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SAVAS

Active
Private limited companyfounded 200521 yrs activeRue Basse-Cornet, Fra. 55, 5660 Couvin, BelgiumKBO/BCE: BE 0871.529.063
Summary

SAVAS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,190 and a net result of €2,167. Equity is shrinking by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 87% of 11693 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

What they do
Wholesale of timber
NACE 46832NACE 46732NACE 51531
1 site
How big
€148,289turnover 2025
Equity
€27,190
Profit
€2,167
Financially healthy?
74 Healthy Checked score 2025
Bankruptcy chance 12 m
0.5%
Who decides
Accounts 30 d early0 of 6 deeds read
Why 74- Higher-failure-rate sector- Higher-failure-rate region+ Long track record+ Annual accounts: healthy financial profile+ Growing equityLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability61▼-13
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 3.79 against 7.18 in 2024; short-term debt: 12.4% and cash: 1.3% of total assets), and 12.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
87.6%
Return on assets
7%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €27,190
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
2 d early
2023
on the day
2022
4 d early
2021
3 d early
2020
8 d early
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

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. Usually files around 28 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Liquidity doublescurrent ratio 7.18

Key points

  • Positive: Among the best 13% on solvencysector median 42.0% · 11,693 companies 87.6% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Turnover 2025first fiscal year filed €148,289 View

By topic

Financials

Fiscal year
2025
Turnover
€148,289
Profit
€2,167
Solvency
87.6%
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 01-07-2026Annual accounts filed
  2. 29-07-2025Annual accounts filed
  3. 31-12-2024Liquidity doubles
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of timberNACE 46832
Founded
28-01-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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