RLZ
ActiveSummary
RLZ has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €130k and a net result of €-6k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 66% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability16▼-82
Solvency76▲+8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.03 against 1.75 in 2023; short-term debt: 49.1% and cash: 7.6% of total assets), and 49.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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 2024Solvency, return and age of the figures
Solvency
50.9%
Return on assets
-2.3%
Age of the figures
21 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
4 d late
2022
6 d late
2021
18 d late
2020
20 d late
2019
23 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€130k▼ 4.3%
2023 · €135k
2018: €44k
2019: €70k
2020: €84k
2021: €28k
2022: €61k
2023: €135k
2018 → 2024
Total assets
€254k▼ 19.3%
2023 · €315k
2018: €307k
2019: €231k
2020: €243k
2021: €230k
2022: €209k
2023: €315k
2018 → 2024
Net result
€-6k
2023 · €74k
2018: €23k
2019: €26k
2020: €14k
2021: €-56k
2022: €33k
2023: €74k
2018 → 2024
Working capital
€129k▼ 4.1%
2023 · €134k
2018: €24k
2019: €60k
2020: €84k
2021: €28k
2022: €61k
2023: €134k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€84k-€28k▼ 66.9%€61k▲ 120%€135k▲ 122%€130k▼ 4.3%
Operating result€19k-€-55k€36k€107k▲ 202%€-20k
Net result€14k-€-56k€33k€74k▲ 123%€-6k
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 2024: a loss of €20k after €107k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €254k
Fixed assets
€733 ▼ 37.0%
Current assets
€254k ▼ 19.2%
Equity and liabilities €254k
Equity
€130k ▼ 4.3%
Debt
€125k ▼ 30.6%
Debt's share of the balance-sheet total falls from 57.0% to 49.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-20k▼
2023 · €108k
Cash flow
€-5k▼
2023 · €74k
Current ratio
2.03▲
2023 · 1.75
Quick ratio
0.50▼
2023 · 0.70
Debt to equity
0.96▼
2023 · 1.33
ROE
-4.5%▼
2023 · 54.9%
ROA
-2.3%▼
2023 · 23.6%
Interest coverage
-75.14▼
2023 · 48.51
Debt ≤ 1 year
€125k▼
2023 · €180k
Income taxes
€-4k▼
2023 · €32k
Staff costs
€28k▲
2023 · €11k
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€315k€254k▼
Fixed assets21/28€1k€733▼
Tangible fixed assets22/27€1k€733▼
Furniture and vehicles24€1k€733▼
Current assets29/58€314k€254k▼
Stocks and contracts in progress3€189k€192k▲
Stocks30/36€189k€192k▲
Amounts receivable within one year40/41€116k€37k▼
Trade receivables40€99k€9k▼
Other amounts receivable41€17k€28k▲
Cash at bank and in hand54/58€9k€19k▲
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€315k€254k▼
Equity10/15€135k€130k▼
Contributions10/11€6k€6k=
Reserves13€129k€129k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€127k€127k=
Profit (loss) carried forward14-€-6k
Amounts payable17/49€180k€125k▼
Amounts payable within one year42/48€180k€125k▼
Trade debts44€130k€82k▼
Suppliers440/4€130k€82k▼
Taxes, remuneration and social security45€27k€333▼
Taxes450/3€27k€333▼
Other amounts payable47/48€22k€43k▲
Income statement
Code20232024
Remuneration, social security and pensions62€11k€28k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€127€430▲
Other operating charges640/8€337€326▼
Gross operating margin9900€119k€9k▼
Operating profit (loss)9901€107k€-20k▼
Financial income75/76B€1k€11k▲
Recurring financial income75€1k€11k▲
Non-recurring financial income76B€1k€11k▲
Financial charges65/66B€2k€264▼
Recurring financial charges65€2k€264▼
Profit (loss) for the period before taxes9903€107k€-9k▼
Income taxes67/77€32k€-4k▼
Profit (loss) for the period9904€74k€-6k▼
Profit (loss) for the period to be appropriated9905€74k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€-6k▼
Transfer to equity691/2€74k-
To other reserves6921€74k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
04-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 4 days late
2023
31-12
Financial
Highest result since 2018net €74k ▲123%
Operating result €107k, net result €74k, both a record.
31-12
Financial
Equity above €100kEq €135k ▲122%
2 profitable years in a row build equity to €135k.
06-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 6 days late
2022
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Weakest financial yearnet €-56k ▼513%
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
23-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 23 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 72 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bilzen-Hoeselt · 1 establishment unit since 2012
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.
Baanhofstraat 143740 Bilzen-HoeseltGround area
815 m²
Building footprint
110 m²
Volume, LiDAR
593 m³
Parcel 73037A0425/00C000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Baanhofstraat 14, 3740 Bilzen-Hoeselt
since 20122.238.362.595
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73037A0425/00C000 | Flanders | 815 m² | 1 · 110 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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RIBAUCOURT SPORT
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Sporta De Waele
BE 0861.422.950
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SPORTSIDE.BE
BE 0845.700.636
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Of 1,314 companies in sector 47639 we hold annual accounts for 624. 507 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-06-2012
Fiscal year end31-12
Activities, NACEBEL 2025
01430Raising of horses and other equines
47639Retail sale of other sporting goods
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.