Bankrupt · Opening faillissement (CBE)

SAGEC

BE0670534670

Rechtspersoon Cooperative company 1 establishment

SAGEC is a construction company in Vorst. Cooperative, started on 30 January 2017, 1 establishment.

Wielemans Ceuppenslaan 151 box 3G, 1190 Vorst

Behind the company: Mihai Costel MOROSAN.

Start date

30 January 2017

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

SAGEC from Vorst, company number BE0670534670, closed financial year 2024 with a result of € -36,828 after tax. For that financial year SAGEC recorded a gross margin of € -4,939 and equity of € 14,155. Compared with financial year 2023, the result moved from € -27,350 to € -36,828. The company made a loss. The buffer shrank hard: equity is 72 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 7, 2024.

What it is worth Shrank hard

€ 14,155

▼ 72% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -36,828

▼ 35 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 7,020

▲ 70% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 7,955.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 16,130

▲ 42% vs 2023

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
202220232024Change 2023 → 2024
Gross margin € 40,138 € 1,330 € -4,939 ▼ € 6,269
Profit after taxes € 9,971 € -27,350 € -36,828 ▼ € 9,478
Equity € 78,333 € 50,983 € 14,155 ▼ 72%
Total debts € 63,065 € 15,648 € 16,130 ▲ 3%
Cash € 6,626 € 4,131 € 7,020 ▲ 70%
Retained profit € 72,133 € 44,783 € 7,955 ▼ 82%
Bank debt € 15,380 € 4,302 € 0 ▼ 100%
Balance sheet total € 141,398 € 66,631 € 30,285 ▼ 55%

Key figures of SAGEC, fiscal years 2022 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 30 January 2026.

What happened to SAGEC?

What happened at SAGEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

SAGEC is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 36,828. Source: NBB ↗
  • Mihai Costel MOROSAN became a director. NBB
  • New establishment in Sint-Joost-ten-Node. KBO
  • Start of the company according to the CBE. KBO

In short

From € 9,971 profit in 2022 to € 36,828 loss in 2024.

Paid € 7,596 in corporate taxes since 2022.

Best year ever: 2022, with € 9,971 profit.

Management

Mihai Costel MOROSAN
SAGEC

Behind SAGEC is Mihai Costel MOROSAN.

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Directors

According to the 2024 annual accounts

Mihai Costel MOROSAN

Director

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Wielemans Ceuppenslaan 151 box 3G

1190 Vorst

2.261.651.703

Willemsstraat 29

1210 Sint-Joost-ten-Node

Active since 1 February 2017

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
0670.534.670
VAT number
BE 0670.534.670
Registered office
Wielemans Ceuppenslaan 151 bus 3G, 1190 Vorst
Names & denominations
SAGEC
Enterprise type
Rechtspersoon
Legal form
Cooperative company
Legal situation
Opening faillissement
Start date
30 January 2017
Peppol
Not registered
Activities · NACE

Algemene bouw van residentiële gebouwen

Landschapsverzorging

Overige posterijen en koeriers

Frequently asked questions

What does SAGEC do?
SAGEC is a construction company in Vorst. Cooperative, started on 30 January 2017, 1 establishment.
What is the address of SAGEC?
The registered office of SAGEC is located at Wielemans Ceuppenslaan 151 box 3G, 1190 Vorst.
Is SAGEC still active?
No. The CBE lists SAGEC with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is SAGEC registered on Peppol?
No, SAGEC is currently not registered on the Peppol network.
What is the enterprise number of SAGEC?
The enterprise number of SAGEC is BE0670534670.
When was SAGEC founded?
SAGEC was founded on 30 January 2017.