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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 €42,780 and a net result of -€7,220. 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 31-12-2025 was due by 31-07-2026 and was filed on 17-03-2026, 136 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
136 d early
2024
147 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 142 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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

History

On 3 October 2024, RELY ASETHS was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, abbreviated schema

Turnover
€1,248
EBIT margin
-576.8%
Net result
-€7,220
Working capital
€9,012

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

Balance-sheet composition
Assets €49,691
Fixed assets €35,613
Current assets €14,077
Equity and liabilities €50,857
Equity €42,780
Debt €8,077
Debt finances 15.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
-€6,146
Cash flow
-€6,168
Current ratio
2.78
Debt to equity
0.19
ROE
-16.9%
ROA
-14.2%
Interest coverage
-273.27
Debt ≤ 1 year
€5,066

Peer companies

Historical observation

Of the 584 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.2% went bankrupt
6.0% stopped otherwise
92% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 584 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 43 lines
Balance sheet Code2024
Assets
Total assets20/58€50,857
Formation expenses20€1,166
Fixed assets21/28€35,613
Tangible fixed assets22/27€35,613
Plant, machinery and equipment23€491
Furniture and vehicles24€3,910
Other tangible fixed assets26€31,212
Current assets29/58€14,077
Amounts receivable after more than one year29€0
Trade receivables290€0
Other amounts receivable291€0
Amounts receivable within one year40/41€7,360
Trade receivables40€280
Other amounts receivable41€7,080
Cash at bank and in hand54/58€6,544
Deferred charges and accrued income490/1€174
Equity and liabilities
Total equity and liabilities10/49€50,857
Equity10/15€42,780
Contributions10/11€50,000
Capital10€50,000
Issued capital100€50,000
Revaluation surpluses12€0
Profit (loss) carried forward14-€7,220
Amounts payable17/49€8,077
Amounts payable within one year42/48€5,066
Trade debts44€66
Suppliers440/4€66
Taxes, remuneration and social security45€5,000
Taxes450/3€100
Remuneration and social security454/9€4,900
Accrued charges and deferred income492/3€3,011
Income statement Code2024
Turnover70€1,248
Goods, raw materials, services and sundry goods60/61€7,006
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,051
Other operating charges640/8€387
Gross operating margin9900-€5,759
Operating profit (loss)9901-€7,197
Financial charges65/66B€22
Recurring financial charges65€22
Profit (loss) for the period before taxes9903-€7,220
Profit (loss) for the period9904-€7,220
Profit (loss) for the period to be appropriated9905-€7,220
Appropriation of the result
Profit (loss) to be appropriated9906-€7,220

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

Line2024
Turnover70€1,248
Goods, raw materials, services and sundry goods60/61€7,006
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,051
Other operating charges640/8€387
Gross operating margin9900-€5,759
Operating profit (loss)9901-€7,197
Financial charges65/66B€22
Recurring financial charges65€22
Profit (loss) for the period before taxes9903-€7,220
Profit (loss) for the period9904-€7,220
Profit (loss) for the period to be appropriated9905-€7,220
Line2024
Assets
Total assets20/58€50,857
Formation expenses20€1,166
Fixed assets21/28€35,613
Tangible fixed assets22/27€35,613
Plant, machinery and equipment23€491
Furniture and vehicles24€3,910
Other tangible fixed assets26€31,212
Current assets29/58€14,077
Amounts receivable after more than one year29€0
Trade receivables290€0
Other amounts receivable291€0
Amounts receivable within one year40/41€7,360
Trade receivables40€280
Other amounts receivable41€7,080
Cash at bank and in hand54/58€6,544
Deferred charges and accrued income490/1€174
Equity and liabilities
Total equity and liabilities10/49€50,857
Equity10/15€42,780
Contributions10/11€50,000
Capital10€50,000
Issued capital100€50,000
Revaluation surpluses12€0
Profit (loss) carried forward14-€7,220
Amounts payable17/49€8,077
Amounts payable within one year42/48€5,066
Trade debts44€66
Suppliers440/4€66
Taxes, remuneration and social security45€5,000
Taxes450/3€100
Remuneration and social security454/9€4,900
Accrued charges and deferred income492/3€3,011
Line2024
Profit (loss) for the period9904-€7,220
+ Depreciation and write-downs630€1,051
Operating cash flow (approximation)-€6,168

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
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
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014612773

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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