ACTIVE

SAVIC

Financial year 2025 · closed on 31/12/2025
Net result
-520,9 k €
-180.2% YoY
Revenue
14,3 M €
-25.1% YoY
Equity
11,4 M €
-4.4% YoY
Workforce
82,1 ETP
-7.9% YoY

What does SAVIC do?

SAVIC is a Public limited company incorporated in 1966. Its registered office is in Kortrijk. It employs on average 82,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.364.879
Incorporation
14/04/1966
Legal form
Public limited company
Registered office
Ringlaan(Heu) 10
8501 Kortrijk · FlandreSee on map
Contributed capital
800 000,00 €
Latest accounts
31/12/2025
Average workforce
82,1 ETP
Joint committees (4)
  • 105
  • 111
  • 209
  • 50
Contacts
2 public details availableLog in to view
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue14,3 M €19,1 M €21,4 M €23,6 M €31,7 M €
EBITDA1,3 M €2,7 M €3,5 M €1,2 M €3,2 M €
Operating result-291,2 k €1,1 M €1,8 M €-438,9 k €1,7 M €
Net result-520,9 k €649,2 k €1,3 M €-789,5 k €966,4 k €
Balance sheet
Equity11,4 M €11,9 M €12,2 M €11 M €11,8 M €
Total assets15,7 M €17,7 M €21 M €21,4 M €22,4 M €
Cash1,4 M €1,4 M €935,5 k €977,6 k €1,1 M €
Debts3,3 M €4,6 M €7,6 M €9,2 M €9,4 M €
Other
Workforce82,1 ETP89,1 ETP96,9 ETP113,3 ETP118,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 31 ended

Active mandates

Anne-Sofie Doornaert

Managing director · since 10 juin 2025 · until 11 juin 2030

Active
Dragan Doornaert

Managing director · since 10 juin 2025 · until 11 juin 2030

Active
EDOSA

Director · since 10 juin 2025 · until 11 juin 2030 · 0429.172.045

Represented by Eric Doornaert

Active
Mirjana Savic

Managing director · since 10 juin 2025 · until 11 juin 2030

Active

Ended mandates

Anne-Sofie Doornaert

Managing director · since 09 juin 2020 · until 10 juin 2025

Ended
Dragan Doornaert

Managing director · since 09 juin 2020 · until 10 juin 2025

Ended
EDOSA

Director · since 09 juin 2020 · until 10 juin 2025 · 0429.172.045

Represented by Eric DOORNAERT

Ended
EDOSA

Director · since 09 juin 2020 · until 10 juin 2025 · 0429.172.045

Represented by Doornaert ERIC

Ended
At this address

Other companies at this address

CompanyCBE no.
NEDALActive
0775.597.251
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/07/202616/06/202516/07/202427/06/202304/07/202224/06/2021
General meeting09/06/202610/06/202511/06/202413/06/202314/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202509/06/202614/07/2026DutchPDF
Full model31/12/202410/06/202516/06/2025DutchPDF
Full model31/12/202311/06/202416/07/2024DutchPDF
Full model31/12/202213/06/202327/06/2023DutchPDF
Full model31/12/202114/06/202204/07/2022DutchPDF
Full model31/12/202017/06/202124/06/2021DutchPDF
Full model31/12/201909/06/202008/07/2020DutchPDF
Full model31/12/201811/06/201921/08/2019DutchPDF
Full model31/12/201712/06/201804/07/2018DutchPDF
Full model31/12/201627/06/201724/07/2017DutchPDF
Full model31/12/201514/06/201629/06/2016DutchPDF
Full model31/12/201409/06/201503/07/2015DutchPDF
Full model31/12/201310/06/201403/07/2014DutchPDF
Full model31/12/201211/06/201314/06/2013DutchPDF
Full model31/12/201112/06/201229/06/2012DutchPDF
Full model31/12/201031/05/201127/06/2011DutchPDF
Full model31/12/200908/06/201021/06/2010DutchPDF
Full model31/12/200809/06/200910/06/2009DutchPDF
Full model31/12/200710/06/200807/07/2008DutchPDF
Full model31/12/200612/06/200710/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 31 ended

Active mandates

Anne-Sofie Doornaert

Managing director · since 10 juin 2025 · until 11 juin 2030

Active
Dragan Doornaert

Managing director · since 10 juin 2025 · until 11 juin 2030

Active
EDOSA

Director · since 10 juin 2025 · until 11 juin 2030 · 0429.172.045

Represented by Eric Doornaert

Active
Mirjana Savic

Managing director · since 10 juin 2025 · until 11 juin 2030

Active

Ended mandates

Anne-Sofie Doornaert

Managing director · since 09 juin 2020 · until 10 juin 2025

Ended
Dragan Doornaert

Managing director · since 09 juin 2020 · until 10 juin 2025

Ended
EDOSA

Director · since 09 juin 2020 · until 10 juin 2025 · 0429.172.045

Represented by Eric DOORNAERT

Ended
EDOSA

Director · since 09 juin 2020 · until 10 juin 2025 · 0429.172.045

Represented by Doornaert ERIC

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates28/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/07/2015
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-520,9 k €
  2. 2024
    Annual accounts 2024649,2 k €
  3. 2023
    Annual accounts 20231,3 M €
  4. 2022
    Annual accounts 2022-789,5 k €
  5. 2021
    Annual accounts 2021966,4 k €
  6. 14/04/1966
    IncorporationPublic limited company