Rayve
The computed 12-month bankruptcy probability of Rayve is 1.0% (low). The 2024 annual accounts show negative equity (€-66k) and a net result of €54k. Equity is shrinking by ~33.9% per year across the filed fiscal years. Its solvency ranks better than 18% of 6661 sector peers (fiscal year 2024). The company has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-66k |
| Net result | €54k |
| Staff (FTE) | 12.9 |
| Better than sector | 18% |
Mixed profile: strong on stability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | -21.5% | 20.3% | |
| Net result | €54k | €4k | |
| Equity | €-66k | €16k | |
| Gross operating margin | €339k | €24k | |
| Staff costs | €245k | €33k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €819k |
| EBITDA | €89k |
| Net profit | €54k |
| Cash flow | €77k |
| Staff costs | €245k |
| Income taxes | - |
| Dividends | - |
| Total assets | €309k |
| Equity | €-66k |
| Debt | €375k |
| of which ≤ 1y | €375k |
| of which > 1y | - |
| Working capital | €-167k |
| Employees (FTE) | 12.9 |
| 2024 | |
|---|---|
| Current ratio | 0.56 |
| Quick ratio | 0.55 |
| Working capital ratio | -53.9% |
| Solvency | -21.5% |
| Debt / equity | -5.65 |
| Long-term debt ratio | - |
| Interest coverage | 7.24 |
| Gross margin | 41.1% |
| Net margin | 6.6% |
| ROA | 17.4% |
| ROE | -81.1% |
| EBITDA margin | 10.9% |
| Days sales outstanding | 22d |
| Days payable outstanding | 48d |
| Inventory turnover | 129.62 |
| Days inventory (DSI) | 3d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €309k |
| Fixed assets | 21/28 | €100k |
| Intangible fixed assets | 21 | €795 |
| Tangible fixed assets | 22/27 | €92k |
| Financial fixed assets | 28 | €7k |
| Current assets | 29/58 | €209k |
| Stocks & contracts in progress | 3 | €4k |
| Amounts receivable within one year | 40/41 | €52k |
| Cash & bank | 54/58 | €150k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €309k |
| Equity | 10/15 | €-66k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €5k |
| Accumulated profits (losses) | 14 | €-90k |
| Amounts payable | 17/49 | €375k |
| Amounts payable within one year | 42/48 | €375k |
| Trade debts payable within one year | 44 | €63k |
| Income statement | ||
| Turnover | 70 | €819k |
| Gross operating margin | 9900 | €339k |
| Operating result | 9901 | €66k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €54k |
| Net result for the period | 9904 | €54k |
| Result to be appropriated | 9905 | €54k |
| NACE primary | Retail trade(47784) |
| Legal form | Private limited company(610) |
| Incorporation | 01-01-1968 |
| Status | Active |
| Postal code | 1000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A1275/00D000 | Brussels | 32 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
12-02-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Fran\u00E7ois MATHONET",
"firm_city": null,
"firm_name": null,
"office_city": "Li\u00E8ge",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-02-12",
"filing_date": "2024-02-08",
"act_kind_objet": "DEMISSIONS, NOMINATIONS, ASSEMBLEE GENERALE, MODIFICATION FORME JURIDIQUE, STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS)"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2023-12-27",
"unanimous": true
},
"agm_change": null,
"detected_kind": "statutes_change",
"other_address": null,
"mandate_renewal": {
"period_end": null,
"mandate_kind": "administrateur",
"period_start": null,
"remuneration_eur": null,
"remuneration_kind": null,
"person_or_entity_kbo": null,
"person_or_entity_name": "BOU RAAD Rola"
},
"subject_company": {
"kbo": "0405.680.130",
"name_full": "Rayve",
"legal_form": "SRL"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [
"PV de l\u0027assembl\u00E9e g\u00E9n\u00E9rale",
"coordination des statuts"
],
"fiscal_year_change": {
"new_end_mm_dd": "31-12",
"old_end_mm_dd": "31-12",
"new_start_mm_dd": "01",
"old_start_mm_dd": "01",
"first_full_new_year": null,
"transition_period_end": null
},
"liquidation_closure": null,
"officer_designation": {
"role": "administrateur",
"organ": "raad_van_bestuur",
"person_name": "BOU RAAD Rola"
},
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Rayve |