ACTIVE

ROYAL RAYS

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Financial year 2024 · closed on 31/12/2024
Net result
60,2 k €
+114.2% YoY
Gross margin
105,7 k €
+47.5% YoY
Equity
579,2 k €
+11.6% YoY

What does ROYAL RAYS do?

ROYAL RAYS is a Private limited company incorporated in 2018. Its main activity is: Wholesale of other intermediate products. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0713.943.061
Incorporation
27/11/2018
Legal form
Private limited company
Registered office
Hoveniersstraat 2 box 341
2018 Antwerpen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Activities (NACE)
46761Wholesale of other intermediate products· main46861Wholesale trade, except of motor vehicles and motorcycles
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202420232022202120202019
Income statement
Gross margin105,7 k €71,6 k €102,4 k €286,9 k €34,5 k €191,5 k €
EBITDA99,4 k €68,3 k €99,3 k €285,6 k €34 k €188,6 k €
Operating result83,4 k €49,7 k €79,4 k €276,1 k €25,8 k €184,9 k €
Net result60,2 k €28,1 k €62,6 k €258,5 k €13,9 k €169,6 k €
Balance sheet
Equity579,2 k €519 k €490,9 k €428,4 k €169,8 k €155,9 k €
Total assets5,7 M €5,9 M €3,6 M €4,1 M €2,4 M €2,5 M €
Cash323,5 k €163,9 k €211 k €55,2 k €121,7 k €244 k €
Debts5,1 M €5,3 M €3,1 M €3,7 M €2,3 M €2,4 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active

Active mandates

Dharmesh Tulsibhai Moradia

Director · since 01 octobre 2018

Active
At this address

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ALON FRUCHTER A.L.D.● Active
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AMC● Active
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ANNA GEMS● Active
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ANPHILD● Active
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ANTWERP DIAMOND SALES● Active
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ANTWERP MOUNTS● Active
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202022/11/2018
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 months14 months
Filing date26/06/202526/06/202409/08/202307/07/202229/07/202130/07/2020
General meeting25/06/202525/06/202426/06/202325/06/202225/06/202125/06/2020
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202425/06/202526/06/2025DutchPDF
Abridged model31/12/202325/06/202426/06/2024DutchPDF
Abridged model31/12/202226/06/202309/08/2023DutchPDF
Abridged model31/12/202125/06/202207/07/2022DutchPDF
Abridged model31/12/202025/06/202129/07/2021DutchPDF
Abridged model31/12/201925/06/202030/07/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active

Active mandates

Dharmesh Tulsibhai Moradia

Director · since 01 octobre 2018

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/05/2022
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/03/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other29/11/2018
    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 202460,2 k €↑
  2. 2023
    Annual accounts 202328,1 k €↓
  3. 2022
    Annual accounts 202262,6 k €↓
  4. 2021
    Annual accounts 2021258,5 k €↑
  5. 2020
    Annual accounts 202013,9 k €↓
  6. 2019
    Annual accounts 2019169,6 k €
  7. 27/11/2018
    IncorporationPrivate limited company