SAGEL
ActiveSummary
SAGEL has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €240,283 and a net result of -€8,066. Equity is shrinking by about 11% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 25% of 11,186 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SAGEL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Annexes du Moniteur belge, Région de Bruxelles-Capitale” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Administrateur unique, reste en fonction jusqu'à remplacement raisonnable à demande de société” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tout transfert d'actions entre vifs, ARTICLE 10” (deed in French)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Émettre des actions nouvelles, des obligations convertibles ou des droits de souscription, jour fixé par la loi comme point de départ de ce…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 30 June at 09:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en exercice ou à défaut un ou plusieurs liquidateurs nommés par assemblée générale, solde après réalisation actif,apurement…” (deed in French)