SALINE
ActiveSALINE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €217k and a net result of €18k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 76% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
94
/ 100
Excellent▲ +33 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability42▲+8
Solvency100▲+25
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 3.07 against 0.93 in 2023), and 32.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 06-06-2025, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d early
2023
13 d late
2022
30 d late
2021
22 d late
2020
47 d early
2019
18 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€217k▲ 6.7%
2023 · €203k
2018: €98k
2019: €89k
2020: €87k
2021: €155k
2022: €193k
2023: €203k
2018 → 2024
Total assets
€322k▼ 4.4%
2023 · €337k
2018: €410k
2019: €396k
2020: €382k
2021: €401k
2022: €373k
2023: €337k
2018 → 2024
Net result
€18k▲ 29.7%
2023 · €14k
2018: €158
2019: €-5k
2020: €3k
2021: €72k
2022: €43k
2023: €14k
2018 → 2024
Working capital
€83k
2023 · €-9k
2018: €-72k
2019: €-90k
2020: €-105k
2021: €-55k
2022: €-32k
2023: €-9k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€87k-€155k▲ 77.2%€193k▲ 25.2%€203k▲ 4.9%€217k▲ 6.7%
Operating result€5k-€73k▲ 1,420%€48k▼ 34.2%€22k▼ 55.2%€24k▲ 11.3%
Net result€3k-€72k▲ 2,494%€43k▼ 39.6%€14k▼ 67.8%€18k▲ 29.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 11% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €322k
Fixed assets
€199k▼ 6.2%
Current assets
€123k▼ 1.3%
Equity and liabilities €322k
Equity
€217k▲ 6.7%
Debt
€105k▼ 21.2%
The debt ratio falls from 39.7% to 32.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€37k▲
2023 · €35k
Cash flow
€31k▲
2023 · €28k
Solvency
67.3%▲
2023 · 60.3%
Current ratio
3.07▲
2023 · 0.93
Quick ratio
3.07▲
2023 · 0.93
Debt / equity
0.49▼
2023 · 0.66
ROE
8.4%▲
2023 · 6.9%
ROA
5.6%▲
2023 · 4.2%
Interest coverage
6.90▲
2023 · 4.04
Debt
€105k▼
2023 · €134k
Debt ≤ 1 year
€40k▼
2023 · €134k
Debt > 1 year
€64k
Income taxes
€5k▲
2023 · €4k
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€337k€322k▼
Formation expenses20-€0
Fixed assets21/28€212k€199k▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€210k€197k▼
Land and buildings22€209k€197k▼
Plant, machinery and equipment23-€0
Furniture and vehicles24€999€433▼
Other tangible fixed assets26-€0
Financial fixed assets28€2k€2k=
Current assets29/58€125k€123k▼
Amounts receivable within one year40/41€119k€118k▼
Trade receivables40€221€0▼
Other amounts receivable41€118k€118k=
Cash at bank and in hand54/58€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€337k€322k▼
Equity10/15€203k€217k▲
Contributions10/11€224k€224k=
Capital10€224k€224k=
Issued capital100€224k€224k=
Profit (loss) carried forward14€-60k€-42k▲
Investment grants15€39k€34k▼
Amounts payable17/49€134k€105k▼
Amounts payable after more than one year17-€64k
Financial debts170/4-€64k
Amounts payable within one year42/48€134k€40k▼
Current portion of amounts payable after more than one year42-€6k
Financial debts43€75k-
Credit institutions430/8€75k-
Trade debts44€22k€23k▲
Suppliers440/4€22k€23k▲
Taxes, remuneration and social security45€9k€10k▲
Taxes450/3€9k€10k▲
Other amounts payable47/48€28k€205▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€13k▼
Other operating charges640/8€14k€7k▼
Gross operating margin9900€50k€44k▼
Operating profit (loss)9901€22k€24k▲
Financial income75/76B€5k€5k▼
Recurring financial income75€5k€5k▼
Financial charges65/66B€9k€5k▼
Recurring financial charges65€9k€5k▼
Profit (loss) for the period before taxes9903€18k€23k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€14k€18k▲
Profit (loss) for the period to be appropriated9905€14k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-60k€-42k▲
Profit (loss) brought forward from the previous period14P€-74k€-60k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 3.07
Current ratio from 0.93 to 3.07; short-term debt falls from €134k to €40k.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Equity above €200kEq €203k ▲4.9%
4 profitable years in a row build equity to €203k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Highest result since 2018net €72k ▲2494%
Operating result €73k, net result €72k, both a record.
31-12
Financial
Equity above €150kEq €155k ▲77.2%
2 profitable years in a row build equity to €155k.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-5k ▼2994%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Charleroi · 1 establishment unit since 2004
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.
Rue du Parc 536000 CharleroiGround area
719 m²
Parcel 52011B0239/00T171, Wallonia. Linked by address, not a title deed.
1 establishment unit
Saline
since 20042.139.232.852
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011B0239/00T171 | Wallonia | 719 m² | - | - |
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.
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Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 4,822 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-09-2004
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
70201
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0495/439280