SAVINCI
ActiveSummary
SAVINCI has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €130,825 and a net result of €24,562. Equity is growing by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 75% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability88▲+2
Solvency100▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 6.63 against 4.51 in 2023; short-term debt: 11.2% and cash: 64.4% of total assets), and 18.9% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
145 d late
2022
32 d late
2021
58 d late
2020
31 d late
2019
42 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 56 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€130,825▲ 23.1%
2023 · €106,263
Total assets
€161,246▲ 5.1%
2023 · €153,488
Net result
€24,562▲ 17.8%
2023 · €20,855
Working capital
€101,773▲ 34.3%
2023 · €75,775
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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€33,679▼ 8.2%€38,606▲ 14.6%€17,955▼ 53.5%€27,402▲ 52.6%€31,952▲ 16.6%
Net result€25,932within the sector's middle half▼ 7.6%€27,358within the sector's middle half▲ 5.5%€11,955within the sector's middle half▼ 56.3%€20,855within the sector's middle half▲ 74.5%€24,562within the sector's middle half▲ 17.8%
Equity€83,104within the sector's middle half▲ 45.4%€73,453within the sector's middle half▼ 11.6%€85,407within the sector's middle half▲ 16.3%€106,263within the sector's middle half▲ 24.4%€130,825within the sector's middle half▲ 23.1%
Total assets€84,544within the sector's middle half▲ 40.9%€145,749within the sector's middle half▲ 72.4%€138,043within the sector's middle half▼ 5.3%€153,488within the sector's middle half▲ 11.2%€161,246within the sector's middle half▲ 5.1%
Debt€1,439▼ 48.9%€72,297▲ 4,923%€52,636▼ 27.2%€47,225▼ 10.3%€30,422▼ 35.6%
Working capital€81,113▲ 43.2%€40,852▼ 49.6%€53,742▲ 31.6%€75,775▲ 41.0%€101,773▲ 34.3%
Solvency98.3%above the sector's middle half▲ 3.0pp50.4%within the sector's middle half▼ 47.9pp61.9%within the sector's middle half▲ 11.5pp69.2%within the sector's middle half▲ 7.4pp81.1%within the sector's middle half▲ 11.9pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 17% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €161,246
Fixed assets
€41,391 ▼ 26.2%
Current assets
€119,855 ▲ 23.1%
Equity and liabilities €161,246
Equity
€130,825 ▲ 23.1%
Debt
€30,422 ▼ 35.6%
Debt's share of the balance-sheet total falls from 30.8% to 18.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50,012▲
2023 · €44,782
Cash flow
€42,622▲
2023 · €38,236
Current ratio
6.63▲
2023 · 4.51
Debt to equity
0.23▼
2023 · 0.44
ROE
18.8%▼
2023 · 19.6%
ROA
15.2%▲
2023 · 13.6%
Interest coverage
78.47▲
2023 · 57.30
Debt ≤ 1 year
€18,082▼
2023 · €21,605
Debt > 1 year
€12,340▼
2023 · €25,620
Income taxes
€6,807▲
2023 · €5,806
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 26,964 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €719 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,225 | €3,414 | €17,617 | €17,381 | €18,060 | ▲ 3.9% |
| Other operating charges640/8 | - | €123 | €160 | €109 | €131 | ▲ 19.8% |
| Gross operating margin9900 | €35,013 | €42,144 | €35,732 | €44,891 | €50,143 | ▲ 11.7% |
| Operating profit (loss)9901 | €33,679 | €38,606 | €17,955 | €27,402 | €31,952 | ▲ 16.6% |
| Financial income75/76B | - | €0 | €55 | €41 | €54 | ▲ 32.3% |
| Recurring financial income75 | €0 | €0 | €55 | €41 | €54 | ▲ 32.3% |
| Financial charges65/66B | - | €863 | €962 | €782 | €637 | ▼ 18.4% |
| Recurring financial charges65 | €492 | €863 | €962 | €782 | €637 | ▼ 18.4% |
| Profit (loss) for the period before taxes9903 | €33,187 | €37,743 | €17,048 | €26,661 | €31,369 | ▲ 17.7% |
| Income taxes67/77 | €7,256 | €10,385 | €5,093 | €5,806 | €6,807 | ▲ 17.2% |
| Profit (loss) for the period9904 | €25,932 | €27,358 | €11,955 | €20,855 | €24,562 | ▲ 17.8% |
| Profit (loss) for the period to be appropriated9905 | €25,932 | €27,358 | €11,955 | €20,855 | €24,562 | ▲ 17.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €84,544 | €145,749 | €138,043 | €153,488 | €161,246 | ▲ 5.1% |
| Fixed assets21/28 | €1,991 | €84,222 | €70,378 | €56,108 | €41,391 | ▼ 26.2% |
| Tangible fixed assets22/27 | €1,991 | €84,222 | €70,378 | €56,108 | €41,391 | ▼ 26.2% |
| Plant, machinery and equipment23 | - | €1,004 | €749 | €2,928 | €3,514 | ▲ 20.0% |
| Furniture and vehicles24 | - | €71,190 | €56,546 | €41,901 | €28,404 | ▼ 32.2% |
| Other tangible fixed assets26 | - | €12,027 | €13,084 | €11,278 | €9,473 | ▼ 16.0% |
| Current assets29/58 | €82,552 | €61,528 | €67,665 | €97,380 | €119,855 | ▲ 23.1% |
| Amounts receivable within one year40/41 | €10,720 | €16,398 | €11,676 | €11,467 | €13,915 | ▲ 21.3% |
| Trade receivables40 | - | €11,794 | €9,844 | €8,597 | €11,077 | ▲ 28.8% |
| Other amounts receivable41 | - | €4,604 | €1,832 | €2,870 | €2,838 | ▼ 1.1% |
| Cash at bank and in hand54/58 | €71,181 | €40,510 | €54,060 | €83,793 | €103,835 | ▲ 23.9% |
| Deferred charges and accrued income490/1 | - | €4,620 | €1,929 | €2,120 | €2,105 | ▼ 0.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €84,544 | €145,749 | €138,043 | €153,488 | €161,246 | ▲ 5.1% |
| Equity10/15 | €83,104 | €73,453 | €85,407 | €106,263 | €130,825 | ▲ 23.1% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €76,904 | €54,853 | €66,807 | €87,663 | €112,225 | ▲ 28.0% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €52,993 | €64,947 | €85,803 | €110,365 | ▲ 28.6% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - |
| Amounts payable17/49 | €1,439 | €72,297 | €52,636 | €47,225 | €30,422 | ▼ 35.6% |
| Amounts payable after more than one year17 | - | €51,621 | €38,713 | €25,620 | €12,340 | ▼ 51.8% |
| Financial debts170/4 | - | €51,621 | €38,713 | €25,620 | €12,340 | ▼ 51.8% |
| Amounts payable within one year42/48 | €1,439 | €20,676 | €13,923 | €21,605 | €18,082 | ▼ 16.3% |
| Current portion of amounts payable after more than one year42 | - | €12,726 | €12,908 | €13,093 | €13,280 | ▲ 1.4% |
| Financial debts43 | - | €65 | €0 | €71 | €93 | ▲ 32.5% |
| Credit institutions430/8 | - | €65 | €0 | €71 | €93 | ▲ 32.5% |
| Trade debts44 | €1,398 | €2,797 | €978 | €1,188 | €3,029 | ▲ 155% |
| Suppliers440/4 | - | €2,797 | €978 | €1,188 | €3,029 | ▲ 155% |
| Taxes, remuneration and social security45 | - | €5,075 | €37 | €7,254 | €1,679 | ▼ 76.9% |
| Taxes450/3 | - | €4,892 | €0 | €7,230 | €1,101 | ▼ 84.8% |
| Remuneration and social security454/9 | - | €183 | €37 | €24 | €578 | ▲ 2,310% |
| Other amounts payable47/48 | - | €12 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,932 | €27,358 | €11,955 | €20,855 | €24,562 | ▲ 17.8% |
| + Depreciation and write-downs630 | €1,225 | €3,414 | €17,617 | €17,381 | €18,060 | ▲ 3.9% |
| Operating cash flow (approximation) | €27,157 | €30,772 | €29,572 | €38,236 | €42,622 | ▲ 11.5% |
| Investment in fixed assets (approximation) | - | -€85,645 | -€3,773 | -€3,110 | -€3,344 | ▼ 7.5% |
| Change in cash | - | -€30,671 | €13,550 | €29,733 | €20,042 | ▼ 32.6% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 145 days late
2023
31-12
Financial
Equity above €100,000Eq €106,263 ▲24.4%
6 profitable years in a row build equity to €106,263.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €11,955 ▼56.3%
Net result drops to €11,955, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 57.36
Current ratio from 21.13 to 57.36; short-term debt falls from €2,814 to €1,439.
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
31-12
Financial
Highest result since 2018net €28,072 ▲14.5%
Net result €28,072, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 21.13
Current ratio from 7.43 to 21.13; short-term debt falls from €4,394 to €2,814.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Putte · 1 establishment unit since 2018
Ground area
1,357 m²
Building footprint
132 m²
Volume, LiDAR
4 m³
Parcel 12001C0471/00D000, Flanders · tallest building 0.8 m. Linked by address, not a title deed.
1 establishment unit
SAVINCI
since 20182.275.676.418
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12001C0471/00D000 | Flanders | 1,357 m² | 1 · 132 m² | 0.8 m |
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 30,007 companies in sector 62200 we hold annual accounts for 18,400. 15,433 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
Founded02-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
74201Photography, excluding press photography
E-invoicing
Reachable via Peppol
Peppol ID
0208:0695611546
Also
9925:BE0695611546
Registered
17-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.