SAVE
ActiveSummary
SAVE has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€11,925) and a net result of -€2,664. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 10% of 9,627 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- -€11,925
- Loss
- -€2,664
Why 55raises riskCapped at 59: negative equityNegative equity -€11,925lowers riskSize: total assets €62,494Founded in 1990Sector: Office administrative, office support and other business support activities (NACE 82)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 82, micro): better than 10% on solvency, 84% on liquidity, 33% on profitability and 18% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 24 days after the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (9 days) Filed on 9 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00389138.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €1,878 in 2025 against €716 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 2,796 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90.3% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,796 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €22,880 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,086 | €10,873 | €10,873 | €10,311 | €315 | €13,083 | €13,083 | €13,083 | = |
| Other operating charges640/8 | - | - | - | €555 | €373 | €40 | - | - | - |
| Gross operating margin9900 | €19,962 | €18,657 | €17,729 | €19,867 | €39,223 | €9,554 | €12,367 | €11,205 | ▼ 9.4% |
| Operating profit (loss)9901 | €7,055 | €5,956 | €6,493 | €9,001 | €38,536 | -€3,569 | -€716 | -€1,878 | ▼ 162% |
| Financial income75/76B | - | - | - | - | €16 | - | - | €0 | - |
| Recurring financial income75 | - | €152 | - | - | €16 | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €204 | €363 | €806 | €628 | €445 | ▼ 29.1% |
| Recurring financial charges65 | €396 | €335 | €352 | €204 | €363 | €806 | €628 | €445 | ▼ 29.1% |
| Profit (loss) for the period before taxes9903 | €6,658 | €5,773 | €6,141 | €8,797 | €38,188 | -€4,376 | -€1,344 | -€2,323 | ▼ 72.8% |
| Income taxes67/77 | €4,375 | €4,444 | €3,400 | €3,955 | €8,987 | €108 | €95 | €341 | ▲ 258% |
| Profit (loss) for the period9904 | €2,283 | €1,328 | €2,741 | €4,842 | €29,201 | -€4,484 | -€1,440 | -€2,664 | ▼ 85.0% |
| Profit (loss) for the period to be appropriated9905 | €2,283 | €1,328 | €2,741 | €4,842 | €29,201 | -€4,484 | -€1,440 | -€2,664 | ▼ 85.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €60,969 | €48,783 | €40,034 | €30,082 | €124,652 | €84,692 | €76,264 | €62,494 | ▼ 18.1% |
| Fixed assets21/28 | €31,522 | €21,309 | €10,436 | €125 | €66,805 | €53,722 | €40,639 | €27,556 | ▼ 32.2% |
| Tangible fixed assets22/27 | €31,397 | €21,184 | €10,311 | €0 | €66,680 | €53,597 | €40,514 | €27,431 | ▼ 32.3% |
| Plant, machinery and equipment23 | - | - | - | - | €3,160 | €2,844 | €2,528 | €2,212 | ▼ 12.5% |
| Furniture and vehicles24 | - | - | - | - | €63,520 | €50,753 | €37,986 | €25,219 | ▼ 33.6% |
| Financial fixed assets28 | €125 | €125 | €125 | €125 | €125 | €125 | €125 | €125 | = |
| Current assets29/58 | €29,447 | €27,474 | €29,598 | €29,957 | €57,848 | €30,970 | €35,626 | €34,938 | ▼ 1.9% |
| Amounts receivable within one year40/41 | €14,936 | €11,964 | €6,374 | €3,265 | €3,111 | €19,041 | €10,201 | €11,577 | ▲ 13.5% |
| Trade receivables40 | - | - | - | €3,265 | €1,557 | €16,786 | €10,201 | €11,577 | ▲ 13.5% |
| Other amounts receivable41 | - | - | - | - | €1,554 | €2,255 | - | - | - |
| Cash at bank and in hand54/58 | €11,551 | €13,234 | €21,560 | €22,808 | €51,953 | €9,094 | €23,239 | €21,054 | ▼ 9.4% |
| Deferred charges and accrued income490/1 | - | - | - | €3,884 | €2,783 | €2,835 | €2,185 | €2,307 | ▲ 5.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €60,969 | €48,783 | €40,034 | €30,082 | €124,652 | €84,692 | €76,264 | €62,494 | ▼ 18.1% |
| Equity10/15 | -€41,450 | -€40,122 | -€37,381 | -€32,539 | -€3,338 | -€7,822 | -€9,261 | -€11,925 | ▼ 28.8% |
| Contributions10/11 | €6,532 | €6,532 | €6,532 | €6,532 | €6,532 | €6,532 | €6,532 | €6,532 | = |
| Reserves13 | €2,283 | €2,283 | €2,283 | €2,283 | €2,283 | €2,283 | €2,283 | €2,283 | = |
| Distributable reserves133 | - | - | - | €2,283 | €2,283 | €2,283 | €2,283 | €2,283 | = |
| Profit (loss) carried forward14 | -€50,266 | -€48,937 | -€46,196 | -€41,354 | -€12,153 | -€16,637 | -€18,077 | -€20,740 | ▼ 14.7% |
| Amounts payable17/49 | €102,419 | €88,905 | €77,414 | €62,621 | €127,990 | €92,514 | €85,526 | €74,419 | ▼ 13.0% |
| Amounts payable after more than one year17 | €82,178 | €76,169 | €67,101 | €47,000 | €100,280 | €85,378 | €70,287 | €65,433 | ▼ 6.9% |
| Other amounts payable178/9 | - | - | - | €47,000 | €100,280 | €85,378 | €70,287 | €65,433 | ▼ 6.9% |
| Amounts payable within one year42/48 | €20,241 | €12,736 | €10,313 | €15,621 | €27,710 | €7,136 | €15,238 | €8,986 | ▼ 41.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,101 | €4,720 | €4,902 | €5,091 | €4,854 | ▼ 4.6% |
| Trade debts44 | €1,043 | €993 | €513 | €3,455 | €4,589 | €1,465 | €118 | €203 | ▲ 71.1% |
| Suppliers440/4 | - | - | - | €3,455 | €4,589 | €1,465 | €118 | €203 | ▲ 71.1% |
| Taxes, remuneration and social security45 | - | - | - | €2,915 | €6,987 | €108 | €1,886 | €1,899 | ▲ 0.7% |
| Taxes450/3 | - | - | - | €2,915 | €6,987 | €108 | €1,886 | €1,899 | ▲ 0.7% |
| Other amounts payable47/48 | - | - | - | €4,150 | €11,414 | €661 | €8,143 | €2,030 | ▼ 75.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,283 | €1,328 | €2,741 | €4,842 | €29,201 | -€4,484 | -€1,440 | -€2,664 | ▼ 85.0% |
| + Depreciation and write-downs630 | €11,086 | €10,873 | €10,873 | €10,311 | €315 | €13,083 | €13,083 | €13,083 | = |
| Operating cash flow (approximation) | €13,369 | €12,202 | €13,615 | €15,153 | €29,516 | €8,599 | €11,643 | €10,419 | ▼ 10.5% |
| Investment in fixed assets (approximation) | - | -€660 | €0 | -€0 | -€66,994 | €0 | €0 | €0 | - |
| Change in cash | - | €1,682 | €8,326 | €1,248 | €29,145 | -€42,859 | €14,146 | -€2,186 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 09-08-2026 | 2026-00389138 |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00331618 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00404458 |
| 31-12-2022 | micro format | 01-08-2023 | 2023-00301620 |
| 31-12-2021 | micro format | 10-08-2022 | 2022-20280448 |
| 31-12-2020 | micro format | 17-08-2021 | 2021-48900278 |
| 31-12-2019 | micro format | 10-11-2020 | 2020-69700254 |
| 31-12-2018 | micro format | 31-08-2019 | 2019-62000162 |
| 31-12-2017 | micro format | 22-09-2018 | 2018-64400466 |
| 31-12-2016 | micro format | 15-08-2017 | 2017-44600124 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
04-03
Gazette deed
Purpose · Amendment of the articles · Legal-form change · Resignations & appointmentsCustody of records · Purpose change · Legal-form conversion11 facts ▸
- General meeting, “1850 Grimbergen,Steenpoeldreef 11, éénparigheid van stemmen” (deed in Dutch)
- Other provision, “kennisname en goedkeuring verslag bestuursorgaan betreffende wijziging voorwerp, geen opmerkingen” (deed in Dutch)
- Custody of records, “verslag van het bestuursorgaan, elektronisch dossier van ondergetekende notaris” (deed in Dutch)
- Purpose change
- Amendment of the articles (2 times)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “beschikbare eigenvermogensrekening” (deed in Dutch)
- Capital
- Board composition, DE CNIJF Herman Jan Henri Jozef (director)
- Registered office clause, “1850 Grimbergen,Steenpoeldreef 11” (deed in Dutch)
- Power of attorney
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23402E0166/00E000 | Flanders | 1,307 m² | 1 · 204 m² | 8.8 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verrichten van diensten die rechtstreeks en uitsluitend betrekking hebben op de uitoefening van het beroep van de vennoten zelf in het…” (deed in Dutch)
7 activities (deed in Dutch)
- Het verrichten van diensten die rechtstreeks en uitsluitend betrekking hebben op de uitoefening van het beroep van de vennoten zelf in het algemeen
- Het ter beschikking stellen van bepaalde middelen (gebouwen,inrichting,meubilair,andere apparatuur en uitrusting,computer,administratieve diensten,enzovoort) nodig voor de uitoefening van de beroepswerkzaamheid als gecertificeerd (fiscaal) accountant en gecertificeerd belastingadviseur
- Leningsovereenkomsten afsluiten met het oog op de financiering van haar activiteiten
- Een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven,in België of in het buitenland,bij wijze van inbreng in speciën of in natura,van fusie,inschrijving,deelneming,financiële tussenkomst of op een andere wijze
- Samenwerken met,deelnemen in,of op gelijk welke wijze,rechtstreeks of onrechtstreeks,belangen nemen in andere ondernemingen
- Optreden als bestuurder,volmachtdrager,mandataris of vereffenaar in andere vennootschappen of ondernemingen,waarvan het voorwerp identiek,gelijkaardig of verwant is met het hare
- Alle industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of te dele te vergemakkelijken
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SAVE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij beslissing bestuursorgaan exploitatiezetels,administratieve zetels,filialen,agentschappen en depots in België of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 11 - Bevoegdheden van het bestuursorgaan - Strijdig belang - Externe vertegenwoordiging (handtekeningsbevoegdheid) 11.1. - Interne…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, aantal,duur,bevoegdheid bij meerdere” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht onder levenden en overgang door overlijden, onderstaande regels van toepassing” (deed in Dutch)1 more provision on this in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Uitgifte bevoegdheid, algemene vergadering” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Afsluiting lopende boekjaar, vereisten statutenwijziging” (deed in Dutch)“Onder voorwaarden Wetboek van vennootschappen en verenigingen, ontbinding en sluiting vereffening in één akte” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meer vereffenaars, alle machten die wet,statuten of benoemingsbesluit bepaalt” (deed in Dutch)