SAM
ActiveSAM has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €176k and a net result of €-10k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 90 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability61▲+52
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 56.79 against 18.98 in 2025; short-term debt: 0.7% and cash: 39.4% of total assets), and 0.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 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
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
1920212223242526
2019 to 2026 · latest year €-10k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 14-09-2026, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
47 d early
2025
39 d early
2024
27 d early
2023
48 d early
2022
9 d late
2021
30 d early
2020
23 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€176k▼ 18.8%
2025 · €217k
2019: €107k
2020: €119k
2021: €216k
2022: €231k
2023: €217k
2024: €235k
2025: €217k
2019 → 2026
Total assets
€177k▼ 20.2%
2025 · €222k
2019: €305k
2020: €305k
2021: €1.21M
2022: €311k
2023: €260k
2024: €269k
2025: €222k
2019 → 2026
Net result
€-10k▲ 41.1%
2025 · €-18k
2019: €19k
2020: €12k
2021: €97k
2022: €67k
2023: €-14k
2024: €17k
2025: €-18k
2019 → 2026
Working capital
€69k▼ 26.2%
2025 · €93k
2019: €-67k
2020: €-63k
2021: €69k
2022: €75k
2023: €57k
2024: €94k
2025: €93k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€231k-€217k▼ 5.9%€235k▲ 8.0%€217k▼ 7.5%€176k▼ 18.8%
Operating result€100k-€-16k€35k€-17k€-10k▲ 43.5%
Net result€67k-€-14k€17k€-18k€-10k▲ 41.1%
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 stays negative: a loss of €10k in 2026 against €17k in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €177k
Fixed assets
€107k▼ 13.2%
Current assets
€70k▼ 28.9%
Equity and liabilities €177k
Equity
€176k▼ 18.8%
Debt
€1k▼ 76.2%
The debt ratio falls from 2.3% to 0.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▲
2025 · €-978
Cash flow
€6k▲
2025 · €-1k
Solvency
99.3%▲
2025 · 97.7%
Current ratio
56.79▲
2025 · 18.98
Quick ratio
56.79▲
2025 · 18.98
Debt / equity
0.01▼
2025 · 0.02
ROE
-5.9%▲
2025 · -8.1%
ROA
-5.8%▲
2025 · -7.9%
Interest coverage
12.44▲
2025 · -5.43
Debt
€1k▼
2025 · €5k
Debt ≤ 1 year
€1k▼
2025 · €5k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€222k€177k▼
Fixed assets21/28€124k€107k▼
Tangible fixed assets22/27€124k€107k▼
Land and buildings22€75k€74k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€46k€32k▼
Current assets29/58€98k€70k▼
Amounts receivable within one year40/41€10k-
Other amounts receivable41€10k-
Cash at bank and in hand54/58€88k€70k▼
Equity and liabilities
Total equity and liabilities10/49€222k€177k▼
Equity10/15€217k€176k▼
Contributions10/11€10k€10k=
Capital10€10k€10k=
Issued capital100€10k€10k=
Revaluation surpluses12€7k€7k=
Reserves13€210k€179k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€203k€173k▼
Profit (loss) carried forward14€-9k€-20k▼
Amounts payable17/49€5k€1k▼
Amounts payable within one year42/48€5k€1k▼
Current portion of amounts payable after more than one year42€4k-
Other amounts payable47/48€1k€1k=
Income statement
Code20252026
Remuneration, social security and pensions62€349-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k=
Other operating charges640/8€10k€6k▼
Gross operating margin9900€10k€12k▲
Operating profit (loss)9901€-17k€-10k▲
Financial charges65/66B€180€528▲
Recurring financial charges65€180€528▲
Profit (loss) for the period before taxes9903€-18k€-10k▲
Profit (loss) for the period9904€-18k€-10k▲
Profit (loss) for the period to be appropriated9905€-18k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-20k▼
Profit (loss) brought forward from the previous period14P€8k€-9k▼
Transfer from equity791/2-€31k
Profit to be distributed694/7-€31k
Return on contributions (dividend)694-€31k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
14-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial
Liquidity triplescurrent ratio 56.79
Current ratio from 18.98 to 56.79; short-term debt falls from €5k to €1k.
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-18k ▼201%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity times 5current ratio 18.98
Current ratio from 3.75 to 18.98; short-term debt falls from €34k to €5k.
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
2023
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
31-03
Financial
Liquidity triplescurrent ratio 2.91
Current ratio from 1.07 to 2.91; short-term debt falls from €930k to €40k.
2021
01-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2019net €97k ▲705%
Operating result €140k, net result €97k, both a record.
31-03
Financial
Liquidity doublescurrent ratio 1.07
Current ratio from 0.51 to 1.07.
31-03
Financial
Equity above €200kEq €216k ▲81.4%
3 profitable years in a row build equity to €216k.
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Jabbeke · 1 establishment unit since 1995
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.
Hellegatstraat 48490 JabbekeGround area
1,289 m²
Building footprint
214 m²
Volume, LiDAR
918 m³
Parcel 31041A0311/00F000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SAM
since 19952.071.855.365
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31041A0311/00F000 | Flanders | 1,289 m² | 1 · 214 m² | 6.6 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.
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SLIM
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The Gates
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B-ONE
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E.S.S.
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,200 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-05-1995
Fiscal year end31-03
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
Sources
Crossroads Bank for EnterprisesNational Bank · 30 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.