SAVEX
ActiveSummary
SAVEX has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €-1k. Its solvency ranks better than 16% of 394 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability30▼-63
Solvency36▼-35
Growth32
Track record82
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.99 against 1.77 in 2024; short-term debt: 87.3% and cash: 1.4% of total assets), and 89.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
10.6%
Return on assets
-1.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 394 sector peers (2025).
NBB · sector comparisonPosition among 394 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 2 filingsDeviation from the deadline
2025
28 d late
2024
40 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€11k
EBIT margin
27.0%
Net result
€-1k
2024 · €3k
2024: €3k
2025: €-1k▼ -141% vs 2024
2024 → 2025
Working capital
€-426
2024 · €7k
2024: €7k
2025: €-426▼ -106% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€11k-
Equity€8k-€7k▼ 14.4%
2024: €8k
2025: €7k▼ -14.4% vs 2024
Operating result€3k-€3k▲ 10.7%
2024: €3k
2025: €3k▲ +10.7% vs 2024
Net result€3k-€-1k
2024: €3k
2025: €-1k▼ -141% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62k
Fixed assets
€8k ▲ 862%
Current assets
€54k ▲ 244%
Equity and liabilities €62k
Equity
€7k ▼ 14.4%
Debt
€56k ▲ 527%
Debt's share of the balance-sheet total rises from 53.6% to 89.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▲
2024 · €3k
Cash flow
€-780▼
2024 · €3k
Current ratio
0.99▼
2024 · 1.77
Debt to equity
8.47▲
2024 · 1.16
ROE
-16.8%▼
2024 · 34.8%
ROA
-1.8%▼
2024 · 16.1%
Interest coverage
1.58▼
2024 · 15.51
Debt ≤ 1 year
€54k▲
2024 · €9k
Income taxes
€2k
Staff costs
€47k
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€17k€62k▲
Fixed assets21/28€862€8k▲
Tangible fixed assets22/27€862€1k▲
Other tangible fixed assets26€862€1k▲
Financial fixed assets28-€7k
Current assets29/58€16k€54k▲
Amounts receivable within one year40/41€8k€53k▲
Trade receivables40€8k€49k▲
Other amounts receivable41-€4k
Cash at bank and in hand54/58€8k€894▼
Deferred charges and accrued income490/1€32€0▼
Equity and liabilities
Total equity and liabilities10/49€17k€62k▲
Equity10/15€8k€7k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€3k€2k▼
Amounts payable17/49€9k€56k▲
Amounts payable within one year42/48€9k€54k▲
Trade debts44€8k€27k▲
Suppliers440/4€8k€27k▲
Taxes, remuneration and social security45€550€27k▲
Taxes450/3€550€20k▲
Remuneration and social security454/9-€7k
Other amounts payable47/48€57€184▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Turnover70€11k-
Goods, raw materials, services and sundry goods60/61€8k-
Remuneration, social security and pensions62-€47k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1€322▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€680
Other operating charges640/8-€353
Gross operating margin9900€3k€51k▲
Operating profit (loss)9901€3k€3k▲
Financial income75/76B-€218
Recurring financial income75-€218
Financial charges65/66B€184€2k▲
Recurring financial charges65€184€2k▲
Profit (loss) for the period before taxes9903€3k€1k▼
Income taxes67/77-€2k
Profit (loss) for the period9904€3k€-1k▼
Profit (loss) for the period to be appropriated9905€3k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€2k▼
Profit (loss) brought forward from the previous period14P-€3k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €11k | - | - |
| Goods, raw materials, services and sundry goods60/61 | €8k | - | - |
| Remuneration, social security and pensions62 | - | €47k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1 | €322 | ▲ 34,543% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €680 | - |
| Other operating charges640/8 | - | €353 | - |
| Gross operating margin9900 | €3k | €51k | ▲ 1,708% |
| Operating profit (loss)9901 | €3k | €3k | ▲ 10.7% |
| Financial income75/76B | - | €218 | - |
| Recurring financial income75 | - | €218 | - |
| Financial charges65/66B | €184 | €2k | ▲ 1,099% |
| Recurring financial charges65 | €184 | €2k | ▲ 1,099% |
| Profit (loss) for the period before taxes9903 | €3k | €1k | ▼ 56.2% |
| Income taxes67/77 | - | €2k | - |
| Profit (loss) for the period9904 | €3k | €-1k | ▼ 141% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-1k | ▼ 141% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €17k | €62k | ▲ 276% |
| Fixed assets21/28 | €862 | €8k | ▲ 862% |
| Tangible fixed assets22/27 | €862 | €1k | ▲ 49.4% |
| Other tangible fixed assets26 | €862 | €1k | ▲ 49.4% |
| Financial fixed assets28 | - | €7k | - |
| Current assets29/58 | €16k | €54k | ▲ 244% |
| Amounts receivable within one year40/41 | €8k | €53k | ▲ 579% |
| Trade receivables40 | €8k | €49k | ▲ 530% |
| Other amounts receivable41 | - | €4k | - |
| Cash at bank and in hand54/58 | €8k | €894 | ▼ 88.6% |
| Deferred charges and accrued income490/1 | €32 | €0 | ▼ 100% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €17k | €62k | ▲ 276% |
| Equity10/15 | €8k | €7k | ▼ 14.4% |
| Contributions10/11 | €5k | €5k | = |
| Profit (loss) carried forward14 | €3k | €2k | ▼ 41.4% |
| Amounts payable17/49 | €9k | €56k | ▲ 527% |
| Amounts payable within one year42/48 | €9k | €54k | ▲ 513% |
| Trade debts44 | €8k | €27k | ▲ 230% |
| Suppliers440/4 | €8k | €27k | ▲ 230% |
| Taxes, remuneration and social security45 | €550 | €27k | ▲ 4,780% |
| Taxes450/3 | €550 | €20k | ▲ 3,457% |
| Remuneration and social security454/9 | - | €7k | - |
| Other amounts payable47/48 | €57 | €184 | ▲ 225% |
| Accrued charges and deferred income492/3 | - | €1k | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-1k | ▼ 141% |
| + Depreciation and write-downs630 | €1 | €322 | ▲ 34,543% |
| Operating cash flow (approximation) | €3k | €-780 | ▼ 129% |
| Investment in fixed assets (approximation) | - | €-8k | - |
| Change in cash | - | €-7k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Registered office, Sprimont · 1 establishment unit since 2024
Ground area
3,554 m²
Building footprint
218 m²
Parcel 62045A0055/00T004, Wallonia. Linked by address, not a title deed.
1 establishment unit
SAVEX
since 20242.366.909.767
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62045A0055/00T004 | Wallonia | 3,554 m² | 1 · 218 m² | - |
Linked by address, not proof of ownership
Good to know
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 24 companies in sector 28293 we hold annual accounts for 20. 5 are within a factor 10 of this equity. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
27900Manufacture of electrical equipment
28293Manufacture of machinery and equipment not elsewhere classified
33120Repair and maintenance of machinery
46649Wholesale of other machinery and equipment
46851Wholesale of industrial chemicals
74999Other professional, scientific and technical activities
Contact
E-mail
pascalclarenne@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.