Financials
Financial year 2025
RELIANCE from Olen, company number BE0707986568, closed financial year 2025 with a result of € 410,191 after tax. For that financial year RELIANCE recorded revenue of € 1.5 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 468,587 to € 410,191. 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 December 10, 2025.
€ 2.6 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 410,191
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 16,814
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.5 million.
People and assets in 2025
3
▲ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 336,718
▲ € 255,854 vs 2024
€ 112,200 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.
€ 117,534
▲ € 102,928 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 438,482
▼ 45% vs 2024
€ 213,482 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 151,491
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.
€ 51,323
▲ 252% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,038,097 | € 1,549,039 | ▲ 49% |
| Gross margin | € 104,436 | € 128,024 | - | - | |
| Profit after taxes | € 313,399 | € 439,809 | € 468,587 | € 410,191 | ▼ 12% |
| Equity | € 1,237,690 | € 1,677,499 | € 2,146,086 | € 2,556,277 | ▲ 19% |
| Total debts | € 982,465 | € 2,331,885 | € 2,281,684 | € 3,599,310 | ▲ 58% |
| Cash | € 20,874 | € 5,789 | € 77,958 | € 16,814 | ▼ 78% |
| Retained profit | € 1,219,090 | € 1,658,899 | € 2,127,486 | € 2,537,677 | ▲ 19% |
| Bank debt | € 617,731 | € 1,111,855 | € 792,326 | € 438,482 | ▼ 45% |
| Balance sheet total | € 2,220,155 | € 4,009,384 | € 4,427,770 | € 6,155,587 | ▲ 39% |
| Employees (FTE) | - | - | 1.5 | 3 | ▲ 1.5 |
Key figures of RELIANCE, 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 January 2027.
What happened to RELIANCE?
What happened at RELIANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 410,191 (▼ 12% vs 2024). Source: NBB ↗
- New establishment in Olen. KBO
- Start of the company according to the CBE. KBO
In short
From € 313,399 profit in 2022 to € 410,191 profit in 2025.
Paid € 79,652 in corporate taxes since 2022.
Best year ever: 2024, with € 468,587 profit.
Pays suppliers within 50 days on average.
Management
Behind RELIANCE are Kevin Janssens and Arne Van Gemert. It owns 100% of BRICA itself.
Directors
According to the 2025 annual accounts
Kevin Janssens
Director
Also active at: REGA INFRA, WEGEPLANT, G. & W., BRICA, LIEMA, M.S. LEASE, VAN HOOREBEECK J., KELICO +3 more
Arne Van Gemert
Director
Also active at: REGA INFRA, WEGEPLANT, G. & W., BRICA, LIEMA, M.S. LEASE, VAN HOOREBEECK J., HARTGERINK INVEST +3 more
Establishments
Establishment units
Physical locations of this company
Violetstraat 8
2250 Olen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0707.986.568
- VAT number
- BE 0707.986.568
- Registered office
- Violetstraat 8, 2250 Olen
- Names & denominations
- RELIANCE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 2018
- Peppol
- Active · Active since 2 Apr 2025
- Activities · NACE
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