SAGE & CO
Open bankruptcyA bankruptcy procedure is open for SAGE & CO according to publications in the Belgian State Gazette; curator: YSABELLE ENSCH. The file additionally contains 1 administrative flag. The 2024 annual accounts show equity of €9k and a net result of €21k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1124 sector peers (2024).
NBB · sector comparisonPosition among 1124 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 27-06-2025, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
58 d late
2023
189 d late
2022
8 d early
2021
2 d early
2020
2 d early
2019
6 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, full schema
Turnover
€334k▼ 6.3%
2018 · €356k
2018: €356k
2018 → 2019
EBIT margin
3.1%▲ 2.8pp
2018 · 0.3%
2018: 0.3%
2018 → 2019
Net result
€21k
2023 · €-18k
2018: €-9k
2019: €2k
2020: €859
2021: €-33k
2022: €22k
2023: €-18k
2018 → 2024
Working capital
€2k
2023 · €-24k
2018: €-7k
2019: €-10k
2020: €-12k
2021: €-17k
2022: €-10k
2023: €-24k
2018 → 2024
Multi-year overview
Available amounts per fiscal year
Line20202021202220232024Trend
Equity€16k-€-17k€5k€-13k€9k
Operating result€5k-€-14k€24k€-16k€25k
Net result€859-€-33k€22k€-18k€21k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €25k after a loss of €16k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €69k
Fixed assets
€16k▼ 19.2%
Current assets
€53k▲ 21.4%
Equity and liabilities €69k
Equity
€9k
Debt
€61k
Debt finances 87.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€29k▲
2023 · €-12k
Cash flow
€25k▲
2023 · €-14k
Solvency
12.5%▲
2023 · -19.9%
Current ratio
1.03▲
2023 · 0.65
Quick ratio
1.03▲
2023 · 0.65
Debt / equity
7.00▲
2023 · -6.02
ROE
246.4%
ROA
30.8%▲
2023 · -27.5%
Interest coverage
17.12▲
2023 · -6.15
Debt
€61k▼
2023 · €77k
Debt ≤ 1 year
€52k▼
2023 · €68k
Debt > 1 year
€9k=
2023 · €9k
Income taxes
€309▲
2023 · €252
Staff costs
€72k▲
2023 · €51k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€64k€69k▲
Fixed assets21/28€20k€16k▼
Tangible fixed assets22/27€11k€7k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€8k€5k▼
Financial fixed assets28€9k€9k=
Current assets29/58€44k€53k▲
Amounts receivable within one year40/41€44k€50k▲
Trade receivables40€31k€36k▲
Other amounts receivable41€13k€14k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€64k€69k▲
Equity10/15€-13k€9k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€-25k€-4k▲
Amounts payable17/49€77k€61k▼
Amounts payable after more than one year17€9k€9k=
Other amounts payable178/9€9k€9k=
Amounts payable within one year42/48€68k€52k▼
Financial debts43€8k€2k▼
Credit institutions430/8€8k€2k▼
Trade debts44€50k€11k▼
Suppliers440/4€50k€11k▼
Taxes, remuneration and social security45€10k€39k▲
Taxes450/3€454€25k▲
Remuneration and social security454/9€9k€14k▲
Income statement
Code20232024
Remuneration, social security and pensions62€51k€72k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=
Other operating charges640/8€4k€2k▼
Gross operating margin9900€43k€103k▲
Operating profit (loss)9901€-16k€25k▲
Financial income75/76B€218€300▲
Recurring financial income75€218€300▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€2k▼
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€-17k€22k▲
Income taxes67/77€252€309▲
Profit (loss) for the period9904€-18k€21k▲
Profit (loss) for the period to be appropriated9905€-18k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-4k▲
Profit (loss) brought forward from the previous period14P€-8k€-25k▼
Social balance
Average headcount (FTE)9087-3.0
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
10-08
KBO administration
Address struck
03-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL SAGE & CO BOULEVARD DU NEUVIEME DE LIGNE 35, 1000 BRUXELLES · event 30-03-2026
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 58 days late
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 189 days late
30-09
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
2023
22-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Weakest financial yearnet €-33k ▼3937%
Net result drops to €-33k, the lowest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
06-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 6 days late
2019
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
08-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
22-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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
1 establishment unit since 2012
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.
Ground area
1,083 m²
Building footprint
947 m²
Volume, LiDAR
20,927 m³
2 parcels, Brussels · tallest building 25.0 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
SAGE & CO
since 20122.211.823.791
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1454/00X004 | Brussels | 1,013 m² | 1 · 874 m² | 24.9 m · 8 fl. |
| 21906D0027/00K003 | Brussels | 69 m² | 1 · 73 m² | 18.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | YSABELLE ENSCH AVENUE LOUISE 349 B 17,
1050 IXELLES |
30-03-2026 → present |
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,203. 3,667 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-2011
Fiscal year end30-09
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.