SALAR
ActiveSummary
SALAR has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.3m and a net result of €7,357. Equity is growing by ~10.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability38▼-27
Solvency100=
Growth79=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290,000 at 30 days acceptable
Liquidity ample (current ratio 30.52 against 39.69 in 2023; short-term debt: 0.6% and cash: 0% of total assets), and 4.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
95.9%
Return on assets
0.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
141 d late
2022
136 d late
2021
501 d late
2020
866 d late
2019
44 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 267 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Turnover
€25,650▲ 14.4%
2018 · €22,412
EBIT margin
34.8%▲ 22.9pp
2018 · 12.0%
Net result
€7,357▼ 98.5%
2023 · €488,371
Working capital
€722,841▲ 1.0%
2023 · €715,484
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
Line20202021202220232024
Turnover
Operating result€4,906▼ 45.1%€2,109▼ 57.0%-€5,630€626,689-€2,486
Net result€3,730▼ 43.9%€2,110▼ 43.4%-€5,896€488,371€7,357▼ 98.5%
EBIT margin
Equity€71,268▲ 5.5%€73,378▲ 3.0%€67,482▼ 8.0%€4.3m▲ 6,210%€4.3m▲ 0.2%
Total assets€85,965▲ 3.4%€87,244▲ 1.5%€83,636▼ 4.1%€4.4m▲ 5,204%€4.4m▲ 0.3%
Debt€14,697▼ 5.6%€13,866▼ 5.7%€16,155▲ 16.5%€18,491▲ 14.5%€24,484▲ 32.4%
Working capital€26,805▲ 63.5%€35,594▲ 32.8%€33,900▼ 4.8%€715,484▲ 2,011%€722,841▲ 1.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2,486 after €626,689 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.4m
Fixed assets
€3.7m =
Current assets
€747,325 ▲ 1.8%
Equity and liabilities €4.4m
Equity
€4.3m ▲ 0.2%
Provisions
€159,631 =
Debt
€24,484 ▲ 32.4%
Debt's share of the balance-sheet total rises from 0.4% to 0.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
30.52▼
2023 · 39.69
Debt to equity
0.01▲
2023 · 0.00
ROE
0.2%▼
2023 · 11.5%
ROA
0.2%▼
2023 · 11.0%
Debt ≤ 1 year
€24,484▲
2023 · €18,491
Income taxes
€3,250
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,679 | €6,679 | €6,422 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €32,162 | - | - | - |
| Other operating charges640/8 | €1,304 | €1,304 | €1,209 | €1,118 | €983 | ▼ 12.1% |
| Gross operating margin9900 | €12,890 | €10,092 | €34,163 | €627,807 | -€1,503 | ▼ 100% |
| Operating profit (loss)9901 | €4,906 | €2,109 | -€5,630 | €626,689 | -€2,486 | ▼ 100% |
| Financial income75/76B | €0 | €1 | €355 | €78,410 | €13,254 | ▼ 83.1% |
| Recurring financial income75 | €0 | €1 | €355 | €78,410 | €13,254 | ▼ 83.1% |
| Financial charges65/66B | €165 | - | - | €57,097 | €161 | ▼ 99.7% |
| Recurring financial charges65 | €165 | - | - | €57,097 | €161 | ▼ 99.7% |
| Profit (loss) for the period before taxes9903 | €4,741 | €2,110 | -€5,275 | €648,002 | €10,607 | ▼ 98.4% |
| Transfer to deferred taxes680 | - | - | - | €159,631 | - | - |
| Income taxes67/77 | €1,012 | - | €622 | - | €3,250 | - |
| Profit (loss) for the period9904 | €3,730 | €2,110 | -€5,896 | €488,371 | €7,357 | ▼ 98.5% |
| Transfer to tax-exempt reserves689 | - | - | - | €478,894 | - | - |
| Profit (loss) for the period to be appropriated9905 | €3,730 | €2,110 | -€5,896 | €9,476 | €7,357 | ▼ 22.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €85,965 | €87,244 | €83,636 | €4.4m | €4.4m | ▲ 0.3% |
| Fixed assets21/28 | €51,554 | €44,874 | €38,452 | €3.7m | €3.7m | = |
| Tangible fixed assets22/27 | €51,554 | €44,874 | €38,452 | - | - | - |
| Land and buildings22 | €48,785 | €42,501 | €36,474 | - | - | - |
| Other tangible fixed assets26 | €2,769 | €2,373 | €1,978 | - | - | - |
| Financial fixed assets28 | - | - | - | €3.7m | €3.7m | = |
| Current assets29/58 | €34,412 | €42,369 | €45,184 | €733,975 | €747,325 | ▲ 1.8% |
| Amounts receivable within one year40/41 | €34,382 | €42,369 | €45,184 | €663,138 | €662,715 | ▼ 0.1% |
| Other amounts receivable41 | €34,382 | €42,369 | €45,184 | €663,138 | €662,715 | ▼ 0.1% |
| Cash at bank and in hand54/58 | €30 | - | - | - | €520 | - |
| Deferred charges and accrued income490/1 | - | - | - | €70,836 | €84,091 | ▲ 18.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €85,965 | €87,244 | €83,636 | €4.4m | €4.4m | ▲ 0.3% |
| Equity10/15 | €71,268 | €73,378 | €67,482 | €4.3m | €4.3m | ▲ 0.2% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €3.7m | €3.7m | = |
| Outside capital11 | €18,592 | - | - | - | - | - |
| Share premium1100/10 | €18,592 | - | - | - | - | - |
| Reserves13 | €52,359 | €52,359 | €52,359 | €531,254 | €531,254 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | - | - | €478,894 | €478,894 | = |
| Distributable reserves133 | €50,500 | €50,500 | €50,500 | €50,500 | €50,500 | = |
| Profit (loss) carried forward14 | €317 | €2,427 | -€3,470 | €6,007 | €13,364 | ▲ 122% |
| Provisions and deferred taxes16 | - | - | - | €159,631 | €159,631 | = |
| Deferred taxes168 | - | - | - | €159,631 | €159,631 | = |
| Amounts payable17/49 | €14,697 | €13,866 | €16,155 | €18,491 | €24,484 | ▲ 32.4% |
| Amounts payable after more than one year17 | €7,090 | €7,090 | €4,870 | - | - | - |
| Other amounts payable178/9 | €7,090 | €7,090 | €4,870 | - | - | - |
| Amounts payable within one year42/48 | €7,607 | €6,776 | €11,285 | €18,491 | €24,484 | ▲ 32.4% |
| Current portion of amounts payable after more than one year42 | €971 | - | - | - | - | - |
| Trade debts44 | €1,331 | €206 | €11,285 | €18,491 | €19,984 | ▲ 8.1% |
| Suppliers440/4 | €1,331 | €206 | €11,285 | €18,491 | €19,984 | ▲ 8.1% |
| Taxes, remuneration and social security45 | - | - | - | - | €3,250 | - |
| Taxes450/3 | - | - | - | - | €3,250 | - |
| Other amounts payable47/48 | €5,305 | €6,570 | - | - | €1,250 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,730 | €2,110 | -€5,896 | €488,371 | €7,357 | ▼ 98.5% |
| + Depreciation and write-downs630 | €6,679 | €6,679 | €6,422 | - | - | - |
| Operating cash flow (approximation) | €10,409 | €8,789 | €526 | €488,371 | €7,357 | ▼ 98.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€3.7m | €0 | ▲ 100% |
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
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 141 days late
2023
31-12
Financial
Back to profitnet €488,371
Net result €488,371 after one loss-making year.
31-12
Financial
Liquidity times 10current ratio 39.69
Current ratio from 4.00 to 39.69.
31-12
Financial
Equity above €2mEq €4.3m ▲6,210%
Equity rises from €67,482 to €4.3m.
14-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 136 days late
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 501 days late
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 866 days late
2022
31-12
Financial
Weakest financial yearnet -€5,896
Net result drops to -€5,896, the lowest in the series; recovery starts the following year.
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 2.94
Current ratio from 1.11 to 2.94; short-term debt falls from €32,624 to €8,472.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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.
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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, Antwerpen · 1 establishment unit since 1991
Ground area
1,377 m²
Building footprint
457 m²
Volume, LiDAR
3,322 m³
2 parcels, Flanders · tallest building 25.1 m, ±3 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Oud-Hoflaan 29, 9150 Beveren-Kruibeke-Zwijndrecht
since 19912.053.981.532
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46001B0042/00W002 | Flanders | 1,173 m² | 1 · 253 m² | 11.1 m · 2 fl. |
| 11806F1346/00K004 | Flanders | 204 m² | 1 · 204 m² | 25.1 m · 3 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.
Structure & network
Owners and holdings
2 owners · 1 holdingChain of control
- Metropolis Real Estate
- Moenshold
- Verenigde Bouwpromotors
- Immobiliën Moenssens
- R.M.
- Eswe
- Casteric
- SALAR
Highest known parent: Metropolis Real Estate. The sources do not say who stands above it.
Owners 2
- CastericparentSourceown accounts 2024100%
- HOLDBERGparentSourceaccounts HOLDBERG 2025100%
Holdings 1
-
100%
According to the 2024 annual accounts of SALAR 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded04-07-1991
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.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.