SALMON ENTEC

Active

Public limited companyfounded 1990active for 36 yearsBrugstraat 10, 3890 Gingelom, BelgiumKBO/BCE: BE 0441.839.651

Summary

The computed 12-month bankruptcy probability of SALMON ENTEC is 2.8% (moderate). The 2024 annual accounts show equity of €82,544 and a net result of €11,862. Equity is growing by about 36% per year across the filed financial years. Its solvency ranks better than 35% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

SALMON ENTECActiveChecked score 51/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001Installation of electric heating, air conditioning, cooling and ventilation NACE 43222

Oldest company in Gingelom, Construction sector3 sites

Size

≈ €630,000turnover 2024, estimated

Staff: 2 FTE
Equity: €82,544
Profit: €11,862

Turnover estimated from the gross margin

Financial health

51 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 2.8%

Structure

2025 accounts not filed, 91 days past the deadline4 deeds in the Belgian Official Gazette

Why 51raises riskFigures for financial year 2024 (filed 28-10-2025)Sector: Construction of residential and non-residential buildings (NACE 41)1 financial year not filed after the legal deadline; last filed accounts filed 85 days late; 1 of the last 3 latelowers riskFounded in 1990Show the evidence

Checked score

Score 2024

51 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 36% of its sector peers (NACE 41, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 53+6

equity 27.7% of total assets

Liquidity 23-9

short-term debt 61.9% · cash 4.6%

Profitability 50-4

return on assets 4.0%

Bankruptcy probability, 12 months

2.8% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,447 companies, NACE 41, micro)

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.5%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025 09-2025: 1.2%▲ +0.2 percentage points vs 08-2025 10-2025: 1.5%▲ +0.3 percentage points vs 09-2025 11-2025: 1.1%▼ -0.4 percentage points vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.5 percentage points vs 07-2026 09-2026: 2.1%▲ +0.4 percentage points vs 08-2026 10-2026: 2.8%▲ +0.7 percentage points vs 09-2026highest value

Credit of up to €4,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity tight (current ratio 1.16, compared with 1.08 in 2023, below the usual 1.5; short-term debt: 61.9% and cash: 4.6% of total assets), and 72.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 35% on solvency, 19% on liquidity, 29% on profitability and 61% on growth.

The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Figures for financial year 2024 (filed 28-10-2025)

NBB · annual accounts

Founded in 1990

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Construction of residential and non-residential buildings (NACE 41)

KBO

1 financial year not filed after the legal deadline; last filed accounts filed 85 days late; 1 of the last 3 late

NBB · filings

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 91 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline30-10-2026 today

2024 accounts filed 85 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-10-2025, 85 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 filings

Deviation from the deadline

2025

not filed

2024

85 days late

2023

47 days early

2022

34 days early

2021

117 days late

2020

95 days late

2019

60 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 46 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

24-10-2025 Annual accounts filedfinancial year 2024 · micro…
14-06-2024 Annual accounts filedfinancial year 2023 · micro…
31-12-2023 Highest result from 2018 to 2024net €18,829 ▲76.3%

Key points

Risk: 2025 accounts not fileddeadline was 31-07-2026 91 days past the deadline View
Positive: Oldest company in Gingelom, Construction sectorin the Checked rankings No. 1 View
Positive: 6 profitable years in a rowprofit 2024: €11,862 6 years View

By topic

Financials

Financial year: 2024
Total assets: €297,935
Profit: €11,862
Solvency: 27.7%

Total assets▼ 9.2%

Net result

20182024

Go to Financials

Timeline

Events: 36
Since: 1992

27-06-2023Annual accounts filed
25-11-2022Annual accounts filed
03-11-2021Annual accounts filed

Go to Timeline

Company details

Sites: 3

Legal form: Public limited company
Activity: General construction of residential buildingsNACE 41001
Founded: 22-10-1990
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about SALMON ENTEC

What is the company number of SALMON ENTEC?: 0441.839.651. In Belgium the VAT number is the company number with BE in front: BE 0441.839.651.
Where is SALMON ENTEC based?: The registered office is at Brugstraat 10, 3890 Gingelom.Company details
What does SALMON ENTEC do?: According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of SALMON ENTEC?: Public limited company (NV).
When was SALMON ENTEC founded?: On 22-10-1990.
Is SALMON ENTEC still active?: Yes, SALMON ENTEC is an active enterprise in the KBO register.
How many employees does SALMON ENTEC have?: On average 2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of SALMON ENTEC?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SALMON ENTEC profitable?: In financial year 2024, SALMON ENTEC made a profit of €11,862.
Where can I find the annual accounts of SALMON ENTEC?: SALMON ENTEC filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2024.