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 35 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
73 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
3SAG from Waregem, company number BE0681839427, closed financial year 2025 with a result of € 266,907 after tax. For that financial year 3SAG recorded revenue of € 801,750 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 1.1 million to € 266,907. The company is profitable. 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 June 2, 2026.
€ 1.1 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 266,907
▼ 75% vs 2024
Profit after tax over the fiscal year.
€ 7,553
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 841,548
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,607
▲ 99% 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 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 4,024,576 | € 801,750 | ▼ 80% |
| Gross margin | € 8,947,861 | € 2,010,654 | € 1,298,749 | € 345,053 | ▼ 73% |
| Profit after taxes | € 6,641,988 | € 1,574,821 | € 1,070,012 | € 266,907 | ▼ 75% |
| Equity | € 7,547,101 | € 3,121,922 | € 1,091,934 | € 1,058,840 | ▼ 3% |
| Total debts | € 5,554,779 | € 7,608,046 | € 2,046,925 | € 1,190,269 | ▼ 42% |
| Cash | € 4,499,288 | € 740,660 | € 196,350 | € 7,553 | ▼ 96% |
| Retained profit | € 6,647,101 | € 2,221,922 | € 191,934 | € 158,840 | ▼ 17% |
| Dividend | € 0 | € 6,000,000 | € 3,100,000 | € 300,000 | ▼ 90% |
| Bank debt | € 3,850,000 | € 334,000 | € 0 | € 0 | |
| Balance sheet total | € 13,101,880 | € 10,729,967 | € 3,138,859 | € 2,249,109 | ▼ 28% |
Key figures of 3SAG, 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 3SAG?
What happened at 3SAG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SOLENCO BV stepped down as director. NBB
- CINQO NV stepped down as director. NBB
- Julien DE WILDE stepped down as director. NBB
- Kristof VANFLETEREN stepped down as director. NBB
- Davy DEMUYNCK stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 266,907 (▼ 75% vs 2024). Source: NBB ↗
- Davy DEMUYNCK became a director. NBB
- SOLENCO BV became a director. NBB
In short
From € 6.6 million profit in 2022 to € 266,907 profit in 2025.
Paid € 3.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 6.6 million profit.
Paid out € 9.4 million in dividends to the owners in total.
Management
The stake of Premier Development Fund, BLACK PANTHER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
3SAGThe shares are held by Premier Development Fund (65%) and BLACK PANTHER (35%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Director · represented by Nicolas DE QUINNEMAR
Also active at: NEDCO, PATIGNY, Verheyden, F.I.M., ATHMOS CAPITAL, BLACK PANTHER, ACCONSTRUCT, Downtown Development, CNTR Holding
since 2023 · until 2029
Davy DEMUYNCK
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO, RIKOTAL +133 more
since 2025 · until 2029
Julien DE WILDE
Director
Also active at: Kinderdagverblijf Sint-Jozef, Premier Development Fund, PDF INVEST, PDF LAND, PDF CONSTRUCT, PARKZICHT CONSTRUCT, PANQUIN LAND, PANQUIN CONSTRUCT +4 more
since 2023 · until 2029
Kristof VANFLETEREN
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, A’PEN, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO +139 more
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vredestraat 53
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 73 companies are registered at this address.
All companies at this address →Van Eyck Residentie
€ 159,675 gross margin · 2025
RODEKRUISPLEIN same network
€ 45,360 gross margin · 2025
COBOS same network
DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ same network
€ 325,000 revenue · 2025
SRB-invest
€ 2.1 million gross margin · 2022
+68 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
- 0681.839.427
- VAT number
- BE 0681.839.427
- Registered office
- Vredestraat 53, 8790 Waregem
- Names & denominations
- 3SAG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 2017
- Peppol
- Active · Active since 1 Jan 2001