SALAM SERVICES
Bankruptcy closedSummary
SALAM SERVICES was declared bankrupt (tribunal de commerce de Liège, division Liège, du); the bankruptcy declaration was reversed, published in the Belgian State Gazette on 19-06-2015. The 2010 annual accounts show equity of €9k and a net result of €4k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2010 was due by 31-07-2011 and was filed on 21-09-2011, 52 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2010, full schema
Turnover
€12k▼ 2.8%
2009 · €12k
EBIT margin
39.3%▲ 35.4pp
2009 · 3.9%
Net result
€4k▲ 1,162%
2009 · €351
Working capital
€9k▲ 106%
2009 · €4k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line200720092010
Turnover€5k-€12k-€12k▼ 2.8%
Operating result€-373-€463-€5k▲ 879%
Net result€-283-€351-€4k▲ 1,162%
EBIT margin-7.5%-3.9%-39.3%▲ 35.4pp
Equity€6k-€4k-€9k▲ 103%
Total assets€7k-€5k-€11k▲ 119%
Debt€719-€513-€2k▲ 256%
Working capital€6k-€4k-€9k▲ 106%
Result per fiscal year
Operating resultNet result
The operating result rises in 2010; 2010 is 879% above 2009 and is the highest result in the available series.
Balance-sheet composition
2010 in colour, 2009 as the grey bar beneath
Assets €11k
Fixed assets
€141 =
Current assets
€10k ▲ 123%
Equity and liabilities €11k
Equity
€9k ▲ 103%
Debt
€2k ▲ 256%
Debt's share of the balance-sheet total rises from 10.7% to 17.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
5.70
ROE
50.7%
ROA
41.9%
Debt ≤ 1 year
€2k▲
2009 · €513
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2009 | 2010 | Change |
|---|---|---|---|---|
| Turnover70 | €5k | €12k | €12k | ▼ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70 | €70 | - | - |
| Gross operating margin9900 | €-303 | €803 | €5k | ▲ 465% |
| Operating profit (loss)9901 | €-373 | €463 | €5k | ▲ 879% |
| Recurring financial income75 | €95 | - | - | - |
| Recurring financial charges65 | €5 | €112 | €102 | ▼ 8.9% |
| Profit (loss) for the period before taxes9903 | €-283 | €351 | €4k | ▲ 1,162% |
| Profit (loss) for the period9904 | €-283 | €351 | €4k | ▲ 1,162% |
| Profit (loss) for the period to be appropriated9905 | €-283 | €351 | €4k | ▲ 1,162% |
| Line | 2007 | 2009 | 2010 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €7k | €5k | €11k | ▲ 119% |
| Fixed assets21/28 | €282 | €141 | €141 | = |
| Tangible fixed assets22/27 | €282 | €141 | €141 | = |
| Current assets29/58 | €6k | €5k | €10k | ▲ 123% |
| Amounts receivable within one year40/41 | €6k | - | - | - |
| Cash at bank and in hand54/58 | €854 | €5k | €10k | ▲ 123% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €7k | €5k | €11k | ▲ 119% |
| Equity10/15 | €6k | €4k | €9k | ▲ 103% |
| Contributions10/11 | €6k | €6k | €6k | = |
| Reserves13 | - | - | €126 | - |
| Profit (loss) carried forward14 | €-283 | €-2k | €2k | ▲ 226% |
| Amounts payable17/49 | €719 | €513 | €2k | ▲ 256% |
| Amounts payable within one year42/48 | €719 | €513 | €2k | ▲ 256% |
| Trade debts44 | €296 | €513 | €569 | ▲ 10.8% |
| Line | 2007 | 2009 | 2010 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-283 | €351 | €4k | ▲ 1,162% |
| + Depreciation and write-downs630 | €70 | €70 | - | - |
| Operating cash flow (approximation) | €-213 | €421 | €4k | ▲ 951% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | - | €6k | - |
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
2015
19-06
Bankruptcy
Bankruptcy reversal
tribunal de commerce de Liège, division Liège, du
2011
21-09
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 52 days late
2010
31-12
Financial
Highest result since 2007net €4k ▲1,162%
Operating result €5k, net result €4k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 60 days late
2009
31-12
Financial
Back to profitnet €351
Net result €351 after one loss-making year.
2008
25-08
NBB filing
Annual accounts filed
fiscal year 2007 · full schema · 25 days late
SignalFinancial 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Liège · 1 establishment unit since 2013
Ground area
36 m²
Building footprint
36 m²
Parcel 62808A0319/00T000, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
SALAM SERVICES
since 20132.227.423.965
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62808A0319/00T000 | Wallonia | 36 m² | 1 · 36 m² | - |
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
KNIP & KRUL
BE 0810.728.572
Pajottegem · Eq €8,729
Barbier Tom
BE 0645.724.743
Lievegem · Eq €8,721
green salon
BE 0893.033.864
Chaumont-Gistoux · Eq €8,743
ZIKO SERVICES CONFORT
BE 0724.847.841
Sint-Jans-Molenbeek · Eq €8,764
ST Company
BE 0755.546.163
Gent · Eq €8,785
Of 21,739 companies in sector 96210 we hold annual accounts for 2,827. 2,232 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded11-05-2007
Fiscal year end31-12
Activities, NACEBEL 2025
96210Hairdressing and barber services
Scores and ratios are computed by Checked and are not a credit decision.