Saravanos Process++
ActiveSummary
Saravanos Process++ has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €165,174. Equity has been growing by about 30% per year since 2019. Its solvency ranks better than 45% of 10,818 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-09-2018 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 3 others
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.279.168.418 1050 Elsene, since 11-09-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 16-07-2026
Board and ownership
Last known board
- Ioannis SaravanosDirector · until 2024
- Panagiotis SaravanosDirector · until 2024
- Spyridon LazanasDirector · until 2024
Shareholders
- SARAVANOS GROUP OF COMPANIES100%2025 annual accounts of SARAVANOS GROUP OF COMPANIES
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €523,003
- ▼ 11.3%
- Turnover
- ≈ €790,000
- estimated
- Profit
- €165,174
- ▼ 25.7%
- Equity
- €1.1m
- ▲ 16.9%
- Total assets
- €2.5m
- ▼ 32.1%
- Employees on 31-12-2025
- 2
- =
- 2025 accounts filed 59 days after the deadline
Score breakdownraises riskLast filed accounts filed 59 days late; 3 of the last 3 accounts latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 1.66, cash €1.3mFigures for financial year 2025 (filed on 29-09-2026)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Strong
Solvency
71+19
equity 46.4% of total assets
Liquidity
86-5
short-term debt 32.8% · cash 53.7%
Profitability
77+1
return on assets 6.7%
Bankruptcy probability within 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).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.6%▲ +0.3 percentage points vs 07-2025
09-2025: 0.8%▲ +0.2 percentage points vs 08-2025
10-2025: 1.5%▲ +0.7 percentage points vs 09-2025highest value
11-2025: 0.1%▼ -1.4 percentage points 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 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%▲ +0.1 percentage points vs 08-2026
10-2026: 0.1%▼ -0.2 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.66 (2.82 in 2024), above the usual 1.5. Short-term debt is 32.8% and cash 53.7% of total assets. However, 53.6% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 43% of them on solvency, 78% on liquidity, 43% on profitability and 64% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 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 · 7 filingsDeviation from the deadline
2025
59 days late
2024
61 days late
2023
68 days late
2022
60 days late
2021
10 days late
2020
9 days early
2019
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 45 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 29 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 59 days after the deadline Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00528806.
Annual accounts 2025 filed on 28-09-2026 at the NBB all 7 filings
Turnover
≈ €790,000
Estimated: probably between €620,000 and €1.4m
EBIT margin
Not included in this filing
Net result
€165,174▼ 25.7%
2024 · €222,246
Working capital
€528,258▼ 66.8%
2024 · €1.6m
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€239,633
▼ 24.6%
2025
20192025
Net result
€165,174
▼ 25.7%
2025
highest quarter of the sector
20192025
Equity
€1.1m
▲ 16.9%
2025
middle half of the sector
20192025
Total assets
€2.5m
▼ 32.1%
2025
highest quarter of the sector
20192025
Debt
€1.3m
▼ 50.2%
2025
20192025
Working capital
€528,258
▼ 66.8%
2025
highest quarter of the sector
20192025
Solvency
46.4%
▲ 19.5pp
2025
middle half of the sector
20192025
Current ratio
1.66
▼ 1.16
2025
middle half of the sector
20192025
Return on assets (ROA)
6.7%
▲ 0.6pp
2025
middle half of the sector
20192025
Staff (FTE)
2
=
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.3m-€0.4m▲ 19.7%€0.3m▼ 11.7%-€0.1m€0.4m€0.3m▼ 18.1%€0.2m▼ 24.6%
Net result€0.2m-€0.3mabove the sector's middle half▲ 26.3%€0.3mabove the sector's middle half▼ 2.8%-€0.1mbelow the sector's middle half€0.3mabove the sector's middle half€0.2mwithin the sector's middle half▼ 29.0%€0.2mabove the sector's middle half▼ 25.7%
Equity€0.1m-€0.3mwithin the sector's middle half▲ 93.8%€0.6mwithin the sector's middle half▲ 98.8%€0.4mwithin the sector's middle half▼ 21.5%€0.8mwithin the sector's middle half▲ 71.2%€1.0mwithin the sector's middle half▲ 29.5%€1.1mwithin the sector's middle half▲ 16.9%
Total assets€1.3m-€1.4mwithin the sector's middle half▲ 3.6%€1.6mwithin the sector's middle half▲ 17.9%€1.4mwithin the sector's middle half▼ 16.4%€2.3mwithin the sector's middle half▲ 70.4%€3.6mwithin the sector's middle half▲ 56.6%€2.5mabove the sector's middle half▼ 32.1%
Debt€1.2m-€1.1m▼ 7.5%€1.1m▼ 2.9%€0.9m▼ 13.7%€1.6m▲ 70.0%€2.6m▲ 69.6%€1.3m▼ 50.2%
Working capital€0.2m-€0.2mwithin the sector's middle half▲ 7.6%€0.4mwithin the sector's middle half▲ 78.3%€0.1mwithin the sector's middle half▼ 71.9%€0.6mabove the sector's middle half▲ 448%€1.6mabove the sector's middle half▲ 145%€0.5mabove the sector's middle half▼ 66.8%
Solvency10.9%-20.5%within the sector's middle half▲ 9.5pp34.5%within the sector's middle half▲ 14.0pp32.4%within the sector's middle half▼ 2.1pp32.5%within the sector's middle half▲ 0.2pp26.9%within the sector's middle half▼ 5.6pp46.4%within the sector's middle half▲ 19.5pp
Current ratio1.35-1.37within the sector's middle half▲ 0.022.83within the sector's middle half▲ 1.451.64within the sector's middle half▼ 1.192.42within the sector's middle half▲ 0.782.82within the sector's middle half▲ 0.401.66within the sector's middle half▼ 1.16
Return on assets (ROA)17.1%-20.8%above the sector's middle half▲ 3.7pp17.1%above the sector's middle half▼ 3.7pp-8.9%below the sector's middle half▼ 26.0pp13.5%above the sector's middle half▲ 22.4pp6.1%within the sector's middle half▼ 7.4pp6.7%within the sector's middle half▲ 0.6pp
Staff (FTE)0.5-2within the sector's middle half▲ 300%2.5within the sector's middle half▲ 25.0%2.5within the sector's middle half=2.5within the sector's middle half=2within the sector's middle half▼ 20.0%2within the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 25% lower than in 2024. It is the second fall in a row.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.5m
Fixed assets
€1.1m ▼ 2.9%
Current assets
€1.3m ▼ 45.9%
Equity and liabilities €2.5m
Equity
€1.1m ▲ 16.9%
Debt
€1.3m ▼ 50.2%
Debt's share of the balance-sheet total falls from 73.1% to 53.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€358,702▼
2024 · €435,290
Cash flow
€284,243▼
2024 · €339,570
Debt to equity
1.16▼
2024 · 2.71
ROE
14.5%▼
2024 · 22.8%
Interest coverage
28.44▲
2024 · 27.24
Debt ≤ 1 year
€805,864▼
2024 · €874,780
Debt > 1 year
€483,157▼
2024 · €615,714
Income taxes
€63,745▼
2024 · €80,575
Staff costs
€158,063▲
2024 · €150,024
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 2 | 2 | 2 |
| full-time | 2 | 2 | 2 | 2 | 2 |
| part-time | 1 | 1 | 0 | 0 | 0 |
| in full-time equivalents | 2.5 | 2.5 | 2 | 2 | 2 |
| Average over the year, in full-time equivalents | 2.5 | 2.5 | 2.5 | 2 | 2 |
| On a permanent contract | 3 | 3 | 2 | 2 | 1 |
| Joined | 0 | - | 0 | - | - |
| Left | 1 | - | 1 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €922,361 | €357,956 | €317,602 | €276,610 | €234,969 |
| Mortgages, amount registered | €513,800 | €513,800 | €513,800 | €513,800 | €513,800 |
| Carrying value of the mortgaged assets | €944,849 | €1.0m | €988,821 | €964,641 | €917,099 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €525,718 | €167,944 | €244,981 | €68,308 | €85,401 |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €62,787 | €85,445 | €91,958 | €117,325 | €119,069 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €150,871 | €204,923 | €213,248 | €223,627 | €150,024 | €158,063 | ▲ 5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €120,241 | €44,050 | €62,787 | €85,445 | €91,958 | €117,325 | €119,069 | ▲ 1.5% |
| Other operating charges640/8 | - | €2,091 | €1,935 | €4,135 | €4,394 | €4,179 | €6,237 | ▲ 49.2% |
| Gross operating margin9900 | €500,716 | €588,715 | €615,545 | €197,158 | €708,185 | €589,493 | €523,003 | ▼ 11.3% |
| Operating profit (loss)9901 | €327,259 | €391,703 | €345,901 | -€105,670 | €388,206 | €317,966 | €239,633 | ▼ 24.6% |
| Financial income75/76B | - | €350 | €20 | €1,095 | €268 | €835 | €1,899 | ▲ 127% |
| Recurring financial income75 | - | €350 | €20 | €1,095 | €268 | €835 | €1,899 | ▲ 127% |
| Financial charges65/66B | - | €11,574 | €11,586 | €15,910 | €15,625 | €15,980 | €12,614 | ▼ 21.1% |
| Recurring financial charges65 | €3,469 | €11,574 | €11,586 | €15,910 | €15,625 | €15,980 | €12,614 | ▼ 21.1% |
| Profit (loss) for the period before taxes9903 | €323,790 | €380,479 | €334,335 | -€120,485 | €372,849 | €302,821 | €228,919 | ▼ 24.4% |
| Income taxes67/77 | €97,000 | €94,087 | €56,003 | €0 | €59,898 | €80,575 | €63,745 | ▼ 20.9% |
| Profit (loss) for the period9904 | €226,790 | €286,392 | €278,332 | -€120,485 | €312,951 | €222,246 | €165,174 | ▼ 25.7% |
| Profit (loss) for the period to be appropriated9905 | €226,790 | €286,392 | €278,332 | -€120,485 | €312,951 | €222,246 | €165,174 | ▼ 25.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.3m | €1.4m | €1.6m | €1.4m | €2.3m | €3.6m | €2.5m | ▼ 32.1% |
| Fixed assets21/28 | €0.5m | €0.5m | €1.0m | €1.1m | €1.2m | €1.2m | €1.1m | ▼ 2.9% |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €1.0m | €1.0m | €1.2m | €1.2m | €1.1m | ▼ 2.9% |
| Land and buildings22 | - | €0.5m | €0.9m | €1.0m | €1.0m | €1.0m | €0.9m | ▼ 4.9% |
| Plant, machinery and equipment23 | - | - | - | - | €0.2m | €0.1m | €0.1m | ▼ 5.4% |
| Furniture and vehicles24 | - | €0.03m | €0.02m | €0.02m | €0.05m | €0.04m | €0.06m | ▲ 52.5% |
| Financial fixed assets28 | €0.02m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Current assets29/58 | €0.8m | €0.9m | €0.7m | €0.3m | €1.1m | €2.5m | €1.3m | ▼ 45.9% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.009m | €0 | - | - |
| Other amounts receivable291 | - | - | - | - | €0.009m | €0 | - | - |
| Amounts receivable within one year40/41 | €0.3m | €0.05m | €0.1m | €0.06m | €0.4m | €0.1m | €0.008m | ▼ 92.3% |
| Trade receivables40 | - | €0.04m | €0.02m | €0.05m | €0.3m | €0.03m | €0 | ▼ 100% |
| Other amounts receivable41 | - | €0.01m | €0.09m | €0.004m | €0.1m | €0.07m | €0.008m | ▼ 88.7% |
| Cash at bank and in hand54/58 | €0.5m | €0.8m | €0.5m | €0.2m | €0.7m | €2.4m | €1.3m | ▼ 43.9% |
| Deferred charges and accrued income490/1 | - | €0.001m | €0.003m | €0.003m | €0.004m | €0.007m | €0.007m | ▲ 1.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.3m | €1.4m | €1.6m | €1.4m | €2.3m | €3.6m | €2.5m | ▼ 32.1% |
| Equity10/15 | €0.1m | €0.3m | €0.6m | €0.4m | €0.8m | €1.0m | €1.1m | ▲ 16.9% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.1m | €0.3m | €0.5m | €0.4m | €0.7m | €1.0m | €1.1m | ▲ 17.3% |
| Distributable reserves133 | - | €0.3m | €0.5m | €0.4m | €0.7m | €1.0m | €1.1m | ▲ 17.3% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €1.2m | €1.1m | €1.1m | €0.9m | €1.6m | €2.6m | €1.3m | ▼ 50.2% |
| Amounts payable after more than one year17 | €0.6m | €0.5m | €0.8m | €0.7m | €0.7m | €0.6m | €0.5m | ▼ 21.5% |
| Financial debts170/4 | - | €0.5m | €0.8m | €0.7m | €0.7m | €0.6m | €0.5m | ▼ 21.5% |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €0.2m | €0.2m | €0.5m | €0.9m | €0.8m | ▼ 7.9% |
| Current portion of amounts payable after more than one year42 | - | €0.06m | €0.09m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 67.4% |
| Financial debts43 | - | - | - | - | - | - | €0.005m | - |
| Credit institutions430/8 | - | - | - | - | - | - | €0.005m | - |
| Trade debts44 | €0.1m | €0.03m | €0.006m | €0.03m | €0.2m | €0.6m | €0.4m | ▼ 36.7% |
| Suppliers440/4 | - | €0.03m | €0.006m | €0.03m | €0.2m | €0.6m | €0.4m | ▼ 36.7% |
| Advances received on contracts in progress46 | - | €0.3m | €0.04m | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €0.1m | €0.09m | €0.05m | €0.1m | €0.2m | €0.1m | ▼ 19.9% |
| Taxes450/3 | - | €0.1m | €0.06m | €0.01m | €0.07m | €0.1m | €0.1m | ▼ 21.0% |
| Remuneration and social security454/9 | - | €0.02m | €0.04m | €0.04m | €0.04m | €0.03m | €0.03m | ▼ 15.3% |
| Other amounts payable47/48 | - | €0.2m | €0 | - | €117 | €0 | €0.08m | - |
| Accrued charges and deferred income492/3 | - | €390 | €95 | €0.001m | €0.4m | €1.2m | €0.03m | ▼ 97.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.3m | €0.3m | -€0.1m | €0.3m | €0.2m | €0.2m | ▼ 25.7% |
| + Depreciation and write-downs630 | €0.1m | €0.04m | €0.06m | €0.09m | €0.09m | €0.1m | €0.1m | ▲ 1.5% |
| Operating cash flow (approximation) | €0.3m | €0.3m | €0.3m | -€0.04m | €0.4m | €0.3m | €0.3m | ▼ 16.3% |
| Investment in fixed assets (approximation) | - | -€0.06m | -€0.5m | -€0.2m | -€0.2m | -€0.07m | -€0.09m | ▼ 25.0% |
| Change in cash | - | €0.3m | -€0.3m | -€0.3m | €0.5m | €1.6m | -€1.0m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 26,972 companies had the same profile as Saravanos Process++ has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
94.9%
was still going
3.4%
stopped otherwise
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Saravanos Process++ itself is lower: 0.1% within 12 months. It rests on far more data about Saravanos Process++ than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for Saravanos Process++. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-09-2026 | 2026-00528806 | |
| 31-12-2024 | full format | 30-09-2025 | 2025-00535914 | |
| 31-12-2023 | full format | 07-10-2024 | 2024-00498730 | |
| 31-12-2022 | full format | 29-09-2023 | 2023-00459867 | |
| 31-12-2021 | full format | 10-08-2022 | 2022-20283603 | |
| 31-12-2020 | full format | 22-07-2021 | 2021-39500287 | |
| 31-12-2019 | full format | 08-10-2020 | 2020-60300128 |
Board & ownership
Directors
Directors
Last change in 2024
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“procuration spéciale; il peut même émettre, avant l’assemblée, son vote par écrit ou par tout autre moyen de communication ayant un support…”
deed of 14-02-2024Owners and capital
Shareholders
1 ownerChain of control
- SARAVANOS GROUP OF COMPANIES
- Saravanos Process++
Owners 1
- Equity €2.1m Loss of €54,593 in 2025 (profit of €3,958 in 2024)100%
Capital transactions
Capital over time
- 14-02-2024 Converted to unavailable equity
Mandate history
3 people, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Ioannis Saravanos |
|
| Panagiotis Saravanos |
|
| Spyridon Lazanas |
|
Network & group
Connections & network
The network starts from the shareholders of Saravanos Process++. Every company they also own or run is a node.
This company
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Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
28-09
abbreviated format · 59 days late
2025
31-12
Financial
Equity above €1mequity €1.1m ▲16.9%
After 3 profitable years in a row, equity reaches €1.1m.
30-09
full format · 61 days late
2024
07-10
full format · 68 days late
14-02
Gazette deed
Registered office moved from Ixelles to BruxellesNew seat: Middelweg, 132A, Haren-Bruxelles(1130 Bruxelles) · Previous seat: Avenue Arnaud Fraiteur 15-23, 1050 Ixelles · Resignations: Panagiotis Saravanos, Spyridon Lazanas and Ioannis Saravanos13 points ▸
Gazette deed
Registered office moved from Ixelles to Bruxelles
New seat: Middelweg, 132A, Haren-Bruxelles(1130 Bruxelles) · Previous seat: Avenue Arnaud Fraiteur 15-23, 1050 Ixelles · Resignations: Panagiotis Saravanos, Spyridon Lazanas and Ioannis Saravanos13 points ▸
- General meeting, 21-12-2023
- Registered-office move, Middelweg,132A,Haren-Bruxelles(1130 Bruxelles)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “suppression du compte de capitaux propres statutairement indisponible, fonds disponibles pour distribution” (deed in French)
- Capital
- Director resignation, Panagiotis Saravanos (administrateur exécutif)
- Director resignation, Spyridon Lazanas (administrateur exécutif)
- Director resignation, Ioannis Saravanos (administrateur non exécutif)
- Director reappointment, Ioannis Saravanos (administrateur exécutif)
- Director reappointment, Panagiotis Saravanos (administrateur non exécutif)
- Director reappointment, Spyridon Lazanas (administrateur non exécutif)
- The act holds 1 more point.
2023
31-12
Financial
Back to profitnet €312,951
The net result is €312,951, after one loss-making year.
31-12
Financial
Equity above €500,000equity €752,530 ▲71.2%
Equity rises from €439,579 to €752,530.
29-09
full format · 60 days late
2022
31-12
Financial
Weakest financial yearnet -€120,485
The net result drops to -€120,485, the lowest from 2019 to 2025. It recovers the following year.
10-08
full format · 10 days late
2021
31-12
Financial
Liquidity more than doubledcurrent ratio 2.83
The current ratio rises from 1.37 to 2.83. Short-term debt falls from €632,819 to €231,368.
31-12
Financial
Equity above €500,000equity €560,064 ▲98.8%
With a profit in every financial year since 2019, equity grows to €560,064.
Show earlier events
22-07
full format · 9 days before the deadline
2020
31-12
Financial
Equity above €200,000equity €281,732 ▲93.8%
With a profit in every financial year since 2019, equity grows to €281,732.
08-10
full format · 69 days late
2018
05-09
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Saravanos Process++ in French
Abbreviation
P++ in French
Enterprise number
0702.759.258
Legal form
Private limited company
Status
Active, normale toestand
Founded
03-09-2018
Entity type
Legal entity
Name clauseThe company operates under this name according to its articles.
Saravanos Process++
deed of 14-02-2024 (in French)Registered office and establishments
Registered office
Middelweg 132A, 1130 Brussel, Belgium
1 former office
- Avenue Arnaud Fraiteur 15-23, 1050 Ixelles until the act of 14-02-2024
Establishment unit
SARAVANOS PROCESS++, Arnaud Fraiteurlaan 15-23, 1050 Elsene since 11-09-2018 · unit number 2.279.168.418
Activities
NACEBEL 2025VAT activities
70200
Business and other management consultancy main activity
62200
Computer consultancy and computer facilities management
68110
Buying and selling of own real estate
71209
Other technical testing and analysis
Social security (RSZ) activities
62200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
VAT activities
70220
Business consulting main activity
62020
IT consultancy
68100
Real estate activities
71209
Other technical testing and analysis
Social security (RSZ) activities
62020
IT consultancy main activity
Joint committee
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 14-02-2024 (in French)
“Effectuer des activités d'ingénierie et des conseils techniques connexes qui seront fournis à des tiers et,de quelque manière que ce soit,à…”
7 activities
- Effectuer des activités d'ingénierie et des conseils techniques connexes qui seront fournis à des tiers et,de quelque manière que ce soit,à des entités affiliées
- La société pourra utiliser ses fonds pour investir dans les droits de propriété intellectuelle.La société peut notamment utiliser ses fonds pour le développement,l'amélioration,la maintenance,la protection,l'exploitation,la mise en place,la gestion et la cession d'un portefeuille composé de titres et de droits de propriété intellectuelle de toute origine
- La société peut également utiliser ses fonds pour participer à la création,au développement et au contrôle de toute entreprise,acquérir par voie de contribution,souscription,souscription ou option d'achat et de toute autre manière tout type de titres et droits de propriété et les réaliser par voie de vente,transfert,échange ou autre
- La société peut également utiliser ses fonds pour l’acquisition,la cession,le développement,l’amélioration,la maintenance,la protection,l’exploitation et la propriété des brevets,licences,dessins,marques,droits d’auteur et autres droits de propriété intellectuelle,de tout droits découlant de l'un des éléments précités ou s'y rapportant.Cela inclut,mais ne se limite pas à l'enregistrement,la protection,le maintien des droits de propriété intellectuelle,ainsi que l'enregistrement des droits de propriété intellectuelle,le contrôle de cet enregistrement et leurs modalités d'utilisation et d'identification,toute action en justice contre toute violation aux droits visés au sein du présent objet social.La société sera également en charge de la gestion stratégique de tous les droits de propriété intellectuelle,y compris,mais sans s'y limiter,la gestion de la relation avec tous les détenteurs de licences existants et potentiels et la gestion des contrats et activités de sous-licence
- La société a également pour objet l'achat,la vente,la location,l'administration et le développement de toute propriété immobilière située en Belgique ou à l'étranger,ainsi que toute transaction commerciale ou financière sur des biens immobiliers ou des valeurs mobilières attaché,directement ou indirectement,à la propriété immobilière.La société peut exercer toutes les activités commerciales,industrielles ou financières directement ou indirectement liées à son objet et,de manière générale,faire tout ce qui peut sembler accessoire ou propice à la réalisation des objets ci-dessus ou de l'un d'entre eux
- L’objet social comprend également l’acquisition,par souscription,achat,échange ou de toute autre manière d’actions,actions et autres titres de participation,obligations non garanties,certificats de dépôt et autres titres de créance et,plus généralement,instruments émis par toute entité publique ou privée.Dans la poursuite de ses objectifs,la société peut emprunter sous quelque forme que ce soit et financer ses filiales et autres sociétés affiliées ainsi que des tiers et donner des garanties et fournir des garanties pour ses propres obligations ainsi que celles de toute société affiliée et des sociétés tiers,y compris en mettant en gage ou en grevant autrement ses actifs
- Procéder à de la consultance,dans quelques domaines que ce soit et de quelque manière que ce soit
Invoicing and payment
VAT number
BE 0702.759.258
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Environmental permits
4 applications in Flanders since 2020 · 3 granted
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning)
Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the addresses
Ground area
2.1 ha
Building footprint
3,358 m²
Building volume
42,006 m³
Tallest building: 28.5 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21821B0501/00E000 | Brussels | 1.3 ha | 1 · 1,703 m² | 8.4 m · 2 |
| 21446F0030/00A000 | Brussels | 7,406 m² | 1 · 1,655 m² | 28.5 m · 6 |