RAIDILLON
ActiveSummary
RAIDILLON has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €814,870 and a net result of -€46,608. Equity grew by about 48% per year on average since 2018. In 2025 it fell by 5.4%. Its solvency ranks better than 77% of 5,049 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-07-2002 Normal situation
- Registered office
- 38 active companies are registered at this address Source: KBO register, as of 5 November 2026.
- Activity
- Retail sale of watches and jewellery NACE 47770and 5 others
- Establishment unit
- 2.099.165.023 1160 Auderghem, since 30-07-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Board and ownership
- Patrick GELDERDirector · since 28-09-2021
- AXIAL INVEST53.53%· score 842025 annual accounts of AXIAL INVEST
- YAMM22%· score 822025 annual accounts of YAMM
- AFDS0.27%· score 622022 annual accounts of AFDS
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- -€13,754
- ▲ 66.1%
- Loss
- €46,608
- ▼ 41.6%
- Equity
- €814,870
- ▼ 5.4%
- Total assets
- €1.3m
- ▲ 3.9%
Score breakdownraises risk1 change of registered office in 24 monthsLiquidity: current ratio 3.12, cash €5,073, halvedlowers riskSize: total assets €1.3mFounded in 2002Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 76% of them on solvency, 35% on liquidity, 19% on profitability and 31% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 27-07-2026 at the NBB all 23 filings
Every figure per financial year
The operating result for 2025 is a loss of €32,358, smaller than the loss of €60,218 in 2024.
Staff
| Item | 31-12-2021 |
|---|---|
| Average over the year, in full-time equivalents | 1.7 |
| Joined | 4 |
| Left | 7 |
Source: social balance sheet in the 2021 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €10,767 | - | - | - |
| Financial fixed assets | - | - | - | €20,807 | - |
| Depreciation and write-downs of the year | €33,262 | €26,374 | €19,373 | €18,591 | €17,606 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €41,945 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55,184 | €33,579 | €38,865 | €33,262 | €26,374 | €19,373 | €18,591 | €17,606 | ▼ 5.3% |
| Other operating charges640/8 | - | - | - | €7,297 | €5,244 | €4,671 | €1,036 | €998 | ▼ 3.6% |
| Gross operating margin9900 | -€70,995 | €69,107 | €78,763 | -€117,012 | €53,832 | €228,884 | -€40,592 | -€13,754 | ▲ 66.1% |
| Operating profit (loss)9901 | -€282,602 | -€74,483 | -€28,035 | -€199,515 | €22,213 | €204,839 | -€60,218 | -€32,358 | ▲ 46.3% |
| Financial income75/76B | - | - | - | €2,509 | €1,265 | €770 | €214 | €67 | ▼ 68.5% |
| Recurring financial income75 | €83 | €9,967 | €8,651 | €2,509 | €1,265 | €770 | €214 | €67 | ▼ 68.5% |
| Financial charges65/66B | - | - | - | €3,779 | €8,183 | €8,763 | €19,757 | €14,318 | ▼ 27.5% |
| Recurring financial charges65 | €5,448 | €16,207 | €5,370 | €3,779 | €8,183 | €8,763 | €19,757 | €14,318 | ▼ 27.5% |
| Profit (loss) for the period before taxes9903 | -€287,967 | -€80,723 | -€24,755 | -€200,785 | €15,295 | €196,847 | -€79,761 | -€46,608 | ▲ 41.6% |
| Profit (loss) for the period9904 | -€287,967 | -€80,723 | -€24,755 | -€200,785 | €15,295 | €196,847 | -€79,761 | -€46,608 | ▲ 41.6% |
| Profit (loss) for the period to be appropriated9905 | -€287,967 | -€80,723 | -€24,755 | -€200,785 | €15,295 | €196,847 | -€79,761 | -€46,608 | ▲ 41.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.0m | €0.9m | €0.9m | €0.8m | €0.9m | €1.3m | €1.2m | €1.3m | ▲ 3.9% |
| Fixed assets21/28 | €0.3m | €0.2m | €0.2m | €0.2m | €0.09m | €0.07m | €0.07m | €0.06m | ▼ 24.2% |
| Intangible fixed assets21 | €0.02m | €0.02m | €0.01m | €0.01m | €0.008m | €0.007m | €0.006m | €0.004m | ▼ 25.0% |
| Tangible fixed assets22/27 | €0.3m | €0.09m | €0.1m | €0.1m | €0.08m | €0.06m | €0.05m | €0.03m | ▼ 35.2% |
| Furniture and vehicles24 | - | - | - | €0.008m | €0.02m | €0.01m | €0.009m | €0.007m | ▼ 22.2% |
| Other tangible fixed assets26 | - | - | - | €0.09m | €0.07m | €0.05m | €0.04m | €0.02m | ▼ 38.3% |
| Financial fixed assets28 | €0.001m | €0.05m | €0.05m | €0.05m | €0.001m | €400 | €0.02m | €0.02m | = |
| Current assets29/58 | €0.7m | €0.7m | €0.7m | €0.7m | €0.8m | €1.2m | €1.2m | €1.2m | ▲ 5.6% |
| Stocks and contracts in progress3 | €0.5m | €0.6m | €0.6m | €0.5m | €0.7m | €1.0m | €0.9m | €0.9m | ▼ 0.2% |
| Stocks30/36 | - | - | - | €0.5m | €0.7m | €1.0m | €0.9m | €0.9m | ▼ 0.2% |
| Amounts receivable within one year40/41 | €0.1m | €0.04m | €0.04m | €0.04m | €0.1m | €0.2m | €0.2m | €0.3m | ▲ 47.3% |
| Trade receivables40 | - | - | - | €0.04m | €0.1m | €0.2m | €0.04m | €0.1m | ▲ 254% |
| Other amounts receivable41 | - | - | - | €0.002m | €347 | €347 | €0.2m | €0.2m | = |
| Cash at bank and in hand54/58 | €0.02m | €0.04m | €0.04m | €0.1m | €0.02m | €0.02m | €0.02m | €0.005m | ▼ 68.6% |
| Deferred charges and accrued income490/1 | - | - | - | €455 | - | - | €0.02m | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.0m | €0.9m | €0.9m | €0.8m | €0.9m | €1.3m | €1.2m | €1.3m | ▲ 3.9% |
| Equity10/15 | €0.05m | €0.8m | €0.8m | €0.7m | €0.7m | €0.9m | €0.9m | €0.8m | ▼ 5.4% |
| Contributions10/11 | €1.0m | €0.8m | €0.8m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Issued capital100 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Reserves13 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Non-distributable reserves130/1 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Legal reserve130 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Profit (loss) carried forward14 | -€0.9m | €0.004m | -€0.02m | -€0.2m | -€0.2m | -€0.01m | -€0.09m | -€0.1m | ▼ 52.1% |
| Amounts payable17/49 | €0.9m | €0.07m | €0.08m | €0.1m | €0.1m | €0.3m | €0.4m | €0.5m | ▲ 25.0% |
| Amounts payable after more than one year17 | - | - | - | - | €0.02m | - | €0.09m | €0.08m | ▼ 10.5% |
| Financial debts170/4 | - | - | - | - | €0.02m | - | €0.09m | €0.08m | ▼ 10.5% |
| Amounts payable within one year42/48 | €0.9m | €0.07m | €0.08m | €0.08m | €0.1m | €0.3m | €0.3m | €0.4m | ▲ 35.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.03m | €0.02m | €0.04m | €0.05m | ▲ 33.6% |
| Financial debts43 | - | - | - | - | €0.02m | €0.2m | €0.2m | €0.2m | = |
| Credit institutions430/8 | - | - | - | - | €0.02m | €0.2m | €0.2m | €0.2m | = |
| Trade debts44 | €0.2m | €0.06m | €0.07m | €0.07m | €0.04m | €0.09m | €0.08m | €0.2m | ▲ 97.4% |
| Suppliers440/4 | - | - | - | €0.07m | €0.04m | €0.09m | €0.08m | €0.2m | ▲ 97.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.002m | €0.03m | €0.05m | €0.01m | €0.02m | ▲ 62.6% |
| Taxes450/3 | - | - | - | €0.002m | €0.03m | €0.05m | €0.01m | €0.02m | ▲ 62.6% |
| Other amounts payable47/48 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Accrued charges and deferred income492/3 | - | - | - | €0.02m | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€287,967 | -€80,723 | -€24,755 | -€200,785 | €15,295 | €196,847 | -€79,761 | -€46,608 | ▲ 41.6% |
| + Depreciation and write-downs630 | €55,184 | €33,579 | €38,865 | €33,262 | €26,374 | €19,373 | €18,591 | €17,606 | ▼ 5.3% |
| Operating cash flow (approximation) | -€232,782 | -€47,144 | €14,111 | -€167,523 | €41,669 | €216,220 | -€61,171 | -€29,003 | ▲ 52.6% |
| Investment in fixed assets (approximation) | - | €68,949 | -€67,140 | €0 | €43,233 | €115 | -€20,807 | €0 | - |
| Change in cash | - | €15,770 | €2,505 | €64,818 | -€88,869 | -€2,052 | €470 | -€11,068 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 8,617 companies had the same profile as RAIDILLON has now. Two years later, 94.1% were still going and 0.4% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of RAIDILLON itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for RAIDILLON. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 27-07-2026 | 2026-00341721 | |
| 31-12-2024 | full format | 07-08-2025 | 2025-00375365 | |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00287676 | |
| 31-12-2022 | micro format | 10-08-2023 | 2023-00323284 | |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20366874 | |
| 31-12-2020 | micro format | 19-07-2021 | 2021-36900273 | |
| 31-12-2019 | full format | 20-07-2020 | 2020-31900560 | |
| 31-12-2018 | full format | 26-07-2019 | 2019-39500517 | |
| 31-12-2017 | full format | 10-08-2018 | 2018-45100465 | |
| 31-12-2016 | full format | 26-07-2017 | 2017-36200087 |
Board & ownership
Directors
Owners and capital
Shareholders
3 ownersChain of control
- AXIAL INVEST
- RAIDILLON
Owners 3
- AXIAL INVESTparentEquity €28.5m Loss of €1.4m in 2025 (loss of €1.1m in 2024) Checked score 8453.53%
- Sourceaccounts YAMM 2025Equity €73,612 Loss of €1,001 in 2025 (loss of €1,160 in 2024) Checked score 8222%
- Sourceaccounts AFDS 2022Equity €56,588 Loss of €43,076 in 2025 (loss of €6,531 in 2024) Checked score 620.27%
Owners through the years 2009 to 2025
| Name | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AXIAL INVEST | 27.6% | 53.71% | 36.43% | 58.64% | 53.53% | ||||||||||||
| YAMM | 50% | 72.4% | 46.29% | 25.71% | 22.5% | ||||||||||||
| AFDS | 0.27% | ||||||||||||||||
Source: shareholder structure in its own accounts, lists of holdings in the owners' accounts
Capital transactions
- KATAPULT GROUP
- AXIAL INVEST
- AFDS
- 04-10-2021 Capital increase of €150,007 · to €950,007 · 8,929 new shares at €16.80 per share · in cash
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Patrick GELDER |
|
| AFDS SRL |
|
| Frédéric DAWANS |
|
Network & group
Companies at the same address
37 other companies- 24Seven Registered office · since 23-04-2025Founded in 2025 · total assets €42,050 (2025) 1022.600.724
- CLEAN & BUILD BELGIUM Registered office · since 12-12-2024Founded in 2024 · total assets €1,910 (2025) 1017.327.288
- DYD Registered office · since 27-11-2024Founded in 2024 · total assets €452,751 (2025) 1016.672.737
- CHARMANDISING BELGIUM Registered office · since 15-01-2024Founded in 2024 · total assets €9,498 (2025) · negative equity 1004.704.224
- EZY Establishment · since 28-09-2022Founded in 2022 · total assets €50,331 (2025) 0791.519.901
- KAFFEÏNE Registered office · since 28-05-2021Founded in 2021 · total assets €20,954 (2025) 0768.843.972
- KINTANA MANAGEMENT Registered office · since 02-04-2021Founded in 2021 · total assets €67,766 (2025) 0766.297.129
- CABRETO Registered office · since 29-03-2021Founded in 2021 · total assets €26,743 (2025) 0765.772.240
- TECH QUALITY SERVICES Registered office · since 10-03-2021Founded in 2021 · total assets €38,218 (2025) · negative equity 0764.864.004
- MORRISON & PAGE Registered office · since 26-02-2021Founded in 2021 · total assets €30,649 (2025) 0764.395.137
Connections & network
1 current directorThe network starts from the directors of RAIDILLON. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
29-01
Gazette deed
Registered office moved within BrusselsNew registered office: Avenue Henri De Brouckère 44, 1160 Bruxelles · Previous registered office: Galerie du Roi 17/19; 1000 Bruxelles4 points ▸
- General meeting, 01-01-2026
- Registered-office move, Avenue Henri De Brouckère 44, 1160 Bruxelles
- Power of attorney, J.Jordens sri
- Power of attorney, Serge Solau
02-02
Gazette deed
Resignation: AFDS SRL (director)Director discharge: AFDS SRL3 points ▸
- General meeting, 22-11-2021
- Director resignation, AFDS SRL
- Director discharge, AFDS SRL
04-10
Gazette deed
Capital increase of €150,007 to €950,007Capital from €800,000 to €950,007, 8,929 new shares · Resignation: Frédéric DAWANS (director) · Appointment: Patrick GELDER (director)7 points ▸
- General meeting, 28-09-2021
- Capital increase, €150,007
- Amendment of the articles, article 5
- Director resignation, Frédéric DAWANS
- Director appointment, Patrick GELDER
- Power of attorney, Gérard INDEKEU
- Board meeting, 28-09-2021
- The deed holds 2 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Galerie du Roi 17/19;, 1000 Bruxelles until the deed of 29-01-2026
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21332B0487/00A006 | Brussels | 1,135 m² | 1 · 160 m² | 12.4 m · 3 |