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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Figures corrected NBB
Corrected annual account filed for 2023.
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Busy address KBO
59 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
RAD Equestrian from Watermaal-Bosvoorde, company number BE0773830564, closed financial year 2025 with a result of € 215,781 after tax. For that financial year RAD Equestrian recorded a gross margin of € 227,512 and equity of € -397,872. Compared with financial year 2024, the result moved from € -86,734 to € 215,781. Profitable, and profit is growing. 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 7, 2026.
€ -397,872
▲ € 215,781 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 215,781
▲ still € 86,734 loss in 2024
Profit after tax over the fiscal year.
€ 226,151
▲ 131% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -400,872.
People and assets in 2025
€ 31,145
▼ 27% vs 2024
Of which on lease € 31,145.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10,610
▼ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -233,315 | € 69,511 | € -70,564 | € 227,512 | ▲ € 298,077 |
| Profit after taxes | € -234,891 | € -295,029 | € -86,734 | € 215,781 | ▲ € 302,515 |
| Equity | € -231,891 | € -526,920 | € -613,654 | € -397,872 | ▲ € 215,781 |
| Total debts | € 866,657 | € 1,029,943 | € 977,397 | € 960,510 | ▼ 2% |
| Cash | € 61,394 | € 22,396 | € 97,969 | € 226,151 | ▲ 131% |
| Retained profit | € -234,891 | € -529,920 | € -616,654 | € -400,872 | ▲ € 215,781 |
| Balance sheet total | € 634,767 | € 503,023 | € 363,744 | € 562,637 | ▲ 55% |
Key figures of RAD Equestrian, 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 RAD Equestrian?
What happened at RAD Equestrian in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 215,781. filed late Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 234,891 loss in 2022 to € 215,781 profit in 2025.
Best year ever: 2025, with € 215,781 profit.
Management
Behind RAD Equestrian is Elias EL MRABET. Elias EL MRABET is also behind Elite Group.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 185
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 59 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0773.830.564
- VAT number
- BE 0773.830.564
- Registered office
- Terhulpsesteenweg 185, 1170 Watermaal-Bosvoorde
- Names & denominations
- RAD Equestrian
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 2021
- Peppol
- Active · Active since 1 Dec 2025
- Activities · NACE
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