Overdue debts
The annual accounts state €268,597 of overdue social security (RSZ) debts on 31-12-2025.
The annual accounts state €268,597 of overdue social security (RSZ) debts on 31-12-2025.
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Of this, €124.4m falls due within a year.
LA SAMBRIENNE pays its suppliers 55 days later than in 2024. Customers pay 2 days earlier.
Board changed. Latest change 02-03-2026 · 12 in office.
Lower net result than 95% of companies in real estate. Sector median €20,526 · 5,817 companies.
The dashed line is the sector median: 0.1% across 1,720 companies (NACE 68, medium-sized).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized). It does better than 46% of them on solvency, 86% on liquidity, 66% on profitability and 61% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 371 companies had the same profile as LA SAMBRIENNE has now. Each dot is one company, two years later.
That fits the bankruptcy probability of LA SAMBRIENNE itself: 0.2% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 371 companies, not a prediction for LA SAMBRIENNE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.3 (2.12 in 2024), below the usual 1.5. Short-term debt is 21.3% and cash 11.5% of total assets. 76.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| LA SAMBRIENNE Charleroi | €46.6m | -6.4% | 23.5% | 185 |
| Foyer Anderlechtois - Anderlechtse Haard Anderlecht | €28.0m | -13.5% | 42.5% | 168.6 |
| AG REAL ESTATE Brussels | €33.7m | -56.3% | 96.9% | 141.4 |
| Woonmaatschappij Rivierenland Mechelen | €29.1m | 1.7% | 12.4% | 63.8 |
| H. ESSERS LOGISTICS COMPANY Genk | €28.2m | 34.7% | 22.4% | - |
| FREMATO GROUP Waregem | €34.0m | 35.3% | 16.5% | - |
| SHOPIMMO Brussels | €21.5m | 38.9% | 22.2% | - |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as LA SAMBRIENNE: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €266m and €1.6bn, founded between 1907 and 1997.
LA SAMBRIENNE has existed since 1968. The present size dates from 2013. Turnover rose that year from €9.5m to €36.0m and staff from 60.6 to 120 full-time equivalents. On 1 July 2013 three sites were added.
Turnover has grown every year since 2020.
In 2025, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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