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SATCOM

Active
Private limited company (pre-2019)founded 2002active for 24 yearsLindestraat(LIN) 37d, 3210 Lubbeek, BelgiumKBO/BCE: BE 0477.081.434

From the official registers: KBO 24 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SATCOM has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,467 and a net result of €31,756. Equity has been shrinking by about 14% per year since 2018. Its solvency ranks better than 58% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 07-02-2002 Normal situation
Activity
Retail sale of information and communication equipment NACE 47400and 1 other
Establishment unit
2.137.147.154 3210 Lubbeek, since 25-03-2003
Financial year end
31 December
Peppol
Reachable since 20-05-2025

Board and ownership

Board
  • Van Gelder LudoDirector · since 07-02-2002

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€57,527
▲ 262%
Turnover
≈ €430,000
estimated
Profit
€31,756
Equity
€51,467
▲ 32.3%
Total assets
€121,380
▲ 35.3%
Filed on 29-05-2026, 63 days before the deadlinePDF
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 2.56, cash €63,504Founded in 2002Equity €51,467 (42.4% of total assets)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 80% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 67-1
equity 42.4% of total assets
Liquidity 84-4
short-term debt 35.2% · cash 52.3%
Profitability 100+36
return on assets 26.2%
Bankruptcy probability within 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 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.2 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.56 (2.56 in 2024), above the usual 1.5. Short-term debt is 35.2% and cash 52.3% of total assets. However, 57.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 47, micro). It does better than 57% of them on solvency, 87% on liquidity, 96% on profitability and 80% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.56, cash €63,504
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Equity €51,467 (42.4% of total assets)
NBB · annual accounts
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 days early
2024
22 days late
2023
93 days early
2022
3 days early
2021
64 days late
2020
61 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 11 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 accounts filed within 67 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 80% of companies in retail tradesector median €5,089 · 22,707 companies €31,756 View

Comparable companies

These companies have the same main activity as SATCOM: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €89,700 and €163,000, founded between 1998 and 2007.

CompanyTotal assetsGross margin
SATCOM Lubbeek€121,380€57,527
BLUE LINE COMPUTERS Thimister-Clermont€127,061€68,952
SPECTROTECH Ittre€114,484€50,722
FOTO VIDEO BERT Huldenberg€89,736€58,846
SJIM Merchtem€142,564€67,111
DATA RISING Zaventem€162,997€57,990
X10 Leuven€140,233€56,868
Full comparison

Documents

Annual accounts at the NBB

All 24 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about SATCOM

What is the company number of SATCOM?
The company number of SATCOM is 0477.081.434. The VAT number is the same number with BE in front: BE 0477.081.434.
Where is SATCOM based?
The registered office is at Lindestraat(LIN) 37d, 3210 Lubbeek.Company details
What does SATCOM do?
According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
What is the legal form of SATCOM?
The legal form of SATCOM is Private limited company (pre-2019) (BVBA).
When was SATCOM founded?
SATCOM was founded on 07-02-2002.
Is SATCOM still active?
Yes, SATCOM is an active enterprise in the KBO register.
What is the turnover of SATCOM?
The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €57,527 and 295 comparable companies (NACE 47). It probably lies between €240,000 and €720,000.Financials
Is SATCOM profitable?
In financial year 2025, SATCOM made a profit of €31,756.
Where can I find the annual accounts of SATCOM?
SATCOM filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of SATCOM due?
SATCOM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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