ACTIVE

SAVACO

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Financial year 2025 · closed on 31/12/2025
Net result
1,9 M €
+153.5% YoY
Revenue
66,9 M €
+22.6% YoY
Equity
8,3 M €
+30.4% YoY
Workforce
242,3 ETP
+16.9% YoY

What does SAVACO do?

SAVACO is a Public limited company incorporated in 1991. Its registered office is in Kortrijk. It employs on average 242,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0442.901.901
Incorporation
04/02/1991
Legal form
Public limited company
Registered office
Beneluxpark(Kor) 19
8500 Kortrijk · FlandreSee on map
Contributed capital
124 000,00 €
Latest accounts
31/12/2025
Average workforce
242,3 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720142013201220112009200820072006
Income statement
Revenue66,9 M €54,5 M €53,8 M €45,9 M €39,6 M €31,4 M €27,2 M €29,2 M €30,1 M €21,2 M €19,8 M €22,8 M €22 M €16,6 M €13,2 M €10,4 M €10 M €
EBITDA7,2 M €1,8 M €3,7 M €5,4 M €4,9 M €4,4 M €3,4 M €3,8 M €4,5 M €1,8 M €1,1 M €1,4 M €2,4 M €2,5 M €2 M €1,3 M €1,3 M €
Operating result4,3 M €665,6 k €2,8 M €4,5 M €4,2 M €3,8 M €2,7 M €3,2 M €3,9 M €1,2 M €363,4 k €936,2 k €2,2 M €1,6 M €1,9 M €1,1 M €1,2 M €
Net result1,9 M €-3,6 M €1,1 M €2,8 M €2,8 M €2,6 M €1,7 M €2,2 M €2,2 M €563,6 k €123,2 k €1,3 M €1,5 M €914,6 k €1,2 M €719,5 k €745,9 k €
Balance sheet
Equity8,3 M €6,4 M €10 M €8,8 M €6 M €7,4 M €10,8 M €9,4 M €7,8 M €8,2 M €7,6 M €7,5 M €6,9 M €4,3 M €3,4 M €2,2 M €1,5 M €
Total assets53,8 M €45,3 M €49,7 M €38 M €25,3 M €28,1 M €23,8 M €16,8 M €16,9 M €16,5 M €15,1 M €15,9 M €11,5 M €7,7 M €6,5 M €4,9 M €4,7 M €
Cash3 M €2,2 M €2,3 M €5,6 M €2,2 M €9,6 M €7,2 M €5 M €3,8 M €5,1 M €4,5 M €3,8 M €1,3 M €1,3 M €226,9 k €129,9 k €125,5 k €
Debts30,8 M €28,8 M €29,9 M €20 M €11,7 M €13 M €6,3 M €6,1 M €8 M €7,5 M €6,7 M €7,6 M €4,1 M €3,1 M €2,7 M €2,2 M €2,7 M €
Other
Workforce242,3 ETP207,2 ETP203,7 ETP187,5 ETP162,4 ETP137,9 ETP132,3 ETP126,3 ETP119,8 ETP103,9 ETP106,0 ETP95,7 ETP81,5 ETP62,5 ETP51,6 ETP44,8 ETP38,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 27 ended

Active mandates

CALLENS VANDELANOTTE

Auditor · since 27 juin 2024 · until 18 mai 2027 · 0433.608.707

Represented by Nikolas Vandelanotte (A02110)

Active
EIXAMPLE

Managing director · since 01 septembre 2023 · until 16 mai 2028 · 0808.213.403

Represented by Dirk Michiels

Active
Alshain

Managing director · since 10 mai 2023 · until 16 mai 2028 · 0715.660.357

Represented by Louis Sabbe

Active
QUIDAM

Managing director · since 10 mai 2023 · until 16 mai 2028 · 0826.096.639

Represented by Rik Vandemoortele

Active
Savaco Holding

Managing director · since 10 mai 2023 · until 16 mai 2028 · 0694.841.385

Represented by Joseph H.M.A. roepnaam Maurice Bronckers

Active
VALIZE

Managing director · since 10 mai 2023 · until 16 mai 2028 · 0716.739.829

Represented by Lieven Vandamme

Active

Ended mandates

CALLENS VANDELANOTTE

Auditor · since 08 avril 2021 · until 27 juillet 2024 · 0433.608.707

Represented by Nikolas Vandelanotte (A02110)

Ended
CALLENS VANDELANOTTE

Auditor · since 08 avril 2021 · until 07 avril 2024 · 0433.608.707

Represented by Nikolas Vandelanotte (A02110)

Ended
Savaco Holding

Managing director · since 01 juillet 2020 · until 30 juin 2026 · 0694.841.385

Represented by Joseph H.M.A. roepnaam Maurice Bronckers

Ended
TALKY WALKY

Director · since 01 mars 2019 · until 28 février 2025 · 0537.424.837

Represented by Hans Van de Velde

Ended
At this address

Other companies at this address

CompanyCBE no.
Savaco Groep● Active
1005.418.856
Savaco Holding● Active
0694.841.385
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 date24/07/202617/06/202525/07/202404/05/202304/05/202204/05/2021
General meeting30/06/202623/04/202527/06/202406/04/202307/04/202208/04/2021
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

23 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full modelCorrection31/12/202530/06/202624/07/2026DutchPDF
Full model31/12/202530/06/202622/07/2026DutchPDF
Full model31/12/202423/04/202517/06/2025DutchPDF
Full model31/12/202327/06/202425/07/2024DutchPDF
Full model31/12/202206/04/202304/05/2023DutchPDF
Full model31/12/202107/04/202204/05/2022DutchPDF
Full model31/12/202008/04/202104/05/2021DutchPDF
Full model31/12/201908/04/202006/05/2020DutchPDF
Full model31/12/201820/05/201909/07/2019DutchPDF
Full model31/12/201711/06/201821/06/2018DutchPDF
Full model31/12/201611/05/201708/06/2017DutchPDF
Full model31/12/201528/04/201619/05/2016DutchPDF
Full model31/12/201409/05/201508/06/2015DutchPDF
Full modelCorrection31/12/201310/05/201426/01/2015DutchPDF
Full model31/12/201310/05/201410/06/2014DutchPDF
Full modelCorrection31/12/201211/05/201304/03/2014DutchPDF
Full model31/12/201211/05/201303/06/2013DutchPDF
Full model31/12/201130/06/201216/07/2012DutchPDF
Full model31/12/201014/06/201108/07/2011DutchPDF
Full model31/12/200908/05/201031/05/2010DutchPDF
Full model31/12/200825/04/200919/05/2009DutchPDF
Full model31/12/200710/05/200809/06/2008DutchPDF
Full model31/12/200613/05/200705/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 6 active · 27 ended

Active mandates

CALLENS VANDELANOTTE

Auditor · since 27 juin 2024 · until 18 mai 2027 · 0433.608.707

Represented by Nikolas Vandelanotte (A02110)

Active
EIXAMPLE

Managing director · since 01 septembre 2023 · until 16 mai 2028 · 0808.213.403

Represented by Dirk Michiels

Active
Alshain

Managing director · since 10 mai 2023 · until 16 mai 2028 · 0715.660.357

Represented by Louis Sabbe

Active
QUIDAM

Managing director · since 10 mai 2023 · until 16 mai 2028 · 0826.096.639

Represented by Rik Vandemoortele

Active
Savaco Holding

Managing director · since 10 mai 2023 · until 16 mai 2028 · 0694.841.385

Represented by Joseph H.M.A. roepnaam Maurice Bronckers

Active
VALIZE

Managing director · since 10 mai 2023 · until 16 mai 2028 · 0716.739.829

Represented by Lieven Vandamme

Active

Ended mandates

CALLENS VANDELANOTTE

Auditor · since 08 avril 2021 · until 27 juillet 2024 · 0433.608.707

Represented by Nikolas Vandelanotte (A02110)

Ended
CALLENS VANDELANOTTE

Auditor · since 08 avril 2021 · until 07 avril 2024 · 0433.608.707

Represented by Nikolas Vandelanotte (A02110)

Ended
Savaco Holding

Managing director · since 01 juillet 2020 · until 30 juin 2026 · 0694.841.385

Represented by Joseph H.M.A. roepnaam Maurice Bronckers

Ended
TALKY WALKY

Director · since 01 mars 2019 · until 28 février 2025 · 0537.424.837

Represented by Hans Van de Velde

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring25/09/2025
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring23/06/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates05/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring13/05/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring24/03/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates28/01/2022
    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 20251,9 M €↑
  2. 2024
    Annual accounts 2024-3,6 M €↓
  3. 2023
    Annual accounts 20231,1 M €↓
  4. 2022
    Annual accounts 20222,8 M €↓
  5. 2021
    Annual accounts 20212,8 M €↑
  6. 2020
    Annual accounts 20202,6 M €↑
  7. 2019
    Annual accounts 20191,7 M €↓
  8. 2018
    Annual accounts 20182,2 M €↑
  9. 2017
    Annual accounts 20172,2 M €↑
  10. 2014
    Annual accounts 2014563,6 k €↑
  11. 2013
    Annual accounts 2013123,2 k €↓
  12. 2012
    Annual accounts 20121,3 M €↓
  13. 2011
    Annual accounts 20111,5 M €↑
  14. 2009
    Annual accounts 2009914,6 k €↓
  15. 2008
    Annual accounts 20081,2 M €↑
  16. 2007
    Annual accounts 2007719,5 k €↓
  17. 2006
    Annual accounts 2006745,9 k €
  18. 04/02/1991
    IncorporationPublic limited company