Salaco
ActiveSalaco has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.86M and a net result of €70k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 72% of 6008 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
76
/ 100
Excellent▲ +16 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▲+19
Solvency98▼-1
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 2.08 in 2023), and 38% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
62%
Return on assets
2.3%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
37 d early
2022
35 d early
2021
25 d late
2020
2 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€70k
2023 · €-6k
2018: €20k
2019: €18k
2020: €4k
2021: €10k
2022: €-19k
2023: €-6k
2018 → 2024
Working capital
€1.01M▼ 11.2%
2023 · €1.14M
2018: €1.78M
2019: €1.80M
2020: €1.81M
2021: €1.81M
2022: €1.42M
2023: €1.14M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.80M-€1.81M▲ 0.5%€1.79M▼ 1.0%€1.79M▼ 0.3%€1.86M▲ 3.9%
Operating result€-29k-€-25k▲ 13.0%€-41k▼ 64.0%€-24k▲ 41.4%€-64k▼ 164%
Net result€4k-€10k▲ 152%€-19k€-6k▲ 67.1%€70k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €64k in 2024 against €24k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.00M
Fixed assets
€905k▲ 28.8%
Current assets
€2.09M▼ 4.7%
Equity and liabilities €3.00M
Equity
€1.86M▲ 3.9%
Debt
€1.14M▲ 2.5%
The debt ratio falls from 38.3% to 38.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€-63k▼
2023 · €-24k
Cash flow
€71k▲
2023 · €-6k
Solvency
62.0%▲
2023 · 61.7%
Current ratio
1.94▼
2023 · 2.08
Quick ratio
1.94▼
2023 · 2.08
Debt / equity
0.61▼
2023 · 0.62
ROE
3.8%▲
2023 · -0.3%
ROA
2.3%▲
2023 · -0.2%
Interest coverage
-0.83▼
2023 · -0.32
Debt
€1.14M▲
2023 · €1.11M
Debt ≤ 1 year
€1.08M▲
2023 · €1.05M
Income taxes
€28k▲
2023 · €3k
Staff costs
€152k▲
2023 · €121k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.90M€3.00M▲
Fixed assets21/28€703k€905k▲
Tangible fixed assets22/27€3k€4k▲
Furniture and vehicles24€3k€4k▲
Financial fixed assets28€700k€902k▲
Current assets29/58€2.19M€2.09M▼
Amounts receivable within one year40/41€77k€86k▲
Trade receivables40€77k€77k▲
Other amounts receivable41€617€9k▲
Current investments50/53€1.81M€1.66M▼
Cash at bank and in hand54/58€250k€273k▲
Deferred charges and accrued income490/1€60k€69k▲
Equity and liabilities
Total equity and liabilities10/49€2.90M€3.00M▲
Equity10/15€1.79M€1.86M▲
Contributions10/11€1.40M€1.40M=
Capital10€1.40M€1.40M=
Issued capital100€1.40M€1.40M=
Reserves13€140k€140k=
Non-distributable reserves130/1€140k€140k=
Legal reserve130€140k€140k=
Distributable reserves133€496€496=
Profit (loss) carried forward14€247k€317k▲
Amounts payable17/49€1.11M€1.14M▲
Amounts payable within one year42/48€1.05M€1.08M▲
Financial debts43-€10
Credit institutions430/8-€10
Trade debts44€23k€32k▲
Suppliers440/4€23k€32k▲
Taxes, remuneration and social security45€30k€44k▲
Taxes450/3€10k€16k▲
Remuneration and social security454/9€20k€28k▲
Other amounts payable47/48€1.00M€1.00M▲
Accrued charges and deferred income492/3€56k€60k▲
Income statement
Code20232024
Remuneration, social security and pensions62€121k€152k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€645€794▲
Other operating charges640/8€960€968▲
Non-recurring operating charges66A-€227
Gross operating margin9900€98k€90k▼
Operating profit (loss)9901€-24k€-64k▼
Financial income75/76B€114k€239k▲
Recurring financial income75€114k€239k▲
Financial charges65/66B€93k€76k▼
Recurring financial charges65€74k€76k▲
Non-recurring financial charges66B€19k-
Profit (loss) for the period before taxes9903€-3k€98k▲
Income taxes67/77€3k€28k▲
Profit (loss) for the period9904€-6k€70k▲
Profit (loss) for the period to be appropriated9905€-6k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€247k€317k▲
Profit (loss) brought forward from the previous period14P€253k€247k▼
Social balance
Average headcount (FTE)90871.01.3▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €70k
Net result €70k after 2 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-19k ▼293%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 16 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Ukkel · 1 establishment unit since 1992
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Marie Depagestraat 191180 UkkelGround area
1,142 m²
Building footprint
634 m²
Volume, LiDAR
9,652 m³
2 parcels, Brussels, Wallonia · tallest building 20.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Rue Saint-Georges 5 7, 4000 Liège
since 19922.006.195.471
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0279/00V005 | Brussels | 1,016 m² | 1 · 590 m² | 20.5 m · 5 fl. |
| 62810C0909/00G000 | Wallonia | 126 m² | 1 · 43 m² | 16.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
9676003YW378A0E0DP64
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Of 841 companies in sector 46810 we hold annual accounts for 473. 319 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL
46810Wholesale of solid, liquid and gaseous fuels and related products
46412Wholesale of household textiles and bedding
51410
64999Other financial services
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.