Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 21.5 to 15.
Financials
Financial year 2025
Le Relais from Florenville, company number BE0435021937, closed financial year 2025 with a result of € 7,167 after tax. For that financial year Le Relais recorded a gross margin of € 785,530 and equity of € 586,814. Compared with financial year 2024, the result moved from € 59,423 to € 7,167. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2026.
€ 586,814
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,167
▼ 88% vs 2024
Profit after tax over the fiscal year.
€ 281,157
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 566,814.
People and assets in 2025
15
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 621,621
▼ 15% vs 2024
€ 41,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 106,091
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 244,437
▼ 22% vs 2024
€ 78,583 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 118,414
▲ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 82,422
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,001,309 | € 1,148,395 | € 961,412 | € 785,530 | ▼ 18% |
| Profit after taxes | € -35,353 | € -30,744 | € 59,423 | € 7,167 | ▼ 88% |
| Equity | € 550,967 | € 520,224 | € 579,646 | € 586,814 | ▲ 1% |
| Total debts | € 574,845 | € 530,462 | € 516,524 | € 462,821 | ▼ 10% |
| Cash | € 160,441 | € 238,087 | € 265,196 | € 281,157 | ▲ 6% |
| Land & buildings | € 112,445 | € 99,705 | € 86,966 | € 74,227 | ▼ 15% |
| Retained profit | € 530,967 | € 500,224 | € 559,646 | € 566,814 | ▲ 1% |
| Bank debt | € 375,000 | € 312,500 | € 312,443 | € 244,437 | ▼ 22% |
| Balance sheet total | € 1,125,812 | € 1,050,686 | € 1,096,170 | € 1,049,635 | ▼ 4% |
| Employees (FTE) | 20.2 | 21.5 | 17.4 | 15 | ▼ 2.4 |
Key figures of Le Relais, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Le Relais?
What happened at Le Relais in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,167 (▼ 88% vs 2024). filed late Source: NBB ↗
- NEW RELAIS became a director. NBB
- New establishment in Florenville. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,353 loss in 2022 to € 7,167 profit in 2025.
Paid € 33,521 in corporate taxes since 2022.
Best year ever: 2024, with € 59,423 profit.
On average € 52,400 of value added per employee in 2025.
Management
The stake of New Relais comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Le RelaisBehind Le Relais are PASCALE GILSON and NEW RELAIS. The shares are held by New Relais.
Directors
According to the 2025 annual accounts
PASCALE GILSON
Director
Director · represented by ARNAULD MUNAUT
since 2024
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Place Albert-Ier 52
6820 Florenville
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0435.021.937
- VAT number
- BE 0435.021.937
- Registered office
- Place Albert-Ier 52, 6820 Florenville
- Names & denominations
- Le Relais
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 1988
- Peppol
- Active · Active since 5 Dec 2025
- Contact
- relaisdesoliviers.be
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