RELIEVE GROUP
ActiveThe computed 12-month bankruptcy probability of RELIEVE GROUP is 4.7% (elevated). The 2025 annual accounts show equity of €302k and a net result of €-94k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 18237 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-82
Solvency96▲+8
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days only on tighter terms
Liquidity ample (current ratio 3.36 against 2.73 in 2024; short-term debt: 27.8% and cash: 63.5% of total assets), and 29.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
31 d early
2024
45 d early
2023
19 d early
2022
18 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
€302k▼ 23.8%
2024 · €396k
2022: €346k
2023: €328k
2024: €396k
2022 → 2025
Total assets
€428k▼ 31.6%
2024 · €626k
2022: €379k
2023: €376k
2024: €626k
2022 → 2025
Net result
€-94k
2024 · €68k
2022: €14k
2023: €-18k
2024: €68k
2022 → 2025
Working capital
€280k▼ 25.0%
2024 · €374k
2022: €367k
2023: €327k
2024: €374k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€346k-€328k▼ 5.2%€396k▲ 20.8%€302k▼ 23.8%
Operating result€19k-€-17k€68k€-85k
Net result€14k-€-18k€68k€-94k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €85k after €68k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €428k
Fixed assets
€28k▼ 21.8%
Current assets
€399k▼ 32.3%
Equity and liabilities €428k
Equity
€302k▼ 23.8%
Debt
€126k▼ 45.3%
The debt ratio falls from 36.7% to 29.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-74k▼
2024 · €77k
Cash flow
€-83k▼
2024 · €77k
Solvency
70.6%▲
2024 · 63.3%
Current ratio
3.36▲
2024 · 2.73
Quick ratio
3.34▲
2024 · 2.70
Debt / equity
0.42▼
2024 · 0.58
ROE
-31.2%▼
2024 · 17.2%
ROA
-22.0%▼
2024 · 10.9%
Interest coverage
-7.50▼
2024 · 9.44
Debt
€126k▼
2024 · €229k
Debt ≤ 1 year
€119k▼
2024 · €216k
Debt > 1 year
€7k▼
2024 · €14k
Staff costs
€310k▲
2024 · €269k
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€626k€428k▼
Fixed assets21/28€36k€28k▼
Tangible fixed assets22/27€36k€27k▼
Furniture and vehicles24€36k€27k▼
Financial fixed assets28€106€2k▲
Current assets29/58€589k€399k▼
Stocks and contracts in progress3€7k€2k▼
Stocks30/36€7k€2k▼
Amounts receivable within one year40/41€108k€119k▲
Trade receivables40€108k€104k▼
Other amounts receivable41-€15k
Cash at bank and in hand54/58€475k€271k▼
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€626k€428k▼
Equity10/15€396k€302k▼
Contributions10/11€332k€332k=
Reserves13€63k€63k=
Distributable reserves133€63k€63k=
Profit (loss) carried forward14€1k€-93k▼
Amounts payable17/49€229k€126k▼
Amounts payable after more than one year17€14k€7k▼
Financial debts170/4€14k€7k▼
Amounts payable within one year42/48€216k€119k▼
Current portion of amounts payable after more than one year42€11k€7k▼
Trade debts44€123k€54k▼
Suppliers440/4€123k€54k▼
Taxes, remuneration and social security45€78k€56k▼
Taxes450/3€52k€45k▼
Remuneration and social security454/9€26k€11k▼
Other amounts payable47/48€4k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€269k€310k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€11k▲
Other operating charges640/8€964€731▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€347k€241k▼
Operating profit (loss)9901€68k€-85k▼
Financial income75/76B€34k€723▼
Recurring financial income75€2k€723▼
Non-recurring financial income76B€32k-
Financial charges65/66B€8k€10k▲
Recurring financial charges65€8k€10k▲
Profit (loss) for the period before taxes9903€94k€-94k▼
Income taxes67/77€26k-
Profit (loss) for the period9904€68k€-94k▼
Profit (loss) for the period to be appropriated9905€68k€-94k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€-93k▼
Profit (loss) brought forward from the previous period14P€-4k€1k▲
Transfer to equity691/2€63k-
To other reserves6921€63k-
The notes to these accounts (8 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-94k ▼238%
Net result drops to €-94k, the lowest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €68k
Net result €68k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Elsene · 2 establishment units since 2022
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.
Louizalaan 2511050 ElseneGround area
2,173 m²
Building footprint
1,647 m²
Volume, LiDAR
47,094 m³
2 parcels, Brussels, Wallonia · tallest building 46.6 m, ±13 floors. Linked by address, not a title deed.
2 establishment units
Louizalaan 251, 1050 Elsene
since 20222.328.561.313
Rue Sainte-Anne 59B, 1410 Waterloo
since 20252.370.418.791
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0135/00T003 | Brussels | 1,574 m² | 1 · 1,579 m² | 46.6 m · 13 fl. |
| 25764O0133/00_000 | Wallonia | 599 m² | 1 · 68 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 1002.094.330
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EURO SHOP VELDEGEM
BE 0841.384.730
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'T SOETE
BE 0475.194.288
Mol · Eq €303k
UMU
BE 0464.056.413
Lokeren · Eq €304k
Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 1,273 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2022
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47551Retail sale of household furniture
47591Retail trade
47910Retail trade
68121Development of residential building projects
46190Agents in non-specialised wholesale trade
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.