SALLET J.
ActiveSALLET J. has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €274k and a net result of €-71k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 39% of 4126 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency41▼-14
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.46 in 2024), and 73.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€71k
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 filingsDeviation from the deadline
2025
15 d early
2024
6 d early
2023
20 d early
2022
60 d late
2021
31 d early
2020
27 d late
2019
15 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-71k▼ 2,190%
2024 · €-3k
2018: €8k
2019: €9k
2020: €64k
2021: €48k
2022: €10k
2023: €5k
2024: €-3k
2018 → 2025
Working capital
€11k▼ 93.0%
2024 · €153k
2018: €377k
2019: €309k
2020: €358k
2021: €280k
2022: €200k
2023: €153k
2024: €153k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€334k-€344k▲ 2.9%€348k▲ 1.4%€345k▼ 0.9%€274k▼ 20.6%
Operating result€109k-€47k▼ 57.0%€31k▼ 34.0%€13k▼ 58.3%€-59k
Net result€48k-€10k▼ 80.2%€5k▼ 50.2%€-3k€-71k▼ 2,190%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €59k after €13k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.03M
Fixed assets
€647k▼ 11.3%
Current assets
€383k▼ 20.5%
Equity and liabilities €1.03M
Equity
€274k▼ 20.6%
Debt
€755k▼ 12.7%
The debt ratio rises from 71.5% to 73.4%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€56k▼
2024 · €123k
Cash flow
€43k▼
2024 · €107k
Solvency
26.6%▼
2024 · 28.5%
Current ratio
1.03▼
2024 · 1.46
Quick ratio
1.03▼
2024 · 1.46
Debt / equity
2.75▲
2024 · 2.51
ROE
-25.9%▼
2024 · -0.9%
ROA
-6.9%▼
2024 · -0.3%
Interest coverage
2.59▼
2024 · 4.24
Debt
€755k▼
2024 · €865k
Debt ≤ 1 year
€372k▲
2024 · €329k
Debt > 1 year
€371k▼
2024 · €522k
Income taxes
€812▼
2024 · €813
Staff costs
€80k▲
2024 · €79k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.21M€1.03M▼
Fixed assets21/28€729k€647k▼
Tangible fixed assets22/27€729k€646k▼
Land and buildings22€514k€466k▼
Plant, machinery and equipment23€14k€19k▲
Furniture and vehicles24€200k€161k▼
Financial fixed assets28€694€694=
Current assets29/58€481k€383k▼
Amounts receivable after more than one year29€275k€251k▼
Other amounts receivable291€275k€251k▼
Amounts receivable within one year40/41€96k€85k▼
Trade receivables40€13k€24k▲
Other amounts receivable41€84k€62k▼
Cash at bank and in hand54/58€87k€26k▼
Deferred charges and accrued income490/1€23k€20k▼
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.03M▼
Equity10/15€345k€274k▼
Contributions10/11€112k€112k=
Capital10€112k€112k=
Issued capital100€112k€112k=
Reserves13€234k€163k▼
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Distributable reserves133€223k€152k▼
Amounts payable17/49€865k€755k▼
Amounts payable after more than one year17€522k€371k▼
Financial debts170/4€522k€371k▼
Amounts payable within one year42/48€329k€372k▲
Current portion of amounts payable after more than one year42€156k€163k▲
Trade debts44€15k€15k▲
Suppliers440/4€15k€15k▲
Taxes, remuneration and social security45€27k€30k▲
Taxes450/3€8k€9k▲
Remuneration and social security454/9€18k€21k▲
Other amounts payable47/48€131k€163k▲
Accrued charges and deferred income492/3€14k€12k▼
Income statement
Code20242025
Remuneration, social security and pensions62€79k€80k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€114k▲
Other operating charges640/8€11k€10k▼
Gross operating margin9900€213k€146k▼
Operating profit (loss)9901€13k€-59k▼
Financial income75/76B€14k€10k▼
Recurring financial income75€14k€10k▼
Financial charges65/66B€29k€22k▼
Recurring financial charges65€29k€22k▼
Profit (loss) for the period before taxes9903€-2k€-70k▼
Income taxes67/77€813€812▼
Profit (loss) for the period9904€-3k€-71k▼
Profit (loss) for the period to be appropriated9905€-3k€-71k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-71k▼
Transfer from equity791/2€3k€71k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-71k
Net result drops to €-71k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €64k ▲580%
Operating result €135k, net result €64k, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ninove · 1 establishment unit since 1999
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.
Albertlaan 309400 NinoveGround area
2.1 ha
Building footprint
802 m²
Volume, LiDAR
4,192 m³
Parcel 41362B1780/00P000, Flanders · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HUBO
since 19992.097.009.148
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B1780/00P000 | Flanders | 2.1 ha | 1 · 802 m² | 6.0 m · 2 fl. |
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.
Similar companies · same sector, comparable size
ETABLISSEMENTS MICHEL
BE 0439.282.019
Soignies · Eq €274k
VERMEERSCH SERVICES
BE 0820.879.326
Kortemark · Eq €275k
MATERIAUX DELYS
BE 0405.611.240
Frasnes-lez-Anvaing · Eq €273k
WILPA PAINT
BE 0888.749.731
Deinze · Eq €272k
S.A. GRETRYTAIL
BE 0474.004.356
Liège · Eq €277k
Of 1,722 companies in sector 47521 we hold annual accounts for 1,289. 1,027 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-11-1999
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52462
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.