RELAYIMMO
RELAYIMMO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €306k and a net result of €54k. Equity is growing by ~29.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 13549 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €306k |
| Net result | €54k |
| Staff (FTE) | 5.6 |
| Better than sector | 50% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 29.9% | 29.9% | |
| Net result | €54k | €6k | |
| Equity | €306k | €79k | |
| Gross operating margin | €347k | €41k | |
| Staff costs | €158k | €28k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €190k | €233k | €159k | €184k | €104k |
| Net profit | €54k | €112k | €44k | €77k | €24k |
| Cash flow | €83k | €140k | €71k | €103k | €49k |
| Staff costs | €158k | €126k | €123k | €122k | €100k |
| Income taxes | €18k | €35k | €14k | €19k | €8k |
| Dividends | €0 | €62k | - | - | - |
| Total assets | €1.02M | €824k | €761k | €744k | €698k |
| Equity | €306k | €240k | €190k | €146k | €68k |
| Debt | €662k | €525k | €515k | €548k | €582k |
| of which ≤ 1y | €451k | €326k | €325k | €335k | €410k |
| of which > 1y | €212k | €199k | €190k | €212k | €170k |
| Working capital | €178k | €225k | €187k | €156k | €85k |
| Employees (FTE) | 5.6 | 5.1 | 3.9 | 5.3 | 4.3 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.40 | 1.69 | 1.58 | 1.47 | 1.21 |
| Quick ratio | 1.40 | 1.69 | 1.58 | 1.47 | 1.21 |
| Working capital ratio | 17.4% | 27.3% | 24.6% | 20.9% | 12.2% |
| Solvency | 29.9% | 29.1% | 24.9% | 19.6% | 9.8% |
| Debt / equity | 2.17 | 2.19 | 2.71 | 3.76 | 8.51 |
| Long-term debt ratio | 0.69 | 0.83 | 1.00 | 1.46 | 2.49 |
| Interest coverage | 2.07 | 3.94 | 2.15 | 2.97 | 2.19 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 5.2% | 13.6% | 5.8% | 10.4% | 3.4% |
| ROE | 17.6% | 46.7% | 23.2% | 53.1% | 34.7% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (27 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.02M | €824k | €761k | €744k | €698k |
| Fixed assets | 21/28 | €395k | €273k | €249k | €254k | €203k |
| Intangible fixed assets | 21 | - | €0 | €656 | €2k | €3k |
| Tangible fixed assets | 22/27 | €394k | €273k | €248k | €252k | €200k |
| Financial fixed assets | 28 | €175 | €175 | €175 | €175 | €175 |
| Current assets | 29/58 | €629k | €551k | €513k | €490k | €495k |
| Amounts receivable within one year | 40/41 | €45k | €50k | €91k | €114k | €59k |
| Investments | 50/53 | €43k | €16k | - | - | - |
| Cash & bank | 54/58 | €537k | €483k | €417k | €374k | €433k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.02M | €824k | €761k | €744k | €698k |
| Equity | 10/15 | €306k | €240k | €190k | €146k | €68k |
| Contributions / capital | 10/11 | €19k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €20k | €20k | €20k | €20k | €20k |
| Accumulated profits (losses) | 14 | €267k | €213k | €163k | €119k | €42k |
| Provisions & deferred taxes | 16 | €55k | €59k | €56k | €51k | €48k |
| Amounts payable | 17/49 | €662k | €525k | €515k | €548k | €582k |
| Amounts payable after one year | 17 | €212k | €199k | €190k | €212k | €170k |
| Amounts payable within one year | 42/48 | €451k | €326k | €325k | €335k | €410k |
| Trade debts payable within one year | 44 | €10k | €16k | €41k | €104k | €27k |
| Income statement | ||||||
| Gross operating margin | 9900 | €347k | €366k | €297k | €322k | €218k |
| Operating result | 9901 | €160k | €205k | €132k | €159k | €79k |
| Financial income | 75 | €3k | €798 | €85 | €185 | - |
| Financial charges | 65 | €91k | €59k | €74k | €62k | €47k |
| Result before taxes | 9903 | €71k | €147k | €58k | €97k | €31k |
| Income taxes | 67/77 | €18k | €35k | €14k | €19k | €8k |
| Net result for the period | 9904 | €54k | €112k | €44k | €77k | €24k |
| Result to be appropriated | 9905 | €54k | €112k | €44k | €77k | €24k |
| NACE primary | Buying and selling of own real estate(68110) |
| Legal form | Private limited company(610) |
| Incorporation | 07-01-2015 |
| Status | Active |
| Postal code | 7500 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57081G0513/00F000indicative | Wallonia | 124 m² | 1 · 87 m² | 10.8 m · 3 fl. |
| 57064D0490/00B000 | Wallonia | 113 m² | 1 · 70 m² | 13.1 m · 4 fl. |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
27-12-2023 Discharge granted to the board
Technical details
{
"events": [
{
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"effective_date": null,
"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cidera \u00E0 la prochaine assembl\u00E9e g\u00E9n\u00E9rale annuelle sur la d\u00E9charge au g\u00E9rant d\u00E9missionnaire pour l\u2019ex\u00E9cution de son mandat.",
"decharge_status": "pending_next_agm",
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},
{
"kind": "decharge_pending",
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"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cidera \u00E0 la prochaine assembl\u00E9e g\u00E9n\u00E9rale annuelle sur la d\u00E9charge au g\u00E9rant d\u00E9missionnaire pour l\u2019ex\u00E9cution de son mandat.",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
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}
],
"notary": {
"name": "Benoit DE SMET",
"firm_city": null,
"firm_name": null,
"office_city": "P\u00E9ruwelz",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-12-27",
"filing_date": "2023-12-21",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-12",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0568.459.392",
"name_full": "RELAYIMMO",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Benoit DE SMET",
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"person_role_at_subject": "notaire"
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"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameFR | RELAYIMMO |