OPTIMIZED RADIOCHEMICAL APPLICATIONS

Active

Private limited companyfounded 2006active for 20 yearsRue de la Salette(NEU) 15, 5600 Philippeville, BelgiumKBO/BCE: BE 0880.939.350

Summary

OPTIMIZED RADIOCHEMICAL APPLICATIONS has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.0m and a net result of €413,433. Equity is growing by about 16% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

OPTIMIZED RADIOCHEMICAL APPLICATIONSActiveChecked score 96/100

Risk analysis Report Compare

Activity

Manufacture of medical and dental instruments and supplies

NACE 32500Engineering and related technical consultancy, excluding land surveyors NACE 71121

2nd largest company by total assets in the province of Namur, Other manufacturing sector1 site

Size

€6.4mtotal assets 2024

Staff: 9.5 FTE
Equity: €4.0m
Profit: €413,433

Financial health

96 Excellent Checked score 2024

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Parent: Ion Beam Applications · 100%

Auditor: PwC Reviseurs d'Entreprises2025 accounts 4 days early3 of 8 deeds summarised

Why 96raises riskFigures for financial year 2024 (filed 23-06-2025)lowers riskLiquidity: current ratio 3.07, cash €2.1mFounded in 2006Size: 9.5 FTE, total assets €6.4mShow the evidence

Checked score

Score 2024

96 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 66% of its sector peers (NACE 32, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 86+2

equity 61.5% of total assets

Liquidity 78+29

short-term debt 32.2% · cash 33.1%

Profitability 77-5

return on assets 6.4%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,142 companies, NACE 32, micro)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value

Credit of up to €370,000 on 30-day terms is acceptable

Liquidity ample (current ratio 3.07, compared with 3.08 in 2023, above the usual 1.5; short-term debt: 32.2% and cash: 33.1% of total assets), and 38.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 32, micro): better than 67% on solvency, 77% on liquidity, 57% on profitability and 61% on growth.

The bankruptcy probability was computed on 26-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 3.07, cash €2.1m

NBB · annual accounts

Figures for financial year 2024 (filed 23-06-2025)

NBB · annual accounts

Founded in 2006

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Size: 9.5 FTE, total assets €6.4m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

4 days early

2024

40 days early

2023

6 days late

2022

30 days late

2021

31 days late

2020

9 days early

2019

116 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days after the deadline; the sector median (NACE 32) for financial year 2024 is 2 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 August (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

27-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
28-05-2026 Appointment: PwC Reviseurs d'Entreprises (statutory auditor)Permanent representative: Gaëtan Roy
03-02-2026 Resignation: Vincent Tadino (director)Appointments: Charles Kumps, Catherine Vandenborre…

Key points

Positive: 2nd largest company by total assets in the province of Namur, Other…in the Checked rankings No. 2 View
Board changedlatest change 03-02-2026 · 3 in office 3 joined · 1 left View
Controlled by Ion Beam Applications 100% View
Caution: Result fell in 2024from €652,152 to €413,433 ▼ 36.6% View
Positive: 5 profitable years in a rowprofit 2024: €413,433 5 years View

By topic

Financials

Financial year: 2024
Total assets: €6.4m
Profit: €413,433
Solvency: 61.5%

Total assets▲ 7.8%

Net result

20182024

Go to Financials

Board & ownership

Board: 3 members
Parent: Ion Beam Applications · 100%
Auditor: PwC Reviseurs d'Entreprises

Catherine VandenborreDirector
Charles KumpsDirector
Henri de RomréeDirector

Go to Board & ownership

Timeline

Events: 26
Since: 2008
Next accounts: by 31-07-2027

21-06-2025Annual accounts filed
06-08-2024Annual accounts filed
31-12-2023Highest result from 2018 to 2024

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Manufacture of medical and dental instruments and suppliesNACE 32500
Founded: 26-04-2006
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 24

Annual meeting: First Monday of June at 18:30

Go to Articles of association

Key facts about OPTIMIZED RADIOCHEMICAL APPLICATIONS

What is the company number of OPTIMIZED RADIOCHEMICAL APPLICATIONS?: 0880.939.350. In Belgium the VAT number is the company number with BE in front: BE 0880.939.350.
Where is OPTIMIZED RADIOCHEMICAL APPLICATIONS based?: The registered office is at Rue de la Salette(NEU) 15, 5600 Philippeville.Company details
What does OPTIMIZED RADIOCHEMICAL APPLICATIONS do?: According to the KBO register, the main activity is manufacture of medical and dental instruments and supplies (NACE 32500).
What is the legal form of OPTIMIZED RADIOCHEMICAL APPLICATIONS?: Private limited company (BV).
When was OPTIMIZED RADIOCHEMICAL APPLICATIONS founded?: On 26-04-2006.
Is OPTIMIZED RADIOCHEMICAL APPLICATIONS still active?: Yes, OPTIMIZED RADIOCHEMICAL APPLICATIONS is an active enterprise in the KBO register.
How many employees does OPTIMIZED RADIOCHEMICAL APPLICATIONS have?: On average 9.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of OPTIMIZED RADIOCHEMICAL APPLICATIONS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is OPTIMIZED RADIOCHEMICAL APPLICATIONS profitable?: In financial year 2024, OPTIMIZED RADIOCHEMICAL APPLICATIONS made a profit of €413,433.
Where can I find the annual accounts of OPTIMIZED RADIOCHEMICAL APPLICATIONS?: OPTIMIZED RADIOCHEMICAL APPLICATIONS filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of OPTIMIZED RADIOCHEMICAL APPLICATIONS due?: By 31-07-2027, for financial year 2026.Timeline