Skip to content

Rielem

Active
Private limited companyfounded 20224 yrs activePloeghoeveweg 1, 2500 Lier, BelgiumKBO/BCE: BE 0787.997.217
Summary

The computed 12-month bankruptcy probability of Rielem is 2.2% (moderate). The 2025 annual accounts show equity of €1.0m and a net result of €109,150. Equity is growing by ~20.1% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability77▲+2
Solvency83▲+7
Growth78=
Track record94
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity short (current ratio 0.59 against 0.38 in 2024; short-term debt: 25.8% and cash: 14.8% of total assets), and 41.7% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
58.3%
Return on assets
6.2%
Age of the figures
9 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 27-07-2026, 4 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
4 d early
2024
13 d early
2023
26 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 14 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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
27-09-2026 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

Rielem was incorporated on 4 July 2022 as a Private limited company.1 Total assets rose from EUR 1.1 million in 2023 to EUR 1.8 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€1.0m▲ 11.9%
2024 · €915,822
Total assets
€1.8m▼ 1.2%
2024 · €1.8m
Net result
€109,150▲ 14.0%
2024 · €95,724
Working capital
-€185,084▲ 39.6%
2024 · -€306,679
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€14,086-€32,420▲ 130%€40,912▲ 26.2%
Net result€66,447-€95,724▲ 44.1%€109,150▲ 14.0%
Equity€657,057-€915,822▲ 39.4%€1.0m▲ 11.9%
Total assets€1.1m-€1.8m▲ 67.5%€1.8m▼ 1.2%
Debt€405,490-€864,258▲ 113%€733,673▼ 15.1%
Working capital-€327,149--€306,679▲ 6.3%-€185,084▲ 39.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2023: €14,086€14,086Net result 2023: €66,447€66,447Operating result 2024: €32,420€32,420Net result 2024: €95,724€95,724Operating result 2025: €40,912€40,912Net result 2025: €109,150€109,150202320242025€0€50,000€100,000Operating result 2023: €14,086€14,100Net result 2023: €66,447€66,400Operating result 2024: €32,420€32,400Net result 2024: €95,724€95,700Operating result 2025: €40,912€40,900Net result 2025: €109,150€109,000202320242025
The operating result has risen two years in a row; 2025 is 26% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets €1.5m ▼ 6.4%
Current assets €268,632 ▲ 42.1%
Equity and liabilities €1.8m
Equity €1.0m ▲ 11.9%
Debt €733,673 ▼ 15.1%
Debt's share of the balance-sheet total falls from 48.6% to 41.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€141,952▲
2024 · €82,940
Cash flow
€210,190▲
2024 · €146,243
Current ratio
0.59▲
2024 · 0.38
Debt to equity
0.72▼
2024 · 0.94
ROE
10.6%▲
2024 · 10.5%
ROA
6.2%▲
2024 · 5.4%
Interest coverage
7.61▼
2024 · 7.85
Debt ≤ 1 year
€453,716▼
2024 · €495,706
Debt > 1 year
€279,957▼
2024 · €368,552
Income taxes
€20,186▲
2024 · €5,432
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,126 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97% still going

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

For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% 1.6%
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 74% 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 3,126 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 · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.8m€1.8m▼
Fixed assets21/28€1.6m€1.5m▼
Tangible fixed assets22/27€1.3m€1.2m▼
Land and buildings22€1.3m€1.2m▼
Plant, machinery and equipment23€41,509€12,469▼
Furniture and vehicles24€247€164▼
Financial fixed assets28€250,430€250,430=
Current assets29/58€189,027€268,632▲
Amounts receivable within one year40/41€26,699€9,000▼
Trade receivables40-€9,000
Other amounts receivable41€26,699-
Cash at bank and in hand54/58€162,328€259,632▲
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.8m▼
Equity10/15€915,822€1.0m▲
Contributions10/11€96,865€96,865=
Reserves13€818,227€927,376▲
Tax-exempt reserves132€63,593€52,994▼
Distributable reserves133€754,634€874,382▲
Profit (loss) carried forward14€730€730=
Amounts payable17/49€864,258€733,673▼
Amounts payable after more than one year17€368,552€279,957▼
Financial debts170/4€368,552€279,957▼
Amounts payable within one year42/48€495,706€453,716▼
Current portion of amounts payable after more than one year42€84,785€88,592▲
Taxes, remuneration and social security45€15,915€18,618▲
Taxes450/3€15,915€18,618▲
Other amounts payable47/48€395,007€346,507▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50,520€101,040▲
Other operating charges640/8€833€1,253▲
Gross operating margin9900€83,773€143,205▲
Operating profit (loss)9901€32,420€40,912▲
Financial income75/76B€79,295€107,089▲
Recurring financial income75€79,295€107,089▲
Financial charges65/66B€10,560€18,665▲
Recurring financial charges65€10,560€18,665▲
Profit (loss) for the period before taxes9903€101,156€129,336▲
Income taxes67/77€5,432€20,186▲
Profit (loss) for the period9904€95,724€109,150▲
Transfer from tax-exempt reserves789€5,299€10,599▲
Profit (loss) for the period to be appropriated9905€101,023€119,749▲
Appropriation of the result
Profit (loss) to be appropriated9906€101,023€120,479▲
Profit (loss) brought forward from the previous period14P-€730
Transfer to equity691/2€100,293€119,749▲
To other reserves6921€100,293€119,749▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€50,520€101,040▲ 100%
Other operating charges640/8€919€833€1,253▲ 50.4%
Gross operating margin9900€15,005€83,773€143,205▲ 70.9%
Operating profit (loss)9901€14,086€32,420€40,912▲ 26.2%
Financial income75/76B€62,911€79,295€107,089▲ 35.1%
Recurring financial income75€61,576€79,295€107,089▲ 35.1%
Non-recurring financial income76B€1,335---
Financial charges65/66B€68€10,560€18,665▲ 76.8%
Recurring financial charges65€68€10,560€18,665▲ 76.8%
Profit (loss) for the period before taxes9903€76,930€101,156€129,336▲ 27.9%
Income taxes67/77€10,483€5,432€20,186▲ 272%
Profit (loss) for the period9904€66,447€95,724€109,150▲ 14.0%
Transfer from tax-exempt reserves789-€5,299€10,599▲ 100%
Profit (loss) for the period to be appropriated9905€66,447€101,023€119,749▲ 18.5%
Line202320242025Change
Assets
Total assets20/58€1.1m€1.8m€1.8m▼ 1.2%
Fixed assets21/28€984,206€1.6m€1.5m▼ 6.4%
Tangible fixed assets22/27€674,168€1.3m€1.2m▼ 7.5%
Land and buildings22€674,168€1.3m€1.2m▼ 5.5%
Plant, machinery and equipment23-€41,509€12,469▼ 70.0%
Furniture and vehicles24-€247€164▼ 33.4%
Financial fixed assets28€310,038€250,430€250,430=
Current assets29/58€78,340€189,027€268,632▲ 42.1%
Amounts receivable within one year40/41-€26,699€9,000▼ 66.3%
Trade receivables40--€9,000-
Other amounts receivable41-€26,699--
Cash at bank and in hand54/58€78,340€162,328€259,632▲ 59.9%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.8m€1.8m▼ 1.2%
Equity10/15€657,057€915,822€1.0m▲ 11.9%
Contributions10/11€60,000€96,865€96,865=
Reserves13€597,057€818,227€927,376▲ 13.3%
Tax-exempt reserves132-€63,593€52,994▼ 16.7%
Distributable reserves133€597,057€754,634€874,382▲ 15.9%
Profit (loss) carried forward14-€730€730=
Amounts payable17/49€405,490€864,258€733,673▼ 15.1%
Amounts payable after more than one year17-€368,552€279,957▼ 24.0%
Financial debts170/4-€368,552€279,957▼ 24.0%
Amounts payable within one year42/48€405,490€495,706€453,716▼ 8.5%
Current portion of amounts payable after more than one year42-€84,785€88,592▲ 4.5%
Taxes, remuneration and social security45€10,483€15,915€18,618▲ 17.0%
Taxes450/3€10,483€15,915€18,618▲ 17.0%
Other amounts payable47/48€395,007€395,007€346,507▼ 12.3%
Line202320242025Change
Profit (loss) for the period9904€66,447€95,724€109,150▲ 14.0%
+ Depreciation and write-downs630-€50,520€101,040▲ 100%
Operating cash flow (approximation)€66,447€146,243€210,190▲ 43.7%
Investment in fixed assets (approximation)--€657,366€0▲ 100%
Change in cash-€83,988€97,304▲ 15.9%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2023net €109,150 ▲14%
Operating result €40,912, net result €109,150, both a record.
31-12
Financial Equity above €1mEq €1.0m ▲11.9%
3 profitable years in a row build equity to €1.0m.
18-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Lier · 1 establishment unit since 2022
seat establishment approximate The establishment unit on the map
Ground area
2,989 m²
Building footprint
1,941 m²
Volume, LiDAR
10 m³
Parcel 12392A0968/00A000, Flanders · tallest building 4.1 m. Linked by address, not a title deed.
1 establishment unit
Rielem
Ploeghoeveweg 1, 2500 LierRenting and operating of own or leased non-residential real estate, excluding land
since 20222.345.937.971
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12392A0968/00A000 Flanders 2,989 m² 1 · 1,941 m² 4.1 m
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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of Rielem and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded04-07-2022
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0787997217
Also 9925:BE0787997217
Registered 23-05-2025

Register as of 27 September 2026 · Peppol Directory

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