ACTIVE

RLST

Financial year 2025 · closed on 31/12/2025
Net result
97 k €
-60.3% YoY
Revenue
883,4 k €
+3.4% YoY
Equity
5,4 M €
+1.8% YoY

What does RLST do?

RLST is a Public limited company incorporated in 2020. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0744.809.649
Incorporation
06/03/2020
Legal form
Public limited company
Registered office
Rue Van Orley 15
1000 Bruxelles · BruxellesSee on map
Contributed capital
1 522 438,00 €
Latest accounts
31/12/2025
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Revenue883,4 k €854,2 k €844,8 k €763,6 k €
EBITDA322,8 k €664,9 k €688,2 k €692,3 k €670,5 k €476,3 k €
Operating result175 k €517,2 k €540,2 k €543,1 k €521,2 k €-369,3 k €
Net result97 k €244,5 k €255,9 k €256,4 k €307,5 k €-534 k €
Balance sheet
Equity5,4 M €5,3 M €5,1 M €4,8 M €793,5 k €486 k €
Total assets34 M €13,7 M €13,9 M €14,4 M €10,6 M €10,7 M €
Cash495,9 k €334,7 k €394 k €739,1 k €562,5 k €539,6 k €
Debts28,1 M €8,3 M €8,8 M €9,3 M €9,6 M €9,9 M €
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 · 8 active · 8 ended

Active mandates

Bart DE LAERE

Director · since 29 avril 2025 · until 03 juin 2031

Active
CONSOLID

Director · since 29 avril 2025 · until 03 juin 2031 · 0479.355.885

Represented by Dries MOENS

Active
Geert DHONT

Director · since 29 avril 2025 · until 03 juin 2031

Active
Johan VAN WASSENHOVE

Managing director · since 29 avril 2025 · until 03 juin 2031

Active
Luc HOPPENBROUWERS

Director · since 29 avril 2025 · until 03 juin 2031

Active
COFINCO

Chairman of the board of directors · since 12 juillet 2024 · until 29 avril 2025 · 0464.397.495

Represented by Michel VAN HECKE

Active
Elvira HAEZENDONCK

Director · since 12 juillet 2024 · until 29 avril 2025

Active
Jan VAN BERGEIJK

Director · since 12 juillet 2024 · until 29 avril 2025

Active

Ended mandates

Bart DE LAERE

Director · since 29 avril 2025 · until 11 avril 2030

Ended
CONSOLID

Director · since 29 avril 2025 · until 11 avril 2030 · 0479.355.885

Represented by Dries MOENS

Ended
Geert DHONT

Director · since 29 avril 2025 · until 11 avril 2030

Ended
Luc HOPPENBROUWERS

Director · since 29 avril 2025 · until 11 avril 2030

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202106/03/2020
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 months10 months
Filing date10/07/202609/07/202524/05/202421/06/202330/05/202220/05/2021
General meeting23/06/202624/06/202516/04/202428/04/202327/04/202229/04/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/06/202610/07/2026DutchPDF
Full model31/12/202424/06/202509/07/2025DutchPDF
Full model31/12/202316/04/202424/05/2024DutchPDF
Full model31/12/202228/04/202321/06/2023DutchPDF
Abridged model31/12/202127/04/202230/05/2022DutchPDF
Abridged model31/12/202029/04/202120/05/2021DutchPDF
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 · 8 active · 8 ended

Active mandates

Bart DE LAERE

Director · since 29 avril 2025 · until 03 juin 2031

Active
CONSOLID

Director · since 29 avril 2025 · until 03 juin 2031 · 0479.355.885

Represented by Dries MOENS

Active
Geert DHONT

Director · since 29 avril 2025 · until 03 juin 2031

Active
Johan VAN WASSENHOVE

Managing director · since 29 avril 2025 · until 03 juin 2031

Active
Luc HOPPENBROUWERS

Director · since 29 avril 2025 · until 03 juin 2031

Active
COFINCO

Chairman of the board of directors · since 12 juillet 2024 · until 29 avril 2025 · 0464.397.495

Represented by Michel VAN HECKE

Active
Elvira HAEZENDONCK

Director · since 12 juillet 2024 · until 29 avril 2025

Active
Jan VAN BERGEIJK

Director · since 12 juillet 2024 · until 29 avril 2025

Active

Ended mandates

Bart DE LAERE

Director · since 29 avril 2025 · until 11 avril 2030

Ended
CONSOLID

Director · since 29 avril 2025 · until 11 avril 2030 · 0479.355.885

Represented by Dries MOENS

Ended
Geert DHONT

Director · since 29 avril 2025 · until 11 avril 2030

Ended
Luc HOPPENBROUWERS

Director · since 29 avril 2025 · until 11 avril 2030

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/06/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring21/11/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/09/2022
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring31/03/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other10/03/2020
    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 202597 k €
  2. 2024
    Annual accounts 2024244,5 k €
  3. 2023
    Annual accounts 2023255,9 k €
  4. 2022
    Annual accounts 2022256,4 k €
  5. 2021
    Annual accounts 2021307,5 k €
  6. 2020
    Annual accounts 2020-534 k €
  7. 06/03/2020
    IncorporationPublic limited company