Equity
-€25,870
Debts exceed assets in financial year 2025.
Relax
Lifetime
6 annual accounts with figures on one time axispeak €23,774 (2024)
€21,745▼ 8.5%
lowest -€13,122 (2021)
-€1,541▼ €6,076
peak -€8,995 (2020)
-€25,870▼ €1,541
€181,286▲ 1.9%
Board2 names since 2020
2 directors and 1 other
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Loss of €1,541
Key points
from the 2025 annual accountsTurnover
≈ €130,000 estimated
The micro format states no turnover.
Debts
€181,286 117% of the balance sheet
Financial debts 68%Suppliers 2%Taxes and wages 0%Other 30%
Of this, €58,220 falls due within a year.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 0 to 69 days before the end of the period.
Starting capital
€3,000 100 shares
Position in the sector
-€25,870
Less equity than 87% of companies in personal services. Sector median €14,713 · 6,274 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,564 companies had the same profile as Relax has now. Each dot stands for 4 companies, two years later.
88.9%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,564 companies, not a prediction for Relax. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director
- 99 sharesdeed of 28-04-2020
- 1 sharedeed of 28-04-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0746505664
Incorporation
Founding capital of €3,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 28-04-2020 · Gazette deed
First establishment
Bouwelse Steenweg 116, Herenthout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Relax Herenthout | €155,416 | €21,745 | -16.6% | - |
| INFI-NINA Beloeil | €127,358 | €16,865 | 62.2% | - |
| SET SPA Mouscron | €237,195 | €25,219 | -71.6% | - |
| SILA Brasschaat | €90,832 | €19,848 | -26.5% | - |
| V-FIGUUR Mol | €264,955 | €13,011 | -43.9% | - |
| B-Cured Antwerp | €168,738 | €25,904 | 3.6% | - |
| Le Petit Spa du Domaine Jodoigne | €96,964 | €16,125 | 76.6% | - |
These companies have the same main activity as Relax: day spas, saunas and steam baths (NACE 96230). They are comparable in size and age: total assets between €90,800 and €265,000, founded between 2018 and 2023.
Official details
Source: KBO- Status
- Active since 24-04-2020Normal situation
- Activity
- Day spas, saunas and steam bathsNACE 96230and 2 others
- Establishment unit
- 2.302.074.6702270 Herenthout, since 24-04-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 18-06-2025
Annual accounts 2025
- €155,416▲ 1.2%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on Relax
Relax files the micro format. That format states no turnover. The gross margin rose from -€9,584 in 2020 to €21,745 in 2025.
The balance sheet grew most from 2021 to 2022 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Relax
- What is the company number of Relax?
- The company number of Relax is 0746.505.664. The VAT number is the same number with BE in front: BE 0746.505.664.
- Where is Relax based?
- The registered office is at Bouwelse Steenweg 116, 2270 Herenthout.Company details
- What does Relax do?
- According to the KBO register, the main activity is day spas, saunas and steam baths (NACE 96230).
- What is the legal form of Relax?
- Relax is a private limited company (BV).
- When was Relax founded?
- Relax was founded on 24-04-2020.
- Is Relax still active?
- Yes, Relax is an active enterprise in the KBO register.
- What is the turnover of Relax?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €21,745 and 134 comparable companies (NACE 962). It probably lies between €75,000 and €230,000. It is a rough estimate.Financials
- Is Relax profitable?
- In financial year 2025, Relax made a loss of €1,541.
- Where can I find the annual accounts of Relax?
- Relax filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Relax due?
- Relax must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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