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SALFRA

Active
Private limited companyfounded 200422 yrs activeLegeweg 344, 8200 Brugge, BelgiumKBO/BCE: BE 0865.160.717
Summary

SALFRA has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163,734 and a net result of €4,366. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 38% of 1937 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
SALFRAActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Activity
Growing of vegetables, melons, roots and tubers
NACE 01130NACE 01121
1 site
Size
€517,581total assets 2025
Staff
4.9 FTE
Equity
€163,734
Profit
€4,366
Turnover not published (abridged schema)
Financial health
88 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Accounts 32 d early0 of 3 deeds read
Why 88- Size: 4.9 FTE, total assets €517,581+ Liquidity: current ratio 1.07, cash €119,905+ Sector Crop and animal production, hunting and related service activities (NACE 01)+ Figures for FY 2025 (filed 29-06-2026)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Better than 39% of its sector peers (NACE 01, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 57-9
equity 31.6% of total assets
Liquidity 49-25
short-term debt 57.5% · cash 23.2%
Profitability 70-29
return on assets 0.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,651 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%● 0.0% vs 01-2025 03-2025: 0.2%● 0.0% vs 02-2025 04-2025: 0.2%▲ +3.6% vs 03-2025 05-2025: 0.2%▼ -3.5% vs 04-2025 06-2025: 0.2%▼ -3.0% vs 05-2025 07-2025: 0.1%▼ -45.3% vs 06-2025 08-2025: 0.1%● 0.0% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%▼ -1.1% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▲ +3.4% vs 03-2026 05-2026: 0.1%▼ -3.3% vs 04-2026 06-2026: 0.1%▼ -4.6% vs 05-2026lowest value 07-2026: 0.2%▲ +112% vs 06-2026highest value 08-2026: 0.2%● 0.0% vs 07-2026highest value 09-2026: 0.2%● 0.0% vs 08-2026highest value 10-2026: 0.2%● 0.0% vs 09-2026highest value
  • Liquidity: current ratio 1.07, cash €119,905 lowers the probability
  • Sector Crop and animal production, hunting and related service activities (NACE 01) lowers the probability
  • Size: 4.9 FTE, total assets €517,581 raises the probability for this profile
  • Figures for FY 2025 (filed 29-06-2026) lowers the probability
Credit up to €14,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.36 in 2024; short-term debt: 57.5% and cash: 23.2% of total assets), and 68.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 01, micro). Better than this share of them on solvency 47%, liquidity 49%, profitability 45%, growth against the median 17%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 1.07, cash €119,905
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Sector Crop and animal production, hunting and related service activities (NACE 01)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Size: 4.9 FTE, total assets €517,581
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 29-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
38 d early
2023
35 d early
2022
32 d early
2021
22 d late
2020
20 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 29 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Highest result since 2018net €113,319 ▲343%

Key points

  • Caution: Result fell in 2025from €113,319 to €4,366 ▼ 96.1% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View
  • Total assets 20256 fiscal years filed €517,581 View

By topic

Financials

Fiscal year
2025
Total assets
€517,581
Profit
€4,366
Solvency
31.6%
Total assets▲ 10.2%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 29-06-2026Annual accounts filed
  2. 23-06-2025Annual accounts filed
  3. 31-12-2024Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Growing of vegetables, melons, roots and tubersNACE 01130
Founded
06-05-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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