ACTIVE

RADCO

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

17 k €

-90.8% YoY

Gross margin

759,5 k €

-28.6% YoY

Equity

3,6 M €

+0.5% YoY

Workforce

13,5 ETP

-8.8% YoY

What does RADCO do?

RADCO is a Public limited company incorporated in 1992. Its main activity is: Manufacture of other builders' carpentry and joinery. Its registered office is in Mouscron. It employs on average 13,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.896.618

Incorporation

20/03/1992

Legal form

Public limited company

Registered office

Rue du Malgré-Tout 50
7700 Mouscron · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2024

Average workforce

13,5 ETP

Activities (NACE)

16230Manufacture of other builders' carpentry and joinery· main 16230Manufacture of other builders' carpentry and joinery 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 22230Manufacture of builders’ ware of plastic 22240Manufacture of plastic products 25230Manufacture of tanks, reservoirs and containers of metal+6

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	759,5 k €	-28.6%	1,1 M €	+24.6%	854,1 k €	-4.2%	891,7 k €	+57.0%	568 k €	-10.6%	635,5 k €	-26.5%	864,7 k €	+7.2%	806,9 k €	-3.4%	835,5 k €	-3.8%	868,7 k €	-27.1%	1,2 M €	+0.4%	1,2 M €	-14.5%	1,4 M €	+2.6%	1,4 M €	-16.0%	1,6 M €	+10.0%	1,5 M €	+19.2%	1,2 M €	+8.5%	1,1 M €	+42.4%	793,7 k €
EBITDA	86,7 k €	-77.5%	386 k €	+164%	146 k €	-5.9%	155,2 k €	+189%	53,7 k €	+1.2%	53 k €	-73.7%	201,7 k €	+33.3%	151,3 k €	-35.7%	235,3 k €	+7.3%	219,4 k €	+9.6%	200,2 k €	+180%	71,6 k €	-79.8%	354,5 k €	-35.8%	552,4 k €	-37.0%	876,2 k €	+20.7%	725,6 k €	+40.2%	517,5 k €	+0.8%	513,3 k €	+129%	224 k €
Operating result	37,2 k €	-86.8%	282,3 k €	+284%	73,5 k €	+4.8%	70,1 k €	+1104%	-7 k €	-668%	1,2 k €	-59.7%	3 k €	-84.0%	19,1 k €	-31.7%	28 k €	+120%	12,7 k €	+181%	-15,8 k €	+12.9%	-18,1 k €	-107%	257,6 k €	-18.8%	317,2 k €	-50.8%	645,4 k €	+32.5%	487,1 k €	+27.9%	381 k €	+22.3%	311,5 k €	+343%	70,3 k €
Net result	17 k €	-90.8%	184,8 k €	+317%	44,3 k €	-32.7%	65,8 k €	+684%	8,4 k €	-63.7%	23,1 k €	+396%	4,7 k €	+137%	2 k €	-61.2%	5,1 k €	+521%	816,3 €	-93.5%	12,6 k €	-76.8%	54,4 k €	-76.2%	228,9 k €	-13.5%	264,6 k €	-47.1%	500 k €	+28.9%	388 k €	+25.4%	309,3 k €	+14.2%	270,9 k €	+230%	82,1 k €
Balance sheet
Equity	3,6 M €	+0.5%	3,6 M €	+5.4%	3,4 M €	+1.3%	3,4 M €	+2.0%	3,3 M €	+0.3%	3,3 M €	+0.7%	3,3 M €	+0.1%	3,3 M €	+0.0%	3,3 M €	+0.1%	3,3 M €	+0.0%	3,3 M €	+0.4%	3,3 M €	+1.7%	3,2 M €	+7.6%	3 M €	+9.5%	2,7 M €	+22.0%	2,2 M €	+20.7%	1,8 M €	+19.3%	1,5 M €	+20.3%	1,3 M €
Total assets	5,6 M €	-2.0%	5,7 M €	-6.1%	6,1 M €	+2.7%	5,9 M €	+14.3%	5,2 M €	-0.3%	5,2 M €	+8.0%	4,8 M €	-8.0%	5,2 M €	+5.4%	5 M €	+2.6%	4,8 M €	-0.2%	4,9 M €	+1.6%	4,8 M €	+16.6%	4,1 M €	+5.0%	3,9 M €	+11.7%	3,5 M €	+18.8%	2,9 M €	+13.7%	2,6 M €	+12.8%	2,3 M €	+12.0%	2 M €
Cash	194,3 k €	-39.6%	321,7 k €	+86.2%	172,8 k €	-42.1%	298,1 k €	-9.6%	330 k €	-2.7%	339,2 k €	-8.8%	371,8 k €	+95.9%	189,7 k €	+0.9%	188 k €	-12.0%	213,7 k €	-14.8%	250,8 k €	-13.6%	290,4 k €	-55.0%	645,4 k €	-30.9%	933,9 k €	-5.9%	992,9 k €	+29.5%	766,8 k €	+161%	293,9 k €	+23.6%	237,7 k €	-7.1%	255,8 k €
Debts	2 M €	-6.2%	2,1 M €	-20.4%	2,6 M €	+3.7%	2,6 M €	+35.9%	1,9 M €	-1.4%	1,9 M €	+30.7%	1,5 M €	-22.0%	1,9 M €	+10.2%	1,7 M €	+7.7%	1,6 M €	-0.7%	1,6 M €	+4.3%	1,5 M €	+69.7%	897,1 k €	-3.0%	924,8 k €	+19.9%	771,2 k €	+9.6%	703,3 k €	-3.4%	728 k €	+0.1%	727,5 k €	-1.1%	735,9 k €
Other
Workforce	13,5 ETP	-8.8%	14,8 ETP	-4.5%	15,5 ETP	+7.6%	14,4 ETP	+28.6%	11,2 ETP	-14.5%	13,1 ETP	-12.1%	14,9 ETP	-6.9%	16,0 ETP	+12.7%	14,2 ETP	-12.3%	16,2 ETP	-35.2%	25,0 ETP	-11.0%	28,1 ETP	+14.2%	24,6 ETP	+13.9%	21,6 ETP	+3.3%	20,9 ETP	-0.5%	21,0 ETP	+21.4%	17,3 ETP	+6.1%	16,3 ETP	-7.4%	17,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 28 ended

Active mandates

Anita Meurisse

Director · since 15 décembre 2023 · until 14 décembre 2029

Active

Bart Steenhoudt

Managing director · since 15 décembre 2023 · until 14 décembre 2029

Active

Karel Steenhoudt

Director · since 15 décembre 2023 · until 14 décembre 2029

Active

Stijn Steenhoudt

Director · since 15 décembre 2023 · until 14 décembre 2029

Active

Ended mandates

Anita (2019) Meurisse

Director

Ended

Anita (2025) Meurisse

Director

Ended

Anita (AV 2013) Meurisse

Director

Ended

Anita (AV 2019) Meurisse

Director

Ended

At this address

Other companies at this address

Company	CBE no.
AL. RADCO● Active	0465.609.896

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	30/09/2024	10/10/2023	18/10/2022	27/10/2021	08/10/2020
General meeting	20/09/2025	14/09/2024	06/10/2023	07/10/2022	02/10/2021	29/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	20/09/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	14/09/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	06/10/2023	10/10/2023	Dutch	PDF
Abridged model	31/12/2021	07/10/2022	18/10/2022	Dutch	PDF
Abridged model	31/12/2020	02/10/2021	27/10/2021	Dutch	PDF
Abridged model	31/12/2019	29/09/2020	08/10/2020	Dutch	PDF
Abridged model	31/12/2018	21/09/2019	01/10/2019	Dutch	PDF
Abridged model	31/12/2017	18/08/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	19/08/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	20/08/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	25/08/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	26/08/2014	30/08/2014	Dutch	PDF
Abridged model	31/12/2012	18/03/2013	31/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/08/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/08/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	27/08/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	27/08/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	25/08/2008	31/08/2008	Dutch	PDF
Abridged model	31/12/2006	27/08/2007	31/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 28 ended

Active mandates

Anita Meurisse

Director · since 15 décembre 2023 · until 14 décembre 2029

Active

Bart Steenhoudt

Managing director · since 15 décembre 2023 · until 14 décembre 2029

Active

Karel Steenhoudt

Director · since 15 décembre 2023 · until 14 décembre 2029

Active

Stijn Steenhoudt

Director · since 15 décembre 2023 · until 14 décembre 2029

Active

Ended mandates

Anita (2019) Meurisse

Director

Ended

Anita (2025) Meurisse

Director

Ended

Anita (AV 2013) Meurisse

Director

Ended

Anita (AV 2019) Meurisse

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates07/02/2022
DEMISSIONS, NOMINATIONS
PDF
Other12/04/2021
OBJET
PDF
Mandates04/10/2013
DEMISSIONS, NOMINATIONS
PDF
Registered office16/02/2012
SIEGE SOCIAL
PDF
Capital / shares23/01/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates06/11/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates16/10/2007
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 202417 k €↓
2023
Annual accounts 2023184,8 k €↑
2022
Annual accounts 202244,3 k €↓
2021
Annual accounts 202165,8 k €↑
2020
Annual accounts 20208,4 k €↓
2019
Annual accounts 201923,1 k €↑
2018
Annual accounts 20184,7 k €↑
2017
Annual accounts 20172 k €↓
2016
Annual accounts 20165,1 k €↑
2015
Annual accounts 2015816,3 €↓
2014
Annual accounts 201412,6 k €↓
2013
Annual accounts 201354,4 k €↓
2012
Annual accounts 2012228,9 k €↓
2011
Annual accounts 2011264,6 k €↓
2010
Annual accounts 2010500 k €↑
2009
Annual accounts 2009388 k €↑
2008
Annual accounts 2008309,3 k €↑
2007
Annual accounts 2007270,9 k €↑
2006
Annual accounts 200682,1 k €
20/03/1992
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

RADCO

Overview

What does RADCO do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline