ACTIVE

RELM

Financial year 2025 · closed on 31/12/2025
Net result
1,9 M €
+0.1% YoY
Gross margin
58,6 k €
+2.7% YoY
Equity
12,7 M €
+15.1% YoY

What does RELM do?

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

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0749.705.377
Incorporation
02/07/2020
Legal form
Private limited company
Registered office
Grote Markt(Kor) 41
8500 Kortrijk · FlandreSee on map
Contributed capital
3 504 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin58,6 k €57,1 k €49,9 k €56,7 k €49,8 k €
EBITDA58,5 k €56,9 k €49,7 k €56,6 k €49,6 k €
Operating result58 k €55,7 k €48,4 k €55,2 k €48,6 k €
Net result1,9 M €1,9 M €1,8 M €2,1 M €1,8 M €
Balance sheet
Equity12,7 M €11 M €9,2 M €7,4 M €5,3 M €
Total assets20,9 M €14,6 M €14,6 M €14,5 M €14,1 M €
Cash163,5 k €153,8 k €534,2 k €464,4 k €92,4 k €
Debts8,2 M €3,6 M €5,3 M €7,1 M €8,8 M €
Other
Workforce0,0 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 · 1 active

Active mandates

Edouard Vindevogel

Director · since 02 juillet 2020

Active
At this address

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Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202202/07/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months18 months
Filing date04/06/202623/06/202504/07/202415/06/202328/06/2022
General meeting31/05/202605/06/202530/06/202401/06/202327/06/2022
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 model31/12/202531/05/202604/06/2026DutchPDF
Abridged model31/12/202405/06/202523/06/2025DutchPDF
Abridged model31/12/202330/06/202404/07/2024DutchPDF
Abridged model31/12/202201/06/202315/06/2023DutchPDF
Abridged model31/12/202127/06/202228/06/2022DutchPDF
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 · 1 active

Active mandates

Edouard Vindevogel

Director · since 02 juillet 2020

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other06/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other06/07/2020
    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 20251,9 M €
  2. 2024
    Annual accounts 20241,9 M €
  3. 2023
    Annual accounts 20231,8 M €
  4. 2022
    Annual accounts 20222,1 M €
  5. 2021
    Annual accounts 20211,8 M €
  6. 02/07/2020
    IncorporationPrivate limited company