RELA
ActiveSummary
RELA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63,910 and a net result of €6,144. Equity is growing by ~6.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
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Signals
This company filed its last 7 accounts on average 25 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €30,000 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €19,644 | €31,960 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €535 | €535 | €535 | €535 | €535 | = |
| Other operating charges640/8 | €4,982 | €3,450 | €3,779 | €3,917 | €4,038 | ▲ 3.1% |
| Gross operating margin9900 | €13,758 | -€16,960 | €7,946 | €10,536 | €10,761 | ▲ 2.1% |
| Operating profit (loss)9901 | €8,241 | -€20,945 | €3,633 | €6,084 | €6,189 | ▲ 1.7% |
| Financial income75/76B | €605 | - | €34 | - | - | - |
| Recurring financial income75 | €605 | - | €34 | - | - | - |
| Non-recurring financial income76B | €605 | - | - | - | - | - |
| Financial charges65/66B | €37 | €39 | €39 | €44 | €45 | ▲ 3.4% |
| Recurring financial charges65 | €37 | €39 | €39 | €44 | €45 | ▲ 3.4% |
| Profit (loss) for the period before taxes9903 | €8,809 | -€20,984 | €3,628 | €6,040 | €6,144 | ▲ 1.7% |
| Profit (loss) for the period9904 | €8,809 | -€20,984 | €3,628 | €6,040 | €6,144 | ▲ 1.7% |
| Profit (loss) for the period to be appropriated9905 | €8,809 | -€20,984 | €3,628 | €6,040 | €6,144 | ▲ 1.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €69,220 | €48,631 | €52,183 | €58,030 | €64,182 | ▲ 10.6% |
| Fixed assets21/28 | €2,675 | €48,448 | €47,913 | €47,378 | €46,843 | ▼ 1.1% |
| Tangible fixed assets22/27 | €2,675 | €48,448 | €47,913 | €47,378 | €46,843 | ▼ 1.1% |
| Land and buildings22 | €2,675 | €48,448 | €47,913 | €47,378 | €46,843 | ▼ 1.1% |
| Current assets29/58 | €66,545 | €183 | €4,270 | €10,652 | €17,339 | ▲ 62.8% |
| Cash at bank and in hand54/58 | €66,545 | €183 | €4,270 | €10,652 | €17,339 | ▲ 62.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €69,220 | €48,631 | €52,183 | €58,030 | €64,182 | ▲ 10.6% |
| Equity10/15 | €69,081 | €48,097 | €51,726 | €57,766 | €63,910 | ▲ 10.6% |
| Contributions10/11 | €111,552 | €111,552 | €111,552 | €111,552 | €111,552 | = |
| Capital10 | €111,552 | €111,552 | - | - | - | - |
| Issued capital100 | €111,552 | €111,552 | - | - | - | - |
| Reserves13 | €78,081 | €78,081 | €78,081 | €78,081 | €78,081 | = |
| Non-distributable reserves130/1 | €3,904 | €3,904 | €3,904 | €3,904 | €3,904 | = |
| Legal reserve130 | €3,904 | €3,904 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €3,904 | €3,904 | €3,904 | = |
| Distributable reserves133 | €74,177 | €74,177 | €74,177 | €74,177 | €74,177 | = |
| Profit (loss) carried forward14 | -€120,552 | -€141,536 | -€137,908 | -€131,867 | -€125,723 | ▲ 4.7% |
| Amounts payable17/49 | €139 | €534 | €458 | €264 | €272 | ▲ 3.1% |
| Amounts payable within one year42/48 | €139 | €534 | €458 | €264 | €272 | ▲ 3.1% |
| Trade debts44 | - | - | €458 | €264 | €272 | ▲ 3.1% |
| Suppliers440/4 | - | - | €458 | €264 | €272 | ▲ 3.1% |
| Other amounts payable47/48 | €139 | €534 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,809 | -€20,984 | €3,628 | €6,040 | €6,144 | ▲ 1.7% |
| + Depreciation and write-downs630 | €535 | €535 | €535 | €535 | €535 | = |
| Operating cash flow (approximation) | €9,344 | -€20,449 | €4,163 | €6,576 | €6,679 | ▲ 1.6% |
| Investment in fixed assets (approximation) | - | -€46,308 | -€0 | €0 | €0 | - |
| Change in cash | - | -€66,362 | €4,087 | €6,382 | €6,687 | ▲ 4.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72030A0585/00B000 | Flanders | 4,905 m² | 1 · 1,143 m² | 7.2 m · 2 fl. |
| 72030A0587/00C000 | Flanders | 1,738 m² | 1 · 238 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
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