SALAM
ActiveSummary
SALAM has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42k and a net result of €29k. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 18% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▲+36
Solvency32▲+5
Growth31=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.52 against 0.5 in 2024; short-term debt: 62% 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
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.2%
Return on assets
5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 4157 sector peers (2025).
NBB · sector comparisonPosition among 4157 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
74 d late
2023
84 d late
2022
401 d late
2021
122 d late
2020
249 d late
2019
131 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€929k▲ 10.1%
2019 · €844k
2018: €965k
2019: €844k
2018 → 2020
EBIT margin
4.1%▼ 7.5pp
2019 · 11.6%
2018: 19.2%
2019: 11.6%
2018 → 2020
Net result
€29k
2024 · €-22k
2018: €103k
2019: €54k
2020: €-109
2021: €12k
2022: €12k
2023: €-55k
2024: €-22k
2018 → 2025
Working capital
€-172k▲ 2.8%
2024 · €-177k
2018: €39k
2019: €58k
2020: €50k
2021: €-10k
2022: €-265
2023: €-61k
2024: €-177k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€181k-€192k▲ 6.4%€137k▼ 28.6%€13k▼ 90.8%€42k▲ 232%
Operating result€37k-€34k▼ 8.3%€-32k€12k€56k▲ 370%
Net result€12k-€12k▼ 5.6%€-55k€-22k▲ 60.0%€29k
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 370% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €580k
Fixed assets
€392k ▼ 7.7%
Current assets
€188k ▲ 6.6%
Equity and liabilities €580k
Equity
€42k ▲ 232%
Debt
€538k ▼ 8.6%
Debt's share of the balance-sheet total falls from 97.9% to 92.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89k▲
2024 · €45k
Cash flow
€62k▲
2024 · €11k
Current ratio
0.52▲
2024 · 0.50
Quick ratio
0.49▲
2024 · 0.45
Debt to equity
12.88▼
2024 · 46.72
ROE
69.8%▲
2024 · -174.6%
ROA
5.0%▲
2024 · -3.7%
Interest coverage
4.28▲
2024 · 1.33
Debt ≤ 1 year
€359k▲
2024 · €353k
Debt > 1 year
€179k▼
2024 · €236k
Income taxes
€6k▲
2024 · €317
Staff costs
€162k▲
2024 · €150k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€601k€580k▼
Fixed assets21/28€425k€392k▼
Tangible fixed assets22/27€425k€392k▼
Land and buildings22€420k€390k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€176k€188k▲
Stocks and contracts in progress3€17k€10k▼
Stocks30/36€17k€10k▼
Amounts receivable within one year40/41€153k€172k▲
Trade receivables40€71k€89k▲
Other amounts receivable41€82k€83k▲
Cash at bank and in hand54/58€4k€2k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€601k€580k▼
Equity10/15€13k€42k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€68k€68k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€66k€66k=
Profit (loss) carried forward14€-62k€-33k▲
Amounts payable17/49€588k€538k▼
Amounts payable after more than one year17€236k€179k▼
Financial debts170/4€236k€179k▼
Amounts payable within one year42/48€353k€359k▲
Current portion of amounts payable after more than one year42€66k€59k▼
Financial debts43€15k€14k▼
Credit institutions430/8€15k€14k▼
Trade debts44€212k€231k▲
Suppliers440/4€212k€231k▲
Taxes, remuneration and social security45€53k€53k▼
Taxes450/3€37k€40k▲
Remuneration and social security454/9€16k€13k▼
Other amounts payable47/48€7k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€150k€162k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€33k▲
Other operating charges640/8€4k€8k▲
Gross operating margin9900€198k€260k▲
Operating profit (loss)9901€12k€56k▲
Financial charges65/66B€34k€21k▼
Recurring financial charges65€34k€21k▼
Profit (loss) for the period before taxes9903€-22k€36k▲
Income taxes67/77€317€6k▲
Profit (loss) for the period9904€-22k€29k▲
Profit (loss) for the period to be appropriated9905€-22k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-62k€-33k▲
Profit (loss) brought forward from the previous period14P€-40k€-62k▼
Social balance
Average headcount (FTE)9087-3.0
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €29k
Net result €29k after 2 loss-making years.
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 74 days late
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 84 days late
04-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 401 days late
2023
31-12
Financial
Weakest financial yearnet €-55k ▼577%
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 122 days late
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 249 days late
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 131 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 488 days late
2019
31-12
Financial
Equity above €150kEq €168k ▲47.5%
2 profitable years in a row build equity to €168k.
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2001
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.
Avenue Provinciale 1241341 Ottignies-Louvain-la-NeuveGround area
822 m²
Building footprint
347 m²
Parcel 25016A0172/00Y003, Wallonia. Linked by address, not a title deed.
1 establishment unit
Avenue Provinciale 124, 1341 Ottignies-Louvain-la-Neuve
since 20012.098.676.459
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25016A0172/00Y003 | Wallonia | 822 m² | 1 · 347 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOttignies-Louvain-la-Neuve2.098.676.459
Similar companies · same sector, comparable size
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AMIR AL JAWDA
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Boucherie Charcuterie WYNANT et FILS
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Boucherie DE POOTER
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,564. 1,272 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-12-2001
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.