What does RELEASE do?

RELEASE is a logistics company in Sint-Niklaas. Private Limited, started on 31 December 1999, 1 establishment.

What is the address of RELEASE?

The registered office of RELEASE is located at Prins Karelstraat 23, 9100 Sint-Niklaas.

Is RELEASE still active?

Yes. According to the CBE (30 September 2026) RELEASE is active, legal situation “Normale toestand”, started on 31 December 1999.

Is RELEASE registered on Peppol?

Yes, RELEASE is registered on the Peppol network with ID 0208:0469194245.

What is the enterprise number of RELEASE?

The enterprise number of RELEASE is BE0469194245.

When was RELEASE founded?

RELEASE was founded on 31 December 1999.

Who are the directors of RELEASE?

According to the 2025 annual accounts, the directors of RELEASE are: Els Spandel.

Is RELEASE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 December 1999; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did RELEASE make in 2025?

RELEASE recorded a loss after taxes of € 5,341 in financial year 2025.

What is the revenue of RELEASE?

As a small company, RELEASE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 17,480.

RELEASE (Private Limited) - Sint-Niklaas - BE0469194245

Dossier RELEASE, printed on 30 September 2026 from databakkes.be/en/0469194245/release. 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.

Negative equity NBB

More debt than assets in 2 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

RELEASE from Sint-Niklaas, company number BE0469194245, closed financial year 2025 with a result of € -5,341 after tax. For that financial year RELEASE recorded a gross margin of € 17,480 and equity of € -17,285. Compared with financial year 2024, the result moved from € -22,706 to € -5,341. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Caution

€ -17,285

▼ € 5,341 vs 2024

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

Loss Caution

€ -5,341

▲ 76 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 76

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 € -23,485.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 2,593

▼ 22% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 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.

€ 78,356

▼ 19% vs 2024

€ 15,884 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 5,001

▲ 139% vs 2024

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

Taxes

€ 112

▲ € 111 vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 22,654 Gross margin 2022: € 22,654 First fiscal year in the series	€ 23,874 Gross margin 2023: € 23,874 ▲ 5% vs 2022 (€ 22,654) Favourable step	€ 1,285 Gross margin 2024: € 1,285 ▼ 95% vs 2023 (€ 23,874) Unfavourable step	€ 17,480 Gross margin 2025: € 17,480 ▲ € 16,195 vs 2024 (€ 1,285) Favourable step	▲ € 16,195
Profit after taxes	€ 3,105 Profit after taxes 2022: € 3,105 First fiscal year in the series	€ 117 Profit after taxes 2023: € 117 ▼ 96% vs 2022 (€ 3,105) Unfavourable step	€ -22,706 Profit after taxes 2024: € -22,706 ▼ € 22,823 vs 2023 (€ 117) Unfavourable step	€ -5,341 Profit after taxes 2025: € -5,341 ▲ € 17,364 vs 2024 (€ -22,706) Favourable step	▲ € 17,364
Equity	€ 10,645 Equity 2022: € 10,645 First fiscal year in the series	€ 10,762 Equity 2023: € 10,762 ▲ 1% vs 2022 (€ 10,645) Favourable step	€ -11,944 Equity 2024: € -11,944 ▼ € 22,706 vs 2023 (€ 10,762) Unfavourable step	€ -17,285 Equity 2025: € -17,285 ▼ € 5,341 vs 2024 (€ -11,944) Unfavourable step	▼ € 5,341
Total debts	€ 136,481 Total debts 2022: € 136,481 First fiscal year in the series	€ 130,246 Total debts 2023: € 130,246 ▼ 5% vs 2022 (€ 136,481) Favourable step	€ 144,181 Total debts 2024: € 144,181 ▲ 11% vs 2023 (€ 130,246) Unfavourable step	€ 135,166 Total debts 2025: € 135,166 ▼ 6% vs 2024 (€ 144,181) Favourable step	▼ 6%
Cash	€ 380 Cash 2022: € 380 First fiscal year in the series	€ 4,193 Cash 2023: € 4,193 ▲ € 3,813 vs 2022 (€ 380) Favourable step	-	€ 76 Cash 2025: € 76 First fiscal year in the series
Land & buildings	€ 135,902 Land & buildings 2022: € 135,902 First fiscal year in the series	€ 124,179 Land & buildings 2023: € 124,179 ▼ 9% vs 2022 (€ 135,902) Unchanged	€ 109,840 Land & buildings 2024: € 109,840 ▼ 12% vs 2023 (€ 124,179) Unchanged	€ 98,387 Land & buildings 2025: € 98,387 ▼ 10% vs 2024 (€ 109,840) Unchanged	▼ 10%
Retained profit	€ 4,445 Retained profit 2022: € 4,445 First fiscal year in the series	€ 4,563 Retained profit 2023: € 4,563 ▲ 3% vs 2022 (€ 4,445) Favourable step	€ -18,143 Retained profit 2024: € -18,143 ▼ € 22,706 vs 2023 (€ 4,563) Unfavourable step	€ -23,485 Retained profit 2025: € -23,485 ▼ € 5,341 vs 2024 (€ -18,143) Unfavourable step	▼ € 5,341
Bank debt	€ 124,362 Bank debt 2022: € 124,362 First fiscal year in the series	€ 111,094 Bank debt 2023: € 111,094 ▼ 11% vs 2022 (€ 124,362) Favourable step	€ 96,331 Bank debt 2024: € 96,331 ▼ 13% vs 2023 (€ 111,094) Favourable step	€ 78,356 Bank debt 2025: € 78,356 ▼ 19% vs 2024 (€ 96,331) Favourable step	▼ 19%
Balance sheet total	€ 147,126 Balance sheet total 2022: € 147,126 First fiscal year in the series	€ 141,008 Balance sheet total 2023: € 141,008 ▼ 4% vs 2022 (€ 147,126) Unchanged	€ 132,237 Balance sheet total 2024: € 132,237 ▼ 6% vs 2023 (€ 141,008) Unchanged	€ 117,880 Balance sheet total 2025: € 117,880 ▼ 11% vs 2024 (€ 132,237) Unchanged	▼ 11%

Key figures of RELEASE, 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 RELEASE?

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

Aug 31, 2026 New annual accounts for financial year 2025: loss of € 5,341. filed late Source: NBB ↗
Mar 23, 2000 New establishment in Sint-Niklaas. KBO
Dec 31, 1999 Start of the company according to the CBE. KBO

In short

From € 3,105 profit in 2022 to € 5,341 loss in 2025.

Paid € 2,769 in corporate taxes since 2022.

Best year ever: 2022, with € 3,105 profit.

Original PDFs at the National Bank ↗

A new publication or filing at RELEASE? We notify you, reason included.

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My folder 3 companies

De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit

Real filings at the National Bank

Management

Els Spandel

RELEASE

Behind RELEASE is Els Spandel.

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Directors

According to the 2025 annual accounts

Els Spandel

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Prins Karelstraat 23

9100 Sint-Niklaas

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

Details

Company number

0469.194.245

VAT number

BE 0469.194.245

Registered office

Prins Karelstraat 23, 9100 Sint-Niklaas

Names & denominations

RELEASE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

31 December 1999

Peppol

Active · Active since 10 Dec 2025

Activities · NACE

Apothekers

Detailhandel in dranken in gespecialiseerde winkels, algemeen assortiment

Detailhandel in farmaceutische producten

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Detailhandel in dranken, algemeen assortiment

Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen

Cafés en bars

Detailhandel in medische en orthopedische artikelen

View on CBE Public ↗ Annual accounts (NBB) ↗

RELEASE

Warning lights

Financials

What happened to RELEASE?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions