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RAYS

Active
Private limited companyfounded 2017active for 9 yearsPacificatiestraat 67, 2000 Antwerpen, BelgiumKBO/BCE: BE 0674.815.340
Summary

RAYS has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €237,163 and a net result of €12,946. Equity has been growing by about 37% per year since 2018. Its solvency ranks better than 88% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-04-2017 Normal situation
Activity
Retail sale of lighting equipment NACE 47552
Establishment units
2.263.632.184 2000 Antwerpen, since 25-04-2017
2.349.434.723 2660 Antwerpen, since 18-09-2023
Financial year end
31 December
Peppol
Reachable since 14-04-2025

Board and ownership

Board

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€61,950
▲ 314%
Turnover
≈ €300,000
estimated
Profit
€12,946
Equity
€237,163
▲ 5.8%
Total assets
€295,031
▼ 7.7%
Employees on 31-12-2025
1
=
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 6.17, cash €51,954, halvedEquity €237,163 (80.4% of total assets)Figures for financial year 2025 (filed on 13-07-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 100+5
equity 80.4% of total assets
Liquidity 70-17
short-term debt 13.4% · cash 17.6%
Profitability 74+73
return on assets 4.4%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,281 companies, NACE 47, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.4%▼ -0.1 percentage points vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.5 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.17 (3.83 in 2024), above the usual 1.5. Short-term debt is 13.4% and cash 17.6% of total assets. 19.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 76% on liquidity, 60% on profitability and 53% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 6.17, cash €51,954, halved
NBB · annual accounts
lowers risk · Equity €237,163 (80.4% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Figures for financial year 2025 (filed on 13-07-2026)
NBB · annual accounts
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 13-07-2026, 18 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
18 days early
2024
1 day early
2023
19 days early
2022
31 days late
2021
31 days late
2020
235 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 50 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (5 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €45,653 in 2024 €12,946 View
  • Positive: Higher solvency than 88% of companies in retail tradesector median 33.2% · 22,774 companies 80.4% View
  • New directorlatest change 15-10-2026 · 2 in office 1 joined View

Recent changes

  1. · Gazette deed Appointment: Maud Van Parys (director)
  2. · Gazette deed Company renamed from SELECTRICS to RAYSChange of role: SEGERS Niels, from manager to director
  3. · Gazette deed Demerger: ALGEMENE BOUWONDERNEMING AGREBO splits off to SELECTRICSCapital increase of €6,048.41 to €24,648.41
All 19 events

Comparable companies

These companies have the same main activity as RAYS: retail sale of lighting equipment (NACE 47552). They are comparable in size and age: total assets between €197,000 and €416,000, founded between 2014 and 2019.

CompanyTotal assetsGross margin
RAYS Antwerpen€295,031€61,950
4 Everything Events Lubbeek€250,493€67,800
TL Besparen Pelt€240,994€78,386
Ledsol Schoten€196,867€48,413
BIGALUX Dentergem€250,814€59,041
GN LIGHT Lier€416,097€82,457
Jeune Concept Westerlo€337,023€151,382
Full comparison

Key facts about RAYS

What is the company number of RAYS?
The company number of RAYS is 0674.815.340. The VAT number is the same number with BE in front: BE 0674.815.340.
Where is RAYS based?
The registered office is at Pacificatiestraat 67, 2000 Antwerpen.Company details
What does RAYS do?
According to the KBO register, the main activity is retail sale of lighting equipment (NACE 47552).
What is the legal form of RAYS?
The legal form of RAYS is Private limited company (BV).
When was RAYS founded?
RAYS was founded on 25-04-2017.
Is RAYS still active?
Yes, RAYS is an active enterprise in the KBO register.
How many employees does RAYS have?
RAYS had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RAYS?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €61,950 and 35 comparable companies (NACE 475). It probably lies between €170,000 and €510,000.
Is RAYS profitable?
In financial year 2025, RAYS made a profit of €12,946.
Where can I find the annual accounts of RAYS?
RAYS filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RAYS due?
RAYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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