RadSR
ActiveThe computed 12-month bankruptcy probability of RadSR is 2.3% (moderate). The 2025 annual accounts show equity of €1.04M and a net result of €446k. Equity is growing by ~67% per year across the filed fiscal years. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency91▲+9
Growth78=
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 5.56 against 4.65 in 2024; short-term debt: 12.9% and cash: 33.9% of total assets), and 33.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.2%
Return on assets
28.5%
Age of the figures
9 mo
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 28-05-2026, 64 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
64 d early
2024
17 d early
2023
23 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.04M▲ 75.5%
2024 · €590k
2023: €246k
2024: €590k
2023 → 2025
Total assets
€1.57M▲ 51.3%
2024 · €1.03M
2023: €649k
2024: €1.03M
2023 → 2025
Net result
€446k▲ 29.3%
2024 · €345k
2023: €241k
2024: €345k
2023 → 2025
Working capital
€921k▲ 68.5%
2024 · €547k
2023: €193k
2024: €547k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€246k-€590k▲ 140%€1.04M▲ 75.5%
Operating result€344k-€470k▲ 36.7%€588k▲ 25.1%
Net result€241k-€345k▲ 43.3%€446k▲ 29.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 25% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.57M
Fixed assets
€442k▲ 30.6%
Current assets
€1.12M▲ 61.3%
Equity and liabilities €1.57M
Equity
€1.04M▲ 75.5%
Debt
€529k▲ 19.0%
The debt ratio falls from 42.9% to 33.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€639k▲
2024 · €513k
Cash flow
€496k▲
2024 · €388k
Solvency
66.2%▲
2024 · 57.1%
Current ratio
5.56▲
2024 · 4.65
Quick ratio
5.56▲
2024 · 4.65
Debt / equity
0.51▼
2024 · 0.75
ROE
43.0%▼
2024 · 58.4%
ROA
28.5%▼
2024 · 33.3%
Interest coverage
41.66▲
2024 · 34.92
Debt
€529k▲
2024 · €444k
Debt ≤ 1 year
€202k▲
2024 · €150k
Debt > 1 year
€326k▲
2024 · €294k
Income taxes
€144k▲
2024 · €112k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.03M€1.57M▲
Fixed assets21/28€338k€442k▲
Intangible fixed assets21€316k€279k▼
Tangible fixed assets22/27€22k€162k▲
Furniture and vehicles24€22k€15k▼
Leasing and similar rights25-€88k
Other tangible fixed assets26-€59k
Financial fixed assets28€100€100=
Current assets29/58€697k€1.12M▲
Amounts receivable within one year40/41€514k€574k▲
Trade receivables40€208k€228k▲
Other amounts receivable41€306k€346k▲
Cash at bank and in hand54/58€181k€530k▲
Deferred charges and accrued income490/1€2k€19k▲
Equity and liabilities
Total equity and liabilities10/49€1.03M€1.57M▲
Equity10/15€590k€1.04M▲
Contributions10/11€5k€5k=
Reserves13€158k€158k=
Distributable reserves133€158k€158k=
Profit (loss) carried forward14€427k€873k▲
Amounts payable17/49€444k€529k▲
Amounts payable after more than one year17€294k€326k▲
Financial debts170/4€294k€326k▲
Amounts payable within one year42/48€150k€202k▲
Current portion of amounts payable after more than one year42€32k€54k▲
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Taxes, remuneration and social security45€112k€144k▲
Taxes450/3€112k€144k▲
Other amounts payable47/48€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€50k▲
Other operating charges640/8€915€4k▲
Gross operating margin9900€514k€642k▲
Operating profit (loss)9901€470k€588k▲
Financial income75/76B€679€17k▲
Recurring financial income75€679€17k▲
Financial charges65/66B€15k€15k▲
Recurring financial charges65€15k€15k▲
Profit (loss) for the period before taxes9903€456k€590k▲
Income taxes67/77€112k€144k▲
Profit (loss) for the period9904€345k€446k▲
Profit (loss) for the period to be appropriated9905€345k€446k▲
Appropriation of the result
Profit (loss) to be appropriated9906€427k€873k▲
Profit (loss) brought forward from the previous period14P€83k€427k▲
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (14 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
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €446k ▲29.3%
Operating result €588k, net result €446k, both a record.
31-12
Financial
Equity above €1MEq €1.04M ▲75.5%
3 profitable years in a row build equity to €1.04M.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €590k ▲140%
2 profitable years in a row build equity to €590k.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Waasmunster · 1 establishment unit since 2023
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.
Bareelstraat 219250 WaasmunsterGround area
473 m²
Building footprint
114 m²
Parcel 42023A0632/00N003, Flanders. Linked by address, not a title deed.
1 establishment unit
RadSR
since 20232.345.896.104
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023A0632/00N003 | Flanders | 473 m² | 1 · 114 m² | - |
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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-05-2023
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.