ACTIVE

VITRAAG

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Financial year 2020 · Closed on 31/12/2020

Net result1,5 M €+1 863,9 %over 1 year
Revenue27,5 M €-57,6 %over 1 year
Equity32,3 M €+40,7 %over 1 year
Workforce1,7 ETP+70,0 %over 1 year

Identity

Source · BCE/KBO

VITRAAG is a Private limited company incorporated in 1987. Its registered office is in Antwerpen. It employs on average 1,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0432.303.066
Incorporation
15/10/1987
Legal form
Private limited company
Registered office
Hoveniersstraat 30 box 33
2018 Antwerpen · FlandreSee on map
Contributed capital
23 106 792,29 €
Latest accounts
31/12/2020
Average workforce
1,7 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 9 financial years

20202014201320122011
Income statement
Revenue27,5 M €64,9 M €55,2 M €42,1 M €93,7 M €
EBITDA2,5 M €631,7 k €253,4 k €391,9 k €480 k €
Operating result2,3 M €604,6 k €231,5 k €353,7 k €159,7 k €
Net result1,5 M €75,8 k €-184,3 k €6,7 k €-223,9 k €
Balance sheet
Equity32,3 M €22,9 M €22,9 M €22,9 M €22,9 M €
Total assets51,8 M €40,4 M €48,2 M €40,2 M €70 M €
Cash8,4 k €606,4 k €83,2 k €134,8 k €127,7 k €
Debts19,5 M €17,5 M €25,3 M €17,3 M €47,2 M €
Other
Workforce1,7 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2020

1 active · 1 ended

Active mandates

RAJIV RAKYAN

Manager

Active

Ended mandates

Rajiv Rakyan

Administrator - manager

Ended

Other companies at this address

Hoveniersstraat 30 2018 Antwerpen
CompanyCBE no.
AAA INVESTMENTS● Active
0724.613.061
AADI● Active
0837.033.289
AAROHI DIAMONDS● Bankrupt
0429.469.280
AAYNA DIAM● Active
0783.694.276
ABBOUD DIAMONDS ANTWERP● Active
0688.810.163
ABHIDIMON● Active
0459.870.763
A.C. DIAM● Active
0460.264.802
ADIAM● Active
0429.050.202
AFRICAN STAR● Active
0467.014.418
AJARI GEMS● Active
0461.487.891
ALISAR GEMS● Active
0478.360.547
ALLURE DIAM● Active
0882.360.005
ALMAZ● Active
0452.157.679
ALWODA● Active
0477.513.578
Amaar Jewels● Active
1029.141.789
AMIRA-AYA● Active
0458.471.191
ARHAAN DIAM● Active
0834.846.435
Arhaan Jewels● Active
0639.944.830
ARHAM DIAMONDS● Active
0544.505.639
ARKOT DIAMONDS● Active
0830.908.730

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/12/202524/10/202407/11/202323/11/202216/12/202107/04/2021
General meeting31/10/202511/10/202403/11/202318/11/202208/12/202112/03/2021
Currency of the financial yearUSDUSDUSDUSDEURUSD
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202431/10/202501/12/2025DutchPDF
Full model31/12/202311/10/202424/10/2024DutchPDF
Full model31/12/202203/11/202307/11/2023DutchPDF
Full model31/12/202118/11/202223/11/2022DutchPDF
Full model31/12/202008/12/202116/12/2021DutchPDF
Full model31/12/201912/03/202107/04/2021DutchPDF
Full model31/12/201822/11/201905/12/2019DutchPDF
Full model31/12/201728/09/201828/09/2018DutchPDF
Full model31/12/201630/06/201730/06/2017DutchPDF
Full model31/12/201528/05/201617/06/2016DutchPDF
Full model31/12/201430/05/201512/06/2015DutchPDF
Full model31/12/201331/05/201405/06/2014DutchPDF
Full model31/12/201227/07/201331/08/2013DutchPDF
Full model31/12/201123/07/201227/07/2012DutchPDF
Full model31/12/201027/07/201128/07/2011DutchPDF
Full model31/12/200927/08/201031/08/2010DutchPDF
Full model31/12/200826/08/200927/08/2009DutchPDF
Full model31/12/200728/07/200825/08/2008DutchPDF
Full model31/12/200630/06/200701/08/2007DutchPDF
Full model31/12/200527/06/200702/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2020

1 active · 1 ended

Active mandates

RAJIV RAKYAN

Manager

Active

Ended mandates

Rajiv Rakyan

Administrator - manager

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2021
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates26/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/02/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/01/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/08/2011
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/08/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/04/2007
    ONTSLAGEN - BENOEMINGEN
    PDF

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 20201,5 M €↑
  2. 2014
    Annual accounts 201475,8 k €↑
  3. 2013
    Annual accounts 2013-184,3 k €↓
  4. 2012
    Annual accounts 20126,7 k €↑
  5. 2011
    Annual accounts 2011-223,9 k €↓
  6. 2010
    Annual accounts 201028,6 k €↓
  7. 2009
    Annual accounts 2009106,8 k €↑
  8. 2008
    Annual accounts 20084,8 k €↓
  9. 2007
    Annual accounts 200763 k €
  10. 15/10/1987
    IncorporationPrivate limited company