RELEVATION
The computed 12-month bankruptcy probability of RELEVATION is 2.6% (moderate). The 2024 annual accounts show negative equity (€-44k) and a net result of €-22k. Equity is shrinking by ~54% per year across the filed fiscal years. Its solvency ranks better than 7% of 3164 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-44k |
| Net result | €-22k |
| Better than sector | 7% |
| Active | 5 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | -43.1% | 53.7% | |
| Net result | €-22k | €18k | |
| Equity | €-44k | €40k | |
| Total assets | €102k | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-9k |
| Net profit | €-22k |
| Cash flow | €-8k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €102k |
| Equity | €-44k |
| Debt | €145k |
| of which ≤ 1y | €145k |
| of which > 1y | - |
| Working capital | €-64k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.56 |
| Quick ratio | 0.56 |
| Working capital ratio | -63.1% |
| Solvency | -43.1% |
| Debt / equity | -3.32 |
| Long-term debt ratio | - |
| Interest coverage | -102.74 |
| Gross margin | - |
| Net margin | - |
| ROA | -21.4% |
| ROE | 49.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €102k |
| Fixed assets | 21/28 | €20k |
| Intangible fixed assets | 21 | €20k |
| Current assets | 29/58 | €81k |
| Amounts receivable within one year | 40/41 | €81k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €102k |
| Equity | 10/15 | €-44k |
| Contributions / capital | 10/11 | €45k |
| Accumulated profits (losses) | 14 | €-89k |
| Amounts payable | 17/49 | €145k |
| Amounts payable within one year | 42/48 | €145k |
| Trade debts payable within one year | 44 | €44k |
| Income statement | ||
| Operating result | 9901 | €-22k |
| Financial income | 75 | €535 |
| Financial charges | 65 | €85 |
| Result before taxes | 9903 | €-22k |
| Net result for the period | 9904 | €-22k |
| Result to be appropriated | 9905 | €-22k |
| NACE primary | 82300 |
| Legal form | Private limited company(610) |
| Incorporation | 08-02-2021 |
| Status | Active |
| Postal code | 1050 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62002C0251/00A000 | Wallonia | 2,798 m² | 1 · 92 m² | 9.7 m · 2 fl. |
| 21807G0181/00P000 | Brussels | 1,180 m² | 1 · 1,184 m² | 32.6 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-06-2025 Registered office moved from Liège to Bruxelles
- Rue de Tilff 404, 04 JUIN 2025 Greffe SION LIEGE 4031 Liège → 1050 Bruxelles, avenue Louise 350
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "1050 Bruxelles, avenue Louise 350",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "avenue Louise",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "350",
"locality_suffix": null
},
"old_address": {
"raw": "Rue de Tilff 404,\n04 JUIN 2025\nGreffe\nSION LIEGE\n4031 Li\u00E8ge",
"city": "Li\u00E8ge",
"region": "waals_gewest",
"street": "Rue de Tilff",
"country": "BE",
"postcode": "4031",
"box_number": null,
"street_number": "404",
"locality_suffix": null
},
"effective_date": "2025-05-20",
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": 2,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2025-06-16",
"filing_date": "2025-06-04",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2025-06-04",
"unanimous": true
},
"subject_company": {
"kbo": "0763.350.408",
"name_full": "Relevation",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Emma Bruneau",
"org_rep_person_name": null,
"person_role_at_subject": "mandataire sp\u00E9ciale"
},
"co_filed_documents": []
}13-11-2023 Registered office moved to Angleur
- 4031 Angleur (Liège), Rue de Tilff 404.
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "4031 Angleur (Li\u00E8ge), Rue de Tilff 404.",
"city": "Angleur",
"region": "waals_gewest",
"street": "Rue de Tilff",
"country": "BE",
"postcode": "4031",
"box_number": null,
"street_number": "404",
"locality_suffix": "(Li\u00E8ge)"
},
"old_address": null,
"effective_date": null,
"evidence_quote": "L\u0027administrateur unique d\u00E9cide de transf\u00E9rer le si\u00E8ge de la soci\u00E9t\u00E9 d\u00E8s \u00E0 pr\u00E9sent \u00E0 l\u0027adresse suivante:",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2023-11-03",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2023-10-17",
"unanimous": true
},
"subject_company": {
"kbo": "0763.350.408",
"name_full": "RELEVATION",
"legal_form": "sarl",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0875.430.542",
"org_name": "VGD Accountants en Belastingconsulenten srl",
"person_name": "Amela Arnaut",
"org_rep_person_name": "Amela Arnaut",
"person_role_at_subject": "mandataire"
},
"co_filed_documents": [
"Bijlagen bij het B\u00E9lgisch Staatsblad",
"Annexes du Moniteur"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | RELEVATION |