Financials
- Fiscal year
- 2024
- Total assets
- €4.3m
- Profit
- €56,420
- Solvency
- 30.4%
SATRAD
ActiveSummary
SATRAD has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.3m and a net result of €56,420. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 4837 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
Development of residential building projects
NACE 68121Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
1 site
How big
€4.3mtotal assets 2024
- Equity
- €1.3m
- Profit
- €56,420
Who decides
Accounts 63 d overdue0 of 6 deeds read
Why 68- Higher-failure-rate region+ Lower-failure-rate sector+ Long track record+ Lower-risk legal form+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability61▲+15
Solvency55▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.53 in 2023; short-term debt: 3.6% and cash: 0.4% of total assets), and 69.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.4%
Return on assets
1.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
28 d late
2022
32 d late
2021
98 d late
2020
110 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 70 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
- Annual accounts filedfiscal year 2022 · full…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2016
- 29-08-2025Annual accounts filed
- 28-08-2024Annual accounts filed
- 01-09-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 29-09-1986
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.