RAVAL
RAVAL has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €394k and a net result of €277k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 46% of 7728 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
| Equity | €394k |
| Net result | €277k |
| Staff (FTE) | 2.3 |
| Better than sector | 46% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 41.0% | 44.7% | |
| Net result | €277k | €31k | |
| Equity | €394k | €398k | |
| Gross operating margin | €497k | €211k | |
| Staff costs | €92k | €189k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | micro schema |
| Revenue | - | €1.01M | - | - |
| EBITDA | €393k | €21k | €32k | €72k |
| Net profit | €277k | €2k | €5k | €34k |
| Cash flow | €308k | €26k | €29k | €67k |
| Staff costs | €92k | €65k | - | - |
| Income taxes | €45k | €305 | €269 | €318 |
| Dividends | €0 | €101k | - | - |
| Total assets | €962k | €765k | €849k | €925k |
| Equity | €394k | €342k | €441k | €436k |
| Debt | €517k | €422k | €407k | €489k |
| of which ≤ 1y | €484k | €312k | €273k | €329k |
| of which > 1y | €30k | €110k | €135k | €160k |
| Working capital | €256k | €211k | €312k | €315k |
| Employees (FTE) | 2.3 | 1.5 | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.53 | 1.67 | 2.14 | 1.96 |
| Quick ratio | 0.97 | 0.46 | 0.86 | 0.83 |
| Working capital ratio | 26.6% | 27.6% | 36.7% | 34.1% |
| Solvency | 41.0% | 44.8% | 52.0% | 47.2% |
| Debt / equity | 1.31 | 1.23 | 0.92 | 1.12 |
| Long-term debt ratio | 0.08 | 0.32 | 0.30 | 0.37 |
| Interest coverage | 90.29 | 6.34 | 9.08 | 11.48 |
| Gross margin | - | 2.7% | - | - |
| Net margin | - | 0.2% | - | - |
| ROA | 28.8% | 0.3% | 0.6% | 3.7% |
| ROE | 70.3% | 0.7% | 1.1% | 7.9% |
| EBITDA margin | - | 2.0% | - | - |
| Days sales outstanding | - | 5d | - | - |
| Days payable outstanding | - | 30d | - | - |
| Inventory turnover | - | 2.59 | - | - |
| Days inventory (DSI) | - | 141d | - | - |
Full annual accounts (27 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €962k | €765k | €849k | €925k |
| Fixed assets | 21/28 | €222k | €241k | €264k | €280k |
| Tangible fixed assets | 22/27 | €221k | €240k | €262k | €279k |
| Financial fixed assets | 28 | €1k | €1k | €1k | €1k |
| Current assets | 29/58 | €740k | €523k | €585k | €645k |
| Stocks & contracts in progress | 3 | €269k | €379k | €350k | €371k |
| Amounts receivable within one year | 40/41 | €224k | €35k | €44k | €113k |
| Cash & bank | 54/58 | €247k | €107k | €191k | €159k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €962k | €765k | €849k | €925k |
| Equity | 10/15 | €394k | €342k | €441k | €436k |
| Contributions / capital | 10/11 | €61k | €286k | €286k | €286k |
| Reserves | 13 | €333k | €56k | €69k | €69k |
| Accumulated profits (losses) | 14 | €0 | €0 | €86k | €81k |
| Provisions & deferred taxes | 16 | €51k | - | - | - |
| Amounts payable | 17/49 | €517k | €422k | €407k | €489k |
| Amounts payable after one year | 17 | €30k | €110k | €135k | €160k |
| Amounts payable within one year | 42/48 | €484k | €312k | €273k | €329k |
| Trade debts payable within one year | 44 | €95k | €80k | €109k | €157k |
| Income statement | |||||
| Turnover | 70 | - | €1.01M | - | - |
| Gross operating margin | 9900 | €497k | €96k | €71k | €84k |
| Operating result | 9901 | €363k | €-3k | €9k | €39k |
| Financial income | 75 | €15k | €9k | - | €2k |
| Financial charges | 65 | €4k | €3k | €4k | €6k |
| Result before taxes | 9903 | €373k | €3k | €5k | €35k |
| Income taxes | 67/77 | €45k | €305 | €269 | €318 |
| Net result for the period | 9904 | €277k | €2k | €5k | €34k |
| Result to be appropriated | 9905 | €124k | €2k | €5k | €34k |
-
Kurt RamanDirectorState Gazette act 25107350 (25-08-2025)Current05-06-2025 → present
Former directors (1)
-
André RamanDirectorState Gazette act 25107350 (25-08-2025)Former- → 05-06-2025
| NACE primary | Wholesale trade(46220) |
| Legal form | Private limited company(610) |
| Incorporation | 21-04-1988 |
| Status | Active |
| Postal code | 9080 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384C0234/00H000 | Flanders | 3.4 ha | 1 · 2.2 ha | 7.4 m · 1 fl. |
| 44008B0053/00K000 | Flanders | 418 m² | - | - |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
25-08-2025 1 director appointed, 1 resigning
- Kurt Raman, Bestuurder
- André Raman, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Andr\u00E9 Raman",
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"birth_date": null,
"profession": null,
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},
"reason": "end_of_term",
"subkind": "regular",
"via_org": null,
"statutory": "niet_statutair",
"compensated": null,
"effective_date": "2025-06-05",
"evidence_quote": "",
"decharge_status": null,
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"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
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},
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"statutory": "niet_statutair",
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"effective_date": "2025-06-05",
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"mandate_duration": {
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},
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"effective_date_qualifier": "immediate"
},
{
"kind": "substantive_delegation",
"role": "dagelijks_bestuur",
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"subkind": null,
"via_org": {
"kbo": "0882.371.584",
"name": "NV TITECA ACCOUNTANCY",
"address": "Heirweg 198, 8800 Roeselare",
"country": "BE",
"legal_form": "NV"
},
"statutory": null,
"compensated": null,
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"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
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},
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-08-25",
"filing_date": "2025-08-14",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2025-06-05",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2025-06-05",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2025-06-05",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0433.987.205",
"name_full": "RAVAL",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "NV TITECA ACCOUNTANCY",
"person_name": "Manon De Groote",
"org_rep_person_name": "Manon De Groote",
"person_role_at_subject": "Aangestelde"
},
"co_filed_documents": [
"de notulen van de algemene vergadering dd. 05/06/2025"
],
"corrected_publication_numac": null
}| Legal nameNL | RAVAL |