Financials
Financial year 2025
RELLMAN FOODS from Waterloo, company number BE0446737260, closed financial year 2025 with a result of € 88,038 after tax. For that financial year RELLMAN FOODS recorded revenue of € 44.1 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 94,870 to € 88,038. 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 July 3, 2026.
€ 1.9 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 88,038
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 168,196
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
5.2
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 359,493
▼ 5% vs 2024
€ 69,100 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.
€ 4,544
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 45,878
▼ 47% vs 2024
€ 29,948 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.7 million
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 23 days on average.
€ 62,862
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 34,666,438 | € 39,413,298 | € 38,693,860 | € 44,132,915 | ▲ 14% |
| Profit after taxes | € 79,557 | € 276,828 | € 94,870 | € 88,038 | ▼ 7% |
| Equity | € 1,538,078 | € 1,650,621 | € 1,713,744 | € 1,901,783 | ▲ 11% |
| Total debts | € 4,110,713 | € 2,750,390 | € 3,091,803 | € 2,853,392 | ▼ 8% |
| Cash | € 125,326 | € 48,233 | € 223,286 | € 168,196 | ▼ 25% |
| Land & buildings | € 221,800 | € 195,960 | € 170,119 | € 144,278 | ▼ 15% |
| Retained profit | € 918,078 | € 1,030,621 | € 1,093,744 | € 1,081,783 | ▼ 1% |
| Dividend | € 0 | € 164,286 | € 31,746 | € 100,000 | ▲ 215% |
| Bank debt | € 1,667,527 | € 222,765 | € 86,169 | € 45,878 | ▼ 47% |
| Balance sheet total | € 5,671,980 | € 4,421,498 | € 4,805,547 | € 4,755,174 | ▼ 1% |
| Employees (FTE) | 5.2 | 4.6 | 5.1 | 5.2 | ▲ 0.1 |
Key figures of RELLMAN FOODS, 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 RELLMAN FOODS?
What happened at RELLMAN FOODS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Eduardo RIOS CENTENO stepped down as director. NBB
- ACHAZAM SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 88,038 (▼ 7% vs 2024). Source: NBB ↗
- Eduardo RIOS CENTENO became a director. NBB
- ACHAZAM SRL became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 79,557 profit in 2022 to € 88,038 profit in 2025.
Paid € 102,848 in corporate taxes since 2022.
Best year ever: 2023, with € 276,828 profit.
Paid out € 296,032 in dividends to the owners in total.
Management
The shares are held by ACHAZAM SRL (100%). It owns 100% of RELLMAN FOODS UK LTD and 60% of RELLMAN FOODS SPAIN SL itself.
Directors
According to the 2025 annual accounts
Eduardo RIOS CENTENO
Chairman of the board
since 2025 · until 2031
Managing director · represented by FEDERICO RIOS CENTENO
since 2025 · until 2031
Shareholders
100%
Participations
100%
RELLMAN FOODS SPAIN SL
60%
Establishments
Establishment units
Physical locations of this company
Avenue Prince Charles 4
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
ARCADIZ, BE
DNS
OVH DNS
Domain
Domain
rellmanfoods.com
Registered
2001-12-19
Registrar
OVH sas
Expires
2026-12-19
Website info
Features
Security
Details
- Company number
- 0446.737.260
- VAT number
- BE 0446.737.260
- Registered office
- Avenue Prince Charles 4, 1410 Waterloo
- Names & denominations
- RELLMAN FOODS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 1992
- Peppol
- Active · Active since 2 Oct 2026
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