Financials
Financial year 2025
SATIBO from Waregem, company number BE0450445729, closed financial year 2025 with a result of € 43,448 after tax. For that financial year SATIBO recorded a gross margin of € 52,623 and equity of € 870,569. Compared with financial year 2024, the result moved from € 40,957 to € 43,448. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 27, 2026.
€ 870,569
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,448
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 660,365
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 83,486 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,174
▲ 44% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 45,945 | € 49,461 | € 48,083 | € 52,623 | ▲ 9% |
| Profit after taxes | € 31,081 | € 36,913 | € 40,957 | € 43,448 | ▲ 6% |
| Equity | € 832,739 | € 869,651 | € 910,608 | € 870,569 | ▼ 4% |
| Total debts | € 48,446 | € 21,838 | € 15,261 | € 60,107 | ▲ 294% |
| Cash | € 756,504 | € 762,135 | € 796,216 | € 660,365 | ▼ 17% |
| Land & buildings | € 122,459 | € 122,459 | € 122,459 | € 122,459 | |
| Retained profit | € 482,739 | € 519,651 | € 560,608 | € 520,569 | ▼ 7% |
| Dividend | € 0 | € 0 | € 0 | € 83,486 | |
| Balance sheet total | € 881,185 | € 891,489 | € 925,869 | € 930,676 | ▲ 1% |
Key figures of SATIBO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SATIBO?
What happened at SATIBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FRENTEX stepped down as director. NBB
- Kris De Frene stepped down as director. NBB
- Koen De Frene stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 43,448 (▲ 6% vs 2024). Source: NBB ↗
- FRENTEX became a director. NBB
- Kris De Frene became a director. NBB
- Koen De Frene became a director. NBB
- New establishment in Waregem. KBO
In short
From € 31,081 profit in 2022 to € 43,448 profit in 2025.
Paid € 50,975 in corporate taxes since 2022.
Best year ever: 2025, with € 43,448 profit.
Paid out € 83,486 in dividends to the owners in total.
Management
The stake of FRENTEX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SATIBOThe shares are held by FRENTEX (99.9%).
Directors
According to the 2025 annual accounts
Shareholders
FRENTEX · holding of Koen De Frene
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Karelmeers 21
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.445.729
- VAT number
- BE 0450.445.729
- Registered office
- Karelmeers 21, 8790 Waregem
- Names & denominations
- SATIBO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1993
- Peppol
- Active · Active since 2 Dec 2025