Debts
Debts rose by €80,609 in 2025.
Debts rose by €80,609 in 2025.
Green is investment, beige is depreciation. Machinery stands 543.8% higher than in 2024.
Short-term debts fell from €18,806 to €10,696.
Latest accounts filed late: after the legal deadline.
Lower net result than 87% of companies in repair and installation of machinery. Sector median €14,986 · 1,799 companies.
In July 2024, 1,271 companies had the same profile as SLRW has now. Each dot stands for 4 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,271 companies, not a prediction for SLRW. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| SLRW Vielsalm | €81,441 | -1.6% | 22.5% | - |
| BeoTech Ixelles | - | - | -6.8% | - |
| ELECTRO-PIECES JV Charleroi | - | - | 5.8% | - |
| CSE MAINTENANCE Walcourt | - | - | 23.1% | - |
| Ikonik Engineering and service Auderghem | €282,097 | 15.4% | 41.5% | - |
| Belgium Piping Industrial Maintenance Péruwelz | - | - | 66.8% | - |
| IASO-CHIRURGIA Liège | €143,775 | 19.5% | 25.9% | - |
Grey: the largest companies of the sector (repair and installation of machinery (NACE 33)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as SLRW: repair, maintenance and installation of machinery and equipment (NACE 33190). They are comparable in size and age: total assets between €87,700 and €206,000, founded between 2019 and 2024.
SLRW files the micro format. That format states no turnover. The gross margin fell from €26,419 in 2023 to €15,355 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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