RAVA (0567.764.952): financials and annual accounts

RAVA

Sint-Niklaas ·KBO/BCE: BE 0567.764.952

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Balance sheet: assets
Total assets`20/58`	35,016	39,192	82,231	82,295	77,983	81,203	59,811	46,631	41,940	47,119	54,414
Fixed assets`21/28`	7,901	9,149	8,121	5,591	6,166	1,949	3,237	7,747	12,401	16,021	21,440
Tangible fixed assets`22/27`	7,901	9,149	8,121	5,591	6,166	1,949	3,237	7,747	12,401	16,021	21,440
Plant, machinery and equipment`23`	2,601	3,849	2,821	-	-	-	-	-	-	1,375	2,875
Furniture and vehicles`24`	-	-	-	-	-	509	1,223	6,614	12,401	14,646	18,565
Other tangible fixed assets`26`	5,300	5,300	5,300	5,591	6,166	1,440	2,014	1,133	-	-	-
Current assets`29/58`	27,114	30,042	74,110	76,704	71,818	79,254	56,575	38,884	29,539	31,098	32,974
Amounts receivable after more than one year`29`	15,165	6,829	7,278	7,408	6,758	13,603	-	-	-	-	-
Other amounts receivable`291`	15,165	6,829	7,278	7,408	6,758	13,603	-	-	-	-	-
Amounts receivable within one year`40/41`	5,000	3,750	31,000	30,876	29,900	7,464	19,426	19,022	15,264	24,934	25,023
Trade receivables`40`	5,000	-	3,750	1,876	-	64	1,270	-	-	-	-
Other amounts receivable`41`	-	3,750	27,250	29,000	29,900	7,400	18,156	19,022	15,264	24,934	25,023
Cash at bank and in hand`54/58`	6,664	14,814	35,641	38,236	34,894	57,911	37,148	19,863	14,044	6,164	7,951
Deferred charges and accrued income`490/1`	286	4,649	191	184	265	276	-	-	231	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	35,016	39,192	82,231	82,295	77,983	81,203	59,811	46,631	41,940	47,119	54,414
Equity`10/15`	23,474	23,045	76,457	72,103	65,951	56,880	40,878	29,214	24,555	24,465	24,316
Contributions`10/11`	18,600	18,600	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	6,200	6,200	6,200	6,200	6,200
Reserves`13`	4,500	1,860	61,860	56,860	51,860	41,860	26,860	11,860	11,860	11,860	11,860
Non-distributable reserves`130/1`	-	-	1,860	1,860	1,860	1,860	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860
Reserves not available under the articles`1311`	-	-	1,860	1,860	1,860	1,860	-	-	-	-	-
Distributable reserves`133`	4,500	1,860	60,000	55,000	50,000	40,000	25,000	10,000	10,000	10,000	10,000
Profit (loss) carried forward`14`	374	2,585	2,197	2,843	1,691	2,620	1,618	4,954	295	205	56
Amounts payable`17/49`	11,542	16,147	5,775	10,192	12,032	24,323	18,933	17,417	17,385	22,654	30,097
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	2,458	6,593	10,630	14,573
Financial debts`170/4`	-	-	-	-	-	-	-	2,458	6,593	10,630	14,573
Amounts payable within one year`42/48`	11,542	16,147	4,775	9,192	11,032	23,323	17,933	14,209	10,792	12,023	15,524
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	2,458	4,135	4,038	3,943	3,850
Trade debts`44`	651	1,156	585	1,383	576	98	847	1,501	1,458	860	11
Suppliers`440/4`	651	1,156	585	1,383	576	98	847	1,501	1,458	860	11
Taxes, remuneration and social security`45`	3,641	14,991	4,190	7,808	10,457	10,725	4,629	2,573	2,797	2,221	6,663
Taxes`450/3`	3,641	14,991	4,190	7,808	10,457	10,725	4,629	2,573	2,797	1,742	4,415
Remuneration and social security`454/9`	-	-	-	-	-	-	-	-	0	480	2,248
Other amounts payable`47/48`	7,250	-	-	-	-	12,500	10,000	6,000	2,500	5,000	5,000
Accrued charges and deferred income`492/3`	-	-	1,000	1,000	1,000	1,000	1,000	750	-	-	-
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	15,700	-	-	-	-	-
Gross operating margin`9900`	3,494	2,668	6,915	10,103	13,757	33,985	32,054	19,238	10,908	14,372	30,846
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	1,248	800	664	574	1,083	1,288	5,966	6,070	7,162	6,445	7,846
Other operating charges`640/8`	1,163	1,038	743	767	681	612	1,143	802	853	816	1,248
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	650
Operating profit (loss)`9901`	1,083	830	5,508	8,763	11,993	32,084	24,945	12,366	2,893	7,111	21,752
Financial income`75/76B`	286	183	191	196	303	276	10	35	231	5	7
Recurring financial income`75`	286	183	191	196	303	276	10	35	231	5	7
Financial charges`65/66B`	321	226	229	152	134	159	242	224	444	505	193
Recurring financial charges`65`	321	226	229	152	134	159	242	224	444	505	193
Profit (loss) for the period before taxes`9903`	1,048	788	5,470	8,807	12,162	32,202	24,714	12,177	2,680	6,611	20,916
Income taxes`67/77`	619	400	1,116	2,655	3,091	3,700	3,050	1,518	90	1,462	4,000
Profit (loss) for the period`9904`	429	388	4,353	6,152	9,071	28,502	21,664	10,659	2,590	5,149	16,916
Profit (loss) for the period to be appropriated`9905`	429	388	4,353	6,152	9,071	28,502	21,664	10,659	2,590	5,149	16,916
Appropriation of the result
Profit (loss) to be appropriated`9906`	3,014	2,585	7,197	7,843	11,691	30,120	26,618	10,954	2,795	5,205	16,916
Profit (loss) brought forward from the previous period`14P`	2,585	2,197	2,843	1,691	2,620	-	-	-	-	-	-
Transfer from equity`791/2`	-	60,000	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	2,640	-	5,000	5,000	10,000	15,000	15,000	-	-	-	11,860
To the legal reserve`6920`	-	-	-	-	-	-	15,000	-	-	-	1,860
To other reserves`6921`	2,640	-	5,000	5,000	10,000	15,000	-	-	-	-	10,000
Profit to be distributed`694/7`	-	60,000	-	-	-	12,500	10,000	6,000	2,500	5,000	5,000
Return on contributions (dividend)`694`	-	60,000	-	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	12,500	10,000	6,000	2,500	5,000	5,000
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	20-08-2026	2026-00408559	PDF
31-12-2024	micro format	24-09-2025	2025-00500520	PDF
31-12-2023	micro format	28-08-2024	2024-00384230	PDF
31-12-2022	micro format	29-08-2023	2023-00368087	PDF
31-12-2021	micro format	11-08-2022	2022-20282362	PDF
31-12-2020	micro format	27-08-2021	2021-56500560	PDF
31-12-2019	micro format	11-11-2020	2020-70700342	PDF
31-12-2018	micro format	09-08-2019	2019-45000049	PDF
31-12-2017	micro format	03-08-2018	2018-43400239	PDF
31-12-2016	micro format	25-07-2017	2017-36400537	PDF
31-12-2015	abbreviated format	22-07-2016	2016-34600274	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EBITDA	2,331	1,630	6,172	9,337	13,076	33,372	30,911	18,436	10,055	13,556	29,599
Cash flow	1,677	1,189	5,017	6,727	10,154	29,790	27,630	16,729	9,751	11,594	24,763
Investment in fixed assets (approximation)	0	1,828	3,194	0	5,300	0	1,456	1,416	3,541	1,026	28,200
Change in cash	-8,151	-20,826	-2,595	3,341	-23,017	20,763	17,285	5,819	7,880	-1,787	-
Working capital	15,572	13,896	69,335	67,512	60,785	55,931	38,641	24,675	18,747	19,074	17,449
Solvency	67.0%	58.8%	93.0%	87.6%	84.6%	70.0%	68.3%	62.6%	58.5%	51.9%	44.7%
Current ratio	2.35	1.86	15.52	8.34	6.51	3.40	3.15	2.74	2.74	2.59	2.12
Debt to equity	0.49	0.70	0.08	0.14	0.18	0.43	0.46	0.60	0.71	0.93	1.24
ROE	1.8%	1.7%	5.7%	8.5%	13.8%	50.1%	53.0%	36.5%	10.5%	21.0%	69.6%
ROA	1.2%	1.0%	5.3%	7.5%	11.6%	35.1%	36.2%	22.9%	6.2%	10.9%	31.1%
Interest coverage	7.26	7.23	26.91	61.55	97.57	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	€1,828	€3,194	-	€5,300
Depreciation and write-downs of the year	€1,248	€800	€664	€574	€1,083

RAVA

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency67.0%

Current ratio2.35

Return on assets1.2%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on RAVA

Next steps