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SALVETO

Active
Non-profit associationfounded 2016active for 10 yearsChristiaan Pallemansstraat 25, 2950 Kapellen, BelgiumKBO/BCE: BE 0647.598.427
Summary

The annual accounts of SALVETO for financial year 2025 show a net loss of 54% of the equity at the start of that year. The 2025 annual accounts show equity of €19,018 and a net result of -€22,042. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 17% of 697 sector peers (NACE 88, financial year 2025). The association has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
SALVETOActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Social work activities without accommodation
NACE 88101
1 site
Size
€261,799total assets 2025
Staff
2 FTE
Equity
€19,018
Deficit
-€22,042
Turnover not published (abbreviated or micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 31 days late1 of 3 deeds summarised
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLast filed accounts filed 31 days late; 3 of the last 3 lateLoss of €22,042 (financial year 2025)lowers riskLegal form: non-profit associationSector: Social work activities without accommodation (NACE 88)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 20% of its sector peers (NACE 88, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 32-8
equity 7.3% of total assets
Liquidity 61-10
short-term debt 21.8% · cash 14.6%
Profitability 8-78
return on assets -8.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (1,124 companies, NACE 88, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 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: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: 0.1%▲ +0.1 percentage points vs 08-2025highest value 10-2025: < 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 4.49, compared with 4.77 in 2024, above the usual 1.5; short-term debt: 21.8% and cash: 14.6% of total assets), but 92.7% of the assets are financed with debt and provisions.
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 88, micro): better than 16% on solvency, 42% on liquidity, 12% on profitability and 8% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Six signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
raises risk · Last filed accounts filed 31 days late; 3 of the last 3 late
NBB · filings
lowers risk · Sector: Social work activities without accommodation (NACE 88)
KBO
raises risk · Loss of €22,042 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 697 sector peers (2025).
NBB · sector comparison
Position among 697 sector peers
Solvency
better than 17%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
31 days late
2024
48 days late
2023
64 days late
2022
44 days late
2021
59 days late
2020
52 days late
2019
124 days late
← 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 60 days after the deadline; the sector median (NACE 88) for financial year 2024 is 24 days before the deadline, and 25% 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 17 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 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 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Reappointments: Yolande BUYENS, Pieter GOFFIN and…Legal form clause · Amendment…

Key points

  • Caution: From profit to loss in 2025after €38,880 in 2024 -€22,042 View
  • Caution: Among the weakest 11% on net resultsector median €9,007 · 700 companies -€22,042 View
  • Board3 directors in office 3 View

By topic

Financials

Financial year
2025
Total assets
€261,799
Loss
-€22,042
Solvency
7.3%
Total assets▼ 7.5%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
  • Bernadette GOFFINDirector
  • Pieter GOFFINDirector
  • Yolande BUYENSDirector
Go to Board & ownership

Timeline

Events
14
Since
2018
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 03-10-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Social work activities without accommodationNACE 88101
Founded
10-01-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
49
Purpose
“De activiteiten die de vereniging tot voorwerp heeft,teneinde dit belangeloos doel na te…” (deed in Dutch)
Go to Articles of association

Key facts about SALVETO

What is the company number of SALVETO?
0647.598.427. In Belgium the VAT number is the company number with BE in front: BE 0647.598.427.
Where is SALVETO based?
The registered office is at Christiaan Pallemansstraat 25, 2950 Kapellen.Company details
What does SALVETO do?
According to the KBO register, the main activity is social work activities without accommodation (NACE 88101).
What is the legal form of SALVETO?
Non-profit association (VZW).
When was SALVETO founded?
On 10-01-2016.
Is SALVETO still active?
Yes, SALVETO is an active enterprise in the KBO register.
How many employees does SALVETO have?
On average 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SALVETO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SALVETO profitable?
In financial year 2025, SALVETO made a loss of €22,042.
Where can I find the annual accounts of SALVETO?
SALVETO filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SALVETO due?
By 31-07-2027, for financial year 2026.Timeline

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