SATOR
ActiveSATOR has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-33k) and a net result of €-3k. Equity is shrinking by ~43.4% per year across the filed fiscal years. Its solvency ranks better than 10% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
10
/ 100
Critical▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability45▲+19
Solvency40▼-1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.82 against 0.83 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-16.1%
Return on assets
-1.5%
Age of the figures
20 mo
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€33k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
47 d late
2023
23 d late
2022
28 d late
2021
29 d late
2020
24 d early
2019
77 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-33k▼ 9.9%
2023 · €-30k
2018: €27k
2019: €30k
2020: €16k
2021: €-25k
2022: €-28k
2023: €-30k
2018 → 2024
Total assets
€202k▲ 0.3%
2023 · €201k
2018: €64k
2019: €162k
2020: €256k
2021: €177k
2022: €189k
2023: €201k
2018 → 2024
Net result
€-3k▼ 94.5%
2023 · €-2k
2018: €2k
2019: €2k
2020: €-14k
2021: €-42k
2022: €-3k
2023: €-2k
2018 → 2024
Working capital
€-42k▼ 7.6%
2023 · €-39k
2018: €26k
2019: €29k
2020: €16k
2021: €-25k
2022: €-28k
2023: €-39k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€16k-€-25k€-28k▼ 11.2%€-30k▼ 5.4%€-33k▼ 9.9%
Operating result€-13k-€-41k▼ 213%€-3k▲ 93.6%€-1k▲ 54.3%€-3k▼ 138%
Net result€-14k-€-42k▼ 208%€-3k▲ 93.2%€-2k▲ 46.5%€-3k▼ 94.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €1k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €202k
Fixed assets
€9k=
Current assets
€193k▲ 0.3%
Key figures and ratios
Solvency
-16.1%▼
2023 · -14.7%
Current ratio
0.82▼
2023 · 0.83
Quick ratio
0.10▲
2023 · 0.10
Debt / equity
-7.20▲
2023 · -7.79
ROE
9.0%▲
2023 · 5.1%
ROA
-1.5%▼
2023 · -0.8%
Debt
€234k▲
2023 · €231k
Debt ≤ 1 year
€234k▲
2023 · €231k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€201k€202k▲
Fixed assets21/28€9k€9k=
Tangible fixed assets22/27€9k€9k=
Land and buildings22€9k€9k=
Current assets29/58€192k€193k▲
Stocks and contracts in progress3€170k€170k=
Contracts in progress37€170k€170k=
Amounts receivable within one year40/41€22k€23k▲
Trade receivables40€20k€20k=
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€148€162▲
Deferred charges and accrued income490/1€1€1=
Equity and liabilities
Total equity and liabilities10/49€201k€202k▲
Equity10/15€-30k€-33k▼
Contributions10/11€25k€25k=
Outside capital11€25k€25k=
Other1109/19€25k€25k=
Reserves13€5k€5k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-59k€-62k▼
Amounts payable17/49€231k€234k▲
Amounts payable within one year42/48€231k€234k▲
Trade debts44€90k€89k▼
Suppliers440/4€90k€89k▼
Other amounts payable47/48€141k€146k▲
Accrued charges and deferred income492/3-€1
Income statement
Code20232024
Other operating charges640/8€1k€115▼
Gross operating margin9900€-32€-3k▼
Operating profit (loss)9901€-1k€-3k▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€38€61▲
Recurring financial charges65€38€61▲
Profit (loss) for the period before taxes9903€-1k€-3k▼
Income taxes67/77€267-
Profit (loss) for the period9904€-2k€-3k▼
Profit (loss) for the period to be appropriated9905€-2k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-59k€-62k▼
Profit (loss) brought forward from the previous period14P€-58k€-59k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Knokke-Heist · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rozenlaan 18301 Knokke-HeistGround area
1,998 m²
Building footprint
1,259 m²
Volume, LiDAR
36,794 m³
Parcel 31338E0146/00_000, Flanders · tallest building 35.3 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Rozenlaan 1, 8301 Knokke-Heist
since 20172.267.767.057
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31338E0146/00_000 | Flanders | 1,998 m² | 1 · 1,259 m² | 35.3 m · 10 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,700 companies in sector 68310 we hold annual accounts for 6,875. 3,615 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded31-07-2017
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.