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RELAES AIRTECHNICS

Active
Private limited company (pre-2019)founded 2010active for 15 yearsBankwegelhof(BEV) 81, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0832.059.367

From the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

RELAES AIRTECHNICS has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83,348 and a net result of €33,290. Equity has been growing by about 12% per year since 2019. Its solvency ranks better than 56% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 21-12-2010 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 1 other
Establishment unit
2.194.786.138 9120 Beveren-Kruibeke-Zwijndrecht, since 14-12-2010
Financial year end
30 June
Peppol
Reachable since 26-02-2026

Board and ownership

Board
  • Relaes GertDirector

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Gross margin
€60,981
▲ 233%
Turnover
≈ €230,000
estimated
Profit
€33,290
▲ 475%
Equity
€83,348
▲ 66.5%
Total assets
€160,493
▲ 93.6%
Filed on 30-01-2026, 1 day before the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.15, cash €61,228Founded in 2010Equity €83,348 (51.9% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 77% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 77-8
equity 51.9% of total assets
Liquidity 85+4
short-term debt 30.9% · cash 38.2%
Profitability 95+18
return on assets 20.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024highest value 02-2025: 0.1%▼ -0.1 percentage points 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 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 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%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.15 (2.26 in 2024), above the usual 1.5. Short-term debt is 30.9% and cash 38.2% of total assets. 48.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 56% of them on solvency, 82% on liquidity, 81% on profitability and 87% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.15, cash €61,228
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €83,348 (51.9% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
18 days early
2023
16 days early
2022
18 days early
2021
10 days late
2020
1 day early
2019
365 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 46 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 15 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 profitable years in a rowprofit 2025: €33,290 7 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Comparable companies

These companies have the same main activity as RELAES AIRTECHNICS: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €143,000 and €190,000, founded between 2009 and 2012.

CompanyTotal assetsGross margin
RELAES AIRTECHNICS Beveren-Kruibeke-Zwijndrecht€160,493€60,981
A-L Service Dendermonde€168,562€50,714
HK SERVICE Zoersel€161,365€56,043
Barcho Technics Vilvoorde€142,854€59,757
LAEREMANS Scherpenheuvel-Zichem€190,164€61,971
DP Projects Herk-de-Stad€186,137€58,645
DEPANN'HIC Sambreville€159,217€53,531
Full comparison

Documents

Annual accounts at the NBB

All 14 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about RELAES AIRTECHNICS

What is the company number of RELAES AIRTECHNICS?
The company number of RELAES AIRTECHNICS is 0832.059.367. The VAT number is the same number with BE in front: BE 0832.059.367.
Where is RELAES AIRTECHNICS based?
The registered office is at Bankwegelhof(BEV) 81, 9120 Beveren-Kruibeke-Zwijndrecht.Company details
What does RELAES AIRTECHNICS do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of RELAES AIRTECHNICS?
The legal form of RELAES AIRTECHNICS is Private limited company (pre-2019) (BVBA).
When was RELAES AIRTECHNICS founded?
RELAES AIRTECHNICS was founded on 21-12-2010.
Is RELAES AIRTECHNICS still active?
Yes, RELAES AIRTECHNICS is an active enterprise in the KBO register.
What is the turnover of RELAES AIRTECHNICS?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €60,981 and 30 comparable companies (NACE 43222). It probably lies between €190,000 and €320,000.Financials
Is RELAES AIRTECHNICS profitable?
In financial year 2025, RELAES AIRTECHNICS made a profit of €33,290.
Where can I find the annual accounts of RELAES AIRTECHNICS?
RELAES AIRTECHNICS filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of RELAES AIRTECHNICS due?
RELAES AIRTECHNICS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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