ACTIVE

SALUT! CA VA ?

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Financial year 2025 · closed on 30/06/2025

Net result

-123,1 k €

-125.4% YoY

Gross margin

602 k €

-51.5% YoY

Equity

2,8 M €

-4.2% YoY

Workforce

8,6 ETP

+10.3% YoY

What does SALUT! CA VA ? do?

SALUT! CA VA ? is a Public limited company incorporated in 1992. Its registered office is in Genappe. It employs on average 8,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.561.850

Incorporation

28/10/1992

Legal form

Public limited company

Registered office

chemin du champ Mahau 4
1470 Genappe · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

30/06/2025

Average workforce

8,6 ETP

Signals

Solid equityLow riskGood liquidityHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2007
Income statement
Gross margin	602 k €	-51.5%	1,2 M €	-36.2%	1,9 M €	+45.8%	1,3 M €	+11.9%	1,2 M €	+96.6%	607 k €	+7.9%	562,5 k €	+18.8%	473,5 k €	+103%	232,9 k €	-48.7%	453,9 k €	+23.7%	366,9 k €	+149%	147,5 k €	-62.6%	394,9 k €	-16.7%	474,3 k €	+140%	197,5 k €	+80.5%	109,4 k €	+272%	-63,6 k €
EBITDA	-60,6 k €	-108%	769,9 k €	-44.9%	1,4 M €	+56.3%	894,8 k €	+7.9%	829,7 k €	+349%	184,9 k €	+45.6%	127 k €	+3429%	3,6 k €	+104%	-100,7 k €	-275%	57,7 k €	+389%	11,8 k €	+110%	-124,1 k €	-264%	75,8 k €	-35.1%	116,9 k €	+2158%	5,2 k €	+111%	-46,3 k €	+73.1%	-172 k €
Operating result	-116,4 k €	-116%	727 k €	-46.7%	1,4 M €	+57.9%	864,4 k €	+10.0%	786,1 k €	+512%	128,4 k €	+74.4%	73,6 k €	+205%	-69,9 k €	+54.7%	-154,5 k €	-769%	23,1 k €	+154%	-42,8 k €	+77.9%	-193,9 k €	-783%	28,4 k €	-61.4%	73,6 k €	+325%	-32,7 k €	+57.7%	-77,3 k €	+58.6%	-186,8 k €
Net result	-123,1 k €	-125%	485,1 k €	-47.2%	919,3 k €	+60.2%	573,7 k €	+10.9%	517,4 k €	+395%	104,5 k €	+21.6%	86 k €	+163%	-136,6 k €	-0.2%	-136,3 k €	-4352%	-3,1 k €	+96.6%	-90,5 k €	+53.3%	-193,9 k €	-783%	28,4 k €	-61.4%	73,6 k €	+325%	-32,7 k €	+57.7%	-77,3 k €	+58.6%	-186,8 k €
Balance sheet
Equity	2,8 M €	-4.2%	3 M €	+19.6%	2,5 M €	+59.0%	1,6 M €	+58.3%	984,2 k €	+337%	225,2 k €	+86.6%	120,7 k €	+247%	34,8 k €	-79.7%	171,4 k €	-44.3%	307,7 k €	-1.0%	310,8 k €	-22.6%	401,3 k €	-32.6%	595,2 k €	+5.0%	566,8 k €	+22.6%	462,3 k €	-6.6%	495 k €	-50.4%	998,5 k €
Total assets	4,2 M €	-6.2%	4,5 M €	-2.3%	4,6 M €	+25.5%	3,6 M €	+17.8%	3,1 M €	+67.4%	1,8 M €	+30.7%	1,4 M €	+30.0%	1,1 M €	+1.4%	1,1 M €	+22.0%	877,8 k €	-3.8%	912 k €	+0.8%	904,7 k €	-35.4%	1,4 M €	+11.0%	1,3 M €	-0.7%	1,3 M €	+57.9%	805,2 k €	-28.6%	1,1 M €
Cash	307,1 k €	-52.0%	640,2 k €	+257%	179,1 k €	+95.7%	91,5 k €	-59.8%	228 k €	+334%	52,5 k €	-43.5%	92,9 k €	+6.9%	86,8 k €	+49.5%	58,1 k €	-58.8%	140,9 k €	+313%	34,1 k €	-74.2%	132,2 k €	-81.4%	709 k €	+255%	199,5 k €	-4.7%	209,3 k €	+396%	42,2 k €	-46.1%	78,3 k €
Debts	1,3 M €	-10.2%	1,5 M €	-28.3%	2,1 M €	+0.4%	2,1 M €	-0.9%	2,1 M €	+31.3%	1,6 M €	+25.1%	1,3 M €	+21.5%	1,1 M €	+16.9%	899,4 k €	+65.0%	545,1 k €	-5.4%	576,2 k €	+20.5%	478,4 k €	-38.7%	780,7 k €	+16.5%	670,1 k €	-14.5%	784 k €	+175%	285,2 k €	+213%	91,1 k €
Other
Workforce	8,6 ETP	+10.3%	7,8 ETP	+8.3%	7,2 ETP	+14.3%	6,3 ETP	+21.2%	5,2 ETP	-17.5%	6,3 ETP	-6.0%	6,7 ETP	+6.3%	6,3 ETP	+3.3%	6,1 ETP	-1.6%	6,2 ETP	0.0%	6,2 ETP	+210%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 5 ended

Active mandates

David Gillet

Director · since 15 février 2017 · until 02 décembre 2028

Active

Philippe Geluck

Managing director · since 13 octobre 2010 · until 02 décembre 2028

Active

Ended mandates

David Gillet

Director · since 15 février 2017 · until 03 décembre 2022

Ended

Danielle Mazure

Director · since 13 octobre 2010 · until 15 février 2017

Ended

Philippe Geluck

Managing director · since 13 octobre 2010 · until 03 décembre 2022

Ended

Philippe GELICK

Mandate

Ended

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/01/2026	27/01/2025	30/01/2024	26/01/2023	27/01/2022	29/01/2021
General meeting	06/12/2025	07/12/2024	02/12/2023	03/12/2022	04/12/2021	05/12/2020
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

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	06/12/2025	26/01/2026	French	PDF
Abridged model	30/06/2024	07/12/2024	27/01/2025	French	PDF
Abridged model	30/06/2023	02/12/2023	30/01/2024	French	PDF
Abridged model	30/06/2022	03/12/2022	26/01/2023	French	PDF
Abridged model	30/06/2021	04/12/2021	27/01/2022	French	PDF
Abridged model	30/06/2020	05/12/2020	29/01/2021	French	PDF
Abridged model	30/06/2019	07/12/2019	18/12/2019	French	PDF
Abridged model	30/06/2018	01/12/2018	14/01/2019	French	PDF
Abridged model	30/06/2017	02/12/2017	12/01/2018	French	PDF
Abridged model	30/06/2016	15/02/2017	24/02/2017	French	PDF
Abridged model	30/06/2015	15/02/2017	24/02/2017	French	PDF
Abridged model	30/06/2014	15/02/2017	24/02/2017	French	PDF
Abridged model	30/06/2013	10/05/2014	03/11/2014	French	PDF
Abridged model	30/06/2012	10/05/2013	03/11/2014	French	PDF
Abridged model	30/06/2011	10/05/2012	03/11/2014	French	PDF
Abridged model	30/06/2010	30/12/2010	18/01/2012	French	PDF
Abridged model	30/06/2009	26/01/2010	05/06/2010	French	PDF
Abridged model	30/06/2007	26/01/2008	29/01/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 30/06/2025 · 2 active · 5 ended

Active mandates

David Gillet

Director · since 15 février 2017 · until 02 décembre 2028

Active

Philippe Geluck

Managing director · since 13 octobre 2010 · until 02 décembre 2028

Active

Ended mandates

David Gillet

Director · since 15 février 2017 · until 03 décembre 2022

Ended

Danielle Mazure

Director · since 13 octobre 2010 · until 15 février 2017

Ended

Philippe Geluck

Managing director · since 13 octobre 2010 · until 03 décembre 2022

Ended

Philippe GELICK

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other11/04/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET
PDF
Mandates07/04/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates20/03/2017
DEMISSIONS, NOMINATIONS
PDF
Capital / shares26/10/2010
OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 2025-123,1 k €↓
2024
Annual accounts 2024485,1 k €↓
2023
Annual accounts 2023919,3 k €↑
2022
Annual accounts 2022573,7 k €↑
2021
Annual accounts 2021517,4 k €↑
2019
Annual accounts 2019104,5 k €↑
2018
Annual accounts 201886 k €↑
2017
Annual accounts 2017-136,6 k €↓
2016
Annual accounts 2016-136,3 k €↓
2015
Annual accounts 2015-3,1 k €↑
2014
Annual accounts 2014-90,5 k €↑
2013
Annual accounts 2013-193,9 k €↓
2012
Annual accounts 201228,4 k €↓
2011
Annual accounts 201173,6 k €↑
2010
Annual accounts 2010-32,7 k €↑
2009
Annual accounts 2009-77,3 k €↑
2007
Annual accounts 2007-186,8 k €
28/10/1992
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

SALUT! CA VA ?

Overview

What does SALUT! CA VA ? do?

Trend over 17 financial years

Indicative valuation

Board of directors

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