Satco
ActiveSummary
Satco has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100 and a net result of €41k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency25=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.2%
Return on assets
75.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 31694 sector peers (2025).
NBB · sector comparisonPosition among 31694 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-02-2026, 165 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
165 d early
2024
94 d early
2023
47 d early
2022
34 d early
2021
31 d early
2020
29 d early
← 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
€100=
2024 · €100
2020: €-1k
2021: €35k
2022: €71k
2023: €100
2024: €100
2020 → 2025
Total assets
€54k▼ 8.8%
2024 · €59k
2020: €14k
2021: €55k
2022: €100k
2023: €54k
2024: €59k
2020 → 2025
Net result
€41k▼ 12.0%
2024 · €46k
2020: €-2k
2021: €36k
2022: €36k
2023: €41k
2024: €46k
2020 → 2025
Working capital
€-3k▲ 47.7%
2024 · €-5k
2020: €-14k
2021: €33k
2022: €70k
2023: €-851
2024: €-5k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€71k▲ 103%€100▼ 99.9%€100=€100=
Operating result€47k-€46k▼ 3.0%€52k▲ 11.9%€59k▲ 14.2%€53k▼ 10.6%
Net result€36k-€36k▼ 0.5%€41k▲ 12.2%€46k▲ 14.0%€41k▼ 12.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54k
Fixed assets
€4k ▼ 34.4%
Current assets
€50k ▼ 6.1%
Equity and liabilities €54k
Equity
€100 =
Debt
€54k ▼ 8.8%
Debt's share of the balance-sheet total stays at 99.8%.
Key figures and ratios
EBITDA
€54k▼
2024 · €59k
Cash flow
€42k▼
2024 · €47k
Current ratio
0.95▲
2024 · 0.91
ROA
75.5%▼
2024 · 78.3%
Interest coverage
60.68▼
2024 · 294.82
Debt ≤ 1 year
€53k▼
2024 · €59k
Income taxes
€11k▼
2024 · €12k
Equity ratios withheld: equity of €100 is too small for a meaningful ratio.
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€59k€54k▼
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Furniture and vehicles24€6k€4k▼
Current assets29/58€54k€50k▼
Amounts receivable within one year40/41€14k€20k▲
Trade receivables40€14k€19k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€37k€26k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€59k€54k▼
Equity10/15€100€100=
Contributions10/11€100€100=
Amounts payable17/49€59k€54k▼
Amounts payable within one year42/48€59k€53k▼
Trade debts44€10€290▲
Suppliers440/4€10€290▲
Taxes, remuneration and social security45€10k€9k▼
Taxes450/3€10k€9k▼
Other amounts payable47/48€49k€44k▼
Accrued charges and deferred income492/3€300€856▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€242€1k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€61k€57k▼
Operating profit (loss)9901€59k€53k▼
Financial income75/76B€5€4▼
Recurring financial income75€5€4▼
Financial charges65/66B€201€886▲
Recurring financial charges65€201€886▲
Profit (loss) for the period before taxes9903€59k€52k▼
Income taxes67/77€12k€11k▼
Profit (loss) for the period9904€46k€41k▼
Profit (loss) for the period to be appropriated9905€46k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€41k▼
Profit to be distributed694/7€46k€41k▼
Return on contributions (dividend)694€46k€41k▼
The notes to these accounts (7 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
16-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €46k ▲14%
Operating result €59k, net result €46k, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
31-12
Financial
Liquidity times 27current ratio 2.64
Current ratio from 0.10 to 2.64.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
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, Herent · 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.
Tildonksesteenweg 543020 HerentGround area
1,151 m²
Building footprint
101 m²
Volume, LiDAR
750 m³
Parcel 24422F0393/00G000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tildonksesteenweg 54, 3020 Herent
since 20202.311.059.939
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24422F0393/00G000 | Flanders | 1,151 m² | 1 · 101 m² | 11.3 m · 2 fl. |
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
Mech & Co
BE 0635.671.583
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INVOCATION
BE 0635.703.752
Bonheiden · Eq €100
WE CAN BE HEROES
BE 0644.536.294
Watermaal-Bosvoorde · Eq €100
JBO MANAGEMENT
BE 0669.871.706
Chaudfontaine · Eq €100
HAWK-I CONSULTING
BE 0675.403.674
Kortenberg · Eq €100
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 651 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
Founded09-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.