ACTIVE

SATIM

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Financial year 2024 · closed on 31/12/2024

Net result

82,5 k €

+160.6% YoY

Gross margin

668,2 k €

+42.3% YoY

Equity

746,7 k €

+12.4% YoY

Workforce

6,6 ETP

-23.3% YoY

What does SATIM do?

SATIM is a Private limited company incorporated in 1999. Its main activity is: Electrical installation. Its registered office is in Manage. It employs on average 6,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0465.675.719

Incorporation

19/03/1999

Legal form

Private limited company

Registered office

Chemin du Prieuré 11
7170 Manage · WallonieSee on map

Contributed capital

88 534,90 €

Latest accounts

31/12/2024

Average workforce

6,6 ETP

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 45310Wholesale trade of motor vehicle parts and accessories

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	668,2 k €	+42.3%	469,5 k €	+4.4%	449,7 k €	-27.8%	622,9 k €	-54.1%	1,4 M €	+50.7%	900,8 k €	+121%	407 k €	-5.3%	429,9 k €	-21.2%	545,7 k €	+2.6%	531,9 k €	+0.4%	530 k €	-23.2%	690,2 k €	+36.7%	504,8 k €	+89.1%	266,9 k €	+3.3%	258,3 k €	-47.4%	490,9 k €	-41.7%	841,3 k €
EBITDA	301,2 k €	+824%	-41,6 k €	+27.9%	-57,7 k €	-183%	69,9 k €	-56.0%	159 k €	-32.4%	235,3 k €	+12.6%	209,1 k €	-20.6%	263,3 k €	-26.7%	359,4 k €	-6.9%	385,8 k €	+41.1%	273,4 k €	-36.3%	429,4 k €	+41.1%	304,3 k €	+72.1%	176,8 k €	+2.7%	172,2 k €	-31.9%	252,9 k €	-41.1%	429,4 k €
Operating result	189,5 k €	+454%	-53,6 k €	+20.0%	-67 k €	-196%	70 k €	-23.5%	91,5 k €	-35.3%	141,4 k €	+2.4%	138,1 k €	-18.4%	169,2 k €	-35.4%	262,1 k €	-24.2%	345,8 k €	+55.5%	222,3 k €	-50.4%	447,9 k €	+109%	214,7 k €	+62.0%	132,5 k €	+7.1%	123,7 k €	-44.3%	222,2 k €	-57.3%	519,8 k €
Net result	82,5 k €	+161%	-136,2 k €	-104%	-66,8 k €	-256%	42,9 k €	-33.2%	64,2 k €	-20.2%	80,4 k €	-2.4%	82,3 k €	-17.4%	99,6 k €	-39.1%	163,6 k €	-25.8%	220,3 k €	+59.4%	138,2 k €	-51.8%	286,9 k €	+149%	115,1 k €	+44.1%	79,9 k €	+846%	8,4 k €	-93.9%	139 k €	-54.6%	305,9 k €
Balance sheet
Equity	746,7 k €	+12.4%	664,1 k €	-17.0%	800,3 k €	-7.7%	867,1 k €	-49.1%	1,7 M €	+3.8%	1,6 M €	+5.0%	1,6 M €	+5.5%	1,5 M €	+7.1%	1,4 M €	+13.9%	1,2 M €	+22.1%	994,8 k €	+16.1%	856,6 k €	+35.0%	634,7 k €	+8.6%	584,6 k €	+2.6%	569,7 k €	-9.0%	626,3 k €	+1.5%	617,3 k €
Total assets	3,1 M €	-6.6%	3,4 M €	+92.4%	1,7 M €	+3.7%	1,7 M €	-36.1%	2,6 M €	-4.0%	2,7 M €	+0.3%	2,7 M €	-5.2%	2,9 M €	+2.2%	2,8 M €	-6.6%	3 M €	+26.1%	2,4 M €	+17.8%	2 M €	+23.6%	1,6 M €	+7.5%	1,5 M €	-16.8%	1,8 M €	-21.0%	2,3 M €	-10.4%	2,6 M €
Cash	138,8 k €	-44.8%	251,4 k €	-38.1%	406,1 k €	-45.3%	742,1 k €	+1812%	38,8 k €	+133%	16,7 k €	-34.3%	25,4 k €	-38.6%	41,4 k €	-80.8%	215,2 k €	+9.6%	196,3 k €	+189%	67,9 k €	+58.7%	42,8 k €	+272%	11,5 k €	-4.1%	12 k €	-49.3%	23,7 k €	-80.0%	118,1 k €	+5.4%	112 k €
Debts	2,4 M €	-11.3%	2,7 M €	+195%	911,7 k €	+16.6%	781,9 k €	-12.4%	892,3 k €	-3.4%	923,6 k €	-6.3%	985,6 k €	-20.0%	1,2 M €	-3.7%	1,3 M €	-22.9%	1,7 M €	+37.6%	1,2 M €	+8.8%	1,1 M €	+16.8%	948,8 k €	+2.3%	927,5 k €	-27.1%	1,3 M €	-21.7%	1,6 M €	-14.6%	1,9 M €
Other
Workforce	6,6 ETP	-23.3%	8,6 ETP	-14.0%	10,0 ETP	-29.6%	14,2 ETP	+35.2%	10,5 ETP	-36.0%	16,4 ETP	+382%	3,4 ETP	+17.2%	2,9 ETP	+26.1%	2,3 ETP	-36.1%	3,6 ETP	+20.0%	3,0 ETP	-21.1%	3,8 ETP	-34.5%	5,8 ETP	+262%	1,6 ETP	+33.3%	1,2 ETP	-68.4%	3,8 ETP	-44.9%	6,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 8 ended

Active mandates

SATIMAK

Director · since 02 janvier 2021 · 0748.840.493

Represented by Abbas KHINACHE

Active

Ended mandates

SATIMAK

Director · since 02 janvier 2021 · 0748.840.493

Represented by Khinache ABBAS

Ended

Abas Khinache

Director · since 10 juillet 2001

Ended

Abbas KHINACHE

Manager · since 10 juillet 2001

Ended

Fouad KHINACHE

Manager · until 29 décembre 2012

Ended

At this address

Other companies at this address

Company	CBE no.
EBIMA AIR SYSTEMS● Active	1028.297.790

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/07/2025	04/10/2024	01/09/2023	26/09/2022	31/08/2021	09/07/2020
General meeting	13/06/2025	03/10/2024	09/06/2023	15/09/2022	11/06/2021	12/06/2020
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
Abridged model	31/12/2024	13/06/2025	10/07/2025	French	PDF
Abridged model	31/12/2023	03/10/2024	04/10/2024	French	PDF
Abridged model	31/12/2022	09/06/2023	01/09/2023	French	PDF
Abridged model	31/12/2021	15/09/2022	26/09/2022	French	PDF
Abridged model	31/12/2020	11/06/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	12/06/2020	09/07/2020	French	PDF
Abridged model	31/12/2018	14/06/2019	28/06/2019	French	PDF
Abridged model	31/12/2017	08/06/2018	27/09/2018	French	PDF
Abridged model	31/12/2016	09/06/2017	29/09/2017	French	PDF
Abridged model	31/12/2015	10/06/2016	31/10/2016	French	PDF
Abridged model	31/12/2014	12/06/2015	30/09/2015	French	PDF
Abridged model	31/12/2013	13/06/2014	30/09/2014	French	PDF
Abridged model	31/12/2012	14/06/2013	20/08/2013	French	PDF
Abridged model	31/12/2011	08/06/2012	31/10/2012	French	PDF
Abridged model	31/12/2010	10/06/2011	29/07/2011	French	PDF
Abridged model	31/12/2009	08/10/2010	29/10/2010	French	PDF
Abridged model	31/12/2008	09/10/2009	16/10/2009	French	PDF
Abridged model	31/12/2007	10/10/2008	25/11/2008	French	PDF
Abridged model	31/12/2006	19/06/2007	11/10/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2024 · 1 active · 8 ended

Active mandates

SATIMAK

Director · since 02 janvier 2021 · 0748.840.493

Represented by Abbas KHINACHE

Active

Ended mandates

SATIMAK

Director · since 02 janvier 2021 · 0748.840.493

Represented by Khinache ABBAS

Ended

Abas Khinache

Director · since 10 juillet 2001

Ended

Abbas KHINACHE

Manager · since 10 juillet 2001

Ended

Fouad KHINACHE

Manager · until 29 décembre 2012

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office29/11/2023
SIEGE SOCIAL
PDF
Mandates20/04/2021
DEMISSIONS, NOMINATIONS
PDF
Restructuring30/12/2020
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring22/12/2020
SIEGE SOCIAL - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring09/07/2020
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring09/07/2020
MODIFICATION FORME JURIDIQUE - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates03/10/2019
DEMISSIONS, NOMINATIONS
PDF
Restructuring18/07/2019
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
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

2024
Annual accounts 202482,5 k €↑
2023
Annual accounts 2023-136,2 k €↓
2022
Annual accounts 2022-66,8 k €↓
2021
Annual accounts 202142,9 k €↓
2018
Annual accounts 201864,2 k €↓
2017
Annual accounts 201780,4 k €↓
2016
Annual accounts 201682,3 k €↓
2015
Annual accounts 201599,6 k €↓
2014
Annual accounts 2014163,6 k €↓
2013
Annual accounts 2013220,3 k €↑
2012
Annual accounts 2012138,2 k €↓
2011
Annual accounts 2011286,9 k €↑
2010
Annual accounts 2010115,1 k €↑
2009
Annual accounts 200979,9 k €↑
2008
Annual accounts 20088,4 k €↓
2007
Annual accounts 2007139 k €↓
2006
Annual accounts 2006305,9 k €
19/03/1999
IncorporationPrivate 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

SATIM

Overview

What does SATIM do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

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