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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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2026; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2026.
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Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
SAVANNE from Merchtem, company number BE0887174272, closed financial year 2026 with a result of € 198,470 after tax. For that financial year SAVANNE recorded a gross margin of € 525,958 and equity of € 273,637. Compared with financial year 2025, the result moved from € 403,157 to € 198,470. The company is profitable. The buffer shrank hard: equity is 84 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 273,637
▼ 84% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 198,470
▼ 51% vs 2025
Profit after tax over the fiscal year.
€ 1.6 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
€ 64,478
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 327,766
▼ 23% vs 2025
€ 46,851 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 65,291
▲ 191% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 72,248
▲ € 67,918 vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 530,333 | € 565,818 | € 874,227 | € 525,958 | ▼ 40% |
| Profit after taxes | € 161,074 | € 207,349 | € 403,157 | € 198,470 | ▼ 51% |
| Equity | € 1,068,819 | € 1,276,168 | € 1,679,325 | € 273,637 | ▼ 84% |
| Total debts | € 1,900,634 | € 1,347,486 | € 747,588 | € 2,761,391 | ▲ 269% |
| Land & buildings | € 2,741,972 | € 2,570,618 | € 2,302,037 | € 2,475,561 | ▲ 8% |
| Retained profit | € 1,000,485 | € 1,207,834 | € 1,610,991 | € 205,303 | ▼ 87% |
| Dividend | € 0 | € 0 | € 0 | € 1,604,158 | |
| Bank debt | € 1,271,253 | € 865,223 | € 423,109 | € 327,766 | ▼ 23% |
| Balance sheet total | € 2,969,453 | € 2,623,654 | € 2,426,913 | € 3,035,028 | ▲ 25% |
Key figures of SAVANNE, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to SAVANNE?
What happened at SAVANNE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jo WILLEMYNS stepped down as director. NBB
- Kris CASTELEIN stepped down as director. NBB
- Stefan GOETHAERT stepped down as director. NBB
- Stefaan VANDAMME stepped down as director. NBB
- Corrected annual accounts filed for financial year 2026. Source: NBB ↗
- Jo WILLEMYNS became a director. NBB
- Stefan GOETHAERT became a director. NBB
- Kris CASTELEIN became a director. NBB
In short
From € 161,074 profit in 2022 to € 198,470 profit in 2026.
Paid € 352,956 in corporate taxes since 2022.
Best year ever: 2025, with € 403,157 profit.
Paid out € 1.6 million in dividends to the owners in total.
A new publication or filing at SAVANNE? 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 THE FASHION SOCIETY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SAVANNEThe shares are held by THE FASHION SOCIETY (100%).
Directors
According to the 2026 annual accounts
Jo WILLEMYNS
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, FASHION STORE, BAVINGSVELD +34 more
since 2023 · until 2027
Kris CASTELEIN
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, FASHION STORE, BAVINGSVELD +29 more
since 2020 · until 2027
Stefan GOETHAERT
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, FASHION STORE, BAVINGSVELD +36 more
since 2023 · until 2027
Stefaan VANDAMME
Director
Also active at: USIMEX - INVEST, DE PRINS RETAIL, SUPERMARKT MAGDA, JIMS, Supermarkt De Belie, CEDOX, FASHION STORE, BAVINGSVELD +36 more
since 2020 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 185
1785 Merchtem
Brusselsesteenweg 183
1785 Merchtem
Active since 6 February 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
All companies at this address →CAVRILO same network
€ 2.4 million gross margin · 2026
SAVERMO same network
€ 2.5 million gross margin · 2026
BELLACOOLA same network
€ 2.4 million gross margin · 2026
Nationale4 same network
€ 1.6 million gross margin · 2026
ANTWERP FASHION OUTLET same network
€ 2.3 million gross margin · 2026
+13 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
- 0887.174.272
- VAT number
- BE 0887.174.272
- Registered office
- Brusselsesteenweg 185, 1785 Merchtem
- Names & denominations
- SAVANNE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 2007
- Peppol
- Active · Active since 21 Aug 2025
- Activities · NACE
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