SL TOTAL

Active

Private limited companyfounded 20215 yrs activeLeuvensesteenweg(MZN) 394, 2812 Mechelen, BelgiumKBO/BCE: BE 0765.828.757

Summary

The computed 12-month bankruptcy probability of SL TOTAL is 2.2% (moderate). The 2024 annual accounts show equity of €84k and a net result of €53k. Equity is growing by ~37.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 9982 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

66 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability93▲+35

Solvency55▲+16

Growth78▲+26

Track record94

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 1.6 against 0.91 in 2023; short-term debt: 30.6% and cash: 27.8% of total assets), but 69.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

30.1%

Return on assets

19.1%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

28 d late

2023

30 d late

2022

122 d late

2021

11 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€84k▲ 174%

2023 · €31k

2021: €23k 2022: €29k 2023: €31k

2021 → 2024

Total assets

€280k▲ 25.4%

2023 · €223k

2021: €41k 2022: €239k 2023: €223k

2021 → 2024

Net result

€53k▲ 2,363%

2023 · €2k

2021: €19k 2022: €5k 2023: €2k

2021 → 2024

Working capital

€51k

2023 · €-8k

2021: €7k 2022: €-20k 2023: €-8k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€23k-€29k▲ 22.7%€31k▲ 7.6%€84k▲ 174%

Operating result€24k-€8k▼ 66.4%€7k▼ 11.6%€71k▲ 904%

Net result€19k-€5k▼ 72.1%€2k▼ 59.0%€53k▲ 2,363%

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 2024; 2024 is 904% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €280k

51.1%

48.9%

Fixed assets €143k ▲ 1.1%

Current assets €137k ▲ 67.3%

Equity and liabilities €280k

30.1%

69.9%

Equity €84k ▲ 174%

Debt €195k ▲ 1.6%

Debt's share of the balance-sheet total falls from 86.2% to 69.9%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€80k▲

2023 · €18k

Cash flow

€63k▲

2023 · €13k

Current ratio

1.60▲

2023 · 0.91

Debt to equity

2.32▼

2023 · 6.25

ROE

63.5%▲

2023 · 7.1%

ROA

19.1%▲

2023 · 1.0%

Interest coverage

53.35▲

2023 · 4.54

Debt ≤ 1 year

€85k▼

2023 · €90k

Debt > 1 year

€93k▼

2023 · €96k

Income taxes

€16k▲

2023 · €1k

Staff costs

€8k▲

2023 · €6k

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 · 2024 against 2023 · 47 lines

Balance sheet Code20232024

Assets

Total assets20/58€223k€280k▲

Fixed assets21/28€141k€143k▲

Tangible fixed assets22/27€141k€143k▲

Land and buildings22€137k€132k▼

Plant, machinery and equipment23€469€1k▲

Furniture and vehicles24€4k€9k▲

Current assets29/58€82k€137k▲

Amounts receivable within one year40/41€40k€56k▲

Trade receivables40€29k€45k▲

Other amounts receivable41€12k€12k=

Cash at bank and in hand54/58€5k€78k▲

Deferred charges and accrued income490/1€36k€3k▼

Equity and liabilities

Total equity and liabilities10/49€223k€280k▲

Equity10/15€31k€84k▲

Contributions10/11€4k€4k=

Reserves13€26k€26k=

Distributable reserves133€26k€26k=

Profit (loss) carried forward14-€53k

Amounts payable17/49€192k€195k▲

Amounts payable after more than one year17€96k€93k▼

Financial debts170/4€96k€93k▼

Amounts payable within one year42/48€90k€85k▼

Current portion of amounts payable after more than one year42€4k€4k▼

Trade debts44€76k€49k▼

Suppliers440/4€76k€49k▼

Taxes, remuneration and social security45€5k€20k▲

Taxes450/3€3k€18k▲

Remuneration and social security454/9€1k€2k▲

Other amounts payable47/48€6k€13k▲

Accrued charges and deferred income492/3€6k€17k▲

Income statement Code20232024

Remuneration, social security and pensions62€6k€8k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€83k-

Other operating charges640/8€2k€4k▲

Gross operating margin9900€110k€92k▼

Operating profit (loss)9901€7k€71k▲

Financial income75/76B€174€205▲

Recurring financial income75€174€205▲

Financial charges65/66B€4k€2k▼

Recurring financial charges65€4k€2k▼

Profit (loss) for the period before taxes9903€3k€69k▲

Income taxes67/77€1k€16k▲

Profit (loss) for the period9904€2k€53k▲

Profit (loss) for the period to be appropriated9905€2k€53k▲

Appropriation of the result

Profit (loss) to be appropriated9906€2k€53k▲

Transfer to equity691/2€2k-

To other reserves6921€2k-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2025

28-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 28 days late

2024

31-12

Financial Highest result since 2021net €53k ▲2363%

Operating result €71k, net result €53k, both a record.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-12

Financial Weakest financial yearnet €2k ▼59%

Net result drops to €2k, the lowest in the series; recovery starts the following year.

30-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 122 days late

2022

11-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 11 days late

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, Mechelen · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Leuvensesteenweg(MZN) 3942812 Mechelen

Ground area

115 m²

Building footprint

105 m²

Volume, LiDAR

501 m³

Parcel 12409D0090/00G000, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

SL TOTAL

Leuvensesteenweg(MZN) 394, 2812 MechelenReal estate development

since 20212.316.045.145

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12409D0090/00G000	Flanders	115 m²	1 · 105 m²	10.2 m · 1 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.

Similar companies · same sector, comparable size

Bonheiden · Eq €84,682

TOM ENTREPRISE GENERALE DE CONSTRUCTION

Of 2,451 companies in sector 41003 we hold annual accounts for 1,054. 733 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded30-03-2021

Fiscal year end31-12

Activities, NACEBEL 2025

41001General construction of residential buildings

41003General construction of other non-residential buildings

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.