SAVACO
ActiveSummary
SAVACO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.3m and a net result of €1.9m. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 30% of 1438 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 58 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
History
Go further with this company
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 719 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 719 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €40.9m | €47.5m | €56.1m | €56.6m | €73.2m | ▲ 29.3% |
| Turnover70 | €39.6m | €45.9m | €53.8m | €54.5m | €66.9m | ▲ 22.6% |
| Other operating income74 | €1.4m | €1.6m | €2.2m | €2.0m | €2.1m | ▲ 2.5% |
| Non-recurring operating income76A | €3,253 | - | €8,608 | €34,576 | €4.2m | ▲ 12,102% |
| Operating charges60/66A | €36.7m | €43.0m | €53.3m | €55.9m | €68.9m | ▲ 23.2% |
| Goods for resale, raw materials and consumables60 | €19.0m | €21.4m | €24.7m | €25.8m | €29.8m | ▲ 15.6% |
| Purchases600/8 | €19.1m | €21.3m | €24.8m | €25.8m | €29.5m | ▲ 14.2% |
| Change in stocks: decrease (increase)609 | -€134,255 | €106,945 | -€68,768 | -€53,494 | €293,104 | ▲ 648% |
| Services and other goods61 | €4.6m | €6.4m | €9.2m | €10.9m | €12.1m | ▲ 10.6% |
| Remuneration, social security and pensions62 | €11.9m | €14.2m | €18.0m | €17.9m | €23.4m | ▲ 31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €719,654 | €929,161 | €968,335 | €1.1m | €2.9m | ▲ 162% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €4,227 | €1,518 | -€5,108 | €883 | €67,809 | ▲ 7,582% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€2,309 | -€3,999 | -€7,479 | €1,700 | - | - |
| Other operating charges640/8 | €74,445 | €77,766 | €94,690 | €113,297 | €286,804 | ▲ 153% |
| Non-recurring operating charges66A | €443,047 | €10,000 | €324,843 | €159,710 | €403,150 | ▲ 152% |
| Operating profit (loss)9901 | €4.2m | €4.5m | €2.8m | €665,640 | €4.3m | ▲ 544% |
| Financial income75/76B | €1,638 | €21,358 | €54,184 | €139,511 | €350,133 | ▲ 151% |
| Recurring financial income75 | €1,638 | €21,358 | €54,184 | €139,511 | €350,133 | ▲ 151% |
| Income from financial fixed assets750 | - | €19,726 | €50,679 | €133,344 | €237,892 | ▲ 78.4% |
| Income from current assets751 | €22 | €1,120 | €1,894 | €2,778 | - | - |
| Other financial income752/9 | €1,616 | €512 | €1,610 | €3,389 | €112,241 | ▲ 3,212% |
| Financial charges65/66B | €154,438 | €359,004 | €829,965 | €4.2m | €969,104 | ▼ 76.8% |
| Recurring financial charges65 | €154,438 | €341,454 | €829,965 | €1.2m | €969,104 | ▼ 17.7% |
| Debt charges650 | €149,309 | €333,863 | €809,772 | €1.2m | €924,237 | ▼ 20.3% |
| Other financial charges652/9 | €5,129 | €7,591 | €20,194 | €17,882 | €44,868 | ▲ 151% |
| Non-recurring financial charges66B | - | €17,550 | - | €3.0m | - | - |
| Profit (loss) for the period before taxes9903 | €4.1m | €4.2m | €2.0m | -€3.4m | €3.7m | ▲ 209% |
| Transfer from deferred taxes780 | €10,577 | €9,942 | €9,346 | €8,785 | €137,632 | ▲ 1,467% |
| Income taxes67/77 | €1.3m | €1.4m | €858,853 | €251,720 | €1.9m | ▲ 643% |
| Taxes670/3 | €1.3m | €1.4m | €858,886 | €273,435 | €1.9m | ▲ 584% |
| Tax adjustments and reversals of tax provisions77 | €218 | - | €34 | €21,716 | - | - |
| Profit (loss) for the period9904 | €2.8m | €2.8m | €1.1m | -€3.6m | €1.9m | ▲ 154% |
| Transfer from tax-exempt reserves789 | €893,019 | €29,827 | €28,037 | €26,355 | €412,896 | ▲ 1,467% |
| Transfer to tax-exempt reserves689 | €184 | - | - | - | €150,750 | - |
| Profit (loss) for the period to be appropriated9905 | €3.7m | €2.8m | €1.2m | -€3.6m | €2.2m | ▲ 161% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25.3m | €38.0m | €49.7m | €45.3m | €53.8m | ▲ 18.7% |
| Fixed assets21/28 | €8.8m | €15.6m | €27.5m | €24.9m | €20.8m | ▼ 16.5% |
| Intangible fixed assets21 | €2.1m | €3.8m | €3.6m | €3.0m | €16.9m | ▲ 462% |
| Tangible fixed assets22/27 | €2.6m | €2.7m | €3.0m | €3.9m | €1.3m | ▼ 67.9% |
| Land and buildings22 | €2.0m | €1.9m | €1.9m | €1.9m | €10,253 | ▼ 99.4% |
| Plant, machinery and equipment23 | €609,084 | €729,604 | €831,906 | €920,975 | €832,395 | ▼ 9.6% |
| Furniture and vehicles24 | €14,215 | €61,751 | €53,873 | €41,756 | €189,201 | ▲ 353% |
| Other tangible fixed assets26 | - | €8,783 | €126,474 | €120,587 | €231,646 | ▲ 92.1% |
| Assets under construction and advance payments27 | - | - | - | €1.0m | - | - |
| Financial fixed assets28 | €4.1m | €9.0m | €21.0m | €18.0m | €2.7m | ▼ 84.9% |
| Affiliated companies280/1 | €4.0m | €9.0m | €20.9m | €17.9m | €2.6m | ▼ 85.4% |
| Participating interests280 | €4.0m | €9.0m | €20.9m | €17.9m | - | - |
| Amounts receivable281 | - | - | - | - | €2.6m | - |
| Companies linked by participating interests282/3 | €12,720 | €12,720 | €12,720 | €12,720 | €12,720 | = |
| Participating interests282 | €12,720 | €12,720 | €12,720 | €12,720 | €12,720 | = |
| Other financial fixed assets284/8 | €33,002 | €36,113 | €34,663 | €53,892 | €86,128 | ▲ 59.8% |
| Shares284 | €496 | €496 | €496 | €496 | €496 | = |
| Amounts receivable and cash guarantees285/8 | €32,506 | €35,617 | €34,167 | €53,396 | €85,632 | ▲ 60.4% |
| Current assets29/58 | €16.4m | €22.4m | €22.2m | €20.4m | €33.0m | ▲ 61.7% |
| Stocks and contracts in progress3 | €328,983 | €227,682 | €296,450 | €349,943 | €72,843 | ▼ 79.2% |
| Stocks30/36 | €328,983 | €227,682 | €296,450 | €349,943 | €72,843 | ▼ 79.2% |
| Goods purchased for resale34 | €328,983 | €227,682 | €296,450 | €349,943 | €72,843 | ▼ 79.2% |
| Amounts receivable within one year40/41 | €8.5m | €10.2m | €12.7m | €10.5m | €18.0m | ▲ 71.4% |
| Trade receivables40 | €8.5m | €9.0m | €9.3m | €10.2m | €18.0m | ▲ 76.6% |
| Other amounts receivable41 | €6,505 | €1.2m | €3.4m | €322,117 | €27,423 | ▼ 91.5% |
| Current investments50/53 | - | €82,463 | - | - | - | - |
| Other investments51/53 | - | €82,463 | - | - | - | - |
| Cash at bank and in hand54/58 | €2.2m | €5.6m | €2.3m | €2.2m | €3.0m | ▲ 32.7% |
| Deferred charges and accrued income490/1 | €5.4m | €6.2m | €6.9m | €7.3m | €12.0m | ▲ 63.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25.3m | €38.0m | €49.7m | €45.3m | €53.8m | ▲ 18.7% |
| Equity10/15 | €6.0m | €8.8m | €10.0m | €6.4m | €8.3m | ▲ 30.4% |
| Contributions10/11 | €124,000 | €124,000 | €124,000 | €124,000 | €124,000 | = |
| Capital10 | €124,000 | €124,000 | €124,000 | €124,000 | €124,000 | = |
| Issued capital100 | €124,000 | €124,000 | €124,000 | €124,000 | €124,000 | = |
| Reserves13 | €3.0m | €3.0m | €3.0m | €3.0m | €2.7m | ▼ 8.9% |
| Non-distributable reserves130/1 | €17,541 | €17,541 | €17,541 | €17,541 | €17,541 | = |
| Legal reserve130 | €17,541 | €17,541 | €17,541 | €17,541 | €17,541 | = |
| Tax-exempt reserves132 | €497,300 | €467,473 | €439,435 | €413,080 | €150,934 | ▼ 63.5% |
| Distributable reserves133 | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Profit (loss) carried forward14 | €2.9m | €5.7m | €6.9m | €3.3m | €5.5m | ▲ 66.8% |
| Provisions and deferred taxes16 | €181,311 | €167,370 | €150,546 | €143,461 | €5,829 | ▼ 95.9% |
| Provisions for liabilities and charges160/5 | €15,606 | €11,607 | €4,129 | €5,829 | €5,829 | = |
| Pensions and similar obligations160 | €15,606 | €11,607 | €4,129 | €5,829 | €5,829 | = |
| Deferred taxes168 | €165,705 | €155,763 | €146,417 | €137,632 | - | - |
| Amounts payable17/49 | €19.1m | €29.0m | €39.6m | €38.8m | €45.5m | ▲ 17.2% |
| Amounts payable after more than one year17 | €1,440 | €4.4m | €8.7m | €11.3m | €4.3m | ▼ 61.8% |
| Financial debts170/4 | - | €4.4m | €8.7m | €11.3m | €4.3m | ▼ 61.8% |
| Credit institutions173 | - | €4.4m | €8.7m | €7.5m | €4.3m | ▼ 42.5% |
| Other loans174 | - | - | - | €3.8m | - | - |
| Other amounts payable178/9 | €1,440 | €1,440 | - | - | - | - |
| Amounts payable within one year42/48 | €11.7m | €15.7m | €21.2m | €17.5m | €26.5m | ▲ 51.4% |
| Current portion of amounts payable after more than one year42 | - | €687,500 | €1.7m | €1.7m | €4.7m | ▲ 178% |
| Trade debts44 | €5.5m | €6.3m | €7.5m | €10.1m | €13.1m | ▲ 29.3% |
| Suppliers440/4 | €5.5m | €6.3m | €7.5m | €10.1m | €13.1m | ▲ 29.3% |
| Advances received on contracts in progress46 | €257,987 | €631,913 | €270,297 | €820,037 | €792,271 | ▼ 3.4% |
| Taxes, remuneration and social security45 | €3.1m | €3.2m | €3.8m | €4.2m | €7.9m | ▲ 89.3% |
| Taxes450/3 | €1.0m | €914,269 | €918,991 | €1.2m | €4.0m | ▲ 248% |
| Remuneration and social security454/9 | €2.1m | €2.3m | €2.8m | €3.0m | €3.9m | ▲ 29.2% |
| Other amounts payable47/48 | €2.9m | €4.8m | €7.9m | €691,359 | - | - |
| Accrued charges and deferred income492/3 | €7.4m | €8.9m | €9.7m | €10.1m | €14.7m | ▲ 46.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.8m | €2.8m | €1.1m | -€3.6m | €1.9m | ▲ 154% |
| + Depreciation and write-downs630 | €719,654 | €929,161 | €968,335 | €1.1m | €2.9m | ▲ 162% |
| Operating cash flow (approximation) | €3.5m | €3.7m | €2.1m | -€2.5m | €4.8m | ▲ 290% |
| Investment in fixed assets (approximation) | - | -€7.6m | -€13.0m | €1.5m | €1.3m | ▼ 16.6% |
| Change in cash | - | €3.4m | -€3.3m | -€51,820 | €731,765 | ▲ 1,512% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 26 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0086/00N000 | Flanders | 9,445 m² | 1 · 412 m² | 7.3 m · 2 fl. |
| 34354D0268/00E000 | Flanders | 5,380 m² | 1 · 645 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- Savaco Holding
- SAVACO
Highest known parent: Savaco Holding. The sources do not say who stands above it.
Owners 1
- Savaco Holdingparent100%
Holdings 1
-
29.5%
According to the 2025 annual accounts of SAVACO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 13 entries · 73,474 EUR awarded · 72,177 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 11,264 EUR | 11,318 EUR |
| 2024 | 4 | 31,340 EUR | 30,646 EUR |
| 2023 | 3 | 17,509 EUR | 20,272 EUR |
| 2022 | 2 | 13,361 EUR | 9,941 EUR |
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.