Equity
€167,721 from €299,741 in 2006
Equity fell by 44% in 19 years.
ELEKTRO SAMAN
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €219,280 (2012)
-€28,901▼ €53,759
lowest -€211,761 (2012)
-€33,606▼ €48,683
peak €299,741 (2006)
€167,721▼ 16.7%
€9,026▼ 34.9%
peak 2.8 FTE (2006)
-not published
Board2 names since 2018
2 directorsSaman Dirk and 1 other
Owners
Documentsfilings and deeds
08-09-202639 days late
2025abbreviated format
Gross margin from €24,858 to -€28,901Loss of €33,606Equity from €201,327 to €167,721Debts from €13,856 to €9,026
Key points
from the 2025 annual accountsFilings
25 annual accounts since 2001
Six of the last ten came late. The 2023 accounts came latest: 62 days after the end of the period.
Position in the sector
-€33,606
Lower net result than 91% of companies in specialised construction. Sector median €26,646 · 9,965 companies.
Turnover not published (abbreviated or micro format)
Checked score
82
Excellent
Financially stronger than 51% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025
10-2025: 0.7%▲ +0.1 percentage points vs 09-2025highest value
11-2025: 0.2%▼ -0.5 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.5%▲ +0.2 percentage points vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Loss of €33,606 (financial year 2025)
Last filed accounts filed 39 days late; 3 of the last 3 accounts late
lowers risk
Liquidity: current ratio 19.08, cash €60,888
Equity €167,721 (94.9% of total assets)
Calculation
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 43, micro). It does better than 90% of them on solvency, 90% on liquidity, 4% on profitability and 20% on growth.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as ELEKTRO SAMAN has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ELEKTRO SAMAN itself: 0.5% within 12 months.
Test of the method
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 5,831 companies, not a prediction for ELEKTRO SAMAN. 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.
Credit verdict
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 19.08 (14.74 in 2024), above the usual 1.5. Short-term debt is 5.1% and cash 34.4% of total assets. 5.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 39 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
39 days late
2024
60 days late
2023
62 days late
2022
51 days late
2021
31 days early
2020
11 days early
2019
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0473828073
Reappointments: Saman Rudi (managing director) and Saman Dirk (director)
Director discharge: de bestuurders · General meeting of 22-08-2018 · Gazette deed
First establishment
ELECTRO SAMAN NV, Bormte 190, Stekene
Incorporation
published on 27-01-2001 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ELEKTRO SAMAN Stekene | €176,746 | -€28,901 | 94.9% | - |
| Electriciteitswerken Van Hautegem Ludo Oudenaarde | €203,798 | -€600 | 57.4% | - |
| HUIS VAN DEN BOSSCHE Eeklo | €153,561 | -€10,413 | 32.5% | - |
| F. BOGAARD ELECTROTECHNIEK Sint-Laureins | €143,541 | -€2,240 | 91.9% | - |
| Breakpoint Wetteren | €190,608 | -€22,834 | -162.2% | - |
| LIGHTING VARILONE Knokke-Heist | €186,166 | -€4,861 | 67.1% | - |
| VAN HEIJST Hove | €196,790 | -€30,747 | 95.0% | - |
These companies have the same main activity as ELEKTRO SAMAN: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €144,000 and €204,000, founded between 1999 and 2005.
Official details
Source: KBO- Status
- Active since 16-01-2001Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.100.134.0339190 Stekene, since 23-02-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Insights on ELEKTRO SAMAN
ELEKTRO SAMAN files the abbreviated format. That format states no turnover. The gross margin fell from €177,210 in 2006 to -€28,901 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ELEKTRO SAMAN
- What is the company number of ELEKTRO SAMAN?
- The company number of ELEKTRO SAMAN is 0473.828.073. The VAT number is the same number with BE in front: BE 0473.828.073.
- Where is ELEKTRO SAMAN based?
- The registered office is at Bormte 190, 9190 Stekene.Company details
- What does ELEKTRO SAMAN do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of ELEKTRO SAMAN?
- ELEKTRO SAMAN is a public limited company (NV).
- When was ELEKTRO SAMAN founded?
- ELEKTRO SAMAN was founded on 16-01-2001.
- Is ELEKTRO SAMAN still active?
- Yes, ELEKTRO SAMAN is an active enterprise in the KBO register.
- What is the turnover of ELEKTRO SAMAN?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is ELEKTRO SAMAN profitable?
- In financial year 2025, ELEKTRO SAMAN made a loss of €33,606.
- Where can I find the annual accounts of ELEKTRO SAMAN?
- ELEKTRO SAMAN filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ELEKTRO SAMAN due?
- ELEKTRO SAMAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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