SALVUS
ActiveSALVUS 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 €701k and a net result of €35k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 83% of 5495 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. 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 19-03-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
135 d early
2023
25 d early
2022
40 d early
2021
72 d early
2020
30 d early
2019
10 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€701k▲ 5.2%
2024 · €666k
2018: €456k
2019: €551k
2020: €585k
2021: €585k
2022: €610k
2023: €637k
2024: €666k
2018 → 2025
Net result
€35k▲ 16.5%
2024 · €30k
2018: €82k
2019: €95k
2020: €34k
2021: €-711
2022: €25k
2023: €26k
2024: €30k
2018 → 2025
Total assets
€798k▼ 4.4%
2024 · €835k
2018: €1.27M
2019: €1.21M
2020: €1.12M
2021: €1.02M
2022: €1.00M
2023: €870k
2024: €835k
2018 → 2025
Solvency
87.9%▲ 8.1pp
2024 · 79.8%
2018: 36.0%
2019: 45.5%
2020: 52.1%
2021: 57.4%
2022: 60.8%
2023: 73.1%
2024: 79.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€585k-€610k▲ 4.4%€637k▲ 4.3%€666k▲ 4.7%€701k▲ 5.2%
Operating result€38k-€45k▲ 18.6%€50k▲ 11.1%€55k▲ 11.2%€60k▲ 9.1%
Net result€-711-€25k€26k▲ 3.8%€30k▲ 12.9%€35k▲ 16.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 9% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €798k
Fixed assets
€755k▼ 6.3%
Current assets
€43k▲ 49.5%
Equity and liabilities €798k
Equity
€701k▲ 5.2%
Debt
€97k▼ 42.5%
The debt ratio falls from 20.2% to 12.1%: equity grows while debt is paid down.
Key figures and ratios
Solvency
87.9%▲
2024 · 79.8%
ROE
5.0%▲
2024 · 4.5%
ROA
4.4%▲
2024 · 3.6%
Debt
€97k▼
2024 · €169k
Debt ≤ 1 year
€96k▼
2024 · €168k
Income taxes
€16k▲
2024 · €14k
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€835k€798k▼
Fixed assets21/28€806k€755k▼
Tangible fixed assets22/27€806k€755k▼
Land and buildings22€806k€755k▼
Current assets29/58€29k€43k▲
Amounts receivable within one year40/41€10k€10k▲
Trade receivables40€10k€10k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€19k€33k▲
Equity and liabilities
Total equity and liabilities10/49€835k€798k▼
Equity10/15€666k€701k▲
Contributions10/11€50k€50k=
Reserves13€616k€651k▲
Distributable reserves133€616k€651k▲
Amounts payable17/49€169k€97k▼
Amounts payable within one year42/48€168k€96k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Taxes, remuneration and social security45€11k€12k▲
Taxes450/3€11k€12k▲
Other amounts payable47/48€150k€80k▼
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€51k=
Other operating charges640/8€9k€9k▲
Gross operating margin9900€115k€121k▲
Operating profit (loss)9901€55k€60k▲
Financial charges65/66B€11k€9k▼
Recurring financial charges65€11k€9k▼
Profit (loss) for the period before taxes9903€44k€51k▲
Income taxes67/77€14k€16k▲
Profit (loss) for the period9904€30k€35k▲
Profit (loss) for the period to be appropriated9905€30k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€35k▲
Transfer to equity691/2€30k€35k▲
To other reserves6921€30k€35k▲
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
Next filing, fiscal year 2026, expected by
2026
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
05-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
17-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €-711 ▼102%
Net result drops to €-711, the lowest in the series; recovery starts the following year.
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Highest result since 2018net €95k ▲16.2%
Operating result €155k, net result €95k, both a record.
30-09
Financial
Equity above €500kEq €551k ▲20.9%
2 profitable years in a row build equity to €551k.
16-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-03
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.
Directors · office · real estate
Directors
6 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, Kuurne · 1 establishment unit since 2008
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.
Stokerijstraat 288520 KuurneGround area
1,371 m²
Building footprint
324 m²
Volume, LiDAR
1,999 m³
Parcel 34023A0285/00T000, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SALVUS
since 20082.172.048.546
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023A0285/00T000 | Flanders | 1,371 m² | 1 · 324 m² | 12.4 m · 2 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
COMANTRA
BE 0474.434.324
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MAXAMAT
BE 0898.930.276
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COOL-PRESSING
BE 1001.264.682
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ALTAGENE
BE 0668.672.072
Villers-la-Ville · Eq €702k
IDE COFFEE SYSTEMS
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Asse · Eq €702k
Of 24,637 companies in sector 64210 we hold annual accounts for 19,690. 13,285 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-05-2008
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.