Equity
-€122,168
Debts exceed assets in financial year 2025.
SATEX
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000peak €45,282 (2008)
€36,826▲ 11.4%
lowest -€170,566 (2017)
€17,492▲ 200%
peak €28,785 (2010)
-€122,168▲ €17,492
€169,752▼ 10.5%
peak 0.5 FTE (2007)
-not published
Board2 names since 2018
1 director
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Result from €5,840 to €17,492Equity from -€139,660 to -€122,168Cash from €16,381 to €8,563
Key points
from the 2025 annual accountsTurnover
≈ €210,000 estimated
The micro format states no turnover.
Debts
€169,752 357% of the balance sheet
Suppliers 2%Taxes and wages 3%Other 95%
Staff
3 employees on 31-12-2025
In 2025, 2 people joined and 2 left.
Filings
26 annual accounts since 2000
Eight of the last ten came late. The 2017 accounts came latest: 56 days after the end of the period.
Position in the sector
-256.7%
Lower solvency than 95% of companies in retail trade. Sector median 33.4% · 25,237 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,794 companies had the same profile as SATEX has now. Each dot stands for 10 companies, two years later.
91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
Another 0.6% 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 3,794 companies, not a prediction for SATEX. 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472033870
Reappointment: (director)
General meeting of 01-02-2024 · Gazette deed
Resignation: (manager)
Director discharge: · Gazette deed
First establishment
Brabantstraat 161, Schaerbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SATEX Schaerbeek | €47,584 | €36,826 | -256.7% | - |
| JHN STOCK Tubize | €52,539 | €34,965 | 38.1% | - |
| COULEUR DECO Woluwe-Saint-Lambert | €40,559 | €27,087 | 17.4% | - |
| SAMIHAS Molenbeek-Saint-Jean | €54,008 | €27,313 | 45.4% | - |
| REFLEXION-SHOP Koksijde | €42,642 | €39,162 | 29.1% | - |
| MARK & PARTNERS Tubize | €57,695 | €22,447 | 45.3% | - |
| BAO - SOLDY Molenbeek-Saint-Jean | €62,537 | €76,891 | 57.7% | - |
These companies have the same main activity as SATEX: retail sale of household textiles and bedding (NACE 47512). They are comparable in size and age: total assets between €40,600 and €62,500, founded between 1998 and 2004.
Official details
Source: KBO- Status
- Active since 31-05-2000Normal situation
- Activity
- Retail sale of household textiles and beddingNACE 47512and 2 others
- Joint committee
- 100Auxiliary committee for blue-collar workers · annual accounts 2025
- Establishment unit
- 2.093.996.9031030 Schaerbeek, since 21-09-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 17-06-2025
Annual accounts 2025
- €47,584▼ 5.0%
- Employeeson 31-12-2025
- 3▲ 200%
- Filing
- Filed on 27-08-2026
Insights on SATEX
SATEX files the micro format. That format states no turnover. The gross margin rose from €22,822 in 2006 to €36,826 in 2025.
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 SATEX
- What is the company number of SATEX?
- The company number of SATEX is 0472.033.870. The VAT number is the same number with BE in front: BE 0472.033.870.
- Where is SATEX based?
- The registered office is at Brabantstraat 161, 1030 Schaerbeek.Company details
- What does SATEX do?
- According to the KBO register, the main activity is retail sale of household textiles and bedding (NACE 47512).
- What is the legal form of SATEX?
- SATEX is a private limited company (BV).
- When was SATEX founded?
- SATEX was founded on 31-05-2000.
- Is SATEX still active?
- Yes, SATEX is an active enterprise in the KBO register.
- How many employees does SATEX have?
- SATEX had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does SATEX fall under?
- In its 2025 annual accounts, SATEX states joint committee 100 (Auxiliary committee for blue-collar workers).
- What is the turnover of SATEX?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €36,826 and 41 comparable companies (NACE 475). It probably lies between €160,000 and €330,000.
- Is SATEX profitable?
- In financial year 2025, SATEX made a profit of €17,492.
- Where can I find the annual accounts of SATEX?
- SATEX filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SATEX due?
- SATEX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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 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 See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.