Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SAGA Belgique from Nivelles, company number BE0447658166, closed financial year 2025 with a result of € 117,292 after tax. For that financial year SAGA Belgique recorded revenue of € 139.6 million and equity of € 7.2 million. Compared with financial year 2024, the result moved from € 76,848 to € 117,292. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 7.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 117,292
▲ 53% vs 2024
Profit after tax over the fiscal year.
€ 493,109
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 115,000 paid out
98 % of the profit went to the shareholders, mostly to RCM BELGIQUE (99 % of the shares). That is where the money ends up.
People and assets in 2025
284.6
▲ 95.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 21.5 million
▲ 75% vs 2024
€ 75,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 144,194
▲ 80% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11.7 million
▼ 22% vs 2024
€ 566,815 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 5.9 million
▲ 123% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 17 days on average.
€ 5.2 million
▲ 113% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 116,505,106 | € 129,092,915 | € 127,844,894 | € 139,635,968 | ▲ 9% |
| Profit after taxes | € 1,668,660 | € 1,726,545 | € 76,848 | € 117,292 | ▲ 53% |
| Equity | € 7,242,642 | € 7,118,176 | € 7,194,013 | € 7,195,294 | |
| Total debts | € 26,183,716 | € 25,572,761 | € 23,471,831 | € 27,788,085 | ▲ 18% |
| Cash | € 1,526,989 | € 1,617,003 | € 595,031 | € 493,109 | ▼ 17% |
| Land & buildings | € 11,106,835 | € 10,443,436 | € 9,918,513 | € 9,605,004 | ▼ 3% |
| Retained profit | € 4,959,268 | € 4,835,813 | € 4,912,661 | € 4,914,953 | |
| Dividend | € 1,000,000 | € 1,850,000 | € 0 | € 115,000 | |
| Bank debt | € 16,868,640 | € 16,089,412 | € 14,917,853 | € 11,676,129 | ▼ 22% |
| Balance sheet total | € 33,426,358 | € 32,690,937 | € 30,736,280 | € 35,223,794 | ▲ 15% |
| Employees (FTE) | 191.8 | 186.8 | 189.2 | 284.6 | ▲ 95.4 |
Key figures of SAGA Belgique, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SAGA Belgique?
What happened at SAGA Belgique in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CHABOT Ronan stepped down as director. NBB
- Olivier Piret stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 117,292 (▲ 53% vs 2024). Source: NBB ↗
- New establishment in Farciennes. KBO
- New establishment in Hannut. KBO
- New establishment in Huy. KBO
- New establishment in Farciennes. KBO
- New establishment in Braine-l'Alleud. KBO
In short
From € 1.7 million profit in 2022 to € 117,292 profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.7 million profit.
Paid out € 3 million in dividends to the owners in total.
Management
The stake of RCM BELGIQUE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SAGA BelgiqueThe shares are held by RCM BELGIQUE (99%).
Directors
According to the 2025 annual accounts
CHABOT Ronan
Chairman of the board
since 2025 · until 2031
since 2025 · until 2031
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Albert Einstein 5
1400 Nivelles
Rue de la Rivièrette(SG) 180
7330 Saint-Ghislain
Active since 10 September 1992
Avenue de Maire(TOU) 55
7500 Tournai
Active since 17 September 2001
Rue de la Poire d'Or(C.) 4
7033 Mons
Active since 31 December 2014
Rue de Baume(L.L) 23
7100 La Louvière
Active since 31 December 2014
Quai Donat Casterman(TOU) 53
7500 Tournai
Active since 5 August 2015
Rue d'Amiens(TOU) 7
7500 Tournai
Active since 1 July 2015
Rue de Tirlemont 84
4280 Hannut
Active since 1 July 2025
Avenue de l'Industrie 24
4500 Huy
Active since 1 July 2025
Rue de Fleurus(FAR) 81
6240 Farciennes
Active since 1 July 2025
Chaussée de Charleroi 20
1420 Braine-l'Alleud
Active since 1 July 2025
Grote Baan 340
1620 Drogenbos
Active since 1 July 2025
Rue Philippe Maystadt 81
6240 Farciennes
Active since 26 May 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Website info
Features
Details
- Company number
- 0447.658.166
- VAT number
- BE 0447.658.166
- Registered office
- Rue Albert Einstein 5, 1400 Nivelles
- Names & denominations
- SAGA Belgique
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 1992
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in motorbrandstoffen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)