ACTIVE

RELY

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Financial year 2024 · closed on 31/12/2024
Net result
-19,3 M €
Revenue
3,3 M €
Equity
80,8 M €
Workforce
16,4 ETP

What does RELY do?

RELY is a Public limited company incorporated in 2023. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Saint-Josse-ten-Noode. It employs on average 16,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 1002.109.869
Incorporation
09/11/2023
Legal form
Public limited company
Registered office
Avenue du Boulevard 21
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
100 100 000,00 €
Latest accounts
31/12/2024
Average workforce
16,4 ETP
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy74909Other professional, scientific and technical activities n.e.c.74999Other professional, scientific and technical activities n.e.c.
Signals
Solid equityLow riskGood liquidityHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 1 financial year

2024
Income statement
Revenue3,3 M €
EBITDA-18,7 M €
Operating result-18,7 M €
Net result-19,3 M €
Balance sheet
Equity80,8 M €
Total assets148,4 M €
Cash3 M €
Debts64,6 M €
Other
Workforce16,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
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Annual accounts

Full financial information

20252024
Type of accountFull modelFull model
Start of the financial year01/01/202509/11/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months14 months
Filing date16/06/202603/02/2026
General meeting15/06/202630/04/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/06/202616/06/2026FrenchPDF
Full modelCorrection31/12/202430/04/202503/02/2026FrenchPDF
Full model31/12/202430/04/202526/05/2025FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/06/2026
    DEMISSION ET NOMINATION D'ADMINISTRATEURS
    PDF
  • Mandates20/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares18/07/2025
    CAPITAL, ACTIONS, STATUTS (TRADUCTION, COORDINATION,
    PDF
  • Other20/12/2024
    DELEGATION DE POUVOIRS SPECIAUX
    PDF
  • Mandates27/05/2024
    DEMISSION D'UN ADMINISTRATEUR - TRANSFERT DE SIEGE
    PDF
  • Mandates06/12/2023
    DEMISSIONS, NOMINATIONS, STATUTS (TRADUCTION,
    PDF
  • Mandates01/12/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other27/11/2023
    DIVERS
    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. 2024
    Annual accounts 2024-19,3 M €
  2. 09/11/2023
    IncorporationPublic limited company