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Savonneries bruxelloises

Active Public limited companyfounded 1938active for 88 yearsEdmond Tollenaerestraat 27, 1020 BrusselsKBO/BCE: BE 0402.975.612 subsidiary of Cogefimo#2 company by staff growth in Brussels, Manufacturing sector

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €1.5m (2024)
€1.4m▼ 7.3%
peak €829,098 (2024)
€624,783▼ 24.6%
peak €584,351 (2017)
€468,998▲ 8.5%
€1.6m▲ 17.2%
peak 16.7 FTE (2025)
16.7 FTE▲ 11.3%
Board13 names since 2018all names
4 directorsOlivier Quertinmont and 3 others
Owners4 names in the annual accounts
55%Cogefimo and 3 others
Documentsfilings and deeds
26-06-202635 days before the deadline
2025financial year
Staff from 15 FTE to 16.7 FTEDebts from €1.4m to €1.6mInvestments €511,232Cash from €405,576 to €232,078

Key points

from the 2025 annual accounts

Equity

€468,998 ▲ 8.5%

Savonneries bruxelloises has made a profit in every financial year since 2006.

Debts

€1.6m 77% of the balance sheet
Financial debts 26%Suppliers 28%Taxes and wages 4%Other 43%

Of this, €1.2m falls due within a year.

Investments

€511,231 13.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 40.5% higher than in 2024.

Staff

22 employees on 31-12-2025
14162021240202320282025

In 2025, 20 people joined and 28 left.

Filings

49 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

The last five annual accounts were filed 35 to 153 days before the end of the period.

Position in the sector

€468,998

Less equity than 86% of companies in chemicals. Sector median €7.4m · 315 companies.

Checked score

88
Excellent
Financially stronger than 53% of small companies in chemicals (NACE 20)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

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).

Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged 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%● unchanged vs 11-2025 01-2026: 0.1%● unchanged 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 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026highest value 10-2026: 0.2%▼ -0.1 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Average

48-1equity 22.8% of total assets
35-8short-term debt 57.3% · cash 11.3%
100=return on assets 30.4%

Score breakdown

raises risk
Equity €468,998 (22.8% of total assets)
Size: 16.7 FTE, total assets €2.1m
lowers risk
Founded in 1938
Profit of €624,783 (financial year 2025)
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 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).

Comparable companies, two years later

In July 2024, 2,613 companies had the same profile as Savonneries bruxelloises has now. Each dot stands for 7 companies, two years later.

97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Savonneries bruxelloises itself: 0.2% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit verdict

Credit of up to €40,000 on 30-day terms is acceptable

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.

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

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €468,998 (22.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 1938
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 · Profit of €624,783 (financial year 2025)
NBB · annual accounts
raises risk · Size: 16.7 FTE, total assets €2.1m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 317 sector peers (2025).
NBB · sector comparison
Position among 317 sector peers
Solvency
better than 18%
← weakest strongest →
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
61 days early
2023
138 days early
2022
153 days early
2021
100 days early
2020
120 days early
2019
119 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 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.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 April (4 of the last 5 accounts filed within 53 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MM
Director, Maxime de Villenfagne de Vogelsanck
MM
Director, Maxime de Pecsteen de Buytswerve
and 1 other shareholderBoard & ownership

Recent changes

1 director appointed, 1 resignation, 4 reappointments Reappointments: Maité Oldenhove de Guertechin, MDV Management, MPE Management and Olivier Quertinmont · Appointment: Valentine d'Hoffschmidt · Resignation: Elinor Pecsteen · General meeting of 12-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0402975612
First establishment Edmond Tollenaerestraat 27, Brussels
All 57 events

Comparable companies

same main activity, similar in size and age
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.

Official details

Source: KBO
Status
Active since 07-10-1938Normal situation
Activity
Manufacture of chemicals and chemical productsNACE 20411
Establishment unit
2.006.426.9841020 Brussels, since 01-10-1938
Financial year end
31 December
Peppol
Reachable since 02-12-2025
Company details

Annual accounts 2025

≈ €2.4mestimated
€2.1m▲ 15.1%
Employeeson 31-12-2025
22▲ 4.8%
Filing
Filed on 26-06-2026, 35 days before the end of the filing period
Financials

Companies linked to Savonneries bruxelloises

Insights on Savonneries bruxelloises

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.

Key facts about Savonneries bruxelloises

What is the company number of Savonneries bruxelloises?
The company number of Savonneries bruxelloises is 0402.975.612. The VAT number is the same number with BE in front: BE 0402.975.612.
Where is Savonneries bruxelloises based?
The registered office is at Edmond Tollenaerestraat 27, 1020 Brussels.Company details
What does Savonneries bruxelloises do?
According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20411).
What is the legal form of Savonneries bruxelloises?
Savonneries bruxelloises is a public limited company (NV).
When was Savonneries bruxelloises founded?
Savonneries bruxelloises was founded on 07-10-1938.
Is Savonneries bruxelloises still active?
Yes, Savonneries bruxelloises is an active enterprise in the KBO register.
How many employees does Savonneries bruxelloises have?
Savonneries bruxelloises had an average of 16.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Savonneries bruxelloises?
The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €1.4m and 1,585 comparable companies of the same size. It probably lies between €1.6m and €3.9m. It is a rough estimate.
Is Savonneries bruxelloises profitable?
In financial year 2025, Savonneries bruxelloises made a profit of €624,783.
Where can I find the annual accounts of Savonneries bruxelloises?
Savonneries bruxelloises filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Savonneries bruxelloises due?
Savonneries bruxelloises must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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