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 1 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SARGE R&D from Antwerpen, company number BE1005585538, closed financial year 2025 with a result of € -1.8 million after tax. For that financial year SARGE R&D recorded revenue of € 56,126 and equity of € -1.7 million. 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 29, 2026.
€ -1.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.8 million
Profit after tax over the fiscal year.
€ 112,804
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.8 million.
People and assets in 2025
3
Average over the fiscal year, from the social balance sheet.
€ 775,726
€ 258,600 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.
Debts at end 2025
€ 1.6 million
Loans from banks and other lenders, long and short.
€ 252,726
Supplier invoices still open on the last day of the fiscal year.
€ 86,508
Taxes, VAT and social contributions still to pay.
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What happened to SARGE R&D?
What happened at SARGE R&D in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.8 million. Source: NBB ↗
- Pieter-Jan Van Houdenhove became a director. NBB
- Ilyas Cem Özsuër became a director. NBB
- Furkan Çallialp became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
Paid € 184 in corporate taxes since 2025.
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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
The stake of SYNPET comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SARGE R&DBehind SARGE R&D are Ilyas Cem Özsuër , Furkan Çallialp and Pieter-Jan Van Houdenhove. The shares are held by SYNPET (100%).
Directors
According to the 2025 annual accounts
since 2024
since 2024
Pieter-Jan Van Houdenhove
Director
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Frankrijklei 5
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →The World Trade Center Association of Antwerp|Flanders
DE WAAG
€ 394 gross margin · 2025
TIME-MANAGE
€ 53,516 gross margin · 2025
E-CONSULT
€ -6,246 gross margin · 2025
ITECH
€ -14,475 gross margin · 2025
+16 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
- 1005.585.538
- VAT number
- BE 1005.585.538
- Registered office
- Frankrijklei 5, 2000 Antwerpen
- Names & denominations
- SARGE R&D
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2024
- Peppol
- Active · Active since 19 Aug 2026
- Activities · NACE
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