Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
RELU from Leuven, company number BE0735997002, closed financial year 2025 with a result of € 104,162 after tax. For that financial year RELU recorded a gross margin of € 1.2 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € -236,583 to € 104,162. Profitable, and profit is growing. 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 May 12, 2026.
€ 2.5 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 104,162
▲ still € 236,583 loss in 2024
Profit after tax over the fiscal year.
€ 181,095
▲ 144% 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 € -23,161.
People and assets in 2025
10.1
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 658,590
▲ 19% vs 2024
€ 65,200 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.
€ 22,162
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 748,482
▲ 105% vs 2024
€ 174,327 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 85,999
▲ 115% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 99,921
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 578,649 | € 824,625 | € 713,349 | € 1,195,749 | ▲ 68% |
| Profit after taxes | € 733 | € 13,441 | € -236,583 | € 104,162 | ▲ € 340,745 |
| Equity | € 103,820 | € 2,284,325 | € 2,047,741 | € 2,484,431 | ▲ 21% |
| Total debts | € 841,927 | € 708,780 | € 831,640 | € 1,153,903 | ▲ 39% |
| Cash | € 163,823 | € 79,537 | € 74,209 | € 181,095 | ▲ 144% |
| Retained profit | € 95,820 | € 109,261 | € -127,323 | € -23,161 | ▲ € 104,162 |
| Bank debt | € 707,435 | € 485,417 | € 365,053 | € 748,482 | ▲ 105% |
| Balance sheet total | € 945,747 | € 2,993,104 | € 2,879,381 | € 3,638,334 | ▲ 26% |
| Employees (FTE) | - | 9.1 | 8.5 | 10.1 | ▲ 1.6 |
Key figures of RELU, 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 RELU?
What happened at RELU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 104,162. Source: NBB ↗
- RATIONAL BUILDER became a director. NBB
- ABOVE AVG became a director. NBB
- COAN BV became a director. NBB
- BEBTTR became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 733 profit in 2022 to € 104,162 profit in 2025.
Paid € 26 in corporate taxes since 2022.
Best year ever: 2025, with € 104,162 profit.
On average € 118,400 of value added per employee in 2025.
A new publication or filing at RELU? We notify you, reason included.
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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 RELU are Philip Toh, RATIONAL BUILDER, Bindusaran Arunachalam, ABOVE AVG, COAN BV and BEBTTR.
Directors
According to the 2025 annual accounts
Philip Toh
Director
Director · represented by Holger Willems
since 2024
Bindusaran Arunachalam
Director
Director · represented by Adriaan Van Gerven
since 2024
Director · represented by Antoine Coppens
since 2024
Director · represented by Thomas Beznik
since 2024
Establishments
Establishment units
Physical locations of this company
Kolonel Begaultlaan 1A box 51
3012 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →Cypres
€ 652,732 gross margin · 2025
BELGISCHE CONFEDERATIE VAN DE ZUIVELINDUSTRIE - CONFEDERATION BELGE DE L'INDUSTRIE LAITIERE
€ 755,231 gross margin · 2025
CYPRES DIGITAL MEDIA
€ -111 gross margin · 2025
ALIVIRA
€ 5 million gross margin · 2025
MediaNot
€ 5.1 million revenue · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Google Workspace
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
DNS
NS1
Domain
Domain
relu.eu
Registrar
GoDaddy.com, LLC
Website info
Features
Security
Details
- Company number
- 0735.997.002
- VAT number
- BE 0735.997.002
- Registered office
- Kolonel Begaultlaan 1A bus 51, 3012 Leuven
- Names & denominations
- RELU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 2019
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- relu.ai [email protected]
- Activities · NACE
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