SAM
SAM has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61k and a net result of €21k. Equity is growing by ~46.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 3462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €61k |
| Net result | €21k |
| Better than sector | 35% |
| Active | 37 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 15.9% | 29.8% | |
| Net result | €21k | €11k | |
| Equity | €61k | €90k | |
| Gross operating margin | €60k | €260k | |
| Total assets | €385k | €375k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €55k | €43k | €27k | €22k |
| Net profit | €21k | €17k | €1k | €-5k |
| Cash flow | €42k | €37k | €20k | €15k |
| Staff costs | - | - | - | - |
| Income taxes | €8k | €400 | - | - |
| Dividends | - | - | - | - |
| Total assets | €385k | €380k | €384k | €402k |
| Equity | €61k | €40k | €23k | €22k |
| Debt | €324k | €340k | €361k | €381k |
| of which ≤ 1y | €54k | €48k | €47k | €107k |
| of which > 1y | €269k | €292k | €314k | €273k |
| Working capital | €-14k | €-12k | €-27k | €-88k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.75 | 0.74 | 0.43 | 0.18 |
| Quick ratio | 0.75 | 0.74 | 0.43 | 0.18 |
| Working capital ratio | -3.5% | -3.3% | -6.9% | -21.9% |
| Solvency | 15.9% | 10.6% | 5.9% | 5.4% |
| Debt / equity | 5.29 | 8.47 | 15.86 | 17.55 |
| Long-term debt ratio | 4.40 | 7.27 | 13.80 | 12.61 |
| Interest coverage | 10.19 | 7.32 | 4.31 | 3.23 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 5.5% | 4.6% | 0.3% | -1.1% |
| ROE | 34.3% | 43.3% | 4.8% | -21.2% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €385k | €380k | €384k | €402k |
| Fixed assets | 21/28 | €344k | €344k | €364k | €383k |
| Tangible fixed assets | 22/27 | €344k | €344k | €364k | €383k |
| Current assets | 29/58 | €41k | €36k | €20k | €19k |
| Amounts receivable within one year | 40/41 | €20k | €22k | €15k | €16k |
| Cash & bank | 54/58 | €20k | €13k | €5k | €2k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €385k | €380k | €384k | €402k |
| Equity | 10/15 | €61k | €40k | €23k | €22k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €41k | €20k | €2k | €1k |
| Amounts payable | 17/49 | €324k | €340k | €361k | €381k |
| Amounts payable after one year | 17 | €269k | €292k | €314k | €273k |
| Amounts payable within one year | 42/48 | €54k | €48k | €47k | €107k |
| Trade debts payable within one year | 44 | - | - | €255 | - |
| Income statement | |||||
| Gross operating margin | 9900 | €60k | €47k | €31k | €27k |
| Operating result | 9901 | €34k | €23k | €7k | €2k |
| Financial income | 75 | - | €183 | €5 | - |
| Financial charges | 65 | €5k | €6k | €6k | €7k |
| Result before taxes | 9903 | €29k | €18k | €1k | €-5k |
| Income taxes | 67/77 | €8k | €400 | - | - |
| Net result for the period | 9904 | €21k | €17k | €1k | €-5k |
| Result to be appropriated | 9905 | €21k | €17k | €1k | €-5k |
-
VERMAELE Christelle Anne MarcelDirectorState Gazette act 23420793 (06-11-2023)Current26-11-2021 → present
| NACE primary | Cafés and bars(56301) |
| Legal form | Coöperatieve vennootschap met beperkte aansprakelijkheid(008) |
| Incorporation | 21-04-1989 |
| Status | Active |
| Postal code | 4000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92016B0288/00F006 | Wallonia | 1,233 m² | 1 · 227 m² | - |
| 62810C0029/00H000 | Wallonia | 639 m² | 1 · 439 m² | 25.3 m · 7 fl. |
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.
06-11-2023 VERMAELE Christelle Anne Marcel appointed as director
- VERMAELE Christelle Anne Marcel, Bestuurder
Technical details
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"notary": {
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"act_meta": {
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"filing_date": "2023-10-31",
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"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-10-27",
"unanimous": true
}
],
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"subject_company": {
"kbo": "0437.267.882",
"name_full": "SAM",
"legal_form": "Soci\u00E9t\u00E9 coop\u00E9rative \u00E0 responsabilit\u00E9 limit\u00E9e"
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"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameFR | SAM |