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RAGS

Active
Private limited companyfounded 2019active for 7 yearsPlace de l'Eglise 21, 4720 Kelmis, BelgiumKBO/BCE: BE 0733.817.074

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

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 9,701 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.

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History

On 9 September 2019, RAGS was incorporated as a private limited company.1 Total assets went from €178,374 in 2020 to €346,808 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2024

Acts, filings and financial milestones

2025
31-08
NBB filing Annual accounts filedPDF
financial year 2024 · micro format · 31 days late
2024
31-08
NBB filing Annual accounts filedPDF
financial year 2023 · micro format · 31 days late
2023
31-12
Financial Equity above €200,000equity €237,895 ▲37.5%
A profit in every financial year since 2020 builds equity to €237,895.
01-09
NBB filing Annual accounts filedPDF
financial year 2022 · micro format · 32 days late
2022
31-12
Financial Equity above €150,000equity €173,022 ▲61.7%
A profit in every financial year since 2020 builds equity to €173,022.
01-08
NBB filing Annual accounts filedPDF
financial year 2021 · unclassified schema · 1 day late
2021
31-12
Financial Highest result from 2020 to 2024net €74,463 ▲230%
Net result €74,463, the highest in the series.
31-12
Financial Equity above €100,000equity €107,017 ▲229%
A profit in every financial year since 2020 builds equity to €107,017.
09-06
NBB filing Annual accounts filedPDF
financial year 2020 · unclassified schema
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

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