SAVPRO
ActiveThe computed 12-month bankruptcy probability of SAVPRO is 3.4% (moderate). The annual accounts of SAVPRO for fiscal year 2024 show a net loss of 62% of total assets and of 70% of the equity at the start of that year. The 2024 annual accounts show equity of €28k and a net result of €-66k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 36375 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency52▼-30
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.12 against 2.03 in 2023; short-term debt: 73.4% and cash: 10.4% of total assets), and 73.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
26.6%
Return on assets
-61.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
30 d late
2021
22 d late
2020
30 d late
2019
23 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€28k▼ 70.0%
2023 · €95k
2019: €27k
2020: €38k
2021: €7k
2022: €40k
2023: €95k
2019 → 2024
Total assets
€107k▼ 35.8%
2023 · €167k
2019: €68k
2020: €88k
2021: €57k
2022: €206k
2023: €167k
2019 → 2024
Net result
€-66k
2023 · €42k
2019: €20k
2020: €20k
2021: €-531
2022: €33k
2023: €42k
2019 → 2024
Working capital
€9k▼ 87.3%
2023 · €74k
2019: €42k
2020: €59k
2021: €-1k
2022: €27k
2023: €74k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€38k-€7k▼ 81.1%€40k▲ 453%€95k▲ 136%€28k▼ 70.0%
Operating result€27k-€2k▼ 92.1%€48k▲ 2,162%€59k▲ 22.6%€-64k
Net result€20k-€-531€33k€42k▲ 27.8%€-66k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €64k after €59k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €107k
Fixed assets
€19k▼ 7.1%
Current assets
€88k▼ 39.9%
Equity and liabilities €107k
Equity
€28k▼ 70.0%
Debt
€79k▲ 8.9%
The debt ratio rises from 43.3% to 73.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-56k▼
2023 · €63k
Cash flow
€-59k▼
2023 · €46k
Solvency
26.6%▼
2023 · 56.7%
Current ratio
1.12▼
2023 · 2.03
Quick ratio
1.12▼
2023 · 2.03
Debt / equity
2.76▲
2023 · 0.76
ROE
-232.8%▼
2023 · 44.5%
ROA
-61.8%▼
2023 · 25.2%
Interest coverage
-25.13▼
2023 · 24.61
Debt
€79k▲
2023 · €72k
Debt ≤ 1 year
€79k▲
2023 · €72k
Income taxes
€221▼
2023 · €14k
Staff costs
€38k▼
2023 · €52k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€167k€107k▼
Fixed assets21/28€21k€19k▼
Tangible fixed assets22/27€20k€19k▼
Furniture and vehicles24€16k€10k▼
Other tangible fixed assets26€4k€9k▲
Financial fixed assets28€475€475=
Current assets29/58€147k€88k▼
Amounts receivable within one year40/41€22k€72k▲
Trade receivables40-€53k
Other amounts receivable41€22k€19k▼
Cash at bank and in hand54/58€118k€11k▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€167k€107k▼
Equity10/15€95k€28k▼
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€75k€9k▼
Amounts payable17/49€72k€79k▲
Amounts payable within one year42/48€72k€79k▲
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€18k€67k▲
Suppliers440/4€18k€67k▲
Advances received on contracts in progress46€37k-
Taxes, remuneration and social security45€15k€12k▼
Taxes450/3€6k-
Remuneration and social security454/9€9k€12k▲
Income statement
Code20232024
Remuneration, social security and pensions62€52k€38k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k▲
Other operating charges640/8€7k€1k▼
Gross operating margin9900€122k€-17k▼
Operating profit (loss)9901€59k€-64k▼
Financial income75/76B€3-
Recurring financial income75€3-
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€56k€-66k▼
Income taxes67/77€14k€221▼
Profit (loss) for the period9904€42k€-66k▼
Profit (loss) for the period to be appropriated9905€42k€-66k▼
Appropriation of the result
Profit (loss) to be appropriated9906€75k€9k▼
Profit (loss) brought forward from the previous period14P€33k€75k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-66k ▼257%
Net result drops to €-66k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2019net €42k ▲27.8%
Operating result €59k, net result €42k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Nivelles · 1 establishment unit since 2019
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.
Rue de Bratislava 141400 NivellesGround area
619 m²
Building footprint
112 m²
Volume, LiDAR
779 m³
Parcel 25072B0379/00V003, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SAVPRO
since 20192.283.944.776
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25072B0379/00V003 | Wallonia | 619 m² | 1 · 112 m² | 9.0 m · 2 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.
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,324. 7,894 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-2019
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
62020IT consultancy
62200Computer consultancy and computer facilities management
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@savpro.be
Phone:+32472133681