JUWELEN RAYJO
ActiveSummary
JUWELEN RAYJO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €835k and a net result of €14k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 93% of 9040 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 9.88 against 6.03 in 2023; short-term debt: 9.7% and cash: 14.9% of total assets), and 9.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
90.3%
Return on assets
1.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-09-2025, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d late
2023
31 d late
2022
17 d early
2021
29 d late
2020
12 d early
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€835k▲ 1.7%
2023 · €821k
2018: €703klowest in 7 years
2019: €730k▲ +3.9% vs 2018
2020: €774k▲ +6.1% vs 2019
2021: €738k▼ -4.7% vs 2020
2022: €804k▲ +8.9% vs 2021
2023: €821k▲ +2.2% vs 2022
2024: €835k▲ +1.7% vs 2023highest in 7 years
2018 → 2024
Total assets
€925k▼ 5.7%
2023 · €981k
2018: €804klowest in 7 years
2019: €822k▲ +2.3% vs 2018
2020: €899k▲ +9.3% vs 2019
2021: €862k▼ -4.0% vs 2020
2022: €944k▲ +9.4% vs 2021
2023: €981k▲ +3.9% vs 2022highest in 7 years
2024: €925k▼ -5.7% vs 2023
2018 → 2024
Net result
€14k▼ 20.6%
2023 · €17k
2018: €25k
2019: €27k▲ +8.0% vs 2018
2020: €51k▲ +87.3% vs 2019
2021: €-36k▼ -171% vs 2020lowest in 7 years
2022: €66k▲ +282% vs 2021highest in 7 years
2023: €17k▼ -73.4% vs 2022
2024: €14k▼ -20.6% vs 2023
2018 → 2024
Working capital
€801k▲ 2.5%
2023 · €781k
2018: €668klowest in 7 years
2019: €689k▲ +3.2% vs 2018
2020: €747k▲ +8.4% vs 2019
2021: €711k▼ -4.7% vs 2020
2022: €759k▲ +6.6% vs 2021
2023: €781k▲ +2.9% vs 2022
2024: €801k▲ +2.5% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€774k-€738k▼ 4.7%€804k▲ 8.9%€821k▲ 2.2%€835k▲ 1.7%
2020: €774k
2021: €738k▼ -4.7% vs 2020lowest in 5 years
2022: €804k▲ +8.9% vs 2021
2023: €821k▲ +2.2% vs 2022
2024: €835k▲ +1.7% vs 2023highest in 5 years
Operating result€55k-€-35k€90k€22k▼ 75.7%€26k▲ 17.6%
2020: €55k
2021: €-35k▼ -164% vs 2020lowest in 5 years
2022: €90k▲ +356% vs 2021highest in 5 years
2023: €22k▼ -75.7% vs 2022
2024: €26k▲ +17.6% vs 2023
Net result€51k-€-36k€66k€17k▼ 73.4%€14k▼ 20.6%
2020: €51k
2021: €-36k▼ -171% vs 2020lowest in 5 years
2022: €66k▲ +282% vs 2021highest in 5 years
2023: €17k▼ -73.4% vs 2022
2024: €14k▼ -20.6% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 18% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €925k
Fixed assets
€34k ▼ 23.4%
Current assets
€891k ▼ 4.9%
Equity and liabilities €925k
Equity
€835k ▲ 1.7%
Debt
€90k ▼ 43.6%
Debt's share of the balance-sheet total falls from 16.3% to 9.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▲
2023 · €34k
Cash flow
€26k▼
2023 · €29k
Current ratio
9.88▲
2023 · 6.03
Quick ratio
2.58▲
2023 · 1.17
Debt to equity
0.11▼
2023 · 0.19
ROE
1.7%▼
2023 · 2.1%
ROA
1.5%▼
2023 · 1.8%
Interest coverage
11.72▼
2023 · 17.87
Debt ≤ 1 year
€90k▼
2023 · €155k
Income taxes
€9k▲
2023 · €3k
Staff costs
€184k▼
2023 · €210k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€981k€925k▼
Fixed assets21/28€45k€34k▼
Tangible fixed assets22/27€44k€34k▼
Plant, machinery and equipment23€32k€23k▼
Furniture and vehicles24€6k€5k▼
Other tangible fixed assets26€6k€6k▼
Financial fixed assets28€345€345=
Current assets29/58€936k€891k▼
Stocks and contracts in progress3€755k€659k▼
Stocks30/36€755k€659k▼
Amounts receivable within one year40/41€96k€95k▼
Trade receivables40€44k€42k▼
Other amounts receivable41€52k€53k▲
Cash at bank and in hand54/58€83k€138k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€981k€925k▼
Equity10/15€821k€835k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€759k€773k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€753k€767k▲
Amounts payable17/49€160k€90k▼
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€155k€90k▼
Current portion of amounts payable after more than one year42€2k€2k▼
Trade debts44€71k€31k▼
Suppliers440/4€71k€31k▼
Taxes, remuneration and social security45€46k€33k▼
Taxes450/3€27k€14k▼
Remuneration and social security454/9€19k€19k=
Other amounts payable47/48€37k€25k▼
Income statement
Code20232024
Non-recurring operating income76A€6k-
Remuneration, social security and pensions62€210k€184k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€246k€225k▼
Operating profit (loss)9901€22k€26k▲
Financial income75/76B€214€518▲
Recurring financial income75€214€518▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€20k€23k▲
Income taxes67/77€3k€9k▲
Profit (loss) for the period9904€17k€14k▼
Profit (loss) for the period to be appropriated9905€17k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€14k▼
Transfer to equity691/2€17k€14k▼
To other reserves6921€17k€14k▼
Social balance
Average headcount (FTE)90874.44.0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €9k | €14k | €6k | - | - |
| Remuneration, social security and pensions62 | - | €235k | €218k | €210k | €184k | ▼ 12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €19k | €22k | €12k | €12k | ▲ 0.7% |
| Other operating charges640/8 | - | €2k | €4k | €3k | €3k | ▲ 0.6% |
| Gross operating margin9900 | €273k | €221k | €334k | €246k | €225k | ▼ 8.7% |
| Operating profit (loss)9901 | €55k | €-35k | €90k | €22k | €26k | ▲ 17.6% |
| Financial income75/76B | - | €6k | €1k | €214 | €518 | ▲ 142% |
| Recurring financial income75 | €589 | €6k | €1k | €214 | €518 | ▲ 142% |
| Financial charges65/66B | - | €4k | €2k | €2k | €3k | ▲ 70.1% |
| Recurring financial charges65 | €2k | €4k | €2k | €2k | €3k | ▲ 70.1% |
| Profit (loss) for the period before taxes9903 | €53k | €-33k | €89k | €20k | €23k | ▲ 13.9% |
| Income taxes67/77 | €3k | €3k | €23k | €3k | €9k | ▲ 232% |
| Profit (loss) for the period9904 | €51k | €-36k | €66k | €17k | €14k | ▼ 20.6% |
| Transfer from tax-exempt reserves789 | - | €26k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €51k | €-10k | €66k | €17k | €14k | ▼ 20.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €899k | €862k | €944k | €981k | €925k | ▼ 5.7% |
| Fixed assets21/28 | €34k | €36k | €49k | €45k | €34k | ▼ 23.4% |
| Tangible fixed assets22/27 | €33k | €36k | €49k | €44k | €34k | ▼ 23.6% |
| Plant, machinery and equipment23 | - | €21k | €39k | €32k | €23k | ▼ 28.2% |
| Furniture and vehicles24 | - | €15k | €5k | €6k | €5k | ▼ 17.7% |
| Other tangible fixed assets26 | - | - | €4k | €6k | €6k | ▼ 5.7% |
| Financial fixed assets28 | €345 | €345 | €345 | €345 | €345 | = |
| Current assets29/58 | €865k | €826k | €894k | €936k | €891k | ▼ 4.9% |
| Stocks and contracts in progress3 | €662k | €607k | €676k | €755k | €659k | ▼ 12.7% |
| Stocks30/36 | - | €607k | €676k | €755k | €659k | ▼ 12.7% |
| Amounts receivable within one year40/41 | €104k | €117k | €96k | €96k | €95k | ▼ 1.5% |
| Trade receivables40 | - | €43k | €50k | €44k | €42k | ▼ 5.3% |
| Other amounts receivable41 | - | €75k | €45k | €52k | €53k | ▲ 1.6% |
| Cash at bank and in hand54/58 | €90k | €92k | €112k | €83k | €138k | ▲ 66.6% |
| Deferred charges and accrued income490/1 | - | €10k | €10k | €3k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €899k | €862k | €944k | €981k | €925k | ▼ 5.7% |
| Equity10/15 | €774k | €738k | €804k | €821k | €835k | ▲ 1.7% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €712k | €676k | €742k | €759k | €773k | ▲ 1.8% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €670k | €735k | €753k | €767k | ▲ 1.8% |
| Amounts payable17/49 | €125k | €124k | €140k | €160k | €90k | ▼ 43.6% |
| Amounts payable after more than one year17 | €6k | €9k | €5k | €5k | - | - |
| Financial debts170/4 | - | €9k | €5k | €5k | - | - |
| Amounts payable within one year42/48 | €118k | €115k | €136k | €155k | €90k | ▼ 41.9% |
| Current portion of amounts payable after more than one year42 | - | €13k | €8k | €2k | €2k | ▼ 3.7% |
| Trade debts44 | €32k | €19k | €33k | €71k | €31k | ▼ 55.7% |
| Suppliers440/4 | - | €19k | €33k | €71k | €31k | ▼ 55.7% |
| Bills of exchange payable441 | - | - | €144 | - | - | - |
| Taxes, remuneration and social security45 | - | €41k | €57k | €46k | €33k | ▼ 28.8% |
| Taxes450/3 | - | €15k | €36k | €27k | €14k | ▼ 49.3% |
| Remuneration and social security454/9 | - | €26k | €21k | €19k | €19k | = |
| Other amounts payable47/48 | - | €42k | €39k | €37k | €25k | ▼ 33.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51k | €-36k | €66k | €17k | €14k | ▼ 20.6% |
| + Depreciation and write-downs630 | €19k | €19k | €22k | €12k | €12k | ▲ 0.7% |
| Operating cash flow (approximation) | €70k | €-17k | €88k | €29k | €26k | ▼ 11.9% |
| Investment in fixed assets (approximation) | - | €-21k | €-35k | €-7k | €-2k | ▲ 76.6% |
| Change in cash | - | €2k | €20k | €-30k | €55k | ▲ 284% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 41 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €66k
Net result €66k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1994
Ground area
187 m²
Building footprint
141 m²
Volume, LiDAR
1,308 m³
Parcel 11808H1179/00Z016, Flanders · tallest building 22.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rijfstraat 6, 2018 Antwerpen
since 19942.068.109.680
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1179/00Z016 | Flanders | 187 m² | 1 · 141 m² | 22.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 2,550 EUR awarded · 2,550 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 2,550 EUR |
| 2024 | 1 | 2,550 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
SHAPIRO GEMS
BE 0443.116.982
Antwerpen · Eq €831k
HUYSENTRUYT P. JUWELEN
BE 0452.998.809
Antwerpen · Eq €848k
D.N. JEWELS ANTWERP
BE 0886.831.210
Antwerpen · Eq €877k
INTERGOLD EUROPE
BE 0874.577.041
Antwerpen · Eq €789k
L'OR DU TEMPS- VANWERST
BE 0874.777.771
Spa · Eq €889k
Of 567 companies in sector 46480 we hold annual accounts for 353. 201 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-07-1994
Fiscal year end31-12
Activities, NACEBEL 2025
32123Manufacture of jewellery
46480Wholesale trade
47770Retail sale of watches and jewellery
Contact
Scores and ratios are computed by Checked and are not a credit decision.