NORMAL SITUATION

RAINCODE

Financial year 2022 · closed on 31/12/2022
Net result
-560,4 k €
-337.0% YoY
Gross margin
-589,8 k €
-282.4% YoY
Equity
4,8 M €
-10.5% YoY

Company — Normal situation.

What does RAINCODE do?

RAINCODE is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.519.925
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
31/12/2022
Signals
Solid equityGood liquidity
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-589,8 k €323,4 k €523,3 k €497,6 k €-52,5 k €895,3 k €311,8 k €326 k €47,7 k €97,1 k €481,8 k €46,6 k €-73,3 k €11 k €256,3 k €54,4 k €
EBITDA-590,7 k €322,5 k €510,4 k €496,2 k €-68,1 k €894,7 k €311,5 k €325,2 k €47,1 k €96,7 k €481,4 k €46,2 k €-73,8 k €10,3 k €255,6 k €53,4 k €
Operating result-597,5 k €317,1 k €495,9 k €461,3 k €-107,9 k €870,8 k €283,8 k €317,8 k €44,6 k €94,2 k €478,8 k €45,5 k €-74,2 k €9,1 k €251,2 k €46,4 k €
Net result-560,4 k €236,5 k €368,8 k €1,4 M €4 M €569,9 k €189,1 k €210,8 k €42,3 k €70,8 k €328,5 k €43,5 k €-77,7 k €8,5 k €159,2 k €28,8 k €
Balance sheet
Equity4,8 M €5,3 M €5,1 M €4,7 M €3,4 M €350,3 k €780,4 k €591,3 k €380,6 k €338,3 k €267,5 k €39 k €67,5 k €145,2 k €136,7 k €97,5 k €
Total assets6 M €6 M €6 M €5,4 M €4,9 M €1,8 M €1,2 M €956,8 k €563,2 k €623,3 k €1 M €235,7 k €230,8 k €221,9 k €397,6 k €138,8 k €
Cash2,3 M €2,6 M €2,3 M €2,4 M €899,9 k €46,6 k €289,6 k €511,6 k €25,6 k €266,5 k €8,3 k €24,7 k €87,9 k €216,7 k €20,8 k €
Debts450,5 k €635,9 k €912,8 k €673,3 k €1,6 M €1,4 M €451,2 k €365,5 k €182,6 k €285 k €751,1 k €196,7 k €163,3 k €76,7 k €249,4 k €41,3 k €
Governance

Board of directors

Seen on filing of 31/12/2022 · 3 active · 9 ended

Active mandates

BOUMKE & CO

Managing director · since 01 avril 2022 · 0782.299.852

Represented by Darius BLASBAND

Active
KOGI

Director · since 01 avril 2022 · 0781.851.276

Represented by Juan DIEZ PEREZ

Active
L’EGG

Director · since 01 avril 2022 · 0782.301.040

Represented by Alain CORCHIA

Active

Ended mandates

Alain CORCHIA

Director

Ended
Alain CORCHIA

Administrator - manager

Ended
Alain CORCHIA

Manager

Ended
Darius BLASBAND

Managing director

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202101/01/202001/07/201801/07/201701/07/2016
Closing of the financial year31/12/202231/12/202131/12/202031/12/201930/06/201830/06/2017
Length of the financial year12 months12 months12 months18 months12 months12 months
Filing date12/07/202301/07/202209/08/202107/09/202011/01/201922/01/2018
General meeting23/05/202303/01/202230/06/202130/06/202026/12/201828/12/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

23 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202223/05/202312/07/2023FrenchPDF
Abridged model31/12/202103/01/202201/07/2022FrenchPDF
Abridged model31/12/202030/06/202109/08/2021FrenchPDF
Abridged model31/12/201930/06/202007/09/2020FrenchPDF
Abridged model30/06/201826/12/201811/01/2019FrenchPDF
Abridged model30/06/201728/12/201722/01/2018FrenchPDF
Abridged model30/06/201626/12/201603/01/2017FrenchPDF
Abridged model30/06/201528/12/201507/01/2016FrenchPDF
Abridged model30/06/201426/12/201407/01/2015FrenchPDF
Abridged model30/06/201327/12/201306/01/2014FrenchPDF
Abridged model30/06/201228/12/201219/01/2013FrenchPDF
Abridged model30/06/201115/12/201126/12/2011FrenchPDF
Abridged model30/06/201031/12/201006/01/2011FrenchPDF
Abridged model30/06/200908/12/200924/12/2009FrenchPDF
Abridged model30/06/200823/12/200810/01/2009FrenchPDF
Abridged model30/06/200711/12/200720/12/2007FrenchPDF
Abridged model30/06/200612/12/200608/01/2007FrenchPDF
Abridged model30/06/200513/12/200519/12/2005FrenchPDF
Abridged model30/06/200414/12/200424/12/2004FrenchPDF
Abridged model30/06/200329/12/200330/01/2004FrenchPDF
Abridged model30/06/200227/12/200224/01/2003FrenchPDF
Abridged model30/06/200126/12/200111/04/2002FrenchPDF
Abridged model30/06/200026/12/200019/02/2001FrenchPDF
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 31/12/2022 · 3 active · 9 ended

Active mandates

BOUMKE & CO

Managing director · since 01 avril 2022 · 0782.299.852

Represented by Darius BLASBAND

Active
KOGI

Director · since 01 avril 2022 · 0781.851.276

Represented by Juan DIEZ PEREZ

Active
L’EGG

Director · since 01 avril 2022 · 0782.301.040

Represented by Alain CORCHIA

Active

Ended mandates

Alain CORCHIA

Director

Ended
Alain CORCHIA

Administrator - manager

Ended
Alain CORCHIA

Manager

Ended
Darius BLASBAND

Managing director

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution01/09/2023
    RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring16/06/2023
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Mandates17/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Annual accounts03/07/2019
    COMPTES ANNUELS - ANNEE COMPTABLE
    PDF
  • Capital / shares24/10/2017
    CAPITAL, ACTIONS
    PDF
  • Registered office03/11/2010
    SIEGE SOCIAL
    PDF
  • Capital / shares26/02/2004
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    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. 2022
    Annual accounts 2022-560,4 k €
  2. 2021
    Annual accounts 2021236,5 k €
  3. 2020
    Annual accounts 2020368,8 k €
  4. 2019
    Annual accounts 20191,4 M €
  5. 2018
    Annual accounts 20184 M €
  6. 2017
    Annual accounts 2017569,9 k €
  7. 2016
    Annual accounts 2016189,1 k €
  8. 2015
    Annual accounts 2015210,8 k €
  9. 2014
    Annual accounts 201442,3 k €
  10. 2013
    Annual accounts 201370,8 k €
  11. 2012
    Annual accounts 2012328,5 k €
  12. 2011
    Annual accounts 201143,5 k €
  13. 2010
    Annual accounts 2010-77,7 k €
  14. 2009
    Annual accounts 20098,5 k €
  15. 2008
    Annual accounts 2008159,2 k €
  16. 2007
    Annual accounts 200728,8 k €