Robert Radermacher
ActiveRobert Radermacher has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €513k and a net result of €65k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 65% of 285 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+5
Solvency82=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 2.2 in 2024; short-term debt: 27.3% and cash: 3.8% of total assets), and 42.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
57.3%
Return on assets
7.3%
Age of the figures
15 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-01-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
25 d early
2023
44 d early
2022
43 d early
2021
28 d early
2020
27 d early
2019
94 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€65k▲ 104%
2024 · €32k
2019: €99k
2020: €153k
2021: €110k
2022: €99k
2023: €84k
2024: €32k
2019 → 2025
Working capital
€269k▼ 26.0%
2024 · €363k
2019: €461k
2020: €212k
2021: €259k
2022: €315k
2023: €392k
2024: €363k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€453k-€547k▲ 20.8%€629k▲ 15.1%€605k▼ 3.8%€513k▼ 15.3%
Operating result€154k-€137k▼ 11.2%€118k▼ 13.6%€45k▼ 62.0%€91k▲ 103%
Net result€110k-€99k▼ 9.4%€84k▼ 14.9%€32k▼ 61.9%€65k▲ 104%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 103% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €895k
Fixed assets
€381k▼ 4.4%
Current assets
€514k▼ 23.1%
Equity and liabilities €895k
Equity
€513k▼ 15.3%
Provisions
€279▼ 66.1%
Debt
€382k▼ 17.0%
The debt ratio falls from 43.2% to 42.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€202k▲
2024 · €145k
Cash flow
€176k▲
2024 · €132k
Solvency
57.3%▲
2024 · 56.7%
Current ratio
2.10▼
2024 · 2.20
Quick ratio
1.15▼
2024 · 1.42
Debt / equity
0.74▼
2024 · 0.76
ROE
12.8%▲
2024 · 5.3%
ROA
7.3%▲
2024 · 3.0%
Interest coverage
13.08▲
2024 · 8.24
Debt
€382k▼
2024 · €460k
Debt ≤ 1 year
€245k▼
2024 · €304k
Debt > 1 year
€128k▼
2024 · €147k
Income taxes
€25k▲
2024 · €11k
Staff costs
€153k▼
2024 · €194k
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€1.07M€895k▼
Fixed assets21/28€399k€381k▼
Tangible fixed assets22/27€399k€381k▼
Plant, machinery and equipment23€78k€44k▼
Furniture and vehicles24€24k€85k▲
Leasing and similar rights25€297k€252k▼
Current assets29/58€667k€514k▼
Stocks and contracts in progress3€234k€233k▼
Stocks30/36€234k€233k▼
Amounts receivable within one year40/41€125k€56k▼
Trade receivables40€114k€51k▼
Other amounts receivable41€11k€4k▼
Current investments50/53€265k€182k▼
Cash at bank and in hand54/58€32k€34k▲
Deferred charges and accrued income490/1€11k€9k▼
Equity and liabilities
Total equity and liabilities10/49€1.07M€895k▼
Equity10/15€605k€513k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€471k€387k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€2k€421▼
Distributable reserves133€463k€380k▼
Profit (loss) carried forward14€44k€44k=
Investment grants15€28k€20k▼
Provisions and deferred taxes16€825€279▼
Deferred taxes168€825€279▼
Amounts payable17/49€460k€382k▼
Amounts payable after more than one year17€147k€128k▼
Financial debts170/4€19k-
Other amounts payable178/9€128k€128k=
Amounts payable within one year42/48€304k€245k▼
Current portion of amounts payable after more than one year42€22k€19k▼
Trade debts44€59k€18k▼
Suppliers440/4€59k€18k▼
Advances received on contracts in progress46€67k€8k▼
Taxes, remuneration and social security45€21k€33k▲
Taxes450/3€19k€26k▲
Remuneration and social security454/9€2k€7k▲
Other amounts payable47/48€136k€165k▲
Accrued charges and deferred income492/3€9k€9k▲
Income statement
Code20242025
Non-recurring operating income76A€8k€14k▲
Remuneration, social security and pensions62€194k€153k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100k€111k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-4k-
Other operating charges640/8€13k€11k▼
Non-recurring operating charges66A€2k€30▼
Gross operating margin9900€350k€367k▲
Operating profit (loss)9901€45k€91k▲
Financial income75/76B€16k€14k▼
Recurring financial income75€16k€14k▼
Financial charges65/66B€18k€15k▼
Recurring financial charges65€18k€15k▼
Profit (loss) for the period before taxes9903€43k€90k▲
Transfer from deferred taxes780€483€546▲
Income taxes67/77€11k€25k▲
Profit (loss) for the period9904€32k€65k▲
Transfer from tax-exempt reserves789€1k€1k▲
Profit (loss) for the period to be appropriated9905€33k€67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€77k€111k▲
Profit (loss) brought forward from the previous period14P€44k€44k▲
Transfer from equity791/2€78k€150k▲
Transfer to equity691/2€33k€67k▲
To other reserves6921€33k€67k▲
Profit to be distributed694/7€78k€150k▲
Return on contributions (dividend)694€78k€150k▲
Social balance
Average headcount (FTE)90874.13.2▼
The notes to these accounts (17 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
15-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Weakest financial yearnet €32k ▼61.9%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Equity above €500kEq €547k ▲20.8%
4 profitable years in a row build equity to €547k.
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Highest result since 2019net €153k ▲54.3%
Operating result €214k, net result €153k, both a record.
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Raeren · 1 establishment unit since 1986
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.
Pützhag 184730 Raeren1 establishment unit
ROBERT RADERMACHER AG
since 19862.037.045.827
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Of 738 companies in sector 23700 we hold annual accounts for 491. 396 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-04-1986
Fiscal year end30-06
Activities, NACEBEL
23700Cutting, shaping and finishing of stone
26700
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
47784Retail sale of souvenirs and religious articles
47786Retail trade
51532
52461
52497
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filings
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.