Financials
Financial year 2025
Radar from Ternat, company number BE0445200702, closed financial year 2025 with a result of € 83,089 after tax. For that financial year Radar recorded a gross margin of € 1.7 million and equity of € 989,605. Compared with financial year 2024, the result moved from € 130,462 to € 83,089. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ 989,605
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 83,089
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
19.7
▲ 3.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 13% vs 2024
€ 70,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 23,894
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 63,423
▼ 10% vs 2024
€ 6,902 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 17,672
▲ € 14,505 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 237,230
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,099,612 | € 1,221,553 | € 1,480,032 | € 1,725,796 | ▲ 17% |
| Profit after taxes | € 10,427 | € 122,577 | € 130,462 | € 83,089 | ▼ 36% |
| Equity | € 659,280 | € 779,922 | € 908,450 | € 989,605 | ▲ 9% |
| Total debts | € 373,847 | € 510,178 | € 1,067,495 | € 510,012 | ▼ 52% |
| Cash | € 450,472 | € 644,550 | € 1,052,838 | € 1,008,091 | ▼ 4% |
| Land & buildings | € 371,410 | € 364,813 | € 366,622 | € 388,951 | ▲ 6% |
| Retained profit | € 610,000 | € 732,577 | € 863,038 | € 946,127 | ▲ 10% |
| Bank debt | € 83,300 | € 76,809 | € 70,184 | € 63,423 | ▼ 10% |
| Balance sheet total | € 1,066,651 | € 1,301,880 | € 2,067,724 | € 1,826,396 | ▼ 12% |
| Employees (FTE) | 14.8 | 15.1 | 16.3 | 19.7 | ▲ 3.4 |
Key figures of Radar, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Radar?
What happened at Radar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 83,089 (▼ 36% vs 2024). Source: NBB ↗
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,427 profit in 2022 to € 83,089 profit in 2025.
Best year ever: 2024, with € 130,462 profit.
On average € 87,600 of value added per employee in 2025.
Management
Behind Radar are Els VAN EECKHOUDT, Geert CROES, Vera VERBEKEN and Madeleine LIMBOURG.
Directors
According to the 2025 annual accounts
Els VAN EECKHOUDT
Director
Geert CROES
Director
Vera VERBEKEN
Director
Madeleine LIMBOURG
Director
Establishments
Establishment units
Physical locations of this company
Statiestraat 8
1740 Ternat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.200.702
- VAT number
- BE 0445.200.702
- Registered office
- Statiestraat 8, 1740 Ternat
- Names & denominations
- Radar
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 12 February 1991
- Peppol
- Active · Active since 25 Jun 2025
- Activities · NACE
Andere vormen van maatschappelijke dienstverlening zonder huisvesting, neg
Overige maatschappelijke dienstverlening zonder huisvesting, n.e.g.