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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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ERGEN SABRI from Waterloo, company number BE0734615741, closed financial year 2024 with a result of € -78,412 after tax. For that financial year ERGEN SABRI recorded a gross margin of € 221,122 and equity of € 91,592. Compared with financial year 2023, the result moved from € -79,610 to € -78,412. 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 September 23, 2025.
€ 91,592
▼ 46% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -78,412
▲ 2 % less loss than in 2023
Profit after tax over the fiscal year.
€ 43,922
▲ € 34,751 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -291,588.
Debts at end 2024
€ 1 million
▼ 10% vs 2023
€ 34,747 is repaid this year. At this pace the long-term loan is gone in ≈ 29 years.
€ 31,981
▼ 16% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -938 | € 38,091 | € 47,682 | € 221,122 | ▲ € 173,440 |
| Profit after taxes | € -37,252 | € -7,891 | € -79,610 | € -78,412 | ▲ € 1,198 |
| Equity | € -105,674 | € -113,565 | € 170,004 | € 91,592 | ▼ 46% |
| Total debts | € 806,471 | € 796,555 | € 1,225,847 | € 4,894,340 | ▲ 299% |
| Cash | € 4,757 | € 7,365 | € 9,171 | € 43,922 | ▲ € 34,751 |
| Land & buildings | € 684,940 | € 646,925 | € 1,372,470 | € 4,922,368 | ▲ 259% |
| Retained profit | € -125,674 | € -133,565 | € -213,175 | € -291,588 | ▼ € 78,412 |
| Bank debt | € 780,504 | € 780,882 | € 1,147,700 | € 1,034,483 | ▼ 10% |
| Balance sheet total | € 700,797 | € 682,990 | € 1,395,852 | € 4,985,932 | ▲ 257% |
Key figures of ERGEN SABRI, 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 ERGEN SABRI?
What happened at ERGEN SABRI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 78,412. filed late Source: NBB ↗
- Michel Ergen became a director. NBB
- Maria Ergen became a director. NBB
- Sabri Ergen became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,252 loss in 2021 to € 78,412 loss in 2024.
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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 ERGEN SABRI are Michel Ergen, Maria Ergen and Sabri Ergen.
Directors
According to the 2024 annual accounts
Michel Ergen
Director
since 2019
Maria Ergen
Director
since 2019
Sabri Ergen
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Avenue du Printemps 1
1410 Waterloo
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
- 0734.615.741
- VAT number
- BE 0734.615.741
- Registered office
- Avenue du Printemps 1, 1410 Waterloo
- Names & denominations
- ERGEN SABRI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2019
- Peppol
- Active · Active since 28 Dec 2024