SLEUTEL - DIENST - EXPRESS
ActiveSLEUTEL - DIENST - EXPRESS has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.62M and a net result of €193k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-2
Solvency100=
Growth62▲+1
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 12.71 against 12.54 in 2024; short-term debt: 5.6% and cash: 36.9% of total assets), and 6.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
93.9%
Return on assets
5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
72 d early
2023
28 d early
2022
54 d early
2021
57 d late
2020
25 d late
2019
90 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.62M▲ 2.7%
2024 · €1.58M
2018: €1.72M
2019: €1.61M
2020: €1.34M
2021: €1.51M
2022: €1.51M
2023: €1.71M
2024: €1.58M
2018 → 2025
EBIT margin
17.1%▼ 5.7pp
2024 · 22.9%
2018: 7.6%
2019: 20.2%
2020: 16.4%
2021: 18.9%
2022: 19.3%
2023: 25.8%
2024: 22.9%
2018 → 2025
Net result
€193k▼ 28.4%
2024 · €269k
2018: €103k
2019: €227k
2020: €160k
2021: €232k
2022: €208k
2023: €326k
2024: €269k
2018 → 2025
Working capital
€2.53M▲ 2.2%
2024 · €2.47M
2018: €1.83M
2019: €2.05M
2020: €1.83M
2021: €1.85M
2022: €1.97M
2023: €2.30M
2024: €2.47M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.51M-€1.51M▼ 0.5%€1.71M▲ 13.8%€1.58M▼ 8.1%€1.62M▲ 2.7%
Equity€3.03M-€3.13M▲ 3.6%€3.36M▲ 7.2%€3.53M▲ 5.0%€3.62M▲ 2.6%
Operating result€285k-€291k▲ 2.0%€443k▲ 52.0%€360k▼ 18.6%€277k▼ 23.1%
Net result€232k-€208k▼ 10.5%€326k▲ 56.5%€269k▼ 17.4%€193k▼ 28.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 23% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.86M
Fixed assets
€1.11M▲ 3.6%
Current assets
€2.74M▲ 2.1%
Equity and liabilities €3.86M
Equity
€3.62M▲ 2.6%
Provisions
€19k▲ 3.8%
Debt
€216k▲ 0.7%
The debt ratio falls from 5.7% to 5.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€402k▼
2024 · €477k
Cash flow
€318k▼
2024 · €386k
Solvency
93.9%▲
2024 · 93.8%
Current ratio
12.71▲
2024 · 12.54
Quick ratio
7.84▲
2024 · 7.73
Debt / equity
0.06▼
2024 · 0.06
ROE
5.3%▼
2024 · 7.6%
ROA
5.0%▼
2024 · 7.2%
Interest coverage
153.72▼
2024 · 233.39
Debt
€216k▲
2024 · €214k
Debt ≤ 1 year
€216k▲
2024 · €214k
Income taxes
€91k▼
2024 · €96k
Staff costs
€328k▲
2024 · €309k
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€3.76M€3.86M▲
Fixed assets21/28€1.07M€1.11M▲
Tangible fixed assets22/27€1.07M€1.11M▲
Land and buildings22€944k€935k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€120k€171k▲
Financial fixed assets28€851€851=
Current assets29/58€2.69M€2.74M▲
Stocks and contracts in progress3€1.03M€1.05M▲
Stocks30/36€1.03M€1.05M▲
Amounts receivable within one year40/41€198k€233k▲
Trade receivables40€103k€134k▲
Other amounts receivable41€96k€99k▲
Cash at bank and in hand54/58€1.43M€1.42M▼
Deferred charges and accrued income490/1€27k€34k▲
Equity and liabilities
Total equity and liabilities10/49€3.76M€3.86M▲
Equity10/15€3.53M€3.62M▲
Contributions10/11€19k€19k=
Reserves13€3.51M€3.60M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€1k€1k=
Distributable reserves133€3.51M€3.60M▲
Provisions and deferred taxes16€18k€19k▲
Provisions for liabilities and charges160/5€18k€19k▲
Other liabilities and charges164/5€18k€19k▲
Amounts payable17/49€214k€216k▲
Amounts payable within one year42/48€214k€216k▲
Trade debts44€53k€55k▲
Suppliers440/4€53k€55k▲
Advances received on contracts in progress46€5k€5k=
Taxes, remuneration and social security45€61k€53k▼
Taxes450/3€51k€40k▼
Remuneration and social security454/9€10k€13k▲
Other amounts payable47/48€95k€102k▲
Income statement
Code20242025
Turnover70€1.58M€1.62M▲
Goods, raw materials, services and sundry goods60/61€770k€872k▲
Remuneration, social security and pensions62€309k€328k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€117k€125k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€110▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€656€692▲
Other operating charges640/8€14k€15k▲
Gross operating margin9900€805k€745k▼
Operating profit (loss)9901€360k€277k▼
Financial income75/76B€7k€10k▲
Recurring financial income75€7k€10k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€365k€284k▼
Income taxes67/77€96k€91k▼
Profit (loss) for the period9904€269k€193k▼
Profit (loss) for the period to be appropriated9905€269k€193k▼
Appropriation of the result
Profit (loss) to be appropriated9906€269k€193k▼
Transfer from equity791/2€100k€100k=
Transfer to equity691/2€269k€193k▼
To other reserves6921€269k€193k▼
Profit to be distributed694/7€100k€100k=
Return on contributions (dividend)694€100k€100k=
Social balance
Average headcount (FTE)90874.05.0▲
The notes to these accounts (11 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
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €326k ▲56.5%
Operating result €443k, net result €326k, both a record.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 57 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 12.58
Current ratio from 6.29 to 12.58; short-term debt falls from €345k to €160k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 58 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 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, Leuven · 1 establishment unit since 1980
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.
Tiensesteenweg 463001 LeuvenGround area
122 m²
Building footprint
122 m²
Volume, LiDAR
1,172 m³
Parcel 24433E0065/00F006, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Tiensesteenweg 46, 3001 Leuven
since 19802.016.962.768
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24433E0065/00F006 | Flanders | 121 m² | 1 · 121 m² | 12.1 m · 3 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
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 301 companies in sector 47525 we hold annual accounts for 207. 97 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded31-12-1979
Fiscal year end31-12
Activities, NACEBEL
25620Manufacture of fabricated metal products, except machinery and equipment
25999Manufacture of fabricated metal products, except machinery and equipment
47525Retail trade
25530Machining of metals
27900Manufacture of electrical equipment
43211General electrical installation work
43320Joinery installation
45310
45422
47400Retail sale of information and communication equipment
47430Retail trade
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.