SATPROD
ActiveSummary
SATPROD has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €-3k. Equity is shrinking by ~20.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 71% of 199 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency97▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.22 against 3.38 in 2024; short-term debt: 15.2% and cash: 33.6% of total assets), and 28% 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 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
72%
Return on assets
-26.4%
Age of the figures
9 mo
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 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
15 d early
2024
67 d late
2023
19 d late
2022
20 d early
2021
119 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 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 simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Turnover
€6k
EBIT margin
-262.9%
Net result
€-3k▲ 21.6%
2024 · €-4k
Working capital
€2k▼ 29.8%
2024 · €3k
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
Line20212022202320242025
Turnover€6k-
Operating result€-16k-€-3k▲ 82.6%€-3k▼ 5.0%€-4k▼ 43.3%€-3k▲ 22.0%
Net result€-16k-€-3k▲ 82.2%€-3k▼ 4.9%€-4k▼ 42.3%€-3k▲ 21.6%
EBIT margin-262.9%-
Equity€23k-€20k▼ 12.6%€17k▼ 15.2%€12k▼ 25.5%€9k▼ 26.8%
Total assets€23k-€20k▼ 12.6%€17k▼ 15.2%€14k▼ 14.8%€13k▼ 11.0%
Debt€2k€4k▲ 99.5%
Working capital€3k€2k▼ 29.8%
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 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13k
Fixed assets
€8k ▼ 11.5%
Current assets
€4k ▼ 10.0%
Equity and liabilities €13k
Equity
€9k ▼ 26.8%
Debt
€4k ▲ 99.5%
Debt's share of the balance-sheet total rises from 12.5% to 28.0%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
2.22▼
2024 · 3.38
Debt to equity
0.39▲
2024 · 0.14
ROE
-36.6%▼
2024 · -34.2%
ROA
-26.4%▲
2024 · -29.9%
Debt ≤ 1 year
€2k▲
2024 · €1k
Debt > 1 year
€2k▲
2024 · €382
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €6k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €22k | €2k | €3k | €4k | €6k | ▲ 67.5% |
| Other operating charges640/8 | €145 | €505 | €64 | €64 | €288 | ▲ 351% |
| Gross operating margin9900 | €-16k | €-2k | €-3k | €-4k | €-3k | ▲ 27.8% |
| Operating profit (loss)9901 | €-16k | €-3k | €-3k | €-4k | €-3k | ▲ 22.0% |
| Financial charges65/66B | €128 | €94 | €95 | €107 | €101 | ▼ 5.1% |
| Recurring financial charges65 | €128 | €94 | €95 | €107 | €101 | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | €-16k | €-3k | €-3k | €-4k | €-3k | ▲ 21.6% |
| Profit (loss) for the period9904 | €-16k | €-3k | €-3k | €-4k | €-3k | ▲ 21.6% |
| Profit (loss) for the period to be appropriated9905 | €-16k | €-3k | €-3k | €-4k | €-3k | ▲ 21.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €23k | €20k | €17k | €14k | €13k | ▼ 11.0% |
| Formation expenses20 | €1k | - | - | - | - | - |
| Fixed assets21/28 | €7k | €9k | €9k | €10k | €8k | ▼ 11.5% |
| Intangible fixed assets21 | €5k | €6k | €6k | €7k | €5k | ▼ 26.5% |
| Tangible fixed assets22/27 | €2k | €2k | €2k | €3k | €4k | ▲ 23.2% |
| Plant, machinery and equipment23 | - | - | - | - | €2k | - |
| Furniture and vehicles24 | €2k | €2k | €2k | €3k | €2k | ▼ 37.0% |
| Financial fixed assets28 | - | €340 | €340 | €0 | €0 | - |
| Current assets29/58 | €15k | €11k | €8k | €5k | €4k | ▼ 10.0% |
| Stocks and contracts in progress3 | €162 | - | - | - | - | - |
| Stocks30/36 | €162 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1k | €107 | €105 | - | - | - |
| Other amounts receivable41 | €1k | €107 | €105 | - | - | - |
| Cash at bank and in hand54/58 | €13k | €11k | €8k | €5k | €4k | ▼ 10.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €23k | €20k | €17k | €14k | €13k | ▼ 11.0% |
| Equity10/15 | €23k | €20k | €17k | €12k | €9k | ▼ 26.8% |
| Contributions10/11 | €39k | €39k | €39k | €39k | €39k | = |
| Profit (loss) carried forward14 | €-16k | €-19k | €-22k | €-26k | €-29k | ▼ 12.8% |
| Amounts payable17/49 | - | - | - | €2k | €4k | ▲ 99.5% |
| Amounts payable after more than one year17 | - | - | - | €382 | €2k | ▲ 328% |
| Financial debts170/4 | - | - | - | €382 | - | - |
| Other amounts payable178/9 | - | - | - | - | €2k | - |
| Amounts payable within one year42/48 | - | - | - | €1k | €2k | ▲ 37.3% |
| Taxes, remuneration and social security45 | - | - | - | €1k | €2k | ▲ 37.3% |
| Taxes450/3 | - | - | - | €1k | €2k | ▲ 37.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-16k | €-3k | €-3k | €-4k | €-3k | ▲ 21.6% |
| Operating cash flow (approximation) | €-16k | €-3k | €-3k | €-4k | €-3k | ▲ 21.6% |
| Investment in fixed assets (approximation) | - | €-2k | €-237 | €-553 | €1k | ▲ 298% |
| Change in cash | - | €-2k | €-3k | €-3k | €-473 | ▲ 83.8% |
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 119 days late
NBB filing
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, Eghezée · 1 establishment unit since 2020
Ground area
1,274 m²
Building footprint
148 m²
Parcel 92035A0564/00X000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Satprod
since 20202.301.704.090
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92035A0564/00X000 | Wallonia | 1,274 m² | 1 · 148 m² | - |
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.
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Of 249 companies in sector 26110 we hold annual accounts for 183. 43 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
26110Manufacture of computer, electronic and optical products
62200Computer consultancy and computer facilities management
93199Other sports activities
Contact
Website
satprod.net/Eghezée
E-mail
info@satprod.netEghezée
Scores and ratios are computed by Checked and are not a credit decision.