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 50 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
31 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Satellic from Machelen (Brab.), company number BE0556799596, closed financial year 2025 with a result of € 27.2 million after tax. For that financial year Satellic recorded revenue of € 113.1 million and equity of € 39.1 million. Compared with financial year 2024, the result moved from € 35.2 million to € 27.2 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 39.1 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27.2 million
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 20.9 million
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 27.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
69.6
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 8.2 million
▲ 10% vs 2024
€ 118,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 74,666
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 12.4 million
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.
€ 1.6 million
▲ 37% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 133,467,762 | € 130,850,492 | € 121,262,460 | € 113,099,582 | ▼ 7% |
| Profit after taxes | € 32,729,787 | € 37,510,838 | € 35,208,540 | € 27,170,870 | ▼ 23% |
| Equity | € 21,680,269 | € 31,691,107 | € 39,399,647 | € 39,070,518 | ▼ 1% |
| Total debts | € 159,476,753 | € 119,333,318 | € 110,130,599 | € 105,012,280 | ▼ 5% |
| Cash | € 23,144,396 | € 15,922,540 | € 17,779,100 | € 20,883,832 | ▲ 17% |
| Retained profit | € 11,680,269 | € 21,691,107 | € 29,399,647 | € 29,070,518 | ▼ 1% |
| Dividend | € 27,500,000 | € 27,500,000 | € 27,500,000 | € 27,500,000 | |
| Bank debt | € 26,852,318 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 181,157,022 | € 151,024,425 | € 149,530,246 | € 144,082,798 | ▼ 4% |
| Employees (FTE) | 71.4 | 68.5 | 70.2 | 69.6 | ▼ 0.6 |
Key figures of Satellic, 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 Satellic?
What happened at Satellic in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stefan Propst stepped down as director. NBB
- Thomas Pferr stepped down as director. NBB
- Igor Soczynski stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 27.2 million (▼ 23% vs 2024). Source: NBB ↗
- Thomas Pferr became a director. NBB
- Igor Soczynski became a director. NBB
- Stefan Propst became a director. NBB
- New establishment in Machelen (Brab.). KBO
In short
From € 32.7 million profit in 2022 to € 27.2 million profit in 2025.
Paid € 44.8 million in corporate taxes since 2022.
Best year ever: 2023, with € 37.5 million profit.
Paid out € 110 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
since 2024 · until 2027
since 2024 · until 2027
Stefan Propst
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Leonardo da Vincilaan 19
1831 Machelen (Brab.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 31 companies are registered at this address.
All companies at this address →CHEVRON PHILLIPS CHEMICALS INTERNATIONAL
€ 1.5 billion revenue · 2025
CGI Belgium
€ 24.4 million revenue · 2025
STRYKER
€ 61.1 million revenue · 2025
TARGUS
€ 206,352 gross margin · 2025
ARCADIUS
€ 32,203 gross margin · 2025
+26 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
DNS
AWS Route 53
Website info
Features
Security
Details
- Company number
- 0556.799.596
- VAT number
- BE 0556.799.596
- Registered office
- Leonardo da Vincilaan 19, 1831 Machelen (Brab.)
- Names & denominations
- Satellic
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 July 2014
- Peppol
- Active · Active since 14 Oct 2025
- Contact
- satellic.be
- Activities · NACE
Overige zakelijke dienstverlening, neg
Overige activiteiten op het gebied van telecommunicatie
Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet
Telecommunicatie via satelliet