NORMAL SITUATION

RAY II

Export PDF

Financial year 2021 · closed on 31/12/2021

Net result

843,3 k €

+206.2% YoY

Gross margin

1,9 M €

+24.4% YoY

Equity

2,4 M €

+55.2% YoY

Workforce

10,5 ETP

-66.5% YoY

Company — Normal situation.

What does RAY II do?

RAY II is a company registered in Belgium. It employs on average 10,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.352.844

Legal form

Cooperative company (old status)

Contributed capital

270 000,00 €

Latest accounts

31/12/2021

Average workforce

10,5 ETP

Signals

ProfitableSolid equityGood 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 15 financial years

	2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2006
Income statement
Gross margin	1,9 M €	+24.4%	1,6 M €	-0.1%	1,6 M €	+19.0%	1,3 M €	-47.0%	2,5 M €	+42.7%	1,7 M €	+26.6%	1,4 M €	+4.5%	1,3 M €	-40.8%	2,2 M €	+7.3%	2,1 M €	+17.4%	1,8 M €	+5.4%	1,7 M €	+3.3%	1,6 M €	+12.7%	1,4 M €	+8963%	15,8 k €
EBITDA	885,5 k €	+61.9%	546,9 k €	+16.9%	467,8 k €	+220%	146,1 k €	-73.5%	550,5 k €	+52.8%	360,2 k €	+1302%	-30 k €	-113%	236,6 k €	-44.2%	424,1 k €	+9.2%	388,4 k €	+58.7%	244,8 k €	-2.3%	250,6 k €	-39.3%	413,1 k €	+37.7%	300,1 k €	+1928%	14,8 k €
Operating result	885,5 k €	+82.1%	486,4 k €	+19.7%	406,4 k €	+398%	81,6 k €	-81.7%	446,9 k €	+67.9%	266,2 k €	+284%	-144,7 k €	-708%	23,8 k €	-88.7%	209,8 k €	+57.6%	133,1 k €	+356%	29,2 k €	+101%	14,5 k €	-86.2%	104,9 k €	+35.9%	77,2 k €	+421%	14,8 k €
Net result	843,3 k €	+206%	275,4 k €	+7.7%	255,7 k €	+19181%	1,3 k €	-99.4%	211,7 k €	+10.4%	191,8 k €	+189%	-215,3 k €	-192%	234,6 k €	+12.8%	208 k €	+529%	33,1 k €	-26.2%	44,8 k €	+91.0%	23,5 k €	-46.8%	44,1 k €	+50.9%	29,2 k €	+215%	9,3 k €
Balance sheet
Equity	2,4 M €	+55.2%	1,5 M €	+22.0%	1,3 M €	+25.7%	995,6 k €	+0.1%	994,3 k €	+27.1%	782,5 k €	+32.5%	590,8 k €	-26.7%	806,1 k €	+41.1%	571,4 k €	+57.2%	363,4 k €	+352%	80,3 k €	+47.9%	54,3 k €	-70.0%	180,8 k €	-22.8%	234,3 k €	+14.2%	205,1 k €
Total assets	2,9 M €	-18.2%	3,6 M €	-4.0%	3,7 M €	+1.4%	3,7 M €	-2.1%	3,8 M €	+6.8%	3,5 M €	-3.8%	3,7 M €	-14.1%	4,3 M €	-10.0%	4,7 M €	+10.3%	4,3 M €	+43.6%	3 M €	-1.2%	3 M €	+6.8%	2,8 M €	+37.2%	2,1 M €	+263%	568,7 k €
Cash	120,4 k €	-67.0%	364,6 k €	-17.4%	441,4 k €	-32.6%	655,3 k €	-8.6%	717,2 k €	+50.9%	475,3 k €	-4.7%	498,7 k €	-44.8%	903,7 k €	+122%	407,8 k €	-25.8%	549,7 k €	-33.8%	830,4 k €	-10.1%	924 k €	+17.6%	785,7 k €	+96.0%	400,8 k €	+81207%	493 €
Debts	560,9 k €	-72.7%	2,1 M €	-17.1%	2,5 M €	-7.6%	2,7 M €	-3.0%	2,8 M €	+1.0%	2,7 M €	-10.8%	3,1 M €	-10.1%	3,4 M €	-5.8%	3,6 M €	+3.4%	3,5 M €	+41.5%	2,5 M €	-3.9%	2,6 M €	+12.0%	2,3 M €	+52.3%	1,5 M €	+608%	213,6 k €
Other
Workforce	10,5 ETP	-66.5%	31,3 ETP	-8.5%	34,2 ETP	+2.4%	33,4 ETP	+6.4%	31,4 ETP	-3.4%	32,5 ETP	-10.7%	36,4 ETP	-13.3%	42,0 ETP	-18.3%	51,4 ETP	+11.5%	46,1 ETP	+10.3%	41,8 ETP	+8.3%	38,6 ETP	+15.9%	33,3 ETP	-4.9%	35,0 ETP		–

Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 7 ended

Active mandates

PARCKINVEST

Director · 0453.490.341

Represented by ERIC MESTDAGH

Active

Ended mandates

Anne-Laurence GIRBOUX

Manager

Ended

Gérard GIRBOUX

Manager

Ended

IMMORENAL

Mandate · 0893.573.205

Represented by GIRBOUX RENAUD

Ended

PARCKINVEST

Mandate · 0453.490.341

Represented by GERARD GIRBOUX

Ended

Annual accounts

Full financial information

	2021	2020	2019	2018	2017	2016
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/07/2016	01/07/2015
Closing of the financial year	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017	30/06/2016
Length of the financial year	12 months	12 months	12 months	12 months	18 months	12 months
Filing date	20/11/2022	01/07/2021	07/07/2020	05/08/2019	11/07/2018	28/02/2017
General meeting	17/05/2022	18/05/2021	19/05/2020	21/05/2019	15/05/2018	05/12/2016
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

31 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2021	17/05/2022	20/11/2022	French	PDF
Abridged model	31/12/2020	18/05/2021	01/07/2021	French	PDF
Abridged model	31/12/2019	19/05/2020	07/07/2020	French	PDF
Abridged model	31/12/2018	21/05/2019	05/08/2019	French	PDF
Abridged model	31/12/2017	15/05/2018	11/07/2018	French	PDF
Abridged model	30/06/2016	05/12/2016	28/02/2017	French	PDF
Abridged model	30/06/2015	07/12/2015	27/02/2016	French	PDF
Abridged model	30/06/2014	27/01/2015	26/02/2015	French	PDF
Abridged model	30/06/2013	22/01/2014	14/02/2014	French	PDF
Abridged model	30/06/2012	05/02/2013	20/02/2013	French	PDF
Abridged model	30/06/2011	14/02/2012	28/02/2012	French	PDF
Abridged model	30/06/2010	26/01/2011	16/02/2011	French	PDF
Abridged model	30/06/2009	19/01/2010	26/02/2010	French	PDF
Abridged model	30/06/2008	19/12/2008	22/01/2009	French	PDF
Abridged model	31/12/2006	21/09/2007	27/09/2007	French	PDF
Abridged model	31/12/2005	29/03/2006	11/04/2006	French	PDF
Abridged model	31/12/2004	30/06/2005	29/09/2005	French	PDF
Abridged model	31/12/2003	26/04/2004	13/05/2004	French	PDF
Abridged model	31/12/2002	04/06/2003	30/06/2003	French	PDF
Abridged model	31/12/1999	27/06/2000	01/12/2000	French	PDF
Abridged model	31/12/1998	22/06/1999	26/08/1999	French	PDF
Abridged model	31/12/1997	04/06/1998	11/06/1998	French	—
Abridged model	31/12/1996	24/09/1997	27/11/1997	French	—
Abridged model	31/12/1995	06/06/1996	20/05/1997	French	—

View all 31 filings

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.

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 31/12/2021 · 1 active · 7 ended

Active mandates

PARCKINVEST

Director · 0453.490.341

Represented by ERIC MESTDAGH

Active

Ended mandates

Anne-Laurence GIRBOUX

Manager

Ended

Gérard GIRBOUX

Manager

Ended

IMMORENAL

Mandate · 0893.573.205

Represented by GIRBOUX RENAUD

Ended

PARCKINVEST

Mandate · 0453.490.341

Represented by GERARD GIRBOUX

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Dissolution27/01/2023
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
PDF
Mandates12/11/2020
DEMISSIONS, NOMINATIONS
PDF
Other17/07/2017
ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Mandates25/04/2014
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates01/03/2013
DEMISSIONS, NOMINATIONS
PDF
Capital / shares19/10/2011
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates06/01/2011
DEMISSIONS, NOMINATIONS
PDF
Registered office07/01/2008
SIEGE SOCIAL
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

2021
Annual accounts 2021843,3 k €↑
2020
Annual accounts 2020275,4 k €↑
2019
Annual accounts 2019255,7 k €↑
2018
Annual accounts 20181,3 k €↓
2017
Annual accounts 2017211,7 k €↑
2016
Annual accounts 2016191,8 k €↑
2015
Annual accounts 2015-215,3 k €↓
2014
Annual accounts 2014234,6 k €↑
2013
Annual accounts 2013208 k €↑
2012
Annual accounts 201233,1 k €↓
2011
Annual accounts 201144,8 k €↑
2010
Annual accounts 201023,5 k €↓
2009
Annual accounts 200944,1 k €↑
2008
Annual accounts 200829,2 k €↑
2006
Annual accounts 20069,3 k €

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

RAY II

Overview

What does RAY II do?

Trend over 15 financial years

Board of directors

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