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SALAMANDER

Active
Public limited companyfounded 20179 yrs activeGrachtstraat 36, 2470 Retie, BelgiumKBO/BCE: BE 0681.745.791
Summary

The annual accounts of SALAMANDER for fiscal year 2024 show a net loss of 70% of the equity at the start of that year. The 2024 annual accounts show equity of €26,429 and a net result of -€62,839. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 4345 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency35▼-23
Growth85=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.06 against 1.45 in 2023; short-term debt: 83.1% and cash: 5.5% of total assets), and 89.7% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer 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 2024
Solvency, return and age of the figures
Solvency
10.3%
Return on assets
-24.5%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€62,839
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 4345 sector peers (2024).
NBB · sector comparison
Position among 4345 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
65 d late
2022
59 d late
2021
19 d late
2020
37 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 40 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 September 2017, SALAMANDER was incorporated.1 Revenue went from EUR 54,927 in 2018 to EUR 195,342 in 2021 and headcount from 1.7 full-time equivalents in 2018 to 0.8 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2021 and 2023

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Financials · fiscal year 2024, micro schema

Turnover
€195,342▲ 37.6%
2020 · €141,935
EBIT margin
-171.4%▲ 48.9pp
2020 · -220.3%
Net result
-€62,839▲ 29.3%
2023 · -€88,848
Working capital
€12,166▼ 82.9%
2023 · €71,247
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, 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
Line20202021202220232024
Turnover€141,935▲ 46.9%€195,342▲ 37.6%
Operating result-€312,631▲ 4.8%-€334,837▼ 7.1%€754,202-€83,907-€58,348▲ 30.5%
Net result-€360,320below the sector's middle half▼ 1.1%-€398,035below the sector's middle half▼ 10.5%€732,456above the sector's middle half-€88,848below the sector's middle half-€62,839below the sector's middle half▲ 29.3%
EBIT margin-220.3%▲ 119.7pp-171.4%▲ 48.9pp
Equity-€974,805below the sector's middle half▼ 58.6%-€1.4mbelow the sector's middle half▼ 40.8%€178,116above the sector's middle half€89,268within the sector's middle half▼ 49.9%€26,429within the sector's middle half▼ 70.4%
Total assets€292,684within the sector's middle half▲ 2.3%€346,869within the sector's middle half▲ 18.5%€289,260above the sector's middle half▼ 16.6%€274,652above the sector's middle half▼ 5.1%€256,971above the sector's middle half▼ 6.4%
Debt€1.3m▲ 40.7%€1.7m▲ 35.7%€111,144▼ 93.5%€185,384▲ 66.8%€230,542▲ 24.4%
Working capital-€1.0mbelow the sector's middle half▼ 51.0%-€1.4mbelow the sector's middle half▼ 38.0%€154,655above the sector's middle half€71,247within the sector's middle half▼ 53.9%€12,166within the sector's middle half▼ 82.9%
Solvency-333.1%below the sector's middle half▼ 118.4pp-395.8%below the sector's middle half▼ 62.7pp61.6%within the sector's middle half▲ 457.4pp32.5%within the sector's middle half▼ 29.1pp10.3%below the sector's middle half▼ 22.2pp
Current ratio0.20below the sector's middle half▼ 0.060.19below the sector's middle half▼ 0.013.03within the sector's middle half▲ 2.841.45within the sector's middle half▼ 1.591.06within the sector's middle half▼ 0.39
Return on assets (ROA)-123.1%below the sector's middle half▲ 1.5pp-114.8%below the sector's middle half▲ 8.4pp253.2%above the sector's middle half▲ 368.0pp-32.3%below the sector's middle half▼ 285.6pp-24.5%below the sector's middle half▲ 7.9pp
Staff (FTE)2.8within the sector's middle half▲ 21.7%2.5within the sector's middle half▼ 10.7%0.8
above within below the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0mOperating result 2020: -€312,631-€312,631Net result 2020: -€360,320-€360,320Operating result 2021: -€334,837-€334,837Net result 2021: -€398,035-€398,035Operating result 2022: €754,202€754,202Net result 2022: €732,456€732,456Operating result 2023: -€83,907-€83,907Net result 2023: -€88,848-€88,848Operating result 2024: -€58,348-€58,348Net result 2024: -€62,839-€62,83920202021202220232024-€250,000€0€250,000€500,000€750,000Operating result 2022: €754,202€754,000Net result 2022: €732,456€732,000Operating result 2023: -€83,907-€83,900Net result 2023: -€88,848-€88,800Operating result 2024: -€58,348-€58,300Net result 2024: -€62,839-€62,800202220232024
The operating result stays negative: a loss of €58,348 in 2024 against €83,907 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €256,971
Fixed assets €31,345 ▼ 29.3%
Current assets €225,626 ▼ 2.0%
Equity and liabilities €256,971
Equity €26,429 ▼ 70.4%
Debt €230,542 ▲ 24.4%
Debt's share of the balance-sheet total rises from 67.5% to 89.7%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€45,228▲
2023 · -€67,423
Cash flow
-€49,719▲
2023 · -€72,363
Quick ratio
0.38▲
2023 · 0.36
Debt to equity
8.72▲
2023 · 2.08
ROE
-237.8%▼
2023 · -99.5%
Interest coverage
-11.53▲
2023 · -15.45
Debt ≤ 1 year
€213,461▲
2023 · €159,100
Debt > 1 year
€17,081▼
2023 · €26,284
Income taxes
€570▼
2023 · €578
Staff costs
€0▼
2023 · €25,303
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,133 companies that looked in July 2024 the way this one looks now, 6.4% went bankrupt within 24 months and 86% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
6.4% went bankrupt
6.6% stopped otherwise
86% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,133 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet Code20232024
Assets
Total assets20/58€274,652€256,971▼
Fixed assets21/28€44,305€31,345▼
Tangible fixed assets22/27€44,305€31,185▼
Plant, machinery and equipment23€3,157€1,071▼
Furniture and vehicles24€6,140€4,558▼
Leasing and similar rights25€34,410€25,289▼
Other tangible fixed assets26€597€267▼
Financial fixed assets28-€160
Current assets29/58€230,347€225,626▼
Stocks and contracts in progress3€173,092€144,442▼
Stocks30/36€173,092€144,442▼
Amounts receivable within one year40/41€54,014€62,306▲
Trade receivables40€42,438€49,319▲
Other amounts receivable41€11,576€12,987▲
Cash at bank and in hand54/58€1,564€14,140▲
Deferred charges and accrued income490/1€1,676€4,737▲
Equity and liabilities
Total equity and liabilities10/49€274,652€256,971▼
Equity10/15€89,268€26,429▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Profit (loss) carried forward14€27,268-€35,571▼
Amounts payable17/49€185,384€230,542▲
Amounts payable after more than one year17€26,284€17,081▼
Financial debts170/4€26,284€17,081▼
Amounts payable within one year42/48€159,100€213,461▲
Current portion of amounts payable after more than one year42€57,380€56,762▼
Trade debts44€5,496€968▼
Suppliers440/4€5,496€968▼
Taxes, remuneration and social security45€6,952€7,356▲
Taxes450/3€6,952€7,356▲
Remuneration and social security454/9€0-
Other amounts payable47/48€89,272€148,374▲
Income statement Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€25,303€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,485€13,120▼
Other operating charges640/8€2,817€2,589▼
Gross operating margin9900-€39,302-€42,639▼
Operating profit (loss)9901-€83,907-€58,348▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€4,363€3,922▼
Recurring financial charges65€4,363€3,922▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903-€88,269-€62,269▲
Income taxes67/77€578€570▼
Profit (loss) for the period9904-€88,848-€62,839▲
Profit (loss) for the period to be appropriated9905-€88,848-€62,839▲
Appropriation of the result
Profit (loss) to be appropriated9906€27,268-€35,571▼
Profit (loss) brought forward from the previous period14P€116,116€27,268▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€141,935€195,342----
Non-recurring operating income76A--€1.0m€0--
Goods, raw materials, services and sundry goods60/61-€327,924----
Remuneration, social security and pensions62-€146,078€60,983€25,303€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,873€11,451€10,030€16,485€13,120▼ 20.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€27,389€0---
Other operating charges640/8-€1,071€5,406€2,817€2,589▼ 8.1%
Non-recurring operating charges66A-€17,946----
Gross operating margin9900-€168,521-€130,903€830,621-€39,302-€42,639▼ 8.5%
Operating profit (loss)9901-€312,631-€334,837€754,202-€83,907-€58,348▲ 30.5%
Financial income75/76B-€46€0€1€0▼ 100%
Recurring financial income75€181€46€0€1€0▼ 100%
Financial charges65/66B-€62,830€21,567€4,363€3,922▼ 10.1%
Recurring financial charges65€46,965€62,830€21,021€4,363€3,922▼ 10.1%
Non-recurring financial charges66B--€546€0--
Profit (loss) for the period before taxes9903-€359,415-€397,621€732,635-€88,269-€62,269▲ 29.5%
Income taxes67/77€905€414€179€578€570▼ 1.5%
Profit (loss) for the period9904-€360,320-€398,035€732,456-€88,848-€62,839▲ 29.3%
Profit (loss) for the period to be appropriated9905-€360,320-€398,035€732,456-€88,848-€62,839▲ 29.3%
Line20202021202220232024Change
Assets
Total assets20/58€292,684€346,869€289,260€274,652€256,971▼ 6.4%
Fixed assets21/28€35,336€17,191€58,562€44,305€31,345▼ 29.3%
Tangible fixed assets22/27€35,336€17,191€58,562€44,305€31,185▼ 29.6%
Plant, machinery and equipment23-€8,441€6,770€3,157€1,071▼ 66.1%
Furniture and vehicles24-€613€5,474€6,140€4,558▼ 25.8%
Leasing and similar rights25--€43,532€34,410€25,289▼ 26.5%
Other tangible fixed assets26-€8,137€2,786€597€267▼ 55.2%
Financial fixed assets28----€160-
Current assets29/58€257,348€329,678€230,698€230,347€225,626▼ 2.0%
Stocks and contracts in progress3€174,718€229,214€170,352€173,092€144,442▼ 16.6%
Stocks30/36-€229,214€170,352€173,092€144,442▼ 16.6%
Amounts receivable within one year40/41€35,679€77,940€14,899€54,014€62,306▲ 15.4%
Trade receivables40-€53,761€11,220€42,438€49,319▲ 16.2%
Other amounts receivable41-€24,179€3,679€11,576€12,987▲ 12.2%
Cash at bank and in hand54/58€13,036€15,792€36,294€1,564€14,140▲ 804%
Deferred charges and accrued income490/1-€6,731€9,153€1,676€4,737▲ 183%
Equity and liabilities
Total equity and liabilities10/49€292,684€346,869€289,260€274,652€256,971▼ 6.4%
Equity10/15-€974,805-€1.4m€178,116€89,268€26,429▼ 70.4%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10-€62,000€62,000€62,000€62,000=
Issued capital100-€62,000€62,000€62,000€62,000=
Profit (loss) carried forward14-€1.0m-€1.4m€116,116€27,268-€35,571▼ 230%
Amounts payable17/49€1.3m€1.7m€111,144€185,384€230,542▲ 24.4%
Amounts payable after more than one year17--€35,101€26,284€17,081▼ 35.0%
Financial debts170/4--€35,101€26,284€17,081▼ 35.0%
Amounts payable within one year42/48€1.3m€1.7m€76,043€159,100€213,461▲ 34.2%
Current portion of amounts payable after more than one year42--€8,448€57,380€56,762▼ 1.1%
Trade debts44€43,981€62,480€20,738€5,496€968▼ 82.4%
Suppliers440/4-€62,480€20,738€5,496€968▼ 82.4%
Advances received on contracts in progress46-€1,080€0---
Taxes, remuneration and social security45-€17,524€11,193€6,952€7,356▲ 5.8%
Taxes450/3-€849€6,386€6,952€7,356▲ 5.8%
Remuneration and social security454/9-€16,674€4,807€0--
Other amounts payable47/48-€1.6m€35,664€89,272€148,374▲ 66.2%
Accrued charges and deferred income492/3-€9,337€0---
Line20202021202220232024Change
Profit (loss) for the period9904-€360,320-€398,035€732,456-€88,848-€62,839▲ 29.3%
+ Depreciation and write-downs630€15,873€11,451€10,030€16,485€13,120▼ 20.4%
Operating cash flow (approximation)-€344,447-€386,583€742,486-€72,363-€49,719▲ 31.3%
Investment in fixed assets (approximation)-€6,694-€51,402-€2,227-€160▲ 92.8%
Change in cash-€2,757€20,501-€34,729€12,576▲ 136%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
04-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
28-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial Back to profitnet €732,456
Net result €732,456 after 4 loss-making years.
31-12
Financial Liquidity times 16current ratio 3.03
Current ratio from 0.19 to 3.03; short-term debt falls from €1.7m to €76,043.
31-12
Financial Equity above €150,000Eq €178,116
Equity rises from -€1.4m to €178,116.
19-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
31-12
Financial Weakest financial yearnet -€398,035
Net result drops to -€398,035, the lowest in the series; recovery starts the following year.
06-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 37 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
05-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
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, Retie · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
928 m²
Building footprint
152 m²
Volume, LiDAR
770 m³
Parcel 13036E0495/00W033, Flanders · tallest building 13.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SALAMANDER
Grachtstraat 36, 2470 RetieRetail sale of clothing and accessories for women, men, children and babies (general range)
since 20172.270.536.408
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13036E0495/00W033 Flanders 928 m² 1 · 152 m² 13.5 m · 2 fl.
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.

Structure & network

Owners and holdings

Owners 0

No owner stated in the accounts, acts or LEI register we read.

Stated earlier (1)

An older source named these owners; newer accounts no longer list them.

Holdings 0

The accounts to 31-12-2021 list no holdings, and no other source names one.

According to the 2021 annual accounts of SALAMANDER and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 12,000 EUR awarded · 12,000 EUR paid
Year Entries awardedpaid
2023 1 12,000 EUR12,000 EUR
Schemes
1 entry · 12,000 EUR · 12,000 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen

Similar companies · same sector, comparable size

Of 3,838 companies in sector 74111 we hold annual accounts for 1,006. 528 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded26-09-2017
Fiscal year end31-12
Activities, NACEBEL 2025
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
47120Other non-specialised retail sale
47711Retail sale of women's outerwear
47715Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
E-invoicing
Reachable via Peppol
Peppol ID 0208:0681745791
Also 9925:BE0681745791
Registered 23-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.