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.
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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.
€ 14,155
▼ 72% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,828
▼ 35 % more loss than in 2023
Profit after tax over the fiscal year.
€ 7,020
▲ 70% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 7,955.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 16,130
▲ 42% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | Change 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.
A new publication or filing at SAGEC? We notify you, reason included.
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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
Directors
According to the 2024 annual accounts
Mihai Costel MOROSAN
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Wielemans Ceuppenslaan 151 box 3G
1190 Vorst
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
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