SATURIZED
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 240 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 11-07-2024, 204 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
204 d early
2023
26 d early
2022
on the day
2021
on the day
2020
27 d early
2019
14 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 41 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€441,042▲ 7.9%
2023 · €408,564
Total assets
€448,296▲ 1.5%
2023 · €441,816
Net result
€32,478▲ 5.0%
2023 · €30,941
Working capital
€440,849▲ 15.7%
2023 · €381,187
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
Line20202021202220232024
Operating result€108,582▼ 50.8%€135,864▲ 25.1%-€14,035-€43,837▼ 212%-€16,587▲ 62.2%
Net result€74,555▼ 52.0%€109,630▲ 47.0%-€100,735€30,941€32,478▲ 5.0%
Equity€577,604▲ 14.8%€686,434▲ 18.8%€514,860▼ 25.0%€408,564▼ 20.6%€441,042▲ 7.9%
Total assets€890,098▲ 1.6%€1.0m▲ 13.4%€561,289▼ 44.4%€441,816▼ 21.3%€448,296▲ 1.5%
Debt€312,494▼ 16.2%€323,125▲ 3.4%€46,429▼ 85.6%€33,253▼ 28.4%€7,254▼ 78.2%
Working capital€480,746▲ 8.2%€578,170▲ 20.3%€420,678▼ 27.2%€381,187▼ 9.4%€440,849▲ 15.7%
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 stays negative: a loss of €16,587 in 2024 against €43,837 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €448,296
Fixed assets
€193 ▼ 99.3%
Current assets
€448,103 ▲ 8.1%
Equity and liabilities €448,296
Equity
€441,042 ▲ 7.9%
Debt
€7,254 ▼ 78.2%
Debt's share of the balance-sheet total falls from 7.5% to 1.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€6,781▲
2023 · -€28,152
Cash flow
€42,285▼
2023 · €46,627
Current ratio
61.77▲
2023 · 12.46
Debt to equity
0.02▼
2023 · 0.08
ROE
7.4%▼
2023 · 7.6%
ROA
7.2%▲
2023 · 7.0%
Interest coverage
-5.64▼
2023 · 0.38
Debt ≤ 1 year
€7,254▼
2023 · €33,253
Income taxes
€332▲
2023 · €218
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,014 | €25,149 | €22,184 | €15,686 | €9,806 | ▼ 37.5% |
| Other operating charges640/8 | - | - | €1,961 | €1,348 | €7,948 | ▲ 490% |
| Non-recurring operating charges66A | - | - | €14,368 | €5,572 | €8,893 | ▲ 59.6% |
| Gross operating margin9900 | €138,396 | €166,190 | €24,479 | -€21,233 | €10,061 | ▲ 147% |
| Operating profit (loss)9901 | €108,582 | €135,864 | -€14,035 | -€43,837 | -€16,587 | ▲ 62.2% |
| Financial income75/76B | - | - | €27,740 | €490 | €50,599 | ▲ 10,216% |
| Recurring financial income75 | €491 | €0 | €27,740 | €18 | €50,599 | ▲ 277,612% |
| Non-recurring financial income76B | - | - | - | €472 | - | - |
| Financial charges65/66B | - | - | €112,479 | -€74,506 | €1,202 | ▲ 102% |
| Recurring financial charges65 | €6,818 | €7,084 | €112,479 | -€74,692 | €1,202 | ▲ 102% |
| Non-recurring financial charges66B | - | - | - | €186 | - | - |
| Profit (loss) for the period before taxes9903 | €102,255 | €128,780 | -€98,774 | €31,159 | €32,810 | ▲ 5.3% |
| Income taxes67/77 | €27,700 | €19,150 | €1,961 | €218 | €332 | ▲ 52.8% |
| Profit (loss) for the period9904 | €74,555 | €109,630 | -€100,735 | €30,941 | €32,478 | ▲ 5.0% |
| Transfer from tax-exempt reserves789 | - | - | - | €4,335 | - | - |
| Profit (loss) for the period to be appropriated9905 | €74,384 | €109,630 | -€100,735 | €35,276 | €32,478 | ▼ 7.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €890,098 | €1.0m | €561,289 | €441,816 | €448,296 | ▲ 1.5% |
| Fixed assets21/28 | €341,008 | €337,431 | €94,182 | €27,377 | €193 | ▼ 99.3% |
| Intangible fixed assets21 | €5,509 | €8,109 | €11,021 | €7,941 | - | - |
| Tangible fixed assets22/27 | €329,257 | €323,079 | €77,968 | €14,243 | - | - |
| Land and buildings22 | - | - | €13,072 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €1,036 | - | - |
| Furniture and vehicles24 | - | - | €64,896 | €13,207 | - | - |
| Financial fixed assets28 | €6,243 | €6,243 | €5,193 | €5,193 | €193 | ▼ 96.3% |
| Current assets29/58 | €549,090 | €672,128 | €467,107 | €414,439 | €448,103 | ▲ 8.1% |
| Amounts receivable after more than one year29 | - | - | €10,000 | - | - | - |
| Trade receivables290 | - | - | €10,000 | - | - | - |
| Amounts receivable within one year40/41 | €147,758 | €141,433 | €88,278 | €22,516 | €4,723 | ▼ 79.0% |
| Trade receivables40 | - | - | €50,204 | €6,697 | €3,721 | ▼ 44.4% |
| Other amounts receivable41 | - | - | €38,074 | €15,819 | €1,002 | ▼ 93.7% |
| Current investments50/53 | - | €273,152 | €239,574 | €311,192 | - | - |
| Cash at bank and in hand54/58 | €385,679 | €242,034 | €129,254 | €80,731 | €443,380 | ▲ 449% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €890,098 | €1.0m | €561,289 | €441,816 | €448,296 | ▲ 1.5% |
| Equity10/15 | €577,604 | €686,434 | €514,860 | €408,564 | €441,042 | ▲ 7.9% |
| Contributions10/11 | - | - | €18,600 | - | - | - |
| Reserves13 | €559,004 | €667,178 | €596,339 | €473,367 | €470,507 | ▼ 0.6% |
| Tax-exempt reserves132 | - | - | €4,335 | - | - | - |
| Distributable reserves133 | - | - | €592,004 | €473,367 | €470,507 | ▼ 0.6% |
| Profit (loss) carried forward14 | - | €656 | -€100,079 | -€64,803 | -€29,465 | ▲ 54.5% |
| Amounts payable17/49 | €312,494 | €323,125 | €46,429 | €33,253 | €7,254 | ▼ 78.2% |
| Amounts payable after more than one year17 | €243,200 | €229,167 | - | - | - | - |
| Amounts payable within one year42/48 | €68,343 | €93,958 | €46,429 | €33,253 | €7,254 | ▼ 78.2% |
| Trade debts44 | €45,715 | €54,739 | €34,544 | €21,011 | €7,254 | ▼ 65.5% |
| Suppliers440/4 | - | - | €34,544 | €21,011 | €7,254 | ▼ 65.5% |
| Taxes, remuneration and social security45 | - | - | - | €113 | - | - |
| Taxes450/3 | - | - | - | €113 | - | - |
| Other amounts payable47/48 | - | - | €11,885 | €12,129 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74,555 | €109,630 | -€100,735 | €30,941 | €32,478 | ▲ 5.0% |
| + Depreciation and write-downs630 | €25,014 | €25,149 | €22,184 | €15,686 | €9,806 | ▼ 37.5% |
| Operating cash flow (approximation) | €99,569 | €134,779 | -€78,551 | €46,627 | €42,285 | ▼ 9.3% |
| Investment in fixed assets (approximation) | - | -€21,572 | €221,065 | €51,120 | €17,378 | ▼ 66.0% |
| Change in cash | - | -€143,645 | -€112,780 | -€48,523 | €362,649 | ▲ 847% |
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
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Liquidity times 5current ratio 61.77
Current ratio from 12.46 to 61.77; short-term debt falls from €33,253 to €7,254.
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €30,941
Net result €30,941 after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet -€100,735
Net result drops to -€100,735, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
03-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
2016
02-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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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Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2024 list no shareholders, and no other source names one.
Holdings 1
-
33.3%
According to the annual accounts to 30-06-2024 of SATURIZED and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
984500YAACBBF08S1T97