ACTIVE

RelaxationZ

Financial year 2025 · closed on 31/12/2025
Net result
1,2 k €
-93.5% YoY
Gross margin
84,5 k €
-5.7% YoY
Equity
3 k €
+64.3% YoY
Workforce
3,7 ETP

What does RelaxationZ do?

RelaxationZ is a Private limited company incorporated in 2014. Its main activity is: Other personal service activities n.e.c.. Its registered office is in Sint-Lievens-Houtem. It employs on average 3,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0549.807.777
Incorporation
24/03/2014
Legal form
Private limited company
Registered office
Gentsesteenweg 17B
9520 Sint-Lievens-Houtem · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
31/12/2025
Average workforce
3,7 ETP
Joint committees (2)
  • 100
  • 10000
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120192018201720162015
Income statement
Gross margin84,5 k €89,7 k €76,2 k €64,7 k €27,3 k €52 k €48,3 k €84,1 k €99,2 k €75 k €
EBITDA11,8 k €23,6 k €10,2 k €3,7 k €-41,6 k €10,4 k €15,1 k €35,7 k €57 k €20,4 k €
Operating result1,4 k €21,1 k €5,3 k €-4,5 k €-49,1 k €4,2 k €9,8 k €20,4 k €42,1 k €12,5 k €
Net result1,2 k €18 k €2,9 k €-11 k €-52 k €2,1 k €5,9 k €12,6 k €24,6 k €8,8 k €
Balance sheet
Equity3 k €1,8 k €-16,1 k €-19 k €-8 k €79 k €76,9 k €71 k €58,4 k €33,8 k €
Total assets758,4 k €25,3 k €21,9 k €22,7 k €28,9 k €102,4 k €110,9 k €113,5 k €116,3 k €80 k €
Cash15,7 k €7,7 k €5,5 k €1,7 k €2,7 k €76,7 k €76,4 k €70,4 k €63,8 k €41,4 k €
Debts753,7 k €23,4 k €38 k €41,7 k €36,9 k €20,7 k €31,4 k €40 k €55,4 k €44,1 k €
Other
Workforce3,7 ETP2,2 ETP1,7 ETP1,6 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 31/12/2025 · 2 active · 4 ended

Active mandates

Geert Van Damme

Director · since 13 juin 2025

Active
Wendy Verpaelst

Administrator - manager · until 13 juin 2025

Active

Ended mandates

Wendy VERPAELST

Director · since 03 août 2020

Ended
Andy PRIEUS

Director · since 01 avril 2014

Ended
Andy PRIEUS

Manager · since 01 avril 2014

Ended
Wendy VERPAELST

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/10/2019
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 months15 months
Filing date25/06/202609/09/202530/09/202429/09/202331/08/202230/08/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202625/06/2026DutchPDF
Micro model31/12/202406/06/202509/09/2025DutchPDF
Micro model31/12/202307/06/202430/09/2024DutchPDF
Micro model31/12/202202/06/202329/09/2023DutchPDF
Micro model31/12/202103/06/202231/08/2022DutchPDF
Micro model31/12/202004/06/202130/08/2021DutchPDF
Abridged model30/09/201931/03/202030/05/2020DutchPDF
Micro model30/09/201815/03/201929/03/2019DutchPDF
Micro model30/09/201715/12/201729/12/2017DutchPDF
Abridged model30/09/201601/03/201731/03/2017DutchPDF
Abridged model30/09/201517/02/201626/02/2016DutchPDF
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 31/12/2025 · 2 active · 4 ended

Active mandates

Geert Van Damme

Director · since 13 juin 2025

Active
Wendy Verpaelst

Administrator - manager · until 13 juin 2025

Active

Ended mandates

Wendy VERPAELST

Director · since 03 août 2020

Ended
Andy PRIEUS

Director · since 01 avril 2014

Ended
Andy PRIEUS

Manager · since 01 avril 2014

Ended
Wendy VERPAELST

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/07/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/10/2020
    WIJZIGING RECHTSVORM - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates11/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/04/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251,2 k €
  2. 2024
    Annual accounts 202418 k €
  3. 2023
    Annual accounts 20232,9 k €
  4. 2022
    Annual accounts 2022-11 k €
  5. 2021
    Annual accounts 2021-52 k €
  6. 2019
    Annual accounts 20192,1 k €
  7. 2018
    Annual accounts 20185,9 k €
  8. 2017
    Annual accounts 201712,6 k €
  9. 2016
    Annual accounts 201624,6 k €
  10. 2015
    Annual accounts 20158,8 k €
  11. 24/03/2014
    IncorporationPrivate limited company