SAM CASTELEIN

Active

Private limited companyfounded 20206 yrs activeKerkstraat 151, 8570 Anzegem, BelgiumKBO/BCE: BE 0742.637.839

Summary

The computed 12-month bankruptcy probability of SAM CASTELEIN is 2.2% (moderate). The 2024 annual accounts show equity of €135k and a net result of €12k. Equity is growing by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 70% of 36375 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

66 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability76▼-21

Solvency89▼-11

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €8k at 30 days acceptable

Liquidity ample (current ratio 2.51 against 4.47 in 2023; short-term debt: 35.6% and cash: 15% of total assets), and 35.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

24 d early

2023

26 d early

2022

20 d early

2021

40 d early

2020

36 d early

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€135k▲ 9.1%

2023 · €123k

2020: €46k 2021: €63k 2022: €89k 2023: €123k

2020 → 2024

Total assets

€209k▲ 32.0%

2023 · €158k

2020: €134k 2021: €118k 2022: €158k 2023: €158k

2020 → 2024

Net result

€12k▼ 65.9%

2023 · €35k

2020: €27k 2021: €18k 2022: €27k 2023: €35k

2020 → 2024

Working capital

€112k▲ 17.2%

2023 · €96k

2020: €13k 2021: €40k 2022: €58k 2023: €96k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€46k-€63k▲ 36.4%€89k▲ 41.7%€123k▲ 39.0%€135k▲ 9.1%

Operating result€39k-€25k▼ 36.9%€37k▲ 52.1%€49k▲ 29.9%€17k▼ 64.5%

Net result€27k-€18k▼ 34.4%€27k▲ 53.8%€35k▲ 31.4%€12k▼ 65.9%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 65% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €209k

11%

89.4%

Fixed assets €22k ▼ 36.3%

Current assets €187k ▲ 51.2%

Equity and liabilities €209k

64.4%

35.6%

Equity €135k ▲ 9.1%

Debt €75k ▲ 113%

Debt's share of the balance-sheet total rises from 22.1% to 35.6%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€38k▼

2023 · €75k

Cash flow

€33k▼

2023 · €62k

Current ratio

2.51▼

2023 · 4.47

Quick ratio

2.05▼

2023 · 3.63

Debt to equity

0.55▲

2023 · 0.28

ROE

9.0%▼

2023 · 28.7%

ROA

5.8%▼

2023 · 22.4%

Interest coverage

65.79▼

2023 · 79.07

Debt ≤ 1 year

€75k▲

2023 · €28k

Income taxes

€5k▼

2023 · €14k

Staff costs

€494▼

2023 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines

Balance sheet Code20232024

Assets

Total assets20/58€158k€209k▲

Fixed assets21/28€35k€22k▼

Tangible fixed assets22/27€35k€22k▼

Plant, machinery and equipment23€836€6k▲

Furniture and vehicles24€29k€12k▼

Other tangible fixed assets26€5k€5k▲

Current assets29/58€124k€187k▲

Stocks and contracts in progress3€23k€34k▲

Stocks30/36€23k€34k▲

Amounts receivable within one year40/41€66k€117k▲

Trade receivables40€57k€86k▲

Other amounts receivable41€10k€31k▲

Cash at bank and in hand54/58€32k€31k▼

Deferred charges and accrued income490/1€2k€4k▲

Equity and liabilities

Total equity and liabilities10/49€158k€209k▲

Equity10/15€123k€135k▲

Contributions10/11€20k€20k=

Reserves13€103k€115k▲

Distributable reserves133€103k€115k▲

Amounts payable17/49€35k€75k▲

Amounts payable after more than one year17€7k-

Financial debts170/4€7k-

Amounts payable within one year42/48€28k€75k▲

Current portion of amounts payable after more than one year42€11k€7k▼

Trade debts44€13k€62k▲

Suppliers440/4€13k€62k▲

Taxes, remuneration and social security45€4k€5k▲

Taxes450/3€900€1k▲

Remuneration and social security454/9€3k€3k▲

Other amounts payable47/48€800€833▲

Income statement Code20232024

Remuneration, social security and pensions62€3k€494▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€20k▼

Other operating charges640/8€2k€1k▼

Gross operating margin9900€80k€39k▼

Operating profit (loss)9901€49k€17k▼

Financial income75/76B€1k€1k▼

Recurring financial income75€1k€1k▼

Financial charges65/66B€945€1k▲

Recurring financial charges65€945€573▼

Non-recurring financial charges66B-€785

Profit (loss) for the period before taxes9903€49k€17k▼

Income taxes67/77€14k€5k▼

Profit (loss) for the period9904€35k€12k▼

Profit (loss) for the period to be appropriated9905€35k€12k▼

Appropriation of the result

Profit (loss) to be appropriated9906€35k€12k▼

Transfer to equity691/2€35k€11k▼

To other reserves6921€35k€11k▼

Profit to be distributed694/7€800€833▲

Return on contributions (dividend)694€800€833▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

2025

07-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €12k ▼65.9%

Net result drops to €12k, the lowest in the series.

05-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Highest result since 2020net €35k ▲31.4%

Operating result €49k, net result €35k, both a record.

31-12

Financial Equity above €100kEq €123k ▲39%

4 profitable years in a row build equity to €123k.

11-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

21-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

25-06

NBB filing Annual accounts filed

fiscal year 2020 · micro 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, Anzegem · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Kerkstraat 1518570 Anzegem

Ground area

985 m²

Building footprint

428 m²

Volume, LiDAR

2,111 m³

Parcel 34002F0923/00T004, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Kerkstraat 151, 8570 Anzegem

Manufacture of electrical equipment

since 20202.298.703.228

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34002F0923/00T004	Flanders	985 m²	1 · 428 m²	8.9 m · 2 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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 190 EUR awarded · 190 EUR paid

Year	Entries	awarded	paid
2023	1	190 EUR	190 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 190 EUR · 190 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Péruwelz · Eq €134,665

Wuustwezel · Eq €134,539

Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,692 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded29-01-2020

Fiscal year end31-12

Activities, NACEBEL 2025

43211General electrical installation work

46140Agents in the wholesale of industrial machinery, ships and aircraft

46643Wholesale of electrical equipment, including installation materials

47552Retail sale of lighting equipment

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.