Equity
-€48,378
Debts exceed assets in financial year 2025.
SAGAR
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000peak €12,140 (2022)
€5,935▲ 60.9%
lowest -€9,753 (2007)
€1,547▲ €2,284
peak -€13,719 (2006)
-€48,378▲ €1,547
€61,581▼ 17.2%
Board1 name since 2019
1 director
Documentsfilings and deeds
15-06-202646 days before the deadline
2025micro format
Gross margin from €3,688 to €5,935Back to profit: €1,547Debts from €74,397 to €61,581Cash from €16,129 to €5,943
Key points
from the 2025 annual accountsDebts
€61,581 466% of the balance sheet
Suppliers 1%Taxes and wages 3%Other 96%
Position in the sector
-366.4%
Lower solvency than 92% of companies in personal services. Sector median 26.7% · 6,259 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,795 companies had the same profile as SAGAR has now. Each dot stands for 10 companies, two years later.
91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
Another 0.6% 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 3,795 companies, not a prediction for SAGAR. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0467050446
Registered office moved from Eghezée to Court-Saint-Etienne
New registered office: B-1490 Court-Saint-Etienne, rue Emile Henricot, 52/0202 · Previous registered office: Route de Forville, Warêt 16 5310 Eghezée · Change of role: , from manager to director · General meeting of 19-02-2024 · Gazette deed
Resignations & appointments
General meeting of 15-07-2021 · Gazette deed
Resignations & appointments
General meeting of 05-11-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SAGAR Court-Saint-Etienne | €13,203 | €5,935 | -366.4% | - |
| KOKAI Ostend | €10,182 | €4,172 | -1001.2% | - |
| ANGIE-V ZONNECENTER Brecht | €15,799 | €3,152 | -591.6% | - |
| PLOUM PLOUM Schaerbeek | €9,218 | €3,332 | -663.3% | - |
| AURELYS Péruwelz | €6,855 | €3,899 | 21.9% | - |
| Bonnie & Clyde Brasschaat | €12,531 | €9,991 | -1099.5% | - |
| GILLANNE X Antwerp | €25,109 | €3,555 | 90.7% | - |
These companies have the same main activity as SAGAR: day spas, saunas and steam baths (NACE 96230). They are comparable in size and age: total assets between €6,850 and €25,100, founded between 2000 and 2008.
Official details
Source: KBO- Status
- Active since 13-10-1999Normal situation
- Activity
- Day spas, saunas and steam bathsNACE 96230
- Establishment unit
- 2.092.766.6845310 Eghezée, since 10-11-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 31-01-2026
Annual accounts 2025
- ≈ €36,000estimated
- €13,203▼ 46.1%
- Filing
- Filed on 15-06-2026, 46 days before the end of the filing period
Insights on SAGAR
SAGAR files the micro format. That format states no turnover. The gross margin rose from €1,815 in 2006 to €5,935 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 SAGAR
- What is the company number of SAGAR?
- The company number of SAGAR is 0467.050.446. The VAT number is the same number with BE in front: BE 0467.050.446.
- Where is SAGAR based?
- The registered office is at Rue Emile Henricot 52, 1490 Court-Saint-Etienne.Company details
- What does SAGAR do?
- According to the KBO register, the main activity is day spas, saunas and steam baths (NACE 96230).
- What is the legal form of SAGAR?
- SAGAR is a private limited company (BV).
- When was SAGAR founded?
- SAGAR was founded on 13-10-1999.
- Is SAGAR still active?
- Yes, SAGAR is an active enterprise in the KBO register.
- What is the turnover of SAGAR?
- The turnover in financial year 2025 is ≈ €36,000. This figure is estimated from the gross margin of €5,935 and 134 comparable companies (NACE 962). It probably lies between €20,000 and €63,000. It is a rough estimate.Financials
- Is SAGAR profitable?
- In financial year 2025, SAGAR made a profit of €1,547.
- Where can I find the annual accounts of SAGAR?
- SAGAR filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SAGAR due?
- SAGAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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