SILEX
ActiveThe computed 12-month bankruptcy probability of SILEX is 1.7% (moderate). The 2025 annual accounts show equity of €259k and a net result of €95k. Equity is growing by ~57.3% per year across the filed fiscal years. Its solvency ranks better than 71% of 18173 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-4
Solvency84▲+15
Growth78=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 0.87 in 2024; short-term debt: 32.9% and cash: 4.8% of total assets), and 40.9% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
59.1%
Return on assets
21.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 3 filingsDeviation from the deadline
2025
28 d late
2024
6 d early
2023
30 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€259k▲ 58.1%
2024 · €164k
2023: €71k
2024: €164k
2023 → 2025
Total assets
€438k▲ 17.4%
2024 · €373k
2023: €313k
2024: €373k
2023 → 2025
Net result
€95k▲ 2.8%
2024 · €93k
2023: €66k
2024: €93k
2023 → 2025
Working capital
€114k
2024 · €-20k
2023: €-107k
2024: €-20k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€71k-€164k▲ 130%€259k▲ 58.1%
Operating result€83k-€119k▲ 42.5%€122k▲ 3.1%
Net result€66k-€93k▲ 39.9%€95k▲ 2.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €438k
Fixed assets
€180k▼ 22.3%
Current assets
€258k▲ 82.3%
Equity and liabilities €438k
Equity
€259k▲ 58.1%
Debt
€179k▼ 14.4%
The debt ratio falls from 56.1% to 40.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€181k▲
2024 · €171k
Cash flow
€154k▲
2024 · €144k
Solvency
59.1%▲
2024 · 43.9%
Current ratio
1.79▲
2024 · 0.87
Quick ratio
1.38▲
2024 · 0.75
Debt / equity
0.69▼
2024 · 1.28
ROE
36.8%▼
2024 · 56.5%
ROA
21.7%▼
2024 · 24.8%
Interest coverage
67.27▼
2024 · 88.10
Debt
€179k▼
2024 · €209k
Debt ≤ 1 year
€144k▼
2024 · €162k
Debt > 1 year
€35k▼
2024 · €47k
Income taxes
€27k▲
2024 · €24k
Staff costs
€133k▼
2024 · €164k
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€373k€438k▲
Fixed assets21/28€231k€180k▼
Intangible fixed assets21€116k€78k▼
Tangible fixed assets22/27€115k€101k▼
Plant, machinery and equipment23€26k€22k▼
Furniture and vehicles24€60k€44k▼
Other tangible fixed assets26€29k€35k▲
Current assets29/58€142k€258k▲
Stocks and contracts in progress3€21k€60k▲
Stocks30/36€21k€60k▲
Amounts receivable within one year40/41€73k€133k▲
Trade receivables40€57k€128k▲
Other amounts receivable41€16k€5k▼
Current investments50/53-€43k
Cash at bank and in hand54/58€47k€21k▼
Deferred charges and accrued income490/1€1k€921▼
Equity and liabilities
Total equity and liabilities10/49€373k€438k▲
Equity10/15€164k€259k▲
Contributions10/11€5k€5k=
Reserves13€159k€254k▲
Distributable reserves133€159k€254k▲
Amounts payable17/49€209k€179k▼
Amounts payable after more than one year17€47k€35k▼
Financial debts170/4€47k€35k▼
Amounts payable within one year42/48€162k€144k▼
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€89k€79k▼
Suppliers440/4€89k€79k▼
Taxes, remuneration and social security45€62k€48k▼
Taxes450/3€41k€30k▼
Remuneration and social security454/9€20k€18k▼
Other amounts payable47/48€130€5k▲
Accrued charges and deferred income492/3€549€549=
Income statement
Code20242025
Non-recurring operating income76A-€6k
Remuneration, social security and pensions62€164k€133k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€58k▲
Other operating charges640/8€4k€2k▼
Gross operating margin9900€339k€317k▼
Operating profit (loss)9901€119k€122k▲
Financial income75/76B€0€2k▲
Recurring financial income75€0€2k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€117k€122k▲
Income taxes67/77€24k€27k▲
Profit (loss) for the period9904€93k€95k▲
Profit (loss) for the period to be appropriated9905€93k€95k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€95k▲
Transfer to equity691/2€93k€95k▲
To other reserves6921€93k€95k▲
The notes to these accounts (11 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2023net €95k ▲2.8%
Operating result €122k, net result €95k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.79
Current ratio from 0.87 to 1.79; short-term debt falls from €162k to €144k.
31-12
Financial
Equity above €200kEq €259k ▲58.1%
3 profitable years in a row build equity to €259k.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €164k ▲130%
2 profitable years in a row build equity to €164k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
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, Kortemark · 1 establishment unit since 2022
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.
Hoogledestraat 948610 KortemarkGround area
3,102 m²
Building footprint
924 m²
Volume, LiDAR
4,166 m³
2 parcels, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SILEX
since 20222.339.348.802
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32011D0628/00D000 | Flanders | 2,205 m² | 1 · 230 m² | 5.6 m · 1 fl. |
| 31033I0483/00T000 | Flanders | 898 m² | 1 · 694 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTorhout2.339.348.802
Similar companies · same sector, comparable size
CULINAIRE SLAGERIJ DE NACHTEGAEL
BE 0885.502.409
Dilbeek · Eq €259k
SLAGERIJ ROOM
BE 0760.295.403
Ieper · Eq €259k
TER SAKSEN
BE 0882.427.905
Beveren-Kruibeke-Zwijndrecht · Eq €259k
FLEXICHOP
BE 0885.284.356
Zottegem · Eq €260k
VANDENBOSSCHE
BE 0439.025.364
Izegem · Eq €260k
Of 3,043 companies in sector 47221 we hold annual accounts for 1,562. 1,235 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2022
Fiscal year end31-12
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47210Retail sale of fruit and vegetables
47279Other retail sale of food
47299Retail trade
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.