S.A.T. CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of S.A.T. CONSTRUCT is 2.4% (moderate). The 2025 annual accounts show equity of €3k and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 4486 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+65
Solvency30▲+9
Growth32=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.03 against 0.98 in 2024; short-term debt: 94.9% and cash: 3.9% of total assets), and 94.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 4486 sector peers (2025).
NBB · sector comparisonPosition among 4486 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
6 d late
2024
27 d late
2023
20 d late
2022
28 d late
2021
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k
2024 · €-1k
2021: €10k
2022: €135
2023: €922
2024: €-1k
2021 → 2025
Total assets
€65k▲ 81.4%
2024 · €36k
2021: €28k
2022: €34k
2023: €40k
2024: €36k
2021 → 2025
Net result
€5k
2024 · €-2k
2021: €7k
2022: €-9k
2023: €787
2024: €-2k
2021 → 2025
Working capital
€2k
2024 · €-589
2021: €4k
2022: €-5k
2023: €-2k
2024: €-589
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€135▼ 98.6%€922▲ 584%€-1k€3k
Operating result€11k-€-8k€2k€-1k€5k
Net result€7k-€-9k€787€-2k€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5k after a loss of €1k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€1k ▼ 19.9%
Current assets
€64k ▲ 86.8%
Equity and liabilities €65k
Equity
€3k
Debt
€62k
Debt finances 94.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€7k▲
2024 · €149
Cash flow
€6k▲
2024 · €-632
Current ratio
1.03▲
2024 · 0.98
Quick ratio
0.83▲
2024 · 0.64
Debt to equity
18.69▲
2024 · -29.47
ROE
138.1%
ROA
7.0%▲
2024 · -6.1%
Interest coverage
10.00▲
2024 · 0.19
Debt ≤ 1 year
€62k▲
2024 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€36k€65k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€503▼
Furniture and vehicles24-€961
Current assets29/58€34k€64k▲
Stocks and contracts in progress3€12k€12k▲
Stocks30/36€12k€12k▲
Amounts receivable within one year40/41€21k€49k▲
Trade receivables40€834€4k▲
Other amounts receivable41€20k€44k▲
Cash at bank and in hand54/58€41€3k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€36k€65k▲
Equity10/15€-1k€3k▲
Contributions10/11€3k€3k=
Reserves13€7k€7k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-11k€-6k▲
Amounts payable17/49€37k€62k▲
Amounts payable after more than one year17€3k-
Other amounts payable178/9€3k-
Amounts payable within one year42/48€35k€62k▲
Trade debts44€14k€37k▲
Suppliers440/4€14k€37k▲
Taxes, remuneration and social security45€3k-
Remuneration and social security454/9€3k-
Other amounts payable47/48€18k€25k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€1k€9k▲
Operating profit (loss)9901€-1k€5k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€781€658▼
Recurring financial charges65€781€658▼
Profit (loss) for the period before taxes9903€-2k€5k▲
Profit (loss) for the period9904€-2k€5k▲
Profit (loss) for the period to be appropriated9905€-2k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-6k▲
Profit (loss) brought forward from the previous period14P€-9k€-11k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Back to profitnet €787
Net result €787 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €-9k ▼234%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Berloz · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de l'Eglise 164257 BerlozGround area
290 m²
Building footprint
286 m²
Parcel 64018B0138/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
S.A.T. CONSTRUCT
since 20202.308.723.427
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64018B0138/00L000 | Wallonia | 290 m² | 1 · 286 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DOMS Tuin- en grondwerken
BE 0805.472.162
Zemst · Eq €3,313
Wallens TuinConcept
BE 0768.363.724
Tienen · Eq €3,313
TUINEN MONTAUBAN
BE 1015.078.769
Gent · Eq €3,318
REDFOREST
BE 0871.373.368
Lasne · Eq €3,285
Brix
BE 0735.493.392
Beveren-Kruibeke-Zwijndrecht · Eq €3,343
Of 21,216 companies in sector 81300 we hold annual accounts for 4,362. 1,254 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.