RADO
BankruptcySummary
The KBO register records for RADO the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €32,678 and a net result of €4,939.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
1 signal.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Other construction installation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Equity
€32,678▲ 17.8%
2019 · €27,739
Total assets
€114,395▼ 18.6%
2019 · €140,512
Net result
€4,939▼ 53.8%
2019 · €10,700
Working capital
€25,287▼ 2.2%
2019 · €25,859
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
Line201820192020
Operating result€3,504-€12,616▲ 260%€1,196▼ 90.5%
Net result-€2,096-€10,700€4,939▼ 53.8%
Equity€17,039-€27,739▲ 62.8%€32,678▲ 17.8%
Total assets€93,542-€140,512▲ 50.2%€114,395▼ 18.6%
Debt€76,503-€112,773▲ 47.4%€81,717▼ 27.5%
Working capital€5,059-€25,859▲ 411%€25,287▼ 2.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 91% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €114,395
Fixed assets
€30,716 ▲ 1,534%
Current assets
€83,679 ▼ 39.6%
Equity and liabilities €114,395
Equity
€32,678 ▲ 17.8%
Debt
€81,717 ▼ 27.5%
Debt's share of the balance-sheet total falls from 80.3% to 71.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5,015▼
2019 · €22,716
Cash flow
€8,758▼
2019 · €20,800
Current ratio
1.43▲
2019 · 1.23
Debt to equity
0.71
ROE
15.1%▼
2019 · 38.6%
ROA
4.3%▼
2019 · 7.6%
Debt ≤ 1 year
€58,392▼
2019 · €112,773
Debt > 1 year
€23,325
Income taxes
€1,053▼
2019 · €1,649
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,371 | €10,100 | €3,819 | ▼ 62.2% |
| Gross operating margin9900 | €39,176 | €23,134 | €6,568 | ▼ 71.6% |
| Operating profit (loss)9901 | €3,504 | €12,616 | €1,196 | ▼ 90.5% |
| Recurring financial income75 | - | €2 | €6,010 | ▲ 359,775% |
| Recurring financial charges65 | €2,013 | €269 | €1,213 | ▲ 351% |
| Profit (loss) for the period before taxes9903 | €1,492 | €12,349 | €5,993 | ▼ 51.5% |
| Income taxes67/77 | €3,587 | €1,649 | €1,053 | ▼ 36.1% |
| Profit (loss) for the period9904 | -€2,096 | €10,700 | €4,939 | ▼ 53.8% |
| Profit (loss) for the period to be appropriated9905 | -€2,096 | €10,700 | €4,939 | ▼ 53.8% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €93,542 | €140,512 | €114,395 | ▼ 18.6% |
| Fixed assets21/28 | €11,980 | €1,880 | €30,716 | ▲ 1,534% |
| Tangible fixed assets22/27 | €10,100 | - | €28,836 | - |
| Financial fixed assets28 | €1,880 | €1,880 | €1,880 | = |
| Current assets29/58 | €81,562 | €138,632 | €83,679 | ▼ 39.6% |
| Amounts receivable within one year40/41 | €65,512 | €85,900 | €41,127 | ▼ 52.1% |
| Cash at bank and in hand54/58 | €14,868 | €51,767 | €41,233 | ▼ 20.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €93,542 | €140,512 | €114,395 | ▼ 18.6% |
| Equity10/15 | €17,039 | €27,739 | €32,678 | ▲ 17.8% |
| Contributions10/11 | €6,200 | €6,200 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €8,979 | €19,679 | €24,618 | ▲ 25.1% |
| Amounts payable17/49 | €76,503 | €112,773 | €81,717 | ▼ 27.5% |
| Amounts payable after more than one year17 | - | - | €23,325 | - |
| Amounts payable within one year42/48 | €76,503 | €112,773 | €58,392 | ▼ 48.2% |
| Trade debts44 | €73,165 | €78,217 | €48,627 | ▼ 37.8% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,096 | €10,700 | €4,939 | ▼ 53.8% |
| + Depreciation and write-downs630 | €34,371 | €10,100 | €3,819 | ▼ 62.2% |
| Operating cash flow (approximation) | €32,275 | €20,800 | €8,758 | ▼ 57.9% |
| Investment in fixed assets (approximation) | - | €0 | -€32,655 | - |
| Change in cash | - | €36,900 | -€10,535 | ▼ 129% |
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
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
31-12
Financial
Back to profitnet €10,700
Net result €10,700 after one loss-making year.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 53 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Vorst · 1 establishment unit since 2015
Ground area
3,116 m²
Building footprint
267 m²
Volume, LiDAR
1,570 m³
Parcel 21382C0034/00P002, Brussels · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
RADO
since 20152.242.993.059
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0034/00P002 | Brussels | 3,116 m² | 1 · 267 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 4,093 companies in sector 43240 we hold annual accounts for 1,634. 1,261 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded12-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
43230Insulation installation
43422Screed work
81220Other building cleaning and industrial cleaning
81300Landscape service activities
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.