SAVERBEL
ActiveSAVERBEL has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54.02M and a net result of €-1.53M. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 422 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▲+3
Solvency90▼-10
Growth52▲+15
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.23 against 0.78 in 2024; short-term debt: 34.9% and cash: 0.1% of total assets), and 34.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 93
Relative position
BE, all sectors
reference
Sector 93
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
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
65.1%
Return on assets
-1.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-1.53M
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
36 d early
2023
43 d early
2022
45 d early
2021
33 d early
2020
36 d early
2019
37 d early
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€95k▼ 50.2%
2024 · €190k
2019: €314k
2020: €195k
2021: €87k
2022: €91k
2023: €94k
2024: €190k
2019 → 2025
EBIT margin
-268.8%▲ 93.4pp
2024 · -362.3%
2019: -137.1%
2020: -133.7%
2021: 277.4%
2022: 2652.9%
2023: -347.7%
2024: -362.3%
2019 → 2025
Net result
€-1.53M▲ 55.6%
2024 · €-3.44M
2019: €-1.86M
2020: €-3.52M
2021: €-1.44M
2022: €1.01M
2023: €-4.00M
2024: €-3.44M
2019 → 2025
Working capital
€-22.18M▼ 1,179%
2024 · €-1.73M
2019: €1.95M
2020: €2.48M
2021: €2.77M
2022: €4.18M
2023: €5.00M
2024: €-1.73M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€87k-€91k▲ 3.8%€94k▲ 3.9%€190k▲ 101%€95k▼ 50.2%
Equity€-23.50M-€-22.49M▲ 4.3%€-26.49M▼ 17.8%€55.55M€54.02M▼ 2.8%
Operating result€242k-€2.41M▲ 893%€-328k€-688k▼ 110%€-254k▲ 63.0%
Net result€-1.44M-€1.01M€-4.00M€-3.44M▲ 13.9%€-1.53M▲ 55.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €254k in 2025 against €688k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82.95M
Fixed assets
€76.20M▲ 33.0%
Current assets
€6.75M▲ 12.5%
Equity and liabilities €82.95M
Equity
€54.02M▼ 2.8%
Debt
€28.93M▲ 274%
The debt ratio rises from 12.2% to 34.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-203k▲
2024 · €-654k
Cash flow
€-1.48M▲
2024 · €-3.41M
Solvency
65.1%▼
2024 · 87.8%
Current ratio
0.23▼
2024 · 0.78
Quick ratio
0.23▼
2024 · 0.78
Debt / equity
0.54▲
2024 · 0.14
ROE
-2.8%▲
2024 · -6.2%
ROA
-1.8%▲
2024 · -5.4%
Interest coverage
-0.49▼
2024 · -0.19
Debt
€28.93M▲
2024 · €7.74M
Debt ≤ 1 year
€28.93M▲
2024 · €7.74M
Debt > 1 year
€1k▼
2024 · €2k
Income taxes
€2k▼
2024 · €2k
Staff costs
€362k▼
2024 · €719k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€63.29M€82.95M▲
Fixed assets21/28€57.28M€76.20M▲
Tangible fixed assets22/27€837k€1.09M▲
Land and buildings22€794k€888k▲
Plant, machinery and equipment23€312-
Furniture and vehicles24€39k€152k▲
Leasing and similar rights25€4k€757▼
Assets under construction and advance payments27-€49k
Financial fixed assets28€56.44M€75.11M▲
Affiliated companies280/1€56.44M€75.11M▲
Participating interests280€20.58M€25.58M▲
Amounts receivable281€35.86M€49.53M▲
Other financial fixed assets284/8€2k€2k=
Amounts receivable and cash guarantees285/8€2k€2k=
Current assets29/58€6.00M€6.75M▲
Amounts receivable after more than one year29€4.50M€4.50M=
Other amounts receivable291€4.50M€4.50M=
Amounts receivable within one year40/41€1.47M€2.13M▲
Trade receivables40€449k€414k▼
Other amounts receivable41€1.02M€1.72M▲
Cash at bank and in hand54/58€39k€101k▲
Deferred charges and accrued income490/1-€22k
Equity and liabilities
Total equity and liabilities10/49€63.29M€82.95M▲
Equity10/15€55.55M€54.02M▼
Contributions10/11€58.99M€58.99M=
Capital10€58.99M€58.99M=
Issued capital100€58.99M€58.99M=
Reserves13€2€2=
Distributable reserves133€2€2=
Profit (loss) carried forward14€-3.44M€-4.97M▼
Amounts payable17/49€7.74M€28.93M▲
Amounts payable after more than one year17€2k€1k▼
Financial debts170/4€555-
Leasing and similar obligations172€555-
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€7.74M€28.93M▲
Current portion of amounts payable after more than one year42€3k€555▼
Trade debts44€241k€165k▼
Suppliers440/4€241k€165k▼
Taxes, remuneration and social security45€45k€54k▲
Taxes450/3€10k€6k▼
Remuneration and social security454/9€35k€48k▲
Other amounts payable47/48€7.45M€28.71M▲
Income statement
Code20242025
Operating income70/76A€678k€462k▼
Turnover70€190k€95k▼
Other operating income74€489k€368k▼
Operating charges60/66A€1.37M€717k▼
Services and other goods61€592k€266k▼
Remuneration, social security and pensions62€719k€362k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€51k▲
Other operating charges640/8€20k€37k▲
Operating profit (loss)9901€-688k€-254k▲
Financial income75/76B€848k€567k▼
Recurring financial income75€848k€557k▼
Income from financial fixed assets750-€220k
Income from current assets751€848k€337k▼
Non-recurring financial income76B-€10k
Financial charges65/66B€3.60M€1.84M▼
Recurring financial charges65€3.60M€1.75M▼
Debt charges650€3.37M€414k▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€47k€18k▼
Other financial charges652/9€187k€1.32M▲
Non-recurring financial charges66B-€84k
Profit (loss) for the period before taxes9903€-3.44M€-1.53M▲
Income taxes67/77€2k€2k▼
Taxes670/3€2k€2k▼
Profit (loss) for the period9904€-3.44M€-1.53M▲
Profit (loss) for the period to be appropriated9905€-3.44M€-1.53M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30.01M€-4.97M▲
Profit (loss) brought forward from the previous period14P€-26.57M€-3.44M▲
Transfer from equity791/2€26.57M-
From contributions791€26.57M-
Social balance
Average headcount (FTE)90876.35.7▼
The notes to these accounts (57 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €50MEq €55.55M
Equity rises from €-26.49M to €55.55M.
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial
Weakest financial yearnet €-4.00M ▼497%
Net result drops to €-4.00M, the lowest in the series; recovery starts the following year.
2022
16-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Back to profitnet €1.01M
Net result €1.01M after 3 loss-making years.
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Antwerpen · 1 establishment unit since 1989
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.
De Gerlachekaai 202000 AntwerpenGround area
3,310 m²
Building footprint
1,463 m²
Volume, LiDAR
33,042 m³
Parcel 11811L3947/00N000, Flanders · tallest building 29.4 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
De Gerlachekaai 20, 2000 Antwerpen
since 19892.041.565.334
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3947/00N000 | Flanders | 3,310 m² | 1 · 1,463 m² | 29.4 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 3,292 companies in sector 93110 we hold annual accounts for 1,495. 53 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-12-1988
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
70201
93110Operation of sports facilities
64999Other financial services
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.