Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SATRAD from Sint-Jans-Molenbeek, company number BE0429551830, closed financial year 2025 with a result of € 69,889 after tax. For that financial year SATRAD recorded a gross margin of € 232,311 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 56,420 to € 69,889. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 1.4 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,889
▲ 24% vs 2024
Profit after tax over the fiscal year.
€ 22,774
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.3 million.
People and assets in 2025
€ 360
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▲ 4% vs 2024
€ 185,250 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 5,899
▲ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 217,913 | € 196,180 | € 205,976 | € 232,311 | ▲ 13% |
| Profit after taxes | € 52,505 | € 8,586 | € 56,420 | € 69,889 | ▲ 24% |
| Equity | € 1,217,808 | € 1,250,368 | € 1,306,789 | € 1,376,678 | ▲ 5% |
| Total debts | € 2,516,920 | € 2,406,549 | € 2,394,072 | € 2,506,697 | ▲ 5% |
| Cash | € 18,107 | € 868 | € 17,963 | € 22,774 | ▲ 27% |
| Land & buildings | € 4,221,236 | € 4,101,226 | € 4,151,462 | € 4,022,782 | ▼ 3% |
| Retained profit | € 1,118,650 | € 1,151,211 | € 1,207,631 | € 1,277,521 | ▲ 6% |
| Bank debt | € 2,513,820 | € 2,396,623 | € 2,215,377 | € 2,300,058 | ▲ 4% |
| Balance sheet total | € 4,382,050 | € 4,280,265 | € 4,300,235 | € 4,458,775 | ▲ 4% |
Key figures of SATRAD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SATRAD?
What happened at SATRAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 69,889 (▲ 24% vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Jans-Molenbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,505 profit in 2022 to € 69,889 profit in 2025.
Paid € 18,478 in corporate taxes since 2022.
Best year ever: 2025, with € 69,889 profit.
Establishments
Establishment units
Physical locations of this company
Nijverheidskaai 55
1080 Sint-Jans-Molenbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.551.830
- VAT number
- BE 0429.551.830
- Registered office
- Nijverheidskaai 55, 1080 Sint-Jans-Molenbeek
- Names & denominations
- SATRAD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1986
- Peppol
- Not registered
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen