Savoie 10
ActiveThe computed 12-month bankruptcy probability of Savoie 10 is 7.9% (elevated). The 2024 annual accounts show equity of €8k and a net result of €332. Equity is growing by ~26.9% per year across the filed fiscal years. Its solvency ranks better than 54% of 18944 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability56▲+2
Solvency58▲+4
Growth52=
Track record94
Bankruptcy probability, 12 months
7.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.28 against 1.5 in 2023; short-term debt: 66.8% and cash: 57.5% of total assets), and 66.8% 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 · 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 →
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 · 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
33.2%
Return on assets
1.4%
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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
92 d late
2022
77 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€8k▲ 4.5%
2023 · €7k
2022: €4k
2023: €7k
2022 → 2024
Total assets
€23k▼ 10.1%
2023 · €26k
2022: €32k
2023: €26k
2022 → 2024
Net result
€332▼ 50.4%
2023 · €670
2022: €4k
2023: €670
2022 → 2024
Working capital
€4k▼ 30.7%
2023 · €6k
2022: €7k
2023: €6k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€4k-€7k▲ 97.7%€8k▲ 4.5%
Operating result€6k-€2k▼ 62.6%€2k▼ 27.8%
Net result€4k-€670▼ 82.2%€332▼ 50.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 28% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €23k
Fixed assets
€3k▼ 51.4%
Current assets
€20k▲ 4.7%
Equity and liabilities €23k
Equity
€8k▲ 4.5%
Debt
€16k▼ 15.9%
The debt ratio falls from 71.4% to 66.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▼
2023 · €6k
Cash flow
€4k▼
2023 · €4k
Solvency
33.2%▲
2023 · 28.6%
Current ratio
1.28▼
2023 · 1.50
Quick ratio
1.08▲
2023 · 1.06
Debt / equity
2.01▼
2023 · 2.50
ROE
4.3%▼
2023 · 9.0%
ROA
1.4%▼
2023 · 2.6%
Interest coverage
4.20▲
2023 · 3.88
Debt
€16k▼
2023 · €19k
Debt ≤ 1 year
€16k▲
2023 · €13k
Staff costs
€298▲
2023 · €56
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€26k€23k▼
Fixed assets21/28€7k€3k▼
Tangible fixed assets22/27€7k€3k▼
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€440€220▼
Current assets29/58€19k€20k▲
Stocks and contracts in progress3€6k€3k▼
Stocks30/36€6k€3k▼
Amounts receivable within one year40/41€5k€3k▼
Other amounts receivable41€5k€3k▼
Cash at bank and in hand54/58€9k€13k▲
Deferred charges and accrued income490/1€331€466▲
Equity and liabilities
Total equity and liabilities10/49€26k€23k▼
Equity10/15€7k€8k▲
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€3k€3k=
Profit (loss) carried forward14€4k€5k▲
Amounts payable17/49€19k€16k▼
Amounts payable within one year42/48€13k€16k▲
Trade debts44€12k€16k▲
Suppliers440/4€12k€16k▲
Other amounts payable47/48€1k-
Accrued charges and deferred income492/3€6k-
Income statement
Code20232024
Non-recurring operating income76A€6k€6k=
Remuneration, social security and pensions62€56€298▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€769€1k▲
Gross operating margin9900€6k€6k▲
Operating profit (loss)9901€2k€2k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€670€332▼
Profit (loss) for the period9904€670€332▼
Profit (loss) for the period to be appropriated9905€670€332▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€5k▲
Profit (loss) brought forward from the previous period14P€4k€4k▲
The notes to these accounts (3 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 €332 ▼50.4%
Net result drops to €332, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
16-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 77 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Koekelberg · 1 establishment unit since 2021
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.
Leopold II-laan 2161081 KoekelbergGround area
171 m²
Building footprint
174 m²
Volume, LiDAR
1,357 m³
2 parcels, Brussels · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
LE MODA NOVA
since 20212.317.223.892
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0386/00Z018 | Brussels | 109 m² | 1 · 111 m² | 16.7 m · 5 fl. |
| 21492B0455/00A000 | Brussels | 62 m² | 1 · 63 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteSint-Gillis2.317.223.892
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 3,267 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2021
Fiscal year end31-12
Activities, NACEBEL
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
56102Limited-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:daniellfrancois@hotmail.com