Sam Constructions
ActiveSummary
The computed 12-month bankruptcy probability of Sam Constructions is 2.9% (moderate). The 2025 annual accounts show equity of €19k and a net result of €-11k. Its solvency ranks better than 71% of 27965 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency91▼-9
Growth32
Track record82
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.8 against 4.81 in 2024; short-term debt: 33.9% and cash: 13.3% of total assets), and 33.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
66.1%
Return on assets
-37.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 36.1%
2024 · €29k
2024: €29k
2025: €19k▼ -36.1% vs 2024
2024 → 2025
Total assets
€28k▼ 22.7%
2024 · €36k
2024: €36k
2025: €28k▼ -22.7% vs 2024
2024 → 2025
Net result
€-11k
2024 · €26k
2024: €26k
2025: €-11k▼ -140% vs 2024
2024 → 2025
Working capital
€17k▼ 38.0%
2024 · €28k
2024: €28k
2025: €17k▼ -38.0% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€29k-€19k▼ 36.1%
2024: €29k
2025: €19k▼ -36.1% vs 2024
Operating result€34k-€-10k
2024: €34k
2025: €-10k▼ -130% vs 2024
Net result€26k-€-11k
2024: €26k
2025: €-11k▼ -140% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €34k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets
€1k ▲ 1.7%
Current assets
€27k ▼ 23.7%
Equity and liabilities €28k
Equity
€19k ▼ 36.1%
Debt
€10k ▲ 30.9%
Debt's share of the balance-sheet total rises from 20.0% to 33.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-10k▼
2024 · €37k
Cash flow
€-10k▼
2024 · €29k
Current ratio
2.80▼
2024 · 4.81
Debt to equity
0.51▲
2024 · 0.25
ROE
-56.5%▼
2024 · 89.7%
ROA
-37.4%▼
2024 · 71.8%
Interest coverage
-63.90▼
2024 · 47.61
Debt ≤ 1 year
€10k▲
2024 · €7k
Income taxes
€218▼
2024 · €7k
Staff costs
€26k▼
2024 · €28k
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€36k€28k▼
Fixed assets21/28€1k€1k▲
Tangible fixed assets22/27€999€1k▲
Plant, machinery and equipment23€999€681▼
Furniture and vehicles24-€341
Financial fixed assets28€400€400=
Current assets29/58€35k€27k▼
Amounts receivable within one year40/41€24k€22k▼
Trade receivables40€23k€17k▼
Other amounts receivable41€1k€5k▲
Cash at bank and in hand54/58€10k€4k▼
Deferred charges and accrued income490/1€848€953▲
Equity and liabilities
Total equity and liabilities10/49€36k€28k▼
Equity10/15€29k€19k▼
Contributions10/11€3k€3k=
Reserves13€26k€15k▼
Distributable reserves133€26k€15k▼
Profit (loss) carried forward14-€294
Amounts payable17/49€7k€10k▲
Amounts payable within one year42/48€7k€10k▲
Trade debts44€2k€554▼
Suppliers440/4€2k€554▼
Advances received on contracts in progress46-€7k
Taxes, remuneration and social security45€6k€560▼
Taxes450/3€5k€504▼
Remuneration and social security454/9€750€56▼
Other amounts payable47/48€82€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€28k€26k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€375▼
Other operating charges640/8€2k€226▼
Gross operating margin9900€66k€16k▼
Operating profit (loss)9901€34k€-10k▼
Financial income75/76B€24€8▼
Recurring financial income75€24€8▼
Financial charges65/66B€772€153▼
Recurring financial charges65€772€153▼
Profit (loss) for the period before taxes9903€34k€-10k▼
Income taxes67/77€7k€218▼
Profit (loss) for the period9904€26k€-11k▼
Profit (loss) for the period to be appropriated9905€26k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€-11k▼
Transfer from equity791/2-€11k
Transfer to equity691/2€26k-
To other reserves6921€26k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €28k | €26k | ▼ 7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €375 | ▼ 84.9% |
| Other operating charges640/8 | €2k | €226 | ▼ 85.6% |
| Gross operating margin9900 | €66k | €16k | ▼ 75.5% |
| Operating profit (loss)9901 | €34k | €-10k | ▼ 130% |
| Financial income75/76B | €24 | €8 | ▼ 66.9% |
| Recurring financial income75 | €24 | €8 | ▼ 66.9% |
| Financial charges65/66B | €772 | €153 | ▼ 80.1% |
| Recurring financial charges65 | €772 | €153 | ▼ 80.1% |
| Profit (loss) for the period before taxes9903 | €34k | €-10k | ▼ 131% |
| Income taxes67/77 | €7k | €218 | ▼ 97.0% |
| Profit (loss) for the period9904 | €26k | €-11k | ▼ 140% |
| Profit (loss) for the period to be appropriated9905 | €26k | €-11k | ▼ 140% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €36k | €28k | ▼ 22.7% |
| Fixed assets21/28 | €1k | €1k | ▲ 1.7% |
| Tangible fixed assets22/27 | €999 | €1k | ▲ 2.4% |
| Plant, machinery and equipment23 | €999 | €681 | ▼ 31.8% |
| Furniture and vehicles24 | - | €341 | - |
| Financial fixed assets28 | €400 | €400 | = |
| Current assets29/58 | €35k | €27k | ▼ 23.7% |
| Amounts receivable within one year40/41 | €24k | €22k | ▼ 9.1% |
| Trade receivables40 | €23k | €17k | ▼ 26.2% |
| Other amounts receivable41 | €1k | €5k | ▲ 341% |
| Cash at bank and in hand54/58 | €10k | €4k | ▼ 62.3% |
| Deferred charges and accrued income490/1 | €848 | €953 | ▲ 12.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €36k | €28k | ▼ 22.7% |
| Equity10/15 | €29k | €19k | ▼ 36.1% |
| Contributions10/11 | €3k | €3k | = |
| Reserves13 | €26k | €15k | ▼ 41.4% |
| Distributable reserves133 | €26k | €15k | ▼ 41.4% |
| Profit (loss) carried forward14 | - | €294 | - |
| Amounts payable17/49 | €7k | €10k | ▲ 30.9% |
| Amounts payable within one year42/48 | €7k | €10k | ▲ 30.9% |
| Trade debts44 | €2k | €554 | ▼ 63.4% |
| Suppliers440/4 | €2k | €554 | ▼ 63.4% |
| Advances received on contracts in progress46 | - | €7k | - |
| Taxes, remuneration and social security45 | €6k | €560 | ▼ 90.2% |
| Taxes450/3 | €5k | €504 | ▼ 89.8% |
| Remuneration and social security454/9 | €750 | €56 | ▼ 92.5% |
| Other amounts payable47/48 | €82 | €2k | ▲ 1,935% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €-11k | ▼ 140% |
| + Depreciation and write-downs630 | €2k | €375 | ▼ 84.9% |
| Operating cash flow (approximation) | €29k | €-10k | ▼ 135% |
| Investment in fixed assets (approximation) | - | €-398 | - |
| Change in cash | - | €-6k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Brecht · 1 establishment unit since 2023
Ground area
852 m²
Building footprint
124 m²
Volume, LiDAR
613 m³
Parcel 11042A0104/00N000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Sam Constructions
since 20232.352.487.847
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11042A0104/00N000 | Flanders | 852 m² | 1 · 124 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 22,832 companies in sector 43211 we hold annual accounts for 10,326. 7,060 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.