SAVECO
ActiveSummary
SAVECO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €16,336. Equity remains stable across the filed fiscal years (±0.8% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability40=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 9.73 against 6.6 in 2024; short-term debt: 2.6% and cash: 0% of total assets), and 2.6% of the assets are financed with debt.
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Signals
Five 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 dateAge against the risk zone
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
97.4%
Return on assets
1%
Age of the figures
9 mo
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 21-07-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
38 d early
2023
61 d late
2022
14 d early
2021
87 d late
2020
40 d late
2019
117 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 35 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.6m▲ 1.1%
2024 · €1.6m
Total assets
€1.6m▼ 0.3%
2024 · €1.6m
Net result
€16,336▲ 1.2%
2024 · €16,141
Working capital
€368,626▲ 4.6%
2024 · €352,290
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€8,683€17,810▲ 105%€18,475▲ 3.7%€22,101▲ 19.6%€22,686▲ 2.6%
Net result€8,638▲ 900%€15,670▲ 81.4%€13,234▼ 15.5%€16,141▲ 22.0%€16,336▲ 1.2%
Equity€1.5m▲ 0.6%€1.5m▲ 1.0%€1.5m▲ 0.9%€1.6m▲ 1.1%€1.6m▲ 1.1%
Total assets€1.6m▲ 0.8%€1.6m▲ 1.6%€1.6m▲ 0.8%€1.6m▲ 1.3%€1.6m▼ 0.3%
Debt€49,771▲ 9.1%€59,638▲ 19.8%€58,594▼ 1.8%€62,865▲ 7.3%€42,230▼ 32.8%
Working capital€307,244▲ 2.9%€322,915▲ 5.1%€336,149▲ 4.1%€352,290▲ 4.8%€368,626▲ 4.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€1.2m =
Current assets
€410,856 ▼ 1.0%
Equity and liabilities €1.6m
Equity
€1.6m ▲ 1.1%
Debt
€42,230 ▼ 32.8%
Debt's share of the balance-sheet total falls from 3.9% to 2.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
9.73▲
2024 · 6.60
Debt to equity
0.03▼
2024 · 0.04
ROE
1.0%▲
2024 · 1.0%
ROA
1.0%▲
2024 · 1.0%
Debt ≤ 1 year
€42,230▼
2024 · €62,865
Income taxes
€6,071▲
2024 · €5,876
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 14,733 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €5,166 | €9,350 | €2,486 | €2,429 | €1,392 | ▼ 42.7% |
| Non-recurring operating charges66A | €138 | - | - | - | - | - |
| Gross operating margin9900 | €13,987 | €27,160 | €20,961 | €24,530 | €24,078 | ▼ 1.8% |
| Operating profit (loss)9901 | €8,683 | €17,810 | €18,475 | €22,101 | €22,686 | ▲ 2.6% |
| Financial charges65/66B | €45 | €2,140 | €109 | €84 | €279 | ▲ 232% |
| Recurring financial charges65 | €45 | €2,140 | €109 | €84 | €279 | ▲ 232% |
| Profit (loss) for the period before taxes9903 | €8,638 | €15,670 | €18,366 | €22,017 | €22,407 | ▲ 1.8% |
| Income taxes67/77 | - | - | €5,132 | €5,876 | €6,071 | ▲ 3.3% |
| Profit (loss) for the period9904 | €8,638 | €15,670 | €13,234 | €16,141 | €16,336 | ▲ 1.2% |
| Profit (loss) for the period to be appropriated9905 | €8,638 | €15,670 | €13,234 | €16,141 | €16,336 | ▲ 1.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | ▼ 0.3% |
| Fixed assets21/28 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Tangible fixed assets22/27 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Land and buildings22 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Current assets29/58 | €357,015 | €382,553 | €394,743 | €415,155 | €410,856 | ▼ 1.0% |
| Amounts receivable within one year40/41 | €355,127 | €378,277 | €390,742 | €414,426 | €410,184 | ▼ 1.0% |
| Trade receivables40 | €20,000 | €43,150 | €19,553 | €20,000 | €18,858 | ▼ 5.7% |
| Other amounts receivable41 | €335,127 | €335,127 | €371,189 | €394,426 | €391,326 | ▼ 0.8% |
| Cash at bank and in hand54/58 | €238 | €2,626 | €2,351 | €729 | €672 | ▼ 7.8% |
| Deferred charges and accrued income490/1 | €1,650 | €1,650 | €1,650 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | ▼ 0.3% |
| Equity10/15 | €1.5m | €1.5m | €1.5m | €1.6m | €1.6m | ▲ 1.1% |
| Contributions10/11 | €421,667 | €421,667 | €421,667 | €421,667 | €421,667 | = |
| Capital10 | €421,667 | €421,667 | €421,667 | €421,667 | €421,667 | = |
| Issued capital100 | €421,667 | €421,667 | €421,667 | €421,667 | €421,667 | = |
| Revaluation surpluses12 | €974,940 | €974,940 | €974,940 | €974,940 | €974,940 | = |
| Reserves13 | €42,167 | €42,167 | €42,167 | €42,167 | €42,167 | = |
| Non-distributable reserves130/1 | €42,167 | €42,167 | €42,167 | €42,167 | €42,167 | = |
| Legal reserve130 | €42,167 | €42,167 | €42,167 | €42,167 | €42,167 | = |
| Profit (loss) carried forward14 | €68,577 | €84,248 | €97,482 | €113,623 | €129,959 | ▲ 14.4% |
| Amounts payable17/49 | €49,771 | €59,638 | €58,594 | €62,865 | €42,230 | ▼ 32.8% |
| Amounts payable within one year42/48 | €49,771 | €59,638 | €58,594 | €62,865 | €42,230 | ▼ 32.8% |
| Trade debts44 | €10,971 | €1,803 | €1,190 | - | €6,109 | - |
| Suppliers440/4 | €10,971 | €1,803 | €1,190 | - | €6,109 | - |
| Taxes, remuneration and social security45 | - | - | €4,902 | €5,876 | €5,947 | ▲ 1.2% |
| Taxes450/3 | - | - | €4,902 | €5,876 | €5,947 | ▲ 1.2% |
| Other amounts payable47/48 | €38,800 | €57,835 | €52,502 | €56,989 | €30,174 | ▼ 47.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,638 | €15,670 | €13,234 | €16,141 | €16,336 | ▲ 1.2% |
| Operating cash flow (approximation) | €8,638 | €15,670 | €13,234 | €16,141 | €16,336 | ▲ 1.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €2,388 | -€275 | -€1,622 | -€57 | ▲ 96.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
2021
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
31-12
Financial
Weakest financial yearnet €864 ▼35.5%
Net result drops to €864, the lowest in the series; recovery starts the following year.
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 9.23
Current ratio from 4.13 to 9.23; short-term debt falls from €94,803 to €36,160.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Sint-Niklaas · 1 establishment unit since 1987
Ground area
1.1 ha
Building footprint
3,590 m²
Volume, LiDAR
40,745 m³
2 parcels, Flanders · tallest building 21.8 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SAVECO
since 19872.033.832.157
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46017A0947/00N000 | Flanders | 6,785 m² | 1 · 593 m² | 9.5 m · 2 fl. |
| 46017A0965/00P000 | Flanders | 4,675 m² | 1 · 2,997 m² | 21.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded05-01-1987
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430253594
Also
9925:BE0430253594
Registered
20-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.