OPENING OF BANKRUPTCY

RADO

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Financial year 2020 · closed on 31/12/2020
Net result
4,9 k €
-53.8% YoY
Gross margin
6,6 k €
-71.6% YoY
Equity
32,7 k €
+17.8% YoY

Company — Opening of bankruptcy.

What does RADO do?

RADO is a Cooperative company with limited liability incorporated in 2015. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Forest.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0631.962.027
Incorporation
12/06/2015
Legal form
Cooperative company with limited liability
Registered office
Rue Saint-Denis 112
1190 Forest · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2020
Activities (NACE)
43240Electrical, plumbing and other construction installation activities· main43299Other construction installation43230Electrical, plumbing and other construction installation activities43291Other construction installation43422Specialised construction activities43996Other specialised construction activities n.e.c.+4
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20202019201820172016
Income statement
Gross margin6,6 k €23,1 k €39,2 k €42 k €20,3 k €
EBITDA5 k €22,7 k €37,9 k €41,8 k €18,5 k €
Operating result1,2 k €12,6 k €3,5 k €5 k €10,8 k €
Net result4,9 k €10,7 k €-2,1 k €3,8 k €9,2 k €
Balance sheet
Equity32,7 k €27,7 k €17 k €19,1 k €15,4 k €
Total assets114,4 k €140,5 k €93,5 k €114,8 k €107,1 k €
Cash41,2 k €51,8 k €14,9 k €29 k €27,6 k €
Debts81,7 k €112,8 k €76,5 k €95,7 k €91,8 k €
Governance

Board of directors

Seen on filing of 31/12/2020 · 1 active

Active mandates

RADU PANAITE

Manager

Active
At this address

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Annual accounts

Full financial information

20202019201820172016
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202001/01/201901/01/201801/01/201708/06/2015
Closing of the financial year31/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months19 months
Filing date30/11/202124/11/202027/09/201922/09/201808/08/2017
General meeting29/11/202117/11/202027/09/201903/05/201804/05/2017
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202029/11/202130/11/2021FrenchPDF
Micro model31/12/201917/11/202024/11/2020FrenchPDF
Micro model31/12/201827/09/201927/09/2019FrenchPDF
Micro model31/12/201703/05/201822/09/2018FrenchPDF
Abridged model31/12/201604/05/201708/08/2017FrenchPDF
Estimate

Indicative valuation

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.

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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 31/12/2020 · 1 active

Active mandates

RADU PANAITE

Manager

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/12/2015
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office03/11/2015
    SIEGE SOCIAL
    PDF
  • Other16/06/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2020
    Annual accounts 20204,9 k €↓
  2. 2019
    Annual accounts 201910,7 k €↑
  3. 2018
    Annual accounts 2018-2,1 k €↓
  4. 2017
    Annual accounts 20173,8 k €↓
  5. 2016
    Annual accounts 20169,2 k €
  6. 12/06/2015
    IncorporationCooperative company with limited liability