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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SALM MARINO from Vielsalm, company number BE0475109166, closed financial year 2025 with a result of € -3,792 after tax. For that financial year SALM MARINO recorded a gross margin of € -3,726 and equity of € -34,030. Compared with financial year 2024, the result moved from € -5,489 to € -3,792. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ -34,030
▼ € 3,792 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,792
▲ 31 % less loss than in 2024
Profit after tax over the fiscal year.
€ 254
▲ € 229 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -52,630.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,249
▲ € 1,224 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,183
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,543 | € -4,120 | € -5,363 | € -3,726 | ▲ € 1,638 |
| Profit after taxes | € -2,670 | € -4,120 | € -5,489 | € -3,792 | ▲ € 1,697 |
| Equity | € -20,630 | € -24,749 | € -30,238 | € -34,030 | ▼ € 3,792 |
| Total debts | € 279,151 | € 282,720 | € 288,190 | € 291,879 | ▲ 1% |
| Cash | € 59 | € 10 | € 25 | € 254 | ▲ € 229 |
| Land & buildings | € 75,000 | € 75,000 | € 75,000 | € 75,000 | |
| Retained profit | € -39,230 | € -43,349 | € -48,838 | € -52,630 | ▼ € 3,792 |
| Balance sheet total | € 258,521 | € 257,971 | € 257,952 | € 257,849 |
Key figures of SALM MARINO, 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 SALM MARINO?
What happened at SALM MARINO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,792. Source: NBB ↗
- New establishment in Vielsalm. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,670 loss in 2022 to € 3,792 loss in 2025.
Establishments
Establishment units
Physical locations of this company
Route de Cierreux 13
6690 Vielsalm
Route de Cierreux 7
6690 Vielsalm
Active since 9 October 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.109.166
- VAT number
- BE 0475.109.166
- Registered office
- Route de Cierreux 13, 6690 Vielsalm
- Names & denominations
- SALM MARINO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 2001
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Exploitatie van bossen
Bosexploitatie