ACTIVE

SAGA (SRL)

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Financial year 2025 · closed on 31/12/2025

Net result

1,6 k €

-99.1% YoY

Gross margin

129,9 k €

-62.8% YoY

Equity

969,5 k €

-26.6% YoY

What does SAGA do?

SAGA is a Private limited company incorporated in 2015. Its registered office is in Saint-Josse-ten-Noode.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0643.780.387

Incorporation

02/12/2015

Legal form

Private limited company

Registered office

Square Victoria Régina 1
1210 Saint-Josse-ten-Noode · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	129,9 k €	-62.8%	349,6 k €	+0.7%	347,1 k €	+2.2%	339,8 k €	-18.8%	418,4 k €	-35.5%	649 k €	-2.5%	665,5 k €	+7.4%	619,7 k €	+94.7%	318,3 k €
EBITDA	114,6 k €	-66.4%	341,1 k €	+3.0%	331,1 k €	-1.0%	334,4 k €	-19.3%	414,6 k €	-35.6%	644,1 k €	-2.7%	661,8 k €	+8.4%	610,7 k €	+104%	299 k €
Operating result	8,1 k €	-96.6%	237,5 k €	+2.2%	232,4 k €	-6.0%	247,1 k €	-29.8%	352 k €	-41.2%	599 k €	-1.0%	604,9 k €	+11.6%	541,9 k €	+106%	262,7 k €
Net result	1,6 k €	-99.1%	175,3 k €	+3.7%	169,1 k €	-12.7%	193,7 k €	-36.2%	303,7 k €	-31.1%	440,9 k €	+3.9%	424,2 k €	+10.5%	383,9 k €	+138%	161,2 k €
Balance sheet
Equity	969,5 k €	-26.6%	1,3 M €	+15.3%	1,1 M €	+6.4%	1,1 M €	+9.5%	982,8 k €	+26.1%	779,1 k €	+35.8%	573,5 k €	+2.2%	561,3 k €	+216%	177,5 k €
Total assets	1,6 M €	-8.2%	1,8 M €	-20.7%	2,2 M €	+25.0%	1,8 M €	+1.4%	1,8 M €	-0.4%	1,8 M €	+43.4%	1,2 M €	+45.3%	853,4 k €	+65.3%	516,4 k €
Cash	1,6 k €	+297%	397,7 €	-99.9%	565,7 k €	+677%	72,8 k €	-71.6%	256,6 k €	-61.3%	662,1 k €	+33.1%	497,5 k €	+247%	143,5 k €	+78.2%	80,5 k €
Debts	660,4 k €	+44.7%	456,5 k €	-40.0%	760,7 k €	+5.6%	720,2 k €	-8.7%	788,5 k €	-21.1%	998,8 k €	+49.9%	666,4 k €	+128%	292,1 k €	-13.8%	338,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Adrian Glatt

Director · since 08 mars 2017

Active

Liesbeth Saerens

Director · since 04 décembre 2015

Active

Ended mandates

Adrian Glatt

Manager · since 08 février 2017

Ended

Liesbeth Saerens

Manager · since 01 décembre 2015

Ended

Adrian Glatt

Director

Ended

Adrian Glatt

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/06/2026	17/06/2025	19/08/2024	24/08/2023	26/07/2022	05/07/2021
General meeting	20/05/2026	15/05/2025	29/06/2024	24/06/2023	25/06/2022	26/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	20/05/2026	16/06/2026	Dutch	PDF
Micro model	31/12/2024	15/05/2025	17/06/2025	Dutch	PDF
Micro model	31/12/2023	29/06/2024	19/08/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	24/08/2023	Dutch	PDF
Abridged model	31/12/2021	25/06/2022	26/07/2022	Dutch	PDF
Abridged model	31/12/2020	26/06/2021	05/07/2021	Dutch	PDF
Abridged model	31/12/2019	27/06/2020	29/06/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	11/07/2019	Dutch	PDF
Micro model	31/12/2017	31/07/2018	16/08/2018	Dutch	PDF
Abridged model	31/12/2016	31/07/2017	14/08/2017	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Adrian Glatt

Director · since 08 mars 2017

Active

Liesbeth Saerens

Director · since 04 décembre 2015

Active

Ended mandates

Adrian Glatt

Manager · since 08 février 2017

Ended

Liesbeth Saerens

Manager · since 01 décembre 2015

Ended

Adrian Glatt

Director

Ended

Adrian Glatt

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office24/07/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates22/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/03/2017
BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Other04/12/2015
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20251,6 k €↓
2024
Annual accounts 2024175,3 k €↑
2023
Annual accounts 2023169,1 k €↓
2022
Annual accounts 2022193,7 k €↓
2021
Annual accounts 2021303,7 k €↓
2020
Annual accounts 2020440,9 k €↑
2019
Annual accounts 2019424,2 k €↑
2018
Annual accounts 2018383,9 k €↑
2017
Annual accounts 2017161,2 k €
02/12/2015
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SAGA (SRL)

Overview

What does SAGA do?

Trend over 9 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline