ACTIVE

Satellic

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Financial year 2025 · closed on 31/12/2025

Net result

27,2 M €

-22.8% YoY

Revenue

113,1 M €

-6.7% YoY

Equity

39,1 M €

-0.8% YoY

Workforce

69,6 ETP

-0.9% YoY

What does Satellic do?

Satellic is a Public limited company incorporated in 2014. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Machelen (Brab.). It employs on average 69,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0556.799.596

Incorporation

23/07/2014

Legal form

Public limited company

Registered office

Leonardo da Vincilaan 19
1831 Machelen (Brab.) · FlandreSee on map

Contributed capital

10 000 000,00 €

Latest accounts

31/12/2025

Average workforce

69,6 ETP

Activities (NACE)

82990Other business support service activities n.e.c.· main 82990Other business support service activities n.e.c.61100Wired telecommunications activities 61300Satellite telecommunications activities 61900Other telecommunications activities 61900Other telecommunications activities

Joint committees (1)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Revenue	113,1 M €	-6.7%	121,3 M €	-7.3%	130,9 M €	-2.0%	133,5 M €	+9.4%	122 M €	-3.8%	126,9 M €	-1.2%	128,4 M €	-0.1%	128,5 M €	+8.9%	118 M €	+19.4%	98,9 M €		–		–
EBITDA	58,5 M €	-13.4%	67,6 M €	-11.7%	76,5 M €	-7.9%	83,1 M €	+11.0%	74,8 M €	+13.4%	66 M €	-2.4%	67,6 M €	+3.9%	65,1 M €	+18.1%	55,1 M €	+71.7%	32,1 M €	+1377%	-2,5 M €	-956%	-237,8 k €
Operating result	36,2 M €	-22.6%	46,8 M €	-10.3%	52,1 M €	+12.1%	46,5 M €	+21.0%	38,4 M €	+30.3%	29,5 M €	-2.1%	30,1 M €	+9.3%	27,6 M €	+56.2%	17,7 M €	+296%	4,5 M €	+213%	-3,9 M €	-1093%	-329,2 k €
Net result	27,2 M €	-22.8%	35,2 M €	-6.1%	37,5 M €	+14.6%	32,7 M €	+24.0%	26,4 M €	+36.1%	19,4 M €	+5.6%	18,4 M €	+12.9%	16,3 M €	+64.6%	9,9 M €	+4264%	-237,5 k €	+94.0%	-3,9 M €	-945%	-377,2 k €
Balance sheet
Equity	39,1 M €	-0.8%	39,4 M €	+24.3%	31,7 M €	+46.2%	21,7 M €	+31.8%	16,5 M €	+2.4%	16,1 M €	-3.7%	16,7 M €	+2.2%	16,3 M €	+6.3%	15,3 M €	+182%	5,4 M €	-4.2%	5,7 M €	-40.9%	9,6 M €
Total assets	144,1 M €	-3.6%	149,5 M €	-1.0%	151 M €	-16.6%	181,2 M €	-17.5%	219,7 M €	-20.1%	274,9 M €	-12.0%	312,5 M €	-10.7%	350,1 M €	-2.2%	357,8 M €	-5.1%	376,9 M €	+23.6%	305 M €	+343%	68,8 M €
Cash	20,9 M €	+17.5%	17,8 M €	+11.7%	15,9 M €	-31.2%	23,1 M €	+52.5%	15,2 M €	-14.7%	17,8 M €	+69.8%	10,5 M €	-11.7%	11,9 M €	-56.2%	27,1 M €	+189%	9,4 M €	+64.0%	5,7 M €	+1.0%	5,6 M €
Debts	99,8 M €	-2.7%	102,5 M €	-6.2%	109,4 M €	-23.6%	143,2 M €	-15.2%	168,9 M €	-18.2%	206,4 M €	-8.4%	225,3 M €	-8.1%	245,1 M €	+4.1%	235,6 M €	-4.3%	246,1 M €	-17.6%	298,7 M €	+405%	59,2 M €
Other
Workforce	69,6 ETP	-0.9%	70,2 ETP	+2.5%	68,5 ETP	-4.1%	71,4 ETP	-1.0%	72,1 ETP	+3.7%	69,5 ETP	-17.5%	84,2 ETP	-16.6%	101,0 ETP	-3.2%	104,3 ETP	-0.9%	105,2 ETP	+290%	27,0 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 12 ended

Active mandates

Igor Soczynski

Director · since 21 mai 2024 · until 10 mai 2027

Active

Thomas Pferr

Director · since 21 mai 2024 · until 10 mai 2027

Active

Stefan Propst

Director · since 15 mai 2023 · until 08 mai 2029

Active

Ended mandates

Igor Soczynski

Director · since 11 mai 2021 · until 21 mai 2024

Ended

Igor SOCZYNSKI

Director · since 11 mai 2021 · until 14 mai 2024

Ended

Thomas Pferr

Director · since 11 mai 2021 · until 21 mai 2024

Ended

Thomas PFERR

Director · since 11 mai 2021 · until 14 mai 2024

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/06/2026	23/05/2025	27/05/2024	30/05/2023	07/06/2022	26/05/2021
General meeting	20/05/2026	13/05/2025	21/05/2024	15/05/2023	10/05/2022	11/05/2021
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

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/05/2026	08/06/2026	Dutch	PDF
Full model	31/12/2024	13/05/2025	23/05/2025	Dutch	PDF
Full model	31/12/2023	21/05/2024	27/05/2024	Dutch	PDF
Full model	31/12/2022	15/05/2023	30/05/2023	Dutch	PDF
Full model	31/12/2021	10/05/2022	07/06/2022	Dutch	PDF
Full model	31/12/2020	11/05/2021	26/05/2021	Dutch	PDF
Full model	31/12/2019	12/05/2020	27/05/2020	Dutch	PDF
Full model	31/12/2018	16/05/2019	29/05/2019	Dutch	PDF
Full model	31/12/2017	08/05/2018	24/05/2018	Dutch	PDF
Full model	31/12/2016	09/05/2017	23/05/2017	Dutch	PDF
Full model	31/12/2015	10/05/2016	24/05/2016	Dutch	PDF
Full model	31/12/2014	12/05/2015	04/06/2015	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 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 31/12/2025 · 3 active · 12 ended

Active mandates

Igor Soczynski

Director · since 21 mai 2024 · until 10 mai 2027

Active

Thomas Pferr

Director · since 21 mai 2024 · until 10 mai 2027

Active

Stefan Propst

Director · since 15 mai 2023 · until 08 mai 2029

Active

Ended mandates

Igor Soczynski

Director · since 11 mai 2021 · until 21 mai 2024

Ended

Igor SOCZYNSKI

Director · since 11 mai 2021 · until 14 mai 2024

Ended

Thomas Pferr

Director · since 11 mai 2021 · until 21 mai 2024

Ended

Thomas PFERR

Director · since 11 mai 2021 · until 14 mai 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other06/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/08/2021
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 202527,2 M €↓
13/05/2025
reconductionNico Houthaeve — commissaris
2024
Annual accounts 202435,2 M €↓
21/05/2024
nominationThomas Pferr — bestuurder
21/05/2024
nominationIgor Soczynski — bestuurder
08/01/2024
nominationKurt Cornelis — lid van het uitvoerend comité
08/01/2024
nominationOlivier Sachs — lid van het uitvoerend comité
08/01/2024
nominationFilip Van Nieuwenhuysen — lid van het uitvoerend comité
2023
Annual accounts 202337,5 M €↑
2022
Annual accounts 202232,7 M €↑
01/07/2022
nominationFilip Van Nieuwenhuysen — Chief Financial Officer en lid van het directiecomité
01/06/2022
nominationKurt Cornelis — Chief Executive Officer en lid van het directiecomité
10/05/2022
nominationDeloitte Bedrijfsrevisoren BV — commissaris
2021
Annual accounts 202126,4 M €↑
2020
Annual accounts 202019,4 M €↑
2019
Annual accounts 201918,4 M €↑
2018
Annual accounts 201816,3 M €↑
2017
Annual accounts 20179,9 M €↑
2016
Annual accounts 2016-237,5 k €↑
2015
Annual accounts 2015-3,9 M €↓
2014
Annual accounts 2014-377,2 k €
23/07/2014
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

Satellic

Overview

What does Satellic do?

Trend over 12 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