ACTIVE

RAGS

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Financial year 2024 · closed on 31/12/2024
Net result
65,6 k €
-2.3% YoY
Gross margin
91,2 k €
-4.3% YoY
Equity
303,5 k €
+27.6% YoY

What does RAGS do?

RAGS is a Private limited company incorporated in 2019. Its main activity is: Activities of holding companies. Its registered office is in Kelmis.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0733.817.074
Incorporation
09/09/2019
Legal form
Private limited company
Registered office
Place de l'Eglise 21 box 6
4720 Kelmis · WallonieSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2024
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies68201Rental and operating of own or leased real estate68201Rental and operating of own or leased real estate
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20242023202220212020
Income statement
Gross margin91,2 k €95,3 k €105,8 k €97,4 k €37,1 k €
EBITDA89,7 k €94,5 k €105,1 k €96,9 k €35,9 k €
Operating result86 k €90,6 k €97,9 k €89,6 k €32,7 k €
Net result65,6 k €67,2 k €66 k €74,5 k €22,6 k €
Balance sheet
Equity303,5 k €237,9 k €173 k €107 k €32,6 k €
Total assets346,8 k €270,4 k €232,2 k €181,8 k €178,4 k €
Cash9,6 k €104,2 k €157,5 k €60,2 k €61,5 k €
Debts43,1 k €32,3 k €59,1 k €74,8 k €127,8 k €
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 · 1 ended

Active mandates

Ralph Hungs

Director · since 09 septembre 2019

Active

Ended mandates

Ralph Hungs

Administrator - manager · since 06 septembre 2019

Ended
Annual accounts

Full financial information

20242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202106/09/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months16 months
Filing date31/08/202531/08/202401/09/202301/08/202209/06/2021
General meeting03/06/202504/06/202405/06/202307/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202403/06/202531/08/2025FrenchPDF
Micro model31/12/202304/06/202431/08/2024FrenchPDF
Micro model31/12/202205/06/202301/09/2023FrenchPDF
Micro model31/12/202107/06/202201/08/2022GermanPDF
Micro model31/12/202007/06/202109/06/2021GermanPDF
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 · 1 ended

Active mandates

Ralph Hungs

Director · since 09 septembre 2019

Active

Ended mandates

Ralph Hungs

Administrator - manager · since 06 septembre 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other11/09/2019
    RUBRIK GRUENDUNG (NEUE RECHTSPERSON, EROEFFNUNG FILIALE, USW)
    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 202465,6 k €↓
  2. 2023
    Annual accounts 202367,2 k €↑
  3. 2022
    Annual accounts 202266 k €↓
  4. 2021
    Annual accounts 202174,5 k €↑
  5. 2020
    Annual accounts 202022,6 k €
  6. 09/09/2019
    IncorporationPrivate limited company