ACTIVE

RELYS

Financial year 2025 · closed on 31/12/2025
Net result
3,1 k €
-93.2% YoY
Gross margin
15,4 k €
-77.4% YoY
Equity
10,7 k €
-94.1% YoY

What does RELYS do?

RELYS is a Private limited company incorporated in 2020. Its main activity is: Management consultancy activities. Its registered office is in Tielt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0742.917.852
Incorporation
04/02/2020
Legal form
Private limited company
Registered office
Ooigemstraat 47
8760 Tielt · FlandreSee on map
Contributed capital
4 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin15,4 k €68,5 k €21,5 k €86,7 k €104,3 k €
EBITDA14,7 k €67,8 k €20,7 k €85,3 k €90,0 k €
Operating result4,3 k €57,5 k €10,4 k €84,2 k €86,5 k €
Net result3,1 k €45,3 k €5,7 k €65,3 k €67,4 k €
Balance sheet
Equity10,7 k €182,6 k €139,0 k €135,0 k €71,4 k €
Total assets402,1 k €280,3 k €212,0 k €380,7 k €307,2 k €
Cash3,3 k €4,6 k €31,8 k €30,0 k €4,3 k €
Debts383,2 k €94,7 k €73,0 k €245,6 k €235,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Pieter Theys

Director

Active
At this address

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Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202204/02/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months23 months
Filing date12/05/202626/05/202518/03/202418/07/202331/08/2022
General meeting11/05/202612/05/202513/03/202424/06/202325/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202511/05/202612/05/2026DutchPDF
Abridged model31/12/202412/05/202526/05/2025DutchPDF
Abridged model31/12/202313/03/202418/03/2024DutchPDF
Abridged model31/12/202224/06/202318/07/2023DutchPDF
Micro model31/12/202125/06/202231/08/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active

Active mandates

Pieter Theys

Director

Active
Shareholders

Ownership and network

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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 20253,1 k €
  2. 2024
    Annual accounts 202445,3 k €
  3. 2023
    Annual accounts 20235,7 k €
  4. 2022
    Annual accounts 202265,3 k €
  5. 2021
    Annual accounts 202167,4 k €
  6. 04/02/2020
    IncorporationPrivate limited company