SAGI EXPORT
ActiveSummary
SAGI EXPORT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€43,169) and a net result of €251,737. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 1431 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+54
Solvency22▲+14
Growth72=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 4.92 against 1.58 in 2024; short-term debt: 18.6% and cash: 11% of total assets), but equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1431 sector peers (2025).
NBB · sector comparisonPosition among 1431 sector peers
Solvency
better than 18%
← 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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
14 d early
2023
112 d late
2022
273 d late
2021
102 d late
2020
26 d late
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 68 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#5 company by total assets in Ans, Telecoms and IT sector#10 oldest company in Ans, Telecoms and IT sector
Turnover
€7.5m▲ 202%
2018 · €2.5m
EBIT margin
-1.4%▲ 4.9pp
2018 · -6.3%
Net result
€251,737
2024 · -€49,720
Working capital
€1.3m▲ 109%
2024 · €602,246
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€416,700-€1.6m€26,828€191,003▲ 612%€284,145▲ 48.8%
Net result€274,351-€886,850€27,399-€49,720€251,737
EBIT margin
Equity€614,264▲ 80.7%-€272,586-€245,187▲ 10.1%-€294,906▼ 20.3%-€43,169▲ 85.4%
Total assets€1.9m▲ 50.1%€4.1m▲ 109%€3.8m▼ 5.7%€1.7m▼ 55.9%€1.7m▲ 1.9%
Debt€1.3m▲ 39.3%€4.3m▲ 227%€4.1m▼ 5.9%€2.0m▼ 51.3%€1.8m▼ 11.0%
Working capital€537,761▼ 21.6%-€314,361-€289,454▲ 7.9%€602,246€1.3m▲ 109%
Staff (FTE)18.7▲ 34.5%19▲ 1.6%16.8▼ 11.6%17▲ 1.2%16.7▼ 1.8%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€144,396 ▲ 218%
Current assets
€1.6m ▼ 4.0%
Key figures and ratios
EBITDA
€304,998▲
2024 · €208,716
Cash flow
€272,591▲
2024 · -€32,007
Solvency
-2.5%▲
2024 · -17.4%
Current ratio
4.92▲
2024 · 1.58
Quick ratio
4.32▲
2024 · 1.22
Debt to equity
-40.98▼
2024 · -6.74
ROA
14.6%▲
2024 · -2.9%
Interest coverage
6.89▲
2024 · 2.16
Debt ≤ 1 year
€321,224▼
2024 · €1.0m
Debt > 1 year
€1.4m▲
2024 · €921,373
Income taxes
€9,651▼
2024 · €144,153
Staff costs
€1.2m▼
2024 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €654,219 | - | €2,435 | - | €36,629 | - |
| Remuneration, social security and pensions62 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | ▼ 1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,731 | €20,827 | €25,100 | €17,712 | €20,854 | ▲ 17.7% |
| Other operating charges640/8 | €7,575 | €8,254 | €13,427 | €18,613 | €62,447 | ▲ 235% |
| Non-recurring operating charges66A | €565,432 | €1.7m | - | €2,983 | €1,887 | ▼ 36.7% |
| Gross operating margin9900 | €2.2m | €1.4m | €1.3m | €1.4m | €1.6m | ▲ 8.6% |
| Operating profit (loss)9901 | €416,700 | -€1.6m | €26,828 | €191,003 | €284,145 | ▲ 48.8% |
| Financial income75/76B | €24 | €655,000 | - | €0 | €21,527 | ▲ 107,637,250% |
| Recurring financial income75 | €24 | €655,000 | - | €0 | €21,527 | ▲ 107,637,250% |
| Non-recurring financial income76B | - | €655,000 | - | - | - | - |
| Financial charges65/66B | €56,308 | €63,995 | €85,896 | €96,570 | €44,284 | ▼ 54.1% |
| Recurring financial charges65 | €56,308 | €63,995 | €85,896 | €96,570 | €44,284 | ▼ 54.1% |
| Profit (loss) for the period before taxes9903 | €360,415 | -€960,361 | -€59,068 | €94,433 | €261,388 | ▲ 177% |
| Income taxes67/77 | €86,065 | -€73,511 | -€86,467 | €144,153 | €9,651 | ▼ 93.3% |
| Profit (loss) for the period9904 | €274,351 | -€886,850 | €27,399 | -€49,720 | €251,737 | ▲ 606% |
| Profit (loss) for the period to be appropriated9905 | €274,351 | -€886,850 | €27,399 | -€49,720 | €251,737 | ▲ 606% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €4.1m | €3.8m | €1.7m | €1.7m | ▲ 1.9% |
| Fixed assets21/28 | €81,996 | €55,503 | €60,172 | €45,381 | €144,396 | ▲ 218% |
| Tangible fixed assets22/27 | €24,196 | €29,047 | €34,816 | €24,795 | €28,154 | ▲ 13.5% |
| Land and buildings22 | €94 | - | - | - | - | - |
| Plant, machinery and equipment23 | - | €7,984 | €4,164 | €345 | €0 | ▼ 100.0% |
| Furniture and vehicles24 | €24,102 | €21,063 | €30,652 | €24,451 | €28,154 | ▲ 15.1% |
| Financial fixed assets28 | €57,800 | €26,456 | €25,356 | €20,586 | €116,242 | ▲ 465% |
| Current assets29/58 | €1.9m | €4.0m | €3.8m | €1.6m | €1.6m | ▼ 4.0% |
| Stocks and contracts in progress3 | €22,482 | €370,222 | €175,727 | €372,304 | €195,085 | ▼ 47.6% |
| Stocks30/36 | €22,482 | €370,222 | €175,727 | €372,304 | €195,085 | ▼ 47.6% |
| Amounts receivable within one year40/41 | €1.4m | €3.6m | €3.5m | €1.1m | €1.2m | ▲ 3.3% |
| Trade receivables40 | €1.4m | €3.6m | €3.3m | €1.0m | €6,308 | ▼ 99.4% |
| Other amounts receivable41 | €24,019 | €30,873 | €190,235 | €122,229 | €1.2m | ▲ 865% |
| Cash at bank and in hand54/58 | €455,632 | €36,105 | €151,508 | €123,020 | €190,325 | ▲ 54.7% |
| Deferred charges and accrued income490/1 | €5,650 | - | €285 | €4,922 | €10,560 | ▲ 115% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €4.1m | €3.8m | €1.7m | €1.7m | ▲ 1.9% |
| Equity10/15 | €614,264 | -€272,586 | -€245,187 | -€294,906 | -€43,169 | ▲ 85.4% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €546,064 | -€340,786 | -€313,387 | -€363,106 | -€111,369 | ▲ 69.3% |
| Amounts payable17/49 | €1.3m | €4.3m | €4.1m | €2.0m | €1.8m | ▼ 11.0% |
| Amounts payable after more than one year17 | - | - | - | €921,373 | €1.4m | ▲ 56.0% |
| Other amounts payable178/9 | - | - | - | €921,373 | €1.4m | ▲ 56.0% |
| Amounts payable within one year42/48 | €1.3m | €4.3m | €4.1m | €1.0m | €321,224 | ▼ 69.3% |
| Financial debts43 | €851,093 | €1.0m | €1.5m | €516,035 | €41,158 | ▼ 92.0% |
| Credit institutions430/8 | €851,093 | €1.0m | €1.5m | €516,035 | €41,158 | ▼ 92.0% |
| Trade debts44 | €125,129 | €3.0m | €2.3m | €244,743 | €79,718 | ▼ 67.4% |
| Suppliers440/4 | €125,129 | €3.0m | €2.3m | €244,743 | €79,718 | ▼ 67.4% |
| Taxes, remuneration and social security45 | €348,420 | €353,789 | €294,772 | €285,228 | €200,348 | ▼ 29.8% |
| Taxes450/3 | €119,335 | €154,860 | €100,835 | €100,396 | €39,550 | ▼ 60.6% |
| Remuneration and social security454/9 | €229,085 | €198,930 | €193,937 | €184,832 | €160,798 | ▼ 13.0% |
| Accrued charges and deferred income492/3 | €5,493 | €13,727 | €15,905 | €21,160 | €10,599 | ▼ 49.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €274,351 | -€886,850 | €27,399 | -€49,720 | €251,737 | ▲ 606% |
| + Depreciation and write-downs630 | €13,731 | €20,827 | €25,100 | €17,712 | €20,854 | ▲ 17.7% |
| Operating cash flow (approximation) | €288,082 | -€866,023 | €52,499 | -€32,007 | €272,591 | ▲ 952% |
| Investment in fixed assets (approximation) | - | €5,666 | -€29,769 | -€2,921 | -€119,869 | ▼ 4,003% |
| Change in cash | - | -€419,527 | €115,403 | -€28,488 | €67,305 | ▲ 336% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €251,737
Net result €251,737 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.92
Current ratio from 1.58 to 4.92; short-term debt falls from €1.0m to €321,224.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 112 days late
29-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 273 days late
2023
31-12
Financial
Back to profitnet €27,399
Net result €27,399 after one loss-making year.
2022
10-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 102 days late
2021
31-12
Financial
Back to profitnet €274,351
Net result €274,351 after 3 loss-making years.
31-12
Financial
Equity above €500,000Eq €614,264 ▲80.7%
Equity rises from €339,913 to €614,264.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet -€932,985
Net result drops to -€932,985, the lowest in the series; recovery starts the following year.
Show earlier events
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity triplescurrent ratio 10.77
Current ratio from 3.29 to 10.77; short-term debt falls from €1.0m to €383,764.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts
We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
19 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, Ans · 1 establishment unit since 2004
Ground area
8,620 m²
Building footprint
4,413 m²
Volume, LiDAR
24,918 m³
2 parcels, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
SAGI EXPORT
since 20042.193.702.708
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62001B0281/00W000 | Wallonia | 7,393 m² | 1 · 4,277 m² | 8.3 m · 2 fl. |
| 62101C0046/00M000 | Wallonia | 1,227 m² | 1 · 135 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 5,128 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-05-2004
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
47400Retail sale of information and communication equipment
77330Rental and leasing activities
Contact
Phone
04/3880000Esneux
Scores and ratios are computed by Checked and are not a credit decision.