What is the address of SATIBO?

The registered office of SATIBO is located at Karelmeers 21, 8790 Waregem.

Is SATIBO still active?

Yes. According to the CBE (30 October 2026) SATIBO is active, legal situation “Normale toestand”, started on 25 June 1993.

Is SATIBO registered on Peppol?

Yes, SATIBO is registered on the Peppol network with ID 0208:0450445729.

What is the enterprise number of SATIBO?

The enterprise number of SATIBO is BE0450445729.

When was SATIBO founded?

SATIBO was founded on 25 June 1993.

Who are the directors of SATIBO?

According to the 2025 annual accounts, the directors of SATIBO are: FRENTEX, Kris De Frene, Koen De Frene.

Is SATIBO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 June 1993; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did SATIBO make in 2025?

SATIBO posted a profit after taxes of € 43,448 in financial year 2025.

What is the revenue of SATIBO?

As a small company, SATIBO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 52,623.

SATIBO (Public Limited) - Waregem - BE0450445729

Dossier SATIBO, printed on 30 October 2026 from databakkes.be/en/0450445729/satibo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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.

What it is worth Healthy

€ 870,569

▼ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 43,448

▲ 6% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 660,365

▼ 17% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 83,486 paid out

More than the year’s profit went to the shareholders; reserves fell.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Taxes

€ 3,174

▲ 44% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 45,945 Gross margin 2022: € 45,945 First fiscal year in the series	€ 49,461 Gross margin 2023: € 49,461 ▲ 8% vs 2022 (€ 45,945) Favourable step	€ 48,083 Gross margin 2024: € 48,083 ▼ 3% vs 2023 (€ 49,461) Unfavourable step	€ 52,623 Gross margin 2025: € 52,623 ▲ 9% vs 2024 (€ 48,083) Favourable step	▲ 9%
Profit after taxes	€ 31,081 Profit after taxes 2022: € 31,081 First fiscal year in the series	€ 36,913 Profit after taxes 2023: € 36,913 ▲ 19% vs 2022 (€ 31,081) Favourable step	€ 40,957 Profit after taxes 2024: € 40,957 ▲ 11% vs 2023 (€ 36,913) Favourable step	€ 43,448 Profit after taxes 2025: € 43,448 ▲ 6% vs 2024 (€ 40,957) Favourable step	▲ 6%
Equity	€ 832,739 Equity 2022: € 832,739 First fiscal year in the series	€ 869,651 Equity 2023: € 869,651 ▲ 4% vs 2022 (€ 832,739) Favourable step	€ 910,608 Equity 2024: € 910,608 ▲ 5% vs 2023 (€ 869,651) Favourable step	€ 870,569 Equity 2025: € 870,569 ▼ 4% vs 2024 (€ 910,608) Unfavourable step	▼ 4%
Total debts	€ 48,446 Total debts 2022: € 48,446 First fiscal year in the series	€ 21,838 Total debts 2023: € 21,838 ▼ 55% vs 2022 (€ 48,446) Favourable step	€ 15,261 Total debts 2024: € 15,261 ▼ 30% vs 2023 (€ 21,838) Favourable step	€ 60,107 Total debts 2025: € 60,107 ▲ 294% vs 2024 (€ 15,261) Unfavourable step	▲ 294%
Cash	€ 756,504 Cash 2022: € 756,504 First fiscal year in the series	€ 762,135 Cash 2023: € 762,135 ▲ 1% vs 2022 (€ 756,504) Favourable step	€ 796,216 Cash 2024: € 796,216 ▲ 4% vs 2023 (€ 762,135) Favourable step	€ 660,365 Cash 2025: € 660,365 ▼ 17% vs 2024 (€ 796,216) Unfavourable step	▼ 17%
Land & buildings	€ 122,459 Land & buildings 2022: € 122,459 First fiscal year in the series	€ 122,459 Land & buildings 2023: € 122,459 Unchanged (€ 122,459) Unchanged	€ 122,459 Land & buildings 2024: € 122,459 Unchanged (€ 122,459) Unchanged	€ 122,459 Land & buildings 2025: € 122,459 Unchanged (€ 122,459) Unchanged
Retained profit	€ 482,739 Retained profit 2022: € 482,739 First fiscal year in the series	€ 519,651 Retained profit 2023: € 519,651 ▲ 8% vs 2022 (€ 482,739) Favourable step	€ 560,608 Retained profit 2024: € 560,608 ▲ 8% vs 2023 (€ 519,651) Favourable step	€ 520,569 Retained profit 2025: € 520,569 ▼ 7% vs 2024 (€ 560,608) Unfavourable step	▼ 7%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 83,486 Dividend 2025: € 83,486 Unchanged (€ 0) Unchanged
Balance sheet total	€ 881,185 Balance sheet total 2022: € 881,185 First fiscal year in the series	€ 891,489 Balance sheet total 2023: € 891,489 ▲ 1% vs 2022 (€ 881,185) Unchanged	€ 925,869 Balance sheet total 2024: € 925,869 ▲ 4% vs 2023 (€ 891,489) Unchanged	€ 930,676 Balance sheet total 2025: € 930,676 ▲ 1% vs 2024 (€ 925,869) Unchanged	▲ 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:

2028 FRENTEX stepped down as director. NBB
2028 Kris De Frene stepped down as director. NBB
2028 Koen De Frene stepped down as director. NBB
Jan 27, 2026 New annual accounts for financial year 2025: profit of € 43,448 (▲ 6% vs 2024). Source: NBB ↗
2022 FRENTEX became a director. NBB
2022 Kris De Frene became a director. NBB
2022 Koen De Frene became a director. NBB
Jul 30, 1993 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.

Original PDFs at the National Bank ↗

Management

FRENTEX 99.9%

The stake of FRENTEX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SATIBO

The shares are held by FRENTEX (99.9%).

Directors

According to the 2025 annual accounts

FRENTEX

Managing director · represented by Kurt DE FRENE

Also active at: Satinex

since 2022 · until 2028

Kris De Frene

Director

since 2022 · until 2028

Koen De Frene

Director

Holds a stake via FRENTEX

Also active at: Satinex, FRENTEX

since 2022 · until 2028

Shareholders

FRENTEX · holding of Koen De Frene

99.9%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

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

View on CBE Public ↗ Annual accounts (NBB) ↗

SATIBO

Financials

What happened to SATIBO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions