RELAXGARDEN
ActiveRELAXGARDEN has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+74
Solvency34▲+9
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.15 in 2024; short-term debt: 66.9% and cash: 24.2% of total assets), and 90.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.1%
Return on assets
9.4%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
38 d early
2023
41 d early
2022
61 d early
2021
53 d early
2020
36 d early
2019
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k
2024 · €-646
2018: €41k
2019: €-11k
2020: €-410
2021: €24k
2022: €53k
2023: €35k
2024: €-646
2018 → 2025
Total assets
€238k▲ 8.3%
2024 · €220k
2018: €901k
2019: €829k
2020: €280k
2021: €279k
2022: €316k
2023: €247k
2024: €220k
2018 → 2025
Net result
€22k
2024 · €-36k
2018: €-37k
2019: €-53k
2020: €11k
2021: €25k
2022: €29k
2023: €-18k
2024: €-36k
2018 → 2025
Working capital
€52k▲ 117%
2024 · €24k
2018: €-112k
2019: €-187k
2020: €-50k
2021: €-5k
2022: €35k
2023: €15k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€53k▲ 119%€35k▼ 33.2%€-646€22k
Operating result€31k-€38k▲ 24.9%€-18k€-38k▼ 113%€31k
Net result€25k-€29k▲ 17.4%€-18k€-36k▼ 105%€22k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €31k after a loss of €38k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238k
Fixed assets
€27k▼ 32.3%
Current assets
€211k▲ 17.2%
Equity and liabilities €238k
Equity
€22k
Debt
€216k
Debt finances 90.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€43k▲
2024 · €-25k
Cash flow
€34k▲
2024 · €-22k
Solvency
9.1%▲
2024 · -0.3%
Current ratio
1.33▲
2024 · 1.15
Quick ratio
0.62▲
2024 · 0.28
Debt / equity
10.00
ROE
103.0%
ROA
9.4%▲
2024 · -16.4%
Interest coverage
5.20▲
2024 · -14.05
Debt
€216k▼
2024 · €220k
Debt ≤ 1 year
€159k▲
2024 · €156k
Debt > 1 year
€57k▼
2024 · €64k
Income taxes
€553▲
2024 · €547
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€220k€238k▲
Fixed assets21/28€39k€27k▼
Tangible fixed assets22/27€26k€17k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€22k€15k▼
Financial fixed assets28€14k€10k▼
Current assets29/58€180k€211k▲
Stocks and contracts in progress3€137k€113k▼
Stocks30/36€137k€113k▼
Amounts receivable within one year40/41€24k€41k▲
Trade receivables40€22k€31k▲
Other amounts receivable41€2k€10k▲
Cash at bank and in hand54/58€17k€58k▲
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€220k€238k▲
Equity10/15€-646€22k▲
Contributions10/11€119k€119k=
Profit (loss) carried forward14€-119k€-97k▲
Amounts payable17/49€220k€216k▼
Amounts payable after more than one year17€64k€57k▼
Financial debts170/4€14k€7k▼
Other amounts payable178/9€50k€50k=
Amounts payable within one year42/48€156k€159k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€17k€15k▼
Suppliers440/4€17k€15k▼
Taxes, remuneration and social security45€364€104▼
Taxes450/3€364€104▼
Other amounts payable47/48€132k€137k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A-€631
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€12k▼
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A-€-3k
Gross operating margin9900€-22k€42k▲
Operating profit (loss)9901€-38k€31k▲
Financial income75/76B€5k€0▼
Recurring financial income75€5k€0▼
Financial charges65/66B€2k€8k▲
Recurring financial charges65€2k€8k▲
Profit (loss) for the period before taxes9903€-35k€23k▲
Income taxes67/77€547€553▲
Profit (loss) for the period9904€-36k€22k▲
Profit (loss) for the period to be appropriated9905€-36k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-119k€-97k▲
Profit (loss) brought forward from the previous period14P€-83k€-119k▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €29k ▲17.4%
Operating result €38k, net result €29k, both a record.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-53k
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Steenokkerzeel · 2 establishment units since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wijckmansstraat 151820 SteenokkerzeelGround area
9,932 m²
Building footprint
2,316 m²
Volume, LiDAR
8,714 m³
3 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
RELAXGARDEN
since 20092.179.080.947
RELAXGARDEN
since 20182.282.585.588
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23038A0164/00K003 | Flanders | 5,931 m² | 1 · 1,442 m² | 9.2 m · 2 fl. |
| 23722B0113/00C002 | Flanders | 3,497 m² | 1 · 671 m² | - |
| 23081E0368/00L000 | Flanders | 505 m² | 1 · 203 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 212 companies in sector 47527 we hold annual accounts for 146. 85 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-2009
Fiscal year end31-12
Activities, NACEBEL
47527Retail trade
33110Repair and maintenance of fabricated metal products
43223Specialised construction activities
43993Specialised construction activities
46499Wholesale of other household goods
47529Retail trade
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.