Summary
SALINCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €3.2m and a net result of €20,719. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 20% of 2413 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
12 d late
2023
48 d early
2022
47 d early
2021
32 d early
2020
33 d early
2019
37 d early
← 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 23 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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 Which other companies belong to the same group?SALINCO · 16 companies What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, full schema
In the rankings
#3 company by total assets in Hulshout, Finance and insurance sector#3 company by equity in Hulshout, Finance and insurance sector
Equity
€3.2m▲ 0.7%
2024 · €3.2m
Net result
€20,719▲ 319%
2024 · €4,945
Total assets
€12.4m▲ 78.8%
2024 · €6.9m
Solvency
25.8%▼ 20.0pp
2024 · 45.8%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€204,000▲ 3.0%€204,000=€210,000▲ 2.9%€216,000▲ 2.9%€305,036▲ 41.2%
Operating result€125,707▲ 3.4%€138,929▲ 10.5%€135,571▼ 2.4%€142,829▲ 5.4%€229,279▲ 60.5%
Net result€21,981within the sector's middle half▲ 40.1%€25,622within the sector's middle half▲ 16.6%€34,967within the sector's middle half▲ 36.5%€4,945within the sector's middle half▼ 85.9%€20,719within the sector's middle half▲ 319%
Equity€3.1mwithin the sector's middle half▲ 0.7%€3.1mwithin the sector's middle half▲ 0.8%€3.2mwithin the sector's middle half▲ 1.1%€3.2mwithin the sector's middle half▲ 0.2%€3.2mwithin the sector's middle half▲ 0.7%
Total assets€6.9mwithin the sector's middle half▼ 0.1%€6.9mwithin the sector's middle half▲ 0.5%€6.9mwithin the sector's middle half▲ 0.2%€6.9mwithin the sector's middle half=€12.4mwithin the sector's middle half▲ 78.8%
Debt€3.8m▼ 0.8%€3.8m▲ 0.2%€3.8m▼ 0.5%€3.7m▼ 0.1%€9.2m▲ 145%
Working capital€35,650▼ 18.0%€800▼ 97.8%€18,709▲ 2,238%-€592,348-€767,405▼ 29.6%
Solvency45.1%within the sector's middle half▲ 0.4pp45.3%within the sector's middle half▲ 0.2pp45.7%within the sector's middle half▲ 0.4pp45.8%within the sector's middle half▲ 0.1pp25.8%below the sector's middle half▼ 20.0pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 61% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.4m
Fixed assets
€12.3m ▲ 80.0%
Current assets
€96,638 ▼ 2.9%
Equity and liabilities €12.4m
Equity
€3.2m ▲ 0.7%
Debt
€9.2m ▲ 145%
Debt's share of the balance-sheet total rises from 54.2% to 74.2%. Equity and debt are higher.
Key figures and ratios
ROE
0.7%▲
2024 · 0.2%
ROA
0.2%▲
2024 · 0.1%
Debt ≤ 1 year
€864,043▲
2024 · €691,870
Debt > 1 year
€8.3m▲
2024 · €3.0m
Income taxes
€6,277▲
2024 · €3,665
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €206,170 | €206,048 | €211,854 | €217,841 | €306,877 | ▲ 40.9% |
| Turnover70 | €204,000 | €204,000 | €210,000 | €216,000 | €305,036 | ▲ 41.2% |
| Other operating income74 | €2,170 | €2,048 | €1,854 | €1,841 | €1,841 | = |
| Operating charges60/66A | €80,463 | €67,119 | €76,283 | €75,012 | €77,598 | ▲ 3.4% |
| Services and other goods61 | €79,206 | €60,476 | €69,595 | €73,128 | €75,583 | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23 | €5,159 | €5,561 | €798 | €373 | ▼ 53.2% |
| Other operating charges640/8 | €1,234 | €1,484 | €1,127 | €1,086 | €1,642 | ▲ 51.2% |
| Operating profit (loss)9901 | €125,707 | €138,929 | €135,571 | €142,829 | €229,279 | ▲ 60.5% |
| Financial income75/76B | - | - | €13,884 | €0 | €0 | ▼ 52.4% |
| Recurring financial income75 | - | - | €13,884 | €0 | €0 | ▼ 52.4% |
| Other financial income752/9 | - | - | - | €0 | €0 | ▼ 52.4% |
| Non-recurring financial income76B | - | - | €13,884 | - | - | - |
| Financial charges65/66B | €99,269 | €100,192 | €99,372 | €134,219 | €202,283 | ▲ 50.7% |
| Recurring financial charges65 | €99,269 | €100,192 | €99,372 | €134,219 | €202,283 | ▲ 50.7% |
| Debt charges650 | €99,172 | €99,899 | €99,256 | €134,111 | €202,175 | ▲ 50.8% |
| Other financial charges652/9 | €97 | €293 | €116 | €108 | €108 | = |
| Profit (loss) for the period before taxes9903 | €26,438 | €38,737 | €50,084 | €8,611 | €26,997 | ▲ 214% |
| Income taxes67/77 | €4,457 | €13,115 | €15,117 | €3,665 | €6,277 | ▲ 71.3% |
| Taxes670/3 | €4,457 | €13,115 | €15,117 | €3,665 | €6,277 | ▲ 71.3% |
| Profit (loss) for the period9904 | €21,981 | €25,622 | €34,967 | €4,945 | €20,719 | ▲ 319% |
| Profit (loss) for the period to be appropriated9905 | €21,981 | €25,622 | €34,967 | €4,945 | €20,719 | ▲ 319% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.9m | €6.9m | €6.9m | €6.9m | €12.4m | ▲ 78.8% |
| Fixed assets21/28 | €6.8m | €6.8m | €6.8m | €6.8m | €12.3m | ▲ 80.0% |
| Tangible fixed assets22/27 | €1,562 | €6,732 | €1,171 | €373 | - | - |
| Furniture and vehicles24 | €1,562 | €6,732 | €1,171 | €373 | - | - |
| Financial fixed assets28 | €6.8m | €6.8m | €6.8m | €6.8m | €12.3m | ▲ 80.0% |
| Affiliated companies280/1 | €6.8m | €6.8m | €6.8m | €6.8m | €12.3m | ▲ 80.0% |
| Participating interests280 | €6.8m | €6.8m | €6.8m | €6.8m | €12.3m | ▲ 80.0% |
| Other financial fixed assets284/8 | €2,135 | €2,135 | - | - | - | - |
| Shares284 | €2,135 | €2,135 | - | - | - | - |
| Current assets29/58 | €47,051 | €74,798 | €98,015 | €99,522 | €96,638 | ▼ 2.9% |
| Amounts receivable within one year40/41 | €23,113 | €20,570 | €67,199 | €44,134 | €78,107 | ▲ 77.0% |
| Trade receivables40 | €20,570 | €20,570 | €21,780 | €21,780 | €52,030 | ▲ 139% |
| Other amounts receivable41 | €2,543 | - | €45,419 | €22,354 | €26,077 | ▲ 16.7% |
| Cash at bank and in hand54/58 | €23,793 | €45,321 | €21,900 | €47,173 | €10,968 | ▼ 76.7% |
| Deferred charges and accrued income490/1 | €145 | €8,907 | €8,916 | €8,215 | €7,564 | ▼ 7.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.9m | €6.9m | €6.9m | €6.9m | €12.4m | ▲ 78.8% |
| Equity10/15 | €3.1m | €3.1m | €3.2m | €3.2m | €3.2m | ▲ 0.7% |
| Contributions10/11 | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | = |
| Reserves13 | €99,117 | €124,738 | €159,705 | €164,650 | €185,370 | ▲ 12.6% |
| Non-distributable reserves130/1 | €10,099 | €10,099 | €10,099 | - | - | - |
| Reserves not available under the articles1311 | €10,099 | €10,099 | €10,099 | - | - | - |
| Distributable reserves133 | €89,018 | €114,639 | €149,606 | €164,650 | €185,370 | ▲ 12.6% |
| Amounts payable17/49 | €3.8m | €3.8m | €3.8m | €3.7m | €9.2m | ▲ 145% |
| Amounts payable after more than one year17 | €3.7m | €3.7m | €3.7m | €3.0m | €8.3m | ▲ 177% |
| Other amounts payable178/9 | €3.7m | €3.7m | €3.7m | €3.0m | €8.3m | ▲ 177% |
| Amounts payable within one year42/48 | €11,401 | €73,998 | €79,306 | €691,870 | €864,043 | ▲ 24.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €87,968 | - |
| Trade debts44 | €520 | €349 | €701 | €839 | €1,875 | ▲ 123% |
| Suppliers440/4 | €520 | €349 | €701 | €839 | €1,875 | ▲ 123% |
| Taxes, remuneration and social security45 | €10,881 | €46,649 | €56,606 | €50,247 | €21,735 | ▼ 56.7% |
| Taxes450/3 | €10,881 | €46,649 | €56,606 | €50,247 | €21,735 | ▼ 56.7% |
| Other amounts payable47/48 | - | €27,000 | €22,000 | €640,784 | €752,466 | ▲ 17.4% |
| Accrued charges and deferred income492/3 | €99,256 | €778 | €2,163 | €57,750 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,981 | €25,622 | €34,967 | €4,945 | €20,719 | ▲ 319% |
| + Depreciation and write-downs630 | €23 | €5,159 | €5,561 | €798 | €373 | ▼ 53.2% |
| Operating cash flow (approximation) | €22,004 | €30,781 | €40,528 | €5,743 | €21,092 | ▲ 267% |
| Investment in fixed assets (approximation) | - | -€10,330 | €2,135 | €0 | -€5.5m | - |
| Change in cash | - | €21,528 | -€23,421 | €25,273 | -€36,205 | ▼ 243% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 25 days late
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 12 days late
2024
31-12
Financial
Weakest financial yearnet €4,945 ▼85.9%
Net result drops to €4,945, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €34,967 ▲36.5%
Net result €34,967, the highest in the series.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity triplescurrent ratio 4.36
Current ratio from 1.52 to 4.36; short-term debt falls from €42,372 to €12,944.
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Hulshout · 1 establishment unit since 2013
Ground area
1,156 m²
Building footprint
203 m²
Volume, LiDAR
682 m³
Parcel 13050B0341/00A002, Flanders · tallest building 4.0 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
SALINCO
since 20132.229.474.229
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13050B0341/00A002 | Flanders | 1,156 m² | 1 · 203 m² | 4.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Heads the group
SALINCO
16 companies
Group, risk and exposure
Owners and holdings
5 holdings · 15 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 5
-
90%
-
90%
-
90%
-
90%
-
90%
All subsidiaries, including indirect ones 15
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- DISTRI-LOG 90%
- DISTRI-LOG TRANSPORT 90%
- IMMO - WEST 90%
- MARIMMO 90%
WEST-BEHEER 90%10 subsidiaries
According to the 2025 annual accounts of SALINCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 9,538 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0543583149
Registered
11-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.