SAVEX
ActiveSummary
The computed 12-month bankruptcy probability of SAVEX is 3.4% (moderate). The 2025 annual accounts show equity of €6,561 and a net result of -€1,102. Its solvency ranks better than 16% of 461 sector peers (NACE 28, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €6,561
- Loss
- -€1,102
Why 48raises riskFounded in 2024Latest accounts 28 days late; 1 of the last 3 lateEquity €6,561 (10.6% of total assets)Liquidity: current ratio 0.99, cash €894, halvedShow the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, micro): better than 18% on solvency, 4% on liquidity, 20% on profitability and 22% on growth.
The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 34 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Appointment: SIMONON Vincent (director)Board rule
Financials · financial year 2025, micro format
2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00446325.
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 11% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 28, Manufacture of machinery and equipment not elsewhere classified: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 173 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 94.2% are still going.
- Micro
- under 2 years old
- solvency 10 to 30%
- a small loss
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.4% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 173 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €10,527 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €7,679 | - | - |
| Remuneration, social security and pensions62 | - | €46,969 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1 | €322 | ▲ 34,543% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €680 | - |
| Other operating charges640/8 | - | €353 | - |
| Gross operating margin9900 | €2,848 | €51,474 | ▲ 1,708% |
| Operating profit (loss)9901 | €2,847 | €3,150 | ▲ 10.7% |
| Financial income75/76B | - | €218 | - |
| Recurring financial income75 | - | €218 | - |
| Financial charges65/66B | €184 | €2,200 | ▲ 1,099% |
| Recurring financial charges65 | €184 | €2,200 | ▲ 1,099% |
| Profit (loss) for the period before taxes9903 | €2,663 | €1,167 | ▼ 56.2% |
| Income taxes67/77 | - | €2,269 | - |
| Profit (loss) for the period9904 | €2,663 | -€1,102 | - |
| Profit (loss) for the period to be appropriated9905 | €2,663 | -€1,102 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €16,524 | €62,133 | ▲ 276% |
| Fixed assets21/28 | €862 | €8,288 | ▲ 862% |
| Tangible fixed assets22/27 | €862 | €1,288 | ▲ 49.4% |
| Other tangible fixed assets26 | €862 | €1,288 | ▲ 49.4% |
| Financial fixed assets28 | - | €7,000 | - |
| Current assets29/58 | €15,662 | €53,846 | ▲ 244% |
| Amounts receivable within one year40/41 | €7,799 | €52,951 | ▲ 579% |
| Trade receivables40 | €7,799 | €49,133 | ▲ 530% |
| Other amounts receivable41 | - | €3,818 | - |
| Cash at bank and in hand54/58 | €7,831 | €894 | ▼ 88.6% |
| Deferred charges and accrued income490/1 | €32 | €0 | ▼ 100% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €16,524 | €62,133 | ▲ 276% |
| Equity10/15 | €7,663 | €6,561 | ▼ 14.4% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €2,663 | €1,561 | ▼ 41.4% |
| Amounts payable17/49 | €8,861 | €55,572 | ▲ 527% |
| Amounts payable within one year42/48 | €8,861 | €54,272 | ▲ 513% |
| Trade debts44 | €8,254 | €27,258 | ▲ 230% |
| Suppliers440/4 | €8,254 | €27,258 | ▲ 230% |
| Taxes, remuneration and social security45 | €550 | €26,830 | ▲ 4,780% |
| Taxes450/3 | €550 | €19,557 | ▲ 3,457% |
| Remuneration and social security454/9 | - | €7,273 | - |
| Other amounts payable47/48 | €57 | €184 | ▲ 225% |
| Accrued charges and deferred income492/3 | - | €1,300 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €2,663 | -€1,102 | - |
| + Depreciation and write-downs630 | €1 | €322 | ▲ 34,543% |
| Operating cash flow (approximation) | €2,664 | -€780 | - |
| Investment in fixed assets (approximation) | - | -€7,748 | - |
| Change in cash | - | -€6,937 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00446325 |
| 31-12-2024 | micro format | 09-09-2025 | 2025-00488328 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
08-08
Gazette deed
Appointment: SIMONON Vincent (director)Board rule5 facts ▸
- General meeting, 27-06-2025
- Director appointment, SIMONON Vincent (director)
- Board rule, 2
- Director in office, CLARENNE Pascal (director)
- Director in office, SIMONON Vincent (director)
06-12
Gazette deed
IncorporationAppointment: CLARENNE Pascal Ghislain (director) · Permanent representative: CLARENNE Pascal Ghislain · Founder8 facts ▸
- Incorporation, 04-12-2024
- Founder, CLARENNE Pascal Ghislain
- Founding capital, €5,000
- Registered office clause, “4140 Sprimont, Avenue Bois le Comte 2” (deed in French)
- Board rule, 1
- Director appointment, CLARENNE Pascal Ghislain (director (not named in the articles))
- Permanent representative, CLARENNE Pascal Ghislain
- Pre-incorporation commitments, “takeover, engagements,obligations et activités au nom et pour compte de la société en formation” (deed in French)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 16 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62045A0055/00T004 | Wallonia | 3,554 m² | 1 · 218 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes les opérations concernant l’exploitation,le commerce,la fabrication,la vente,l’achat,l’importation et l’exportation de toutes…” (deed in French)
14 activities (deed in French)
- Toutes les opérations concernant l’exploitation,le commerce,la fabrication,la vente,l’achat,l’importation et l’exportation de toutes matières ou matériels industriels ou ménagers et notamment le matériel de protection contre l’incendie,le matériel pour le traitement général des liquides,leurs compléments ou dérivés,tel que le matériel de nettoyage sous quelque forme que ce soit
- La mise à disposition de matériels et services de nature à améliorer ou à promouvoir la sécurité et le bien-être au travail,la détection et la lutte contre l’incendie,les secours médicaux ou autres,le travail en hauteur et travaux sur cordes
- La conception,la construction,le montage d’installations de protection et de détection incendie dans le sens large,à savoir notamment par des moyens mécaniques,chimiques,gazeux,liquides,électriques,électroniques et faisant appel exceptionnellement à des prestations dans le domaine du génie civil ou à d’autres techniques connues ou en voie de développement
- L’étude,l’acquisition,sous toutes formes,l’apport,le dépôt,l’exploitation,la cession de tous brevets,licences,marques et procédés qui touchent de près ou de loin,son objet
- L’étude,la mise en valeur,la transformation,reprise ou liquidation de toutes affaires ou entreprises similaires pour l’une ou l’autre de leur activité
- Toutes prestations en matière de prévention incendie,de formation en sécurité incendie,de bien-être au travail
- La dispense de cours généralement quelconques,plus particulièrement les cours propres,et de formations dans les matières liées aux premiers secours,au secourisme,à la lutte contre l’incendie,à la sécurité et au bien-être au travail,au travail en hauteur et travaux sur cordes
- La publication d’ouvrages relatifs aux premiers secours,au secourisme,à la lutte contre l’incendie,à la sécurité et au bien-être au travail,au travail en hauteur et travaux sur cordes par tous moyens de diffusion généralement quelconques
- Toute prestation en matière d’analyse de risque pour tout type d’entreprise
- Toute prestation en matière de plan d’interne d’urgence pour tout type d’entreprise
- Toute prestation liée à un bureau d’études
- Toutes expertises immobilière,thermographique
- Toutes activités en matière de consultance,de conseils,assistance en matière immobilières,en matière de sécurité incendie,et en matière énergétique
- Toutes les activités d’administration et de gestion de tous immeubles et d’immeubles en copropriété ou non,et notamment les activités de syndic,de régisseur et d’administrateurs de biens immeubles
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SAVEX
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales en Belgique et à l’étranger par simple décision organe…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation durée, organe d'administration” (deed in French)“Ceux que loi et statuts réservent à assemblée générale, chaque administrateur agissant seul” (deed in French)“Indépendamment frais représentation,voyages et déplacements, portée aux frais généraux” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement nombre actions si plusieurs, cessions entre vifs et transmissions pour cause…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Actions nouvelles à souscrire en numéraire, organe qui procède à l’émission” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed