Savemak Vastgoed
ActiveSavemak Vastgoed has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €205k and a net result of €20k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 49% of 19354 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▲+49
Solvency55▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.26 in 2023; short-term debt: 70.5% and cash: 85.5% of total assets), and 70.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
22 d early
2022
60 d late
2021
6 d early
2020
17 d early
2019
75 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€205k▲ 11.0%
2023 · €185k
2018: €83k
2019: €179k
2020: €181k
2021: €195k
2022: €219k
2023: €185k
2018 → 2024
Total assets
€695k▼ 1.4%
2023 · €705k
2018: €375k
2019: €386k
2020: €372k
2021: €958k
2022: €652k
2023: €705k
2018 → 2024
Net result
€20k
2023 · €-35k
2018: €67k
2019: €96k
2020: €53k
2021: €79k
2022: €24k
2023: €-35k
2018 → 2024
Working capital
€155k▲ 16.7%
2023 · €133k
2018: €109k
2019: €200k
2020: €215k
2021: €278k
2022: €172k
2023: €133k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€181k-€195k▲ 7.5%€219k▲ 12.5%€185k▼ 15.8%€205k▲ 11.0%
Operating result€64k-€110k▲ 71.9%€35k▼ 68.3%€-30k€30k
Net result€53k-€79k▲ 49.3%€24k▼ 69.0%€-35k€20k
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 returns to profit in 2024: €30k after a loss of €30k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €695k
Fixed assets
€50k▼ 11.5%
Current assets
€645k▼ 0.5%
Equity and liabilities €695k
Equity
€205k▲ 11.0%
Debt
€490k▼ 5.8%
The debt ratio falls from 73.8% to 70.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▲
2023 · €-21k
Cash flow
€27k▲
2023 · €-26k
Solvency
29.5%▲
2023 · 26.2%
Current ratio
1.32▲
2023 · 1.26
Quick ratio
1.32▲
2023 · 1.26
Debt / equity
2.39▼
2023 · 2.81
ROE
9.9%▲
2023 · -18.7%
ROA
2.9%▲
2023 · -4.9%
Interest coverage
4.77▲
2023 · -3.46
Debt
€490k▼
2023 · €520k
Debt ≤ 1 year
€490k▼
2023 · €515k
Income taxes
€3k▲
2023 · €198
Staff costs
€134k▲
2023 · €121k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€705k€695k▼
Fixed assets21/28€57k€50k▼
Tangible fixed assets22/27€57k€50k▼
Land and buildings22€37k€24k▼
Plant, machinery and equipment23€12k€18k▲
Furniture and vehicles24€4k€6k▲
Other tangible fixed assets26€4k€3k▼
Current assets29/58€648k€645k▼
Amounts receivable within one year40/41€62k€44k▼
Trade receivables40€42k€39k▼
Other amounts receivable41€20k€6k▼
Cash at bank and in hand54/58€580k€594k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€705k€695k▼
Equity10/15€185k€205k▲
Contributions10/11€19k€19k=
Reserves13€166k€187k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€164k€187k▲
Amounts payable17/49€520k€490k▼
Amounts payable within one year42/48€515k€490k▼
Financial debts43€3k€4k▲
Credit institutions430/8€3k€4k▲
Trade debts44€109k€104k▼
Suppliers440/4€109k€104k▼
Advances received on contracts in progress46€252k€238k▼
Taxes, remuneration and social security45€25k€39k▲
Taxes450/3€6k€16k▲
Remuneration and social security454/9€19k€23k▲
Other amounts payable47/48€126k€106k▼
Accrued charges and deferred income492/3€5k€0▼
Income statement
Code20232024
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€121k€134k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€9k€0▼
Gross operating margin9900€110k€172k▲
Operating profit (loss)9901€-30k€30k▲
Financial income75/76B€2k€636▼
Recurring financial income75€2k€636▼
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€-34k€23k▲
Income taxes67/77€198€3k▲
Profit (loss) for the period9904€-35k€20k▲
Profit (loss) for the period to be appropriated9905€-35k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€20k▲
Transfer from equity791/2€35k€0▼
Transfer to equity691/2€0€20k▲
To other reserves6921€0€20k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-12
Financial
Equity above €200kEq €205k ▲11%
Equity rises from €185k to €205k.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-35k ▼242%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Equity above €200kEq €219k ▲12.5%
5 profitable years in a row build equity to €219k.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 75 days late
2019
31-12
Financial
Highest result since 2018net €96k ▲43.9%
Operating result €130k, net result €96k, both a record.
31-12
Financial
Equity above €150kEq €179k ▲116%
2 profitable years in a row build equity to €179k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
Registered office, Lommel · 3 establishment units since 2014
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.
Kerkhovensesteenweg 4473920 LommelGround area
4,431 m²
Building footprint
1,792 m²
Volume, LiDAR
12,433 m³
3 parcels, Flanders · tallest building 17.7 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Savemak Vastgoed
since 20142.227.960.930
Savemak Vastgoed
since 20222.332.936.607
Savemak Vastgoed
since 20262.385.094.002
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72343E1053/00X000 | Flanders | 2,331 m² | 1 · 1,623 m² | 17.7 m · 2 fl. |
| 13003A1687/00F000 | Flanders | 1,817 m² | 1 · 81 m² | 8.9 m · 2 fl. |
| 71034A0487/00C000 | Flanders | 283 m² | 1 · 89 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 69 EUR awarded · 54 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 69 EUR | 54 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,906. 5,159 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2014
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68322Real estate appraisal on a fee or contract basis
68329Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:vastgoed@savemak.be
Phone:011/343434