Sluyts Products
ActiveSummary
Sluyts Products has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.04M and a net result of €317k. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 81% of 482 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▲+5
Solvency91▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 2.82 against 3.33 in 2023; short-term debt: 33.6% and cash: 36.5% of total assets), and 33.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
66.4%
Return on assets
20.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
23 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.04M▲ 29.5%
2023 · €803k
2018: €322k
2019: €429k
2020: €430k
2021: €511k
2022: €601k
2023: €803k
2018 → 2024
Total assets
€1.56M▲ 22.8%
2023 · €1.27M
2018: €1.04M
2019: €1.58M
2020: €1.61M
2021: €1.37M
2022: €1.44M
2023: €1.27M
2018 → 2024
Net result
€317k▲ 56.4%
2023 · €202k
2018: €199k
2019: €217k
2020: €186k
2021: €121k
2022: €90k
2023: €202k
2018 → 2024
Working capital
€955k▲ 57.2%
2023 · €607k
2018: €196k
2019: €278k
2020: €297k
2021: €367k
2022: €452k
2023: €607k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€430k-€511k▲ 18.8%€601k▲ 17.6%€803k▲ 33.7%€1.04M▲ 29.5%
Operating result€226k-€150k▼ 33.7%€128k▼ 14.4%€277k▲ 116%€412k▲ 48.6%
Net result€186k-€121k▼ 34.9%€90k▼ 25.5%€202k▲ 125%€317k▲ 56.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 49% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.56M
Fixed assets
€85k ▼ 79.1%
Current assets
€1.48M ▲ 70.6%
Equity and liabilities €1.56M
Equity
€1.04M ▲ 29.5%
Debt
€525k ▲ 11.6%
Debt's share of the balance-sheet total falls from 36.9% to 33.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€442k▲
2023 · €323k
Cash flow
€347k▲
2023 · €249k
Current ratio
2.82▼
2023 · 3.33
Quick ratio
2.79▼
2023 · 3.24
Debt to equity
0.50▼
2023 · 0.59
ROE
30.5%▲
2023 · 25.2%
ROA
20.2%▲
2023 · 15.9%
Interest coverage
41.25▼
2023 · 61.39
Debt ≤ 1 year
€525k▲
2023 · €260k
Income taxes
€85k▲
2023 · €70k
Staff costs
€184k▲
2023 · €157k
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 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.27M€1.56M▲
Fixed assets21/28€406k€85k▼
Tangible fixed assets22/27€406k€85k▼
Land and buildings22€298k-
Plant, machinery and equipment23€7k€10k▲
Furniture and vehicles24€101k€75k▼
Financial fixed assets28€324€324=
Current assets29/58€867k€1.48M▲
Stocks and contracts in progress3€24k€15k▼
Stocks30/36€24k€15k▼
Amounts receivable within one year40/41€385k€893k▲
Trade receivables40€263k€419k▲
Other amounts receivable41€123k€475k▲
Cash at bank and in hand54/58€458k€571k▲
Equity and liabilities
Total equity and liabilities10/49€1.27M€1.56M▲
Equity10/15€803k€1.04M▲
Contributions10/11€50k€50k=
Reserves13€753k€990k▲
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Distributable reserves133€748k€985k▲
Amounts payable17/49€471k€525k▲
Amounts payable after more than one year17€210k-
Financial debts170/4€210k-
Amounts payable within one year42/48€260k€525k▲
Current portion of amounts payable after more than one year42€32k€493▼
Trade debts44€60k€221k▲
Suppliers440/4€60k€221k▲
Advances received on contracts in progress46€10k-
Taxes, remuneration and social security45€158k€223k▲
Taxes450/3€135k€188k▲
Remuneration and social security454/9€24k€35k▲
Other amounts payable47/48-€80k
Income statement
Code20232024
Non-recurring operating income76A€7k€303k▲
Remuneration, social security and pensions62€157k€184k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€30k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€7k
Other operating charges640/8€9k€11k▲
Non-recurring operating charges66A€5k-
Gross operating margin9900€495k€644k▲
Operating profit (loss)9901€277k€412k▲
Financial income75/76B€741€618▼
Recurring financial income75€741€618▼
Financial charges65/66B€5k€11k▲
Recurring financial charges65€5k€11k▲
Profit (loss) for the period before taxes9903€272k€401k▲
Income taxes67/77€70k€85k▲
Profit (loss) for the period9904€202k€317k▲
Profit (loss) for the period to be appropriated9905€202k€317k▲
Appropriation of the result
Profit (loss) to be appropriated9906€202k€317k▲
Transfer to equity691/2€202k€237k▲
To other reserves6921€202k€237k▲
Profit to be distributed694/7-€80k
Directors or managers695-€80k
Social balance
Average headcount (FTE)90873.03.0=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Highest result since 2018net €317k ▲56.4%
Operating result €412k, net result €317k, both a record.
31-12
Financial
Equity above €1MEq €1.04M ▲29.5%
7 profitable years in a row build equity to €1.04M.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €90k ▼25.5%
Net result drops to €90k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Equity above €500kEq €511k ▲18.8%
4 profitable years in a row build equity to €511k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Lier · 1 establishment unit since 2007
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.
Marnixdreef 4A2500 LierGround area
4,847 m²
Building footprint
1,522 m²
Volume, LiDAR
8,489 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sluyts Products
since 20072.164.110.283
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392B0277/00G000 | Flanders | 3,612 m² | 1 · 1,109 m² | 8.9 m · 2 fl. |
| 12392B0345/00G000 | Flanders | 1,235 m² | 1 · 413 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 2,405 EUR awarded · 2,262 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 354 EUR | 0 EUR |
| 2023 | 1 | 1,193 EUR | 1,404 EUR |
| 2022 | 1 | 858 EUR | 858 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 681 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
Founded26-06-2007
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
43211General electrical installation work
43240Other construction installation
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.