Sagora Analytics
For SME executives and finance managers

Decode the reality behind your numbers

Your accounts carry the imprint of your operating, investment and financing choices. Sagora puts these dimensions into perspective to bring out points of attention and levers for action. You gain a global, clear and accessible view of your situation, one that informs your decisions.

Analyses grounded in the methods taught at the Solvay Brussels School, enriched by the experience of finance practitioners.

No credit card required for the scan
Example

What does a Sagora Scan report look like?

A clear report, built from your annual accounts, that puts your operations, your investments and your financing into perspective and brings out the first points of attention to explore further.

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Sagora AnalyticsThe cash journey, decodedOpening2,29 M€Net change-1,86 M€Closing434 k€81% of opening cash consumed in one financial yearZiegler, 2024 accounts filed with the NBB · filed for bankruptcy in June 2026The signals were readable: see the report
The starting point

Your numbers have more to say than you imagine.

Few executives take the time to reread their annual accounts with an outside eye. Yet these numbers tell a story. They show how your business operates, how you invest, how you finance your growth and, above all, how these three dimensions interact.

“Behind the accounts lies a reality you need to know how to read, explain and put into perspective.”
Our offers

An offer suited to every need

Sagora Scan and Sagora Direct answer the same question: where does your financial health stand? The Scan gives a first reading based on your filed annual accounts, while Direct deepens the analysis using your most recent internal accounts. Benchmark opens another perspective by positioning your company against its competitors and making sense of performance gaps. Direct and Benchmark each include two interviews with a financial analyst: one to adapt the analysis to your business model, the other to interpret the results and prioritise the levers for action.

Free

Sagora Scan

Spot your first points of attention by connecting your operating, investment and financing policies.
  • Public NBB accounts
  • No credit card required
  • Delivered within 3 working days
See the full offer
“Whether you have a specific question in mind or are simply curious about where your company stands, Sagora Scan gives you a first analysis of your financial health, based on your annual accounts.”
What you receive
  • The interactions between your operating, investment and financing policies
  • Points of attention and concrete avenues to explore further
  • All of it based on the annual accounts you have already filed
  • A clear, visual presentation, with a comment for every key figure
How it works
  1. 1.Enter your company number (CBE)
  2. 2.Sagora retrieves your accounts from the National Bank of Belgium
  3. 3.You receive your report by email within 3 working days
Data
Accounts filed with the NBB
Interviews
Not included
To go further, discover Sagora Direct, a diagnosis based on your most recent internal accounts and completed by two interviews with a financial analyst.
€849 excl. VAT

Sagora Direct

Get a complete diagnosis based on your most recent internal accounts and benefit from two conversations with a financial analyst: the first to understand your business model and validate the assumptions of the analysis with you, the second to interpret the results and prioritise the levers for action.
  • Your most recent internal accounts
  • 2 interviews with a financial analyst included
  • Report within 3 working days after scoping
See the full offer
“Your cash position tightens while everything seems fine? Sagora Direct draws on your most recent internal accounts to build a complete diagnosis and bring out concrete levers for action.”
What you receive
  • An analysis of the interactions between operations, investment and financing
  • Your most recent internal accounts, without the lag of filed accounts
  • A scoping interview, to validate your assumptions against your business model
  • A debrief interview, to interpret the results and prioritise the levers for action
  • A clear, visual presentation, with comments on the main indicators
  • Everything you need to arrive prepared at your next general meeting
How it works
  1. 1.You share your internal accounts securely
  2. 2.Scoping interview, to validate your assumptions against your business model
  3. 3.A financial analyst completes your diagnosis within 3 working days after the scoping interview
  4. 4.Debrief interview, to interpret the results and prioritise the levers for action
The impact, in one decision
A better-calibrated hire, a cash squeeze detected earlier, a margin better understood, a general meeting better prepared: One better-informed decision can already make a real difference.
Data
Your most recent internal accounts
Interviews
2 included
To see where your company stands against its competitors, discover Sagora Benchmark.
On request

Sagora Benchmark

See where your company stands against competitors selected with you, on margin, costs, growth and cash. Two interviews with a financial analyst frame the analysis: first to validate the assumptions against your business model, then to interpret the gaps and prioritise the levers for action.
  • 2 interviews with a financial analyst included
  • Competitors and price defined during the scoping interview
See the full offer
“You never really know where you stand without a point of comparison. Sagora positions your company against its direct competitors, on margin, costs, growth and cash.”
Competitors and price defined together, on request.
What you receive
  • A scoping interview, to validate your assumptions against your business model
  • A comparison with competitors selected with you during the scoping interview
  • The gaps that matter against your direct competitors
  • A debrief interview, to interpret the gaps and prioritise the levers for action
  • Clear charts, with a comment for every gap that matters
How it works
  1. 1.You book an interview
  2. 2.Scoping interview: together you define the competitors, the price and your assumptions about your business model
  3. 3.Sagora builds the comparison on the key indicators
  4. 4.Debrief interview, to interpret the gaps and prioritise the levers for action
Data
Your annual accounts and those of your competitors, filed with the NBB
Interviews
2 included
To go further, talk about a consulting engagement with a financial analyst.
Comparison of the three Sagora Analytics offers
CriterionSagora ScanSagora DirectSagora Benchmark
PriceFree€849 excl. VATOn request
Accounts filed with the NBBIncludedNot includedIncluded
The company's internal accountsNot includedIncludedNot included
Comparison with competitorsNot includedNot includedIncluded
Interactions between operations, investment and financingIncludedIncludedIncluded
Points of attention and avenues to explore furtherIncludedIncludedIncluded
Levers for action analysed and prioritisedNot includedIncludedIncluded
Analysis personalised to your companyNot includedIncludedIncluded
Support to prepare your general meetingNot includedIncludedNot included
Scoping interview, validation of assumptionsNot includedIncludedIncluded
Debrief interview, interpretation and prioritisation of the leversNot includedIncludedIncluded
Our approach

An analysis that connects rather than stacks

Three distinct dimensions

Distinguish operations, investment and financing.

Interactions, not isolated figures

Highlight the interactions between the different dimensions rather than analysing each figure separately.

Always geared towards action

Bring out points of attention and concrete levers for action.
“The goal is not to deliver a simple financial health score, but a clear view of the company's real situation, one that opens the way to deeper questions.”
Your report is analysed and validated by a Sagora financial analyst before it is sent. For Sagora Direct and Sagora Benchmark, a scoping interview precedes the analysis and a debrief interview extends it: the first adapts the analysis to the company's business model; the second interprets the results and identifies the levers to activate first.
The process

How it works

You provide the necessary information

Depending on the offer, you enter your CBE number, share your internal accounts or request an interview to define your comparison.

Your report is analysed and validated

By a Sagora financial analyst, within a few working days.

You receive your report

For Sagora Direct and Sagora Benchmark, a scoping interview precedes the analysis and a debrief interview extends it: the first adapts the analysis to the company's business model; the second interprets the results and identifies the levers to activate first.
Who it is for

For executives, first and foremost

A financial health diagnosis is not just for difficult times: it informs upcoming decisions and supports the day-to-day management of the company.

A financing decisionA cash squeezeA transfer or sale of the businessA general meeting to prepare
Sagora also serves

Accountants and accounting firms

Offer a financial health analysis to all of their clients.

Investors, buyers and M&A professionals

Pre-screen a target and prepare the questions to ask its executive before engaging a full due diligence.
FAQ

Frequently asked questions

What is the difference between Sagora Scan and Sagora Direct?

Sagora Scan and Sagora Direct answer the same question. What is the financial health of your company? Sagora Scan provides a first free reading based on the accounts already filed. Sagora Direct offers a complete diagnosis based on your most recent internal accounts and includes two interviews with a financial analyst.

Are the interviews included in Sagora Scan?

No. The two interviews with a financial analyst, one for scoping and one for the debrief, are reserved for Sagora Direct and Sagora Benchmark.

Where does the data come from?

Sagora Scan relies on the accounts filed with the National Bank of Belgium. Sagora Direct relies on your most recent internal accounts. Sagora Benchmark compares your accounts filed with the National Bank of Belgium with those of your competitors, available from the same source.

Who analyses the report?

Your report is analysed and validated by a Sagora financial analyst before it is sent.

My company is in Luxembourg, can I benefit from it?

Sagora Scan and Sagora Benchmark currently serve Belgian companies, as these offers rely on data from the National Bank of Belgium. For a Luxembourg company, contact us to explore what can be analysed from your internal documents.

What happens after Sagora Scan?

You receive a first reading of your accounts, with points of attention and concrete avenues to explore further. You remain free to stop there or to continue with Sagora Direct for a complete diagnosis.

“Beyond the numbers, the diagnosis reveals the dynamics shaping your financial health and turns its lessons into priorities for action.”
Check my financial health for free →Discover Sagora DirectDiscover Sagora Benchmark