Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RADES from Gent, company number BE0699460862, closed financial year 2025 with a result of € 297,866 after tax. For that financial year RADES recorded a gross margin of € 428,651 and equity of € 20,623. Compared with financial year 2024, the result moved from € 227,223 to € 297,866. Profitable, and profit is growing. The buffer shrank hard: equity is 96 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 19, 2026.
€ 20,623
▼ 96% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 297,866
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 86,192
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 852,500 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,082
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,342
▼ 13% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 143,596 | € 198,095 | € 342,480 | € 428,651 | ▲ 25% |
| Profit after taxes | € 84,569 | € 124,598 | € 227,223 | € 297,866 | ▲ 31% |
| Equity | € 223,436 | € 348,034 | € 575,257 | € 20,623 | ▼ 96% |
| Total debts | € 167,300 | € 109,397 | € 120,284 | € 329,255 | ▲ 174% |
| Cash | € 119,776 | € 192,971 | € 414,186 | € 86,192 | ▼ 79% |
| Retained profit | € 204,836 | € 329,434 | € 556,657 | € 2,023 | ▼ € 554,634 |
| Dividend | € 0 | € 0 | € 0 | € 852,500 | |
| Bank debt | € 123,032 | € 81,209 | € 39,012 | € 0 | ▼ 100% |
| Balance sheet total | € 390,736 | € 457,431 | € 695,541 | € 349,878 | ▼ 50% |
Key figures of RADES, 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 RADES?
What happened at RADES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 297,866 (▲ 31% vs 2024). Source: NBB ↗
- New establishment in Lokeren. KBO
- Eva Schollaert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 84,569 profit in 2022 to € 297,866 profit in 2025.
Paid € 228,805 in corporate taxes since 2022.
Best year ever: 2025, with € 297,866 profit.
Paid out € 852,500 in dividends to the owners in total.
Management
Behind RADES is Eva Schollaert.
Directors
According to the 2025 annual accounts
Eva Schollaert
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Karel van de Woestijnestraat 9
9000 Gent
Lepelstraat 2
9160 Lokeren
Active since 2 July 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0699.460.862
- VAT number
- BE 0699.460.862
- Registered office
- Karel van de Woestijnestraat 9, 9000 Gent
- Names & denominations
- RADES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2018
- Peppol
- Active · Active since 21 Oct 2026