RELIANCE
Annual accounts 2025
full format, filed on 30-06-2026, 31 days before the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €940,000. Estimated: probably between €890,000 and €1.1m.
Balance sheet
balance sheet total €1.1m on 31-12-2025in euro
in euro
Position in the sector
81.3%
Higher than 86% of 665 companies in 2025.
4.78
Higher than 82% of 659 companies in 2025.
1.8%
Higher than 52% of 658 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
1.1m | 873,688 | 482,310 | 416,537 | 407,555 | 202,417 | 191,255 | 208,379 | 128,840 | 133,512 | 102,381 | |
21/28 |
571,085 | 267,257 | 43,236 | 53,034 | 2,864 | 3,536 | 7,190 | 15,012 | 22,868 | 8,529 | 12,529 | |
21 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 459 | |
22/27 |
565,655 | 262,642 | 38,621 | 52,169 | 1,999 | 2,671 | 6,915 | 14,737 | 22,593 | 8,254 | 11,795 | |
22 |
547,937 | 232,860 | - | - | - | - | - | - | - | - | - | |
24 |
13,475 | 24,648 | 37,450 | 50,803 | 300 | 600 | 6,423 | 14,068 | 21,748 | 6,829 | 10,144 | |
26 |
4,244 | 5,134 | 1,171 | 1,366 | 1,699 | 2,071 | 491 | 668 | 845 | 1,425 | 1,651 | |
28 |
5,430 | 4,615 | 4,615 | 865 | 865 | 865 | 275 | 275 | 275 | 275 | 275 | |
29/58 |
488,800 | 606,431 | 439,074 | 363,503 | 404,691 | 198,882 | 184,065 | 193,368 | 105,973 | 124,983 | 89,852 | |
40/41 |
72,586 | 262,684 | 81,222 | 40,966 | 42,548 | 99,946 | 21,295 | 22,530 | 16,551 | 13,827 | 39,351 | |
40 |
- | 218,041 | 2,385 | 0 | 231 | 24,664 | 0 | 0 | 0 | 508 | 30,382 | |
41 |
72,586 | 44,643 | 78,837 | 40,966 | 42,317 | 75,283 | 21,295 | 22,530 | 16,551 | 13,320 | 8,969 | |
54/58 |
413,276 | 335,725 | 355,994 | 320,215 | 359,831 | 95,714 | 161,150 | 169,078 | 72,779 | 102,813 | 44,252 | |
490/1 |
2,938 | 8,022 | 1,858 | 2,322 | 2,312 | 3,221 | 1,620 | 1,759 | 16,642 | 8,343 | 6,249 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
1.1m | 873,688 | 482,310 | 416,537 | 407,555 | 202,417 | 191,255 | 208,379 | 128,840 | 133,512 | 102,381 | |
10/15 |
861,579 | 776,133 | 341,005 | 335,436 | 234,925 | 173,172 | 125,290 | 77,836 | 73,227 | 81,606 | 53,751 | |
14 |
277,150 | 257,988 | 341,005 | 335,436 | 234,925 | 173,172 | 125,290 | 77,836 | 73,227 | 81,606 | 53,751 | |
15 |
584,430 | 518,145 | - | - | - | - | - | 0 | 0 | - | - | |
17/49 |
198,305 | 97,555 | 141,306 | 81,102 | 172,629 | 29,245 | 65,965 | 130,543 | 55,613 | 51,907 | 48,629 | |
17 |
- | - | - | - | - | - | - | - | - | 0 | 2,656 | |
170/4 |
- | - | - | - | - | - | - | - | - | 0 | 2,656 | |
42/48 |
102,305 | 93,532 | 141,306 | 55,591 | 47,081 | 27,643 | 42,399 | 55,590 | 55,613 | 45,411 | 42,365 | |
42 |
- | - | - | - | - | - | 0 | - | - | 2,656 | 5,139 | |
44 |
33,240 | 38,575 | 89,037 | 31,919 | 19,690 | 1,069 | 3,572 | 28,823 | 23,613 | 16,009 | 14,329 | |
440/4 |
33,240 | 38,575 | 89,037 | 31,919 | 19,690 | 1,069 | 3,572 | 28,823 | 23,613 | 16,009 | 14,329 | |
45 |
69,065 | 54,957 | 52,268 | 23,671 | 27,391 | 26,575 | 38,827 | 25,891 | 32,000 | 26,746 | 22,897 | |
450/3 |
- | - | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
454/9 |
69,065 | 54,957 | 52,268 | 23,671 | 27,391 | 26,575 | 38,827 | 25,891 | 32,000 | 26,746 | 22,897 | |
47/48 |
- | 0 | - | - | 0 | - | - | - | - | - | - | |
492/3 |
96,000 | 4,023 | 0 | 25,511 | 125,548 | 1,602 | 23,566 | 74,953 | 0 | 6,496 | 3,609 | |
| Income statement | ||||||||||||
76A |
- | - | - | - | - | - | 40 | 563 | - | - | 651 | |
9900 |
805,595 | 652,419 | 608,859 | 601,946 | 496,872 | 507,636 | 469,464 | 330,768 | 331,405 | 271,365 | 283,127 | |
62 |
728,457 | 699,051 | 586,674 | 485,313 | 432,028 | 451,587 | 413,141 | 315,509 | 311,732 | 232,799 | 268,329 | |
630 |
54,934 | 30,496 | 14,658 | 14,759 | 672 | 7,096 | 7,822 | 10,269 | 11,074 | 9,683 | 14,513 | |
640/8 |
1,286 | 1,612 | 945 | 799 | 790 | 1,071 | 904 | 880 | 866 | 784 | 779 | |
66A |
275 | 0 | 0 | 224 | 608 | - | 0 | - | 437 | - | 608 | |
9901 |
20,643 | -78,740 | 6,582 | 100,850 | 62,773 | 47,882 | 47,598 | 4,110 | 7,733 | 28,099 | -494 | |
75/76B |
20 | 3 | 267 | 27 | 5 | 0 | 65 | 36 | 690 | 311 | 150 | |
75 |
20 | 3 | 267 | 27 | 5 | - | 65 | 36 | 690 | 311 | 150 | |
65/66B |
1,501 | 4,280 | 1,280 | 368 | 1,025 | 0 | 248 | 100 | 135 | 555 | 656 | |
65 |
1,501 | 4,280 | 1,280 | 368 | 1,025 | - | 248 | 100 | 135 | 555 | 656 | |
9903 |
19,162 | -83,017 | 5,569 | 100,510 | 61,753 | 47,882 | 47,414 | 4,045 | 8,288 | 27,854 | -999 | |
67/77 |
- | - | 0 | - | - | - | - | - | - | - | - | |
9904 |
19,162 | -83,017 | 5,569 | 100,510 | 61,753 | 47,882 | 47,454 | 4,608 | 7,851 | 27,854 | -957 | |
9905 |
19,162 | -83,017 | 5,569 | 100,510 | 61,753 | 47,882 | 47,454 | 4,608 | 7,851 | 27,854 | -957 | |
| Appropriation of the result | ||||||||||||
9906 |
277,150 | 257,988 | 341,005 | 335,436 | 234,925 | 173,172 | 125,290 | 77,836 | 73,227 | 81,606 | 53,751 | |
14P |
257,988 | 341,005 | 335,436 | 234,925 | 173,172 | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||
9087 |
- | - | - | - | - | 8.8 | 7.4 | 5.9 | 5.8 | 5.3 | 5.9 | |
Hours worked1013 |
- | - | - | - | - | 13,821 | 12,473 | 9,754 | 9,851 | 7,797 | 9,609 | |
| Document | ||||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-06-2026 | 2026-00245026 | |
| 31-12-2024 | full format | 26-06-2025 | 2025-00222623 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00178093 | |
| 31-12-2022 | micro format | 28-06-2023 | 2023-00167840 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20117263 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-29200173 | |
| 31-12-2019 | full format | 01-07-2020 | 2020-25400189 | |
| 31-12-2018 | full format | 23-07-2019 | 2019-36900460 | |
| 31-12-2017 | full format | 23-07-2018 | 2018-37100479 | |
| 31-12-2014 | full format | 22-07-2015 | 2015-34800294 | |
| 31-12-2013 | full format | 31-07-2014 | 2014-37500066 |
Subsidies and aid
Wallonia-Brussels Federation 2021 to 2025, 47 entries, €1.8m in total
| Year | Entries | Paid |
|---|---|---|
| 2025 | 19 | €470,029 |
| 2024 | 12 | €455,900 |
| 2023 | 11 | €505,064 |
| 2022 | 2 | €364,072 |
| 2021 | 3 | €20,624 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 75,577 | -48,244 | 21,240 | 115,610 | 63,445 | 54,978 | 55,420 | 14,379 | 18,807 | 37,782 | 14,019 | ||
| 74,096 | -52,521 | 20,227 | 115,269 | 62,425 | 54,978 | 55,276 | 14,878 | 18,925 | 37,537 | 13,556 | ||
| 358,762 | 254,517 | 4,860 | 64,930 | 0 | 3,442 | 0 | 2,413 | 3,180 | 5,683 | 4,425 | ||
| 77,552 | -20,270 | 35,779 | -39,616 | 264,117 | -65,436 | -7,928 | 96,299 | - | 58,561 | - | ||
| 386,494 | 512,899 | 297,768 | 307,912 | 357,610 | 171,238 | 141,666 | 137,778 | 50,360 | 79,572 | 47,487 | ||
| 81.3% | 88.8% | 70.7% | 80.5% | 57.6% | 85.6% | 65.5% | 37.4% | 56.8% | 61.1% | 52.5% | ||
| 4.78 | 6.48 | 3.11 | 6.54 | 8.60 | 7.19 | 4.34 | 3.48 | 1.91 | 2.75 | 2.12 | ||
| 0.23 | 0.13 | 0.41 | 0.24 | 0.73 | 0.17 | 0.53 | 1.68 | 0.76 | 0.64 | 0.90 | ||
| 2.2% | -10.7% | 1.6% | 30.0% | 26.3% | 27.7% | 37.9% | 5.9% | 10.7% | 34.1% | -1.8% | ||
| 1.8% | -9.5% | 1.2% | 24.1% | 15.2% | 23.7% | 24.8% | 2.2% | 6.1% | 20.9% | -0.9% | ||
| 50.36 | -11.27 | 16.60 | over 100 | 61.92 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €357,947 | €254,517 | €1,110 | €64,930 | €0 |
| Financial fixed assets | €815 | - | €3,750 | - | - |
| €54,934 | €30,496 | €14,658 | €14,759 | €672 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on RELIANCE
The operating result for 2025 is a profit of €20,643, after a loss of €78,740 in 2024. It is the highest result since 2022.
Debt's share of the balance-sheet total rises from 11.2% to 18.7%. Equity and debt are higher.