Equity
€145,023 ▼ 9.8%
Saey paid out €42,989 in dividends. That is 158% of the 2024 profit.
Saey
Lifetime
7 annual accounts with figures on one time axispeak €67,119 (2024)
€67,119▲ 243%
peak €33,713 (2020)
€27,157▲ 127%
peak €160,856 (2023)
€145,023▼ 9.8%
€125,598▲ 32×
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
17-09-202548 days late
2024micro format
Gross margin from €19,567 to €67,119Result from €11,987 to €27,157Dividend €42,989Debts from €3,960 to €125,598Investments €110,751Cash from €61,830 to €22,238
Key points
from the 2024 annual accountsTurnover
≈ €140,000 estimated
The micro format states no turnover.
Debts
€125,598 ▲ 32×
Debts rose by €121,638 in 2024. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€111,152 5.6 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.42 was 41.31 in 2023
Short-term debts rose from €3,960 to €125,598.
Filings
7 annual accounts 106 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as Saey has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,973 companies, not a prediction for Saey. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 22-02-2018
Manager, since 22-02-2018
- 100 sharesdeed of 27-02-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0690890517
Resignation: (manager)
Reappointment: (director) · “1. alle mogelijke advies- en/of dienstenfuncties; 2. alle mogelijke activiteiten die verband houden met het…” (deed in Dutch) · Director discharge: · General meeting of 22-03-2023 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares · Founder: · Appointment: (manager) · published on 27-02-2018 · Gazette deed
First establishment
Orchideeënlaan 18, Denderleeuw
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Saey Denderleeuw | €270,621 | €67,119 | 53.6% | - |
| JUMPUP Ghent | €275,660 | €70,246 | 19.4% | - |
| MDC Automatisering Oosterzele | €296,681 | €69,223 | 65.4% | - |
| SAFFREN Ronse | €300,357 | €65,201 | 80.7% | - |
| Nathalie Goethals Management Waasmunster | €301,918 | €59,566 | 80.3% | - |
| LIVAG Laarne | €223,023 | €64,797 | 40.8% | - |
| Tabs & Spaces Ghent | €256,003 | €72,064 | 59.7% | - |
These companies have the same main activity as Saey: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €223,000 and €302,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 23-02-2018Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.273.248.4489470 Denderleeuw, since 23-02-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 16-10-2025
Insights on Saey
Saey files the micro format. That format states no turnover. The gross margin rose from €38,229 in 2018 to €67,119 in 2024.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Saey
- What is the company number of Saey?
- The company number of Saey is 0690.890.517. The VAT number is the same number with BE in front: BE 0690.890.517.
- Where is Saey based?
- The registered office is at Orchideeënlaan 18, 9470 Denderleeuw.Company details
- What does Saey do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Saey?
- Saey is a private limited company (BV).
- When was Saey founded?
- Saey was founded on 23-02-2018.
- Is Saey still active?
- Yes, Saey is an active enterprise in the KBO register.
- What is the turnover of Saey?
- The turnover in financial year 2024 is ≈ €140,000. This figure is estimated from the gross margin of €67,119 and 137 comparable companies (NACE 70200). It probably lies between €100,000 and €180,000.Financials
- Is Saey profitable?
- In financial year 2024, Saey made a profit of €27,157.
- Where can I find the annual accounts of Saey?
- Saey filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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