RLS
ActiveSummary
RLS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €355k and a net result of €-21k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 85% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability27▼-33
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 4.56 against 3.94 in 2024; short-term debt: 8.4% and cash: 7.3% of total assets), and 12% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-21k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
16 d early
2022
12 d early
2021
3 d early
2020
2 d early
2019
3 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€355k▼ 5.5%
2024 · €376k
2018: €313klowest in 8 years
2019: €324k▲ +3.4% vs 2018
2020: €336k▲ +3.9% vs 2019
2021: €372k▲ +10.6% vs 2020
2022: €381k▲ +2.3% vs 2021
2023: €394k▲ +3.6% vs 2022highest in 8 years
2024: €376k▼ -4.6% vs 2023
2025: €355k▼ -5.5% vs 2024
2018 → 2025
Total assets
€404k▼ 6.6%
2024 · €432k
2018: €475k
2019: €470k▼ -1.2% vs 2018
2020: €457k▼ -2.8% vs 2019
2021: €484k▲ +6.0% vs 2020highest in 8 years
2022: €470k▼ -2.9% vs 2021
2023: €454k▼ -3.3% vs 2022
2024: €432k▼ -4.8% vs 2023
2025: €404k▼ -6.6% vs 2024lowest in 8 years
2018 → 2025
Net result
€-21k▼ 12.5%
2024 · €-18k
2018: €3k
2019: €11k▲ +254% vs 2018
2020: €24k▲ +122% vs 2019
2021: €36k▲ +51.6% vs 2020highest in 8 years
2022: €9k▼ -75.6% vs 2021
2023: €14k▲ +56.7% vs 2022
2024: €-18k▼ -234% vs 2023
2025: €-21k▼ -12.5% vs 2024lowest in 8 years
2018 → 2025
Working capital
€120k▲ 1.4%
2024 · €118k
2018: €-1klowest in 8 years
2019: €56k▲ +3856% vs 2018
2020: €60k▲ +6.1% vs 2019
2021: €81k▲ +36.1% vs 2020
2022: €88k▲ +8.4% vs 2021
2023: €115k▲ +30.1% vs 2022
2024: €118k▲ +3.4% vs 2023
2025: €120k▲ +1.4% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€372k-€381k▲ 2.3%€394k▲ 3.6%€376k▼ 4.6%€355k▼ 5.5%
2021: €372k
2022: €381k▲ +2.3% vs 2021
2023: €394k▲ +3.6% vs 2022highest in 5 years
2024: €376k▼ -4.6% vs 2023
2025: €355k▼ -5.5% vs 2024lowest in 5 years
Operating result€51k-€16k▼ 68.9%€22k▲ 38.1%€-18k€-20k▼ 8.5%
2021: €51khighest in 5 years
2022: €16k▼ -68.9% vs 2021
2023: €22k▲ +38.1% vs 2022
2024: €-18k▼ -184% vs 2023
2025: €-20k▼ -8.5% vs 2024lowest in 5 years
Net result€36k-€9k▼ 75.6%€14k▲ 56.7%€-18k€-21k▼ 12.5%
2021: €36khighest in 5 years
2022: €9k▼ -75.6% vs 2021
2023: €14k▲ +56.7% vs 2022
2024: €-18k▼ -234% vs 2023
2025: €-21k▼ -12.5% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2025 against €18k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €404k
Fixed assets
€250k ▼ 8.6%
Current assets
€154k ▼ 3.1%
Equity and liabilities €404k
Equity
€355k ▼ 5.5%
Provisions
€15k ▼ 7.9%
Debt
€34k ▼ 16.1%
Debt's share of the balance-sheet total falls from 9.3% to 8.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €5k
Cash flow
€3k▼
2024 · €5k
Current ratio
4.56▲
2024 · 3.94
Debt to equity
0.10▼
2024 · 0.11
ROE
-5.8%▼
2024 · -4.9%
ROA
-5.1%▼
2024 · -4.2%
Interest coverage
1.74▼
2024 · 5.64
Debt ≤ 1 year
€34k▼
2024 · €40k
Income taxes
€150▼
2024 · €388
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€432k€404k▼
Fixed assets21/28€274k€250k▼
Tangible fixed assets22/27€274k€250k▼
Land and buildings22€271k€249k▼
Plant, machinery and equipment23€2k€940▼
Financial fixed assets28€50€50=
Current assets29/58€159k€154k▼
Amounts receivable within one year40/41€107k€121k▲
Trade receivables40€105k€121k▲
Other amounts receivable41€2k€272▼
Cash at bank and in hand54/58€43k€30k▼
Deferred charges and accrued income490/1€9k€3k▼
Equity and liabilities
Total equity and liabilities10/49€432k€404k▼
Equity10/15€376k€355k▼
Contributions10/11€12k€12k=
Reserves13€364k€343k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€48k€45k▼
Distributable reserves133€313k€297k▼
Provisions and deferred taxes16€16k€15k▼
Deferred taxes168€16k€15k▼
Amounts payable17/49€40k€34k▼
Amounts payable within one year42/48€40k€34k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€2k€55▼
Taxes450/3€2k€55▼
Other amounts payable47/48€36k€31k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k=
Other operating charges640/8€4k€4k▼
Gross operating margin9900€9k€7k▼
Operating profit (loss)9901€-18k€-20k▼
Financial income75/76B€162€287▲
Recurring financial income75€162€287▲
Financial charges65/66B€889€2k▲
Recurring financial charges65€889€2k▲
Profit (loss) for the period before taxes9903€-19k€-22k▼
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€388€150▼
Profit (loss) for the period9904€-18k€-21k▼
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€-14k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-17k▼
Transfer from equity791/2€14k€17k▲
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2k | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €26k | €25k | €23k | €23k | = |
| Other operating charges640/8 | €3k | €7k | €4k | €4k | €4k | ▼ 3.1% |
| Gross operating margin9900 | €78k | €48k | €51k | €9k | €7k | ▼ 19.1% |
| Operating profit (loss)9901 | €51k | €16k | €22k | €-18k | €-20k | ▼ 8.5% |
| Financial income75/76B | €0 | €1 | €2 | €162 | €287 | ▲ 77.6% |
| Recurring financial income75 | €0 | €1 | €2 | €162 | €287 | ▲ 77.6% |
| Financial charges65/66B | €2k | €2k | €2k | €889 | €2k | ▲ 123% |
| Recurring financial charges65 | €2k | €2k | €2k | €889 | €2k | ▲ 123% |
| Profit (loss) for the period before taxes9903 | €49k | €14k | €20k | €-19k | €-22k | ▼ 13.2% |
| Transfer from deferred taxes780 | €5k | €2k | €1k | €1k | €1k | = |
| Income taxes67/77 | €19k | €7k | €8k | €388 | €150 | ▼ 61.3% |
| Profit (loss) for the period9904 | €36k | €9k | €14k | €-18k | €-21k | ▼ 12.5% |
| Transfer from tax-exempt reserves789 | €15k | €5k | €4k | €4k | €4k | = |
| Profit (loss) for the period to be appropriated9905 | €51k | €14k | €17k | €-14k | €-17k | ▼ 15.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €484k | €470k | €454k | €432k | €404k | ▼ 6.6% |
| Fixed assets21/28 | €342k | €325k | €297k | €274k | €250k | ▼ 8.6% |
| Tangible fixed assets22/27 | €342k | €325k | €297k | €274k | €250k | ▼ 8.6% |
| Land and buildings22 | €328k | €314k | €294k | €271k | €249k | ▼ 8.2% |
| Plant, machinery and equipment23 | €6k | €5k | €4k | €2k | €940 | ▼ 58.9% |
| Furniture and vehicles24 | €8k | €6k | €0 | - | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €142k | €145k | €157k | €159k | €154k | ▼ 3.1% |
| Amounts receivable within one year40/41 | €99k | €97k | €107k | €107k | €121k | ▲ 13.5% |
| Trade receivables40 | €98k | €96k | €104k | €105k | €121k | ▲ 15.8% |
| Other amounts receivable41 | €323 | €323 | €3k | €2k | €272 | ▼ 88.4% |
| Cash at bank and in hand54/58 | €43k | €48k | €35k | €43k | €30k | ▼ 31.2% |
| Deferred charges and accrued income490/1 | €544 | €537 | €15k | €9k | €3k | ▼ 66.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €484k | €470k | €454k | €432k | €404k | ▼ 6.6% |
| Equity10/15 | €372k | €381k | €394k | €376k | €355k | ▼ 5.5% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €360k | €368k | €382k | €364k | €343k | ▼ 5.7% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €61k | €56k | €52k | €48k | €45k | ▼ 7.9% |
| Distributable reserves133 | €297k | €310k | €328k | €313k | €297k | ▼ 5.4% |
| Provisions and deferred taxes16 | €20k | €19k | €17k | €16k | €15k | ▼ 7.9% |
| Deferred taxes168 | €20k | €19k | €17k | €16k | €15k | ▼ 7.9% |
| Amounts payable17/49 | €92k | €70k | €42k | €40k | €34k | ▼ 16.1% |
| Amounts payable after more than one year17 | €31k | €14k | €0 | - | - | - |
| Financial debts170/4 | €31k | €14k | €0 | - | - | - |
| Amounts payable within one year42/48 | €61k | €57k | €42k | €40k | €34k | ▼ 16.1% |
| Current portion of amounts payable after more than one year42 | €18k | €18k | €14k | €0 | - | - |
| Trade debts44 | €13k | €4k | €3k | €2k | €3k | ▲ 28.3% |
| Suppliers440/4 | €13k | €4k | €3k | €2k | €3k | ▲ 28.3% |
| Taxes, remuneration and social security45 | €29k | €23k | €2k | €2k | €55 | ▼ 97.2% |
| Taxes450/3 | €29k | €20k | €2k | €2k | €55 | ▼ 97.2% |
| Remuneration and social security454/9 | - | €3k | €0 | - | - | - |
| Other amounts payable47/48 | €1k | €12k | €25k | €36k | €31k | ▼ 14.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €9k | €14k | €-18k | €-21k | ▼ 12.5% |
| + Depreciation and write-downs630 | €24k | €26k | €25k | €23k | €23k | = |
| Operating cash flow (approximation) | €59k | €34k | €38k | €5k | €3k | ▼ 44.4% |
| Investment in fixed assets (approximation) | - | €-8k | €3k | €0 | €0 | - |
| Change in cash | - | €5k | €-13k | €8k | €-13k | ▼ 266% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €36k ▲51.6%
Operating result €51k, net result €36k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 2.24
Current ratio from 0.98 to 2.24; short-term debt falls from €85k to €45k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Olen · 2 establishment units since 2000
Ground area
1,285 m²
Building footprint
714 m²
Volume, LiDAR
12,013 m³
2 parcels, Flanders · tallest building 27.4 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
Geraniumstraat 23, 2250 Olen
since 20002.099.309.137
RLS BVBA
since 20022.136.706.102
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029D0056/00V000 | Flanders | 729 m² | 1 · 141 m² | 8.1 m · 2 fl. |
| 35011B0180/00E093 | Flanders | 555 m² | 1 · 573 m² | 27.4 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 24,886 EUR awarded · 24,886 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 8,768 EUR | 8,768 EUR |
| 2024 | 1 | 8,387 EUR | 8,387 EUR |
| 2023 | 1 | 3,496 EUR | 3,496 EUR |
| 2022 | 1 | 4,235 EUR | 4,235 EUR |
Schemes
Individueel Maatwerk
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 13,248 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
Founded13-12-1999
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail
ronny.lodewijckx1@telenet.beOlen
Scores and ratios are computed by Checked and are not a credit decision.