RADIUS
InactiveInactive; last annual accounts for fiscal year 2013.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2013. Since then, 12 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2014 close31-07-2015 deadline24-09-2026 today
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2013 was due by 31-07-2014 and was filed on 28-08-2014, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2013, abbreviated schema
Equity
€739k▼ 1.0%
2012 · €746k
2009: €814k
2010: €669k
2011: €739k
2012: €746k
2009 → 2013
Total assets
€2.10M▲ 0.1%
2012 · €2.10M
2009: €2.47M
2010: €2.10M
2011: €2.87M
2012: €2.10M
2009 → 2013
Net result
€-14k
2012 · €55k
2009: €-17k
2010: €-145k
2011: €70k
2012: €55k
2009 → 2013
Working capital
€40k
2012 · €-304k
2009: €474k
2010: €423k
2011: €467k
2012: €-304k
2009 → 2013
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20092010201120122013Trend
Equity€814k-€669k▼ 17.8%€739k▲ 10.5%€746k▲ 0.9%€739k▼ 1.0%
Operating result€27k-€-424k€100k€42k▼ 57.8%€6k▼ 84.8%
Net result€-17k-€-145k▼ 741%€70k€55k▼ 22.4%€-14k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2013 is 85% below 2012.
Balance-sheet composition
2013 in colour, 2012 as the grey bar beneath
Assets €2.10M
Fixed assets
€699k ▼ 33.5%
Current assets
€1.40M ▲ 33.9%
Equity and liabilities €2.10M
Equity
€739k ▼ 1.0%
Debt
€1.36M ▲ 0.8%
Debt's share of the balance-sheet total rises from 64.4% to 64.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€139k▲
2012 · €110k
Cash flow
€119k▼
2012 · €122k
Current ratio
1.03▲
2012 · 0.77
Quick ratio
1.03▲
2012 · 0.77
ROE
-1.9%▼
2012 · 7.3%
ROA
-0.7%▼
2012 · 2.6%
Debt ≤ 1 year
€1.36M▲
2012 · €1.35M
Income taxes
€11k
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 · 2013 against 2012 · 28 lines
Balance sheet
Code20122013
Assets
Total assets20/58€2.10M€2.10M▲
Formation expenses20€43k€30k▼
Fixed assets21/28€1.05M€699k▼
Intangible fixed assets21€242€333k▲
Tangible fixed assets22/27€180k€334k▲
Financial fixed assets28€828k€2k▼
Current assets29/58€1.05M€1.40M▲
Stocks and contracts in progress3-€2k
Amounts receivable within one year40/41€389k€222k▼
Cash at bank and in hand54/58€10k€9k▼
Equity and liabilities
Total equity and liabilities10/49€2.10M€2.10M▲
Equity10/15€746k€739k▼
Contributions10/11€174k€174k=
Reserves13€788k€795k▲
Profit (loss) carried forward14€-216k€-230k▼
Amounts payable17/49€1.35M€1.36M▲
Amounts payable after more than one year17€113-
Amounts payable within one year42/48€1.35M€1.36M▲
Trade debts44€237k€109k▼
Income statement
Code20122013
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€133k▲
Gross operating margin9900€438k€423k▼
Operating profit (loss)9901€42k€6k▼
Recurring financial income75€47k€24k▼
Recurring financial charges65€35k€28k▼
Profit (loss) for the period before taxes9903€55k€3k▼
Income taxes67/77-€11k
Profit (loss) for the period9904€55k€-14k▼
Profit (loss) for the period to be appropriated9905€55k€-14k▼
Timeline · acts, filings and financial milestones
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
2013
24-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
27-04
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
31-12
Financial
Back to profitnet €70k
Net result €70k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
31-12
Financial
Weakest financial yearnet €-145k
Net result drops to €-145k, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
06-07
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
28-07
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
23-07
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
2006
26-07
NBB filing
Annual accounts filed
fiscal year 2005 · full schema
2004
07-07
NBB filing
Annual accounts filed
fiscal year 2003 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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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Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1