RADIONOMY
ActiveSummary
RADIONOMY has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€18.7m) and a net result of -€3.4m. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 1101 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability67▲+21
Solvency0=
Growth55▼-30
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.31 against 3.98 in 2023; short-term debt: 39.4% and cash: 0.7% of total assets), but equity is negative.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-174.6%
Return on assets
-31.4%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€18.7m
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2026, 396 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
396 d late
2023
212 d late
2022
423 d late
2021
13 d early
2020
32 d early
2019
13 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 167 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€2.9m▲ 10.9%
2023 · €2.6m
EBIT margin
15.7%▼ 5.8pp
2023 · 21.5%
Net result
-€3.4m▼ 338%
2023 · -€770,347
Working capital
€5.6m▲ 20.5%
2023 · €4.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€2.2m▲ 186%€3.3m▲ 50.5%€3.4m▲ 1.8%€2.6m▼ 23.6%€2.9m▲ 10.9%
Operating result€774,975€2.4m▲ 212%€2.2m▼ 9.4%€559,716▼ 74.4%€452,513▼ 19.2%
Net result€566,661above the sector's middle half€2.2mabove the sector's middle half▲ 292%€1.9mabove the sector's middle half▼ 15.2%-€770,347below the sector's middle half-€3.4mbelow the sector's middle half▼ 338%
EBIT margin34.9%▲ 205.5pp72.3%▲ 37.4pp64.4%▼ 7.9pp21.5%▼ 42.8pp15.7%▼ 5.8pp
Equity-€18.7mbelow the sector's middle half▲ 2.9%-€16.5mbelow the sector's middle half▲ 11.9%-€14.6mbelow the sector's middle half▲ 11.4%-€15.4mbelow the sector's middle half▼ 5.3%-€18.7mbelow the sector's middle half▼ 22.0%
Total assets€10.0mabove the sector's middle half▲ 32.0%€11.9mabove the sector's middle half▲ 18.6%€10.4mabove the sector's middle half▼ 12.7%€11.5mabove the sector's middle half▲ 10.4%€10.7mabove the sector's middle half▼ 6.3%
Debt€28.7m▲ 6.9%€28.4m▼ 1.2%€25.0m▼ 12.0%€26.8m▲ 7.2%€29.5m▲ 10.0%
Working capital-€9.7mbelow the sector's middle half▼ 48.2%-€7.8mbelow the sector's middle half▲ 19.4%€4.2mabove the sector's middle half€4.6mabove the sector's middle half▲ 9.8%€5.6mabove the sector's middle half▲ 20.5%
Solvency-186.5%below the sector's middle half▲ 67.2pp-138.6%below the sector's middle half▲ 48.0pp-140.6%below the sector's middle half▼ 2.0pp-134.1%below the sector's middle half▲ 6.5pp-174.6%below the sector's middle half▼ 40.4pp
Current ratio0.31below the sector's middle half▼ 0.150.43below the sector's middle half▲ 0.125.62above the sector's middle half▲ 5.193.98above the sector's middle half▼ 1.642.31within the sector's middle half▼ 1.67
Return on assets (ROA)5.7%within the sector's middle half▲ 24.6pp18.7%above the sector's middle half▲ 13.0pp18.1%above the sector's middle half▼ 0.5pp-6.7%below the sector's middle half▼ 24.9pp-31.4%below the sector's middle half▼ 24.7pp
Staff (FTE)18.1above the sector's middle half▼ 25.2%17.3within the sector's middle half▼ 4.4%13.6within the sector's middle half▼ 21.4%11.6within the sector's middle half▼ 14.7%4.3within the sector's middle half▼ 62.9%
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 19% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10.7m
Fixed assets
€956,925 ▼ 81.9%
Current assets
€9.8m ▲ 58.9%
Key figures and ratios
EBITDA
€1.2m▼
2023 · €1.4m
Cash flow
-€2.7m▼
2023 · €57,429
Debt to equity
-1.57▲
2023 · -1.74
Interest coverage
11.31▲
2023 · 1.05
Debt ≤ 1 year
€4.2m▲
2023 · €1.5m
Debt > 1 year
€25.2m=
2023 · €25.2m
Income taxes
€100,622
Staff costs
€757,953▼
2023 · €1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.8%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 6,906 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €6.0m | €5.6m | €4.1m | €3.0m | ▼ 27.2% |
| Turnover70 | €2.2m | €3.3m | €3.4m | €2.6m | €2.9m | ▲ 10.9% |
| Own construction capitalised72 | - | €1.0m | €1.1m | €1.4m | - | - |
| Other operating income74 | - | €1.7m | €1.2m | €104,399 | €63,161 | ▼ 39.5% |
| Non-recurring operating income76A | - | - | - | €46,159 | €43,838 | ▼ 5.0% |
| Operating charges60/66A | - | €3.6m | €3.4m | €3.5m | €2.5m | ▼ 28.4% |
| Goods for resale, raw materials and consumables60 | - | €93,152 | - | - | - | - |
| Purchases600/8 | - | €93,152 | - | - | - | - |
| Services and other goods61 | - | €896,588 | €356,966 | €930,099 | €952,158 | ▲ 2.4% |
| Remuneration, social security and pensions62 | - | €1.4m | €1.7m | €1.6m | €757,953 | ▼ 52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €889,846 | €719,390 | €741,166 | €827,776 | €722,533 | ▼ 12.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €80,964 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €36,136 | -€16,978 | ▼ 147% |
| Other operating charges640/8 | - | €480,040 | €550,294 | €79,776 | €2,267 | ▼ 97.2% |
| Non-recurring operating charges66A | - | €600 | €141,725 | - | €117,329 | - |
| Operating profit (loss)9901 | €774,975 | €2.4m | €2.2m | €559,716 | €452,513 | ▼ 19.2% |
| Financial income75/76B | - | €2,408 | €2,219 | €10,380 | €12,282 | ▲ 18.3% |
| Recurring financial income75 | €2,678 | €2,408 | €2,219 | €10,380 | €12,282 | ▲ 18.3% |
| Income from financial fixed assets750 | - | - | €1,739 | €1,973 | - | - |
| Other financial income752/9 | - | €2,408 | €480 | €8,408 | €12,282 | ▲ 46.1% |
| Financial charges65/66B | - | €198,884 | €307,835 | €1.3m | €3.7m | ▲ 179% |
| Recurring financial charges65 | €210,992 | €198,884 | €307,835 | €1.3m | €120,073 | ▼ 91.0% |
| Debt charges650 | - | - | €77,177 | €1.3m | €103,876 | ▼ 92.1% |
| Other financial charges652/9 | - | €198,884 | €230,658 | €19,425 | €16,197 | ▼ 16.6% |
| Non-recurring financial charges66B | - | - | - | - | €3.6m | - |
| Profit (loss) for the period before taxes9903 | €566,661 | €2.2m | €1.9m | -€770,347 | -€3.3m | ▼ 325% |
| Income taxes67/77 | - | -€2,250 | - | - | €100,622 | - |
| Taxes670/3 | - | - | - | - | €100,622 | - |
| Tax adjustments and reversals of tax provisions77 | - | €2,250 | - | - | - | - |
| Profit (loss) for the period9904 | €566,661 | €2.2m | €1.9m | -€770,347 | -€3.4m | ▼ 338% |
| Profit (loss) for the period to be appropriated9905 | €566,661 | €2.2m | €1.9m | -€770,347 | -€3.4m | ▼ 338% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10.0m | €11.9m | €10.4m | €11.5m | €10.7m | ▼ 6.3% |
| Formation expenses20 | €0 | - | - | - | €0 | - |
| Fixed assets21/28 | €5.6m | €5.9m | €5.3m | €5.3m | €956,925 | ▼ 81.9% |
| Intangible fixed assets21 | €1.7m | €2.1m | €1.6m | €1.7m | €956,875 | ▼ 43.0% |
| Tangible fixed assets22/27 | €240,158 | €203,553 | €6,515 | €1,424 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €95,296 | €6,515 | €1,424 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | €108,257 | €0 | - | - | - |
| Financial fixed assets28 | €3.6m | €3.6m | €3.6m | €3.6m | €50 | ▼ 100.0% |
| Affiliated companies280/1 | - | €3.6m | €3.6m | €3.6m | - | - |
| Participating interests280 | - | €3,837 | €3.6m | €3.6m | - | - |
| Amounts receivable281 | - | €3.6m | - | - | - | - |
| Other financial fixed assets284/8 | - | €50 | €50 | €50 | €50 | = |
| Amounts receivable and cash guarantees285/8 | - | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €4.4m | €6.0m | €5.1m | €6.2m | €9.8m | ▲ 58.9% |
| Amounts receivable within one year40/41 | €4.4m | €5.9m | €4.9m | €6.1m | €9.7m | ▲ 58.1% |
| Trade receivables40 | - | €5.8m | €4.7m | €5.9m | €9.5m | ▲ 59.8% |
| Other amounts receivable41 | - | €60,630 | €137,354 | €201,601 | €218,434 | ▲ 8.3% |
| Cash at bank and in hand54/58 | €19,268 | €24,767 | €255,821 | €8,814 | €76,364 | ▲ 766% |
| Deferred charges and accrued income490/1 | - | €28,411 | - | €13,417 | €8,669 | ▼ 35.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10.0m | €11.9m | €10.4m | €11.5m | €10.7m | ▼ 6.3% |
| Equity10/15 | -€18.7m | -€16.5m | -€14.6m | -€15.4m | -€18.7m | ▼ 22.0% |
| Contributions10/11 | €3.2m | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Capital10 | - | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Issued capital100 | - | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Profit (loss) carried forward14 | -€21.9m | -€19.7m | -€17.8m | -€18.6m | -€22.0m | ▼ 18.2% |
| Provisions and deferred taxes16 | - | - | - | €36,136 | €19,159 | ▼ 47.0% |
| Provisions for liabilities and charges160/5 | - | - | - | €36,136 | €19,159 | ▼ 47.0% |
| Other liabilities and charges164/5 | - | - | - | €36,136 | €19,159 | ▼ 47.0% |
| Amounts payable17/49 | €28.7m | €28.4m | €25.0m | €26.8m | €29.5m | ▲ 10.0% |
| Amounts payable after more than one year17 | €14.5m | €14.5m | €24.1m | €25.2m | €25.2m | = |
| Financial debts170/4 | - | - | €24.1m | €25.2m | €25.2m | = |
| Other loans174 | - | - | €24.1m | €25.2m | €25.2m | = |
| Other amounts payable178/9 | - | €14.5m | - | - | - | - |
| Amounts payable within one year42/48 | €14.2m | €13.8m | €909,067 | €1.5m | €4.2m | ▲ 173% |
| Financial debts43 | - | - | - | €22,127 | - | - |
| Credit institutions430/8 | - | - | - | €22,127 | - | - |
| Trade debts44 | €3.3m | €3.2m | €511,509 | €610,379 | €1.9m | ▲ 203% |
| Suppliers440/4 | - | €3.2m | €511,509 | €610,379 | €1.9m | ▲ 203% |
| Taxes, remuneration and social security45 | - | €340,367 | €397,558 | €880,977 | €601,954 | ▼ 31.7% |
| Taxes450/3 | - | €84,739 | €142,975 | €325,240 | €133,614 | ▼ 58.9% |
| Remuneration and social security454/9 | - | €255,628 | €254,583 | €555,736 | €468,340 | ▼ 15.7% |
| Other amounts payable47/48 | - | €10.3m | - | €32,358 | €1.8m | ▲ 5,383% |
| Accrued charges and deferred income492/3 | - | €24,921 | €19,342 | €26,057 | €21,360 | ▼ 18.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €566,661 | €2.2m | €1.9m | -€770,347 | -€3.4m | ▼ 338% |
| + Depreciation and write-downs630 | €889,846 | €719,390 | €741,166 | €827,776 | €722,533 | ▼ 12.7% |
| Operating cash flow (approximation) | €1.5m | €2.9m | €2.6m | €57,429 | -€2.7m | ▼ 4,723% |
| Investment in fixed assets (approximation) | - | -€1.0m | -€84,467 | -€853,666 | €3.6m | ▲ 524% |
| Change in cash | - | €5,499 | €231,054 | -€247,008 | €67,550 | ▲ 127% |
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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 396 days late
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 212 days late
2024
31-12
Financial
Weakest financial yearnet -€3.4m
Net result drops to -€3.4m, the lowest in the series.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 423 days late
2022
31-12
Financial
Liquidity times 13current ratio 5.62
Current ratio from 0.43 to 5.62; short-term debt falls from €13.8m to €909,067.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €2.2m ▲292%
Operating result €2.4m, net result €2.2m, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €566,661
Net result €566,661 after 2 loss-making years.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 13 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 361 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts
We know of 19 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
19 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, Oudergem · 1 establishment unit since 2007
Ground area
6.1 ha
Building footprint
3,215 m²
Volume, LiDAR
41,365 m³
2 parcels, Brussels · tallest building 30.4 m, ±9 floors. Linked by address, not a title deed.
170
companies at this address
See who is registered here
1 establishment unit
RADIONOMY
since 20072.220.446.202
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0093/00K000 | Brussels | 5.7 ha | 1 · 2,064 m² | 12.8 m · 2 fl. |
| 21332B0081/00H002 | Brussels | 3,929 m² | 1 · 1,150 m² | 30.4 m · 9 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
1 ownerOwners 1
- Radionomy Group BV S. Etr.NLparentSourceown accounts 2024100%
Holdings 0
The accounts to 31-12-2024 list no holdings, and no other source names one.
According to the 2024 annual accounts of RADIONOMY 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.
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Of 9,863 companies in sector 73110 we hold annual accounts for 3,758. 2,571 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded25-09-2007
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0892300624
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.
General meetings
1 convocationOrdinary general meeting