SATRACOM

Active

Public limited companyfounded 196858 yrs activeRue de Hottleux 63, 4950 Waimes, BelgiumKBO/BCE: BE 0402.461.116

Summary

SATRACOM has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.7m and a net result of €1.3m. Equity is shrinking by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 61% of 952 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisWatch Report Compare

SATRACOMActiveChecked score 70/100

Risk analysis Report Compare

What they do

Scheduled passenger transport by road

NACE 49310NACE 60211NACE 60212

#1 employer in Waimes3 sites

How big

€14.3mturnover 2025

Staff: 120.5 FTE
Equity: €6.7m
Profit: €1.3m

Financially healthy?

70 Healthy Checked score 2025

Bankruptcy chance 12 m: 0.7%

Who decides

Parent: Eurobus Holding · 99.85%
Board: 2 members

Auditor: Ernst & Young Bedrijfsrevisoren Burg. BVAccounts 31 d early1 of 24 deeds read

Why 70- Higher-failure-rate sector- Multiple establishment units- Higher-failure-rate region+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2025

70 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability87▲+7

Solvency75▲+14

Growth53▼-1

Track record100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €460,000 at 30 days acceptable

Liquidity ample (current ratio 2.68 against 1.78 in 2024; short-term debt: 26.7% and cash: 0% of total assets), but 50% of the assets are financed with debt.

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Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Land transport and transport via pipelines (NACE 49)

about 141% more bankruptcies

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

50%

Return on assets

10%

Age of the figures

9 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

31 d early

2024

34 d early

2023

41 d early

2022

47 d early

2021

47 d early

2020

22 d early

2019

35 d early

← 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 37 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 21 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

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

26-08-26 Reappointments: Burg. BV Ernst & Young…Permanent representative: Marie-Laure Moreau ·…
30-06-26 Annual accounts filedfiscal year 2025 · full…
27-06-25 Annual accounts filedfiscal year 2024 · full…

Key points

Positive: Employer in Waimesin the Checked rankings #1 View
Positive: Always filed on timeaccounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €1.3m 8 years View
Controlled by Eurobus Holdingknown shareholders 99.85% 99.85% View
New directorlatest change 26-08-2026 · 2 in office 1 joined View
Active since 1968founded 01-01-1968 58 years View