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SALVE MATER

Active
Public limited companyfounded 2008active for 17 yearsKeizershoek 350, 2550 Kontich, BelgiumKBO/BCE: BE 0807.852.523
Summary

SALVE MATER has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.8m and a net result of €368,013. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 77% of 5,708 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Development of non-residential building projects
NACE 68122
#7 company by equity in Kontich, Real estate sector1 site
Size
€11.6mtotal assets 2025
Equity
€8.8m
Profit
€368,013
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Largest shareholder
VIRIX · 50%
  • Ingrid HaenenManaging director
  • HlJane BVManaging director · permanent representative Ingrid Haenen
  • HNND BVDirector · permanent representative Dimitri Haenen
Auditor: BV VAN HAVERMAET BEDRIJFSREVISORENAccounts 25 days early3 of 10 deeds read
Why 92raises riskLiquidity: current ratio 4.06, cash €7,731lowers riskFounded in 2008Size: total assets €11.6mFigures for financial year 2025 (filed 06-07-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 68, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 100+12
equity 75.4% of total assets
Liquidity 41+7
short-term debt 24.6% · cash 0.1%
Profitability 45+14
return on assets 3.2%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,719 companies, NACE 68, medium-sized)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €800,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.06, compared with 2.74 in 2024; short-term debt: 24.6% and cash: 0.1% of total assets), and 24.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized): better than 92% on solvency, 33% on liquidity, 53% on profitability and 61% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 4.06, cash €7,731
NBB · annual accounts
lowers risk · Founded in 2008
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: total assets €11.6m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 06-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
31 days early
2023
19 days early
2022
61 days early
2021
31 days early
2020
53 days early
2019
63 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 40 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignations: HlJane BV (director) and HNND…Appointments: HNND BV (director) and…
  3. Back to profitnet €368,013

Key points

  • Positive: Back in profit in 2025after -€342,563 in 2024 €368,013 View
  • Positive: Among the best 15% on equitysector median €939,862 · 5,709 companies €8.8m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • New directorslatest change 05-05-2026 · 3 in office 2 joined View

By topic

Financials

Financial year
2025
Total assets
€11.6m
Profit
€368,013
Solvency
75.4%
Total assets▼ 12.1%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Largest shareholder
VIRIX · 50%
Auditor
BV VAN HAVERMAET BEDRIJFSREVISOREN
  • Ingrid HaenenManaging director
  • HlJane BVManaging director
  • HNND BVDirector
Go to Board & ownership

Timeline

Events
23
Since
2010
Next accounts
by 31-07-2027
  1. 29-12-2025Appointment: Van Havermaet Bedrijfsrevisoren BV (statutory auditor)
  2. 31-10-2025Resignation: Vic Haenen (director)
  3. 30-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of non-residential building projectsNACE 68122
Founded
06-11-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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