ACTIVE

SAIS

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Financial year 2025 · closed on 30/09/2025
Net result
-81,1 k €
-182.2% YoY
Gross margin
-78,1 k €
-144.9% YoY
Equity
539,3 k €
-13.1% YoY
Workforce
0,0 ETP

What does SAIS do?

SAIS is a Private limited company incorporated in 2008. Its main activity is: Building completion and finishing. Its registered office is in Oostende.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0896.243.673
Incorporation
03/03/2008
Legal form
Private limited company
Registered office
Vaartdijk-Noord 3 A
8400 Oostende · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Activities (NACE)
43350Building completion and finishing· main43390Other building completion and finishing43320Joinery installation43320Joinery installation43410Specialised construction activities43910Roofing activities+4
Joint committees (1)
  • 20000
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020182017201620152014201320122011
Income statement
Gross margin-78,1 k €174,2 k €-244,3 k €81 k €839,1 k €781 k €175,5 k €198,8 k €166,2 k €182,3 k €52,2 k €12,3 k €-2,7 k €–
EBITDA-84,9 k €141,8 k €-295,1 k €56 k €648,8 k €654,8 k €150,6 k €186,1 k €87,2 k €113,4 k €14 k €9,9 k €-3,5 k €–
Operating result-87,9 k €138,9 k €-330,9 k €28,2 k €634,2 k €626 k €62,7 k €150,1 k €50,3 k €98,6 k €2,3 k €9,9 k €-6,5 k €–
Net result-81,1 k €98,7 k €-374,9 k €6,4 k €455 k €356,1 k €24,3 k €90,9 k €30 k €67,8 k €1,4 k €7,9 k €-6,8 k €–
Balance sheet
Equity539,3 k €620,4 k €521,7 k €896,6 k €890,2 k €585,2 k €229,1 k €204,8 k €113,9 k €83,9 k €21,1 k €19,7 k €11,8 k €18,6 k €
Total assets1,2 M €1,8 M €2,2 M €2,4 M €2,2 M €2,1 M €1,5 M €566,8 k €484,4 k €301,2 k €286,7 k €56,7 k €34 k €18,6 k €
Cash304,2 €95,5 k €6,8 k €147,2 k €358,2 k €20,8 k €30,8 k €825,1 €7,8 k €12 k €4,1 k €2,7 k €354,4 €18,6 k €
Debts603,6 k €1,1 M €1,6 M €1,4 M €1,2 M €1,5 M €1,2 M €362 k €370,5 k €217,3 k €265,6 k €36,4 k €22,2 k €–
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,0 ETP0,2 ETP––––0,9 ETP1,0 ETP–––
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 30/09/2025 · 2 active · 9 ended

Active mandates

RS5

Director · since 22 mai 2019 · 0717.656.874

Represented by Rudolf Isakhanyan

Active
Svetlana Isakhanyan

Director

Active

Ended mandates

RS5

Director · since 22 mai 2019 · 0717.656.874

Represented by Rudolf ISAKHANYAN

Ended
RS5

Director · since 22 mai 2019 · 0717.656.874

Represented by Rudolf ISAKHANYAN

Ended
RS5

Manager · since 22 mai 2019 · 0717.656.874

Represented by Rudolf ISAKHANYAN

Ended
Rudolf ISAKHANYAN

Manager · since 01 avril 2014 · until 22 mai 2019

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/01/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months21 months
Filing date29/04/202625/04/202523/04/202428/04/202331/01/202226/04/2021
General meeting31/03/202631/03/202531/03/202431/03/202331/12/202131/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202531/03/202629/04/2026DutchPDF
Abridged model30/09/202431/03/202525/04/2025DutchPDF
Abridged model30/09/202331/03/202423/04/2024DutchPDF
Abridged model30/09/202231/03/202328/04/2023DutchPDF
Abridged model30/09/202131/12/202131/01/2022DutchPDF
Abridged model30/09/202031/03/202126/04/2021DutchPDF
Abridged model31/12/201830/06/201930/08/2019DutchPDF
Micro model31/12/201730/06/201831/07/2018DutchPDF
Micro model31/12/201630/06/201727/07/2017DutchPDF
Abridged model31/12/201528/04/201619/05/2016DutchPDF
Abridged model31/12/201415/06/201530/06/2015DutchPDF
Abridged model31/12/201303/03/201407/03/2014DutchPDF
Abridged model31/12/201217/06/201308/07/2013DutchPDF
Abridged model31/12/201130/06/201226/07/2012DutchPDF
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 30/09/2025 · 2 active · 9 ended

Active mandates

RS5

Director · since 22 mai 2019 · 0717.656.874

Represented by Rudolf Isakhanyan

Active
Svetlana Isakhanyan

Director

Active

Ended mandates

RS5

Director · since 22 mai 2019 · 0717.656.874

Represented by Rudolf ISAKHANYAN

Ended
RS5

Director · since 22 mai 2019 · 0717.656.874

Represented by Rudolf ISAKHANYAN

Ended
RS5

Manager · since 22 mai 2019 · 0717.656.874

Represented by Rudolf ISAKHANYAN

Ended
Rudolf ISAKHANYAN

Manager · since 01 avril 2014 · until 22 mai 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office14/10/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/01/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates05/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/11/2014
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates09/05/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/01/2013
    MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office02/02/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other17/03/2008
    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

Timeline

  1. 2025
    Annual accounts 2025-81,1 k €↓
  2. 2024
    Annual accounts 202498,7 k €↑
  3. 2023
    Annual accounts 2023-374,9 k €↓
  4. 2022
    Annual accounts 20226,4 k €↓
  5. 2021
    Annual accounts 2021455 k €↑
  6. 2020
    Annual accounts 2020356,1 k €↑
  7. 2018
    Annual accounts 201824,3 k €↓
  8. 2017
    Annual accounts 201790,9 k €↑
  9. 2016
    Annual accounts 201630 k €↓
  10. 2015
    Annual accounts 201567,8 k €↑
  11. 2014
    Annual accounts 20141,4 k €↓
  12. 2013
    Annual accounts 20137,9 k €↑
  13. 2012
    Annual accounts 2012-6,8 k €
  14. 2011
    Annual accounts 2011
  15. 03/03/2008
    IncorporationPrivate limited company