ACTIVE

SAGICO

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Financial year 2026 · closed on 31/03/2026

Net result

180,4 k €

+94.0% YoY

Gross margin

112,2 k €

+249.4% YoY

Equity

1,7 M €

+12.1% YoY

What does SAGICO do?

SAGICO is a Private limited company incorporated in 2005. Its registered office is in Zaventem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0874.684.830

Incorporation

24/06/2005

Legal form

Private limited company

Registered office

Lenneke Marelaan 6
1932 Zaventem · FlandreSee on map

Contributed capital

388 200,00 €

Latest accounts

31/03/2026

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2026		2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	112,2 k €	+249%	32,1 k €	-64.0%	89,2 k €	-38.8%	145,8 k €	+178%	52,4 k €	+191%	18 k €	-84.8%	118,6 k €	-35.1%	182,8 k €	+59.7%	114,5 k €	-40.4%	192,1 k €	-10.5%	214,6 k €	-5.1%	226,2 k €	-28.5%	316,4 k €	-25.7%	425,5 k €	-1.1%	430 k €	-15.8%	510,8 k €	+19.9%	426,1 k €	+111%	202 k €	-4.7%	212,1 k €
EBITDA	111,2 k €	+257%	31,1 k €	-64.7%	88,2 k €	-39.1%	144,8 k €	+181%	51,5 k €	+201%	17,1 k €	-88.2%	145,4 k €	-27.7%	201 k €	+53.3%	131,1 k €	+32.8%	98,7 k €	+29.2%	76,4 k €	+9.8%	69,6 k €	-59.2%	170,8 k €	-21.9%	218,8 k €	-23.0%	284,2 k €	-11.0%	319,4 k €	+6.1%	300,9 k €	+128%	132,1 k €	+16.2%	113,6 k €
Operating result	111,2 k €	+257%	31,1 k €	-64.7%	88,2 k €	-39.1%	144,8 k €	+181%	51,5 k €	+201%	17,1 k €	-88.2%	145,2 k €	-27.6%	200,5 k €	+53.5%	130,6 k €	+32.7%	98,5 k €	+29.3%	76,1 k €	+9.8%	69,3 k €	-59.2%	170 k €	-21.9%	217,7 k €	-22.9%	282,3 k €	-11.2%	318,1 k €	+6.2%	299,6 k €	+127%	131,9 k €	+16.1%	113,6 k €
Net result	180,4 k €	+94.0%	93 k €	-49.4%	183,8 k €	-34.6%	281,2 k €	+90.2%	147,9 k €	+2918%	4,9 k €	-54.6%	10,8 k €	-93.9%	176,7 k €	+34.7%	131,2 k €	+126%	58,1 k €	+32.9%	43,7 k €	+503%	-10,8 k €	-404%	-2,1 k €	-108%	28,4 k €	-64.0%	78,9 k €	+352%	-31,3 k €	-217%	26,8 k €	+0.6%	26,6 k €	+33.8%	19,9 k €
Balance sheet
Equity	1,7 M €	+12.1%	1,5 M €	+3.0%	1,4 M €	+14.6%	1,3 M €	+28.7%	978,6 k €	+18.6%	824,8 k €	+0.6%	819,9 k €	-1.5%	832,2 k €	-12.9%	955,5 k €	-15.0%	1,1 M €	+5.4%	1,1 M €	+4.3%	1 M €	+666%	133,4 k €	-1.6%	135,6 k €	+26.5%	107,1 k €	+122%	48,2 k €	-39.4%	79,6 k €	+50.8%	52,8 k €	+102%	26,1 k €
Total assets	1,9 M €	-1.9%	1,9 M €	+0.7%	1,9 M €	+0.7%	1,9 M €	-0.2%	1,9 M €	-2.1%	2 M €	-2.8%	2 M €	-1.7%	2,1 M €	+3.2%	2 M €	-2.6%	2 M €	-0.1%	2 M €	+2.3%	2 M €	-2.7%	2,1 M €	-0.2%	2,1 M €	-5.2%	2,2 M €	+5.4%	2,1 M €	-31.0%	3 M €	+159%	1,2 M €	+64.7%	701 k €
Cash	24 k €	-36.6%	37,9 k €	+1.2%	37,4 k €	+2.1%	36,6 k €	+15.0%	31,9 k €	+7.2%	29,7 k €	-77.1%	129,7 k €	-20.2%	162,7 k €	+44.4%	112,7 k €	+45.9%	77,2 k €	-6.2%	82,3 k €	-17.7%	100 k €	+79.7%	55,7 k €	-22.6%	71,9 k €	-61.8%	188,1 k €	+96.2%	95,9 k €	-2.3%	98,1 k €	+94.4%	50,4 k €	+189%	17,4 k €
Debts	238,7 k €	-47.8%	457 k €	-6.2%	487,1 k €	-26.0%	658 k €	-30.2%	942,6 k €	-17.2%	1,1 M €	-5.1%	1,2 M €	+211%	385,3 k €	+115%	179,5 k €	+285%	46,6 k €	-48.1%	89,7 k €	+4.1%	86,2 k €	-91.5%	1 M €	+2680%	36,5 k €	-83.5%	221,8 k €	+59.5%	139,1 k €	+84.1%	75,5 k €	+76.7%	42,7 k €	+37.9%	31 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		0,8 ETP	-20.0%	1,0 ETP	-33.3%	1,5 ETP	-16.7%	1,8 ETP	-21.7%	2,3 ETP	+9.5%	2,1 ETP	-16.0%	2,5 ETP	+47.1%	1,7 ETP	+183%	0,6 ETP	0.0%	0,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2026 · 1 active · 3 ended

Active mandates

Stephen Rifflart

Managing director · since 21 juin 2005

Active

Ended mandates

Stephen Rifflart

Director · since 21 juin 2005

Ended

Stephen Rifflart

Director

Ended

Stephen Rifflart

Manager

Ended

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Annual accounts

Full financial information

	2026	2025	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/09/2026	15/09/2025	12/09/2024	20/09/2023	22/09/2022	20/10/2021
General meeting	04/09/2026	05/09/2025	06/09/2024	01/09/2023	02/09/2022	03/09/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2026	04/09/2026	17/09/2026	Dutch	PDF
Abridged model	31/03/2025	05/09/2025	15/09/2025	Dutch	PDF
Abridged model	31/03/2024	06/09/2024	12/09/2024	Dutch	PDF
Abridged model	31/03/2023	01/09/2023	20/09/2023	Dutch	PDF
Abridged model	31/03/2022	02/09/2022	22/09/2022	French	PDF
Abridged model	31/03/2021	03/09/2021	20/10/2021	French	PDF
Abridged model	31/03/2020	04/09/2020	19/09/2020	French	PDF
Abridged model	31/03/2019	06/09/2019	12/09/2019	French	PDF
Abridged model	31/03/2018	07/09/2018	21/09/2018	French	PDF
Abridged model	31/03/2017	01/09/2017	21/09/2017	French	PDF
Abridged model	31/03/2016	02/09/2016	27/09/2016	French	PDF
Abridged model	31/03/2015	04/09/2015	25/09/2015	French	PDF
Abridged model	31/03/2014	05/09/2014	23/09/2014	French	PDF
Abridged model	31/03/2013	06/09/2013	28/10/2013	French	PDF
Abridged model	31/03/2012	07/09/2012	09/11/2012	French	PDF
Abridged model	31/03/2011	02/09/2011	10/11/2011	French	PDF
Abridged model	31/03/2010	03/09/2010	29/10/2010	French	PDF
Abridged model	31/03/2009	04/09/2009	12/10/2009	French	PDF
Abridged model	31/03/2008	05/09/2008	26/11/2008	French	PDF
Abridged model	31/03/2007	07/09/2007	05/10/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/03/2026 · 1 active · 3 ended

Active mandates

Stephen Rifflart

Managing director · since 21 juin 2005

Active

Ended mandates

Stephen Rifflart

Director · since 21 juin 2005

Ended

Stephen Rifflart

Director

Ended

Stephen Rifflart

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/03/2023
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS
PDF
Registered office03/03/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL
PDF
Capital / shares16/01/2019
CAPITAL, ACTIONS
PDF
Capital / shares11/05/2018
CAPITAL, ACTIONS - DIVERS
PDF
Capital / shares04/01/2018
CAPITAL, ACTIONS
PDF
Mandates08/07/2016
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares05/05/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates08/01/2013
DEMISSIONS, NOMINATIONS
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

2026
Annual accounts 2026180,4 k €↑
2025
Annual accounts 202593 k €↓
2024
Annual accounts 2024183,8 k €↓
2023
Annual accounts 2023281,2 k €↑
2022
Annual accounts 2022147,9 k €↑
2020
Annual accounts 20204,9 k €↓
2019
Annual accounts 201910,8 k €↓
2018
Annual accounts 2018176,7 k €↑
2017
Annual accounts 2017131,2 k €↑
2016
Annual accounts 201658,1 k €↑
2015
Annual accounts 201543,7 k €↑
2014
Annual accounts 2014-10,8 k €↓
2013
Annual accounts 2013-2,1 k €↓
2012
Annual accounts 201228,4 k €↓
2011
Annual accounts 201178,9 k €↑
2010
Annual accounts 2010-31,3 k €↓
2009
Annual accounts 200926,8 k €↑
2008
Annual accounts 200826,6 k €↑
2007
Annual accounts 200719,9 k €
24/06/2005
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

SAGICO

Overview

What does SAGICO do?

Trend over 19 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