Summary
RADON is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2011 annual accounts show equity of €22.7m and a net result of €8.3m. Equity is growing by ~13.5% per year across the filed fiscal years. The company has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
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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 30-11-2011. Since then, 14 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-11-2012 close30-06-2013 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2011 was due by 30-06-2012 and was filed on 22-05-2012, 39 days ahead of the deadline.
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 →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2011, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€22.7m=
2010 · €22.7m
Net result
€8.3m=
2010 · €8.3m
Total assets
€24.9m=
2010 · €24.9m
Solvency
90.9%=
2010 · 90.9%
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
Line20072008200920102011
Turnover€0€0€0€0
Operating result€115,437-€115,436=€191,965▲ 66.3%€683,347▲ 256%€683,347=
Net result€91,181-€91,181=€121,358▲ 33.1%€8.3m▲ 6,780%€8.3m=
Equity€14.7m-€14.7m=€14.7m▼ 0.1%€22.7m▲ 54.5%€22.7m=
Total assets€15.1m-€15.1m=€16.4m▲ 9.0%€24.9m▲ 52.0%€24.9m=
Debt€363,007-€363,007=€1.7m▲ 375%€2.3m▲ 31.1%€12.0m▲ 429%
Working capital€309,892-€309,891=-€1.3m€6.6m€884,958▼ 86.6%
Solvency97.6%-97.6%=89.5%▼ 8.1pp90.9%▲ 1.4pp90.9%=
Staff (FTE)3.13.1=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays at €683,347 in 2011, level with 2010.
Balance-sheet composition
2011 in colour, 2010 as the grey bar beneath
Assets €26.1m
Fixed assets
€17.3m ▲ 7.4%
Current assets
€8.8m =
Equity and liabilities €34.6m
Equity
€22.7m =
Debt
€12.0m ▲ 429%
Debt's share of the balance-sheet total rises from 9.1% to 34.5%. Debt is higher.
Key figures and ratios
ROE
36.8%=
2010 · 36.8%
ROA
33.5%=
2010 · 33.5%
Debt ≤ 1 year
€8.0m▲
2010 · €2.3m
Debt > 1 year
€4.0m▲
2010 · €0
Income taxes
€217,698=
2010 · €217,698
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €0 | €0 | €0 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,212 | €12,212 | €11,500 | €11,428 | €4,001 | ▼ 65.0% |
| Gross operating margin9900 | €129,487 | €129,485 | €208,328 | €858,043 | €858,691 | ▲ 0.1% |
| Operating profit (loss)9901 | €115,437 | €115,436 | €191,965 | €683,347 | €683,347 | = |
| Recurring financial income75 | €7,418 | €13,248 | €13,248 | €8.0m | €8.0m | = |
| Recurring financial charges65 | €4,724 | €4,603 | €9,855 | €110,578 | €414,260 | ▲ 275% |
| Profit (loss) for the period before taxes9903 | €128,832 | €128,831 | €191,583 | €8.6m | €8.6m | = |
| Income taxes67/77 | €37,651 | €37,651 | €70,225 | €217,698 | €217,698 | = |
| Profit (loss) for the period9904 | €91,181 | €91,181 | €121,358 | €8.3m | €8.3m | = |
| Profit (loss) for the period to be appropriated9905 | €91,181 | €91,181 | €121,358 | €8.3m | €8.3m | = |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15.1m | €15.1m | €16.4m | €24.9m | €24.9m | = |
| Formation expenses20 | - | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €14.4m | €14.4m | €16.1m | €16.1m | €17.3m | ▲ 7.4% |
| Intangible fixed assets21 | - | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €23,216 | €23,216 | €11,716 | €18,275 | €18,275 | = |
| Financial fixed assets28 | €14.4m | €14.4m | €16.1m | €16.1m | €17.3m | ▲ 7.4% |
| Current assets29/58 | €653,436 | €653,435 | €402,465 | €8.8m | €8.8m | = |
| Stocks and contracts in progress3 | €1,728 | €1,728 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €291,984 | €291,984 | €7,809 | €8.5m | €8.5m | = |
| Current investments50/53 | €350,001 | €375,000 | €375,000 | €0 | €1.5m | - |
| Cash at bank and in hand54/58 | €9,723 | €19,656 | €331,695 | €379,061 | €892,964 | ▲ 136% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15.1m | €15.1m | €16.4m | €24.9m | €24.9m | = |
| Equity10/15 | €14.7m | €14.7m | €14.7m | €22.7m | €22.7m | = |
| Contributions10/11 | €14.4m | €14.4m | €14.4m | €14.4m | €14.4m | = |
| Reserves13 | €326,013 | €326,013 | €317,376 | €8.3m | €8.3m | = |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €363,007 | €363,007 | €1.7m | €2.3m | €12.0m | ▲ 429% |
| Amounts payable after more than one year17 | €19,463 | €19,463 | €8,097 | €0 | €4.0m | - |
| Amounts payable within one year42/48 | €343,544 | €343,544 | €1.7m | €2.3m | €8.0m | ▲ 253% |
| Trade debts44 | €313,319 | €313,318 | €5,837 | €3,422 | €8,822 | ▲ 158% |
| Line | 2007 | 2008 | 2009 | 2010 | 2011 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €91,181 | €91,181 | €121,358 | €8.3m | €8.3m | = |
| + Depreciation and write-downs630 | €12,212 | €12,212 | €11,500 | €11,428 | €4,001 | ▼ 65.0% |
| Operating cash flow (approximation) | €103,393 | €103,393 | €132,858 | €8.4m | €8.4m | ▼ 0.1% |
| Investment in fixed assets (approximation) | - | -€12,212 | -€1.7m | -€29,415 | -€1.2m | ▼ 3,942% |
| Change in cash | - | €9,933 | €312,040 | €47,366 | €513,903 | ▲ 985% |
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
2012
22-05
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
05-07
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 5 days late
2010
30-11
Financial
Liquidity times 17current ratio 3.92
Current ratio from 0.23 to 3.92.
01-06
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
17-06
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema
2008
30-11
Financial
Weakest financial yearnet €91,181 ▼0%
Net result drops to €91,181, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema
2007
11-06
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema
2006
31-05
NBB filing
Annual accounts filed
fiscal year 2005 · abbreviated schema
2005
24-05
NBB filing
Annual accounts filed
fiscal year 2004 · abbreviated schema
2004
11-06
NBB filing
Annual accounts filed
fiscal year 2003 · abbreviated schema
2002
07-10
NBB filing
Annual accounts filed
fiscal year 2001 · abbreviated schema · 68 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Wevelgem · 1 establishment unit since 1979
Ground area
1.2 ha
Building footprint
1,857 m²
Volume, LiDAR
14,533 m³
Parcel 34302B0875/00B009, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
RADON
since 19792.016.899.026
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34302B0875/00B009 | Flanders | 1.2 ha | 1 · 1,857 m² | 10.4 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500T70MIRK7Z3W167
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 4,999 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formGeneral partnership
Founded09-10-1979
Fiscal year end30-11
Activities, NACEBEL 2025
46460Wholesale of pharmaceutical and medical goods
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0419884393
Registered
27-03-2026
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.