ACTIVE

Formula sat

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Financial year 2024 · closed on 31/12/2024
Net result
-45,5 k €
-292.1% YoY
Revenue
196,5 k €
-34.7% YoY
Equity
216,5 k €
-17.4% YoY

What does Formula sat do?

Formula sat is a Private limited company incorporated in 2011. Its main activity is: Electrical installation. Its registered office is in Waterloo.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0837.520.170
Incorporation
04/07/2011
Legal form
Private limited company
Registered office
Avenue du Longchamp 3
1410 Waterloo · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2024
Activities (NACE)
43211Electrical installation· main43211Electrical installation46643Wholesale of machinery for the textile industry and of sewing and knitting machines46693Wholesale of other machinery and equipment42220Construction of utility projects for electricity and telecommunications42220Construction of utility projects for electricity and telecommunications+8
Joint committees (2)
  • 200
  • 330
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2024202320222021202020192018201720162015201420132012
Income statement
Revenue196,5 k €300,7 k €444,3 k €386,2 k €353,9 k €319,4 k €264,3 k €235,3 k €176,8 k €186,3 k €112,3 k €84 k €95,4 k €
EBITDA-25 k €9,7 k €49,7 k €81,9 k €116 k €13,8 k €17,1 k €6,4 k €10,1 k €59,7 k €15,2 k €18,4 k €3,9 k €
Operating result-26,1 k €8,7 k €48,6 k €77,6 k €111,3 k €9 k €11,9 k €1,6 k €9,3 k €59,1 k €14,8 k €17,4 k €2,8 k €
Net result-45,5 k €-11,6 k €26,8 k €72,2 k €110,2 k €4,1 k €8,6 k €-24,6 k €8 k €46,6 k €13,7 k €16,5 k €1,4 k €
Balance sheet
Equity216,5 k €262 k €273,6 k €246,8 k €174,6 k €80,4 k €76,3 k €67,8 k €92,4 k €84,4 k €37,8 k €24,1 k €7,6 k €
Total assets267,6 k €341,7 k €402,3 k €386,7 k €362 k €211,2 k €154,7 k €96,9 k €110,9 k €105,5 k €53 k €33,2 k €12,8 k €
Cash94,4 k €168,5 k €190,3 k €214,6 k €140,1 k €133,8 k €75 k €28,7 k €60,7 k €39,1 k €29,9 k €14,1 k €878,1 €
Debts44,7 k €79,6 k €101,9 k €57,6 k €87,8 k €70,4 k €52 k €29,2 k €18,5 k €21,1 k €15,2 k €9,1 k €5,3 k €
Other
Workforce–––1,0 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 · 1 ended

Active mandates

MAURIZIO TROIANI

Director

Active

Ended mandates

MAURIZIO TROIANI

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
EURECA BENELUX● Active
0862.400.670
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/11/202506/12/202428/09/202315/11/202213/12/202116/12/2020
General meeting06/06/202507/06/202402/06/202303/06/202201/06/202102/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202406/06/202525/11/2025FrenchPDF
Micro model31/12/202307/06/202406/12/2024FrenchPDF
Abridged model31/12/202202/06/202328/09/2023FrenchPDF
Abridged model31/12/202103/06/202215/11/2022FrenchPDF
Micro model31/12/202001/06/202113/12/2021FrenchPDF
Micro model31/12/201902/06/202016/12/2020FrenchPDF
Abridged model31/12/201803/06/201926/12/2019FrenchPDF
Abridged model31/12/201704/06/201805/12/2018FrenchPDF
Abridged model31/12/201602/06/201715/11/2017FrenchPDF
Abridged model31/12/201503/06/201616/11/2016FrenchPDF
Abridged model31/12/201428/08/201531/08/2015FrenchPDF
Abridged model31/12/201328/08/201429/08/2014FrenchPDF
Abridged model31/12/201207/06/201330/08/2013FrenchPDF
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 · 1 ended

Active mandates

MAURIZIO TROIANI

Director

Active

Ended mandates

MAURIZIO TROIANI

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-45,5 k €↓
  2. 2023
    Annual accounts 2023-11,6 k €↓
  3. 2022
    Annual accounts 202226,8 k €↓
  4. 2021
    Annual accounts 202172,2 k €↓
  5. 2020
    Annual accounts 2020110,2 k €↑
  6. 2019
    Annual accounts 20194,1 k €↓
  7. 2018
    Annual accounts 20188,6 k €↑
  8. 2017
    Annual accounts 2017-24,6 k €↓
  9. 2016
    Annual accounts 20168 k €↓
  10. 2015
    Annual accounts 201546,6 k €↑
  11. 2014
    Annual accounts 201413,7 k €↓
  12. 2013
    Annual accounts 201316,5 k €↑
  13. 2012
    Annual accounts 20121,4 k €
  14. 04/07/2011
    IncorporationPrivate limited company