Summary
SATT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €481,138 and a net result of €48,773. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 87% of 5593 sector peers (fiscal year 2025). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 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
29 d late
2024
38 d early
2023
51 d early
2022
49 d early
2021
76 d early
2020
66 d early
2019
39 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 41 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 oldest company in Zutendaal, Finance and insurance sector
Equity
€481,138▲ 3.2%
2024 · €466,365
Net result
€48,773▲ 311%
2024 · €11,853
Total assets
€522,345▲ 8.2%
2024 · €482,599
Solvency
92.1%▼ 4.5pp
2024 · 96.6%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€75,172▼ 44.7%€62,269▼ 17.2%€31,448▼ 49.5%€19,866▼ 36.8%€41,798▲ 110%
Net result€38,318within the sector's middle half▼ 57.2%€37,716within the sector's middle half▼ 1.6%€32,260within the sector's middle half▼ 14.5%€11,853within the sector's middle half▼ 63.3%€48,773within the sector's middle half▲ 311%
Equity€555,246above the sector's middle half▼ 0.8%€517,962above the sector's middle half▼ 6.7%€501,880above the sector's middle half▼ 3.1%€466,365above the sector's middle half▼ 7.1%€481,138within the sector's middle half▲ 3.2%
Total assets€602,562within the sector's middle half▼ 0.9%€562,249within the sector's middle half▼ 6.7%€531,150within the sector's middle half▼ 5.5%€482,599within the sector's middle half▼ 9.1%€522,345below the sector's middle half▲ 8.2%
Debt€47,317▼ 1.3%€44,288▼ 6.4%€29,270▼ 33.9%€16,234▼ 44.5%€41,207▲ 154%
Working capital€497,005above the sector's middle half▲ 3.8%€471,504above the sector's middle half▼ 5.1%€485,326above the sector's middle half▲ 2.9%€455,243above the sector's middle half▼ 6.2%€452,517above the sector's middle half▼ 0.6%
Solvency92.1%above the sector's middle half=92.1%above the sector's middle half=94.5%above the sector's middle half▲ 2.4pp96.6%above the sector's middle half▲ 2.1pp92.1%above the sector's middle half▼ 4.5pp
Current ratio12.54above the sector's middle half▼ 2.7111.65above the sector's middle half▼ 0.8917.58above the sector's middle half▲ 5.9329.04above the sector's middle half▲ 11.4612.06above the sector's middle half▼ 16.98
Return on assets (ROA)6.4%within the sector's middle half▼ 8.4pp6.7%within the sector's middle half▲ 0.3pp6.1%within the sector's middle half▼ 0.6pp2.5%within the sector's middle half▼ 3.6pp9.3%within the sector's middle half▲ 6.9pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 110% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €522,345
Fixed assets
€28,921 ▲ 160%
Current assets
€493,424 ▲ 4.7%
Equity and liabilities €522,345
Equity
€481,138 ▲ 3.2%
Debt
€41,207 ▲ 154%
Debt's share of the balance-sheet total rises from 3.4% to 7.9%. Equity and debt are higher.
Key figures and ratios
ROE
10.1%▲
2024 · 2.5%
Debt ≤ 1 year
€40,907▲
2024 · €16,234
Income taxes
€12,275▲
2024 · €7,204
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €21,052 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,051 | €34,142 | €9,977 | €6,282 | €5,085 | ▼ 19.1% |
| Other operating charges640/8 | €2,238 | €2,085 | €2,084 | €940 | €508 | ▼ 45.9% |
| Non-recurring operating charges66A | - | - | €2,369 | €0 | - | - |
| Gross operating margin9900 | €110,461 | €98,496 | €45,878 | €27,088 | €47,391 | ▲ 75.0% |
| Operating profit (loss)9901 | €75,172 | €62,269 | €31,448 | €19,866 | €41,798 | ▲ 110% |
| Financial income75/76B | €2,078 | €10,145 | €6,509 | €4,373 | €24,776 | ▲ 467% |
| Recurring financial income75 | €2,078 | €10,145 | €6,509 | €4,373 | €24,776 | ▲ 467% |
| Financial charges65/66B | €2,223 | €14,774 | -€2,374 | €5,182 | €5,526 | ▲ 6.6% |
| Recurring financial charges65 | €2,223 | €14,774 | -€4,724 | €5,182 | €5,526 | ▲ 6.6% |
| Non-recurring financial charges66B | - | - | €2,350 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €75,027 | €57,639 | €40,332 | €19,057 | €61,049 | ▲ 220% |
| Income taxes67/77 | €36,708 | €19,923 | €8,072 | €7,204 | €12,275 | ▲ 70.4% |
| Profit (loss) for the period9904 | €38,318 | €37,716 | €32,260 | €11,853 | €48,773 | ▲ 311% |
| Transfer from tax-exempt reserves789 | €63,892 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €102,210 | €37,716 | €32,260 | €11,853 | €48,773 | ▲ 311% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €602,562 | €562,249 | €531,150 | €482,599 | €522,345 | ▲ 8.2% |
| Fixed assets21/28 | €62,479 | €46,458 | €16,554 | €11,121 | €28,921 | ▲ 160% |
| Tangible fixed assets22/27 | €62,479 | €46,458 | €16,554 | €11,121 | €28,921 | ▲ 160% |
| Land and buildings22 | €28,293 | €11,633 | €1,152 | €545 | €136 | ▼ 75.0% |
| Plant, machinery and equipment23 | €3,010 | €18,679 | €14,286 | €10,577 | €7,154 | ▼ 32.4% |
| Furniture and vehicles24 | €27,827 | €13,913 | €0 | - | €21,630 | - |
| Other tangible fixed assets26 | €3,350 | €2,233 | €1,117 | €0 | €0 | - |
| Current assets29/58 | €540,083 | €515,791 | €514,596 | €471,477 | €493,424 | ▲ 4.7% |
| Amounts receivable after more than one year29 | - | €75,000 | €41,000 | €41,000 | €41,000 | = |
| Other amounts receivable291 | - | €75,000 | €41,000 | €41,000 | €41,000 | = |
| Amounts receivable within one year40/41 | €15,327 | €30,014 | €20,446 | €20,759 | €54,069 | ▲ 160% |
| Trade receivables40 | €15,327 | €16,093 | €16,184 | €12,874 | €13,260 | ▲ 3.0% |
| Other amounts receivable41 | - | €13,921 | €4,262 | €7,885 | €40,809 | ▲ 418% |
| Current investments50/53 | €270,341 | €216,313 | €255,583 | €236,057 | €361,051 | ▲ 53.0% |
| Cash at bank and in hand54/58 | €249,574 | €189,319 | €191,279 | €168,050 | €32,450 | ▼ 80.7% |
| Deferred charges and accrued income490/1 | €4,842 | €5,145 | €6,289 | €5,611 | €4,854 | ▼ 13.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €602,562 | €562,249 | €531,150 | €482,599 | €522,345 | ▲ 8.2% |
| Equity10/15 | €555,246 | €517,962 | €501,880 | €466,365 | €481,138 | ▲ 3.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €536,646 | €499,362 | €483,280 | €447,765 | €462,538 | ▲ 3.3% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Tax-exempt reserves132 | €4,484 | €4,484 | €4,484 | €4,484 | €4,484 | = |
| Distributable reserves133 | €530,302 | €493,018 | €478,796 | €443,281 | €458,054 | ▲ 3.3% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €47,317 | €44,288 | €29,270 | €16,234 | €41,207 | ▲ 154% |
| Amounts payable after more than one year17 | €4,238 | €0 | - | - | - | - |
| Financial debts170/4 | €4,238 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €43,079 | €44,288 | €29,270 | €16,234 | €40,907 | ▲ 152% |
| Current portion of amounts payable after more than one year42 | €10,103 | €4,238 | €0 | - | - | - |
| Trade debts44 | €4,542 | €14,719 | €19,757 | €4,418 | €5,142 | ▲ 16.4% |
| Suppliers440/4 | €4,542 | €14,719 | €19,757 | €4,418 | €5,142 | ▲ 16.4% |
| Taxes, remuneration and social security45 | €28,374 | €22,571 | €6,914 | €10,414 | €1,766 | ▼ 83.0% |
| Taxes450/3 | €27,630 | €20,011 | €4,354 | €7,854 | €1,766 | ▼ 77.5% |
| Remuneration and social security454/9 | €744 | €2,560 | €2,560 | €2,560 | - | - |
| Other amounts payable47/48 | €59 | €2,759 | €2,600 | €1,403 | €34,000 | ▲ 2,324% |
| Accrued charges and deferred income492/3 | - | - | - | - | €300 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,318 | €37,716 | €32,260 | €11,853 | €48,773 | ▲ 311% |
| + Depreciation and write-downs630 | €33,051 | €34,142 | €9,977 | €6,282 | €5,085 | ▼ 19.1% |
| Operating cash flow (approximation) | €71,369 | €71,859 | €42,237 | €18,135 | €53,858 | ▲ 197% |
| Investment in fixed assets (approximation) | - | -€18,122 | €19,927 | -€849 | -€22,884 | ▼ 2,595% |
| Change in cash | - | -€60,254 | €1,960 | -€23,229 | -€135,600 | ▼ 484% |
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
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €11,853 ▼63.3%
Net result drops to €11,853, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 15.25
Current ratio from 4.87 to 15.25; short-term debt falls from €96,211 to €33,594.
31-12
Financial
Equity above €500,000Eq €559,927 ▲19%
3 profitable years in a row build equity to €559,927.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Zutendaal · 1 establishment unit since 1999
Ground area
1,973 m²
Building footprint
182 m²
Volume, LiDAR
874 m³
Parcel 71067A0072/00Z014, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Leutsestraat 15, 3690 Zutendaal
since 19992.090.537.169
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71067A0072/00Z014 | Flanders | 1,973 m² | 1 · 182 m² | 7.3 m · 2 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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 13,640 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
Founded28-01-1999
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465359973
Also
9925:BE0465359973
Registered
03-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.