Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SATERPA from Genappe, company number BE0474525879, closed financial year 2025 with a result of € -63,224 after tax. For that financial year SATERPA recorded a gross margin of € -17,964 and equity of € 14,007. Compared with financial year 2024, the result moved from € 2,156 to € -63,224. The company made a loss. The buffer shrank hard: equity is 89 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 14,007
▼ 89% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -63,224
▼ still € 2,156 profit in 2024
Profit after tax over the fiscal year.
€ 3,933
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -47,993.
People and assets in 2025
€ 1,734
▼ 1% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 35,449
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16,667
▼ 63% vs 2024
€ 11,572 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 5,392
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,837
▼ 28% 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 | € 200,071 | € 118,249 | € 101,907 | € -17,964 | ▼ € 119,871 |
| Profit after taxes | € 78,378 | € 6,246 | € 2,156 | € -63,224 | ▼ € 65,380 |
| Equity | € 200,333 | € 206,580 | € 127,598 | € 14,007 | ▼ 89% |
| Total debts | € 214,612 | € 128,617 | € 102,218 | € 90,946 | ▼ 11% |
| Cash | € 71,082 | € 137,718 | € 113,508 | € 3,933 | ▼ 97% |
| Retained profit | € 138,333 | € 144,580 | € 65,598 | € -47,993 | ▼ € 113,591 |
| Dividend | € 27,397 | € 0 | € 81,138 | € 50,000 | ▼ 38% |
| Bank debt | € 149,834 | € 92,973 | € 45,050 | € 16,667 | ▼ 63% |
| Balance sheet total | € 414,946 | € 335,197 | € 229,816 | € 104,953 | ▼ 54% |
Key figures of SATERPA, 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 SATERPA?
What happened at SATERPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 63,224 (▼ € 65,380 vs 2024). filed late Source: NBB ↗
- New establishment in Genappe. KBO
- Start of the company according to the CBE. KBO
- José DAUSSAINT became a director. NBB
- Joëlle MODAVE became a director. NBB
In short
From € 78,378 profit in 2022 to € 63,224 loss in 2025.
Paid € 42,906 in corporate taxes since 2022.
Best year ever: 2022, with € 78,378 profit.
Paid out € 158,535 in dividends to the owners in total.
Management
Behind SATERPA are José DAUSSAINT and Joëlle MODAVE.
Directors
According to the 2025 annual accounts
José DAUSSAINT
Managing director
since 2001
Joëlle MODAVE
Chairman of the board
since 2001
Establishments
Establishment units
Physical locations of this company
Chemin de Wavre 36
1470 Genappe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.525.879
- VAT number
- BE 0474.525.879
- Registered office
- Chemin de Wavre 36, 1470 Genappe
- Names & denominations
- SATERPA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 April 2001
- Peppol
- Not registered
- Activities · NACE
Bouwrijp maken van terreinen
Grondverzet
Landschapsverzorging
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Verhuur en lease van landbouwmachines en -werktuigen
Overige gespecialiseerde bouwactiviteiten, neg
Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
+3