SAGEVAS
ActiveSummary
SAGEVAS has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18.2m and a net result of -€1.2m. Equity has been growing by about 18% per year since 2018. Its solvency ranks better than 64% of 58 sector peers (NACE 92, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 05-01-2011 Normal situation
- Registered office
- 274 active companies are registered at this address 23 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Gambling and betting activities NACE 92000
- Establishment units
- 2.195.743.072 1050 Elsene, since 24-12-2010
- 2.216.027.059 7100 La Louvière, since 01-02-2013and 28 others
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- OPEN2MARKETDirector · since 31-12-2025
- Auditor
- RSM INTERAUDIT
- Holdings
- Shares in 2 companies B en M and Premier Betting Service Ltd
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Turnover
- €22.2m
- ▼ 31.7%
- Loss
- €1.2m
- Equity
- €18.2m
- ▼ 6.1%
- Total assets
- €23.9m
- ▼ 28.3%
- Employees on 31-12-2025
- 4
- =
Score breakdownraises riskLoss of €1.2m (financial year 2025)lowers riskFounded in 2011Size: turnover €22.2m, 4 FTE, total assets €23.9mFigures for financial year 2025 (filed on 20-07-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 92, micro). It does better than 84% of them on solvency, 52% on liquidity, 23% on profitability and 25% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 92), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2025after a profit of €1.4m in 2024 -€1.2m View
- Caution: Lower net result than 95% of companies in gambling and bettingsector median €28,227 · 58 companies -€1.2m View
- Caution: Board changedlatest change 08-04-2026 · 1 in office 1 joined · 2 left View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Recent changes
- · Gazette deed Reappointment: SRL RSM Interaudit (statutory auditor)
- · Gazette deed Resignation: Finadel (director)Permanent representative: Arnaud Delmarcelle
- · Gazette deed 1 director appointed, 2 directors resigningAppointment: OPEN2MARKET SRL (director) · Permanent representative: Timothy Mastelinck · Resignation: Alexis Murphy (director)
Comparable companies
These companies have the same main activity as SAGEVAS: gambling and betting activities (NACE 92000). They are comparable in size and age: total assets between €2.9m and €102m, founded between 1997 and 2021.
| Company | Total assets | Turnover |
|---|---|---|
| SAGEVAS Elsene | €23.9m | €22.2m |
| ROCOLUC Elsene | €16.7m | €6.4m |
| NAPOLEON GAMES SPORTS Sint-Jans-Molenbeek | €102.0m | €60.8m |
| LEADER BET Oostende | €11.1m | €50.4m |
| EURO TIERCE Namur | €6.4m | - |
| SCOOORE Etterbeek | €6.3m | €11.1m |
| Casinoelite.be Anderlecht | €2.9m | €3.8m |
Key facts about SAGEVAS
- What is the company number of SAGEVAS?
- The company number of SAGEVAS is 0832.457.166. The VAT number is the same number with BE in front: BE 0832.457.166.
- Where is SAGEVAS based?
- The registered office is at Louizalaan 209A, 1050 Elsene.Company details
- What does SAGEVAS do?
- According to the KBO register, the main activity is gambling and betting activities (NACE 92000).
- What is the legal form of SAGEVAS?
- The legal form of SAGEVAS is Public limited company (NV).
- When was SAGEVAS founded?
- SAGEVAS was founded on 05-01-2011.
- Is SAGEVAS still active?
- Yes, SAGEVAS is an active enterprise in the KBO register.
- How many employees does SAGEVAS have?
- SAGEVAS had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SAGEVAS?
- The turnover of SAGEVAS was €22.2m in financial year 2025, according to the filed annual accounts.
- Is SAGEVAS profitable?
- In financial year 2025, SAGEVAS made a loss of €1.2m.
- Where can I find the annual accounts of SAGEVAS?
- SAGEVAS filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SAGEVAS due?
- SAGEVAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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