Financials
- Fiscal year
- 2024
- Total assets
- €11
- Loss
- -€1,360
- Solvency
- -58251.0%
Total assets▼ 99.9%
Net result
20182024
BE RELAX!
ActiveSummary
The computed 12-month bankruptcy probability of BE RELAX! is 3.2% (moderate). The 2024 annual accounts show negative equity (-€6,291) and a net result of -€1,360. Equity is shrinking by ~20.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 9085 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Wholesale trade
NACE 46471
1 site
How big
€11total assets 2024
- Equity
- -€6,291
- Loss
- -€1,360
Turnover not published (abridged schema)
Who decides
- Parent
- Musar · 100%
Accounts 63 d overdue0 of 8 deeds read
Why 48- 1 change of registered office in 24 months- Figures for FY 2024 (filed 29-08-2025)+ Size: total assets €11+ Founded in 2014Show the evidence
Checked score
Score 2024
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 21% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2021
Weak
Solvency
0-81
equity -58251.0% of total assets
Liquidity
50-29
short-term debt 58351.0% · cash 100.0%
Profitability
0-10
return on assets -12589.4%
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 4 months
07-2026: 1.5%lowest value
08-2026: 2.0%▲ +34.3% vs 07-2026
09-2026: 2.2%▲ +10.9% vs 08-2026
10-2026: 3.2%▲ +49.7% vs 09-2026highest value
- 1 change of registered office in 24 months raises the probability
- Figures for FY 2024 (filed 29-08-2025) raises the probability
- Size: total assets €11 lowers the probability for this profile
- Founded in 2014 lowers the probability for this profile
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 6%, liquidity 51%, profitability 6%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
1819202124
2018 to 2024 · latest year -€6,291
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
21 d late
2021
30 d late
2020
9 d early
2019
62 d late
2018
8 d early
2017
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Weakest financial yearnet -€1,360
- Annual accounts filedfiscal year 2021 · abbreviated…
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€6,291 View
- Risk: 5 loss-making years in a rowloss fiscal year 2024 -€1,360 View
- Caution: Among the weakest 5% on solvencysector median 44.1% · 9,085 companies -58251.0% View
- Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
- Controlled by Musar 100% View
By topic
Board & ownership
- Parent
- Musar · 100%
Timeline
- Events
- 9
- Since
- 2016
- 21-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
- 30-08-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Wholesale tradeNACE 46471
- Founded
- 03-07-2014
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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