Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
Savaco Holding from Kortrijk, company number BE0694841385, closed financial year 2025 with a result of € -546,132 after tax. For that financial year Savaco Holding recorded revenue of € 1.1 million and equity of € 31.8 million. Compared with financial year 2024, the result moved from € -367,387 to € -546,132. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 31.8 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -546,132
▼ 49 % more loss than in 2024
Profit after tax over the fiscal year.
€ 977
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 8.3 million.
Debts at end 2025
€ 16.8 million
▼ 8% vs 2024
€ 4.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 421,226
▲ 116% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 216 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 493,771 | € 1,165,590 | € 1,249,757 | € 1,129,753 | ▼ 10% |
| Profit after taxes | € 1,137,235 | € -263,998 | € -367,387 | € -546,132 | ▼ € 178,745 |
| Equity | € 31,004,410 | € 32,570,412 | € 32,203,025 | € 31,781,892 | ▼ 1% |
| Total debts | € 22,465,382 | € 22,866,825 | € 18,513,390 | € 17,279,835 | ▼ 7% |
| Cash | € 564,519 | € 219,453 | € 3,984 | € 977 | ▼ 75% |
| Retained profit | € 9,505,410 | € 9,241,412 | € 8,874,025 | € 8,327,892 | ▼ 6% |
| Bank debt | € 21,160,000 | € 19,320,000 | € 18,180,000 | € 16,764,468 | ▼ 8% |
| Balance sheet total | € 53,469,793 | € 55,437,236 | € 50,716,415 | € 49,061,727 | ▼ 3% |
Key figures of Savaco Holding, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Savaco Holding?
What happened at Savaco Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joseph H.M.A. (roepnaam Maurice) Bronckers stepped down as director. NBB
- Quidam V.O.F. stepped down as director. NBB
- Smart Dolphins VOF stepped down as director. NBB
- AAC Benelux Management B.V. stepped down as director. NBB
- Sander de Lange stepped down as director. NBB
- Callens Vandelanotte NV (B00083) stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. Source: NBB ↗
- Callens Vandelanotte NV (B00083) became a director. NBB
In short
From € 1.1 million profit in 2022 to € 546,132 loss in 2025.
Best year ever: 2022, with € 1.1 million profit.
Management
It owns 100% of Savaco itself.
Directors
According to the 2025 annual accounts
Joseph H.M.A. (roepnaam Maurice) Bronckers
Director
since 2024 · until 2030
Managing director · represented by Rik Vandemoortele
Also active at: ADVIES EN SERVICE CENTRUM VOOR INFORMATICA, SAVACO, TrueGEN, TECHNE IT SOLUTIONS
since 2024 · until 2030
Director · represented by Carl Sabbe
since 2024 · until 2030
AAC Benelux Management B.V.
Director · represented by Markus Staal
since 2024 · until 2030
Callens Vandelanotte NV (B00083)
Auditor · represented by Nikolas Vandelanotte - Bedrijfsrevisor
Also active at: DE WAAL SOLID FOUNDATIONS, Gezinszorg Villers, Callens, Vandelanotte & Theunissen, CERATEC, SAAMO West-Vlaanderen, AMERICA TODAY BELGIUM, SAVACO, Vereniging van de Vlaamse Provincies +4 more
since 2024 · until 2027
Sander de Lange
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Beneluxpark(Kor) 19
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0694.841.385
- VAT number
- BE 0694.841.385
- Registered office
- Beneluxpark(Kor) 19, 8500 Kortrijk
- Names & denominations
- Savaco Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 April 2018
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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