SAVASAN
ActiveThe computed 12-month bankruptcy probability of SAVASAN is 2.2% (moderate). The 2025 annual accounts show equity of €174k and a net result of €41k. Equity is growing by ~32.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 13071 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+37
Solvency100▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 33.28 against 2.15 in 2024), and 2.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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
97.2%
Return on assets
23.1%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-12-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
57 d early
2023
51 d early
2022
64 d early
2021
47 d early
2020
94 d late
2019
108 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€41k▲ 149%
2024 · €17k
2019: €8k
2020: €12k
2021: €-11k
2022: €74k
2023: €9k
2024: €17k
2019 → 2025
Working capital
€161k▲ 25.6%
2024 · €128k
2019: €21k
2020: €67k
2021: €32k
2022: €93k
2023: €109k
2024: €128k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€107k▲ 220%€116k▲ 8.6%€133k▲ 14.3%€174k▲ 31.1%
Operating result€-8k-€82k€26k▼ 68.8%€33k▲ 28.8%€53k▲ 59.9%
Net result€-11k-€74k€9k▼ 87.5%€17k▲ 80.8%€41k▲ 149%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 60% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179k
Fixed assets
€13k▲ 185%
Current assets
€166k▼ 30.8%
Equity and liabilities €179k
Equity
€174k▲ 31.1%
Debt
€5k▼ 95.5%
The debt ratio falls from 45.7% to 2.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€58k▲
2024 · €35k
Cash flow
€47k▲
2024 · €18k
Solvency
97.2%▲
2024 · 54.3%
Current ratio
33.28▲
2024 · 2.15
Quick ratio
29.62▲
2024 · 2.00
Debt / equity
0.03▼
2024 · 0.84
ROE
23.7%▲
2024 · 12.5%
ROA
23.1%▲
2024 · 6.8%
Interest coverage
72.94▲
2024 · 46.81
Debt
€5k▼
2024 · €112k
Debt ≤ 1 year
€5k▼
2024 · €112k
Income taxes
€11k▼
2024 · €16k
Staff costs
€223k▲
2024 · €165k
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€245k€179k▼
Fixed assets21/28€5k€13k▲
Tangible fixed assets22/27€4k€13k▲
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26-€10k
Financial fixed assets28€475€475=
Current assets29/58€240k€166k▼
Stocks and contracts in progress3€16k€18k▲
Stocks30/36€16k€18k▲
Amounts receivable within one year40/41-€114k
Other amounts receivable41-€114k
Cash at bank and in hand54/58€224k€34k▼
Equity and liabilities
Total equity and liabilities10/49€245k€179k▼
Equity10/15€133k€174k▲
Contributions10/11€19k€20k▲
Capital10€19k-
Issued capital100€19k-
Outside capital11-€20k
Other1109/19-€20k
Reserves13€2k-
Non-distributable reserves130/1€2k-
Legal reserve130€2k-
Profit (loss) carried forward14€112k€154k▲
Amounts payable17/49€112k€5k▼
Amounts payable within one year42/48€112k€5k▼
Trade debts44€22k€3k▼
Suppliers440/4€22k€3k▼
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Other amounts payable47/48€85k-
Income statement
Code20242025
Remuneration, social security and pensions62€165k€223k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k▲
Other operating charges640/8€11k€2k▼
Gross operating margin9900€211k€283k▲
Operating profit (loss)9901€33k€53k▲
Financial charges65/66B€739€797▲
Recurring financial charges65€739€797▲
Profit (loss) for the period before taxes9903€32k€52k▲
Income taxes67/77€16k€11k▼
Profit (loss) for the period9904€17k€41k▲
Profit (loss) for the period to be appropriated9905€17k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€112k€154k▲
Profit (loss) brought forward from the previous period14P€96k€112k▲
The notes to these accounts (7 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
2025
30-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Liquidity times 16current ratio 33.28
Current ratio from 2.15 to 33.28; short-term debt falls from €112k to €5k.
30-06
Financial
Equity above €150kEq €174k ▲31.1%
4 profitable years in a row build equity to €174k.
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 5.62
Current ratio from 2.54 to 5.62; short-term debt falls from €60k to €24k.
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €74k
Net result €74k after one loss-making year.
30-06
Financial
Equity above €100kEq €107k ▲220%
Equity rises from €33k to €107k.
2021
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
30-06
Financial
Weakest financial yearnet €-11k ▼192%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
05-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 94 days late
2020
30-06
Financial
Liquidity doublescurrent ratio 2.78
Current ratio from 1.15 to 2.78; short-term debt falls from €144k to €38k.
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 108 days late
2018
05-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 5 days late
2017
09-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
2016
29-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 2010
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 Wandstraat 951020 BrusselGround area
611 m²
Building footprint
264 m²
Volume, LiDAR
1,935 m³
Parcel 21818E0219/00P003, Brussels · tallest building 13.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOCCA
since 20102.192.967.189
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818E0219/00P003 | Brussels | 611 m² | 1 · 263 m² | 13.3 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.192.967.189
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Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 8,731 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-09-2010
Fiscal year end30-06
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.