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SATK

Active
Private limited companyfounded 201610 yrs activeJerusalemstraat 95, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0649.513.879
Summary

The computed 12-month bankruptcy probability of SATK is 4.4% (elevated). The 2024 annual accounts show negative equity (-€26,541). The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Axes · tick = 2023
Profitability-
Solvency0=
Growth22=
Track record100
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Age of the figures
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
13 d early
2023
8 d late
2022
14 d late
2021
31 d late
2020
9 d early
2019
97 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 21 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 March 2016, SATK was incorporated.1 Revenue went from EUR 55,331 in 2018 to EUR 7,929 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

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Financials · fiscal year 2024, micro schema

Turnover
€7,929▼ 24.6%
2019 · €10,520
EBIT margin
-138.8%▼ 387.9pp
2019 · 249.2%
Net result
-€2,579▲ 86.9%
2022 · -€19,622
Working capital
-€26,541=
2023 · -€26,541
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€7,929▼ 24.6%
Operating result-€11,004-€37,621▼ 242%-€18,991▲ 49.5%-€2,418▲ 87.3%
Net result-€11,172-€37,781▼ 238%-€19,622▲ 48.1%-€2,579▲ 86.9%
EBIT margin-138.8%▼ 387.9pp
Equity€33,441▲ 3.6%-€4,340-€23,961▼ 452%-€26,541▼ 10.8%-€26,541=
Total assets€42,866▼ 8.6%€13,975▼ 67.4%€3,322▼ 76.2%€2,141▼ 35.6%€2,141=
Debt€9,425▼ 35.5%€18,314▲ 94.3%€27,283▲ 49.0%€28,682▲ 5.1%€28,682=
Working capital€33,058▲ 4.3%-€4,531-€23,961▼ 429%-€26,541▼ 10.8%-€26,541=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2020: -€11,004-€11,004Net result 2020: -€11,172-€11,172Operating result 2021: -€37,621-€37,621Net result 2021: -€37,781-€37,781Operating result 2022: -€18,991-€18,991Net result 2022: -€19,622-€19,622Operating result 2023: -€2,418-€2,418Net result 2023: -€2,579-€2,57920202021202220232024-€20,000-€15,000-€10,000-€5,000€0Operating result 2022: -€18,991-€19,000Net result 2022: -€19,622-€19,600Operating result 2023: -€2,418-€2,420Net result 2023: -€2,579-€2,580202220232024
The operating result stays negative: a loss of €2,418 in 2023 against €18,991 in 2022; the loss shrinks.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€28,682=
2023 · €28,682
Ratios withheld: a balance sheet total of €2,141 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 26 lines
Balance sheet Code20232024
Assets
Total assets20/58€2,141€2,141=
Current assets29/58€2,141€2,141=
Amounts receivable within one year40/41€2,141€2,141=
Other amounts receivable41€2,141€2,141=
Equity and liabilities
Total equity and liabilities10/49€2,141€2,141=
Equity10/15-€26,541-€26,541=
Contributions10/11€18,595€18,595=
Reserves13€1,712€1,712=
Non-distributable reserves130/1€1,712€1,712=
Reserves not available under the articles1311€1,712€1,712=
Profit (loss) carried forward14-€46,847-€46,847=
Amounts payable17/49€28,682€28,682=
Amounts payable within one year42/48€28,682€28,682=
Trade debts44€12,405€12,405=
Suppliers440/4€12,405€12,405=
Other amounts payable47/48€16,277€16,277=
Income statement Code20232024
Remuneration, social security and pensions62€182-
Gross operating margin9900-€2,236-
Operating profit (loss)9901-€2,418-
Financial charges65/66B€162-
Recurring financial charges65€162-
Profit (loss) for the period before taxes9903-€2,579-
Profit (loss) for the period9904-€2,579-
Profit (loss) for the period to be appropriated9905-€2,579-
Appropriation of the result
Profit (loss) to be appropriated9906-€46,847-€46,847=
Profit (loss) brought forward from the previous period14P-€44,268-€46,847▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€7,929-----
Goods, raw materials, services and sundry goods60/61-€22,033€1,284---
Remuneration, social security and pensions62-€3,623€15,116€182--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€192€192€192---
Other operating charges640/8-€22,649€2,399---
Gross operating margin9900-€4,430-€11,157-€1,284-€2,236--
Operating profit (loss)9901-€11,004-€37,621-€18,991-€2,418--
Financial charges65/66B-€160€161€162--
Recurring financial charges65€168€160€161€162--
Profit (loss) for the period before taxes9903-€11,172-€37,781-€19,151-€2,579--
Income taxes67/77--€470---
Profit (loss) for the period9904-€11,172-€37,781-€19,622-€2,579--
Profit (loss) for the period to be appropriated9905-€11,172-€37,781-€19,622-€2,579--
Line20202021202220232024Change
Assets
Total assets20/58€42,866€13,975€3,322€2,141€2,141=
Fixed assets21/28€383€192----
Tangible fixed assets22/27€383€192----
Plant, machinery and equipment23-€192----
Current assets29/58€42,483€13,783€3,322€2,141€2,141=
Stocks and contracts in progress3€449€449----
Stocks30/36-€449----
Amounts receivable within one year40/41€35,886€3,327€1,996€2,141€2,141=
Other amounts receivable41-€3,327€1,996€2,141€2,141=
Cash at bank and in hand54/58€5,155€10,007€85---
Deferred charges and accrued income490/1--€1,242---
Equity and liabilities
Total equity and liabilities10/49€42,866€13,975€3,322€2,141€2,141=
Equity10/15€33,441-€4,340-€23,961-€26,541-€26,541=
Contributions10/11€18,595€18,595€18,595€18,595€18,595=
Reserves13€1,712€1,712€1,712€1,712€1,712=
Non-distributable reserves130/1-€1,712€1,712€1,712€1,712=
Reserves not available under the articles1311-€1,712€1,712€1,712€1,712=
Profit (loss) carried forward14€13,135-€24,646-€44,268-€46,847-€46,847=
Amounts payable17/49€9,425€18,314€27,283€28,682€28,682=
Amounts payable within one year42/48€9,425€18,314€27,283€28,682€28,682=
Trade debts44€2,941€12,355€13,727€12,405€12,405=
Suppliers440/4-€12,355€13,727€12,405€12,405=
Taxes, remuneration and social security45-€5,959€6,461---
Taxes450/3-€4,530€2,865---
Remuneration and social security454/9-€1,430€3,596---
Other amounts payable47/48--€7,095€16,277€16,277=
Line20202021202220232024Change
Profit (loss) for the period9904-€11,172-€37,781-€19,622-€2,579--
+ Depreciation and write-downs630€192€192€192---
Operating cash flow (approximation)-€10,981-€37,589-€19,430-€2,579--
Investment in fixed assets (approximation)-€0----
Change in cash-€4,852-€9,923---

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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Timeline · acts, filings and financial milestones

2025
18-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
08-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
14-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Weakest financial yearnet -€37,781
Net result drops to -€37,781, the lowest in the series; recovery starts the following year.
22-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
05-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
31-12
Financial Highest result since 2018net €19,274 ▲280%
Operating result €26,212, net result €19,274, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
12-01
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 165 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Schaarbeek · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
97 m²
Building footprint
85 m²
Volume, LiDAR
1,324 m³
Parcel 21906D0160/00X003, Brussels · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
.
Jerusalemstraat 95, 1030 SchaarbeekLimited-service restaurants
since 20162.251.112.850
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21906D0160/00X003 Brussels 97 m² 1 · 85 m² 17.5 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Schaarbeek2.251.112.850
1 permission
Drankgelegenheid · since 10-07-2026

Identification & contact

Identification
Legal formPrivate limited company
Founded01-03-2016
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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