NEW SAVARIN
ActiveThe computed 12-month bankruptcy probability of NEW SAVARIN is 3.1% (moderate). For NEW SAVARIN, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €9k and a net result of €550. Equity is growing by ~36.8% per year across the filed fiscal years. Its solvency ranks better than 37% of 1766 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability68▼-2
Solvency36▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
10.8%
Return on assets
0.6%
Age of the figures
36 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
30-09-2024 close30-04-2025 deadline23-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 28-01-2025, 273 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
273 d late
2022
117 d late
2021
9 d early
2020
2 d early
2019
152 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, full schema
Turnover
€99k
EBIT margin
10.0%
Net result
€550▲ 20.6%
2022 · €456
2019: €-20k
2020: €681
2021: €9k
2022: €456
2019 → 2023
Working capital
€-20k▲ 20.9%
2022 · €-25k
2019: €-56k
2020: €-49k
2021: €-30k
2022: €-25k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€99k
Equity€-2k-€-889▲ 43.4%€8k€9k▲ 5.5%€9k▲ 6.3%
Operating result€-18k-€8k€10k▲ 22.4%€1k▼ 85.4%€2k▲ 40.5%
Net result€-20k-€681€9k▲ 1,251%€456▼ 95.0%€550▲ 20.6%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 41% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €86k
Fixed assets
€29k▼ 13.9%
Current assets
€57k▲ 47.2%
Equity and liabilities €86k
Equity
€9k▲ 6.3%
Debt
€77k▲ 20.2%
The debt ratio rises from 88.0% to 89.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7k▼
2022 · €9k
Cash flow
€5k▼
2022 · €8k
Solvency
10.8%▼
2022 · 12.0%
Current ratio
0.74▲
2022 · 0.60
Quick ratio
0.73▲
2022 · 0.60
Debt / equity
8.26▲
2022 · 7.31
ROE
5.9%▲
2022 · 5.2%
ROA
0.6%▲
2022 · 0.6%
Interest coverage
5.79▼
2022 · 8.71
Debt
€77k▲
2022 · €64k
Debt ≤ 1 year
€77k▲
2022 · €64k
Income taxes
€305
Staff costs
€1k▼
2022 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€73k€86k▲
Fixed assets21/28€34k€29k▼
Tangible fixed assets22/27€27k€23k▼
Other tangible fixed assets26€27k€23k▼
Financial fixed assets28€7k€7k=
Current assets29/58€39k€57k▲
Stocks and contracts in progress3€365€365=
Stocks30/36€365€365=
Amounts receivable within one year40/41€22k€47k▲
Trade receivables40€5k€18k▲
Other amounts receivable41€17k€29k▲
Current investments50/53€16k-
Cash at bank and in hand54/58-€9k
Equity and liabilities
Total equity and liabilities10/49€73k€86k▲
Equity10/15€9k€9k▲
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Profit (loss) carried forward14€-10k€-9k▲
Amounts payable17/49€64k€77k▲
Amounts payable within one year42/48€64k€77k▲
Financial debts43€9€9=
Credit institutions430/8€9€9=
Trade debts44€924€4k▲
Suppliers440/4€924€4k▲
Taxes, remuneration and social security45€19k€29k▲
Taxes450/3€19k€29k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€44k€44k=
Income statement
Code20222023
Remuneration, social security and pensions62€17k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€5k▼
Other operating charges640/8€774€2k▲
Gross operating margin9900€26k€10k▼
Operating profit (loss)9901€1k€2k▲
Financial charges65/66B€987€1k▲
Recurring financial charges65€987€1k▲
Profit (loss) for the period before taxes9903€456€855▲
Income taxes67/77-€305
Profit (loss) for the period9904€456€550▲
Profit (loss) for the period to be appropriated9905€456€550▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-9k▲
Profit (loss) brought forward from the previous period14P€-10k€-10k▲
Shareholders' contribution to the loss794€0-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 273 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 117 days late
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2019net €9k ▲1251%
Operating result €10k, net result €9k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €681
Net result €681 after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 152 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gemeenteplein 141730 AsseGround area
664 m²
Building footprint
664 m²
Volume, LiDAR
7,350 m³
Parcel 23322L0376/00G000, Flanders · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
NEW SAVARIN
since 20192.295.582.796
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322L0376/00G000 | Flanders | 664 m² | 1 · 664 m² | 16.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteAsse2.295.582.796
Similar companies · same sector, comparable size
TANKA BELGIUM
BE 0743.665.148
Anderlues · Eq €9k
A&E MAT
BE 0847.082.390
Bree · Eq €9k
Le Magret
BE 0669.941.386
Lochristi · Eq €9k
DABA
BE 0466.608.404
Brugge · Eq €9k
ALLM INVEST
BE 0827.956.564
Jurbise · Eq €9k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 6,813 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-04-2018
Fiscal year end30-09
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:+32497711655