SALVATORE
ActiveSALVATORE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €392k and a net result of €86k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 572 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▼-4
Solvency96▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.83 against 4.08 in 2023; short-term debt: 17.8% and cash: 44.1% of total assets), and 29% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
71%
Return on assets
15.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
31 d late
2022
on the day
2021
37 d late
2020
26 d late
2019
11 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€86k▲ 3.4%
2023 · €83k
2018: €4k
2019: €-20k
2020: €26k
2021: €40k
2022: €44k
2023: €83k
2018 → 2024
Working capital
€278k▲ 25.3%
2023 · €222k
2018: €123k
2019: €92k
2020: €108k
2021: €144k
2022: €156k
2023: €222k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€160k-€199k▲ 24.5%€224k▲ 12.5%€307k▲ 37.1%€392k▲ 28.0%
Operating result€37k-€61k▲ 63.6%€70k▲ 16.1%€120k▲ 69.9%€154k▲ 28.6%
Net result€26k-€40k▲ 51.9%€44k▲ 9.9%€83k▲ 89.3%€86k▲ 3.4%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 29% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €552k
Fixed assets
€177k▲ 12.2%
Current assets
€376k▲ 28.1%
Equity and liabilities €552k
Equity
€392k▲ 28.0%
Debt
€160k▲ 10.9%
The debt ratio falls from 32.0% to 29.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€188k▲
2023 · €159k
Cash flow
€120k▼
2023 · €122k
Solvency
71.0%▲
2023 · 68.0%
Current ratio
3.83▼
2023 · 4.08
Quick ratio
3.83▼
2023 · 3.92
Debt / equity
0.41▼
2023 · 0.47
ROE
21.9%▼
2023 · 27.1%
ROA
15.5%▼
2023 · 18.4%
Interest coverage
42.34▼
2023 · 43.10
Debt
€160k▲
2023 · €144k
Debt ≤ 1 year
€98k▲
2023 · €72k
Debt > 1 year
€62k▼
2023 · €72k
Income taxes
€63k▲
2023 · €33k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€451k€552k▲
Fixed assets21/28€157k€177k▲
Tangible fixed assets22/27€157k€176k▲
Land and buildings22€88k€79k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€66k€95k▲
Financial fixed assets28€160€160=
Current assets29/58€293k€376k▲
Stocks and contracts in progress3€12k€439▼
Stocks30/36€370€439▲
Contracts in progress37€11k-
Amounts receivable within one year40/41€73k€82k▲
Trade receivables40€73k€80k▲
Other amounts receivable41-€2k
Current investments50/53-€50k
Cash at bank and in hand54/58€209k€243k▲
Equity and liabilities
Total equity and liabilities10/49€451k€552k▲
Equity10/15€307k€392k▲
Contributions10/11€19k€19k=
Reserves13€285k€369k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€284k€368k▲
Profit (loss) carried forward14€2k€4k▲
Amounts payable17/49€144k€160k▲
Amounts payable after more than one year17€72k€62k▼
Financial debts170/4€72k€62k▼
Amounts payable within one year42/48€72k€98k▲
Current portion of amounts payable after more than one year42€33k€36k▲
Trade debts44€9k€21k▲
Suppliers440/4€9k€21k▲
Taxes, remuneration and social security45€17k€40k▲
Taxes450/3€17k€40k▲
Other amounts payable47/48€12k€1k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€34k▼
Other operating charges640/8€10k€11k▲
Non-recurring operating charges66A-€41
Gross operating margin9900€169k€199k▲
Operating profit (loss)9901€120k€154k▲
Financial income75/76B€111€52▼
Recurring financial income75€96€52▼
Non-recurring financial income76B€15€52▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€4k▲
Non-recurring financial charges66B€573€885▲
Profit (loss) for the period before taxes9903€116k€149k▲
Income taxes67/77€33k€63k▲
Profit (loss) for the period9904€83k€86k▲
Profit (loss) for the period to be appropriated9905€83k€86k▲
Appropriation of the result
Profit (loss) to be appropriated9906€87k€88k▲
Profit (loss) brought forward from the previous period14P€5k€2k▼
Transfer to equity691/2€85k€84k▼
To other reserves6921€85k€84k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
31-12
Financial
Highest result since 2018net €86k ▲3.4%
Operating result €154k, net result €86k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €224k ▲12.5%
3 profitable years in a row build equity to €224k.
06-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 37 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
31-12
Financial
Equity above €150kEq €160k ▲19.7%
Equity rises from €133k to €160k.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 175 days late
2019
31-12
Financial
Weakest financial yearnet €-20k ▼540%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 136 days late
03-01
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 156 days late
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Seraing · 1 establishment unit since 2011
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.
Rue du Pertuis 2144100 SeraingGround area
2,188 m²
Building footprint
843 m²
Volume, LiDAR
8,623 m³
Parcel 62096A0262/00R002, Wallonia · tallest building 14.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SALVATORE
since 20112.205.183.647
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62096A0262/00R002 | Wallonia | 2,188 m² | 1 · 843 m² | 14.5 m · 3 fl. |
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.
Similar companies · same sector, comparable size
Garage Moderne - Verdonck
BE 0425.078.744
Londerzeel · Eq €393k
GARAGE DEGALLAIX
BE 0808.786.394
Tournai · Eq €393k
ETABLISSEMENTS Michel LECOQ
BE 0443.343.151
Stavelot · Eq €393k
AUTO BODY SERVICES
BE 0458.190.881
Zaventem · Eq €393k
THOMAS AUTOMOTIVE
BE 0666.904.296
Opwijk · Eq €391k
Of 7,376 companies in sector 95311 we hold annual accounts for 2,958. 2,166 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-09-2011
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.
Contact details
1 entryE-mail:garage.appeldoorn@hotmail.com