SAVOY
ActiveThe computed 12-month bankruptcy probability of SAVOY is 1.6% (moderate). The 2025 annual accounts show equity of €466k and a net result of €157k. Equity is growing by ~31.3% per year across the filed fiscal years. Its solvency ranks better than 57% of 3674 sector peers (fiscal year 2025). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-4
Solvency61▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 0.95 in 2024; short-term debt: 57.3% and cash: 19.9% of total assets), and 63.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 2025Solvency, return and age of the figures
Solvency
36.5%
Return on assets
12.3%
Age of the figures
9 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 11-07-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
27 d late
2023
24 d late
2022
30 d late
2021
31 d late
2020
19 d late
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€157k▼ 18.7%
2024 · €193k
2018: €-191k
2019: €115k
2020: €264k
2021: €251k
2022: €284k
2023: €68k
2024: €193k
2018 → 2025
Working capital
€97k
2024 · €-32k
2018: €-126k
2019: €56k
2020: €282k
2021: €-85k
2022: €-47k
2023: €-210k
2024: €-32k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€341k-€450k▲ 31.7%€342k▼ 23.9%€422k▲ 23.3%€466k▲ 10.4%
Operating result€234k-€354k▲ 51.0%€65k▼ 81.7%€235k▲ 263%€192k▼ 18.1%
Net result€251k-€284k▲ 13.0%€68k▼ 76.0%€193k▲ 183%€157k▼ 18.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.28M
Fixed assets
€448k▼ 21.1%
Current assets
€829k▲ 25.7%
Equity and liabilities €1.28M
Equity
€466k▲ 10.4%
Debt
€812k▲ 0.8%
The debt ratio falls from 65.6% to 63.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€340k▼
2024 · €379k
Cash flow
€304k▼
2024 · €337k
Solvency
36.5%▲
2024 · 34.4%
Current ratio
1.13▲
2024 · 0.95
Quick ratio
1.09▲
2024 · 0.89
Debt / equity
1.74▼
2024 · 1.91
ROE
33.7%▼
2024 · 45.7%
ROA
12.3%▼
2024 · 15.7%
Interest coverage
29.27▼
2024 · 48.61
Debt
€812k▲
2024 · €805k
Debt ≤ 1 year
€732k▲
2024 · €691k
Debt > 1 year
€76k▼
2024 · €107k
Income taxes
€51k▼
2024 · €67k
Staff costs
€1.36M▲
2024 · €1.36M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.23M€1.28M▲
Fixed assets21/28€568k€448k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€566k€447k▼
Other tangible fixed assets26€566k€447k▼
Current assets29/58€659k€829k▲
Amounts receivable after more than one year29€233k€527k▲
Trade receivables290€233k€527k▲
Stocks and contracts in progress3€42k€30k▼
Stocks30/36€42k€30k▼
Amounts receivable within one year40/41€17k€9k▼
Trade receivables40€17k€9k▼
Cash at bank and in hand54/58€360k€254k▼
Deferred charges and accrued income490/1€7k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.23M€1.28M▲
Equity10/15€422k€466k▲
Contributions10/11€31k€31k=
Reserves13€46k€46k=
Tax-exempt reserves132€40k€40k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€269k€338k▲
Investment grants15€76k€51k▼
Amounts payable17/49€805k€812k▲
Amounts payable after more than one year17€107k€76k▼
Financial debts170/4€107k€76k▼
Amounts payable within one year42/48€691k€732k▲
Current portion of amounts payable after more than one year42€31k€61k▲
Trade debts44€215k€213k▼
Suppliers440/4€215k€213k▼
Advances received on contracts in progress46€881-
Taxes, remuneration and social security45€298k€316k▲
Taxes450/3€57k€89k▲
Remuneration and social security454/9€241k€227k▼
Other amounts payable47/48€147k€142k▼
Accrued charges and deferred income492/3€7k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.36M€1.36M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€145k€147k▲
Other operating charges640/8€3k€6k▲
Gross operating margin9900€1.74M€1.71M▼
Operating profit (loss)9901€235k€192k▼
Financial income75/76B€33k€27k▼
Recurring financial income75€33k€27k▼
Financial charges65/66B€8k€12k▲
Recurring financial charges65€8k€12k▲
Profit (loss) for the period before taxes9903€260k€208k▼
Income taxes67/77€67k€51k▼
Profit (loss) for the period9904€193k€157k▼
Transfer to tax-exempt reserves689€40k-
Profit (loss) for the period to be appropriated9905€153k€157k▲
Appropriation of the result
Profit (loss) to be appropriated9906€356k€425k▲
Profit (loss) brought forward from the previous period14P€203k€269k▲
Profit to be distributed694/7€88k€88k=
Return on contributions (dividend)694€88k€88k=
Social balance
Average headcount (FTE)908721.422.0▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 24 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €284k ▲13%
Operating result €354k, net result €284k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €200kEq €341k ▲106%
3 profitable years in a row build equity to €341k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 2.59
Current ratio from 1.12 to 2.59; short-term debt falls from €453k to €177k.
31-12
Financial
Equity above €150kEq €166k
2 profitable years in a row build equity to €166k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Back to profitnet €115k
Net result €115k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Elsene · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Georges Brugmannplein 34-351050 ElseneGround area
526 m²
Building footprint
524 m²
Volume, LiDAR
13,186 m³
Parcel 21447B0313/00M025, Brussels · tallest building 30.7 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
AU SAVOY
since 19902.047.426.015
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0313/00M025 | Brussels | 526 m² | 1 · 524 m² | 30.7 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.047.426.015
Legal Entity Identifier
254900WR80LO6Y4IP354
Similar companies · same sector, comparable size
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DAVST
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HORECA DISTRIBUTION
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BE 0420.201.426
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K.F.C. SCHOONBROEK
BE 0413.337.388
Retie · Eq €471k
Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 2,088 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-1990
Fiscal year end31-12
Activities, NACEBEL
55301
55401
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.