SALOCIN
ActiveSummary
SALOCIN has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€70,140) and a net result of -€12,674. Equity is shrinking by ~35.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 17239 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-11
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.55 against 0.48 in 2024; short-term debt: 157.8% and cash: 2.6% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-469.6%
Return on assets
-84.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€70,140
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
67 d late
2023
62 d late
2022
14 d early
2021
26 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 24 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 31 August (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€70,140▼ 22.1%
2024 · -€57,466
Total assets
€14,935▼ 40.7%
2024 · €25,205
Net result
-€12,674▼ 67.1%
2024 · -€7,582
Working capital
-€10,585▲ 46.9%
2024 · -€19,923
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€6,156--€12,181▼ 97.9%-€34,301▼ 182%-€6,422▲ 81.3%-€11,424▼ 77.9%
Net result-€5,363below the sector's middle half--€12,335below the sector's middle half▼ 130%-€35,186below the sector's middle half▼ 185%-€7,582below the sector's middle half▲ 78.5%-€12,674below the sector's middle half▼ 67.1%
Equity-€2,363below the sector's middle half--€14,698below the sector's middle half▼ 522%-€49,884below the sector's middle half▼ 239%-€57,466below the sector's middle half▼ 15.2%-€70,140below the sector's middle half▼ 22.1%
Total assets€24,235below the sector's middle half-€109,076within the sector's middle half▲ 350%€35,769below the sector's middle half▼ 67.2%€25,205below the sector's middle half▼ 29.5%€14,935below the sector's middle half▼ 40.7%
Debt€26,599-€123,774▲ 365%€85,653▼ 30.8%€82,672▼ 3.5%€85,075▲ 2.9%
Working capital€3,435below the sector's middle half-€61,199within the sector's middle half▲ 1,682%-€25,247below the sector's middle half-€19,923below the sector's middle half▲ 21.1%-€10,585below the sector's middle half▲ 46.9%
Solvency-9.8%below the sector's middle half--13.5%below the sector's middle half▼ 3.7pp-139.5%below the sector's middle half▼ 126.0pp-228.0%below the sector's middle half▼ 88.5pp-469.6%below the sector's middle half▼ 241.6pp
Current ratio1.18below the sector's middle half-2.54within the sector's middle half▲ 1.370.46below the sector's middle half▼ 2.090.48below the sector's middle half▲ 0.030.55below the sector's middle half▲ 0.07
Return on assets (ROA)-22.1%below the sector's middle half--11.3%below the sector's middle half▲ 10.8pp-98.4%below the sector's middle half▼ 87.1pp-30.1%below the sector's middle half▲ 68.3pp-84.9%below the sector's middle half▼ 54.8pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11,424 in 2025 against €6,422 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14,935
Fixed assets
€1,945 ▼ 69.9%
Current assets
€12,990 ▼ 30.7%
Key figures and ratios
EBITDA
-€6,077▼
2024 · €1,484
Cash flow
-€7,326▼
2024 · €324
Quick ratio
0.18▲
2024 · 0.14
Debt to equity
-1.21▲
2024 · -1.44
Interest coverage
-4.86▼
2024 · 1.28
Debt ≤ 1 year
€23,575▼
2024 · €38,672
Debt > 1 year
€61,500▲
2024 · €44,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,056 | €2,871 | €6,923 | €7,906 | €5,347 | ▼ 32.4% |
| Other operating charges640/8 | €1,293 | €1,413 | €649 | €387 | €1,009 | ▲ 160% |
| Gross operating margin9900 | -€1,808 | -€7,897 | -€26,728 | €1,871 | -€5,068 | ▼ 371% |
| Operating profit (loss)9901 | -€6,156 | -€12,181 | -€34,301 | -€6,422 | -€11,424 | ▼ 77.9% |
| Financial income75/76B | €1,061 | €25 | - | - | €0 | - |
| Recurring financial income75 | €1,061 | €25 | - | - | €0 | - |
| Financial charges65/66B | €268 | €179 | €885 | €1,160 | €1,249 | ▲ 7.7% |
| Recurring financial charges65 | €268 | €179 | €885 | €1,160 | €1,249 | ▲ 7.7% |
| Profit (loss) for the period before taxes9903 | -€5,363 | -€12,335 | -€35,186 | -€7,582 | -€12,674 | ▼ 67.1% |
| Profit (loss) for the period9904 | -€5,363 | -€12,335 | -€35,186 | -€7,582 | -€12,674 | ▼ 67.1% |
| Profit (loss) for the period to be appropriated9905 | -€5,363 | -€12,335 | -€35,186 | -€7,582 | -€12,674 | ▼ 67.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €24,235 | €109,076 | €35,769 | €25,205 | €14,935 | ▼ 40.7% |
| Fixed assets21/28 | €1,202 | €8,253 | €14,363 | €6,456 | €1,945 | ▼ 69.9% |
| Intangible fixed assets21 | - | €7,291 | €13,391 | €5,999 | €1,038 | ▼ 82.7% |
| Tangible fixed assets22/27 | €1,202 | €762 | €772 | €257 | €707 | ▲ 175% |
| Plant, machinery and equipment23 | €1,202 | €762 | €772 | €257 | €707 | ▲ 175% |
| Financial fixed assets28 | - | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €23,033 | €100,823 | €21,406 | €18,749 | €12,990 | ▼ 30.7% |
| Stocks and contracts in progress3 | €12,420 | €12,208 | €14,670 | €13,431 | €8,670 | ▼ 35.4% |
| Stocks30/36 | €12,420 | €12,208 | €14,670 | €13,431 | €8,670 | ▼ 35.4% |
| Amounts receivable within one year40/41 | €949 | €87,842 | €5,662 | €4,319 | €3,931 | ▼ 9.0% |
| Trade receivables40 | €949 | €87,842 | €5,662 | €4,319 | €3,931 | ▼ 9.0% |
| Cash at bank and in hand54/58 | €9,665 | €495 | €564 | €999 | €389 | ▼ 61.0% |
| Deferred charges and accrued income490/1 | - | €278 | €510 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €24,235 | €109,076 | €35,769 | €25,205 | €14,935 | ▼ 40.7% |
| Equity10/15 | -€2,363 | -€14,698 | -€49,884 | -€57,466 | -€70,140 | ▼ 22.1% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€5,363 | -€17,698 | -€52,884 | -€60,466 | -€73,140 | ▼ 21.0% |
| Amounts payable17/49 | €26,599 | €123,774 | €85,653 | €82,672 | €85,075 | ▲ 2.9% |
| Amounts payable after more than one year17 | €7,000 | €14,500 | €39,000 | €44,000 | €61,500 | ▲ 39.8% |
| Financial debts170/4 | €7,000 | €14,500 | €39,000 | €44,000 | €61,500 | ▲ 39.8% |
| Amounts payable within one year42/48 | €19,599 | €39,624 | €46,653 | €38,672 | €23,575 | ▼ 39.0% |
| Current portion of amounts payable after more than one year42 | €7,000 | - | - | - | - | - |
| Trade debts44 | €4,801 | €8,677 | €6,044 | €1,530 | - | - |
| Suppliers440/4 | €4,801 | €8,677 | €6,044 | €1,530 | - | - |
| Taxes, remuneration and social security45 | €790 | €4,263 | €1,651 | €7,924 | €6,130 | ▼ 22.6% |
| Taxes450/3 | €790 | €4,263 | €1,651 | €2,648 | €2,005 | ▼ 24.3% |
| Remuneration and social security454/9 | - | - | - | €5,275 | €4,125 | ▼ 21.8% |
| Other amounts payable47/48 | €7,008 | €26,684 | €38,958 | €29,218 | €17,445 | ▼ 40.3% |
| Accrued charges and deferred income492/3 | - | €69,650 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,363 | -€12,335 | -€35,186 | -€7,582 | -€12,674 | ▼ 67.1% |
| + Depreciation and write-downs630 | €3,056 | €2,871 | €6,923 | €7,906 | €5,347 | ▼ 32.4% |
| Operating cash flow (approximation) | -€2,308 | -€9,464 | -€28,263 | €324 | -€7,326 | ▼ 2,363% |
| Investment in fixed assets (approximation) | - | -€9,921 | -€13,033 | €0 | -€836 | - |
| Change in cash | - | -€9,170 | €69 | €435 | -€609 | ▼ 240% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
31-12
Financial
Weakest financial yearnet -€35,186
Net result drops to -€35,186, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 2.54
Current ratio from 1.18 to 2.54.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Kortenberg · 1 establishment unit since 2021
Ground area
576 m²
Building footprint
263 m²
Volume, LiDAR
1,444 m³
Parcel 24026A0264/00N000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SALOCIN
since 20212.312.527.213
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24026A0264/00N000 | Flanders | 576 m² | 1 · 263 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 30,008 companies in sector 62200 we hold annual accounts for 18,400. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
73300Public relations and communication consultancy
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761848886
Registered
31-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.