What does Raincode do?
RAINCODE specializes in modernizing legacy software systems, enabling organizations to enhance their IT infrastructure. The company offers tools and services for application transformation, data migration, and modernization strategies. RAINCODE aims to help businesses improve efficiency and reduce costs through innovative technology solutions.
- Activities
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No results found
- Signals
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Juridical warningJuridical warning
The legal status points to elevated risk (e.g. dissolution or bankruptcy).
Reporting lossesReporting losses € -598KThe company reported a loss in the latest financial year.
Negative cashflowNegative cashflow € -554KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -591KEBITDA is negative: operating activities are loss-making.
Strong equityStrong equity € 4.79MStrong equity provides a buffer against setbacks.
Low riskLow risk 79.5%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 4.46A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Financial ratios
|
|
2022
|
2021
|
2020
|
2019
|
|---|---|---|---|---|
|
€
-590K
|
€
323K
|
€
523K
|
€
498K
|
|
|
€
-591K
|
€
323K
|
€
510K
|
€
496K
|
|
|
€
-560K
|
€
236K
|
€
369K
|
€
1.37M
|
|
|
€
4.79M
|
€
5.35M
|
€
5.11M
|
€
4.74M
|
|
|
79.52%
|
89.37%
|
84.85%
|
87.57%
|
|
|
€
1.23M
|
€
636K
|
€
913K
|
€
673K
|
|
|
€
2.29M
|
€
2.62M
|
€
2.34M
|
€
2.36M
|
Publications 25
All publications- Rubrique Fin (Cessation, Annulation Cessation, Nullite, Conc, Reorganisation Judiciaire, Etc...) - Rubrique Restructuration (Fusion, Scission, Transfert Patrimoine, Etc...) 01/09/2023
- Rubrique Restructuration (Fusion, Scission, Transfert Patrimoine, Etc...) - Divers 16/06/2023
- Demissions, Nominations 17/08/2022
- Comptes Annuels - Annee Comptable 03/07/2019
- Capital, Actions 24/10/2017
Frequently asked questions
Answers to the most common questions about Raincode, based on official government data and the filed annual accounts.
What is the VAT number of Raincode?
The VAT number of Raincode is BE0465.519.925.
When was Raincode established?
Raincode was founded in 25-02-1999.
What is the official address of Raincode?
The official address of Raincode is Kazernestraat 45 Brussel 1000.
What is the legal form of Raincode?
The juridical form of Raincode is Private limited company (BVBA/SPRL, legacy).
What is the annual revenue of Raincode?
The 2022 accounts of Raincode do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
What does Raincode do?
RAINCODE specializes in modernizing legacy software systems, enabling organizations to enhance their IT infrastructure. The company offers tools and services for application transformation, data migration, and modernization strategies. RAINCODE aims to help businesses improve efficiency and reduce costs through innovative technology solutions.
Is Raincode a reliable company?
Raincode is a registered Rechtspersoon with company number 0465.519.925 and can be verified through the official CBE database.
What is the credit limit of Raincode?
The estimated credit limit of Raincode is €233,396.
Is Raincode still active?
Raincode currently has the status "Fusie door overneming" and is not active.