Financials
Financial year 2024
Ets André RAFHAY from Sivry-Rance, company number BE0443398282, closed financial year 2024 with a result of € 37,516 after tax. For that financial year Ets André RAFHAY recorded a gross margin of € 913,431 and equity of € 766,505. Compared with financial year 2023, the result moved from € 36,633 to € 37,516. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 12, 2026.
€ 766,505
▲ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,516
▲ 2% vs 2023
Profit after tax over the fiscal year.
€ 1,659
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 683,505.
People and assets in 2024
€ 227,444
▼ 29% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 71,804
▼ 22% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 922,297
▼ 16% vs 2023
€ 332,257 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 722,095
▲ 22% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 83,344
▲ 25% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 3,995,937 | € 4,444,412 | - | - | |
| Gross margin | € 691,291 | € 880,819 | € 884,997 | € 913,431 | ▲ 3% |
| Profit after taxes | € 132,117 | € 241,277 | € 36,633 | € 37,516 | ▲ 2% |
| Equity | € 436,795 | € 678,072 | € 714,705 | € 766,505 | ▲ 7% |
| Total debts | € 1,480,573 | € 1,648,995 | € 1,764,603 | € 1,737,782 | ▼ 2% |
| Cash | € 19,364 | € 40,624 | € 0 | € 1,659 | |
| Land & buildings | € 182,987 | € 184,429 | € 497,717 | € 485,005 | ▼ 3% |
| Retained profit | € 353,795 | € 595,072 | € 631,705 | € 683,505 | ▲ 8% |
| Bank debt | € 778,386 | € 671,756 | € 1,097,159 | € 922,297 | ▼ 16% |
| Balance sheet total | € 1,917,368 | € 2,327,067 | € 2,479,308 | € 2,504,287 | ▲ 1% |
| Employees (FTE) | 5.5 | 6.7 | - | - |
Key figures of Ets André RAFHAY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Ets André RAFHAY?
What happened at Ets André RAFHAY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 37,516 (▲ 2% vs 2023). filed late Source: NBB ↗
- New establishment in Sivry-Rance. KBO
- Start of the company according to the CBE. KBO
In short
From € 132,117 profit in 2021 to € 37,516 profit in 2024.
Paid € 75,568 in corporate taxes since 2021.
Best year ever: 2022, with € 241,277 profit.
On average € 131,500 of value added per employee in 2022.
Management
Behind Ets André RAFHAY is Michael Rafhay.
Directors
According to the 2024 annual accounts
Michael Rafhay
Andere functie
Establishments
Establishment units
Physical locations of this company
Plagne 2
6470 Sivry-Rance
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.398.282
- VAT number
- BE 0443.398.282
- Registered office
- Plagne 2, 6470 Sivry-Rance
- Names & denominations
- Ets André RAFHAY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 1991
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Reparatie en onderhoud van machines
Detailhandel in onderdelen en accessoires van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
+5