SATELLIT
SATELLIT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €313k and a net result of €313k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 76 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
| Equity | €313k |
| Net result | €313k |
| Staff (FTE) | 36.1 |
| Better than sector | 23% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 11.9% | 46.1% | |
| Net result | €313k | €52k | |
| Equity | €313k | €279k | |
| Gross operating margin | €3.89M | €133k | |
| Staff costs | €3.33M | €272k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | full schema | full schema | full schema |
| Revenue | - | - | - | - |
| EBITDA | €554k | €267k | €440k | €279k |
| Net profit | €313k | €96k | €215k | €101k |
| Cash flow | €355k | €120k | €236k | €120k |
| Staff costs | €3.33M | €3.87M | €3.36M | €2.72M |
| Income taxes | €141k | €90k | €148k | €117k |
| Dividends | €47k | €94k | €221k | €100k |
| Total assets | €2.62M | €2.61M | €2.60M | €2.24M |
| Equity | €313k | €46k | €45k | €50k |
| Debt | €2.31M | €2.56M | €2.56M | €2.19M |
| of which ≤ 1y | €2.13M | €2.56M | €2.56M | €2.19M |
| of which > 1y | €182k | - | - | - |
| Working capital | €376k | €-4k | €-5k | €4k |
| Employees (FTE) | 36.1 | 46.4 | 47.5 | 42.6 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.18 | 1.00 | 1.00 | 1.00 |
| Quick ratio | 1.18 | 1.00 | 1.00 | 1.00 |
| Working capital ratio | 14.3% | -0.1% | -0.2% | 0.2% |
| Solvency | 11.9% | 1.8% | 1.7% | 2.2% |
| Debt / equity | 7.37 | 55.18 | 56.84 | 43.51 |
| Long-term debt ratio | 0.58 | - | - | - |
| Interest coverage | 9.65 | 4.47 | 6.96 | 6.31 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 12.0% | 3.7% | 8.3% | 4.5% |
| ROE | 100.2% | 205.7% | 478.5% | 201.7% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €2.62M | €2.61M | €2.60M | €2.24M |
| Fixed assets | 21/28 | €119k | €50k | €50k | €46k |
| Intangible fixed assets | 21 | €89k | - | - | - |
| Tangible fixed assets | 22/27 | €26k | €46k | €46k | €42k |
| Financial fixed assets | 28 | €4k | €4k | €4k | €4k |
| Current assets | 29/58 | €2.50M | €2.56M | €2.55M | €2.19M |
| Amounts receivable within one year | 40/41 | €1.84M | €2.19M | €2.17M | €2.12M |
| Investments | 50/53 | €273k | - | - | - |
| Cash & bank | 54/58 | €353k | €318k | €384k | €54k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.62M | €2.61M | €2.60M | €2.24M |
| Equity | 10/15 | €313k | €46k | €45k | €50k |
| Contributions / capital | 10/11 | €30k | €30k | €30k | €30k |
| Reserves | 13 | €276k | €3k | €3k | €3k |
| Accumulated profits (losses) | 14 | €7k | €13k | €12k | €17k |
| Amounts payable | 17/49 | €2.31M | €2.56M | €2.56M | €2.19M |
| Amounts payable after one year | 17 | €182k | - | - | - |
| Amounts payable within one year | 42/48 | €2.13M | €2.56M | €2.56M | €2.19M |
| Trade debts payable within one year | 44 | €1.20M | €1.27M | €1.32M | €1.04M |
| Income statement | |||||
| Gross operating margin | 9900 | €3.89M | €4.13M | €3.81M | €3.01M |
| Operating result | 9901 | €512k | €243k | €419k | €260k |
| Financial income | 75 | €140 | €2k | €8k | €3k |
| Financial charges | 65 | €57k | €60k | €63k | €44k |
| Result before taxes | 9903 | €455k | €185k | €364k | €218k |
| Income taxes | 67/77 | €141k | €90k | €148k | €117k |
| Net result for the period | 9904 | €313k | €96k | €215k | €101k |
| Result to be appropriated | 9905 | €313k | €96k | €215k | €101k |
-
DIGITAL EDGEPrivate limited companyDirector· perm. rep.: DE GEYNST PatrickState Gazette act 23483885 (28-12-2023)Current28-12-2023 → present
-
OLI4 CONSULTING & RECRUITMENTLegal entityDirectorState Gazette act 23483885 (28-12-2023)Current28-12-2023 → present
2 events
- 28-12-2023 Appointed· Director
- 01-01-2020 Resigned· Director (executive)
-
ULTRALegal entityDirector· perm. rep.: BIALEK OlivierState Gazette act 23483885 (28-12-2023)Current28-12-2023 → present
2 events
- 28-12-2023 Appointed· Director
- 01-01-2020 Resigned· Director (executive)
Former directors (2)
-
Olivier BIALEKDirector (executive)State Gazette act 25062178 (15-05-2025)Former- → 16-04-2025
-
DE GEYNST PatrickDirector (executive)State Gazette act 23483885 (28-12-2023)Former- → 01-01-2020
| NACE primary | Public relations and communication consultancy(73300) |
| Legal form | Private limited company(610) |
| Incorporation | 30-05-2014 |
| Status | Active |
| Postal code | 1180 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0108/00C002 | Brussels | 1,233 m² | 1 · 239 m² | 25.0 m · 8 fl. |
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
15-05-2025 Buyback of own shares
Technical details
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}17-03-2025 Buyback of own shares
Technical details
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}28-12-2023 3 directors appointed, 3 resigning correction
- OLI4 CONSULTING & RECRUITMENT, Bestuurder
- BIALEK Olivier, Bestuurder
- DE GEYNST Patrick, Bestuurder
- DE GEYNST Patrick, Directeur
- OLI4 CONSULTING & RECRUITMENT, Directeur
- ULTRA, Directeur
Technical details
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}| Legal nameFR | SATELLIT |