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SATISFACTORY

Active
Private limited companyfounded 1999active for 27 yearsGentsesteenweg 102, 9800 Deinze, BelgiumKBO/BCE: BE 0465.844.478
Summary

SATISFACTORY has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €706,928 and a net result of -€199,892. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 69% of 623 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Specialised image, lighting and sound technical services
NACE 90393
#4 company by staff growth in East Flanders, Arts, sports and recreation sector1 site
Size
€1.1mtotal assets 2025
Staff
18.6 FTE
Equity
€706,928
Loss
-€199,892
Turnover not published (abbreviated format)
Financial health
63 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Structure
Accounts on time0 of 1 deed read
Why 63raises riskLoss of €199,892, the second in a row (financial year 2025)Liquidity: current ratio 0.56, cash €0, halvedlowers riskSector: Arts creation and performing arts activities (NACE 90)Equity €706,928 (61.5% of total assets)Show the evidence

Checked score

Score 2025
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 25% of its sector peers (NACE 90, small)
Financial strength · tick = 2024
Weak
Solvency 86-4
equity 61.5% of total assets
Liquidity 38-24
short-term debt 30.0% · cash 0.0%
Profitability 0-65
return on assets -17.4%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (225 companies, NACE 90, small)
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: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.3%▲ +0.1 percentage points vs 10-2025 12-2025: 1.0%▲ +0.7 percentage points vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.3%▲ +0.3 percentage points vs 09-2026highest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.56, compared with 1.23 in 2024; short-term debt: 30% and cash: 0% of total assets), and 38.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 90, small): better than 71% on solvency, 17% on liquidity, 1% on profitability and 12% on growth.

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

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €199,892, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.56, cash €0, halved
NBB · annual accounts
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Equity €706,928 (61.5% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€199,892
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
2 days early
2023
1 day early
2022
49 days late
2021
3 days late
2020
192 days late
2019
30 days 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 39 days after the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 31 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end11-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€199,892
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2025from -€40,130 to -€199,892 ▼ 398% View
  • Caution: Among the weakest 5% on net resultsector median €12,453 · 626 companies -€199,892 View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€199,892 View

By topic

Financials

Financial year
2025
Total assets
€1.1m
Loss
-€199,892
Solvency
61.5%
Total assets▼ 17.4%
Net result
20192025
Go to Financials

Timeline

Events
30
Since
2001
Next accounts
by 31-10-2026
  1. 30-10-2023Annual accounts filed
  2. 31-03-2023Equity above €1m
  3. 19-12-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Specialised image, lighting and sound technical servicesNACE 90393
Founded
09-04-1999
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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