NORMAL SITUATION

RELEX

Financial year 2022 · closed on 28/12/2022
Net result
13,9 k €
+91.2% YoY
Gross margin
361,2 k €
-23.7% YoY
Equity
429,3 k €
+3.3% YoY
Workforce
3,0 ETP
-76.4% YoY

Company — Normal situation.

What does RELEX do?

RELEX is a company registered in Belgium. It employs on average 3,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0817.667.240
Legal form
Public limited company
Contributed capital
400 000,00 €
Latest accounts
28/12/2022
Average workforce
3,0 ETP
Joint committees (5)
  • 124
  • 12400
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20222021201820172016201520142013201220112010
Income statement
Gross margin361,2 k €473,2 k €56,6 k €
EBITDA92,5 k €-413,6 k €-650 k €-477,4 k €-556,3 k €-669,8 k €-451,8 k €-124,8 k €-34,6 k €77,5 k €-96,3 k €
Operating result19,8 k €-717,1 k €-744,7 k €-558,8 k €-635,7 k €-752,5 k €-552,4 k €-198,2 k €-120,9 k €-7 k €-159 k €
Net result13,9 k €7,3 k €-152,5 k €7,2 k €-15,6 k €22,8 k €119,7 k €88,5 k €-134,5 k €-24,2 k €-178,5 k €
Balance sheet
Equity429,3 k €415,4 k €232,7 k €385,3 k €378,1 k €393,7 k €370,9 k €251,2 k €162,8 k €297,3 k €321,5 k €
Total assets429,3 k €879,1 k €1,1 M €1,3 M €1,4 M €1,8 M €1,6 M €897,6 k €760,8 k €803 k €830,3 k €
Cash350,1 k €33,7 k €10,1 k €12,1 k €71,9 k €10,8 k €5,2 k €21,5 k €19,2 k €18,4 k €5,3 k €
Debts463,7 k €847,5 k €909,7 k €986,6 k €1,4 M €1,2 M €646,4 k €597,9 k €505,7 k €508,4 k €
Other
Workforce3,0 ETP12,7 ETP10,4 ETP10,3 ETP10,8 ETP10,9 ETP10,5 ETP9,5 ETP7,7 ETP6,6 ETP5,0 ETP
Governance

Board of directors

Seen on filing of 28/12/2022 · 3 active · 15 ended

Active mandates

Marijke Vandebroeck

Director · since 07 septembre 2022 · until 31 décembre 2027

Active
HIFFERMAN

Managing director · since 03 juin 2022 · until 02 juin 2028 · 0885.803.703

Represented by Theophiel Marc Van Hemelrijk

Active
Jasper Van Hemelrijk

Director · since 03 juin 2022 · until 02 juin 2028

Active

Ended mandates

HIFFERMAN

Mandate · since 28 décembre 2017 · until 28 décembre 2023 · 0885.803.703

Represented by Theophiel Marc Van Hemelrijk

Ended
HIFFERMAN

Managing director · since 28 décembre 2017 · until 14 mai 2022 · 0885.803.703

Represented by Theophiel Marc Van Hemelrijk

Ended
HIFFERMAN

Managing director · since 28 décembre 2017 · until 03 juin 2022 · 0885.803.703

Represented by Theophiel Marc Van Hemelrijk

Ended
HIFFERMAN

Managing director · since 28 décembre 2017 · until 18 décembre 2023 · 0885.803.703

Represented by Theophiel Marc Van Hemelrijk

Ended
Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year28/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/02/202317/06/202213/07/202119/06/202018/07/201912/06/2018
General meeting30/12/202203/06/202216/06/202103/06/202026/06/201908/06/2018
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model28/12/202230/12/202206/02/2023DutchPDF
Abridged model31/12/202103/06/202217/06/2022DutchPDF
Abridged model31/12/202016/06/202113/07/2021DutchPDF
Abridged model31/12/201903/06/202019/06/2020DutchPDF
Abridged model31/12/201826/06/201918/07/2019DutchPDF
Full model31/12/201708/06/201812/06/2018DutchPDF
Full model31/12/201607/06/201718/07/2017DutchPDF
Full model31/12/201513/06/201620/06/2016DutchPDF
Full model31/12/201422/06/201509/07/2015DutchPDF
Full model31/12/201313/03/201410/04/2014DutchPDF
Full model31/12/201228/06/201319/07/2013DutchPDF
Full model31/12/201127/04/201208/05/2012DutchPDF
Full model31/12/201016/06/201106/07/2011DutchPDF
Estimate

Indicative valuation

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 28/12/2022 · 3 active · 15 ended

Active mandates

Marijke Vandebroeck

Director · since 07 septembre 2022 · until 31 décembre 2027

Active
HIFFERMAN

Managing director · since 03 juin 2022 · until 02 juin 2028 · 0885.803.703

Represented by Theophiel Marc Van Hemelrijk

Active
Jasper Van Hemelrijk

Director · since 03 juin 2022 · until 02 juin 2028

Active

Ended mandates

HIFFERMAN

Mandate · since 28 décembre 2017 · until 28 décembre 2023 · 0885.803.703

Represented by Theophiel Marc Van Hemelrijk

Ended
HIFFERMAN

Managing director · since 28 décembre 2017 · until 14 mai 2022 · 0885.803.703

Represented by Theophiel Marc Van Hemelrijk

Ended
HIFFERMAN

Managing director · since 28 décembre 2017 · until 03 juin 2022 · 0885.803.703

Represented by Theophiel Marc Van Hemelrijk

Ended
HIFFERMAN

Managing director · since 28 décembre 2017 · until 18 décembre 2023 · 0885.803.703

Represented by Theophiel Marc Van Hemelrijk

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution24/03/2023
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Dissolution16/02/2023
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Mandates04/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/08/2022
    ONTSLAGEN - BENOEMINGEN
    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. 2022
    Annual accounts 202213,9 k €
  2. 2021
    Annual accounts 20217,3 k €
  3. 2018
    Annual accounts 2018-152,5 k €
  4. 2017
    Annual accounts 20177,2 k €
  5. 2016
    Annual accounts 2016-15,6 k €
  6. 2015
    Annual accounts 201522,8 k €
  7. 2014
    Annual accounts 2014119,7 k €
  8. 2013
    Annual accounts 201388,5 k €
  9. 2012
    Annual accounts 2012-134,5 k €
  10. 2011
    Annual accounts 2011-24,2 k €
  11. 2010
    Annual accounts 2010-178,5 k €