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RELAX & ENJOY

Active
Private limited companyfounded 2018active for 8 yearsVarenvelden 9, 2310 Rijkevorsel, BelgiumKBO/BCE: BE 0704.824.071
Summary

The computed 12-month bankruptcy probability of RELAX & ENJOY is 6.1% (elevated). The 2024 annual accounts show negative equity (-€83,593) and a net result of -€9,722. Equity is shrinking by about 32% per year across the filed financial years. The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€642,313total assets 2024
Equity
-€83,593
Loss
-€9,722
Turnover not published (micro format)
Financial health
34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.1%
Structure
Accounts 76 days overdue0 of 2 deeds read
Why 34raises risk1 financial year not filed after the legal deadline; latest accounts 214 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 04-03-2026)Liquidity: current ratio 0.96, cash €978lowers riskSize: total assets €642,313Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 19% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Weak
Solvency 12-2
equity -13.0% of total assets
Liquidity 39-40
short-term debt 27.5% · cash 0.2%
Profitability 28+23
return on assets -1.5%
Bankruptcy probability, 12 months
6.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 8.9% 12-2024: 9.7%▲ +0.8 percentage points vs 11-2024 01-2025: 12.2%▲ +2.5 percentage points vs 12-2024 02-2025: 12.2%● unchanged vs 01-2025 03-2025: 12.8%▲ +0.6 percentage points vs 02-2025 04-2025: 12.3%▼ -0.5 percentage points vs 03-2025 05-2025: 12.3%● unchanged vs 04-2025 06-2025: 12.2%▼ -0.1 percentage points vs 05-2025 07-2025: 10.1%▼ -2.1 percentage points vs 06-2025 08-2025: 10.8%▲ +0.7 percentage points vs 07-2025 09-2025: 11.8%▲ +1.0 percentage point vs 08-2025 10-2025: 15.6%▲ +3.8 percentage points vs 09-2025 11-2025: 14.8%▼ -0.8 percentage points vs 10-2025 12-2025: 16.0%▲ +1.2 percentage points vs 11-2025 01-2026: 17.5%▲ +1.5 percentage points vs 12-2025highest value 02-2026: 11.6%▼ -5.9 percentage points vs 01-2026 03-2026: 11.6%● unchanged vs 02-2026 04-2026: 3.9%▼ -7.7 percentage points vs 03-2026 05-2026: 3.8%▼ -0.1 percentage points vs 04-2026 06-2026: 3.9%▲ +0.1 percentage points vs 05-2026 07-2026: 3.7%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 4.2%▲ +0.5 percentage points vs 07-2026 09-2026: 4.7%▲ +0.5 percentage points vs 08-2026 10-2026: 6.1%▲ +1.4 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.96, compared with 1.03 in 2023, below 1; short-term debt: 27.5% and cash: 0.2% of total assets), and equity is negative.
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 (no NACE code, micro): better than 11% on solvency, 22% on liquidity, 20% on profitability and 22% on growth.

The bankruptcy probability was computed on 14-10-2026 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

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 214 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €642,313
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 04-03-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.96, cash €978
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€83,593
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 76 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-03-2026, 214 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
214 days late
2023
308 days late
2022
58 days late
2021
13 days early
2020
119 days late
2019
108 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 132 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Weakest financial yearnet -€77,890

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€83,593 View
  • Positive: Result rose in 2024from -€77,890 to -€9,722 ▲ 87.5% View
  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€9,722 View

By topic

Financials

Financial year
2024
Total assets
€642,313
Loss
-€9,722
Solvency
-13.0%
Total assets▼ 6.6%
Net result
20192024
Go to Financials

Timeline

Events
9
Since
2020
  1. 31-12-2023Liquidity more than quadruples
  2. 27-09-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
20-09-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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