ACTIVE

RELION

Financial year 2025 · closed on 31/05/2025
Net result
-116,5 k €
-211.8% YoY
Gross margin
930,9 k €
-45.2% YoY
Equity
4,9 M €
-2.3% YoY
Workforce
0,0 ETP

What does RELION do?

RELION is a Public limited company incorporated in 1991. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Tielt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0444.501.510
Incorporation
21/06/1991
Legal form
Public limited company
Registered office
Ingelmunstersteenweg 23
8760 Tielt · FlandreSee on map
Contributed capital
1 125 513,81 €
Latest accounts
31/05/2025
Average workforce
0,0 ETP
Signals
Positive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220112010200920082007
Income statement
Gross margin930,9 k €1,7 M €960,4 k €701,1 k €292,8 k €313,8 k €306,9 k €191,6 k €194,7 k €
EBITDA757,2 k €1,3 M €855,1 k €507 k €241,7 k €275,3 k €281,7 k €167,9 k €171,4 k €
Operating result71,9 k €332,7 k €-64,4 k €320,3 k €165,2 k €195 k €205,8 k €-42,1 k €126,4 k €
Net result-116,5 k €104,2 k €-246,6 k €119,2 k €102,3 k €-173,2 k €126,6 k €-93,1 k €73,7 k €
Balance sheet
Equity4,9 M €5,1 M €4,9 M €1,9 M €867,8 k €765,5 k €938,7 k €812,1 k €905,2 k €
Total assets16,8 M €16,7 M €16,2 M €6,4 M €2,3 M €2,2 M €2,5 M €2,6 M €2,1 M €
Cash414,9 k €1,1 M €990,6 k €1,5 M €15,3 k €2,3 k €2,2 k €9,7 k €1,7 k €
Debts11 M €10,7 M €10,3 M €4,3 M €1,4 M €1,5 M €1,5 M €1,8 M €1,2 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/05/2025 · 3 active · 24 ended

Active mandates

Bieke Casteleyn

Director · since 21 décembre 2022 · until 20 décembre 2028

Active
Katelijn Dubaere

Managing director · since 21 décembre 2022 · until 20 décembre 2028

Active
RELION DEVELOP

Managing director · since 21 décembre 2022 · until 20 décembre 2028 · 0784.990.910

Represented by Anton CASTELEYN

Active

Ended mandates

RELION DEVELOP

Managing director · since 21 décembre 2022 · until 20 décembre 2028 · 0784.990.910

Represented by Anton CASTELEYN

Ended
ALLIMMO

Director · since 02 mai 2017 · until 25 novembre 2019 · 0432.711.258

Represented by Dubaere Katelijn

Ended
ALLIMMO

Director · since 02 mai 2017 · until 28 novembre 2022 · 0432.711.258

Represented by Dubaere Katelijn

Ended
Anton Casteleyn

Director · since 02 mai 2017 · until 28 novembre 2022

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/06/202401/06/202301/06/202201/06/202101/06/202001/06/2019
Closing of the financial year31/05/202531/05/202431/05/202331/05/202231/05/202131/05/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/12/202519/12/202419/12/202322/12/202223/12/202119/01/2021
General meeting28/11/202529/11/202427/11/202330/11/202216/12/202118/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/05/202528/11/202519/12/2025DutchPDF
Abridged model31/05/202429/11/202419/12/2024DutchPDF
Abridged model31/05/202327/11/202319/12/2023DutchPDF
Abridged model31/05/202230/11/202222/12/2022DutchPDF
Abridged model31/05/202116/12/202123/12/2021DutchPDF
Abridged model31/05/202018/12/202019/01/2021DutchPDF
Abridged model31/05/201925/11/201905/12/2019DutchPDF
Abridged model31/05/201826/10/201822/11/2018DutchPDF
Abridged model31/05/201713/11/201707/12/2017DutchPDF
Abridged model31/05/201614/11/201618/11/2016DutchPDF
Abridged model31/05/201523/10/201528/10/2015DutchPDF
Abridged model30/06/201323/12/201321/01/2014DutchPDF
Abridged model30/06/201203/12/201204/01/2013DutchPDF
Abridged model30/06/201103/02/201228/02/2012DutchPDF
Abridged model30/06/201009/02/201108/03/2011DutchPDF
Abridged model30/06/200923/03/201030/03/2010DutchPDF
Abridged model30/06/200801/12/200826/02/2009DutchPDF
Abridged model30/06/200703/12/200729/01/2008DutchPDF
Abridged model30/06/200604/12/200630/01/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/05/2025 · 3 active · 24 ended

Active mandates

Bieke Casteleyn

Director · since 21 décembre 2022 · until 20 décembre 2028

Active
Katelijn Dubaere

Managing director · since 21 décembre 2022 · until 20 décembre 2028

Active
RELION DEVELOP

Managing director · since 21 décembre 2022 · until 20 décembre 2028 · 0784.990.910

Represented by Anton CASTELEYN

Active

Ended mandates

RELION DEVELOP

Managing director · since 21 décembre 2022 · until 20 décembre 2028 · 0784.990.910

Represented by Anton CASTELEYN

Ended
ALLIMMO

Director · since 02 mai 2017 · until 25 novembre 2019 · 0432.711.258

Represented by Dubaere Katelijn

Ended
ALLIMMO

Director · since 02 mai 2017 · until 28 novembre 2022 · 0432.711.258

Represented by Dubaere Katelijn

Ended
Anton Casteleyn

Director · since 02 mai 2017 · until 28 novembre 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring10/01/2023
    BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring21/11/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates10/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares26/01/2015
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates28/07/2014
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-116,5 k €
  2. 2024
    Annual accounts 2024104,2 k €
  3. 2023
    Annual accounts 2023-246,6 k €
  4. 2023
    Name changeRelion
  5. 2022
    Annual accounts 2022119,2 k €
  6. 2022
    Name changeFinanko
  7. 2011
    Annual accounts 2011102,3 k €
  8. 2010
    Annual accounts 2010-173,2 k €
  9. 2009
    Annual accounts 2009126,6 k €
  10. 2008
    Annual accounts 2008-93,1 k €
  11. 2007
    Annual accounts 200773,7 k €
  12. 21/06/1991
    IncorporationPublic limited company