Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SAVAAN from Sint-Martens-Latem, company number BE0827430388, closed financial year 2025 with a result of € 143,409 after tax. For that financial year SAVAAN recorded a gross margin of € 360,876 and equity of € 183,921. Compared with financial year 2024, the result moved from € 118,898 to € 143,409. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 183,921
▲ € 143,409 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 143,409
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 147,005
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -316,079.
Debts at end 2025
€ 2.6 million
€ 117,645 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 15,224
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,465
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 251,966 | € 327,967 | € 339,059 | € 360,876 | ▲ 6% |
| Profit after taxes | € 39,869 | € 97,560 | € 118,898 | € 143,409 | ▲ 21% |
| Equity | € -175,947 | € -78,386 | € 40,512 | € 183,921 | ▲ € 143,409 |
| Total debts | € 2,945,221 | € 2,869,504 | € 2,869,199 | € 2,866,272 | |
| Cash | € 14,232 | € 154,020 | € 385,531 | € 147,005 | ▼ 62% |
| Land & buildings | € 2,747,867 | € 2,629,876 | € 2,513,847 | € 2,395,832 | ▼ 5% |
| Retained profit | € -675,947 | € -578,386 | € -459,488 | € -316,079 | ▲ € 143,409 |
| Bank debt | € 2,781,286 | € 2,692,191 | € 2,636,328 | € 2,623,873 | |
| Balance sheet total | € 2,769,274 | € 2,791,118 | € 2,909,711 | € 3,050,193 | ▲ 5% |
Key figures of SAVAAN, 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 SAVAAN?
What happened at SAVAAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- I.B.I.S. NV stepped down as director. NBB
- MIVC BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 143,409 (▲ 21% vs 2024). Source: NBB ↗
- MIVC BV became a director. NBB
- I.B.I.S. NV became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,869 profit in 2022 to € 143,409 profit in 2025.
Best year ever: 2025, with € 143,409 profit.
A new publication or filing at SAVAAN? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BRUMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SAVAANThe shares are held by BRUMMO (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Mieke Claerhout
Also active at: BRISTOL PROJECTS, CHATEAU CLASSICS, LOCACEL, BRUMMO, Gelb-Immo, LEEUWERIK, Kortrijksepoort
since 2021 · until 2027
Managing director · represented by Miguel Van Canneyt
Also active at: BRISTOL PROJECTS, CHATEAU CLASSICS, LOCACEL, BRUMMO, I.B.I.S., Gelb-Immo, LEEUWERIK, Kortrijksepoort +1 more
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 23 box 4
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →BRISTOL PROJECTS same network
€ -84,465 gross margin · 2025
CHATEAU CLASSICS same network
€ 331,643 gross margin · 2025
LOCACEL same network
€ 671,881 gross margin · 2025
BRUMMO same network
€ 568,241 gross margin · 2025
Gelb-Immo same network
€ 127,244 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0827.430.388
- VAT number
- BE 0827.430.388
- Registered office
- Kortrijksesteenweg 23 bus 4, 9830 Sint-Martens-Latem
- Names & denominations
- SAVAAN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2010
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Bouwrijp maken van terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis