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SALEM SERVICES

Active
Private limited companyfounded 20242 yrs activeKolomstraat 1A, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 1007.454.173
Summary

The computed 12-month bankruptcy probability of SALEM SERVICES is 8.1% (elevated). The 2024 annual accounts show equity of €4k and a net result of €-2k. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare
SALEM SERVICESActiveChecked score 38/100
Risk analysis Report Compare

Checked score

Score 2024
38 / 100
Weak
Every signal that weighs is under Signals.
Axes
Profitability0
Solvency64
Growth-
Track record67
Bankruptcy probability, 12 months
8.1% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.63; short-term debt: 61.2% and cash: 97.9% of total assets), but 61.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
38.8%
Return on assets
-26.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 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 · 1 filing
Deviation from the deadline
2024
23 d late
← before the deadline after the deadline →
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 22 March 2024, SALEM SERVICES was incorporated as a Private limited company.1 Oudaha Zakaria has served as director of the company since 2026.2 The company has filed annual accounts once, for fiscal year 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 25-09-2026
  3. 3National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€4k
Total assets
€9k
Net result
€-2k
Working capital
€4k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €9k
Equity €4k
Debt €6k
Debt finances 61.2% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
1.63
Debt to equity
1.58
ROE
-68.2%
ROA
-26.5%
Debt ≤ 1 year
€6k
Staff costs
€60
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 24 lines
Balance sheet Code2024
Assets
Total assets20/58€9k
Current assets29/58€9k
Amounts receivable within one year40/41€195
Other amounts receivable41€195
Cash at bank and in hand54/58€9k
Equity and liabilities
Total equity and liabilities10/49€9k
Equity10/15€4k
Contributions10/11€6k
Profit (loss) carried forward14€-2k
Amounts payable17/49€6k
Amounts payable within one year42/48€6k
Trade debts44€820
Suppliers440/4€820
Other amounts payable47/48€5k
Income statement Code2024
Remuneration, social security and pensions62€60
Other operating charges640/8€149
Gross operating margin9900€-2k
Operating profit (loss)9901€-2k
Financial charges65/66B€26
Recurring financial charges65€26
Profit (loss) for the period before taxes9903€-2k
Profit (loss) for the period9904€-2k
Profit (loss) for the period to be appropriated9905€-2k
Appropriation of the result
Profit (loss) to be appropriated9906€-2k

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€60
Other operating charges640/8€149
Gross operating margin9900€-2k
Operating profit (loss)9901€-2k
Financial charges65/66B€26
Recurring financial charges65€26
Profit (loss) for the period before taxes9903€-2k
Profit (loss) for the period9904€-2k
Profit (loss) for the period to be appropriated9905€-2k
Line2024
Assets
Total assets20/58€9k
Current assets29/58€9k
Amounts receivable within one year40/41€195
Other amounts receivable41€195
Cash at bank and in hand54/58€9k
Equity and liabilities
Total equity and liabilities10/49€9k
Equity10/15€4k
Contributions10/11€6k
Profit (loss) carried forward14€-2k
Amounts payable17/49€6k
Amounts payable within one year42/48€6k
Trade debts44€820
Suppliers440/4€820
Other amounts payable47/48€5k
Line2024
Profit (loss) for the period9904€-2k
Operating cash flow (approximation)€-2k

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

2026
25-09
State Gazette act Resignation: Oudaha Salah Eddine (director)
Appointment: Oudaha Zakaria (director) · Share transfer · Director discharge6 facts ▸
  • General meeting, 17-09-2026
  • Share transfer, Oudaha Salah Eddine → Oudaha Zakaria
  • Director resignation, Oudaha Salah Eddine (director)
  • Director discharge, Oudaha Salah Eddine (director)
  • Director appointment, Oudaha Zakaria (director)
  • Shareholding, 17-09-2026, parts
2025
23-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
State Gazette actNBB filing
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
Oudaha Zakaria
Director · since 17-09-2026
Current
17-09-2026 Oudaha Zakaria: Appointed as Director
17-09-2026 Oudaha Salah Eddine: Resigned as Director
See the board, name and seat on a given date →
Not every act has been read: a resignation may be missing here
4 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek
exact location from the address register On OpenStreetMap
Ground area
2,442 m²
Building footprint
406 m²
Volume, LiDAR
3,423 m³
Parcel 21522B0623/00L000, Brussels · tallest building 19.8 m, ±2 floors. Linked by address, not a title deed.
292 companies at this address See who is registered here
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21522B0623/00L000 Brussels 2,442 m² 1 · 406 m² 19.8 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

Connections & network

1 current director
Depth

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Identification & contact

Identification
Legal formPrivate limited company
Founded22-03-2024
Fiscal year end31-12

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

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