SAVACO
ActiveSummary
SAVACO has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.3m and a net result of €1.9m, of which €4.2m non-recurring income. Equity has been stable since 2018 (±1.7% per year). Its solvency ranks better than 28% of 1,686 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 04-02-1991 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200and 4 others
- Joint committee
- 200 Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment units
- 2.051.618.690 8500 Kortrijk, since 21-02-1991
- 2.326.494.421 3001 Leuven, since 01-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- EIXAMPLEManaging director · permanent representative Dirk Michiels
- Auditor
- CALLENS VANDELANOTTE
- Savaco Holding100%2025 annual accounts of Savaco Holding
- Holdings
- Shares in 1 company QCOM
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Turnover
- €66.9m
- ▲ 22.6%
- Profit
- €1.9m
- Equity
- €8.3m
- ▲ 30.4%
- Total assets
- €53.8m
- ▲ 18.7%
- Employees on 31-12-2025
- 264
- ▲ 17.9%
Score breakdownraises riskEquity €8.3m (15.4% of total assets)Liquidity: current ratio 1.24, cash €3.0mlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Legal form: public limited companyShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, medium-sized). It does better than 24% of them on solvency, 37% on liquidity, 65% on profitability and 82% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
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Signals
The company filed its last 7 accounts on average 58 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 24-07-2026 at the NBB all 35 filings
Every figure per financial year
The operating result for 2025 is over 6.4 times that of 2024 and the highest since 2022. It is a recovery after the fall in 2024.
- 2023 Net result -59% on 2022. Merger absorbing Thrives, effective 29-04-2022, in the previous financial year. That operation now counts for a full year for the first time.
- 2022 Total assets +50% on 2021. Merger absorbing Thrives, effective 29-04-2022.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 182 | 201 | 208 | 224 | 264 |
| full-time | 171 | 185 | 188 | 205 | 226 |
| part-time | 11 | 16 | 20 | 19 | 38 |
| in full-time equivalents | 179.2 | 197.2 | 203 | 219.5 | 255 |
| Average over the year, in full-time equivalents | 162.4 | 187.5 | 203.7 | 207.2 | 242.3 |
| On a permanent contract | 182 | 201 | 208 | 224 | 264 |
| Joined | 49 | 52 | 35 | 49 | 81 |
| Left | 14 | 33 | 28 | 33 | 41 |
| Agency workers, average number | 0.7 | - | 0.3 | - | - |
| Training hours | 18,967 | 29,594 | 35,658 | 35,387 | 13,110 |
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 | - | €5.1m | €10.4m | €9.2m | €9.0m |
| Mortgages, amount registered | €6.1m | €6.1m | €6.1m | €6.1m | - |
| Carrying value of the mortgaged assets | €2.0m | €1.9m | €1.9m | €1.9m | - |
| Pledge on the business | €69.8m | €69.8m | €69.8m | €69.8m | €69.8m |
| Mandates to pledge the business | - | - | - | €69.8m | €69.8m |
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 | €392,674 | €1.3m | €756,706 | €1.4m | €2.0m |
| Intangible fixed assets | €2.5m | €2.1m | €286,373 | €74,258 | €15.3m |
| Financial fixed assets | €4.0m | €9.0m | €12.0m | - | - |
| Depreciation and write-downs of the year | €719,654 | €929,161 | €968,335 | €1.1m | €2.9m |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
The auditor is CALLENS VANDELANOTTE.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €11,781 | €11,500 | €13,000 | €13,412 | €19,034 |
| Other work by the auditor | €26,650 | - | €36,000 | - | €285 |
| Work by persons linked to the auditor | €6,875 | €12,030 | €5,600 | €72,264 | €10,110 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2022 to 2025 · 13 entries · €73,474 awarded · €72,177 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 4 | €11,264 | €11,318 |
| 2024 | 4 | €31,340 | €30,646 |
| 2023 | 3 | €17,509 | €20,272 |
| 2022 | 2 | €13,361 | €9,941 |
Public contracts
Show 1 more contract
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €40.9m | €47.5m | €56.1m | €56.6m | €73.2m | ▲ 29.3% |
| Turnover70 | €29.2m | €27.2m | €31.4m | €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 | - | - | - | €0.003m | - | €0.009m | €0.03m | €4.2m | ▲ 122× |
| 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 | - | - | - | -€0.1m | €0.1m | -€0.07m | -€0.05m | €0.3m | - |
| 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 | €0.6m | €0.7m | €0.6m | €0.7m | €0.9m | €1.0m | €1.1m | €2.9m | ▲ 162% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.004m | €0.002m | -€0.005m | €0.001m | €0.07m | ▲ 77× |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€0.002m | -€0.004m | -€0.007m | €0.002m | - | - |
| Other operating charges640/8 | - | - | - | €0.07m | €0.08m | €0.09m | €0.1m | €0.3m | ▲ 153% |
| Non-recurring operating charges66A | - | - | - | €0.4m | €0.01m | €0.3m | €0.2m | €0.4m | ▲ 152% |
| Operating profit (loss)9901 | €3.2m | €2.7m | €3.8m | €4.2m | €4.5m | €2.8m | €0.7m | €4.3m | ▲ 544% |
| Financial income75/76B | - | - | - | €0.002m | €0.02m | €0.05m | €0.1m | €0.4m | ▲ 151% |
| Recurring financial income75 | €0.07m | €0.05m | €0.01m | €0.002m | €0.02m | €0.05m | €0.1m | €0.4m | ▲ 151% |
| Income from financial fixed assets750 | - | - | - | - | €0.02m | €0.05m | €0.1m | €0.2m | ▲ 78.4% |
| Income from current assets751 | - | - | - | €22 | €0.001m | €0.002m | €0.003m | - | - |
| Other financial income752/9 | - | - | - | €0.002m | €0.001m | €0.002m | €0.003m | €0.1m | ▲ 33× |
| Financial charges65/66B | - | - | - | €0.2m | €0.4m | €0.8m | €4.2m | €1.0m | ▼ 76.8% |
| Recurring financial charges65 | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | €0.8m | €1.2m | €1.0m | ▼ 17.7% |
| Debt charges650 | €0.1m | €0.09m | €0.1m | €0.1m | €0.3m | €0.8m | €1.2m | €0.9m | ▼ 20.3% |
| Other financial charges652/9 | - | - | - | €0.005m | €0.008m | €0.02m | €0.02m | €0.04m | ▲ 151% |
| Non-recurring financial charges66B | - | - | - | - | €0.02m | - | €3.0m | - | - |
| Profit (loss) for the period before taxes9903 | €3.2m | €2.6m | €3.7m | €4.1m | €4.2m | €2.0m | -€3.4m | €3.7m | - |
| Transfer from deferred taxes780 | - | - | - | €0.01m | €0.01m | €0.009m | €0.009m | €0.1m | ▲ 16× |
| Income taxes67/77 | €1.0m | €0.9m | €1.1m | €1.3m | €1.4m | €0.9m | €0.3m | €1.9m | ▲ 643% |
| Taxes670/3 | - | - | - | €1.3m | €1.4m | €0.9m | €0.3m | €1.9m | ▲ 584% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €218 | - | €34 | €0.02m | - | - |
| Profit (loss) for the period9904 | €2.2m | €1.7m | €2.6m | €2.8m | €2.8m | €1.1m | -€3.6m | €1.9m | - |
| Transfer from tax-exempt reserves789 | - | - | - | €0.9m | €0.03m | €0.03m | €0.03m | €0.4m | ▲ 16× |
| Transfer to tax-exempt reserves689 | - | - | - | €184 | - | - | - | €0.2m | - |
| Profit (loss) for the period to be appropriated9905 | €2.2m | €2.3m | €3.4m | €3.7m | €2.8m | €1.2m | -€3.6m | €2.2m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €16.8m | €23.8m | €28.1m | €25.3m | €38.0m | €49.7m | €45.3m | €53.8m | ▲ 18.7% |
| Fixed assets21/28 | €3.6m | €3.1m | €6.1m | €8.8m | €15.6m | €27.5m | €24.9m | €20.8m | ▼ 16.5% |
| Intangible fixed assets21 | €480 | - | - | €2.1m | €3.8m | €3.6m | €3.0m | €16.9m | ▲ 462% |
| Tangible fixed assets22/27 | €3.6m | €3.0m | €2.9m | €2.6m | €2.7m | €3.0m | €3.9m | €1.3m | ▼ 67.9% |
| Land and buildings22 | - | - | - | €2.0m | €1.9m | €1.9m | €1.9m | €0.01m | ▼ 99.4% |
| Plant, machinery and equipment23 | - | - | - | €0.6m | €0.7m | €0.8m | €0.9m | €0.8m | ▼ 9.6% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.06m | €0.05m | €0.04m | €0.2m | ▲ 353% |
| Other tangible fixed assets26 | - | - | - | - | €0.009m | €0.1m | €0.1m | €0.2m | ▲ 92.1% |
| Assets under construction and advance payments27 | - | - | - | - | - | - | €1.0m | - | - |
| Financial fixed assets28 | €0.02m | €0.03m | €3.1m | €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 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Participating interests282 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Other financial fixed assets284/8 | - | - | - | €0.03m | €0.04m | €0.03m | €0.05m | €0.09m | ▲ 59.8% |
| Shares284 | - | - | - | €496 | €496 | €496 | €496 | €496 | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.03m | €0.04m | €0.03m | €0.05m | €0.09m | ▲ 60.4% |
| Current assets29/58 | €13.2m | €20.7m | €22.0m | €16.4m | €22.4m | €22.2m | €20.4m | €33.0m | ▲ 61.7% |
| Stocks and contracts in progress3 | €0.6m | €0.1m | €0.2m | €0.3m | €0.2m | €0.3m | €0.3m | €0.07m | ▼ 79.2% |
| Stocks30/36 | - | - | - | €0.3m | €0.2m | €0.3m | €0.3m | €0.07m | ▼ 79.2% |
| Goods purchased for resale34 | - | - | - | €0.3m | €0.2m | €0.3m | €0.3m | €0.07m | ▼ 79.2% |
| Amounts receivable within one year40/41 | €7.1m | €8.8m | €7.2m | €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 | - | - | - | €0.007m | €1.2m | €3.4m | €0.3m | €0.03m | ▼ 91.5% |
| Current investments50/53 | - | - | - | - | €0.08m | - | - | - | - |
| Other investments51/53 | - | - | - | - | €0.08m | - | - | - | - |
| Cash at bank and in hand54/58 | €5.0m | €7.2m | €9.6m | €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 | €16.8m | €23.8m | €28.1m | €25.3m | €38.0m | €49.7m | €45.3m | €53.8m | ▲ 18.7% |
| Equity10/15 | €9.4m | €10.8m | €7.4m | €6.0m | €8.8m | €10.0m | €6.4m | €8.3m | ▲ 30.4% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €2.9m | €3.1m | €3.1m | €3.0m | €3.0m | €3.0m | €3.0m | €2.7m | ▼ 8.9% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Legal reserve130 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Tax-exempt reserves132 | - | - | - | €0.5m | €0.5m | €0.4m | €0.4m | €0.2m | ▼ 63.5% |
| Distributable reserves133 | - | - | - | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Profit (loss) carried forward14 | €6.3m | €7.6m | €4.2m | €2.9m | €5.7m | €6.9m | €3.3m | €5.5m | ▲ 66.8% |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.006m | ▼ 95.9% |
| Provisions for liabilities and charges160/5 | - | - | - | €0.02m | €0.01m | €0.004m | €0.006m | €0.006m | = |
| Pensions and similar obligations160 | - | - | - | €0.02m | €0.01m | €0.004m | €0.006m | €0.006m | = |
| Deferred taxes168 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | - | - |
| Amounts payable17/49 | €7.2m | €12.8m | €20.5m | €19.1m | €29.0m | €39.6m | €38.8m | €45.5m | ▲ 17.2% |
| Amounts payable after more than one year17 | - | - | - | €0.001m | €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 | - | - | - | €0.001m | €0.001m | - | - | - | - |
| Amounts payable within one year42/48 | €6.1m | €6.3m | €13.0m | €11.7m | €15.7m | €21.2m | €17.5m | €26.5m | ▲ 51.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.7m | €1.7m | €1.7m | €4.7m | ▲ 178% |
| Trade debts44 | €2.5m | €3.9m | €4.5m | €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 | - | - | - | €0.3m | €0.6m | €0.3m | €0.8m | €0.8m | ▼ 3.4% |
| Taxes, remuneration and social security45 | - | - | - | €3.1m | €3.2m | €3.8m | €4.2m | €7.9m | ▲ 89.3% |
| Taxes450/3 | - | - | - | €1.0m | €0.9m | €0.9m | €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 | €0.7m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €7.4m | €8.9m | €9.7m | €10.1m | €14.7m | ▲ 46.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.2m | €1.7m | €2.6m | €2.8m | €2.8m | €1.1m | -€3.6m | €1.9m | - |
| + Depreciation and write-downs630 | €0.6m | €0.7m | €0.6m | €0.7m | €0.9m | €1.0m | €1.1m | €2.9m | ▲ 162% |
| Operating cash flow (approximation) | €2.8m | €2.4m | €3.2m | €3.5m | €3.7m | €2.1m | -€2.5m | €4.8m | - |
| Investment in fixed assets (approximation) | - | -€0.2m | -€3.6m | -€3.5m | -€7.6m | -€13.0m | €1.5m | €1.3m | ▼ 16.6% |
| Change in cash | - | €2.2m | €2.4m | -€7.4m | €3.4m | -€3.3m | -€0.05m | €0.7m | - |
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, 733 companies had the same profile as SAVACO has now. Two years later, 97.3% were still going and 1.0% had gone bankrupt.
- Medium-sized
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SAVACO itself: 0.2% within 12 months.
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 733 companies, not a prediction for SAVACO. 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.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 24-07-2026 | 2026-00328065 | |
| 31-12-2024 | full format | 17-06-2025 | 2025-00154689 | |
| 31-12-2023 | full format | 25-07-2024 | 2024-00306257 | |
| 31-12-2022 | full format | 04-05-2023 | 2023-00082677 | |
| 31-12-2021 | full format | 04-05-2022 | 2022-20022231 | |
| 31-12-2020 | full format | 04-05-2021 | 2021-13300050 | |
| 31-12-2019 | full format | 06-05-2020 | 2020-11600125 | |
| 31-12-2018 | full format | 09-07-2019 | 2019-30000235 | |
| 31-12-2017 | full format | 21-06-2018 | 2018-21700493 | |
| 31-12-2016 | full format | 08-06-2017 | 2017-15200366 |
Board & ownership
Directors
Board 1
Day-to-day management 1
Permanent representatives 1
Statutory auditor 1
Owners and capital
Shareholders
1 ownerChain of control
- Savaco Holding
- SAVACO
Owners 1
- Savaco HoldingparentEquity €31.8m Loss of €546,132 in 2025 (loss of €367,387 in 2024)100%
Owners through the years 2018 to 2025
| Name | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Savaco Holding | 100% | |||||||
Source: lists of holdings in the owners' accounts
Capital transactions
- 22-05-2023 Capital stated in the deed · €124,000 · 192,000 shares
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- mandate already running before its first mention
- end not dated
| Name | Functions and periods |
|---|---|
| EIXAMPLE |
|
| CALLENS VANDELANOTTE |
|
| Alshain |
|
| DXioma |
|
| King Stout |
|
| QUIDAM |
|
| Savaco Holding |
|
| SMART DOLPHINS |
|
| VALIZE |
|
| WVDM CONSULT |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 3 directors“Raad van bestuur, 6 jaar”“Overblijvende bestuurders mogen voorlopig voorzien, eerstvolgende algemene vergadering beslist definitieve benoeming, doet tijd uit van…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Algemene vergadering bepaalt wijze overeenkomstig wettelijke bepalingen, bestuursorgaan als vereffenaar ten aanzien van derden bij gebreke…”
Articles of association, deed of 22-05-2023 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2025Equity €31,385 Profit of €115 in 2025 (profit of €90 in 2024) Checked score 8929.5%
Holdings through the years 2008 to 2025
| Name | 2008 | 2009 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QCOM | 12% | 0.12% | 12% | 30.8% | 37.1% | 31.1% | 30.2% | 31.2% | 31.9% | 29.5% | |||||||
| ADVIES EN SERVICE CENTRUM VOOR INFORMATICA | 100% | ||||||||||||||||
| TECHNE IT SOLUTIONS | 100% | ||||||||||||||||
| TRUEGEN | 100% | ||||||||||||||||
| ATRI SERVICES | 100% | ||||||||||||||||
| THRIVES | 100% | ||||||||||||||||
| IT-CARE | 100% | ||||||||||||||||
| ALLROUND BUSINESS COMPUTERS | 100% | 1% | |||||||||||||||
Source: list of holdings in its own accounts
Board mandates elsewhere
1 board mandateAcquisitions and mergers
6 transactionsConnections & network
1 connected companyThe connected companies are in the list below.
Timeline
Deeds, filings and financial milestones
25-09
Gazette deed
Merger: SAVACO takes over TrueGENClosure of the liquidation · Liquidation closed on 31-07-20252 points ▸
- General meeting, 31-07-2025
- Liquidation closure, 31-07-2025
- The deed holds 3 more points.
23-06
Gazette deed
Merger proposal: SAVACO takes over TRUEGENPermanent representatives: Louis Sabbe and Rik Vandemoortele · The company holds all the shares of TRUEGEN · The company holds all the shares of TECHNE IT SOLUTIONS8 points ▸
- Director in office, ALSHAIN, mentioned 4 times in the deed
- Director in office, QUIDAM, mentioned 3 times in the deed
- Permanent representative, Louis Sabbe, mentioned 4 times in the deed
- Permanent representative, Rik Vandemoortele, mentioned 3 times in the deed
- The company holds all the shares of TRUEGEN
- The company holds all the shares of TECHNE IT SOLUTIONS
- The company holds all the shares of ADVIES EN SERVICECENTRUM VOOR INFORMATICA
- Accounting effect, 01-01-2025
- The deed holds 6 more points.
05-12
Gazette deed
Reappointment: NV CALLENS VANDELANOTTE (statutory auditor)Permanent representative: Louis Sabbe4 points ▸
- General meeting, 27-06-2024
- Auditor reappointment, NV CALLENS VANDELANOTTE (statutory auditor)
- Permanent representative, Louis Sabbe
- Director in office, Alshain BV (managing director)
28-09
Gazette deed
Appointment: Eixample BV (director)Permanent representative: Dirk Michiels5 points ▸
- General meeting, 13-09-2023
- Director appointment, Eixample BV
- Permanent representative, Dirk Michiels
- Board meeting, 13-09-2023
- Director appointment, Eixample BV (managing director)
22-05
Gazette deed
4 directors appointed, 8 directors resigning, 2 directors reappointedChanges of role: SAVACO HOLDING, QUIDAM and 2 others · Resignations: SMART DOLPHINS, KING STOUT and 2 others · Reappointments: SAVACO HOLDING (director) and QUIDAM (director)12 points ▸
- Registered office clause, Beneluxpark 19, 8500 Kortrijk
- Director resignation, SAVACO HOLDING
- Director resignation, SMART DOLPHINS
- Director resignation, QUIDAM
- Director reappointment, SAVACO HOLDING
- Director reappointment, QUIDAM
- Director appointment, ALSHAIN
- Director appointment, VALIZE
- Director resignation, KING STOUT (member of the executive committee)
- Director resignation, ALSHAIN (member of the executive committee)
- Director resignation, VALIZE (member of the executive committee)
- Director resignation, DXioma (member of the executive committee)
- The deed holds 18 more points.
13-05
Gazette deed
Merger: Savaco takes over ATRI SERVICESThe company holds all the shares of ATRI SERVICES · The company holds all the shares of Thrives4 points ▸
- General meeting, 29-04-2022
- The company holds all the shares of ATRI SERVICES
- The company holds all the shares of Thrives
- Accounting effect, 01-01-2022
- The deed holds 5 more points.
Show earlier events
24-03
Gazette deed
Merger proposal: SAVACO takes over ATRI SERVICESPermanent representatives: Carl Sabbe, Rik Vandemoortele and Louis Sabbe · The company holds all the shares of ATRI SERVICES · The company holds all the shares of THRIVES9 points ▸
- Director in office, VOF SMART DOLPHINS
- Permanent representative, Carl Sabbe
- Director in office, VOF QUIDAM
- Permanent representative, Rik Vandemoortele
- Director in office, BV ALSHAIN, mentioned twice in the deed
- Permanent representative, Louis Sabbe, mentioned twice in the deed
- The company holds all the shares of ATRI SERVICES
- The company holds all the shares of THRIVES
- Accounting effect, 01-01-2022
- The deed holds 5 more points.
28-01
Gazette deed
Reappointment: VANDELANOTTE BEDRIJFSREVISOREN (statutory auditor)Permanent representatives: Nikolas Vandelanotte, Carl Sabbe and Rik Vandemoortele5 points ▸
- General meeting, 08-04-2021
- Auditor reappointment, VANDELANOTTE BEDRIJFSREVISOREN (statutory auditor)
- Permanent representative, Nikolas Vandelanotte
- Permanent representative, Carl Sabbe
- Permanent representative, Rik Vandemoortele
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
8 activities
- De import en export,groot-en kleinhandel,vertegenwoordiging en dienstverlening in alle vormen van automatisering,computers,software,hardware en ander aanverwant materieel,kantoormaterieel,meubilair en uitrusting,in de meest brede zin van het woord;
- De import en export yan diverse goederen;
- Dienstverlening in verband met bedrijfsorganisatie en beheer;
- Het rechtstreeks verstrekken van of het medewerken aan opleidings- en trainingsprogramma's onder welke vorm ook die direct of indirect betrekking hebben op de aspecten vermeld onder de punten a,b en c;
- Het verwerven,aanhouden en beheren van participaties,onder welke vorm ook,in Belgische of buitenlandse vennootschappen,instellingen of ondernemingen,ongeacht of zij opgericht zijn of nog moeten opgericht worden;
- Het verlenen van advies met betrekking tot het operationeel beheer van vennootschappen en ondernemingen,het verlenen van managementbijstand aan en het uitvoeren van managementtaken in vennootschappen en ondernemingen,evenals het waarnemen van beheer- en/of bestuursfuncties in de meest uitgebreide zin,in Belgische of buitenlandse vennootschappen,instellingen of ondernemingen,ongeacht of zij opgericht zijn of nog moeten opgericht worden;
- Het borg stellen ten gunste van derden;
- Het verwerven,uitbouwen en beheren van alle octrooien,licenties en intellectuele rechten.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24514C0086/00N000 | Flanders | 9,445 m² | 1 · 412 m² | 7.3 m · 2 |
| 34354D0268/00E000 | Flanders | 5,380 m² | 1 · 645 m² | 14.0 m · 4 |