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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
SAGAX from Gent, company number BE0806945572, closed financial year 2026 with a result of € 287,266 after tax. For that financial year SAGAX recorded a gross margin of € 422,803 and equity of € 451,808. Compared with financial year 2025, the result moved from € 31,401 to € 287,266. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ 451,808
▲ 6% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 287,266
▲ € 255,866 vs 2025
Profit after tax over the fiscal year.
€ 511,039
▲ € 429,306 vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 259,885 paid out
90 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
€ 53,480
▼ 36% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 1,340
Supplier invoices still open on the last day of the fiscal year.
€ 48,583
▲ € 44,653 vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 132,809 | € 132,586 | € 78,506 | € 422,803 | ▲ € 344,297 |
| Profit after taxes | € 59,347 | € 79,322 | € 31,401 | € 287,266 | ▲ € 255,866 |
| Equity | € 523,109 | € 602,432 | € 424,427 | € 451,808 | ▲ 6% |
| Total debts | € 115,960 | € 27,504 | € 112,846 | € 116,024 | ▲ 3% |
| Cash | € 80,332 | € 101,229 | € 81,733 | € 511,039 | ▲ € 429,306 |
| Retained profit | € 510,709 | € 590,032 | € 412,027 | € 439,408 | ▲ 7% |
| Dividend | € 104,402 | € 0 | € 209,406 | € 259,885 | ▲ 24% |
| Balance sheet total | € 639,069 | € 629,936 | € 537,273 | € 567,832 | ▲ 6% |
Key figures of SAGAX, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to SAGAX?
What happened at SAGAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 287,266 (▲ € 255,866 vs 2025). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
In short
From € 59,347 profit in 2023 to € 287,266 profit in 2026.
Paid € 217,487 in corporate taxes since 2023.
Best year ever: 2026, with € 287,266 profit.
Paid out € 573,692 in dividends to the owners in total.
Management
Behind SAGAX is Stefan MAERTEN.
Directors
According to the 2026 annual accounts
Stefan MAERTEN
Director
Establishments
Establishment units
Physical locations of this company
Ewald Delbaerestraat 12
9051 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Maerten, Stefan Joris Franciscus(oprichter) 100%
Details
- Company number
- 0806.945.572
- VAT number
- BE 0806.945.572
- Registered office
- Ewald Delbaerestraat 12, 9051 Gent
- Names & denominations
- SAGAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 October 2008
- Peppol
- Not registered