Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Saga Invest from Saint-Nicolas, company number BE0766941683, closed financial year 2025 with a result of € -37,105 after tax. For that financial year Saga Invest recorded a gross margin of € 89,361 and equity of € -16,120. Compared with financial year 2024, the result moved from € -45,307 to € -37,105. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ -16,120
▼ € 37,105 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,105
▲ 18 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -56,120.
People and assets in 2025
€ 56,110
▲ 216% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,824
▲ € 2,444 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 555,061
▲ 18% vs 2024
€ 29,000 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 21,506
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 301
▼ 93% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 45,718 | € 12,694 | € 39,635 | € 89,361 | ▲ 125% |
| Profit after taxes | € 24,332 | € 1,961 | € -45,307 | € -37,105 | ▲ € 8,202 |
| Equity | € 64,332 | € 66,292 | € 20,985 | € -16,120 | ▼ € 37,105 |
| Total debts | € 218,126 | € 438,400 | € 506,688 | € 636,140 | ▲ 26% |
| Cash | € 12,023 | - | € 52,422 | - | |
| Land & buildings | - | - | € 429,544 | € 367,469 | ▼ 14% |
| Retained profit | € 24,332 | € 26,292 | € -19,015 | € -56,120 | ▼ € 37,105 |
| Bank debt | € 203,889 | € 413,323 | € 469,867 | € 555,061 | ▲ 18% |
| Balance sheet total | € 282,458 | € 504,692 | € 527,673 | € 620,019 | ▲ 18% |
Key figures of Saga Invest, 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 Saga Invest?
What happened at Saga Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,105. Source: NBB ↗
- Daniel SAVOIA stepped down as director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,332 profit in 2022 to € 37,105 loss in 2025.
Paid € 13,556 in corporate taxes since 2022.
Best year ever: 2022, with € 24,332 profit.
A new publication or filing at Saga Invest? 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
Behind Saga Invest is Grégory GAGLIARDO. It owns 100% of BOULANGERIE-PATISSERIE NYSTEN itself.
Directors
According to the 2025 annual accounts
Grégory GAGLIARDO
Director
Also active at: BOULANGERIE - PATISSERIE NYSTEN, IMMOBILIERE GAGLIARDO GREGORY
Daniel SAVOIA
Director
· until 2026
Establishments
Establishment units
Physical locations of this company
Rue Voie des Vaux 162
4420 Saint-Nicolas
Rue Saint-Gilles 590
4000 Liège
Active since 20 April 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0766.941.683
- VAT number
- BE 0766.941.683
- Registered office
- Rue Voie des Vaux 162, 4420 Saint-Nicolas
- Names & denominations
- Saga Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 2021
- Peppol
- Active · Active since 13 Dec 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Handel in eigen onroerend goed
Restaureren van bouwwerken
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Vakantieverblijven en andere accommodatie voor kort verblijf, neg
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van terreinen
Gites, vakantiewoningen en -appartementen