SAREVA (0447.084.876): financials and annual accounts

SAREVA

Antwerp ·KBO/BCE: BE 0447.084.876

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	148,164	146,233	119,670	136,187	151,892	179,121	193,966	237,351	275,450	345,703	271,327	266,813	254,251	249,201	246,137	266,621	296,638	194,430	194,276	202,284
Fixed assets`21/28`	127,828	143,974	117,024	131,280	145,537	159,793	174,050	167,519	182,680	197,841	213,002	211,588	223,435	235,281	242,915	262,229	256,629	74,219	84,599	94,979
Tangible fixed assets`22/27`	127,828	143,974	117,024	131,280	145,537	159,793	174,050	167,519	182,680	197,841	213,002	211,588	223,435	235,281	242,915	262,229	256,629	74,219	84,599	94,979
Land and buildings`22`	120,598	134,333	104,973	116,819	128,665	140,511	152,357	164,204	176,050	187,896	199,742	211,588	223,435	235,281	242,915	262,229	256,629	74,219	84,599	94,979
Plant, machinery and equipment`23`	7,231	9,641	12,051	14,461	16,872	19,282	21,692	-	-	-	-	-	-	-	-	-	-	-	-	-
Furniture and vehicles`24`	-	-	-	-	-	-	-	3,315	6,630	9,945	13,260	-	-	-	-	-	-	-	-	-
Current assets`29/58`	20,336	2,259	2,646	4,907	6,355	19,328	19,917	69,832	92,770	147,862	58,324	55,225	30,817	13,920	3,223	4,393	40,009	120,212	109,676	107,305
Amounts receivable within one year`40/41`	17,646	-	0	909	580	1,705	11,379	6,522	40,527	33,259	12,806	4,737	4,467	2,699	2,465	3,130	22,465	-	-	-
Trade receivables`40`	-	-	-	0	580	0	10,780	-	20,167	10,083	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`41`	17,646	-	0	909	0	1,705	599	6,522	20,360	23,176	12,806	4,737	4,467	2,699	2,465	3,130	22,465	-	-	-
Current investments`50/53`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	76,000	72,351	-
Cash at bank and in hand`54/58`	2,690	1,264	1,809	1,005	3,694	16,332	8,538	57,969	36,877	83,749	31,867	43,543	26,350	1,856	758	1,263	17,544	41,393	37,325	107,305
Deferred charges and accrued income`490/1`	-	995	837	2,992	2,080	1,291	-	5,342	15,366	30,854	13,652	6,945	-	9,366	-	-	-	2,818	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	148,164	146,233	119,670	136,187	151,892	179,121	193,966	237,351	275,450	345,703	271,327	266,813	254,251	249,201	246,137	266,621	296,638	194,430	194,276	202,284
Equity`10/15`	51,682	76,158	102,558	118,455	137,236	156,829	179,002	217,832	232,964	215,049	214,857	203,826	186,875	168,741	153,715	148,117	145,935	138,078	124,438	112,414
Contributions`10/11`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Capital`10`	62,000	62,000	62,000	62,000	62,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Reserves`13`	171,000	171,000	171,000	171,000	171,000	171,000	171,000	170,964	170,964	153,049	152,857	141,826	124,875	106,741	91,715	86,117	83,935	76,078	62,438	50,414
Non-distributable reserves`130/1`	6,200	6,200	6,200	6,200	6,200	6,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Tax-exempt reserves`132`	36	36	36	36	36	36	36	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	164,764	164,764	164,764	164,764	164,764	164,764	164,764	164,764	164,764	146,849	146,657	135,626	118,675	100,541	85,515	79,917	77,735	69,878	56,238	44,214
Profit (loss) carried forward`14`	-181,319	-156,842	-130,442	-114,545	-95,764	-76,172	-53,998	-15,132	-	-	-	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	96,483	70,075	17,112	17,732	14,656	22,292	14,964	19,519	42,486	130,654	56,470	62,987	67,377	80,460	92,423	118,504	150,703	56,353	69,838	89,870
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	11,283	23,040	34,249	44,934	55,120	64,831	74,089	90,029	112,672	35,573	49,802	64,031
Financial debts`170/4`	-	-	-	-	-	-	-	-	11,283	23,040	34,249	44,934	55,120	64,831	74,089	90,029	112,672	35,573	49,802	64,031
Amounts payable within one year`42/48`	96,483	69,381	16,451	17,257	14,206	21,872	14,564	19,129	30,813	107,254	20,348	16,420	10,499	15,629	18,334	28,475	38,031	20,780	20,036	17,810
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	11,283	12,712	12,119	11,553	10,186	10,499	10,009	16,657	25,037	22,901	14,229	14,229	14,229
Trade debts`44`	741	1,140	274	0	505	6,601	-	713	237	163	5,221	-	-	1,726	1,677	1,482	13,174	1,314	1,287	-
Suppliers`440/4`	741	1,140	274	0	505	6,601	-	713	237	163	5,221	-	-	1,726	1,677	1,482	13,174	1,314	1,287	-
Taxes, remuneration and social security`45`	-	97	213	1,195	966	3,503	2,819	7,133	17,864	4,972	3,574	6,233	-	3,894	-	1,131	1,131	5,235	4,518	3,579
Taxes`450/3`	-	97	213	1,195	966	3,503	2,819	7,133	10,364	4,972	3,574	6,233	-	3,894	-	1,131	1,131	5,235	4,518	3,579
Remuneration and social security`454/9`	-	-	-	-	-	-	-	-	7,500	-	-	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	95,742	68,144	15,964	16,062	12,735	11,768	11,745	-	-	90,000	-	-	-	-	-	825	825	2	2	2
Accrued charges and deferred income`492/3`	-	693	661	475	450	420	400	390	390	360	1,873	1,634	1,757	-	-	-	-	-	-	8,029
Income statement
Gross operating margin`9900`	6,451	-1,231	3,963	346	272	-1,821	-16,053	5,959	44,304	109,834	31,478	38,362	37,081	35,139	30,317	29,253	29,822	29,485	29,128	27,734
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	30,506	20,486	14,256	14,256	14,256	14,256	17,571	15,161	15,161	15,161	15,161	11,846	11,846	11,846	19,314	21,979	20,527	10,381	10,381	10,381
Other operating charges`640/8`	206	4,455	5,165	4,012	4,867	5,378	4,410	4,378	4,142	796	436	354	353	349	344	339	341	454	331	168
Operating profit (loss)`9901`	-24,261	-26,172	-15,459	-17,923	-18,851	-21,455	-38,035	-13,581	25,000	93,877	15,881	26,163	24,882	22,945	10,659	6,935	8,954	18,651	18,416	17,185
Financial income`75/76B`	-	-	-	-	-	0	1	6	1,815	1,207	300	307	255	252	236	1,536	2,921	3,718	2,022	65
Recurring financial income`75`	-	-	-	-	-	0	1	6	1,815	1,207	300	307	255	252	236	1,536	2,921	3,718	2,022	65
Financial charges`65/66B`	216	228	225	261	144	121	344	1,069	1,573	2,150	2,366	3,276	3,530	4,273	5,296	6,290	2,448	2,936	3,594	4,267
Recurring financial charges`65`	216	228	225	261	144	121	344	1,069	1,573	2,150	2,366	3,276	3,530	4,273	5,296	6,290	2,448	2,936	3,594	4,267
Profit (loss) for the period before taxes`9903`	-24,477	-26,400	-15,684	-18,184	-18,995	-21,576	-38,379	-14,644	25,242	92,934	13,815	23,194	21,607	18,923	5,599	2,182	9,426	19,433	16,844	12,983
Income taxes`67/77`	-	0	213	598	598	598	488	488	7,327	2,742	2,784	6,242	3,474	3,897	2	-	1,569	5,792	4,821	3,633
Profit (loss) for the period`9904`	-24,477	-26,400	-15,897	-18,781	-19,592	-22,174	-38,866	-15,132	17,915	90,192	11,031	16,951	18,134	15,026	5,598	2,182	7,858	13,640	12,023	9,350
Profit (loss) for the period to be appropriated`9905`	-24,477	-26,400	-15,897	-18,781	-19,592	-22,174	-38,866	-15,132	17,915	90,192	11,031	16,951	18,134	15,026	5,598	2,182	7,858	13,640	12,023	9,350
Appropriation of the result
Profit (loss) to be appropriated`9906`	-181,319	-156,842	-130,442	-114,545	-95,764	-76,172	-53,998	-15,132	17,915	90,192	11,031	16,951	18,134	15,026	5,598	2,182	7,858	13,640	12,023	9,350
Profit (loss) brought forward from the previous period`14P`	-156,842	-130,442	-114,545	-95,764	-76,172	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	17,915	192	11,031	16,951	18,134	15,026	5,598	2,182	7,858	13,640	12,023	9,350
To other reserves`6921`	-	-	-	-	-	-	-	-	17,915	192	11,031	16,951	18,134	15,026	5,598	2,182	7,858	13,640	12,023	9,350
Profit to be distributed`694/7`	-	-	-	-	-	-	-	-	-	90,000	-	-	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	-	-	-	90,000	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	18-08-2026	2026-00403483	PDF
31-12-2024	micro format	28-08-2025	2025-00457925	PDF
31-12-2023	micro format	28-08-2024	2024-00422735	PDF
31-12-2022	micro format	29-08-2023	2023-00367294	PDF
31-12-2021	micro format	26-08-2022	2022-20382546	PDF
31-12-2020	micro format	30-08-2021	2021-63900420	PDF
31-12-2019	abbreviated format	28-08-2020	2020-48500395	PDF
31-12-2018	abbreviated format	27-08-2019	2019-56600392	PDF
31-12-2017	abbreviated format	27-08-2018	2018-52000336	PDF
31-12-2016	abbreviated format	30-08-2017	2017-54100413	PDF
31-12-2015	abbreviated format	29-08-2016	2016-52200192	PDF
31-12-2014	abbreviated format	27-08-2015	2015-51300165	PDF
31-12-2013	abbreviated format	15-07-2014	2014-31000503	PDF
31-12-2012	abbreviated format	05-07-2013	2013-27900297	PDF
31-12-2011	abbreviated format	30-08-2012	2012-50800544	PDF
31-12-2010	abbreviated format	14-07-2011	2011-29700199	PDF
31-12-2009	abbreviated format	07-07-2010	2010-29200524	PDF
31-12-2008	abbreviated format	08-07-2009	2009-38600233	PDF
31-12-2007	abbreviated format	29-09-2008	2008-74700264	PDF
31-12-2006	abbreviated format	26-06-2007	2007-27500061	PDF
31-12-2005	abbreviated format	10-07-2006	2006-44002705	PDF
31-12-2004	abbreviated format	08-07-2005	2005-46603520	PDF
31-12-2003	abbreviated format	08-07-2004	2004-42504506	PDF
31-12-2002	abbreviated format	10-07-2003	2003-43003289	PDF
31-12-2001	abbreviated format	03-07-2002	2002-32802342	PDF
31-12-2000	abbreviated format	02-07-2001	2001-31603931	PDF
31-12-1999	abbreviated format	27-07-2000	2000-46700286	PDF
31-12-1998	abbreviated format	23-07-1999	1999-36400790	PDF
31-12-1997	abbreviated format	28-07-1998	1998-36503866	PDF
31-12-1996	abbreviated format	01-07-1997	1997-25301815	PDF
31-12-1995	abbreviated format	29-08-1996	1996-42003417	PDF
31-12-1994	abbreviated format	26-09-1995	1995-50704618	PDF
31-12-1993	abbreviated format	26-10-1994	1994-45104265	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	6,245	-5,686	-1,202	-3,666	-4,594	-7,199	-20,464	1,581	40,162	109,039	31,042	38,009	36,729	34,791	29,974	28,914	29,481	29,031	28,797	27,566
Cash flow	6,030	-5,914	-1,641	-4,525	-5,336	-7,917	-21,295	30	33,076	105,353	26,192	28,798	29,980	26,872	24,912	24,161	28,385	24,021	22,404	19,731
Investment in fixed assets (approximation)	14,361	47,436	0	0	0	0	24,103	0	0	0	16,575	0	0	4,212	0	27,579	202,938	0	1	-
Change in cash	1,426	-545	804	-2,689	-12,637	7,794	-49,431	21,092	-46,871	51,882	-11,676	17,193	24,494	1,098	-505	-16,281	-23,849	4,068	-69,980	-
Working capital	-76,147	-67,122	-13,805	-12,350	-7,851	-2,545	5,352	50,704	61,957	40,608	37,976	38,805	20,317	-1,709	-15,111	-24,083	1,978	99,432	89,640	89,495
Solvency	34.9%	52.1%	85.7%	87.0%	90.4%	87.6%	92.3%	91.8%	84.6%	62.2%	79.2%	76.4%	73.5%	67.7%	62.5%	55.6%	49.2%	71.0%	64.1%	55.6%
Current ratio	0.21	0.03	0.16	0.28	0.45	0.88	1.37	3.65	3.01	1.38	2.87	3.36	2.94	0.89	0.18	0.15	1.05	5.78	5.47	6.02
Debt to equity	1.87	0.92	0.17	0.15	0.11	0.14	0.08	0.09	0.18	0.61	0.26	0.31	0.36	0.48	0.60	0.80	1.03	0.41	0.56	0.80
ROE	-47.4%	-34.7%	-15.5%	-15.9%	-14.3%	-14.1%	-21.7%	-6.9%	7.7%	41.9%	5.1%	8.3%	9.7%	8.9%	3.6%	1.5%	5.4%	9.9%	9.7%	8.3%
ROA	-16.5%	-18.1%	-13.3%	-13.8%	-12.9%	-12.4%	-20.0%	-6.4%	6.5%	26.1%	4.1%	6.4%	7.1%	6.0%	2.3%	0.8%	2.6%	7.0%	6.2%	4.6%
Interest coverage	28.96	-24.95	-5.33	-14.06	-31.85	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€14,361	€47,436	-	-	-
Depreciation and write-downs of the year	€30,506	€20,486	€14,256	€14,256	€14,256

SAREVA

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency34.9%

Current ratio0.21

Return on assets-16.5%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on SAREVA

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