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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Busy address KBO
35 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
SAGE & CO from Brussel, company number BE0841302873, closed financial year 2024 with a result of € 21,379 after tax. For that financial year SAGE & CO recorded a gross margin of € 102,999 and equity of € 8,675. Compared with financial year 2023, the result moved from € -17,574 to € 21,379. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 27, 2025.
€ 8,675
▲ € 21,379 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,379
▲ still € 17,574 loss in 2023
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -3,725.
People and assets in 2024
3
Average over the fiscal year, from the social balance sheet.
€ 71,819
▲ 41% vs 2023
€ 23,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,095
▼ 36% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1,763
▼ 78% vs 2023
Loans from banks and other lenders, long and short.
€ 10,550
▼ 79% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 39,455
▲ € 29,683 vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 35,432 | € 61,279 | € 42,859 | € 102,999 | ▲ 140% |
| Profit after taxes | € -32,961 | € 22,079 | € -17,574 | € 21,379 | ▲ € 38,953 |
| Equity | € -17,209 | € 4,870 | € -12,704 | € 8,675 | ▲ € 21,379 |
| Total debts | € 65,498 | € 36,218 | € 76,511 | € 60,768 | ▼ 21% |
| Retained profit | € -29,609 | € -7,530 | € -25,104 | € -3,725 | ▲ € 21,379 |
| Bank debt | € 4,414 | € 232 | € 7,915 | € 1,763 | ▼ 78% |
| Balance sheet total | € 48,289 | € 41,088 | € 63,807 | € 69,443 | ▲ 9% |
| Employees (FTE) | 1.3 | 2.4 | - | 3 |
Key figures of SAGE & CO, 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 30 April 2026.
What happened to SAGE & CO?
What happened at SAGE & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SAGE & CO is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 21,379. filed late Source: NBB ↗
- Ercul Volkan became a director. NBB
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,961 loss in 2021 to € 21,379 profit in 2024.
Paid € 17,262 in corporate taxes since 2021.
Best year ever: 2022, with € 22,079 profit.
On average € 34,300 of value added per employee in 2024.
Management
Behind SAGE & CO is Ercul Volkan. The shares are held by Ercul Volkan.
Directors
According to the 2024 annual accounts
since 2024
Shareholders
Ercul Volkan · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Negende Linielaan 35
1000 Brussel
Artanstraat 54
1030 Schaarbeek
Active since 1 May 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 35 companies are registered at this address.
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€ 112,163 revenue · 2024
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+30 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
- 0841.302.873
- VAT number
- BE 0841.302.873
- Registered office
- Negende Linielaan 35, 1000 Brussel
- Names & denominations
- SAGE & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 24 November 2011
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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