RADICOM SA
ActiveSummary
RADICOM SA has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.0m and a net result of -€29,914. Equity remains stable across the filed fiscal years (±2.1% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▼-10
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550,000 at 30 days acceptable
Liquidity ample (current ratio 3.58 against 3.91 in 2024; short-term debt: 14% and cash: 8.2% of total assets), and 15.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.9%
Return on assets
-0.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
19 d late
2023
27 d late
2022
3 d late
2021
22 d late
2020
11 d early
2019
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 16 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€29,914
2024 · €198,847
Working capital
€3.8m▼ 10.4%
2024 · €4.3m
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
Line20212022202320242025
Operating result-€62,555▲ 59.0%-€96,022▼ 53.5%-€70,533▲ 26.5%-€49,345▲ 30.0%-€342,222▼ 594%
Net result€346,323▲ 1,414%€246,775▼ 28.7%€172,526▼ 30.1%€198,847▲ 15.3%-€29,914
Equity€8.4m▲ 4.3%€8.7m▲ 2.9%€8.8m▲ 2.0%€9.0m▲ 2.2%€9.0m▼ 0.3%
Total assets€10.0m▼ 0.6%€10.4m▲ 3.7%€10.5m▲ 0.4%€10.6m▲ 1.7%€10.6m▼ 0.2%
Debt€1.5m▼ 21.3%€1.6m▲ 9.1%€1.5m▼ 7.8%€1.5m▼ 0.9%€1.5m▲ 1.3%
Working capital€5.9m▲ 2.3%€3.8m▼ 35.5%€4.1m▲ 6.2%€4.3m▲ 5.2%€3.8m▼ 10.4%
Why a figure moved sharply
- 2021 Net result +1,414% on 2020. The accounts now follow the micro schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €342,222 in 2025 against €49,345 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.6m
Fixed assets
€5.3m ▲ 8.3%
Current assets
€5.3m ▼ 7.4%
Equity and liabilities €10.6m
Equity
€9.0m ▼ 0.3%
Provisions
€117,331 ▼ 5.0%
Debt
€1.5m ▲ 1.3%
Debt's share of the balance-sheet total rises from 13.8% to 14.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€247,153▼
2024 · €47,160
Cash flow
€65,154▼
2024 · €295,352
Current ratio
3.58▼
2024 · 3.91
Debt to equity
0.16▲
2024 · 0.16
ROE
-0.3%▼
2024 · 2.2%
ROA
-0.3%▼
2024 · 1.9%
Interest coverage
-3.48▼
2024 · 0.82
Debt ≤ 1 year
€1.5m▲
2024 · €1.5m
Income taxes
€540▼
2024 · €19,455
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 823 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
2.9%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 823 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €78,905 | €84,446 | €88,654 | €96,506 | €95,068 | ▼ 1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €275,000 | - |
| Other operating charges640/8 | €6,768 | €6,934 | €8,215 | €12,098 | €15,546 | ▲ 28.5% |
| Gross operating margin9900 | €23,118 | -€4,642 | €26,336 | €59,258 | €43,393 | ▼ 26.8% |
| Operating profit (loss)9901 | -€62,555 | -€96,022 | -€70,533 | -€49,345 | -€342,222 | ▼ 594% |
| Financial income75/76B | €342,944 | €412,160 | €302,223 | €319,935 | €377,690 | ▲ 18.1% |
| Recurring financial income75 | €342,944 | €412,160 | €302,223 | €319,935 | €377,690 | ▲ 18.1% |
| Financial charges65/66B | -€122,750 | €59,966 | €63,599 | €57,660 | €71,070 | ▲ 23.3% |
| Recurring financial charges65 | -€122,750 | €59,966 | €63,599 | €57,660 | €71,070 | ▲ 23.3% |
| Non-recurring financial charges66B | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €403,139 | €256,172 | €168,091 | €212,930 | -€35,602 | ▼ 117% |
| Transfer from deferred taxes780 | €5,372 | €5,372 | €5,372 | €5,372 | €6,228 | ▲ 15.9% |
| Income taxes67/77 | €62,188 | €14,770 | €937 | €19,455 | €540 | ▼ 97.2% |
| Profit (loss) for the period9904 | €346,323 | €246,775 | €172,526 | €198,847 | -€29,914 | ▼ 115% |
| Transfer from tax-exempt reserves789 | €12,396 | €12,396 | €12,396 | €12,396 | €12,096 | ▼ 2.4% |
| Profit (loss) for the period to be appropriated9905 | €358,719 | €259,171 | €184,922 | €211,243 | -€17,819 | ▼ 108% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10.0m | €10.4m | €10.5m | €10.6m | €10.6m | ▼ 0.2% |
| Fixed assets21/28 | €2.6m | €5.0m | €4.9m | €4.9m | €5.3m | ▲ 8.3% |
| Tangible fixed assets22/27 | €2.4m | €2.5m | €2.4m | €2.4m | €2.3m | ▼ 4.0% |
| Land and buildings22 | €2.4m | €2.5m | €2.4m | €2.3m | €2.2m | ▼ 3.6% |
| Plant, machinery and equipment23 | - | - | - | €2,355 | €1,799 | ▼ 23.6% |
| Furniture and vehicles24 | €5,829 | €8,387 | €4,841 | €33,530 | €23,750 | ▼ 29.2% |
| Other tangible fixed assets26 | €2,112 | €2,112 | €2,112 | €2,112 | €2,112 | = |
| Financial fixed assets28 | €282,625 | €2.5m | €2.5m | €2.5m | €3.0m | ▲ 19.8% |
| Current assets29/58 | €7.4m | €5.4m | €5.5m | €5.7m | €5.3m | ▼ 7.4% |
| Amounts receivable after more than one year29 | €1.3m | €2.4m | €1.8m | €2.2m | €1.9m | ▼ 12.5% |
| Trade receivables290 | €5,000 | €0 | €20,000 | €20,000 | €20,000 | = |
| Other amounts receivable291 | €1.3m | €2.4m | €1.8m | €2.2m | €1.9m | ▼ 12.7% |
| Amounts receivable within one year40/41 | €691,071 | €114,829 | €67,546 | €108,186 | €154,201 | ▲ 42.5% |
| Trade receivables40 | €908 | €6,062 | €4,665 | €11,135 | €32,370 | ▲ 191% |
| Other amounts receivable41 | €690,164 | €108,767 | €62,881 | €97,051 | €121,830 | ▲ 25.5% |
| Current investments50/53 | €5.0m | €2.7m | €2.4m | €2.4m | €2.4m | ▼ 1.7% |
| Cash at bank and in hand54/58 | €394,507 | €143,128 | €1.3m | €1.0m | €866,464 | ▼ 15.1% |
| Deferred charges and accrued income490/1 | €66,909 | €52,017 | €3,920 | €3,108 | €3,794 | ▲ 22.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10.0m | €10.4m | €10.5m | €10.6m | €10.6m | ▼ 0.2% |
| Equity10/15 | €8.4m | €8.7m | €8.8m | €9.0m | €9.0m | ▼ 0.3% |
| Contributions10/11 | €6.9m | €6.9m | €6.9m | €6.9m | €6.9m | = |
| Capital10 | €6.9m | €6.9m | €6.9m | €6.9m | €6.9m | = |
| Issued capital100 | €6.9m | €6.9m | €6.9m | €6.9m | €6.9m | = |
| Revaluation surpluses12 | €145,188 | €145,188 | €145,188 | €145,188 | €145,188 | = |
| Reserves13 | €1.7m | €1.7m | €1.7m | €1.6m | €1.6m | ▼ 0.7% |
| Non-distributable reserves130/1 | €685,063 | €685,063 | €685,063 | €685,063 | €685,063 | = |
| Legal reserve130 | €685,063 | €685,063 | €685,063 | €685,063 | €685,063 | = |
| Tax-exempt reserves132 | €322,298 | €309,902 | €297,506 | €285,110 | €273,014 | ▼ 4.2% |
| Distributable reserves133 | €674,000 | €674,000 | €674,000 | €674,000 | €674,000 | = |
| Profit (loss) carried forward14 | -€251,465 | €7,706 | €192,523 | €403,766 | €386,577 | ▼ 4.3% |
| Provisions and deferred taxes16 | €139,676 | €134,303 | €128,931 | €123,559 | €117,331 | ▼ 5.0% |
| Deferred taxes168 | €139,676 | €134,303 | €128,931 | €123,559 | €117,331 | ▼ 5.0% |
| Amounts payable17/49 | €1.5m | €1.6m | €1.5m | €1.5m | €1.5m | ▲ 1.3% |
| Amounts payable within one year42/48 | €1.5m | €1.6m | €1.5m | €1.5m | €1.5m | ▲ 1.3% |
| Trade debts44 | €6,668 | €17,553 | €15,829 | €17,298 | €30,078 | ▲ 73.9% |
| Suppliers440/4 | €6,668 | €17,553 | €15,829 | €17,298 | €30,078 | ▲ 73.9% |
| Taxes, remuneration and social security45 | - | - | - | - | €4,681 | - |
| Taxes450/3 | - | - | - | - | €4,681 | - |
| Other amounts payable47/48 | €1.5m | €1.6m | €1.5m | €1.5m | €1.5m | ▲ 0.1% |
| Accrued charges and deferred income492/3 | €171 | €226 | €191 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €346,323 | €246,775 | €172,526 | €198,847 | -€29,914 | ▼ 115% |
| + Depreciation and write-downs630 | €78,905 | €84,446 | €88,654 | €96,506 | €95,068 | ▼ 1.5% |
| Operating cash flow (approximation) | €425,228 | €331,220 | €261,180 | €295,352 | €65,154 | ▼ 77.9% |
| Investment in fixed assets (approximation) | - | -€2.4m | -€18,215 | -€78,423 | -€502,412 | ▼ 541% |
| Change in cash | - | -€251,379 | €1.1m | -€245,402 | -€154,623 | ▲ 37.0% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
30-03
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Meeting date, 20/03/2025
- Registered-office move, Rue de France 3, 4800 Verviers
2025
31-12
Financial
Weakest financial yearnet -€29,914
Net result drops to -€29,914, the lowest in the series.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Highest result since 2018net €346,323 ▲1,414%
Net result €346,323, the highest in the series.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 24 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Verviers · 1 establishment unit since 1991
Ground area
1.1 ha
Building footprint
522 m²
Volume, LiDAR
4,799 m³
2 parcels, Wallonia · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Chemin du Couloury 11, 4800 Verviers
since 19912.051.539.013
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63043A0106/00C000 | Wallonia | 1.1 ha | 1 · 406 m² | 12.4 m · 3 fl. |
| 63079D0355/00H003 | Wallonia | 437 m² | 1 · 116 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 2
-
10%
-
10%
According to the 2023 annual accounts of RADICOM SA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
967600GFX8QUZFVKWY35
Identification & contact
Identification
Legal formPublic limited company
Founded23-01-1991
Fiscal year end31-12
Activities, NACEBEL 2025
46851Wholesale of industrial chemicals
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0442843503
Registered
29-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.