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SALLET J.

Active
Public limited companyfounded 1999active for 26 yearsAlbertlaan 30, 9400 Ninove, BelgiumKBO/BCE: BE 0467.515.452
Summary

SALLET J. has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €274,241 and a net result of -€71,129. Equity has been growing by about 4% per year since 2018. Its solvency ranks better than 39% of 5,039 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 23-11-1999 Normal situation
Activity
Retail sale of hardware, building materials, paint and glass (general range) NACE 47521
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2021
Establishment unit
2.097.009.148 9400 Ninove, since 20-12-1999
Financial year end
31 December
Peppol
Reachable since 23-10-2025

Board and ownership

Board

Financial position

79 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€145,983
▼ 31.5%
Turnover
≈ €830,000
estimated
Loss
€71,129
▲ 23×
Equity
€274,241
▼ 20.6%
Total assets
€1.0m
▼ 15.0%
Employees on 31-12-2025
1
=
Filed on 16-07-2026, 15 days before the deadline
Score breakdownraises riskLoss of €71,129, the second in a row (financial year 2025)Liquidity: current ratio 1.03, cash €26,205, halvedlowers riskFounded in 1999Size: 1 FTE, total assets €1.0mShow the evidence

Checked score

Score 2025
79 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 30% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 52-2
equity 26.6% of total assets
Liquidity 37-11
short-term debt 36.1% · cash 2.5%
Profitability 32-22
return on assets -6.9%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▼ -0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.6%● unchanged vs 08-2026highest value 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.03 (1.46 in 2024), below the usual 1.5. Short-term debt is 36.1% and cash 2.5% of total assets. 73.4% of the assets are financed with debt and provisions.
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 47, micro). It does better than 42% of them on solvency, 34% on liquidity, 26% on profitability and 20% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €71,129, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.03, cash €26,205, halved
NBB · annual accounts
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 1 FTE, total assets €1.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€71,129
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
6 days early
2023
20 days early
2022
60 days late
2021
31 days early
2020
27 days late
2019
15 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 on the deadline day. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 16 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from -€3,107 to -€71,129 ▼ 2,190% View
  • Caution: Lower net result than 86% of companies in retail tradesector median €40,073 · 5,038 companies -€71,129 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€71,129 View

Recent changes

  1. · Gazette deed Appointments: SALLET Jan Marcel Cesarine Maria, PEYNSAERT Anne Guy Raymonde and TONDELEIR Yves AdolfPermanent representative: SALLET Jan Marcel Cesarine Maria
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as SALLET J.: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €700,000 and €1.1m, founded between 1995 and 2000.

CompanyTotal assetsGross margin
SALLET J. Ninove€1.0m€0.1m
VBK - Afrasteringen Haaltert€0.8m€0.1m
CONDUCTO Temse€0.7m€0.2m
CASTERS PRO Oudsbergen€1.0m€0.2m
Huis Nijs - Peeters Bekkevoort€0.7m€0.2m
HOUBAGRI Beauraing€1.1m€0.3m
QUALIMANDJARO Hamme (Vl.)€0.9m€0.3m
Full comparison

Key facts about SALLET J.

What is the company number of SALLET J.?
The company number of SALLET J. is 0467.515.452. The VAT number is the same number with BE in front: BE 0467.515.452.
Where is SALLET J. based?
The registered office is at Albertlaan 30, 9400 Ninove.Company details
What does SALLET J. do?
According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
What is the legal form of SALLET J.?
The legal form of SALLET J. is Public limited company (NV).
When was SALLET J. founded?
SALLET J. was founded on 23-11-1999.
Is SALLET J. still active?
Yes, SALLET J. is an active enterprise in the KBO register.
How many employees does SALLET J. have?
SALLET J. had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SALLET J. fall under?
In its 2021 annual accounts, SALLET J. states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of SALLET J.?
The turnover in financial year 2025 is ≈ €830,000. This figure is estimated from the gross margin of €145,983 and 33 comparable companies (NACE 475). It probably lies between €630,000 and €1.3m.
Is SALLET J. profitable?
In financial year 2025, SALLET J. made a loss of €71,129.
Where can I find the annual accounts of SALLET J.?
SALLET J. filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SALLET J. due?
SALLET J. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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