Radical Hands Construct
ActiveSummary
Radical Hands Construct has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €56k and a net result of €30k. Equity is growing by ~64.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 3540 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+2
Solvency100=
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 5.98 against 6.42 in 2023; short-term debt: 16.7% and cash: 100% of total assets), and 16.7% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-07-2025, 25 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
25 d early
2023
26 d late
2022
19 d early
2021
26 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€56k▲ 118%
2023 · €26k
Total assets
€67k▲ 121%
2023 · €30k
Net result
€30k▲ 313%
2023 · €7k
Working capital
€56k▲ 118%
2023 · €26k
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
Line2021202220232024
Operating result€10k-€9k▼ 7.4%€9k▲ 3.5%€32k▲ 251%
Net result€9k-€7k▼ 28.0%€7k▲ 7.0%€30k▲ 313%
Equity€11k-€18k▲ 59.5%€26k▲ 39.9%€56k▲ 118%
Total assets€15k-€27k▲ 76.4%€30k▲ 14.3%€67k▲ 121%
Debt€4k-€8k▲ 131%€5k▼ 42.7%€11k▲ 137%
Working capital€11k-€18k▲ 59.5%€26k▲ 39.9%€56k▲ 118%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 251% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €67k
Equity
€56k ▲ 118%
Debt
€11k ▲ 137%
Debt's share of the balance-sheet total rises from 15.6% to 16.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
5.98▼
2023 · 6.42
Debt to equity
0.20▲
2023 · 0.18
ROE
54.1%▲
2023 · 28.5%
ROA
45.1%▲
2023 · 24.1%
Debt ≤ 1 year
€11k▲
2023 · €5k
Income taxes
€2k▲
2023 · €2k
Staff costs
€2k▼
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €2k | €2k | ▼ 5.5% |
| Other operating charges640/8 | €348 | €441 | €579 | €439 | ▼ 24.3% |
| Gross operating margin9900 | €10k | €9k | €12k | €35k | ▲ 191% |
| Operating profit (loss)9901 | €10k | €9k | €9k | €32k | ▲ 251% |
| Financial charges65/66B | €98 | €145 | €126 | €123 | ▼ 2.0% |
| Recurring financial charges65 | €98 | €145 | €126 | €123 | ▼ 2.0% |
| Profit (loss) for the period before taxes9903 | €9k | €9k | €9k | €32k | ▲ 254% |
| Income taxes67/77 | - | €2k | €2k | €2k | ▲ 7.1% |
| Profit (loss) for the period9904 | €9k | €7k | €7k | €30k | ▲ 313% |
| Profit (loss) for the period to be appropriated9905 | €9k | €7k | €7k | €30k | ▲ 313% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €15k | €27k | €30k | €67k | ▲ 121% |
| Current assets29/58 | €15k | €27k | €30k | €67k | ▲ 121% |
| Amounts receivable within one year40/41 | €3k | €763 | €132 | - | - |
| Trade receivables40 | €3k | €763 | €132 | - | - |
| Cash at bank and in hand54/58 | €12k | €26k | €30k | €67k | ▲ 122% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €15k | €27k | €30k | €67k | ▲ 121% |
| Equity10/15 | €11k | €18k | €26k | €56k | ▲ 118% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Capital10 | €2k | €2k | €2k | €2k | = |
| Issued capital100 | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €9k | €16k | €24k | €54k | ▲ 128% |
| Amounts payable17/49 | €4k | €8k | €5k | €11k | ▲ 137% |
| Amounts payable within one year42/48 | €4k | €8k | €5k | €11k | ▲ 137% |
| Trade debts44 | €1k | €2k | €1k | €1k | ▲ 2.0% |
| Suppliers440/4 | €1k | €2k | €1k | €1k | ▲ 2.0% |
| Taxes, remuneration and social security45 | €2k | €3k | €3k | €5k | ▲ 37.5% |
| Taxes450/3 | €2k | €3k | €3k | €5k | ▲ 37.5% |
| Other amounts payable47/48 | - | €3k | - | €5k | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €7k | €7k | €30k | ▲ 313% |
| Operating cash flow (approximation) | €9k | €7k | €7k | €30k | ▲ 313% |
| Change in cash | - | €13k | €4k | €37k | ▲ 733% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €30k ▲313%
Operating result €32k, net result €30k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €7k ▼28%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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
Registered office, Beersel · 1 establishment unit since 2020
Ground area
378 m²
Building footprint
127 m²
Volume, LiDAR
821 m³
Parcel 23001B0259/00N000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Radical Hands Construct
since 20202.308.951.277
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23001B0259/00N000 | Flanders | 378 m² | 1 · 127 m² | 9.4 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.
Similar companies · same sector, comparable size
CARROSSERIE ANTONIO
BE 0449.427.526
Oudenaarde · Eq €55,882
CARROSSERIE MALFAIT
BE 0473.706.329
Gent · Eq €55,633
ACC 2
BE 0404.943.326
Kapellen · Eq €55,175
Car Care Kurt
BE 0795.550.844
Wevelgem · Eq €56,747
Carrosserie de la Famenne
BE 0722.700.577
Marche-en-Famenne · Eq €57,009
Of 1,876 companies in sector 95314 we hold annual accounts for 847. 642 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
95314Bodywork repair (including spraying and painting)
68122Development of non-residential building projects
43350Other building finishing work
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
Scores and ratios are computed by Checked and are not a credit decision.