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De Saegher en Co

Active
Private limited company (pre-2019)founded 1976active for 50 yearsBeverestraat 7, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0416.095.950

From the official registers: KBO 48 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of De Saegher en Co is 2.4% (moderate). The 2024 annual accounts show equity of €6,107 and a net result of -€528. Equity has been shrinking by about 18% per year since 2018. Its solvency ranks better than 54% of 15,439 sector peers (NACE 46, financial year 2024). The company has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 01-02-1976 Normal situation
Legal form
Private limited company (pre-2019)
Registered office
Beverestraat 7, 9700 Oudenaarde
Activity
Wholesale of non-electrical household articles NACE 46494and 2 others
Establishment units
3 establishment units
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Financial position

51 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.4%
Annual accounts 2024
Loss
€528
▲ 2.3%
Equity
€6,107
▼ 8.0%
Total assets
€13,636
=
Turnover not published (micro format)2025 accounts not filed, 93 days past the deadline
Filed on 23-12-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 23-12-2025)Liquidity: current ratio 1.81, cash €2261 financial year not filed after the legal deadline; last filed accounts filed 145 days late; 3 of the last 3 accounts latelowers riskFounded in 1976Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 32% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2023
Weak
Solvency 70-4
equity 44.8% of total assets
Liquidity 24-2
short-term debt 55.2% · cash 1.7%
Profitability 28=
return on assets -3.9%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 2.3% 12-2024: 3.0%▲ +0.7 percentage points vs 11-2024 01-2025: 1.0%▼ -2.0 percentage points vs 12-2024lowest value 02-2025: 1.0%● unchanged vs 01-2025lowest value 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.2 percentage points vs 06-2025 08-2025: 1.5%▲ +0.3 percentage points vs 07-2025 09-2025: 1.6%▲ +0.1 percentage points vs 08-2025 10-2025: 2.3%▲ +0.7 percentage points vs 09-2025 11-2025: 2.3%● unchanged vs 10-2025 12-2025: 3.1%▲ +0.8 percentage points vs 11-2025highest value 01-2026: 1.0%▼ -2.1 percentage points vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.4 percentage points vs 07-2026 09-2026: 1.7%▲ +0.2 percentage points vs 08-2026 10-2026: 2.4%▲ +0.7 percentage points vs 09-2026
No publishable credit limit, so credit only on tighter terms
Liquidity is ample, with a current ratio of 1.81 (1.95 in 2023), above the usual 1.5. Short-term debt is 55.2% and cash 1.7% of total assets. However, 55.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 53% of them on solvency, 22% on liquidity, 25% on profitability and 28% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 23-12-2025)
NBB · annual accounts
lowers risk · Founded in 1976
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.81, cash €226
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 145 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 145 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-12-2025, 145 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
145 days late
2023
146 days late
2022
122 days late
2021
153 days late
2020
122 days late
2019
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 130 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 7 loss-making years in a rowloss in financial year 2024 -€528 View
  • Positive: 8th oldest company in Oudenaarde, Wholesale and retail trade sectorin the Checked rankings No. 8 View

Documents

Annual accounts at the NBB

All 48 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about De Saegher en Co

What is the company number of De Saegher en Co?
The company number of De Saegher en Co is 0416.095.950. The VAT number is the same number with BE in front: BE 0416.095.950.
Where is De Saegher en Co based?
The registered office is at Beverestraat 7, 9700 Oudenaarde.Company details
What does De Saegher en Co do?
According to the KBO register, the main activity is wholesale of non-electrical household articles (NACE 46494).
What is the legal form of De Saegher en Co?
The legal form of De Saegher en Co is Private limited company (pre-2019) (BVBA).
When was De Saegher en Co founded?
De Saegher en Co was founded on 01-02-1976.
Is De Saegher en Co still active?
Yes, De Saegher en Co is an active enterprise in the KBO register.
What is the turnover of De Saegher en Co?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is De Saegher en Co profitable?
In financial year 2024, De Saegher en Co made a loss of €528.
Where can I find the annual accounts of De Saegher en Co?
De Saegher en Co filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

Comparable companies

These companies have the same main activity as De Saegher en Co: wholesale of non-electrical household articles (NACE 46494). They are comparable in size and age: total assets between €4,980 and €33,800, founded between 1968 and 1990.

CompanyTotal assetsGross margin
De Saegher en Co Oudenaarde€13,636-
EUROPARTISANS Walcourt€27,538-€3,991
Bumatherm Virton€4,979-€124,047
Etablissements Karina et Compagnie Watermaal-Bosvoorde€33,822€1,942
JARCO Wemmel€29,571€1,179
G. BURGER Lubbeek€22,490-€184
GOOD MORNING Gent€33,801€2,271
Full comparison

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