Equity
€1.5m ▲ 13.3%
SALAER has made a profit without a break since 2015.
SALAER
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1996peak €843,855 (2007)
€344,133▲ 16.7%
lowest -€369,717 (2010)
€171,808▲ 20.2%
peak €1.5m (2025)
€1.5m▲ 13.3%
€788,756▼ 25.9%
peak 6.6 FTE (2008)
-not published
Board4 names since 2020
4 directorsAerts Hilde and 3 others
Documentsfilings and deeds
17-08-202617 days late
2025financial year
Gross margin from €294,950 to €344,133Equity from €1.3m to €1.5mDebts from €1.1m to €788,756Investments €104,173
Key points
from the 2025 annual accountsInvestments
€104,173 2.7 × depreciation
Green is investment, beige is depreciation. Machinery stands 7885950.0% higher than in 2024.
Filings
30 annual accounts since 1996
Four of the last ten came late. The 2016 accounts came latest: 30 days after the end of the period.
Checked score
97
Excellent
Financially stronger than 74% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: 0.1%▲ +0.1 percentage points vs 06-2025
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026highest value
09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €2.2m
Founded in 1996
Figures for financial year 2025 (filed on 17-08-2026)
Equity €1.5m (64.9% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 74% of them on solvency, 71% on liquidity, 78% on profitability and 74% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.52 (0.86 in 2024), below 1. Short-term debt is 14.5% and cash 5.6% of total assets. 35.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
17 days late
2024
on the day
2023
8 days late
2022
38 days early
2021
2 days early
2020
33 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 11 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0457717264
2 directors resigning, 2 reappointments
Resignations: SALEN Chris Prosper Mathilde and AERTS Hilde Carine · Reappointments: SALEN Chris Prosper Mathilde and AERTS Hilde Carine · Director discharge: SALEN Chris Prosper Mathilde · Gazette deed
Reappointments: Salen Chris (managing director) and Aerts Hilde (managing director)
General meeting of 25-05-2020 · Gazette deed
Registered office moved from Hasselt to Lichtaart
New registered office: Mezenstraat 12, 2460 Lichtaart · Previous registered office: Sint-Truidersteenweg 319, 3500 Hasselt, België · Board meeting of 08-06-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SALAER Kasterlee | €2.2m | €344,133 | 64.9% | - |
| ENERGIE WEST Zandhoven | €2.2m | €278,430 | 64.8% | 0 |
| GSS Aartselaar | €2.5m | €265,166 | 5.1% | - |
| GEMABEL Chaudfontaine | €2.2m | €306,702 | 38.5% | - |
| DEMO Zwalm | €2.3m | €390,425 | 76.9% | - |
| Masterss Property Bilzen-Hoeselt | €2.6m | €328,805 | 12.8% | - |
| VYNCKIER C. Sint-Martens-Latem | €2.7m | €327,280 | 60.7% | - |
These companies have the same main activity as SALAER: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €2.2m and €2.7m, founded between 1991 and 1999.
Official details
Source: KBO- Status
- Active since 03-04-1996Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 4 others
- Establishment unit
- 2.122.381.9722460 Kasterlee, since 21-02-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 29-09-2025
Insights on SALAER
SALAER has existed since 1996. The gross margin fell from €772,750 in 2006 to €344,133 in 2025.
Solvency rose in 2025 from 54.7% to 64.9% because of the retained profit and lower debts.
In April 2022, the Official Gazette published the appointment of Aerts Hilde as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SALAER
- What is the company number of SALAER?
- The company number of SALAER is 0457.717.264. The VAT number is the same number with BE in front: BE 0457.717.264.
- Where is SALAER based?
- The registered office is at Mezenstraat 12, 2460 Kasterlee.Company details
- What does SALAER do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of SALAER?
- SALAER is a public limited company (NV).
- When was SALAER founded?
- SALAER was founded on 03-04-1996.
- Is SALAER still active?
- Yes, SALAER is an active enterprise in the KBO register.
- How many employees does SALAER have?
- SALAER had an average of 0.5 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of SALAER?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €344,133 and 39 comparable companies (NACE 68203). It probably lies between €360,000 and €470,000.
- Is SALAER profitable?
- In financial year 2025, SALAER made a profit of €171,808.
- Where can I find the annual accounts of SALAER?
- SALAER filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SALAER due?
- SALAER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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