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 €601,406 and a net result of €24,334. Equity is growing by ~4.7% per year across the filed fiscal years. 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 €50,000 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.
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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 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
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 →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€601,406▼ 2.6%
2023 · €617,502
Total assets
€625,579▼ 4.4%
2023 · €654,446
Net result
€24,334▼ 28.8%
2023 · €34,182
Working capital
€285,186▲ 1.7%
2023 · €280,521
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€65,884▲ 2.3%€71,836▲ 9.0%€66,400▼ 7.6%€53,090▼ 20.0%€34,868▼ 34.3%
Net result€42,036above the sector's middle half▲ 9.3%€46,898above the sector's middle half▲ 11.6%€43,122above the sector's middle half▼ 8.1%€34,182above the sector's middle half▼ 20.7%€24,334within the sector's middle half▼ 28.8%
Equity€547,845above the sector's middle half▲ 8.3%€594,743above the sector's middle half▲ 8.6%€607,865above the sector's middle half▲ 2.2%€617,502above the sector's middle half▲ 1.6%€601,406above the sector's middle half▼ 2.6%
Total assets€636,832within the sector's middle half▲ 2.7%€666,715within the sector's middle half▲ 4.7%€659,884within the sector's middle half▼ 1.0%€654,446within the sector's middle half▼ 0.8%€625,579within the sector's middle half▼ 4.4%
Debt€81,976▼ 21.8%€67,189▼ 18.0%€49,462▼ 26.4%€36,615▼ 26.0%€24,174▼ 34.0%
Working capital€133,922above the sector's middle half▲ 135%€205,879above the sector's middle half▲ 53.7%€242,034above the sector's middle half▲ 17.6%€280,521above the sector's middle half▲ 15.9%€285,186above the sector's middle half▲ 1.7%
Solvency86.0%above the sector's middle half▲ 4.4pp89.2%above the sector's middle half▲ 3.2pp92.1%above the sector's middle half▲ 2.9pp94.4%above the sector's middle half▲ 2.2pp96.1%above the sector's middle half▲ 1.8pp
Current ratio7.92above the sector's middle half▲ 3.8112.06above the sector's middle half▲ 4.1319.48above the sector's middle half▲ 7.4223.28above the sector's middle half▲ 3.8123.60above the sector's middle half▲ 0.31
Return on assets (ROA)6.6%within the sector's middle half▲ 0.4pp7.0%within the sector's middle half▲ 0.4pp6.5%within the sector's middle half▼ 0.5pp5.2%within the sector's middle half▼ 1.3pp3.9%within the sector's middle half▼ 1.3pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
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 €625,579
Fixed assets
€327,773 ▼ 9.3%
Current assets
€297,807 ▲ 1.6%
Equity and liabilities €625,579
Equity
€601,406 ▼ 2.6%
Provisions
€0 ▼ 100%
Debt
€24,174 ▼ 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
€68,431▼
2023 · €96,504
Cash flow
€57,897▼
2023 · €77,597
Debt to equity
0.04▼
2023 · 0.06
ROE
4.0%▼
2023 · 5.5%
Interest coverage
148.53▼
2023 · 176.60
Debt ≤ 1 year
€12,621▲
2023 · €12,589
Debt > 1 year
€11,553▼
2023 · €24,026
Income taxes
€13,500▼
2023 · €21,073
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 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% | 1.9% |
| 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% 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 14,732 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.
Annual accounts
| 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 | €45,622 | €46,183 | €46,483 | €43,415 | €33,563 | ▼ 22.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €30,000 | - |
| Other operating charges640/8 | - | €4,618 | €5,736 | €4,742 | €5,323 | ▲ 12.2% |
| Gross operating margin9900 | €116,872 | €122,637 | €118,619 | €101,259 | €103,754 | ▲ 2.5% |
| Operating profit (loss)9901 | €65,884 | €71,836 | €66,400 | €53,090 | €34,868 | ▼ 34.3% |
| Financial income75/76B | - | €67 | €187 | €485 | €3,097 | ▲ 539% |
| Recurring financial income75 | €67 | €67 | €187 | €485 | €3,097 | ▲ 539% |
| Financial charges65/66B | - | €574 | €676 | €546 | €461 | ▼ 15.7% |
| Recurring financial charges65 | €1,830 | €574 | €676 | €546 | €461 | ▼ 15.7% |
| Profit (loss) for the period before taxes9903 | €64,120 | €71,329 | €65,911 | €53,028 | €37,505 | ▼ 29.3% |
| Transfer from deferred taxes780 | - | €2,227 | €2,227 | €2,227 | €329 | ▼ 85.2% |
| Income taxes67/77 | €24,312 | €26,658 | €25,015 | €21,073 | €13,500 | ▼ 35.9% |
| Profit (loss) for the period9904 | €42,036 | €46,898 | €43,122 | €34,182 | €24,334 | ▼ 28.8% |
| Transfer from tax-exempt reserves789 | - | €4,323 | €4,323 | €4,323 | €639 | ▼ 85.2% |
| Profit (loss) for the period to be appropriated9905 | €46,359 | €51,221 | €47,445 | €38,505 | €24,974 | ▼ 35.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €636,832 | €666,715 | €659,884 | €654,446 | €625,579 | ▼ 4.4% |
| Formation expenses20 | - | - | - | €0 | €0 | - |
| Fixed assets21/28 | €483,569 | €442,214 | €404,750 | €361,335 | €327,773 | ▼ 9.3% |
| Tangible fixed assets22/27 | €483,569 | €442,214 | €404,750 | €361,335 | €327,773 | ▼ 9.3% |
| Land and buildings22 | - | €401,993 | €381,861 | €352,598 | €323,335 | ▼ 8.3% |
| Plant, machinery and equipment23 | - | €1,257 | €602 | €148 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €28,052 | €13,937 | €2,803 | €1,214 | ▼ 56.7% |
| Other tangible fixed assets26 | - | €10,912 | €8,349 | €5,787 | €3,224 | ▼ 44.3% |
| Current assets29/58 | €153,263 | €224,501 | €255,133 | €293,111 | €297,807 | ▲ 1.6% |
| Amounts receivable after more than one year29 | - | €60,000 | €154,000 | €140,000 | €110,000 | ▼ 21.4% |
| Other amounts receivable291 | - | €60,000 | €154,000 | €140,000 | €110,000 | ▼ 21.4% |
| Amounts receivable within one year40/41 | - | - | - | €3,942 | €10,480 | ▲ 166% |
| Other amounts receivable41 | - | - | - | €3,942 | €10,480 | ▲ 166% |
| Current investments50/53 | €1,785 | €1,785 | €1,785 | €1,785 | - | - |
| Cash at bank and in hand54/58 | €90,233 | €160,613 | €98,330 | €144,816 | €175,699 | ▲ 21.3% |
| Deferred charges and accrued income490/1 | - | €2,103 | €1,018 | €2,568 | €1,627 | ▼ 36.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €636,832 | €666,715 | €659,884 | €654,446 | €625,579 | ▼ 4.4% |
| Equity10/15 | €547,845 | €594,743 | €607,865 | €617,502 | €601,406 | ▼ 2.6% |
| Contributions10/11 | - | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Reserves13 | €243,013 | €289,690 | €302,767 | €312,299 | €296,203 | ▼ 5.2% |
| Tax-exempt reserves132 | - | €9,285 | €4,962 | €639 | - | - |
| Distributable reserves133 | - | €280,405 | €297,805 | €311,659 | €296,203 | ▼ 5.0% |
| Profit (loss) carried forward14 | €286,083 | €286,303 | €286,348 | €286,453 | €286,453 | = |
| Provisions and deferred taxes16 | €7,010 | €4,783 | €2,556 | €329 | - | - |
| Deferred taxes168 | - | €4,783 | €2,556 | €329 | - | - |
| Amounts payable17/49 | €81,976 | €67,189 | €49,462 | €36,615 | €24,174 | ▼ 34.0% |
| Amounts payable after more than one year17 | €62,636 | €48,566 | €36,363 | €24,026 | €11,553 | ▼ 51.9% |
| Advances received on contracts in progress176 | - | €48,566 | €36,363 | €24,026 | €11,553 | ▼ 51.9% |
| Amounts payable within one year42/48 | €19,341 | €18,623 | €13,099 | €12,589 | €12,621 | ▲ 0.3% |
| Financial debts43 | - | €12,071 | €12,203 | €12,337 | €12,473 | ▲ 1.1% |
| Other loans439 | - | €12,071 | €12,203 | €12,337 | €12,473 | ▲ 1.1% |
| Trade debts44 | €5,862 | €1,350 | €881 | €252 | €148 | ▼ 41.2% |
| Suppliers440/4 | - | €1,350 | €881 | €252 | €148 | ▼ 41.2% |
| Taxes, remuneration and social security45 | - | €2,658 | €15 | - | - | - |
| Taxes450/3 | - | €2,658 | €15 | - | - | - |
| Other amounts payable47/48 | - | €2,544 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,036 | €46,898 | €43,122 | €34,182 | €24,334 | ▼ 28.8% |
| + Depreciation and write-downs630 | €45,622 | €46,183 | €46,483 | €43,415 | €33,563 | ▼ 22.7% |
| Operating cash flow (approximation) | €87,658 | €93,081 | €89,605 | €77,597 | €57,897 | ▼ 25.4% |
| Investment in fixed assets (approximation) | - | -€4,827 | -€9,020 | €0 | €0 | - |
| Change in cash | - | €70,380 | -€62,283 | €46,485 | €30,884 | ▼ 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
Next filing, fiscal year 2026, expected by
2026
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €24,334 ▼28.8%
Net result drops to €24,334, 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 €46,898 ▲11.6%
Operating result €71,836, net result €46,898, 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 €500,000Eq €505,810 ▲8.2%
2 profitable years in a row build equity to €505,810.
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
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 11,757 companies in sector 68310 we hold annual accounts for 6,914. 4,383 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
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441794616
Also
9925:BE0441794616
Registered
31-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.