About Formula Sat
Formula Sat is a private limited company (BV/SRL) based in Waterloo, founded in 2011. Its main activity is classified as "Algemene elektrotechnische installatiewerken". For the 2025 financial year, Formula Sat reported a loss of €44,643. That makes 3 loss-making financial years in a row for Formula Sat. Revenue came to €131,821. It employed an average of 1 full-time equivalent. Equity stands at €171,872, a solvency ratio of 83%. In 2012 it was €7,571. 14 annual accounts are available, covering 2012 to 2025.
- Sectors
- Electricians Wholesalers
- Signals
-
Reporting lossesReporting losses € -45K
The company reported a loss in the latest financial year.
Negative cashflowNegative cashflow € -44KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -40KEBITDA is negative: operating activities are loss-making.
Strong equityStrong equity € 172KStrong equity provides a buffer against setbacks.
Low riskLow risk 83.2%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 4.49A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Healthy social debtHealthy social debt 8.4%Social debts stay manageable relative to personnel costs.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
Turnover
|
€
132K
|
|
|
|
|
€
17K
|
€
28K
|
€
65K
|
€
96K
|
|
|
€
-40K
|
€
-25K
|
€
10K
|
€
50K
|
|
|
€
-45K
|
€
-46K
|
€
-12K
|
€
27K
|
|
|
€
172K
|
€
217K
|
€
262K
|
€
274K
|
|
|
83.21%
|
80.91%
|
76.69%
|
68.01%
|
|
|
€
35K
|
€
51K
|
€
80K
|
€
129K
|
|
|
€
33K
|
€
94K
|
€
169K
|
€
190K
|
|
|
1
|
|
1
|
1
|
Publications 10
All publications- Statuts (Traduction, Coordination, Autres Modifications, ) - Modification Forme Juridique - Divers - Demissions, Nominations 20/12/2023
- Siege Social 01/04/2019
- Me. - Comptes Annuels 31.12.2015, App 03.06.2016, Dpt 16.11.2016 16680-0589-010 25/11/2016
- Capital, Actions 08/02/2016
- Me. - Comptes Annuels 31.12.2014, App 28.08.2015, Dpt 31.08.2015 15573-0526-010 08/09/2015
Frequently asked questions
Answers to the most common questions about Formula Sat, based on official government data and the filed annual accounts.
What is the VAT number of Formula Sat?
The VAT number of Formula Sat is BE0837.520.170.
How many employees work at Formula Sat?
In 2025, Formula Sat employed 1.00 full-time equivalents (FTE).
When was Formula Sat established?
Formula Sat was founded in 04-07-2011.
What is the official address of Formula Sat?
The official address of Formula Sat is Avenue Du Longchamp 3 Waterloo 1410.
What is the legal form of Formula Sat?
The juridical form of Formula Sat is Private limited company (BV/SRL).
What is the annual revenue of Formula Sat?
The revenue of Formula Sat for the 2025 financial year was €131,821.
Is Formula Sat a reliable company?
Formula Sat is a registered Rechtspersoon with company number 0837.520.170 and can be verified through the official CBE database.
What is the credit limit of Formula Sat?
The estimated credit limit of Formula Sat is €11,977.
Is Formula Sat still active?
Formula Sat currently has the status "Normal situation" and is active.