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WESTRAY

Bankruptcy closed Private limited companyKBO/BCE: BE 0697.631.522

Lifetime

4 annual accounts with figures on one time axis
peak €65,137 (2022)
€65,137▲ €97,726
lowest -€102,311 (2020)
€10,682▲ €74,842
peak €421,417 (2022)
€421,417▲ 2.6%
€54,789▲ 707%
Board6 names since 2018
2 directorsKenneth Ruyts and 1 other
Documentsfilings and deeds
22-08-202322 days late
2022micro format
Gross margin from -€32,589 to €65,137Back to profit: €10,682Debts from €6,786 to €54,789Investments €219,889Cash from €204,174 to €52,323

Key points

from the 2022 annual accounts, the last ones filed

Investments

€214,692 4.5 × depreciation
20212022

Green is investment, beige is depreciation.

Liquidity

2.23 was 34.00 in 2021

Short-term debts rose from €6,786 to €54,789.

Filings

4 annual accounts 1 late
AprilJune31 JulyOctober2019202020212022

The 2022 accounts came 22 days late. The other three were filed on time.

No score

Board and ownership

KR
Daily manager
HS
Director
JC
Director
  • VANDERSTOCKT Naomi Dominique 2,000 sharesdeed of 15-10-2019
  • Hans SEEUWS 47,000 sharesdeed of 15-10-2019
  • Kenneth RUYTS 48,000 sharesdeed of 15-10-2019
and 1 other shareholderBoard & ownership

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Antwerp, Antwerp division · judgment of 14-04-2026 · Bankruptcy
Bankruptcy published Enterprise Court of Antwerp, Antwerp division · judgment of 09-11-2023 · Bankruptcy
3 directors appointed Hans Seeuws, Jacob Cuperus and Kenneth Ruyts (proxy holder) · General meeting of 06-03-2023 · Gazette deed
Share issue · Amendment of the articles Issue of 5,520 shares · Issue of 2,760 shares · Issue of 14,576 shares · General meeting of 31-03-2023 · Gazette deed
All 20 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 09-11-2023
Legal form
Private limited company
Activity
“Onderzoek,ontwikkeling,productie en installatie van veiligheidstoepassingen in de breedste zin van het woord” (deed in Dutch)From the articles, 9 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2022

≈ €200,000estimated
€476,205▲ 14.1%
Filing
Filed on 22-08-2023
Financials

Insights on WESTRAY

On 9 November 2023 the court declared WESTRAY bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about WESTRAY

What is the company number of WESTRAY?
The company number of WESTRAY is 0697.631.522. The VAT number is the same number with BE in front: BE 0697.631.522.
What is the legal form of WESTRAY?
WESTRAY is a private limited company (BV).
Is WESTRAY still active?
No. The bankruptcy of WESTRAY has been closed.Company details
How many employees did WESTRAY have?
WESTRAY had an average of 0.2 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of WESTRAY?
The turnover in financial year 2022 is ≈ €200,000. This figure is estimated from the gross margin of €65,137 and 2,667 comparable companies of the same size. It probably lies between €130,000 and €340,000. It is a rough estimate.
Is WESTRAY profitable?
In financial year 2022, WESTRAY made a profit of €10,682.
Where can I find the annual accounts of WESTRAY?
WESTRAY filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

Next steps

Keep this company with today's facts in a case file.