investments50/53-€10k
Cash at bank and in hand54/58€919-
Deferred charges and accrued income490/1-€635
Equity and liabilities
Total equity and liabilities10/49€4k€46k▲
Equity10/15€3k€7k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-2k€2k▲
Amounts payable17/49€1k€39k▲
Amounts payable within one year42/48€667€38k▲
Trade debts44€667€23k▲
Suppliers440/4€667€23k▲
Taxes, remuneration and social security45-€15k
Taxes450/3-€1k
Remuneration and social security454/9-€14k
Accrued charges and deferred income492/3€423€607▲
Income statement
Code20212022
Goods, raw materials, services and sundry goods60/61€1k-
Remuneration, social security and pensions62-€37k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€198€1k▲
Other operating charges640/8-€430
Gross operating margin9900€-1k€43k▲
Operating profit (loss)9901€-2k€5k▲
Financial charges65/66B€109€6▼
Recurring financial charges65€109€6▼
Profit (loss) for the period before taxes9903€-2k€5k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€-2k€4k▲
Profit (loss) for the period to be appropriated9905€-2k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€2k▲
Profit (loss) brought forward from the previous period14P-€-2k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-11
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · RADI BV VRIJHEIDSLAAN 175, 1080 SINT-JANS-MOLENBEEK · event 13-11-2025
29-08
KBO administration
Address struck
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
15-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 199 days late
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
491 m²
Building footprint
380 m²
Volume, LiDAR
2,976 m³
2 parcels, Brussels, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Radi
since 20212.314.145.628
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0069/02A005 | Brussels | 310 m² | 1 · 243 m² | 10.9 m · 2 fl. |
| 11383B0575/00K005 | Flanders | 182 m² | 1 · 137 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICK SCHRUERS LUCHTHAVENLAAN 27 BUS 38,
1800 VILVOORDE |
13-11-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.