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SATYVO

Active
Public limited companyfounded 20223 yrs activeRoute de Chôdes 38, 4960 Malmedy, BelgiumKBO/BCE: BE 0791.828.816
Summary

The computed 12-month bankruptcy probability of SATYVO is 2.8% (moderate). The 2025 annual accounts show equity of €57,117 and a net result of -€1,477. Equity is shrinking by ~4.4% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability39▲+23
Solvency80▲+1
Growth58=
Track record94
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 15.02 against 1.58 in 2024; short-term debt: 0.4% and cash: 6.4% of total assets), and 44.7% 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
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Solvency, return and age of the figures
Solvency
55.3%
Return on assets
-1.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€1,477
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-05-2026, 72 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
72 d early
2024
43 d early
2023
70 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 62 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 (2)
neutral · 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 23 May (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

On 4 October 2022, SATYVO was incorporated as a Public limited company.1 Total assets went from EUR 119,135 in 2023 to EUR 103,357 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€57,117▼ 2.5%
2024 · €58,594
Total assets
€103,357▼ 5.4%
2024 · €109,281
Net result
-€1,477▲ 60.2%
2024 · -€3,712
Working capital
€6,184▲ 80.8%
2024 · €3,419
Trend over the years
In euros
In euros
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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€21,647--€3,096▲ 85.7%-€417▲ 86.5%
Net result-€21,694--€3,712▲ 82.9%-€1,477▲ 60.2%
Equity€62,306-€58,594▼ 6.0%€57,117▼ 2.5%
Total assets€119,135-€109,281▼ 8.3%€103,357▼ 5.4%
Debt€56,829-€50,687▼ 10.8%€46,240▼ 8.8%
Working capital€15,089-€3,419▼ 77.3%€6,184▲ 80.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2023: -€21,647-€21,647Net result 2023: -€21,694-€21,694Operating result 2024: -€3,096-€3,096Net result 2024: -€3,712-€3,712Operating result 2025: -€417-€417Net result 2025: -€1,477-€1,477202320242025-€30,000-€20,000-€10,000€0Operating result 2023: -€21,647-€21,600Net result 2023: -€21,694-€21,700Operating result 2024: -€3,096-€3,100Net result 2024: -€3,712-€3,710Operating result 2025: -€417-€417Net result 2025: -€1,477-€1,480202320242025
The operating result stays negative: a loss of €417 in 2025 against €3,096 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103,357
Fixed assets €96,732 ▼ 3.2%
Current assets €6,625 ▼ 28.8%
Equity and liabilities €103,357
Equity €57,117 ▼ 2.5%
Debt €46,240 ▼ 8.8%
Debt's share of the balance-sheet total falls from 46.4% to 44.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,825▲
2024 · €146
Cash flow
€1,766▲
2024 · -€470
Current ratio
15.02▲
2024 · 1.58
Debt to equity
0.81▼
2024 · 0.87
ROE
-2.6%▲
2024 · -6.3%
ROA
-1.4%▲
2024 · -3.4%
Interest coverage
2.67▲
2024 · 0.24
Debt ≤ 1 year
€441▼
2024 · €5,887
Debt > 1 year
€45,799▲
2024 · €44,800
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.2% went bankrupt
5.9% stopped otherwise
92% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,146 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€109,281€103,357▼
Fixed assets21/28€99,975€96,732▼
Tangible fixed assets22/27€99,975€96,732▼
Land and buildings22€99,975€96,732▼
Current assets29/58€9,306€6,625▼
Amounts receivable within one year40/41€998-
Trade receivables40€998-
Cash at bank and in hand54/58€8,308€6,625▼
Equity and liabilities
Total equity and liabilities10/49€109,281€103,357▼
Equity10/15€58,594€57,117▼
Contributions10/11€84,000€84,000=
Capital10€84,000€84,000=
Issued capital100€84,000€84,000=
Profit (loss) carried forward14-€25,406-€26,883▼
Amounts payable17/49€50,687€46,240▼
Amounts payable after more than one year17€44,800€45,799▲
Financial debts170/4€44,800€45,799▲
Amounts payable within one year42/48€5,887€441▼
Trade debts44€5,887€441▼
Suppliers440/4€5,887€441▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,242€3,242=
Gross operating margin9900€146€2,825▲
Operating profit (loss)9901-€3,096-€417▲
Financial charges65/66B€616€1,060▲
Recurring financial charges65€616€1,060▲
Profit (loss) for the period before taxes9903-€3,712-€1,477▲
Profit (loss) for the period9904-€3,712-€1,477▲
Profit (loss) for the period to be appropriated9905-€3,712-€1,477▲
Appropriation of the result
Profit (loss) to be appropriated9906-€25,406-€26,883▼
Profit (loss) brought forward from the previous period14P-€21,694-€25,406▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,783€3,242€3,242=
Gross operating margin9900-€17,864€146€2,825▲ 1,832%
Operating profit (loss)9901-€21,647-€3,096-€417▲ 86.5%
Financial charges65/66B€47€616€1,060▲ 72.1%
Recurring financial charges65€47€616€1,060▲ 72.1%
Profit (loss) for the period before taxes9903-€21,694-€3,712-€1,477▲ 60.2%
Profit (loss) for the period9904-€21,694-€3,712-€1,477▲ 60.2%
Profit (loss) for the period to be appropriated9905-€21,694-€3,712-€1,477▲ 60.2%
Line202320242025Change
Assets
Total assets20/58€119,135€109,281€103,357▼ 5.4%
Fixed assets21/28€103,217€99,975€96,732▼ 3.2%
Tangible fixed assets22/27€103,217€99,975€96,732▼ 3.2%
Land and buildings22€103,217€99,975€96,732▼ 3.2%
Current assets29/58€15,918€9,306€6,625▼ 28.8%
Amounts receivable within one year40/41-€998--
Trade receivables40-€998--
Cash at bank and in hand54/58€15,744€8,308€6,625▼ 20.3%
Deferred charges and accrued income490/1€173---
Equity and liabilities
Total equity and liabilities10/49€119,135€109,281€103,357▼ 5.4%
Equity10/15€62,306€58,594€57,117▼ 2.5%
Contributions10/11€84,000€84,000€84,000=
Capital10€84,000€84,000€84,000=
Issued capital100€84,000€84,000€84,000=
Profit (loss) carried forward14-€21,694-€25,406-€26,883▼ 5.8%
Amounts payable17/49€56,829€50,687€46,240▼ 8.8%
Amounts payable after more than one year17€56,000€44,800€45,799▲ 2.2%
Financial debts170/4€56,000€44,800€45,799▲ 2.2%
Amounts payable within one year42/48€829€5,887€441▼ 92.5%
Trade debts44€829€5,887€441▼ 92.5%
Suppliers440/4€829€5,887€441▼ 92.5%
Line202320242025Change
Profit (loss) for the period9904-€21,694-€3,712-€1,477▲ 60.2%
+ Depreciation and write-downs630€3,783€3,242€3,242=
Operating cash flow (approximation)-€17,911-€470€1,766▲ 476%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€7,436-€1,684▲ 77.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Liquidity times 10current ratio 15.02
Current ratio from 1.58 to 15.02; short-term debt falls from €5,887 to €441.
18-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
22-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Malmedy · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,303 m²
Building footprint
66 m²
Volume, LiDAR
506 m³
Parcel 63049B0365/00V000, Wallonia · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
SATYVO
Route de Chôdes 38, 4960 MalmedyReal estate activities
since 20222.340.517.453
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63049B0365/00V000 Wallonia 1,303 m² 1 · 66 m² 9.1 m · 3 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.

Identification & contact

Identification
Legal formPublic limited company
Founded04-10-2022
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0791828816
Also 9925:BE0791828816
Registered 16-01-2026

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.