Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Saray Meubles from Brussel, company number BE0454158948, closed financial year 2024 with a result of € -71,186 after tax. For that financial year Saray Meubles recorded revenue of € 2.2 million and equity of € 310,320. Compared with financial year 2023, the result moved from € 29,404 to € -71,186. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 27, 2025.
€ 310,320
▼ 19% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -71,186
▼ still € 29,404 profit in 2023
Profit after tax over the fiscal year.
€ 41,511
▼ 10% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 240,320.
People and assets in 2024
2.7
▲ 0.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 103,787
▲ 66% vs 2023
€ 38,400 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.
€ 52,673
▼ 15% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 42,866
▼ 13% vs 2023
€ 17,828 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 163,513
▲ 47% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 85,820
▲ 47% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 2,083,315 | € 2,071,873 | € 2,225,725 | € 2,199,307 | ▼ 1% |
| Gross margin | € 194,298 | € 135,580 | € 141,635 | € 78,897 | ▼ 44% |
| Profit after taxes | € 76,738 | € 27,211 | € 29,404 | € -71,186 | ▼ € 100,590 |
| Equity | € 324,892 | € 352,102 | € 381,506 | € 310,320 | ▼ 19% |
| Total debts | € 224,186 | € 202,776 | € 219,130 | € 293,073 | ▲ 34% |
| Cash | € 90,789 | € 157,080 | € 46,140 | € 41,511 | ▼ 10% |
| Retained profit | € 254,892 | € 282,102 | € 311,506 | € 240,320 | ▼ 23% |
| Bank debt | € 24,648 | € 14,335 | € 49,028 | € 42,866 | ▼ 13% |
| Balance sheet total | € 549,077 | € 554,878 | € 600,636 | € 603,393 | |
| Employees (FTE) | 2 | 2.3 | 1.8 | 2.7 | ▲ 0.9 |
Key figures of Saray Meubles, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Saray Meubles?
What happened at Saray Meubles in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 71,186 (▼ € 100,590 vs 2023). filed late Source: NBB ↗
- Emre SOGUT became a director. NBB
- Bayram SOGUT became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,738 profit in 2021 to € 71,186 loss in 2024.
Paid € 56,128 in corporate taxes since 2021.
Best year ever: 2021, with € 76,738 profit.
On average € 29,200 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Saray Meubles are Yusuf SOGUT, Emre SOGUT and Bayram SOGUT. Yusuf SOGUT is also behind YEM INVEST and EY INVEST. Emre SOGUT is also behind YEM INVEST and EY INVEST.
Directors
According to the 2024 annual accounts
since 2019
Bayram SOGUT
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 323-325
1000 Brussel
Antwerpsesteenweg 319
1000 Brussel
Active since 16 January 1995
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.158.948
- VAT number
- BE 0454.158.948
- Registered office
- Antwerpsesteenweg 323-325, 1000 Brussel
- Names & denominations
- Saray Meubles
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1994
- Peppol
- Active · Active since 2 Jun 2025
- Activities · NACE
Detailhandel in huismeubilair
Detailhandel in meubels
Detailhandel in huismeubilair in gespecialiseerde winkels