Salence
ActiveSummary
Salence has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €214k and a net result of €99k. Equity is growing by ~29.6% per year across the filed fiscal years. Its solvency ranks better than 41% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▲+12
Solvency61▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.27 against 1.68 in 2024; short-term debt: 43.7% and cash: 11.4% of total assets), and 64.2% of the assets are financed with debt.
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Signals
Three 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
35.8%
Return on assets
16.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
206 d late
2022
3 d late
2021
19 d early
2020
23 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€143k
EBIT margin
29.9%
Net result
€99k▲ 589%
2024 · €14k
Working capital
€-193k
2024 · €77k
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
Line20212022202320242025
Turnover€143k
Operating result€38k▲ 229%€43k▲ 12.8%€20k▼ 54.3%€33k▲ 68.2%€139k▲ 323%
Net result€29k▲ 297%€32k▲ 11.2%€12k▼ 62.9%€14k▲ 20.5%€99k▲ 589%
EBIT margin29.9%
Equity€49k▲ 148%€81k▲ 66.4%€93k▲ 14.8%€115k▲ 24.2%€214k▲ 86.2%
Total assets€70k▲ 89.4%€103k▲ 47.2%€97k▼ 5.2%€227k▲ 134%€600k▲ 164%
Debt€21k▲ 22.8%€22k▲ 3.2%€5k▼ 78.8%€112k▲ 2,323%€385k▲ 243%
Working capital€49k▲ 126%€76k▲ 52.7%€67k▼ 11.9%€77k▲ 15.3%€-193k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 323% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €600k
Fixed assets
€530k ▲ 1,277%
Current assets
€70k ▼ 63.2%
Equity and liabilities €600k
Equity
€214k ▲ 86.2%
Debt
€385k ▲ 243%
Debt's share of the balance-sheet total rises from 49.4% to 64.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€153k▲
2024 · €41k
Cash flow
€113k▲
2024 · €22k
Current ratio
0.27▼
2024 · 1.68
Debt to equity
1.80▲
2024 · 0.97
ROE
46.3%▲
2024 · 12.5%
ROA
16.6%▲
2024 · 6.3%
Interest coverage
34.90▼
2024 · 87.96
Debt ≤ 1 year
€262k▲
2024 · €112k
Debt > 1 year
€123k
Income taxes
€36k▲
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €143k | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €100k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €217 | €68 | €4k | €8k | €14k | ▲ 77.5% |
| Other operating charges640/8 | - | €1k | - | - | €1k | - |
| Non-recurring operating charges66A | - | - | €1k | €733 | - | - |
| Gross operating margin9900 | €40k | €44k | €25k | €42k | €155k | ▲ 272% |
| Operating profit (loss)9901 | €38k | €43k | €20k | €33k | €139k | ▲ 323% |
| Financial income75/76B | - | - | - | €2 | - | - |
| Recurring financial income75 | - | - | - | €2 | - | - |
| Financial charges65/66B | - | €334 | €1k | €464 | €4k | ▲ 846% |
| Recurring financial charges65 | €74 | €334 | €1k | €464 | €4k | ▲ 846% |
| Non-recurring financial charges66B | - | - | €1k | €464 | - | - |
| Profit (loss) for the period before taxes9903 | €38k | €43k | €18k | €33k | €135k | ▲ 315% |
| Income taxes67/77 | €9k | €10k | €6k | €18k | €36k | ▲ 97.1% |
| Profit (loss) for the period9904 | €29k | €32k | €12k | €14k | €99k | ▲ 589% |
| Profit (loss) for the period to be appropriated9905 | €29k | €32k | €12k | €14k | €99k | ▲ 589% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €70k | €103k | €97k | €227k | €600k | ▲ 164% |
| Fixed assets21/28 | - | €5k | €26k | €38k | €530k | ▲ 1,277% |
| Tangible fixed assets22/27 | - | €5k | €26k | €38k | €30k | ▼ 22.0% |
| Plant, machinery and equipment23 | - | €5k | €21k | €37k | €14k | ▼ 63.0% |
| Furniture and vehicles24 | - | - | €6k | €2k | €702 | ▼ 58.8% |
| Other tangible fixed assets26 | - | - | - | - | €16k | - |
| Financial fixed assets28 | - | - | - | - | €500k | - |
| Current assets29/58 | €70k | €97k | €71k | €189k | €70k | ▼ 63.2% |
| Amounts receivable within one year40/41 | €2k | €3k | €5k | €17k | €1k | ▼ 91.0% |
| Trade receivables40 | - | €3k | €860 | €17k | €1k | ▼ 91.0% |
| Other amounts receivable41 | - | - | €4k | - | €6 | - |
| Cash at bank and in hand54/58 | €67k | €94k | €66k | €172k | €68k | ▼ 60.5% |
| Deferred charges and accrued income490/1 | - | €671 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €70k | €103k | €97k | €227k | €600k | ▲ 164% |
| Equity10/15 | €49k | €81k | €93k | €115k | €214k | ▲ 86.2% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €42k | €75k | €86k | €100k | €100k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | - | - |
| Distributable reserves133 | - | €73k | €84k | €98k | €100k | ▲ 1.9% |
| Profit (loss) carried forward14 | - | - | €460 | €9k | €109k | ▲ 1,059% |
| Amounts payable17/49 | €21k | €22k | €5k | €112k | €385k | ▲ 243% |
| Amounts payable after more than one year17 | - | - | - | - | €123k | - |
| Financial debts170/4 | - | - | - | - | €123k | - |
| Amounts payable within one year42/48 | €20k | €22k | €5k | €112k | €262k | ▲ 134% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €19k | - |
| Trade debts44 | €3k | €8k | - | €524 | - | - |
| Suppliers440/4 | - | €8k | - | €524 | - | - |
| Taxes, remuneration and social security45 | - | €9k | - | €7k | €12k | ▲ 74.3% |
| Taxes450/3 | - | €9k | - | €4k | €12k | ▲ 192% |
| Remuneration and social security454/9 | - | - | - | €3k | - | - |
| Other amounts payable47/48 | - | €5k | €5k | €105k | €231k | ▲ 120% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29k | €32k | €12k | €14k | €99k | ▲ 589% |
| + Depreciation and write-downs630 | €217 | €68 | €4k | €8k | €14k | ▲ 77.5% |
| Operating cash flow (approximation) | €29k | €32k | €16k | €22k | €113k | ▲ 408% |
| Investment in fixed assets (approximation) | - | - | €-25k | €-20k | €-505k | ▼ 2,410% |
| Change in cash | - | €27k | €-27k | €106k | €-104k | ▼ 198% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €99k ▲589%
Operating result €139k, net result €99k, both a record.
31-03
Financial
Equity above €200kEq €214k ▲86.2%
7 profitable years in a row build equity to €214k.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 206 days late
31-03
Financial
Equity above €100kEq €115k ▲24.2%
6 profitable years in a row build equity to €115k.
2023
31-03
Financial
Liquidity triplescurrent ratio 15.36
Current ratio from 4.45 to 15.36; short-term debt falls from €22k to €5k.
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Begijnendijk · 1 establishment unit since 2017
Ground area
1,367 m²
Building footprint
246 m²
Volume, LiDAR
1,500 m³
Parcel 24010B0374/00T003, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Salence
since 20172.270.050.715
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24010B0374/00T003 | Flanders | 1,366 m² | 1 · 246 m² | 10.4 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 7,236 EUR awarded · 7,236 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 765 EUR | 765 EUR |
| 2024 | 1 | 4,893 EUR | 4,893 EUR |
| 2023 | 1 | 1,323 EUR | 1,323 EUR |
| 2022 | 1 | 255 EUR | 255 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 6,149 companies in sector 46190 we hold annual accounts for 2,570. 1,843 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-11-2017
Fiscal year end31-03
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46432
46441
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.