SALVATEL
ActiveSALVATEL has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111k and a net result of €7k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 4149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-10
Solvency100=
Growth53▼-14
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 23.3 against 6.74 in 2024; short-term debt: 3.6% and cash: 79.9% of total assets), and 3.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
96.4%
Return on assets
6.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
37 d early
2023
35 d early
2022
40 d early
2021
55 d early
2020
38 d early
2019
54 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€54k▼ 53.8%
2024 · €116k
2019: €96k
2020: €97k
2021: €99k
2022: €99k
2023: €104k
2024: €116k
2019 → 2025
EBIT margin
20.4%▼ 5.6pp
2024 · 26.0%
2019: 37.5%
2020: 31.7%
2021: 31.9%
2022: 11.8%
2023: 19.1%
2024: 26.0%
2019 → 2025
Net result
€7k▼ 67.7%
2024 · €22k
2018: €-1k
2019: €30k
2020: €22k
2021: €22k
2022: €8k
2023: €14k
2024: €22k
2018 → 2025
Working capital
€92k▲ 15.8%
2024 · €79k
2018: €4k
2019: €21k
2020: €39k
2021: €64k
2022: €76k
2023: €85k
2024: €79k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€99k-€99k=€104k▲ 4.7%€116k▲ 11.3%€54k▼ 53.8%
Equity€73k-€80k▲ 9.4%€85k▲ 5.6%€105k▲ 23.6%€111k▲ 5.8%
Operating result€32k-€12k▼ 63.0%€20k▲ 70.1%€30k▲ 51.1%€11k▼ 63.8%
Net result€22k-€8k▼ 65.2%€14k▲ 80.6%€22k▲ 57.1%€7k▼ 67.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 64% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115k
Fixed assets
€19k▼ 25.0%
Current assets
€96k▲ 3.1%
Equity and liabilities €115k
Equity
€111k▲ 5.8%
Debt
€4k▼ 70.2%
The debt ratio falls from 11.6% to 3.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▼
2024 · €37k
Cash flow
€13k▼
2024 · €28k
Solvency
96.4%▲
2024 · 88.4%
Current ratio
23.30▲
2024 · 6.74
Quick ratio
23.30▲
2024 · 6.74
Debt / equity
0.04▼
2024 · 0.13
ROE
6.3%▼
2024 · 20.6%
ROA
6.1%▼
2024 · 18.2%
Interest coverage
175.18▼
2024 · 348.17
Debt
€4k▼
2024 · €14k
Debt ≤ 1 year
€4k▼
2024 · €14k
Income taxes
€4k▼
2024 · €9k
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€119k€115k▼
Fixed assets21/28€26k€19k▼
Tangible fixed assets22/27€26k€19k▼
Furniture and vehicles24€26k€19k▼
Current assets29/58€93k€96k▲
Amounts receivable within one year40/41€29k€4k▼
Trade receivables40€28k€3k▼
Other amounts receivable41€616€848▲
Cash at bank and in hand54/58€64k€92k▲
Deferred charges and accrued income490/1€136€136=
Equity and liabilities
Total equity and liabilities10/49€119k€115k▼
Equity10/15€105k€111k▲
Reserves13€102k€108k▲
Distributable reserves133€102k€108k▲
Profit (loss) carried forward14€3k€3k▲
Amounts payable17/49€14k€4k▼
Amounts payable within one year42/48€14k€4k▼
Trade debts44-€355
Suppliers440/4-€355
Taxes, remuneration and social security45€12k€3k▼
Taxes450/3€12k€3k▼
Other amounts payable47/48€2k€860▼
Income statement
Code20242025
Turnover70€116k€54k▼
Goods, raw materials, services and sundry goods60/61€75k€35k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€4k€1k▼
Gross operating margin9900€41k€19k▼
Operating profit (loss)9901€30k€11k▼
Financial income75/76B€231€285▲
Recurring financial income75€231€285▲
Financial charges65/66B€105€99▼
Recurring financial charges65€105€99▼
Profit (loss) for the period before taxes9903€30k€11k▼
Income taxes67/77€9k€4k▼
Profit (loss) for the period9904€22k€7k▼
Profit (loss) for the period to be appropriated9905€22k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€10k▼
Profit (loss) brought forward from the previous period14P€2k€3k▲
Transfer to equity691/2€20k€6k▼
To other reserves6921€20k€6k▼
Profit to be distributed694/7€2k€860▼
Return on contributions (dividend)694€2k€860▼
The notes to these accounts (3 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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity triplescurrent ratio 23.30
Current ratio from 6.74 to 23.30; short-term debt falls from €14k to €4k.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €100kEq €105k ▲23.6%
6 profitable years in a row build equity to €105k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
06-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity triplescurrent ratio 9.47
Current ratio from 3.25 to 9.47; short-term debt falls from €18k to €8k.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
07-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Braine-l'Alleud · 1 establishment unit since 1997
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.
Av des 4 Bonniers 131428 Braine-l'Alleud1 establishment unit
SALVATEL
since 19972.082.673.934
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Of 3,227 companies in sector 47400 we hold annual accounts for 1,806. 1,445 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-1997
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
52487
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filings
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.