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SILEX

Active
Private limited companyfounded 200323 yrs activeSpaanse Lindebaan 133, 1850 Grimbergen, BelgiumKBO/BCE: BE 0479.903.342
Summary

SILEX has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.6m and a net result of €850,967. Equity is growing by ~44.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability79=
Solvency100▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600,000 at 30 days acceptable
Liquidity ample (current ratio 38.22 against 13.99 in 2023; short-term debt: 2.2% and cash: 2.6% of total assets), and 23.8% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
76.2%
Return on assets
8.6%
Age of the figures
21 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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 d early
2024
31 d early
2023
33 d early
2022
32 d early
2021
32 d early
2020
33 d early
2019
7 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 30 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SILEX was incorporated on 1 April 2003.1 Total assets rose from EUR 1.7 million in 2018 to EUR 9.9 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€7.6m▲ 7.2%
2023 · €7.1m
Total assets
€9.9m▲ 1.0%
2023 · €9.8m
Net result
€850,967▲ 10.3%
2023 · €771,263
Working capital
€8.1m▲ 7.1%
2023 · €7.6m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20202021202220232024
Operating result€434,729▲ 21.7%€769,033▲ 76.9%€7.0m▲ 804%€1.0m▼ 85.2%€947,723▼ 8.1%
Net result€286,603above the sector's middle half▲ 36.0%€517,137above the sector's middle half▲ 80.4%€4.8mabove the sector's middle half▲ 822%€771,263above the sector's middle half▼ 83.8%€850,967above the sector's middle half▲ 10.3%
Equity€1.5mabove the sector's middle half▲ 24.2%€1.9mabove the sector's middle half▲ 30.5%€6.4mabove the sector's middle half▲ 234%€7.1mabove the sector's middle half▲ 10.0%€7.6mabove the sector's middle half▲ 7.2%
Total assets€1.8mwithin the sector's middle half▲ 12.5%€2.3mwithin the sector's middle half▲ 23.4%€9.3mabove the sector's middle half▲ 306%€9.8mabove the sector's middle half▲ 6.3%€9.9mabove the sector's middle half▲ 1.0%
Debt€353,023▼ 18.6%€338,320▼ 4.2%€2.8m▲ 733%€2.8m▼ 2.1%€2.3m▼ 15.0%
Working capital€447,456above the sector's middle half▲ 178%€889,313above the sector's middle half▲ 98.7%€6.9mabove the sector's middle half▲ 676%€7.6mabove the sector's middle half▲ 9.6%€8.1mabove the sector's middle half▲ 7.1%
Solvency79.6%above the sector's middle half▲ 7.5pp84.1%above the sector's middle half▲ 4.6pp69.3%within the sector's middle half▼ 14.8pp71.8%within the sector's middle half▲ 2.4pp76.2%within the sector's middle half▲ 4.4pp
Current ratio4.97above the sector's middle half▲ 2.866.89above the sector's middle half▲ 1.9212.58above the sector's middle half▲ 5.6813.99above the sector's middle half▲ 1.4138.22above the sector's middle half▲ 24.23
Return on assets (ROA)15.5%above the sector's middle half▲ 2.7pp22.6%above the sector's middle half▲ 7.2pp51.5%above the sector's middle half▲ 28.9pp7.8%within the sector's middle half▼ 43.7pp8.6%within the sector's middle half▲ 0.7pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
  • 2022 Net result +822% on 2021. The previous fiscal year ran 13 months, this one 12.
  • 2021 Net result +80% on 2020. This fiscal year ran 13 months, the previous one 12.
Result per fiscal year
Operating resultNet result
€0€2.0m€4.0m€6.0mOperating result 2020: €434,729€434,729Net result 2020: €286,603€286,603Operating result 2021: €769,033€769,033Net result 2021: €517,137€517,137Operating result 2022: €7.0m€7.0mNet result 2022: €4.8m€4.8mOperating result 2023: €1.0m€1.0mNet result 2023: €771,263€771,263Operating result 2024: €947,723€947,723Net result 2024: €850,967€850,96720202021202220232024€0€2m€4m€6mOperating result 2022: €7.0m€7mNet result 2022: €4.8m€4.8mOperating result 2023: €1.0m€1mNet result 2023: €771,263€771,000Operating result 2024: €947,723€948,000Net result 2024: €850,967€851,000202220232024
The operating result has fallen two years in a row; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.9m
Fixed assets €1.6m ▼ 4.5%
Current assets €8.3m ▲ 2.1%
Equity and liabilities €9.9m
Equity €7.6m ▲ 7.2%
Provisions €20,911 ▼ 4.1%
Debt €2.3m ▼ 15.0%
Debt's share of the balance-sheet total falls from 28.0% to 23.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€1.0m▼
2023 · €1.1m
Cash flow
€926,986▲
2023 · €846,984
Debt to equity
0.31▼
2023 · 0.39
ROE
11.2%▲
2023 · 10.9%
Interest coverage
282.72▲
2023 · 154.57
Debt ≤ 1 year
€217,805▼
2023 · €582,734
Debt > 1 year
€2.1m▼
2023 · €2.2m
Income taxes
€372,833▲
2023 · €361,650
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,577 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.1% went bankrupt
3.1% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,577 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 58 lines
Balance sheet Code20232024
Assets
Total assets20/58€9.8m€9.9m▲
Fixed assets21/28€1.7m€1.6m▼
Tangible fixed assets22/27€1.7m€1.6m▼
Land and buildings22€1.7m€1.6m▼
Plant, machinery and equipment23€2,935-
Furniture and vehicles24€24,671€17,759▼
Financial fixed assets28€1,710€1,710=
Current assets29/58€8.2m€8.3m▲
Amounts receivable after more than one year29€2.1m€2.1m▲
Other amounts receivable291€2.1m€2.1m▲
Amounts receivable within one year40/41€589,892€550,712▼
Trade receivables40€358,376€390,944▲
Other amounts receivable41€231,516€159,768▼
Current investments50/53€5.0m€5.4m▲
Cash at bank and in hand54/58€469,996€263,339▼
Deferred charges and accrued income490/1€9,750€18,159▲
Equity and liabilities
Total equity and liabilities10/49€9.8m€9.9m▲
Equity10/15€7.1m€7.6m▲
Contributions10/11€6,200€6,200=
Reserves13€7.1m€7.6m▲
Tax-exempt reserves132€42,357€40,610▼
Distributable reserves133€7.0m€7.5m▲
Profit (loss) carried forward14€1,891€1,905▲
Provisions and deferred taxes16€21,810€20,911▼
Deferred taxes168€21,810€20,911▼
Amounts payable17/49€2.8m€2.3m▼
Amounts payable after more than one year17€2.2m€2.1m▼
Financial debts170/4€2.2m€2.1m▼
Amounts payable within one year42/48€582,734€217,805▼
Current portion of amounts payable after more than one year42€48,929€48,929=
Trade debts44€16,392€13,208▼
Suppliers440/4€16,392€13,208▼
Taxes, remuneration and social security45€517,414€155,668▼
Taxes450/3€517,414€155,668▼
Accrued charges and deferred income492/3€6,136€7,081▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75,721€76,019▲
Other operating charges640/8€8,159€9,919▲
Gross operating margin9900€1.1m€1.0m▼
Operating profit (loss)9901€1.0m€947,723▼
Financial income75/76B€108,926€278,798▲
Recurring financial income75€108,926€278,798▲
Financial charges65/66B€8,680€3,621▼
Recurring financial charges65€7,165€3,621▼
Non-recurring financial charges66B€1,515€0▼
Profit (loss) for the period before taxes9903€1.1m€1.2m▲
Transfer from deferred taxes780€899€899=
Income taxes67/77€361,650€372,833▲
Profit (loss) for the period9904€771,263€850,967▲
Transfer from tax-exempt reserves789€1,747€1,747=
Profit (loss) for the period to be appropriated9905€773,010€852,714▲
Appropriation of the result
Profit (loss) to be appropriated9906€774,791€854,605▲
Profit (loss) brought forward from the previous period14P€1,781€1,891▲
Transfer from equity791/2€126,500€339,300▲
Transfer to equity691/2€772,900€852,700▲
To other reserves6921€772,900€852,700▲
Profit to be distributed694/7€126,500€339,300▲
Return on contributions (dividend)694€126,500€339,300▲
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54,249€59,677€133,421€75,721€76,019▲ 0.4%
Other operating charges640/8-€5,125€5,247€8,159€9,919▲ 21.6%
Gross operating margin9900€494,536€833,835€7.1m€1.1m€1.0m▼ 7.3%
Operating profit (loss)9901€434,729€769,033€7.0m€1.0m€947,723▼ 8.1%
Financial income75/76B-€3,005€55,708€108,926€278,798▲ 156%
Recurring financial income75€3,440€3,005€55,708€108,926€278,798▲ 156%
Financial charges65/66B-€4,221€9,825€8,680€3,621▼ 58.3%
Recurring financial charges65€4,743€3,952€7,151€7,165€3,621▼ 49.5%
Non-recurring financial charges66B-€269€2,674€1,515€0▼ 100%
Profit (loss) for the period before taxes9903€433,426€767,817€7.0m€1.1m€1.2m▲ 8.0%
Transfer from deferred taxes780-€974€899€899€899=
Income taxes67/77€147,722€251,655€2.2m€361,650€372,833▲ 3.1%
Profit (loss) for the period9904€286,603€517,137€4.8m€771,263€850,967▲ 10.3%
Transfer from tax-exempt reserves789-€5,576€1,747€1,747€1,747=
Profit (loss) for the period to be appropriated9905€288,349€522,713€4.8m€773,010€852,714▲ 10.3%
Line20202021202220232024Change
Assets
Total assets20/58€1.8m€2.3m€9.3m€9.8m€9.9m▲ 1.0%
Fixed assets21/28€1.3m€1.2m€1.8m€1.7m€1.6m▼ 4.5%
Tangible fixed assets22/27€1.3m€1.2m€1.8m€1.7m€1.6m▼ 4.5%
Land and buildings22-€1.2m€1.7m€1.7m€1.6m▼ 4.0%
Plant, machinery and equipment23--€3,276€2,935--
Furniture and vehicles24-€11,148€31,545€24,671€17,759▼ 28.0%
Financial fixed assets28€1,710€1,710€1,710€1,710€1,710=
Current assets29/58€560,118€1.0m€7.5m€8.2m€8.3m▲ 2.1%
Amounts receivable after more than one year29--€2.1m€2.1m€2.1m▲ 2.4%
Other amounts receivable291--€2.1m€2.1m€2.1m▲ 2.4%
Amounts receivable within one year40/41€32,594€40,620€647,461€589,892€550,712▼ 6.6%
Trade receivables40--€532,100€358,376€390,944▲ 9.1%
Other amounts receivable41-€40,620€115,361€231,516€159,768▼ 31.0%
Current investments50/53€200,315€302,450€4.6m€5.0m€5.4m▲ 7.2%
Cash at bank and in hand54/58€323,901€688,284€125,777€469,996€263,339▼ 44.0%
Deferred charges and accrued income490/1-€8,925€3,459€9,750€18,159▲ 86.2%
Equity and liabilities
Total equity and liabilities10/49€1.8m€2.3m€9.3m€9.8m€9.9m▲ 1.0%
Equity10/15€1.5m€1.9m€6.4m€7.1m€7.6m▲ 7.2%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€1.5m€1.9m€6.4m€7.1m€7.6m▲ 7.3%
Non-distributable reserves130/1-€0----
Reserves not available under the articles1311-€0----
Tax-exempt reserves132-€45,850€44,103€42,357€40,610▼ 4.1%
Distributable reserves133-€1.9m€6.4m€7.0m€7.5m▲ 7.3%
Profit (loss) carried forward14€1,531€1,744€1,781€1,891€1,905▲ 0.7%
Provisions and deferred taxes16€24,583€23,609€22,710€21,810€20,911▼ 4.1%
Deferred taxes168-€23,609€22,710€21,810€20,911▼ 4.1%
Amounts payable17/49€353,023€338,320€2.8m€2.8m€2.3m▼ 15.0%
Amounts payable after more than one year17€236,488€183,482€2.2m€2.2m€2.1m▼ 2.3%
Financial debts170/4-€183,482€2.2m€2.2m€2.1m▼ 2.3%
Amounts payable within one year42/48€112,661€150,965€596,401€582,734€217,805▼ 62.6%
Current portion of amounts payable after more than one year42-€48,929€48,929€48,929€48,929=
Trade debts44€4,746€13,540€12,726€16,392€13,208▼ 19.4%
Suppliers440/4-€13,540€12,726€16,392€13,208▼ 19.4%
Taxes, remuneration and social security45-€88,497€534,746€517,414€155,668▼ 69.9%
Taxes450/3-€88,497€534,746€517,414€155,668▼ 69.9%
Remuneration and social security454/9-€0----
Accrued charges and deferred income492/3-€3,873€3,873€6,136€7,081▲ 15.4%
Line20202021202220232024Change
Profit (loss) for the period9904€286,603€517,137€4.8m€771,263€850,967▲ 10.3%
+ Depreciation and write-downs630€54,249€59,677€133,421€75,721€76,019▲ 0.4%
Operating cash flow (approximation)€340,851€576,814€4.9m€846,984€926,986▲ 9.4%
Investment in fixed assets (approximation)--€12,777-€651,219-€7,828€0▲ 100%
Change in cash-€364,383-€562,507€344,219-€206,657▼ 160%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
11-02
State Gazette act General meeting · Director reappointment
Permanent representative · Mandate compensation
2024
31-12
Financial Liquidity triplescurrent ratio 38.22
Current ratio from 13.99 to 38.22; short-term debt falls from €582,734 to €217,805.
24-07
State Gazette act General meeting · Director reappointment
Permanent representative
28-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2018net €4.8m ▲822%
Operating result €7.0m, net result €4.8m, both a record.
31-12
Financial Equity above €5mEq €6.4m ▲234%
5 profitable years in a row build equity to €6.4m.
29-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-10
State Gazette act General meeting · Statutes amendment
Corporate purpose · Capital
28-05
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
01-04
State Gazette act Board meeting · Director resignation
Director discharge · Power of attorney
2020
30-11
Financial Liquidity doublescurrent ratio 4.97
Current ratio from 2.11 to 4.97; short-term debt falls from €144,539 to €112,661.
04-09
State Gazette act Board meeting · Director appointment
Permanent representative · Mandate compensation
27-07
State Gazette act General meeting · Statutes amendment
Corporate purpose · Capital
27-07
State Gazette act General meeting · Statutes amendment
Capital · Corporate purpose · Orinn Vijncke
23-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-11
Financial Weakest financial yearnet €210,721 ▼37.6%
Net result drops to €210,721, the lowest in the series; recovery starts the following year.
30-11
Financial Equity above €1mEq €1.2m ▲21.6%
2 profitable years in a row build equity to €1.2m.
27-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 13 days late
02-05
State Gazette act Board meeting · Director appointment
Permanent representative · Mandate compensation
30-04
State Gazette act General meeting · Board meeting
Director resignation · Director appointment
26-03
State Gazette act Board meeting · Director appointment
Permanent representative · Mandate compensation
26-03
State Gazette act General meeting · Capital
Statutes amendment · Director resignation · Orinn Vijncke
15-03
State Gazette act General meeting · Director resignation
Director appointment · Permanent representative
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Grimbergen · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
634 m²
Building footprint
130 m²
Volume, LiDAR
877 m³
Parcel 23403H0051/00P000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
SILEX BVBA
Spaanse Lindebaan 133, 1850 GrimbergenNACE 51190
since 20032.127.168.230
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23403H0051/00P000 Flanders 634 m² 1 · 130 m² 9.3 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.

Structure & network

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Silex
Shared director
→

Ownership & control

4 board mandates
Board mandates of this companythis company sits on their board4
10 locations
5 locations
1 location

Similar companies · same sector, comparable size

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 8,404 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
Founded01-04-2003
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0479903342
Registered 27-03-2026

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.