Skip to content

SAM

Active Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 1986active for 40 yearsRue des Loups 10, 4280 HannutKBO/BCE: BE 0428.727.132 #1 oldest company in Hannut, Arts, sports and recreation sector

Lifetime

20 annual accounts with figures on one time axis, 36 filings since 1986
Gross marginpeak €76,243 (2015)
€26,169▲ €42,422
Resultlowest -€42,327 (2009)
€13,379▲ €48,721
Equitypeak €62,294 (2023)
€40,331▲ 49.6%
Debts
€15,647▼ 27.2%
Staffpeak 0.2 FTE (2015)
-not published
Board1 name since 2021
1 directorGULMEZIAN Marie-Ange
Owners2 names in the annual accounts
99.6%DOMINIQUE WARNIER and 1 other
Documentsfilings and deeds
08-10-202669 days late
2025abbreviated format
Gross margin from -€16,253 to €26,169Back to profit: €13,379Equity from €26,952 to €40,331Debts from €21,495 to €15,647Cash from €12,262 to €32,212

Key points

from the 2025 annual accounts

Turnover

≈ €75,000 estimated

The accounts state no turnover.

Liquidity

2.65 was 1.27 in 2024

Short-term debts fell from €21,495 to €15,647.

Filings

36 annual accounts 69 days
AprilJune31 JulyOctober1990200020102020

Latest accounts filed late: after the legal deadline.

Checked score

97
Excellent
Financially stronger than 79% of micro companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 3,430 companies (NACE 90, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.2 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.1%▼ -0.4 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

Solvency
97+16equity 72.0% of total assets
Liquidity
89+29short-term debt 28.0% · cash 57.5%
Profitability
99+99return on assets 23.9%

Score breakdown

raises risk
Last filed accounts filed 69 days late; 2 of the last 3 accounts late
lowers risk
Liquidity: current ratio 2.65, cash €32,212
Sector: Arts creation and performing arts activities (NACE 90)
Founded in 1986
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 90, micro). It does better than 72% of them on solvency, 79% on liquidity, 82% on profitability and 84% on growth.

The bankruptcy probability was computed on 04-11-2026 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).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as SAM has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SAM itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,368 companies, not a prediction for SAM. 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 €3,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.65 (1.27 in 2024), above the usual 1.5. Short-term debt is 28% and cash 57.5% of total assets. 28% 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 · Last filed accounts filed 69 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 2.65, cash €32,212
NBB · annual accounts
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 69 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-10-2026, 69 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 filings
Deviation from the deadline
2025
69 days late
2024
29 days late
2023
61 days late
2022
65 days late
2021
61 days late
2020
88 days late
2019
67 days late
← 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 63 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% 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 1 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GM
GULMEZIAN Marie-Ange
Director
  • DOMINIQUE WARNIER 99.6%annual accounts 2025
  • MARIE ANGE GULMEZIAN 0.4%annual accounts 2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0428727132
First establishment Rue des Loups 10, Hannut
Incorporation published on 24-04-1986 · Gazette deed
All 47 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
SAM Hannut €55,978 €26,169 72.0% -
ALGEMENE ONDERNEMINGEN HOME SERVICE Westerlo €57,298 €23,645 60.3% -
LE SOLEIL LEVAIN Nivelles €52,916 €34,201 21.4% -
Syrinx Saint-Josse-ten-Noode €65,677 €35,165 67.1% -
CAVERN RECORDING AND PRODUCTION COMPANY Zoersel €55,833 €36,936 85.5% -
SEVENTY SEVEN PRODUCTIONS Brussels €46,527 €23,526 -27.5% -
B-TRACK Herentals €63,612 €33,236 74.7% -

These companies have the same main activity as SAM: specialised image, lighting and sound technical services (NACE 90393). They are comparable in size and age: total assets between €46,500 and €65,700, founded between 1989 and 1995.

Official details

Source: KBO
Status
Active since 07-04-1986Normal situation
Activity
Specialised image, lighting and sound technical servicesNACE 90393and 2 others
Establishment unit
2.032.009.2504280 Hannut, since 13-05-1993
Financial year end
31 December
Peppol
Reachable since 12-12-2025
Company details

Annual accounts 2025

Total assets
€55,978▲ 15.5%
Filing
Filed on 08-10-2026
Financials

Insights on SAM

SAM files the abbreviated format. That format states no turnover. The gross margin fell from €50,781 in 2006 to €26,169 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 SAM

What is the company number of SAM?
The company number of SAM is 0428.727.132. The VAT number is the same number with BE in front: BE 0428.727.132.
Where is SAM based?
The registered office is at Rue des Loups 10, 4280 Hannut.Company details
What does SAM do?
According to the KBO register, the main activity is specialised image, lighting and sound technical services (NACE 90393).
What is the legal form of SAM?
Legal form of SAM: Coöperatieve vennootschap met beperkte aansprakelijkheid.
When was SAM founded?
SAM was founded on 07-04-1986.
Is SAM still active?
Yes, SAM is an active enterprise in the KBO register.
What is the turnover of SAM?
The turnover in financial year 2025 is ≈ €75,000. This figure is estimated from the gross margin of €26,169 and 35 comparable companies (NACE 90). It probably lies between €43,000 and €120,000. In financial year 2024 turnover was €11,146.Financials
Is SAM profitable?
In financial year 2025, SAM made a profit of €13,379.
Where can I find the annual accounts of SAM?
SAM filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SAM due?
SAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.