RELION is a property company in Tielt. Public Limited, started on 21 June 1991, 1 establishment.

What is the address of RELION?

The registered office of RELION is located at Ingelmunstersteenweg 23, 8760 Tielt.

Is RELION still active?

Yes. According to the CBE (29 October 2026) RELION is active, legal situation “Normale toestand”, started on 21 June 1991.

Is RELION registered on Peppol?

Yes, RELION is registered on the Peppol network with ID 0208:0444501510.

What is the enterprise number of RELION?

The enterprise number of RELION is BE0444501510.

When was RELION founded?

RELION was founded on 21 June 1991.

Who are the directors of RELION?

According to the 2025 annual accounts, the directors of RELION are: Katelijn Dubaere, Relion Develop BV, Bieke Casteleyn.

Is RELION a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 June 1991; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did RELION make in 2025?

RELION recorded a loss after taxes of € 116,501 in financial year 2025.

What is the revenue of RELION?

As a small company, RELION is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 930,855.

How many employees does RELION have?

According to the 2025 annual accounts, RELION has 0 full-time equivalents (FTE).

RELION (Public Limited) - Tielt - BE0444501510

Dossier RELION, printed on 29 October 2026 from databakkes.be/en/0444501510/relion. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

RELION from Tielt, company number BE0444501510, closed financial year 2025 with a result of € -116,501 after tax. For that financial year RELION recorded a gross margin of € 930,855 and equity of € 4.9 million. Compared with financial year 2024, the result moved from € 104,180 to € -116,501. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 19, 2025.

What it is worth Healthy

€ 4.9 million

▼ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -116,501

▼ still € 104,180 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 414,946

▼ 63% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 3.8 million.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 5.3 million

▼ 6% vs 2024

€ 667,216 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 443,085

▲ € 373,959 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 11,009

▼ 38% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 701,097 Gross margin 2022: € 701,097 First fiscal year in the series	€ 960,418 Gross margin 2023: € 960,418 ▲ 37% vs 2022 (€ 701,097) Favourable step	€ 1,699,441 Gross margin 2024: € 1,699,441 ▲ 77% vs 2023 (€ 960,418) Favourable step	€ 930,855 Gross margin 2025: € 930,855 ▼ 45% vs 2024 (€ 1,699,441) Unfavourable step	▼ 45%
Profit after taxes	€ 119,206 Profit after taxes 2022: € 119,206 First fiscal year in the series	€ -246,632 Profit after taxes 2023: € -246,632 ▼ € 365,838 vs 2022 (€ 119,206) Unfavourable step	€ 104,180 Profit after taxes 2024: € 104,180 ▲ € 350,812 vs 2023 (€ -246,632) Favourable step	€ -116,501 Profit after taxes 2025: € -116,501 ▼ € 220,681 vs 2024 (€ 104,180) Unfavourable step	▼ € 220,681
Equity	€ 1,860,968 Equity 2022: € 1,860,968 First fiscal year in the series	€ 4,946,089 Equity 2023: € 4,946,089 ▲ 166% vs 2022 (€ 1,860,968) Favourable step	€ 5,050,269 Equity 2024: € 5,050,269 ▲ 2% vs 2023 (€ 4,946,089) Favourable step	€ 4,933,767 Equity 2025: € 4,933,767 ▼ 2% vs 2024 (€ 5,050,269) Unfavourable step	▼ 2%
Total debts	€ 4,267,165 Total debts 2022: € 4,267,165 First fiscal year in the series	€ 10,304,290 Total debts 2023: € 10,304,290 ▲ 141% vs 2022 (€ 4,267,165) Unfavourable step	€ 10,772,351 Total debts 2024: € 10,772,351 ▲ 5% vs 2023 (€ 10,304,290) Unfavourable step	€ 10,991,322 Total debts 2025: € 10,991,322 ▲ 2% vs 2024 (€ 10,772,351) Unfavourable step	▲ 2%
Cash	€ 1,507,468 Cash 2022: € 1,507,468 First fiscal year in the series	€ 990,558 Cash 2023: € 990,558 ▼ 34% vs 2022 (€ 1,507,468) Unfavourable step	€ 1,130,119 Cash 2024: € 1,130,119 ▲ 14% vs 2023 (€ 990,558) Favourable step	€ 414,946 Cash 2025: € 414,946 ▼ 63% vs 2024 (€ 1,130,119) Unfavourable step	▼ 63%
Land & buildings	€ 2,743,354 Land & buildings 2022: € 2,743,354 First fiscal year in the series	€ 12,640,765 Land & buildings 2023: € 12,640,765 ▲ € 9.9 million vs 2022 (€ 2,743,354) Unchanged	€ 12,039,376 Land & buildings 2024: € 12,039,376 ▼ 5% vs 2023 (€ 12,640,765) Unchanged	€ 11,993,802 Land & buildings 2025: € 11,993,802 Unchanged (€ 12,039,376) Unchanged
Retained profit	€ 1,632,685 Retained profit 2022: € 1,632,685 First fiscal year in the series	€ 3,820,575 Retained profit 2023: € 3,820,575 ▲ 134% vs 2022 (€ 1,632,685) Favourable step	€ 3,924,755 Retained profit 2024: € 3,924,755 ▲ 3% vs 2023 (€ 3,820,575) Favourable step	€ 3,808,254 Retained profit 2025: € 3,808,254 ▼ 3% vs 2024 (€ 3,924,755) Unfavourable step	▼ 3%
Dividend	€ 525,000 Dividend 2022: € 525,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 525,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 561,558 Bank debt 2022: € 561,558 First fiscal year in the series	€ 5,835,596 Bank debt 2023: € 5,835,596 ▲ € 5.3 million vs 2022 (€ 561,558) Unfavourable step	€ 5,668,309 Bank debt 2024: € 5,668,309 ▼ 3% vs 2023 (€ 5,835,596) Favourable step	€ 5,307,445 Bank debt 2025: € 5,307,445 ▼ 6% vs 2024 (€ 5,668,309) Favourable step	▼ 6%
Balance sheet total	€ 6,432,721 Balance sheet total 2022: € 6,432,721 First fiscal year in the series	€ 16,224,529 Balance sheet total 2023: € 16,224,529 ▲ 152% vs 2022 (€ 6,432,721) Unchanged	€ 16,740,892 Balance sheet total 2024: € 16,740,892 ▲ 3% vs 2023 (€ 16,224,529) Unchanged	€ 16,758,798 Balance sheet total 2025: € 16,758,798 Unchanged (€ 16,740,892) Unchanged

Key figures of RELION, 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 December 2026.

What happened to RELION?

What happened at RELION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Katelijn Dubaere stepped down as director. NBB
2028 Relion Develop BV stepped down as director. NBB
2028 Bieke Casteleyn stepped down as director. NBB
Dec 19, 2025 New annual accounts for financial year 2025: loss of € 116,501 (▼ € 220,681 vs 2024). Source: NBB ↗
2022 Katelijn Dubaere became a director. NBB
2022 Relion Develop BV became a director. NBB
2022 Bieke Casteleyn became a director. NBB
Oct 3, 1991 New establishment in Tielt. KBO

In short

From € 119,206 profit in 2022 to € 116,501 loss in 2025.

Paid € 196,065 in corporate taxes since 2022.

Best year ever: 2022, with € 119,206 profit.

Paid out € 525,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

4C-Group 100%

The stake of 4C-Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

RELION

Tuk Tuk 100%

Assebroek Construct 100%

Koksijde Construct 75%

TR 11 50%

The shares are held by 4C-Group (100%). It owns 100% of Tuk Tuk, 100% of Assebroek Construct, 75% of Koksijde Construct, 50% of TR 11 and 50% of WG 625 itself.

Directors

According to the 2025 annual accounts

Katelijn Dubaere

Managing director

Also active at: TUK TUK, FIRMA DUBAERE - VANDEN AVENNE, DUBACO, NORINVEST, 4C-Group, TORH, RELION DEVELOP, ASSEBROEK CONSTRUCT

since 2022 · until 2028

Relion Develop BV

Managing director · represented by Anton CASTELEYN

Also active at: TUK TUK

since 2022 · until 2028

Bieke Casteleyn

Director

Also active at: BIBI

since 2022 · until 2028

Shareholders

4C-Group

100%

Participations

100%

100%

75%

50%

50%

Establishments

Establishment units

Physical locations of this company

Registered office

Ingelmunstersteenweg 23

8760 Tielt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.

All companies at this address →

TUK TUK same network

€ 7,507 gross margin · 2025

4C-Group same network

€ 119,988 gross margin · 2025

WG 625 same network

€ 112,333 gross margin · 2025

TORH same network

€ 279,071 gross margin · 2025

BM BANT

+3 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0444.501.510

VAT number

BE 0444.501.510

Registered office

Ingelmunstersteenweg 23, 8760 Tielt

Names & denominations

RELION

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

21 June 1991

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

RELION

Warning lights

Financials

What happened to RELION?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions