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@SAT

Active
Private limited companyfounded 2004active for 21 yearsGroeningestraat(Kor) 3, 8500 Kortrijk, BelgiumKBO/BCE: BE 0870.707.632
Summary

@SAT has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €650,900 and a net result of €229,418. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 82% of 242 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of computer, electronic and optical products
NACE 26300Limited-service restaurants, excluding mobile food services NACE 56112
4 sites
Size
€1.1mtotal assets 2024
Staff
3.9 FTE
Equity
€650,900
Profit
€229,418
Turnover not published (micro format)
Financial health
97 Excellent Checked score 2024
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts 70 days overdue0 of 3 deeds read
Why 97raises riskLatest accounts 67 days late; 2 of the last 3 latelowers riskLiquidity: current ratio 5.10, cash €372,288Equity €753,456 (81.6% of total assets)Sector: Manufacture of computer, electronic and optical products (NACE 26)Show the evidence

Checked score

Score 2024
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 78% of its sector peers (NACE 26, micro)
Financial strength · tick = 2023
Strong
Solvency 83-17
equity 57.9% of total assets
Liquidity 80=
short-term debt 42.1% · cash 51.0%
Profitability 94-6
return on assets 20.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (446 companies, NACE 26, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025highest value 10-2025: 0.1%▼ -0.2 percentage points vs 09-2025 11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.13, compared with 5.87 in 2023; short-term debt: 42.1% and cash: 51% of total assets), and 42.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 26, micro): better than 60% on solvency, 78% on liquidity, 84% on profitability and 89% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 67 days late; 2 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 5.10, cash €372,288
NBB · annual accounts
lowers risk · Equity €753,456 (81.6% of total assets)
NBB · annual accounts
lowers risk · Sector: Manufacture of computer, electronic and optical products (NACE 26)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €650,900
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
56 days late
2023
30 days early
2022
22 days late
2021
75 days late
2020
26 days early
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 37 days after the deadline; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Highest result from 2018 to 2024net €229,418 ▲23.7%
  3. Equity above €500,000equity €650,900 ▲54.4%

Key points

  • Positive: Among the best 5% on equitysector median €50,365 · 242 companies €753,456 View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Positive: Equity rose in 2024from €421,482 to €650,900 ▲ 54.4% View

By topic

Financials

Financial year
2024
Total assets
€1.1m
Profit
€229,418
Solvency
57.9%
Total assets▲ 125%
Net result
20182024
Go to Financials

Timeline

Events
28
Since
2006
  1. 01-07-2024Annual accounts filed
  2. 22-08-2023Annual accounts filed
  3. 31-12-2022Equity above €200,000
Go to Timeline

Company details

Sites
4
Legal form
Private limited company
Activity
Manufacture of computer, electronic and optical productsNACE 26300
Founded
21-12-2004
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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