Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RELY from Schilde, company number BE0679695628, closed financial year 2025 with a result of € -105,465 after tax. For that financial year RELY recorded a gross margin of € 145,056 and equity of € 13.5 million. Compared with financial year 2024, the result moved from € -16,958 to € -105,465. The company made a loss. 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 August 3, 2026.
€ 13.5 million
▲ 63% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -105,465
▼ 522 % more loss than in 2024
Profit after tax over the fiscal year.
€ 25,682
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -405,330.
People and assets in 2025
1.6
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 103,334
▲ 23% vs 2024
€ 64,600 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.
€ 551,029
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.1 million
▼ 1% vs 2024
€ 52,889 is repaid this year. At this pace the long-term loan is gone in ≈ 97 years.
€ 30,086
▲ 115% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,799
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 252,378 | € 94,376 | € 220,347 | € 145,056 | ▼ 34% |
| Profit after taxes | € 17,297 | € -151,741 | € -16,958 | € -105,465 | ▼ € 88,507 |
| Equity | € 8,469,835 | € 8,318,094 | € 8,301,135 | € 13,528,218 | ▲ 63% |
| Total debts | € 7,822,841 | € 6,180,363 | € 6,241,823 | € 7,265,878 | ▲ 16% |
| Cash | € 24,315 | € 21,950 | € 61,414 | € 25,682 | ▼ 58% |
| Land & buildings | € 3,147,742 | € 3,080,999 | € 3,026,315 | € 7,408,027 | ▲ 145% |
| Retained profit | € -131,165 | € -282,906 | € -299,865 | € -405,330 | ▼ € 105,465 |
| Bank debt | € 7,406,423 | € 5,209,583 | € 5,158,746 | € 5,106,893 | ▼ 1% |
| Balance sheet total | € 16,292,676 | € 14,498,457 | € 14,542,959 | € 20,794,096 | ▲ 43% |
| Employees (FTE) | 1.4 | 1.4 | 1.4 | 1.6 | ▲ 0.2 |
Key figures of RELY, 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 RELY?
What happened at RELY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 105,465. filed late Source: NBB ↗
- Brent Van Doorslaer became a director. NBB
- Inge Geerinckx became a director. NBB
- New establishment in Schilde. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,297 profit in 2022 to € 105,465 loss in 2025.
Paid € 2,854 in corporate taxes since 2022.
Best year ever: 2022, with € 17,297 profit.
On average € 90,700 of value added per employee in 2025.
Management
Behind RELY are Brent Van Doorslaer and Inge Geerinckx. It owns 100% of L'Hermitage, 100% of GM Real Estate and 100% of HomePro itself.
Directors
According to the 2025 annual accounts
since 2019
since 2019
Establishments
Establishment units
Physical locations of this company
Sint Jobsteenweg 21B
2970 Schilde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0679.695.628
- VAT number
- BE 0679.695.628
- Registered office
- Sint Jobsteenweg 21B, 2970 Schilde
- Names & denominations
- RELY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 August 2017
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Organisatie van congressen en beurzen
Handel in eigen onroerend goed
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