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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
SPACENET SATELLITE SYSTEMS from Ninove, company number BE0456498430, closed financial year 2025 with a result of € -1,856 after tax. For that financial year SPACENET SATELLITE SYSTEMS recorded a gross margin of € 6,020 and equity of € 57,621. Compared with financial year 2024, the result moved from € -2,565 to € -1,856. The company made a loss. 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 February 2, 2026.
€ 57,621
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,856
▲ 28 % less loss than in 2024
Profit after tax over the fiscal year.
€ 70
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -22,944.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,330 | € 5,629 | € 5,886 | € 6,020 | ▲ 2% |
| Profit after taxes | € -2,202 | € -2,681 | € -2,565 | € -1,856 | ▲ € 709 |
| Equity | € 64,723 | € 62,042 | € 59,477 | € 57,621 | ▼ 3% |
| Total debts | € 32,348 | € 28,231 | € 24,554 | € 20,955 | ▼ 15% |
| Cash | € 315 | - | - | € 70 | |
| Land & buildings | € 46,933 | € 44,067 | € 41,225 | € 39,100 | ▼ 5% |
| Retained profit | € -15,842 | € -18,523 | € -21,088 | € -22,944 | ▼ € 1,856 |
| Bank debt | € 0 | € 40 | € 0 | € 0 | |
| Balance sheet total | € 97,920 | € 91,122 | € 84,880 | € 79,425 | ▼ 6% |
Key figures of SPACENET SATELLITE SYSTEMS, 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 SPACENET SATELLITE SYSTEMS?
What happened at SPACENET SATELLITE SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,856. Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,202 loss in 2022 to € 1,856 loss in 2025.
Establishments
Establishment units
Physical locations of this company
Halsesteenweg 195-197
9402 Ninove
Halsesteenweg 195
9402 Ninove
Active since 4 January 1996
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0456.498.430
- VAT number
- BE 0456.498.430
- Registered office
- Halsesteenweg 195-197, 9402 Ninove
- Names & denominations
- SPACENET SATELLITE SYSTEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 1995
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- finito.be