Summary
SALVA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €563,193 and a net result of -€12,310. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 67% of 8094 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
36 d early
2023
33 d early
2022
38 d early
2021
39 d early
2020
42 d early
2019
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 25 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€563,193▼ 2.1%
2024 · €575,503
Net result
-€12,310
2024 · €19,980
Total assets
€802,098▼ 1.2%
2024 · €812,060
Solvency
70.2%▼ 0.7pp
2024 · 70.9%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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€187,266▲ 608%€93,566▼ 50.0%€73,371▼ 21.6%€31,938▼ 56.5%€3,450▼ 89.2%
Net result€144,454above the sector's middle half▲ 2,636%€61,193within the sector's middle half▼ 57.6%€69,870within the sector's middle half▲ 14.2%€19,980within the sector's middle half▼ 71.4%-€12,310below the sector's middle half
Equity€424,460above the sector's middle half▲ 51.6%€485,653above the sector's middle half▲ 14.4%€555,523above the sector's middle half▲ 14.4%€575,503above the sector's middle half▲ 3.6%€563,193above the sector's middle half▼ 2.1%
Total assets€859,860within the sector's middle half▲ 2.1%€831,584within the sector's middle half▼ 3.3%€891,900within the sector's middle half▲ 7.3%€812,060within the sector's middle half▼ 9.0%€802,098within the sector's middle half▼ 1.2%
Debt€435,399▼ 22.5%€345,930▼ 20.5%€336,377▼ 2.8%€236,556▼ 29.7%€238,905▲ 1.0%
Working capital€122,821within the sector's middle half▲ 174%€114,713within the sector's middle half▼ 6.6%€180,088above the sector's middle half▲ 57.0%€131,461within the sector's middle half▼ 27.0%€146,764within the sector's middle half▲ 11.6%
Solvency49.4%within the sector's middle half▲ 16.1pp58.4%within the sector's middle half▲ 9.0pp62.3%within the sector's middle half▲ 3.9pp70.9%within the sector's middle half▲ 8.6pp70.2%within the sector's middle half▼ 0.7pp
Current ratio4.08above the sector's middle half▲ 2.333.50within the sector's middle half▼ 0.597.97above the sector's middle half▲ 4.476.01above the sector's middle half▼ 1.966.03above the sector's middle half▲ 0.02
Return on assets (ROA)16.8%within the sector's middle half▲ 16.2pp7.4%within the sector's middle half▼ 9.4pp7.8%within the sector's middle half▲ 0.5pp2.5%within the sector's middle half▼ 5.4pp-1.5%below the sector's middle half▼ 4.0pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2021 Net result +2,636% on 2020. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 89% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €802,098
Fixed assets
€626,142 ▼ 4.3%
Current assets
€175,956 ▲ 11.6%
Equity and liabilities €802,098
Equity
€563,193 ▼ 2.1%
Debt
€238,905 ▲ 1.0%
Debt's share of the balance-sheet total rises from 29.1% to 29.8%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-2.2%▼
2024 · 3.5%
Debt ≤ 1 year
€29,192▲
2024 · €26,247
Debt > 1 year
€209,713▼
2024 · €210,310
Income taxes
€511▼
2024 · €5,994
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,225 | €41,107 | €40,947 | €47,012 | €51,080 | ▲ 8.7% |
| Other operating charges640/8 | - | €5,426 | €5,019 | €5,716 | €4,590 | ▼ 19.7% |
| Gross operating margin9900 | €235,785 | €140,100 | €119,338 | €84,667 | €59,120 | ▼ 30.2% |
| Operating profit (loss)9901 | €187,266 | €93,566 | €73,371 | €31,938 | €3,450 | ▼ 89.2% |
| Financial income75/76B | - | - | €31,000 | €12,000 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | - | €31,000 | €0 | €0 | ▼ 50.0% |
| Non-recurring financial income76B | - | - | €31,000 | €12,000 | €0 | ▼ 100% |
| Financial charges65/66B | - | €13,666 | €17,028 | €17,964 | €15,249 | ▼ 15.1% |
| Recurring financial charges65 | €18,224 | €13,666 | €17,028 | €17,964 | €15,249 | ▼ 15.1% |
| Profit (loss) for the period before taxes9903 | €169,042 | €79,900 | €87,344 | €25,974 | -€11,799 | ▼ 145% |
| Income taxes67/77 | €24,589 | €18,707 | €17,474 | €5,994 | €511 | ▼ 91.5% |
| Profit (loss) for the period9904 | €144,454 | €61,193 | €69,870 | €19,980 | -€12,310 | ▼ 162% |
| Profit (loss) for the period to be appropriated9905 | €144,454 | €61,193 | €69,870 | €19,980 | -€12,310 | ▼ 162% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €859,860 | €831,584 | €891,900 | €812,060 | €802,098 | ▼ 1.2% |
| Fixed assets21/28 | €697,205 | €670,940 | €685,966 | €654,352 | €626,142 | ▼ 4.3% |
| Tangible fixed assets22/27 | €697,205 | €670,940 | €685,966 | €654,352 | €626,142 | ▼ 4.3% |
| Land and buildings22 | - | €659,914 | €635,447 | €614,469 | €593,505 | ▼ 3.4% |
| Plant, machinery and equipment23 | - | €6,156 | €4,394 | €3,127 | €5,853 | ▲ 87.2% |
| Furniture and vehicles24 | - | €4,870 | €46,126 | €36,756 | €26,784 | ▼ 27.1% |
| Current assets29/58 | €162,654 | €160,643 | €205,934 | €157,708 | €175,956 | ▲ 11.6% |
| Amounts receivable within one year40/41 | €75,189 | €80,077 | €68,089 | €53,361 | €70,631 | ▲ 32.4% |
| Trade receivables40 | - | €55,055 | €60,563 | €39,355 | €70,573 | ▲ 79.3% |
| Other amounts receivable41 | - | €25,022 | €7,526 | €14,006 | €57 | ▼ 99.6% |
| Cash at bank and in hand54/58 | €74,638 | €66,078 | €137,844 | €88,808 | €87,761 | ▼ 1.2% |
| Deferred charges and accrued income490/1 | - | €14,488 | €0 | €15,538 | €17,565 | ▲ 13.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €859,860 | €831,584 | €891,900 | €812,060 | €802,098 | ▼ 1.2% |
| Equity10/15 | €424,460 | €485,653 | €555,523 | €575,503 | €563,193 | ▼ 2.1% |
| Contributions10/11 | - | €470,000 | €470,000 | €470,000 | €470,000 | = |
| Reserves13 | €33,952 | €33,952 | €33,952 | €105,503 | €93,193 | ▼ 11.7% |
| Non-distributable reserves130/1 | - | €33,952 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €33,952 | €0 | - | - | - |
| Distributable reserves133 | - | - | €33,952 | €105,503 | €93,193 | ▼ 11.7% |
| Profit (loss) carried forward14 | -€79,492 | -€18,299 | €51,571 | €0 | - | - |
| Amounts payable17/49 | €435,399 | €345,930 | €336,377 | €236,556 | €238,905 | ▲ 1.0% |
| Amounts payable after more than one year17 | €383,369 | €300,000 | €299,425 | €210,310 | €209,713 | ▼ 0.3% |
| Financial debts170/4 | - | €0 | - | - | - | - |
| Other amounts payable178/9 | - | €300,000 | €299,425 | €210,310 | €209,713 | ▼ 0.3% |
| Amounts payable within one year42/48 | €39,833 | €45,930 | €25,846 | €26,247 | €29,192 | ▲ 11.2% |
| Current portion of amounts payable after more than one year42 | - | €4,192 | €0 | - | - | - |
| Financial debts43 | - | €666 | €1,289 | €48 | €53 | ▲ 10.4% |
| Credit institutions430/8 | - | €666 | €1,289 | €48 | €53 | ▲ 10.4% |
| Trade debts44 | €5,985 | €6,206 | €6,612 | €7,005 | €6,512 | ▼ 7.0% |
| Suppliers440/4 | - | €6,206 | €6,612 | €7,005 | €6,512 | ▼ 7.0% |
| Taxes, remuneration and social security45 | - | €34,867 | €17,945 | €19,193 | €22,627 | ▲ 17.9% |
| Taxes450/3 | - | €31,867 | €14,945 | €16,193 | €19,627 | ▲ 21.2% |
| Remuneration and social security454/9 | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Accrued charges and deferred income492/3 | - | €0 | €11,106 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €144,454 | €61,193 | €69,870 | €19,980 | -€12,310 | ▼ 162% |
| + Depreciation and write-downs630 | €40,225 | €41,107 | €40,947 | €47,012 | €51,080 | ▲ 8.7% |
| Operating cash flow (approximation) | €184,679 | €102,300 | €110,817 | €66,993 | €38,770 | ▼ 42.1% |
| Investment in fixed assets (approximation) | - | -€14,842 | -€55,973 | -€15,398 | -€22,870 | ▼ 48.5% |
| Change in cash | - | -€8,559 | €71,766 | -€49,036 | -€1,047 | ▲ 97.9% |
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
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity doublescurrent ratio 7.97
Current ratio from 3.50 to 7.97; short-term debt falls from €45,930 to €25,846.
30-09
Financial
Equity above €500,000Eq €555,523 ▲14.4%
4 profitable years in a row build equity to €555,523.
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €144,454 ▲2,636%
Operating result €187,266, net result €144,454, both a record.
30-09
Financial
Liquidity doublescurrent ratio 4.08
Current ratio from 1.75 to 4.08; short-term debt falls from €59,580 to €39,833.
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €5,279
Net result €5,279 after one loss-making year.
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
30-09
Financial
Weakest financial yearnet -€32,095
Net result drops to -€32,095, the lowest in the series; recovery starts the following year.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Hamont-Achel · 1 establishment unit since 2006
Ground area
1,866 m²
Building footprint
280 m²
Volume, LiDAR
1,937 m³
Parcel 72012C0881/00S000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SALVA
since 20062.153.914.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72012C0881/00S000 | Flanders | 1,866 m² | 1 · 280 m² | 10.6 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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 13,551 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-05-2006
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0881233221
Also
9925:BE0881233221
Registered
23-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.