TAX SAVING
ActiveSummary
TAX SAVING has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €32k. Equity is shrinking by ~22.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 63% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+2
Solvency93▲+2
Growth49▲+17
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.88 against 2.22 in 2024; short-term debt: 31.6% and cash: 64.2% of total assets), and 31.6% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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
68.4%
Return on assets
24.2%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €91k
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 20-04-2026, 101 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
101 d early
2024
106 d early
2023
22 d early
2022
48 d early
2021
124 d early
2020
36 d early
2019
83 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-12-2026 close30-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€143k▼ 0.8%
2020 · €144k
2020: €144k
2020 → 2021
EBIT margin
-50.2%▼ 28.0pp
2020 · -22.1%
2020: -22.1%
2020 → 2021
Net result
€32k▲ 63.7%
2024 · €20k
2018: €27k
2019: €452
2020: €-29k
2021: €-42k
2022: €11k
2023: €28k
2024: €20k
2018 → 2025
Working capital
€79k▲ 118%
2024 · €36k
2018: €202k
2019: €197k
2020: €192k
2021: €166k
2022: €-14k
2023: €6k
2024: €36k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€143k-
Equity€169k-€30k▼ 82.0%€39k▲ 28.2%€59k▲ 50.4%€91k▲ 54.9%
Operating result€-72k-€11k€31k▲ 168%€22k▼ 26.8%€52k▲ 130%
Net result€-42k-€11k€28k▲ 153%€20k▼ 29.7%€32k▲ 63.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 130% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €133k
Fixed assets
€12k ▼ 46.6%
Current assets
€121k ▲ 83.7%
Equity and liabilities €133k
Equity
€91k ▲ 54.9%
Debt
€42k ▲ 41.6%
Debt's share of the balance-sheet total falls from 33.6% to 31.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€63k▲
2024 · €33k
Cash flow
€43k▲
2024 · €31k
Current ratio
2.88▲
2024 · 2.22
Debt to equity
0.46▼
2024 · 0.51
ROE
35.4%▲
2024 · 33.5%
ROA
24.2%▲
2024 · 22.3%
Interest coverage
186.04▼
2024 · 429.35
Debt ≤ 1 year
€42k▲
2024 · €30k
Income taxes
€19k▲
2024 · €3k
Staff costs
€38k▲
2024 · €36k
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 · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€88k€133k▲
Fixed assets21/28€23k€12k▼
Tangible fixed assets22/27€22k€12k▼
Furniture and vehicles24€22k€12k▼
Financial fixed assets28€610€160▼
Current assets29/58€66k€121k▲
Amounts receivable within one year40/41€11k€31k▲
Trade receivables40€11k€31k▲
Other amounts receivable41-€638
Cash at bank and in hand54/58€53k€85k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€88k€133k▲
Equity10/15€59k€91k▲
Contributions10/11€1k€1k=
Reserves13€59k€91k▲
Distributable reserves133€59k€91k▲
Profit (loss) carried forward14€-999€-999=
Amounts payable17/49€30k€42k▲
Amounts payable within one year42/48€30k€42k▲
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€10k€18k▲
Taxes450/3€5k€9k▲
Remuneration and social security454/9€4k€9k▲
Other amounts payable47/48€18k€19k▲
Income statement
Code20242025
Remuneration, social security and pensions62€36k€38k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€969€822▼
Gross operating margin9900€70k€101k▲
Operating profit (loss)9901€22k€52k▲
Financial income75/76B€197€321▲
Recurring financial income75€197€321▲
Financial charges65/66B€78€338▲
Recurring financial charges65€78€338▲
Profit (loss) for the period before taxes9903€23k€52k▲
Income taxes67/77€3k€19k▲
Profit (loss) for the period9904€20k€32k▲
Profit (loss) for the period to be appropriated9905€20k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€31k▲
Profit (loss) brought forward from the previous period14P€-999€-999=
Transfer to equity691/2€20k€32k▲
To other reserves6921€20k€32k▲
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
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-12
Financial
Highest result since 2018net €32k ▲63.7%
Operating result €52k, net result €32k, both a record.
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
08-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
10-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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 · 2 establishment units since 2018
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.
Louizalaan 3901050 ElseneGround area
1,228 m²
Building footprint
529 m²
Volume, LiDAR
8,602 m³
Parcel 21807G0218/00E016, Brussels · tallest building 24.9 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
Tax Saving Laeken
since 20182.279.458.824
Tax Saving Gouvy
since 20182.279.458.923
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0218/00E016 | Brussels | 1,228 m² | 1 · 529 m² | 24.9 m · 7 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.
Similar companies · same sector, comparable size
GENERAL FISCO Service
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BE 0656.749.683
Dinant · Eq €90,934
DIGICOMPTA
BE 0772.787.221
Mons · Eq €91,095
AMBANTACH
BE 0800.966.216
Amay · Eq €91,159
OFFICE ORGANISATION ACCOUNTING SERVICES and CONSULT
BE 0437.627.079
Deinze · Eq €91,173
Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,446 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-1991
Fiscal year end30-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.