Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2024; threshold 65 %.
-
Figures corrected NBB
Corrected annual account filed for 2023.
-
Late annual account NBB
Fiscal year 2024 was filed 445 days after the legal deadline.
Financials
Financial year 2024
RADIANCE BELGIUM from Schoten, company number BE0536830662, closed financial year 2024 with a result of € -8.4 million after tax. For that financial year RADIANCE BELGIUM recorded a gross margin of € -3 million and equity of € -6.4 million. Compared with financial year 2023, the result moved from € -2.5 million to € -8.4 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 19, 2026.
€ -6.4 million
▼ € 4.5 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8.4 million
▼ 230 % more loss than in 2023
Profit after tax over the fiscal year.
€ 145,727
▼ 68% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12.7 million.
People and assets in 2024
8.2
▼ 2.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 61% vs 2023
€ 232,500 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.
€ 103,060
▼ 7% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 3.2 million
▲ 98% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 217,748
▲ 253% vs 2023
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € -1,195,841 | € -2,974,339 | ▼ € 1.8 million |
| Profit after taxes | € -2,547,531 | € -8,417,372 | ▼ € 5.9 million |
| Equity | € -1,974,239 | € -6,441,032 | ▼ € 4.5 million |
| Total debts | € 5,021,239 | € 6,526,083 | ▲ 30% |
| Cash | € 457,391 | € 145,727 | ▼ 68% |
| Retained profit | € -4,221,768 | € -12,688,608 | ▼ € 8.5 million |
| Balance sheet total | € 3,166,778 | € 2,954,331 | ▼ 7% |
| Employees (FTE) | 10.7 | 8.2 | ▼ 2.5 |
Key figures of RADIANCE BELGIUM, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to RADIANCE BELGIUM?
What happened at RADIANCE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 8.4 million. filed late Source: NBB ↗
- Ikaros Solar NV became a director. NBB
- New establishment in Schoten. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.5 million loss in 2023 to € 8.4 million loss in 2024.
Paid € 36 in corporate taxes since 2023.
Management
The stake of RADIANCE ENERGY, S.A. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RADIANCE BELGIUMBehind RADIANCE BELGIUM is Ikaros Solar NV. The shares are held by RADIANCE ENERGY, S.A. (100%).
Directors
According to the 2024 annual accounts
Managing director, Director · represented by Jean-Marc Bazenet, Jasandra Nyker
since 2023
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Metropoolstraat 30/32A
2900 Schoten
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
INFOMANIAK-AS, CH
Domain
Domain
radiance-energy.eu
Registrar
Key-Systems GmbH
Website info
Features
Security
Network
Details
- Company number
- 0536.830.662
- VAT number
- BE 0536.830.662
- Registered office
- Metropoolstraat 30/32A, 2900 Schoten
- Names & denominations
- RADIANCE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 2013
- Peppol
- Active · Active since 18 Jun 2026
- Contact
- radiance-energy.eu
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Algemene elektrotechnische installatiewerken
Groothandel in installatiemateriaal voor loodgieterswerk en verwarming
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Installatie van industriële machines, toestellen en werktuigen
Niet-gespecialiseerde groothandel
Reparatie en onderhoud van consumentenartikelen, neg
Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts
+5