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SAVIC GROUP

Active
Private limited companyfounded 2004active for 21 yearsEvolis(Kor) 17, 8500 Kortrijk, BelgiumKBO/BCE: BE 0870.589.252
Summary

SAVIC GROUP has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.4m and a net result of €1.2m. Equity has been growing by about 18% per year since 2019. Its solvency ranks better than 72% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 15-12-2004 Normal situation
Activity
Wholesale of machine tools NACE 46620and 1 other
Establishment unit
2.144.542.811 8500 Kortrijk, since 01-01-2005
Financial year end
30 June
Peppol
Reachable since 09-12-2025

Board and ownership

Board
  • De Toekomst BVDirector
  • Van Belle Technisch Bureau NVDirector
Shareholders

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-06-2025
Gross margin
€2.6m
▲ 57.7%
Turnover
≈ €11.0m
estimated
Profit
€1.2m
▲ 191%
Equity
€5.4m
▲ 22.3%
Total assets
€8.2m
▲ 14.5%
Employees on 30-06-2025
13
=
Filed on 19-12-2025, 43 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 4.03, cash €1.2mFounded in 2004Size: 13 FTE, total assets €8.2mEquity €5.4m (65.9% of total assets)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 83% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 91+4
equity 65.9% of total assets
Liquidity 64+6
short-term debt 15.2% · cash 14.1%
Profitability 86+10
return on assets 14.2%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025highest value 04-2025: < 0.1%▼ -0.2 percentage points vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: 0.1%▲ +0.1 percentage points vs 11-2025 01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €500,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.03 (4.77 in 2024), above the usual 1.5. Short-term debt is 15.2% and cash 14.1% of total assets. 34.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 46, small). It does better than 75% of them on solvency, 83% on liquidity, 90% on profitability and 84% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.03, cash €1.2m
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 13 FTE, total assets €8.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €5.4m (65.9% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
29 days late
2023
9 days late
2022
6 days late
2021
on the day
2020
2 days late
2019
57 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 6 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €398,461 to €1.2m ▲ 191% View
  • Positive: Higher net result than 95% of companies in wholesale tradesector median €26,864 · 9,808 companies €1.2m View
  • Positive: 7 profitable years in a rowprofit 2025: €1.2m 7 years View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as SAVIC GROUP: wholesale of machine tools (NACE 46620). They are comparable in size and age: total assets between €4.3m and €11m, founded between 1999 and 2010.

CompanyTotal assetsGross margin
SAVIC GROUP Kortrijk€8.2m€2.6m
FASSI.BE Fleurus€6.4m€1.7m
FESTOOL BELGIUM Dilbeek€5.1m€2.9m
DE BACKER WELDING Oosterzele€11.3m€2.0m
DECOVAN BENELUX Duffel€6.5m€1.3m
HANDELSONDERNEMING VAN VELDHOVEN Pelt€4.3m€1.4m
Jobco Stekene€5.9m€1.0m
Full comparison

Key facts about SAVIC GROUP

What is the company number of SAVIC GROUP?
The company number of SAVIC GROUP is 0870.589.252. The VAT number is the same number with BE in front: BE 0870.589.252.
Where is SAVIC GROUP based?
The registered office is at Evolis(Kor) 17, 8500 Kortrijk.Company details
What does SAVIC GROUP do?
According to the KBO register, the main activity is wholesale of machine tools (NACE 46620).
What is the legal form of SAVIC GROUP?
The legal form of SAVIC GROUP is Private limited company (BV).
When was SAVIC GROUP founded?
SAVIC GROUP was founded on 15-12-2004.
Is SAVIC GROUP still active?
Yes, SAVIC GROUP is an active enterprise in the KBO register.
How many employees does SAVIC GROUP have?
SAVIC GROUP had an average of 13 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SAVIC GROUP?
The turnover in financial year 2025 is ≈ €11.0m. This figure is estimated from the gross margin of €2.6m and 100 comparable companies (NACE 46). It probably lies between €6.7m and €19.0m.
Is SAVIC GROUP profitable?
In financial year 2025, SAVIC GROUP made a profit of €1.2m.
Where can I find the annual accounts of SAVIC GROUP?
SAVIC GROUP filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SAVIC GROUP due?
SAVIC GROUP must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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