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SLX

Active
Private limited companyfounded 20179 yrs activeH.-Geestmolenstraat 44, 9160 Lokeren, BelgiumKBO/BCE: BE 0673.925.514
Summary

SLX has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63,444 and a net result of €22,547. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 1556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

What they do
Rental and leasing activities
NACE 77222NACE 77292
1 site
How big
€356,954total assets 2025
Equity
€63,444
Profit
€22,547
Turnover not published (abridged schema)
Financially healthy?
61 Healthy Checked score 2025
Bankruptcy chance 12 m
0.8%
Who decides
Accounts filed 35 d late0 of 3 deeds read
Why 61- Higher-failure-rate sector+ Annual accounts: healthy financial profile+ Growing equityFiled after the deadlineShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability77▲+6
Solvency43▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity short (current ratio 0.66 against 1.01 in 2024; short-term debt: 61.3% and cash: 19.3% of total assets), and 82.2% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

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 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
17.8%
Return on assets
6.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €63,444
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 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 · 8 filings
Deviation from the deadline
2025
35 d late
2024
67 d late
2023
65 d late
2022
116 d late
2021
122 d late
2020
22 d early
2019
124 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 72 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 6 October (4 of the last 5 filed years within 49 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Financials

Fiscal year 2025Total assets €356,954Profit €22,547Solvency 17.8%Liquidity 0.66
Total assets
€356,954▲ 6.9%
2018 - 2025
Net result
€22,547▼ 29.0%
2018 - 2025
Equity
€63,444▲ 55.1%
2018 - 2025
Staff (FTE)
0.6▲ 20.0%
2018 - 2020

Financials · fiscal year 2025, micro schema

Trend over the years8 fiscal years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€14,394€123,256▲ 756%€56,164▼ 54.4%€48,271▼ 14.1%€27,152▼ 43.8%
Net result€3,645within the sector's middle half€112,046above the sector's middle half▲ 2,974%€41,992above the sector's middle half▼ 62.5%€31,739above the sector's middle half▼ 24.4%€22,547within the sector's middle half▼ 29.0%
Equity-€144,880below the sector's middle half▲ 2.5%-€32,834below the sector's middle half▲ 77.3%€9,158within the sector's middle half€40,897within the sector's middle half▲ 347%€63,444within the sector's middle half▲ 55.1%
Total assets€246,770within the sector's middle half▲ 2.4%€291,420within the sector's middle half▲ 18.1%€324,700within the sector's middle half▲ 11.4%€333,927within the sector's middle half▲ 2.8%€356,954within the sector's middle half▲ 6.9%
Debt€391,650▲ 0.6%€324,255▼ 17.2%€315,542▼ 2.7%€293,030▼ 7.1%€293,510▲ 0.2%
Working capital-€243,550below the sector's middle half▲ 5.6%-€110,507below the sector's middle half▲ 54.6%-€46,393below the sector's middle half▲ 58.0%€1,343within the sector's middle half-€73,634below the sector's middle half
Solvency-58.7%below the sector's middle half▲ 2.9pp-11.3%below the sector's middle half▲ 47.4pp2.8%below the sector's middle half▲ 14.1pp12.2%within the sector's middle half▲ 9.4pp17.8%within the sector's middle half▲ 5.5pp
Current ratio0.16below the sector's middle half▲ 0.070.52below the sector's middle half▲ 0.360.80within the sector's middle half▲ 0.281.01within the sector's middle half▲ 0.210.66within the sector's middle half▼ 0.34
Return on assets (ROA)1.5%within the sector's middle half▲ 44.2pp38.4%above the sector's middle half▲ 37.0pp12.9%above the sector's middle half▼ 25.5pp9.5%within the sector's middle half▼ 3.4pp6.3%within the sector's middle half▼ 3.2pp
Staff (FTE)
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2021: €14,394€14,394Net result 2021: €3,645€3,645Operating result 2022: €123,256€123,256Net result 2022: €112,046€112,046Operating result 2023: €56,164€56,164Net result 2023: €41,992€41,992Operating result 2024: €48,271€48,271Net result 2024: €31,739€31,739Operating result 2025: €27,152€27,152Net result 2025: €22,547€22,54720212022202320242025€0€20,000€40,000€60,000Operating result 2023: €56,164€56,200Net result 2023: €41,992€42,000Operating result 2024: €48,271€48,300Net result 2024: €31,739€31,700Operating result 2025: €27,152€27,200Net result 2025: €22,547€22,500202320242025
The operating result has fallen three years in a row; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €356,860
Fixed assets €211,701 ▲ 75.8%
Current assets €145,159 ▼ 32.0%
Equity and liabilities €356,954
Equity €63,444 ▲ 55.1%
Debt €293,510 ▲ 0.2%
Debt's share of the balance-sheet total falls from 87.8% to 82.2%. Equity and debt are higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€62,603▼
2024 · €79,214
Cash flow
€57,998▼
2024 · €62,682
Debt to equity
4.63▼
2024 · 7.17
ROE
35.5%▼
2024 · 77.6%
Interest coverage
13.60▲
2024 · 4.79
Debt ≤ 1 year
€218,793▲
2024 · €211,985
Debt > 1 year
€74,717▼
2024 · €81,045
Staff costs
€0▲
2024 · -€293
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,713 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 83 lines
Balance sheet Code20242025
Assets
Total assets20/58€333,927€356,954▲
Formation expenses20€169€94▼
Fixed assets21/28€120,430€211,701▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€120,180€211,451▲
Land and buildings22€4,131€2,295▼
Plant, machinery and equipment23€32,682€132,594▲
Furniture and vehicles24€0€0=
Leasing and similar rights25€0€0=
Other tangible fixed assets26€83,368€76,562▼
Assets under construction and advance payments27€0€0=
Financial fixed assets28€250€250=
Current assets29/58€213,328€145,159▼
Amounts receivable after more than one year29€0€0=
Trade receivables290€0€0=
Other amounts receivable291€0€0=
Stocks and contracts in progress3€0€0=
Stocks30/36€0€0=
Contracts in progress37€0€0=
Amounts receivable within one year40/41€75,224€76,363▲
Trade receivables40€75,224€76,363▲
Other amounts receivable41€0€0=
Current investments50/53€0€0=
Cash at bank and in hand54/58€137,829€68,796▼
Deferred charges and accrued income490/1€275€0▼
Equity and liabilities
Total equity and liabilities10/49€333,927€356,954▲
Equity10/15€40,897€63,444▲
Contributions10/11€40,000€40,000=
Revaluation surpluses12€0€0=
Reserves13€0€0=
Non-distributable reserves130/1€0€0=
Reserves not available under the articles1311€0€0=
Own shares acquired1312€0€0=
Financial assistance1313€0€0=
Other1319€0€0=
Tax-exempt reserves132€0€0=
Distributable reserves133€0€0=
Profit (loss) carried forward14€897€23,444▲
Investment grants15€0€0=
Advance to shareholders on the distribution of net assets19€0€0=
Provisions and deferred taxes16€0€0=
Provisions for liabilities and charges160/5€0€0=
Pensions and similar obligations160€0€0=
Taxes161€0€0=
Major repairs and maintenance162€0€0=
Environmental obligations163€0€0=
Other liabilities and charges164/5€0€0=
Deferred taxes168€0€0=
Amounts payable17/49€293,030€293,510▲
Amounts payable after more than one year17€81,045€74,717▼
Financial debts170/4€81,045€74,717▼
Trade debts175€0€0=
Advances received on contracts in progress176€0€0=
Other amounts payable178/9€0€0=
Amounts payable within one year42/48€211,985€218,793▲
Current portion of amounts payable after more than one year42€6,202€6,328▲
Financial debts43€0€0=
Credit institutions430/8€0€0=
Other loans439€0€0=
Trade debts44€8,854€2,814▼
Suppliers440/4€8,854€2,814▼
Bills of exchange payable441€0€0=
Advances received on contracts in progress46€0€0=
Taxes, remuneration and social security45€15,888€13,296▼
Taxes450/3€15,686€13,093▼
Remuneration and social security454/9€202€202=
Other amounts payable47/48€181,041€196,356▲
Accrued charges and deferred income492/3€0€0=
Income statement Code20242025
Non-recurring operating income76A€11,934€1,500▼
Remuneration, social security and pensions62-€293€0▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,943€35,451▲
Other operating charges640/8€2,557€2,694▲
Gross operating margin9900€81,479€65,297▼
Operating profit (loss)9901€48,271€27,152▼
Financial income75/76B€7€0▼
Recurring financial income75€7€0▼
Financial charges65/66B€16,539€4,605▼
Recurring financial charges65€16,539€4,605▼
Profit (loss) for the period before taxes9903€31,739€22,547▼
Profit (loss) for the period9904€31,739€22,547▼
Profit (loss) for the period to be appropriated9905€31,739€22,547▼
Appropriation of the result
Profit (loss) to be appropriated9906€897€23,444▲
Profit (loss) brought forward from the previous period14P-€30,842€897▲

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€14,059€7,111-€11,934€1,500▼ 87.4%
Remuneration, social security and pensions62€1,511-€197€142-€293€0▲ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59,088€48,946€42,204€30,943€35,451▲ 14.6%
Other operating charges640/8€2,209€2,535€2,518€2,557€2,694▲ 5.4%
Gross operating margin9900€77,203€174,540€101,028€81,479€65,297▼ 19.9%
Operating profit (loss)9901€14,394€123,256€56,164€48,271€27,152▼ 43.8%
Financial income75/76B€38€0€0€7€0▼ 99.0%
Recurring financial income75€38€0€0€7€0▼ 99.0%
Financial charges65/66B€10,787€11,211€14,173€16,539€4,605▼ 72.2%
Recurring financial charges65€10,787€11,211€14,173€16,539€4,605▼ 72.2%
Profit (loss) for the period before taxes9903€3,645€112,046€41,992€31,739€22,547▼ 29.0%
Profit (loss) for the period9904€3,645€112,046€41,992€31,739€22,547▼ 29.0%
Profit (loss) for the period to be appropriated9905€3,645€112,046€41,992€31,739€22,547▼ 29.0%
Line20212022202320242025Change
Assets
Total assets20/58€246,770€291,420€324,700€333,927€356,954▲ 6.9%
Formation expenses20€394€319€244€169€94▼ 44.4%
Fixed assets21/28€199,424€171,123€142,554€120,430€211,701▲ 75.8%
Intangible fixed assets21€625€0€0€0€0-
Tangible fixed assets22/27€198,359€170,683€142,304€120,180€211,451▲ 75.9%
Land and buildings22€9,639€7,803€5,967€4,131€2,295▼ 44.4%
Plant, machinery and equipment23€73,410€59,882€45,652€32,682€132,594▲ 306%
Furniture and vehicles24€11,525€6,019€512€0€0-
Leasing and similar rights25-€0€0€0€0-
Other tangible fixed assets26€103,784€96,979€90,173€83,368€76,562▼ 8.2%
Assets under construction and advance payments27-€0€0€0€0-
Financial fixed assets28€440€440€250€250€250=
Current assets29/58€46,952€119,979€181,902€213,328€145,159▼ 32.0%
Amounts receivable after more than one year29-€0€0€0€0-
Trade receivables290-€0€0€0€0-
Other amounts receivable291-€0€0€0€0-
Stocks and contracts in progress3€0€0€0€0€0-
Stocks30/36€0€0€0€0€0-
Contracts in progress37€0€0€0€0€0-
Amounts receivable within one year40/41€45,599€60,271€67,171€75,224€76,363▲ 1.5%
Trade receivables40€45,599€60,047€67,171€75,224€76,363▲ 1.5%
Other amounts receivable41€0€223€0€0€0-
Current investments50/53-€0€0€0€0-
Cash at bank and in hand54/58€1,353€59,709€114,731€137,829€68,796▼ 50.1%
Deferred charges and accrued income490/1-€0€0€275€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€246,770€291,420€324,700€333,927€356,954▲ 6.9%
Equity10/15-€144,880-€32,834€9,158€40,897€63,444▲ 55.1%
Contributions10/11€40,000€40,000€40,000€40,000€40,000=
Revaluation surpluses12€0€0€0€0€0-
Reserves13€0€0€0€0€0-
Non-distributable reserves130/1€0€0€0€0€0-
Reserves not available under the articles1311€0€0€0€0€0-
Own shares acquired1312€0€0€0€0€0-
Financial assistance1313€0€0€0€0€0-
Other1319€0€0€0€0€0-
Tax-exempt reserves132€0€0€0€0€0-
Distributable reserves133€0€0€0€0€0-
Profit (loss) carried forward14-€184,880-€72,834-€30,842€897€23,444▲ 2,514%
Investment grants15€0€0€0€0€0-
Advance to shareholders on the distribution of net assets19€0€0€0€0€0-
Provisions and deferred taxes16€0€0€0€0€0-
Provisions for liabilities and charges160/5€0€0€0€0€0-
Pensions and similar obligations160€0€0€0€0€0-
Taxes161€0€0€0€0€0-
Major repairs and maintenance162€0€0€0€0€0-
Environmental obligations163€0€0€0€0€0-
Other liabilities and charges164/5€0€0€0€0€0-
Deferred taxes168€0€0€0€0€0-
Amounts payable17/49€391,650€324,255€315,542€293,030€293,510▲ 0.2%
Amounts payable after more than one year17€99,285€93,327€87,248€81,045€74,717▼ 7.8%
Financial debts170/4€99,285€93,327€87,248€81,045€74,717▼ 7.8%
Trade debts175€0€0€0€0€0-
Advances received on contracts in progress176€0€0€0€0€0-
Other amounts payable178/9€0€0€0€0€0-
Amounts payable within one year42/48€290,503€230,486€228,294€211,985€218,793▲ 3.2%
Current portion of amounts payable after more than one year42€5,840€5,958€6,079€6,202€6,328▲ 2.0%
Financial debts43€0€0€0€0€0-
Credit institutions430/8€0€0€0€0€0-
Other loans439€0€0€0€0€0-
Trade debts44€15,183€0€8,855€8,854€2,814▼ 68.2%
Suppliers440/4€15,183€0€8,855€8,854€2,814▼ 68.2%
Bills of exchange payable441€0€0€0€0€0-
Advances received on contracts in progress46€0€0€0€0€0-
Taxes, remuneration and social security45€3,528€14,332€11,281€15,888€13,296▼ 16.3%
Taxes450/3€3,033€13,837€10,786€15,686€13,093▼ 16.5%
Remuneration and social security454/9€495€495€495€202€202=
Other amounts payable47/48€265,952€210,195€202,079€181,041€196,356▲ 8.5%
Accrued charges and deferred income492/3€1,862€442€0€0€0-
Line20212022202320242025Change
Profit (loss) for the period9904€3,645€112,046€41,992€31,739€22,547▼ 29.0%
+ Depreciation and write-downs630€59,088€48,946€42,204€30,943€35,451▲ 14.6%
Operating cash flow (approximation)€62,733€160,992€84,195€62,682€57,998▼ 7.5%
Investment in fixed assets (approximation)--€20,645-€13,635-€8,819-€126,722▼ 1,337%
Change in cash-€58,355€55,022€23,098-€69,033▼ 399%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Comparable companies5

Timeline

11 eventsLatest 04-09-2026Next filing 31-07-2027

History

On 6 April 2017, SLX was incorporated.1 Total assets went from €324,111 in 2018 to €356,954 in 2025 and headcount from 0.1 full-time equivalents in 2018 to 0.6 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
04-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 35 days late
2025
06-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
2024
04-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
24-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 116 days late
2022
31-12
Financial Highest result since 2018net €112,046 ▲2,974%
Operating result €123,256, net result €112,046, both a record.
30-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
31-12
Financial Back to profitnet €3,645
Net result €3,645 after 3 loss-making years.
09-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet -€102,945
Net result drops to -€102,945, the lowest in the series; recovery starts the following year.
02-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 124 days late
2019
09-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Private limited company · founded 06-04-2017Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded06-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
77222Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0673925514
Also 9925:BE0673925514
Registered 26-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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

Sites & property

Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
2,570 m²
Building footprint
628 m²
Volume, LiDAR
3,136 m³
2 parcels, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
SLX
Antwerpse Steenweg 32, 9160 LokerenWholesale of electrical household appliances and audio-video equipment
since 2017unit no. 2.263.468.076
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46383D0437/00C000 Flanders 1,897 m² 1 · 218 m² 6.6 m · 2 fl.
46014A0970/00N000 Flanders 673 m² 1 · 410 m² 6.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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