RAYNAUD
InactiveInactive; last annual accounts for fiscal year 2024. Dissolved without liquidation on 23-12-2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-06-2025, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2024
54 d early
2023
3 d early
2022
6 d early
2021
17 d early
2020
32 d early
2019
20 d early
2018
67 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 28 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2024, abbreviated schema
Equity
€271,169▼ 15.9%
2023 · €322,302
Total assets
€408,570▼ 34.1%
2023 · €619,844
Net result
€47,353▼ 19.8%
2023 · €59,043
Working capital
€229,607▼ 24.6%
2023 · €304,410
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€88,861▲ 28.4%€112,505▲ 26.6%€147,298▲ 30.9%€84,636▼ 42.5%€131,421▲ 55.3%
Net result€64,508▲ 40.4%€82,770▲ 28.3%€110,988▲ 34.1%€59,043▼ 46.8%€47,353▼ 19.8%
Equity€299,501▲ 0.2%€302,271▲ 0.9%€313,259▲ 3.6%€322,302▲ 2.9%€271,169▼ 15.9%
Total assets€606,623▲ 8.4%€631,342▲ 4.1%€755,089▲ 19.6%€619,844▼ 17.9%€408,570▼ 34.1%
Debt€307,122▲ 17.9%€329,071▲ 7.1%€441,830▲ 34.3%€297,542▼ 32.7%€137,401▼ 53.8%
Working capital€322,768▲ 0.2%€330,128▲ 2.3%€286,400▼ 13.2%€304,410▲ 6.3%€229,607▼ 24.6%
Staff (FTE)1.9▼ 5.0%2▲ 5.3%2=2=1.1▼ 45.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 55% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €408,570
Fixed assets
€45,895 ▼ 65.9%
Current assets
€362,675 ▼ 25.3%
Equity and liabilities €408,570
Equity
€271,169 ▼ 15.9%
Debt
€137,401 ▼ 53.8%
Debt's share of the balance-sheet total falls from 48.0% to 33.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€136,431▲
2023 · €95,058
Cash flow
€52,363▼
2023 · €69,465
Current ratio
2.73▲
2023 · 2.68
Quick ratio
1.78▼
2023 · 2.04
Debt to equity
0.51▼
2023 · 0.92
ROE
17.5%▼
2023 · 18.3%
ROA
11.6%▲
2023 · 9.5%
Interest coverage
20.10▲
2023 · 14.30
Debt ≤ 1 year
€133,068▼
2023 · €180,995
Debt > 1 year
€0▼
2023 · €112,000
Income taxes
€27,218▲
2023 · €19,682
Staff costs
€62,091▼
2023 · €75,358
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €5,950 | €720 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €100,442 | €100,739 | €75,358 | €62,091 | ▼ 17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,239 | €4,590 | €3,120 | €10,422 | €5,010 | ▼ 51.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | -€301 | -€1,097 | €2,479 | ▲ 326% |
| Other operating charges640/8 | - | €1,465 | €3,265 | €3,826 | €2,811 | ▼ 26.5% |
| Non-recurring operating charges66A | - | - | - | - | €1,314 | - |
| Gross operating margin9900 | €189,925 | €219,002 | €254,122 | €173,145 | €205,127 | ▲ 18.5% |
| Operating profit (loss)9901 | €88,861 | €112,505 | €147,298 | €84,636 | €131,421 | ▲ 55.3% |
| Financial income75/76B | - | €1,750 | €1,264 | €738 | €1,080 | ▲ 46.2% |
| Recurring financial income75 | €1,573 | €1,750 | €1,264 | €738 | €1,080 | ▲ 46.2% |
| Financial charges65/66B | - | €6,194 | €6,263 | €6,648 | €57,929 | ▲ 771% |
| Recurring financial charges65 | €6,108 | €6,194 | €6,263 | €6,648 | €6,788 | ▲ 2.1% |
| Non-recurring financial charges66B | - | - | - | - | €51,141 | - |
| Profit (loss) for the period before taxes9903 | €84,326 | €108,061 | €142,300 | €78,726 | €74,572 | ▼ 5.3% |
| Income taxes67/77 | €19,818 | €25,291 | €31,311 | €19,682 | €27,218 | ▲ 38.3% |
| Profit (loss) for the period9904 | €64,508 | €82,770 | €110,988 | €59,043 | €47,353 | ▼ 19.8% |
| Profit (loss) for the period to be appropriated9905 | €64,508 | €82,770 | €110,988 | €59,043 | €47,353 | ▼ 19.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €606,623 | €631,342 | €755,089 | €619,844 | €408,570 | ▼ 34.1% |
| Fixed assets21/28 | €93,280 | €88,690 | €143,406 | €134,439 | €45,895 | ▼ 65.9% |
| Tangible fixed assets22/27 | €14,316 | €9,726 | €64,443 | €55,475 | €11,876 | ▼ 78.6% |
| Land and buildings22 | - | €4,910 | €3,838 | €2,779 | €1,720 | ▼ 38.1% |
| Plant, machinery and equipment23 | - | €0 | €29,926 | €24,215 | €6,315 | ▼ 73.9% |
| Furniture and vehicles24 | - | €4,816 | €30,679 | €28,482 | €3,841 | ▼ 86.5% |
| Financial fixed assets28 | €78,964 | €78,964 | €78,964 | €78,964 | €34,019 | ▼ 56.9% |
| Current assets29/58 | €513,343 | €542,652 | €611,683 | €485,405 | €362,675 | ▼ 25.3% |
| Stocks and contracts in progress3 | €142,800 | €159,300 | €164,480 | €115,690 | €125,684 | ▲ 8.6% |
| Stocks30/36 | - | €159,300 | €164,480 | €115,690 | €125,684 | ▲ 8.6% |
| Amounts receivable within one year40/41 | €165,531 | €147,931 | €174,499 | €157,822 | €143,486 | ▼ 9.1% |
| Trade receivables40 | - | €147,694 | €174,496 | €152,095 | €140,759 | ▼ 7.5% |
| Other amounts receivable41 | - | €237 | €4 | €5,727 | €2,727 | ▼ 52.4% |
| Cash at bank and in hand54/58 | €202,334 | €232,690 | €268,188 | €206,215 | €88,330 | ▼ 57.2% |
| Deferred charges and accrued income490/1 | - | €2,730 | €4,515 | €5,678 | €5,174 | ▼ 8.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €606,623 | €631,342 | €755,089 | €619,844 | €408,570 | ▼ 34.1% |
| Equity10/15 | €299,501 | €302,271 | €313,259 | €322,302 | €271,169 | ▼ 15.9% |
| Contributions10/11 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €237,501 | €240,271 | €251,259 | €251,259 | €209,169 | ▼ 16.8% |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Distributable reserves133 | - | €221,676 | €232,664 | €232,664 | €190,574 | ▼ 18.1% |
| Profit (loss) carried forward14 | - | €0 | €0 | €9,043 | €0 | ▼ 100% |
| Amounts payable17/49 | €307,122 | €329,071 | €441,830 | €297,542 | €137,401 | ▼ 53.8% |
| Amounts payable after more than one year17 | €112,000 | €112,000 | €112,000 | €112,000 | €0 | ▼ 100% |
| Financial debts170/4 | - | €112,000 | €112,000 | €112,000 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €190,575 | €212,524 | €325,283 | €180,995 | €133,068 | ▼ 26.5% |
| Trade debts44 | €93,623 | €76,781 | €116,876 | €86,957 | €105,354 | ▲ 21.2% |
| Suppliers440/4 | - | €76,781 | €116,876 | €86,957 | €105,354 | ▲ 21.2% |
| Taxes, remuneration and social security45 | - | €13,790 | €16,799 | €16,297 | €26,905 | ▲ 65.1% |
| Taxes450/3 | - | €4,782 | €7,792 | €9,065 | €20,144 | ▲ 122% |
| Remuneration and social security454/9 | - | €9,008 | €9,007 | €7,233 | €6,761 | ▼ 6.5% |
| Other amounts payable47/48 | - | €121,953 | €191,607 | €77,741 | €809 | ▼ 99.0% |
| Accrued charges and deferred income492/3 | - | €4,547 | €4,547 | €4,547 | €4,333 | ▼ 4.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64,508 | €82,770 | €110,988 | €59,043 | €47,353 | ▼ 19.8% |
| + Depreciation and write-downs630 | €5,239 | €4,590 | €3,120 | €10,422 | €5,010 | ▼ 51.9% |
| Operating cash flow (approximation) | €69,747 | €87,360 | €114,108 | €69,465 | €52,363 | ▼ 24.6% |
| Investment in fixed assets (approximation) | - | €0 | -€57,836 | -€1,455 | €83,534 | ▲ 5,843% |
| Change in cash | - | €30,356 | €35,498 | -€61,973 | -€117,885 | ▼ 90.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
22-01
State Gazette act
Restructuring · End & cessationPermanent representatives: VAN BOGAERT Michaël Marie Thierry Michèle and VAN BOGAERT François Marie Louis Jacques Beatrice · Merger · Accounting effect7 facts ▸
State Gazette act
Restructuring · End & cessation
Permanent representatives: VAN BOGAERT Michaël Marie Thierry Michèle and VAN BOGAERT François Marie Louis Jacques Beatrice · Merger · Accounting effect7 facts ▸
- General meeting, 23-12-2025
- Merger, 23-12-2025
- Accounting effect, 01-10-2025
- Dissolution, 23-12-2025
- Share cancellation, 100%
- Permanent representative, VAN BOGAERT Michaël Marie Thierry Michèle
- Permanent representative, VAN BOGAERT François Marie Louis Jacques Beatrice
2025
07-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €110,988 ▲34.1%
Operating result €147,298, net result €110,988, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
11-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
10-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- CANAL
- RAYNAUD
Highest known parent: CANAL. The sources do not say who stands above it.
Owners 1
- CANALparentSourceaccounts CANAL 2024100%
Holdings 1
- VERTEGENWOORDIGINGSKANTOOR DUMONT W.J.subsidiarySourceown accounts 2024Equity €33,306Result -€3,07499.6%
According to the 2024 annual accounts of RAYNAUD and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:CANAL