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LE RELAIS

Active
Non-profit associationfounded 200818 years activeMeiersplein 4, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0895.206.664
Summary

LE RELAIS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €475,227 and a net result of -€219,962. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 47% of 5,669 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Real estate agency activities
NACE 68310
1 site
Size
€1.4mtotal assets 2025
Staff
10.7 FTE
Equity
€475,227
Loss
-€219,962
Financial health
93 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Accounts filed 24 days late0 of 11 deeds read
Why 93- Loss of €219,962, the second in a row (FY 2025)- Latest accounts 24 days late; 2 of the last 3 late+ Legal form Non-profit association+ Liquidity: current ratio 2.60, cash €764,975Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 41% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Weak
Solvency 60-10
equity 35.1% of total assets
Liquidity 87-4
short-term debt 30.2% · cash 56.4%
Profitability 0-15
return on assets -16.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,961 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: 0.1%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 2.6 against 3.18 in 2024; short-term debt: 30.2% and cash: 56.4% of total assets), but 64.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 55% on solvency, 97% on liquidity, 1% on profitability and 12% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
KBO
raises risk · Loss of €219,962, the second in a row (FY 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.60, cash €764,975
NBB · annual accounts
raises risk · Latest accounts 24 days late; 2 of the last 3 late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€219,962
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 10 filings
Deviation from the deadline
2025
24 days late
2024
40 days late
2023
48 days late
2022
2 days late
2021
8 days late
2020
24 days late
2019
45 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet -€219,962
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Caution: Result fell in 2025from -€40,914 to -€219,962 ▼ 438% View
  • Caution: Among the weakest 11% on net resultsector median €21,361 · 5,675 companies -€219,962 View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€219,962 View

By topic

Financials

Fiscal year
2025
Total assets
€1.4m
Loss
-€219,962
Solvency
35.1%
Turnover
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 17-09-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 02-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Real estate agency activitiesNACE 68310
Founded
25-01-2008
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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