SALICK
ActiveSALICK has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.30M and a net result of €392k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 88% of 5988 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▼-3
Solvency100=
Growth38▼-16
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.59 in 2023; short-term debt: 20.3% and cash: 2.8% of total assets), and 20.4% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
79.6%
Return on assets
5%
Age of the figures
21 mo
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
Sector 46
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
44 d early
2022
46 d early
2021
39 d early
2020
47 d early
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€2.00M▼ 17.9%
2023 · €2.43M
2018: €3.72M
2019: €3.81M
2020: €3.59M
2021: €3.68M
2022: €3.20M
2023: €2.43M
2018 → 2024
EBIT margin
23.4%▼ 14.2pp
2023 · 37.6%
2018: 7.5%
2019: 5.1%
2020: 17.0%
2021: 2.7%
2022: 22.6%
2023: 37.6%
2018 → 2024
Net result
€392k▼ 42.1%
2023 · €678k
2018: €210k
2019: €136k
2020: €663k
2021: €69k
2022: €543k
2023: €678k
2018 → 2024
Working capital
€254k▼ 67.0%
2023 · €771k
2018: €435k
2019: €605k
2020: €830k
2021: €842k
2022: €296k
2023: €771k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€3.59M-€3.68M▲ 2.7%€3.20M▼ 13.3%€2.43M▼ 23.9%€2.00M▼ 17.9%
Equity€6.85M-€6.82M▼ 0.6%€6.24M▼ 8.5%€6.91M▲ 10.9%€6.30M▼ 8.9%
Operating result€609k-€98k▼ 83.9%€723k▲ 638%€914k▲ 26.4%€467k▼ 48.9%
Net result€663k-€69k▼ 89.6%€543k▲ 686%€678k▲ 24.8%€392k▼ 42.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 49% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.91M
Fixed assets
€6.05M▼ 1.5%
Current assets
€1.86M▼ 10.6%
Equity and liabilities €7.91M
Equity
€6.30M▼ 8.9%
Debt
€1.61M▲ 22.6%
The debt ratio rises from 16.0% to 20.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€594k▼
2023 · €1.02M
Cash flow
€520k▼
2023 · €784k
Solvency
79.6%▼
2023 · 84.0%
Current ratio
1.16▼
2023 · 1.59
Quick ratio
1.16▼
2023 · 1.59
Debt / equity
0.26▲
2023 · 0.19
ROE
6.2%▼
2023 · 9.8%
ROA
5.0%▼
2023 · 8.2%
Interest coverage
17.29▼
2023 · 49.86
Debt
€1.61M▲
2023 · €1.31M
Debt ≤ 1 year
€1.61M▲
2023 · €1.31M
Debt > 1 year
€1k=
2023 · €1k
Income taxes
€182k▼
2023 · €235k
Staff costs
€1.01M▲
2023 · €800k
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€8.23M€7.91M▼
Fixed assets21/28€6.14M€6.05M▼
Tangible fixed assets22/27€866k€772k▼
Land and buildings22€620k€566k▼
Furniture and vehicles24€243k€203k▼
Other tangible fixed assets26€3k€3k=
Financial fixed assets28€5.28M€5.28M=
Affiliated companies280/1€5.28M€5.28M=
Participating interests280€5.28M€5.28M=
Current assets29/58€2.08M€1.86M▼
Stocks and contracts in progress3€2k€1k▼
Stocks30/36€555€1k▲
Goods purchased for resale34€555€1k▲
Contracts in progress37€999-
Amounts receivable within one year40/41€1.95M€1.63M▼
Trade receivables40€693k€565k▼
Other amounts receivable41€1.26M€1.07M▼
Cash at bank and in hand54/58€128k€224k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€8.23M€7.91M▼
Equity10/15€6.91M€6.30M▼
Contributions10/11€3.61M€3.05M▼
Reserves13€3.31M€3.25M▼
Tax-exempt reserves132€421k€299k▼
Distributable reserves133€2.89M€2.96M▲
Amounts payable17/49€1.31M€1.61M▲
Amounts payable after more than one year17€1k€1k=
Financial debts170/4€0-
Credit institutions173€0-
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€1.31M€1.61M▲
Current portion of amounts payable after more than one year42€64k€75k▲
Financial debts43-€600k
Credit institutions430/8-€600k
Trade debts44€55k€306k▲
Suppliers440/4€55k€306k▲
Taxes, remuneration and social security45€252k€269k▲
Taxes450/3€93k€93k▲
Remuneration and social security454/9€159k€176k▲
Other amounts payable47/48€942k€359k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Operating income70/76A€2.50M€2.06M▼
Turnover70€2.43M€2.00M▼
Change in stocks of work in progress, finished goods and contracts in progress71-€-999
Other operating income74€68k€67k▼
Operating charges60/66A€1.59M€1.60M▲
Goods for resale, raw materials and consumables60€255k€-778▼
Purchases600/8€252k€40▼
Change in stocks: decrease (increase)609€2k€-818▼
Services and other goods61€419k€448k▲
Remuneration, social security and pensions62€800k€1.01M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€127k▲
Other operating charges640/8€7k€8k▲
Operating profit (loss)9901€914k€467k▼
Financial income75/76B€23k€143k▲
Recurring financial income75€23k€143k▲
Income from financial fixed assets750-€49k
Income from current assets751€23k€88k▲
Other financial income752/9€364€6k▲
Financial charges65/66B€25k€36k▲
Recurring financial charges65€25k€36k▲
Debt charges650€20k€34k▲
Other financial charges652/9€4k€1k▼
Profit (loss) for the period before taxes9903€912k€575k▼
Income taxes67/77€235k€182k▼
Taxes670/3€235k€182k▼
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€678k€392k▼
Transfer from tax-exempt reserves789€0€122k▲
Transfer to tax-exempt reserves689€126k-
Profit (loss) for the period to be appropriated9905€551k€514k▼
Appropriation of the result
Profit (loss) to be appropriated9906€551k€514k▼
Transfer to equity691/2€551k€514k▼
To other reserves6921€551k€514k▼
Social balance
Average headcount (FTE)90877.810.4▲
The notes to these accounts (44 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €678k ▲24.8%
Operating result €914k, net result €678k, both a record.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €69k ▼89.6%
Net result drops to €69k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Waregem · 1 establishment unit since 2010
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.
Nokerseweg 1688790 WaregemGround area
2,679 m²
Building footprint
262 m²
Volume, LiDAR
1,307 m³
Parcel 34452B0224/00D002, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nokerseweg 168, 8790 Waregem
since 20102.189.884.173
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0224/00D002 | Flanders | 2,679 m² | 1 · 262 m² | 8.1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 4,434 EUR awarded · 4,434 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,017 EUR | 2,017 EUR |
| 2024 | 1 | 1,352 EUR | 1,352 EUR |
| 2022 | 2 | 1,065 EUR | 1,065 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
967600VYE4S38NM9LF71
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Of 1,566 companies in sector 46900 we hold annual accounts for 920. 325 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2010
Fiscal year end31-12
Activities, NACEBEL
46900Non-specialised wholesale trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 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.