SL CORP
ActiveSummary
SL CORP has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56k and a net result of €11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-22
Solvency62▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.3 in 2024; short-term debt: 62.7% and cash: 17% of total assets), and 62.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more 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
37.3%
Return on assets
7.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €56k
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 16-07-2026, 15 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
15 d early
2024
31 d early
2023
28 d late
2022
5 d late
2021
4 d early
2020
30 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
€56k▲ 25.3%
2024 · €45k
2020: €5k
2021: €1k▼ -77.1% vs 2020
2022: €-8k▼ -704% vs 2021lowest in 6 years
2023: €3k▲ +140% vs 2022
2024: €45k▲ +1376% vs 2023
2025: €56k▲ +25.3% vs 2024highest in 6 years
2020 → 2025
Total assets
€151k▼ 10.5%
2024 · €169k
2020: €8klowest in 6 years
2021: €25k▲ +208% vs 2020
2022: €23k▼ -7.2% vs 2021
2023: €34k▲ +47.1% vs 2022
2024: €169k▲ +402% vs 2023highest in 6 years
2025: €151k▼ -10.5% vs 2024
2020 → 2025
Net result
€11k▼ 72.8%
2024 · €42k
2020: €441
2021: €-4k▼ -1052% vs 2020
2022: €-9k▼ -109% vs 2021lowest in 6 years
2023: €11k▲ +220% vs 2022
2024: €42k▲ +296% vs 2023highest in 6 years
2025: €11k▼ -72.8% vs 2024
2020 → 2025
Working capital
€23k▼ 38.6%
2024 · €37k
2020: €5k
2021: €1k▼ -77.1% vs 2020
2022: €-13k▼ -1150% vs 2021lowest in 6 years
2023: €-2k▲ +83.5% vs 2022
2024: €37k▲ +1841% vs 2023highest in 6 years
2025: €23k▼ -38.6% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1k-€-8k€3k€45k▲ 1,376%€56k▲ 25.3%
2021: €1k
2022: €-8k▼ -704% vs 2021lowest in 5 years
2023: €3k▲ +140% vs 2022
2024: €45k▲ +1376% vs 2023
2025: €56k▲ +25.3% vs 2024highest in 5 years
Operating result€-4k-€-9k▼ 113%€14k€53k▲ 274%€18k▼ 65.5%
2021: €-4k
2022: €-9k▼ -113% vs 2021lowest in 5 years
2023: €14k▲ +265% vs 2022
2024: €53k▲ +274% vs 2023highest in 5 years
2025: €18k▼ -65.5% vs 2024
Net result€-4k-€-9k▼ 109%€11k€42k▲ 296%€11k▼ 72.8%
2021: €-4k
2022: €-9k▼ -109% vs 2021lowest in 5 years
2023: €11k▲ +220% vs 2022
2024: €42k▲ +296% vs 2023highest in 5 years
2025: €11k▼ -72.8% vs 2024
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 66% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €151k
Fixed assets
€33k ▲ 345%
Current assets
€118k ▼ 27.0%
Equity and liabilities €151k
Equity
€56k ▲ 25.3%
Debt
€95k ▼ 23.5%
Debt's share of the balance-sheet total falls from 73.4% to 62.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34k▼
2024 · €55k
Cash flow
€27k▼
2024 · €44k
Current ratio
1.24▼
2024 · 1.30
Debt to equity
1.68▼
2024 · 2.75
ROE
20.2%▼
2024 · 93.2%
ROA
7.5%▼
2024 · 24.8%
Interest coverage
227.26▼
2024 · 306.94
Debt ≤ 1 year
€95k▼
2024 · €124k
Income taxes
€7k▼
2024 · €11k
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€169k€151k▼
Fixed assets21/28€7k€33k▲
Tangible fixed assets22/27€4k€29k▲
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24-€27k
Financial fixed assets28€4k€4k=
Current assets29/58€161k€118k▼
Amounts receivable within one year40/41€152k€92k▼
Trade receivables40€152k€83k▼
Other amounts receivable41-€9k
Cash at bank and in hand54/58€10k€26k▲
Equity and liabilities
Total equity and liabilities10/49€169k€151k▼
Equity10/15€45k€56k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€40k€51k▲
Amounts payable17/49€124k€95k▼
Amounts payable within one year42/48€124k€95k▼
Trade debts44€76k€57k▼
Suppliers440/4€76k€57k▼
Taxes, remuneration and social security45€19k€19k▲
Taxes450/3€19k€19k▲
Other amounts payable47/48€29k€19k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€224k€341k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€15k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€179€12k▲
Gross operating margin9900€57k€47k▼
Operating profit (loss)9901€53k€18k▼
Financial charges65/66B€179€148▼
Recurring financial charges65€179€148▼
Profit (loss) for the period before taxes9903€53k€18k▼
Income taxes67/77€11k€7k▼
Profit (loss) for the period9904€42k€11k▼
Profit (loss) for the period to be appropriated9905€42k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€51k▲
Profit (loss) brought forward from the previous period14P€-2k€40k▲
The notes to these accounts (7 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 |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €206k | €181k | €224k | €341k | ▲ 52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €450 | €2k | €2k | €15k | ▲ 847% |
| Other operating charges640/8 | €1k | €524 | €202 | €2k | €1k | ▼ 18.4% |
| Non-recurring operating charges66A | - | €361 | €431 | €179 | €12k | ▲ 6,555% |
| Gross operating margin9900 | €-3k | €-7k | €16k | €57k | €47k | ▼ 17.4% |
| Operating profit (loss)9901 | €-4k | €-9k | €14k | €53k | €18k | ▼ 65.5% |
| Financial income75/76B | €2 | €26 | €35 | - | - | - |
| Recurring financial income75 | €2 | €26 | €35 | - | - | - |
| Financial charges65/66B | €112 | €181 | €169 | €179 | €148 | ▼ 17.3% |
| Recurring financial charges65 | €112 | €181 | €169 | €179 | €148 | ▼ 17.3% |
| Profit (loss) for the period before taxes9903 | €-4k | €-9k | €14k | €53k | €18k | ▼ 65.7% |
| Income taxes67/77 | €41 | - | €4k | €11k | €7k | ▼ 38.9% |
| Profit (loss) for the period9904 | €-4k | €-9k | €11k | €42k | €11k | ▼ 72.8% |
| Profit (loss) for the period to be appropriated9905 | €-4k | €-9k | €11k | €42k | €11k | ▼ 72.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25k | €23k | €34k | €169k | €151k | ▼ 10.5% |
| Fixed assets21/28 | - | €6k | €5k | €7k | €33k | ▲ 345% |
| Tangible fixed assets22/27 | - | €6k | €5k | €4k | €29k | ▲ 720% |
| Plant, machinery and equipment23 | - | €6k | €5k | €4k | €2k | ▼ 44.8% |
| Furniture and vehicles24 | - | - | - | - | €27k | - |
| Financial fixed assets28 | - | - | - | €4k | €4k | = |
| Current assets29/58 | €25k | €17k | €28k | €161k | €118k | ▼ 27.0% |
| Amounts receivable within one year40/41 | €24k | €13k | €25k | €152k | €92k | ▼ 39.3% |
| Trade receivables40 | €22k | €1k | €23k | €152k | €83k | ▼ 45.4% |
| Other amounts receivable41 | €1k | €12k | €2k | - | €9k | - |
| Cash at bank and in hand54/58 | €1k | €4k | €4k | €10k | €26k | ▲ 166% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25k | €23k | €34k | €169k | €151k | ▼ 10.5% |
| Equity10/15 | €1k | €-8k | €3k | €45k | €56k | ▲ 25.3% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Profit (loss) carried forward14 | €-4k | €-13k | €-2k | €40k | €51k | ▲ 28.5% |
| Amounts payable17/49 | €23k | €30k | €31k | €124k | €95k | ▼ 23.5% |
| Amounts payable within one year42/48 | €23k | €30k | €31k | €124k | €95k | ▼ 23.5% |
| Trade debts44 | €3k | €1k | €12k | €76k | €57k | ▼ 24.7% |
| Suppliers440/4 | €3k | €1k | €12k | €76k | €57k | ▼ 24.7% |
| Taxes, remuneration and social security45 | - | €10k | €4k | €19k | €19k | ▲ 0.4% |
| Taxes450/3 | - | €10k | €4k | €19k | €19k | ▲ 0.4% |
| Other amounts payable47/48 | €21k | €19k | €15k | €29k | €19k | ▼ 35.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €-9k | €11k | €42k | €11k | ▼ 72.8% |
| + Depreciation and write-downs630 | - | €450 | €2k | €2k | €15k | ▲ 847% |
| Operating cash flow (approximation) | €-4k | €-8k | €12k | €44k | €27k | ▼ 38.9% |
| Investment in fixed assets (approximation) | - | - | €-1k | €-4k | €-41k | ▼ 953% |
| Change in cash | - | €3k | €-400 | €6k | €16k | ▲ 170% |
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €42k ▲296%
Operating result €53k, net result €42k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
05-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 5 days late
2022
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Drogenbos · 1 establishment unit since 2020
Ground area
9,001 m²
Building footprint
3,732 m²
Volume, LiDAR
24,335 m³
2 parcels, Brussels, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
SL CORP
since 20202.302.864.330
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21384D0001/00W004 | Brussels | 5,264 m² | 1 · 1,608 m² | 10.7 m · 2 fl. |
| 22001A0058/00G000 | Flanders | 3,737 m² | 1 · 2,124 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
Recognised contractor
2 categoriesSL CORP BV42584
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Of 1,136 companies in sector 46130 we hold annual accounts for 646. 494 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
Founded02-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.