SAVEDUST
ActiveSummary
SAVEDUST has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,054 and a net result of €17. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 32% of 3505 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69=
Solvency54▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.94 in 2024; short-term debt: 27.4% and cash: 17.6% of total assets), and 71.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
28.7%
Return on assets
0%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
133 d late
2022
31 d late
2021
61 d late
2020
122 d late
2019
88 d late
← 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 75 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€99,054=
2024 · €99,036
Total assets
€345,025▼ 6.1%
2024 · €367,491
Net result
€17▼ 96.3%
2024 · €465
Working capital
-€5,438▼ 2.8%
2024 · -€5,290
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€11,583▼ 18.4%€12,759▲ 10.2%€5,779▼ 54.7%€5,320▼ 7.9%€4,439▼ 16.6%
Net result€289▲ 238%€1,761▲ 510%€198▼ 88.7%€465▲ 135%€17▼ 96.3%
Equity€96,611▲ 0.3%€98,373▲ 1.8%€98,571▲ 0.2%€99,036▲ 0.5%€99,054=
Total assets€508,520▼ 4.1%€430,477▼ 15.3%€398,372▼ 7.5%€367,491▼ 7.8%€345,025▼ 6.1%
Debt€411,909▼ 5.1%€332,104▼ 19.4%€299,801▼ 9.7%€268,454▼ 10.5%€245,972▼ 8.4%
Working capital-€78,373-€39,194▲ 50.0%-€28,205▲ 28.0%-€5,290▲ 81.2%-€5,438▼ 2.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 17% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €345,025
Fixed assets
€256,007 ▼ 8.3%
Current assets
€89,018 ▲ 0.9%
Equity and liabilities €345,025
Equity
€99,054 =
Debt
€245,972 ▼ 8.4%
Debt's share of the balance-sheet total falls from 73.1% to 71.3%. Debt is lower.
Key figures and ratios
EBITDA
€54,383▼
2024 · €55,402
Cash flow
€49,961▼
2024 · €50,547
Current ratio
0.94▼
2024 · 0.94
Debt to equity
2.48▼
2024 · 2.71
ROE
0.0%▼
2024 · 0.5%
ROA
0.0%▼
2024 · 0.1%
Interest coverage
14.70▲
2024 · 13.68
Debt ≤ 1 year
€94,456▲
2024 · €93,514
Debt > 1 year
€149,139▼
2024 · €174,940
Income taxes
€1,042▲
2024 · €888
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,500 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.2%
went bankrupt
1.6%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 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% | 1.6% |
| 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 74% 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 4,500 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €4,000 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,624 | €12,438 | €50,962 | €50,082 | €49,944 | ▼ 0.3% |
| Other operating charges640/8 | €3,727 | €5,019 | €3,971 | €2,742 | €4,446 | ▲ 62.1% |
| Gross operating margin9900 | €56,934 | €30,217 | €60,713 | €58,144 | €58,830 | ▲ 1.2% |
| Operating profit (loss)9901 | €11,583 | €12,759 | €5,779 | €5,320 | €4,439 | ▼ 16.6% |
| Financial income75/76B | €43 | €0 | €36 | €83 | €321 | ▲ 287% |
| Recurring financial income75 | €43 | €0 | €36 | €83 | €321 | ▲ 287% |
| Financial charges65/66B | €11,518 | €8,363 | €4,387 | €4,050 | €3,701 | ▼ 8.6% |
| Recurring financial charges65 | €11,518 | €8,363 | €4,387 | €4,050 | €3,701 | ▼ 8.6% |
| Profit (loss) for the period before taxes9903 | €108 | €4,397 | €1,428 | €1,353 | €1,059 | ▼ 21.7% |
| Income taxes67/77 | -€180 | €2,635 | €1,229 | €888 | €1,042 | ▲ 17.4% |
| Profit (loss) for the period9904 | €289 | €1,761 | €198 | €465 | €17 | ▼ 96.3% |
| Profit (loss) for the period to be appropriated9905 | €289 | €1,761 | €198 | €465 | €17 | ▼ 96.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €508,520 | €430,477 | €398,372 | €367,491 | €345,025 | ▼ 6.1% |
| Fixed assets21/28 | €431,630 | €369,879 | €329,349 | €279,267 | €256,007 | ▼ 8.3% |
| Tangible fixed assets22/27 | €431,630 | €369,879 | €329,349 | €279,267 | €256,007 | ▼ 8.3% |
| Land and buildings22 | €360,308 | €301,763 | €276,581 | €240,835 | €231,477 | ▼ 3.9% |
| Furniture and vehicles24 | €71,322 | €68,117 | €52,768 | €38,432 | €24,530 | ▼ 36.2% |
| Current assets29/58 | €76,890 | €60,598 | €69,023 | €88,224 | €89,018 | ▲ 0.9% |
| Amounts receivable within one year40/41 | €59,681 | €45,756 | €25,079 | €45,063 | €10,443 | ▼ 76.8% |
| Trade receivables40 | €56,235 | €42,706 | €24,523 | €44,150 | €10,143 | ▼ 77.0% |
| Other amounts receivable41 | €3,447 | €3,050 | €556 | €914 | €300 | ▼ 67.1% |
| Cash at bank and in hand54/58 | €8,065 | €14,841 | €28,185 | €27,742 | €60,882 | ▲ 119% |
| Deferred charges and accrued income490/1 | €9,143 | - | €15,759 | €15,418 | €17,693 | ▲ 14.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €508,520 | €430,477 | €398,372 | €367,491 | €345,025 | ▼ 6.1% |
| Equity10/15 | €96,611 | €98,373 | €98,571 | €99,036 | €99,054 | = |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €78,011 | €79,773 | €79,971 | €80,436 | €80,454 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €76,151 | €77,913 | €79,971 | €80,436 | €80,454 | = |
| Amounts payable17/49 | €411,909 | €332,104 | €299,801 | €268,454 | €245,972 | ▼ 8.4% |
| Amounts payable after more than one year17 | €256,646 | €229,806 | €202,572 | €174,940 | €149,139 | ▼ 14.7% |
| Financial debts170/4 | €256,646 | €229,806 | €202,572 | €174,940 | €149,139 | ▼ 14.7% |
| Amounts payable within one year42/48 | €155,263 | €99,792 | €97,229 | €93,514 | €94,456 | ▲ 1.0% |
| Current portion of amounts payable after more than one year42 | €26,454 | €26,841 | €27,233 | €27,632 | €25,801 | ▼ 6.6% |
| Trade debts44 | €6,824 | €1,037 | €1,322 | €520 | €299 | ▼ 42.4% |
| Suppliers440/4 | €6,824 | €1,037 | €1,322 | €520 | €299 | ▼ 42.4% |
| Advances received on contracts in progress46 | €9,075 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €904 | €7,717 | €8,621 | €7,342 | €6,667 | ▼ 9.2% |
| Taxes450/3 | €904 | €7,717 | €7,121 | €7,342 | €6,667 | ▼ 9.2% |
| Remuneration and social security454/9 | - | - | €1,500 | - | - | - |
| Other amounts payable47/48 | €112,007 | €64,198 | €60,053 | €58,020 | €61,689 | ▲ 6.3% |
| Accrued charges and deferred income492/3 | - | €2,507 | - | - | €2,376 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €289 | €1,761 | €198 | €465 | €17 | ▼ 96.3% |
| + Depreciation and write-downs630 | €41,624 | €12,438 | €50,962 | €50,082 | €49,944 | ▼ 0.3% |
| Operating cash flow (approximation) | €41,913 | €14,200 | €51,161 | €50,547 | €49,961 | ▼ 1.2% |
| Investment in fixed assets (approximation) | - | €49,313 | -€10,432 | €0 | -€26,684 | - |
| Change in cash | - | €6,776 | €13,343 | -€442 | €33,139 | ▲ 7,591% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €17 ▼96.3%
Net result drops to €17, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 133 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 138 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
16-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 77 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Gent · 1 establishment unit since 2009
Ground area
589 m²
Building footprint
117 m²
Volume, LiDAR
720 m³
Parcel 44432C1065/00D006, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Asterdreef 19, 9040 Gent
since 20092.176.994.556
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C1065/00D006 | Flanders | 588 m² | 1 · 117 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,526 companies in sector 74301 we hold annual accounts for 720. 603 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-03-2009
Fiscal year end31-12
Activities, NACEBEL 2025
74301Translation services
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
46190Agents in non-specialised wholesale trade
64210Activities of holding companies
85599Other education
96999Other personal services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0810508838
Also
9925:BE0810508838
Registered
15-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.