SALIMECOLOR
ActiveSummary
The computed 12-month bankruptcy probability of SALIMECOLOR is 2.7% (moderate). The 2024 annual accounts show equity of €120k and a net result of €21k. Equity is growing by ~32.2% per year across the filed fiscal years. Its solvency ranks better than 70% of 36375 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▼-17
Solvency89▲+1
Growth52=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.55 against 2.16 in 2023; short-term debt: 29.3% and cash: 42.4% of total assets), and 35.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 24-07-2025, 7 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
22 d late
2022
25 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€120k▲ 20.1%
2023 · €100k
2022: €56k
2023: €100k
2022 → 2024
Total assets
€187k▲ 18.4%
2023 · €158k
2022: €104k
2023: €158k
2022 → 2024
Net result
€21k▼ 53.5%
2023 · €45k
2022: €51k
2023: €45k
2022 → 2024
Working capital
€84k▲ 25.7%
2023 · €67k
2022: €42k
2023: €67k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€56k-€100k▲ 79.3%€120k▲ 20.1%
Operating result€64k-€53k▼ 17.2%€27k▼ 49.7%
Net result€51k-€45k▼ 12.5%€21k▼ 53.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 50% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €187k
Fixed assets
€48k ▲ 46.5%
Current assets
€139k ▲ 11.1%
Equity and liabilities €187k
Equity
€120k ▲ 20.1%
Debt
€67k ▲ 15.4%
Debt's share of the balance-sheet total falls from 36.8% to 35.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€43k▼
2023 · €63k
Cash flow
€38k▼
2023 · €55k
Current ratio
2.55▲
2023 · 2.16
Debt to equity
0.56▼
2023 · 0.58
ROE
17.5%▼
2023 · 45.1%
ROA
11.2%▼
2023 · 28.5%
Interest coverage
32.28▼
2023 · 82.70
Debt ≤ 1 year
€55k▼
2023 · €58k
Debt > 1 year
€12k
Income taxes
€4k▼
2023 · €7k
Staff costs
€25k▼
2023 · €76k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€158k€187k▲
Fixed assets21/28€32k€48k▲
Tangible fixed assets22/27€32k€48k▲
Plant, machinery and equipment23€18k€18k▲
Furniture and vehicles24€14k€29k▲
Current assets29/58€125k€139k▲
Amounts receivable within one year40/41€75k€57k▼
Trade receivables40€75k€57k▼
Other amounts receivable41-€383
Cash at bank and in hand54/58€47k€79k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€158k€187k▲
Equity10/15€100k€120k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€95k€115k▲
Amounts payable17/49€58k€67k▲
Amounts payable after more than one year17-€12k
Financial debts170/4-€12k
Amounts payable within one year42/48€58k€55k▼
Current portion of amounts payable after more than one year42-€7k
Trade debts44€20k€10k▼
Suppliers440/4€20k€10k▼
Taxes, remuneration and social security45€24k€19k▼
Taxes450/3€9k€12k▲
Remuneration and social security454/9€15k€6k▼
Other amounts payable47/48€13k€19k▲
Income statement
Code20232024
Remuneration, social security and pensions62€76k€25k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€17k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A-€353
Gross operating margin9900€140k€70k▼
Operating profit (loss)9901€53k€27k▼
Financial income75/76B€22€0▼
Recurring financial income75€22€0▼
Financial charges65/66B€765€1k▲
Recurring financial charges65€765€1k▲
Profit (loss) for the period before taxes9903€52k€25k▼
Income taxes67/77€7k€4k▼
Profit (loss) for the period9904€45k€21k▼
Profit (loss) for the period to be appropriated9905€45k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€116k▲
Profit (loss) brought forward from the previous period14P€51k€95k▲
Profit to be distributed694/7€833€859▲
Return on contributions (dividend)694€833€859▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €21k ▼53.5%
Net result drops to €21k, the lowest in the series.
31-12
Financial
Equity above €100kEq €120k ▲20.1%
3 profitable years in a row build equity to €120k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gesves · 1 establishment unit since 2021
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.
Chaussée de Gramptinne 1395340 GesvesGround area
419 m²
Building footprint
155 m²
Volume, LiDAR
675 m³
2 parcels, Wallonia · tallest building 12.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SALIMECOLOR
since 20212.323.994.690
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92054E0385/02M000 | Wallonia | 222 m² | 1 · 93 m² | - |
| 92302G0312/00C003 | Wallonia | 198 m² | 1 · 62 m² | 12.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
INDICO PAINTING
BE 0897.362.044
Antwerpen · Eq €119,593
Janssens MJ Schilder- en decoratiewerken
BE 0834.271.066
Arendonk · Eq €119,732
COOL RENOV
BE 0742.739.787
Sint-Pieters-Leeuw · Eq €119,756
KURT BENEENS SCHILDERWERKEN
BE 0844.765.575
Geel · Eq €119,788
Dany GARBIN
BE 0886.696.202
Leuze-en-Hainaut · Eq €119,813
Of 7,861 companies in sector 43341 we hold annual accounts for 2,663. 2,219 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43230Insulation installation
43333Wallpapering and laying of floor and wall coverings in other materials
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.