Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RELUMCO from Kortrijk, company number BE0639982640, closed financial year 2025 with a result of € -44,615 after tax. For that financial year RELUMCO recorded a gross margin of € 1,704 and equity of € 46,753. Compared with financial year 2024, the result moved from € -40,903 to € -44,615. 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 April 10, 2026.
€ 46,753
▼ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -44,615
▼ 9 % more loss than in 2024
Profit after tax over the fiscal year.
€ 846
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 28,153.
People and assets in 2025
€ 24,744
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 227,824
▼ 11% vs 2024
€ 13,863 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 10,493
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,707
▲ 11% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 59,823 | € 70,007 | € 981 | € 1,704 | ▲ 74% |
| Profit after taxes | € 24,686 | € 30,826 | € -40,903 | € -44,615 | ▼ € 3,712 |
| Equity | € 101,445 | € 132,272 | € 91,368 | € 46,753 | ▼ 49% |
| Total debts | € 267,984 | € 264,042 | € 280,063 | € 255,904 | ▼ 9% |
| Cash | € 1 | € 51,928 | € 23,216 | € 846 | ▼ 96% |
| Land & buildings | € 211,380 | € 198,149 | € 184,918 | € 171,686 | ▼ 7% |
| Retained profit | € 82,845 | € 113,672 | € 72,768 | € 28,153 | ▼ 61% |
| Dividend | € 15,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 202,405 | € 220,408 | € 256,625 | € 227,824 | ▼ 11% |
| Balance sheet total | € 369,430 | € 396,314 | € 371,431 | € 302,657 | ▼ 19% |
Key figures of RELUMCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to RELUMCO?
What happened at RELUMCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 44,615. Source: NBB ↗
- Veerle Desloovere became a director. NBB
- Yantine Libbrecht became a director. NBB
- Geert Cocquyt became a director. NBB
- Corneel Cocquyt became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,686 profit in 2022 to € 44,615 loss in 2025.
Paid € 14,702 in corporate taxes since 2022.
Best year ever: 2023, with € 30,826 profit.
Paid out € 15,000 in dividends to the owners in total.
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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
Management
Behind RELUMCO are Veerle Desloovere, Yantine Libbrecht, Geert Cocquyt and Corneel Cocquyt.
Directors
According to the 2025 annual accounts
Veerle Desloovere
Director
since 2023
Yantine Libbrecht
Director
since 2023
Geert Cocquyt
Director
since 2023
Corneel Cocquyt
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Hendrik Dewildestraat(Bis) 36
8501 Kortrijk
Hendrik Dewildestraat(Bis) 34
8501 Kortrijk
Active since 7 October 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0639.982.640
- VAT number
- BE 0639.982.640
- Registered office
- Hendrik Dewildestraat(Bis) 36, 8501 Kortrijk
- Names & denominations
- RELUMCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2015
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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