Financials
Financial year 2025
RLST from Brussel, company number BE0744809649, closed financial year 2025 with a result of € 96,960 after tax. For that financial year RLST recorded revenue of € 883,354 and equity of € 5.4 million. Compared with financial year 2024, the result moved from € 244,483 to € 96,960. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 5.4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 96,960
▼ 60% vs 2024
Profit after tax over the fiscal year.
€ 495,941
▲ 48% 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 € 3.9 million.
Debts at end 2025
€ 27.9 million
▲ 237% vs 2024
€ 2.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 124,238
▲ 200% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 763,596 | € 844,778 | € 854,200 | € 883,354 | ▲ 3% |
| Profit after taxes | € 256,350 | € 255,947 | € 244,483 | € 96,960 | ▼ 60% |
| Equity | € 4,836,626 | € 5,092,573 | € 5,337,056 | € 5,434,016 | ▲ 2% |
| Total debts | € 9,520,137 | € 8,840,768 | € 8,396,237 | € 28,579,415 | ▲ 240% |
| Cash | € 739,145 | € 394,031 | € 334,701 | € 495,941 | ▲ 48% |
| Land & buildings | € 9,825,809 | € 9,678,048 | € 9,530,286 | € 9,408,137 | ▼ 1% |
| Retained profit | € 3,314,188 | € 3,570,135 | € 3,814,618 | € 3,911,578 | ▲ 3% |
| Bank debt | € 9,155,520 | € 8,665,240 | € 8,281,060 | € 27,896,880 | ▲ 237% |
| Balance sheet total | € 14,356,763 | € 13,933,342 | € 13,733,293 | € 34,013,431 | ▲ 148% |
Key figures of RLST, 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 RLST?
What happened at RLST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bart DE LAERE stepped down as director. NBB
- Luc HOPPENBROUWERS stepped down as director. NBB
- Johan VAN WASSENHOVE stepped down as director. NBB
- CONSOLID BV stepped down as director. NBB
- Geert DHONT stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 96,960 (▼ 60% vs 2024). Source: NBB ↗
- Bart DE LAERE became a director. NBB
- Luc HOPPENBROUWERS became a director. NBB
In short
From € 256,350 profit in 2022 to € 96,960 profit in 2025.
Paid € 278,209 in corporate taxes since 2022.
Best year ever: 2022, with € 256,350 profit.
Pays suppliers within 82 days on average.
A new publication or filing at RLST? 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
The stake of NV ARAMIS PARTICIPATIES, COFINCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RLSTThe shares are held by NV ARAMIS PARTICIPATIES (21.5%) and COFINCO (2.2%). It owns 100% of FOREMOST IMMO itself.
Directors
According to the 2025 annual accounts
Bart DE LAERE
Director
Also active at: DENYS GLOBAL, Building Bridges, FOREMOST IMMO, Metis I Poperinge, Metis I Maldegem, Metis I Wingene, Denys Group
since 2025 · until 2031
since 2025 · until 2031
Johan VAN WASSENHOVE
Managing director
Also active at: Denys, DENYS GLOBAL, DENYS SUPPORT, LIVAN MAINTENANCE, MONTEFIORE DEVELOPMENT, LES ANCIENS THERMES, FOREMOST IMMO, Dreamvision +6 more
since 2025 · until 2031
since 2024 · until 2025
since 2024 · until 2025
Director · represented by Dries MOENS
Also active at: CUBX Properties, RXW Group, ACTIVIOR, PremiumStock, DMD Real Estate, Advantage Real Estate, APR Pharma, FINVET +4 more
since 2025 · until 2031
Chairman of the board · represented by Michel VAN HECKE
Also active at: Algemene Electrische Ondernemingen Kamiel Verstraete en Zoon, Denys, DENYS GLOBAL, FOREMOST IMMO, SOCEA
since 2024 · until 2025
Geert DHONT
Director
Also active at: Denys, DENYS GLOBAL, DENYS SUPPORT, LIVAN MAINTENANCE, Hamaco, G-ausa-R, FOREMOST IMMO, Denys Group
since 2025 · until 2031
Shareholders
21.5%
2.2%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Van Orleystraat 15
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Continentale Bank
DENYS GLOBAL same network
€ 3.3 million revenue · 2025
CAFASSO
€ 19.2 million revenue · 2025
Consortium DENYS GLOBAL - RLST
FOREMOST IMMO same network
€ 2.7 million revenue · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0744.809.649
- VAT number
- BE 0744.809.649
- Registered office
- Van Orleystraat 15, 1000 Brussel
- Names & denominations
- RLST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2020
- Peppol
- Active · Active since 18 Jun 2025