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SALAMAT

Open bankruptcy
Private limited company (pre-2019)founded 2008Aldenhovenweide 16, 3511 Hasselt, BelgiumKBO/BCE: BE 0896.566.446

A bankruptcy procedure is open for SALAMAT according to publications in the Belgian State Gazette; curator: CAROLINE DE LEPELEIRE.

Summary

The 2021 annual accounts show equity of €404,976 and a net result of €55,602.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Brussels
Declared bankrupt
20 February 2024
Supervising judge
Kris Geysels
Official Gazette
26-02-2024 (pdf) ↗search the document for 2024/107659

Deadlines

Provisional date payments stopped
20 February 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 12 March 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 21 March 2024art. XX.104 and XX.155 CEL
First verification report
passed on 27 March 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 20 February 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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 19 March 2008, SALAMAT was incorporated.1 Total assets went from EUR 630,334 in 2018 to EUR 865,418 in 2021.2 The company was declared bankrupt on 20 February 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 26-02-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, abbreviated schema

Equity
€404,976▲ 14.9%
2020 · €352,374
Total assets
€865,418▲ 18.9%
2020 · €728,112
Net result
€55,602▼ 28.0%
2020 · €77,193
Working capital
€306,064▲ 35.9%
2020 · €225,258
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
Line2018201920202021
Operating result€96,925-€113,013▲ 16.6%€85,950▼ 23.9%€70,366▼ 18.1%
Net result€74,582-€45,231▼ 39.4%€77,193▲ 70.7%€55,602▼ 28.0%
Equity€239,950-€280,181▲ 16.8%€352,374▲ 25.8%€404,976▲ 14.9%
Total assets€630,334-€514,741▼ 18.3%€728,112▲ 41.5%€865,418▲ 18.9%
Debt€390,384-€234,560▼ 39.9%€375,738▲ 60.2%€460,442▲ 22.5%
Working capital€203,692-€246,423▲ 21.0%€225,258▼ 8.6%€306,064▲ 35.9%
Staff (FTE)11=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2018: €96,925€96,925Net result 2018: €74,582€74,582Operating result 2019: €113,013€113,013Net result 2019: €45,231€45,231Operating result 2020: €85,950€85,950Net result 2020: €77,193€77,193Operating result 2021: €70,366€70,366Net result 2021: €55,602€55,6022018201920202021€0€50,000€100,000Operating result 2019: €113,013€113,000Net result 2019: €45,231€45,200Operating result 2020: €85,950€86,000Net result 2020: €77,193€77,200Operating result 2021: €70,366€70,400Net result 2021: €55,602€55,600201920202021
The operating result has fallen two years in a row; 2021 is 18% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €865,418
Fixed assets €98,912 ▼ 22.2%
Current assets €766,506 ▲ 27.5%
Equity and liabilities €865,418
Equity €404,976 ▲ 14.9%
Debt €460,442 ▲ 22.5%
Debt's share of the balance-sheet total rises from 51.6% to 53.2%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€91,007▼
2020 · €99,401
Cash flow
€76,243▼
2020 · €90,644
Current ratio
1.66▲
2020 · 1.60
Quick ratio
1.47▼
2020 · 1.60
Debt to equity
1.14
ROE
13.7%▼
2020 · 21.9%
ROA
6.4%▼
2020 · 10.6%
Interest coverage
9.62
Debt ≤ 1 year
€460,442▲
2020 · €375,738
Income taxes
€15,817▼
2020 · €19,018
Staff costs
€1,257
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 49 lines
Balance sheet Code20202021
Assets
Total assets20/58€728,112€865,418▲
Fixed assets21/28€127,116€98,912▼
Tangible fixed assets22/27€80,449€70,409▼
Furniture and vehicles24-€70,409
Financial fixed assets28€46,667€28,503▼
Current assets29/58€600,996€766,506▲
Amounts receivable after more than one year29-€286,388
Other amounts receivable291-€286,388
Stocks and contracts in progress3-€91,270
Stocks30/36-€91,270
Amounts receivable within one year40/41€243,789€327,105▲
Trade receivables40-€320,168
Other amounts receivable41-€6,936
Cash at bank and in hand54/58€98,556€61,489▼
Deferred charges and accrued income490/1-€254
Equity and liabilities
Total equity and liabilities10/49€728,112€865,418▲
Equity10/15€352,374€404,976▲
Contributions10/11€17,800€17,800=
Capital10-€17,800
Issued capital100-€18,600
Uncalled capital101-€800
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Legal reserve130-€1,860
Profit (loss) carried forward14€332,714€385,316▲
Amounts payable17/49€375,738€460,442▲
Amounts payable within one year42/48€375,738€460,442▲
Current portion of amounts payable after more than one year42-€8,351
Trade debts44€276,731€414,897▲
Suppliers440/4-€414,897
Advances received on contracts in progress46-€34,194
Other amounts payable47/48-€3,000
Income statement Code20202021
Remuneration, social security and pensions62-€1,257
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,451€20,641▲
Other operating charges640/8-€7,290
Gross operating margin9900€126,285€99,554▼
Operating profit (loss)9901€85,950€70,366▼
Financial income75/76B-€10,510
Recurring financial income75€16,492€10,510▼
Financial charges65/66B-€9,458
Recurring financial charges65€6,231€9,458▲
Profit (loss) for the period before taxes9903€96,211€71,418▼
Income taxes67/77€19,018€15,817▼
Profit (loss) for the period9904€77,193€55,602▼
Profit (loss) for the period to be appropriated9905€77,193€55,602▼
Appropriation of the result
Profit (loss) to be appropriated9906-€388,316
Profit (loss) brought forward from the previous period14P-€332,714
Profit to be distributed694/7-€3,000
Directors or managers695-€3,000

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

Line2018201920202021Change
Remuneration, social security and pensions62---€1,257-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,479€12,650€13,451€20,641▲ 53.5%
Other operating charges640/8---€7,290-
Gross operating margin9900€136,845€156,656€126,285€99,554▼ 21.2%
Operating profit (loss)9901€96,925€113,013€85,950€70,366▼ 18.1%
Financial income75/76B---€10,510-
Recurring financial income75€13,820€9,549€16,492€10,510▼ 36.3%
Financial charges65/66B---€9,458-
Recurring financial charges65€12,074€27,719€6,231€9,458▲ 51.8%
Profit (loss) for the period before taxes9903€96,516€83,843€96,211€71,418▼ 25.8%
Income taxes67/77€21,934€38,612€19,018€15,817▼ 16.8%
Profit (loss) for the period9904€74,582€45,231€77,193€55,602▼ 28.0%
Profit (loss) for the period to be appropriated9905€74,582€45,231€77,193€55,602▼ 28.0%
Line2018201920202021Change
Assets
Total assets20/58€630,334€514,741€728,112€865,418▲ 18.9%
Fixed assets21/28€36,258€34,608€127,116€98,912▼ 22.2%
Tangible fixed assets22/27€9,650€8,000€80,449€70,409▼ 12.5%
Furniture and vehicles24---€70,409-
Financial fixed assets28€26,608€26,608€46,667€28,503▼ 38.9%
Current assets29/58€594,076€480,133€600,996€766,506▲ 27.5%
Amounts receivable after more than one year29---€286,388-
Other amounts receivable291---€286,388-
Stocks and contracts in progress3---€91,270-
Stocks30/36---€91,270-
Amounts receivable within one year40/41€343,763€153,829€243,789€327,105▲ 34.2%
Trade receivables40---€320,168-
Other amounts receivable41---€6,936-
Cash at bank and in hand54/58€68,720€70,921€98,556€61,489▼ 37.6%
Deferred charges and accrued income490/1---€254-
Equity and liabilities
Total equity and liabilities10/49€630,334€514,741€728,112€865,418▲ 18.9%
Equity10/15€239,950€280,181€352,374€404,976▲ 14.9%
Contributions10/11€17,800€17,800€17,800€17,800=
Capital10---€17,800-
Issued capital100---€18,600-
Uncalled capital101---€800-
Reserves13€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860-
Legal reserve130---€1,860-
Profit (loss) carried forward14€220,290€260,521€332,714€385,316▲ 15.8%
Amounts payable17/49€390,384€234,560€375,738€460,442▲ 22.5%
Amounts payable within one year42/48€390,384€233,710€375,738€460,442▲ 22.5%
Current portion of amounts payable after more than one year42---€8,351-
Trade debts44€306,269€205,837€276,731€414,897▲ 49.9%
Suppliers440/4---€414,897-
Advances received on contracts in progress46---€34,194-
Other amounts payable47/48---€3,000-
Line2018201920202021Change
Profit (loss) for the period9904€74,582€45,231€77,193€55,602▼ 28.0%
+ Depreciation and write-downs630€27,479€12,650€13,451€20,641▲ 53.5%
Operating cash flow (approximation)€102,061€57,881€90,644€76,243▼ 15.9%
Investment in fixed assets (approximation)--€11,000-€105,959€7,563▲ 107%
Change in cash-€2,201€27,635-€37,067▼ 234%

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

2024
26-02
Bankruptcy Opening
Ondernemingsrechtbank Brussel · event 20-02-2024
2022
06-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 98 days late
2021
06-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 37 days late
2020
31-12
Financial Highest result since 2018net €77,193 ▲70.7%
Net result €77,193, the highest in the series.
17-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 109 days late
2019
31-12
Financial Weakest financial yearnet €45,231 ▼39.4%
Net result drops to €45,231, the lowest in the series.
07-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 68 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
11-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 11 days late
2015
16-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
08-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 39 days late
2013
14-10
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 75 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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, Hasselt · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
5,763 m²
Building footprint
2,980 m²
Volume, LiDAR
14,700 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SALAMAT
Europark 1013, 3530 Houthalen-HelchterenFloor and wall tiling
since 20082.170.289.282
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72015D1226/00F000 Flanders 5,056 m² 1 · 2,819 m² 7.3 m · 2 fl.
71483D0094/00M006 Flanders 707 m² 1 · 161 m² 9.5 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator CAROLINE DE LEPELEIRE
KUNSTLAAN 24/9 A, 1000 BRUSSEL 1
20-02-2024 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded19-03-2008
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

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