RAY
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance sheet
balance sheet total €33,034 on 31-12-2025Position in the sector
63.1%
Higher than 60% of 9,770 companies in 2025.
55.8%
Higher than 92% of 9,624 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
33,034 | |
21/28 |
7,287 | |
22/27 |
7,287 | |
24 |
7,287 | |
29/58 |
25,748 | |
40/41 |
15,688 | |
40 |
8,817 | |
41 |
6,870 | |
54/58 |
10,060 | |
| Balance sheet: equity and liabilities | ||
10/49 |
33,034 | |
10/15 |
20,847 | |
10/11 |
4,000 | |
13 |
16,847 | |
133 |
16,847 | |
17/49 |
12,187 | |
42/48 |
12,187 | |
44 |
1,967 | |
440/4 |
1,967 | |
45 |
9,100 | |
450/3 |
7,481 | |
454/9 |
1,620 | |
47/48 |
1,120 | |
| Income statement | ||
9900 |
26,841 | |
630 |
2,799 | |
640/8 |
998 | |
9901 |
23,044 | |
75/76B |
186 | |
75 |
186 | |
65/66B |
224 | |
65 |
224 | |
9903 |
23,006 | |
67/77 |
4,559 | |
9904 |
18,447 | |
9905 |
18,447 | |
| Appropriation of the result | ||
9906 |
18,447 | |
691/2 |
16,847 | |
6921 |
16,847 | |
694/7 |
1,600 | |
694 |
1,600 | |
| Document | ||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00228749 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 10,086 | ||
| 63.1% | ||
| 88.5% | ||
| 55.8% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €10,086 |
| €2,799 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on RAY
Debt's share of the balance-sheet total is 36.9%.