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RELY ASETHS

Active
Private limited companyfounded 20241 yr activeMuiterij 41, 9660 Brakel, BelgiumKBO/BCE: BE 1014.612.773
Summary

RELY ASETHS has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43k and a net result of €-7k. Its solvency ranks better than 90% of 750 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
Axes
Profitability1
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
84.1%
Return on assets
-14.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-03-2025, 147 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
147 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Turnover
€1k
EBIT margin
-576.8%
Net result
€-7k
Working capital
€9k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €50k
Fixed assets €36k
Current assets €14k
Equity and liabilities €51k
Equity €43k
Debt €8k
Debt finances 15.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€-6k
Cash flow
€-6k
Current ratio
2.78
Debt to equity
0.19
ROE
-16.9%
ROA
-14.2%
Interest coverage
-273.27
Debt ≤ 1 year
€5k
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 43 lines
Balance sheet Code2024
Assets
Total assets20/58€51k
Formation expenses20€1k
Fixed assets21/28€36k
Tangible fixed assets22/27€36k
Plant, machinery and equipment23€491
Furniture and vehicles24€4k
Other tangible fixed assets26€31k
Current assets29/58€14k
Amounts receivable after more than one year29€0
Trade receivables290€0
Other amounts receivable291€0
Amounts receivable within one year40/41€7k
Trade receivables40€280
Other amounts receivable41€7k
Cash at bank and in hand54/58€7k
Deferred charges and accrued income490/1€174
Equity and liabilities
Total equity and liabilities10/49€51k
Equity10/15€43k
Contributions10/11€50k
Capital10€50k
Issued capital100€50k
Revaluation surpluses12€0
Profit (loss) carried forward14€-7k
Amounts payable17/49€8k
Amounts payable within one year42/48€5k
Trade debts44€66
Suppliers440/4€66
Taxes, remuneration and social security45€5k
Taxes450/3€100
Remuneration and social security454/9€5k
Accrued charges and deferred income492/3€3k
Income statement Code2024
Turnover70€1k
Goods, raw materials, services and sundry goods60/61€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k
Other operating charges640/8€387
Gross operating margin9900€-6k
Operating profit (loss)9901€-7k
Financial charges65/66B€22
Recurring financial charges65€22
Profit (loss) for the period before taxes9903€-7k
Profit (loss) for the period9904€-7k
Profit (loss) for the period to be appropriated9905€-7k
Appropriation of the result
Profit (loss) to be appropriated9906€-7k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€1k
Goods, raw materials, services and sundry goods60/61€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k
Other operating charges640/8€387
Gross operating margin9900€-6k
Operating profit (loss)9901€-7k
Financial charges65/66B€22
Recurring financial charges65€22
Profit (loss) for the period before taxes9903€-7k
Profit (loss) for the period9904€-7k
Profit (loss) for the period to be appropriated9905€-7k
Line2024
Assets
Total assets20/58€51k
Formation expenses20€1k
Fixed assets21/28€36k
Tangible fixed assets22/27€36k
Plant, machinery and equipment23€491
Furniture and vehicles24€4k
Other tangible fixed assets26€31k
Current assets29/58€14k
Amounts receivable after more than one year29€0
Trade receivables290€0
Other amounts receivable291€0
Amounts receivable within one year40/41€7k
Trade receivables40€280
Other amounts receivable41€7k
Cash at bank and in hand54/58€7k
Deferred charges and accrued income490/1€174
Equity and liabilities
Total equity and liabilities10/49€51k
Equity10/15€43k
Contributions10/11€50k
Capital10€50k
Issued capital100€50k
Revaluation surpluses12€0
Profit (loss) carried forward14€-7k
Amounts payable17/49€8k
Amounts payable within one year42/48€5k
Trade debts44€66
Suppliers440/4€66
Taxes, remuneration and social security45€5k
Taxes450/3€100
Remuneration and social security454/9€5k
Accrued charges and deferred income492/3€3k
Line2024
Profit (loss) for the period9904€-7k
+ Depreciation and write-downs630€1k
Operating cash flow (approximation)€-6k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
06-03
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Brakel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,858 m²
Building footprint
250 m²
Volume, LiDAR
1,622 m³
Parcel 45012A0392/00A002, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Rely Aseths
Muiterij 41, 9660 BrakelManufacture of other transport equipment
since 20242.365.128.531
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45012A0392/00A002 Flanders 1,858 m² 1 · 250 m² 11.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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

Of 662 companies in sector 96995 we hold annual accounts for 74. 55 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded03-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
96995Pet boarding
47762Retail sale of pets, pet food and pet supplies
82990Other business support services
96993Pet care services, excluding veterinary services
96994Pet training

Scores and ratios are computed by Checked and are not a credit decision.