Sagas
The computed 12-month bankruptcy probability of Sagas is 1.4% (low). The 2024 annual accounts show equity of €13k and a net result of €34k. Equity is shrinking by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 16% of 2539 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €13k |
| Net result | €34k |
| Staff (FTE) | 0.1 |
| Better than sector | 16% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 10.5% | 56.2% | |
| Net result | €34k | €19k | |
| Equity | €13k | €43k | |
| Gross operating margin | €102k | €37k | |
| Staff costs | €48k | €14k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €53k |
| Net profit | €34k |
| Cash flow | €38k |
| Staff costs | €48k |
| Income taxes | €14k |
| Dividends | €34k |
| Total assets | €120k |
| Equity | €13k |
| Debt | €107k |
| of which ≤ 1y | €97k |
| of which > 1y | €10k |
| Working capital | €3k |
| Employees (FTE) | 0.1 |
| 2024 | |
|---|---|
| Current ratio | 1.04 |
| Quick ratio | 1.04 |
| Working capital ratio | 2.9% |
| Solvency | 10.5% |
| Debt / equity | 8.56 |
| Long-term debt ratio | 0.84 |
| Interest coverage | 47.23 |
| Gross margin | - |
| Net margin | - |
| ROA | 28.1% |
| ROE | 269.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €120k |
| Fixed assets | 21/28 | €20k |
| Tangible fixed assets | 22/27 | €20k |
| Current assets | 29/58 | €100k |
| Amounts receivable within one year | 40/41 | €37k |
| Cash & bank | 54/58 | €63k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €120k |
| Equity | 10/15 | €13k |
| Contributions / capital | 10/11 | €13k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €107k |
| Amounts payable after one year | 17 | €10k |
| Amounts payable within one year | 42/48 | €97k |
| Trade debts payable within one year | 44 | €36k |
| Income statement | ||
| Gross operating margin | 9900 | €102k |
| Operating result | 9901 | €49k |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €48k |
| Income taxes | 67/77 | €14k |
| Net result for the period | 9904 | €34k |
| Result to be appropriated | 9905 | €34k |
| NACE primary | Advertising & market research(73110) |
| Legal form | Private limited company(610) |
| Incorporation | 01-12-2020 |
| Status | Active |
| Postal code | 1930 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23772C0379/00L000 | Flanders | 7,036 m² | 1 · 1,631 m² | 9.2 m · 2 fl. |
| 23402E0488/00W000 | Flanders | 1,063 m² | 1 · 202 m² | 10.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-08-2026 Act object · Board meeting · Seat change · Power of attorney
- Publication: 04/08/2026 · Sagas
- Filing: 28 JULI 2026 · Sagas
- Act object: Zetelverplaatsing · Sagas
- Board meeting: 4 juni 2026 · Sagas
- Seat change: to: 1850 Grimbergen, de Merodestraat 1, from: Leuvensesteenweg 510 bus 11, 1930 Zaventem · Sagas
- Power of attorney: bijzondere volmacht ... teneinde de Vennootschap te vertegenwoordigen tegenover alle belastingadministraties ... bij de griffie ... bij één of meer erkende ondernemingsloketten ... inschrijving ... bij de Kruispuntbank van Ondernemingen · Joeri Piessens
Technical details
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"quote": "Bijlagen bij het Belgisch Staatsblad - 04/08/2026 - Annexes du Moniteur belge",
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{
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]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Sagas |