Active BE 0544.981.929Private limited company

SLS BE

Lambroekstraat 5 ·1831 Machelen (Brab.), Belgium· 12 yrs active

Sector: Groothandel in chemische producten voor industrieel gebruik (46851)

Conclusion Checked

The KBO register records legal situation 050 for SLS BE (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (€-1.06M) and a net result of €-232k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€-1.06M
Net result	€-232k
Staff (FTE)	0.4
Better than sector	6%

Snowflake analysis 5 of 5 axes measured · computed by Checked

40 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 67

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

0 / 100

Low riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2021 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 30-05-2022 with the NBB · fiscal year 2021 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-60.5%	29.7%	better than 6% of 608 sector peers
Net result	€-232k	€39k	better than 5% of 608 sector peers
Equity	€-1.06M	€241k	better than 5% of 609 sector peers
Gross operating margin	€-152k	€226k	better than 5% of 607 sector peers
Staff costs	€71k	€147k	higher than 32% of 347 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-226k

+84.3% 18-21

Net profit

€-232k

+75.8% 18-21

Cash flow

€-171k

+81.7% 18-21

Total assets

€1.76M

+47.2% 18-21

Equity

€-1.06M

-27.9% 18-21

Working capital

€1.74M

+593.9% 18-21

Employees (FTE)

0

0.0% 18-21

Staff costs

€71k

- 18-21

Income taxes

€483

-70.3% 18-21

Debt

€380k

-58.6% 18-21

Debt ≤ 1y

€20k

-97.8% 18-21

Debt > 1y

€360k

-85.5% 18-21

Current ratio

87.89

+6806.9% 18-21

Quick ratio

87.89

+8565.1% 18-21

Solvency

-60.5%

+13.1% 18-21

Debt / equity

-0.36

- 18-21

ROE

21.8%

-81.0% 18-21

ROA

-13.2%

+83.5% 18-21

Interest coverage

-8.13

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	verkort
Revenue	-
EBITDA	€-226k
Net profit	€-232k
Cash flow	€-171k
Staff costs	€71k
Income taxes	-
Dividends	-
Total assets	€1.76M
Equity	€-1.06M
Debt	€380k
of which ≤ 1y	€20k
of which > 1y	€360k
Working capital	€1.74M
Employees (FTE)	0.4

Ratios (computed)

	2021
Current ratio	87.89
Quick ratio	87.89
Working capital ratio	98.8%
Solvency	-60.5%
Debt / equity	-0.36
Long-term debt ratio	-0.34
Interest coverage	-8.13
Gross margin	-
Net margin	-
ROA	-13.2%
ROE	21.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €240 · 0.0% Current assets €1.76M · 100.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.76M
Fixed assets	21/28	€240
Intangible fixed assets	21	€0
Tangible fixed assets	22/27	€0
Financial fixed assets	28	€240
Current assets	29/58	€1.76M
Amounts receivable within one year	40/41	€623k
Cash & bank	54/58	€654
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.76M
Equity	10/15	€-1.06M
Contributions / capital	10/11	€125k
Accumulated profits (losses)	14	€-1.19M
Provisions & deferred taxes	16	€2.44M
Amounts payable	17/49	€380k
Amounts payable after one year	17	€360k
Amounts payable within one year	42/48	€20k
Trade debts payable within one year	44	€651
Income statement
Gross operating margin	9900	€-152k
Operating result	9901	€-287k
Financial income	75	€41k
Financial charges	65	€28k
Result before taxes	9903	€-232k
Net result for the period	9904	€-232k
Result to be appropriated	9905	€-232k

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Ratios computed by Checked.

Legal Structure

NACE primary	Groothandel in chemische producten voor industrieel gebruik(46851)
Legal form	Private limited company(610)
Incorporation	03-02-2014
Status	Active
Postal code	1831

Establishment units 1 location

Rostynedreef 13, 9880 Aalter

Groothandel in chemische producten voor industrieel gebruik

since 20142.226.730.515

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23015B0073/00A000	Flanders	5,496 m²	1 · 1,193 m²	18.1 m · 5 fl.
44502C0725/00V000	Flanders	3,877 m²	1 · 425 m²	13.8 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

30-05-2022