SILEX
ActiveSummary
SILEX has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €479k and a net result of €126k. Equity is growing by ~37% per year across the filed fiscal years. Its solvency ranks better than 54% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability89▲+10
Solvency85▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 0.81 in 2024; short-term debt: 32.7% and cash: 12.8% of total assets), and 39.9% of the assets are financed with debt.
Credit check for your own amount and term
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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
60.1%
Return on assets
15.9%
Age of the figures
9 mo
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
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
71 d late
2023
104 d late
2022
32 d late
2021
89 d late
2020
122 d late
2019
182 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€479k▲ 35.8%
2024 · €352k
2018: €54klowest in 8 years
2019: €78k▲ +45.2% vs 2018
2020: €90k▲ +16.2% vs 2019
2021: €138k▲ +52.9% vs 2020
2022: €258k▲ +86.6% vs 2021
2023: €359k▲ +39.1% vs 2022
2024: €352k▼ -1.7% vs 2023
2025: €479k▲ +35.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€796k▲ 12.0%
2024 · €710k
2018: €806khighest in 8 years
2019: €738k▼ -8.5% vs 2018
2020: €695k▼ -5.8% vs 2019
2021: €676k▼ -2.7% vs 2020lowest in 8 years
2022: €740k▲ +9.4% vs 2021
2023: €759k▲ +2.6% vs 2022
2024: €710k▼ -6.4% vs 2023
2025: €796k▲ +12.0% vs 2024
2018 → 2025
Net result
€126k▲ 124%
2024 · €56k
2018: €-4klowest in 8 years
2019: €24k▲ +689% vs 2018
2020: €13k▼ -47.9% vs 2019
2021: €48k▲ +279% vs 2020
2022: €120k▲ +150% vs 2021
2023: €101k▼ -15.7% vs 2022
2024: €56k▼ -44.0% vs 2023
2025: €126k▲ +124% vs 2024highest in 8 years
2018 → 2025
Working capital
€112k
2024 · €-56k
2018: €-457klowest in 8 years
2019: €-403k▲ +11.7% vs 2018
2020: €-359k▲ +11.0% vs 2019
2021: €-363k▼ -1.0% vs 2020
2022: €-225k▲ +38.0% vs 2021
2023: €-91k▲ +59.7% vs 2022
2024: €-56k▲ +37.9% vs 2023
2025: €112k▲ +300% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€138k-€258k▲ 86.6%€359k▲ 39.1%€352k▼ 1.7%€479k▲ 35.8%
2021: €138klowest in 5 years
2022: €258k▲ +86.6% vs 2021
2023: €359k▲ +39.1% vs 2022
2024: €352k▼ -1.7% vs 2023
2025: €479k▲ +35.8% vs 2024highest in 5 years
Operating result€72k-€173k▲ 141%€158k▼ 8.6%€99k▼ 37.0%€201k▲ 103%
2021: €72klowest in 5 years
2022: €173k▲ +141% vs 2021
2023: €158k▼ -8.6% vs 2022
2024: €99k▼ -37.0% vs 2023
2025: €201k▲ +103% vs 2024highest in 5 years
Net result€48k-€120k▲ 150%€101k▼ 15.7%€56k▼ 44.0%€126k▲ 124%
2021: €48klowest in 5 years
2022: €120k▲ +150% vs 2021
2023: €101k▼ -15.7% vs 2022
2024: €56k▼ -44.0% vs 2023
2025: €126k▲ +124% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 103% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €796k
Fixed assets
€423k ▼ 11.4%
Current assets
€373k ▲ 60.0%
Equity and liabilities €796k
Equity
€479k ▲ 35.8%
Debt
€317k ▼ 11.4%
Debt's share of the balance-sheet total falls from 50.4% to 39.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€257k▲
2024 · €158k
Cash flow
€182k▲
2024 · €115k
Current ratio
1.43▲
2024 · 0.81
Debt to equity
0.66▼
2024 · 1.02
ROE
26.4%▲
2024 · 16.0%
ROA
15.9%▲
2024 · 7.9%
Interest coverage
12.96▲
2024 · 8.70
Debt ≤ 1 year
€260k▼
2024 · €289k
Debt > 1 year
€39k▼
2024 · €50k
Income taxes
€57k▲
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€710k€796k▲
Fixed assets21/28€478k€423k▼
Intangible fixed assets21€6k€2k▼
Tangible fixed assets22/27€472k€421k▼
Land and buildings22€464k€415k▼
Plant, machinery and equipment23€824€549▼
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€3k€3k=
Current assets29/58€233k€373k▲
Amounts receivable within one year40/41€104k€97k▼
Trade receivables40€89k€75k▼
Other amounts receivable41€16k€22k▲
Current investments50/53€105k€151k▲
Cash at bank and in hand54/58€14k€102k▲
Deferred charges and accrued income490/1€10k€23k▲
Equity and liabilities
Total equity and liabilities10/49€710k€796k▲
Equity10/15€352k€479k▲
Contributions10/11€19k€19k=
Reserves13€334k€460k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€332k€458k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€358k€317k▼
Amounts payable after more than one year17€50k€39k▼
Financial debts170/4€50k€39k▼
Amounts payable within one year42/48€289k€260k▼
Current portion of amounts payable after more than one year42€21k€10k▼
Trade debts44€283€11k▲
Suppliers440/4€283€11k▲
Taxes, remuneration and social security45€38k€30k▼
Taxes450/3€38k€30k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€230k€209k▼
Accrued charges and deferred income492/3€19k€18k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€55k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€161k€260k▲
Operating profit (loss)9901€99k€201k▲
Financial income75/76B€352€1k▲
Recurring financial income75€352€1k▲
Financial charges65/66B€18k€20k▲
Recurring financial charges65€18k€20k▲
Profit (loss) for the period before taxes9903€82k€183k▲
Income taxes67/77€25k€57k▲
Profit (loss) for the period9904€56k€126k▲
Profit (loss) for the period to be appropriated9905€56k€126k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€126k▲
Transfer from equity791/2€63k€0▼
Transfer to equity691/2€56k€126k▲
To other reserves6921€56k€126k▲
Profit to be distributed694/7€63k€0▼
Return on contributions (dividend)694€63k€0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €82k | €71k | €68k | €59k | €55k | ▼ 5.5% |
| Other operating charges640/8 | €5k | €4k | €2k | €3k | €3k | ▼ 1.0% |
| Non-recurring operating charges66A | €2k | €0 | - | - | - | - |
| Gross operating margin9900 | €161k | €248k | €228k | €161k | €260k | ▲ 61.4% |
| Operating profit (loss)9901 | €72k | €173k | €158k | €99k | €201k | ▲ 103% |
| Financial income75/76B | €0 | €342 | €357 | €352 | €1k | ▲ 229% |
| Recurring financial income75 | €0 | €342 | €357 | €352 | €1k | ▲ 229% |
| Financial charges65/66B | €10k | €16k | €14k | €18k | €20k | ▲ 9.1% |
| Recurring financial charges65 | €10k | €16k | €14k | €18k | €20k | ▲ 9.1% |
| Profit (loss) for the period before taxes9903 | €61k | €157k | €144k | €82k | €183k | ▲ 124% |
| Income taxes67/77 | €14k | €37k | €43k | €25k | €57k | ▲ 125% |
| Profit (loss) for the period9904 | €48k | €120k | €101k | €56k | €126k | ▲ 124% |
| Profit (loss) for the period to be appropriated9905 | €48k | €120k | €101k | €56k | €126k | ▲ 124% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €676k | €740k | €759k | €710k | €796k | ▲ 12.0% |
| Fixed assets21/28 | €639k | €592k | €535k | €478k | €423k | ▼ 11.4% |
| Intangible fixed assets21 | €33k | €21k | €11k | €6k | €2k | ▼ 63.4% |
| Tangible fixed assets22/27 | €606k | €571k | €524k | €472k | €421k | ▼ 10.8% |
| Land and buildings22 | €586k | €557k | €513k | €464k | €415k | ▼ 10.5% |
| Plant, machinery and equipment23 | €2k | €2k | €1k | €824 | €549 | ▼ 33.3% |
| Furniture and vehicles24 | €15k | €11k | €7k | €4k | €2k | ▼ 47.4% |
| Other tangible fixed assets26 | €2k | €2k | €2k | €3k | €3k | = |
| Current assets29/58 | €37k | €148k | €224k | €233k | €373k | ▲ 60.0% |
| Amounts receivable within one year40/41 | €22k | €101k | €133k | €104k | €97k | ▼ 6.8% |
| Trade receivables40 | €22k | €84k | €106k | €89k | €75k | ▼ 15.2% |
| Other amounts receivable41 | - | €17k | €27k | €16k | €22k | ▲ 41.0% |
| Current investments50/53 | - | €36k | €71k | €105k | €151k | ▲ 43.7% |
| Cash at bank and in hand54/58 | €6k | €8k | €18k | €14k | €102k | ▲ 624% |
| Deferred charges and accrued income490/1 | €10k | €2k | €2k | €10k | €23k | ▲ 138% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €676k | €740k | €759k | €710k | €796k | ▲ 12.0% |
| Equity10/15 | €138k | €258k | €359k | €352k | €479k | ▲ 35.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €120k | €239k | €340k | €334k | €460k | ▲ 37.8% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €118k | €237k | €338k | €332k | €458k | ▲ 38.0% |
| Profit (loss) carried forward14 | €0 | - | - | €0 | €0 | - |
| Amounts payable17/49 | €538k | €482k | €401k | €358k | €317k | ▼ 11.4% |
| Amounts payable after more than one year17 | €132k | €102k | €71k | €50k | €39k | ▼ 21.0% |
| Financial debts170/4 | €132k | €102k | €71k | €50k | €39k | ▼ 21.0% |
| Amounts payable within one year42/48 | €400k | €373k | €315k | €289k | €260k | ▼ 10.0% |
| Current portion of amounts payable after more than one year42 | €30k | €30k | €31k | €21k | €10k | ▼ 50.4% |
| Trade debts44 | €33k | €5k | €2k | €283 | €11k | ▲ 3,630% |
| Suppliers440/4 | €33k | €5k | €2k | €283 | €11k | ▲ 3,630% |
| Advances received on contracts in progress46 | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €40k | €84k | €42k | €38k | €30k | ▼ 21.3% |
| Taxes450/3 | €40k | €80k | €38k | €38k | €30k | ▼ 21.3% |
| Remuneration and social security454/9 | - | €4k | €4k | €0 | - | - |
| Other amounts payable47/48 | €297k | €253k | €239k | €230k | €209k | ▼ 8.9% |
| Accrued charges and deferred income492/3 | €6k | €7k | €15k | €19k | €18k | ▼ 8.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48k | €120k | €101k | €56k | €126k | ▲ 124% |
| + Depreciation and write-downs630 | €82k | €71k | €68k | €59k | €55k | ▼ 5.5% |
| Operating cash flow (approximation) | €130k | €191k | €168k | €115k | €182k | ▲ 57.8% |
| Investment in fixed assets (approximation) | - | €-25k | €-10k | €-1k | €-1k | ▲ 14.5% |
| Change in cash | - | €2k | €10k | €-4k | €88k | ▲ 2,130% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €126k ▲124%
Operating result €201k, net result €126k, both a record.
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
12-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 104 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Equity above €200kEq €258k ▲86.6%
4 profitable years in a row build equity to €258k.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
31-12
Financial
Equity above €100kEq €138k ▲52.9%
3 profitable years in a row build equity to €138k.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 182 days late
2019
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Damme · 1 establishment unit since 2010
Ground area
3,815 m²
Building footprint
276 m²
Volume, LiDAR
1,515 m³
Parcel 31026D0261/00D002, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Bruggesteenweg 14, 8340 Damme
since 20102.190.984.926
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31026D0261/00D002 | Flanders | 3,815 m² | 1 · 276 m² | 11.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 763 EUR awarded · 606 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 431 EUR | 508 EUR |
| 2024 | 1 | 78 EUR | 0 EUR |
| 2022 | 1 | 254 EUR | 98 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,056 companies in sector 69101 we hold annual accounts for 9,055. 5,975 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 (pre-2019)
Founded14-05-2010
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Scores and ratios are computed by Checked and are not a credit decision.