SALT & MINT
ActiveSummary
The computed 12-month bankruptcy probability of SALT & MINT is 1.6% (moderate). The 2025 annual accounts show equity of €35,610 and a net result of €7,661. Equity has been growing by about 51% per year since 2023. Its solvency ranks better than 50% of 17,021 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-09-2023 Normal situation
- Activity
- Full-service restaurants NACE 56111and 3 others
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
- Establishment unit
- 2.349.377.810 2018 Antwerpen, since 12-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Board and ownership
- ASRAR AmalDirector · since 12-09-2023
- ASRAR Amal35 sharesact of 14-09-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Gross margin
- €125,041
- ▼ 4.4%
- Turnover
- ≈ €360,000
- estimated
- Profit
- €7,661
- ▼ 63.0%
- Equity
- €35,610
- ▲ 27.4%
- Total assets
- €120,043
- ▲ 0.4%
- Employees on 31-12-2025
- 4
- =
Score breakdownraises riskFounded in 2023Sector: Food and beverage service activities (NACE 56)Size: total assets €120,043lowers riskLiquidity: current ratio 1.22, cash €92,461Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 50% of them on solvency, 66% on liquidity, 60% on profitability and 71% on growth.
The bankruptcy probability was computed on 04-11-2026 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
The company filed its last 3 accounts on average 10 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 60% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 3 | 4 | 4 |
| full-time | 0 | 1 | 1 |
| part-time | 3 | 3 | 3 |
| in full-time equivalents | 0 | 3.1 | 2.8 |
| Average over the year, in full-time equivalents | 0.7 | 2.7 | 2.7 |
| Joined | 14 | 35 | 35 |
| Left | 11 | 34 | 35 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €24,099 | €5,662 | €3,904 |
| Intangible fixed assets | - | €1,533 | - |
| Financial fixed assets | - | - | €2,700 |
| Depreciation and write-downs of the year | €704 | €8,857 | €10,894 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €22,577 | €82,145 | €95,425 | ▲ 16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €704 | €8,857 | €10,894 | ▲ 23.0% |
| Other operating charges640/8 | €854 | €2,196 | €3,734 | ▲ 70.0% |
| Gross operating margin9900 | €29,549 | €130,785 | €125,041 | ▼ 4.4% |
| Operating profit (loss)9901 | €5,413 | €37,587 | €14,988 | ▼ 60.1% |
| Financial income75/76B | - | €26 | €70 | ▲ 170% |
| Recurring financial income75 | - | €26 | €70 | ▲ 170% |
| Financial charges65/66B | €206 | €8,829 | €3,709 | ▼ 58.0% |
| Recurring financial charges65 | €206 | €8,829 | €3,709 | ▼ 58.0% |
| Profit (loss) for the period before taxes9903 | €5,207 | €28,784 | €11,349 | ▼ 60.6% |
| Income taxes67/77 | €1,475 | €8,066 | €3,689 | ▼ 54.3% |
| Profit (loss) for the period9904 | €3,732 | €20,718 | €7,661 | ▼ 63.0% |
| Profit (loss) for the period to be appropriated9905 | €3,732 | €20,718 | €7,661 | ▼ 63.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €84,388 | €119,549 | €120,043 | ▲ 0.4% |
| Fixed assets21/28 | €23,395 | €21,733 | €17,443 | ▼ 19.7% |
| Intangible fixed assets21 | - | €1,473 | €1,167 | ▼ 20.8% |
| Tangible fixed assets22/27 | €23,395 | €20,259 | €13,576 | ▼ 33.0% |
| Land and buildings22 | - | €2,565 | €1,992 | ▼ 22.3% |
| Plant, machinery and equipment23 | €5,737 | €4,921 | €3,398 | ▼ 30.9% |
| Furniture and vehicles24 | €17,658 | €12,773 | €8,186 | ▼ 35.9% |
| Financial fixed assets28 | - | - | €2,700 | - |
| Current assets29/58 | €60,993 | €97,816 | €102,600 | ▲ 4.9% |
| Stocks and contracts in progress3 | €2,731 | €2,493 | €2,193 | ▼ 12.0% |
| Stocks30/36 | €2,731 | €2,493 | €2,193 | ▼ 12.0% |
| Amounts receivable within one year40/41 | €1,206 | €0 | €3,415 | - |
| Trade receivables40 | €213 | €0 | €1,030 | - |
| Other amounts receivable41 | €993 | €0 | €2,385 | - |
| Cash at bank and in hand54/58 | €54,200 | €91,131 | €92,461 | ▲ 1.5% |
| Deferred charges and accrued income490/1 | €2,856 | €4,192 | €4,531 | ▲ 8.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €84,388 | €119,549 | €120,043 | ▲ 0.4% |
| Equity10/15 | €7,232 | €27,950 | €35,610 | ▲ 27.4% |
| Contributions10/11 | €3,500 | €3,500 | €3,500 | = |
| Reserves13 | €3,732 | €24,450 | €32,110 | ▲ 31.3% |
| Distributable reserves133 | €3,732 | €24,450 | €32,110 | ▲ 31.3% |
| Amounts payable17/49 | €77,156 | €91,599 | €84,433 | ▼ 7.8% |
| Amounts payable within one year42/48 | €77,156 | €86,883 | €84,415 | ▼ 2.8% |
| Trade debts44 | €10,408 | €11,652 | €8,342 | ▼ 28.4% |
| Suppliers440/4 | €10,408 | €11,652 | €8,342 | ▼ 28.4% |
| Taxes, remuneration and social security45 | €6,913 | €12,360 | €14,291 | ▲ 15.6% |
| Taxes450/3 | €2,465 | €9,257 | €6,809 | ▼ 26.4% |
| Remuneration and social security454/9 | €4,447 | €3,102 | €7,482 | ▲ 141% |
| Other amounts payable47/48 | €59,836 | €62,871 | €61,783 | ▼ 1.7% |
| Accrued charges and deferred income492/3 | - | €4,716 | €17 | ▼ 99.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,732 | €20,718 | €7,661 | ▼ 63.0% |
| + Depreciation and write-downs630 | €704 | €8,857 | €10,894 | ▲ 23.0% |
| Operating cash flow (approximation) | €4,436 | €29,575 | €18,554 | ▼ 37.3% |
| Investment in fixed assets (approximation) | - | -€7,195 | -€6,604 | ▲ 8.2% |
| Change in cash | - | €36,931 | €1,330 | ▼ 96.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,976 companies had the same profile as SALT & MINT has now. Two years later, 94.4% were still going and 3.6% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SALT & MINT itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,446 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 7,976 companies, not a prediction for SALT & MINT. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- ASRAR Amal 35 shares (100%) · €3,500
Capital transactions
- 14-09-2023 Incorporation · €3,500 · 35 shares
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 35 shares
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Bij niet-integrale terugbetaling legt vereffenaar voor sluiting vereffening plan voor verdeling activa onder categorieën schuldeisers ter…”
Articles of association, deed of 14-09-2023 (in Dutch)
Network & group
SALT & MINT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SALT & MINT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
14-09
Gazette deed
IncorporationFounding capital of €3,500, 35 shares · Founder: ASRAR Amal · Appointment: ASRAR Amal (director)4 points ▸
- Incorporation, 11-09-2023
- Founder, ASRAR Amal
- Founding capital, €3,500, 35 shares
- Director appointment, ASRAR Amal (director)
- The act holds 2 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
19 activities
- Het uitbaten in de meest ruime zin van alle soorten eet- en drankgelegenheden,verbruikssalons,cafés,snackbars,fastfood zaken,frituren,tavernes,koffiehuizen,brasserieën,tearooms,restaurants,hotels,gastenverblijven,discotheken en dancings,alsmede de verkoop aan de toog van eetwaren en dranken die ter plaatse verbruikt worden;uithaaldiensten en leveringen aan huis
- De uitbating,het beheer en de inrichting van traiteur- en cateringdiensten,banketten en feestelijkheden
- De bereiding en de handel,de import en de export van alle mogelijke koude en warme gerechten,dranken,gebak en confiserie,vlees- en viswaren,ijs- en rookwaren en alle aanverwante artikelen en grondstoffen
- Het aan- en verkopen van horeca-apparatuur
- De organisatie,het opzetten,besturen,promoten en uitvoeren van feesten,bijeenkomsten,bals,galabals en allerhande vrijetijdsevenementen in de meest ruime zin
- E-Commerce,zijnde de transacties in het kader van een verkoop op afstand die op digitale wijze gebeuren. Doch gezien het gaat om verkoop op afstand op digitale wijze kan deze gebeuren van op het even welk toestel of device dat toegang heeft tot het internet of een intern netwerk van de vennootschap of één van zijn verwante vennootschappen en vanop eender welke plaats in binnen-en buitenland
- Het uitbaten van een adviesbureau;adviesbureau op het gebied van public relations en communicatie,activiteiten van hoofdkantoren,overige adviesbureaus op het gebied van bedrijfsbeheer,bedrijfsvoering ed.,bedrijfsopleiding en training,onderwijs ondersteunende activiteiten,organisatie van arbeidsbemiddeling op allerlei vlakken,..
- De creatie,ontwerp en productie van allerlei producten
- Het verwerven,verkopen en beheren van alle intellectuele rechten in de ruimste zin
- De studie en onderzoek van opleidings- en managementtechnieken en -methodieken,evenals het geven,organiseren en toepassen van deze technieken en methoden,onder andere door het geven van voordrachten,lessenreeksen en opleidingen aan derden
- Management-diensten (o.a. formuleren en bereiken van de ondernemingsdoelstellingen in de gegeven context;bepaling van de strategie,financieel beheer,innovatie,etc…) te verlenen aan vennootschappen (cliënten)
- Het waarnemen van beheersopdrachten,het uitoefenen van mandaten en functies welke rechtstreeks of onrechtstreeks met haar maatschappelijk doel verband houden
- Advies en bijstand aan de bedrijfswereld,waaronder management- en bedrijfsadvies,consultancy
- Het uitoefenen van het mandaat van bestuurder,zaakvoerder,gedelegeerd bestuurder of bedrijfsleider in andere vennootschappen of ondernemingen
- Het beheer en de uitbreiding voor eigen rekening van een patrimonium bestaande uit roerende en onroerende goederen zowel in het binnenland als in het buitenland alsmede alle handelingen die daar rechtstreeks of onrechtstreeks verband mee houden of die van aard zijn de opbrengst van haar goederen te bevorderen,zoals de aankoop en de verkoop,huur en verhuur,de ruiling of in het algemeen de verwerving of de overdracht van goederen zo roerende als onroerende,het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van goederen
- Voor eigen rekening of voor rekening van derden alle commerciële,industriële,financiële,burgerlijke,roerende en onroerende handelingen of verrichtingen stellen,die haar nuttig voorkomen om rechtstreeks of onrechtstreeks haar maatschappelijk voorwerp te realiseren of de realisatie ervan te bevorderen of te vergemakkelijken
- Bij wijze van inbreng,opslorping,fusie,intekening of op enige andere wijze belangen nemen in alle ondernemingen,verenigingen of vennootschappen met een gelijkaardig of aanverwant voorwerp
- Zich ten gunste van derden borg stellen of hen aval verlenen,hypothecaire of andere zekerheden verstrekken
- De functie van bestuurder in andere vennootschappen waarnemen,mits naleving van artikel 2:55 WVV
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11806F1281/00A002 | Flanders | 135 m² | 1 · 89 m² | 13.7 m · 4 |