ACTIVE

SATIBO

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Financial year 2025 · closed on 30/06/2025

Net result

43,4 k €

+6.1% YoY

Gross margin

52,6 k €

+9.4% YoY

Equity

870,6 k €

-4.4% YoY

What does SATIBO do?

SATIBO is a Public limited company incorporated in 1993. Its registered office is in Waregem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.445.729

Incorporation

25/06/1993

Legal form

Public limited company

Registered office

Karelmeers 21
8790 Waregem · FlandreSee on map

Contributed capital

350 000,00 €

Latest accounts

30/06/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	52,6 k €	+9.4%	48,1 k €	-2.8%	49,5 k €	+7.7%	45,9 k €	+4.5%	44 k €	-0.8%	44,3 k €	+1.7%	43,6 k €	+2.1%	42,7 k €	+2.3%	41,7 k €	+1.8%	41 k €	+0.2%	40,9 k €	-4.8%	43 k €	+6.5%	40,3 k €	-43.8%	71,7 k €	+11.2%	64,5 k €	-23.6%	84,5 k €	+28.7%	65,6 k €	-14.2%	76,5 k €	+17.7%	65 k €
EBITDA	43,1 k €	+10.9%	38,9 k €	-3.0%	40,1 k €	+5.3%	38,1 k €	+5.3%	36,2 k €	-1.3%	36,6 k €	+1.6%	36,1 k €	+2.2%	35,3 k €	+2.6%	34,4 k €	+1.8%	33,8 k €	+0.2%	33,7 k €	-5.9%	35,8 k €	+7.4%	33,3 k €	-47.8%	63,8 k €	+11.2%	57,4 k €	-26.3%	77,8 k €	+31.3%	59,3 k €	-15.7%	70,3 k €	+21.2%	58 k €
Operating result	43,1 k €	+10.9%	38,9 k €	-3.0%	40,1 k €	+5.3%	38,1 k €	+5.3%	36,2 k €	-1.3%	36,6 k €	+1.6%	36,1 k €	+2.2%	35,3 k €	+2.6%	34,4 k €	+1.8%	33,8 k €	+0.2%	33,7 k €	-5.9%	35,8 k €	+351%	7,9 k €	-79.3%	38,4 k €	+20.1%	32 k €	-28.7%	44,8 k €	+70.6%	26,3 k €	-29.5%	37,3 k €	+49.1%	25 k €
Net result	43,4 k €	+6.1%	41 k €	+11.0%	36,9 k €	+18.8%	31,1 k €	+3.0%	30,2 k €	+2.3%	29,5 k €	-5.3%	31,2 k €	-5.5%	33 k €	-4.6%	34,6 k €	-11.6%	39,1 k €	+12.1%	34,9 k €	-14.1%	40,6 k €	+133%	17,4 k €	-65.1%	49,9 k €	+43.1%	34,9 k €	-22.6%	45 k €	+38.5%	32,5 k €	-18.1%	39,7 k €	+46.2%	27,1 k €
Balance sheet
Equity	870,6 k €	-4.4%	910,6 k €	+4.7%	869,7 k €	+4.4%	832,7 k €	+3.9%	801,7 k €	+0.1%	801,1 k €	+0.2%	799,7 k €	+0.2%	798,2 k €	+0.2%	796,4 k €	+0.0%	796,1 k €	+0.0%	796 k €	-0.1%	797 k €	+5.4%	756,5 k €	+2.4%	739 k €	+7.2%	689,2 k €	+5.3%	654,3 k €	+7.4%	609,2 k €	+5.6%	576,7 k €	+7.4%	537,1 k €
Total assets	930,7 k €	+0.5%	925,9 k €	+3.9%	891,5 k €	+1.2%	881,2 k €	+4.5%	842,9 k €	+0.8%	836,4 k €	+0.4%	833 k €	-0.5%	836,9 k €	-1.2%	846,8 k €	+0.2%	845,1 k €	+1.1%	835,5 k €	+3.8%	805 k €	+5.9%	760,2 k €	+1.0%	752,8 k €	+7.4%	700,9 k €	+5.3%	665,4 k €	+7.3%	620,1 k €	+5.5%	588 k €	+7.7%	545,9 k €
Cash	660,4 k €	-17.1%	796,2 k €	+4.5%	762,1 k €	+0.7%	756,5 k €	+563%	114 k €	+3.4%	110,3 k €	-1.1%	111,5 k €	-10.7%	124,9 k €	-14.8%	146,6 k €	-6.3%	156,4 k €	-2.7%	160,8 k €	+15.2%	139,6 k €	+29.2%	108 k €	+122%	48,7 k €	+152%	19,3 k €	-72.2%	69,4 k €	+83.9%	37,7 k €	+17.1%	32,2 k €	+489%	5,5 k €
Debts	50,2 k €	+772%	5,8 k €	-1.8%	5,9 k €	-82.6%	33,7 k €	+1.0%	33,4 k €	-2.8%	34,3 k €	+3.4%	33,2 k €	-14.3%	38,8 k €	-12.1%	44,1 k €	-9.9%	48,9 k €	+24.1%	39,4 k €	+396%	8 k €	+113%	3,7 k €	-72.9%	13,8 k €	+17.6%	11,7 k €	+5.5%	11,1 k €	+2.2%	10,9 k €	-0.2%	10,9 k €	+23.7%	8,8 k €
Other
Workforce	–		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 16 ended

Active mandates

FRENTEX

Managing director · since 18 décembre 2022 · until 16 décembre 2028 · 0842.513.789

Represented by Kurt DE FRENE

Active

Koen De Frene

Director · since 18 décembre 2022 · until 16 décembre 2028

Active

Kris De Frene

Director · since 18 décembre 2022 · until 16 décembre 2028

Active

Ended mandates

FRENTEX

Managing director · since 17 décembre 2016 · until 30 juin 2022 · 0842.513.789

Represented by Kurt De Frene

Ended

Koen De Frene

Director · since 17 décembre 2016 · until 30 juin 2022

Ended

Kris De Frene

Director · since 17 décembre 2016 · until 30 juin 2022

Ended

FRENTEX

Managing director · since 12 janvier 2012 · until 30 juin 2015 · 0842.513.789

Represented by Kurt De Frene

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/01/2026	20/01/2025	20/12/2023	19/12/2022	24/12/2021	20/12/2020
General meeting	27/12/2025	21/12/2024	16/12/2023	17/12/2022	18/12/2021	19/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	27/12/2025	27/01/2026	Dutch	PDF
Abridged model	30/06/2024	21/12/2024	20/01/2025	Dutch	PDF
Abridged model	30/06/2023	16/12/2023	20/12/2023	Dutch	PDF
Abridged model	30/06/2022	17/12/2022	19/12/2022	Dutch	PDF
Abridged model	30/06/2021	18/12/2021	24/12/2021	Dutch	PDF
Abridged model	30/06/2020	19/12/2020	20/12/2020	Dutch	PDF
Abridged model	30/06/2019	21/12/2019	23/12/2019	Dutch	PDF
Abridged model	30/06/2018	15/12/2018	17/12/2018	Dutch	PDF
Abridged model	30/06/2017	16/12/2017	16/12/2017	Dutch	PDF
Abridged model	30/06/2016	17/12/2016	21/12/2016	Dutch	PDF
Abridged model	30/06/2015	19/12/2015	21/12/2015	Dutch	PDF
Abridged model	30/06/2014	20/12/2014	23/12/2014	Dutch	PDF
Abridged model	30/06/2013	21/12/2013	22/12/2013	Dutch	PDF
Abridged model	30/06/2012	15/12/2012	15/12/2012	Dutch	PDF
Abridged model	30/06/2011	17/12/2011	21/12/2011	Dutch	PDF
Abridged model	30/06/2010	18/12/2010	23/12/2010	Dutch	PDF
Abridged model	30/06/2009	19/12/2009	24/12/2009	Dutch	PDF
Abridged model	30/06/2008	15/12/2008	16/12/2008	Dutch	PDF
Abridged model	30/06/2007	15/12/2007	19/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 16 ended

Active mandates

FRENTEX

Managing director · since 18 décembre 2022 · until 16 décembre 2028 · 0842.513.789

Represented by Kurt DE FRENE

Active

Koen De Frene

Director · since 18 décembre 2022 · until 16 décembre 2028

Active

Kris De Frene

Director · since 18 décembre 2022 · until 16 décembre 2028

Active

Ended mandates

FRENTEX

Managing director · since 17 décembre 2016 · until 30 juin 2022 · 0842.513.789

Represented by Kurt De Frene

Ended

Koen De Frene

Director · since 17 décembre 2016 · until 30 juin 2022

Ended

Kris De Frene

Director · since 17 décembre 2016 · until 30 juin 2022

Ended

FRENTEX

Managing director · since 12 janvier 2012 · until 30 juin 2015 · 0842.513.789

Represented by Kurt De Frene

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/03/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/12/2010
ONTSLAGEN - BENOEMINGEN
PDF
Other17/09/2010
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares19/12/2006
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates03/01/2005
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202543,4 k €↑
2024
Annual accounts 202441 k €↑
2023
Annual accounts 202336,9 k €↑
2022
Annual accounts 202231,1 k €↑
2021
Annual accounts 202130,2 k €↑
2020
Annual accounts 202029,5 k €↓
2019
Annual accounts 201931,2 k €↓
2018
Annual accounts 201833 k €↓
2017
Annual accounts 201734,6 k €↓
2016
Annual accounts 201639,1 k €↑
2015
Annual accounts 201534,9 k €↓
2014
Annual accounts 201440,6 k €↑
2013
Annual accounts 201317,4 k €↓
2012
Annual accounts 201249,9 k €↑
2011
Annual accounts 201134,9 k €↓
2010
Annual accounts 201045 k €↑
2009
Annual accounts 200932,5 k €↓
2008
Annual accounts 200839,7 k €↑
2007
Annual accounts 200727,1 k €
25/06/1993
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SATIBO

Overview

What does SATIBO do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline