Salus
ActiveThe computed 12-month bankruptcy probability of Salus is 2.4% (moderate). The 2025 annual accounts show equity of €71k and a net result of €10k. Equity is growing by ~13.4% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55=
Solvency33▲+1
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.04 in 2024; short-term debt: 8.6% and cash: 0.4% of total assets), and 92.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.9%
Return on assets
1.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
26 d early
2024
22 d early
2023
7 d early
2022
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€71k▲ 17.1%
2024 · €61k
2022: €56k
2023: €50k
2024: €61k
2022 → 2025
Total assets
€907k▼ 3.1%
2024 · €935k
2022: €820k
2023: €962k
2024: €935k
2022 → 2025
Net result
€10k▼ 7.5%
2024 · €11k
2022: €-44k
2023: €-6k
2024: €11k
2022 → 2025
Working capital
€-74k▼ 1.7%
2024 · €-73k
2022: €-15k
2023: €-73k
2024: €-73k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€56k-€50k▼ 10.7%€61k▲ 22.6%€71k▲ 17.1%
Operating result€-32k-€8k€24k▲ 194%€23k▼ 5.9%
Net result€-44k-€-6k▲ 86.5%€11k€10k▼ 7.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €907k
Fixed assets
€903k▼ 3.1%
Current assets
€4k▲ 10.8%
Equity and liabilities €907k
Equity
€71k▲ 17.1%
Debt
€835k▼ 4.5%
The debt ratio falls from 93.5% to 92.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▼
2024 · €53k
Cash flow
€39k▼
2024 · €40k
Solvency
7.9%▲
2024 · 6.5%
Current ratio
0.05▲
2024 · 0.04
Quick ratio
0.05▲
2024 · 0.04
Debt / equity
11.69▼
2024 · 14.32
ROE
14.6%▼
2024 · 18.4%
ROA
1.1%▼
2024 · 1.2%
Interest coverage
4.23▲
2024 · 4.15
Debt
€835k▼
2024 · €874k
Debt ≤ 1 year
€78k▲
2024 · €76k
Debt > 1 year
€758k▼
2024 · €798k
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€935k€907k▼
Fixed assets21/28€932k€903k▼
Tangible fixed assets22/27€932k€903k▼
Land and buildings22€925k€898k▼
Furniture and vehicles24€7k€5k▼
Current assets29/58€3k€4k▲
Cash at bank and in hand54/58€3k€3k▲
Deferred charges and accrued income490/1€335€286▼
Equity and liabilities
Total equity and liabilities10/49€935k€907k▼
Equity10/15€61k€71k▲
Contributions10/11€100k€100k=
Outside capital11€100k€100k=
Other1109/19€100k€100k=
Profit (loss) carried forward14€-39k€-29k▲
Amounts payable17/49€874k€835k▼
Amounts payable after more than one year17€798k€758k▼
Financial debts170/4€798k€758k▼
Amounts payable within one year42/48€76k€78k▲
Current portion of amounts payable after more than one year42€40k€41k▲
Trade debts44-€2k
Suppliers440/4-€2k
Other amounts payable47/48€36k€35k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€29k=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€55k€54k▼
Operating profit (loss)9901€24k€23k▼
Financial charges65/66B€13k€12k▼
Recurring financial charges65€13k€12k▼
Profit (loss) for the period before taxes9903€11k€10k▼
Profit (loss) for the period9904€11k€10k▼
Profit (loss) for the period to be appropriated9905€11k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-29k▲
Profit (loss) brought forward from the previous period14P€-50k€-39k▲
The notes to these accounts (4 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
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tongeren-Borgloon · 1 establishment unit since 2020
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.
de Schaetzengaarde 523700 Tongeren-BorgloonGround area
633 m²
Building footprint
227 m²
Volume, LiDAR
772 m³
Parcel 73083D0512/00A000, Flanders · tallest building 11.2 m. Linked by address, not a title deed.
1 establishment unit
Salus
since 20202.309.844.469
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73083D0512/00A000 | Flanders | 633 m² | 1 · 227 m² | 11.2 m |
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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2020
Fiscal year end30-06
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.