IMMO SAM
ActiveIMMO SAM has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.01M and a net result of €63k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 64% of 13655 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
64
/ 100
Healthy▲ +12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▲+5
Solvency61▲+2
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.4 in 2024), and 51.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.5%
Return on assets
1.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
28 d late
2023
58 d late
2022
60 d late
2021
158 d late
2020
31 d late
2019
89 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
07-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.01M▲ 3.2%
2024 · €1.95M
2020: €1.73M
2021: €1.84M
2022: €1.93M
2023: €1.90M
2024: €1.95M
2020 → 2025
Total assets
€4.15M▼ 1.6%
2024 · €4.22M
2020: €4.00M
2021: €4.16M
2022: €4.33M
2023: €4.24M
2024: €4.22M
2020 → 2025
Net result
€63k▲ 46.6%
2024 · €43k
2020: €394k
2021: €111k
2022: €89k
2023: €-27k
2024: €43k
2020 → 2025
Working capital
€-628k▼ 8.4%
2024 · €-580k
2020: €28k
2021: €-139k
2022: €-354k
2023: €-478k
2024: €-580k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.84M-€1.93M▲ 4.8%€1.90M▼ 1.4%€1.95M▲ 2.3%€2.01M▲ 3.2%
Operating result€149k-€150k▲ 0.8%€84k▼ 44.2%€128k▲ 51.9%€166k▲ 30.1%
Net result€111k-€89k▼ 20.2%€-27k€43k€63k▲ 46.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 30% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.15M
Fixed assets
€3.79M▼ 1.4%
Current assets
€363k▼ 4.2%
Equity and liabilities €4.15M
Equity
€2.01M▲ 3.2%
Provisions
€193k▼ 4.0%
Debt
€1.94M▼ 6.0%
The debt ratio falls from 49.0% to 46.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€242k▲
2024 · €210k
Cash flow
€140k▲
2024 · €125k
Solvency
48.5%▲
2024 · 46.2%
Current ratio
0.37▼
2024 · 0.40
Quick ratio
0.37▼
2024 · 0.40
Debt / equity
0.97▼
2024 · 1.06
ROE
3.1%▲
2024 · 2.2%
ROA
1.5%▲
2024 · 1.0%
Interest coverage
4.82▲
2024 · 2.90
Debt
€1.94M▼
2024 · €2.07M
Debt ≤ 1 year
€991k▲
2024 · €959k
Debt > 1 year
€951k▼
2024 · €1.11M
Income taxes
€61k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Total assets20/58€4.22M€4.15M▼
Fixed assets21/28€3.84M€3.79M▼
Tangible fixed assets22/27€3.84M€3.79M▼
Current assets29/58€379k€363k▼
Amounts receivable within one year40/41€63k€26k▼
Cash & bank54/58€47€20k▲
Total equity & liabilities10/49€4.22M€4.15M▼
Equity10/15€1.95M€2.01M▲
Contributions / capital10/11€466k€466k=
Reserves13€780k€758k▼
Accumulated profits (losses)14€702k€787k▲
Provisions & deferred taxes16€201k€193k▼
Amounts payable17/49€2.07M€1.94M▼
Amounts payable after one year17€1.11M€951k▼
Amounts payable within one year42/48€959k€991k▲
Trade debts payable within one year44€12k€15k▲
Income statement
Code20242025
Gross operating margin9900€239k€281k▲
Operating result9901€128k€166k▲
Financial income75€0€0▲
Financial charges65€72k€50k▼
Result before taxes9903€55k€116k▲
Income taxes67/77€20k€61k▲
Net result for the period9904€43k€63k▲
Result to be appropriated9905€65k€85k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Equity above €2MEq €2.01M ▲3.2%
2 profitable years in a row build equity to €2.01M.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Weakest financial yearnet €-27k ▼130%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
05-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 158 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
ZEX IMMO
BE 0793.218.488
Beersel · Eq €2.01M
V.G.I.
BE 0437.295.103
Asse · Eq €2.01M
SANITARY OFFICES
BE 0750.829.092
Nazareth-De Pinte · Eq €2.01M
Bredabaan 552
BE 0829.489.461
Brasschaat · Eq €2.01M
PROJECT MONTOYER
BE 0480.153.859
Elsene · Eq €2.02M
Of 11,969 companies in sector 68203 we hold annual accounts for 5,878. 3,590 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-03-1986
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 03-09-2026. Scores and ratios are computed by Checked and are not a credit decision.