Sagax BE Industrial 8
ActiveSagax BE Industrial 8 has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €18k. Its solvency ranks better than 20% of 4533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+5
Solvency32▲+2
Growth78
Track record82
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 60.39 against 25.94 in 2024; short-term debt: 0.4% of total assets), but 93.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
6.5%
Return on assets
1.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 4533 sector peers (2025).
NBB · sector comparisonPosition among 4533 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
on the day
2024
25 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18k▲ 1,735%
2024 · €982
2024: €982
2024 → 2025
Working capital
€260k▲ 66.0%
2024 · €156k
2024: €156k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€62k-€80k▲ 28.8%
Operating result€50k-€46k▼ 6.5%
Net result€982-€18k▲ 1,735%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.23M
Fixed assets
€966k▼ 2.0%
Current assets
€264k▲ 62.3%
Equity and liabilities €1.23M
Equity
€80k▲ 28.8%
Debt
€1.15M▲ 5.9%
The debt ratio falls from 94.6% to 93.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€66k▼
2024 · €72k
Cash flow
€38k▲
2024 · €24k
Solvency
6.5%▲
2024 · 5.4%
Current ratio
60.39▲
2024 · 25.94
Quick ratio
60.39▲
2024 · 25.94
Debt / equity
14.28▼
2024 · 17.38
ROE
22.4%▲
2024 · 1.6%
ROA
1.5%▲
2024 · 0.1%
Interest coverage
1.85▲
2024 · 1.48
Debt
€1.15M▲
2024 · €1.09M
Debt ≤ 1 year
€4k▼
2024 · €6k
Debt > 1 year
€1.08M▲
2024 · €1.05M
Income taxes
€1k▲
2024 · €327
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.15M€1.23M▲
Fixed assets21/28€985k€966k▼
Tangible fixed assets22/27€985k€965k▼
Land and buildings22€985k€965k▼
Financial fixed assets28€258€258=
Current assets29/58€163k€264k▲
Amounts receivable within one year40/41€163k€237k▲
Trade receivables40€30k€30k▲
Other amounts receivable41€133k€207k▲
Deferred charges and accrued income490/1-€27k
Equity and liabilities
Total equity and liabilities10/49€1.15M€1.23M▲
Equity10/15€62k€80k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€982€6k▲
Non-distributable reserves130/1€982€6k▲
Legal reserve130€982€6k▲
Profit (loss) carried forward14-€13k
Amounts payable17/49€1.09M€1.15M▲
Amounts payable after more than one year17€1.05M€1.08M▲
Financial debts170/4€1.05M€1.08M▲
Amounts payable within one year42/48€6k€4k▼
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€860€744▼
Taxes450/3€860€744▼
Accrued charges and deferred income492/3€32k€63k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€20k▼
Other operating charges640/8€23k€20k▼
Gross operating margin9900€96k€87k▼
Operating profit (loss)9901€50k€46k▼
Financial income75/76B€539€8k▲
Recurring financial income75€539€8k▲
Financial charges65/66B€49k€36k▼
Recurring financial charges65€49k€36k▼
Profit (loss) for the period before taxes9903€1k€19k▲
Income taxes67/77€327€1k▲
Profit (loss) for the period9904€982€18k▲
Profit (loss) for the period to be appropriated9905€982€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€982€18k▲
Transfer to equity691/2€982€5k▲
To the legal reserve6920€982€5k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity doublescurrent ratio 60.39
Current ratio from 25.94 to 60.39; short-term debt falls from €6k to €4k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
De Keyserlei 60C2018 AntwerpenGround area
3,154 m²
Building footprint
885 m²
Parcel 11808H1298/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
Sagax BE Industrial 8
since 20232.351.632.069
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1298/00C000 | Flanders | 3,154 m² | 1 · 885 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DORINI CONCEPT
BE 0844.160.217
Charleroi · Eq €80k
ATELIS
BE 0467.807.838
Huldenberg · Eq €81k
DE MEUTER VASTGOED
BE 0890.885.117
Lennik · Eq €81k
WIMARA
BE 0762.829.279
Antwerpen · Eq €80k
NISK
BE 1004.691.554
Brasschaat · Eq €80k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,587 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-10-2023
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.sagax.se
E-mail:info@sagax.nl