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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 2026 annual accounts show equity of €658,758 and a net result of -€48,171. Equity remains stable across the filed financial years (±1.9% per year). Its solvency ranks better than 46% of 42 sector peers (NACE 90, financial year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Specialised image, lighting and sound technical services
NACE 90393
5th largest company by equity in Deinze, Arts, sports and recreation sector1 site
Size
≈ €250,000turnover 2026, estimated
Staff
≈ 0.9 FTE, estimated
Equity
€658,758
Loss
-€48,171
Turnover estimated from the gross marginNet result +76%: other schema
Financial health
82 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.4%
Structure
2026 accounts 4 days early
Why 82raises riskLiquidity: current ratio 0.59, cash €0Loss of €48,171, the second in a row (financial year 2026)lowers riskSize: total assets €1.2mSector: Arts creation and performing arts activities (NACE 90)Show the evidence

Checked score

Score 2026
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (NACE 90, micro)
Financial strength · tick = 2025
Average
Solvency 82-4
equity 57.2% of total assets
Liquidity 33-5
short-term debt 37.4% · cash 0.0%
Profitability 56+56
return on assets -4.2%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,429 companies, NACE 90, micro)
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 07-2026highest value 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 0.4%▼ -0.6 percentage points vs 09-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.59, compared with 0.56 in 2025, below 1; short-term debt: 37.4% and cash: 0% of total assets), and 42.8% of the assets are financed with debt and provisions.
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, micro): better than 58% on solvency, 19% on liquidity, 36% on profitability and 34% on growth.

The bankruptcy probability was computed on 30-10-2026 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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Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.59, cash €0
NBB · annual accounts
lowers risk · Size: total assets €1.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €48,171, the second in a row (financial year 2026)
NBB · annual accounts
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1920212223242526
2019 to 2026 · latest year -€48,171
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 27-10-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
4 days early
2025
on the day
2024
2 days early
2023
1 day early
2022
49 days late
2021
3 days late
2020
192 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 34 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 next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 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
31-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · micro…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Weakest financial yearnet -€199,892

Financials · financial year 2026, micro format

Turnover
≈ €250,000
Estimated: probably between €170,000 and €390,000
Total assets
€1.2m▲ 0.1%
2025 · €1.1m
Net result
-€48,171▲ 75.9%
2025 · -€199,892
Working capital
-€175,985▼ 16.0%
2025 · -€151,687
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result returns to profit in 2026: €5,913 after a loss of €150,020 in 2025.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.006m 2026 Net result-€0.05m 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 90, Arts creation and performing arts activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€0.2m-€0.2m▲ 40.0%-€0.1m€0.1m€0.2m▲ 25.4%€0.03m▼ 82.6%-€0.2m€0.006m
Net result€0.09m-€0.2m▲ 104%-€0.2mbelow the sector's middle half€0.1mabove the sector's middle half€0.1mabove the sector's middle half▼ 8.8%-€0.04mbelow the sector's middle half-€0.2mbelow the sector's middle half▼ 398%-€0.05m▲ 75.9%
Equity€0.8m-€0.9m▲ 25.1%€0.8mabove the sector's middle half▼ 18.4%€0.9mabove the sector's middle half▲ 17.6%€1.0mabove the sector's middle half▲ 13.7%€0.9mabove the sector's middle half▼ 11.7%€0.7mabove the sector's middle half▼ 22.0%€0.7m▼ 6.8%
Total assets€1.5m-€1.5m▲ 5.3%€1.4mwithin the sector's middle half▼ 8.6%€1.4mwithin the sector's middle half▼ 3.9%€1.7mwithin the sector's middle half▲ 21.9%€1.4mwithin the sector's middle half▼ 15.8%€1.1mwithin the sector's middle half▼ 17.4%€1.2m▲ 0.1%
Debt€0.7m-€0.6m▼ 15.6%€0.6m▲ 6.6%€0.5m▼ 29.6%€0.6m▲ 38.3%€0.5m▼ 22.4%€0.4m▼ 8.9%€0.5m▲ 11.2%
Working capital-€0.05m-€0.06m-€0.09mbelow the sector's middle half€0.07mwithin the sector's middle half€0.2mwithin the sector's middle half▲ 177%€0.08mwithin the sector's middle half▼ 61.4%-€0.2mbelow the sector's middle half-€0.2m▼ 16.0%
Solvency51.3%-60.9%▲ 9.6pp54.4%within the sector's middle half▼ 6.5pp66.6%within the sector's middle half▲ 12.2pp62.1%within the sector's middle half▼ 4.5pp65.1%within the sector's middle half▲ 3.0pp61.5%within the sector's middle half▼ 3.6pp57.2%▼ 4.3pp
Current ratio0.84-1.26▲ 0.420.71below the sector's middle half▼ 0.551.36within the sector's middle half▲ 0.651.46within the sector's middle half▲ 0.101.23within the sector's middle half▼ 0.240.56below the sector's middle half▼ 0.670.59▲ 0.03
Return on assets (ROA)6.3%-12.2%▲ 5.9pp-12.2%below the sector's middle half▼ 24.5pp10.0%within the sector's middle half▲ 22.2pp7.5%within the sector's middle half▼ 2.5pp-2.9%below the sector's middle half▼ 10.4pp-17.4%below the sector's middle half▼ 14.5pp-4.2%▲ 13.2pp
Staff (FTE)15.2-16.7▲ 9.9%11.5within the sector's middle half▼ 31.1%13above the sector's middle half▲ 13.0%29.6above the sector's middle half▲ 128%37above the sector's middle half▲ 25.0%18.6above the sector's middle half▼ 49.7%
above within below the middle half of NACE 90, Arts creation and performing arts activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
  • 2026 Net result +76% on 2025. The accounts now follow the micro format, last year the abbreviated format.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.2m
Fixed assets €896,898 ▼ 6.3%
Current assets €254,450 ▲ 32.0%
Equity and liabilities €1.2m
Equity €658,758 ▼ 6.8%
Debt €492,590 ▲ 11.2%
Debt's share of the balance-sheet total rises from 38.5% to 42.8%. Equity is lower and debt is higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€66,168▲
2025 · -€85,057
Cash flow
€12,085▲
2025 · -€134,929
Quick ratio
0.59▲
2025 · 0.55
Debt to equity
0.75▲
2025 · 0.63
ROE
-7.3%▲
2025 · -28.3%
Interest coverage
5.12▲
2025 · -3.88
Debt ≤ 1 year
€430,435▲
2025 · €344,411
Debt > 1 year
€62,155▼
2025 · €98,538
Income taxes
€41,168▲
2025 · €27,935
Staff costs
€28,349▼
2025 · €697,509
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94.2% 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 0.4% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 8,617 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
Filed annual accounts As filed with the NBB · 2026 against 2025 · 52 lines
Balance sheet Code20252026
Assets
Total assets20/58€1.1m€1.2m▲
Fixed assets21/28€1.0m€0.9m▼
Tangible fixed assets22/27€1.0m€0.9m▼
Land and buildings22€0.9m€0.9m▼
Plant, machinery and equipment23€0.01m€0.006m▼
Furniture and vehicles24€0.03m€0.02m▼
Other tangible fixed assets26€0.001m€0▼
Financial fixed assets28€0.002m€0.002m=
Current assets29/58€0.2m€0.3m▲
Stocks and contracts in progress3€0.002m€0.002m▲
Stocks30/36€0.002m€0.002m▲
Amounts receivable within one year40/41€0.2m€0.3m▲
Trade receivables40€0.2m€0.2m▼
Other amounts receivable41€0.01m€0.09m▲
Cash at bank and in hand54/58€0€0=
Deferred charges and accrued income490/1-€165
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.2m▲
Equity10/15€0.7m€0.7m▼
Contributions10/11€0.02m€0.02m=
Revaluation surpluses12€0.4m€0.4m=
Reserves13€0.2m€0.2m=
Non-distributable reserves130/1€0.2m€0.2m=
Other1319€0.2m€0.2m=
Tax-exempt reserves132€0.01m€0.01m=
Distributable reserves133€0.002m€0.002m=
Profit (loss) carried forward14€0.07m€0.02m▼
Amounts payable17/49€0.4m€0.5m▲
Amounts payable after more than one year17€0.1m€0.06m▼
Financial debts170/4€0.1m€0.06m▼
Amounts payable within one year42/48€0.3m€0.4m▲
Current portion of amounts payable after more than one year42€0.2m€0.2m▼
Financial debts43€0.002m€0.05m▲
Credit institutions430/8€0.002m€0.05m▲
Trade debts44€0.1m€0.2m▲
Suppliers440/4€0.1m€0.2m▲
Taxes, remuneration and social security45€0.03m-
Taxes450/3€0.007m-
Remuneration and social security454/9€0.02m-
Income statement Code20252026
Remuneration, social security and pensions62€0.7m€0.03m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.06m▼
Other operating charges640/8€0.03m€0.006m▼
Gross operating margin9900€0.6m€0.1m▼
Operating profit (loss)9901-€0.2m€0.006m▲
Financial charges65/66B€0.02m€0.01m▼
Recurring financial charges65€0.02m€0.01m▼
Profit (loss) for the period before taxes9903-€0.2m-€0.007m▲
Income taxes67/77€0.03m€0.04m▲
Profit (loss) for the period9904-€0.2m-€0.05m▲
Profit (loss) for the period to be appropriated9905-€0.2m-€0.05m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.07m€0.02m▼
Profit (loss) brought forward from the previous period14P€0.3m€0.07m▼
Social balance sheet
Average headcount (FTE)908718.6-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023202420252026Change
Remuneration, social security and pensions62---€0.4m€1.0m€1.3m€0.7m€0.03m▼ 95.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m-€0.1m€0.1m€0.08m€0.07m€0.06m€0.06m▼ 7.2%
Other operating charges640/8---€0.006m€0.02m€0.01m€0.03m€0.006m▼ 78.1%
Gross operating margin9900€0.7m€0.7m€0.2m€0.6m€1.3m€1.4m€0.6m€0.1m▼ 84.3%
Operating profit (loss)9901€0.2m€0.2m-€0.1m€0.1m€0.2m€0.03m-€0.2m€0.006m-
Financial income75/76B---€0.003m-€0.001m---
Recurring financial income75€37-€256€0.003m-€0.001m---
Financial charges65/66B---€0.01m€0.01m€0.009m€0.02m€0.01m▼ 41.1%
Recurring financial charges65€0.02m€0.02m€0.02m€0.01m€0.01m€0.009m€0.02m€0.01m▼ 41.1%
Profit (loss) for the period before taxes9903€0.1m€0.2m-€0.1m€0.1m€0.2m€0.02m-€0.2m-€0.007m▲ 95.9%
Income taxes67/77€0.05m€0.02m€0.05m€0.002m€0.05m€0.06m€0.03m€0.04m▲ 47.4%
Profit (loss) for the period9904€0.09m€0.2m-€0.2m€0.1m€0.1m-€0.04m-€0.2m-€0.05m▲ 75.9%
Profit (loss) for the period to be appropriated9905€0.08m€0.2m-€0.2m€0.1m€0.1m-€0.04m-€0.2m-€0.05m▲ 75.9%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€1.5m€1.5m€1.4m€1.4m€1.7m€1.4m€1.1m€1.2m▲ 0.1%
Fixed assets21/28€1.2m€1.3m€1.2m€1.1m€1.0m€1.0m€1.0m€0.9m▼ 6.3%
Tangible fixed assets22/27€1.2m€1.3m€1.2m€1.1m€1.0m€1.0m€1.0m€0.9m▼ 6.3%
Land and buildings22---€1.0m€1.0m€1.0m€0.9m€0.9m▼ 4.9%
Plant, machinery and equipment23---€0.01m€0.02m€0.01m€0.01m€0.006m▼ 45.2%
Furniture and vehicles24---€0.05m€0.03m€0.02m€0.03m€0.02m▼ 36.4%
Other tangible fixed assets26---€0.002m€0.002m€0.001m€0.001m€0▼ 100%
Financial fixed assets28€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m=
Current assets29/58€0.3m€0.3m€0.2m€0.3m€0.6m€0.4m€0.2m€0.3m▲ 32.0%
Stocks and contracts in progress3------€0.002m€0.002m▲ 10.0%
Stocks30/36------€0.002m€0.002m▲ 10.0%
Amounts receivable within one year40/41€0.2m€0.2m€0.04m€0.1m€0.04m€0.2m€0.2m€0.3m▲ 32.2%
Trade receivables40---€0.1m€0.04m€0.2m€0.2m€0.2m▼ 9.3%
Other amounts receivable41-----€0.01m€0.01m€0.09m▲ 779%
Cash at bank and in hand54/58€0.08m€0.09m€0.2m€0.1m€0.6m€0.2m€0€0-
Deferred charges and accrued income490/1-------€165-
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.5m€1.4m€1.4m€1.7m€1.4m€1.1m€1.2m▲ 0.1%
Equity10/15€0.8m€0.9m€0.8m€0.9m€1.0m€0.9m€0.7m€0.7m▼ 6.8%
Contributions10/11€0.02m--€0.02m€0.02m€0.02m€0.02m€0.02m=
Revaluation surpluses12---€0.4m€0.4m€0.4m€0.4m€0.4m=
Reserves13€0.3m€0.3m€0.3m€0.3m€0.3m€0.2m€0.2m€0.2m=
Non-distributable reserves130/1---€0.3m€0.3m€0.2m€0.2m€0.2m=
Reserves not available under the articles1311---€0.002m€0.002m----
Other1319---€0.3m€0.3m€0.2m€0.2m€0.2m=
Tax-exempt reserves132---€0.01m€0.01m€0.01m€0.01m€0.01m=
Distributable reserves133---€400€400€0.002m€0.002m€0.002m=
Profit (loss) carried forward14€0.03m€0.2m€0.05m€0.2m€0.3m€0.3m€0.07m€0.02m▼ 70.4%
Amounts payable17/49€0.7m€0.6m€0.6m€0.5m€0.6m€0.5m€0.4m€0.5m▲ 11.2%
Amounts payable after more than one year17€0.4m€0.4m€0.3m€0.3m€0.2m€0.2m€0.1m€0.06m▼ 36.9%
Financial debts170/4---€0.3m€0.2m€0.2m€0.1m€0.06m▼ 36.9%
Amounts payable within one year42/48€0.3m€0.2m€0.3m€0.2m€0.4m€0.3m€0.3m€0.4m▲ 25.0%
Current portion of amounts payable after more than one year42---€0.08m€0.05m€0.05m€0.2m€0.2m▼ 11.6%
Financial debts43------€0.002m€0.05m▲ 21×
Credit institutions430/8------€0.002m€0.05m▲ 21×
Trade debts44€0.1m€0.1m€0.2m€0.04m€0.09m€0.2m€0.1m€0.2m▲ 67.2%
Suppliers440/4---€0.04m€0.09m€0.2m€0.1m€0.2m▲ 67.2%
Taxes, remuneration and social security45---€0.04m€0.1m€0.1m€0.03m--
Taxes450/3---€0.02m€0.01m-€0.007m--
Remuneration and social security454/9---€0.02m€0.1m€0.1m€0.02m--
Other amounts payable47/48---€0.04m€0.1m----
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€92,615€188,730-€172,893€135,380€123,527-€40,130-€199,892-€48,171▲ 75.9%
+ Depreciation and write-downs630€95,757-€108,059€104,495€84,281€69,659€64,963€60,256▼ 7.2%
Operating cash flow (approximation)€188,372€188,730-€64,833€239,875€207,808€29,529-€134,929€12,085-
Investment in fixed assets (approximation)--€64,916-€35,926-€2,591-€28,161-€19,017-€40,467€0-
Change in cash-€13,768€85,726-€48,657€447,729-€344,373-€233,884€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 27 filings with the National Bank
Financial year Type Filed Reference
31-03-2026 micro format 27-10-2026 2026-00569365
31-03-2025 abbreviated format 31-10-2025 2025-00561404
31-03-2024 abbreviated format 29-10-2024 2024-00517512
31-03-2023 abbreviated format 30-10-2023 2023-00496708
31-03-2022 abbreviated format 19-12-2022 2022-20539747
31-03-2021 abbreviated format 03-11-2021 2021-76400555
31-03-2020 abbreviated format 11-05-2021 2021-14300070
31-03-2019 abbreviated format 30-11-2019 2019-75200430
31-03-2018 abbreviated format 30-11-2018 2018-73400321
31-03-2017 abbreviated format 29-11-2017 2017-70800140

Show all 27 filings

Similar companies · same sector, comparable size

Of the 3,384 active companies whose main activity is specialised image, lighting and sound technical services (NACE 90393), figures are known for 979. 520 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2024
DELBAERE Geert Remi Albert
Director (not named in the articles) · since 23-02-2024
Current
LOS Ann Delphyne Diane
Director (not named in the articles) · since 23-02-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2024, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
DELBAERE Geert Remi Albert
  • Manager (not named in the articles), until 23-02-2024
  • Director (not named in the articles), from 23-02-2024 to date
LOS Ann Delphyne Diane
  • Manager (not named in the articles), until 23-02-2024
  • Director (not named in the articles), from 23-02-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 23-02-2024 Converted to unavailable equity

Group and network

Connections & network

2 current directors
Depth

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History

On 9 April 1999, SATISFACTORY was incorporated.1 Of the 2 current board members, 2 have served since 2024.2 Total assets went from €1.5m in 2019 to €1.2m in 2026 and headcount from 15.2 full-time equivalents in 2019 to 18.6 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-02-2024
  3. 3National Bank, annual accounts 2019, 2025 and 2026

Acts, filings and financial milestones

Next filing, financial year 2027, expected by 31-10-2027
2026
27-10
NBB filing Annual accounts filed
financial year 2026 · micro format
2025
31-10
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
31-03
Financial Weakest financial yearnet -€199,892
Net result drops to -€199,892, the lowest in the series; recovery starts the following year.
2024
29-10
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
23-02
Gazette deed Resignations: DELBAERE Geert Remi Albert (manager) and LOS Ann Delphyne Diane (manager)
Appointments: DELBAERE Geert Remi Albert (director) and LOS Ann Delphyne Diane (director) · Amendment of the articles · Capital conversion14 facts ▸
  • General meeting, 30-01-2024
  • Amendment of the articles (2 times)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, middelen beschikbaar voor uitkering” (deed in Dutch)
  • Director resignation, DELBAERE Geert Remi Albert (manager (not named in the articles))
  • Director resignation, LOS Ann Delphyne Diane (manager (not named in the articles))
  • Director appointment, DELBAERE Geert Remi Albert (director (not named in the articles))
  • Director appointment, LOS Ann Delphyne Diane (director (not named in the articles))
  • Other provision, “kwijting aan ontslagen zaakvoerders voor uitoefening mandaat, volgende jaarvergadering” (deed in Dutch)
  • Power of attorney, Peter De Proft
  • Capital
  • Registered office clause, “9800 Deinze, Gentsesteenweg 102, algemene vergadering” (deed in Dutch)
  • +2 further facts in this act
2023
30-10
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
31-03
Financial Equity above €1mequity €1.0m ▲13.7%
2 profitable years in a row build equity to €1.0m.
2022
19-12
NBB filing Annual accounts filed
financial year 2022 · abbreviated format · 49 days late
31-03
Financial Back to profitnet €135,380
Net result €135,380 after one loss-making year.
2021
03-11
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 3 days late
11-05
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 192 days late
2020
31-03
Financial Highest result from 2019 to 2026net €188,730 ▲104%
Operating result €218,988, net result €188,730, both a record.
Show earlier events
2019
30-11
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 30 days late
2018
30-11
NBB filing Annual accounts filed
financial year 2018 · abbreviated format · 30 days late
2017
29-11
NBB filing Annual accounts filed
financial year 2017 · abbreviated format · 29 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 27 annual accounts filed, the latest 10 are here; all 27 are under Financials.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded09-04-1999
Financial year end31-03
Activities, NACEBEL 2025
90393Specialised image, lighting and sound technical services
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID 0208:0465844478
Also 9925:BE0465844478
Registered 20-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0465.844.478

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 1999
registered office establishment The establishment unit on the map
Ground area
146 m²
Building footprint
112 m²
Building volume
956 m³
Parcel 44054A0508/00E003, Flanders · tallest building 14.3 m. Linked by address, not a title deed.
1 establishment unit
Gentsesteenweg 102, 9800 Deinze
Site preparation
since 1999unit no. 2.092.290.889
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44054A0508/00E003 Flanders 146 m² 1 · 112 m² 14.3 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het verlenen van diensten bij de praktische organisatie van muziekconcerten en allerhande evenementen,waaronder het opbouwen en afbreken van…” (deed in Dutch)
10 activities (deed in Dutch)
  1. Het verlenen van diensten bij de praktische organisatie van muziekconcerten en allerhande evenementen,waaronder het opbouwen en afbreken van podia
  2. Het uitvoeren van draineringswerken,omvattende eveneens het ruimen van onbevaarbare waterlopen,het graven en onderhouden van vijvers,rivieren en waterlopen,alsook het uitvoeren van andere grondwerken
  3. Het uitvoeren van wegenwerken en bouwen van niet-metalen kunstwerken,omvattende onder meer het bouwen,herstellen en onderhouden van wegen,van fietspaden,van vliegvelden en startbanen,van niet-metalen kunstwerken zoals:bruggen en viaducten,wegen en spoorwegtunnels,watertorens,silo’s,vergaarbakken,zwembaden,kolenopslagplaatsen,askuilen,draaischijven,weegbruggen,steunmuren,enzovoort:omvattend eveneens rioleringswerken
  4. Het aanleggen en onderhouden van diverse terreinen,omvattende onder meer het aanleggen en het onderhouden van speelpleinen,sportvelden en terrassen,evenals van parken en tuinen,met inbegrip van de aanplantingen;omvattend eveneens het plaatsen van afsluitingen en omheiningen
  5. Het uitvoeren van voegwerken
  6. Het uitoefenen van activiteiten met betrekking tot een klussendienst
  7. Het organiseren en leiden van schoonmaakbedrijven
  8. Het uitvoeren van werkzaamheden op het vlak van centrale verwarming,van sanitaire werken en van loodgieterswerken,omvattende:het plaatsen van centrale verwarming,met water,stoom of gas en van bijkomende toestellen;het plaatsen van sanitaire inrichtingen;het uitvoeren van lood-en zinkwerken;het installeren van waterverzachters;het bedekken van daken in non-ferrometalen en het plaatsen van zinken dakvensters,evenals de herstellings-en onderhoudswerken ervan
  9. Het plaatsen,herstellen en onderhouden van allerhande branders
  10. Het aankopen,verkopen,verkavelen,ruilen,huren,verhuren,beheren,bouwen,omvormen,uitbaten en in waarde brengen van alle onroerende goederen,met uitsluiting van de activiteiten van vastgoedmakelaar

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
SATISFACTORY
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

deed of 23-02-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)
“Algemene kosten los van representatie-, reis- en verplaatsingskosten, algemene vergadering” (deed in Dutch)

deed of 23-02-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Bij meerdere titularissen van zakelijke rechten op zelfde aandeel is stemrecht geschorst tot één persoon als houder stemrecht is aangewezen…” (deed in Dutch)
1 more provision on this in the deed
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Aandelen” (deed in Dutch)

deed of 23-02-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging overeenkomstig toepasselijke wettelijke bepalingen, op…” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 23-02-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Dagelijks bestuur alsook vertegenwoordiging wat dat bestuur aangaat, dagelijks bestuur” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, houder effecten op naam ingeschreven in register effecten op naam met betrekking tot zijn soort” (deed in Dutch)
Other provision: “Beraadslagingen stemming, één stem per aandeel onder voorbehoud wettelijke en statutaire bepalingen aandelen zonder stemrecht” (deed in Dutch)
Other provision: “Bestemming winst-reserves en interimdividend, elke uitkering in strijd met 5:142 en 5:143 terugvorderbaar ongeacht goede of kwade trouw” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden, lasten en kosten of consignatie nodige sommen en indien niet-volgestorte aandelen na herstelling evenwicht door…” (deed in Dutch)
2 more provisions in the deed, see the deed of 23-02-2024

deed of 23-02-2024