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 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Sagak from Kuurne, company number BE0457565826, closed financial year 2025 with a result of € 4,689 after tax. For that financial year Sagak recorded a gross margin of € 5,999 and equity of € 3,584. Compared with financial year 2024, the result moved from € -2,275 to € 4,689. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 3,584
▲ € 4,689 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,689
▲ still € 2,275 loss in 2024
Profit after tax over the fiscal year.
€ 2,475
▲ € 2,248 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -54,375.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 14,241
▲ 102% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,926
▼ 21% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -10,425 | € 22,601 | € 3,192 | € 5,999 | ▲ 88% |
| Profit after taxes | € -11,154 | € -5,344 | € -2,275 | € 4,689 | ▲ € 6,964 |
| Equity | € 6,515 | € 1,171 | € -1,105 | € 3,584 | ▲ € 4,689 |
| Total debts | € 21,657 | € 103,663 | € 93,680 | € 92,604 | ▼ 1% |
| Cash | € 343 | € 18 | € 228 | € 2,475 | ▲ € 2,248 |
| Retained profit | € -51,444 | € -56,788 | € -59,064 | € -54,375 | ▲ € 4,689 |
| Balance sheet total | € 28,172 | € 104,834 | € 92,575 | € 96,188 | ▲ 4% |
Key figures of Sagak, 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 Sagak?
What happened at Sagak in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,689. filed late Source: NBB ↗
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,154 loss in 2022 to € 4,689 profit in 2025.
Best year ever: 2025, with € 4,689 profit.
Management
Behind Sagak is Carine Eggermont. It owns 100% of Projectmanagement Coucke itself.
Directors
According to the 2025 annual accounts
Carine Eggermont
Director
Establishments
Establishment units
Physical locations of this company
Steenezelstraat 11
8520 Kuurne
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.
Details
- Company number
- 0457.565.826
- VAT number
- BE 0457.565.826
- Registered office
- Steenezelstraat 11, 8520 Kuurne
- Names & denominations
- Sagak
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 1996
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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