Investments
€89,860 1.9 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 19.2% higher than in 2023.
SATECH
Lifetime
18 annual accounts with figures on one time axispeak €252,597 (2017)
€105,149▼ 31.1%
lowest -€6,735 (2010)
-€1,224▼ €34,975
peak €199,818 (2023)
€198,594▼ 0.6%
€406,777▲ 22.7%
peak 6.3 FTE (2017)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
05-11-202597 days late
2024micro format
Gross margin from €152,621 to €105,149Loss of €1,224Changes of role: (director) and (director) 03-01Debts from €331,476 to €406,777Investments €89,860Cash from €40,722 to €62,860
Key points
from the 2024 annual accountsFilings
18 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
€198,594
More equity than 87% of companies in construction of buildings. Sector median €45,395 · 9,844 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,685 companies had the same profile as SATECH has now. Each dot stands for 7 companies, two years later.
93.7%
were still trading
5.4%
stopped another way
0.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,685 companies, not a prediction for SATECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0885159939
Changes of role: (director) and (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: · Director discharge: · General meeting of 28-12-2023 · Gazette deed
First establishment
Chaussée de Nivelles 2, Waremme
Incorporation
published on 30-11-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SATECH Waremme | €605,370 | €105,149 | 32.8% | - |
| TOMA FACADE Liège | €525,966 | €93,160 | 30.1% | - |
| ALAIN MORUE CONSTRUCTION Hannut | €558,898 | €126,251 | 57.9% | - |
| JME CONSTRUCT Lontzen | €500,431 | €117,727 | 74.8% | - |
| HAESEVOETS BOUW EN TUINAANLEG Diest | €672,616 | €101,012 | 79.5% | - |
| BLUE CEDAR Watermael-Boitsfort | €627,475 | €117,058 | 34.2% | 1.5 |
| Evasco Evergem | €574,983 | €104,094 | 14.5% | - |
These companies have the same main activity as SATECH: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €500,000 and €673,000, founded between 2005 and 2008.
Official details
Source: KBO- Status
- Active since 22-11-2006Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.158.128.0564300 Waremme, since 13-12-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 20-12-2025
Insights on SATECH
SATECH files the micro format. That format states no turnover. The gross margin rose from €32,099 in 2007 to €105,149 in 2024.
The balance sheet grew most from 2023 to 2024 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SATECH
- What is the company number of SATECH?
- The company number of SATECH is 0885.159.939. The VAT number is the same number with BE in front: BE 0885.159.939.
- Where is SATECH based?
- The registered office is at Chaussée de Nivelles 2, 4300 Waremme.Company details
- What does SATECH do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of SATECH?
- SATECH is a private limited company (BV).
- When was SATECH founded?
- SATECH was founded on 22-11-2006.
- Is SATECH still active?
- Yes, SATECH is an active enterprise in the KBO register.
- How many employees does SATECH have?
- SATECH had an average of 0.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of SATECH?
- The turnover in financial year 2024 is ≈ €350,000. This figure is estimated from the gross margin of €105,149 and 97 comparable companies (NACE 41001). It probably lies between €240,000 and €530,000.
- Is SATECH profitable?
- In financial year 2024, SATECH made a loss of €1,224.
- Where can I find the annual accounts of SATECH?
- SATECH filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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