SAVOYE
InactiveSAVOYE was declared bankrupt on 09-08-2022 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 28-09-2023, published in the Belgian State Gazette on 06-10-2023.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 30-12-2020, 152 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
152 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, micro schema
Equity
€-19k▲ 33.1%
2018 · €-28k
2018: €-28k
2018 → 2019
Total assets
€83k▼ 30.2%
2018 · €118k
2018: €118k
2018 → 2019
Net result
€9k▼ 44.6%
2018 · €17k
2018: €17k
2018 → 2019
Working capital
€-63k▲ 20.6%
2018 · €-80k
2018: €-80k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€-28k-€-19k▲ 33.1%
Operating result€18k-€11k▼ 39.4%
Net result€17k-€9k▼ 44.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2019; 2019 is 39% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €83k
Fixed assets
€54k ▼ 21.5%
Current assets
€29k ▼ 42.4%
Key figures and ratios
EBITDA
€26k▼
2018 · €35k
Cash flow
€24k▼
2018 · €33k
Solvency
-22.6%▲
2018 · -23.6%
Current ratio
0.31▼
2018 · 0.38
Quick ratio
0.16▼
2018 · 0.27
Debt to equity
-0.29▲
2018 · -0.42
ROA
11.2%▼
2018 · 14.1%
Debt
€101k▼
2018 · €146k
Debt ≤ 1 year
€92k▼
2018 · €129k
Debt > 1 year
€6k▼
2018 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2019 against 2018 · 24 lines
Balance sheet
Code20182019
Assets
Total assets20/58€118k€83k▼
Fixed assets21/28€69k€54k▼
Tangible fixed assets22/27€67k€53k▼
Financial fixed assets28€2k€2k=
Current assets29/58€50k€29k▼
Stocks and contracts in progress3€14k€14k▼
Amounts receivable within one year40/41€18k€5k▼
Cash at bank and in hand54/58€17k€10k▼
Equity and liabilities
Total equity and liabilities10/49€118k€83k▼
Equity10/15€-28k€-19k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-47k€-37k▲
Amounts payable17/49€146k€101k▼
Amounts payable after more than one year17€12k€6k▼
Amounts payable within one year42/48€129k€92k▼
Trade debts44€20k-
Income statement
Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€15k▼
Gross operating margin9900€144k€142k▼
Operating profit (loss)9901€18k€11k▼
Recurring financial income75€13€14▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€17k€9k▼
Profit (loss) for the period9904€17k€9k▼
Profit (loss) for the period to be appropriated9905€17k€9k▼
Timeline · acts, filings and financial milestones
2023
06-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · SAVOYE BVBA SAVOYESTRAAT 9-11, 3000 LEUVEN · event 28-09-2023
2022
17-08
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · SAVOYE BVBA SAVOYE- STRAAT 9-11, 3000 LEUVEN · event 09-08-2022
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 152 days late
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
SignalNBB filing
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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ILSE VAN DE MIEROP WOLSTRAAT 70, 1000 BRUSSEL 1- |
09-08-2022 → 28-09-2023 |