RADHAKRISHAN
ActiveThe computed 12-month bankruptcy probability of RADHAKRISHAN is 2.1% (moderate). The 2024 annual accounts show equity of €19k and a net result of €5k. Equity is growing by ~31.5% per year across the filed fiscal years. Its solvency ranks better than 30% of 26056 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
63
/ 100
Healthy▲ +12 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency18▲+1
Growth84=
Stability100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 0.93 in 2023), and 90.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
9.3%
Return on assets
2.5%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
114 d late
2022
41 d late
2021
12 d early
2020
11 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€404k▲ 11.2%
2021 · €363k
2020: €283k
2021: €363k
2020 → 2022
EBIT margin
-0.2%▲ 2.5pp
2021 · -2.6%
2020: 1.5%
2021: -2.6%
2020 → 2022
Net result
€5k▼ 52.3%
2023 · €10k
2020: €4k
2021: €-2k
2022: €-1k
2023: €10k
2020 → 2024
Working capital
€1k
2023 · €-8k
2020: €-25k
2021: €-24k
2022: €-22k
2023: €-8k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€283k-€363k▲ 28.3%€404k▲ 11.2%
Equity€7k-€5k▼ 33.5%€3k▼ 28.2%€14k▲ 305%€19k▲ 35.9%
Operating result€4k-€-10k€-633▲ 93.4%€14k€9k▼ 34.2%
Net result€4k-€-2k€-1k▲ 44.0%€10k€5k▼ 52.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 34% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €200k
Fixed assets
€18k▼ 17.2%
Current assets
€182k▲ 80.4%
Equity and liabilities €200k
Equity
€19k▲ 35.9%
Debt
€181k▲ 66.7%
The debt ratio rises from 88.8% to 90.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€13k▼
2023 · €18k
Cash flow
€9k▼
2023 · €14k
Solvency
9.3%▼
2023 · 11.2%
Current ratio
1.01▲
2023 · 0.93
Quick ratio
0.67▲
2023 · 0.36
Debt / equity
9.71▲
2023 · 7.92
ROE
26.4%▼
2023 · 75.3%
ROA
2.5%▼
2023 · 8.4%
Interest coverage
4.56▼
2023 · 37.91
Debt
€181k▲
2023 · €109k
Debt ≤ 1 year
€181k▲
2023 · €109k
Income taxes
€2k▼
2023 · €4k
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€122k€200k▲
Formation expenses20€226€43▼
Fixed assets21/28€21k€18k▼
Intangible fixed assets21€21k€18k▼
Tangible fixed assets22/27€135€0▼
Plant, machinery and equipment23€135€0▼
Current assets29/58€101k€182k▲
Stocks and contracts in progress3€62k€60k▼
Stocks30/36€62k€60k▼
Amounts receivable within one year40/41€14k€89k▲
Trade receivables40-€64k
Other amounts receivable41€14k€25k▲
Cash at bank and in hand54/58€25k€33k▲
Deferred charges and accrued income490/1-€233
Equity and liabilities
Total equity and liabilities10/49€122k€200k▲
Equity10/15€14k€19k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€11k€16k▲
Amounts payable17/49€109k€181k▲
Amounts payable within one year42/48€109k€181k▲
Trade debts44€27k€85k▲
Suppliers440/4€27k€85k▲
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9-€0
Other amounts payable47/48€78k€91k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€450-
Gross operating margin9900€21k€15k▼
Operating profit (loss)9901€14k€9k▼
Financial income75/76B€0€45▲
Recurring financial income75€0€45▲
Financial charges65/66B€480€3k▲
Recurring financial charges65€480€3k▲
Profit (loss) for the period before taxes9903€14k€7k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€10k€5k▼
Profit (loss) for the period to be appropriated9905€10k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€16k▲
Profit (loss) brought forward from the previous period14P€388€11k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 114 days late
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
10-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 41 days late
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-2k ▼158%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Soignies · 1 establishment unit since 2020
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.
Rue de Mons 337060 SoigniesGround area
127 m²
Building footprint
111 m²
Volume, LiDAR
1,199 m³
Parcel 55402F0486/00D000, Wallonia · tallest building 14.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RADHAKRISHAN
since 20202.299.904.741
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55402F0486/00D000 | Wallonia | 127 m² | 1 · 111 m² | 14.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NORD SUD ALIMENTATION
BE 0800.031.848
Zaventem · Eq €19k
Nassau 31
BE 0633.890.545
Gent · Eq €19k
SAI
BE 0810.163.794
Antwerpen · Eq €19k
AFIGHLIN
BE 0638.889.807
Cerfontaine · Eq €19k
SADIQ SERVICES
BE 0480.271.150
Antwerpen · Eq €19k
Of 10,410 companies in sector 47110 we hold annual accounts for 5,787. 4,040 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2020
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47251Retail sale of wines and spirits
47260Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.