ACTIVE

RELACTIONS

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Financial year 2025 · closed on 30/06/2025

Net result

3,1 k €

+376873.2% YoY

Gross margin

7 k €

+219.5% YoY

Equity

71,3 k €

-8.8% YoY

What does RELACTIONS do?

RELACTIONS is a Private company with limited liability incorporated in 2000. Its registered office is in Watermael-Boitsfort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0469.608.672

Incorporation

12/01/2000

Legal form

Private company with limited liability

Registered office

Avenue de la Foresterie 2 box 2
1170 Watermael-Boitsfort · BruxellesSee on map

Contributed capital

6 197,33 €

Latest accounts

30/06/2025

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	7 k €	+219%	2,2 k €	-92.8%	30,2 k €	-33.1%	45,2 k €	+187%	15,7 k €	-12.2%	17,9 k €	-52.3%	37,6 k €	-33.1%	56,2 k €	+279%	14,8 k €	-97.0%	489,4 k €	+946%	46,8 k €	-17.6%	56,8 k €	-55.7%	128,2 k €	+99.3%	64,3 k €	-40.9%	108,8 k €	+68.1%	64,8 k €	+75.7%	36,9 k €	+68.6%	21,9 k €	-55.8%	49,4 k €
EBITDA	6,6 k €	+257%	1,8 k €	-93.8%	29,9 k €	-33.4%	44,9 k €	+200%	15 k €	-14.1%	17,4 k €	-53.3%	37,3 k €	-30.4%	53,6 k €	+1058%	-5,6 k €	-101%	487,9 k €	+979%	45,2 k €	-18.1%	55,2 k €	+9.4%	50,5 k €	-20.0%	63,1 k €	+96.1%	32,2 k €	-15.5%	38,1 k €	+6.3%	35,8 k €	+71.9%	20,8 k €	-57.0%	48,5 k €
Operating result	4 k €	+311%	981,5 €	-95.9%	23,7 k €	-45.4%	43,5 k €	+203%	14,3 k €	-15.1%	16,9 k €	-51.5%	34,8 k €	+1.7%	34,2 k €	+215%	-29,6 k €	-106%	460,4 k €	+3299%	13,5 k €	-46.6%	25,3 k €	+15.8%	21,9 k €	-55.6%	49,3 k €	+159%	19 k €	-16.3%	22,8 k €	+9.5%	20,8 k €	+250%	5,9 k €	-82.9%	34,7 k €
Net result	3,1 k €	+376873%	0,8 €	-100.0%	14,3 k €	-50.9%	29 k €	+218%	9,1 k €	-26.1%	12,3 k €	-42.2%	21,4 k €	+3.3%	20,7 k €	+219%	-17,3 k €	-106%	302,4 k €	+5275%	5,6 k €	-61.9%	14,8 k €	+28.2%	11,5 k €	-34.7%	17,7 k €	+119%	8,1 k €	+8.2%	7,5 k €	+98.3%	3,8 k €	+135%	-10,9 k €	-179%	13,8 k €
Balance sheet
Equity	71,3 k €	-8.8%	78,2 k €	-20.4%	98,2 k €	-5.5%	103,9 k €	+38.8%	74,9 k €	+13.9%	65,8 k €	+23.1%	53,4 k €	+66.6%	32,1 k €	+181%	11,4 k €	-92.8%	158,7 k €	+108%	76,4 k €	+8.0%	70,8 k €	+26.4%	56 k €	+25.9%	44,5 k €	+65.9%	26,8 k €	+43.1%	18,7 k €	+66.1%	11,3 k €	+50.1%	7,5 k €	-59.1%	18,4 k €
Total assets	283,9 k €	-4.6%	297,5 k €	-8.2%	324,1 k €	+3.1%	314,5 k €	+10.6%	284,3 k €	+2.0%	278,7 k €	+5.1%	265,3 k €	+7.4%	246,9 k €	-30.4%	354,9 k €	-52.0%	739,5 k €	+154%	290,9 k €	-3.2%	300,5 k €	+1.7%	295,4 k €	+26.6%	233,3 k €	+10.3%	211,6 k €	+54.8%	136,6 k €	+21.9%	112,1 k €	-8.1%	122 k €	-7.2%	131,4 k €
Cash	16,3 k €	+14.4%	14,3 k €	-34.0%	21,6 k €	-17.3%	26,1 k €	+168%	9,7 k €	+27.5%	7,6 k €	+11.1%	6,9 k €	+71.5%	4 k €	+6.8%	3,7 k €	-82.8%	21,8 k €	+3376%	625,8 €	-90.2%	6,4 k €	+260%	1,8 k €	-32.5%	2,6 k €	-51.9%	5,5 k €	+371%	1,2 k €	-61.5%	3 k €	+173%	1,1 k €	-73.2%	4,1 k €
Debts	22,7 k €	-22.9%	29,4 k €	-18.2%	36 k €	+74.1%	20,7 k €	+6.1%	19,5 k €	-15.6%	23,1 k €	+5.0%	22 k €	-12.0%	25 k €	-83.7%	153,6 k €	-60.7%	390,9 k €	+1485%	24,7 k €	-38.1%	39,9 k €	-19.5%	49,5 k €	-33.1%	74 k €	+5.9%	69,9 k €	-10.4%	78 k €	-9.2%	85,9 k €	-13.7%	99,6 k €	+2.5%	97,2 k €

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 30/06/2025 · 1 active · 1 ended

Active mandates

Michaël SCHNARCH

Director

Active

Ended mandates

Michaël SCHNARCH

Manager

Ended

At this address

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Be Stronger● Active	0727.788.030
Eksen● Active	1039.735.872
FORESTERIE● Active	0795.491.060
FORUM● Active	0413.003.432
INTERNATIONAL SPORTS ENGINEERING● Active	0426.332.915
PAPRIKA● Active	0427.957.367
Soyer et Mamet● Active	0402.245.340

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/12/2025	19/12/2024	19/12/2023	20/12/2022	21/12/2021	23/12/2020
General meeting	15/12/2025	16/12/2024	15/12/2023	15/12/2022	15/12/2021	15/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	15/12/2025	16/12/2025	French	PDF
Abridged model	30/06/2024	16/12/2024	19/12/2024	French	PDF
Abridged model	30/06/2023	15/12/2023	19/12/2023	French	PDF
Micro model	30/06/2022	15/12/2022	20/12/2022	French	PDF
Abridged model	30/06/2021	15/12/2021	21/12/2021	French	PDF
Abridged model	30/06/2020	15/12/2020	23/12/2020	French	PDF
Abridged model	30/06/2019	16/12/2019	24/12/2019	French	PDF
Abridged model	30/06/2018	15/12/2018	14/01/2019	French	PDF
Abridged model	30/06/2017	15/12/2017	27/12/2017	French	PDF
Abridged model	30/06/2016	15/12/2016	21/12/2016	French	PDF
Abridged model	30/06/2015	15/12/2015	28/12/2015	French	PDF
Abridged model	30/06/2014	15/12/2014	16/01/2015	French	PDF
Abridged model	30/06/2013	30/12/2013	14/02/2014	French	PDF
Abridged model	30/06/2012	15/12/2012	22/01/2013	French	PDF
Abridged model	30/06/2011	15/12/2011	10/01/2012	French	PDF
Abridged model	30/06/2010	15/12/2010	17/01/2011	French	PDF
Abridged model	30/06/2009	15/12/2009	24/12/2009	French	PDF
Abridged model	30/06/2008	15/12/2008	23/12/2008	French	PDF
Abridged model	30/06/2007	15/12/2007	14/01/2008	French	PDF
Abridged model	30/06/2006	15/12/2006	12/01/2007	French	PDF

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 30/06/2025 · 1 active · 1 ended

Active mandates

Michaël SCHNARCH

Director

Active

Ended mandates

Michaël SCHNARCH

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office12/01/2023
SIEGE SOCIAL
PDF
Registered office09/03/2020
SIEGE SOCIAL
PDF
Registered office15/12/2017
SIEGE SOCIAL
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

2025
Annual accounts 20253,1 k €↑
2024
Annual accounts 20240,8 €↓
2023
Annual accounts 202314,3 k €↓
2022
Annual accounts 202229 k €↑
2021
Annual accounts 20219,1 k €↓
2020
Annual accounts 202012,3 k €↓
2019
Annual accounts 201921,4 k €↑
2018
Annual accounts 201820,7 k €↑
2017
Annual accounts 2017-17,3 k €↓
2016
Annual accounts 2016302,4 k €↑
2015
Annual accounts 20155,6 k €↓
2014
Annual accounts 201414,8 k €↑
2013
Annual accounts 201311,5 k €↓
2012
Annual accounts 201217,7 k €↑
2011
Annual accounts 20118,1 k €↑
2010
Annual accounts 20107,5 k €↑
2009
Annual accounts 20093,8 k €↑
2008
Annual accounts 2008-10,9 k €↓
2007
Annual accounts 200713,8 k €
12/01/2000
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

RELACTIONS

Overview

What does RELACTIONS do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline