Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
54 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
SARGO TEXTILES from Tubize, company number BE0475369581, closed financial year 2024 with a result of € -9,507 after tax. For that financial year SARGO TEXTILES recorded revenue of € 19,522 and equity of € -33,070. Compared with financial year 2023, the result moved from € 19,192 to € -9,507. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2025.
€ -33,070
▼ € 9,507 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,507
▼ still € 19,192 profit in 2023
Profit after tax over the fiscal year.
€ 5,014
▼ 45% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -39,270.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 67,121
▼ 14% vs 2023
€ 11,672 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 135
▼ 77% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 27,355
▲ 1% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 54,582 | € 52,621 | € 76,713 | € 19,522 | ▼ 75% |
| Gross margin | € 15,333 | € 15,107 | € 35,390 | € 1,507 | ▼ 96% |
| Profit after taxes | € -3,384 | € -3,283 | € 19,192 | € -9,507 | ▼ € 28,699 |
| Equity | € -39,472 | € -42,755 | € -23,563 | € -33,070 | ▼ € 9,507 |
| Total debts | € 285,512 | € 288,256 | € 263,039 | € 254,875 | ▼ 3% |
| Cash | € 3,872 | € 9,102 | € 9,140 | € 5,014 | ▼ 45% |
| Land & buildings | € 228,898 | € 223,616 | € 218,333 | € 213,051 | ▼ 2% |
| Retained profit | € -45,672 | € -48,955 | € -29,763 | € -39,270 | ▼ € 9,507 |
| Bank debt | € 99,837 | € 89,302 | € 78,401 | € 67,121 | ▼ 14% |
| Balance sheet total | € 246,040 | € 245,501 | € 239,476 | € 221,805 | ▼ 7% |
Key figures of SARGO TEXTILES, 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 SARGO TEXTILES?
What happened at SARGO TEXTILES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 9,507 (▼ € 28,699 vs 2023). filed late Source: NBB ↗
- New establishment in Tubize. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,384 loss in 2021 to € 9,507 loss in 2024.
Paid € 739 in corporate taxes since 2021.
Best year ever: 2023, with € 19,192 profit.
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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 SARGO TEXTILES is Patrick Vannuvel.
Directors
According to the 2024 annual accounts
Patrick Vannuvel
Manager
Establishments
Establishment units
Physical locations of this company
Rue des Ponts 23
1480 Tubize
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 54 companies are registered at this address.
All companies at this address →FRIGOMAN
€ 309,924 gross margin · 2025
VALCIM
€ 277,791 revenue · 2023
LIQUIDOSTOCK
EUROBIKE
€ 281,086 gross margin · 2025
REPARATIONS MECANIQUES
€ 169 gross margin · 2025
+49 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.369.581
- VAT number
- BE 0475.369.581
- Registered office
- Rue des Ponts 23, 1480 Tubize
- Names & denominations
- SARGO TEXTILES · SARGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 July 2001
- Peppol
- Active · Active since 16 Feb 2026
- Activities · NACE
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handelsbemiddeling in goederen, algemeen assortiment
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in kleding, kledingtoebehoren en bontartikelen