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SSL

Active
Private limited companyfounded 200620 yrs activeTramstraat 43, 1932 Zaventem, BelgiumKBO/BCE: BE 0883.534.594

SSL has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €468k and a net result of €41k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 1831 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
86 / 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▼-26
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 2.07 in 2024), and 29.3% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
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
70.7%
Return on assets
6.3%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filings
Deviation from the deadline
2025
28 d late
2024
29 d late
2023
30 d late
2022
30 d late
2021
96 d late
2020
30 d late
2019
141 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 months
Position in the running window
14-09-2026 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

Financials · fiscal year 2025, abbreviated schema

Turnover
€643k
EBIT margin
6.1%
Net result
€41k▼ 30.8%
2024 · €60k
2018: €26k 2019: €29k 2020: €51k 2021: €16k 2022: €96k 2023: €50k 2024: €60k
2018 → 2025
Working capital
€171k▲ 11.7%
2024 · €153k
2018: €144k 2019: €165k 2020: €216k 2021: €88k 2022: €69k 2023: €98k 2024: €153k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€221k-€316k▲ 43.3%€366k▲ 15.8%€426k▲ 16.4%€468k▲ 9.7%
Operating result€40k-€110k▲ 175%€67k▼ 39.5%€77k▲ 15.0%€52k▼ 31.8%
Net result€16k-€96k▲ 484%€50k▼ 47.8%€60k▲ 20.1%€41k▼ 30.8%
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €40k€40kNet result 2021: €16k€16kOperating result 2022: €110k€110kNet result 2022: €96k€96kOperating result 2023: €67k€67kNet result 2023: €50k€50kOperating result 2024: €77k€77kNet result 2024: €60k€60kOperating result 2025: €52k€52kNet result 2025: €41k€41k20212022202320242025
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €662k
Fixed assets €352k▲ 0.1%
Current assets €309k▲ 4.3%
Equity and liabilities €662k
Equity €468k▲ 9.7%
Debt €194k▼ 12.8%
The debt ratio falls from 34.3% to 29.3%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€141k
2024 · €163k
Cash flow
€130k
2024 · €146k
Solvency
70.7%
2024 · 65.7%
Current ratio
2.23
2024 · 2.07
Quick ratio
2.23
2024 · 2.07
Debt / equity
0.41
2024 · 0.52
ROE
8.9%
2024 · 14.1%
ROA
6.3%
2024 · 9.2%
Interest coverage
29.11
2024 · 30.43
Debt
€194k
2024 · €222k
Debt ≤ 1 year
€139k
2024 · €144k
Debt > 1 year
€51k
2024 · €75k
Income taxes
€6k
2024 · €12k
Staff costs
€340k
2024 · €365k
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€648k€662k
Fixed assets21/28€352k€352k
Tangible fixed assets22/27€315k€315k
Furniture and vehicles24€8k€4k
Leasing and similar rights25€279k€288k
Other tangible fixed assets26€28k€24k
Financial fixed assets28€37k€37k=
Current assets29/58€296k€309k
Amounts receivable within one year40/41€104k€103k
Trade receivables40€101k€96k
Other amounts receivable41€3k€7k
Cash at bank and in hand54/58€190k€204k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€648k€662k
Equity10/15€426k€468k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€406k€447k
Amounts payable17/49€222k€194k
Amounts payable after more than one year17€75k€51k
Financial debts170/4€75k€51k
Amounts payable within one year42/48€144k€139k
Current portion of amounts payable after more than one year42€88k€98k
Trade debts44€28k€19k
Suppliers440/4€28k€19k
Taxes, remuneration and social security45€27k€22k
Taxes450/3€6k€4k
Remuneration and social security454/9€21k€18k
Other amounts payable47/48€347€454
Accrued charges and deferred income492/3€4k€4k
Income statement Code20242025
Remuneration, social security and pensions62€365k€340k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€89k
Other operating charges640/8€114k€113k
Gross operating margin9900€642k€594k
Operating profit (loss)9901€77k€52k
Financial income75/76B€71€132
Recurring financial income75€71€132
Financial charges65/66B€5k€5k
Recurring financial charges65€5k€5k
Profit (loss) for the period before taxes9903€72k€48k
Income taxes67/77€12k€6k
Profit (loss) for the period9904€60k€41k
Profit (loss) for the period to be appropriated9905€60k€41k
Appropriation of the result
Profit (loss) to be appropriated9906€406k€447k
Profit (loss) brought forward from the previous period14P€346k€406k
Social balance
Average headcount (FTE)90878.37.7

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial Highest result since 2018net €96k ▲484%
Operating result €110k, net result €96k, both a record.
04-11
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 96 days late
2021
31-12
Financial Weakest financial yearnet €16k ▼68.1%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
19-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 141 days late
2019
31-12
Financial Equity above €200kEq €221k ▲15.3%
2 profitable years in a row build equity to €221k.
09-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 9 days late
2018
13-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 13 days late
2017
08-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
8 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, Zaventem · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Tramstraat 431932 Zaventem
Ground area
379 m²
Building footprint
177 m²
Volume, LiDAR
1,201 m³
Parcel 23078C0105/00Y005, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SSL
Tramstraat 43, 1932 ZaventemNACE 6024201
since 20062.157.268.815
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23078C0105/00Y005 Flanders 379 m² 1 · 177 m² 10.8 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.

Similar companies · same sector, comparable size

Of 12,446 companies in sector 49410 we hold annual accounts for 8,087. 5,267 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-09-2006
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.