RADA
The computed 12-month bankruptcy probability of RADA is 0.1% (very low). The 2024 annual accounts show equity of €76k and a net result of €8k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 22% of 4818 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €76k |
| Net result | €8k |
| Better than sector | 22% |
| Active | 18 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 28.3% | 61.0% | |
| Net result | €8k | €34k | |
| Equity | €76k | €59k | |
| Gross operating margin | €34k | €56k | |
| Staff costs | €6k | €29k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €23k |
| Net profit | €8k |
| Cash flow | €21k |
| Staff costs | €6k |
| Income taxes | - |
| Dividends | - |
| Total assets | €267k |
| Equity | €76k |
| Debt | €191k |
| of which ≤ 1y | €191k |
| of which > 1y | - |
| Working capital | €23k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.12 |
| Quick ratio | 1.12 |
| Working capital ratio | 8.7% |
| Solvency | 28.3% |
| Debt / equity | 2.53 |
| Long-term debt ratio | - |
| Interest coverage | 11.58 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.0% |
| ROE | 10.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €267k |
| Fixed assets | 21/28 | €52k |
| Tangible fixed assets | 22/27 | €52k |
| Current assets | 29/58 | €215k |
| Amounts receivable within one year | 40/41 | €176k |
| Cash & bank | 54/58 | €39k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €267k |
| Equity | 10/15 | €76k |
| Contributions / capital | 10/11 | €24k |
| Reserves | 13 | €52k |
| Amounts payable | 17/49 | €191k |
| Amounts payable within one year | 42/48 | €191k |
| Trade debts payable within one year | 44 | €184k |
| Income statement | ||
| Gross operating margin | 9900 | €34k |
| Operating result | 9901 | €10k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €8k |
| Net result for the period | 9904 | €8k |
| Result to be appropriated | 9905 | €8k |
| NACE primary | Activiteiten van advocaten(69101) |
| Legal form | Private limited company(610) |
| Incorporation | 20-03-2008 |
| Status | Active |
| Postal code | 1930 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0098/00M000 | Flanders | 2.1 ha | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-07-2025 LAURENSSE Guido Oscar Germaine reappointed as director
- LAURENSSE Guido Oscar Germaine, Bestuurder
Technical details
{
"events": [
{
"kind": "substantive_delegation",
"role": "dagelijks_bestuur",
"person": null,
"reason": null,
"subkind": null,
"via_org": {
"kbo": "0861.270.522",
"name": "BTV Accountancy",
"address": "Provinciale Steenweg 360, 2627 Schelle",
"country": "BE",
"legal_form": null
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Volmacht: aan de besloten vennootschap BTV Accountancy, met zetel te 2627 Schelle, Provinciale Steenweg 360, ondernemingsnummer 0861.270.522, alsook haar aangestelden, aan wie de macht is gegeven alle formaliteiten te vervullen en documenten te ondertekenen met het oog op de wijziging/verbetering va",
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},
{
"kind": "mandate_confirmation",
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"person": {
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"name": "LAURENSSE Guido Oscar Germaine",
"address": "2018 Antwerpen, Van Putlei 53 bus 3",
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"evidence_quote": "Bevestiging mandaat bestuurder: bevestiging van het mandaat als bestuurder van de heer LAURENSSE Guido Oscar Germaine, wonend te 2018 Antwerpen, Van Putlei 53 bus 3.",
"decharge_status": null,
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}
],
"notary": {
"name": "Thomas Goossens",
"firm_city": null,
"firm_name": null,
"office_city": "Niel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-07-09",
"filing_date": "2025-07-06",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2025-06-12",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0896.603.563",
"name_full": "RADA",
"legal_form": "Co\u00F6peratieve vennootschap met beperkte aansprakelijkheid"
},
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},
"co_filed_documents": [
"verslag van het bestuursorgaan"
],
"corrected_publication_numac": null
}06-12-2024 Registered office moved from Brussel to Zaventem
- Louizalaan 174 bus 8, 1050 Brussel → Da Vincilaan 2 bus 231 te 1930 Zaventem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Da Vincilaan 2 bus 231 te 1930 Zaventem",
"city": "Zaventem",
"region": "vlaams_gewest",
"street": "Da Vincilaan",
"country": "BE",
"postcode": "1930",
"box_number": "231",
"street_number": "2",
"locality_suffix": null
},
"old_address": {
"raw": "Louizalaan 174 bus 8, 1050 Brussel",
"city": "Brussel",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Louizalaan",
"country": "BE",
"postcode": "1050",
"box_number": "8",
"street_number": "174",
"locality_suffix": null
},
"effective_date": "2024-07-01",
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-12-06",
"filing_date": "2024-11-28",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2024-11-28",
"unanimous": null
},
"subject_company": {
"kbo": "0896.603.563",
"name_full": null,
"legal_form": "Co\u00F6peratieve vennootschap met beperkte aansprakelijkheid",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Guido Laurensse",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": []
}| Legal nameNL | RADA |