ALSALIM
ActiveSummary
ALSALIM has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €18,454 and a net result of €881. Equity is growing by ~33.3% per year across the filed fiscal years. Its solvency ranks better than 28% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▼-2
Solvency32▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.11 against 1.2 in 2023; short-term debt: 89.5% and cash: 0.4% of total assets), and 92.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
7.2%
Return on assets
0.3%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
22 d late
2022
23 d late
2021
22 d late
2020
1 d early
2019
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 36 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€163,700
EBIT margin
1.5%
Net result
€881▼ 70.8%
2023 · €3,017
Working capital
€25,715▲ 5.6%
2023 · €24,355
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€163,700
Operating result€2,402€6,430▲ 168%€5,038▼ 21.6%€3,760▼ 25.4%€1,240▼ 67.0%
Net result€2,390within the sector's middle half▲ 229%€6,428within the sector's middle half▲ 169%€5,009within the sector's middle half▼ 22.1%€3,017within the sector's middle half▼ 39.8%€881within the sector's middle half▼ 70.8%
EBIT margin1.5%
Equity€3,117below the sector's middle half▲ 329%€9,546within the sector's middle half▲ 206%€14,556within the sector's middle half▲ 52.5%€17,572within the sector's middle half▲ 20.7%€18,454within the sector's middle half▲ 5.0%
Total assets€63,582within the sector's middle half▲ 171%€44,152below the sector's middle half▼ 30.6%€44,041below the sector's middle half▼ 0.3%€149,271within the sector's middle half▲ 239%€254,740within the sector's middle half▲ 70.7%
Debt€60,465▲ 166%€34,606▼ 42.8%€29,485▼ 14.8%€131,699▲ 347%€236,287▲ 79.4%
Working capital-€18,228below the sector's middle half▼ 172%€12,551within the sector's middle half€18,022within the sector's middle half▲ 43.6%€24,355within the sector's middle half▲ 35.1%€25,715within the sector's middle half▲ 5.6%
Solvency4.9%below the sector's middle half▲ 1.8pp21.6%within the sector's middle half▲ 16.7pp33.1%within the sector's middle half▲ 11.4pp11.8%within the sector's middle half▼ 21.3pp7.2%within the sector's middle half▼ 4.5pp
Current ratio0.70below the sector's middle half▼ 0.011.69within the sector's middle half▲ 0.992.01within the sector's middle half▲ 0.321.20within the sector's middle half▼ 0.811.11within the sector's middle half▼ 0.08
Return on assets (ROA)3.8%within the sector's middle half▲ 0.7pp14.6%above the sector's middle half▲ 10.8pp11.4%within the sector's middle half▼ 3.2pp2.0%within the sector's middle half▼ 9.4pp0.3%within the sector's middle half▼ 1.7pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 67% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €254,740
Fixed assets
€1,149 ▼ 29.4%
Current assets
€253,592 ▲ 71.8%
Equity and liabilities €254,740
Equity
€18,454 ▲ 5.0%
Debt
€236,287 ▲ 79.4%
Debt's share of the balance-sheet total rises from 88.2% to 92.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1,719▼
2023 · €10,276
Cash flow
€1,361▼
2023 · €9,532
Quick ratio
0.62▼
2023 · 0.68
Debt to equity
12.80▲
2023 · 7.49
ROE
4.8%▼
2023 · 17.2%
Interest coverage
21.00▼
2023 · 307.74
Debt ≤ 1 year
€227,877▲
2023 · €123,289
Debt > 1 year
€8,410=
2023 · €8,410
Income taxes
€276▼
2023 · €838
Staff costs
€76,814▲
2023 · €44,981
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,251 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.6%
went bankrupt
2.7%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,251 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €163,700 | - | - | - | - | - |
| Non-recurring operating income76A | - | €1,000 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €10,114 | - | €44,981 | €76,814 | ▲ 70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,941 | €7,941 | €8,420 | €6,515 | €479 | ▼ 92.6% |
| Other operating charges640/8 | - | €470 | €251 | €982 | €1,027 | ▲ 4.6% |
| Gross operating margin9900 | €14,271 | €24,955 | €13,710 | €56,239 | €79,560 | ▲ 41.5% |
| Operating profit (loss)9901 | €2,402 | €6,430 | €5,038 | €3,760 | €1,240 | ▼ 67.0% |
| Financial income75/76B | - | €5 | €13 | €127 | - | - |
| Recurring financial income75 | - | €5 | €13 | €127 | - | - |
| Financial charges65/66B | - | €6 | €42 | €33 | €82 | ▲ 145% |
| Recurring financial charges65 | €12 | €6 | €42 | €33 | €82 | ▲ 145% |
| Profit (loss) for the period before taxes9903 | €2,390 | €6,428 | €5,009 | €3,854 | €1,158 | ▼ 70.0% |
| Income taxes67/77 | - | - | - | €838 | €276 | ▼ 67.0% |
| Profit (loss) for the period9904 | €2,390 | €6,428 | €5,009 | €3,017 | €881 | ▼ 70.8% |
| Profit (loss) for the period to be appropriated9905 | €2,390 | €6,428 | €5,009 | €3,017 | €881 | ▼ 70.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63,582 | €44,152 | €44,041 | €149,271 | €254,740 | ▲ 70.7% |
| Fixed assets21/28 | €21,345 | €13,403 | €8,143 | €1,628 | €1,149 | ▼ 29.4% |
| Tangible fixed assets22/27 | €21,345 | €13,403 | €8,143 | €1,628 | €1,149 | ▼ 29.4% |
| Furniture and vehicles24 | - | €13,403 | €8,143 | €1,628 | €1,149 | ▼ 29.4% |
| Current assets29/58 | €42,237 | €30,748 | €35,898 | €147,644 | €253,592 | ▲ 71.8% |
| Stocks and contracts in progress3 | €14,500 | €1,650 | €5,197 | €64,176 | €111,426 | ▲ 73.6% |
| Stocks30/36 | - | €1,650 | €5,197 | €64,176 | €111,426 | ▲ 73.6% |
| Amounts receivable within one year40/41 | €3,381 | €4,379 | €3,611 | €80,016 | €141,273 | ▲ 76.6% |
| Trade receivables40 | - | €3,320 | - | €71,400 | €136,757 | ▲ 91.5% |
| Other amounts receivable41 | - | €1,060 | €3,611 | €8,616 | €4,516 | ▼ 47.6% |
| Cash at bank and in hand54/58 | €24,356 | €24,719 | €27,089 | €3,452 | €893 | ▼ 74.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63,582 | €44,152 | €44,041 | €149,271 | €254,740 | ▲ 70.7% |
| Equity10/15 | €3,117 | €9,546 | €14,556 | €17,572 | €18,454 | ▲ 5.0% |
| Contributions10/11 | - | €1 | €1 | €1 | €1 | = |
| Reserves13 | €36 | €36 | €36 | €36 | €36 | = |
| Non-distributable reserves130/1 | - | €36 | €36 | €36 | €36 | = |
| Reserves not available under the articles1311 | - | €36 | €36 | €36 | €36 | = |
| Profit (loss) carried forward14 | €3,080 | €9,509 | €14,518 | €17,535 | €18,417 | ▲ 5.0% |
| Amounts payable17/49 | €60,465 | €34,606 | €29,485 | €131,699 | €236,287 | ▲ 79.4% |
| Amounts payable after more than one year17 | - | €16,408 | €11,609 | €8,410 | €8,410 | = |
| Financial debts170/4 | - | €16,408 | €11,609 | €8,410 | €8,410 | = |
| Amounts payable within one year42/48 | €60,465 | €18,197 | €17,876 | €123,289 | €227,877 | ▲ 84.8% |
| Current portion of amounts payable after more than one year42 | - | €4,799 | €4,799 | €4,799 | €4,799 | = |
| Trade debts44 | €41,407 | €1,696 | €7,717 | €86,725 | €186,239 | ▲ 115% |
| Suppliers440/4 | - | €1,696 | €7,717 | €86,725 | €186,239 | ▲ 115% |
| Taxes, remuneration and social security45 | - | €11,247 | €4,012 | €28,771 | €31,015 | ▲ 7.8% |
| Taxes450/3 | - | €242 | €1,062 | €9,771 | €14,549 | ▲ 48.9% |
| Remuneration and social security454/9 | - | €11,005 | €2,949 | €19,000 | €16,466 | ▼ 13.3% |
| Other amounts payable47/48 | - | €455 | €1,348 | €2,994 | €5,823 | ▲ 94.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,390 | €6,428 | €5,009 | €3,017 | €881 | ▼ 70.8% |
| + Depreciation and write-downs630 | €7,941 | €7,941 | €8,420 | €6,515 | €479 | ▼ 92.6% |
| Operating cash flow (approximation) | €10,331 | €14,370 | €13,430 | €9,532 | €1,361 | ▼ 85.7% |
| Investment in fixed assets (approximation) | - | €0 | -€3,160 | €0 | €0 | - |
| Change in cash | - | €363 | €2,371 | -€23,637 | -€2,559 | ▲ 89.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Highest result since 2019net €6,428 ▲169%
Operating result €6,430, net result €6,428, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.69
Current ratio from 0.70 to 1.69; short-term debt falls from €60,465 to €18,197.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 10 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Niklaas
Ground area
242 m²
Building footprint
254 m²
Volume, LiDAR
1,282 m³
Parcel 46447B0487/00C009, Flanders · tallest building 9.7 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46447B0487/00C009 | Flanders | 242 m² | 1 · 254 m² | 9.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VAN VAERENBERGH
BE 0768.902.766
Liedekerke · Eq €18,446
FOOD MEAT
BE 0475.828.649
Aalter · Eq €18,443
CARNA
BE 0439.562.032
Wommelgem · Eq €18,418
SVK Company
BE 0820.160.833
Elsene · Eq €18,551
Boucherie Letroye
BE 0732.939.324
Wanze · Eq €18,331
Of 3,042 companies in this sector we hold annual accounts for 1,568. 996 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded01-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
E-invoicing
Reachable via Peppol
Peppol ID
0208:0691653451
Also
9925:BE0691653451
Registered
04-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.