Silver Tie Payroll
ActiveSilver Tie Payroll has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €19k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 22% of 216 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
76
/ 100
Excellent▲ +51 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+74
Solvency18▲+2
Growth32=
Stability94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 0.95 in 2024), and 91.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← 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
8.9%
Return on assets
1.3%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 216 sector peers (2025).
NBB · sector comparisonPosition among 216 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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
5 d late
2024
24 d early
2023
16 d early
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€19k
2024 · €-9k
2023: €82k
2024: €-9k
2023 → 2025
Working capital
€36k
2024 · €-56k
2023: €-99k
2024: €-56k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€132k-€123k▼ 7.1%€126k▲ 2.9%
Operating result€109k-€3k▼ 97.0%€34k▲ 919%
Net result€82k-€-9k€19k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 919% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.42M
Fixed assets
€174k▼ 22.9%
Current assets
€1.25M▲ 14.2%
Equity and liabilities €1.42M
Equity
€126k▲ 2.9%
Debt
€1.29M▲ 8.3%
The debt ratio rises from 90.7% to 91.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€67k▲
2024 · €34k
Cash flow
€52k▲
2024 · €21k
Solvency
8.9%▼
2024 · 9.3%
Current ratio
1.03▲
2024 · 0.95
Quick ratio
1.03▲
2024 · 0.95
Debt / equity
10.26▲
2024 · 9.75
ROE
14.7%▲
2024 · -7.7%
ROA
1.3%▲
2024 · -0.7%
Interest coverage
4.31▲
2024 · 3.94
Debt
€1.29M▲
2024 · €1.19M
Debt ≤ 1 year
€1.21M▲
2024 · €1.15M
Debt > 1 year
€7k▼
2024 · €11k
Income taxes
€26k▲
2024 · €8k
Staff costs
€9.36M▲
2024 · €6.47M
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€1.32M€1.42M▲
Fixed assets21/28€226k€174k▼
Intangible fixed assets21€122k€99k▼
Tangible fixed assets22/27€29k€25k▼
Plant, machinery and equipment23€12k€8k▼
Furniture and vehicles24€16k€17k▲
Financial fixed assets28€75k€50k▼
Current assets29/58€1.09M€1.25M▲
Amounts receivable after more than one year29€75k€251k▲
Other amounts receivable291€75k€251k▲
Amounts receivable within one year40/41€609k€745k▲
Trade receivables40€558k€526k▼
Other amounts receivable41€51k€219k▲
Cash at bank and in hand54/58€344k€214k▼
Deferred charges and accrued income490/1€64k€37k▼
Equity and liabilities
Total equity and liabilities10/49€1.32M€1.42M▲
Equity10/15€123k€126k▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€13k€16k▲
Amounts payable17/49€1.19M€1.29M▲
Amounts payable after more than one year17€11k€7k▼
Financial debts170/4€11k€7k▼
Amounts payable within one year42/48€1.15M€1.21M▲
Current portion of amounts payable after more than one year42€4k€4k▲
Financial debts43€200k€450k▲
Credit institutions430/8€200k€450k▲
Trade debts44€60k€248k▲
Suppliers440/4€60k€248k▲
Taxes, remuneration and social security45€869k€492k▼
Taxes450/3€230k€274k▲
Remuneration and social security454/9€639k€218k▼
Other amounts payable47/48€15k€16k▲
Accrued charges and deferred income492/3€36k€77k▲
Income statement
Code20242025
Remuneration, social security and pensions62€6.47M€9.36M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€33k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€2k▼
Other operating charges640/8€20k€2k▼
Gross operating margin9900€6.53M€9.43M▲
Operating profit (loss)9901€3k€34k▲
Financial income75/76B€4k€27k▲
Recurring financial income75€4k€27k▲
Financial charges65/66B€9k€16k▲
Recurring financial charges65€9k€16k▲
Profit (loss) for the period before taxes9903€-1k€45k▲
Income taxes67/77€8k€26k▲
Profit (loss) for the period9904€-9k€19k▲
Profit (loss) for the period to be appropriated9905€-9k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€31k▲
Profit (loss) brought forward from the previous period14P€22k€13k▼
Transfer to equity691/2€0-
To the legal reserve6920€0-
Profit to be distributed694/7€0€15k▲
Return on contributions (dividend)694€0€15k▲
Social balance
Average headcount (FTE)9087646.2250.6▼
The notes to these accounts (20 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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 5 days late
2025
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-9k ▼111%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
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, Gent · 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.
Charles de Kerchovelaan 1879000 GentGround area
1,133 m²
Building footprint
1,122 m²
Volume, LiDAR
18,239 m³
Parcel 44805E0865/00C004, Flanders · tallest building 26.6 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Silver Tie Payroll
since 20222.336.799.581
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44805E0865/00C004 | Flanders | 1,133 m² | 1 · 1,122 m² | 26.6 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 2023 · 2 entries · 1,080 EUR awarded · 1,080 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 855 EUR | 1,080 EUR |
| 2022 | 1 | 225 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,009 companies in sector 78200 we hold annual accounts for 644. 459 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-10-2022
Fiscal year end31-12
Activities, NACEBEL
78200Temporary employment agencies and other provision of personnel
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.