SALERNO PROJECTS
ActiveSALERNO PROJECTS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €56k and a net result of €3k. Equity is growing by ~68.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 19348 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability35▼-35
Solvency42▼-27
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.73 in 2023; short-term debt: 82.8% and cash: 15.4% of total assets), and 82.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
17.2%
Return on assets
1%
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 10-09-2025, 41 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
41 d late
2023
406 d late
2022
192 d late
2021
37 d late
2020
51 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€56k▲ 6.1%
2023 · €52k
2020: €2k
2021: €26k
2022: €51k
2023: €52k
2020 → 2024
Total assets
€323k▲ 172%
2023 · €119k
2020: €299k
2021: €382k
2022: €433k
2023: €119k
2020 → 2024
Net result
€3k▲ 133%
2023 · €1k
2020: €-4k
2021: €24k
2022: €25k
2023: €1k
2020 → 2024
Working capital
€53k▲ 9.7%
2023 · €48k
2020: €-5k
2021: €16k
2022: €45k
2023: €48k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2k-€26k▲ 1,521%€51k▲ 98.8%€52k▲ 2.7%€56k▲ 6.1%
Operating result€-4k-€31k€37k▲ 20.9%€5k▼ 86.0%€11k▲ 114%
Net result€-4k-€24k€25k▲ 5.3%€1k▼ 94.6%€3k▲ 133%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 114% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €323k
Fixed assets
€3k▼ 33.6%
Current assets
€320k▲ 180%
Equity and liabilities €323k
Equity
€56k▲ 6.1%
Debt
€267k▲ 304%
The debt ratio rises from 55.8% to 82.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k▲
2023 · €9k
Cash flow
€6k▲
2023 · €6k
Solvency
17.2%▼
2023 · 44.2%
Current ratio
1.20▼
2023 · 1.73
Quick ratio
0.24▼
2023 · 1.57
Debt / equity
4.81▲
2023 · 1.26
ROE
5.8%▲
2023 · 2.6%
ROA
1.0%▼
2023 · 1.2%
Interest coverage
1.79▼
2023 · 36.62
Debt
€267k▲
2023 · €66k
Debt ≤ 1 year
€267k▲
2023 · €66k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€119k€323k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€612€1k▲
Furniture and vehicles24€4k€2k▼
Current assets29/58€114k€320k▲
Stocks and contracts in progress3€11k€256k▲
Stocks30/36-€245k
Contracts in progress37€11k€11k=
Amounts receivable within one year40/41€44k€15k▼
Trade receivables40€22k€13k▼
Other amounts receivable41€22k€2k▼
Cash at bank and in hand54/58€60k€50k▼
Equity and liabilities
Total equity and liabilities10/49€119k€323k▲
Equity10/15€52k€56k▲
Contributions10/11€6k€6k=
Reserves13€46k€50k▲
Distributable reserves133€46k€50k▲
Amounts payable17/49€66k€267k▲
Amounts payable within one year42/48€66k€267k▲
Current portion of amounts payable after more than one year42-€234k
Trade debts44€40k€19k▼
Suppliers440/4€40k€19k▼
Taxes, remuneration and social security45€22k€11k▼
Taxes450/3€21k€9k▼
Remuneration and social security454/9€1k€2k▲
Other amounts payable47/48€4k€4k▼
Income statement
Code20232024
Remuneration, social security and pensions62€208-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€821€53k▲
Gross operating margin9900€10k€67k▲
Operating profit (loss)9901€5k€11k▲
Financial income75/76B€5k-
Recurring financial income75€5k-
Non-recurring financial income76B€5k-
Financial charges65/66B€257€8k▲
Recurring financial charges65€257€8k▲
Profit (loss) for the period before taxes9903€10k€3k▼
Income taxes67/77€9k-
Profit (loss) for the period9904€1k€3k▲
Profit (loss) for the period to be appropriated9905€1k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€3k▲
Transfer to equity691/2€1k€3k▲
To other reserves6921€1k€3k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 406 days late
2024
08-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 192 days late
2022
31-12
Financial
Highest result since 2020net €25k ▲5.3%
Operating result €37k, net result €25k, both a record.
06-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 37 days late
2021
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brasschaat · 1 establishment unit since 2019
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.
Lage Kaart 912930 BrasschaatGround area
3,156 m²
Building footprint
323 m²
Volume, LiDAR
2,051 m³
Parcel 11323F0512/00H000, Flanders · tallest building 21.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SALERNO PROJECTS
since 20192.296.630.002
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11323F0512/00H000 | Flanders | 3,156 m² | 1 · 323 m² | 21.5 m · 2 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.
Similar companies · same sector, comparable size
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GESPRO Team
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STRATEGERY
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Of 7,322 companies in sector 68110 we hold annual accounts for 5,381. 3,352 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2019
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.