SAVIKO
ActiveSummary
SAVIKO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €601k and a net result of €24k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability74▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 23.6 against 23.28 in 2023; short-term debt: 2% and cash: 28.1% of total assets), and 3.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
96.1%
Return on assets
3.9%
Age of the figures
21 mo
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
48 d early
2022
31 d early
2021
31 d early
2020
32 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€601k▼ 2.6%
2023 · €618k
2018: €467klowest in 7 years
2019: €506k▲ +8.2% vs 2018
2020: €548k▲ +8.3% vs 2019
2021: €595k▲ +8.6% vs 2020
2022: €608k▲ +2.2% vs 2021
2023: €618k▲ +1.6% vs 2022highest in 7 years
2024: €601k▼ -2.6% vs 2023
2018 → 2024
Total assets
€626k▼ 4.4%
2023 · €654k
2018: €605klowest in 7 years
2019: €620k▲ +2.4% vs 2018
2020: €637k▲ +2.7% vs 2019
2021: €667k▲ +4.7% vs 2020highest in 7 years
2022: €660k▼ -1.0% vs 2021
2023: €654k▼ -0.8% vs 2022
2024: €626k▼ -4.4% vs 2023
2018 → 2024
Net result
€24k▼ 28.8%
2023 · €34k
2018: €36k
2019: €38k▲ +6.5% vs 2018
2020: €42k▲ +9.3% vs 2019
2021: €47k▲ +11.6% vs 2020highest in 7 years
2022: €43k▼ -8.1% vs 2021
2023: €34k▼ -20.7% vs 2022
2024: €24k▼ -28.8% vs 2023lowest in 7 years
2018 → 2024
Working capital
€285k▲ 1.7%
2023 · €281k
2018: €59k
2019: €57k▼ -3.9% vs 2018lowest in 7 years
2020: €134k▲ +135% vs 2019
2021: €206k▲ +53.7% vs 2020
2022: €242k▲ +17.6% vs 2021
2023: €281k▲ +15.9% vs 2022
2024: €285k▲ +1.7% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€548k-€595k▲ 8.6%€608k▲ 2.2%€618k▲ 1.6%€601k▼ 2.6%
2020: €548klowest in 5 years
2021: €595k▲ +8.6% vs 2020
2022: €608k▲ +2.2% vs 2021
2023: €618k▲ +1.6% vs 2022highest in 5 years
2024: €601k▼ -2.6% vs 2023
Operating result€66k-€72k▲ 9.0%€66k▼ 7.6%€53k▼ 20.0%€35k▼ 34.3%
2020: €66k
2021: €72k▲ +9.0% vs 2020highest in 5 years
2022: €66k▼ -7.6% vs 2021
2023: €53k▼ -20.0% vs 2022
2024: €35k▼ -34.3% vs 2023lowest in 5 years
Net result€42k-€47k▲ 11.6%€43k▼ 8.1%€34k▼ 20.7%€24k▼ 28.8%
2020: €42k
2021: €47k▲ +11.6% vs 2020highest in 5 years
2022: €43k▼ -8.1% vs 2021
2023: €34k▼ -20.7% vs 2022
2024: €24k▼ -28.8% vs 2023lowest in 5 years
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 has fallen three years in a row; 2024 is 34% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €626k
Fixed assets
€328k ▼ 9.3%
Current assets
€298k ▲ 1.6%
Equity and liabilities €626k
Equity
€601k ▼ 2.6%
Provisions
€0 ▼ 100%
Debt
€24k ▼ 34.0%
Debt's share of the balance-sheet total falls from 5.6% to 3.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€68k▼
2023 · €97k
Cash flow
€58k▼
2023 · €78k
Current ratio
23.60▲
2023 · 23.28
Debt to equity
0.04▼
2023 · 0.06
ROE
4.0%▼
2023 · 5.5%
ROA
3.9%▼
2023 · 5.2%
Interest coverage
148.53▼
2023 · 176.60
Debt ≤ 1 year
€13k▲
2023 · €13k
Debt > 1 year
€12k▼
2023 · €24k
Income taxes
€13k▼
2023 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€654k€626k▼
Formation expenses20€0€0=
Fixed assets21/28€361k€328k▼
Tangible fixed assets22/27€361k€328k▼
Land and buildings22€353k€323k▼
Plant, machinery and equipment23€148€0▼
Furniture and vehicles24€3k€1k▼
Other tangible fixed assets26€6k€3k▼
Current assets29/58€293k€298k▲
Amounts receivable after more than one year29€140k€110k▼
Other amounts receivable291€140k€110k▼
Amounts receivable within one year40/41€4k€10k▲
Other amounts receivable41€4k€10k▲
Current investments50/53€2k-
Cash at bank and in hand54/58€145k€176k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€654k€626k▼
Equity10/15€618k€601k▼
Contributions10/11€19k€19k=
Reserves13€312k€296k▼
Tax-exempt reserves132€639-
Distributable reserves133€312k€296k▼
Profit (loss) carried forward14€286k€286k=
Provisions and deferred taxes16€329-
Deferred taxes168€329-
Amounts payable17/49€37k€24k▼
Amounts payable after more than one year17€24k€12k▼
Advances received on contracts in progress176€24k€12k▼
Amounts payable within one year42/48€13k€13k▲
Financial debts43€12k€12k▲
Other loans439€12k€12k▲
Trade debts44€252€148▼
Suppliers440/4€252€148▼
Income statement
Code20232024
Remuneration, social security and pensions62€13-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€34k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€30k
Other operating charges640/8€5k€5k▲
Gross operating margin9900€101k€104k▲
Operating profit (loss)9901€53k€35k▼
Financial income75/76B€485€3k▲
Recurring financial income75€485€3k▲
Financial charges65/66B€546€461▼
Recurring financial charges65€546€461▼
Profit (loss) for the period before taxes9903€53k€38k▼
Transfer from deferred taxes780€2k€329▼
Income taxes67/77€21k€13k▼
Profit (loss) for the period9904€34k€24k▼
Transfer from tax-exempt reserves789€4k€639▼
Profit (loss) for the period to be appropriated9905€39k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€325k€311k▼
Profit (loss) brought forward from the previous period14P€286k€286k=
Transfer from equity791/2€25k€40k▲
Transfer to equity691/2€38k€25k▼
To other reserves6921€38k€25k▼
Profit to be distributed694/7€25k€40k▲
Return on contributions (dividend)694€25k€40k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €13 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46k | €46k | €46k | €43k | €34k | ▼ 22.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €30k | - |
| Other operating charges640/8 | - | €5k | €6k | €5k | €5k | ▲ 12.2% |
| Gross operating margin9900 | €117k | €123k | €119k | €101k | €104k | ▲ 2.5% |
| Operating profit (loss)9901 | €66k | €72k | €66k | €53k | €35k | ▼ 34.3% |
| Financial income75/76B | - | €67 | €187 | €485 | €3k | ▲ 539% |
| Recurring financial income75 | €67 | €67 | €187 | €485 | €3k | ▲ 539% |
| Financial charges65/66B | - | €574 | €676 | €546 | €461 | ▼ 15.7% |
| Recurring financial charges65 | €2k | €574 | €676 | €546 | €461 | ▼ 15.7% |
| Profit (loss) for the period before taxes9903 | €64k | €71k | €66k | €53k | €38k | ▼ 29.3% |
| Transfer from deferred taxes780 | - | €2k | €2k | €2k | €329 | ▼ 85.2% |
| Income taxes67/77 | €24k | €27k | €25k | €21k | €13k | ▼ 35.9% |
| Profit (loss) for the period9904 | €42k | €47k | €43k | €34k | €24k | ▼ 28.8% |
| Transfer from tax-exempt reserves789 | - | €4k | €4k | €4k | €639 | ▼ 85.2% |
| Profit (loss) for the period to be appropriated9905 | €46k | €51k | €47k | €39k | €25k | ▼ 35.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €637k | €667k | €660k | €654k | €626k | ▼ 4.4% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €484k | €442k | €405k | €361k | €328k | ▼ 9.3% |
| Tangible fixed assets22/27 | €484k | €442k | €405k | €361k | €328k | ▼ 9.3% |
| Land and buildings22 | - | €402k | €382k | €353k | €323k | ▼ 8.3% |
| Plant, machinery and equipment23 | - | €1k | €602 | €148 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €28k | €14k | €3k | €1k | ▼ 56.7% |
| Other tangible fixed assets26 | - | €11k | €8k | €6k | €3k | ▼ 44.3% |
| Current assets29/58 | €153k | €225k | €255k | €293k | €298k | ▲ 1.6% |
| Amounts receivable after more than one year29 | - | €60k | €154k | €140k | €110k | ▼ 21.4% |
| Other amounts receivable291 | - | €60k | €154k | €140k | €110k | ▼ 21.4% |
| Amounts receivable within one year40/41 | - | - | - | €4k | €10k | ▲ 166% |
| Other amounts receivable41 | - | - | - | €4k | €10k | ▲ 166% |
| Current investments50/53 | €2k | €2k | €2k | €2k | - | - |
| Cash at bank and in hand54/58 | €90k | €161k | €98k | €145k | €176k | ▲ 21.3% |
| Deferred charges and accrued income490/1 | - | €2k | €1k | €3k | €2k | ▼ 36.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €637k | €667k | €660k | €654k | €626k | ▼ 4.4% |
| Equity10/15 | €548k | €595k | €608k | €618k | €601k | ▼ 2.6% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €243k | €290k | €303k | €312k | €296k | ▼ 5.2% |
| Tax-exempt reserves132 | - | €9k | €5k | €639 | - | - |
| Distributable reserves133 | - | €280k | €298k | €312k | €296k | ▼ 5.0% |
| Profit (loss) carried forward14 | €286k | €286k | €286k | €286k | €286k | = |
| Provisions and deferred taxes16 | €7k | €5k | €3k | €329 | - | - |
| Deferred taxes168 | - | €5k | €3k | €329 | - | - |
| Amounts payable17/49 | €82k | €67k | €49k | €37k | €24k | ▼ 34.0% |
| Amounts payable after more than one year17 | €63k | €49k | €36k | €24k | €12k | ▼ 51.9% |
| Advances received on contracts in progress176 | - | €49k | €36k | €24k | €12k | ▼ 51.9% |
| Amounts payable within one year42/48 | €19k | €19k | €13k | €13k | €13k | ▲ 0.3% |
| Financial debts43 | - | €12k | €12k | €12k | €12k | ▲ 1.1% |
| Other loans439 | - | €12k | €12k | €12k | €12k | ▲ 1.1% |
| Trade debts44 | €6k | €1k | €881 | €252 | €148 | ▼ 41.2% |
| Suppliers440/4 | - | €1k | €881 | €252 | €148 | ▼ 41.2% |
| Taxes, remuneration and social security45 | - | €3k | €15 | - | - | - |
| Taxes450/3 | - | €3k | €15 | - | - | - |
| Other amounts payable47/48 | - | €3k | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42k | €47k | €43k | €34k | €24k | ▼ 28.8% |
| + Depreciation and write-downs630 | €46k | €46k | €46k | €43k | €34k | ▼ 22.7% |
| Operating cash flow (approximation) | €88k | €93k | €90k | €78k | €58k | ▼ 25.4% |
| Investment in fixed assets (approximation) | - | €-5k | €-9k | €0 | €0 | - |
| Change in cash | - | €70k | €-62k | €46k | €31k | ▼ 33.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €24k ▼28.8%
Net result drops to €24k, the lowest in the series.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €47k ▲11.6%
Operating result €72k, net result €47k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €500kEq €506k ▲8.2%
2 profitable years in a row build equity to €506k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 1994
Ground area
2,614 m²
Building footprint
348 m²
Volume, LiDAR
4,428 m³
Parcel 44362B0288/00A015, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SAVIKO
since 19942.050.003.740
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0288/00A015 | Flanders | 2,614 m² | 1 · 348 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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 11,748 companies in sector 68310 we hold annual accounts for 6,905. 4,380 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-10-1990
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
69209Other tax advisory services
Contact
E-mail
hans.steensels@saviko.be
Scores and ratios are computed by Checked and are not a credit decision.