SALAA
ActiveSummary
The computed 12-month bankruptcy probability of SALAA is 1.8% (moderate). The 2025 annual accounts show negative equity (-€6,668) and a net result of €1,890. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 18% of 18606 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability47▲+1
Solvency11▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.88 against 0.79 in 2024; short-term debt: 114% and cash: 16.3% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 2025Solvency, return and age of the figures
Solvency
-14%
Return on assets
4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 18606 sector peers (2025).
NBB · sector comparisonPosition among 18606 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 10 filingsDeviation from the deadline
2025
13 d late
2024
28 d late
2023
71 d late
2022
226 d late
2021
78 d late
2020
31 d late
2019
82 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 76 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€6,668▲ 22.1%
2024 · -€8,557
Total assets
€47,694▲ 48.3%
2024 · €32,150
Net result
€1,890▲ 67.1%
2024 · €1,131
Working capital
-€6,668▲ 22.1%
2024 · -€8,557
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€8,889-€3,640€127€1,240▲ 877%€2,276▲ 83.5%
Net result€8,859within the sector's middle half▲ 200%-€4,019within the sector's middle half€48within the sector's middle half€1,131within the sector's middle half▲ 2,256%€1,890within the sector's middle half▲ 67.1%
Equity-€15,717below the sector's middle half▲ 36.0%-€19,736below the sector's middle half▼ 25.6%-€19,688below the sector's middle half▲ 0.2%-€8,557below the sector's middle half▲ 56.5%-€6,668below the sector's middle half▲ 22.1%
Total assets€26,429below the sector's middle half▲ 4.2%€26,158below the sector's middle half▼ 1.0%€44,778below the sector's middle half▲ 71.2%€32,150below the sector's middle half▼ 28.2%€47,694below the sector's middle half▲ 48.3%
Debt€42,146▼ 15.6%€45,893▲ 8.9%€64,466▲ 40.5%€40,708▼ 36.9%€54,362▲ 33.5%
Working capital-€15,717below the sector's middle half▲ 36.0%-€19,736below the sector's middle half▼ 25.6%-€19,688below the sector's middle half▲ 0.2%-€8,557within the sector's middle half▲ 56.5%-€6,668within the sector's middle half▲ 22.1%
Solvency-59.5%below the sector's middle half▲ 37.4pp-75.5%below the sector's middle half▼ 16.0pp-44.0%below the sector's middle half▲ 31.5pp-26.6%below the sector's middle half▲ 17.4pp-14.0%below the sector's middle half▲ 12.6pp
Current ratio0.63below the sector's middle half▲ 0.120.57below the sector's middle half▼ 0.060.69below the sector's middle half▲ 0.120.79below the sector's middle half▲ 0.100.88within the sector's middle half▲ 0.09
Return on assets (ROA)33.5%above the sector's middle half▲ 21.9pp-15.4%below the sector's middle half▼ 48.9pp0.1%within the sector's middle half▲ 15.5pp3.5%within the sector's middle half▲ 3.4pp4.0%within the sector's middle half▲ 0.4pp
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
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 84% above 2024.
Key figures and ratios
Quick ratio
0.24▲
2024 · 0.09
Debt to equity
-8.15▼
2024 · -4.76
Debt ≤ 1 year
€54,362▲
2024 · €40,708
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,381 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit under 5% of the balance sheet
2.0%
went bankrupt
3.1%
stopped otherwise
94%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,381 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1,878 | €12 | - | - | - | - |
| Other operating charges640/8 | - | €3,220 | - | €770 | €479 | ▼ 37.8% |
| Gross operating margin9900 | €10,767 | -€408 | €127 | €2,010 | €2,755 | ▲ 37.0% |
| Operating profit (loss)9901 | €8,889 | -€3,640 | €127 | €1,240 | €2,276 | ▲ 83.5% |
| Financial charges65/66B | €30 | €380 | €79 | €110 | €386 | ▲ 252% |
| Recurring financial charges65 | €30 | €380 | €79 | €110 | €386 | ▲ 252% |
| Profit (loss) for the period before taxes9903 | €8,859 | -€4,019 | €48 | €1,131 | €1,890 | ▲ 67.1% |
| Profit (loss) for the period9904 | €8,859 | -€4,019 | €48 | €1,131 | €1,890 | ▲ 67.1% |
| Profit (loss) for the period to be appropriated9905 | €8,859 | -€4,019 | €48 | €1,131 | €1,890 | ▲ 67.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26,429 | €26,158 | €44,778 | €32,150 | €47,694 | ▲ 48.3% |
| Current assets29/58 | €26,429 | €26,158 | €44,778 | €32,150 | €47,694 | ▲ 48.3% |
| Stocks and contracts in progress3 | €18,900 | €18,900 | €21,898 | €28,398 | €34,898 | ▲ 22.9% |
| Stocks30/36 | €18,900 | €18,900 | €21,898 | €28,398 | €34,898 | ▲ 22.9% |
| Amounts receivable within one year40/41 | - | - | - | €1,481 | €5,000 | ▲ 238% |
| Trade receivables40 | - | - | - | €1,131 | €5,000 | ▲ 342% |
| Other amounts receivable41 | - | - | - | €350 | - | - |
| Cash at bank and in hand54/58 | €7,529 | €7,258 | €10,379 | €2,271 | €7,796 | ▲ 243% |
| Deferred charges and accrued income490/1 | - | - | €12,500 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26,429 | €26,158 | €44,778 | €32,150 | €47,694 | ▲ 48.3% |
| Equity10/15 | -€15,717 | -€19,736 | -€19,688 | -€8,557 | -€6,668 | ▲ 22.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €16,200 | €16,200 | = |
| Outside capital11 | €6,200 | - | - | - | - | - |
| Other1109/19 | €6,200 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€21,917 | -€25,936 | -€25,888 | -€24,757 | -€22,868 | ▲ 7.6% |
| Amounts payable17/49 | €42,146 | €45,893 | €64,466 | €40,708 | €54,362 | ▲ 33.5% |
| Amounts payable within one year42/48 | €42,146 | €45,893 | €64,466 | €40,708 | €54,362 | ▲ 33.5% |
| Trade debts44 | €1,390 | €3,448 | €22,694 | €4,993 | €254 | ▼ 94.9% |
| Suppliers440/4 | €1,390 | €3,448 | €22,694 | €4,993 | €254 | ▼ 94.9% |
| Taxes, remuneration and social security45 | €5,456 | €11,635 | €11,310 | €8,423 | €7,716 | ▼ 8.4% |
| Taxes450/3 | €5,349 | €10,085 | €11,310 | €8,423 | €7,716 | ▼ 8.4% |
| Remuneration and social security454/9 | €106 | €1,550 | - | - | - | - |
| Other amounts payable47/48 | €35,300 | €30,811 | €30,461 | €27,292 | €46,392 | ▲ 70.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,859 | -€4,019 | €48 | €1,131 | €1,890 | ▲ 67.1% |
| Operating cash flow (approximation) | €8,859 | -€4,019 | €48 | €1,131 | €1,890 | ▲ 67.1% |
| Change in cash | - | -€271 | €3,122 | -€8,108 | €5,525 | ▲ 168% |
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
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 226 days late
2023
31-12
Financial
Back to profitnet €48
Net result €48 after one loss-making year.
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Highest result since 2018net €8,859 ▲200%
Operating result €8,889, net result €8,859, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
31-12
Financial
Back to profitnet €807
Net result €807 after one loss-making year.
09-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 40 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2015
Ground area
234 m²
Building footprint
225 m²
Volume, LiDAR
2,205 m³
2 parcels, Brussels · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SALAA
since 20152.240.715.044
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21001A0599/00E010 | Brussels | 118 m² | 1 · 119 m² | 17.0 m · 2 fl. |
| 21001A0599/00E012 | Brussels | 116 m² | 1 · 105 m² | 18.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,035 companies in sector 47721 we hold annual accounts for 583. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47721Retail sale of footwear
47519Retail trade
47722Retail trade
47784Retail sale of souvenirs and religious articles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0627876545
Registered
30-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.