Save the Children Europe
ActiveSummary
Save the Children Europe has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €144k and a net result of €-80k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 1740 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-75
Solvency54▼-8
Growth61▼-13
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.92 in 2023; short-term debt: 55.9% and cash: 41.4% of total assets), but 70.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
29.1%
Return on assets
-16.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
5 d late
2022
85 d late
2021
107 d late
2020
376 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€2.79M▲ 17.7%
2023 · €2.37M
2022: €2.15M
2023: €2.37M
2022 → 2024
EBIT margin
-2.0%▼ 6.2pp
2023 · 4.2%
2022: 6.3%
2023: 4.2%
2022 → 2024
Net result
€-80k
2023 · €90k
2020: €48k
2021: €-53k
2022: €132k
2023: €90k
2020 → 2024
Working capital
€218k▼ 24.2%
2023 · €287k
2020: €132k
2021: €52k
2022: €280k
2023: €287k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.15M€2.37M▲ 10.0%€2.79M▲ 17.7%
Equity€48k-€-4k€127k€224k▲ 76.3%€144k▼ 35.9%
Operating result€97k-€-48k€135k€100k▼ 25.9%€-55k
Net result€48k-€-53k€132k€90k▼ 31.6%€-80k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €55k after €100k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €493k
Equity
€144k ▼ 35.9%
Debt
€350k ▼ 6.6%
Debt's share of the balance-sheet total rises from 62.6% to 70.9%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.79▼
2023 · 1.92
Debt to equity
2.44▲
2023 · 1.67
ROE
-56.0%▼
2023 · 40.1%
ROA
-16.3%▼
2023 · 15.0%
Debt ≤ 1 year
€276k▼
2023 · €312k
Staff costs
€2.05M▲
2023 · €1.55M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€599k€493k▼
Current assets29/58€599k€493k▼
Amounts receivable within one year40/41€290k€287k▼
Trade receivables40€290k€287k▼
Cash at bank and in hand54/58€293k€204k▼
Deferred charges and accrued income490/1€15k€3k▼
Equity and liabilities
Total equity and liabilities10/49€599k€493k▼
Equity10/15€224k€144k▼
Reserves13€182k€141k▼
Profit (loss) carried forward14€42k€3k▼
Amounts payable17/49€375k€350k▼
Amounts payable within one year42/48€312k€276k▼
Current portion of amounts payable after more than one year42€1k€25k▲
Financial debts43€393-
Credit institutions430/8€393-
Taxes, remuneration and social security45€189k€190k▲
Remuneration and social security454/9€189k€190k▲
Accrued charges and deferred income492/3€63k€74k▲
Income statement
Code20232024
Turnover70€2.37M€2.79M▲
Goods, raw materials, services and sundry goods60/61€719k€788k▲
Remuneration, social security and pensions62€1.55M€2.05M▲
Other operating charges640/8-€7k
Gross operating margin9900€1.65M€2.00M▲
Operating profit (loss)9901€100k€-55k▼
Financial charges65/66B€10k€26k▲
Recurring financial charges65€10k€26k▲
Profit (loss) for the period before taxes9903€90k€-80k▼
Profit (loss) for the period9904€90k€-80k▼
Profit (loss) for the period to be appropriated9905€90k€-80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€130k€-38k▼
Profit (loss) brought forward from the previous period14P€40k€42k▲
From contributions791-€41k
To contributions691€88k-
Social balance
Average headcount (FTE)908716.417.6▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-80k ▼189%
Net result drops to €-80k, the lowest in the series.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 5 days late
2023
31-12
Financial
Equity above €200kEq €224k ▲76.3%
2 profitable years in a row build equity to €224k.
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 85 days late
2022
31-12
Financial
Back to profitnet €132k
Net result €132k after one loss-making year.
31-12
Financial
Equity above €100kEq €127k
Equity rises from €-4k to €127k.
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 107 days late
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 376 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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 2019
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.
Maria-Theresiastraat 211000 BrusselGround area
2,229 m²
Building footprint
198 m²
Volume, LiDAR
3,264 m³
2 parcels, Brussels · tallest building 20.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Save the Children Europe
since 20192.289.849.405
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0022/00R003 | Brussels | 1,196 m² | 1 · 198 m² | 20.1 m · 6 fl. |
| 21442A0009/00X007 | Brussels | 1,034 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Mirlex
BE 0768.695.997
Mechelen · Eq €143,601
ADVOCAAT LIESBET DE MUNCK
BE 0816.908.561
Grimbergen · Eq €143,648
Charlotte Reabel
BE 0802.359.848
Antwerpen · Eq €143,679
Cabinet d'avocats Davreux
BE 0824.324.311
Wellin · Eq €143,546
Advocatenkantoor Daneels & Co
BE 0687.832.047
Gent · Eq €143,760
Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 7,532 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formInt'l non-profit association
Founded12-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.