SATTECH
ActiveSATTECH has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6k and a net result of €-2k. Its solvency ranks better than 16% of 9520 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
20
/ 100
Critical▼ -23 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency3▼-2
Growth32
Stability94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.37 against 0.33 in 2023), and 94.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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
5.1%
Return on assets
-1.8%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9520 sector peers (2024).
NBB · sector comparisonPosition among 9520 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
9 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€6k▼ 25.6%
2023 · €9k
2023: €9k
2023 → 2024
Total assets
€125k▲ 6.3%
2023 · €118k
2023: €118k
2023 → 2024
Net result
€-2k
2023 · €4k
2023: €4k
2023 → 2024
Working capital
€-74k▼ 1.7%
2023 · €-73k
2023: €-73k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€9k-€6k▼ 25.6%
Operating result€6k-€372▼ 93.6%
Net result€4k-€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 94% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €125k
Fixed assets
€81k▼ 1.2%
Current assets
€44k▲ 23.5%
Equity and liabilities €125k
Equity
€6k▼ 25.6%
Debt
€119k▲ 8.8%
The debt ratio rises from 92.7% to 94.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€6k▼
2023 · €9k
Cash flow
€3k▼
2023 · €7k
Solvency
5.1%▼
2023 · 7.3%
Current ratio
0.37▲
2023 · 0.33
Quick ratio
0.37▲
2023 · 0.33
Debt / equity
18.51▲
2023 · 12.65
ROE
-34.5%▼
2023 · 41.9%
ROA
-1.8%▼
2023 · 3.1%
Interest coverage
82.65▼
2023 · 119.27
Debt
€119k▲
2023 · €109k
Debt ≤ 1 year
€119k▲
2023 · €109k
Income taxes
€3k▲
2023 · €2k
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
Total assets
20/58€118k€125k▲
Fixed assets
21/28€82k€81k▼
Intangible fixed assets
21€2k€6k▲
Tangible fixed assets
22/27€80k€75k▼
Current assets
29/58€36k€44k▲
Amounts receivable within one year
40/41-€937
Cash & bank
54/58€32k€40k▲
Total equity & liabilities
10/49€118k€125k▲
Equity
10/15€9k€6k▼
Contributions / capital
10/11€5k€5k=
Reserves
13€4k€4k=
Accumulated profits (losses)
14-€-2k
Amounts payable
17/49€109k€119k▲
Amounts payable within one year
42/48€109k€119k▲
Trade debts payable within one year
44€220€8k▲
Income statement
Code20232024
Gross operating margin
9900€10k€7k▼
Operating result
9901€6k€372▼
Financial charges
65€77€74▼
Result before taxes
9903€6k€299▼
Income taxes
67/77€2k€3k▲
Net result for the period
9904€4k€-2k▼
Result to be appropriated
9905€4k€-2k▼
Timeline · acts, filings and financial milestones
2026
08-05
State Gazette act
Open capture
Incorporation · General meeting · Officer appointment · Power of attorney · Jeroen Uytterhaegen
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2022
10-11
State Gazette act
Incorporation
oprichting
State Gazette actNBB filing
2 of 2 acts read
Directors · office · real estate
Directors
1 director, no change since 2026
Francois Quinten
CurrentLiquidator · since 08-05-2026
08-05-2026
Appointed as Liquidator
Location & real-estate footprint
Registered office, Lochristi · 1 establishment unit since 2022
Ground area
1,466 m²
Building footprint
350 m²
Volume, LiDAR
1,510 m³
Parcel 44034C0575/00L002, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SATTECH
since 20222.337.839.956
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034C0575/00L002 | Flanders | 1,466 m² | 1 · 350 m² | 6.7 m · 1 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.
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
SBB SOLUTIONS
BE 0826.629.050
Kapellen · Eq €6k
Percé
BE 0735.937.416
Lichtervelde · Eq €6k
Vermoesen-Geerits
BE 1016.782.308
Affligem · Eq €6k
Jb²
BE 0791.584.633
Lint · Eq €6k
KV MANAGEMENT & CONSULTANCY
BE 0780.928.687
Edegem · Eq €6k
Of 24,574 companies in sector 82990 we hold annual accounts for 9,182. 3,441 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2022
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
66199Other activities auxiliary to financial services, excluding insurance and pension funding
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 2 actsNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 06-08-2026. Scores and ratios are computed by Checked and are not a credit decision.