ACTIVE

SALT

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

878,5 k €

+335.7% YoY

Gross margin

774,6 k €

+1227.6% YoY

Equity

5 M €

+21.3% YoY

Workforce

1,9 ETP

+216.7% YoY

What does SALT do?

SALT is a Public limited company incorporated in 1991. Its main activity is: Development of building projects. Its registered office is in Knokke-Heist. It employs on average 1,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0442.738.484

Incorporation

13/02/1991

Legal form

Public limited company

Registered office

Elizabetlaan 414
8300 Knokke-Heist · FlandreSee on map

Contributed capital

225 000,00 €

Latest accounts

31/12/2025

Average workforce

1,9 ETP

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 41001Construction of buildings 41201Construction of residential and non-residential buildings 43350Building completion and finishing+12

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	774,6 k €	+1228%	-68,7 k €	+49.4%	-135,7 k €	-127%	510,5 k €	-81.4%	2,7 M €	+308%	672 k €	+139%	281,5 k €	-34.4%	429,4 k €	+40.4%	305,8 k €	-31.6%	447,1 k €	-13.7%	518 k €	+4.5%	495,7 k €	+15.4%	429,4 k €	-20.2%	537,8 k €	+5.6%	509,2 k €	+106%	246,8 k €	-60.8%	629,8 k €	+20.5%	522,5 k €	-30.0%	746,3 k €	+0.7%	741,1 k €
EBITDA	673,5 k €	+337%	-284 k €	-87.3%	-151,6 k €	-131%	486,7 k €	-81.4%	2,6 M €	+350%	580,2 k €	+162%	221,8 k €	-33.2%	332 k €	+59.9%	207,7 k €	-18.0%	253,4 k €	+19.8%	211,5 k €	+41.2%	149,9 k €	+4.5%	143,4 k €	-42.8%	250,7 k €	+3.9%	241,3 k €	+1308%	17,1 k €	-95.3%	365,6 k €	+69.4%	215,8 k €	-56.0%	490,9 k €	-2.1%	501,7 k €
Operating result	508 k €	+283%	-278,3 k €	+31.8%	-407,9 k €	-200%	408,9 k €	-83.9%	2,5 M €	+395%	511,2 k €	+213%	163,5 k €	-40.9%	276,5 k €	+88.9%	146,4 k €	-24.9%	195 k €	+41.2%	138,1 k €	+147%	55,9 k €	-8.9%	61,4 k €	-64.9%	175,1 k €	-10.2%	194,9 k €	+1049%	-20,5 k €	-107%	298,1 k €	+116%	137,8 k €	-64.6%	389,7 k €	+3.8%	375,4 k €
Net result	878,5 k €	+336%	-372,7 k €	+14.5%	-436 k €	-227%	343,5 k €	-81.4%	1,8 M €	+477%	319,5 k €	+500%	53,2 k €	-53.6%	114,8 k €	+80.2%	63,7 k €	-50.6%	129,1 k €	+46.3%	88,2 k €	+208%	28,6 k €	-44.7%	51,7 k €	-58.1%	123,5 k €	-3.9%	128,5 k €	+108%	61,9 k €	-62.4%	164,8 k €	+171%	60,8 k €	-80.7%	314,7 k €	-0.4%	315,9 k €
Balance sheet
Equity	5 M €	+21.3%	4,1 M €	-8.3%	4,5 M €	-8.8%	4,9 M €	+7.5%	4,6 M €	+67.1%	2,7 M €	+13.2%	2,4 M €	+2.2%	2,4 M €	+5.1%	2,3 M €	+2.9%	2,2 M €	+6.2%	2,1 M €	+4.5%	2 M €	+1.5%	2 M €	+2.7%	1,9 M €	+7.0%	1,8 M €	+7.8%	1,6 M €	+3.9%	1,6 M €	+11.6%	1,4 M €	+4.5%	1,4 M €	+14.1%	1,2 M €
Total assets	8,6 M €	-14.6%	10,1 M €	+17.2%	8,6 M €	+13.8%	7,5 M €	+2.5%	7,4 M €	+7.2%	6,9 M €	+31.9%	5,2 M €	-3.7%	5,4 M €	+9.5%	4,9 M €	+13.1%	4,4 M €	+39.6%	3,1 M €	-20.5%	3,9 M €	+10.1%	3,6 M €	+17.3%	3 M €	+30.4%	2,3 M €	-12.4%	2,7 M €	-21.4%	3,4 M €	-24.6%	4,5 M €	+23.7%	3,6 M €	+48.1%	2,5 M €
Cash	288 k €	+93.6%	148,7 k €	+2.4%	145,3 k €	-80.5%	743,7 k €	-51.7%	1,5 M €	+2.9%	1,5 M €	+41.3%	1,1 M €	+31.8%	803 k €	-5.3%	848,4 k €	+171%	312,5 k €	+184%	110,1 k €	-91.5%	1,3 M €	+135%	548,2 k €	+138%	230,6 k €	-24.6%	305,8 k €	+65.3%	185 k €	+951%	17,6 k €	-67.2%	53,6 k €	-83.8%	330,3 k €	+1474%	21 k €
Debts	3,5 M €	-39.4%	5,8 M €	+45.2%	4 M €	+57.4%	2,5 M €	-6.2%	2,7 M €	-33.1%	4 M €	+49.0%	2,7 M €	-8.9%	3 M €	+12.7%	2,6 M €	+23.4%	2,1 M €	+105%	1 M €	-45.8%	1,9 M €	+20.5%	1,6 M €	+40.1%	1,1 M €	+110%	544,7 k €	-45.7%	1 M €	-43.6%	1,8 M €	-41.5%	3 M €	+35.9%	2,2 M €	+78.1%	1,3 M €
Other
Workforce	1,9 ETP	+217%	0,6 ETP		0,0 ETP	-100%	0,1 ETP	-90.9%	1,1 ETP	+10.0%	1,0 ETP	0.0%	1,0 ETP	-23.1%	1,3 ETP	-7.1%	1,4 ETP	-60.0%	3,5 ETP	-42.6%	6,1 ETP	-14.1%	7,1 ETP	+18.3%	6,0 ETP	-6.3%	6,4 ETP	+8.5%	5,9 ETP	+18.0%	5,0 ETP	-15.3%	5,9 ETP	-14.5%	6,9 ETP	+4.5%	6,6 ETP	+6.5%	6,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 21 ended

Active mandates

SaltRock

Managing director · since 24 octobre 2024 · until 09 juin 2029 · 0811.431.427

Represented by CHRISTIAENS BJORN

Active

Gabriel CHRISTIAENS

Director · since 27 avril 2021 · until 09 juin 2029

Active

Katrien CHRISTIAENS

Director · since 27 avril 2021 · until 09 juin 2029

Active

Ended mandates

GABY CHRISTIAENS

Managing director · since 27 mai 2021 · until 27 mai 2027

Ended

KATRIEN CHRISTIAENS

Managing director · since 27 mai 2021 · until 27 mai 2027

Ended

Bjorn CHRISTIAENS

Director · since 27 avril 2021 · until 24 octobre 2024

Ended

Bjorn CHRISTIAENS

Managing director · since 27 avril 2021 · until 27 avril 2027

Ended

At this address

Other companies at this address

Company	CBE no.
Christiaens Real Estate● Active	0892.247.570
Salt Estates● Active	0746.473.495
SaltRock● Active	0811.431.427
Vereniging Van Mede-Eigenaars Deelvereniging Heldentoren A Knokke-Heist (Heist) Elizabetlaan 414● Active	0762.621.126
Vereniging Van Mede-Eigenaars Deelvereniging Parking Heldentoren Knokke-Heist (Knokke) Elizabetlaan 414● Active	0762.560.055

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/07/2026	31/08/2025	23/08/2024	31/08/2023	20/10/2022	30/07/2021
General meeting	30/06/2026	31/07/2025	30/06/2024	15/06/2023	29/09/2022	15/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	13/07/2026	Dutch	PDF
Abridged model	31/12/2024	31/07/2025	31/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	23/08/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	29/09/2022	20/10/2022	Dutch	PDF
Abridged model	31/12/2020	15/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	26/08/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	11/07/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	24/07/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	15/06/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	24/04/2010	19/07/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	08/07/2009	Dutch	PDF
Abridged model	31/12/2007	16/06/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	26/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 21 ended

Active mandates

SaltRock

Managing director · since 24 octobre 2024 · until 09 juin 2029 · 0811.431.427

Represented by CHRISTIAENS BJORN

Active

Gabriel CHRISTIAENS

Director · since 27 avril 2021 · until 09 juin 2029

Active

Katrien CHRISTIAENS

Director · since 27 avril 2021 · until 09 juin 2029

Active

Ended mandates

GABY CHRISTIAENS

Managing director · since 27 mai 2021 · until 27 mai 2027

Ended

KATRIEN CHRISTIAENS

Managing director · since 27 mai 2021 · until 27 mai 2027

Ended

Bjorn CHRISTIAENS

Director · since 27 avril 2021 · until 24 octobre 2024

Ended

Bjorn CHRISTIAENS

Managing director · since 27 avril 2021 · until 27 avril 2027

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other31/05/2017
BENAMING
PDF
Mandates13/05/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/12/2013
MAATSCHAPPELIJKE ZETEL
PDF
Other17/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates11/05/2009
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025878,5 k €↑
2024
Annual accounts 2024-372,7 k €↑
2023
Annual accounts 2023-436 k €↓
2022
Annual accounts 2022343,5 k €↓
2021
Annual accounts 20211,8 M €↑
2020
Annual accounts 2020319,5 k €↑
2019
Annual accounts 201953,2 k €↓
2018
Annual accounts 2018114,8 k €↑
2017
Annual accounts 201763,7 k €↓
2016
Annual accounts 2016129,1 k €↑
2015
Annual accounts 201588,2 k €↑
2014
Annual accounts 201428,6 k €↓
2013
Annual accounts 201351,7 k €↓
2012
Annual accounts 2012123,5 k €↓
2011
Annual accounts 2011128,5 k €↑
2010
Annual accounts 201061,9 k €↓
2009
Annual accounts 2009164,8 k €↑
2008
Annual accounts 200860,8 k €↓
2007
Annual accounts 2007314,7 k €↓
2006
Annual accounts 2006315,9 k €
13/02/1991
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SALT

Overview

What does SALT do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline