SAVA-M
ActiveThe computed 12-month bankruptcy probability of SAVA-M is 1.9% (moderate). The 2025 annual accounts show equity of €93k and a net result of €3k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 83% of 27319 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
86
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-36
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 4.4 against 9.84 in 2024), and 21.3% of the assets are financed with debt.
Credit advice 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.7%
Return on assets
2.2%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 5 filingsDeviation from the deadline
2025
28 d late
2024
46 d late
2023
40 d late
2022
60 d late
2021
48 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€93k▲ 2.9%
2024 · €91k
2021: €50k
2022: €69k
2023: €82k
2024: €91k
2021 → 2025
Total assets
€119k▲ 19.0%
2024 · €100k
2021: €78k
2022: €93k
2023: €92k
2024: €100k
2021 → 2025
Net result
€3k▼ 70.6%
2024 · €9k
2021: €40k
2022: €19k
2023: €13k
2024: €9k
2021 → 2025
Working capital
€86k▲ 7.5%
2024 · €80k
2021: €24k
2022: €50k
2023: €55k
2024: €80k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€69k▲ 37.2%€82k▲ 18.4%€91k▲ 11.1%€93k▲ 2.9%
Operating result€52k-€25k▼ 51.7%€17k▼ 31.1%€14k▼ 19.5%€7k▼ 52.5%
Net result€40k-€19k▼ 53.6%€13k▼ 32.1%€9k▼ 28.5%€3k▼ 70.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 52% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets
€7k▼ 31.6%
Current assets
€111k▲ 25.0%
Equity and liabilities €119k
Equity
€93k▲ 2.9%
Debt
€25k▲ 179%
The debt ratio rises from 9.1% to 21.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€10k▼
2024 · €17k
Cash flow
€6k▼
2024 · €12k
Solvency
78.7%▼
2024 · 90.9%
Current ratio
4.40▼
2024 · 9.84
Quick ratio
3.57▼
2024 · 9.84
Debt / equity
0.27▲
2024 · 0.10
ROE
2.9%▼
2024 · 10.0%
ROA
2.2%▼
2024 · 9.1%
Interest coverage
27.58▼
2024 · 29.37
Debt
€25k▲
2024 · €9k
Debt ≤ 1 year
€25k▲
2024 · €9k
Income taxes
€4k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€100k€119k▲
Fixed assets21/28€11k€7k▼
Tangible fixed assets22/27€11k€7k▼
Plant, machinery and equipment23€465€93▼
Furniture and vehicles24€10k€7k▼
Current assets29/58€89k€111k▲
Stocks and contracts in progress3-€21k
Stocks30/36-€21k
Amounts receivable within one year40/41€70k€89k▲
Trade receivables40€23k€32k▲
Other amounts receivable41€47k€57k▲
Cash at bank and in hand54/58€19k-
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€100k€119k▲
Equity10/15€91k€93k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€81k€83k▲
Amounts payable17/49€9k€25k▲
Amounts payable within one year42/48€9k€25k▲
Financial debts43-€7k
Credit institutions430/8-€7k
Trade debts44€168€9k▲
Suppliers440/4€168€9k▲
Taxes, remuneration and social security45€9k€9k▲
Taxes450/3€9k€9k▲
Income statement
Code20242025
Non-recurring operating income76A€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€3k€5k▲
Gross operating margin9900€20k€15k▼
Operating profit (loss)9901€14k€7k▼
Financial charges65/66B€586€360▼
Recurring financial charges65€586€360▼
Profit (loss) for the period before taxes9903€13k€6k▼
Income taxes67/77€4k€4k▼
Profit (loss) for the period9904€9k€3k▼
Profit (loss) for the period to be appropriated9905€9k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€81k€83k▲
Profit (loss) brought forward from the previous period14P€72k€81k▲
The notes to these accounts (4 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €3k ▼70.6%
Net result drops to €3k, the lowest in the series.
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 40 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 6.37
Current ratio from 3.05 to 6.37; short-term debt falls from €24k to €10k.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Halle · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
de Kerchove d'Exaerdestraat(Oct) 51501 Halle1 establishment unit
SAVA-M
since 20202.304.013.680
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Of 15,434 companies in sector 43990 we hold annual accounts for 7,355. 6,193 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-06-2020
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43350Other building finishing work
46861Wholesale of diamonds and other precious stones
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filings
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.