Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SALCO from Malle, company number BE0428971810, closed financial year 2025 with a result of € 290,236 after tax. For that financial year SALCO recorded revenue of € 23.9 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € 562,428 to € 290,236. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 4.6 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 290,236
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 507,755
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 180,000 paid out
62 % of the profit went to the shareholders, mostly to Willy van Doorne International NV (100 % of the shares). That is where the money ends up.
People and assets in 2025
25.3
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
▲ 8% vs 2024
€ 80,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 59,477
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.1 million
▲ 2% vs 2024
€ 279,561 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1.7 million
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 29 days on average.
€ 441,270
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,905,304 | € 23,568,160 | € 23,061,255 | € 23,926,981 | ▲ 4% |
| Profit after taxes | € 1,250,700 | € 809,928 | € 562,428 | € 290,236 | ▼ 48% |
| Equity | € 3,992,023 | € 4,251,951 | € 4,454,379 | € 4,564,615 | ▲ 2% |
| Total debts | € 3,714,944 | € 3,439,908 | € 5,068,289 | € 4,414,064 | ▼ 13% |
| Cash | € 694,328 | € 591,325 | € 382,000 | € 507,755 | ▲ 33% |
| Land & buildings | € 924,161 | € 863,852 | € 803,543 | € 743,233 | ▼ 8% |
| Retained profit | € 3,930,523 | € 4,190,451 | € 4,392,879 | € 4,503,115 | ▲ 3% |
| Dividend | € 600,000 | € 550,000 | € 360,000 | € 180,000 | ▼ 50% |
| Bank debt | € 776,574 | € 730,476 | € 2,048,600 | € 2,092,674 | ▲ 2% |
| Balance sheet total | € 7,706,967 | € 7,691,859 | € 9,522,667 | € 8,978,680 | ▼ 6% |
| Employees (FTE) | 27.4 | 27.3 | 26 | 25.3 | ▼ 0.7 |
Key figures of SALCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SALCO?
What happened at SALCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 290,236 (▼ 48% vs 2024). Source: NBB ↗
- Willy van Doorne International NV stepped down as director. NBB
- Vandim NV stepped down as director. NBB
- New establishment in Malle. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million profit in 2022 to € 290,236 profit in 2025.
Paid € 496,850 in corporate taxes since 2022.
Best year ever: 2022, with € 1.3 million profit.
Paid out € 1.7 million in dividends to the owners in total.
Management
The shares are held by Willy van Doorne International NV (100%).
Directors
According to the 2025 annual accounts
Willy van Doorne International NV
Director · represented by Vincent van Doorne
Also active at: Garage Peeters, Garage Mioli, GARAGE VAN DEN KEYBUS, SA Garage Edmond Rohen, VANDIM 3, TRUCK TRADING ASSOCIATION, SERCOMAT, VANDIM2 +11 more
· until 2026
Director · represented by Jan Caers
Also active at: Garage Peeters, Garage Mioli, GARAGE VAN DEN KEYBUS, SA Garage Edmond Rohen, VANDIM 3, TRUCK TRADING ASSOCIATION, SERCOMAT, VANDIM2 +10 more
· until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Delften 6
2390 Malle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Mail.com
Hosting
COMBELL-AS, BE
Domain
Domain
salco.eu
Registrar
One.com A/S
Website info
Features
Security
Network
Details
- Company number
- 0428.971.810
- VAT number
- BE 0428.971.810
- Registered office
- Delften 6, 2390 Malle
- Names & denominations
- SALCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 1986
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- salco.eu
- Activities · NACE
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Groothandel in bouwmaterialen, algemeen assortiment
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.