RELI
ActiveRELI has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €545k and a net result of €23k. Equity is growing by ~28.2% per year across the filed fiscal years. Its solvency ranks better than 67% of 679 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
79
/ 100
Excellent▼ -21 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▼-75
Solvency89▼-7
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 2.11 in 2024), but 52.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.6%
Return on assets
2%
Age of the figures
11 mo
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 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
28 d early
2022
30 d early
2021
3 d late
2020
9 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€545k▲ 4.3%
2024 · €523k
2018: €122k
2019: €119k
2020: €118k
2021: €257k
2022: €328k
2023: €422k
2024: €523k
2018 → 2025
Total assets
€1.15M▲ 15.3%
2024 · €994k
2018: €403k
2019: €326k
2020: €415k
2021: €1.07M
2022: €705k
2023: €724k
2024: €994k
2018 → 2025
Net result
€23k▼ 77.6%
2024 · €101k
2018: €289
2019: €-2k
2020: €141
2021: €140k
2022: €72k
2023: €94k
2024: €101k
2018 → 2025
Working capital
€502k▲ 1.5%
2024 · €495k
2018: €-47k
2019: €20k
2020: €73k
2021: €232k
2022: €291k
2023: €392k
2024: €495k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€257k-€328k▲ 27.9%€422k▲ 28.7%€523k▲ 23.8%€545k▲ 4.3%
Operating result€183k-€105k▼ 42.8%€131k▲ 25.2%€163k▲ 24.0%€37k▼ 77.4%
Net result€140k-€72k▼ 49.1%€94k▲ 31.5%€101k▲ 6.9%€23k▼ 77.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 77% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.15M
Fixed assets
€55k▼ 0.6%
Current assets
€1.09M▲ 16.2%
Equity and liabilities €1.15M
Equity
€545k▲ 4.3%
Debt
€601k▲ 27.4%
The debt ratio rises from 47.4% to 52.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€59k▼
2024 · €184k
Cash flow
€45k▼
2024 · €121k
Solvency
47.6%▼
2024 · 52.6%
Current ratio
1.85▼
2024 · 2.11
Quick ratio
1.85▼
2024 · 2.11
Debt / equity
1.10▲
2024 · 0.90
ROE
4.1%▼
2024 · 19.2%
ROA
2.0%▼
2024 · 10.1%
Interest coverage
21.31▼
2024 · 54.18
Debt
€601k▲
2024 · €471k
Debt ≤ 1 year
€589k▲
2024 · €444k
Debt > 1 year
€11k▼
2024 · €26k
Income taxes
€14k▼
2024 · €60k
Staff costs
€195k▼
2024 · €197k
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€994k€1.15M▲
Fixed assets21/28€55k€55k▼
Intangible fixed assets21€2k€95▼
Tangible fixed assets22/27€53k€54k▲
Plant, machinery and equipment23€3k€3k▲
Furniture and vehicles24€49k€38k▼
Other tangible fixed assets26€1k€13k▲
Financial fixed assets28€698€698=
Current assets29/58€939k€1.09M▲
Amounts receivable within one year40/41€784k€776k▼
Other amounts receivable41€784k€776k▼
Cash at bank and in hand54/58€153k€315k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€994k€1.15M▲
Equity10/15€523k€545k▲
Contributions10/11€25k€25k=
Reserves13€497k€520k▲
Distributable reserves133€497k€520k▲
Profit (loss) carried forward14€726€726=
Amounts payable17/49€471k€601k▲
Amounts payable after more than one year17€26k€11k▼
Financial debts170/4€26k€11k▼
Amounts payable within one year42/48€444k€589k▲
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€245k€469k▲
Suppliers440/4€245k€469k▲
Advances received on contracts in progress46€67k€54k▼
Taxes, remuneration and social security45€47k€21k▼
Taxes450/3€31k€5k▼
Remuneration and social security454/9€16k€16k▲
Other amounts payable47/48€70k€30k▼
Accrued charges and deferred income492/3€1k€400▼
Income statement
Code20242025
Remuneration, social security and pensions62€197k€195k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€22k▲
Other operating charges640/8€13k€9k▼
Gross operating margin9900€394k€263k▼
Operating profit (loss)9901€163k€37k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€161k€36k▼
Income taxes67/77€60k€14k▼
Profit (loss) for the period9904€101k€23k▼
Profit (loss) for the period to be appropriated9905€101k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€101k€23k▼
Profit (loss) brought forward from the previous period14P€716€726▲
Transfer to equity691/2€101k€23k▼
To other reserves6921€101k€23k▼
Social balance
Average headcount (FTE)90871.71.6▼
The notes to these accounts (14 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
07-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment6 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment6 facts ▸
- General meeting, 31/12/2023
- Director resignation, Dijken BV (bestuurder)
- Director resignation, Steyaert Henri (bestuurder)
- Director appointment, Manome BV (bestuurder)
- Permanent representative, Steyaert Henri
- Permanent representative, Naesens Barbara
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €500kEq €523k ▲23.8%
5 profitable years in a row build equity to €523k.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
30-09
Financial
Highest result since 2018net €140k ▲99585%
Operating result €183k, net result €140k, both a record.
30-09
Financial
Equity above €200kEq €257k ▲118%
2 profitable years in a row build equity to €257k.
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €141
Net result €141 after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €-2k ▼921%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
Manome
CurrentDirector · since 31-12-2023 · Private limited company
31-12-2023
Manome: Appointed as Director
31-12-2023
Henri Steyaert: Resigned as Director
Location & real-estate footprint
Registered office, Lievegem · 1 establishment unit since 2008
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.
Ganzevijver 149920 LievegemGround area
2,155 m²
Building footprint
172 m²
Volume, LiDAR
519 m³
Parcel 44452C0162/00H000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
RELI
since 20082.169.779.340
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44452C0162/00H000 | Flanders | 2,155 m² | 1 · 172 m² | 6.6 m · 1 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
Ownership & control
1 partyControl over this companysits on this company's board1
1 subsidiary · 1 location
controls
RELIBE 0896.035.520
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 225 EUR awarded · 225 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 147 EUR | 147 EUR |
| 2022 | 1 | 78 EUR | 78 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
De Kempenvrienden
BE 0404.163.465
Dessel · Eq €544k
Chez Esmara & Philippe
BE 0641.981.434
Brussel · Eq €540k
DOMIVER
BE 0427.799.395
Wingene · Eq €559k
HOLIDAY SUITES
BE 0834.230.286
Brugge · Eq €532k
DE MEESTER PROJECTS
BE 0891.764.748
Rijkevorsel · Eq €559k
Of 2,995 companies in sector 55203 we hold annual accounts for 687. 414 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2008
Fiscal year end30-09
Activities, NACEBEL
55203Holiday cottages, homes and apartments
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.