RADISSON LOYALTY MANAGEMENT
ActiveSummary
The available accounts are not entirely expressed in euros. Calculating a bankruptcy probability requires a reliable currency conversion. The 2025 annual accounts show equity of USD 8.52M and a net result of USD 3.95M. Equity is growing by ~49.4% per year across the filed fiscal years. Its solvency ranks better than 12% of 3187 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+4
Solvency31▲+2
Growth85▲+19
Track record94
Credit verdict
No euro credit limit; credit only on tighter terms
Liquidity ample (current ratio 9.74 against 46.64 in 2024; short-term debt: 10.3% and cash: 0% of total assets), but 94% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 3187 sector peers (2025).
NBB · sector comparisonPosition among 3187 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
30 d early
2024
20 d early
2023
36 d early
2022
40 d early
2021
45 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Amounts retain their source currency, without conversion. Different currencies are not compared or combined in one chart; mixed amounts within a fiscal year are withheld.
Turnover
USD 33.76M▲ 35.0%
2024 · USD 25.00M
2022: USD 17.92M
2023: USD 24.84M
2024: USD 25.00M
2022 → 2025
EBIT margin
-11.4%▼ 21.0pp
2024 · 9.5%
2022: 2.5%
2023: 1.6%
2024: 9.5%
2022 → 2025
Net result
USD 3.95M▲ 292%
2024 · USD 1.01M
2022: USD 2.26M
2023: USD 1.13M
2024: USD 1.01M
2022 → 2025
Working capital
USD 127.37M▲ 27.6%
2024 · USD 99.84M
2022: USD 59.38M
2023: USD 78.37M
2024: USD 99.84M
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
TurnoverUSD 17.92M-USD 24.84M▲ 38.6%USD 25.00M▲ 0.7%USD 33.76M▲ 35.0%
EquityUSD 2.43M-USD 3.56M▲ 46.8%USD 4.57M▲ 28.3%USD 8.52M▲ 86.5%
Operating resultUSD 441k-USD 406k▼ 8.1%USD 2.38M▲ 487%USD -3.86M
Net resultUSD 2.26M-USD 1.13M▼ 49.7%USD 1.01M▼ 11.2%USD 3.95M▲ 292%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of USD 3.86M after USD 2.38M in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities USD 141.95M
Equity
USD 8.52M ▲ 86.5%
Debt
USD 133.42M ▲ 36.9%
Debt's share of the balance-sheet total falls from 95.5% to 94.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
9.74▼
2024 · 46.64
Debt to equity
15.65▼
2024 · 21.33
ROE
46.4%▲
2024 · 22.1%
ROA
2.8%▲
2024 · 1.0%
Debt ≤ 1 year
USD 14.58M▲
2024 · USD 2.19M
Income taxes
USD 1.41M▲
2024 · USD 366k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58USD 102.03MUSD 141.95M▲
Current assets29/58USD 102.03MUSD 141.95M▲
Amounts receivable after more than one year29USD 86.03MUSD 90.07M▲
Other amounts receivable291USD 86.03MUSD 90.07M▲
Stocks and contracts in progress3USD 0USD 0=
Amounts receivable within one year40/41USD 14.70MUSD 51.88M▲
Trade receivables40USD 4.08MUSD 5.48M▲
Other amounts receivable41USD 10.62MUSD 46.40M▲
Cash at bank and in hand54/58USD 0USD 0▼
Deferred charges and accrued income490/1USD 1.30MUSD 0▼
Equity and liabilities
Total equity and liabilities10/49USD 102.03MUSD 141.95M▲
Equity10/15USD 4.57MUSD 8.52M▲
Contributions10/11USD 30kUSD 30k=
Reserves13USD 790kUSD 790k=
Tax-exempt reserves132USD 790kUSD 790k=
Profit (loss) carried forward14USD 3.75MUSD 7.70M▲
Amounts payable17/49USD 97.46MUSD 133.42M▲
Amounts payable within one year42/48USD 2.19MUSD 14.58M▲
Trade debts44USD 894kUSD 14.10M▲
Suppliers440/4USD 894kUSD 14.10M▲
Taxes, remuneration and social security45USD 1.29MUSD 482k▼
Taxes450/3USD 1.29MUSD 482k▼
Other amounts payable47/48USD 0-
Accrued charges and deferred income492/3USD 95.27MUSD 118.85M▲
Income statement
Code20242025
Operating income70/76AUSD 25.00MUSD 33.76M▲
Turnover70USD 25.00MUSD 33.76M▲
Other operating income74USD 0-
Operating charges60/66AUSD 22.62MUSD 37.62M▲
Goods for resale, raw materials and consumables60USD 12.84MUSD 15.86M▲
Purchases600/8USD 12.84MUSD 15.86M▲
Services and other goods61USD 7.69MUSD 7.55M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4USD -150kUSD -5k▲
Other operating charges640/8USD 2.24MUSD 14.22M▲
Operating profit (loss)9901USD 2.38MUSD -3.86M▼
Financial income75/76BUSD 1.52MUSD 10.00M▲
Recurring financial income75USD 1.52MUSD 10.00M▲
Income from current assets751USD 1.30MUSD 5.33M▲
Other financial income752/9USD 218kUSD 4.67M▲
Financial charges65/66BUSD 2.53MUSD 773k▼
Recurring financial charges65USD 2.53MUSD 773k▼
Other financial charges652/9USD 2.53MUSD 773k▼
Profit (loss) for the period before taxes9903USD 1.37MUSD 5.37M▲
Income taxes67/77USD 366kUSD 1.41M▲
Taxes670/3USD 366kUSD 1.41M▲
Profit (loss) for the period9904USD 1.01MUSD 3.95M▲
Transfer to tax-exempt reserves689USD 0-
Profit (loss) for the period to be appropriated9905USD 1.01MUSD 3.95M▲
Appropriation of the result
Profit (loss) to be appropriated9906USD 3.75MUSD 7.70M▲
Profit (loss) brought forward from the previous period14PUSD 2.74MUSD 3.75M▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2022net €3.95M ▲292%
Net result €3.95M, the highest in the series.
31-12
Financial
Equity above €5MEq €8.52M ▲86.5%
4 profitable years in a row build equity to €8.52M.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €1.01M ▼11.2%
Net result drops to €1.01M, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 6current ratio 77.79
Current ratio from 12.66 to 77.79; short-term debt falls from €5.09M to €1.02M.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Brussel · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bourgetlaan 441130 BrusselGround area
19.2 ha
Building footprint
3.8 ha
Volume, LiDAR
288,574 m³
Parcel 21821C0063/00R000, Brussels · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Radisson Loyalty Management
since 20212.316.491.246
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821C0063/00R000 | Brussels | 19.2 ha | 1 · 3.8 ha | 15.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 82,562 companies in sector 70200 we hold annual accounts for 52,574. 7,668 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
55100Hotels and similar accommodation
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.