What does Formula sat do?

Formula sat is a wholesaler in Waterloo. Private Limited, started on 4 July 2011, 1 establishment.

What is the address of Formula sat?

The registered office of Formula sat is located at Avenue du Longchamp 3, 1410 Waterloo.

Is Formula sat still active?

Yes. According to the CBE (29 October 2026) Formula sat is active, legal situation “Normale toestand”, started on 4 July 2011.

Is Formula sat registered on Peppol?

Yes, Formula sat is registered on the Peppol network with ID 0208:0837520170.

What is the enterprise number of Formula sat?

The enterprise number of Formula sat is BE0837520170.

When was Formula sat founded?

Formula sat was founded on 4 July 2011.

Who are the directors of Formula sat?

According to the 2025 annual accounts, the directors of Formula sat are: MAURIZIO TROIANI.

Is Formula sat a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 July 2011; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did Formula sat make in 2025?

Formula sat recorded a loss after taxes of € 44,643 in financial year 2025.

What is the revenue of Formula sat?

In its most recent annual accounts (2025), Formula sat reported revenue of € 131,821.

Does Formula sat have a website?

Yes, Formula sat has a website at formula-sat.be.

Formula sat (Private Limited) - Waterloo - BE0837520170

Dossier Formula sat, printed on 29 October 2026 from databakkes.be/en/0837520170/formula-sat. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

Formula sat from Waterloo, company number BE0837520170, closed financial year 2025 with a result of € -44,643 after tax. For that financial year Formula sat recorded revenue of € 131,821 and equity of € 171,872. Compared with financial year 2024, the result moved from € -45,508 to € -44,643. 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 October 19, 2026.

What it is worth Healthy

€ 171,872

▼ 21% vs 2024

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

Loss Caution

€ -44,643

▲ 2 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 32,917

▼ 65% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 165,672.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 53,245

▲ 7% 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.

Vehicles and equipment

€ 1,597

▼ 20% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 24,802

▼ 35% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 5,340

▲ 16% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 444,255 Revenue 2022: € 444,255 First fiscal year in the series	€ 300,699 Revenue 2023: € 300,699 ▼ 32% vs 2022 (€ 444,255) Unfavourable step	€ 196,489 Revenue 2024: € 196,489 ▼ 35% vs 2023 (€ 300,699) Unfavourable step	€ 131,821 Revenue 2025: € 131,821 ▼ 33% vs 2024 (€ 196,489) Unfavourable step	▼ 33%
Gross margin	€ 96,277 Gross margin 2022: € 96,277 First fiscal year in the series	€ 64,915 Gross margin 2023: € 64,915 ▼ 33% vs 2022 (€ 96,277) Unfavourable step	€ 28,369 Gross margin 2024: € 28,369 ▼ 56% vs 2023 (€ 64,915) Unfavourable step	€ 17,417 Gross margin 2025: € 17,417 ▼ 39% vs 2024 (€ 28,369) Unfavourable step	▼ 39%
Profit after taxes	€ 26,804 Profit after taxes 2022: € 26,804 First fiscal year in the series	€ -11,606 Profit after taxes 2023: € -11,606 ▼ € 38,410 vs 2022 (€ 26,804) Unfavourable step	€ -45,508 Profit after taxes 2024: € -45,508 ▼ € 33,902 vs 2023 (€ -11,606) Unfavourable step	€ -44,643 Profit after taxes 2025: € -44,643 ▲ € 865 vs 2024 (€ -45,508) Favourable step	▲ € 865
Equity	€ 273,629 Equity 2022: € 273,629 First fiscal year in the series	€ 262,023 Equity 2023: € 262,023 ▼ 4% vs 2022 (€ 273,629) Unfavourable step	€ 216,515 Equity 2024: € 216,515 ▼ 17% vs 2023 (€ 262,023) Unfavourable step	€ 171,872 Equity 2025: € 171,872 ▼ 21% vs 2024 (€ 216,515) Unfavourable step	▼ 21%
Total debts	€ 128,678 Total debts 2022: € 128,678 First fiscal year in the series	€ 79,636 Total debts 2023: € 79,636 ▼ 38% vs 2022 (€ 128,678) Favourable step	€ 51,097 Total debts 2024: € 51,097 ▼ 36% vs 2023 (€ 79,636) Favourable step	€ 34,679 Total debts 2025: € 34,679 ▼ 32% vs 2024 (€ 51,097) Favourable step	▼ 32%
Cash	€ 190,334 Cash 2022: € 190,334 First fiscal year in the series	€ 168,524 Cash 2023: € 168,524 ▼ 11% vs 2022 (€ 190,334) Unfavourable step	€ 94,372 Cash 2024: € 94,372 ▼ 44% vs 2023 (€ 168,524) Unfavourable step	€ 32,917 Cash 2025: € 32,917 ▼ 65% vs 2024 (€ 94,372) Unfavourable step	▼ 65%
Retained profit	€ 267,429 Retained profit 2022: € 267,429 First fiscal year in the series	€ 255,823 Retained profit 2023: € 255,823 ▼ 4% vs 2022 (€ 267,429) Unfavourable step	€ 210,315 Retained profit 2024: € 210,315 ▼ 18% vs 2023 (€ 255,823) Unfavourable step	€ 165,672 Retained profit 2025: € 165,672 ▼ 21% vs 2024 (€ 210,315) Unfavourable step	▼ 21%
Balance sheet total	€ 402,307 Balance sheet total 2022: € 402,307 First fiscal year in the series	€ 341,659 Balance sheet total 2023: € 341,659 ▼ 15% vs 2022 (€ 402,307) Unchanged	€ 267,612 Balance sheet total 2024: € 267,612 ▼ 22% vs 2023 (€ 341,659) Unchanged	€ 206,551 Balance sheet total 2025: € 206,551 ▼ 23% vs 2024 (€ 267,612) Unchanged	▼ 23%

Key figures of Formula sat, 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 Formula sat?

What happened at Formula sat in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 19, 2026 New annual accounts for financial year 2025: loss of € 44,643. filed late Source: NBB ↗
Jul 4, 2011 New establishment in Waterloo. KBO
Jul 4, 2011 Start of the company according to the CBE. KBO

In short

From € 26,804 profit in 2022 to € 44,643 loss in 2025.

Paid € 55,926 in corporate taxes since 2022.

Best year ever: 2022, with € 26,804 profit.

Original PDFs at the National Bank ↗

Management

MAURIZIO TROIANI

Formula sat

EURECA BENELUX

Behind Formula sat is MAURIZIO TROIANI. MAURIZIO TROIANI is also behind EURECA BENELUX.

Directors

According to the 2025 annual accounts

MAURIZIO TROIANI

Director

Also active at: EURECA BENELUX

Establishments

Establishment units

Physical locations of this company

Registered office

Avenue du Longchamp 3

1410 Waterloo

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

EURECA BENELUX same network

€ 227,401 revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS formula-sat.be

Technologies

BootstrapFont AwesomeNginxPHPSwiperjsDelivrlazysizesreCAPTCHA

Hosting & Email

Email provider

Self-hosted

Hosting

SEWAN-, FR

DNS

OVH DNS

Website info

HTTPS Ja

Languages FR

Features

Newsletter

Security

✓ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0837.520.170

VAT number

BE 0837.520.170

Registered office

Avenue du Longchamp 3, 1410 Waterloo

Names & denominations

Formula sat

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

4 July 2011

Peppol

Active · Active since 23 Jan 2026

Contact

formula-sat.be 0473 424 945

Activities · NACE

Groothandel in elektrisch materiaal, inclusief installatiemateriaal

Algemene elektrotechnische installatiewerken

Groothandel in elektrische huishoudelijke apparaten en audio- en videoapparatuur

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Handelsbemiddeling in de niet-gespecialiseerde groothandel

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

View on CBE Public ↗ Annual accounts (NBB) ↗

Formula sat

Warning lights

Financials

What happened to Formula sat?

Management

Directors

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions