SAVEMA
InactiveSAVEMA was declared bankrupt on 21-12-2021 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed by liquidation by judgment of 15-04-2025, published in the Belgian State Gazette on 22-04-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 30-11-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-11-2021 close30-06-2022 deadline26-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-11-2020 was due by 30-06-2021 and was filed on 06-12-2021, 159 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
159 d late
2019
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 95 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 (1)
History
Financials · fiscal year 2020, micro schema
Equity
-€1.6m▼ 2.7%
2019 · -€1.5m
Total assets
€38,478▼ 43.3%
2019 · €67,861
Net result
-€41,518▲ 96.9%
2019 · -€1.3m
Working capital
-€1.6m▼ 2.7%
2019 · -€1.5m
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
Line201820192020
Operating result€3,353--€1.3m-€41,430▲ 96.9%
Net result€5,173--€1.3m-€41,518▲ 96.9%
Equity-€176,922--€1.5m▼ 760%-€1.6m▼ 2.7%
Total assets€2.4m-€67,861▼ 97.2%€38,478▼ 43.3%
Debt€2.6m-€1.6m▼ 38.2%€1.6m▲ 0.8%
Working capital-€1.9m--€1.5m▲ 21.9%-€1.6m▼ 2.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €41,430 in 2020 against €1.3m in 2019; the loss shrinks.
Key figures and ratios
Current ratio
0.02▼
2019 · 0.04
ROA
-107.9%
Debt ≤ 1 year
€1.6m▲
2019 · €1.6m
A ratio outside any meaningful range has been withheld (balance sheet total €38,478, equity -€1.6m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | €4,370 | -€21,630 | -€5,430 | ▲ 74.9% |
| Operating profit (loss)9901 | €3,353 | -€1.3m | -€41,430 | ▲ 96.9% |
| Recurring financial income75 | €31,325 | - | - | - |
| Recurring financial charges65 | €29,505 | €112 | €88 | ▼ 21.5% |
| Profit (loss) for the period before taxes9903 | €5,173 | -€1.3m | -€41,518 | ▲ 96.9% |
| Profit (loss) for the period9904 | €5,173 | -€1.3m | -€41,518 | ▲ 96.9% |
| Profit (loss) for the period to be appropriated9905 | €5,173 | -€1.3m | -€41,518 | ▲ 96.9% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2.4m | €67,861 | €38,478 | ▼ 43.3% |
| Fixed assets21/28 | €1.8m | - | - | - |
| Financial fixed assets28 | €1.8m | - | - | - |
| Current assets29/58 | €622,604 | €67,861 | €38,478 | ▼ 43.3% |
| Amounts receivable within one year40/41 | €199,610 | €67,845 | €34,434 | ▼ 49.2% |
| Cash at bank and in hand54/58 | €110 | €16 | €45 | ▲ 186% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2.4m | €67,861 | €38,478 | ▼ 43.3% |
| Equity10/15 | -€176,922 | -€1.5m | -€1.6m | ▼ 2.7% |
| Contributions10/11 | €75,000 | €75,000 | €75,000 | = |
| Reserves13 | €7,500 | €7,500 | €7,500 | = |
| Profit (loss) carried forward14 | -€259,422 | -€1.6m | -€1.6m | ▼ 2.6% |
| Amounts payable17/49 | €2.6m | €1.6m | €1.6m | ▲ 0.8% |
| Amounts payable within one year42/48 | €2.6m | €1.6m | €1.6m | ▲ 0.8% |
| Trade debts44 | €868 | €9,262 | - | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,173 | -€1.3m | -€41,518 | ▲ 96.9% |
| Operating cash flow (approximation) | €5,173 | -€1.3m | -€41,518 | ▲ 96.9% |
| Change in cash | - | -€95 | €29 | ▲ 131% |
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
2025
22-04
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 15-04-2025
2021
27-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 21-12-2021
06-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 159 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
30-11
Financial
Weakest financial yearnet -€1.3m
Net result drops to -€1.3m, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 24 days late
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 18 days late
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
11-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 42 days late
2014
08-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 39 days late
2013
18-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
26-04
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARK BRUURS ALPHENSEWEG 12, 2387 BAARLE-
HERTOG |
21-12-2021 → 15-04-2025 |