RAVODEC
Bankruptcy closedRAVODEC was declared bankrupt (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed by liquidation by judgment of 06-07-2026, published in the Belgian State Gazette on 30-07-2026.
No longer registered with the KBO since 06-07-2026; last annual accounts for fiscal year 2019.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2019 was due by 30-04-2020 and was filed on 30-04-2020, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2019, abbreviated schema
Equity
€217k▲ 67.8%
2018 · €129k
2018: €129k
2018 → 2019
Total assets
€4.62M▼ 2.2%
2018 · €4.72M
2018: €4.72M
2018 → 2019
Net result
€-62k
2018 · €789
2018: €789
2018 → 2019
Working capital
€-546k▼ 19.9%
2018 · €-456k
2018: €-456k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€129k-€217k▲ 67.8%
Operating result€82k-€53k▼ 35.3%
Net result€789-€-62k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2019; 2019 is 35% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €4.62M
Fixed assets
€3.56M▲ 0.2%
Current assets
€1.06M▼ 9.4%
Equity and liabilities €4.62M
Equity
€217k▲ 67.8%
Debt
€4.40M▼ 4.1%
The debt ratio falls from 97.3% to 95.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€195k▼
2018 · €306k
Cash flow
€80k▼
2018 · €225k
Solvency
4.7%▲
2018 · 2.7%
Current ratio
0.66▼
2018 · 0.72
Quick ratio
0.46▼
2018 · 0.48
Debt / equity
12.82▼
2018 · 22.90
ROE
-28.7%▼
2018 · 0.6%
ROA
-1.3%▼
2018 · 0.0%
Debt
€4.40M▼
2018 · €4.59M
Debt ≤ 1 year
€1.61M▼
2018 · €1.63M
Debt > 1 year
€2.78M▼
2018 · €2.96M
Income taxes
€249▲
2018 · €177
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2019 against 2018
Balance sheet
Code20182019
Assets
Total assets20/58€4.72M€4.62M▼
Fixed assets21/28€3.55M€3.56M▲
Intangible fixed assets21€5k€0▼
Tangible fixed assets22/27€3.54M€3.56M▲
Financial fixed assets28€160€160=
Current assets29/58€1.17M€1.06M▼
Stocks and contracts in progress3€382k€320k▼
Amounts receivable within one year40/41€706k€596k▼
Cash at bank and in hand54/58€41k€14k▼
Equity and liabilities
Total equity and liabilities10/49€4.72M€4.62M▼
Equity10/15€129k€217k▲
Contributions10/11€252k€252k=
Profit (loss) carried forward14€-122k€-184k▼
Amounts payable17/49€4.59M€4.40M▼
Amounts payable after more than one year17€2.96M€2.78M▼
Amounts payable within one year42/48€1.63M€1.61M▼
Trade debts44€870k€535k▼
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€224k€142k▼
Gross operating margin9900€645k€665k▲
Operating profit (loss)9901€82k€53k▼
Recurring financial income75€3k€3k▲
Recurring financial charges65€84k€101k▲
Profit (loss) for the period before taxes9903€966€-62k▼
Income taxes67/77€177€249▲
Profit (loss) for the period9904€789€-62k▼
Profit (loss) for the period to be appropriated9905€789€-62k▼
Timeline · acts, filings and financial milestones
2026
30-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · RAVODEC NV RIJKSWEG 15/A, 2880 BORNEM · event 06-07-2026
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €200kEq €217k ▲67.8%
Equity rises from €129k to €217k.
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
11-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
26-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
12-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
30-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
27-05
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
31-08
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Bornem
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rijksweg(BOR) 152880 BornemGround area
2.2 ha
Building footprint
1.3 ha
Volume, LiDAR
117,410 m³
Parcel 12007C0360/00L000, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0360/00L000 | Flanders | 2.2 ha | 1 · 1.3 ha | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 908 companies in sector 25120 we hold annual accounts for 677. 548 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-04-1989
Fiscal year end30-09
Activities, NACEBEL
25120Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.