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
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)
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.
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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.
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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)
43350Other building finishing work
47820Retail sale of motor vehicle parts and accessories
68122Development of non-residential building projects
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Scores and ratios are computed by Checked and are not a credit decision.