Relaxy.be
ActiveThe computed 12-month bankruptcy probability of Relaxy.be is 2.2% (moderate). The annual accounts of Relaxy.be for fiscal year 2025 show a net loss of 67% of total assets and of 91% of the equity at the start of that year. The 2025 annual accounts show equity of €21k and a net result of €-218k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 10289 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency31▼-39
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.74 against 1.93 in 2024; short-term debt: 31.9% and cash: 19% of total assets), and 93.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.3%
Return on assets
-66.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-218k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 10289 sector peers (2025).
NBB · sector comparisonPosition among 10289 sector peers
Solvency
better than 17%
← weakest
strongest →
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 31-05-2026, 61 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
61 d early
2024
104 d early
2023
114 d early
2022
129 d early
2021
143 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€21k▼ 91.4%
2024 · €239k
2021: €-65k
2022: €-91k
2023: €-88k
2024: €239k
2021 → 2025
Total assets
€327k▼ 38.0%
2024 · €528k
2021: €299k
2022: €250k
2023: €205k
2024: €528k
2021 → 2025
Net result
€-218k▼ 81.9%
2024 · €-120k
2021: €-75k
2022: €-27k
2023: €3k
2024: €-120k
2021 → 2025
Working capital
€-28k
2024 · €72k
2021: €3k
2022: €11k
2023: €-20k
2024: €72k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-65k-€-91k▼ 41.3%€-88k▲ 3.5%€239k€21k▼ 91.4%
Operating result€-90k-€-15k▲ 82.9%€3k€-139k€-216k▼ 55.2%
Net result€-75k-€-27k▲ 64.2%€3k€-120k€-218k▼ 81.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €216k in 2025 against €139k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €327k
Fixed assets
€251k▼ 34.0%
Current assets
€77k▼ 48.3%
Equity and liabilities €327k
Equity
€21k▼ 91.4%
Debt
€307k▲ 6.0%
The debt ratio rises from 54.8% to 93.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-88k▼
2024 · €-55k
Cash flow
€-89k▼
2024 · €-35k
Solvency
6.3%▼
2024 · 45.2%
Current ratio
0.74▼
2024 · 1.93
Quick ratio
0.74▼
2024 · 1.93
Debt / equity
14.97▲
2024 · 1.21
ROA
-66.6%▼
2024 · -22.7%
Interest coverage
-13.32▼
2024 · -12.06
Debt
€307k▲
2024 · €289k
Debt ≤ 1 year
€104k▲
2024 · €77k
Debt > 1 year
€202k▼
2024 · €212k
Income taxes
€25▲
2024 · €0
Staff costs
€159k▲
2024 · €108k
A ratio outside any meaningful range has been withheld (balance sheet total €327k, equity €21k).
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€528k€327k▼
Fixed assets21/28€379k€251k▼
Intangible fixed assets21€379k€251k▼
Current assets29/58€149k€77k▼
Amounts receivable within one year40/41€73k€14k▼
Trade receivables40€17k€14k▼
Other amounts receivable41€56k€157▼
Current investments50/53€38k€0▼
Cash at bank and in hand54/58€37k€62k▲
Deferred charges and accrued income490/1€1k€58▼
Equity and liabilities
Total equity and liabilities10/49€528k€327k▼
Equity10/15€239k€21k▼
Contributions10/11€457k€457k=
Profit (loss) carried forward14€-218k€-436k▼
Amounts payable17/49€289k€307k▲
Amounts payable after more than one year17€212k€202k▼
Financial debts170/4-€12k
Other amounts payable178/9€212k€190k▼
Amounts payable within one year42/48€77k€104k▲
Current portion of amounts payable after more than one year42-€10k
Financial debts43€8k€0▼
Credit institutions430/8€8k€0▼
Trade debts44€15k€14k▼
Suppliers440/4€15k€14k▼
Taxes, remuneration and social security45€12k€27k▲
Taxes450/3€0€7k▲
Remuneration and social security454/9€12k€21k▲
Other amounts payable47/48€42k€53k▲
Income statement
Code20242025
Remuneration, social security and pensions62€108k€159k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€129k▲
Other operating charges640/8€655€8k▲
Gross operating margin9900€54k€79k▲
Operating profit (loss)9901€-139k€-216k▼
Financial income75/76B€24k€5k▼
Recurring financial income75€24k€5k▼
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€-120k€-218k▼
Income taxes67/77€0€25▲
Profit (loss) for the period9904€-120k€-218k▼
Profit (loss) for the period to be appropriated9905€-120k€-218k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-218k€-436k▼
Profit (loss) brought forward from the previous period14P€-98k€-218k▼
Social balance
Average headcount (FTE)90872.42.8▲
The notes to these accounts (10 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
31-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-218k
Net result drops to €-218k, the lowest in the series.
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity triplescurrent ratio 1.93
Current ratio from 0.68 to 1.93.
31-12
Financial
Equity above €200kEq €239k
Equity rises from €-88k to €239k.
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Grobbendonk · 1 establishment unit since 2020
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.
Lierse steenweg 62A2280 GrobbendonkGround area
2,360 m²
Building footprint
181 m²
Volume, LiDAR
3,303 m³
Parcel 13010C0065/00X002, Flanders · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Relaxy.be
since 20202.309.885.051
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010C0065/00X002 | Flanders | 2,360 m² | 1 · 181 m² | 24.1 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
3 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 9,165 EUR awarded · 9,165 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 9,000 EUR | 9,000 EUR |
| 2022 | 1 | 165 EUR | 165 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,968 companies in sector 47120 we hold annual accounts for 2,186. 1,397 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-11-2020
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.