ACTIVE

RAYS

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
12,9 k €
+128.4% YoY
Gross margin
62 k €
+314.4% YoY
Equity
237,2 k €
+5.8% YoY

What does RAYS do?

RAYS is a Private limited company incorporated in 2017. Its main activity is: Retail sale of other household equipment in specialised stores. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0674.815.340
Incorporation
25/04/2017
Legal form
Private limited company
Registered office
Pacificatiestraat 67
2000 Antwerpen · FlandreSee on map
Contributed capital
20 122,38 €
Latest accounts
31/12/2025
Activities (NACE)
47552Retail sale of other household equipment in specialised stores· main
Joint committees (1)
  • 14901
Signals
ProfitableSolid equityLow riskGood 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 7 financial years

2025202420232022202120202019
Income statement
Gross margin62 k €14,9 k €414,4 k €92,5 k €52 k €44 k €12,8 k €
EBITDA15 k €-46,6 k €324,7 k €-3,9 k €11,2 k €29,6 k €151,2 €
Operating result7,5 k €-51 k €322,3 k €-12,9 k €2,5 k €22 k €-3,5 k €
Net result12,9 k €-45,7 k €236,8 k €-14,9 k €277,2 €16,1 k €-4,4 k €
Balance sheet
Equity237,2 k €224,2 k €269,9 k €33,1 k €47,9 k €47,7 k €31,6 k €
Total assets295 k €319,8 k €349,1 k €131 k €128 k €124,5 k €121,8 k €
Cash52 k €115,6 k €94,3 k €12,9 k €29 k €7,6 k €23 k €
Debts57,9 k €95,5 k €79,3 k €97,9 k €80,1 k €76,8 k €90,3 k €
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 31/12/2025 · 1 active · 2 ended

Active mandates

Niels Segers

Director · since 24 avril 2017

Active

Ended mandates

Niels Segers

Director

Ended
Niels Segers

Administrator - manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/07/202630/07/202512/07/202431/08/202331/08/202223/03/2022
General meeting19/06/202620/06/202521/06/202430/05/202330/05/202231/05/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202519/06/202613/07/2026DutchPDF
Micro model31/12/202420/06/202530/07/2025DutchPDF
Micro model31/12/202321/06/202412/07/2024DutchPDF
Micro model31/12/202230/05/202331/08/2023DutchPDF
Micro model31/12/202130/05/202231/08/2022DutchPDF
Micro model31/12/202031/05/202123/03/2022DutchPDF
Micro model31/12/201925/05/202030/10/2020DutchPDF
Micro model31/12/201827/05/201927/09/2019DutchPDF
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 31/12/2025 · 1 active · 2 ended

Active mandates

Niels Segers

Director · since 24 avril 2017

Active

Ended mandates

Niels Segers

Director

Ended
Niels Segers

Administrator - manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/11/2023
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Restructuring19/04/2023
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office13/05/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring30/11/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other27/04/2017
    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. 2025
    Annual accounts 202512,9 k €↑
  2. 2024
    Annual accounts 2024-45,7 k €↓
  3. 2023
    Annual accounts 2023236,8 k €↑
  4. 2023
    Name changeRAYS
  5. 2022
    Annual accounts 2022-14,9 k €↓
  6. 2021
    Annual accounts 2021277,2 €↓
  7. 2021
    Name changeSELECTRICS
  8. 2020
    Annual accounts 202016,1 k €↑
  9. 2019
    Annual accounts 2019-4,4 k €
  10. 25/04/2017
    IncorporationPrivate limited company