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Realine

Active
Private limited companyfounded 20224 yrs activeToverberg 33, 3001 Leuven, BelgiumKBO/BCE: BE 0784.832.245
Summary

Realine has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,288 and a net result of €113,288. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 7859 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+22
Solvency59▼-41
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity tight (current ratio 1.44 against 3.95 in 2024; short-term debt: 66% and cash: 57.2% of total assets), and 66% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
34%
Return on assets
33.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
23 d early
2024
34 d early
2023
37 d early
2022
52 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 26 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Realine was incorporated on 14 April 2022 as a Private limited company, with a starting capital of EUR 3,000.12 The board currently has 2 members; BEETERENS Ine Liesbeth has served longest, since 2022.2 Total assets rose from EUR 81,449 in 2022 to EUR 342,025 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 19-04-2022
  3. 3National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€116,288▼ 63.3%
2024 · €316,569
Total assets
€342,025▼ 17.9%
2024 · €416,643
Net result
€113,288▲ 277%
2024 · €30,028
Working capital
€99,642▼ 66.3%
2024 · €295,561
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€65,051-€306,503▲ 371%€37,617▼ 87.7%€142,478▲ 279%
Net result€51,725above the sector's middle half-€231,817above the sector's middle half▲ 348%€30,028within the sector's middle half▼ 87.0%€113,288above the sector's middle half▲ 277%
Equity€54,725within the sector's middle half-€286,541above the sector's middle half▲ 424%€316,569above the sector's middle half▲ 10.5%€116,288within the sector's middle half▼ 63.3%
Total assets€81,449within the sector's middle half-€371,793within the sector's middle half▲ 356%€416,643above the sector's middle half▲ 12.1%€342,025within the sector's middle half▼ 17.9%
Debt€26,725-€85,252▲ 219%€100,074▲ 17.4%€225,737▲ 126%
Working capital€53,953within the sector's middle half-€282,121above the sector's middle half▲ 423%€295,561above the sector's middle half▲ 4.8%€99,642above the sector's middle half▼ 66.3%
Solvency67.2%within the sector's middle half-77.1%above the sector's middle half▲ 9.9pp76.0%above the sector's middle half▼ 1.1pp34.0%within the sector's middle half▼ 42.0pp
Current ratio3.02within the sector's middle half-4.31above the sector's middle half▲ 1.293.95within the sector's middle half▼ 0.361.44within the sector's middle half▼ 2.51
Return on assets (ROA)63.5%above the sector's middle half-62.4%above the sector's middle half▼ 1.2pp7.2%within the sector's middle half▼ 55.1pp33.1%above the sector's middle half▲ 25.9pp
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2022: €65,051€65,051Net result 2022: €51,725€51,725Operating result 2023: €306,503€306,503Net result 2023: €231,817€231,817Operating result 2024: €37,617€37,617Net result 2024: €30,028€30,028Operating result 2025: €142,478€142,478Net result 2025: €113,288€113,2882022202320242025€0€100,000€200,000€300,000Operating result 2023: €306,503€307,000Net result 2023: €231,817€232,000Operating result 2024: €37,617€37,600Net result 2024: €30,028€30,000Operating result 2025: €142,478€142,000Net result 2025: €113,288€113,000202320242025
The operating result recovers in 2025; 2025 is 279% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €342,025
Fixed assets €16,646 ▼ 20.8%
Current assets €325,379 ▼ 17.8%
Equity and liabilities €342,025
Equity €116,288 ▼ 63.3%
Debt €225,737 ▲ 126%
Debt's share of the balance-sheet total rises from 24.0% to 66.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€146,840▲
2024 · €38,860
Cash flow
€117,650▲
2024 · €31,271
Debt to equity
1.94▲
2024 · 0.32
ROE
97.4%▲
2024 · 9.5%
Interest coverage
104.38▲
2024 · 15.66
Debt ≤ 1 year
€225,737▲
2024 · €100,074
Income taxes
€32,629▲
2024 · €7,950
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€416,643€342,025▼
Fixed assets21/28€21,008€16,646▼
Tangible fixed assets22/27€21,008€16,646▼
Plant, machinery and equipment23€4,724€3,649▼
Furniture and vehicles24€16,284€12,997▼
Current assets29/58€395,635€325,379▼
Amounts receivable within one year40/41€19,187€39,690▲
Trade receivables40€19,165€31,110▲
Other amounts receivable41€23€8,580▲
Current investments50/53€132,979€87,841▼
Cash at bank and in hand54/58€240,823€195,760▼
Deferred charges and accrued income490/1€2,646€2,087▼
Equity and liabilities
Total equity and liabilities10/49€416,643€342,025▼
Equity10/15€316,569€116,288▼
Contributions10/11€3,000€3,000=
Reserves13€313,569€113,288▼
Distributable reserves133€313,569€113,288▼
Amounts payable17/49€100,074€225,737▲
Amounts payable within one year42/48€100,074€225,737▲
Current portion of amounts payable after more than one year42€300-
Trade debts44€2,074€8,243▲
Suppliers440/4€2,074€8,243▲
Taxes, remuneration and social security45€97,358€17,818▼
Taxes450/3€97,358€17,818▼
Other amounts payable47/48€342€199,676▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,243€4,362▲
Other operating charges640/8€290€665▲
Gross operating margin9900€39,150€147,505▲
Operating profit (loss)9901€37,617€142,478▲
Financial income75/76B€2,843€4,846▲
Recurring financial income75€2,843€4,846▲
Financial charges65/66B€2,482€1,407▼
Recurring financial charges65€2,482€1,407▼
Profit (loss) for the period before taxes9903€37,978€145,917▲
Income taxes67/77€7,950€32,629▲
Profit (loss) for the period9904€30,028€113,288▲
Profit (loss) for the period to be appropriated9905€30,028€113,288▲
Appropriation of the result
Profit (loss) to be appropriated9906€30,028€113,288▲
Transfer from equity791/2-€313,569
Transfer to equity691/2€30,028€113,288▲
To other reserves6921€30,028€113,288▲
Profit to be distributed694/7-€313,569
Return on contributions (dividend)694-€313,569

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27€544€1,243€4,362▲ 251%
Other operating charges640/8€121€181€290€665▲ 129%
Gross operating margin9900€65,199€307,228€39,150€147,505▲ 277%
Operating profit (loss)9901€65,051€306,503€37,617€142,478▲ 279%
Financial income75/76B-€56€2,843€4,846▲ 70.4%
Recurring financial income75-€56€2,843€4,846▲ 70.4%
Financial charges65/66B€65€1,946€2,482€1,407▼ 43.3%
Recurring financial charges65€65€1,946€2,482€1,407▼ 43.3%
Profit (loss) for the period before taxes9903€64,986€304,613€37,978€145,917▲ 284%
Income taxes67/77€13,261€72,797€7,950€32,629▲ 310%
Profit (loss) for the period9904€51,725€231,817€30,028€113,288▲ 277%
Profit (loss) for the period to be appropriated9905€51,725€231,817€30,028€113,288▲ 277%
Line2022202320242025Change
Assets
Total assets20/58€81,449€371,793€416,643€342,025▼ 17.9%
Fixed assets21/28€772€4,420€21,008€16,646▼ 20.8%
Tangible fixed assets22/27€772€4,420€21,008€16,646▼ 20.8%
Plant, machinery and equipment23€772€4,420€4,724€3,649▼ 22.7%
Furniture and vehicles24--€16,284€12,997▼ 20.2%
Current assets29/58€80,677€367,373€395,635€325,379▼ 17.8%
Amounts receivable within one year40/41€24,320€18,243€19,187€39,690▲ 107%
Trade receivables40€24,320€18,150€19,165€31,110▲ 62.3%
Other amounts receivable41-€93€23€8,580▲ 37,950%
Current investments50/53-€246,979€132,979€87,841▼ 33.9%
Cash at bank and in hand54/58€55,393€100,301€240,823€195,760▼ 18.7%
Deferred charges and accrued income490/1€964€1,849€2,646€2,087▼ 21.1%
Equity and liabilities
Total equity and liabilities10/49€81,449€371,793€416,643€342,025▼ 17.9%
Equity10/15€54,725€286,541€316,569€116,288▼ 63.3%
Contributions10/11€3,000€3,000€3,000€3,000=
Reserves13€51,725€283,541€313,569€113,288▼ 63.9%
Distributable reserves133€51,725€283,541€313,569€113,288▼ 63.9%
Amounts payable17/49€26,725€85,252€100,074€225,737▲ 126%
Amounts payable within one year42/48€26,725€85,252€100,074€225,737▲ 126%
Current portion of amounts payable after more than one year42--€300--
Trade debts44€2,280€2,170€2,074€8,243▲ 297%
Suppliers440/4€2,280€2,170€2,074€8,243▲ 297%
Taxes, remuneration and social security45€24,209€82,418€97,358€17,818▼ 81.7%
Taxes450/3€21,642€79,833€97,358€17,818▼ 81.7%
Remuneration and social security454/9€2,566€2,585---
Other amounts payable47/48€236€663€342€199,676▲ 58,268%
Line2022202320242025Change
Profit (loss) for the period9904€51,725€231,817€30,028€113,288▲ 277%
+ Depreciation and write-downs630€27€544€1,243€4,362▲ 251%
Operating cash flow (approximation)€51,752€232,361€31,271€117,650▲ 276%
Investment in fixed assets (approximation)--€4,192-€17,831€0▲ 100%
Change in cash-€44,908€140,522-€45,063▼ 132%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €30,028 ▼87%
Net result drops to €30,028, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2022net €231,817 ▲348%
Operating result €306,503, net result €231,817, both a record.
31-12
Financial Equity above €200,000Eq €286,541 ▲424%
2 profitable years in a row build equity to €286,541.
09-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
19-04
State Gazette act Incorporation
Appointments: BEETERENS Ine Liesbeth (non-statutory director) and LAMBRECHTS Davy Theo Wilhelmus (non-statutory director) · Permanent representative: BEETERENS Ine Liesbeth · Founding capital9 facts ▸
  • Incorporation, 12-04-2022
  • Founding capital, €3.000
  • Director appointment, BEETERENS Ine Liesbeth (non-statutory director)
  • Director appointment, LAMBRECHTS Davy Theo Wilhelmus (non-statutory director)
  • Mandate compensation, BEETERENS Ine Liesbeth
  • Mandate compensation, LAMBRECHTS Davy Theo Wilhelmus
  • Permanent representative, BEETERENS Ine Liesbeth
  • Incorporation, enige oprichter
  • Assumption of liabilities, Alle verbintenissen en alle verplichtingen die eruit voortvloeien, en alle activiteiten ondernomen sinds 1 februari 2022 door de oprichters in naam en voor reke…
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 1 act read

Directors · office · real estate

Directors
2 directors, no change since 2022
BEETERENS Ine Liesbeth
Non-statutory director · since 12-04-2022
Current
LAMBRECHTS Davy Theo Wilhelmus
Non-statutory director · since 12-04-2022
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
571 m²
Building footprint
131 m²
Volume, LiDAR
925 m³
Parcel 24040C0161/00D000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Realine
Toverberg 33, 3001 LeuvenComputing infrastructure, data processing, hosting and other information service activities
since 20222.330.143.304
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24040C0161/00D000 Flanders 571 m² 1 · 131 m² 9.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

2 people since 2022, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BEETERENS Ine Liesbeth
  • Non-statutory director, from 12-04-2022 to date
LAMBRECHTS Davy Theo Wilhelmus
  • Non-statutory director, from 12-04-2022 to date
See the board, name and seat on a given date →

Articles of association

Purpose
De vennootschap heeft tot voorwerp, in België en in het buitenland, in eigen naam of in naam van derden, voor eigen rekening of voor rekening van derden: - consultancy en het…
Full purpose

De vennootschap heeft tot voorwerp, in België en in het buitenland, in eigen naam of in naam van derden, voor eigen rekening of voor rekening van derden: - consultancy en het leveren van ondersteuning op welk vlak dan ook aan ondernemingen en overheden of overheidsbedrijven uit om het even welke sector, waaronder maar niet uitsluitend de sectoren van het vastgoed, de retail, de horeca en de dienstverlening; evenals aan startups uit om het even welke sector; - overige adviesverlening; - het waarnemen van de dagelijkse leiding van vennootschappen, al dan niet als bestuurder, waaronder maar niet beperkt tot de algemene, operationele, financiële en andere leiding van vennootschappen; - het uitoefenen van bestuursmandaten in vennootschappen en andere; - lidmaatschap van adviesraden van vennootschappen en andere; - het verzorgen van opleidingen en lezingen over onderwerpen allerhande; - het aanbieden van individuele en/of groepscoachings in de meest ruime zin aan personen, bedrijven, overheden en andere, voornamelijk maar niet uitsluitend aan zorgprofessionals; - ambulante revalidatie activiteiten; - ondersteunende activiteiten in het kader van sportbeoefening of andere fysieke activiteiten; - het uitgeven van boeken en alle daaraan verbonden handelingen en activiteiten; - het online (via onder andere web of applicaties) opbouwen van een community of e-learning en het ter beschikking stellen van videomateriaal, podcasts ter ondersteuning van de activiteiten.

Structure & network

Connections & network

2 current directors
Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Ownership & control

3 board mandates
Board mandates of this companythis company sits on their board3

Capital and shareholders

Capital over the years
  1. 19-04-2022 Incorporation · 3,000 EUR · 100 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 3 entries · 1,364 EUR awarded · 1,364 EUR paid
Year Entries awardedpaid
2025 1 794 EUR794 EUR
2023 1 0 EUR570 EUR
2022 1 570 EUR0 EUR
Schemes
3 entries · 1,364 EUR · 1,364 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,516 companies in sector 82990 we hold annual accounts for 9,420. 7,170 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
86951Physiotherapy
93199Other sports activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0784832245
Also 9925:BE0784832245
Registered 24-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.