SAVA CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of SAVA CONSTRUCT is 2.4% (moderate). The 2025 annual accounts show negative equity (€-149k) and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2198 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
22
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-42
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 0.26 in 2024; short-term debt: 398.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-298.6%
Return on assets
-8.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-149k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
48 d late
2024
46 d late
2023
5 d early
2022
30 d late
2021
2 d early
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-149k▼ 2.9%
2024 · €-145k
2018: €133k
2019: €145k
2020: €152k
2021: €-99k
2022: €-153k
2023: €-150k
2024: €-145k
2018 → 2025
Total assets
€50k=
2024 · €50k
2018: €179k
2019: €174k
2020: €182k
2021: €91k
2022: €51k
2023: €51k
2024: €50k
2018 → 2025
Net result
€-4k
2024 · €4k
2018: €13k
2019: €12k
2020: €7k
2021: €-229k
2022: €-57k
2023: €-92
2024: €4k
2018 → 2025
Working capital
€-149k▼ 2.9%
2024 · €-145k
2018: €123k
2019: €142k
2020: €150k
2021: €53k
2022: €-154k
2023: €-150k
2024: €-145k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-99k-€-153k▼ 54.4%€-150k▲ 2.5%€-145k▲ 2.9%€-149k▼ 2.9%
Operating result€-221k-€-53k▲ 75.9%€3k€7k▲ 107%€-214
Net result€-229k-€-57k▲ 75.3%€-92▲ 99.8%€4k€-4k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €214 after €7k in 2024.
Key figures and ratios
Solvency
-298.6%▼
2024 · -290.3%
Current ratio
0.25▼
2024 · 0.26
Debt to equity
-1.33▲
2024 · -1.34
ROA
-8.3%▼
2024 · 8.6%
Debt
€199k▲
2024 · €195k
Debt ≤ 1 year
€199k▲
2024 · €195k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet
Code20242025
Assets
Total assets20/58€50k€50k=
Current assets29/58€50k€50k=
Amounts receivable within one year40/41€50k€50k=
Trade receivables40€50k€50k=
Equity and liabilities
Total equity and liabilities10/49€50k€50k=
Equity10/15€-145k€-149k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-166k€-170k▼
Amounts payable17/49€195k€199k▲
Amounts payable within one year42/48€195k€199k▲
Financial debts43€15k€20k▲
Credit institutions430/8€15k€20k▲
Taxes, remuneration and social security45€180k€180k=
Taxes450/3€5€5=
Remuneration and social security454/9€180k€180k=
Income statement
Code20242025
Gross operating margin9900€7k€-214▼
Operating profit (loss)9901€7k€-214▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€4k€-4k▼
Profit (loss) for the period9904€4k€-4k▼
Profit (loss) for the period to be appropriated9905€4k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-166k€-170k▼
Profit (loss) brought forward from the previous period14P€-170k€-166k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 48 days late
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-229k
Net result drops to €-229k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Equity above €150kEq €152k ▲4.9%
3 profitable years in a row build equity to €152k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Elsene · 1 establishment unit since 2009
Ground area
282 m²
Building footprint
143 m²
Volume, LiDAR
2,013 m³
Parcel 21443C0219/02A005, Brussels · tallest building 20.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Emile de Becolaan 86, 1050 Elsene
since 20092.180.452.508
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0219/02A005 | Brussels | 282 m² | 1 · 143 m² | 20.0 m · 5 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.
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NOVIBAT
BE 0434.786.167
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Van Den Abeele Chris & C°
BE 0834.182.083
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GEERT VRINTS
BE 0831.335.629
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 12,622 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.