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Radiation Based Crosslink

Active
Private limited companyfounded 2022active for 4 yearsKarreweg(KRU) 141, 9770 Kruisem, BelgiumKBO/BCE: BE 0791.464.867
Summary

The computed 12-month bankruptcy probability of Radiation Based Crosslink is 2.0% (moderate). The annual accounts of Radiation Based Crosslink for financial year 2025 show a net loss of 81% of the equity at the start of that year. The 2025 annual accounts show equity of €31,221 and a net result of -€136,764. Equity is shrinking by about 36% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 13% of 9,701 sector peers (NACE 46, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale of industrial chemicals
NACE 46851Manufacture of chemicals and chemical products NACE 20300
1 site
Size
€1.5mtotal assets 2025
Staff
5.5 FTE
Equity
€31,221
Loss
-€136,764
Turnover not published (abbreviated format)
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Structure
Parent
ETIVOET · 100%
  • Frederik Voet Consulting BVDirector
  • JDQ Consultancy BVDirector
Accounts 2 days early4 of 5 deeds read
Why 51raises riskEquity €31,221 (2.1% of total assets)Loss of €136,764 (financial year 2025)Liquidity: current ratio 0.89, cash €87,447, halvedlowers riskFigures for financial year 2025 (filed 29-07-2026)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 13% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Weak
Solvency 27-9
equity 2.1% of total assets
Liquidity 14-10
short-term debt 80.0% · cash 5.9%
Profitability 7-76
return on assets -9.2%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,876 companies, NACE 46, micro)
Last 24 months 11-2024: 2.7% 12-2024: 2.7%● unchanged vs 11-2024 01-2025: 2.6%▼ -0.1 percentage points vs 12-2024 02-2025: 2.6%● unchanged vs 01-2025 03-2025: 2.6%● unchanged vs 02-2025 04-2025: 3.1%▲ +0.5 percentage points vs 03-2025 05-2025: 3.7%▲ +0.6 percentage points vs 04-2025 06-2025: 4.0%▲ +0.3 percentage points vs 05-2025 07-2025: 4.4%▲ +0.4 percentage points vs 06-2025highest value 08-2025: 1.8%▼ -2.6 percentage points vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026lowest value 04-2026: 2.2%▲ +0.4 percentage points vs 03-2026 05-2026: 2.7%▲ +0.5 percentage points vs 04-2026 06-2026: 2.8%▲ +0.1 percentage points vs 05-2026 07-2026: 3.1%▲ +0.3 percentage points vs 06-2026 08-2026: 3.6%▲ +0.5 percentage points vs 07-2026 09-2026: 3.5%▼ -0.1 percentage points vs 08-2026 10-2026: 2.0%▼ -1.5 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.89, compared with 1.12 in 2024, below 1; short-term debt: 80% and cash: 5.9% of total assets), and 97.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 18% on solvency, 14% on liquidity, 15% on profitability and 6% on growth.

The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €31,221 (2.1% of total assets)
NBB · annual accounts
raises risk · Loss of €136,764 (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 29-07-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.89, cash €87,447, halved
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9701 sector peers (2025).
NBB · sector comparison
Position among 9701 sector peers
Solvency
better than 13%
← weakest strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
2 days early
2024
16 days early
2023
41 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 20 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€136,764
  3. Resignation: VOF GEROCE (director)Permanent representative: Frederik Voet

Key points

  • Caution: From profit to loss in 2025after €178,778 in 2024 -€136,764 View
  • Caution: Among the weakest 6% on net resultsector median €27,137 · 9,680 companies -€136,764 View
  • Controlled by ETIVOET 100% View
  • A director leftlatest change 26-11-2025 · 2 in office 1 left View

By topic

Financials

Financial year
2025
Total assets
€1.5m
Loss
-€136,764
Solvency
2.1%
Total assets▼ 3.6%
Net result
20232025
Go to Financials

Board & ownership

Board
2 members
Parent
ETIVOET · 100%
  • Frederik Voet Consulting BVDirector
  • JDQ Consultancy BVDirector
Go to Board & ownership

Timeline

Events
10
Since
2024
Next accounts
by 31-07-2027
  1. 15-07-2025Annual accounts filed
  2. 10-02-2025Appointment: VOF GEROCE (director)
  3. 31-12-2024Highest result from 2023 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of industrial chemicalsNACE 46851
Founded
27-09-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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