SALIMATT CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of SALIMATT CONSTRUCT is 5.8% (elevated). The 2024 annual accounts show negative equity (-€1,828) and a net result of -€13,101. Its solvency ranks better than 7% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 13-07-2023 Normal situation
- Activity
- Bricklaying and masonry work NACE 43910and 5 others
- Establishment unit
- 2.350.424.321 7134 Binche, since 13-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 09-04-2026
Board and ownership
- SALIBBA CarmeloDirector · since 13-07-2023
- SALIBBA MatthiasDirector · since 13-07-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.8%
- Gross margin
- -€11,808
- Loss
- €13,101
- Equity
- -€1,828
- Total assets
- €11,411
- ▼ 31.0%
- Negative equity on 31-12-2024
- 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 07-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 92 days late; 2 of the last 3 accounts lateFounded in 2023lowers riskSize: total assets €11,411Show the evidence
Checked score
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 6% of them on solvency, 26% on liquidity, 4% on profitability and 3% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 106 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 4 November 2026.
Annual accounts 2024 filed on 31-10-2025 PDF all 2 filings
Every figure per financial year
The operating result for 2024 is a loss of €12,713, after a profit of €12,413 in 2023.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2023 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €643 |
| Depreciation and write-downs of the year | - | €9 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €9 | - |
| Other operating charges640/8 | - | €896 | - |
| Gross operating margin9900 | €12,413 | -€11,808 | - |
| Operating profit (loss)9901 | €12,413 | -€12,713 | - |
| Financial income75/76B | €0 | €0 | ▲ 13× |
| Recurring financial income75 | €0 | €0 | ▲ 13× |
| Financial charges65/66B | €19 | €388 | ▲ 21× |
| Recurring financial charges65 | €19 | €204 | ▲ 988% |
| Non-recurring financial charges66B | - | €184 | - |
| Profit (loss) for the period before taxes9903 | €12,394 | -€13,101 | - |
| Income taxes67/77 | €3,121 | - | - |
| Profit (loss) for the period9904 | €9,273 | -€13,101 | - |
| Profit (loss) for the period to be appropriated9905 | €9,273 | -€13,101 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €16,531 | €11,411 | ▼ 31.0% |
| Fixed assets21/28 | - | €635 | - |
| Tangible fixed assets22/27 | - | €635 | - |
| Furniture and vehicles24 | - | €635 | - |
| Current assets29/58 | €16,531 | €10,777 | ▼ 34.8% |
| Amounts receivable within one year40/41 | €10,627 | €7,321 | ▼ 31.1% |
| Trade receivables40 | - | €4,522 | - |
| Other amounts receivable41 | €10,627 | €2,799 | ▼ 73.7% |
| Cash at bank and in hand54/58 | €5,904 | €3,455 | ▼ 41.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €16,531 | €11,411 | ▼ 31.0% |
| Equity10/15 | €11,273 | -€1,828 | - |
| Contributions10/11 | €2,000 | €2,000 | = |
| Reserves13 | €9,273 | - | - |
| Distributable reserves133 | €9,273 | - | - |
| Profit (loss) carried forward14 | - | -€3,828 | - |
| Amounts payable17/49 | €5,258 | €13,239 | ▲ 152% |
| Amounts payable within one year42/48 | €5,258 | €13,239 | ▲ 152% |
| Trade debts44 | €2,100 | €9,197 | ▲ 338% |
| Suppliers440/4 | €2,100 | €9,197 | ▲ 338% |
| Taxes, remuneration and social security45 | €3,158 | €3,290 | ▲ 4.2% |
| Taxes450/3 | €3,158 | €3,290 | ▲ 4.2% |
| Other amounts payable47/48 | - | €752 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €9,273 | -€13,101 | - |
| + Depreciation and write-downs630 | - | €9 | - |
| Operating cash flow (approximation) | €9,273 | -€13,092 | - |
| Change in cash | - | -€2,449 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as SALIMATT CONSTRUCT has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SALIMATT CONSTRUCT itself: 5.8% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for SALIMATT CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- SALIBBA Matthias 75 shares (75%) · €1,500
- SALIBBA Carmelo 25 shares (25%) · €500
Capital transactions
- 17-07-2023 Incorporation · €2,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SALIBBA Carmelo |
|
| SALIBBA Matthias |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée,statutaires si nommés dans statuts, 1”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Après confirmation Tribunal de l’Entreprise compétent, plus étendus conférés par loi”
Articles of association, deed of 17-07-2023 (in French)
Network & group
SALIMATT CONSTRUCT shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of SALIMATT CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
17-07
Gazette deed
IncorporationStarting capital €2,000 · Appointments: SALIBBA Matthias (director) and SALIBBA Carmelo (director) · Founder13 points ▸
- Incorporation, 12-07-2023
- Founder, SALIBBA Matthias (comparant)
- Founder, SALIBBA Carmelo (comparant)
- Founding capital, €2,000
- Declaration, “attestation de dépôt, dépôt effectué conformément à la loi” (deed in French)
- Other provision, “arrêt des statuts, comparants arrêtent les statuts” (deed in French)
- Capital
- Other provision, “sous condition suspensive dépôt extrait constitutif au greffe tribunal entreprise, efficacité décisions transitoires” (deed in French)
- Registered office clause, “7134 Péronnes-lez-Binche,chaussée Brunehault,314/0003” (deed in French)
- Board rule, 2
- Director appointment, SALIBBA Matthias (director)
- Director appointment, SALIBBA Carmelo (director)
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
15 activities
- Tous travaux de maçonnerie ;
- Construction générale de bâtiments résidentiels et non résidentiels ;
- Tous travaux de toiture ;
- Réalisation du gros œuvre de maisons individuelles,de bâtiments à cellules multiples(appartements,etc…) ;
- Coordination générale sur le chantier ;
- Aménagement extérieur : pose de bordure,pavés,voiries,etc... ;
- Travaux de génie civil ;
- Pose/construction de terrasse : en carrelage,bois,pavé,etc… ;
- Plafonnage ;
- Plomberie ;
- Pose de carrelage de sols et de murs ;
- Travaux de revêtements des sols et des murs ;
- Pose de chape ;
- Pose de chape isolante ;
- Autres activités de construction spécialisées(code NACE 43.999).
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0803.905.712
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 55032B0415/00V000 | Wallonia | 308 m² | 1 · 118 m² | 7.1 m · 2 |