Equity
Savonneries bruxelloises has made a profit in every financial year since 2006.
Savonneries bruxelloises has made a profit in every financial year since 2006.
Of this, €1.2m falls due within a year.
Green is investment, beige is depreciation. Machinery stands 40.5% higher than in 2024.
In 2025, 20 people joined and 28 left.
The last five annual accounts were filed 35 to 153 days before the end of the period.
Less equity than 86% of companies in chemicals. Sector median €7.4m · 315 companies.
The dashed line is the sector median: 0.1% across 147 companies (NACE 20, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 20, small). It does better than 18% of them on solvency, 26% on liquidity, 98% on profitability and 69% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 2,613 companies had the same profile as Savonneries bruxelloises has now. Each dot stands for 7 companies, two years later.
That fits the bankruptcy probability of Savonneries bruxelloises itself: 0.2% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,613 companies, not a prediction for Savonneries bruxelloises. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.0 (1.15 in 2024), below the usual 1.5. Short-term debt is 57.3% and cash 11.3% of total assets. 77.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 104 days before the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Savonneries bruxelloises Brussels | €2.1m | €1.4m | 22.8% | 16.7 |
| Chemical Products, R. Borghgraef Forest | €2.1m | €1.0m | 89.3% | 9 |
| ETABLISSEMENTEN DUMORTIER Antwerp | €2.8m | €0.5m | 71.1% | 5 |
| LABORATOIRE HUCKERT'S INTERNATIONAL Wavre | €8.3m | €2.0m | 32.8% | 18.5 |
| GREEN LINE INDUSTRIAL Fleurus | €2.4m | €0.8m | 57.6% | 5 |
| CHRISTEYNS PROFESSIONAL HYGIENE Roeselare | €2.1m | €0.9m | 85.8% | 9.1 |
| POLLET Tournai | €9.7m | - | 54.8% | 41.8 |
These companies have the same main activity as Savonneries bruxelloises: manufacture of chemicals and chemical products (NACE 20411). They are comparable in size and age: total assets between €2.1m and €9.7m, founded between 1942 and 1999.
Savonneries bruxelloises has existed since 1938. The gross margin grew from €472,765 in 2006 to €1.4m in 2025 and staff from 7.2 to 16.7 full-time equivalents.
Cogefimo holds 55% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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