SALVEX is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €189k and a net result of €2k. Equity is shrinking by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 9864 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health 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.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
40 d early
2022
49 d early
2021
39 d early
2020
47 d early
2019
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€189k▼ 19.4%
2023 · €235k
2018: €294k
2019: €306k
2020: €376k
2021: €336k
2022: €247k
2023: €235k
2018 → 2024
Net result
€2k▼ 88.4%
2023 · €21k
2018: €48k
2019: €50k
2020: €70k
2021: €-3k
2022: €12k
2023: €21k
2018 → 2024
Total assets
€238k▼ 1.2%
2023 · €241k
2018: €423k
2019: €363k
2020: €398k
2021: €353k
2022: €253k
2023: €241k
2018 → 2024
Solvency
79.6%▼ 18.0pp
2023 · 97.5%
2018: 69.5%
2019: 84.5%
2020: 94.6%
2021: 95.2%
2022: 97.5%
2023: 97.5%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€376k-€336k▼ 10.8%€247k▼ 26.5%€235k▼ 4.9%€189k▼ 19.4%
Operating result€83k-€-3k€17k€32k▲ 85.9%€630▼ 98.0%
Net result€70k-€-3k€12k€21k▲ 84.1%€2k▼ 88.4%
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 2024; 2024 is 98% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €238k
Fixed assets
€39k▲ 5.6%
Current assets
€199k▼ 2.4%
Equity and liabilities €238k
Equity
€189k▼ 19.4%
Debt
€49k▲ 714%
The debt ratio rises from 2.5% to 20.4%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
79.6%▼
2023 · 97.5%
ROE
1.3%▼
2023 · 9.1%
ROA
1.0%▼
2023 · 8.8%
Debt
€49k▲
2023 · €6k
Debt ≤ 1 year
€49k▲
2023 · €6k
Income taxes
€2k▼
2023 · €11k
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€241k€238k▼
Fixed assets21/28€37k€39k▲
Tangible fixed assets22/27€37k€39k▲
Land and buildings22€37k€31k▼
Furniture and vehicles24-€8k
Current assets29/58€204k€199k▼
Amounts receivable within one year40/41€7k€2k▼
Trade receivables40€6k€1k▼
Other amounts receivable41€2k€1k▼
Current investments50/53€190k€194k▲
Cash at bank and in hand54/58€7k€3k▼
Equity and liabilities
Total equity and liabilities10/49€241k€238k▼
Equity10/15€235k€189k▼
Contributions10/11€14k€14k=
Reserves13€221k€175k▼
Distributable reserves133€221k€175k▼
Amounts payable17/49€6k€49k▲
Amounts payable within one year42/48€6k€49k▲
Financial debts43€2k€2k=
Other loans439€2k€2k=
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€2k€7▼
Taxes450/3€2k€7▼
Other amounts payable47/48€508€46k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€39k€10k▼
Operating profit (loss)9901€32k€630▼
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€400€68▼
Recurring financial charges65€400€68▼
Profit (loss) for the period before taxes9903€32k€5k▼
Income taxes67/77€11k€2k▼
Profit (loss) for the period9904€21k€2k▼
Profit (loss) for the period to be appropriated9905€21k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€2k▼
Transfer from equity791/2-€48k
Transfer to equity691/2€21k€2k▼
To other reserves6921€21k€2k▼
Profit to be distributed694/7-€48k
Return on contributions (dividend)694-€48k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-3k ▼105%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €70k ▲41.2%
Operating result €83k, net result €70k, both a record.
31-12
Financial
Liquidity times 5current ratio 24.72
Current ratio from 4.88 to 24.72; short-term debt falls from €47k to €13k.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 4.88
Current ratio from 1.47 to 4.88; short-term debt falls from €120k to €47k.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Pelt · 1 establishment unit since 2007
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.
Mulkensstraat 63900 PeltGround area
1,374 m²
Building footprint
236 m²
Volume, LiDAR
1,056 m³
Parcel 72029A1277/00T000, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SALVEX
since 20072.160.885.232
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72029A1277/00T000 | Flanders | 1,374 m² | 1 · 236 m² | 9.5 m · 1 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
CAR-PARTS-SHOP
BE 0426.493.261
Hasselt · Eq €189k
Kripas
BE 0824.337.672
Izegem · Eq €189k
Evert Lissens
BE 0678.676.633
Boutersem · Eq €189k
LAEREMANS BEHEER
BE 0842.872.392
Willebroek · Eq €189k
Finlau
BE 0751.508.191
Aalst · Eq €189k
Of 24,728 companies in sector 64210 we hold annual accounts for 19,760. 13,493 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-03-2007
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
74141
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.