ACTIVE

SALAR

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

420,7 k €

-55.7% YoY

Gross margin

2,7 M €

-13.2% YoY

Equity

4,1 M €

+11.3% YoY

Workforce

28,6 ETP

-0.7% YoY

What does SALAR do?

SALAR is a Non-profit organization incorporated in 1999. Its registered office is in Kasterlee. It employs on average 28,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.854.664

Incorporation

28/04/1999

Legal form

Non-profit organization

Registered office

Turnhoutsebaan 190
2460 Kasterlee · FlandreSee on map

Latest accounts

31/12/2024

Average workforce

28,6 ETP

Joint committees (3)

Signals

ProfitablePositive 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 17 financial years

	2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	2,7 M €	-13.2%	3,2 M €	+2.2%	3,1 M €	-2.5%	3,2 M €	+4.5%	3 M €	+14.5%	2,6 M €	+11.4%	2,4 M €	+6.5%	2,2 M €	+13.7%	2 M €	+2.5%	1,9 M €	+10.7%	1,7 M €	+7.2%	1,6 M €	+21.7%	1,3 M €	+0.9%	1,3 M €	+12.5%	1,2 M €	+19.4%	978,5 k €	+7.4%	911,2 k €
EBITDA	805,1 k €	-32.6%	1,2 M €	-12.5%	1,4 M €	+97.6%	691,1 k €	-14.9%	812,1 k €	+12.1%	724,7 k €	+32.5%	546,9 k €	+0.5%	544,1 k €	+30.1%	418,3 k €	-14.9%	491,3 k €	+22.1%	402,5 k €	+28.2%	313,9 k €	+31.3%	239 k €	+0.5%	237,7 k €	+4.1%	228,3 k €	+159%	88,2 k €	-60.3%	222,3 k €
Operating result	272,9 k €	-58.5%	656,9 k €	-18.4%	805,2 k €	+268%	218,8 k €	+29.0%	169,7 k €	-1.0%	171,4 k €	-27.4%	236 k €	-5.3%	249,3 k €	+95.6%	127,4 k €	-33.7%	192,1 k €	+100%	95,9 k €	+6.3%	90,2 k €	+790%	-13,1 k €	-152%	25,2 k €	+150%	-50,2 k €	+63.2%	-136,6 k €	-35.1%	-101,2 k €
Net result	420,7 k €	-55.7%	950,2 k €	+691%	120,2 k €	-50.3%	241,6 k €	-10.3%	269,5 k €	+29.5%	208,1 k €	-26.0%	281,3 k €	+2.7%	273,7 k €	+49.4%	183,2 k €	-32.1%	270 k €	+44.0%	187,5 k €	-4.2%	195,7 k €	+5675%	3,4 k €	-95.5%	75,8 k €	+2868%	2,6 k €	-97.0%	85,3 k €	-11.2%	96,1 k €
Balance sheet
Equity	4,1 M €	+11.3%	3,7 M €	+34.4%	2,8 M €	+7.2%	2,6 M €	+10.3%	2,3 M €	+13.1%	2,1 M €	+11.2%	1,9 M €	+17.8%	1,6 M €	+21.0%	1,3 M €	+16.4%	1,1 M €	+31.8%	848,9 k €	+28.3%	661,5 k €	+42.0%	465,7 k €	+0.7%	462,3 k €	+19.6%	386,5 k €	+0.7%	384 k €	+28.6%	298,6 k €
Total assets	19,5 M €	-4.6%	20,4 M €	+9.6%	18,6 M €	+37.7%	13,5 M €	-27.9%	18,8 M €	+37.0%	13,7 M €	+13.7%	12,1 M €	+25.8%	9,6 M €	-23.8%	12,6 M €	+3.5%	12,1 M €	+29.4%	9,4 M €	+17.0%	8 M €	+4.8%	7,7 M €	-22.2%	9,8 M €	+11.6%	8,8 M €	+18.1%	7,5 M €	-2.7%	7,7 M €
Cash	8,8 M €	-11.4%	9,9 M €	-3.6%	10,3 M €	+128%	4,5 M €	-47.5%	8,6 M €	+99.9%	4,3 M €	-2.6%	4,4 M €	+39.4%	3,2 M €	-58.6%	7,6 M €	+5.2%	7,3 M €	+37.6%	5,3 M €	+16.1%	4,5 M €	+32.4%	3,4 M €	-48.1%	6,6 M €	+19.4%	5,5 M €	-6.7%	5,9 M €	+27.7%	4,6 M €
Debts	15,3 M €	-8.2%	16,7 M €	+5.3%	15,9 M €	+48.0%	10,7 M €	-33.9%	16,2 M €	+41.5%	11,5 M €	+15.1%	10 M €	+28.9%	7,7 M €	-29.8%	11 M €	+2.6%	10,7 M €	+43.0%	7,5 M €	+8.0%	6,9 M €	+2.9%	6,7 M €	-24.1%	8,9 M €	+15.4%	7,7 M €	+13.9%	6,8 M €	-4.9%	7,1 M €
Other
Workforce	28,6 ETP	-0.7%	28,8 ETP	+6.7%	27,0 ETP	-40.5%	45,4 ETP	+12.7%	40,3 ETP	+3.3%	39,0 ETP	+4.8%	37,2 ETP	+9.7%	33,9 ETP	+5.6%	32,1 ETP	+10.7%	29,0 ETP	+17.9%	24,6 ETP	+5.6%	23,3 ETP	+7.4%	21,7 ETP	+0.9%	21,5 ETP	+16.2%	18,5 ETP	+5.7%	17,5 ETP	+14.4%	15,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 5 active · 13 ended

Active mandates

Chris Verleye

Mandate

Active

Hannah Verleye

Mandate

Active

Neutraal Syndicaat voor Zelfstandigen

Mandate · 0410.357.609

Represented by Hendrik Vervecken

Active

Pierre Thienpont

Mandate

Active

Salar Group

Mandate · 0433.280.588

Represented by Lennart Verleye

Active

Ended mandates

Chris Verleye

Managing director · since 22 septembre 2017 · until 21 septembre 2023

Ended

Luc Verleye

Managing director · since 22 septembre 2017 · until 21 septembre 2023

Ended

Neutraal Syndicaat voor Zelfstandigen

Mandate · since 22 septembre 2017 · until 21 septembre 2023 · 0410.357.609

Represented by Nico Vervecken

Ended

Neutraal Syndicaat voor Zelfstandigen

Director · since 22 septembre 2017 · until 21 septembre 2023 · 0410.357.609

Represented by Nico Vervecken

Ended

At this address

Other companies at this address

Company	CBE no.
Salar Group● Active	0433.280.588
Salar Invest● Active	0770.554.736
SALAR SERVICES● Active	0757.818.636

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/11/2025	26/09/2024	09/10/2023	01/12/2022	07/12/2021	03/12/2020
General meeting	25/09/2025	18/09/2024	05/10/2023	04/11/2022	30/11/2021	30/11/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	25/09/2025	06/11/2025	Dutch	PDF
Abridged model	31/12/2023	18/09/2024	26/09/2024	Dutch	PDF
Abridged model	31/12/2022	05/10/2023	09/10/2023	Dutch	PDF
Abridged model	31/12/2021	04/11/2022	01/12/2022	Dutch	PDF
Abridged model	31/12/2020	30/11/2021	07/12/2021	Dutch	PDF
Abridged model	31/12/2019	30/11/2020	03/12/2020	Dutch	PDF
Abridged model	31/12/2018	02/12/2019	16/12/2019	Dutch	PDF
Abridged model	31/12/2017	21/09/2018	28/09/2018	Dutch	PDF
Abridged model	31/12/2016	22/09/2017	06/11/2017	Dutch	PDF
Abridged model	31/12/2015	23/09/2016	10/10/2016	Dutch	PDF
Abridged model	31/12/2014	28/08/2015	04/11/2015	Dutch	PDF
Abridged model	31/12/2013	29/08/2014	23/10/2014	Dutch	PDF
Abridged model	31/12/2012	30/09/2013	28/10/2013	Dutch	PDF
Abridged model	31/12/2011	31/08/2012	25/10/2012	Dutch	PDF
Abridged model	31/12/2010	31/08/2011	23/11/2011	Dutch	PDF
Abridged model	31/12/2009	31/08/2010	23/09/2010	Dutch	PDF
Abridged model	31/12/2008	31/08/2009	28/09/2009	Dutch	PDF
Abridged model	31/12/2007	31/07/2008	06/08/2008	Dutch	PDF
Abridged model	31/12/2006	31/08/2007	04/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2024 · 5 active · 13 ended

Active mandates

Chris Verleye

Mandate

Active

Hannah Verleye

Mandate

Active

Neutraal Syndicaat voor Zelfstandigen

Mandate · 0410.357.609

Represented by Hendrik Vervecken

Active

Pierre Thienpont

Mandate

Active

Salar Group

Mandate · 0433.280.588

Represented by Lennart Verleye

Active

Ended mandates

Chris Verleye

Managing director · since 22 septembre 2017 · until 21 septembre 2023

Ended

Luc Verleye

Managing director · since 22 septembre 2017 · until 21 septembre 2023

Ended

Neutraal Syndicaat voor Zelfstandigen

Mandate · since 22 septembre 2017 · until 21 septembre 2023 · 0410.357.609

Represented by Nico Vervecken

Ended

Neutraal Syndicaat voor Zelfstandigen

Director · since 22 septembre 2017 · until 21 septembre 2023 · 0410.357.609

Represented by Nico Vervecken

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/11/2011
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/02/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/11/2006
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

2024
Annual accounts 2024420,7 k €↓
2023
Annual accounts 2023950,2 k €↑
2022
Annual accounts 2022120,2 k €↓
2020
Annual accounts 2020241,6 k €↓
2019
Annual accounts 2019269,5 k €↑
2018
Annual accounts 2018208,1 k €↓
2017
Annual accounts 2017281,3 k €↑
2016
Annual accounts 2016273,7 k €↑
2015
Annual accounts 2015183,2 k €↓
2014
Annual accounts 2014270 k €↑
2013
Annual accounts 2013187,5 k €↓
2012
Annual accounts 2012195,7 k €↑
2011
Annual accounts 20113,4 k €↓
2010
Annual accounts 201075,8 k €↑
2009
Annual accounts 20092,6 k €↓
2008
Annual accounts 200885,3 k €↓
2007
Annual accounts 200796,1 k €
28/04/1999
IncorporationNon-profit organization

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

SALAR

Overview

What does SALAR do?

Trend over 17 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