ACTIVE

RelyOn Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result832,1 k €+49,6 %over 1 year
Gross margin2,2 M €+33,4 %over 1 year
Equity5,4 M €+49,2 %over 1 year
Workforce9,7 ETP+12,8 %over 1 year

Identity

Source · BCE/KBO

RelyOn Belgium is a Private limited company incorporated in 2013. Its main activity is: Other education n.e.c.. Its registered office is in Oostende. It employs on average 9,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0543.401.225
Incorporation
13/12/2013
Legal form
Private limited company
Registered office
Esplanadestraat 1
8400 Oostende · FlandreSee on map
Contributed capital
3 050 000,00 €
Latest accounts
31/12/2025
Average workforce
9,7 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20252024202320222021
Income statement
Gross margin2,2 M €1,7 M €1,5 M €1,3 M €1,3 M €
EBITDA1,2 M €826,2 k €370,1 k €348,8 k €472,1 k €
Operating result1 M €641,1 k €154,8 k €127,9 k €249,5 k €
Net result832,1 k €556,3 k €180,6 k €119 k €242,8 k €
Balance sheet
Equity5,4 M €3,6 M €3,1 M €2,9 M €2,8 M €
Total assets6,7 M €4,7 M €3,8 M €3,4 M €3,2 M €
Cash207,6 k €153,5 k €843,5 k €385,8 k €235 k €
Debts1,3 M €1 M €743,5 k €541,8 k €450,9 k €
Other
Workforce9,7 ETP8,6 ETP7,7 ETP8,8 ETP7,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 15 ended

Active mandates

Birgitte Poulsen

Director · since 10 avril 2023

Active
Torben Harring

Director · since 10 avril 2023

Active

Ended mandates

Brigitte Poulsen

Director · since 10 avril 2023

Ended
Thorben Harring

Director · since 10 avril 2023

Ended
Peter Van Cauwenberghe

Director · since 19 mars 2019 · until 10 avril 2023

Ended
Peter Van Cauwenberghe

Director · since 19 mars 2019

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/06/202611/06/202505/06/202406/06/202313/06/202216/06/2021
General meeting02/06/202602/06/202503/06/202402/06/202302/06/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202603/06/2026DutchPDF
Abridged model31/12/202402/06/202511/06/2025DutchPDF
Abridged model31/12/202303/06/202405/06/2024DutchPDF
Abridged model31/12/202202/06/202306/06/2023DutchPDF
Abridged model31/12/202102/06/202213/06/2022DutchPDF
Abridged model31/12/202014/06/202116/06/2021DutchPDF
Abridged model31/12/201902/06/202017/06/2020DutchPDF
Abridged model31/12/201803/06/201914/06/2019DutchPDF
Abridged model31/12/201704/06/201826/06/2018DutchPDF
Abridged model31/12/201602/06/201726/06/2017DutchPDF
Full model31/12/201502/06/201624/06/2016DutchPDF
Full model31/12/201423/09/201529/09/2015DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 15 ended

Active mandates

Birgitte Poulsen

Director · since 10 avril 2023

Active
Torben Harring

Director · since 10 avril 2023

Active

Ended mandates

Brigitte Poulsen

Director · since 10 avril 2023

Ended
Thorben Harring

Director · since 10 avril 2023

Ended
Peter Van Cauwenberghe

Director · since 19 mars 2019 · until 10 avril 2023

Ended
Peter Van Cauwenberghe

Director · since 19 mars 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other25/06/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Restructuring01/06/2026
    DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/03/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates03/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/08/2025
    DIVERSEN
    PDF
  • Other21/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Other27/11/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other22/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF

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 2025832,1 k €↑
  2. 2024
    Annual accounts 2024556,3 k €↑
  3. 2024
    Name changeRelyOn Belgium
  4. 2023
    Annual accounts 2023180,6 k €↑
  5. 2022
    Annual accounts 2022119 k €↓
  6. 2021
    Annual accounts 2021242,8 k €↓
  7. 2021
    Name changeRelyOn Nutec Belgium
  8. 2020
    Annual accounts 2020523,6 k €↑
  9. 2019
    Annual accounts 2019373,3 k €↑
  10. 2018
    Annual accounts 2018149 k €↑
  11. 2017
    Annual accounts 2017-461,3 k €↓
  12. 2016
    Annual accounts 2016236,7 k €↑
  13. 2015
    Annual accounts 2015-146 k €↑
  14. 2014
    Annual accounts 2014-1,5 M €
  15. 13/12/2013
    IncorporationPrivate limited company