Financials
- Financial year
- 2024
- Total assets
- €346,808
- Profit
- €65,638
- Solvency
- 87.5%
Total assets▲ 28.3%
Net result
20202024
RAGS
ActiveSummary
RAGS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For RAGS, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €303,533 and a net result of €65,638. Equity is growing by about 38% per year across the filed financial years. Its solvency ranks better than 85% of 9,699 sector peers (NACE 64, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210
1 site
Size
€346,808total assets 2024
- Equity
- €303,533
- Profit
- €65,638
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
- Holdings
- 1
2025 accounts not filed, 86 days past the deadline1 deed in the Belgian Official Gazette
Signalsraises riskAnnual accounts not filed2024 accounts filed 31 days lateShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: One filing cycle is missing
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Two signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 5 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 31 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
31 days late
2023
31 days late
2022
32 days late
2021
1 day late
2020
52 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 9 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Equity above €200,000equity €237,895 ▲37.5%
Key points
- Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
- Positive: Among the best 16% on solvencysector median 54.8% · 9,699 companies 87.5% View
- Positive: 5 profitable years in a rowprofit 2024: €65,638 5 years View
- Positive: Equity rose in 2024from €237,895 to €303,533 ▲ 27.6% View
By topic
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 9
- Since
- 2021
- 01-09-2023Annual accounts filed
- 31-12-2022Equity above €150,000
- 01-08-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Activities of holding companiesNACE 64210
- Founded
- 09-09-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about RAGS
- What is the company number of RAGS?
- 0733.817.074. In Belgium the VAT number is the company number with BE in front: BE 0733.817.074.
- Where is RAGS based?
- The registered office is at Place de l'Eglise 21, 4720 Kelmis.Company details
- What does RAGS do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of RAGS?
- Private limited company (BV).
- When was RAGS founded?
- On 09-09-2019.
- Is RAGS still active?
- Yes, RAGS is an active enterprise in the KBO register.
- What is the turnover of RAGS?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is RAGS profitable?
- In financial year 2024, RAGS made a profit of €65,638.
- Where can I find the annual accounts of RAGS?
- RAGS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to RAGS
Subsidiaries and holdings
Comparable companies
- Alice COLLARDWaremme
- MAR LE BEAUHasselt
- BEPA SUFFISPoperinge
- DCOLMaaseik
- PTS HoldingBeringen
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What were this company's board, registered office and name on a given date?Company as of a date
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.