VAN LAETHEM SILVIO
ActiveSummary
VAN LAETHEM SILVIO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88k and a net result of €20k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 63% of 391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-2
Solvency91▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 4.96 in 2024; short-term debt: 33.6% and cash: 40.9% of total assets), and 33.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 2025Solvency, return and age of the figures
Solvency
66.4%
Return on assets
15.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
20 d early
2023
1 d early
2022
18 d early
2021
31 d early
2020
15 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€288k
EBIT margin
3.8%
Net result
€20k▼ 9.8%
2024 · €22k
2018: €8k
2019: €630
2020: €5k
2021: €10k
2022: €12k
2023: €39k
2024: €22k
2018 → 2025
Working capital
€77k▼ 5.6%
2024 · €82k
2018: €48k
2019: €48k
2020: €39k
2021: €32k
2022: €19k
2023: €56k
2024: €82k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€39k▼ 17.3%€70k▲ 78.9%€93k▲ 31.8%€88k▼ 5.2%
Operating result€11k-€15k▲ 31.0%€52k▲ 248%€14k▼ 72.9%€30k▲ 109%
Net result€10k-€12k▲ 19.7%€39k▲ 238%€22k▼ 42.6%€20k▼ 9.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 109% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132k
Fixed assets
€10k ▼ 2.4%
Current assets
€122k ▲ 18.7%
Equity and liabilities €132k
Equity
€88k ▼ 5.2%
Debt
€44k ▲ 115%
Debt's share of the balance-sheet total rises from 18.3% to 33.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€33k▲
2024 · €18k
Cash flow
€24k▼
2024 · €26k
Current ratio
2.74▼
2024 · 4.96
Quick ratio
2.12▼
2024 · 3.58
Debt to equity
0.51▲
2024 · 0.22
ROE
23.0%▼
2024 · 24.1%
ROA
15.2%▼
2024 · 19.7%
Interest coverage
9.62▲
2024 · 5.57
Debt ≤ 1 year
€44k▲
2024 · €21k
Income taxes
€9k▲
2024 · €9k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€113k€132k▲
Fixed assets21/28€11k€10k▼
Tangible fixed assets22/27€11k€10k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€2k€4k▲
Other tangible fixed assets26€6k€5k▼
Current assets29/58€103k€122k▲
Stocks and contracts in progress3€29k€27k▼
Stocks30/36€29k€27k▼
Contracts in progress37€0-
Amounts receivable within one year40/41€32k€40k▲
Trade receivables40€25k€29k▲
Other amounts receivable41€8k€12k▲
Cash at bank and in hand54/58€42k€54k▲
Equity and liabilities
Total equity and liabilities10/49€113k€132k▲
Equity10/15€93k€88k▼
Contributions10/11€6k€6k=
Reserves13€86k€81k▼
Distributable reserves133€86k€81k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€21k€44k▲
Amounts payable within one year42/48€21k€44k▲
Trade debts44€14k€18k▲
Suppliers440/4€14k€18k▲
Taxes, remuneration and social security45€67€2k▲
Taxes450/3€67€2k▲
Other amounts payable47/48€7k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€19k€36k▲
Operating profit (loss)9901€14k€30k▲
Financial income75/76B€20k€3k▼
Recurring financial income75€4k€3k▼
Non-recurring financial income76B€17k€0▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€31k€29k▼
Income taxes67/77€9k€9k▲
Profit (loss) for the period9904€22k€20k▼
Profit (loss) for the period to be appropriated9905€22k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€20k▼
Transfer from equity791/2€0€25k▲
Transfer to equity691/2€22k€20k▼
To other reserves6921€22k€20k▼
Profit to be distributed694/7€0€25k▲
Return on contributions (dividend)694€0€25k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity doublescurrent ratio 4.96
Current ratio from 2.17 to 4.96; short-term debt falls from €48k to €21k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €39k ▲238%
Operating result €52k, net result €39k, both a record.
12-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €630 ▼92.1%
Net result drops to €630, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zwalm · 1 establishment unit since 2009
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.
Molenpad(Munk) 189630 ZwalmGround area
1,847 m²
Building footprint
196 m²
Volume, LiDAR
1,017 m³
Parcel 45027B0345/00H000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAN LAETHEM SILVIO BVBA
since 20092.177.524.393
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45027B0345/00H000 | Flanders | 1,847 m² | 1 · 196 m² | 8.2 m · 2 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.
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Climo
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Of 462 companies in sector 28250 we hold annual accounts for 285. 195 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
Founded08-04-2009
Fiscal year end30-09
Activities, NACEBEL 2025
28250Manufacture of machinery and equipment not elsewhere classified
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.