Sam Electro Solutions
ActiveSummary
The computed 12-month bankruptcy probability of Sam Electro Solutions is 2.2% (moderate). The 2025 annual accounts show equity of €116k and a net result of €48k. Equity is growing by ~28.5% per year across the filed fiscal years. Its solvency ranks better than 40% of 27965 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability89▼-11
Solvency63▼-25
Growth78=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 2.4 in 2024; short-term debt: 61.8% and cash: 57.9% of total assets), and 61.8% 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.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.2%
Return on assets
16%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-05-2026, 71 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
71 d early
2024
15 d early
2023
30 d early
2022
7 d early
← 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
€116k▼ 39.3%
2024 · €191k
Total assets
€303k▼ 0.1%
2024 · €304k
Net result
€48k▼ 45.4%
2024 · €89k
Working capital
€44k▼ 71.9%
2024 · €157k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€102-€43k▲ 42,367%€124k▲ 186%€84k▼ 31.9%
Net result€-974-€43k€89k▲ 105%€48k▼ 45.4%
Equity€59k-€102k▲ 73.3%€191k▲ 86.7%€116k▼ 39.3%
Total assets€294k-€342k▲ 16.4%€304k▼ 11.2%€303k▼ 0.1%
Debt€235k-€239k▲ 2.1%€113k▼ 53.0%€187k▲ 66.5%
Working capital€208k-€235k▲ 13.3%€157k▼ 33.2%€44k▼ 71.9%
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 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €303k
Fixed assets
€72k ▲ 111%
Current assets
€231k ▼ 14.1%
Equity and liabilities €303k
Equity
€116k ▼ 39.3%
Debt
€187k ▲ 66.5%
Debt's share of the balance-sheet total rises from 37.1% to 61.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€105k▼
2024 · €128k
Cash flow
€69k▼
2024 · €94k
Current ratio
1.24▼
2024 · 2.40
Debt to equity
1.62▲
2024 · 0.59
ROE
41.8%▼
2024 · 46.4%
ROA
16.0%▼
2024 · 29.2%
Interest coverage
530.68▲
2024 · 171.51
Debt ≤ 1 year
€187k▲
2024 · €113k
Income taxes
€36k▲
2024 · €34k
Staff costs
€70k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €74k | - | - |
| Remuneration, social security and pensions62 | €142 | - | €3k | €70k | ▲ 2,221% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63 | €3k | €5k | €20k | ▲ 322% |
| Other operating charges640/8 | €448 | €593 | €577 | €2k | ▲ 167% |
| Gross operating margin9900 | €754 | €47k | €132k | €176k | ▲ 33.3% |
| Operating profit (loss)9901 | €102 | €43k | €124k | €84k | ▼ 31.9% |
| Financial income75/76B | - | €210 | €50 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | €210 | €50 | €0 | ▼ 100.0% |
| Financial charges65/66B | €1k | €155 | €749 | €197 | ▼ 73.7% |
| Recurring financial charges65 | €1k | €155 | €749 | €197 | ▼ 73.7% |
| Profit (loss) for the period before taxes9903 | €-974 | €43k | €123k | €84k | ▼ 31.7% |
| Income taxes67/77 | - | - | €34k | €36k | ▲ 3.8% |
| Profit (loss) for the period9904 | €-974 | €43k | €89k | €48k | ▼ 45.4% |
| Profit (loss) for the period to be appropriated9905 | €-974 | €43k | €89k | €48k | ▼ 45.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €294k | €342k | €304k | €303k | ▼ 0.1% |
| Fixed assets21/28 | €1k | €17k | €34k | €72k | ▲ 111% |
| Tangible fixed assets22/27 | €1k | €17k | €34k | €72k | ▲ 111% |
| Furniture and vehicles24 | €1k | €17k | €34k | €72k | ▲ 111% |
| Current assets29/58 | €292k | €325k | €269k | €231k | ▼ 14.1% |
| Stocks and contracts in progress3 | €212k | €309k | - | - | - |
| Stocks30/36 | €212k | €309k | - | - | - |
| Amounts receivable within one year40/41 | €3k | €14k | €29k | €53k | ▲ 86.3% |
| Trade receivables40 | €955 | €14k | €23k | €17k | ▼ 28.2% |
| Other amounts receivable41 | €2k | - | €5k | €36k | ▲ 589% |
| Cash at bank and in hand54/58 | €76k | €100 | €240k | €176k | ▼ 26.9% |
| Deferred charges and accrued income490/1 | €221 | €1k | €821 | €3k | ▲ 224% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €294k | €342k | €304k | €303k | ▼ 0.1% |
| Equity10/15 | €59k | €102k | €191k | €116k | ▼ 39.3% |
| Contributions10/11 | €60k | €60k | €60k | €60k | = |
| Reserves13 | - | €42k | €131k | €56k | ▼ 57.3% |
| Distributable reserves133 | - | €42k | €131k | €56k | ▼ 57.3% |
| Profit (loss) carried forward14 | €-974 | - | - | - | - |
| Amounts payable17/49 | €235k | €239k | €113k | €187k | ▲ 66.5% |
| Amounts payable after more than one year17 | €150k | €150k | - | - | - |
| Financial debts170/4 | €150k | €150k | - | - | - |
| Amounts payable within one year42/48 | €85k | €89k | €113k | €187k | ▲ 66.5% |
| Trade debts44 | €8k | - | - | €2k | - |
| Suppliers440/4 | €8k | - | - | €2k | - |
| Taxes, remuneration and social security45 | - | €254 | €34k | €62k | ▲ 81.1% |
| Taxes450/3 | - | €254 | €34k | €58k | ▲ 70.2% |
| Remuneration and social security454/9 | - | - | - | €4k | - |
| Other amounts payable47/48 | €77k | €89k | €78k | €124k | ▲ 57.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-974 | €43k | €89k | €48k | ▼ 45.4% |
| + Depreciation and write-downs630 | €63 | €3k | €5k | €20k | ▲ 322% |
| Operating cash flow (approximation) | €-911 | €47k | €94k | €69k | ▼ 26.3% |
| Investment in fixed assets (approximation) | - | €-19k | €-22k | €-58k | ▼ 168% |
| Change in cash | - | €-76k | €240k | €-65k | ▼ 127% |
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
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €89k ▲105%
Operating result €124k, net result €89k, both a record.
31-12
Financial
Equity above €150kEq €191k ▲86.7%
2 profitable years in a row build equity to €191k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
31-12
Financial
Equity above €100kEq €102k ▲73.3%
Equity rises from €59k to €102k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 2022
Ground area
706 m²
Building footprint
368 m²
Volume, LiDAR
5,882 m³
Parcel 11345B0236/00Z008, Flanders · tallest building 21.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Sam Electro Solutions
since 20222.335.515.916
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11345B0236/00Z008 | Flanders | 706 m² | 1 · 368 m² | 21.7 m · 5 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. 8,765 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
Founded15-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43221Plumbing work
43230Insulation installation
43331Floor and wall tiling
43410Roofing work
46831Wholesale of construction materials, general range
Contact
Website
www.samelectrosolutions.com
E-mail
said.kh@hotmail.be
E-mail
samelectrosolutions@gmail.com
Phone
+32487148995
Scores and ratios are computed by Checked and are not a credit decision.