SATICOOP
ActiveSummary
SATICOOP has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €339,411 and a net result of €64,614. Equity is growing by ~30.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 8763 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+1
Solvency64▲+13
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.87 against 2.39 in 2024; short-term debt: 31.5% and cash: 22% of total assets), but 60.8% of the assets are financed with debt.
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Signals
Six 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
39.2%
Return on assets
7.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
41 d late
2024
41 d late
2023
57 d late
2022
100 d late
2021
31 d late
2020
90 d late
2019
81 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 63 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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. Usually files around 10 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.3m▲ 39.6%
2018 · €897,854
EBIT margin
4.3%▲ 4.6pp
2018 · -0.2%
Net result
€64,614▼ 2.2%
2024 · €66,073
Working capital
€510,362▼ 8.7%
2024 · €559,107
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€24,658▼ 67.3%€132,548▲ 438%€37,919▼ 71.4%€99,313▲ 162%€93,932▼ 5.4%
Net result€3,693within the sector's middle half▼ 91.7%€89,927within the sector's middle half▲ 2,335%€19,239within the sector's middle half▼ 78.6%€66,073within the sector's middle half▲ 243%€64,614within the sector's middle half▼ 2.2%
EBIT margin
Equity€100,358within the sector's middle half▲ 3.8%€190,385within the sector's middle half▲ 89.7%€208,824within the sector's middle half▲ 9.7%€274,897within the sector's middle half▲ 31.6%€339,411within the sector's middle half▲ 23.5%
Total assets€1.1mwithin the sector's middle half▲ 16.0%€971,886within the sector's middle half▼ 8.7%€944,582within the sector's middle half▼ 2.8%€1.0mwithin the sector's middle half▲ 10.9%€866,071within the sector's middle half▼ 17.3%
Debt€963,943▲ 17.5%€781,501▼ 18.9%€735,758▼ 5.9%€772,324▲ 5.0%€526,660▼ 31.8%
Working capital€415,453within the sector's middle half▼ 7.0%€552,699above the sector's middle half▲ 33.0%€494,287within the sector's middle half▼ 10.6%€559,107within the sector's middle half▲ 13.1%€510,362above the sector's middle half▼ 8.7%
Solvency9.4%below the sector's middle half▼ 1.1pp19.6%below the sector's middle half▲ 10.2pp22.1%within the sector's middle half▲ 2.5pp26.3%within the sector's middle half▲ 4.1pp39.2%within the sector's middle half▲ 12.9pp
Current ratio1.68within the sector's middle half▼ 0.342.47within the sector's middle half▲ 0.792.43within the sector's middle half▼ 0.052.39within the sector's middle half▼ 0.042.87within the sector's middle half▲ 0.48
Return on assets (ROA)0.3%within the sector's middle half▼ 4.5pp9.3%within the sector's middle half▲ 8.9pp2.0%within the sector's middle half▼ 7.2pp6.3%within the sector's middle half▲ 4.3pp7.5%within the sector's middle half▲ 1.2pp
Staff (FTE)38.2above the sector's middle half▲ 8.5%30.9above the sector's middle half▼ 19.1%26.1above the sector's middle half▼ 15.5%27.7above the sector's middle half▲ 6.1%24.5above the sector's middle half▼ 11.6%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €866,071
Fixed assets
€82,618 ▼ 2.6%
Current assets
€783,454 ▼ 18.6%
Equity and liabilities €866,071
Equity
€339,411 ▲ 23.5%
Debt
€526,660 ▼ 31.8%
Debt's share of the balance-sheet total falls from 73.7% to 60.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€114,123▼
2024 · €118,175
Cash flow
€84,805▼
2024 · €84,936
Quick ratio
2.85▲
2024 · 2.37
Debt to equity
1.55▼
2024 · 2.81
ROE
19.0%▼
2024 · 24.0%
Interest coverage
77.81▼
2024 · 77.98
Debt ≤ 1 year
€273,092▼
2024 · €403,276
Debt > 1 year
€253,568▼
2024 · €369,047
Income taxes
€27,854▼
2024 · €31,754
Staff costs
€842,811▲
2024 · €834,946
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,778 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
2.6%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,778 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €80 | - | €5,597 | €1,713 | - | - |
| Remuneration, social security and pensions62 | €1.0m | €1.1m | €947,116 | €834,946 | €842,811 | ▲ 0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,350 | €19,889 | €28,292 | €18,863 | €20,191 | ▲ 7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€15,161 | -€2,370 | -€1,313 | -€3,853 | -€480 | ▲ 87.5% |
| Other operating charges640/8 | €4,911 | €3,480 | €3,574 | €2,308 | €3,285 | ▲ 42.3% |
| Non-recurring operating charges66A | €421 | €10,076 | €89 | €3,854 | €7,474 | ▲ 93.9% |
| Gross operating margin9900 | €1.1m | €1.2m | €1.0m | €955,430 | €967,213 | ▲ 1.2% |
| Operating profit (loss)9901 | €24,658 | €132,548 | €37,919 | €99,313 | €93,932 | ▼ 5.4% |
| Financial income75/76B | €130 | €2 | €9 | €30 | €3 | ▼ 91.0% |
| Recurring financial income75 | €130 | €2 | €9 | €30 | €3 | ▼ 91.0% |
| Financial charges65/66B | €1,959 | €1,842 | €1,665 | €1,515 | €1,467 | ▼ 3.2% |
| Recurring financial charges65 | €1,959 | €1,842 | €1,665 | €1,515 | €1,467 | ▼ 3.2% |
| Profit (loss) for the period before taxes9903 | €22,829 | €130,709 | €36,264 | €97,828 | €92,468 | ▼ 5.5% |
| Income taxes67/77 | €19,136 | €40,782 | €17,025 | €31,754 | €27,854 | ▼ 12.3% |
| Profit (loss) for the period9904 | €3,693 | €89,927 | €19,239 | €66,073 | €64,614 | ▼ 2.2% |
| Profit (loss) for the period to be appropriated9905 | €3,693 | €89,927 | €19,239 | €66,073 | €64,614 | ▼ 2.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €971,886 | €944,582 | €1.0m | €866,071 | ▼ 17.3% |
| Fixed assets21/28 | €36,927 | €43,934 | €103,618 | €84,838 | €82,618 | ▼ 2.6% |
| Tangible fixed assets22/27 | €34,807 | €39,314 | €101,498 | €82,718 | €80,498 | ▼ 2.7% |
| Furniture and vehicles24 | €34,807 | €39,314 | €30,246 | €19,173 | €24,660 | ▲ 28.6% |
| Other tangible fixed assets26 | - | - | €71,252 | €63,545 | €55,837 | ▼ 12.1% |
| Financial fixed assets28 | €2,120 | €4,620 | €2,120 | €2,120 | €2,120 | = |
| Current assets29/58 | €1.0m | €927,952 | €840,964 | €962,383 | €783,454 | ▼ 18.6% |
| Stocks and contracts in progress3 | €47,228 | €47,228 | €45,269 | €5,240 | €5,240 | = |
| Stocks30/36 | €47,228 | €47,228 | €45,269 | €5,240 | €5,240 | = |
| Amounts receivable within one year40/41 | €435,496 | €632,967 | €626,211 | €590,848 | €583,696 | ▼ 1.2% |
| Trade receivables40 | €316,661 | €438,557 | €322,077 | €339,936 | €272,358 | ▼ 19.9% |
| Other amounts receivable41 | €118,835 | €194,410 | €304,133 | €250,912 | €311,339 | ▲ 24.1% |
| Cash at bank and in hand54/58 | €544,516 | €247,245 | €166,902 | €362,021 | €190,307 | ▼ 47.4% |
| Deferred charges and accrued income490/1 | €135 | €513 | €2,583 | €4,274 | €4,210 | ▼ 1.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €971,886 | €944,582 | €1.0m | €866,071 | ▼ 17.3% |
| Equity10/15 | €100,358 | €190,385 | €208,824 | €274,897 | €339,411 | ▲ 23.5% |
| Contributions10/11 | €6,900 | €7,000 | €6,200 | €6,200 | €6,100 | ▼ 1.6% |
| Capital10 | €6,900 | €7,000 | - | - | - | - |
| Issued capital100 | €6,900 | €7,000 | - | - | - | - |
| Reserves13 | €620 | €620 | €620 | €620 | €620 | = |
| Non-distributable reserves130/1 | €620 | €620 | €620 | €620 | €620 | = |
| Legal reserve130 | €620 | €620 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €620 | €620 | €620 | = |
| Profit (loss) carried forward14 | €92,838 | €182,765 | €202,004 | €268,077 | €332,691 | ▲ 24.1% |
| Amounts payable17/49 | €963,943 | €781,501 | €735,758 | €772,324 | €526,660 | ▼ 31.8% |
| Amounts payable after more than one year17 | €351,974 | €393,824 | €374,408 | €369,047 | €253,568 | ▼ 31.3% |
| Financial debts170/4 | €125,000 | €125,000 | €125,000 | €125,000 | - | - |
| Other amounts payable178/9 | €226,974 | €268,824 | €249,408 | €244,047 | €253,568 | ▲ 3.9% |
| Amounts payable within one year42/48 | €611,921 | €375,253 | €346,677 | €403,276 | €273,092 | ▼ 32.3% |
| Trade debts44 | €287,673 | €206,325 | €178,186 | €151,335 | €84,693 | ▼ 44.0% |
| Suppliers440/4 | €280,952 | €206,325 | €178,186 | €151,335 | €84,693 | ▼ 44.0% |
| Bills of exchange payable441 | €6,721 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €313,534 | €162,804 | €162,865 | €246,315 | €182,648 | ▼ 25.8% |
| Taxes450/3 | €103,847 | €80,673 | €67,536 | €126,755 | €85,710 | ▼ 32.4% |
| Remuneration and social security454/9 | €209,688 | €82,130 | €95,329 | €119,560 | €96,937 | ▼ 18.9% |
| Other amounts payable47/48 | €10,714 | €6,125 | €5,627 | €5,627 | €5,752 | ▲ 2.2% |
| Accrued charges and deferred income492/3 | €48 | €12,424 | €14,673 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,693 | €89,927 | €19,239 | €66,073 | €64,614 | ▼ 2.2% |
| + Depreciation and write-downs630 | €19,350 | €19,889 | €28,292 | €18,863 | €20,191 | ▲ 7.0% |
| Operating cash flow (approximation) | €23,043 | €109,815 | €47,532 | €84,936 | €84,805 | ▼ 0.2% |
| Investment in fixed assets (approximation) | - | -€26,896 | -€87,977 | -€82 | -€17,972 | ▼ 21,870% |
| Change in cash | - | -€297,271 | -€80,343 | €195,119 | -€171,714 | ▼ 188% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 41 days late
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 41 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 57 days late
2023
31-12
Financial
Equity above €200,000Eq €208,824 ▲9.7%
5 profitable years in a row build equity to €208,824.
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 100 days late
2022
31-12
Financial
Highest result since 2018net €89,927 ▲2,335%
Operating result €132,548, net result €89,927, both a record.
31-12
Financial
Equity above €150,000Eq €190,385 ▲89.7%
4 profitable years in a row build equity to €190,385.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Equity above €100,000Eq €100,358 ▲3.8%
3 profitable years in a row build equity to €100,358.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 81 days late
2019
31-12
Financial
Back to profitnet €33,273
Net result €33,273 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
8 acts for this company are 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, Sint-Gillis (bij-Brussel) · 4 establishment units since 2017
Ground area
1.4 ha
Building footprint
2,486 m²
Volume, LiDAR
43,952 m³
4 parcels, Brussels, Flanders · tallest building 32.3 m, ±6 floors. Linked by address, not a title deed.
30
companies at this address
See who is registered here
4 establishment units
SATICOOP
since 20172.260.904.209
JACQUET BETTINA
since 20222.328.034.741
JEUKENS Thomas
since 20222.328.034.939
Marie Pirlot
since 20242.366.287.581
4 parcels
Flanders
1
(25%)
Brussels
3
(75%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0346/00N007 | Brussels | 6,730 m² | 1 · 2,231 m² | 32.2 m · 6 fl. |
| 22004A0021/00X000 | Flanders | 6,468 m² | 1 · 32 m² | 2.9 m · 1 fl. |
| 21652E0244/00V000 | Brussels | 240 m² | 1 · 124 m² | 13.2 m · 2 fl. |
| 21002A0136/00B024 | Brussels | 187 m² | 1 · 99 m² | 13.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
25%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 37,414 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCooperative company
Founded17-01-2017
Fiscal year end31-12
Abbreviation FR
SATI
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
85592Vocational training
85599Other education
86931Psychology services
Contact
E-mail
paul@dies.beSint-Gillis (bij-Brussel)
Phone
0476/544680Sint-Gillis (bij-Brussel)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0669692651
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.