Equity
-€2,239
Debts exceed assets in financial year 2025.
SALLEMEYN
Lifetime
17 annual accounts with figures on one time axispeak €61,490 (2018)
€5,039▼ 21.4%
lowest -€31,733 (2009)
-€13,649▼ €3,472
peak €50,399 (2019)
-€2,239▼ €13,649
€81,385▼ 7.8%
Board4 names since 2014
3 directorsJolien Sallemeyn and 2 others
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €6,413 to €5,039Loss of €13,649Equity from €11,411 to -€2,239Cash from €12,410 to €17,759
Key points
from the 2025 annual accountsLosses
-€31,780 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Turnover
≈ €15,000 estimated
The micro format states no turnover.
Debts
€81,385 103% of the balance sheet
Financial debts 18%Suppliers 4%Taxes and wages 4%Other 75%
Of this, €23,033 falls due within a year.
Filings
17 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€13,649
Lower net result than 83% of companies in rental and leasing. Sector median €5,256 · 1,848 companies.
Checked score
54
Fair
Financially stronger than 30% of micro companies in rental and leasing (NACE 77)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,166 companies (NACE 77, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.3%▼ -0.1 percentage points vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.3 percentage points vs 07-2025
09-2025: 0.5%▼ -0.2 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 1.0%▲ +0.5 percentage points vs 07-2026
09-2026: 1.1%▲ +0.1 percentage points vs 08-2026
10-2026: 1.4%▲ +0.3 percentage points vs 09-2026highest value
11-2026: 1.4%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€2,239
Loss of €13,649, the second in a row (financial year 2025)
Last filed accounts filed 61 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €79,146
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 77, micro). It does better than 19% of them on solvency, 78% on liquidity, 18% on profitability and 5% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,907 companies had the same profile as SALLEMEYN has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SALLEMEYN itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,447 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 6,907 companies, not a prediction for SALLEMEYN. 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.
Credit verdict
No credit on open account
Liquidity is ample, with a current ratio of 1.89 (2.07 in 2024), above the usual 1.5. Short-term debt is 29.1% and cash 22.4% of total assets. However, equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€2,239
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
61 days late
2024
25 days late
2023
14 days early
2022
46 days early
2021
61 days early
2020
31 days late
2019
35 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 48 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0897045706
Resignation: Pol Sallemeyn (day-to-day manager)
Director discharge: Pol Sallemeyn · General meeting of 07-12-2020 · Gazette deed
First establishment
Rijksweg 12, Zulte
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SALLEMEYN Zulte | €79,146 | €5,039 | -2.8% | - |
| BM-RENTING Diksmuide | €103,287 | €4,788 | 5.9% | - |
| ROKADE Antwerp | €144,701 | €5,945 | 78.4% | - |
| Radeva Transport Belgium Antwerp | €27,979 | €5,528 | -376.9% | - |
| JO-INVEST Wuustwezel | €255,978 | €12,471 | 61.9% | - |
| G.D. ACTIVITY Beaumont | €51,543 | -€7,774 | 12.2% | - |
| CUMA DU BEAU FRENE Beauvechain | €75,584 | €275 | 90.6% | - |
These companies have the same main activity as SALLEMEYN: rental and leasing activities (NACE 77120). They are comparable in size and age: total assets between €28,000 and €256,000, founded between 1999 and 2014.
Official details
Source: KBO- Status
- Active since 28-03-2008Normal situation
- Activity
- Rental and leasing activitiesNACE 77120and 5 others
- Establishment unit
- 2.170.586.7179870 Zulte, since 16-05-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 20-09-2026
Insights on SALLEMEYN
SALLEMEYN files the micro format. That format states no turnover. The gross margin rose from -€26,112 in 2009 to €5,039 in 2025.
The balance sheet grew most from 2014 to 2015 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SALLEMEYN
- What is the company number of SALLEMEYN?
- The company number of SALLEMEYN is 0897.045.706. The VAT number is the same number with BE in front: BE 0897.045.706.
- Where is SALLEMEYN based?
- The registered office is at Rijksweg 12, 9870 Zulte.Company details
- What does SALLEMEYN do?
- According to the KBO register, the main activity is rental and leasing activities (NACE 77120).
- What is the legal form of SALLEMEYN?
- SALLEMEYN is a private limited company (BV).
- When was SALLEMEYN founded?
- SALLEMEYN was founded on 28-03-2008.
- Is SALLEMEYN still active?
- Yes, SALLEMEYN is an active enterprise in the KBO register.
- What is the turnover of SALLEMEYN?
- The turnover in financial year 2025 is ≈ €15,000. This figure is estimated from the gross margin of €5,039 and 48 comparable companies (NACE 77). It probably lies between €11,000 and €30,000. It is a rough estimate.Financials
- Is SALLEMEYN profitable?
- In financial year 2025, SALLEMEYN made a loss of €13,649.
- Where can I find the annual accounts of SALLEMEYN?
- SALLEMEYN filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SALLEMEYN due?
- SALLEMEYN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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