ACTIVE

RELU

Financial year 2025 · closed on 31/12/2025
Net result
104,2 k €
+144.0% YoY
Gross margin
1,2 M €
+67.6% YoY
Equity
2,5 M €
+21.3% YoY
Workforce
10,1 ETP
+18.8% YoY

What does RELU do?

RELU is a Private limited company incorporated in 2019. Its registered office is in Leuven. It employs on average 10,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0735.997.002
Incorporation
11/10/2019
Legal form
Private limited company
Registered office
Kolonel Begaultlaan 1A box 51
3012 Leuven · FlandreSee on map
Contributed capital
2 175 064,00 €
Latest accounts
31/12/2025
Average workforce
10,1 ETP
Joint committees (2)
  • 1000
  • 2000
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin1,2 M €713,3 k €824,6 k €578,6 k €366,7 k €
EBITDA531,9 k €153,8 k €297,5 k €201,1 k €164,5 k €
Operating result110,1 k €-273,3 k €10,5 k €30,3 k €106,8 k €
Net result104,2 k €-236,6 k €13,4 k €733,4 €92,5 k €
Balance sheet
Equity2,5 M €2 M €2,3 M €103,8 k €103,1 k €
Total assets3,6 M €2,9 M €3 M €945,7 k €582,2 k €
Cash181,1 k €74,2 k €79,5 k €163,8 k €145,3 k €
Debts934,4 k €476,1 k €627,7 k €826,9 k €471 k €
Other
Workforce10,1 ETP8,5 ETP9,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 13 ended

Active mandates

Above AVG

Director · since 11 octobre 2024 · 1013.749.869

Represented by Adriaan Van Gerven

Active
BeBttr

Director · since 11 octobre 2024 · 1014.973.455

Represented by Thomas Beznik

Active
COAN

Director · since 11 octobre 2024 · 1014.995.231

Represented by Antoine Coppens

Active
Rational Builder

Director · since 11 octobre 2024 · 1013.746.208

Represented by Holger Willems

Active
Bindusaran Arunachalam

Director

Active
Philip Toh

Director

Active

Ended mandates

Above AVG

Director · since 11 octobre 2024 · 1013.749.869

Represented by Adriaan VAN GERVEN

Ended
BeBttr

Director · since 11 octobre 2024 · 1014.973.455

Represented by Thomas BEZNIK

Ended
COAN

Director · since 11 octobre 2024 · 1014.995.231

Represented by Antoine COPPENS

Ended
Rational Builder

Director · since 11 octobre 2024 · 1013.746.208

Represented by Holger WILLEMS

Ended
At this address

Other companies at this address

CompanyCBE no.
Above AVGActive
1013.749.869
0806.152.251
ALIVIRAActive
0456.511.197
BeBttrActive
1014.973.455
0448.732.292
CypresActive
0433.614.942
0452.836.580
0839.741.272
MediaNotActive
0468.763.089
0634.718.411
PREVENTActive
0845.552.265
SMOOVEDActive
0722.904.277
We Are DigitalActive
0544.440.214
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202110/10/2019
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 date12/05/202605/08/202523/07/202410/05/202312/05/202206/05/2021
General meeting02/05/202628/07/202524/06/202426/04/202307/05/202201/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/05/202612/05/2026DutchPDF
Abridged model31/12/202428/07/202505/08/2025DutchPDF
Abridged model31/12/202324/06/202423/07/2024DutchPDF
Micro model31/12/202226/04/202310/05/2023DutchPDF
Micro model31/12/202107/05/202212/05/2022DutchPDF
Micro model31/12/202001/05/202106/05/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 13 ended

Active mandates

Above AVG

Director · since 11 octobre 2024 · 1013.749.869

Represented by Adriaan Van Gerven

Active
BeBttr

Director · since 11 octobre 2024 · 1014.973.455

Represented by Thomas Beznik

Active
COAN

Director · since 11 octobre 2024 · 1014.995.231

Represented by Antoine Coppens

Active
Rational Builder

Director · since 11 octobre 2024 · 1013.746.208

Represented by Holger Willems

Active
Bindusaran Arunachalam

Director

Active
Philip Toh

Director

Active

Ended mandates

Above AVG

Director · since 11 octobre 2024 · 1013.749.869

Represented by Adriaan VAN GERVEN

Ended
BeBttr

Director · since 11 octobre 2024 · 1014.973.455

Represented by Thomas BEZNIK

Ended
COAN

Director · since 11 octobre 2024 · 1014.995.231

Represented by Antoine COPPENS

Ended
Rational Builder

Director · since 11 octobre 2024 · 1013.746.208

Represented by Holger WILLEMS

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other13/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/04/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates16/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other15/10/2019
    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 2025104,2 k €
  2. 2024
    Annual accounts 2024-236,6 k €
  3. 2023
    Annual accounts 202313,4 k €
  4. 2022
    Annual accounts 2022733,4 €
  5. 2021
    Annual accounts 202192,5 k €
  6. 11/10/2019
    IncorporationPrivate limited company