Financials
- Fiscal year
- 2024
- Total assets
- €1,500
- Profit
- €960
- Solvency
- -11.3%
Total assets▼ 77.5%
Net result
20182024
RELEX
ActiveSummary
The computed 12-month bankruptcy probability of RELEX is 1.8% (moderate). The 2024 annual accounts show negative equity (-€170) and a net result of €960. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 18932 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112NACE 55302Limited-service restaurants NACE 56102
1 site
Size
€1,500total assets 2024
- Equity
- -€170
- Profit
- €960
Turnover not published (abridged schema)
Structure
Accounts 64 d overdue0 of 7 deeds read
Why 56- 1 financial year not filed after the legal deadline; latest accounts 42 days late; 3 of the last 3 late- Sector Food and beverage service activities (NACE 56)+ Founded in 2006+ Liquidity: current ratio 0.90, cash €1,000Show the evidence
Checked score
Score 2024
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 63% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
14+6
equity -11.3% of total assets
Liquidity
50+39
short-term debt 111.3% · cash 66.7%
Profitability
100=
return on assets 64.0%
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.6%highest value
12-2024: 2.1%▼ -40.2% vs 11-2024
01-2025: 2.1%▼ -0.9% vs 12-2024
02-2025: 2.1%● 0.0% vs 01-2025
03-2025: 2.1%▼ -0.4% vs 02-2025
04-2025: 2.1%▲ +0.8% vs 03-2025
05-2025: 2.1%▼ -1.9% vs 04-2025
06-2025: 2.1%▼ -0.8% vs 05-2025
07-2025: 2.2%▲ +6.9% vs 06-2025
08-2025: 2.5%▲ +15.4% vs 07-2025
09-2025: 2.8%▲ +9.4% vs 08-2025
10-2025: 1.3%▼ -53.5% vs 09-2025
11-2025: 1.3%● 0.0% vs 10-2025
12-2025: 1.3%● 0.0% vs 11-2025
01-2026: 1.3%▼ -1.0% vs 12-2025
02-2026: 1.3%● 0.0% vs 01-2026
03-2026: 1.3%▼ -1.0% vs 02-2026
04-2026: 1.3%● 0.0% vs 03-2026
05-2026: 1.2%▼ -4.4% vs 04-2026
06-2026: 1.2%▼ -0.8% vs 05-2026lowest value
07-2026: 1.3%▲ +6.1% vs 06-2026
08-2026: 1.6%▲ +25.0% vs 07-2026
09-2026: 1.8%▲ +11.9% vs 08-2026
10-2026: 1.8%▲ +0.8% vs 09-2026
- Founded in 2006 lowers the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 42 days late; 3 of the last 3 late raises the probability
- Liquidity: current ratio 0.90, cash €1,000 lowers the probability
- Sector Food and beverage service activities (NACE 56) raises the probability
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 22%, liquidity 49%, profitability 93%, growth against the median 87%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 18932 sector peers (2024).
NBB · sector comparisonPosition among 18932 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 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
not confirmed
2024
42 d late
2023
104 d late
2022
36 d late
2021
60 d late
2020
91 d late
2019
120 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 76 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Back to profitnet €3,117
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 11-09-2025Annual accounts filed
- 12-11-2024Annual accounts filed
- 31-12-2023Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 15-03-2006
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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