SILVER ONE
ActiveSummary
SILVER ONE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.3m and a net result of €317,308. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 71% of 4663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+9
Solvency91▲+4
Growth64=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €340,000 at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.51 in 2024; short-term debt: 25.8% and cash: 6% of total assets), and 34.4% 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
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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 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
65.6%
Return on assets
4.8%
Age of the figures
12 mo
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 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
8 d early
2023
on the day
2022
2 d early
2021
1 d early
2020
on the day
2019
on the day
← 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 2 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 29 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€595,453▲ 1.5%
2022 · €586,545
EBIT margin
391.6%▲ 326.9pp
2022 · 64.7%
Net result
€317,308▲ 129%
2024 · €138,364
Working capital
-€558,496▲ 39.6%
2024 · -€924,133
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€581,117€586,545▲ 0.9%€595,453▲ 1.5%
Operating result€769,255▲ 953%€379,567▼ 50.7%€2.3m▲ 514%€272,783▼ 88.3%€499,782▲ 83.2%
Net result€521,047above the sector's middle half▲ 10,531%€234,564above the sector's middle half▼ 55.0%€1.7mabove the sector's middle half▲ 616%€138,364above the sector's middle half▼ 91.8%€317,308above the sector's middle half▲ 129%
EBIT margin132.4%64.7%▼ 67.7pp391.6%▲ 326.9pp
Equity€2.1mwithin the sector's middle half▲ 32.7%€2.3mwithin the sector's middle half▲ 11.1%€4.0mabove the sector's middle half▲ 71.5%€4.0mabove the sector's middle half▼ 0.4%€4.3mabove the sector's middle half▲ 7.9%
Total assets€4.2mwithin the sector's middle half▲ 15.4%€4.2mwithin the sector's middle half▲ 0.5%€6.4mwithin the sector's middle half▲ 51.4%€6.4mwithin the sector's middle half▲ 0.8%€6.6mwithin the sector's middle half▲ 2.7%
Debt€2.1m▲ 1.9%€1.9m▼ 10.3%€1.9m▲ 0.5%€2.0m▲ 4.3%€1.8m▼ 9.4%
Working capital-€583,307below the sector's middle half▲ 51.1%-€1.0mbelow the sector's middle half▼ 75.3%€96,323within the sector's middle half-€924,133below the sector's middle half-€558,496below the sector's middle half▲ 39.6%
Solvency50.4%within the sector's middle half▲ 6.6pp55.7%within the sector's middle half▲ 5.3pp63.1%above the sector's middle half▲ 7.4pp62.4%within the sector's middle half▼ 0.7pp65.6%within the sector's middle half▲ 3.2pp
Current ratio0.69within the sector's middle half▲ 0.340.41below the sector's middle half▼ 0.281.05within the sector's middle half▲ 0.640.51within the sector's middle half▼ 0.550.67within the sector's middle half▲ 0.17
Return on assets (ROA)12.4%above the sector's middle half▲ 12.3pp5.6%above the sector's middle half▼ 6.9pp26.3%above the sector's middle half▲ 20.7pp2.2%within the sector's middle half▼ 24.2pp4.8%above the sector's middle half▲ 2.7pp
Staff (FTE)2within the sector's middle half=2within the sector's middle half=1.6within the sector's middle half▼ 20.0%1within the sector's middle half▼ 37.5%1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 83% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.6m
Fixed assets
€5.5m ▼ 0.5%
Current assets
€1.1m ▲ 20.7%
Equity and liabilities €6.6m
Equity
€4.3m ▲ 7.9%
Provisions
€499,898 ▲ 8.2%
Debt
€1.8m ▼ 9.4%
Debt's share of the balance-sheet total falls from 30.4% to 26.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€676,600▲
2024 · €443,978
Cash flow
€494,126▲
2024 · €309,559
Debt to equity
0.41▼
2024 · 0.49
ROE
7.3%▲
2024 · 3.4%
Interest coverage
8.10▲
2024 · 5.35
Debt ≤ 1 year
€1.7m▼
2024 · €1.9m
Debt > 1 year
€51,920▼
2024 · €76,920
Income taxes
€72,912▲
2024 · €65,881
Staff costs
€40,442▲
2024 · €35,094
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 17,040 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €1.2m | €835,426 | €2.8m | - | - | - |
| Turnover70 | €581,117 | €586,545 | €595,453 | - | - | - |
| Other operating income74 | €596,356 | €248,881 | €2.2m | - | - | - |
| Operating charges60/66A | €408,218 | €455,859 | €437,011 | - | - | - |
| Services and other goods61 | €114,974 | €132,346 | €124,483 | - | - | - |
| Remuneration, social security and pensions62 | €126,659 | €129,845 | €97,676 | €35,094 | €40,442 | ▲ 15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €123,524 | €149,552 | €179,976 | €171,195 | €176,818 | ▲ 3.3% |
| Other operating charges640/8 | €43,060 | €44,117 | €34,877 | €33,627 | €41,826 | ▲ 24.4% |
| Gross operating margin9900 | - | - | - | €512,699 | €758,868 | ▲ 48.0% |
| Operating profit (loss)9901 | €769,255 | €379,567 | €2.3m | €272,783 | €499,782 | ▲ 83.2% |
| Financial income75/76B | - | €17 | - | - | €11,818 | - |
| Recurring financial income75 | - | €17 | - | - | €11,818 | - |
| Other financial income752/9 | - | €17 | - | - | - | - |
| Financial charges65/66B | €67,417 | €70,588 | €93,727 | €83,059 | €83,535 | ▲ 0.6% |
| Recurring financial charges65 | €67,417 | €70,588 | €93,727 | €83,059 | €83,535 | ▲ 0.6% |
| Debt charges650 | €66,416 | €69,407 | €92,912 | - | - | - |
| Other financial charges652/9 | €1,001 | €1,181 | €814 | - | - | - |
| Profit (loss) for the period before taxes9903 | €701,838 | €308,996 | €2.2m | €189,724 | €428,066 | ▲ 126% |
| Transfer from deferred taxes780 | - | - | €11,707 | €14,521 | €17,889 | ▲ 23.2% |
| Transfer to deferred taxes680 | - | - | €488,280 | - | €55,734 | - |
| Income taxes67/77 | €180,791 | €74,432 | €82,625 | €65,881 | €72,912 | ▲ 10.7% |
| Taxes670/3 | €180,791 | €110,000 | €82,625 | - | - | - |
| Tax adjustments and reversals of tax provisions77 | - | €35,568 | - | - | - | - |
| Profit (loss) for the period9904 | €521,047 | €234,564 | €1.7m | €138,364 | €317,308 | ▲ 129% |
| Transfer from tax-exempt reserves789 | - | €33,699 | €35,121 | €43,562 | €53,666 | ▲ 23.2% |
| Transfer to tax-exempt reserves689 | - | - | €1.5m | - | €167,203 | - |
| Profit (loss) for the period to be appropriated9905 | €521,047 | €268,263 | €249,097 | €181,926 | €203,771 | ▲ 12.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.2m | €4.2m | €6.4m | €6.4m | €6.6m | ▲ 2.7% |
| Fixed assets21/28 | €2.9m | €3.5m | €4.5m | €5.5m | €5.5m | ▼ 0.5% |
| Tangible fixed assets22/27 | €2.9m | €3.5m | €4.5m | €5.5m | €5.5m | ▼ 0.5% |
| Land and buildings22 | €2.8m | €3.4m | €4.4m | €5.4m | €5.1m | ▼ 4.2% |
| Plant, machinery and equipment23 | €115,236 | €101,305 | €88,006 | €75,110 | €170,551 | ▲ 127% |
| Furniture and vehicles24 | €5,440 | €4,699 | €1,936 | €1,673 | €1,411 | ▼ 15.7% |
| Assets under construction and advance payments27 | - | €11,000 | - | €36,817 | €139,789 | ▲ 280% |
| Financial fixed assets28 | €140 | €29 | €29 | €29 | €29 | = |
| Other financial fixed assets284/8 | €140 | €29 | €29 | - | - | - |
| Amounts receivable and cash guarantees285/8 | €140 | €29 | €29 | - | - | - |
| Current assets29/58 | €1.3m | €712,843 | €1.9m | €948,073 | €1.1m | ▲ 20.7% |
| Amounts receivable within one year40/41 | €151 | €66,869 | €116,012 | €2,747 | €17,614 | ▲ 541% |
| Trade receivables40 | - | - | €43,211 | - | €4,329 | - |
| Other amounts receivable41 | €151 | €66,869 | €72,801 | €2,747 | €13,285 | ▲ 384% |
| Current investments50/53 | - | - | - | - | €700,000 | - |
| Cash at bank and in hand54/58 | €1.3m | €605,307 | €1.7m | €902,120 | €398,536 | ▼ 55.8% |
| Deferred charges and accrued income490/1 | €44,500 | €40,667 | €46,297 | €43,206 | €28,118 | ▼ 34.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.2m | €4.2m | €6.4m | €6.4m | €6.6m | ▲ 2.7% |
| Equity10/15 | €2.1m | €2.3m | €4.0m | €4.0m | €4.3m | ▲ 7.9% |
| Contributions10/11 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Capital10 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Issued capital100 | €150,000 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Reserves13 | €241,784 | €245,154 | €1.7m | €1.5m | €1.6m | ▲ 7.7% |
| Non-distributable reserves130/1 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Legal reserve130 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Tax-exempt reserves132 | - | - | €1.4m | €1.4m | €1.5m | ▲ 8.2% |
| Distributable reserves133 | €226,784 | €230,154 | €230,154 | €76,804 | €76,804 | = |
| Profit (loss) carried forward14 | €1.7m | €2.0m | €2.2m | €2.4m | €2.6m | ▲ 8.6% |
| Provisions and deferred taxes16 | - | - | €476,573 | €462,052 | €499,898 | ▲ 8.2% |
| Deferred taxes168 | - | - | €476,573 | €462,052 | €499,898 | ▲ 8.2% |
| Amounts payable17/49 | €2.1m | €1.9m | €1.9m | €2.0m | €1.8m | ▼ 9.4% |
| Amounts payable after more than one year17 | €151,390 | €128,310 | €103,310 | €76,920 | €51,920 | ▼ 32.5% |
| Financial debts170/4 | €150,000 | €125,000 | €100,000 | €75,000 | €50,000 | ▼ 33.3% |
| Credit institutions173 | €150,000 | €125,000 | €100,000 | - | - | - |
| Other amounts payable178/9 | €1,390 | €3,310 | €3,310 | €1,920 | €1,920 | = |
| Amounts payable within one year42/48 | €1.9m | €1.7m | €1.8m | €1.9m | €1.7m | ▼ 9.1% |
| Current portion of amounts payable after more than one year42 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Trade debts44 | €95,441 | €66,259 | €94,378 | €44,543 | €17,800 | ▼ 60.0% |
| Suppliers440/4 | €95,441 | €66,259 | €94,378 | €44,543 | €17,800 | ▼ 60.0% |
| Taxes, remuneration and social security45 | €116,266 | €16,005 | €1,995 | €3,075 | €2,557 | ▼ 16.9% |
| Taxes450/3 | €92,487 | - | - | €881 | - | - |
| Remuneration and social security454/9 | €23,779 | €16,005 | €1,995 | €2,194 | €2,557 | ▲ 16.5% |
| Other amounts payable47/48 | €1.6m | €1.6m | €1.6m | €1.8m | €1.7m | ▼ 7.9% |
| Accrued charges and deferred income492/3 | €46,081 | €3,964 | €4,531 | €8,861 | €19,306 | ▲ 118% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €521,047 | €234,564 | €1.7m | €138,364 | €317,308 | ▲ 129% |
| + Depreciation and write-downs630 | €123,524 | €149,552 | €179,976 | €171,195 | €176,818 | ▲ 3.3% |
| Operating cash flow (approximation) | €644,571 | €384,116 | €1.9m | €309,559 | €494,126 | ▲ 59.6% |
| Investment in fixed assets (approximation) | - | -€758,369 | -€1.2m | -€1.1m | -€151,779 | ▲ 86.7% |
| Change in cash | - | -€652,026 | €1.1m | -€801,553 | -€503,585 | ▲ 37.2% |
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
15-06
State Gazette act
Reappointments: Luc OLIVIER (managing director) and Liliane LEJEUNE (director)Appointment: François-Xavier OLIVIER (director)4 facts ▸
State Gazette act
Reappointments: Luc OLIVIER (managing director) and Liliane LEJEUNE (director)
Appointment: François-Xavier OLIVIER (director)4 facts ▸
- General meeting, 03-04-2026
- Director reappointment, Luc OLIVIER (managing director)
- Director reappointment, Liliane LEJEUNE (director)
- Director appointment, François-Xavier OLIVIER (director)
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Highest result since 2019net €1.7m ▲616%
Operating result €2.3m, net result €1.7m, both a record.
30-09
Financial
Liquidity triplescurrent ratio 1.05
Current ratio from 0.41 to 1.05.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Equity above €2mEq €2.1m ▲32.7%
2 profitable years in a row build equity to €2.1m.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Back to profitnet €4,901
Net result €4,901 after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26076285). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 2
François-Xavier OLIVIER
CurrentDirector · since 03-04-2026
Liliane LEJEUNE
CurrentDirector · since 03-04-2026
Day-to-day management 1
Luc OLIVIER
CurrentManaging director · since 03-04-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Faimes · 1 establishment unit since 2002
Ground area
6,364 m²
Building footprint
334 m²
Parcel 61002A0014/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de la Champignotte(AIN) 13, 4317 Faimes
since 20022.102.851.716
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61002A0014/00T000 | Wallonia | 6,364 m² | 1 · 334 m² | - |
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.
Mandate history
3 people since 2026, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| François-Xavier OLIVIER |
|
| Liliane LEJEUNE |
|
| Luc OLIVIER |
|
Structure & network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, scroll to zoom.
Recognitions · licences · registrations
Legal Entity Identifier
984500A7G6A075855D13
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Company details
Identification
Legal formPublic limited company
Founded12-03-1992
Fiscal year end30-09
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446907506
Also
9925:BE0446907506
Registered
12-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.