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SAGOE

Active
Private limited companyfounded 2009active for 16 yearsLekestraat 89, 9900 Eeklo, BelgiumKBO/BCE: BE 0821.880.208
Summary

SAGOE has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€19,913) and a net result of -€242. Equity has been shrinking by about 54% per year since 2019. Its solvency ranks better than 5% of 9,652 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-12-2009 Normal situation
Activity
Other business support services NACE 82990and 5 others
Establishment unit
2.184.602.722 9900 Eeklo, since 30-12-2009
Financial year end
30 September
Peppol
Reachable since 30-12-2025

Board and ownership

Board

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-09-2025
Gross margin
€2,730
Turnover
≈ €16,000
estimated
Loss
€242
▼ 98.5%
Equity
-€19,913
▼ 1.2%
Total assets
€16,157
▲ 22.9%
  • Negative equity on 30-09-2025
Filed on 03-03-2026, 58 days before the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€19,913lowers riskSize: total assets €16,157Liquidity: current ratio 0.39, cash €11,252Sector: Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 28% of micro companies in office administrative support (NACE 82)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -123.2% of total assets
Liquidity 50=
short-term debt 223.2% · cash 69.6%
Profitability 67+67
return on assets -1.5%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,670 companies, NACE 82, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.7%▲ +0.1 percentage points vs 12-2024 02-2025: 0.6%▼ -0.1 percentage points vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.9%▲ +0.2 percentage points vs 04-2025highest value 06-2025: 0.4%▼ -0.5 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.2%▼ -0.2 percentage points vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.39 (0.33 in 2024), below 1. Short-term debt is 223.2% and cash 69.6% of total assets. Equity is negative.
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 82, micro). It does better than 4% of them on solvency, 37% on liquidity, 35% on profitability and 36% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €16,157
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€19,913
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.39, cash €11,252
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€19,913
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-03-2026, 58 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
58 days early
2024
6 days late
2023
6 days late
2022
34 days late
2021
17 days early
2020
28 days late
2019
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 6 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end02-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€19,913 View
  • Risk: 5 loss-making years in a rowloss in financial year 2025 -€242 View
  • Caution: Lower solvency than 95% of companies in office administrative supportsector median 50.3% · 9,652 companies -123.2% View

Recent changes

  1. · Gazette deed Change of role: Sammy Goemaere, from manager to director
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as SAGOE: other business support services (NACE 82990). They are comparable in size and age: total assets between €10,000 and €25,500, founded between 1999 and 2010.

CompanyTotal assetsGross margin
SAGOE Eeklo€16,157€2,730
RAINBOW SMILE Bornem€13,804€2,672
IDEAWORKER Gent€14,720€3,673
ATELIER ENERGIE Libramont-Chevigny€20,566€2,210
ROYALDIAM Antwerpen€25,482€3,345
LISCHO Elsene€10,033€2,702
ZEP-Consult Beveren-Kruibeke-Zwijndrecht€19,913€3,019
Full comparison

Key facts about SAGOE

What is the company number of SAGOE?
The company number of SAGOE is 0821.880.208. The VAT number is the same number with BE in front: BE 0821.880.208.
Where is SAGOE based?
The registered office is at Lekestraat 89, 9900 Eeklo.Company details
What does SAGOE do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of SAGOE?
The legal form of SAGOE is Private limited company (BV).
When was SAGOE founded?
SAGOE was founded on 30-12-2009.
Is SAGOE still active?
Yes, SAGOE is an active enterprise in the KBO register.
What is the turnover of SAGOE?
The turnover in financial year 2025 is ≈ €16,000. This figure is estimated from the gross margin of €2,730 and 44 comparable companies (NACE 82990). It probably lies between €8,300 and €31,000. It is a rough estimate.Financials
Is SAGOE profitable?
In financial year 2025, SAGOE made a loss of €242.
Where can I find the annual accounts of SAGOE?
SAGOE filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SAGOE due?
SAGOE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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