RAYDOX
ActiveRAYDOX has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €183k and a net result of €78k. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 72% of 1543 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+12
Solvency82▼-18
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 10.71 in 2024; short-term debt: 43.1% and cash: 60.4% of total assets), and 43.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.9%
Return on assets
24.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-04-2026, 115 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
115 d early
2024
59 d early
2023
21 d early
2022
11 d early
2021
6 d early
2020
30 d late
2019
45 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€183k▼ 67.7%
2024 · €566k
2018: €114k
2019: €166k
2020: €281k
2021: €404k
2022: €450k
2023: €482k
2024: €566k
2018 → 2025
Total assets
€321k▼ 47.9%
2024 · €617k
2018: €177k
2019: €210k
2020: €335k
2021: €498k
2022: €540k
2023: €531k
2024: €617k
2018 → 2025
Net result
€78k▼ 12.8%
2024 · €89k
2018: €38k
2019: €52k
2020: €115k
2021: €122k
2022: €46k
2023: €32k
2024: €89k
2018 → 2025
Working capital
€86k▼ 82.6%
2024 · €497k
2018: €76k
2019: €130k
2020: €211k
2021: €319k
2022: €376k
2023: €421k
2024: €497k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€404k-€450k▲ 11.4%€482k▲ 7.2%€566k▲ 17.4%€183k▼ 67.7%
Operating result€179k-€64k▼ 64.2%€55k▼ 14.8%€106k▲ 95.0%€99k▼ 7.2%
Net result€122k-€46k▼ 62.3%€32k▼ 30.2%€89k▲ 178%€78k▼ 12.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €321k
Fixed assets
€96k▲ 40.5%
Current assets
€225k▼ 59.0%
Equity and liabilities €321k
Equity
€183k▼ 67.7%
Debt
€138k▲ 170%
The debt ratio rises from 8.3% to 43.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€125k▼
2024 · €126k
Cash flow
€105k▼
2024 · €109k
Solvency
56.9%▼
2024 · 91.7%
Current ratio
1.62▼
2024 · 10.71
Quick ratio
1.56▼
2024 · 10.48
Debt / equity
0.76▲
2024 · 0.09
ROE
42.6%▲
2024 · 15.8%
ROA
24.3%▲
2024 · 14.5%
Interest coverage
41.72▼
2024 · 45.80
Debt
€138k▲
2024 · €51k
Debt ≤ 1 year
€138k▲
2024 · €51k
Income taxes
€18k▼
2024 · €21k
Staff costs
€162k▲
2024 · €141k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€617k€321k▼
Fixed assets21/28€69k€96k▲
Intangible fixed assets21-€6k
Tangible fixed assets22/27€65k€87k▲
Land and buildings22€3k€447▼
Plant, machinery and equipment23€52k€72k▲
Furniture and vehicles24€5k€5k▲
Other tangible fixed assets26€4k€9k▲
Financial fixed assets28€4k€4k=
Current assets29/58€548k€225k▼
Amounts receivable after more than one year29€195k€0▼
Other amounts receivable291€195k€0▼
Stocks and contracts in progress3€12k€9k▼
Stocks30/36€12k€9k▼
Amounts receivable within one year40/41€38k€12k▼
Trade receivables40€322€0▼
Other amounts receivable41€38k€12k▼
Cash at bank and in hand54/58€283k€194k▼
Deferred charges and accrued income490/1€20k€10k▼
Equity and liabilities
Total equity and liabilities10/49€617k€321k▼
Equity10/15€566k€183k▼
Contributions10/11€19k€19k=
Reserves13€547k€164k▼
Distributable reserves133€547k€164k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€51k€138k▲
Amounts payable within one year42/48€51k€138k▲
Trade debts44€28k€51k▲
Suppliers440/4€28k€51k▲
Taxes, remuneration and social security45€18k€88k▲
Taxes450/3€0€62k▲
Remuneration and social security454/9€18k€26k▲
Other amounts payable47/48€6k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€141k€162k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€27k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€270k€290k▲
Operating profit (loss)9901€106k€99k▼
Financial income75/76B€6k€141▼
Recurring financial income75€6k€141▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€110k€96k▼
Income taxes67/77€21k€18k▼
Profit (loss) for the period9904€89k€78k▼
Profit (loss) for the period to be appropriated9905€89k€78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€89k€78k▼
Transfer from equity791/2-€461k
Transfer to equity691/2€84k€78k▼
To other reserves6921€84k€78k▼
Profit to be distributed694/7€6k€461k▲
Return on contributions (dividend)694-€461k
Directors or managers695€6k€0▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €566k ▲17.4%
7 profitable years in a row build equity to €566k.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €32k ▼30.2%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €122k ▲6.1%
Operating result €179k, net result €122k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €200kEq €281k ▲69.1%
3 profitable years in a row build equity to €281k.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
31-12
Financial
Equity above €150kEq €166k ▲46%
2 profitable years in a row build equity to €166k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
28-12-2023
Resigned as Director
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 1977
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.
Villerslei 252900 SchotenGround area
136 m²
Building footprint
135 m²
Volume, LiDAR
719 m³
Parcel 11442C0135/00T002, Flanders · tallest building 11.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Villerslei 25, 2900 Schoten
since 19772.014.084.541
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0135/00T002 | Flanders | 136 m² | 1 · 135 m² | 11.2 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileySchoten2.014.084.541
Similar companies · same sector, comparable size
MARY D.
BE 0447.376.272
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DUNGKAR
BE 0746.373.527
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TANTA POPINA
BE 0773.524.718
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I FRATELLI
BE 0746.609.988
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HMCBelgium
BE 0651.873.454
Liège · Eq €164k
Of 446 companies in sector 10850 we hold annual accounts for 173. 106 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-1977
Fiscal year end31-12
Activities, NACEBEL
10850Manufacture of food products
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52112
10130Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.