ACTIVE

RAG GENK

Financial year 2024 · closed on 31/12/2024
Net result
2,6 k €
-95.6% YoY
Gross margin
558,2 k €
-9.3% YoY
Equity
484,2 k €
+0.5% YoY
Workforce
12,8 ETP
+6.7% YoY

What does RAG GENK do?

RAG GENK is a Public limited company incorporated in 2016. Its main activity is: Wholesale trade of motor vehicle parts and accessories. Its registered office is in Genk. It employs on average 12,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0647.593.180
Incorporation
28/01/2016
Legal form
Public limited company
Registered office
Vaartstraat 13
3600 Genk · FlandreSee on map
Contributed capital
300 000,00 €
Latest accounts
31/12/2024
Average workforce
12,8 ETP
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202420232022202120202019201820172016
Income statement
Gross margin558,2 k €615,4 k €454 k €398,7 k €482,1 k €511,6 k €300,8 k €375,8 k €451,8 k €
EBITDA46 k €102,8 k €47,9 k €-30,3 k €81,4 k €25,5 k €114,8 k €63,7 k €133,7 k €
Operating result4,3 k €65,6 k €11,6 k €-66,2 k €46,3 k €-12,4 k €102 k €56,9 k €129,8 k €
Net result2,6 k €58 k €14,1 k €-76,6 k €35,2 k €-29 k €68,3 k €32,3 k €79,3 k €
Balance sheet
Equity484,2 k €481,6 k €423,6 k €409,5 k €486,1 k €450,9 k €479,9 k €411,6 k €379,3 k €
Total assets2,7 M €2,7 M €2,3 M €2,1 M €2 M €1,8 M €959,4 k €961,1 k €955,2 k €
Cash28,4 k €38,1 k €27,2 k €6,1 k €92 k €53,2 k €23,8 k €10,4 k €13,6 k €
Debts2,2 M €2,2 M €1,9 M €1,6 M €1,5 M €1,4 M €479,6 k €549,6 k €575,9 k €
Other
Workforce12,8 ETP12,0 ETP10,7 ETP11,9 ETP14,6 ETP15,5 ETP6,4 ETP8,3 ETP8,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 10 ended

Active mandates

Geraldine Wijnen

Director · since 29 novembre 2023

Active
Joseph Raedschelders

Director · since 29 novembre 2023

Active
R.A.G. MANAGEMENT

Director · since 29 novembre 2023 · 0832.640.179

Represented by Michaël Raedschelders

Active
Michaël Raedschelders

Director · since 08 juin 2022

Active

Ended mandates

Joseph Raedschelders

Director · since 26 janvier 2016 · until 30 juin 2022

Ended
Michaël Raedschelders

Managing director · since 26 janvier 2016 · until 30 juin 2022

Ended
R.A.G. MANAGEMENT

Director · since 26 janvier 2016 · until 30 juin 2022 · 0832.640.179

Represented by Michaël Raedschelders

Ended
Geraldine Wijnen

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
0434.055.303
RAGIMMO 2Active
0476.784.296
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date28/10/202502/08/202429/08/202317/10/202201/12/202130/11/2020
General meeting03/06/202504/06/202406/06/202307/06/202201/06/202102/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202403/06/202528/10/2025DutchPDF
Abridged model31/12/202304/06/202402/08/2024DutchPDF
Abridged model31/12/202206/06/202329/08/2023DutchPDF
Abridged model31/12/202107/06/202217/10/2022DutchPDF
Abridged model31/12/202001/06/202101/12/2021DutchPDF
Abridged model31/12/201902/06/202030/11/2020DutchPDF
Abridged model31/12/201804/06/201916/08/2019DutchPDF
Abridged model31/12/201705/06/201802/07/2018DutchPDF
Abridged model31/12/201606/06/201709/06/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 10 ended

Active mandates

Geraldine Wijnen

Director · since 29 novembre 2023

Active
Joseph Raedschelders

Director · since 29 novembre 2023

Active
R.A.G. MANAGEMENT

Director · since 29 novembre 2023 · 0832.640.179

Represented by Michaël Raedschelders

Active
Michaël Raedschelders

Director · since 08 juin 2022

Active

Ended mandates

Joseph Raedschelders

Director · since 26 janvier 2016 · until 30 juin 2022

Ended
Michaël Raedschelders

Managing director · since 26 janvier 2016 · until 30 juin 2022

Ended
R.A.G. MANAGEMENT

Director · since 26 janvier 2016 · until 30 juin 2022 · 0832.640.179

Represented by Michaël Raedschelders

Ended
Geraldine Wijnen

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/02/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2024
    Annual accounts 20242,6 k €
  2. 2023
    Annual accounts 202358 k €
  3. 2022
    Annual accounts 202214,1 k €
  4. 2021
    Annual accounts 2021-76,6 k €
  5. 2020
    Annual accounts 202035,2 k €
  6. 2019
    Annual accounts 2019-29 k €
  7. 2018
    Annual accounts 201868,3 k €
  8. 2017
    Annual accounts 201732,3 k €
  9. 2016
    Annual accounts 201679,3 k €
  10. 28/01/2016
    IncorporationPublic limited company