ACTIVE

SALVAFER

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Financial year 2025 · closed on 31/12/2025

Net result

-77,5 k €

-1046.1% YoY

Gross margin

-54,4 k €

-405.8% YoY

Equity

40,8 k €

-65.5% YoY

What does SALVAFER do?

SALVAFER is a Private limited company incorporated in 2009. Its main activity is: Construction of roads and motorways. Its registered office is in Viroinval.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0810.874.072

Incorporation

01/04/2009

Legal form

Private limited company

Registered office

Rue du Fir, Oignies 11
5670 Viroinval · WallonieSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

42110Construction of roads and motorways· main 42110Construction of roads and motorways 43110Demolition 43110Demolition 43120Site preparation 43120Site preparation

Joint committees (1)

Signals

Solid equityGood liquidityHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	-54,4 k €	-406%	17,8 k €	+1.7%	17,5 k €	-30.7%	25,2 k €	-45.7%	46,5 k €	-20.7%	58,7 k €	+6.0%	55,3 k €	+44.7%	38,2 k €	-61.0%	98 k €	+44.4%	67,9 k €	-34.1%	103 k €	+5.9%	97,3 k €	-17.6%	118 k €	+4.5%	113 k €	-14.7%	132,5 k €	-0.6%	133,3 k €	+123%	59,8 k €
EBITDA	-56,9 k €	-454%	16,1 k €	+2.6%	15,7 k €	-19.6%	19,5 k €	+9.7%	17,7 k €	-32.7%	26,4 k €	+25.7%	21 k €	-33.0%	31,3 k €	+43.7%	21,8 k €	+4.3%	20,9 k €	+133%	9 k €	+187%	-10,3 k €	-122%	45,9 k €	+161%	17,6 k €	-52.4%	37 k €	-25.7%	49,8 k €	+150%	19,9 k €
Operating result	-77,9 k €	-5564%	1,4 k €	+513%	-345,2 €	-122%	1,6 k €	-53.3%	3,4 k €	-77.3%	14,8 k €	+83.2%	8,1 k €	-63.5%	22,2 k €	+190%	7,6 k €	-31.0%	11,1 k €	+2334%	455,1 €	+102%	-23,9 k €	-169%	34,5 k €	+285%	9 k €	-70.7%	30,6 k €	-28.9%	43,1 k €	+122%	19,4 k €
Net result	-77,5 k €	-1046%	8,2 k €	+575%	-1,7 k €	-180%	2,2 k €	+11.1%	1,9 k €	-54.3%	4,2 k €	-18.6%	5,2 k €	-67.3%	15,9 k €	+231%	4,8 k €	-33.6%	7,3 k €	+2413%	288,6 €	+102%	-15,8 k €	-169%	22,8 k €	+48.5%	15,3 k €	-15.6%	18,2 k €	-24.6%	24,1 k €	+43.9%	16,7 k €
Balance sheet
Equity	40,8 k €	-65.5%	118,2 k €	+7.4%	110 k €	-1.5%	111,8 k €	+2.0%	109,6 k €	+1.8%	107,7 k €	+4.1%	103,4 k €	+5.3%	98,2 k €	+19.3%	82,3 k €	+6.2%	77,5 k €	+21.0%	64 k €	+0.5%	63,7 k €	-19.8%	79,5 k €	+40.1%	56,7 k €	+37.0%	41,4 k €	+78.2%	23,2 k €	+21.4%	19,1 k €
Total assets	68,3 k €	-52.9%	144,9 k €	-12.0%	164,7 k €	-5.4%	174,1 k €	+6.6%	163,3 k €	-4.6%	171,1 k €	+0.8%	169,7 k €	+1.6%	167 k €	+18.3%	141,2 k €	+50.6%	93,8 k €	+3.6%	90,5 k €	-8.2%	98,6 k €	-25.3%	132,1 k €	-17.2%	159,5 k €	+36.7%	116,7 k €	+11.1%	105 k €	+129%	45,8 k €
Cash	4 k €	-87.8%	32,6 k €	+9083%	355,3 €	-72.2%	1,3 k €	-96.5%	36,8 k €	+1.8%	36,2 k €	-13.5%	41,9 k €	-11.2%	47,1 k €	+273%	12,6 k €	-33.4%	19 k €	-18.4%	23,3 k €	-24.8%	30,9 k €	+28.2%	24,1 k €	+93.5%	12,5 k €	-36.8%	19,7 k €	+2.6%	19,2 k €	+392%	3,9 k €
Debts	25 k €	-6.4%	26,7 k €	-51.2%	54,7 k €	-12.3%	62,4 k €	+16.2%	53,7 k €	-15.4%	63,4 k €	-4.2%	66,2 k €	-3.7%	68,8 k €	+16.7%	58,9 k €	+262%	16,3 k €	-38.5%	26,5 k €	-24.1%	34,9 k €	-33.6%	52,5 k €	-48.9%	102,8 k €	+36.6%	75,2 k €	-8.0%	81,8 k €	+206%	26,7 k €
Other
Workforce	–		–		–		–		–		–		–		0,3 ETP	-83.3%	1,8 ETP	+50.0%	1,2 ETP	-60.0%	3,0 ETP	-21.1%	3,8 ETP	+15.2%	3,3 ETP	-2.9%	3,4 ETP	-15.0%	4,0 ETP	-20.0%	5,0 ETP	+61.3%	3,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

MARC MURRU

Director · since 01 octobre 2020

Active

Salvatore MURRU

Director · since 01 octobre 2020

Active

Ended mandates

MAXIME MURRU

Director · since 01 octobre 2020 · until 31 décembre 2023

Ended

MAXIME MURRU

Director · since 01 octobre 2020

Ended

SALVATORE MURRU

Manager · since 01 avril 2009

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/07/2026	08/07/2025	02/07/2024	01/06/2023	19/07/2022	06/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	26/05/2023	25/06/2022	25/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	08/07/2026	French	PDF
Micro model	31/12/2024	27/06/2025	08/07/2025	French	PDF
Micro model	31/12/2023	28/06/2024	02/07/2024	French	PDF
Micro model	31/12/2022	26/05/2023	01/06/2023	French	PDF
Micro model	31/12/2021	25/06/2022	19/07/2022	French	PDF
Micro model	31/12/2020	25/06/2021	06/07/2021	French	PDF
Micro model	31/12/2019	20/06/2020	29/06/2020	French	PDF
Abridged model	31/12/2018	20/06/2019	19/07/2019	French	PDF
Abridged model	31/12/2017	20/06/2018	05/07/2018	French	PDF
Abridged model	31/12/2016	20/06/2017	11/07/2017	French	PDF
Abridged model	31/12/2015	20/06/2016	28/07/2016	French	PDF
Abridged model	31/12/2014	23/06/2015	06/07/2015	French	PDF
Abridged model	31/12/2013	23/06/2014	02/07/2014	French	PDF
Abridged model	31/12/2012	21/06/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	25/06/2012	01/08/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	23/08/2011	French	PDF
Abridged model	31/12/2009	25/06/2010	07/07/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 2 active · 3 ended

Active mandates

MARC MURRU

Director · since 01 octobre 2020

Active

Salvatore MURRU

Director · since 01 octobre 2020

Active

Ended mandates

MAXIME MURRU

Director · since 01 octobre 2020 · until 31 décembre 2023

Ended

MAXIME MURRU

Director · since 01 octobre 2020

Ended

SALVATORE MURRU

Manager · since 01 avril 2009

Ended

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-77,5 k €↓
2024
Annual accounts 20248,2 k €↑
2023
Annual accounts 2023-1,7 k €↓
2022
Annual accounts 20222,2 k €↑
2021
Annual accounts 20211,9 k €↓
2020
Annual accounts 20204,2 k €↓
2019
Annual accounts 20195,2 k €↓
2018
Annual accounts 201815,9 k €↑
2017
Annual accounts 20174,8 k €↓
2016
Annual accounts 20167,3 k €↑
2015
Annual accounts 2015288,6 €↑
2014
Annual accounts 2014-15,8 k €↓
2013
Annual accounts 201322,8 k €↑
2012
Annual accounts 201215,3 k €↓
2011
Annual accounts 201118,2 k €↓
2010
Annual accounts 201024,1 k €↑
2009
Annual accounts 200916,7 k €
01/04/2009
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SALVAFER

Overview

What does SALVAFER do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline