Equity
-€57,975
Debts exceed assets in financial year 2025.
RADICES
Lifetime
4 annual accounts with figures on one time axispeak -€699 (2023)
-€9,827▼ €1,306
lowest -€34,893 (2025)
-€34,893▼ €20,645
peak -€1,539 (2022)
-€57,975▼ €34,893
€938,902▲ 60.5%
Board1 name since 2022
1 director
Documentsfilings and deeds
14-06-202647 days before the deadline
2025micro format
Gross margin from -€8,521 to -€9,827Loss of €34,893Equity from -€23,082 to -€57,975Debts from €584,879 to €938,902Investments €326,169
Key points
from the 2025 annual accountsLosses
-€60,975 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€938,902 107% of the balance sheet
Financial debts 44%Suppliers 0%Other 56%
Of this, €619,781 falls due within a year.
Investments
€326,169 25.6 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 1290.8% higher than in 2024.
Filings
4 annual accounts 1 late
The 2023 accounts came 20 days late. The other three were filed on time.
Position in the sector
-€57,975
Less equity than 90% of companies in real estate. Sector median €86,468 · 19,833 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,167 companies had the same profile as RADICES has now. Each dot stands for 3 companies, two years later.
94.9%
were still trading
2.8%
stopped another way
2.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 1,167 companies, not a prediction for RADICES. 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Incorporation
Founding capital of €3,000, 10,000 shares · Founder: · 10,000 shares · published on 29-04-2021 · Gazette deed
First establishment
Leopoldlaan 39, Knokke-Heist
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RADICES Knokke-Heist | €0.9m | -€9,827 | -6.6% | - |
| Hexia Acres Wevelgem | €0.9m | -€5,088 | 3.9% | 0 |
| PALCO Ostend | €1.1m | -€54,965 | -31.6% | - |
| URBAN HERITAGE Menen | €1.1m | -€26,865 | 6.8% | - |
| Atelier M Construct Nieuwpoort | €1.0m | -€2,446 | 7.3% | - |
| S&F Immo Ravels | €0.9m | -€2,663 | -6.6% | 0 |
| LIFO Lasne | €0.9m | -€282 | -8.0% | - |
These companies have the same main activity as RADICES: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €865,000 and €1.1m, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 27-04-2021Normal situation
- Activity
- Buying and selling of own real estateNACE 68110
- Establishment unit
- 2.317.414.2318300 Knokke-Heist, since 27-04-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- €880,927▲ 56.8%
- Filing
- Filed on 14-06-2026, 47 days before the end of the filing period
Insights on RADICES
RADICES files the micro format. That format states no turnover. The gross margin fell from -€3,734 in 2022 to -€9,827 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 RADICES
- What is the company number of RADICES?
- The company number of RADICES is 0767.529.128. The VAT number is the same number with BE in front: BE 0767.529.128.
- Where is RADICES based?
- The registered office is at Leopoldlaan 39, 8300 Knokke-Heist.Company details
- What does RADICES do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of RADICES?
- RADICES is a private limited company (BV).
- When was RADICES founded?
- RADICES was founded on 27-04-2021.
- Is RADICES still active?
- Yes, RADICES is an active enterprise in the KBO register.
- What is the turnover of RADICES?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is RADICES profitable?
- In financial year 2025, RADICES made a loss of €34,893.
- Where can I find the annual accounts of RADICES?
- RADICES filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RADICES due?
- RADICES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.