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 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Sa.Phi from Bertem, company number BE0682649673, closed financial year 2025 with a result of € -8,520 after tax. For that financial year Sa.Phi recorded a gross margin of € 51,650 and equity of € 19,008. Compared with financial year 2024, the result moved from € -6,440 to € -8,520. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 4, 2026.
€ 19,008
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,520
▼ 32 % more loss than in 2024
Profit after tax over the fiscal year.
€ 10,175
▲ 240% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 458.
People and assets in 2025
€ 19,973
▼ 20% vs 2024
Of which on lease € 15,959.
Debts at end 2025
€ 953,475
▼ 1% vs 2024
€ 32,776 is repaid this year. At this pace the long-term loan is gone in ≈ 29 years.
€ 832
Supplier invoices still open on the last day of the fiscal year.
€ 3,150
▲ 5% 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 | € 32,758 | € 64,558 | € 52,450 | € 51,650 | ▼ 2% |
| Profit after taxes | € 4,043 | € 6,312 | € -6,440 | € -8,520 | ▼ € 2,080 |
| Equity | € 27,657 | € 33,968 | € 27,528 | € 19,008 | ▼ 31% |
| Total debts | € 768,983 | € 747,724 | € 1,055,914 | € 1,109,983 | ▲ 5% |
| Cash | € 59,081 | € 1,492 | € 2,992 | € 10,175 | ▲ 240% |
| Land & buildings | € 545,257 | € 675,971 | € 1,009,488 | € 1,011,857 | |
| Retained profit | € 9,107 | € 15,418 | € 8,978 | € 458 | ▼ 95% |
| Bank debt | € 628,635 | € 618,491 | € 966,887 | € 953,475 | ▼ 1% |
| Balance sheet total | € 796,640 | € 781,692 | € 1,083,442 | € 1,128,991 | ▲ 4% |
Key figures of Sa.Phi, 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 Sa.Phi?
What happened at Sa.Phi in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,520. Source: NBB ↗
- New establishment in Bertem. KBO
- Sasja Philips became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,043 profit in 2022 to € 8,520 loss in 2025.
Best year ever: 2023, with € 6,312 profit.
Management
Behind Sa.Phi is Sasja Philips. Sasja Philips is also behind Sasja-Igor, V.V.L. and Liberoo Heverlee.
Directors
According to the 2025 annual accounts
since 2017
Establishments
Establishment units
Physical locations of this company
Tervuursesteenweg 14
3060 Bertem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0682.649.673
- VAT number
- BE 0682.649.673
- Registered office
- Tervuursesteenweg 14, 3060 Bertem
- Names & denominations
- Sa.Phi · besloten vennootschap met beperkte aansprakelijkheid
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2017
- Peppol
- Active · Active since 28 Jul 2024
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen