SALEF
ActiveSALEF has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €477k and a net result of €65k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 86% of 442 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-10
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.42 against 2.89 in 2024), and 22.3% of the assets are financed with debt.
Credit advice 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 79
Relative position
BE, all sectors
reference
Sector 79
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
77.7%
Return on assets
10.5%
Age of the figures
8 mo
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
36 d early
2023
41 d early
2022
32 d early
2021
54 d early
2020
31 d early
2019
32 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€477k▲ 3.2%
2024 · €463k
2018: €94k
2019: €125k
2020: €207k
2021: €309k
2022: €350k
2023: €411k
2024: €463k
2018 → 2025
Total assets
€614k▲ 5.6%
2024 · €582k
2018: €170k
2019: €171k
2020: €276k
2021: €474k
2022: €526k
2023: €574k
2024: €582k
2018 → 2025
Net result
€65k▼ 9.8%
2024 · €72k
2018: €19k
2019: €31k
2020: €83k
2021: €102k
2022: €41k
2023: €70k
2024: €72k
2018 → 2025
Working capital
€189k▲ 0.1%
2024 · €189k
2018: €-22k
2019: €-12k
2020: €44k
2021: €98k
2022: €107k
2023: €156k
2024: €189k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€309k-€350k▲ 13.3%€411k▲ 17.2%€463k▲ 12.6%€477k▲ 3.2%
Operating result€138k-€61k▼ 55.9%€85k▲ 39.8%€78k▼ 7.9%€77k▼ 1.4%
Net result€102k-€41k▼ 59.6%€70k▲ 71.1%€72k▲ 1.9%€65k▼ 9.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €614k
Fixed assets
€292k▼ 0.3%
Current assets
€322k▲ 11.5%
Equity and liabilities €614k
Equity
€477k▲ 3.2%
Debt
€137k▲ 14.9%
The debt ratio rises from 20.5% to 22.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€85k▲
2024 · €85k
Cash flow
€73k▼
2024 · €78k
Solvency
77.7%▼
2024 · 79.5%
Current ratio
2.42▼
2024 · 2.89
Quick ratio
2.42▼
2024 · 2.89
Debt / equity
0.29▲
2024 · 0.26
ROE
13.6%▼
2024 · 15.5%
ROA
10.5%▼
2024 · 12.3%
Interest coverage
135.96▲
2024 · 75.05
Debt
€137k▲
2024 · €119k
Debt ≤ 1 year
€133k▲
2024 · €100k
Debt > 1 year
€4k▼
2024 · €19k
Income taxes
€24k▼
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€582k€614k▲
Fixed assets21/28€293k€292k▼
Tangible fixed assets22/27€34k€34k▼
Land and buildings22€26k€28k▲
Furniture and vehicles24€9k€6k▼
Financial fixed assets28€259k€259k=
Current assets29/58€288k€322k▲
Amounts receivable after more than one year29€232k€222k▼
Other amounts receivable291€232k€222k▼
Amounts receivable within one year40/41€43k€78k▲
Trade receivables40€9k€30k▲
Other amounts receivable41€34k€49k▲
Cash at bank and in hand54/58€14k€21k▲
Equity and liabilities
Total equity and liabilities10/49€582k€614k▲
Equity10/15€463k€477k▲
Contributions10/11€19k€19k=
Reserves13€264k€274k▲
Distributable reserves133€264k€274k▲
Profit (loss) carried forward14€180k€185k▲
Amounts payable17/49€119k€137k▲
Amounts payable after more than one year17€19k€4k▼
Financial debts170/4€19k€4k▼
Amounts payable within one year42/48€100k€133k▲
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€3k€755▼
Suppliers440/4€3k€755▼
Taxes, remuneration and social security45€62k€69k▲
Taxes450/3€62k€69k▲
Other amounts payable47/48€19k€48k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲
Other operating charges640/8€513€2k▲
Gross operating margin9900€85k€87k▲
Operating profit (loss)9901€78k€77k▼
Financial income75/76B€19k€12k▼
Recurring financial income75€19k€12k▼
Financial charges65/66B€1k€627▼
Recurring financial charges65€1k€627▼
Profit (loss) for the period before taxes9903€97k€88k▼
Income taxes67/77€25k€24k▼
Profit (loss) for the period9904€72k€65k▼
Profit (loss) for the period to be appropriated9905€72k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€230k€245k▲
Profit (loss) brought forward from the previous period14P€159k€180k▲
Transfer from equity791/2€20k€50k▲
Transfer to equity691/2€50k€60k▲
To other reserves6921€50k€60k▲
Profit to be distributed694/7€20k€50k▲
Directors or managers695€20k€50k▲
The notes to these accounts (7 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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €102k ▲23.5%
Operating result €138k, net result €102k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 1.90
Current ratio from 0.74 to 1.90.
31-12
Financial
Equity above €200kEq €207k ▲66.3%
3 profitable years in a row build equity to €207k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €125k ▲33%
2 profitable years in a row build equity to €125k.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Oostkamp · 1 establishment unit since 1995
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.
Kraaiveldstraat 878020 OostkampGround area
4,398 m²
Building footprint
457 m²
Volume, LiDAR
2,009 m³
Parcel 31009C0022/00F000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SALEF
since 19952.073.892.959
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31009C0022/00F000 | Flanders | 4,398 m² | 1 · 457 m² | 8.5 m · 1 fl. |
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.
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Of 1,430 companies in sector 79110 we hold annual accounts for 874. 660 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-1995
Fiscal year end31-12
Activities, NACEBEL
79110Travel agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.