ACTIVE

SALUS

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Financial year 2025 · closed on 30/06/2025

Net result

21,2 k €

-23.8% YoY

Gross margin

358,3 k €

+7.5% YoY

Equity

1,4 M €

+1.5% YoY

Workforce

3,8 ETP

0.0% YoY

What does SALUS do?

SALUS is a Private limited company incorporated in 2000. Its main activity is: Manufacture of furniture. Its registered office is in Mechelen. It employs on average 3,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.824.034

Incorporation

03/05/2000

Legal form

Private limited company

Registered office

Maanstraat 1
2800 Mechelen · FlandreSee on map

Contributed capital

93 600,00 €

Latest accounts

30/06/2025

Average workforce

3,8 ETP

Activities (NACE)

31003Manufacture of furniture· main 31030Manufacture of mattresses 46494Wholesale of other household goods 46494Wholesale of other household goods 51471Air transport 47551Retail sale of other household equipment in specialised stores+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	358,3 k €	+7.5%	333,4 k €	+0.2%	332,8 k €	-29.3%	470,5 k €	-36.2%	737,8 k €	+65.4%	446 k €	+30.7%	341,2 k €	+42.0%	240,2 k €	+120%	109,1 k €	+6.2%	102,7 k €	-68.2%	322,8 k €	-4.8%	339,2 k €	-16.0%	403,7 k €	+17.5%	343,5 k €	-0.0%	343,6 k €	+9.8%	313,1 k €	+237%	92,8 k €	-0.9%	93,7 k €	+114%	43,8 k €
EBITDA	73,6 k €	-14.6%	86,2 k €	+25.7%	68,6 k €	-69.3%	223,3 k €	-54.1%	486,3 k €	+112%	229,3 k €	+55.2%	147,8 k €	+112%	69,8 k €	+215%	22,1 k €	+129%	-77,1 k €	-186%	90,1 k €	-64.7%	255,4 k €	-20.1%	319,6 k €	+7.3%	297,8 k €	-10.4%	332,4 k €	+11.6%	297,8 k €	+229%	90,5 k €	+2.2%	88,6 k €	+126%	39,2 k €
Operating result	44,3 k €	-22.6%	57,3 k €	+47.3%	38,9 k €	-80.0%	194,8 k €	-57.5%	458,2 k €	+133%	196,4 k €	+73.6%	113,2 k €	+259%	31,5 k €	+297%	-16 k €	+86.5%	-118,7 k €	-369%	44,2 k €	-78.6%	206,8 k €	-22.1%	265,4 k €	+8.9%	243,6 k €	-13.7%	282,4 k €	+9.3%	258,2 k €	+406%	51 k €	+57.2%	32,4 k €	+42.3%	22,8 k €
Net result	21,2 k €	-23.8%	27,9 k €	+107%	13,5 k €	-89.7%	130,5 k €	-58.7%	316,2 k €	+131%	136,9 k €	+57.2%	87,1 k €	+1526%	5,4 k €	+118%	-30,3 k €	+76.9%	-131,2 k €	-1006%	14,5 k €	-89.3%	135,7 k €	-16.4%	162,3 k €	+9.1%	148,8 k €	-14.8%	174,7 k €	+12.8%	154,8 k €	+496%	26 k €	+45.6%	17,9 k €	-19.8%	22,3 k €
Balance sheet
Equity	1,4 M €	+1.5%	1,4 M €	+2.0%	1,4 M €	+1.0%	1,4 M €	+10.6%	1,2 M €	+34.6%	912,7 k €	+17.6%	775,8 k €	+12.6%	688,7 k €	+0.8%	683,4 k €	-4.2%	713,7 k €	-15.5%	844,8 k €	+1.7%	830,3 k €	+19.5%	694,7 k €	+28.2%	541,9 k €	+35.5%	400 k €	+71.9%	232,7 k €	+137%	98,2 k €	+36.0%	72,2 k €	+450%	-20,6 k €
Total assets	2 M €	-1.0%	2,1 M €	-0.1%	2,1 M €	-1.5%	2,1 M €	-8.8%	2,3 M €	+12.4%	2 M €	+20.4%	1,7 M €	+0.2%	1,7 M €	+2.8%	1,6 M €	-6.6%	1,8 M €	-10.7%	2 M €	+15.0%	1,7 M €	-5.2%	1,8 M €	+10.3%	1,6 M €	+2.8%	1,6 M €	+9.4%	1,5 M €	+38.3%	1,1 M €	-16.8%	1,3 M €	+475%	220,3 k €
Cash	1,4 M €	+1.5%	1,3 M €	+4.8%	1,3 M €	-2.0%	1,3 M €	-7.1%	1,4 M €	+59.9%	882,4 k €	+85.2%	476,5 k €	+6.6%	447,1 k €	+10.9%	403 k €	-33.6%	606,5 k €	-14.1%	705,8 k €	+207%	230,2 k €	-40.2%	385,1 k €	+44.5%	266,5 k €	-5.2%	281,2 k €	-33.1%	420,2 k €	+46.6%	286,6 k €	+107%	138,7 k €	+885%	14,1 k €
Debts	613,9 k €	-6.3%	655,3 k €	-3.8%	681,2 k €	-5.1%	717,5 k €	-32.3%	1,1 M €	-5.0%	1,1 M €	+22.5%	910,7 k €	-8.8%	998,6 k €	+4.5%	955,9 k €	-8.3%	1 M €	-7.0%	1,1 M €	+28.4%	872,8 k €	-21.1%	1,1 M €	+1.5%	1,1 M €	-8.6%	1,2 M €	-2.2%	1,2 M €	+27.7%	954,9 k €	-20.0%	1,2 M €	+395%	240,9 k €
Other
Workforce	3,8 ETP	0.0%	3,8 ETP	-5.0%	4,0 ETP	-9.1%	4,4 ETP	-6.4%	4,7 ETP	+6.8%	4,4 ETP	+18.9%	3,7 ETP	+60.9%	2,3 ETP	+130%	1,0 ETP	-37.5%	1,6 ETP	-20.0%	2,0 ETP	0.0%	2,0 ETP	+81.8%	1,1 ETP	0.0%	1,1 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 · 2 ended

Active mandates

Candida CAGNOLI

Director

Active

Dirk HOEBEN

Director

Active

Ended mandates

Candida CAGNOLI

Manager

Ended

Dirk HOEBEN

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
MODA ITALIA● Active	0456.227.721

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	28/02/2026	26/02/2025	29/02/2024	31/01/2023	05/01/2022	28/12/2020
General meeting	12/12/2025	13/12/2024	28/02/2024	31/01/2023	10/12/2021	11/12/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	12/12/2025	28/02/2026	Dutch	PDF
Abridged model	30/06/2024	13/12/2024	26/02/2025	Dutch	PDF
Abridged model	30/06/2023	28/02/2024	29/02/2024	Dutch	PDF
Abridged model	30/06/2022	31/01/2023	31/01/2023	Dutch	PDF
Abridged model	30/06/2021	10/12/2021	05/01/2022	Dutch	PDF
Abridged model	30/06/2020	11/12/2020	28/12/2020	Dutch	PDF
Abridged model	30/06/2019	18/12/2019	14/01/2020	Dutch	PDF
Abridged model	30/06/2018	28/01/2019	04/02/2019	Dutch	PDF
Abridged model	30/06/2017	08/12/2017	27/12/2017	Dutch	PDF
Abridged model	30/06/2016	09/12/2016	26/01/2017	Dutch	PDF
Abridged model	30/06/2015	11/12/2015	01/02/2016	Dutch	PDF
Abridged model	30/06/2014	12/12/2014	29/12/2014	Dutch	PDF
Abridged model	30/06/2013	13/12/2013	03/01/2014	Dutch	PDF
Abridged model	30/06/2012	14/12/2012	27/12/2012	Dutch	PDF
Abridged model	30/06/2011	09/12/2011	29/12/2011	Dutch	PDF
Abridged model	30/06/2010	31/01/2011	04/02/2011	Dutch	PDF
Abridged model	30/06/2009	11/12/2009	14/12/2009	Dutch	PDF
Abridged model	30/06/2008	12/12/2008	23/04/2009	Dutch	PDF
Abridged model	30/06/2007	11/12/2007	13/02/2008	Dutch	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 · 2 ended

Active mandates

Candida CAGNOLI

Director

Active

Dirk HOEBEN

Director

Active

Ended mandates

Candida CAGNOLI

Manager

Ended

Dirk HOEBEN

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/06/2021
DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other28/06/2010
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office06/06/2008
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
PDF
Mandates20/11/2003
ONTSLAGEN - BENOEMINGEN - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
PDF
Registered office23/10/2002
MAATSCHAPPELIJKE ZETEL
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 202521,2 k €↓
2024
Annual accounts 202427,9 k €↑
2023
Annual accounts 202313,5 k €↓
2022
Annual accounts 2022130,5 k €↓
2021
Annual accounts 2021316,2 k €↑
2020
Annual accounts 2020136,9 k €↑
2019
Annual accounts 201987,1 k €↑
2018
Annual accounts 20185,4 k €↑
2017
Annual accounts 2017-30,3 k €↑
2016
Annual accounts 2016-131,2 k €↓
2015
Annual accounts 201514,5 k €↓
2014
Annual accounts 2014135,7 k €↓
2013
Annual accounts 2013162,3 k €↑
2012
Annual accounts 2012148,8 k €↓
2011
Annual accounts 2011174,7 k €↑
2010
Annual accounts 2010154,8 k €↑
2009
Annual accounts 200926 k €↑
2008
Annual accounts 200817,9 k €↓
2007
Annual accounts 200722,3 k €
03/05/2000
IncorporationPrivate 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

SALUS

Overview

What does SALUS do?

Trend over 19 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