S.A.M.
ActiveS.A.M. has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €681k and a net result of €88k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 9412 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2023
100
/ 100
Excellent▲ +14 vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability65▲+34
Solvency100▲+4
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days only on tighter terms
Liquidity ample (current ratio 2.17 against 1.87 in 2022), and 32.9% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
67.1%
Return on assets
8.7%
Age of the figures
35 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-09-2024 close30-04-2025 deadline12-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 08-03-2024, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
53 d early
2022
48 d early
2021
47 d early
2020
39 d early
2019
45 d early
← before the deadline
after the deadline →
Name match with a sanctions list
1 entryS M A
A name match is not a finding that this company itself is on the list; check the entry at the source.
Financials · fiscal year 2023, abbreviated schema
Equity
€681k▲ 14.8%
2022 · €594k
2018: €332k
2019: €395k
2020: €475k
2021: €556k
2022: €594k
2018 → 2023
Total assets
€1.02M▲ 7.1%
2022 · €948k
2018: €560k
2019: €631k
2020: €766k
2021: €812k
2022: €948k
2018 → 2023
Net result
€88k▲ 137%
2022 · €37k
2018: €38k
2019: €66k
2020: €80k
2021: €82k
2022: €37k
2018 → 2023
Working capital
€390k▲ 30.9%
2022 · €298k
2018: €78k
2019: €122k
2020: €150k
2021: €242k
2022: €298k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€395k-€475k▲ 20.2%€556k▲ 17.2%€594k▲ 6.7%€681k▲ 14.8%
Operating result€101k-€119k▲ 18.2%€129k▲ 8.5%€80k▼ 38.3%€140k▲ 75.3%
Net result€66k-€80k▲ 20.9%€82k▲ 2.7%€37k▼ 54.6%€88k▲ 137%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 75% above 2022 and is the highest year so far.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.02M
Fixed assets
€292k▼ 4.7%
Current assets
€724k▲ 12.7%
Equity and liabilities €1.02M
Equity
€681k▲ 14.8%
Debt
€334k▼ 5.8%
The debt ratio falls from 37.4% to 32.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€185k▲
2022 · €126k
Cash flow
€133k▲
2022 · €84k
Solvency
67.1%▲
2022 · 62.6%
Current ratio
2.17▲
2022 · 1.87
Quick ratio
2.12▲
2022 · 1.82
Debt / equity
0.49▼
2022 · 0.60
ROE
12.9%▲
2022 · 6.3%
ROA
8.7%▲
2022 · 3.9%
Interest coverage
9.42▼
2022 · 10.21
Debt
€334k▼
2022 · €354k
Debt ≤ 1 year
€333k▼
2022 · €344k
Debt > 1 year
€0▼
2022 · €5k
Income taxes
€32k▲
2022 · €30k
Staff costs
€50k▲
2022 · €46k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€948k€1.02M▲
Fixed assets21/28€306k€292k▼
Tangible fixed assets22/27€306k€291k▼
Land and buildings22€243k€252k▲
Plant, machinery and equipment23€40k€24k▼
Furniture and vehicles24€23k€15k▼
Financial fixed assets28€295€295=
Current assets29/58€642k€724k▲
Amounts receivable after more than one year29€390k€390k=
Other amounts receivable291€390k€390k=
Stocks and contracts in progress3€16k€17k▲
Stocks30/36€16k€17k▲
Amounts receivable within one year40/41€10k€1k▼
Trade receivables40€5k€134▼
Other amounts receivable41€5k€1k▼
Cash at bank and in hand54/58€220k€310k▲
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€948k€1.02M▲
Equity10/15€594k€681k▲
Contributions10/11€19k€19k=
Reserves13€575k€663k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€69€69=
Distributable reserves133€573k€661k▲
Amounts payable17/49€354k€334k▼
Amounts payable after more than one year17€5k€0▼
Financial debts170/4€5k€0▼
Amounts payable within one year42/48€344k€333k▼
Current portion of amounts payable after more than one year42€20k€5k▼
Trade debts44€26k€9k▼
Suppliers440/4€26k€9k▼
Taxes, remuneration and social security45€23k€22k▼
Taxes450/3€10k€12k▲
Remuneration and social security454/9€13k€10k▼
Other amounts payable47/48€274k€297k▲
Accrued charges and deferred income492/3€5k€263▼
Income statement
Code20222023
Remuneration, social security and pensions62€46k€50k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€45k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€175k€238k▲
Operating profit (loss)9901€80k€140k▲
Financial income75/76B€47€110▲
Recurring financial income75€47€110▲
Financial charges65/66B€12k€20k▲
Recurring financial charges65€12k€20k▲
Profit (loss) for the period before taxes9903€68k€120k▲
Income taxes67/77€30k€32k▲
Profit (loss) for the period9904€37k€88k▲
Transfer from tax-exempt reserves789€56k€0▼
Profit (loss) for the period to be appropriated9905€93k€88k▼
Appropriation of the result
Profit (loss) to be appropriated9906€93k€88k▼
Transfer to equity691/2€93k€88k▼
To other reserves6921€93k€88k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
08-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €88k ▲137%
Operating result €140k, net result €88k, both a record.
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €37k ▼54.6%
Net result drops to €37k, the lowest in the series; recovery starts the following year.
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €500kEq €556k ▲17.2%
4 profitable years in a row build equity to €556k.
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
19-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stampkotstraat 12D8800 RoeselareGround area
3,154 m²
Building footprint
419 m²
Volume, LiDAR
1,951 m³
Parcel 36013B0804/00C000, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
S.A.M.
since 20032.132.342.981
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36013B0804/00C000 | Flanders | 3,154 m² | 1 · 419 m² | 9.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteRoeselare2.132.342.981
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GYBELS
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CIBIK
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LA BLANCHERIE
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Of 3,021 companies in sector 47221 we hold annual accounts for 1,550. 969 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formGeneral partnership
Founded25-02-2003
Fiscal year end30-09
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
52220
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47271Retail trade
47291Retail trade
52112
55521
56220Contract catering and other food service activities
56290Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.