Silpa
ActiveSilpa has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €521k and a net result of €21k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
86
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▼-12
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.72 against 2.71 in 2024), and 29.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
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
70.9%
Return on assets
2.9%
Age of the figures
8 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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
60 d late
2023
29 d late
2022
30 d late
2021
31 d late
2020
52 d late
2019
122 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€521k▲ 4.2%
2024 · €500k
2018: €305k
2019: €338k
2020: €360k
2021: €414k
2022: €446k
2023: €468k
2024: €500k
2018 → 2025
Total assets
€735k▲ 5.6%
2024 · €696k
2018: €448k
2019: €472k
2020: €492k
2021: €589k
2022: €634k
2023: €661k
2024: €696k
2018 → 2025
Net result
€21k▼ 34.3%
2024 · €32k
2018: €52k
2019: €33k
2020: €22k
2021: €54k
2022: €32k
2023: €22k
2024: €32k
2018 → 2025
Working capital
€369k▲ 9.9%
2024 · €336k
2018: €135k
2019: €165k
2020: €171k
2021: €232k
2022: €264k
2023: €301k
2024: €336k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€414k-€446k▲ 7.8%€468k▲ 4.8%€500k▲ 6.8%€521k▲ 4.2%
Operating result€61k-€42k▼ 30.8%€30k▼ 30.2%€53k▲ 79.7%€36k▼ 31.4%
Net result€54k-€32k▼ 40.0%€22k▼ 33.0%€32k▲ 48.0%€21k▼ 34.3%
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 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €735k
Fixed assets
€152k▼ 7.4%
Current assets
€583k▲ 9.6%
Equity and liabilities €735k
Equity
€521k▲ 4.2%
Debt
€214k▲ 9.2%
The debt ratio rises from 28.2% to 29.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€75k▼
2024 · €90k
Cash flow
€59k▼
2024 · €69k
Solvency
70.9%▼
2024 · 71.8%
Current ratio
2.72▲
2024 · 2.71
Quick ratio
2.63▲
2024 · 2.62
Debt / equity
0.41▲
2024 · 0.39
ROE
4.0%▼
2024 · 6.4%
ROA
2.9%▼
2024 · 4.6%
Interest coverage
25.08▲
2024 · 17.75
Debt
€214k▲
2024 · €196k
Debt ≤ 1 year
€214k▲
2024 · €196k
Income taxes
€12k▼
2024 · €16k
Staff costs
€182k▼
2024 · €194k
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€696k€735k▲
Fixed assets21/28€164k€152k▼
Tangible fixed assets22/27€164k€152k▼
Land and buildings22€83k€79k▼
Plant, machinery and equipment23€78k€72k▼
Furniture and vehicles24€4k€1k▼
Financial fixed assets28€61€61=
Current assets29/58€532k€583k▲
Stocks and contracts in progress3€18k€19k▲
Stocks30/36€18k€19k▲
Amounts receivable within one year40/41€248k€240k▼
Trade receivables40€4k-
Other amounts receivable41€243k€240k▼
Cash at bank and in hand54/58€237k€306k▲
Deferred charges and accrued income490/1€28k€17k▼
Equity and liabilities
Total equity and liabilities10/49€696k€735k▲
Equity10/15€500k€521k▲
Contributions10/11€6k€6k=
Reserves13€272k€515k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€270k€513k▲
Profit (loss) carried forward14€221k-
Amounts payable17/49€196k€214k▲
Amounts payable within one year42/48€196k€214k▲
Trade debts44€18k€22k▲
Suppliers440/4€18k€22k▲
Taxes, remuneration and social security45€58k€54k▼
Taxes450/3€28k€21k▼
Remuneration and social security454/9€31k€33k▲
Other amounts payable47/48€120k€138k▲
Income statement
Code20242025
Non-recurring operating income76A€5k-
Remuneration, social security and pensions62€194k€182k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€38k▲
Other operating charges640/8€7k€5k▼
Gross operating margin9900€290k€261k▼
Operating profit (loss)9901€53k€36k▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€48k€33k▼
Income taxes67/77€16k€12k▼
Profit (loss) for the period9904€32k€21k▼
Profit (loss) for the period to be appropriated9905€32k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€253k€242k▼
Profit (loss) brought forward from the previous period14P€221k€221k=
Transfer to equity691/2€32k€242k▲
To other reserves6921€32k€242k▲
The notes to these accounts (6 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €21k ▼34.3%
Net result drops to €21k, the lowest in the series.
31-12
Financial
Equity above €500kEq €521k ▲4.2%
8 profitable years in a row build equity to €521k.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €54k ▲140%
Net result €54k, the highest in the series.
21-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 52 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Haaltert · 3 establishment units since 1991
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.
Stationsstraat(HA) 1469450 HaaltertGround area
2,941 m²
Building footprint
650 m²
Volume, LiDAR
4,313 m³
3 parcels, Flanders · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
Stationsstraat(HA) 146, 9450 Haaltert
since 19912.054.746.248
BABOR SILHOUET
since 19912.054.746.347
BABOR SILHOUET
since 19912.054.746.446
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41024B0306/00F000 | Flanders | 2,367 m² | 1 · 293 m² | 9.0 m · 1 fl. |
| 41024B0345/00F000 | Flanders | 387 m² | 1 · 208 m² | 12.1 m · 3 fl. |
| 41034F0999/00M000 | Flanders | 186 m² | 1 · 149 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 19,947 companies in sector 43320 we hold annual accounts for 9,084. 5,858 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-1991
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
93022
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.