ACTIVE

SALFRA

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Financial year 2025 · closed on 31/12/2025

Net result

4,4 k €

-96.1% YoY

Gross margin

344,6 k €

-24.3% YoY

Equity

163,7 k €

-15.5% YoY

Workforce

4,9 ETP

+2.1% YoY

What does SALFRA do?

SALFRA is a Private limited company incorporated in 2004. Its main activity is: Growing of rice. Its registered office is in Brugge. It employs on average 4,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0865.160.717

Incorporation

06/05/2004

Legal form

Private limited company

Registered office

Legeweg 344
8200 Brugge · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

4,9 ETP

Activities (NACE)

01121Growing of rice· main 01130Growing of vegetables and melons, roots and tubers 01130Growing of vegetables and melons, roots and tubers 47210Retail sale of fruit and vegetables in specialised stores 47210Retail sale of fruit and vegetables in specialised stores

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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✦ 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	344,6 k €	-24.3%	455,5 k €	+45.5%	313,2 k €	-2.4%	321 k €	+10.5%	290,6 k €	-10.7%	325,2 k €	+3.0%	315,9 k €	+2.9%	306,9 k €	+14.5%	268 k €	-4.3%	279,9 k €	+31.4%	213,1 k €	-9.9%	236,4 k €	+0.6%	235 k €	+9.0%	215,5 k €	-18.4%	263,9 k €	-15.8%	313,5 k €	+11.1%	282,1 k €	+21.4%	232,4 k €	+14.6%	202,8 k €	+15.4%	175,7 k €
EBITDA	61,7 k €	-72.9%	227,8 k €	+99.9%	114 k €	-6.1%	121,4 k €	+70.6%	71,1 k €	-42.1%	122,9 k €	-2.5%	126,1 k €	+24.6%	101,3 k €	+25.2%	80,9 k €	-3.1%	83,5 k €	+23.7%	67,5 k €	-14.6%	79,1 k €	-20.7%	99,7 k €	+13.2%	88,1 k €	-22.7%	114 k €	-29.4%	161,5 k €	+20.6%	133,9 k €	+19.4%	112,1 k €	+16.5%	96,2 k €	+8.0%	89,1 k €
Operating result	10,6 k €	-93.8%	172 k €	+324%	40,5 k €	+34.7%	30,1 k €	+294%	-15,5 k €	-141%	38 k €	+21.2%	31,4 k €	+28.7%	24,4 k €	+110%	11,6 k €	-56.6%	26,8 k €	+176%	9,7 k €	+67.7%	5,8 k €	-41.3%	9,9 k €	+1316%	-810,6 €	-105%	17,2 k €	-71.7%	60,9 k €	+57.5%	38,7 k €	+41.8%	27,3 k €	+6.4%	25,6 k €	-13.2%	29,5 k €
Net result	4,4 k €	-96.1%	113,3 k €	+343%	25,6 k €	+24.6%	20,5 k €	+178%	-26,2 k €	-238%	19 k €	+13.6%	16,7 k €	+57.9%	10,6 k €	+111%	5 k €	-67.3%	15,3 k €	+153%	6,1 k €	+140%	-15,1 k €	-1162%	1,4 k €	+110%	-14,1 k €	-531%	3,3 k €	-91.6%	39,1 k €	+153%	15,5 k €	+289%	4 k €	-21.1%	5 k €	-65.0%	14,4 k €
Balance sheet
Equity	163,7 k €	-15.5%	193,9 k €	+103%	95,5 k €	+12.4%	85 k €	+31.9%	64,4 k €	-53.3%	138,1 k €	+15.9%	119,1 k €	+16.3%	102,4 k €	+11.5%	91,8 k €	+5.8%	86,8 k €	+21.4%	71,5 k €	+9.2%	65,5 k €	+98.0%	33,1 k €	-60.8%	84,4 k €	-14.3%	98,5 k €	+3.4%	95,2 k €	+25.1%	76,2 k €	+25.5%	60,7 k €	+7.0%	56,7 k €	+9.8%	51,7 k €
Total assets	517,6 k €	+10.2%	469,5 k €	+16.2%	404,1 k €	-17.9%	492,4 k €	-14.8%	578,2 k €	-13.7%	670,3 k €	-8.0%	728,4 k €	+14.3%	637,1 k €	+4.2%	611,4 k €	+13.9%	536,8 k €	+5.8%	507,4 k €	+32.9%	381,8 k €	-16.5%	457,1 k €	+2.4%	446,3 k €	-21.8%	570,9 k €	-15.3%	674,2 k €	+11.6%	603,9 k €	+2.5%	589,3 k €	+34.1%	439,6 k €	+4.4%	421 k €
Cash	119,9 k €	-47.7%	229,3 k €	+34.5%	170,5 k €	+29.2%	131,9 k €	-27.3%	181,4 k €	-40.1%	302,9 k €	+4.0%	291,4 k €	+21.4%	240 k €	+0.8%	238,2 k €	-2.0%	243 k €	+8.2%	224,5 k €	+52.8%	147 k €	-2.4%	150,5 k €	-10.0%	167,2 k €	-17.7%	203,2 k €	-3.5%	210,5 k €	+6.3%	197,9 k €	+17.7%	168,2 k €	+17.8%	142,8 k €	+526%	22,8 k €
Debts	352,6 k €	+28.7%	273,9 k €	-10.6%	306,5 k €	-24.4%	405,6 k €	-20.7%	511,4 k €	-3.4%	529,3 k €	-12.6%	605,8 k €	+14.0%	531,2 k €	+3.0%	516 k €	+15.8%	445,5 k €	+2.9%	432,9 k €	+38.1%	313,6 k €	-25.4%	420,4 k €	+18.3%	355,4 k €	-23.6%	465,2 k €	-18.5%	570,9 k €	+10.7%	515,8 k €	+0.2%	514,9 k €	+37.8%	373,7 k €	+3.3%	361,6 k €
Other
Workforce	4,9 ETP	+2.1%	4,8 ETP	-12.7%	5,5 ETP	0.0%	5,5 ETP	+5.8%	5,2 ETP	-20.0%	6,5 ETP	+80.6%	3,6 ETP	-40.0%	6,0 ETP	-1.6%	6,1 ETP	+64.9%	3,7 ETP	+15.6%	3,2 ETP	-42.9%	5,6 ETP	+33.3%	4,2 ETP	+2.4%	4,1 ETP	-26.8%	5,6 ETP	+40.0%	4,0 ETP	-23.1%	5,2 ETP	+33.3%	3,9 ETP	-17.0%	4,7 ETP	+124%	2,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 1 ended

Active mandates

Danny Salens

Manager

Active

Petra Franco

Administrator - manager

Active

Ended mandates

Petra Franco

Manager

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	01/01/2025	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	29/06/2026	23/06/2025	26/06/2024	29/06/2023	22/08/2022	20/08/2021
General meeting	12/05/2026	13/05/2025	14/05/2024	09/05/2023	10/05/2022	11/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/05/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	13/05/2025	23/06/2025	Dutch	PDF
Abridged model	31/12/2023	14/05/2024	26/06/2024	Dutch	PDF
Abridged model	31/12/2022	09/05/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	10/05/2022	22/08/2022	Dutch	PDF
Abridged model	31/12/2020	11/05/2021	20/08/2021	Dutch	PDF
Abridged model	31/12/2019	12/05/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	14/05/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	08/05/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	09/05/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	10/05/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	12/05/2015	17/06/2015	Dutch	PDF
Abridged model	31/12/2013	13/05/2014	20/06/2014	Dutch	PDF
Abridged model	31/12/2012	14/05/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	08/05/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	10/05/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	11/05/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	12/05/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	13/05/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	15/05/2007	26/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 2 active · 1 ended

Active mandates

Danny Salens

Manager

Active

Petra Franco

Administrator - manager

Active

Ended mandates

Petra Franco

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/11/2021
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other18/05/2004
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 20254,4 k €↓
2024
Annual accounts 2024113,3 k €↑
2023
Annual accounts 202325,6 k €↑
2022
Annual accounts 202220,5 k €↑
2021
Annual accounts 2021-26,2 k €↓
2020
Annual accounts 202019 k €↑
2019
Annual accounts 201916,7 k €↑
2018
Annual accounts 201810,6 k €↑
2017
Annual accounts 20175 k €↓
2016
Annual accounts 201615,3 k €↑
2015
Annual accounts 20156,1 k €↑
2014
Annual accounts 2014-15,1 k €↓
2013
Annual accounts 20131,4 k €↑
2012
Annual accounts 2012-14,1 k €↓
2011
Annual accounts 20113,3 k €↓
2010
Annual accounts 201039,1 k €↑
2009
Annual accounts 200915,5 k €↑
2008
Annual accounts 20084 k €↓
2007
Annual accounts 20075 k €↓
2006
Annual accounts 200614,4 k €
06/05/2004
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

SALFRA

Overview

What does SALFRA do?

Trend over 20 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