SAM
ActiveThe annual accounts of SAM for fiscal year 2024 show a net loss of 73% of total assets and of 57% of the equity at the start of that year. The 2024 annual accounts show equity of €27k and a net result of €-35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 66% of 321 sector peers (fiscal year 2024). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-97
Solvency81▼-8
Growth35▼-34
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.27 against 1.71 in 2023; short-term debt: 44.4% and cash: 25.3% of total assets), and 44.4% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
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
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 2024Solvency, return and age of the figures
Solvency
55.6%
Return on assets
-72.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
61 d late
2022
65 d late
2021
61 d late
2020
88 d late
2019
67 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€11k▼ 87.8%
2022 · €91k
2018: €72k
2021: €45k
2022: €91k
2018 → 2024
EBIT margin
-315.7%▼ 371.8pp
2022 · 56.0%
2018: -23.0%
2021: 34.9%
2022: 56.0%
2018 → 2024
Net result
€-35k
2023 · €22k
2018: €-17k
2019: €-33k
2020: €-8k
2021: €16k
2022: €51k
2023: €22k
2018 → 2024
Working capital
€6k▼ 76.3%
2023 · €25k
2018: €-4k
2019: €-22k
2020: €-34k
2021: €-21k
2022: €3k
2023: €25k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€45k€91k▲ 100%€11k
Equity€-26k-€-11k▲ 60.0%€40k€62k▲ 55.1%€27k▼ 56.7%
Operating result€-8k-€16k€51k▲ 221%€32k▼ 37.6%€-35k
Net result€-8k-€16k€51k▲ 222%€22k▼ 56.4%€-35k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €35k after €32k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €48k
Fixed assets
€21k▼ 43.8%
Current assets
€27k▼ 54.1%
Equity and liabilities €48k
Equity
€27k▼ 56.7%
Debt
€21k▼ 38.2%
The debt ratio rises from 35.8% to 44.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-17k▼
2023 · €48k
Cash flow
€-18k▼
2023 · €39k
Solvency
55.6%▼
2023 · 64.2%
Current ratio
1.27▼
2023 · 1.71
Quick ratio
1.27▼
2023 · 1.71
Debt / equity
0.80▲
2023 · 0.56
ROE
-131.1%▼
2023 · 35.5%
ROA
-72.9%▼
2023 · 22.8%
Interest coverage
-86.44▼
2023 · 218.94
Debt
€21k▼
2023 · €35k
Debt ≤ 1 year
€21k▼
2023 · €35k
Income taxes
€27▼
2023 · €9k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€97k€48k▼
Fixed assets21/28€37k€21k▼
Tangible fixed assets22/27€36k€20k▼
Plant, machinery and equipment23€7k€4k▼
Furniture and vehicles24€27k€14k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€1k€1k=
Current assets29/58€60k€27k▼
Amounts receivable within one year40/41€15k€15k▼
Trade receivables40€6k€5k▼
Other amounts receivable41€9k€10k▲
Cash at bank and in hand54/58€44k€12k▼
Deferred charges and accrued income490/1€346€259▼
Equity and liabilities
Total equity and liabilities10/49€97k€48k▼
Equity10/15€62k€27k▼
Contributions10/11€75k€75k=
Reserves13€7k€7k=
Non-distributable reserves130/1€402€402=
Reserves not available under the articles1311€402€402=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-19k€-55k▼
Amounts payable17/49€35k€21k▼
Amounts payable within one year42/48€35k€21k▼
Trade debts44€769€2k▲
Suppliers440/4€769€2k▲
Taxes, remuneration and social security45€10k-
Taxes450/3€10k-
Other amounts payable47/48€24k€19k▼
Income statement
Code20232024
Turnover70-€11k
Goods, raw materials, services and sundry goods60/61-€31k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€18k▲
Other operating charges640/8€869€1k▲
Gross operating margin9900€49k€-16k▼
Operating profit (loss)9901€32k€-35k▼
Financial income75/76B-€77
Recurring financial income75-€77
Financial charges65/66B€221€202▼
Recurring financial charges65€221€202▼
Profit (loss) for the period before taxes9903€32k€-35k▼
Income taxes67/77€9k€27▼
Profit (loss) for the period9904€22k€-35k▼
Profit (loss) for the period to be appropriated9905€22k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-55k▼
Profit (loss) brought forward from the previous period14P€-42k€-19k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-35k ▼260%
Net result drops to €-35k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 65 days late
2022
31-12
Financial
Highest result since 2018net €51k ▲222%
Operating result €51k, net result €51k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after 3 loss-making years.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 67 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
24-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 85 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
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, Hannut · 1 establishment unit since 1993
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.
Rue des Loups (THIS) 104280 HannutGround area
1,007 m²
Building footprint
93 m²
Parcel 64066C0431/00S000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue des Loups (THIS) 10, 4280 Hannut
since 19932.032.009.250
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64066C0431/00S000 | Wallonia | 1,007 m² | 1 · 93 m² | - |
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.
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Of 3,396 companies in sector 90393 we hold annual accounts for 939. 678 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded07-04-1986
Fiscal year end31-12
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
47400Retail sale of information and communication equipment
47410Retail trade
52487
59111Production of cinema films
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.