Financials
- Fiscal year
- 2024
- Total assets
- €23,728
- Profit
- €2,191
- Solvency
- -217.2%
Total assets▲ 163%
Net result
20182024
SALINAS
ActiveSummary
The computed 12-month bankruptcy probability of SALINAS is 2.5% (moderate). The 2024 annual accounts show negative equity (-€51,541) and a net result of €2,191. Equity is shrinking by ~60.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 4343 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Photography, excluding press photography
NACE 74201
1 site
How big
€23,728total assets 2024
- Equity
- -€51,541
- Profit
- €2,191
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue0 of 1 deed read
Why 51- Liquidity: current ratio 0.23, cash €44- 1 financial year not filed after the legal deadline; latest accounts 109 days late; 3 of the last 3 late+ Founded in 2009+ Size: total assets €23,728Show the evidence
Checked score
Score 2024
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 26% of its sector peers (NACE 74, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -217.2% of total assets
Liquidity
0=
short-term debt 309.6% · cash 0.2%
Profitability
77+77
return on assets 9.2%
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Liquidity: current ratio 0.23, cash €44 raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 109 days late; 3 of the last 3 late raises the probability
- Founded in 2009 lowers the probability for this profile
- Size: total assets €23,728 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.23 against 0.05 in 2023; short-term debt: 309.6% and cash: 0.2% of total assets), and equity is negative.
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 74, micro). Better than this share of them on solvency 6%, liquidity 2%, profitability 48%, growth against the median 49%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 4343 sector peers (2024).
NBB · sector comparisonPosition among 4343 sector peers
Solvency
better than 5%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-11-2025, 109 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
109 d late
2023
91 d late
2022
66 d late
2021
25 d late
2020
30 d late
2019
106 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 71 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €2,191
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 17-11-2025Annual accounts filed
- 31-12-2024Back to profit
- 30-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Photography, excluding press photographyNACE 74201
- Founded
- 15-04-2009
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.