RAEDT
ActiveRAEDT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €396k and a net result of €450. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 52% of 2096 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability56▼-22
Solvency65=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 2.94 in 2023; short-term debt: 12.7% and cash: 17.9% of total assets), but 59.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
32 d early
2023
37 d early
2022
32 d early
2021
28 d early
2020
7 d early
2019
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€396k▼ 7.9%
2023 · €430k
2018: €108k
2019: €142k
2020: €191k
2021: €243k
2022: €353k
2023: €430k
2018 → 2024
Total assets
€988k▼ 7.2%
2023 · €1.06M
2018: €623k
2019: €655k
2020: €652k
2021: €750k
2022: €857k
2023: €1.06M
2018 → 2024
Net result
€450▼ 99.4%
2023 · €77k
2018: €31k
2019: €35k
2020: €49k
2021: €52k
2022: €109k
2023: €77k
2018 → 2024
Working capital
€139k▼ 24.9%
2023 · €185k
2018: €85k
2019: €103k
2020: €139k
2021: €222k
2022: €192k
2023: €185k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€191k-€243k▲ 27.3%€353k▲ 44.9%€430k▲ 21.9%€396k▼ 7.9%
Operating result€79k-€86k▲ 8.9%€163k▲ 90.4%€121k▼ 26.1%€16k▼ 87.0%
Net result€49k-€52k▲ 5.8%€109k▲ 109%€77k▼ 29.4%€450▼ 99.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 87% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €988k
Fixed assets
€724k▼ 7.8%
Current assets
€265k▼ 5.6%
Equity and liabilities €988k
Equity
€396k▼ 7.9%
Debt
€592k▼ 6.7%
The debt ratio rises from 59.6% to 59.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€82k▼
2023 · €181k
Cash flow
€66k▼
2023 · €137k
Solvency
40.1%▼
2023 · 40.4%
Current ratio
2.11▼
2023 · 2.94
Quick ratio
1.92▼
2023 · 2.78
Debt / equity
1.50▲
2023 · 1.48
ROE
0.1%▼
2023 · 18.0%
ROA
0.0%▼
2023 · 7.2%
Interest coverage
4.45▼
2023 · 9.76
Debt
€592k▼
2023 · €635k
Debt ≤ 1 year
€126k▲
2023 · €95k
Debt > 1 year
€467k▼
2023 · €540k
Income taxes
€1k▼
2023 · €31k
Staff costs
€21k▼
2023 · €51k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.06M€988k▼
Fixed assets21/28€785k€724k▼
Tangible fixed assets22/27€785k€724k▼
Land and buildings22€733k€684k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€49k€38k▼
Current assets29/58€280k€265k▼
Stocks and contracts in progress3€15k€24k▲
Stocks30/36€15k€24k▲
Amounts receivable within one year40/41€111k€64k▼
Trade receivables40€95k€46k▼
Other amounts receivable41€16k€18k▲
Cash at bank and in hand54/58€152k€177k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€1.06M€988k▼
Equity10/15€430k€396k▼
Contributions10/11€6k€6k=
Reserves13€424k€389k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€422k€387k▼
Profit (loss) carried forward14-€450
Amounts payable17/49€635k€592k▼
Amounts payable after more than one year17€540k€467k▼
Financial debts170/4€540k€467k▼
Amounts payable within one year42/48€95k€126k▲
Current portion of amounts payable after more than one year42€55k€62k▲
Trade debts44€28k€29k▲
Suppliers440/4€28k€29k▲
Taxes, remuneration and social security45€12k-
Taxes450/3€12k-
Other amounts payable47/48-€35k
Income statement
Code20232024
Remuneration, social security and pensions62€51k€21k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€66k▲
Other operating charges640/8€54k€7k▼
Gross operating margin9900€286k€109k▼
Operating profit (loss)9901€121k€16k▼
Financial income75/76B€6k€4k▼
Recurring financial income75€6k€4k▼
Financial charges65/66B€19k€18k▼
Recurring financial charges65€19k€18k▼
Profit (loss) for the period before taxes9903€108k€2k▼
Income taxes67/77€31k€1k▼
Profit (loss) for the period9904€77k€450▼
Profit (loss) for the period to be appropriated9905€77k€450▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€450▼
Transfer from equity791/2-€35k
Transfer to equity691/2€77k-
To other reserves6921€77k-
Profit to be distributed694/7-€35k
Directors or managers695-€35k
Social balance
Average headcount (FTE)90871.00.1▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €450 ▼99.4%
Net result drops to €450, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €109k ▲109%
Operating result €163k, net result €109k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €243k ▲27.3%
4 profitable years in a row build equity to €243k.
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €191k ▲34.4%
3 profitable years in a row build equity to €191k.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ledegem · 2 establishment units since 2011
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.
Bunderhof 148880 LedegemGround area
1,722 m²
Building footprint
740 m²
Volume, LiDAR
4,960 m³
2 parcels, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
RAEDT
since 20112.197.067.420
RAEDT
since 20172.274.909.326
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016A0736/00D000 | Flanders | 1,186 m² | 1 · 601 m² | 10.9 m · 2 fl. |
| 36018B0526/00C003 | Flanders | 536 m² | 1 · 139 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,720 EUR awarded · 1,720 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 308 EUR | 308 EUR |
| 2024 | 1 | 570 EUR | 570 EUR |
| 2022 | 1 | 842 EUR | 842 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 10,104 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-2011
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.