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Relax

Active
Private limited companyfounded 200817 years activeOppelsenweg 77, 3520 Zonhoven, BelgiumKBO/BCE: BE 0807.388.507
Summary

Relax has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55,519 and a net result of €14,957. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 4,578 sector peers (NACE 56, fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Full-service restaurants
NACE 56111Cafés and bars NACE 56301
1 site
Size
€75,198total assets 2025
Equity
€55,519
Profit
€14,957
Turnover not published (abridged schema)
Financial health
87 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.4%
Structure
Accounts 22 days early0 of 3 deeds read
Why 87- Size: total assets €75,198- Sector Food and beverage service activities (NACE 56)+ Founded in 2008+ Liquidity: current ratio 3.22, cash €13,336Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 78% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency 99+10
equity 73.8% of total assets
Liquidity 62+2
short-term debt 26.2% · cash 17.7%
Profitability 94+19
return on assets 19.9%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,693 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.4 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 3.22 against 1.78 in 2024; short-term debt: 26.2% and cash: 17.7% of total assets), and 26.2% 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 56, micro): better than 87% on solvency, 66% on liquidity, 82% on profitability and 76% 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

Five signals.
−lowers risk+raises risk○neutral
raises risk · Size: total assets €75,198
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 2008
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 3.22, cash €13,336
NBB · annual accounts
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
17 days early
2023
13 days early
2022
11 days early
2021
11 days early
2020
8 days early
2019
7 days early
← 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 13 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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 19 July (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 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Back to profitnet €3,130

Key points

  • Positive: Among the best 13% on solvencysector median 29.7% · 4,578 companies 73.8% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Total assets 20256 fiscal years filed €75,198 View

By topic

Financials

Fiscal year
2025
Total assets
€75,198
Profit
€14,957
Solvency
73.8%
Total assets▲ 18.2%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-07-2027
  1. 18-07-2024Annual accounts filed
  2. 20-07-2023Annual accounts filed
  3. 31-12-2022Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
27-10-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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