About M-Ray
M-Ray is a private limited company (BV/SRL) based in Sint-Pieters-Woluwe, founded in 2008. For the 2025 financial year, M-Ray reported a profit of €416,414. That makes 6 profitable financial years in a row for M-Ray. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €601,019, up 97% on 2024. Equity stands at €1.1 million, a solvency ratio of 88%. In 2009 it was €43,748. 17 annual accounts are available, covering 2009 to 2025.
- Signals
-
ProfitableProfitable € 416K
The company reported a positive net result in the latest financial year.
Strong equityStrong equity € 1.07MStrong equity provides a buffer against setbacks.
Low riskLow risk 88.0%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 18.29A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Positive cashflowPositive cashflow € 428KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 602KPositive EBITDA: operating activities are profitable.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
601K
|
€
306K
|
€
398K
|
€
379K
|
|
|
€
602K
|
€
306K
|
€
515K
|
€
354K
|
|
|
€
416K
|
€
211K
|
€
269K
|
€
158K
|
|
|
€
1.07M
|
€
654K
|
€
443K
|
€
174K
|
|
|
87.96%
|
84.61%
|
77.48%
|
39.28%
|
|
|
€
64K
|
€
35K
|
€
43K
|
€
65K
|
|
|
€
1.11M
|
€
671K
|
€
363K
|
€
206K
|
Publications 10
All publications- Statuts (Traduction, Coordination, Autres Modifications, ) - Modification Forme Juridique - Demissions, Nominations 17/01/2022
- Me. - Comptes Annuels 31.12.2015, App 24.06.2016, Dpt 23.08.2016 16448-0126-011 25/08/2016
- Me. - Comptes Annuels 31.12.2014, App 27.06.2015, Dpt 23.07.2015 15327-0441-011 27/07/2015
- Me. - Comptes Annuels 31.12.2013, App 27.06.2014, Dpt 14.07.2014 14295-0039-011 15/07/2014
- Me. - Comptes Annuels 31.12.2012, App 28.06.2013, Dpt 28.08.2013 13473-0581-010 02/09/2013
Frequently asked questions
Answers to the most common questions about M-Ray, based on official government data and the filed annual accounts.
What is the VAT number of M-Ray?
The VAT number of M-Ray is BE0899.861.674.
When was M-Ray established?
M-Ray was founded in 20-08-2008.
What is the official address of M-Ray?
The official address of M-Ray is Prins Boudewijnlaan 59 Sint-Pieters-Woluwe 1150.
What is the legal form of M-Ray?
The juridical form of M-Ray is Private limited company (BV/SRL).
What is the annual revenue of M-Ray?
The 2025 accounts of M-Ray do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is M-Ray a reliable company?
M-Ray is a registered Rechtspersoon with company number 0899.861.674 and can be verified through the official CBE database.
What is the credit limit of M-Ray?
The estimated credit limit of M-Ray is €697,900.
Is M-Ray still active?
M-Ray currently has the status "Normal situation" and is active.