Relax Art
The file of Relax Art contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2024 annual accounts show negative equity (€-19k) and a net result of €-24k. Its solvency ranks better than 22% of 1745 sector peers (fiscal year 2024).
| Equity | €-19k |
| Net result | €-24k |
| Staff (FTE) | 3.8 |
| Better than sector | 22% |
Fragile profile, watch health in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -35.4% | 14.6% | |
| Net result | €-24k | €1k | |
| Equity | €-19k | €5k | |
| Gross operating margin | €27k | €16k | |
| Staff costs | €43k | €26k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-18k |
| Net profit | €-24k |
| Cash flow | €-19k |
| Staff costs | €43k |
| Income taxes | - |
| Dividends | - |
| Total assets | €54k |
| Equity | €-19k |
| Debt | €74k |
| of which ≤ 1y | €51k |
| of which > 1y | - |
| Working capital | €-15k |
| Employees (FTE) | 3.8 |
| 2024 | |
|---|---|
| Current ratio | 0.70 |
| Quick ratio | 0.30 |
| Working capital ratio | -28.3% |
| Solvency | -35.4% |
| Debt / equity | -3.82 |
| Long-term debt ratio | - |
| Interest coverage | -17.92 |
| Gross margin | - |
| Net margin | - |
| ROA | -44.6% |
| ROE | 125.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €54k |
| Fixed assets | 21/28 | €18k |
| Tangible fixed assets | 22/27 | €18k |
| Current assets | 29/58 | €36k |
| Stocks & contracts in progress | 3 | €21k |
| Amounts receivable within one year | 40/41 | €10k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €54k |
| Equity | 10/15 | €-19k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-24k |
| Amounts payable | 17/49 | €74k |
| Amounts payable within one year | 42/48 | €51k |
| Trade debts payable within one year | 44 | €33k |
| Income statement | ||
| Gross operating margin | 9900 | €27k |
| Operating result | 9901 | €-23k |
| Financial income | 75 | €5 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €-24k |
| Net result for the period | 9904 | €-24k |
| Result to be appropriated | 9905 | €-24k |
| NACE primary | Activiteiten van kuuroorden, sauna’s en stoombaden(96230) |
| Legal form | Private limited company(610) |
| Incorporation | 30-10-2023 |
| Status | Active |
| Postal code | 3990 |
| First BS signal | 18-08-2025 |
| Latest BS signal | 16-10-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72030D0958/00V007 | Flanders | 514 m² | 1 · 166 m² | 9.9 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
20-05-2026 Seat change · Board meeting · Power of attorney · Act object
- Seat change: new_address: Meeuwerbaan 48, 3990 Peer, old_address: Zandstraat 94, 3550 Heusden-Zolder, België, effective_date: 2026-03-14 · Relax Art
- Board meeting: date: 2026-03-14 · Relax Art
- Filing: date: 2026-05-18 · Relax Art
- Publication: date: 2026-05-20 · Relax Art
- Power of attorney: role: lasthebber · Relax Art
- Act object: MAATSCHAPPELIJKE ZETEL
Technical details
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}03-11-2023 Incorporation of a new BV
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Relax Art |
| Trade nameNL | Wellnessmassages en Make-Up Art |