Skip to content

SAVIC

Active
Public limited companyfounded 196660 yrs activeRinglaan(Heu) 10, 8501 Kortrijk, BelgiumKBO/BCE: BE 0405.364.879
Summary

SAVIC has been active since 1966 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.4m and a net result of -€520,870. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 76% of 227 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
SAVICActiveChecked score 91/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of rubber and plastic products
NACE 22260NACE 22290NACE 25240
#2 oldest company in West Flanders, Rubber and plastics sector2 sites
Size
€14.3mturnover 2025
Staff
82.1 FTE
Equity
€11.4m
Loss
-€520,870
Financial health
91 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Parent
EDOSA · 99.99%
Accounts 17 d early0 of 18 deeds read
Why 91- Loss of €520,870 (FY 2025)- Sector Manufacture of rubber and plastic products (NACE 22)+ Founded in 1966+ Equity €11.4m (72.2% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Better than 55% of its sector peers (NACE 22, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 97+5
equity 72.2% of total assets
Liquidity 58+4
short-term debt 15.2% · cash 8.9%
Profitability 61-13
return on assets -3.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (77 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%▼ -5.1% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▼ -1.1% vs 03-2025lowest value 05-2025: 0.1%▲ +5.4% vs 04-2025 06-2025: 0.1%▲ +3.1% vs 05-2025 07-2025: 0.1%● 0.0% vs 06-2025 08-2025: 0.1%● 0.0% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▼ -4.0% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▼ -2.1% vs 03-2026 05-2026: 0.1%▲ +5.3% vs 04-2026 06-2026: 0.1%▲ +3.0% vs 05-2026 07-2026: 0.1%● 0.0% vs 06-2026 08-2026: 0.2%▲ +56.9% vs 07-2026highest value 09-2026: 0.2%● 0.0% vs 08-2026highest value 10-2026: 0.2%● 0.0% vs 09-2026highest value
  • Loss of €520,870 (FY 2025) raises the probability
  • Founded in 1966 lowers the probability for this profile
  • Equity €11.4m (72.2% of total assets) lowers the probability
  • Sector Manufacture of rubber and plastic products (NACE 22) raises the probability
Credit up to €1,000,000 at 30 days acceptable
Liquidity ample (current ratio 3.16 against 2.58 in 2024; short-term debt: 15.2% and cash: 8.9% of total assets), and 27.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 22, medium-sized). Better than this share of them on solvency 76%, liquidity 86%, profitability 36%, growth against the median 21%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Loss of €520,870 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1966
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €11.4m (72.2% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Manufacture of rubber and plastic products (NACE 22)
In the bankruptcy model this factor raises the probability.
KBO
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
45 d early
2023
15 d early
2022
34 d early
2021
27 d early
2020
37 d early
2019
23 d early
← 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 28 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% 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. Usually files around 4 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Caution: From profit to loss in 2025after €649,222 in 2024 -€520,870 View
  • Caution: Among the weakest 13% on net resultsector median €155,118 · 227 companies -€520,870 View
  • Controlled by EDOSA 99.99% View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Active since 1966founded 14-04-1966 60 years View
  • Flemish supportawarded 2022 - 2025 €126,579 View

By topic

Financials

Fiscal year
2025
Turnover
€14.3m
Loss
-€520,870
Solvency
72.2%
Turnover▼ 25.1%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 14-07-2026Annual accounts filed
  2. 16-06-2025Annual accounts filed
  3. 16-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of rubber and plastic productsNACE 22260
Founded
14-04-1966
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure