RELEASE
ActiveRELEASE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-17k) and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▲+31
Solvency10▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.28 in 2024; short-term debt: 61.8% and cash: 0.1% of total assets), and equity is negative.
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
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
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
-14.7%
Return on assets
-4.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-17k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
40 d late
2023
30 d late
2022
23 d late
2021
25 d late
2020
1 d early
2019
101 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-17k▼ 44.7%
2024 · €-12k
2018: €15k
2019: €15k
2020: €17k
2021: €8k
2022: €11k
2023: €11k
2024: €-12k
2018 → 2025
Total assets
€118k▼ 10.9%
2024 · €132k
2018: €188k
2019: €177k
2020: €171k
2021: €157k
2022: €147k
2023: €141k
2024: €132k
2018 → 2025
Net result
€-5k▲ 76.5%
2024 · €-23k
2018: €70
2019: €51
2020: €2k
2021: €-10k
2022: €3k
2023: €117
2024: €-23k
2018 → 2025
Working capital
€-57k▼ 17.6%
2024 · €-48k
2018: €-20k
2019: €-18k
2020: €-7k
2021: €-17k
2022: €-15k
2023: €-17k
2024: €-48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€11k▲ 41.2%€11k▲ 1.1%€-12k€-17k▼ 44.7%
Operating result€1k-€8k▲ 675%€9k▲ 14.7%€-18k€878
Net result€-10k-€3k€117▼ 96.2%€-23k€-5k▲ 76.5%
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: €878 after a loss of €18k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118k
Fixed assets
€102k▼ 10.9%
Current assets
€16k▼ 10.8%
Key figures and ratios
EBITDA
€13k▲
2024 · €-3k
Cash flow
€7k▲
2024 · €-8k
Solvency
-14.7%▼
2024 · -9.0%
Current ratio
0.22▼
2024 · 0.28
Quick ratio
0.13▼
2024 · 0.17
Debt / equity
-7.82▲
2024 · -12.07
ROA
-4.5%▲
2024 · -17.2%
Interest coverage
2.19▲
2024 · -0.37
Debt
€135k▼
2024 · €144k
Debt ≤ 1 year
€73k▲
2024 · €66k
Debt > 1 year
€62k▼
2024 · €78k
Income taxes
€227▲
2024 · €-3k
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€132k€118k▼
Fixed assets21/28€114k€102k▼
Tangible fixed assets22/27€114k€102k▼
Land and buildings22€110k€98k▼
Plant, machinery and equipment23€756€581▼
Furniture and vehicles24€3k€3k▼
Current assets29/58€18k€16k▼
Stocks and contracts in progress3€7k€7k▼
Stocks30/36€7k€7k▼
Amounts receivable within one year40/41€8k€7k▼
Trade receivables40€4k€1k▼
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58-€76
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€132k€118k▼
Equity10/15€-12k€-17k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-20k€-25k▼
Amounts payable17/49€144k€135k▼
Amounts payable after more than one year17€78k€62k▼
Financial debts170/4€78k€62k▼
Amounts payable within one year42/48€66k€73k▲
Current portion of amounts payable after more than one year42€15k€16k▲
Financial debts43€3k€336▼
Credit institutions430/8€3k€336▼
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€1€112▲
Taxes450/3€1€112▲
Other amounts payable47/48€46k€52k▲
Accrued charges and deferred income492/3-€131
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€12k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€1k€17k▲
Operating profit (loss)9901€-18k€878▲
Financial income75/76B€0€65▲
Recurring financial income75€0€65▲
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€-25k€-5k▲
Income taxes67/77€-3k€227▲
Profit (loss) for the period9904€-23k€-5k▲
Profit (loss) for the period to be appropriated9905€-23k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-25k▼
Profit (loss) brought forward from the previous period14P€3k€-20k▼
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
31-12
Financial
Weakest financial yearnet €-23k ▼19469%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
30-09
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Sint-Niklaas · 1 establishment unit since 2000
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.
Prins Karelstraat 239100 Sint-NiklaasGround area
250 m²
Building footprint
160 m²
Volume, LiDAR
1,172 m³
Parcel 46447B0507/00K009, Flanders · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RELeaSe Tea
since 20002.096.456.050
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46447B0507/00K009 | Flanders | 250 m² | 1 · 159 m² | 13.3 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Niklaas2.096.456.050
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DE LINDE
BE 0438.899.066
Middelkerke · Eq €11k
Inkooporganisatie
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PORT2PORT
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Brecht · Eq €10k
Of 1,508 companies in sector 47252 we hold annual accounts for 651. 277 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-1999
Fiscal year end31-12
Activities, NACEBEL
47252Retail sale of beverages, general range
52310
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47730Retail sale of pharmaceutical products
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
52320
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.