Equity
-€959
Debts exceed assets in financial year 2025.
SAG²
Lifetime
5 annual accounts with figures on one time axispeak €2,962 (2022)
-€1,785▼ €63
lowest -€2,185 (2025)
-€2,185▼ €32
peak €3,379 (2023)
-€959▼ €2,185
€4,405▲ 409%
Board3 names since 2021
1 directorPhilippe SIX
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Loss of €2,185Equity from €1,226 to -€959Debts from €866 to €4,405Cash from €588 to €3,030
Key points
from the 2025 annual accountsLosses
-€4,339 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Position in the sector
-27.8%
Lower solvency than 94% of companies in head offices and management consultancy. Sector median 55.5% · 39,368 companies.
2025 accounts filed 24 days after the deadlineTurnover not published (micro format)
Checked score
53
Fair
Financially stronger than 10% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026highest value
11-2026: 0.2%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€959
Loss of €2,185, the second in a row (financial year 2025)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €3,446
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 70, micro). It does better than 3% of them on solvency, 33% on liquidity, 4% on profitability and 2% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as SAG² has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SAG² itself is lower: 0.2% within 12 months. It rests on far more data about SAG² than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,008 companies, not a prediction for SAG². 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
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€959
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
24 days late
2024
21 days late
2023
26 days late
2022
24 days late
2021
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 24 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0760775255
New sole director
Philippe SIX appointed, Amaud DEPLAE resigned · General meeting of 31-05-2021 · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founder: DEPLAE Arnaud Eddy · Appointment: DEPLAE Arnaud Eddy (director) · published on 06-01-2021 · Gazette deed
First establishment
Tervurenlaan 66, Etterbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SAG² Yvoir | €3,446 | -€1,785 | -27.8% | - |
| ELH Management Dinant | €3,397 | -€615 | 96.6% | - |
| I-VALUE Profondeville | €3,100 | -€9,674 | -1.4% | - |
| COLLINSURANCE Ans | €3,618 | -€1,181 | -294.5% | - |
| R.M ICT Consulting Charleroi | €3,191 | -€14,708 | 100.0% | - |
| Breese Onderneming voor Advies en Zaakbehartiging Bree | €3,858 | -€5,682 | -399.7% | - |
| ARAVIS Esneux | €3,218 | -€431 | -86.7% | - |
These companies have the same main activity as SAG²: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €3,100 and €3,860, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 04-01-2021Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.311.754.4781040 Etterbeek, since 04-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 20-08-2026
Insights on SAG²
SAG² files the micro format. That format states no turnover. The gross margin fell from -€1,688 in 2021 to -€1,785 in 2025.
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 SAG²
- What is the company number of SAG²?
- The company number of SAG² is 0760.775.255. The VAT number is the same number with BE in front: BE 0760.775.255.
- Where is SAG² based?
- The registered office is at Chemin de Niersant 36, 5530 Yvoir.Company details
- What does SAG² do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of SAG²?
- SAG² is a private limited company (BV).
- When was SAG² founded?
- SAG² was founded on 04-01-2021.
- Is SAG² still active?
- Yes, SAG² is an active enterprise in the KBO register.
- What is the turnover of SAG²?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is SAG² profitable?
- In financial year 2025, SAG² made a loss of €2,185.
- Where can I find the annual accounts of SAG²?
- SAG² filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SAG² due?
- SAG² must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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